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Chapter 73 Market Value Management

 Shortly after the closing, Li Xuyao ​​received a call from Boss Ge driver and sent Li Xuyao ​​an account and password.

Li Xuyao ​​was too lazy to go downstairs and told the driver the building and house number. Within a few minutes, someone knocked on the door.

Li Xuyao ​​opened the door and saw the driver standing respectfully at the door, smiling on his face and handing an envelope on his hands.

Open the envelope and extract a password letter from it. The password letter has a string of numbers and four Chinese characters "CITIC zq".

The driver said: "Mr. Li, please reply to Boss Ge and explain to him that the envelope and password letter were intact when you received it."

Li Xuyao ​​said: "Okay, I'll send a message to Boss Ge later. If you have nothing to do, you can go back first."

The driver bowed and turned and left.

Li Xuyao ​​downloaded CITIC ZQ software on his computer, then logged in, and saw that the total assets of the account happened to be 100 million. The two financings have also been opened.

I sent a message to Boss Ge, saying that I received my account and password, and then asked about this financing and how to calculate the principal if I use the financing function.

Boss Ge replied: You have the full decision on the specific operation, and I don’t care about the intermediate process. In the end, I only look at the total assets of the account, the principal is 100 million, and those exceeding 100 million are all considered profits.

Li Xuyao ​​thought, this could be used to leverage, and the maximum operational authority could reach 200 million. When Li Xuyao ​​thought of this, he couldn't help but smile. The more money he could control, the more he could earn.

For myself now, it is "Han Xin ordered the troops, the more the better".

In Li Xuyao's opinion, he also borrowed the power of Boss Ge. To a certain extent, Boss Ge is also his noble person.

Boss Ge is willing to give him 100 million to operate, which can be said to be a bit admirable for Li Xuyao. Even if his ability to make money can be trusted, it does require a lot of courage to spend so much money. Perhaps this is one of the main reasons why he can have a net worth of over 1 billion.

The two accounts that Li Xuyao ​​manages now should try to avoid crashing. It is best not to operate the same ticket. When buying this way, the cost of one account will inevitably be higher than that of the other account, which is not much trouble. The trouble is that when shipping, both accounts may not be able to pay at an ideal price.

This kind of operation is not immoral, and there is no relevant supervision in personal words, but the behavior is similar to the "rat-stopper" in the fund industry.

Due to size reasons, if Li Xuyao ​​put more attention on Boss Ge's account, he would still have a chance to make more money, and the interests of Jiang Mengmeng and several brothers might be damaged a little.

Some foundations in the stock market do something that harms investors, which is to take some individual stocks at a high level or trade at a premium. Why do they still have to buy them even though they know they will lose money?

Because what they lose is not their own money, but the money of investors. These funds charge handling fees, and some share performance. If the benefits can be obtained through some improper transactions are greater, they will not take these share seriously.

Some even manipulate the market through so-called "market value management" and do insider trading.

The background of market value management happens to be 2014. At the beginning of 2014, the stock prices of a large number of large state-owned listed companies fell below their net assets per share. Against this backdrop, the regulatory authorities convened some commercial banks and central enterprises to discuss the feasibility and market demand for market value management using repurchases of common stocks.

In March, ZJH also called on listed companies to pay attention to market value management, hoping that listed companies that are confident and capable of maintaining their company's market value by repurchasing shares when the market is sluggish.

In May, the "Nine National Regulations" were issued, which clearly stated in the section "Improving the Quality of Listed Companies" to "encourage listed companies to establish a market value management system".

Market value management is officially written into the programmatic document for the top-level system design of the capital market. However, with the development of the capital market, "market value management" has gradually become scented.

One of the methods of pseudo-market value management is that fund companies holding listed companies form mergers and acquisition funds together with listed companies, following the trend or blindly speculating on topics, but basically it is fake news. It is just to raise the stock price of listed companies from the news side, and the fund companies conduct speculation and arbitrage during the period. Listed companies and fund companies share their income.

Therefore, those retail investors with "message flow" are most likely to become victims of market value management, and some institutions may even suffer.

Later, this model was exposed by private equity tycoon Ye Fei, pushing a number of listed companies to the forefront. Some small-cap listed companies are the hardest hit areas, after all, small-cap stocks are more convenient to speculate.

In the current market environment, Boss Ge's account can only be used to buy a few tickets. If it is concentrated in one or two, it can easily cause relatively large fluctuations.

It’s not like not being able to play hot money. It’s just that when the market environment is not good, if you can’t attract other funds to follow the trend, you will easily get rid of your own funds.

After the Dragon and Tiger List, Li Xuyao ​​saw that his Everbright Business Department was on the list and sold 25.91 million. Now it is a very common thing to be on the Dragon and Tiger List, and it is easily exposed to the eyes of others.

It is still a bit difficult to keep a low profile now, and I am unwilling to spread the funds into too many tickets.

The positions are too scattered. In the eyes of short-term people, this will only make more risk points, rather than diversified. Players with disconnected lines will hold up to one to three positions.

Li Xuyao ​​plans to manage Boss Ge’s account position. A small part of the funds can be super short as his own account. Most of the funds should be held longer, avoid too frequent operations, defend and attack, and seek victory in a steady manner.

Li Xuyao ​​selected the target stock. Ultra short is Huijin Co., Ltd., a new new stock that has been listed in 2014. It will soon be implemented to get a high bonus and transfer, 10 bonus and 5 bonus and 4. This news is beyond expectations, and perhaps the stock price trend can also give a wave of unexpected performance.

Starting from 9:30 on the 7th, Li Xuyao ​​took Wu Yirong to buy continuously. Until 10:10, the two people completed their positions and the stock price had risen to 7 points. The holding costs of both people were a little higher, around 36.35. This price is 4.15% higher than the opening price, and there is still floating profit during the day.

Two people bought more than 30 million yuan of funds, and the market quickly reacted, and Huijin shares quickly hit the daily limit.

Boss Ge’s account was not available, so he had to wait until later to find a way to intervene slowly. Or simply look for other opportunities.

But soon, Huijin opened the board, and Li Xuyao ​​used Boss Ge's account to receive about 10 million yuan of funds between 8-9%. The stock price hit the daily limit and never opened until the closing.

For the remaining funds, Li Xuyao ​​chose two of them to start building positions one after another, Juyou Network and Youfu Shares. Juyou has already hit the daily limit after buying 20 million yuan.

Yufu performed mediocrely, and Li Xuyao ​​planned to build positions in several days, and might become a ticket that Li Xuyao ​​thought was the mid-line, and might take one or two months.
Chapter completed!
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