They posted it upside down, I'm actually not satisfied

Chapter 123

On Li Yuan's side, the fund's positions are already full.

The total amount is only 54 billion. At the closing stage, the most we can get is around 3000 million.

It had already exceeded the standard before, and it only fell within a reasonable range after selling for 9000 to [-] million.

However, as the stock price approaches its limit, he has more capital positions.

Because the position lost 2000 million, it was able to replenish [-] million at the lower limit.

If the stock price has risen, causing the capital ratio to exceed 9.98% is not considered a violation, as long as the buying stage does not exceed it.

If Li Yuan wanted to operate, he had to smash down the stock price.

At this moment, he suddenly realized a problem.

I haven't personally traded, so I don't know the position situation, the trader is not a bad pen!

Do they have no idea about the stocks they are responsible for?Don’t know what the buy-in limit is?
I exceeded the limit without even reminding myself.

Even if you are not looking for a powerful character, you should understand the most basic common sense.

"For small orders, contact Lianying Technology at the lower limit. Don't buy any chips above this price!"

The opponent has lost so many chips today, and even if they are down to the limit, they can still hold back their hands, which is enough to show that the opponent is a very powerful character. His entry into the market with a big order will not be effective. It is better to slowly gain chips with a small order.

If one party is targeting itself, then it's okay to say that neither side has too many chips, and they have reached their limit today.

The most fearful thing is that several alliances want to eat hundreds of millions of themselves.

Today's 29 billion, only about 16 billion have entered the market, and there are still 13 billion left.

Lianying Technology is in a bad situation today, and it must make its net worth look better.

The remaining 13 billion can only be used to buy risky tickets.

Otherwise, there will be no place to make up for the [-] million loss from Lianying Technology.

Slowly, it finally came to a close.

Li Yuan went home without even looking at the transaction results.

At twelve o'clock at night, the net worth of the day was updated.

1.0879 (+3.4%)

The net worth is positive, but the dilemma remains.

And he saw the situation of the securities lending quota.

The more than 5 million bond lending quota has now become zero.

This is simply not something that one person or force can do.

Some people specifically chose Lianying Technology because Lianying Technology has a high upper limit and a low lower limit, and its market value is not low.

With a market value of 200 billion, if you really want to cheat it, you can cheat yourself out of a billion dollars.

Cut off the flesh and run away?That's not his character.

Now that you are here, make good money!

He sent a message to Yu Yue, asking Yu Yue to call the brokerage and ask the brokerage to check who looked at his account.

Although he felt that it was unlikely that the brokerage would do such a thing, he still had to rule it out.

There are not many people at the brokerage who have the authority to check the account at will, and records will be left every time, so it is not difficult to find out this matter.

Although he had no direct evidence, as long as someone looked at it, there would be suspicion.

Feedback came back soon after the phone call, and many senior executives from the brokerage firm saw it. After all, Li Yuan chose a small brokerage firm, and Qingtian Capital happened to have a lot of money in the past two days.

However, they only looked at the funds and did not check the specific positions. This is documented.

Li Yuan already felt confident.

Brokerages really don’t dare to do this kind of thing. Once something goes wrong, small brokerages can’t afford to take the blame.

Moreover, securities companies have very strict supervision. Illegal securities lending is basically the limit. If they dare to involve insider trading, not only can they be fined and bankrupted, but if the amount involved is relatively large, many people will be implicated.

Wednesday.

Lianying Technology opened lower by three points, and on this day, Qingtian Capital added another [-] million subscription funds.

At the same time, there is a subscription limit.

Many people who want to buy Qingtian Mixed Small and Medium Caps have discovered this situation.

"What the hell, what do you mean? Why are there restrictions on subscriptions? 5 yuan per person? This is nonsense!"

"Is Yuan Shen drifting away? You don't even want to give you money?"

"You are so awesome, why don't you go into private equity? Aren't you incapable of doing private equity? You can earn some popularity by trading small funds, and then you can cut leeks easily? Rich people are not that stupid and will not give you funds easily."

"Now it is almost certain that Li Yuan is playing against him. The net worth on the first day was five points, and on the second day the net worth was only a pitiful three points. Maybe there will be only one point left today. I advise everyone who wants to redeem. Hurry up, they have already designed it, the subscription fees and management fees are withdrawn now, and with the 1.5% redemption default fee, more than half of the nine-point profit in two days will have to be given away."

