Of course, it wasn't just everyone at Huayi Capital who was shocked by such fund sales performance.
When Eastmoney Fund Network released the intraday sales data for the 'Huayi Expedition No. 1 Fund' product, the entire domestic fund industry, almost all large fund companies, investment institutions, and countless investors, all showed extremely shocked expressions.
Moreover, after domestic financial media extensively reported on this matter.
It further shook countless institutions across the entire domestic financial sector.
"Holy crap, a private equity fund product with a scale of 20 billion yuan actually sold out, achieving a 'daylight disk' performance. That's truly impressive."
Inside Noah Capital, Wang Shujie, the fund manager of the 'Blue Chip Mixed Select' fund product, browsed the intraday sales data for the 'Huayi Expedition No. 1 Fund' product.
His entire perception was completely refreshed, and he said in disbelief,
"This sales performance... I'm afraid there's a lot of exaggeration, right?"
"The 'god-making' plan led by Eastmoney Fund Network,"
replied Li Shangfeng, the trading team leader.
"There should be a lot of exaggeration, but even with exaggeration, this sales volume is too terrifying. You know, even the top few fund companies in the industry now find it difficult to achieve an intraday scale of 20 billion yuan when issuing public fund products."
Wang Shujie sighed softly and said,
"In the current market conditions, let alone an intraday fund sales performance of 20 billion yuan, even 10 billion yuan is extremely difficult. Of course... this is for equity-biased mixed funds. Pure bond and money market fund products are relatively easier to raise capital for."
"The 'Huayi Expedition No. 1 Fund' product issued today should be a historical record for the sales scale of private equity fund products in the industry, right?"
Li Shangfeng said,
"I remember last year, when the 'Zexi No. 2' fund product was issued, its intraday sales scale was less than 10 billion yuan, and the market had already started to enter a bull market at that time."
Wang Shujie nodded and said,
"It has indeed set a historical record."
"This Manager Su of Huayi Capital is truly extraordinary,"
Li Shangfeng said.
"After the Zexi Faction collapsed, I feel that Manager Su is likely to become a rising star in our Magic City's financial circle."
Wang Shujie said,
"Is successfully issuing a 20 billion yuan private equity fund product not enough to be a prominent figure? Look at today's reports from all domestic financial media; they are basically all about Manager Su.
If it weren't for the 'Huayi Expedition No. 1' fund product's registered scale being capped at 20 billion yuan, with the current spontaneous reporting from major financial media, given Manager Su a few more days, the fund's scale would likely continue to skyrocket, and sales of 30 billion or 40 billion yuan would probably be effortless."
"I heard that many business tycoons in Magic City went to Huayi Capital to show their support today,"
Li Shangfeng said.
"Even institutions like Eastmoney and Huaxin Securities subscribed to a considerable number of shares in the 'Huayi Expedition No. 1' fund product. This Manager Su... truly has a lot of influence!"
Wang Shujie said,
"Manager Su has been very prominent recently, and with the collapse of the Zexi Faction, it's natural for these people to flock to him."
"He's indeed too prominent,"
Li Shangfeng said.
"Lavishing over 3 billion yuan on Kewan Real Estate stock at high prices, continuously reducing holdings in the 'lithium battery' main theme by over 3 billion yuan, plus the 'Teli A', 'Meiyan Jixiang', and other 'monster stocks' vigorously created by Manager Su earlier, in the past six months, Manager Su's prominence in the domestic secondary market has truly been unmatched, and his demonstrated ability to make money is truly enviable."
"However, different capital scales will also lead to significant differences in operational capabilities and trading strategies,"
Wang Shujie said.
"Manager Su has indeed previously demonstrated top-tier individual stock speculation ability and the ability to capitalize on hot themes, but in terms of long-term strategy, facing such a large volume of capital, it won't be easy to achieve outperformance.
Many retail investors who transitioned to private equity funds saw their performance gradually flatten after their capital scale grew. As for Manager Su... even if he's very prominent now, whether he can truly carve out a space for himself in the future is yet unknown!"
"Perhaps he will follow the investment path of the Zexi Faction,"
Li Shangfeng said.
Wang Shujie chuckled, saying,
"The current market investment ecosystem is completely different from before. Playing reorganization concepts again probably won't yield very good returns or outcomes. Look at the fate of Manager Xu of the Zexi Faction; playing reorganization concepts, one can easily slip into insider trading. If Manager Su truly follows the Zexi Faction's path, hehe... then his glory will likely only be temporary."
"If he doesn't take the reorganization concept path, and we truly talk about investment research capabilities..."
Li Shangfeng said,
"With his newly established investment company, he would be no match for seasoned investment institutions in the industry."
"Let's wait and see,"
Wang Shujie said.
