My fintech empire.

Chapter 1454 [Hard work, the infamy comes to bear]

The French would never dream of the true relationship between the seller and Blue Fox International.

Fang Hong’s strategy was very clear, which was to gradually lure more people in and eventually trap them deeper and deeper. He had already rehearsed the process script in his mind several times.

When the time comes, the Fagua people will throw this investment in, and when they look at the situation, they will see that they are just a little bit away from winning. They have almost exhausted all their strength compared to Blue Fox International, and if they had a little more equipment, they might be able to win.

At this time, Faguaren turned his head and looked at the seller standing next to him. Should he add another order?
Of course it’s added.

Hundreds of billions of dollars have already been invested, and it seems that the situation can be turned around and victory is about to come. As long as they win, all the previous investments can be recovered.

How can I be willing to give up at this time?

Must add!
As a result, an additional order was just added and the goods had just arrived. The seller also revealed a piece of news that Blue Fox International was also following suit.

The French were dumbfounded, but what else could they do? The contract had been signed, the goods had been received, and what else could they do now? They had to bite the bullet and fight. This time, they were evenly matched, and they were about to win but could not win.

What to do? Now that $200 billion has been invested, should we add more?

Before the French man could finish his dilemma, the seller came over with a friendly message saying that Blue Fox International had followed up and the goods were on the way to the express. They had a good relationship, so they were giving you this information as a friendly reminder. It was up to you whether you wanted to follow up or not. Blue Fox International had already gone all in anyway.

The people of Fagua must have been petrified upon hearing this news. They probably realized that something was wrong. They had been fighting with Blue Fox International for a long time, but the sellers on the shore were making a fortune.

I found that both myself and Blue Fox International lost, and only the seller won twice.

At this point, Fang Hong predicted that Fagua would have a private talk with Blue Fox International, and pointed out that the fight between the two sides would only benefit the sellers, which was not acceptable. Otherwise, neither side would buy his products...

If Faguaren really did this and went to Blue Fox International to discuss this matter privately, the result would be that he would be driven away by Blue Fox International and his proposal would be rejected.

Even if the French people burned their brains’ CPUs, they still couldn’t figure out the logic here. They could never understand why Blue Fox International was so “stupid” as to create a lose-lose situation and let the sellers make a lot of money on both ends.

In this case, facing a stubborn guy like Blue Fox International, who would rather let the sellers on the shore make a lot of money than kill you, the French are helpless and have only two choices: either admit defeat and be squeezed out of Africa by Blue Fox International, or continue to bite the bullet and look for sellers to purchase goods, and then continue to fight with Blue Fox International until one of them can no longer afford to fight and falls.

It is foreseeable that the French will be forced to choose to fight back until they can no longer afford to fight and then they may admit defeat and be eliminated.

Because I have already invested so much and am deeply trapped in it, with my sunk costs almost going through the roof, I will never be willing to give up.

The Fagua people now don't understand at all that they are destined to lose this game from the very beginning and there is no chance of winning.

From the very beginning, this was a trap, a trap that Fang Hong tailored for the Fagua people. No matter how the Fagua people played it, they would suffer heavy losses. The more they invested, the deeper they would be trapped. The greater the sunk cost, the greater the loss.

If a Frenchman jumps into this huge pit and drives his Mercedes-Benz into it, only the steering wheel will be left when he comes out.

However, the truth behind this matter will never be known by the French people in this lifetime.

Fang Hong’s goal was very clear. His purpose of setting up this scheme was to wipe out Fa Zi and then kick Fa Zi out of Africa.

In a word, it's a hard way, and the eagle has to bear the infamy, while the stars silently make money with tears.

……

The time has come in June.

Just at the end of July, the Federal Reserve launched its first interest rate cut since 7, and an era of ever-lowering interest rates is coming.

However, just as August began, global stock markets began to plummet. The three major stock indexes in the North and South America fell for four consecutive trading days, resulting in a drop of nearly 8 points at one point. The Nasdaq fell by more than -4% at one point, and the S&P 500 fell nearly -4% at its lowest point during the session. The three major stock indexes all recorded their largest single-day declines of the year.

The decline was mainly led by its technology stocks, with Apple falling more than -5%, Facebook falling more than -5%, etc.

One of the main reasons is that there is an inverted yield curve between 10-year and 2-year Treasury bonds in the country's Treasury market.

As early as a month ago, the market almost unanimously believed that the Federal Reserve would cut interest rates in July. It was previously thought that there would be many interest rate cuts in the future, but this expectation was not met. Another key factor was that Lao Mei took the initiative to visit Dongda to discuss trade issues again, but the discussion ended unpleasantly, and Lao Mei’s people returned two days early.

After the market received this signal, stocks, as risky assets, were sold off frantically, while safe-haven assets such as gold soared.

The most noteworthy thing is that after entering August, the Argentine stock market plummeted by -37% in one day. If calculated in US dollars, the decline was as high as -48%. The Argentine economy was directly ruined, although it was already in a bad state.

During the same period, the A-share market also plummeted. The Shanghai Composite Index fell for four consecutive days in August, breaking through 2900 points and 2800 points. On August 8, the Shanghai Composite Index fell to a low of 5 points, with an intraday decline of more than 2733.92 percentage points.

The Xinzheng 50 Index also ended its four-day losing streak and hit a recent low. The intraday low also broke through the 5100 point mark, reaching the lowest point of 5094.36 points.

However, among the major capital markets in the world, the Xinzheng 50 Index is the most resistant to declines. It has never fallen below 5000 points to hit a new low. The four trading days have closed down -0.77%, -1.24%, -1.27% and -0.86% respectively. On August 8, it fell to a low of 5 points, but finally closed at 5094.36 points, forming a K-line pattern of a golden needle probing the bottom.

……

Just as August began, the market opened with four consecutive losses, and Fang Hong once again turned his attention back to the capital market.

"Has Xingyu Technology's interim results come out?" Fang Hong was having a video call with Qin Feng at the moment, and the other party immediately answered: "The estimated value will be available on August 8, and the final audit results will be available by the end of this month."

Hearing the date of August 8, it means the day after tomorrow. At the same time, Qin Feng added: "However, it is basically certain that the company's net profit in the first half of the year is expected to exceed 8 billion, a year-on-year increase of more than 2350%."

Fang Hong nodded and said concisely: "The performance is good."

Qin Feng smiled confidently and said, "It has been decided internally. The new energy vehicle department has made very smooth progress recently. The 5G license was also issued two months ago. Now it is a question of production capacity. So I decided to hold a special launch conference for electric vehicles this fall, which is next month, and accept customer reservations."

Qin Feng then added: "This year, Tesla opened a super factory in Shanghai, which attracted a lot of attention. We can't fall behind and let Tesla steal all the attention."

Hearing this, Fang Hong said, "You can make the decision on these matters. But during this weekend, let's release the preliminary disclosure of the interim report. The capital market needs to boost morale right now."

Qin Feng nodded: "No problem."

Let Xingyu Technology release the preliminary disclosure of its interim results first to see if that can spur the market. If not, it won’t be too late for the stabilization fund to take action.

The performance of Xingyu Technology is still very impressive. It is extraordinary that such a large scale can maintain rapid growth. With the launch of new energy vehicles, it will definitely be a strong new growth point for performance.

……