Chapter 643: The Invisible War

Chapter 643: The Invisible War

Chapter 643: The Invisible War
The dinner with the representatives of Zhongtie Fourth Bureau was uneventful, with only some discussions on recent official projects.

Fan Wumian went to the banquet himself, and the thing that impressed him most was puffer fish, which is said to be officially banned for consumption, but companies in coastal areas have begun to artificially breed them and sell them mainly to island countries.

Although wild puffer fish is very poisonous, the taste of it after being made into soup is so delicious that even though it is not the first time Fan Wumian has eaten it, he is still amazed every time.

Originally, the people from Zhongtie Fourth Bureau were a bit "condescending" in front of Boss Li. They were often flattered by others on weekdays, and there were too many people who needed help from them. Over time, they got used to it and easily mistaken the platform's resources for their own strength.

People only earn 18,000 yuan a month, but manage large projects worth hundreds of millions or even billions. After their mentality becomes numb, they will inevitably start to become arrogant.

However, they were extremely polite in front of Fan Wumian. The gap in strength was there, and it was not wrong to describe them as "a fierce dragon crossing the river". Even though Fan Wumian was only busy eating and drinking and didn't talk about business, he still gave Boss Li enough face.

Zuo Ziyan had no interest in that kind of social drinking party.

That night, she went to stroll around the Wanda Plaza in Wujiaochang, where her family had invested, and also went to the Valentino store to buy some new clothes.

This meant that after the dinner, Boss Li took others to the Shang K Club for social events, where he praised the girls, all of whom were professional models, to the skies, while Fan Wumian had to return to the old villa on Julu Road early.

Fortunately, Zuo Ziyan bought a pair of riveted high-heeled "combat boots", which made his nightlife colorful and not boring.

Before going to bed at midnight.

Fan Wumian went to check the news related to the stock market crash again. At this time, he leaned against the head of the bed, holding his laptop and said to Zuo Ziyan:
"I said the market would rebound and usher in a big rally. This matter has become a big deal. Many people are expressing their opinions around my point of view. Many investors are worried and even begin to suspect that the Shanghai Composite Index will fall below 2000 points."

"Today, the Shanghai Composite Index fell by 8.23%. They felt like the sky was falling."

"Fortunately, the risks have almost been released all at once, and there may be a rebound tomorrow. The authorities and many experts also believe that today's sharp drop is not rational. After all, the mainland's economic growth rate was quite good last year, and it also rose sharply in the first quarter of this year."

"It's a pity that people are used to looking outward and are too easily influenced by international media. I guess many foreign investors will not miss this opportunity and will really try to boost the A-share market next time."

Zuo Ziyan was resting on his side, looking particularly relaxed. She asked him curiously:
"I was busy visiting the mansion in the evening, and you went to eat at night. I forgot to ask you, how is the situation at Boshi Fund?"

Fan Wumian replied:

"It's OK. During the meal, I received a call telling me that many clients chose to cancel their redemptions. Some were influenced by my Weibo posts, while others thought that since the price had already fallen so much, it would be better to wait and see."

"Today, a total of about 14 billion yuan was redeemed, but more than billion yuan of funds entered the market to buy at the bottom, so the total amount of funds under management has not moved much."

"Before the afternoon market closed, Wang Yu, vice president of Boshi Fund, had already started using funds to buy at the bottom, investing 50 billion yuan at a time to buy leading stocks, most of which were components of the Shanghai Composite Index. It was said that it took about 10 minutes to force the Shanghai Composite Index up by 0.45 percentage points."

On weekdays, the total daily transaction volume of A-shares is maintained at around 900 billion yuan. Today, due to the stock market crash, the total transaction volume reached more than 2000 billion yuan, accidentally setting a historical high.

If the market sentiment was not so pessimistic, the 50 billion yuan of bottom-fishing funds invested by Boshi Fund would actually have the opportunity to lead the whole market up by 1% or even 2%.

Unfortunately, the falling knife is too difficult to catch. Many investors are worried that there will be a further drop tomorrow, so they choose to sell before the market closes.

Regardless of the life and death of other investors, today's plunge has given Boshi Fund and Mainland Bandit King Fund another opportunity to pick up cheap chips, and the subsequent growth data should be particularly good.

