My Fintech Empire

On Friday, May 22, the market trends on the last trading day of the week made the big A and A markets excited. The Shanghai Stock Index opened at 4584.98 points in the morning. Direct bidding opened higher and broke through the previous high, igniting the market. Atmosphere.

After the close, the Shanghai Stock Index jumped +2.83% to 4657.60 points, reaching the 4600-point mark for the first time.

In terms of individual stocks, Chinese Online opened high and plunged sharply today. It once fell to the limit during the session, and finally closed with a sharp drop of -7.71%. This stock has basically come to an end in the recent market, and it is not a real leader after all.

Toutiao, the truly popular leader, exited the second consecutive board today. Its stock price reached a price of 128.83 yuan, and its market value rose to 161 billion. It is just one step away from breaking through the historical high price of 129.73 yuan.

But the most popular thing today is not Toutiao, but Quantitative Capital, the leader of the Chinese military. In today's generally rising market, the stock's strong volume and price rose to close the daily limit and broke through the historical high to reach a price of 726.12 yuan, corresponding to the market value 1015.115 billion yuan.

Quantitative Capital has exceeded the trillion market capitalization mark for the first time, and it is also the eighth stock with a market capitalization of trillions in the A-share market. It has surpassed Zhongguo Life Insurance and become the sixth listed company in terms of market capitalization in the A-share market.

At this moment, the comment areas of the stock forums for these two stocks have exploded in popularity, and investors are discussing them constantly.

[Nasty! ]

[Finally, it has exceeded one trillion. ]

[Remember that Quantitative Capital fell by 7.9 yuan in 18 consecutive days, and then look at the current stock price of 726.12, a 90-fold increase in two years, and it feels like it is expected to exceed 100 times! ]

[I just want to ask if anyone can get something that is not sold now for 7.9 yuan? ]

[Impossible, no one can hold it. There are only three situations where one can hold it. Either he forgot, or he hung up, or he went in and stepped on the sewing machine. Otherwise, no one can resist being cut in half several times in the past two years. Violent fluctuations. ]

[This increase is picturesque. If I had bought tens of thousands of dollars at the lowest point two years ago, this would have been an income of millions! ]

[Today’s Toutiao is about to reach a new high. 78 yuan is the floor price. I really cry to death. ]

[Everyone thought that Toutiao was going to be a hit, but who would have thought that it could get out of the second wave of market prices? I can understand that quantitative capital has broken through trillions in market value and reached a new high, but the trend of Toutiao is beyond the scope of cognition. This vote is really outrageous. ]

[Not just these two votes, I found that the 21 stocks of Xingyu are really bullish. They have all broken through new highs. Now the only one missing is Xingyu Technology, and Xingyu Technology’s stock price today has once again reached the top. For 8 yuan, the market value of 2.2 trillion is on par with Zhong Petroleum. I think it will soon regain the top spot in the market value of Big A. ]

[The votes of the Galaxy are really in a mess, and the trend is picturesque. The pits that have been killed before are all golden pits, without exception. ]

[I don’t agree, there are eight stocks with a market capitalization of trillions in Big A, and Galaxy Group accounts for two of them. WeChat, which will be listed in June, I think will probably break through the trillions. By then, there will be three, and Kyushu Blue Arrow Now it has a market value of 600 billion, and it is very likely that it will also be a technology giant with a market value of one trillion in the future. Oh my god...]

[The votes of other galaxies are also large-cap stocks worth hundreds of billions. I really don’t know what to look at and I’m shocked when I look at them. ]

[I just want to say one thing out of a thousand words: K Shenniu pen (broken sound)——! ]

…

In the afternoon, stay in the villa quietly.

At this moment, Fang Hong was sitting with Tian Jiayi, who had returned from the company. She was reporting on company-related matters: "Today, the investment research and analysis department believes that H shares are worth watching. Someone gave the suggestion that funds should be deployed south to do long in the Hang Seng Index." , believes that compared with the A-share Shanghai Index and the H-share Hang Seng Index, it is now at a low valuation level, but no decision has been made yet."

