106: The public offering application has been approved, and Junlin Ge has been listed on the Dragon and Tiger List in batches!

Looking at the license in his hand.

Wang Lin sighed with emotion: "It truly came at the right time! The Public Fund license actually came through at this moment!"

"Excellent! It seems even Heaven is giving me an opportunity!!"

According to the System's prompt, the next few months leading up to the New Year will see the overall market index trending downward.

Of course, November will also be the last small fluctuation before the bottoming-out phase.

Immediately following that will be the mighty years of 2014 and 2015!

Wang Lin recalled the massive bull market, and the scene at the end of the bull market when Xu Xiang was arrested for shorting the overall market index and going against the National Team.

"He lost himself!"

"Cutting retail investors is one thing, but he even wanted to cut the National Team, and he teamed up with foreign capital to do it. If he doesn't go in, who will?"

Wang Lin sighed.

Was Xu Xiang powerful?

Indeed, he was.

Even if he engaged in insider trading, it still couldn't conceal his prowess.

In this A-share market, who among those who rose to prominence didn't have some access to information channels?

But the reason Xu Xiang was able to succeed—that was his unique quality.

It's just a pity he was too arrogant.

His thoughts stopped there.

Wang Lin stood up and said, "Let's hold a meeting!"

With the Public Fund license secured, Wang Lin could finally display his full capabilities.

Nothing is better than a Public Fund for promoting one's own company.

In the eyes of others, running a Public Fund might be for collecting meager holding dividends, profiting from the spread between low purchase and high sale prices, or supplementary returns from derivatives.

Others, more aggressive, engage in transferring benefits, allocating high-quality assets to specific funds, or engaging in insider trading.

They enter the market early to buy chips, then use the Public Fund as incremental capital for raising the price. Finally, Public Funds take turns relaying the baton, with new funds taking over part of the old funds' holdings. As long as the dispersal is wide enough and the duration is extended,

these issues will cease to be problems.

As for who becomes the final buyer in the end, that depends on the negotiations between the various fund companies.

In later years, they even leveraged market conditions to package performance, market Fund Managers into fan-dom idols, create investment super-teams, and ultimately, manufacture gods!

Examples include Pharmaceutical Ge Dama, Liquor Kunkun, Semiconductor Cai Gou, and others.

Wang Lin understood all these things.

Precisely because he understood, Wang Lin would also proceed in this manner.

He would only operate one Public Fund personally, but this one would be slightly different from what most people expected.

Wang Lin intended to build this Public Fund into his ultimate flagship fund—a fund that could cross bull and bear markets.

For sectors like pharmaceuticals, liquor, and semiconductors mentioned above, things were fine when prices rose; they were called Goddess Ge, Kunkun, and CEO Cai.

But what if they lost money!?

Sorry, but Ge Dama, Kun Gou, Cai Gou, and others, become their titles.

Especially Cai Gou, who would later be called Cai Mou and end up 'stepping on the sewing machine' (going to jail).

Ge Dama and Kunkun were also forced into 'lying flat' (passively accepting losses).

But Wang Lin was different. Knowing which sectors would rise during which time periods was as easy for him as eating and drinking.

Wang Lin was currently considering how to execute this.

The rules of his Public Fund were fundamentally different from everyone else's.

Because to make a name using a Public Fund, the most crucial thing was to ensure the Fund Investors made money.

Wang Lin thought long and hard about how to make the Fund Investors money and finally came up with a solution.

"Yuanyuan, go prepare the application for Junlin Finance's first Public Fund and submit it to the exchange, doing exactly as I instruct!!"

Saying this, Wang Lin whispered a few words into Li Yuanyuan's ear.

What she heard left Li Yuanyuan dumbfounded.

She stared blankly at Wang Lin, feeling for the first time that a Big Boss truly was willful!

"What, you don't understand?" Wang Lin asked with a smile, looking at Li Yuanyuan, who was frozen in place.

Li Yuanyuan quickly shook her head and said, "I understand! But I don't grasp the reasoning!"

Wang Lin only said one sentence: "Rarity makes something valuable! Can something easily obtained be called a good thing?"

Although Li Yuanyuan could understand Wang Lin, she was reluctant to part with the fund that had been painstakingly developed: "But if you do this, won't the fund be ruined?"

Wang Lin smiled and said, "Ruined? Impossible. I'm not relying on the Public Fund to make money; it's just for reputation, and incidentally, a small benefit for the lucky few!"

...Over at the exchange.

After seeing a certain Public Fund application submitted by Junlin Finance, they were also stunned.

Old Xiao, the one in charge, stared at the fund and muttered, "Junlin All-Powerful Mixed Stock Fund, a stock-focused fund. The risk preference is quite high, but that's normal."

"But you clearly state the restricted purchase amount right from the start, with a maximum of only 100,000. What kind of game is this?"

"This is truly interesting!!"

And if he knew that Wang Lin not only wanted to limit the purchase amount but also the purchase time, turning it into a special closed-end fund...

...a fund where one could redeem and exit at any time, but could not buy back in while he was in charge.

This wasn't a Public Fund; it was clearly a small Private Equity Fund disguised under the skin of a Public Fund.

"Forget it. Let me see what this kid can stir up!!"

Normally, the raising of a small Public Fund would never require Old Xiao's approval.

However, his impression of Wang Lin was quite deep.

A Hot Money operator who rose up in an inland city and managed to grow his capital volume to 10 digits in just a few months.

Furthermore, according to his own intelligence channels, Wang Lin had no backing and no insider information.

This made it even more interesting!

Especially in the last two days, he had reviewed the trading records of all of Wang Lin's holdings.

He had actually started positioning himself in the Home Appliance Sector and the military industry sector half a month in advance.

These two sectors were not the Defensive Sectors that normal people would choose to buy into.

At this critical juncture, Wang Lin was discreetly accumulating shares on a large scale.

The meaning was clear: Wang Lin had long been bearish on the overall market index.

"Truly interesting!"

Wang Lin's series of actions had even attracted the attention of the exchange's leader.

For a stock-type fund product like Wang Lin's, the application could be completed in about 10 days at the very latest.

After submitting the application, Wang Lin stopped paying attention, planning to start promotion only after the approval was finalized.

Currently, he was still focused on the stock market.

The overall market index flash crash certainly wouldn't end in just a day or two.

Just in these two days, Wang Lin once again activated the seat belonging to CITIC Securities Zheng County Huaihai Road Branch.

In such a chaotic situation, blue-chip stocks flash crashed, and major drops were seen in Kweichow Moutai, Yili Shares, and others.

The media sector saw mass limit downs.

However much profit was enjoyed earlier, those who hadn't gotten out now would suffer equally severe losses.

Conversely, the Defensive Sectors that had previously been ignored,

were finally remembered by Stock Investors.

Especially,

on the dragon and tiger list that afternoon, the long-absent Brother Junlin surprisingly reappeared.

In the military industry sector's mass Limit Ups today, Brother Junlin's presence was surprisingly seen on the buyer lists of stocks like Zhongyuan Special Steel, Northern Navigation, and Hualichuangtong.

And in the Home Appliance Sector, Brother Junlin's presence also appeared in stocks such as Fenda Technology and Robam Appliances.

This was the first time Brother Junlin had swept up goods and appeared on the list so frantically!!