Fan Wumian did not completely become a hands-off boss. He knew the company's situation very well. He then said as if talking to himself:

"BoShi Fund still has about 80 billion RMB in liquid funds on its books, and the Mainland Bandit King Fund also raised more than 60 billion RMB before the New Year. I am considering whether to go all out to buy stocks and cooperate with the authorities to boost the stock market again." Zuo Ziyan was stunned and reminded:

"This kind of thing should be done slowly, and you can't be too hasty. If so much money is poured in, the stock prices of many companies will be pushed up to the daily limit. It is easier to build a position at the lowest cost price when the market is in panic."

Fan Wumian raised the corners of his mouth and reminded:
"Of course I understand this truth, but when doing business in the mainland, sometimes it is most important to be familiar with the ways of the world."

"Penguin Group, Tudou.com, and Bandit King Media all need to develop. If I show some initiative now, it will be good for my business."

"It can also prevent the authorities from questioning them in the future because of the large-scale reduction of holdings by Boshi Fund and Shanzeiwang Fund. At that time, they can say that they think the market is overheated and needs to be cooled down, and actively respond to official policies to reduce market risks. No one can find any major faults."

The mainland's financial market is not fully open. With the current size of BoShi Fund exceeding RMB 600 billion, as long as the stock market rises a little and more funds are attracted, the scale of client assets under its management will exceed RMB billion.

For a "giant" enterprise like this one in the mainland fund market, if it wants to take advantage of the rising stock price to complete the magnificent performance of cashing out at a high price, it will definitely not be able to do so without official support.

During the Chinese New Year, Fan Wumian happened to have contact with members of Yanjing's think tank. At that time, he came up with a new idea. He hoped to let the two companies, Boshi Fund and the mainland Shanzeiwang Fund, take the initiative to become a "tool" in the official macro-control policy, to help cool down the market when it is overheated.

Once this idea becomes reality.

By then, Fan Wumian will have a reason to cash out on a large scale and bypass some restrictions in the management regulations of fund companies, and he will also be able to suppress the market and prevent it from being blown up by the financial tide, which would lead to the tragedy of countless middle-class people's wealth accumulated over the years disappearing overnight.

The best part is that you also have the opportunity to receive praise from above, which means you can make money while also having a full sense of accomplishment.

As for how those investors who hope that the A-share market will be in complete chaos so that they can profit from the situation will view this matter, it is completely beyond Fan Wumian's consideration.

He just wanted to disrupt the plans of international hot money and prevent those troublemakers from getting too much benefit. Even if the bubble was burst and the market had a hard landing around 6000 or points, it would still be much better than the Shanghai Composite Index being pulled to more than points before exploding.

Fan Wumian felt that his two asset management companies in the mainland would have assets of around 1500 billion yuan by then. If he used this huge amount of funds to pour cold water on the A-share market, continuously reducing holdings and selling off constituent stocks, even the most fanatical gamblers would become much calmer.

Of course, he just pondered these things on his own and did not mention them to Zuo Ziyan.

Many Chinese people seem to always have an ideal sentiment of "sacrificing oneself for righteousness", and Fan Wumian is no exception. He sometimes feels that the life of rich people is dull and boring, but the excitement of doing big things secretly makes every cell in his body excited.

Back in 1997, in order to maintain the Hong Kong dollar exchange rate and avoid a complete collapse of the Hong Kong economy, there was a classic "counterattack and defense war" without the smoke of gunpowder between the Hong Kong government and multinational hot money led by Soros.

In Fan Wumian's view, the upcoming A-share bubble will have an even greater impact than the financial war in 1997. It will prevent countless newly emerging middle-class people from falling back into poverty overnight and preserve the wealth of millions of families.

There is no need to even doubt that, just as in the future real estate bubble, foreign capital will frantically provide financing to companies such as Hengda Real Estate and Vanke Real Estate, the next stock market bubble will also be accompanied by the shadow of the United States trying to explode the mainland economy.

The last time I chatted with the think tanks in Yanjing, this seemed to be confirmed from the side.

It is said that tens of billions of US dollars of foreign capital have entered the mainland capital market through the QFII (Qualified Foreign Institutional Investors) channel and are lurking among various listed companies.

I didn’t have the opportunity to come into contact with these things before, and it was good enough for me to be an ordinary person who abides by the law and doesn’t cause trouble for others.

Now that he has such a huge amount of funds in his hands, Fan Wumian doesn't want to just make money for himself. He has no shortage of it. Besides, there is no conflict between making a profit for himself and helping to solve the problem.
(End of this chapter)