"I'm also very curious about how this institution will build its positions later and in which direction such a massive amount of capital will be invested."
As the two discussed, at this very moment.
Inside Jufeng Asset Management, also in Magic City.
Lu Xiangxiang, the general manager and 'Jufeng Future Growth' fund product manager of the company, was visibly startled after seeing the fundraising and issuance information for the 'Huayi Expedition No. 1' fund product.
An expression of disbelief appeared on her face, and she murmured,
"How is this guy so powerful? An intraday sales scale of 20 billion yuan... This incredible performance truly shows no sign that the current market is in a bear phase."
"It's really too exaggerated,"
Yu Xiaolu, the trading team leader, also exclaimed.
"In just a few hours, the scale of the fund products managed by this guy has jumped into the top 50 in the national private equity fund industry. Our company has been operating for several years, and the scale of our fund products hasn't even broken the 10 billion yuan mark, yet this guy instantly achieved this accomplishment."
"Sigh... comparing people to people can really kill you with anger!"
Lu Xiangxiang sighed.
She had previously only regarded the trader behind the capital from Financial Street Fuxing Road as market hot money.
She didn't expect the other party to grow so quickly.
Not only did he violently earn billions of yuan from the stock market in half a year, but his newly established company raised a fund scale of 20 billion yuan right from the start.
A scale of 20 billion yuan...
This was a sales performance she wouldn't even dare to imagine after years of operating.
And just as she was sighing helplessly, feeling incredibly shocked and intensely jealous.
In the national financial circle, among many active hot money circles, a group of market hot money bigwigs also felt a surge of emotions when they saw that the hot money from Financial Street Fuxing Road had finally revealed its true colors publicly and issued a private equity fund product that created a historical sales scale record in the industry.
"From now on, the 'Financial Street Fuxing Road' trading seat will become a legend again, won't it?"
Li Jinshi lamented in the main hot money group of the Foshan Faction.
"I really didn't expect Manager Su, who operates using the Financial Street Fuxing Road trading seat, to be so young,"
Chen Guiyun responded.
"And this appeal... it's truly outrageous. I feel he's even more impressive than Manager Xu of the current Zexi Faction. A scale of 20 billion yuan... what a concept."
Liao Guoxiang said,
"This is the allure of wealth. As long as you fully demonstrate your money-making ability, these business tycoons will flock to you with their money. However, Manager Su from Financial Street Fuxing Road, having the courage to launch a private equity fund product at this time, is truly admirable.
After all, operating with personal funds is completely different from operating a fund product. Whether in trading style or trading strategy, they will be entirely different. Based on his previous capital scale, with billions of yuan, he could barely focus on speculating main concepts and hot spots under current market liquidity, creating 'monster stocks' to capture excess profits during emotional surges.
But after taking charge of a 20 billion yuan capital scale... Such a massive amount of capital can no longer be invested according to previous trading strategies and operating methods. For capital of this magnitude, continuing to obtain excess returns and outperform the broader market index is extremely difficult.
Many people in the circle had excellent trading performance on their own before. But in the end, they all failed in transitioning to private equity. Manager Su, in the past six months, has indeed been unrivaled in his prominence in the domestic financial market.
However, after transitioning to private equity management, especially having to operate with such a massive amount of capital in the market, whether he can achieve outperformance and continue his previous legendary investment path is truly hard to say."
"Brother Liao, are you not optimistic about Manager Su's development after taking charge of the fund?"
Li Jinshi asked.
Liao Guoxiang replied,
"It's not that I'm not optimistic; it's that I can't be optimistic. Look at the current state of the Zexi Faction products, which were invincible and continuously created performance myths in the private equity industry for the past two years, and the current predicament of the 'Commander-in-Chief'. I don't believe the development path Manager Su has chosen is correct."
"That's true,"
Chen Guiyun nodded slightly.
"It's probably going to be hard to see the flamboyant operations of the legendary 'Financial Street Fuxing Road' trading seat again, or its sharp trading strategies that swallowed mountains and rivers when creating main theme 'monster stocks'."
"I don't think so,"
Li Jinshi said.
"Manager Su from 'Financial Street Fuxing Road' has a very strong personal style in his trading approach. Moreover, this guy isn't just brilliant with short-term strategies. Looking at the speculation trend of 'Kewan Real Estate' this time, and his significant operations in the 'lithium battery' main theme, Manager Su possesses considerable long-term thinking and long-term trading logic.
A scale of 20 billion yuan is indeed very large, not a capital volume that ordinary people can control. But for Manager Su. I feel he should be able to achieve corresponding performance.
Of course, compared to his transition to private equity funds, I certainly still hope he can maintain his original thinking, use his own trading seat to lead market trends, and create logically strong 'monster stocks'.
