My Fintech Empire

At this moment, the opponents are celebrating and opening champagne. Basically, no one is thinking or worrying. Even the Squid Capital Group is very excited. A very important factor is that they are too eager for this day to come.

In the past years, they have been repeatedly defeated in the game with Fang Hong or the Qunxing Group.

Now they are finally going to win a big victory. They don’t even want to think about it. Now they just want to win this time. How can they accept failure again?

They don’t even want to think about this problem. They just want to win hard. For them, this is a long-awaited moment, a scene they dreamed of before.

Here, champagne is being opened and reveled, while the billions of stocks in the A-share market are panicking. All major stock forums and communication groups are wailing.

[It collapsed, the sky collapsed and the earth cracked! ]

[Stock market crash! Absolutely epic stock market crash! ]

[The floating profit accumulated in three years lost 70% in three days. I want to curse in the street...]

[Don’t fall, please don’t fall, if you fall again, you will lose the principal! ]

[Is the five-year long bull market of SGX going to end? ]

[It's so miserable. SGX 50ETF took the profits earned over the years and played individual stocks. It was cut in half in three days, and the ETF also retreated sharply. ]

[It's so f*cking scary. It's more terrifying than the plunge in March last year. ]

[This explosive market is catching up with the one-sided explosion in August 2015! ]

[It's much scarier than that time. At least the daily limit was 10 points back then. Now the daily limit of individual stocks in SGX is 20 points, and it's been falling for several days. ]

[I have never seen such a tragic market in more than ten years of stock trading. There is no rebound, not at all. ]

[It should be the bear market cycle. 12057.88 is the universe top. ]

[Where is the bottom? Where? I was trapped after three bottom-fishing. I cried to death! ]

[Bulls don't talk about the top, and bears don't talk about the bottom! ]

……

At this moment, while the market plummeted, the opponents were not idle either, and the outside world was also exaggerating panic.

At this time, a group of public intellectuals who had been holding back for a long time were no longer silent. Some experts who could not bear to see the good market of the SGX had been shouting in the past few years that the SGX could not rise, and the risks came with the rise.

They are now happy and have jumped out, with a look of sneer and sarcasm, as if I knew it would be like this.

All kinds of demons and monsters jumped out at this time, adding insult to injury, and were indescribably happy and proud. The annual drama was being staged both inside and outside the market.

At 15:00, the market closed, and the SGX 50 Index once again walked out of a big bald and barefoot negative line, and the closing price was the lowest price of the day. It plummeted by -8.12% that day, closing at 8849.21 points, and the turnover of the SGX market increased to 2043.1 billion.

All technical indicators have become invalid in this current market, and they all failed.

The Xinzheng 50 Index has fallen unilaterally from the second highest point of the rebound market that started more than a month ago. As of today's closing, the decline in this period has exceeded -20%, and it has entered a technical bear market from this period of decline alone.

The cumulative decline from the historical high of 12057.88 points has reached -26.61%, and individual stocks have generally fallen by about -40%, and there are many stocks that have been cut in half.

Although the overall market index has not fallen by more than 30 percentage points, more than half of the dozens of constituent stocks in the Xinzheng 50 Index have fallen by more than -40%. The reason why the index has not fallen by more than 30 percentage points is that the "big and small kings" Xingyu Technology and Matrix Quantum are currently suspended.

Investors of these two stocks are now trembling when they see the tragic market sell-off. They were eager to resume trading as soon as possible before, but now they hope that they will not resume trading so soon.

But at the same time, they all unanimously believe that after the resumption of trading, these two super large-cap stocks will definitely fall again.

At that time, the New Certificate 50 Index will have another round of big drops, and the weight ratio is there, which is one of the reasons why many people are pessimistic now.

When the gods fight, there must be mortals who will be affected.

There are very few people who dare to increase their positions against the trend and buy at the bottom in this market. On the one hand, they dare not, and on the other hand, they do not have so much funds. Most people hold a large or even full position in the New Certificate 50 ETF. If there is extra funds, they have already entered. This is also the reason why there are very few people who buy at the bottom.

In the face of such extreme market conditions, it is not easy to resist and resist profit withdrawal.

Because the market fell too fast and too hard, to a certain extent, many people are not so anxious to sell meat, because they are reluctant to sell, or they are stunned by the sudden drop.

At this moment, the faith of hundreds of millions of stockholders in the A-share market has not collapsed. Countless people are looking forward to the fact that God K can make a move to turn the tide, which is also a very important confidence support.

There is no doubt that this unilateral sell-off is another round of wealth reshuffle.

Fang Hong has set his sights on that group of financial rentiers. He wants to take away all the wealth they have accumulated over the years. His goal is to take everything. There is no limit to his efforts. He will not hold back and will take as much as he can.

During this period, there must be many retail investors who were accidentally hurt, but there is no way. This is unavoidable.

However, the real basic market of the A-share market, its guiding star and ballast stone are not those retail investors, but those family-based investment clients of the wealth funds under Qunxing. These are the real guiding stars and ballast stones.

The previous promotion of residents' "savings and moving" does not mean that the public can directly enter the market on their own. If they directly enter the market to "save and move", Fang Hong would not dare to play like this. He can only be forced to support the market. 10,000 points is really It cannot be effectively penetrated, and it cannot kill unilaterally like at this moment.

For the general public, they cannot bear such a decline. Once they have the authority to operate funds, they will inevitably panic and flee. In that case, they will really have to repeat the disaster-level market situation five years ago. , and even worse than others.

When the time comes, even Fang Hong will inevitably be beaten.

The "savings and moving" that have been promoted several times before are managed and invested by the wealth fund of Qunxing Group, and a family can only subscribe once. After redemption, the family can no longer get on the bus.

Such agreement stipulates that investment customers will not redeem easily and will endure it even if they are panicked.

Even if we step back ten thousand steps and these investors panic to redeem, the wealth fund will not be forced to sell stocks from the market to cash out to cope with the redemption pressure. Instead, it will seek help from the parent company Qunxing Group, and Fang Hong will definitely do so. Let the parent company provide liquidity assistance.

In this way, wealth funds will not be forced to sell stocks, which will bring terrifying selling pressure to the market and trigger further stampede crashes.

If there is no problem with the real fixing star and ballast stone, then the overall situation will be worry-free, and there will be no systemic financial risks. Otherwise, Fang Hong will not play such a big game this time and let the market crash. So cruel.

Those who can buck the trend and buy at the bottom can definitely change their destiny this time and achieve sudden wealth or even a class jump in a short period of time.

But there is no doubt that such cases are very few.

…

After closing, Fang Hong met with Luo Qingan.

At this moment, Luo Qing'an said with emotion: "With all this trouble, all kinds of monsters and monsters have really surfaced..."

Fang Hong said with a smile: "It's a good thing. One by one, I'll take note of them all. Let's wait until autumn to settle the accounts."

Luo Qingan was speechless, which was indeed not a bad thing.

This time it is really the first time that many monsters and monsters hidden in the dark have surfaced. They had been hidden deep before. It also shows from the side that Magnesia Capital Group has really made a big bet and made a big bet on this one. The capital and some unused chess pieces were also taken out.

At this time, Fang Hong looked at Luo Qing'an: "The enemies have already entered the pocket formations set up. After tomorrow, we will blow them up and catch them all in one fell swoop. We must watch closely and we cannot let them run away."

Luo Qingan couldn't help but nodded: "I will bring your intention with me."

Obviously, Fang Hong came to Luo Qing'an today for this purpose. When he defeats his opponents next week, he must prevent them from cheating or even running away with the bucket, so a "supervision team" must be arranged to deter them.

…