After divorce, I can hear the voice of the future

Chapter 294 The Dream Continues
"Handsome guys, why can't you subscribe?"

"It seems to be locked. Is Ryoko so tough?"

The onlookers were dumbfounded. The entire position was redeemed and the shares were not allowed to be repurchased for half a year. This could barely be classified as malicious subscription and market disruption. The fund company does have this authority, but locking positions exceeds the authority of a public fund.

What Lu Liang did was completely an act of usurpation of power. He did not take the CSRC seriously, just like a player exercising the power of a referee.

When the CSRC supervision team learned about this, they immediately called the fund manager and gave the answer after learning the details: "Tianxing Fund Management did not violate any laws."

“Since there is no illegal operation, what is the situation?”

“Eliminate all the impossibilities, and then even the most impossible will be the truth.”

“It means that after the fund suffered a large number of redemptions, a large amount of funds were bought in to fill your vacancies.”

"Didn't they say that the upper limit for each user is 200 million? Are you guys crying poor online every day fake?"

"There is an upper limit for individual users, but there is no upper limit for institutions, just like Shanghai Human Resources and Social Security Bureau and Guozi Xiaoxin."

This generation of netizens is like Sherlock Holmes, talking about this and that and basically restoring the truth of the matter.

Just now, a few minutes after the Tianxing Hybrid Fund was announced to the public, the Human Resources and Social Security Bureau of Suzhou City rushed over after hearing the news.

As the domestic population structure gradually ages, the Human Resources and Social Security Bureaus in all provinces and regions are under particularly great pressure.

Zhou Yi from the Investment Promotion Office acted as a matchmaker, hoping to get the Human Resources and Social Security Bureau of Suzhou City to join in. Lu Liang thought that the factory would also be settled in Suzhou City in the future, so he would have to deal with them inevitably.

So he just went with the flow and did a favor for them, and of the 62 billion shares that were supposed to be released, 60 billion was withheld and reserved for them.

There were only more than 200 million shares left in circulation, and they were sold out almost instantly, so subscription was naturally suspended.

"Liangzi, Mr. Lu, Mr. Lu, I was wrong, please let me in."

"Everyone has their own job. Unless the fund suffers a huge loss, you can forget about getting on board."

A crowd of spectators loved to see it. Some of them didn't have the money to subscribe and were simply gloating, while others were just lying in wait and laughing at their overestimation of their own capabilities.

This is the first time I've seen someone shoot himself in the foot and lose his own job.

Don’t even think about it before redeeming it.

Lu Liang is not a so-called star fund manager at all. He is one of the top ten investors in the world and is called the 82-point man by businessmen.

Even if the investors of private equity funds learn that Lu Liang has left the private equity, they will carefully observe for a few months to see the subsequent profits and losses before deciding whether to apply for redemption.

This group of people, slightly fueled by public opinion, redeemed their shares without a second thought. They were simply stupid. Do they think they are more professional than those investors?
Don’t you think about it, the annualized rate of 8.2% has exceeded % of the public funds in the market.

As expected, people cannot earn money beyond their cognition. Even if they make money by chance, they will lose it back in the end due to their own strength.

Even though the outside world was in an uproar, Tianxing Fund did not come out to respond.

Because Zhao Jisheng called Lu Liang and implicitly indicated that public offerings are public offerings after all, and are products for the general public, so Lu Liang's temper should be restrained a little.

At the end, he specifically pointed out that these were just some small suggestions and friendly reminders, and that they only represented his personal opinion and not the SEC.

Lu Liang relayed the original words to Zhang Jing, and from now on, as long as it did not involve issues of law or regulation, he would try to reduce the number of announcements on weekdays.

Zhang Jing smiled bitterly: "Okay, Mr. Lu."

He is very moderate. The biggest unstable factor is Lu Liang. As long as he doesn't do anything weird, there won't be any weird things.

The next day is Friday, which is also the last working day of the week.

The good news that 17 stocks in the new energy sector were targeted has basically been exhausted.

The grand occasion of dozens of stocks hitting the daily limit at the same time has also become a beautiful memory in people's minds.

The entire new energy sector has stabilized and is moving steadily upward, and the Tianxing Mixed Fund has also ushered in its first update.

