The wealthy entrepreneur: I want to support millions of employees!.
Chapter 977: Top-Performing Public Fund, Yet the Genius Fund Manager Sheds Tears on the Spot!
Chapter 977: Top-Performing Public Fund, Yet the Genius Fund Manager Sheds Tears on the Spot!
Jintai Fund immediately activated its emergency plan and reported the sharp drop in fund size to its superiors in accordance with regulations.
Then, Jintai Public Fund and Pei Jiaqi used their public accounts to urge investors who bought "Jintai Technology Innovation Preferred Hybrid C" to invest rationally and hold for the long term, and to trust Pei Jiaqi's abilities!
Jintai Fund employees began working overtime urgently, returning to their respective posts...
After all, this is no small matter. Some small public funds may go bankrupt if they encounter a run on their funds!
Jintai Public Fund is considered good; they had already prepared contingency plans!
"How could it have plummeted so much?"
Yu Chengjun also felt that things had taken an unexpected turn.
"It's alright!" Su Yang was now embarrassed to laugh, and he explained briefly, "You've never seen a mutual fund get 90% redeemed in such a short time!"
Yu Chengjun exclaimed in surprise, "Is that so?"
Luo Junqing nodded beside him: "Yes, but that fund isn't very big, and its returns aren't as high as ours, though it's mostly institutional investors leading the redemptions..."
"Oh!"
Yu Chengjun nodded; she had learned something new!
Luo Junqing sighed, "Jintai Technology's stock price has risen too high. In addition, the three-month lock-up period caused a lot of resentment among institutions and fund investors. As soon as the lock-up period opened, institutions and some fund investors redeemed their shares together... Plus, the stock market is also correcting, so the problem is getting more and more serious!"
That evening, Pei Jiaqi also went live on the Jintai public fund account of the wealth management software, hoping that fund investors would continue to hold their shares for the long term and have faith in her abilities.
Because of her high level of attention, the number of viewers in her live stream quickly exceeded 10,000 and continued to rise!
However, fund investors weren't very receptive to her appeal:
"Manager Pei, I believe in your abilities, so I've cut the price in half!"
"I intended to hold it long-term, but I just couldn't resist! It's grown so tall!"
"If it keeps falling, I'll buy in if it drops another ten points, and I'll consider going all in if it drops twenty points!"
"Take the money and be safe! Take the money and be safe!"
"Things have been falling lately, I think it's better to clear out my positions first. Sorry, Manager Pei!"
"I sold all my shares on the first day it opened, thus avoiding a sharp drop of several percentage points. I think that was a brilliant move!"
"Manager Pei, please rest assured, I've already started building up the inventory, buying up one floor!"
"Manager Pei, I haven't sold it yet, but I believe in your abilities!"
"..."
The dense barrage of comments made Pei Jiaqi feel increasingly wronged!
She asked herself, and she felt she had done more than enough for these clients!
Before the stock market took off, she would give these people psychological support.
When the market crashed in October, she also advised them not to sell at a loss if they hadn't already sold, and to have faith in the future market trend.
She also consulted Su Yang and pointed them in the direction of banking and innovative drugs... If all else fails, they can buy stocks on the ChiNext board, which will still outperform 80% of people!
Jintai Technology's returns exceeded 100% a few days ago, and she also brought double the returns to these clients.
In this regard, I'm definitely more indebted to the boss for guidance!
But she and the boss are one, and everyone in the company is helping the client make money... Now the profits have doubled, and they've even become the number one company in China for the whole year... Is it because they haven't done a good enough job?
What exactly constitutes a good result?
Gradually, she began to feel her vision blurring.
After all, Pei Jiaqi is only twenty-five years old!
The problems she encountered at Jintai Technology were different from those at Yuanshi Fortune No. 1!
Yuanshi Private Equity has also experienced a significant number of client redemptions, but the main funds are very stable, and the fund size will only increase... We have never encountered such a run on the bank before!
