The wealthy entrepreneur: I want to support millions of employees!.

Chapter 1052 Pei Jiaqi's Limited Sales Trend on Social Media! Is there any hint at this?
After talking with Xiang Weixin, Su Yang saw the news sent by Yu Chengjun, and then he noticed the news about Jintai Public Fund that the secretary had highlighted.

It turns out that at the end of March, the champion fund "Jintai Technology Innovation Preferred Hybrid" A and C managed by Pei Jiaqi, the star fund manager of Jintai Public Fund, was completely restricted from sale. Now each person can only buy 300 yuan per day!
The news trended on social media a little late, but that's normal!
Jintai Technology Innovation Preferred Selection Mixed A and C, with a total scale of only 19 billion at present.

This is highly unusual for any public fund management company that pursues scale of assets under management!

After all, mutual fund companies still make a profit by collecting management fees!

Moreover, this is not a fund that invests in US stocks, because foreign exchange quotas are subject to restrictions.

Almost everyone had doubts, believing that it was too early to restrict the sale of this fund!

Other fund managers don't have any restrictions on the sale of funds with a size of over 20 billion!

When questioned by reporters, Jintai Fund Management's response was very official.

This means that it was Manager Pei's decision. She felt that she was not capable enough to manage such a large amount of funds, so she limited the size of the funds in order to ensure the returns for investors!

There shouldn't be any major issues with the restricted sale of Jintai Technology Innovation Preferred Hybrid; this is part of the company's plan!

The funds from Gaoxing Retail have also been used to buy in.

What our major clients wanted to buy, we've already bought!

The news went viral, but Jintai Fund and Xinghuo Media didn't do much to help, which may have only slightly influenced public opinion.

The government is currently paying close attention to the financial market, and its popularity has never waned, frequently trending on social media.

In today's public fund market, Pei Jiaqi, as a star fund manager, has received a lot of attention, completely overshadowing the older generation of star fund managers!
Moreover, Jintai Technology Innovation Preferred Hybrid Fund C was last year's champion fund!
They could have expanded rapidly, the company could have earned a lot of management fees, and Pei Jiaqi could have earned a lot of dividends...

However, Jintai Public Fund directly restricted the sale of the fund, which is tantamount to cutting off its own source of revenue!

Jintai Public Fund is not a large company, but a small company with less than 10 billion yuan in assets under management. It can be said that the size of "Jintai Technology" will directly affect the company's revenue!

This move is hard to miss in the financial markets!

The overall tone of the reports was praising Pei Jiaqi and Jintai Public Fund.

The report argues that both Jintai Fund and Pei Jiaqi have abandoned their own interests and are solely considering the returns for investors, demonstrating their genuine responsibility to domestic investors!
Su Yang wasn't surprised by this report; it was simply the official stance.

In a short period of time, the government will issue a clear document to optimize the fee structure for actively managed equity funds and strengthen the alignment of interests between fund companies and investors.

This generally means that if the performance is significantly lower than the benchmark, the management fee rate will be reduced.

For companies that significantly outperform their benchmark performance, the management fee rate will be increased.

Investors who meet the holding period requirements can enjoy the benchmark fee rate...

In other words, even the authorities now believe that the current equity fund acquisition model is problematic and are actively advocating that fund companies optimize their performance, generate returns for investors, and create a favorable investment environment!
Then, Pei Jiaqi was interviewed by a reporter from an official financial media outlet.

In the video, Pei Jiaqi, wearing glasses, is two heads taller than the reporter. She is dressed in an elegant suit, with beautiful features and a graceful and intellectual temperament... Her long legs are also quite eye-catching.

Pei Jiaqi simply recounted the official response from Jintai Public Fund, humbly stating that she is still young and lacks sufficient ability, and did not make any outrageous remarks.

In short, we should trust the domestic economy and the government!
The restriction on the sale of shares by Jintai Technology is entirely for the benefit of investors and has nothing to do with the overseas environment!

Su Yang glanced at the netizens' comments:
"This mutual fund company is truly conscientious; it's a rare gem in the industry, reminding me of Shengxing Fund back in the day!"

