On Li Yuan's side, the fund's position has been filled.

The total is only 5.4 billion, and at the closing stage, it can only enter around 530 million at most.

It has exceeded the standard before, and it took eighty or ninety million to sell it to fall within a reasonable range.

However, as the stock price approached the fall limit, he had more capital positions in his hands.

Because the position lost 100 million, it can add 120 million to the down limit.

If the stock price rises, it is not a violation to cause the capital ratio to exceed 9.98%, as long as the buying stage is not exceeded.

If Li Yuan wants to operate, he must smash the stock price down.

It was at this time that he suddenly realized a problem.

I didn't operate it myself, so I don't know much about the position, and the trader is not a bad pen!

They don't have any idea about the stocks they are responsible for? Don't even know what the limit buy-in is?

I exceeded the limit, and I didn't even remind myself of it.

Even if you're not looking for a great character, you should know the most basic common sense.

"Small orders are connected to Lianying Technology at the down limit, and no chips above this price are allowed!"

The other party lost so many chips today, and they all fell and stopped and couldn't hold back their hands, which is enough to show that the other party is a very powerful character, and his large single entry will not have an effect, so it is better to take the chips slowly with a small order.

If one side is targeting itself, then it's okay to say that each other won't have too many chips, and today has reached the limit.

What I am most afraid of is that several alliances want to eat hundreds of millions of themselves.

Today's 2.9 billion is only about 1.6 billion, and there are still 1.3 billion.

Lianying Technology is in a very bad situation today, and he must make his net worth look better.

The remaining 1.3 billion can only go to get some risky tickets.

Otherwise, there will be no place to make up for the loss of 100 million yuan on Lianying Technology.

Slowly, I finally got through to the end.

Li Yuan didn't even look at the trading results, and went home directly.

At twelve o'clock in the evening, the net worth of the day was updated.

1.0879（+3.4%）

The net worth is positive, but the dilemma is still there.

And he saw the situation of the securities borrowing and lending quota.

The amount of securities borrowing and lending of more than 500 million has now become zero.

This is simply not something that one person or one force can do.

Some people specifically chose Lianying Technology because Lianying Technology has a high upper limit, a low lower limit, and a market value that is not low.

With a market value of 20 billion, if you really want to pit it, you can pit yourself into a billion.

Cutting meat and running? That's not his character.

Since you're here, make a good profit!

He sent a message to Yu Yue, asking Yu Yue to call and ask the brokerage, and asked the brokerage to check who had seen his account.

Although he thinks that it is unlikely that the brokerage will do such a thing, he still has to rule it out.

There are not many people on the brokerage side who have the permission to check the account at will, and they will leave a record every time, so it is not difficult to find out about this matter.

Although he has no direct evidence, as long as someone sees it, there are suspicions.

Soon the phone was fed back, and many high-level executives on the brokerage side looked at it, after all, Li Yuan chose a small brokerage, and it happened that Qingtian Capital had a little too much money in the past two days.

However, they only looked at the funds, and did not check the specific positions, which is recorded.

Li Yuan already has a bottom in his heart.

Brokerages really don't dare to do this kind of thing, once something happens, small brokerages can't afford to take the blame.

Moreover, the supervision of the brokerage is very strict, and illegal securities lending is basically the limit, and if they dare to involve insider trading, they can not only be punished for bankruptcy, but if the amount involved is relatively large, many people will be implicated.

Wednesday.

Lianying Technology opened three points lower, and on this day, Qingtian Capital increased its subscription funds by 300 million again.

At the same time, the subscription limit.

Many people who want to buy the DynaSky Mix Small and Mid Cap have discovered this situation.

"Damn, what do you mean? How can I limit my subscription? 50,000 yuan for one person? What a piece of! ”

"Isn't it going to be floating? You don't want to send you money? ”

"You're so awesome, why don't you go to private equity? It's not that you don't have the ability to do private placement, operate small funds to earn some popularity, and then easily cut leeks? Rich people are not so stupid and will not give money easily. ”

"Now it is basically certain that Li Yuan is doing the opponent's market, the net value can be five points on the first day, and the net value is only a pitiful three points on the second day, maybe there is only one point left today. I advise everyone to redeem it quickly, people have already designed it, subscription fees, management fees, and now withdraw, with a 1.5% redemption default fee, and a profit of nine points in two days, you have to give up more than half. ”

"This is not bad, if it is a few days later, I don't know what it will fall into, and then with high redemption fees, I will definitely lose money!"