What a shame... most likely, Manager Su's focus will be on managing fund products from now on. Just like 'Jiefang South Road', the Commander-in-Chief Xu's. Wanting to see this trading seat frequently appear on the Dragon-Tiger List and lead short-term market trends in the future is probably unlikely."
"Not necessarily,"
Chen Guiyun said.
"Haven't you heard that the trading seat used by the 'Huayi Expedition No. 1' fund product is still the 'Financial Street Fuxing Road' brokerage office's seat?"
"The trading seat hasn't changed,"
Liao Guoxiang said.
"But with such a large volume of capital, it definitely won't engage in large-scale trading with a short-term speculation mindset. After all, with such a massive volume, if it frequently appears on the Dragon-Tiger List, it's very easy to be targeted by other capital. So... even if the trading seat hasn't changed, the trading style and strategy will absolutely change."
"Let's wait and see,"
Li Jinshi said.
"I'm also genuinely curious about how Manager Su will build his positions next."
It wasn't just them who were curious...
The entire domestic financial sector, countless institutions, industry hot money players, and the many investors who had invested in the 'Huayi Expedition No. 1' fund product.
Amidst the continuous news bombardment regarding the 'Huayi Expedition No. 1' fund product.
All were very curious about how Su Yi would build his positions next.
Even within Huayi Capital, all the traders in the entire fund investment department were curious and speculating about what kind of position-building strategies and corresponding trading strategies Su Yi would implement.
However, to everyone's surprise...
After the 'Huayi Expedition No. 1' fund product completed its fundraising and entered its closed period, over the following week.
Su Yi did not mention anything about building positions for the fund product.
Nor did he issue any trading strategies or position-building tasks to the company's trading team.
"Manager Su, our fund product has already entered its closed period,"
Qu Zecai, the company's trading team manager, finally couldn't help but ask Su Yi when the entire company's trading team was already prepared but anxiously waiting, with no trading instructions given, making them extremely uneasy.
"Should we start building positions now? According to the ideas you discussed with everyone before, the entire 'new energy industry chain' main theme and the 'lithium battery' main theme have both adjusted to relatively low levels. I feel we can appropriately establish initial positions and prepare for some proactive moves."
Su Yi smiled, glanced at the rather anxious Qu Zecai, and said with a chuckle,
"No hurry, let's observe the market's reaction a bit more."
After speaking, without much explanation, he continued to be busy with recruitment.
As there were no trading tasks during this period, and he didn't plan to build positions before New Year's Day.
Therefore, he shifted his focus to collaborating with the HR department on company talent recruitment, further introducing talent, and improving the staff allocation across various departments of the company.
"Lin Xiaoxiao..."
Su Yi looked at the resume in his hand, then looked up at the girl he had long been familiar with from the 'Financial Street Fuxing Road' brokerage office.
With a look of surprise on his face, he said,
"Why did you think of applying for an administrative assistant position at our company? Were you unhappy working at the brokerage office?"
Lin Xiaoxiao noticed Su Yi's gaze, her face flushed slightly, and after thinking for a moment, she said,
"The brokerage business at the office is getting worse and worse. After my position was transferred back to a front-end sales role, the work became increasingly difficult. So... I thought about changing my work environment. Also, Manager Su, your company's recruitment salary and benefits align well with my expectations, so I want to give it a try. After all... I still want to earn more money."
"But our company isn't a large institution like Huaxin Securities,"
Su Yi said.
"Its future is unknown, and there's no stable organizational structure."
"I know,"
Lin Xiaoxiao nodded.
Seeing her expression, Su Yi pondered for a moment, then didn't ask further, saying,
"Alright, it's up to your own wishes. If you're willing, you can come to work. I just happen to need an assistant."
When he was at the 'Financial Street Fuxing Road' brokerage office, many of Lin Xiaoxiao's arrangements made him feel very comfortable.
Furthermore, after long-term contact, she was well aware of many of his habits.
He felt that if she was willing, having her as an assistant or secretary by his side would be quite suitable, and Lin Xiaoxiao's personal image and temperament were also good, fitting the positions of assistant or secretary.
"Mm, thank you, Manager Su,"
Lin Xiaoxiao said happily, with a smile on her face.
Su Yi returned the resume to her, asked her to report and register with the HR department, and then continued to interview the next few traders.
In the following days, Su Yi continued to be busy with company trivial matters.
During this period, in terms of market trends...
The trading volume in both markets began to further languish, and the sustained profit-making effect on the market also began to further decline.
The index stopped at the 3400-point level, no longer able to touch the upper edge of the 3600-point oscillation range.
It seemed that, as time passed, the clouds over the financial market began to gather once more.
(End of chapter)