Film and Television World Life Record

Of course, he's not usually like this. In terms of both skills and abilities, he's top-notch in the entire department, an absolute pillar of the elite.

However, this job is quite good under normal circumstances. The pay is good, there is room for advancement, and it's not too busy, which is something many people would dream of.

However, he is destined to become a business tycoon. Staying here, even if he tries his best to climb the ladder, he will at most be the CEO of Xinchao Technology, still just an employee.

Nothing beats starting your own business.

When Li Mu thought about starting a business, he thought of ByteDance, one of the future internet giants in the real world, but that world has not yet emerged.

Is this an opportunity for him?

Putting aside other businesses, you could try working on Toutiao and Douyin!

Especially Douyin, due to hardware and data cost limitations, is currently in the early stages of development as a short video platform.

In 16, 17, and 18, with the government's call for faster internet speeds and lower fees, data charges decreased further and internet speeds improved, short video platforms began to flourish and started to develop rapidly.

It's only March 2015 now, a perfect time to enter the market.

Li Mu made a decision instantly: to start his business from this angle.

However, as the business system matures and competition among internet companies intensifies, the barriers to entrepreneurship are constantly being raised.

Especially for short videos, the entry barrier is even higher. They require a lot of server resources. Without tens or hundreds of millions of yuan in start-up capital, you can forget about starting a business. Even the best ideas will be useless.

Li Mu is now facing a problem he has encountered in other worlds: where to get his first pot of gold.

This kind of problem is not difficult for him. Because it is highly similar to the real world, there are relatively more opportunities for speculation in this world.

Li Mu searched for virtual currency and found that it did exist in this world, but its name was different from that in the real world, and he naturally did not know its future development trajectory.

Looking at the prices, they've recently experienced a surge, so entering the market now might just make you a sucker, and I'm immediately ruled out.

I checked the stock market again and found that Moutai is listed, with a market value of only about 300 billion yuan. However, the investment cycle is too long, and by the time you make money, it will be too late.

After looking at a few more companies whose stocks were similar to those in reality and had high potential for future growth, Li Mu shook his head. The same problem persisted: the investment period was too long.

Li Mu opened the financial news app and began browsing page by page, hoping to find a suitable speculative opportunity.

Suddenly, he turned to a news page, and his eyes lit up.

"Storm Video will officially list on the A-share market on the 24th of this month."

The name "Storm Video" struck Li Mu like a bolt of lightning. Among domestic stock investors, there are probably very few who don't know about Storm Video, this monstrous stock.

Although it eventually failed, Li Mu still has a deep impression of this company that created a legend in the A-share market, and has seen a lot of news about it.

On March 24, 2015, Baofeng officially listed on the A-share market with an issue price of 7.14 yuan. It then experienced 3 consecutive daily price limits. But that wasn't the end. After a few days of adjustment, the stock price rose again.

It eventually became a legend in the A-share market.

The stock price rose from 7.14 yuan to 327 yuan, an increase of 44.8 times, setting a new record.

This has left countless investors sighing with regret, as they missed out on the opportunity.

This opportunity allows even small investors who win the lottery to reap substantial profits. Each winning lottery ticket contains 500 shares, priced at 7.14 yuan per share, requiring a payment of 3570 yuan.

If you sell when the price reaches 327 yuan, the market value will be 16.35 yuan, and you can make 16 yuan from winning a single subscription.

However, this is theoretical; for small investors, very few can hold onto a stock for that long.

Many people who are more conservative in their operations will sell their shares on the first day after a new stock is listed, as long as they can make a small profit or the stock hits its daily limit.

The real big winners are institutional investors and some speculative funds.

Li Mu studied the development trajectory of Baofeng Player and found that it was very similar to the real-world Baofeng Player in many ways, even the listing date was the same, March 24th.

This made Li Mu realize that this might be an opportunity. If he could seize it, he could earn his first pot of gold in his entrepreneurial endeavors.

What if something goes wrong and the market doesn't experience the kind of surge that happens in reality?

Li Mu wasn't worried about this. The issue price of Baofeng Video wasn't high, and even without any funds speculating behind the scenes, it would be difficult for the price to fall below the issue price, so he wouldn't lose money.

Moreover, if Li Mu remembers correctly, there have been two major bull markets in the A-share market. The first was in 2007, and the second is now in 2015, which is currently underway.

In this bull market, no matter what company you buy into, you won't lose money.

Moreover, given that Baofeng is a star stock on the ChiNext board, how much capital will flow in to speculate on it during this bull market?

This is also the basis for Baofeng's recent surge, riding the wave of a once-in-a-decade bull market.

Having finalized his plan, Li Mu patted his head, realizing that today was already the 18th, and there were only five or six days left until Baofeng's IPO on the 24th. It was too late to subscribe to the new shares.

Therefore, it's crucial to enter the market on the first day of Baofeng's IPO. Since the future is uncertain on the first day, many small investors will sell their shares, making it a good opportunity to accumulate shares.

Once the momentum of the big speculative stocks becomes apparent in a couple of days, it will be difficult to enter the market.

The most important thing next is to raise funds, which is not difficult. He has some funds on hand, and the house in Ode to Joy can also be used as collateral for a loan.

However, it's unlikely that these major domestic banks can complete the mortgage process in just a few days.

Li Mu consulted online and found that many people recommended Ping An Insurance. Although the interest rate was a bit high, the loan disbursement was fast and the loan amount was high.

Li Mu contacted Ping An by phone and made an appointment to go there in the afternoon. After getting off work in the morning, Li Mu took half a day off, went home to get the property certificate and various documents, and went to Ping An.