Net value: 1.3106, because it is counting yesterday's increase, and yesterday 17 stocks were targeted and they all hit the daily limit again.

Although the Lingshui New Energy Industrial Park in Suzhou has caused a lot of controversy and even triggered a fund redemption frenzy, it is good news for these companies.

Because 1300 billion is the development fund of the park, and these companies that decide to settle in the park are also the biggest vested interests.

Another 3.22% increase in one day.
The investors who redeemed their shares yesterday fainted in the toilet crying.

They used to be meat-eaters, but they ruined the opportunity themselves and now can only watch helplessly.

Fate is sometimes very strange. When you make a mistake, you often make the same mistake again and again. For example, they can no longer subscribe to Tianxing Fund, but they can still buy stocks of New Energy.

Therefore, following the asset allocation details of Tianxing Fund, we bought stocks such as BYD and Tianqi Lithium.

They are euphemistically called junk funds, which no one would buy. Their prices don’t rise as much as stocks, and they don’t fall more than stocks. It is purely a place for middlemen to make money from the difference among investors.

However, for the A-share market, a small drop on Friday is customary. The new energy sector has been rising for so many days, it is time for a correction, and there is also potential for a big bomb.

LeTV exploded.

Jia held a press conference in Los Angeles, announcing that FF had received a billion-dollar investment and the dream was on.

When he was interviewed, he also talked about LeTV, saying that he would take responsibility to the end and would return to China to deal with related matters. This is the social responsibility of an entrepreneur.

But there is no time right now, he should focus on more important things.

For example, Faraday Future,

This is not only his future, but also the future of LeTV.

"??? What does this mean?"

"Let me translate it: I won't be back for now, but I will definitely come back. LeTV, you guys can handle it on your own."

"Why are you talking so much nonsense? Let me summarize it: for the sake of the future, give up the present."

"What's the fucking difference between this and Dai Wei?"

"The 1120 millionth person in line for ofo refunds has passed by~"

"There is still a little difference. Dai Wei was stubborn for a while and then he completely lost contact, but Lao Jia is still jumping around."

“Does it make any fucking difference?”

A netizen kept saying "fuck" whenever he opened his mouth, appearing extremely irritable and easily angered.

Because the news reached China, LeTV, which had finally shown some signs of improvement after a few days of limit down, was once again pinned to the floor.

It would be fine if LeTV hit the limit down, after all, it has been falling for three days in a row, but it happened to be Friday, and the new energy sector happened to be facing a correction.

The resulting series of chain reactions caused the new energy index to plummet like diarrhea, bringing down the broader market as well.

The New Energy Index plummeted by -5.52%, and the Shanghai Composite Index plummeted by 2.12%. All indicators were in the red, like a lush field of leeks.

"I was wrong! Someone please save me!"

Those who redeemed their funds yesterday were all dumbfounded. They missed out on the chance to make some money, but none of them were left out when the going got tough.

Although the sector plummeted and Tianxing Fund will also fall, it rose 3.22% yesterday, which is enough to make up for the losses from today's plunge.

But for those who redeemed their funds yesterday, they did not earn a 3.22% return yesterday, and they lost 10 points by buying stocks today.

In two days, Lu Liang was directly established as a public offering, and the gift to them was 27 points, which was half of the loss.

At the same time, Tianxing Fund Co., Ltd.

“Just make some notes, but don’t push up the stock price and try to minimize the impact on the market.”

When Lu Liang heard the news, he hurried to the trading room. He had thought that LeTV would collapse, but he didn't expect it to happen so soon.

I don’t know where Jia got the $1 billion from, but he didn’t invest in LeTV, but chose FF instead.

This means that he will definitely not come back in the short term.

The fund company still has 600 billion in its account. The redemption crisis has passed, and it is enough to reserve 5-10% of the positions for the future.

Today's flash crash of the market index is a good opportunity for them to continue to increase their holdings and cover their positions.

Public offerings are easier to operate than private offerings, especially when Lu Liang knows that a certain industry has potential.

As long as you have passed the first six months of the lock-up period, you can sell some if the price goes up, and buy some back if the price goes down.

Keep this pace and you don't have to use your brain much.

(End of this chapter)