I stole someone else's ticket to rebirth

Chapter 267 We are doing good deeds for them

"Oh? The price has reached the daily limit?"

Jiang Baichuan was a little surprised.

In essence, the news about Wanliu Capital was just a small matter to him. He was too busy with big things every day, and no one would pay attention to these small matters unless he specifically reminded them.

As for watching the news? I finally got a few days off, so I definitely took some time to rest.

It’s just a company’s daily limit, it’s a trivial matter.

If it weren't for Jiang Banxia, ​​even if Wanliu Capital increased to one trillion, it would barely be worthy of his attention.

He took a closer look and relevant news emerged.

“Has that closed fund been settled?”

Jiang Baichuan asked someone to retrieve the relevant information of the fund, because the profits were all in foreign currency, which needed to be exchanged through a bank.

Foreign exchange is essentially no longer considered money, because any foreign exchange that comes back has already been exchanged for money.

However, foreign exchange is very important in the financial system, especially in order to prevent domestic capital outflow, the country has strict foreign exchange controls.

If you just use it for business, you can basically exchange as much as you want. Now there is enough foreign exchange.

In the past, we have been reluctant to allocate quotas to QDII funds because it is difficult to control at the financial level and some people will take the opportunity to transfer funds.

Wanliu Capital actually made $7.5 billion this time?

This is pure profit, equivalent to adding another $7.5 billion to the country's total wealth.

After this money is converted, it can be printed directly and will not cause inflation.

"It's broken. It seems I gave you too little."

Giving foreign exchange quota is not a problem at all for Jiang Baichuan. As long as Jiang Banxia really wants to use it for financial investment, he would like to give more.

The truth is that domestic institutions have little track record overseas and have always been led by Wall Street in terms of finance.

The U.S. stock market is not a long bull market. It may appear to be a long bull market on the surface, but in fact it may be harvested at any time along the way.

Find a reason to reap the rewards.

You may hold a position for two years and earn thirty or forty points, and suddenly a crisis is created, and the U.S. stock bubble is about to burst, and the stock market falls by thirty or forty points in a short period of time, making it seem that there is no hope of making a profit, and you can only adjust your positions in a panic.

Then...someone pulled it up again.

There are a lot of bargaining games along the way, and no one dares to say that they can persevere to the end.

Wall Street is not specifically targeting domestic funds. It is simply a byproduct when they are reaping the benefits of their own people.

"Jiang Banxia is amazing..."

After taking a look at the data, Jiang Baichuan found that Jiang Banxia had a very detailed control over the overall market situation. He started to enter the market and go long in May last year, and then went short again in early February this year.

The reason why we can be so free is that we don’t have much capital. If the scale was tens of billions of dollars, it would not be possible to do so.

"They are eight hundred times better than those idiots in China! They clearly made money some time ago, but they kept buying as the price went up... Now they are forcing their own costs to the extreme!"

"If you don't take it when you make money, when will you take it? Do you have to run away only when you lose money?"

Jiang Baichuan sighed.

Strictly speaking, it's not their fault.

It’s simply that... when making money, there is a lot of capital and investors only buy stocks that are rising.

As a result, they are unable to reduce their positions during the rising phase and have to increase their positions.

After losing money, investors began to redeem their stocks. They had no choice but to reduce their positions, which aggravated the decline in the market and was equivalent to shooting themselves in the foot.

The more the market crashes, the more panicked the investors become, and a vicious cycle is created.

In order to earn as much management fees as possible, fund managers will certainly not hold too many short positions. After all, if the positions increase, the management fees can be higher.

"It's just stupid! They don't know how to reduce their positions. Reducing positions is equivalent to reducing risks..."

“If you can’t predict the risks, what’s the point of being a fund manager!”

"For that little bit of management fee, they treat the investors' capital as nothing!"

"Jiang Banxia is still the best..."

At this time, he had already seen the data speculation about Wanliu Capital's profit on the Internet.

He has more detailed data.

423 billion!
In just one year, Wanliu Capital made so much money with just a few transactions.

"She is pregnant and she controlled Li Yang remotely to do this. If she did it herself...hiss..."

He decided to call Jiang Banxia again.

