Chapter 349: Silent Taunting
"Mr. Lu, I will do my best to live up to your high expectations."

Zhang Jing's eyes were determined. He had been in the industry for fifteen years, and this was the closest he had ever been to success.

Boss Lu has already paved a smooth road. If he fails to manage well or makes mistakes, he will not be able to stay in the company in the future.

"Do what you can and do your best."

Lu Liang picked up the financial statements. Publicly offered funds should be the most troublesome and least profitable project.

He invested more than half a year in this project and received only 1.2% management fee, or 36 billion yuan.

Although the upper limit is 2%, the remaining 0.8% will only be available after periodic settlement and when the annualized rate is higher than 13%.

Lu Liang exercised his authority as general manager for the last time, retaining 6 million yuan for the company's expenses in the second half of the year, with a planned dividend of 30 billion yuan.

The dividends received by shareholders from the company are classified as "interest, dividend, and bonus income", and the applicable proportional tax rate is 20%, so the total amount is 24 billion.

In a blink of an eye, it was three o'clock in the afternoon and Thursday's trading ended, with a net outflow of 1300 billion yuan from the new energy sector.

Although the spontaneous combustion of new energy vehicles was properly handled, the impact was far-reaching and institutions have lowered their expectations.

If nothing unexpected happens during this period, it is expected that the new energy sector will continue to fall in the next 1-3 months, the entire market will also be cold, and the sales target for the third quarter will be difficult to achieve.

At 8 o'clock in the evening, Tianxing Mixed Fund not only updated its net value for the day, but also announced the change of fund manager.

Lu Liang not only resigned from his position as fund manager, but also no longer served as the general manager of the fund company.

The two most important positions were inherited in sequence by the former deputy manager and deputy general manager Zhang Jing.

In the entire company, Lu Liang’s name could not be found in any position. It was as if he had disappeared from the face of the earth.

Once the announcement was released, it caused a huge earthquake in the industry.

"Fuck, why leave at this time instead of earlier or later?"

"Lu Liang is dissatisfied with the new energy sector. Isn't it booming enough these days?"

"Who is Zhang Jing? If there is no Lu Liang, can the 300 billion public offering be successfully issued?"

"It's just a two-day drop of -10.52%. Come back soon Liangzi, we don't blame you!"

The gay community was in an uproar, and the tens of thousands of gay voters who held votes no longer had the high spirits of the previous few days.

In the past two days, new energy funds have generally fallen by 15%, but they have only fallen by two-thirds.

Even if it fell by two-thirds, the net value updated tonight is still 1.372.

For those who did not leave the market halfway, their half-year return reached 37.2%.

Even though there was a redemption wave before, investors who joined later have still received a 10.2% return so far.

Looking at the industry, we are far ahead.

However, now that Lu Liang has announced his departure, will Tianxing Fund still be a clear stream in the market?
Many people are skeptical, and a large number of grassroots investors have posted messages asking for help: "Lu Liang is gone? Should we leave?"

"Leave? Where can we go?"

"Should I buy a five-year 4.39% fixed-term Treasury bond?"

A soul-searching question from a netizen directly ended this help post and made the entire gay forum silent.

They have nowhere to go except government bonds, but government bonds are fixed-term, and early redemption means giving up most of the returns.

4.39% for five years. Once redeemed early, after deducting the handling fee, there will be about 2.26% left. It is better to keep it in Alipay.

As a person, it is better not to be too greedy and don’t forget the original intention of buying the fund.

A good fund is one that can outperform inflation and can be withdrawn immediately when money is urgently needed.

Ultimately, it’s all Lu Liang’s fault. He fed them too much. In the past six months, they achieved a return rate of 52%.

Let them mistake relatively stable funds for stocks, and stocks with the best returns at that.

"Let's go. There's nothing to talk about. Lu Liang has already taken care of it."

"Let's wait and see what happens before making a decision."

When the fund managers lurking in the fund bar saw this situation, they all widened their eyes as if they had seen a ghost.

When did the grassroots people become so easy to talk to? They really want to ask, have these people been controlled by Lu Liang?

"If I could buy other funds, I would have wanted to buy it too." Someone muttered quietly, accidentally revealing the truth.

This market, in the final analysis, still depends on profits, and the premise of CPU is to let them taste the sweetness.

Furthermore, Lu Liang’s Tianxing Fund also has no CPU, and the net value of 1.372 is the best proof.

On the other hand, as the new energy market is so hot this year, the net value of most of their funds is below 1.

Why should people trust a shabby little company that can't even keep its capital? It would be good enough if they don't get into trouble.

Everyone fell silent after hearing this. The income of most fund companies comes from investors' principal.

They don't have the courage to fight in the market, but they still have the courage to take money from investors' pockets, and it's very big.

Friday morning, around eight o'clock.

As per convention, the Tianxing Foundation releases the shares redeemed the previous day between 8:00 and 8:10.

