The male god of magic capital

Chapter 87 88 Gained nearly 2500 million!
"Wow, the financial god's assets have reached 3000 million."

"In just over four months, from 1 to 3000 million, it is simply a legend."

"Male god, you are my god!"

"I look forward to your funds exceeding [-] million."

"It's too high, the share price of China Resources Double Crane is skyrocketing."

"The share price of China Resources Double Crane may continue to rise to the limit today."

"It must be a daily limit."

"The financial god, your capital has reached 3000 million, waiting for you to set up a private equity fund and a public equity fund."

"The registered capital of a private equity fund is 1000 million, while the capital requirement of a public equity fund is 1 million. My lord, let's register a private equity fund first."

The discussion among retail investors under the post was very enthusiastic.

Luo Cheng felt that when the public offering fund was established that day, these retail fans would invest billions of funds in a short time. Just imagine, if the management fee is 2%, 50 billion funds, and 1 million management fees a year.

Not to mention private equity funds, with an annual management fee of 2%, plus a 20% profit commission, the profits are even richer.

Moreover, private equity funds and public equity funds do not take risks. They just use customers' money to make money. Luo Cheng charges management fees and enjoys profit sharing.

This is a profitable business, and the funds that operate the funds are at their own risk.

Luo Cheng works alone and takes huge risks. After all, the profit of speculation is directly proportional to the risk, and the greater the profit, the higher the risk.

He can't guarantee that he will succeed every time. Private equity funds, public equity funds, and asset management companies are king.

Of course, self-operated trading cannot be left behind. Although he manages assets for huge clients, charges management fees, and enjoys profit commissions, Luo Cheng's own funds will also conduct transactions.

The financial bigwigs in the play club are all private equity funds, public equity funds, and asset management companies.

'E Fund', which ranks first in the country, and 'South Fund', which ranks second in the country, both manage more than 2 trillion yuan in assets, and they can charge tens of billions of yuan in annual management fees.

And the assets controlled by the world's largest giant company BlackRock Group have exceeded 10 trillion US dollars!

10 trillion US dollars, the management fee alone is an astronomical figure.

These giant financial companies also have many top customer resources!
Its influence can be described as terrifying!
Luo Cheng is to build the world's largest financial company, and his ideal is to stand on top of the world.

Excited to think about the future.

"After operating the shares of China Resources Double Crane this time, we have to set up a private equity fund first."

"Then there are public funds."

"This way I can manage a huge amount of funds, and use the country's financial center, Magic City, as a springboard to quickly create my financial group!"

"Then use Xiangjiang, one of the global financial centers, as a springboard to create a financial consortium."

Just when Luo Cheng was looking forward to the future with full expectation, the stock price of China Resources Double Crane turned around and fell.

A big Yinxian appeared.

24.87
24.47
24.14
23.79,

23.47
At 23.00, at the close of trading in the morning, Luo Cheng's account still had a floating profit of 1560 million, and his total assets fell by 3000 million, leaving 2760 million.

It's really annoying!
Had to wait for the afternoon session.

Chen Jin: "Xiao Luo, can the stock price of China Resources Double Crane reach above 30.00?"

Luo Cheng: "I'm not sure about this, but I feel it will."

Chen Jin asked again: "Then when shall we close the position?"

Luo Cheng: "Next week."

Time flew by, and when the market opened in the afternoon, the share price of China Resources Double Crane rose sharply again.

A big positive line was pulled out in the 15-minute trend chart.

23.46
23.97
24.44
24.91
25.00 position, but was sold off again, and the stock price turned around and fell again.

In the 5-minute trend chart, there is a continuous tree root small Yin line.

The stock price fell all the way from 25.00 to 23.00, but it was supported again and slowly rose.

The final stock price closed at 23.70.

Luo Cheng had a floating profit of 1644 million on his books, but his total assets were still less than 3000 million.

"Huhu, wait until next week."

The resistance in the 25.00 area is too strong. I don’t know if the stock price can rush up next week. If not, I will continue to wait.

Luo Cheng was also struggling in his heart. Next week, when the stock price reached 25.00 again, he would close his position and switch to other stocks.

For example, the stocks of Daan Gene Company and Huada Gene Company.

Opening the charts of the two stocks, the two stocks have risen a lot. His high school physics teacher and high school math teacher have already solved the problem.

The Chinese teacher also got out of the trap during the recent surge in the stock price of China Resources Double Crane. When he didn't lose money, he closed his position.

The three of them urged Luo Cheng to set up a private equity fund early in the WeChat group chat.

"Mr. Luo, when will a private equity fund be established?"

"Hey, we just can't make money by operating it ourselves."

"When you set up a private equity fund, I will invest the money in the account into your fund."

Luo Cheng: "Okay, teachers are waiting, I will set up a private equity fund after operating China Resources Double Crane."

Time flies, and it's 4 p.m. on Saturday.

At this time, there was news that the stock price of China Resources Double Crane was good. This company will sign an agency production and sales agreement with an industry giant.

Chen Jin on the side: "Xiao Luo, here comes the good news. We have successfully signed an agency production and sales agreement!"

"The share price is bound to skyrocket next week."

Luo Cheng: "Of course, but it seems that it was deliberately released on Saturday."

"Today, there should be a lot of retail investors selling the shares of China Resources Double Crane at 25.00. The main funds just happened to be eaten up, and then the good news will be released the next day."

"The stock price may break through the 30.00 position next week!"

Speaking of this, Luo Cheng was extremely excited and looking forward to it.

Soon it will be Monday, September 9th.

The stock market opens.

The stock price of China Resources Double Crane skyrocketed.

24.41
25.00 position, and then encountered resistance, there are still strong selling orders here, but there are also a lot of buying orders.

The two sides are fighting here.

"Break through here!"

"Break through here quickly!" Chen Jin stared at the board excitedly: "Xiao Luo, will you break through the 25.00 area today?"

Luo Cheng took a sip of tea: "Yes, just wait patiently."

After the stock price stayed in the 25.00 area for an hour, it continued to skyrocket and broke through the 25.00 resistance area!
25.77
26.77
27.44
28.00, morning trading closes!

Luo Cheng had a floating profit of 2160 on his books.

"Xiao Luo, will it break through the 30.00 position in the afternoon?" Chen Jin looked expectant.

"There should be a chance!" Luo Cheng was also looking forward to it.

It will open in the afternoon soon.

The stock price continues to skyrocket!

28.97
29.44
30.00, continue to rise.

30.44
At 30.81, the daily limit is reached.

It's only 1:[-] in the afternoon, and it's possible to fry the board!

Without further ado, Luo Cheng cleared the warehouse here.

Gained 2497.2 million.

Chen Jin also closed his position excitedly. He gained 732.4 million and his assets exceeded 1200 million. He withdrew all the money and planned to wait for Luo Cheng to set up a private equity fund.

Luo Cheng's updated real offer record posted a screenshot of the assets.

Total assets: 3697.2

The male god of finance in Shanghai: "This time, China Resources Double Crane won nearly 2500 million yuan, and the total assets reached 3600 million yuan. I have already withdrawn."

(End of this chapter)