Upon hearing this, Lin Qiang couldn't help but be surprised once again. Tiansheng Capital had set an unusually high entry threshold for investors, starting at 5 billion. Such a stringent criterion was indeed quite uncommon.
"Mr. Lu's statements are reassuring and let me reevaluate Tiansheng Capital's concept," Lin Qiang remarked. He then rose and added with a smile, "Mr. Lu, I apologize for the impromptu visit. Chaoyun Trust places significant importance on Tiansheng Capital. How about we provide our response within a week?"
Lu Ming also stood up, nodded happily, and said, "Tiansheng Capital also needs time to further assess whether Chaoyun Trust aligns with the criteria for becoming our LP."
Lin Qiang was momentarily taken aback; Lu Ming's words were sharp and unambiguous. The implication was clear: even if you're willing to hand over money, Chaoyun Trust won't accept it if it doesn't meet my standards.
This level of confidence was quite remarkable, and in a way, it was a positive aspect.
"Agreed," Lin Qiang said with a smile, and the two parties politely shook hands.
The meeting and discussion lasted for about half an hour, providing a preliminary understanding.
While Chaoyun intended to entrust 13.2 billion yuan to Tiansheng Capital for management, they couldn't simply hand over the funds upon their first encounter. They had been observing Lu Ming for three months prior to the meeting. Prudent decisions must be made when dealing with large capital investments.
Chaoyun Trust's funds predominantly came from office workers and middle-class families. These individuals invested in stable trust financial products, and Chaoyun utilized these funds for investment purposes.
Lu Ming's remarkable return on investment had caught the attention not only of Chaoyun Trust but also other capital institutions like Wanxiang Group. Some wealthy individuals were also considering the prospect.
Word about Chaoyun Trust's intention was the first to spread, but it certainly wouldn't be the last.
...
June 29, Monday.
Tiansheng Capital Headquarters.
This morning, the company's employees witnessed their idol, the young boss, bringing a young woman to the office. Their relationship was evident at first glance.
While heading to his office, Lu Ming informed his companion, An Yirou, "Your office is right next to mine. Report to the personnel department first; there's a process to follow. I've already informed them."
An Yirou, dressed in a classic white short-sleeved shirt paired with a knee-length skirt, nodded and proceeded to the personnel department. While the secretary role held less significance, being the CEO's assistant was crucial, falling under senior management. The main distinction from a secretary was that the assistant could act on behalf of the CEO with proper authorization.
Just as Lu Ming reached his office, Su Xiaoman walked in, wearing a smile. "The little sister named An Yirou is your girlfriend, right? Bringing her to the company, what position do you plan to assign her?"
Hearing this, Lu Ming replied, "She'll be my assistant."
Su Xiaoman was surprised. "Making her the CEO's assistant? Do you know how many people covet that position? Your girlfriend may face strong opposition from the team. Are you sure?"
The position of the CEO's assistant had long been vacant, as it was the closest position to the company's highest power core. Many internally coveted this role.
Lu Ming, without hesitation, explained, "She might look innocent, but her cunning is on par with yours. Besides..." Lu Ming refrained from continuing but intended to convey that his girlfriend was not to be underestimated.
"And what?" Curious, Su Xiaoman asked.
Choosing different words, Lu Ming responded, "And, placing her in this position is intentional; it's a test. This is the only way to cultivate an excellent professional executive."
Understanding, Su Xiaoman smiled and remarked, "So, I can also make her a stumbling block?"
Lu Ming looked at her and succinctly stated, "Don't turn my company into a palace battleground."
Smiling, Su Xiaoman added, "Alright, no battles, but I want an extra day!"
"???"
Lu Ming was taken aback. In order to secure the rear, he reluctantly agreed to her condition. For now, he could handle it.
"I almost forgot the business." Su Xiaoman was satisfied with the price condition and immediately shifted to business. "Recently, two capital institutions want to meet with you. They intend to invest a sum of money for you to manage. You're currently a sought-after figure in the eyes of capital, and more institutions will be visiting soon."
