My fintech empire.

Chapter 1061 [Systemic Crisis Resolved]

All matters of SGX are being steadily advanced and improved. Although time is very tight, without constraints and obstacles, the advancement of many matters has become particularly smooth. It is achievable to complete the market opening task in less than half a year. .

After the weekend weekend, Monday, July 7, the A-share market ushered in the first trading day of the new week.

This week is also a critical week, because this week is the time window for futures delivery date.

Today, the two cities opened higher again, and they were still shorted at the opening. Small and medium-sized enterprises once again became the most beautiful young people in the two cities. The plot of "yesterday you ignored them, but today you can't afford it" has been fully staged in the past few days.

A while ago, small and medium-sized startups were miserable, but now they have become the market's favorite. After today's high opening, small and medium-sized startups collectively hit the daily limit. The small and medium-sized enterprises closed the market with an increase of +5.27%, and the GEM index closed at +5.80. % increase is closed.

In addition, the Shenzhen Component Index, which opened higher, broke out of the three-day limit as the stocks of Xingxing Group collectively rose in the afternoon, which also pushed the Shenzhen Component Index on the main board of the Shenzhen Stock Exchange to expand its increase to 5 percentage points and was close to closing. The reason why it failed to close was because of the financial Stocks are falling.

The army of short sellers who were shut down and beaten were forced to take over financial stocks at high prices, especially bank stocks.

While other sectors, especially the small and medium-sized entrepreneurship index, have continued to rise at the daily limit, the banking sector has continued to fall, and today it fell by more than 5 percentage points.

Banks are the core weight of the Shanghai Composite Index, and the decline of banks has also affected the trend of the Shanghai Composite Index. However, even so, the overall trend of the Shanghai Composite Index is still strong today, and it once reached the 4000-point mark during the session.

At the final close, the Shanghai Composite Index closed up +2.39% at 3970.39 points.

With today's closing, it is no longer possible for the short-seller army to form the same joint force as last week. It seems that the trend is over. Because of the liquidation of positions, self-protection of self-protection, and cutting of flesh and blood, the short-seller team was successfully broken up by Fang Hong, and the opponent was defeated. Internal differentiation makes it impossible for opponents to gather together.

After all, they are basically sophisticated egoists and cannot do "anti-humanity" operations like Fang Hong. Why am I fighting life and death with a lunatic like Fang Hong on the front line, but you just stay behind? Being a bastard, even taking advantage and betraying your teammates to save your own life when the situation turns bad?

As long as the short army cannot form a joint force, it will not pose much of a threat to the main rescue forces.

On the following Tuesday and Wednesday, the market ushered in a two-day correction after a strong rebound. The main rescue force repeatedly controlled the execution of recent contracts in accordance with the strategy formulated by Fang Hong long ago, forcing short sellers to continue to cut their flesh.

At this point, it can be 100% confirmed that the short-term forces are no longer likely to do anything in the short term and have been completely controlled.

Some of those who managed to save their lives are now busy licking their wounds and cannot be re-injured.

The small and medium-sized startups that have been in the limelight finally have differences in the two days of adjustment. Fang Hong will no longer care about how the market will go next. However, the 700 billion that came in before will not be withdrawn, at least not this year. , just think of it as water being thrown out.

Thank God for being able to withdraw 200 billion in the end. However, Fang Hong’s operation is not entirely a loss-making transaction. Although the loss of real money will not be less than 500 billion, it has gained unprecedented influence and reputation. , and the reputation value keeps rising.

The influence gained and the "god" status in the minds of investors are enough. Some accounts and some profits will not be directly reflected in real money.

As for the market situation on Thursday, the index bottomed out and rebounded, closing in the red that day with a slight increase of +0.46%. Today, 22 concept stocks under the Galaxy Group also resumed their corrections. The previous corrections on Tuesday and Wednesday were reversed.

A batch of pension funds entered the market one after another within two days of the adjustment. This batch of pension funds is not a rescue fund, but a long-term investment fund. This time when I entered the market, I also found Qunxing Capital to act as an "investment consultant". The answer I gave was of course that I wanted to enter the Qunxing target. They were all in a state of being cut in half. After two days of backtracking, I am now in a very comfortable position to intervene. This is the historical bottom of the galaxy, and it will never reach a new low in the future.

On the last trading day of this week, which is also the futures delivery day, today the two cities once again experienced general gains. The Shanghai Stock Exchange Index rose sharply by +3.51% to complete the recovery. The index closed at 3957.35 points after the market, moving towards the 4000-point mark.

And the 22 stocks under the Galaxy Group also hit their collective daily limit today. The next week will be the highlight moment of Galaxy Group's performance, because the systemic crisis can be declared to be lifted today, and the army of short sellers is dead and disabled. , on the whole, it was a layer of skin peeling off, and no benefits were gained.

From the perspective of relieving the system crisis, this rescue is successful, and the rescue mission given above has definitely been completed.

But from the perspective of the market itself, it is not considered a success, especially from the perspective of ordinary retail investors, because there will be a sharp decline in the future that will further kill the bubble, and also make the index reach a new low, breaking through the 3000 point level. Important integer pass.

For Fang Hong, if it falls below 3000 points later, he has a mentality of not caring about himself. With the SGX controlling whether it is 3000 points or 4000 points, now he is not thinking about the domestic capital market. placed on the SGX.

From now on, they eat in separate pots, and they can toss whatever they like with that pot.

Of course, Fang Hong doesn't completely ignore it, and he will still help by making suggestions and so on, but if you want him to spend real money and money out of his own pocket like he is doing now, I'm sorry, it's impossible.

……

In the following week, the market continued to rebound and successfully reached the 4000-point mark again.

The 22 stocks under Qunxing really stole the show this week, because other stocks rebounded, while Qunxing's index was a collective reversal, showing a unilateral upward trend, and the trend was even more demonic than the previous bull market.

On Thursday, July 7, the market index rose again, breaking through the recent high in one breath. It rose +23% that day to 2.43 points.

The concept stocks of Galaxy Group once again hit the collective daily limit today, leaving investors in both cities dumbfounded. Galaxy Group is the only one that can be so crazy after the stock market crash.

Among them, Toutiao stock has once again become the cosmic leader of the two cities. After the stock market crash, it was cut in half. As of today, it has gone out of the ultra-high-level market for six consecutive days. The stock price closed at 157.63 yuan, with a market value of 1970 billion. It has risen from the lowest point of the stock market crash. It has achieved a cumulative increase of +105.94%, achieving a doubling of the market price, and is only about 20 percentage points away from reaching a record high.

Quantitative capital after the stock split hit the daily limit today, with the stock price closing at 81.39 yuan, with a market value of 11377 billion, returning to the trillion-dollar market value mark. It has risen from the lowest point of the stock market crash to a cumulative increase of +84.78%, and it only needs to increase by 16.9 percentage points. It will break through and hit a new all-time high.

The stock price of WeChat, a sub-new stock, closed at the limit today at 41.62 yuan, with a market value of 9156 billion. It has risen from the lowest point of the stock market crash with a cumulative increase of +77.33%. It only needs to rise by another +8.19% to reach a record high.

Other stocks in the galaxy have either doubled or are about to double, and they are all near record highs.

……

(End of this chapter)