Chapter 764 - 316: Rest Assured, President Li—It Was All Me! (Part 2)

Chapter 764: Chapter 316: Rest Assured, President Li—It Was All Me! (Part 2)

Moreover, luxury products can’t really be much cheaper. How could one expect products from a developed country to have a lower unit price than those from a developing country?

The ones with a low unit price are basically local specialties.

And what’s Japan’s specialty?

Some pharmaceutical cosmetics, along with some industrial products.

Industrial products are also cheap domestically; cars of the same quality, domestic ones are cheaper than Japanese ones.

Cars at the same price point, domestic cars have better quality than Japanese ones.

As for pharmaceutical cosmetics? That’s even more of a scam.

Japanese pharmaceutical cosmetics have extremely loose standards; a certain eye drop contains all banned substances domestically. Although it shows immediate effects after use, the harm to the body is permanent.

It might even cause dependency.

Once you stop using it, the symptoms will relapse, and many domestic medicines won’t work anymore because the body’s resistance has been pushed to the extreme.

This isn’t an isolated case; it’s quite a common phenomenon.

Out of all those Japanese cosmetics, 80% would be considered banned drugs domestically. The reason they are effective is quite similar to rural clinics.

If they find you have a cold, they give you an injection of antibiotics; how could it not be effective?

Similar to Japanese cosmetics, there are Thai medicines, which also have overdosed amounts. Short-term effectiveness is quick, but once you start using them, you’re dragging yourself into an abyss.

If it doesn’t relapse later, fine, but if the symptoms come back, conventional methods will completely lose efficacy.

Internet influencers make money without any bottom line. One second they’re playing the sentiment card to attract fans, the next second they’re promoting how cheap it is to travel to Japan.

A moment ago, they were a voice for the people, the next they’re claiming some liquor is a backup for Moutai, with quality no less, a national key project, and then you find out it’s just some off-brand stuff, never heard of before, selling for just a dozen yuan per bottle.

There’s also the popular science influencers who casually connect with some unknown foreign expert, give them a bunch of titles, then start endorsing some overpriced baby product, or spin tales about an electric toothbrush breaking the global blockade...

Is China really that easily blocked technologically? That an electric toothbrush could be blocked for decades, if that’s really the case...

At this time, Douyin has practically become a paradise for negativity; anyone who dares say otherwise is immediately besieged.

In this kind of atmosphere, people who don’t understand the situation don’t dare to participate.

Even those who joined before are starting to back out.

Except for Kuai Pai, almost all other platforms have this kind of vibe.

Some people even bluntly say Kuai Pai is maliciously marketing, urging netizens to participate in the stock market, which would have extremely adverse effects.

Anyway, internet influencers don’t have to be responsible for what they say. Some media workers randomly pick a piece of news, excerpt a few words, and keep questioning, doubting, asking, persisting even to the point of redundancy.

For traffic, for topics, what does conscience count for?

No conscience, more money!

Even for Kuai Pai, Xiangnu feels it’s getting hard to bear; too many accounts are rushing at this topic, willing to risk being muted.

Which shows how much benefit they’ve gained.

It also proves the unprecedented pressure Wanliu Capital faces this time.

But she feels Li Yang seems very relaxed; after dinner, he even chatted with Jiang Banxia about Bitcoin.

In Xiangnu’s view, this couple is just crazy.

One faces enormous external pressure and acts as if nothing’s happened.

The other plays with Bitcoin all day, this blockchain currency banned domestically, and yet its scale is huge.

Although Bitcoin hasn’t been legislated domestically yet, there’s an official statement, what Jiang Banxia is doing is illegal.

Once legislation is enacted one day, Jiang Banxia would be committing a crime.

Both are lunatics!

...

Mid-January.

Thursday market opens.

As soon as the market opened, Li Yang picked a 50 billion market cap company, stirring up the rhythm.

Yesterday, the net asset value of four funds grew by about eight points each, and the stocks held by Wanliu Capital almost hit daily limits across the board.

Today was not quite as good; only two-thirds of the stocks hit the limit, the remaining third only gained about four or five points.

The funds throwing at the dive were still significant, with the daily turnover of the two markets breaking 1.6 trillion, reaching a new height.

Kuai Pai sticks firmly to the emotional bottom line, guiding sentiment to be optimistic about this round.

On other platforms, they’ve even begun to incite users to expose Kuai Pai’s fake marketing on their platform, and then... discovering comments directed their way were simply ignored.

And so, it continued to mid-January, Friday.

By then, Li Yang had much less capital left, only over 3 billion.

After picking a stock, he was forced to sell off part of his position.

Mask stocks! ℯℯ𝑙.

Since before the New Year, mask stocks have doubled, and after the holiday, they hit five consecutive one-tier boards. Although there was still a potential, Li Yang felt it was time to close the curtain.

He held over 10 billion in mask-related stocks. After all, the scale of A-share mask-related enterprises wasn’t huge, and before the New Year, his total holdings were only over 2 billion. In just two months, it quadrupled.

By Friday’s close, Wanliu Capital’s four funds’ net value only grew by six points, with a 44% growth for the week, leading the fund circle.

Funds withdrawn early lost the biggest chunk of the pie, as those who entered initially and haven’t left have already made 145%.

In just a few days, they’ve made 70% less, no wonder those people’s mindset is understandable.

...

Jin Mingyu agrees with the negative discourse on the Douyin platform. As an old investor, he knows well the risks involved, so once he had the funds in hand, he didn’t touch the related stocks at all.