"In the future, more and more people will want to give me money, but I won't accept everyone," Lu Ming calmly replied. He then took out a document from the desk drawer and handed it to Su Xiaoman. "Present this directly to them. These are Tiansheng Capital's requirements for LPs. If they meet these standards, we'll accept the money they send, regardless of the amount. If they don't meet these criteria, we won't accept it, no matter how much they offer."
...
Thirty minutes later, Lu Ming exited his office and entered the trading room to begin today's trading.
Li Mingyang had been in the trading room for a while, and upon seeing his boss enter, he offered him tea and adjusted his chair. Lao Li had attempted to grasp the boss's logic, but eventually gave up as it seemed utterly illogical.
However, he had learned a lot about short-term trading based on the logic of technical analysis, yet the kind of capital sentiment judgment Lu Ming employed was beyond his reach. Li Mingyang understood that this was at the core of Lu Ming's extreme art of speculation.
He had provided clear explanations, even reasoned through unwinding operations during trading, but it was all in vain.
For instance, he couldn't fathom why the newly listed stock Jinke Culture had experienced limit-downs and panic selling the previous Friday. The stock had been limit-up and limit-down, nearly halving its value.
Now, with the results of the call auction, Jinke Culture, which had hit the limit-down the previous trading day, opened higher today, and then experienced another call auction.
"Mr. Lu, why haven't you been making large trades recently?" Li Mingyang inquired curiously. As a former fund manager, he had conducted numerous analyses of Lu Ming's previous trading of Tiansheng Pioneer Mixed Fund. He had noticed that the boss had a penchant for sizable trades.
However, recently, in the flash crash market, Lu Ming seemed to prefer small, high-risk trades. Each day, it was a rollercoaster of limit-up and limit-down moves. With the slightest misstep, there was no recovery. It was like a high-wire act.
"Don't endanger yourself; steer clear of large trades. Whose game is that anyway? What's the current situation? Don't think about diving in with a sickle in hand to cut leeks," Lu Ming replied nonchalantly. When the market opened, Li Mingyang decided to halt further questions and silently observe his boss's trading techniques.
Even if he couldn't fully grasp them, it was still fascinating to watch.
"Paisi shares have hit the limit-down; hurry, hurry, buy 100 million worth!" Lu Ming issued the command, prompting Li Mingyang to silently purse his lips. This newly listed stock had seen 24 consecutive one-word limit-downs since its IPO, and today, during this flash crash, it dared to go long. Wasn't this like burying oneself alive?
The trader swiftly executed the order, and just as the stock hit the lower limit, it surged violently, reaching the daily limit within half an hour.
The circuit breaker was hit—ceiling!
Li Mingyang was no longer surprised by these daily operations.
In the afternoon, Baogang's stock briefly turned green, and Lu Ming instantly entered with another 100 million yuan. The ceiling was sealed once again, and another new stock was added to the list.
This was Lu Ming's last operation for the day.
On this day, 42 individual stocks across the two markets closed at the daily limit. The constituent stocks held by Tiansheng Pioneer Mixed Fund after the repositioning and share exchange all hit the daily limit today. For Li Mingyang, this was not an astonishing sight.
He had grown accustomed to it...
However, the capital market's performance for the day was alarming. Fueled by a "double-drop," both markets opened high but moved lower as heavyweights plummeted. Small-cap stocks went limit-down.
The index broke through 4200 points, 4100 points, 4000 points, and 3900 points one after the other, closing at 4053 points by day's end. Intraday fluctuations were as high as 10.07%, with 1497 stocks across both markets hitting the limit-down. A decline of more than 1,000 points, equating to a 20% drop, had pushed the market close to the boundary between a bull and bear market. It seemed on the verge of entering a technical bear market.
And Tiansheng Pioneer Mixed Fund's net asset value for the day was once again staggering.
[RMB 7.9528 (+12.77%)]
...