Things went smoothly. Li Mu's house is now worth over four million yuan, and Ping An offered a loan of three million three hundred thousand yuan, promising to disburse the loan within three days.

Li Mu readily signed the mortgage loan agreement.

……

Two days later, the 3.3 million yuan was officially disbursed, which, together with the 300,000 yuan in his account, brought the total to more than 3.6 million yuan.

At the same time, Li Mu also submitted his resignation letter, which will take some time to process. In order to focus on stock trading, he has already taken leave for the past few days.

As the economic center of the country, Shanghai is a hub for securities firms, with countless companies of all sizes.

After filtering through the options, Li Mu chose Huaxin Securities, a large domestic securities firm. There happened to be a Huaxin branch nearby, so he took a taxi there directly.

When I arrived at the destination, I was stunned by the huge crowd. There were just too many people!

However, if you think about it carefully, how could such a bull market in A-shares have been created without so many people participating and so much capital flowing in?

Chapter 104 Setting the Stage and Entering the Scene

So Li Mu joined in, discussing the recent market trends with everyone, marveling at the market's heat, and gaining a deeper understanding of the mentality of ordinary stock investors, which would facilitate his next move and allow him to profit from their losses.

As soon as he opened his account, someone recommended off-exchange margin trading to him after hearing that he had a large amount of capital.

This reminded Li Mu of a news report he had once seen, which mainly introduced the major bull market in 2015. He could hardly remember the details, but he did remember that the experts called this bull market a "leveraged bull market," meaning that this bull market, or bubble, was inflated by various securities firms, stock investors, and margin trading companies using leverage.

Besides the leverage within securities firms, it is said that at its peak, trillions of yuan flowed into the stock market through off-exchange margin financing.

It was these rounds of leverage that completely fueled this bull market, which is also known as the "leveraged bull market."

There are many reasons for this, one of the main ones being the current lax regulation. Major securities firms and margin trading companies rushed to enter the market, increasing leverage for stock investors, and various margin trading and securities lending permissions were issued indiscriminately. It wasn't until the government took strong action in June or July that this bull market came to an abrupt end.

Then, the market plummeted, resulting in nine instances of over a thousand stocks hitting their daily limit down. Countless investors were trapped, and many faced margin calls, a truly tragic scene.

Therefore, stock trading requires caution, and leverage should be used as little as possible unless you can predict the market trend.

……

Hearing that he could obtain financing from off-exchange sources, Li Mu was quite interested. He wanted to understand future trends and have as much capital at his disposal as possible.

After speaking with staff from the securities firm and the margin trading company, Li Mu learned more details.

Many large securities firms in the world choose to cooperate with several reliable margin trading companies, and Huaxin Securities is no exception. The margin trading companies they cooperate with all have funds in the tens of billions of yuan.

Li Mu considered that as Baofeng's stock price rose in the future, the value of his stock holdings would also increase. Holding too many shares would easily attract attention, so it was better to keep a low profile.

Ultimately, the decision was made to diversify risk by spreading funds across multiple securities firms and their partner margin trading companies. This approach mitigated some additional risks and reduced the amount of attention the funds would receive.

Over the next two days, Li Mu tirelessly visited seven large securities companies, including Huaxin Securities, and their partner margin trading companies, signing margin trading agreements. In accordance with the margin trading companies' requirements, a dedicated margin trading supervision account was opened.

With 500,000 transferred into each account and leveraged five times, the total becomes 2.5 million. Including the principal, each account has 3 million available funds.

There are a total of seven accounts, with a total of 21 million funds that can be mobilized.

I've heard that some small margin trading companies even dare to offer leverage of up to ten times, giving you a million yuan in leverage on a principal of 100,000 yuan. But the risk is too great; even a slight fluctuation can lead to a margin call.

Larger, more reputable margin trading companies are less likely to engage in such extreme practices, as they don't just aim to make a quick buck and leave; they need to consider long-term interests and consequences.

Li Mu's five-fold leverage is already quite good.

……

Time flies, and it was March 24th in the blink of an eye. At nine o'clock in the morning, Li Mu was already prepared in his study.

The stock trading software of the seven brokerage firms were also opened and prices were set, waiting for the opening auction to begin at 9:15.

Time ticked by, and Li Mu stared intently at the screen, knowing the future trajectory of Baofeng Player. He wanted to cherish every second and be among the first to enter the market during the opening auction.

As the time officially reached 9:15, the stock market's opening auction began. Baofeng Technology's issue price was 7.14 yuan, and Li Mu immediately placed an order at the upper limit of 7.85 yuan, buying in with all his funds. One hundred shares were one lot, totaling 3821 lots.

After placing the first order on the software, Li Mu clicked on the next one. Within forty seconds, he clicked on seven software programs in a row, placing orders for 21 million yuan at the daily limit up price, totaling 26747 lots of trading applications.

After all these operations were completed, Li Mu finally had time to check the opening auction situation of Baofeng Video. Within forty seconds, the total number of sell orders had reached 76,000 lots and was still rising rapidly.

Li Mu breathed a sigh of relief, secretly thinking how lucky he was. If he had been even a minute later, it was hard to say whether he would have been able to get in today.

By 9:17, the rate of increase in sell orders gradually decreased, and a number of sell orders were gradually put up.

As for why there were so many buy orders for the stock to hit its daily limit, and why Baofeng Technology's momentum was so strong, there were still so many sell orders. It wasn't that they couldn't see those buy orders for the stock to hit its daily limit, but rather that they were afraid of being scammed.

The call auction has three time periods. The first time period is from 9:15 to 9:20: you can place orders and cancel them.