my fintech empire

Chapter 259 [Tyre Protection Case]

But talk about the disk market.

At this time, it has come to around 14 o'clock in the afternoon, and the stock market has fallen below the integer mark of 3200 points. The intraday decline has exceeded 3 percentage points, and there is no sign of stopping the decline.

Fang Hong was scanning the market in the market, and his main funds were locked up for reverse repurchase, and now he has left about 1 million funds to occasionally participate in the market.

Moreover, the 1 million funds were transferred to his personal securities account. Of course, transferring money from an institutional account is equivalent to transferring from the company's name to personal assets, which requires deduction of corresponding taxes and fees to return to the personal account name. Down.

Fang Hong will not have the slightest illegal operation in the tax area, and he should pay all the money without stealing or leaking.

At around 14:04, a stock suddenly hit the daily limit at this time, which is quite eye-catching in today's generally falling market.

However, when Fang Hong just cut the time-sharing market for the stock, he crashed into the water within less than a minute after hitting the price limit of 8.67 yuan.

"Double-coin shares?"

Fang Hong said to himself that Shenwan Industry, which this listed company belongs to, is a basic chemical raw material.

In fact, it is a tire manufacturer. Seeing the name of this stock, Fang Hong quickly retrieved relevant memory information from his previous life, and the company will be renamed Huayi Group later.

The current market value is about 55 billion.

"Double-coin shares, double-coin shares..." Fang Hong looked at the time-sharing timeline of the falling stock price, but he didn't care about the time-sharing trend. Instead, he chanted the name of the company and kept recalling relevant memories in his brain Information, he has the impression that a relatively major event has occurred at this point in time.

After five or six minutes, Fang Hong couldn't help being taken aback.

I remembered.

"The special protection case for tires..." Fang Hong immediately opened the search engine to search for information related to it. After reading it for a while, he nodded and said to himself, "Sure enough, I remember correctly, this is the incident..."

Just on April 4 this year, the United Steelworkers of North America applied to its International Trade Commission for the implementation of the "special safeguard measures" investigation procedure for tires produced in Greater China, that is, to limit the actual quota of tires exported to the United States from Greater China, requiring the annual Imports of 20 million were reduced to 4600 million per year.

Thinking of this so-called "special protection case", Fang Hong quickly recalled more memory information related to it.

If nothing else, in early September this year, Obama in North America will announce immediate punitive tariffs on all car and light truck tires imported from Greater China on September 9.

This is the first special protection case investigation since he took office, and it was announced that it will take effect on September 9.

For the sanction of the special protection case approved by it, the proportions of additional tariffs for three years are 35%, 30% and 25% respectively. Although this tariff is lower than the high tariff rate suggested by the North American International Trade Commission, it is still restricted to be higher than the domestic tariff rate. Consensus expectations around 15%.

In the past two years, about 40% of domestically produced tires have been exported, and one-third of them are exported to the North American market. The export value is close to 22 billion US dollars, accounting for 17% of the consumption in the North American market. Businesses there are also widely opposed.

Because the cost has increased.

Fang Hong remembered that after the punitive tariffs were announced on Friday, September 9, the global natural rubber price fluctuated violently as soon as the news was announced. By the time the natural rubber contract on the SH Futures Exchange opened on September 11, it was locked in by numerous sell orders. The price of natural rubber in the world's three major natural rubber pricing centers also fell sharply.

Fang Hong still remembers that on September 9th, the tire stocks in the two cities failed to escape the clarification of the "special protection case", and their stock prices fell hand in hand. One word limit down, other stocks also generally fell by more than 14 percentage points.

But it's August 8th, which is still early.

Fang Hong put away these thoughts, and included the double-coin stock as optional, and the stock fell back to about 7 percentage points at this moment.

After looking at the market for a while, I decisively started placing orders to buy, but they were all small orders of hundreds of thousands. Once the order was completed, I continued to buy, and occasionally placed a purchase of about 100 million yuan.

The trading volume of this ticket was only a little over 3000 million yesterday, but today it was only about 1.2 million.

Fang Hong planned to buy a few million today to get an early start, and then use it to smash the market tomorrow to quickly drop the stock price to wash the market, in order to buy more chips.

It is a matter of time with a high probability that the double-coin shares will become demons in the future market. There is no trend in the superimposed market, and the market lacks hot spots. However, this "special protection case" has become a new hot spot, allowing the double-coin shares to be discovered by the market.

He said down-to-earth: Hey, I didn't expect you, the sixth child with thick eyebrows and big eyes, to be so powerful?Let the people in Laomei clamor for sanctions, there are some things, although there are not many things, the family (jiu) people (cai) will give me the daily limit, buying double-dollar shares is to support domestic products, all the way up the limit, all the way without stopping.