I left my business card for Jiang Banxia, ​​but Jiang Banxia never called me. Instead, Li Yang called me once and asked for a QDII fund quota.

Jiang Baichuan didn't feel dissatisfied at all. It was normal for someone like Jiang Banxia to be a little arrogant.

After the call was connected, he said with a smile: "Student Jiang, long time no see. If you are free, you can come to my place for dinner and we can chat."

"I don't have anything to do today. I just saw the performance of Wanliu Capital and came to congratulate you."

"Is it Li Yang's work? I understand... You two can come over together, I'll treat you to a meal. But don't let Li Yang start talking, it gives me a headache when he starts talking..."

"Okay, okay. I've seen several new fund products that Wanliu Capital has applied for. I'll help you review and approve them as soon as possible."

……

After hanging up the phone, Jiang Baichuan was in a good mood.

Jiang Banxia is sensible. Not only does she speak in a sweet voice, but she is also very polite.

Unlike Li Yang, who always threatens this and that, and occasionally stands on the moral high ground to criticize others.

If he deals with guys like Li Yang too much, he will have a cerebral hemorrhage sooner or later.

He took another look at the Wanliu Capital stock market, which was tightly locked.

It was at this time that he realized a problem.

“You bought too little!”

Now that Jiang Banxia has given birth to a child, Wanliu Capital is going to launch four new fund products. I am afraid that the amount of funds that want to be subscribed will be tens of billions.

Over the past few years, Wanliu Capital has proven time and again that they will never lose money.

In this case...Wouldn't the performance of Wanliu Capital in the second half of the year be...

The first half of the year was already explosive, and with another explosive second half of the year, what will next year be like?
In the short term, Wanliu Capital will definitely not delist, and its market value will probably be heading towards 600 billion.

"Damn! Li Yang wanted to give me 20% of the shares."

"Why didn't you ask for it?"

"No, no, I have to call that guy and ask him. This is not 1 billion or 8 billion, nor is it 8 billion or 10 billion. If we take it down, the profit will be hundreds of billions."

So he called Li Yang again.

"Haha, good afternoon, classmate Li Yang..."

Then, he heard Li Yang's annoying voice: "Why are you so polite?"

Jiang Baichuan: "..."

After thinking about it, I decided that I couldn't go against money.

So he said kindly: "Li Yang, do the things you said before still count? I want to get another 15% of Wanliu Capital's shares."

The reason why he looked for Li Yang was because Jiang Banxia only listened to Li Yang.

Once we have dealt with Li Yang, everything else will be easy.

He certainly wouldn't buy it at the current price, as that would be pure profiteering and he isn't that shameless.

As long as Li Yang's conditions were not excessive, he could definitely agree.

After all, this is an opportunity for Jiang Banxia to sell off a large amount of shares, and ordinary people don't have this treatment.

"Okay, but you have to wait another two months. I feel that Wanliu Capital is going to hit a trillion market value this time. If you are willing to pay the price in advance, you can trade now."

"Can you please speak properly? You start talking about trillions and trillions. I think it's more reliable to say 600 billion or 700 billion. Why is your mouth so annoying?"

Jiang Baichuan really couldn't help it. He usually never found fault with others.

I was really angry at Li Yang's arrogant words.

It is not so easy to get a trillion. Even if it goes up in the short term, it will definitely fall down.

Wanliu Capital has so much capital that it is difficult to increase its share capital. In addition, the capital was dispersed in the early stage, so it is quite difficult for other institutions and large funds to operate.

Even if the performance doubles and Wanliu Capital earns 80 billion yuan a year, its market value will hardly exceed 1 trillion yuan.

The Big Four banks earn 150 to 160 billion yuan a year, but their market capitalization is just over 1 trillion yuan.

Li Yang said indifferently, "If you don't believe me, forget it. My wife said that this year we plan to distribute more than 50 billion yuan in dividends to the shareholders of Wanliu Capital, and we will increase the amount every year. From what I know about her, if we distribute 50 billion yuan this year, we will definitely distribute 80 billion yuan next year, and 100 billion yuan the year after... Isn't such a company worth 1 trillion yuan? You think it's expensive, but I think it's cheap."

"Ah? It's what Jiang said, not what you said."

