My fintech empire.

Chapter 1420 [On how Ah Mei pushed herself to a dead end step by step]

In fact, when Tian Jiayi received the news, she judged that it must be false, but she still wanted to confirm it. She knew very well that Fang Hong would never reply to netizens in private messages on Weibo. She didn't even know who the people in the virtual network world were.

Moreover, how could Fang Hong respond to such a matter in his capacity? How could he possibly say such a thing? Such a matter could only be announced by the SGX.

Although there is no doubt in the outside world that the top-level design of the SGX market was created by Fang Hong and it has become an open secret in the industry, rumors outside are one thing, but if Fang Hong himself admits it that is another matter. If the screenshots that are circulating online are true, doesn't that mean he has admitted it himself?
It is obviously impossible for Fang Hong to admit such a thing. Many things can be known but not spoken out.

Finally, Fang Hong called back: "I think the SGX is also at a loss. Please say hello to them. I will post a message on Weibo later to refute the rumor."

After the two parties ended the call, Tian Jiayi later called the Singapore Exchange. They also judged that the screenshot was fake, but because they knew that Fang Hong liked to post comments online, they could not be completely sure.

Although the possibility is very low, it does not mean it is impossible. Now that we have communicated over the phone and confirmed it, I feel relieved.

At this moment, there were still ten minutes left before closing time, but Fang Hong threw the phone aside as soon as he ended the call, obviously not intending to post a blog post to refute the rumors immediately.

Because, there is no time now.

These rumors appear every other day. Every time one comes out, we have to refute it in time. Otherwise, we will not be able to live.

But at this moment, Lin Yun, who was sitting next to Fang Hong, saw Fang Hong hung up the phone, and without waiting for him to say anything, she concentrated on doing her own things again.

It seems that the consolidation period has ended, and what follows is that the up and down amplitude fluctuations are amplified again. Such a large high-frequency amplitude fluctuation must be accompanied by high-frequency repeated high-selling and low-buying, as well as the release of volume...

At the same time, Lin Yan moved slightly behind Fang Hong's head and just glanced at her.

The next second, a long black line was seen falling. Fang Hong's eyes went dark. He was caught off guard and was trapped. It didn't take long for the energy to be released.

……

After 15: p.m., the three major trading markets closed as scheduled, and the three major stock indexes ended in the green.

The SSE 50 Index once again crossed the 4400 point mark in late trading, and closed up +1.28% at 4402.99 points after the market, with full-day trading volume further increasing to 9228 billion; the Shanghai Composite Index closed up +0.72% at 2533.09 points after the market, with a turnover of 1455 billion; the Shenzhen Component Index rose +1.58% to 7400.20 points, with a turnover of 2018 billion.

The total transaction volume of the three major markets was 12701 trillion yuan, an increase of 1140 billion yuan from yesterday.

At around 16 p.m., Fang Hong, who had already finished his SPA, reposted the viral screenshot on his Weibo account and attached two words: Fake!

At the same time, he added in the comment section:
[Relevant information shall be subject to the official or designated media of SGX, and all other information sources shall be regarded as false information]

Now the case is solved, it turned out to be fake.

In fact, most people thought that the screenshot was fake, so it was not surprising that Fang Hong posted a blog post to refute the rumor. It was even expected.

Even though most people believed it was a fake chart, the SGX 50 Index was able to strengthen in the late trading session. The main reason was that the spokesperson of the SGX press conference in the morning did not use keywords such as "untrue", which made the market imagine a lot.

As for the screenshots that went viral on the Internet in the afternoon, at most they just provided a little assist.

However, the market correction the next day was attributed to the fake chart news. On Tuesday, the Xinzheng 50 Index corrected by -0.40%, and there was no sharp decline.

Immediately on Wednesday, the three major stock indexes opened higher and closed higher in the morning. The SGX 50 Index once expanded its gains by 1 percentage point, but fell back in the afternoon and finally closed at +0.67% at 4414.54 points. The trading volume of the SGX market also further increased to 9433 billion.

The daily K-line formed a naked upper shadow line, and the decline was within expectations, because there was pressure in the upper range of 4450 points to 4550 points, and there were relatively many trapped shares here.