"Buy H shares?" Fang Hong immediately asked after hearing this: "People in the investment research and analysis department think H shares are undervalued? Haven't they thought about another possibility? Is it possible that it is not that H shares are undervalued, but that H shares are undervalued?" Are A shares overvalued?”

The beautiful assistant couldn't help but shrugged, and then said: "What do you think?"

Fang Hong said simply and neatly: "There is no need to go south to invest in H-shares. Short selling is not appropriate. In addition, A-shares are prepared to cash out except for core assets. Let's start with the withdrawal from the brokerage sector."

Hearing this, Tian Jiayi was surprised. Such a decision was obviously bearish on the market outlook. She asked, "Where are the targets of the banking and insurance sectors?"

Fang Hong thought for a moment and then ordered: "Withdraw the insurance as well, and continue to hold the bank stocks."

Tian Jiayi nodded: "Yes, okay."

After all, the banking sector is the largest weighting sector of Big A, and it needs to maintain capital adequacy ratio. Previously, the four major banks refinanced hundreds of billions, and Qunxing Capital spent a lot of money to provide financing support.

And if nothing else, Huijin will probably reduce its holdings in the four major banks, so there is no need to rush ahead.

Relatively speaking, insurance and brokerage stocks are not that important, especially the brokerage sector, which can be fully cleared and withdrawn.

Qunxing Capital holds almost all listed brokerage stocks. It is not an exaggeration to say that it has a heavy position. However, the shareholding ratio of each brokerage stock does not exceed 5%, so there is no need to issue a reduction announcement in advance when withdrawing.

As for other non-core asset targets, especially some junk stocks, they can be sold without any scruples. These stocks are even engaged in short-term operations, and they also deliberately avoid quarterly position announcements to avoid appearing in the top ten tradable shareholders. in the list.

The rise in this bull market has been very rapid, and the trading volume has continued to maintain a scale of trillions. Positions and stock exchanges can be completed in a short period of time, and entry and exit are very convenient.

…

After the weekend, it’s Monday, May 25th.

Today, the A-share market opened again with a short squeeze, and the trading volume also increased again. The market showed a trend of rising volume and price. However, just when there was a lot of people, Qunxing Capital had quietly withdrawn from the market.

The securities sector rose rapidly when the market opened in the morning. At around 10 o'clock, the sector's increase was close to 5 percentage points, but then it could not move forward.

Because Qunxing Capital is continuing to sell, bulls have found that no matter which brokerage stock, no matter how hard they pull the market, they can't clear out the stock. Although there are no super large orders to sell continuously, it seems that they can't buy it all, and there are people selling all the time. , causing the stock price to fail to rise at all.

Then it began to weaken. Compared with other institutions, Qunxing Capital was really kind. It did not run away like a smashing market. It did not continue to sell and accept when the market was insufficient in funds.

Qunxing Capital is not in a hurry. After so many years of planning, the overall income of the brokerage sector has tripled. It just needs to withdraw slowly. A small withdrawal is completely acceptable, and it is impossible to achieve a complete withdrawal in one or two days.

As of the close, the Shanghai Composite Index once again closed a big positive line and reached a new high. It has recently gone out of six consecutive positive days. It rose sharply by +3.35% after the market closed at 4813.80 points. Today, it has continuously reached the 4700 points and 4800 points integer mark.

As Fang Hong expected, the public funds that had previously withdrawn at 4,000 points were now forced to return to the market because the market was shorted, and the citizens could not stand it anymore. They took the initiative to send money. Under the hot and crazy market, the people outside the market were buying funds frantically. As a result, the fund's position ratio was diluted and removed from the shelves, and the fund manager could only increase the position to maintain 85% of the position ratio.

Only a handful of fund managers have some sense of conscience and simply close the subscription channel at this time, but the vast majority of fund managers adhere to the principle of not making money and being a bastard. Anyway, if you lose money, it belongs to the people, and the management fees can still be collected.

All kinds of funds on and off the market are now going crazy. Investors are shouting that 10,000 points for the market is not a dream, and 5,000 points has just started.

…