"1088.6 yuan" was the lowest closing price after the auction ended!
Book stared blankly at the price before him and the notification of the successful bidder.
Over 10,000 funds were sold at this minimum price after only 20 minutes of bidding. This was an absurd price, as the funds sold yesterday for 1056 yuan were bought back today for 1088.6 yuan. With one buy and one sell, Western Mustang Fund made a net profit of 88 dollars.
Yes, 88 dollars net profit, because they bought funds valued at 1000 dollars, not funds already worth 1056 dollars.
It is important to note that this 88 dollars is entirely separate from the profit recorded by the fund itself. The fund's recorded profit has nothing to do with Western Mustang Fund; it belongs to the fund purchasers. The fund only collects a small portion as management fees and commissions.
However, this 77 dollars is a genuine net profit for the fund company.
Of course, considering Western Mustang Fund's past performance, the 1000 dollars might eventually become worth 1200 dollars or more. But this is uncertain. Who knows if it might fall back to 800 dollars again?
Regardless, the total net profit of 880,000 dollars from these 10,000 funds indisputably belongs to Western R&D Fund.
Oh, wait. Besides the 88 dollar price difference, Western Mustang Fund also charges a 3‰ transaction fee, which is about 3 dollars.
Of course, this amount is negligible compared to 1088 dollars, but for 10,000 units, it's 30,000 dollars.
Furthermore, those who sold the funds yesterday also had to pay this 3‰ fee. This means a total of over 60,000 dollars in fees from both sides, which is also a clear net profit.
In summary, Western Mustang Fund hit the jackpot, making over 900,000 dollars in net profit from a single auction, and such auctions happen daily.
Although due to special fluctuations, there might only be one or two days a month with such high income, even if the average daily net profit is only 300,000 dollars, it would still add over 100 million dollars in net profit annually, and this is solely from the new auction policy.
Western Mustang Fund felt they had won big, and those who bought the funds also felt they had won big, having acquired funds with at least a 20% potential future growth for only an 8.86% higher price. Wasn't that a win?
Those who held onto their funds also felt they had won. Although the published profit rate on the second day remained at 5.6%, with no increase from the previous day, the market was willing to buy at a price exceeding 8.86%. This meant the actual value of their funds had increased by another 3.2%. Wasn't that a clear win?
Even those who sold their funds felt they had won. Firstly, they had indeed earned an extra 5.6% profit. Secondly, they had witnessed the significant volatility of the fund again.
So, while they missed out on some gains due to operational errors this time, it was not a problem. As long as the fund fluctuated, they would have continuous income.
Those who sold were currently watching Western Mustang Fund's data closely. As soon as they noticed the fund price falling, they would immediately buy back in, and play the low-buy-high-sell short-term trading game again, ensuring they won big!
Besides these four groups who actually participated in the transactions, there was another group who felt they had won big: the spectators.
Although only 10,000 units of funds were ultimately sold this time, according to backend statistics, the total number of users who stayed on the auction page exceeded 7 million, with 2.1 million users actually participating in the auction.
This means that less than one-third of the people present actually participated in the auction; the remaining two-thirds were onlookers.
So, what were these onlookers doing?
They were, naturally, spectating!
Alright, enough with the nonsense. These onlookers could be divided into two types: the ordinary curious observers who were stunned by the fund's hot sales. Although they didn't buy at the time, it was mostly because they lacked funds. So, they decided they must find an opportunity to enter the market in the future. Wasn't this like printing money?
And besides the general onlookers, there was a much smaller group: the Wall Street financial elites. With the launch of this online fund, major Wall Street institutions had issued strict orders to their subordinates to closely monitor Western Mustang Online Fund, investigate detailed data, and see if their companies should also enter the market.
Then, these financial elites responsible for observation and recording were completely dumbfounded. While ordinary people were just watching the excitement, these financial elites could see the terrifying profits behind it.
Especially the net profit earned through the auction method made these financial elites feel their bodies tremble slightly.
The most hated thing for these institutions was probably distributing money to users, while the most liked thing was pure profit that belonged only to themselves. And this method of collecting surplus pure profit through auctions was the most favored operation of countless financial institutions.
These onlookers immediately wrote reports on everything they saw today and submitted them. It was believed that within a few months, a vast number of online funds would be listed.
However, all of this had little to do with our Boss Huang. He glanced at the report from Western Mustang Fund and then set it aside.