"Indeed, this Manager Pei is both conscientious and capable. We can consider supporting their foundation in the future!"

"Manager Pei is indeed more conscientious than those mutual fund managers, and he never makes us fund investors lose money. I have invested heavily in Jintai Technology!"

"I envy those who have heavily invested in Jintai Technology and are now sitting back and doing nothing!"

"I lost money with Jintai Technology, how so?"

"Wow... how did you do that? Jintai Technology's upward curve is so beautiful! It's definitely the most beautiful in China, and the pullback is relatively small. It's even more beautiful than the Nasdaq!"

"At the beginning of this year, I went all in with 500,000 yuan, and then lost money for several days in a row... so I cut my losses and ran away!"

"Weird!"

"You're really something, managing to lose money at Jintai Technology. I advise you to get out of the financial market!"

"Goodness, this guy had restrictions on share sales when he was running a private equity fund, and now he's doing the same with public funds... Does he have a grudge against money?"

"I think Manager Pei may have sensed something... but she's in a position where she doesn't dare to say it!"

"You've noticed something?" "I can't say. Think about when Manager Pei told us to buy at the bottom last time..."

"If you really trust Manager Pei... I advise you to consider reducing your position slightly!"

"Why? I hate you riddle makers!"

"What are you afraid of? You people are just timid and hesitant. A rate cut is a certainty!"

"Why is it restricted from sale? I'm still waiting for Jintai Technology to pull back before buying in at the bottom!"

"I think investing 600 yuan a day for A and C is acceptable, right? That would amount to about 12,000 yuan a month, which is more than enough for me!"

"I can only buy 600 a day, which isn't enough to quench my thirst! I have a million!"

"Haha! Manager Pei is targeting you bunch of rich dogs!"

"Damn it, open the door and let me in!"

"I'm drooling over the screen!"

"I was also following this person's fund and was thinking of transferring my funds there, but I didn't expect there to be a sales restriction!"

"This is my goddess!"

"..."

Seeing these comments made Su Yang feel quite good.

Does the fund's sales restriction imply anything? You could say yes, or you could say no, it all depends on how you interpret it!
As for that mutual fund investor who lost money with Jintai Technology, he really wants to advise that person to leave the financial market... and just keep their money in the bank!
He opened the wealth management app and briefly browsed the comments section of "Jintai Technology".

A group of fans left comments in the comment section, asking Pei Jiaqi to open the door and let them in!

Then there's a whole bunch of fund investors who bought in a long time ago showing off their returns in the comments section. Most of them have invested tens of thousands or hundreds of thousands of yuan!
They all stated that they would absolutely hold onto "Jintai Technology" and not sell it!
However, Su Yang didn't really believe most of their promises.

After briefly recalling the timeline, Su Yang was well aware that Pei Jiaqi's sales restriction would bring her immense prestige, especially after the stock market crash on the 7th!

April 5th, Saturday.

Su Yang sat on a garden bench at Huanhua Villa, chatting with Wu Wenhai on the phone.

"So, you're going to stay over there and deal with Wang Gang?"

"Correct!"

"What did Wang Gang say? Did he agree to the company's proposal?"

"Of course we agreed!" Wu Wenhai said in a low voice. "Yesterday, he came to the office like he was going to his execution. His sick mother accompanied him, and the old lady could barely walk... He even cried after learning about the company's decision to punish him!"

At this point, Wu Wenhai couldn't help but sigh.

Hearing this, Su Yang frowned slightly...

"He said he felt sorry for the company and was very grateful for the company's magnanimity..."

"Ok!"

He doesn't need this person's thanks!
"Still over there?"

"The company gave us two days off!"

"It's Saturday today, are you going out to play? I heard that the scenery at Xueling Mountain is beautiful!"

"No, I'm still at the hotel!"

"You could go for a stroll around town, maybe you'll meet a local girl, then you won't have to worry about your family pressuring you to go on blind dates..."

"I think I'd better go hiking!"

"Hahaha!"

Su Yang couldn't help but laugh!

(End of this chapter)