"This is pretty good. If it takes a few more days, we don't know how it will fall. If we bear the high redemption fees then, we will definitely lose money!"

Under Li Yuan's video, a group of rhythmic speeches began to appear.

Although some people are refuting, they cannot suppress the continued spread of this voice.

Some people were really affected and began to redeem funds.

Yu Yue knew about the large redemption situation immediately. Some people occasionally redeemed it in the past few days, but the total did not exceed 100 million. Maybe something happened.

But today, in less than two hours, there were more than 6000 million fund redemption applications.

At 11:30, after Li Yuan came out of the trading room, Yu Yue told him about the incident.

"It's only 6000 million to redeem, right?"

Li Yuan asked.

"Boss, 6000 million is a lot. These people have to leave despite the redemption fee. I'm afraid they won't come back again... There are too many people driving the rhythm now. Why don't you, boss, close the comment area of ​​that account?" Alright?"

There are too many comments and I can’t even delete them.

Besides, it is better to just close the comment area than to delete comments, so as to prevent others from continuing to delete comments.

Unexpectedly, Li Yuan didn't care at all and said: "Since they are willing to listen to other people's words, let them go. By the way, control this news. If anyone asks, just say that the redemption exceeds [-] million."

"what?"

Li Yuan smiled and said nothing more.

It is difficult to run a company, because no one knows whether it will be betrayed.

Especially when it comes to finance, any piece of news can become a breakthrough for others.

He didn't know if Yu Yue was the one who betrayed the information, so he could only test it a little bit.

When the market opened at [-] o'clock in the afternoon, he directly said to the trader: "The company encountered a large amount of redemption applications today. It is difficult to move other tickets. I will withdraw a sum of funds from Lianying Technology. Let's first release [-] million, and the rest will be used in the early trading tomorrow." All the [-] million yuan will be spent to deal with the redemption."

The funds are all T+2. You can redeem your funds on Wednesday and receive your funds on Friday.

As for the fund company, it only needs to sell stocks and prepare funds.

Guo Meng felt very uncomfortable when he heard that Li Yuan wanted to cut off [-] million yuan to pay for the redemption.

Because Li Yuan's other trading operations were perfect, only Lianying Technology was tricked, and the current loss on a single stock has exceeded 2000 million.

If we spend another 5000 million today and the stock price drops several points, the loss may reach [-] million.

It's a vicious circle.

It may even drag down other markets.

With frequent warehouse adjustments today, there is not much room for maneuver.

Only Lianying Technology can come up with so much money.Tomorrow [-] million, I am afraid that Lianying Technology will directly drop the limit.

Then... Li Yuan will lose at least more than 2 million on Lianying Technology.

Basically wiped out the next day's profits.

On Tuesday, if Lianying Technology had not lost 6000 million, it would have earned [-] million, and its net worth should have increased by about five points.

The actual situation was just past three o'clock.

For the first time, she saw unwillingness on Li Yuan's face.

This is a huge disaster for Qingtian Mixed Small and Medium Caps, which is determined to be a blockbuster.

Finally, it was time to close.

There is no doubt that Lianying Technology was hit by Qingtian Mixed Small and Medium Caps, otherwise it would never have been able to come up with [-] million funds.

With this level of commitment, I’m afraid I won’t even be able to get out the remaining 7000 million tomorrow.

A total of 2000 million has entered the market, and now there is only 7000 million left, plus stocks worth 3000 million. Tomorrow, more than [-] million will be lost for this part of the stock.

If you can't escape, you will continue to lose money.

It has basically been determined that the loss will be at the bottom of [-] million.

After the market closed, Li Yuan still didn't read anything and left the company directly.

After Li Yuan came back, he has been watching the equity changes of Lianying Technology.

After two days of sharp declines, Lianying Technology's market value has dropped to 180 billion.

If it falls again, it will be infinitely close to 160 billion.

The market value of this kind of electronics factory is entirely supported by performance, because there is nothing in itself that can increase the price-earnings ratio.

The technology is average, and compared to other electronics factories, it has no advantages, whether in management or connections.

It is relying on its strong scale and a price-to-earnings ratio of around 200 that it has forcibly supported a market value of more than [-] billion.

When the market value drops to about 160 billion, the price-earnings ratio will become 9, and a bunch of bulls will appear in this position out of thin air.

Because value investing will be considered at this time.

This is not like the trap of a short-term explosion that results in an extremely low price-to-earnings ratio. This is just an expectation caused by an underestimation of the market value.

