Chapter 299 I Just Won’t Go Back
What gives Li Yuan the biggest headache is the delivery system of BiXin Mall.
Currently there is no way to reach the last meter.
Even after spending a year and investing more than 10 billion yuan, it could only barely reach the county town.
But it is enough. The population in the countryside is relatively scattered, so we just distribute as much as we can.
As time was approaching, Li Yuan would pay attention to the situation at the BiXin Shopping Mall every day.
Just as October began, he asked Song Jiajia to launch an agricultural assistance activity in the BiXin Shopping Mall, and directly arranged purchasing personnel to purchase goods from various places in the country, with a total capital of 100 million yuan.
The main vegetables are potatoes, cabbage, radishes and celery.
These are very accommodating.
At the same time, he also began to allocate some things to his hometown, such as the baby products that Jiang Yiling would need next, and the milk powder reserves at home.
Of course, some good ingredients are also indispensable.
After all, you won’t be able to get it for at least the next half a year.
Even though he owns a big supermarket at the entrance of the village, it is still difficult to get goods.
And if you can avoid going out to buy it, then do it. There are a lot of pregnant women and babies at home, and you can't gamble on the probability.
In November, Li Yuan issued an announcement to reduce his holdings in Song’s shares.
The originally booming market of Song’s shares was directly ruined by Li Yuan.
It only counted after hitting two limit downs in a row.
In fact, it was Li Yuan who smashed it himself.
Song’s shares have performed very well this year.
After Li Yuan broke up with Song Jiajia last year, the share price of Song’s shares fell.
He took advantage of the time when the major shareholder of Song shares was reducing his holdings and asked Chen Jie to use a trust account to buy nearly four points of stocks there.
This year, pork prices have risen sharply, and the corresponding stock prices have naturally risen as well.
The leading company Muye shares doubled in value, and its market value directly exceeded 300 billion.
Song’s shares have tripled in value thanks to the support of Kingkong Capital and its small market cap.
The total market value increased from 12 billion to nearly 50 billion.
During this period, Li Yuan slowly cleared out his holdings and then issued an announcement of a reduction in holdings.
Prepare to reduce Song’s shares a little more.
This operation is somewhat against regulations, but since I am not the joint actor of the trust, there is no problem in name.
But Li Yuan needs to do something.
He must cool down the market's heat, otherwise he will be slapped in the face after the new year.
Not only did he reduce his stake in Song's shares, he also let out a message from KingSky Capital that he was ready to step down as fund manager at any time.
Among the four funds of Kingkong Capital this year, Kingkong Mixed Small and Medium Cap Fund performed the best, with an increase of 86%. The other three funds saw increases between 40% and 50%.
Currently, the total scale of Kingkong Capital has exceeded 900 billion, which is too much for Li Yuan.
So much so that on the first day of the new year, the market suffered a loss of 90 billion, and on the second day, it suffered another loss of 80 billion.
This kind of loss should be avoided if possible.
He not only released the news, but also asked Kingkong Capital to lift the purchase restrictions.
Who doesn't know what kind of person he is?
There is no purchase limit now. As an old fan, I immediately understood the trend and left the market as soon as possible.
I've made so much money, it's time to stop.
For five consecutive days, Kingkong Capital raised more than 200 billion yuan, and Li Yuan himself raised 160 billion yuan.
The entire A-share market was smashed by Kingkong Capital.
Unconsciously, many people discovered that the fund managers of Kingkong Capital’s four funds have become two people, Li Yuan and Guo Meng.
When Li Yuan saw that there was still a group of crazy people who were unwilling to withdraw their funds, he immediately posted a message on his social account.
"Brothers, it's been too long since I've had a life. How about I take a few months off?"
As soon as these words came out, the comment section exploded.
"How dare you! Who dares to make Yuan Shen have no life? Are you going to die?"
"Yuan Shen, I am a woman. As long as you can continue to operate, I will give you..."
"I, Wang Chengzhu from the Sixth Middle School of Jicheng, Lu Province, advise those women who don't give Yuanshen a living, don't mess with me, otherwise you won't be able to bear the consequences!"
"Yuan Shen, even though I am a man, if you need me, I will lose if I frown!"
…
Although he joked a lot, he seemed to want to keep Li Yuan.
But most people are not slow in their movements.
Even the funds that rushed in after discovering there was no purchase restriction a few days ago are now running away with reluctance.
It doesn't matter if you have to pay high handling fees.
It's not just Kingkong Capital, many more people were dragged into this.
