The wealthy entrepreneur: I want to support millions of employees!.
Chapter 1079 Pei Jiaqi's outstanding fundraising skills! Trending again!
Chapter 1079 Pei Jiaqi's outstanding fundraising skills! Trending again!
Although they allocate more of their assets to more stable financial products such as fixed income and bonds, they can still set aside a small amount to buy mutual funds.
However, these banks and trust institutions only need a very small amount of funds to satisfy Jintai Public Fund's current needs.
In addition, Su Yang has not yet finished contacting all the clients that Jintai Public Fund has asked him to contact, and the funds have not yet been deposited.
"How are the results?" Su Yang asked casually, "Looking at this year's results!"
"This should be the strongest actively managed fund in terms of fundraising this year. In the past five months, no actively managed fund has raised more than 20 billion yuan!" Luo Junqing's voice on the phone was filled with excitement. "Now, fund investors are still not very willing to trust fund managers... but Manager Pei is an exception. Whether it's institutions, major corporate clients, or ordinary fund investors, they all trust her very much, especially after Jintai Technology's share sale restrictions and its return to the top of the public fund performance rankings!"
Is there a chance of raising four billion?
"It's incredibly difficult. Even at the peak of a bull market, this kind of result is rare!" Luo Junqing said in a low voice. "Many familiar institutions and major clients had already subscribed on the first day, and we also bought ten million ourselves... Six hundred million on the first day should be the limit; there definitely won't be that much in the future!"
Su Yang asked softly, "Are there any publicity plans?"
"It's all arranged!" Luo Junqing said hurriedly. "This afternoon we will announce that the high-end manufacturing sector has raised over 6 million yuan on its first day, which is the strongest performance in China this year!"
He tried using business simulation, but it still didn't reach four billion.
“You’ve done a good job!” Su Yang said after thinking for a moment. “In that case, we can consider telling the public that this fund will most likely be subject to a sales restriction after its lock-up period!”
"Uh...do we really have to do this?"
“Yes!” Su Yang said seriously, “Forty billion is enough for an actively managed fund… Of course, this is just my suggestion. You can ask Manager Pei what she thinks. If she thinks so too, then it’s settled!”
He didn't mention that tech stocks would surge in the next three months, and that this fund would at least double in value!
If the 4 billion yuan remains unchanged, even if the performance is not as good as Jintai Technology, the capital scale may still exceed 10 billion yuan, which is already quite a lot!
He couldn't give up the opportunity to develop the company during the bull market, but he also wanted to maintain Pei Jiaqi's reputation and ensure her returns... after all, she could still launch new funds!
"I understand!"
Luo Junqing understood what his boss meant.
Su Yang tried another business simulation, and it might still be a little short of reaching 4 billion. However, in order to boost Pei Jiaqi's reputation, he could use his own money to make up for it and make Pei Jiaqi's fame even greater!
Jintai Public Fund is about to show its strength!
In the afternoon, Jintai Fund and Pei Jiaqi indeed became trending topics on financial news—"Jintai Fund's new fund raised over 6 million yuan on its first day of sale, setting a new record for this year; the public fund market remains active!"
Su Yang glanced at the report. Because it was an official media outlet, the report emphasized the signs of a warming up in the domestic public fund market. It also praised Pei Jiaqi's business capabilities, the exaggerated annual return of "Jintai Technology" that she had managed since taking office, and her serious and responsible attitude towards investors, such as starting to limit fund purchases when the fund was only 20 billion yuan!
Finally, the report also stated that they received information from Jintai Public Fund and Pei Jiaqi that if the fund's return during the lock-up period is high enough, "Jintai High-end Manufacturing" will likely be subject to direct sales restrictions after the lock-up period expires in order to ensure investor returns!
After this report was published, many fund investors who had noticed the news posted comments:
"Does anyone still trust these mutual funds? Haven't we learned our lesson yet?"
"Manager Pei is different!"