Jiang Baichuan suddenly felt that this was not so crazy after all.

Wanliu Capital has already made nearly 50 billion this year. Jiang Banxia's conservative statement is enough to show that she has confidence in the future. Think about it, if you can make tens of billions just by having a child, then if you devote yourself to work in the future, making hundreds of billions won't be like playing, right?
One trillion valuation? Cheap! The cheapest!

Li Yang asked, "One trillion, do you want it? 15% of the shares is only billion, which is a small amount of money for you."

"You have a lot of money. One hundred and fifty billion is a small amount... I can take it, but one trillion is still a bit high. People often give 20% or 90% discounts for large transactions. My business is at least hundreds of billions. It's not too much to give 40% or 70% discounts, right? Besides, the market value of Wanliu Capital hasn't risen yet. Who knows, it might be delisted tomorrow?"

"Wait a minute then?"

"..."

All rivers are not created equal.

He has a lot of money but can't spend it.

Especially social security pension funds must find investment channels to ensure stable returns in the future.

If I don’t invest this year, do I have to wait until next year?
Wanliu Capital is now visibly strong, and if you enter the market early, you can not only enjoy the stock premium, but also enjoy high dividends in advance.

Jiang Baichuan doesn’t dare to say that other stocks are stable.

But Willow Capital...

There is really no one more suitable than Wanliu Capital.

The market value is about to rise, there is enough room and space to accommodate enough funds.

It’s not that those funds don’t want to buy shares of the Big Four banks, but there is simply too much money pouring into them, and they already bought shares a long time ago and can’t buy any more.

Just look at the top ten circulating shares of the Big Four banks and you can see that it’s all their funds.

He said helplessly: "One hundred and fifty billion is really too much..."

Li Yang quickly came up with a compromise, "How about this, you take it from the secondary market first, and when you have taken about 5%, you can take 10% from Jiang Banxia. Anyway, judging from the situation, it will only take the next one or two months, so you are not in a hurry for such a short time, right?"

"No rush... But there aren't many shares in circulation in Wanliu Capital. If I take a 5% stake, I'm afraid the stock price will skyrocket."

"No, I guarantee that the market value will not exceed one trillion, provided that you are sincere in taking it."

"I will think about it……"

It's impossible for Jiang Baichuan to make up his mind so quickly.

After he hung up the phone, he called Jiang Banxia again.

Li Yang is unreliable, while Jiang Banxia is more trustworthy.

"Mr. Jiang, I heard from Li Yang that Wanliu Capital is planning to pay high dividends in the future? He also said that he plans to pay 50 billion in dividends this year, and the target for next year is 80 billion?"

Jiang Banxia on the other end of the phone was also surprised, "Ah? Master Li said that? Yes, that's right..."

Jiang Banxia believed what Li Yang said, although she thought the plan was a bit outrageous.

Jiang Baichuan felt relieved when he heard Jiang Banxia's serious words.

Such an honest girl would definitely not say anything nonsense.

Just do as Li Yang said!

Didn't Li Yang just want them to help carry the sedan chair? As long as they could get high dividends, they were willing to carry the sedan chair.

In order to show his sincerity, he had someone put up 2 billion today.

Although I definitely can’t buy it.

……

On May 5, Wanliu Capital’s stock price was quickly closed, and the funds on the board once accumulated to 6 billion yuan.

On May 5, Wanliu Capital directly hit the top, with a transaction volume of only 7, and the closing funds once exceeded billion.

There has never been a stock with a market value of hundreds of billions that traded for hundreds of thousands after closing at the upper limit.

The transaction volume is at least hundreds of millions. No matter how much it shrinks, it will not be like this.

Because...some institutions will transfer chips.

For example, if a certain stock encounters a huge favorable news, even a fool would know that it will continue to rise.

But for some institutions, there is not much benefit in a continuous limit, and they might as well sell their holdings to others quietly.

So, they wait for others to place an order. As long as the other party’s order is placed at the front and can take over the released chips, they will sell them.

Therefore, even though it is obviously a super favorable news and it is only the second board, there will be a large number of transactions, and then there will be seven or eight consecutive boards.