"Why is Manager Pei crying?"
"Manager Pei, don't cry!"
"Don't cry! Don't cry! It breaks my heart to see you cry!"
"Ah ah ah..."
"Don't cry, I'll buy it back, okay?"
"..." In an instant, the live stream chat became even more densely packed with comments!
At Shenzhen Bay No. 1, seeing Pei Jiaqi burst into tears, Su Yang couldn't help but gasp!
"Manager Pei...you're so pitiful!"
Even Yu Chengjun couldn't help but side with Pei Jiaqi!
She was a little jealous of Pei Jiaqi, this financial genius... but at this moment she couldn't help but sympathize with her and feel wronged for her!
I've satisfied all my customers, but my own sales have plummeted. Who can I complain to?
If she had Pei Jiaqi's abilities, she would definitely continue working in private equity.
Not only do they offer high earnings and generous dividends, but they're also incredibly hassle-free!
Next, Pei Jiaqi wiped away her tears. Even though she was in a bad mood, she still apologized to the viewers in the live stream very politely, and then abruptly ended the broadcast.
The host could only apologize to the audience and end the live broadcast!
Su Yang got up, grabbed his coat, and prepared to leave: "I'll go to the company to see Pei Jiaqi!"
Yu Chengjun asked curiously, "Are you sure you're just looking?"
"What else could it be?"
"hehe!"
Yu Chengjun didn't stop Su Yang either; she also felt that Pei Jiaqi might need Su Yang now!
After Pei Jiaqi finished her live stream, she wiped away her tears, apologized to her colleagues, and continued to work hard. As soon as she returned to her office, she saw Su Yang sitting at her desk!
"boss!"
She closed the door behind her and called out, sounding somewhat aggrieved.
"You're in a bad mood!"
Su Yang stood up and gently pinched her nose, then pulled Pei Jiaqi into a tight embrace!
"Ok!"
Holding Su Yang tightly, feeling the warmth of his embrace and his familiar scent, she could no longer hold back her tears, which burst forth like a broken dam!
Only in Su Yang's arms could she cry without restraint.
Outside the office, in front of her colleagues, superiors, investors, and clients... she still tried her best to restrain herself!
Only with Su Yang could she let down her guard and remove all her masks, like a little girl!
Half an hour later, Pei Jiaqi finished crying and slowly got up from Su Yang.
Looking at Su Yang lying on the sofa, there were obvious water stains on his white coat.
She felt a little embarrassed again.
Su Yang tugged at his clothes and complained, "I didn't expect you to be so wet up there!"
"You...I'll bite you to death!"
Embarrassed and annoyed, Pei Jiaqi bit Su Yang's wrist hard.
This guy, despite his seemingly upright and serious appearance, and sometimes even his domineering CEO demeanor, is a thousand times better than the domineering CEOs portrayed in TV dramas... But only those who have actually gotten to know him know that this guy is absolutely wicked, wicked to the point of being rotten, and extremely vulgar and shameless!
He would often say something out of the blue that drove her absolutely crazy!
However, Su Yang didn't say anything, he just smiled and patted her head!
Slowly, Pei Jiaqi let go of her mouth!
"...Did I bite you too hard?"
"no!"
Pei Jiaqi lifted Su Yang's sleeve and saw the bluish-purple teeth marks inside.
She knew how hard she had used just now. Luckily, Su Yang was wearing thick clothes, after all, it was winter and he was wearing thermal underwear!
Filled with guilt and heartache, she gently rubbed Su Yang's gums on his wrist, but said, "It's all your fault, why did you say those things!"
The next day, unsurprisingly, Pei Jiaqi once again topped the trending searches on several platforms:
"Tragic Revenge on a Fund Investor—The Most Tragic and Talented Public Fund Champion Manager in History!"
"Top-performing mutual fund manager breaks down in tears!"
Winning in performance! Losing in size! Last year's top-performing fund saw its size plummet by nearly 50% in a short period!
(End of this chapter)
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