"The greatest heroes are those who take over the A-share market!"
"Interested? This is a fishing game! We're waiting for you to come and take the bait!"
"This woman loves to restrict sales; we can't even buy Jintai Technology anymore!"
"Over 600 million on the first day! There are still plenty of rich people in the world! Who says the economy is bad right now?"
"This is forcing us to buy Jintai's high-end manufacturing! It's a blatant conspiracy!"
"The stock market is a barometer of the economy; investing in the stock market now is just taking over someone else's losses!"
"..."
Is the stock market a barometer of the economy?
Su Yang smiled and then looked at the comment sections of other platforms, including Xueqiu.
These comment sections are much more professional, without as many bored onlookers!
"This woman is quite capable; she's number one in sales again this year, even if it's only temporary, it's still quite impressive!"
"I'll sell some stocks and subscribe to her fund... otherwise it'll probably be harder to buy later!" "If it were any other fund manager saying there would be a sales restriction, I'd mostly not believe it, but I do somewhat believe Manager Pei. This woman really dares not to sell, and the mutual fund company dares to agree!!"
"Among the star fund managers in the public fund industry, she is the most responsible, but also the most willful. Many so-called star fund managers do not impose purchase restrictions on funds with a size of more than 20 billion yuan, just waiting for fund investors to buy at high prices!"
"She's also the prettiest and has the longest legs!"
"You're feeling too repressed, bro!"
"If you have no woman in your heart, you'll naturally be a stock market genius!"
"Women are stumbling blocks on our path to financial freedom!"
"Manager Pei, no!"
"Manager Pei is now the vice president of Jintai Fund Management Co., Ltd., and she's a pillar of the company. If she acts a little willfully, the company probably can't handle it!"
"A vice president in his twenties with an annual salary of a million...tsk tsk! That's really daring!"
“I have a brother who has a master’s degree in finance from Shanghai University, and he has already submitted his resume to Jintai Fund Management Co., Ltd., because he heard that the company has been developing very rapidly recently, likes young people, and is willing to offer relatively high salaries!”
"Did you make it?"
"I was rejected!"
"Manager Pei is very capable. Her previous private equity fund had incredibly high returns, so it's a bit of a waste for her to work in public funds!"
"Yes, I've heard about it too. It's outrageous. People who bought into that private equity fund must have made a fortune!"
"Unfortunately, we're not eligible to buy!"
"I regret not being able to buy Jintai Technology last time, now that I can't buy it. This time I'll support her a bit and buy 50,000 worth to try!"
"I'll buy some too!"
"..."
Looking at the comments section of the wealth management software, investors who couldn't buy Jintai Technology were crying and lamenting, while many others turned to subscribing to Jintai High-end Manufacturing.
We've also learned that Manager Pei raised over 600 million on the first day, and many people know that the fund may have purchase restrictions after the lock-up period ends!
The comments section is also quite active!
"I usually like to subscribe to new funds, since they're locked up for three months, but considering that the fund might also have purchase restrictions... I'll still buy it!"
"That woman is wicked!"
"So what if it's bad? Just buy it! If not hers... whose will I buy?"
"Yeah! Look at the big shots showing off their profits in the comments section. Sister Li, whom I follow, put millions in and left it lying around, and she's already made a fortune. I'm so envious I'm drooling!"
"I saw it too... There was something even more outrageous a few days ago, someone bought in for ten million, and now it's almost thirty million..."
"I don't care anymore, I'm going to lie down in it too!"
"Okay, I'll take a gamble too!"
"..."
Su Yang looked through the list and quickly found the account where Chen Li was showing her earnings!
Her return of over 60% on several million yuan this year is truly astonishing, far surpassing that of most mutual fund investors!
Many investors left comments saying their eyes were red.
Several investors who jumped ship from Jintai Technology midway through the investment were crying and shouting that they should not have done so and regretted not holding on firmly!
(End of this chapter)
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