Under Li Yuan's video, a group of rhythmic speeches began to appear.

Although some people are refuting it, they can't suppress the continued spread of this voice no matter what.

Some people were really affected and started to redeem the fund.

Yu Yue knew about the large redemption for the first time, and some people occasionally redeemed it a few days ago, but it didn't add up to more than one million, maybe something happened.

But today, in less than two hours, there are more than 60 million redemption applications.

At half past eleven, after Li Yuan came out of the trading room, Yu Yue told him about it.

"It's only 60 million redemptions, right?"

Li Yuan asked.

"Boss, 60 million is a lot, these people have to leave with the redemption fee, I'm afraid they won't come again in the future...... There's too much rhythm now, or boss, you closed the comment area of that account, right? ”

There are too many comments to delete them.

Besides, it is better to delete the comments than to close the comment area directly, so as not to let someone continue to delete the rhythm of the comment.

Na Cheng thought, Li Yuan didn't care at all, and said: "Since they are willing to listen to other people's words, let them go." By the way, control the news, if someone asks, it will say that the redemption is more than 600 million. ”

"Huh?"

Li Yuan smiled and didn't say anything more.

It's hard to be a company because no one knows if you're going to be betrayed.

Especially when it comes to finance, any piece of news can be a breakthrough for others.

He didn't know if Yu Yue was the one who betrayed the information, so he could only test it a little bit.

When the market opened at one o'clock in the afternoon, he said directly to the trader: "The company has encountered a large redemption application today, and other tickets are not easy to move. ”

The funds are all T+2, redeemed on Wednesday, and only received on Friday.

On the fund company's side, you only need to sell stocks and prepare funds.

Guo Meng heard that Li Yuan was going to cut 500 million yuan of meat to deal with the redemption, and he felt very uncomfortable.

Because Li Yuan's other trading is perfect, but he has been placed on Lianying Technology, and the current loss of a single stock has exceeded 120 million.

If you smash another 100 million today, you will have to smash the stock price down by several points, and the loss may reach 150 million.

It's a vicious circle.

It will even drag down other markets.

Today's frequent position adjustments, there is not much room for maneuver.

Only Lianying Technology can come up with so much money.

Tomorrow's 400 million, I'm afraid that Lianying Technology will be smashed directly to the limit.

And then...... Li Yuan is on Lianying Technology, at least more than 200 million yuan.

Basically wiped out the next day's gains.

On Tuesday, if Lianying Technology had not lost 100 million, it would have earned 260 million, and its net value would have increased by about five points.

The actual situation is just over three o'clock.

For the first time, she saw the unwillingness on Li Yuan's face.

This is a huge disaster for the Optimus Mix Small & Mid Cap, which aspires to be a blockbuster.

Finally, it was the end of the day.

Lianying Technology was undoubtedly smashed to the fall limit by the Qingtian mixed small and medium-sized market, otherwise 100 million funds would not have come up at all.

With this capacity, I'm afraid I won't be able to run out of the remaining 370 million tomorrow.

A total of 620 million yuan was entered, and now there is only 100 million funds left, plus 370 million worth of stocks, and tomorrow this part of the stock will lose more than 30 million.

If you can't run out, you will continue to lose.

It has basically been determined that the loss is at the bottom of 200 million.

After closing, Li Yuan still didn't see anything and left the company directly.

After Li Yuan came back, he has been watching the equity change of Lianying Technology.

After two days of sharp decline, the market value of Lianying Technology has fallen to 18 billion.

If it falls again, it will be infinitely close to 16 billion.

The market value of this kind of electronics factory is all supported by performance, because there is nothing that can increase the price-earnings ratio.

The technology is average, and compared with other electronics factories, there is no advantage, whether it is management or contacts.

It is relying on a strong scale and a price-earnings ratio of about 13 that forcibly supports a market value of more than 20 billion.

When the market capitalization falls to around 16 billion, the price-to-earnings ratio will become 9, and a bunch of bulls will appear out of thin air at this position.

Because value investing is going to be taken into account at this time.

It's not like the trap of a short-term outbreak that results in a very low price-to-earnings ratio, it's just an expectation of an undervalued market capitalization.