He had more important matters to attend to: accompanying Hu Jing for her prenatal check-up.
That's right, Hu Jing was pregnant, and there was no doubt that the child in her womb belonged to Huang He.
Since transmigrating to this world, Boss Huang had developed a bad habit: he disliked using condoms.
With Leng Zhiruo, due to her special constitution, there was no need for such things. In fact, Leng Zhiruo dreamed of having her own child, but it was impossible.
As for Leng Zhiwen... she also voluntarily stated that Huang He did not need to use condoms.
It wasn't that Leng Zhiwen wanted her own child. Well, she didn't plan to get pregnant before the age of 30 because Leng Zhiwen hadn't finished filming enough. Pregnancy would be too disruptive.
However, Leng Zhiwen took medication. Leng Zhiwen had been taking a type of traditional Chinese medicine passed down from her master, which was used to strengthen bones and muscles. This was also one of the reasons Leng Zhiwen possessed superhuman physical fitness.
It's just that this medicine was originally intended for men. When used on women, it produced some not-so-good side effects, such as contraception.
Neither Boss Huang nor Leng Zhiwen understood the principle, but according to Leng Zhiwen's master, after taking it, pregnancy would be impossible for up to half a year.
However, after stopping the medication, waiting for about six months to a year would restore fertility. This was based on the experience gained by Leng Zhiwen's master's family over hundreds of years of practice, and it was very reliable.
So, Leng Zhiwen didn't need it either. Since these two didn't need it, Boss Huang naturally didn't use condoms much, as he wasn't accustomed to them!
Of course, Boss Huang occasionally used condoms when he was "foraging for wild food." After all, it would be troublesome if someone came knocking with a big belly, and besides, who knew if the other person had any diseases? What if he got infected?
However, precisely because of this, Boss Huang was exceptionally self-disciplined. In his entire life, he had engaged in "foraging for wild food" fewer than a handful of times, mainly because wearing condoms was uncomfortable, and Boss Huang disliked it.
After establishing a long-term, stable relationship with Hu Jing, Boss Huang naturally put the condoms aside. Although Boss Huang didn't particularly want a child, condoms were a terrible thing. After using them a few times, Boss Huang became annoyed and eventually stopped caring.
At worst, he would have a child. He wasn't unable to support one. And then Hu Jing got pregnant.
Our Boss Huang was responsible and directly took Hu Jing to a hospital for her prenatal check-up. This was a private hospital in Yaodu. A few days prior, this hospital had announced that it would be closed for a day, and most of the doctors and nurses had been let go.
Only a few of the most professional and most tight-lipped obstetrics and gynecology senior directors remained to conduct the prenatal check-up for Hu Jing and Boss Huang.
Huang He's personal secretary being pregnant and Huang He personally accompanying her was huge news, the kind that could break the entire Chinese media. Therefore, this matter needed to be kept confidential. These doctors were also required to sign confidentiality agreements, but after signing, each would receive 100,000 yuan in compensation for their secrecy. If they leaked information, they would have to pay 1 million yuan in damages. It was believed that none of them would be foolish enough to do so.
During the examination, Hu Jing remained silent, and Huang He maintained his silence. After a while, they received the test results.
She was 7 weeks pregnant, and all data were very normal. There were no genetic risks in the DNA, so this should be a healthy child.
"Boss, do you regret it?" Hu Jing looked at her man and said expressionlessly. After all, given her special status, she could probably only be considered a mistress at the moment.
In fact, Hu Jing had long guessed the subsequent plot. Initially, Hu Jing would have thought that this man would force her to have an abortion. But the fact that he came to accompany her for the prenatal check-up clearly indicated he had no intention of that. He would likely let her give birth.
This was also normal. This man was already 30 years old, yet he still had no biological children. Such a large family business needed an heir.
But if that were the case, Hu Jing's own situation would become very precarious. Hu Jing knew very well that she was essentially the "other woman." According to ancient customs, her child would be considered illegitimate.
If there were older brothers before this illegitimate child, it wouldn't be much of an issue; they would be raised discreetly. But now, this was the eldest son. The Leng sisters seemed to have no ability to conceive. Then, her child might be the sole heir.
If the Leng sisters found out about this news, Hu Jing didn't know what the consequences would be. The most likely outcome would be that she would be permanently sidelined, and her child would become their child... Isn't that how it always happens in TV dramas?