Li Yuan will not do any illegal operations, such as uniting others to fight back with him, which is meaningless.

All he has to do is borrow...

Within the reasonable and legal scope of operation, kill the opponent!

At twelve o'clock that night, the net worth of the third day came out.

1.1102 (+2.05%)

As some people expected, it fell further today, but it did not fall directly to a point as those people said.

In just three trading days, Li Yuan has already made 11 points, which would have been a huge success if placed in other funds.

After all, the overall market is not good.

But when it comes to Li Yuan, the data that was so good on the first day deteriorated little by little in the next two days, and the suspicion of his opponent's performance skyrocketed, which naturally aroused the dissatisfaction of many Christians.

The redemption amount has been further increased, but they can't get the money this week and have to wait until next week.

So even if there is a [-] million redemption, Li Yuan is not afraid.

He has a lot of ways to supplement the funds.

Thursday came as scheduled...

After the market opened, a surprising scene occurred at Lianying Technology.

Straight to the limit!

The closing funds reached [-] million.

Li Yuan smiled.

Even the way out was blocked.

Obviously, his opponent was not willing to let him leave with a loss of [-] million, and wanted him to lose even more.

In other words, what he said in the trading room yesterday was known to others.

It wasn't Yu Yue who leaked it. If it was Yu Yue, he knew that there was only more than 6000 million in redemption, so he wouldn't be in such a hurry.

That's the people in the trading room...

Of course, it cannot be ruled out that the people in the trading room let people outside the trading room know through internal communication.

In short, it is certain that someone in the company must be a traitor besides himself and Yu Yue.

The traders in the trading room are the most suspect.

……

Inside the conference room of Lianying Technology.

There is a large screen behind Chairman Feng Tianming, which clearly displays the stock price of Lianying Technology.

After he and others arrived, he said directly: "Everyone has seen the situation. Someone is shorting us. The current market value has been reduced to only 160 billion. I don't want to say more, and I don't want to guess whether there is any Insiders cooperate with them. In short, I can accept the fluctuation of Lianying Technology's stock price, but I will not accept three consecutive lower limits! What do our investors think when such a situation occurs? There will still be retail investors who dare to enter in the future. Will the market buy our stocks? Will the stocks in our hands still be valuable in the future? "

The most important thing about stocks is reputation. If you ruin your reputation and make everyone lose money, others will stop playing in the future.

To restore the confidence of investors in them will not be achieved in a short period of time, and a lot of money will be needed.

All those present were management, and they more or less had some stocks in their hands. The stock market was their money printing machine, and they did not want to see Lianying Technology lose the ability to cash out from the secondary market.

Once something goes wrong, if there is any problem with Lianying Technology's business in the future, they will not be able to find anyone to take over the business.

Feng Tianming said: "I personally plan to increase my holdings by 90 million, and I will distribute [-]% of my net profit as dividends this year..."

Fortunately, the company's major shareholders stepped forward to endorse the company, allowing those short-selling funds to restrain themselves.

The latter is for all shareholders.

The company's annual net profit is around 18 billion, and it uses its profits for expansion almost every year.

If the dividend is 90% this year, more than 16 billion will be distributed.

Calculated according to the current stock price, it is a full ten points.

This is much better than raising your salary on weekdays.

Because personal income tax on wages is very high, but stock dividends only need to be deducted 20% tax.

After all, each of them starts with an annual salary of several million, and if they want to get more money, the subsequent personal tax threshold will be 45%, and the dividend will be 500 million, which is almost equivalent to a salary increase of 800 million.

Moreover, they basically have hundreds of millions worth of stocks in their hands, and can easily share tens of millions of profits.

"Chairman, those guys are so outrageous. We should really set an example for the investors! It just so happens that I raised my sign before half an o'clock, so I will raise my sign today!"

A major shareholder has spoken.

Others don't want to miss this dividend. Even if the stock price rises further, it will be a good deal.

Anyway, the money invested has become stocks, and it will not be less for the time being.

Feng Tianming glanced at the screen behind him. The bill of [-] million yuan was suddenly reduced by [-] million yuan.

So he said: "Then everyone should go back and prepare quickly. A group of clowns dare to come and run wild on our territory. I want to see today where to get the stocks they borrowed!"

He was actually not that angry after being hit two days ago, and it was only today that he was allowed to break through the defense.

If it hadn't hit the limit today, he wouldn't have been so aggressive.

(End of this chapter)