Li Yuan would not do anything illegal, such as uniting others to fight back with him, which would be meaningless.

All he had to do was borrow ......

Within the scope of reasonable and legal operation, kill each other!

At twelve o'clock that night, the net worth of the third day came out.

1.1102（+2.05%）

As some expected, it fell further today, but not by a point as those suggested.

In just three trading days, Li Yuan has earned 11 points, and if he puts it in other funds, he is about to be blown out.

After all, the overall market is not good.

can be put on Li Yuan, obviously the data was so good on the first day, but it was rotten little by little in the next two days, and the suspicion of the opponent rose sharply, which naturally caused a lot of dissatisfaction among the people.

The redemption amount has been further increased, but they will not get the money this week, so they will have to wait until next week.

So even if there is really a redemption of 600 million, Li Yuan is not afraid.

He has a way to replenish the funds.

Thursday came as scheduled......

After the opening, a shocking scene occurred in Lianying Technology.

Straight down limit!

The sealed order fund reached 300 million.

Li Yuan smiled.

This is the way out of the road, which is blocked.

Obviously, the opponent is not willing to let him lose 200 million and leave the market, and wants him to lose more.

In other words, what he said yesterday in the trading room was known.

It wasn't leaked by Yu Yue, if it was Yu Yue, he knew that there was only more than 60 million redemptions, so he wouldn't be in such a hurry.

That's the people in the trading room......

Of course, it is not excluded that these people in the trading room let the people outside the trading room know through internal communication.

In short, in addition to himself and Yu Yue, there must be someone in the company who is a traitor, this is certain.

Trader's room traders are the most suspicious.

……

Inside the conference room of Lianying Technology.

Chairman Feng Tianming has a large screen behind him, which clearly shows the stock price of Lianying Technology.

After he and the others came, he said directly: "You can see the situation, someone is shorting us, and the current market value has been smashed to only 16.2 billion." I don't want to say anything, and I don't want to guess whether there are insiders to cooperate with them, all in all, I just want to say, I can accept the stock price of Lianying Technology, but I don't accept being smashed three times in a row! What do our investors think about such a situation? Will there still be retail investors who will dare to enter the market to buy our shares in the future? Will the stocks in our hands still be worth in the future? ”

The most important thing in stocks is reputation, and if you ruin your reputation, everyone will lose money, and others will not come to play in the future.

If you want to restore the confidence of shareholders in them, it is not something that can be done in a short time, and you need to spend a lot of money.

The people present are all management, more or less have some stocks in their hands, the stock market is their money printing machine, and they don't want to see Lianying Technology lose its ability to cash out of the secondary market.

Once something happens, if there is any problem in Lianying Technology's business in the future, they can't find someone to take over.

Feng Tianming said: "I am personally ready to increase my holdings by 300 million, and I will take out 90% of the net profit dividend this year......"

Fortunately, the major shareholders of the company came forward to endorse the company, so that those short-selling funds converged a little.

The latter is for all shareholders.

The company's annual net profit is about 1.8 billion, and it uses profits to expand almost every year.

This year's dividend is 90%, and the dividend will be more than 1.6 billion.

Based on the current stock price, it is a full ten points.

It's much better than a regular salary increase.

Because the salary tax is very high, and the stock dividend only needs to be deducted 20% tax.

After all, their annual salaries start from several million, and if they want to get more money, the subsequent individual income tax threshold is 45%, and the dividend is 5 million, which is almost equivalent to a salary increase of 8 million.

And they basically have hundreds of millions of stocks in their hands, and they can easily share tens of millions of profits.

"Chairman, those guys are so unreasonable, we should really set an example for shareholders! It just so happens that I'm still half a point away from raising a card, and today I'm going to raise a card directly! ”

A major shareholder has spoken.

The rest of the people don't want to miss this dividend, even if the stock price rises a little more, it is a good deal.

Anyway, the money invested has become stocks, and it will not be less for the time being.

Feng Tianming glanced at the screen behind him, and the 300 million sealed order was suddenly 100 million less.

So he said: "Then let's go back and prepare, a group of clowns who jump off the beam also dare to come to our territory to spread wild, I want to see today, where to get their securities borrowing and lending stocks!" ”

was smashed two days ago, but he wasn't so angry, and he only let him break the defense today.

If he hadn't stopped falling today, he wouldn't have been so aggressive.

(End of chapter)