Because if you stay in the market, you will be hit by Kingkong Capital.
Kingkong Capital still has more than 600 billion yuan.
No matter what, just get out first. Once you get through this wave, it doesn’t matter if you enter the market later.
As a result, from early December to late December, the entire A-share market looked like it had eaten bitter gall, and its face turned terribly green.
The trading volume gradually declined, slowly decreasing from more than 1 trillion to more than 600 billion.
At this time, there are only about forty days left until the Chinese New Year.
Kingkong Capital has withdrawn another 400 billion yuan of funds, and with the losses during this period, the total scale is only about 100 billion yuan.
Li Yuan didn't make much money. He withdrew a total of 360 billion, including 40 billion yuan of capital from Qingtian Group.
Because of this funding, he still owed 200 billion yuan. Minus the 40 billion yuan in capital from the Qingtian Group, his two funds earned a total of 120 billion yuan in this round, of which 80 billion yuan belonged to Qingtian Capital.
Basically, anyone who invested received an annual bonus, with some receiving 40,000 to 50,000 yuan, and some receiving 10,000 to 20,000 yuan.
Fu Zonghai is an exception, because his holdings in the Qingtian Mixed Small and Medium Cap Fund were 140,000 last year, and this year it has skyrocketed to 250,000.
It's a pity that he didn't redeem it, and now there are only more than 190,000 left.
On the other hand, he also held 1.6 million shares of Sky Capital.
Last year he received a bonus of 140,000 yuan, and then invested the money from selling his house, for a total investment cost of 740,000 yuan.
Kingkong Capital has surged 60% this year, with a total market value of over 400 billion yuan. His initial investment of 740,000 yuan has now turned into 1.6 million yuan, with a holding cost of 2.05 yuan.
The cost of 140,000 yuan was 1.5 yuan, and the cost of the other 600,000 yuan was more than 2 yuan. At this time, the share price of Kingkong Capital reached 4 yuan.
He could have left with 1.85 million, but he was unwilling to do so.
He felt that it was impossible for Kingkong Capital to have such limited potential.
Why the stock price just more than doubled?
In his eyes, Sky Capital must be worth at least one trillion, or even two trillion.
And the Skyworth Mixed Small and Medium Cap Fund would not be just this little.
This year's market can only be described as a recovery, but it is not very strong.
The market only rose by 20 points, just reaching 3,000 points.
What kind of recovery is this?
At least twenty more points.
According to the data of Qingtian Mixed Small and Medium Cap, it would be normal if it doubled again .
So he endured it.
Isn’t it just a loss of tens of thousands of dollars?
He believes that the money lost now will be recovered sooner or later.
If you withdraw now, there will be no quota next time.
After all, he did not seize the opportunity to withdraw at the beginning. Although there is no purchase limit for the Skyworth Mixed Small and Medium Cap Fund now, he has no money to increase his holdings.
He didn't tell anyone about what he was doing recently, not even telling his parents .
However, he is very famous in the Qingtian Huitong APP because he always shows off his holdings in the comment section.
He once again posted his current holdings, which had fallen to only 190,000, and said, "I still didn't run away. Now there is no purchase limit for the Sky Hybrid Small and Medium Cap Fund, which is definitely a good opportunity for everyone. I only regret that I don't have money. If I had money, I would definitely take this opportunity to top up."
Someone quickly responded, "Brother, you haven't been hit by the Black Widow, have you? Once Guo Meng comes on board, the fund will definitely go green every day. Besides, Yuan Shen's energy is obviously not focused on the fund now, he is just playing around. After he quits this time, he may not come on board again in the future."
"I looked through the annual report of KingSky Capital last year. Overseas market revenue accounted for an absolute proportion. This year, the domestic market may make a lot of money, but in fact, the overseas market is better. I guess Yuanshen has also invested a lot."
"According to my calculations, the management fees, subscription fees, and handling fees of the four domestic funds of Sky Capital this year should add up to about 28 billion. This number is not large. With Yuan Shen's wealth growth rate, he will definitely not make only this much. If I were him, I would not invest too much energy in the domestic market. We all know what A-shares are like."
Faced with many people's "rational" analysis, Fu Zonghai remained unmoved.
He didn't believe that Li Yuan didn't care about the A-share market. If he didn't care, why would he set a limit?
Anyway, everyone is making money from management fees, so just let the big funds enter the market.
This time, more than six million investors participated in the four funds of Kingkong Capital. This is an unprecedented figure, and Li Yuan is definitely aiming for more than this goal.