The most typical example is China Electronics Testing. After Chengfei's backdoor listing was confirmed long ago, the first board trading at the end of the holiday had a total transaction volume of more than 60 million.

That was a huge profit of 137 points a day. At that time, the market value of China Electronics Test was only 20 billion. Could it be that such a large company as Chengfei, the manufacturer of top-level weapons such as J, was not worth this much money? It was reasonable for it to increase tenfold.

Then, more than 60 million yuan of funds ran away directly on the first board.

It was the peak that day, and at the beginning the transaction volume was only over 2 million.

Wanliu Capital is different. They have no chance to exchange interests because no institution holds shares in Wanliu Capital.

This day is also Jiang Banxia and Li Yang’s last chance to attend the charity auction, as the places will be confirmed tonight.

The last time was at 4 o'clock in the evening on April 30th, and the news had not yet spread.

Starting at 8 o'clock, new regulations regarding auctions were given.

This time, the users who first choose the first six will lock in their places. If none of the first six are locked in, they will be ranked next in order.

It's just like being admitted with a lower score in the college entrance examination.

Almost from the moment it started, the price started to rise continuously.

Someone realizes that this meal is great value!
This is not a joke!
Many people who have experienced the first auction are now regretting it. They could have secured a spot with more than 2 million yuan, so why was it treated as a joke?
They can easily come up with more than two million.

It was totally worth spending more than two million to have a meal with Li Yang and Jiang Banxia.

Judging from the current trend of Wanliu Capital, in two days at most, Jiang Banxia will become the richest man in the country, and his net worth is expected to exceed 300 billion.

If the stock price could keep rising for a few more days, Jiang Banxia might become the richest man in the world.

Last year, the world's richest man was worth only over 600 billion. This year, global financial markets are shrinking, so it is impossible for the other party's net worth to be higher than last year.

Only Wanliu Capital went against the trend.

It is also reported that several fund products of Wanliu Capital are going through the process. Once implemented, no one knows how much money will be poured in.

If hundreds of billions of yuan pour in, the net profit from subscription fees, management fees, and handling fees alone will be more than 10 billion yuan in a year.

Willow Capital has ushered in an era of making money without doing anything...

Jiang Banxia’s halo was further magnified, giving this charity dinner a different value.

Li Yang had already contacted Liu Ruyi in advance and reserved a table.

The bidding continued, but this time it was not as exaggerated as before, with some people bidding hundreds of millions or even billions of yuan right away.

Instead, it increased little by little from two to three million.

After all, once you make a bid, you can't lower it. If the bid is too outrageous and obviously unaffordable, it is equivalent to completely giving up this opportunity.

After the price broke through eight million, someone realized that he had no chance, so he gave up and offered a high price of ten billion.

The outside world is also paying close attention to this matter, and some people are reporting it in real time.

Even if some people start bidding randomly, it does not interrupt the mentality of those who really want to bid.

They take one step at a time, steadily and carefully.

Everyone wants to get a spot at the lowest price. If you work a little harder, you can save hundreds of thousands or even millions.

The price of the head is getting more and more outrageous, tens of billions, hundreds of billions...

But the bids in the tens of millions were the most numerous, with as many as fifty or sixty people bidding closely.

The quotation rankings are constantly changing, and the app thoughtfully displays the top 500 lists in real time.

The deadline is half past eight...

After 8:25, the prices became noticeably more aggressive.

Those in the central region who made offers between 20 million and 30 million realized that they could not widen the gap and began to increase their bids.

In the blink of an eye, millions are added.

Among those people in the central region, when someone offered a price exceeding 100 million, it was like opening a Pandora's box.

They know clearly who is offering genuine bids and who is causing trouble.

Those with more than 300 million are all troublemakers. There are also troublemakers within 300 million, but if they want a spot, they can only treat those people as real competitors.

All I can say is that Li Yang is too ruthless. He simply doesn't allow troublemakers to exist, which makes bidding easier.

With those troublemakers around, they will never know who is ranked fourth, and can only push their psychological bottom line further.

The bidding officially ended at 8:30.

……

Jiang Banxia glanced at Li Yang beside him and whispered, "Are we going too far?"

"What are you talking about! We are doing this for charity, to accumulate virtue and do good for them, they should thank us!"

(End of this chapter)