Many people are paying attention, clicking their mice constantly and refreshing the page quickly, waiting for the moment when the shares are released.

The exact amount of funds can be judged by the shares released, and the confidence in the future of Tianxing Fund has been lost. "It's really annoying, a crappy fund, and the whole thing is like grabbing the first launch of Apple."

"Broken fund? Then why are you here?"

"It's not okay to just watch the fun."

The stock bar is especially active in the early morning.

They have been displaced for half their lives and really don't want to watch the stock market every day and let the rise and fall of the stock price affect their mood for the day.

The advantage of funds is that you don’t have to watch the market all the time or operate them. You can just take a look at them every day and know whether you are making a profit or a loss.

Although the saying that some funds do not rise as much as the stock market and some funds fall more than the stock market has always been despised by investors.

But Lu Liang’s fund is different. Even now, it still has a yield of 37.2%.

In the stock market, as long as you don't lose money throughout the year, you have surpassed 95% of people. If you can make a profit of 10%, you will definitely surpass 99% of people.

This time, perhaps it is the last chance to get on the bus.

Tianxing Mixed Fund should be the only evidence of Lu Liang’s existence in the public offering field.

A lean camel is always bigger than a horse. When Lu Liang left private equity and founded public equity, even the powerful investors in private equity did not make a fuss, which shows that he had a backup plan.

This proves that public funds should also have a backup plan.

At 8:07, everyone who was refreshing the page suddenly saw the gray icon light up.

27.52 billion yuan!

Some people are still thinking.

After all, the subscription balance in the tens digits is more than fifty times the total shares released in the past six months.

This shows that there are indeed many people who are not optimistic about Zhang Jing becoming the new manager of Tianxing Fund, and they are resisting it through actions.

Buy high and sell low, applicable to any scenario.

With so many people pessimistic, for a moment they were hesitant as to whether or not they should continue buying.

Different stock markets have relatively low risk in funds, and most people take out 80% of their liquid funds, or even half their life savings.

If Tianxing Mixed Fund chooses to change its leader during a period of market volatility, it will inevitably experience great ups and downs. What if it loses money?
While hesitating, he subconsciously refreshed the page again.

In a few seconds, the share of 27.52 billion yuan was reduced to only 22.49 billion yuan.

Only a small number of people are hesitant, while most people are willing to take a chance.

The worst that can happen is a loss of ten points and you can just run away. For stock investors, it’s just a matter of a limit down.

If you are in the A-share market and don't encounter a few limit downs in a year, you would be embarrassed to say that you are playing the stock market.

At 27.52::, billion shares were sold out in one minute and thirty-two seconds.

As soon as the news came out, the industry fell silent.

After a long time, someone laughed at himself and said, "When a whale falls, everything comes to life? That's a joke!"

They also plan to promote a new fund with a management fee of only 0.8% to catch this wave of wealth and shelter the injured Tianxing investors.

27.52 billion yuan, at a terrifying speed of one minute and thirty-two seconds, hit them hard in the face.

Lu Liang, who remained silent the entire time and didn't say anything, seemed to be mocking him silently: Your uncle is always your uncle.

What level of fund, don't you consider your own weight? Do you also want to take over his traffic?
At the same time, in the dim bedroom, the mobile phone placed on the bedside table vibrated slightly.

It felt like a silkworm was wriggling in the quilt, and suddenly a little head with messy hair popped out from the end of the bed.

Li Manli looked around blankly, "Why... did I end up sleeping here?"

She crawled into bed again. The bed was big enough for her to walk around Lu Liang, from the left to the right.

He took the phone from the bedside, leaned over to Lu Liang's ear, and weakly whispered, "Brother Liang, Brother Liang, your phone is ringing."

Lu Liang hummed, glanced at the caller ID, and answered the phone: "I see, I'll come over later."

Zhang Jing called to inform us that all the tickets worth 27.52 billion yuan were sold out in one minute and seconds.

When the statistics were completed early last night, Lu Liang knew that so many shares would be released, so he told Zhang Jing to let him know when the subscription was over.

After all, public offering is not private offering. Private offering has only dozens of investors, each of whom is a leader in the industry and has the ability to think independently.

But according to their statistics, there are 33.72 individual investors in public funds.

When there are too many people, it is easy to cause chaos, blindly follow others, and especially easy to cause a run on the bank.

Lu Liang was also a little worried. If he failed to achieve the effect of instant sales this morning, more people would apply for redemption today.

Therefore, he instructed Zhang Jing to lock up 500 million shares at the moment of release to create the illusion of being snatched up.

Now it seems that his worries were completely unnecessary, as the 500 million that was subsequently locked up was also snatched up in an instant.

Suddenly, Lu Liang felt an unusual heat in his chest.

When he looked down, he saw Li Manli lying on his chest, sticking out her tongue, breathing softly, her cheeks flushed.

 And ~11 o'clock

  
 
(End of this chapter)

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