For some unknown reason, Li Yuan decided to leave the market, causing the A-share market to collapse.
The mood is broken. Unless Li Yuan comes back, otherwise...
A large amount of profits were taken away and the entire market was in mourning. The market, which had just climbed to 3,000 points, had now fallen back to 2,800 points.
Just one month.
There are still ten trading days left until the Chinese New Year.
A video appeared today, but Fu Zonghai didn't care much about it.
Although it is not far from him, it is in Jiangzhou.
In which seafood market did an unknown patient appear?
It has nothing to do with him. He doesn’t want to go home now anyway, and he won’t be able to explain to his family if he goes home.
Just buy some instant noodles, and after the company has a holiday, add a few eggs to your meal for the New Year.
He spent most of his time on BiXin and registered a special gaming companionship service. However, since he was a man, his business was not very good and he could only earn a few hundred yuan a month for living expenses.
However, after logging into BiXin today, he discovered a problem.
Originally, playing together was the biggest section, but now the button for playing together has become an option on the homepage.
The most important thing is that the entire page has changed greatly.
What comes in are short videos, game videos, beauty videos, and various jokes performed by internet celebrities.
The plaza business still exists, but its location has become more secretive.
The mall is also there, in a more prominent position, and then there is the creation button, where you can shoot and upload your own videos.
He was confused.
Isn’t this almost the same as Douyin?
BiXin is a platform for playing games together...
What is this for?
When he opened the mall, a pop-up window appeared directly.
It says above that BiXin Mall’s agricultural assistance services, and the prices of potatoes, cabbages, radishes and celery are very cheap.
We also remind everyone that the temperature has dropped sharply recently, and people who are unwell are advised to wear masks.
…
On the other hand, Song Jiajia was in a miserable situation.
Li Yuan's share reduction brought the market value of Song's shares down to less than 30 billion yuan, and funds fled abroad.
She didn't know how many times her relatives had told her this.
There were even more problems on the BiXin side because Li Yuan suddenly intervened and iterated the entire version of BiXin.
And it is a disruptive change.
Abandoning its main business, it is trying to compete with others in the short video field.
Even Penguin has failed to succeed in this market.
With the help of BiXin and the shopping mall business, as long as the mall’s reputation is established, it can be transformed into an online shopping platform in the future, which is a very good direction.
As a result, Li Yuan actually wants to make a short video?
This industry is highly dependent and will not give others any chance.
As a result of Li Yuan's actions, the original companionship business will probably be greatly reduced. If companionship does not work, users will naturally not stay.
The most outrageous thing is that BiXin has a rule that after registering with your mobile phone number, you must do real-name authentication before you can enter the APP.
Isn't this driving away users?
These days, Li Yuan has been in his office. She has lost the right to make decisions and can basically only act as a secretary.
Li Yuan's phone basically never stopped ringing. He kept calling Yu Yue and Yao Yingsong to ask about the situation over there.
At this time of year in the past
On January 15, Song Jiajia finally couldn't help it and said to Li Yuan in the office: "I don't know what you are crazy about. If you want to kick me out, I can do it anytime."
Li Yuan replied: "Then you can go home first. I will take care of Bi Xin for the time being. You can come back after the New Year."
"???"
Having said that, she had no reason to stay, so she turned around and left the office.
She found that Li Yuan was really determined to make short videos. The original server cost of Bi Xin was only 16 million a year, which could accommodate 2 to 3 million people online at the same time and store data of tens of millions of people.
As a result, Li Yuan started to expand the server capacity in October, and the scale of the expansion was unimaginable, a hundred times.
The server costs alone exceed 2 billion a year.
Even if you want to make short videos, shouldn’t this money be used to subsidize content creators?
Why upgrade the server? Can tens of millions or even hundreds of millions of people suddenly pour in?
"Remember to go home quickly!"
Li Yuan shouted from behind.
Song Jiajia's pace became faster.
Because she felt that Li Yuan was urging her to leave.
My career at BiXin has come to an end.
She now understood one thing: Li Yuan probably just wanted her to help stabilize the basic situation, and she would come over and take over whenever he had time.
Li Yuancai looked down on the small amount of money he earned from playing with Bi Xin...
He wants to start a business, he wants to seize the commanding heights of traffic and create an Internet unicorn.
It’s just that Song Jiajia didn’t think Li Yuan could succeed.
When she returned home, she had no intention of going home at all. Going home this year would simply embarrass her parents, so she simply decided not to go back.