Judging from the graph, the Xinzheng 50 Index currently has two pressure points. One is the current historical high, which is 9 points on September 26 last year, and the other is the second highest point of the rebound, which is 4582.78 points on November 11 last year.

In the following days, the three major stock indices of the A-share market all showed a volatile upward trend. Overall, the SGX 50 Index performed stronger. Although the trading volume of the SGX market did not further expand to achieve a single market exceeding one trillion yuan, the daily volume remained above 8000 billion yuan.

The trend of the Xinzheng 50 Index also showed a step-like upward trend. The K-line graph showed that the positive line was larger than the negative line. After rising for one day and then falling back for one or two days, it pulled out another larger positive line.

……

New city, a peaceful place to live.

At this moment, Fang Hong was staring at the current date in silence. He was thinking about a big thing, which was the black swan that would break out between the end of this year and the beginning of next year, that is, the mask incident.

No one knew at the moment, but Fang Hong knew very well that this was done by Lao Mei. In the previous life, after Lao Mei was gone, some things were declassified in advance. In fact, before the declassification, everyone had a general idea in their minds, but at that time Lao Mei still had the overlord Yuhui, and there was nothing they could do about it even if it refused to admit it.

The mask issue came up because Lao Mei realized that he had no other tricks. He was not the opponent for Tokyo University in a head-on confrontation and he didn't dare to do so. He had tried a series of tactics including the MY War, the JR War, and the KJ War, but still failed to defeat Tokyo University. That's why he started from the field of biotechnology.

But Lao Mei did not expect that he would go too far and open the magic box, but he was unable to control it. This move not only failed to bring down Dongda, but also caused the entire Western Region to suffer even more miserably.

It must be said that the issue of masks is a turning point in world history.

It is said to be a turning point because after this incident, the series of chain reactions caused by this incident eventually backfired on Magnesium itself. After this incident got out of control, it caused a bloody collapse in global stock markets, especially the magnesium stock market, which experienced four major circuit breakers in one month, which was a devastating market collapse.

The significance of magnesium stocks not collapsing is just like the significance of the real estate market not collapsing, so magnesium must pull the stock market back, otherwise it will collapse along with the stock market in advance, so it has to start unlimited quantitative easing and print money like crazy to try to make the whole world pay for it.

However, such unlimited money printing has brought about another bad consequence, that is, the debt of the prison has expanded exponentially. The debt ceiling set by itself has been broken repeatedly, like a toy. After breaking it 0 times, it has been broken N times. As a result, in just two or three years, the debt has soared to 35 trillion US dollars. Not to mention paying off the debt, even the interest generated each year cannot be paid back.

Those around the world who hold US dollar debt have gradually realized that even if the earth exploded, the Chinese would not be able to pay back the money. With debt expansion to this extent, it is almost impossible to borrow new money to repay old debts, because this is a poison to quench thirst, the side effects are getting worse and worse, and the effective period is getting shorter and shorter.

Because of the pressing debt problem, the United States urgently needs to harvest the world to pay the bill. In order to make capital return to North America with the harvested wealth, it began to plan the Wook Lan crisis, hoping to make European capital flee to North America.

That was indeed the case at the beginning, but Lao Mei never expected that the other part would run to the Eastern World...

This further cascaded and caused new problems. From Lao Mei's perspective, he kept trying to remedy the situation, but each time he tried to remedy the previous problem, he created a new problem. Then, in order to remedy the new problem, he created a new problem. This cycle continued, and each one was worse than the last...

The entire chain of cause and effect explains how Lao Mei, step by step, drove himself to a dead end by committing madness.

At this moment, Fang Hong had already made up his mind, and thought secretly: "The mask issue must be stopped to ensure that the mainland as a whole is not affected."

As for overseas, if Lao Mei wanted to commit suicide, then let him do it. And speaking of it, if Lao Mei didn't commit such a big move, he wouldn't suffer such a big backlash, and maybe the collapse wouldn't be so fast. From a standpoint, Fang Hong hoped that Lao Mei would commit such a big move and suffer a backlash.

……

(PS: I wish all book friends a happy Dragon Boat Festival~~~)