Anyway, the period before September 9 is the window period for capital market speculation.

After the market closed, the only stock that Fang Hong entered was double-coin shares.

【Position Target: Double Coin Shares (600623)】

[Number of shares held: 8875 lots]

[Average transaction price: 8.45 yuan]

[Current market price: 8.38 yuan]

[Market value of positions: 743.72 yuan]

[Floating profit and loss: -6.28 yuan (-0.83%)]

【Account assets: 1 million yuan】

These tickets were bought for more than 700 million scattered, and they were used to sell the market tomorrow. The market will start soon, and the market can only be sold to attract money. The market is so cruel.

If it is to raise money to attract money, Fang Hong actually doesn't mind raising it, it doesn't matter if he earns ten or eight percent, but he also knows very well that if it is really stupid to raise money, the holders will be reluctant to sell it anyway. Profit pad protection, why not take more and maybe earn more?
This is human nature.

It is a pity to hold on to the chip, so we still have the chip of the hammer?Is it purely to help everyone carry the sedan chair and take over at a high position?

Therefore, the only way to loosen the chips on a large scale is to smash the market and make the holders panic and flee.

Those who can resist the dishwashing are considered awesome, and they should be able to make money.

However, today’s index closing situation, the Shanghai Index plummeted -4.66% to 3112.72 points, with a turnover of 1575 billion; the Shenzhen Component Index plummeted -4.15%, to 12591.66 points, with a turnover of 799 billion. fall.

Compared with yesterday's significant volume drop, it can be seen that many people have begun to shed tears and leave the market.

Fang Hong was about to leave the trading room when Tian Jiayi suddenly stood at the door and knocked, but the door was not closed.

Seeing Fang Hong looking over, she walked in slowly.

Glancing at the beautiful assistant, she was dressed in formal work attire, which was relatively conservative, but the only difference between conservative and sexy was a pair of black silk. If it was paired with black silk, it would be a uniform temptation in minutes.

"Get off work so early today?" Fang Hong smiled. He saw a document in Tian Jiayi's hand. He must have something important to report, but when the beautiful assistant was about to report to work, Fang Hong suddenly said: "By the way, don't buy the Oriental Yuhong ticket yet."

This ticket also fell -4.7% today, and the stock price has reached more than 23 yuan.

Tian Jiayi couldn't help but looked at him suspiciously: "Why didn't you buy it?"

Fang Hong typed a series of transaction codes on the keyboard smoothly, and the K-line chart of Double Coin shares was displayed on the screen. Fang Hong looked back at the assistant and said with a smile: "Tomorrow, you can buy at the limit price of 100 million directly at the opening of the market. "

Hearing this, Tian Jiayi glanced at the K-line chart on the screen, and couldn't help asking curiously: "Will the limit be lowered tomorrow?"

It is worth mentioning that Qunxing Capital is not currently involved in the public offering fund industry, nor does it have a brokerage license, so it is not against the rules to let Tian Jiayi follow the car. Even if it does private equity, it does not engage in the secondary market, but makes funds in the primary market. The market is more about adding leverage.

Taking a step back, even if it is really a violation, it is actually not a big deal, not to mention things that Fang Hong never dared to violate the regulations, and he has made a lot of legal and compliant money, so there is no need to do those thankless things.

"It has to be lowered, and if it doesn't, I'll hit the lower limit." Fang Hong's smile remained the same, and he pretended to be calm and added: "How is it? The boss personally washes the dishes for you and then carries the sedan chair for you. How do you plan to repay the boss? ?”

After finishing speaking, Fang Hong immediately leaned back in the chair and looked at him with a smile.

Tian Jiayi was also slightly taken aback, looking at Fang Hong. After a while, she turned her head and looked away embarrassedly, and said weakly: "What do you want...?"

At this moment, the beautiful assistant's heart couldn't help beating faster, secretly said: [What should I do?Is he finally going to do it?To refuse or let nature take its course? ]
Fang Hong suddenly said seriously: "Oh... I understand what you said, as long as I want, you are willing to give it, right?"

Tian Jiayi was slightly taken aback: "Huh?"

Fang Hong said with a smile: "You owe it first, and you can cash it when the boss wants it."

After saying this, Fang Hong got up from the chair and took the document from his hand, then opened the document while looking at it and walked towards the lazy sofa in the trading room, not giving the beautiful assistant a chance to speak.

Tian Jiayi had no choice but to follow him silently.

The main reason is that Evelee secretly told him that there was a surprise, so he had to reserve enough energy to deal with the maid girl who has been jumping more and more recently, otherwise, he really wanted to find a beautiful assistant to make new shares.

Today's assistant is tomorrow's sister, and the day after tomorrow is a little baby.

……

(End of this chapter)