My Fintech Empire

In the afternoon, stay in the villa quietly.

"Who is the current boss of Xinhong Securities?" Fang Hong looked at Tian Jiayi and asked. Xinhong Securities is a local brokerage in Xincheng and has not been listed. However, it has developed rapidly in recent years and has become a large brokerage. If it wants to be listed, , it is not a problem for its reasonable valuation level to reach the 100 billion threshold.

The development momentum is so good, including the overall financial industry in Xincheng. The most important factor is that the super financial giant Qunxing Capital is in this city.

Tian Jiayi quickly replied: "The previous top leader retired at the beginning of the year, and now the original vice president Zhang Qi is the current top leader of Xinhong Securities."

Hearing this, Fang Hong nodded, and immediately glanced at a document on the table. Tian Jiayi picked up the document and looked at it. After a while, she looked up at Fang Hong in surprise: "Xincheng Stock Exchange ?”

Fang Hong said slowly: "The market reversal is just around the corner. What is coming is a catastrophic market crash. The mud and sand are falling, and the land is wailing. Some people are going to be hit, but life still has to be lived. The mess after the crash It also needs to be cleaned up.”

In this case, Fang Hong would not have much to hide from her. She was not an outsider and could be absolutely trusted. She had already known Fang Hong's judgment on the market outlook from him.

Fang Hong then said slowly: "This is a historic opportunity. We can take this opportunity to promote the implementation of the pilot registration system of SGX, which is conducive to building an independent valuation system strategy, and is also conducive to regaining the capital market from Europeans and Americans." pricing power.”

Tian Jiayi thought thoughtfully: "Does this have anything to do with Xinhong Securities?"

Fang Hong said with a smile: "After the stock market crash, there is a high probability that major brokerage institutions, including our stars, will be called to a meeting to discuss how to deal with the A-share market in the future. I will put forward more radical suggestions at the meeting. At the same time, we need someone who can assist on the wing."

"I actually want to open a window, but I can't say that. Instead, I directly propose to take off the roof of the house. This is unlikely to be adopted. At this time, Zhang Qi comes out to smooth things over and withdraw. The second-best person made a compromise suggestion, don’t lift the roof, and open a window in the next room.”

The translation of this meaning is that Fang Hong proposed to reshape the entire A-share market at the meeting, which was bound to be strongly opposed. Zhang Qi jumped out and said that don't be so radical and just go for major surgery. You can treat it conservatively and see the effect. Well, for example, we can conduct a reform pilot, for example, we can conduct a pilot program for the SGX registration system to see how it goes. If it works, we can promote it. If it doesn't work, we can just shut it down. It won't have a big impact.

One is to lift the roof directly, and the other is to open a window in the next room. After the opponents weigh it, compared with lifting the roof, opening a window is not unacceptable.

The most important thing is that after the stock market crash broke out, there must be some new changes. Some people will be punished and dismissed. If the new ones do nothing, it is called inaction and they cannot explain to their superiors, so there must be changes. , no matter how it changes, the story will come.

And this "change" happened to be the opportunity that Fang Hong valued. Unsurprisingly, the village chief would definitely take care of the fusing mechanism, and then he would stop it in less than a week, and then the get out of class would end.

Fang Hong will not say anything about this. If you fix the circuit breaker, you can break the circuit breaker. As long as you pilot it for me and the entire SGX at the same time.

At this time, Tian Jiayi suddenly realized when he heard what Fang Hong said. He looked at him and said, "Are you going to arrange an interview with Zhang Qi?"

Fang Hong shook his head and said, "There's no rush. Let's put this matter aside for now and wait until the market plummets before meeting with Zhang Qi. It's safer this way. Whether this thing goes smoothly or not depends on the timing. If you don't manage it well, it will be counterproductive."

Xinhong Securities and New Cities are absolutely in favor of promoting the pilot project of SGX. Many cities want the entire exchange. In fact, New Cities had the idea last year because New Cities’ financial industry is becoming more and more developed. , the scale of the industry is getting bigger and bigger, but there is no exchange in the new city, so it can only be justified if the level is one.

…

After the market index successfully broke through the 5,000-point mark, it rose sharply again on Monday, June 8, the next trading day. The intraday high reached 5,146.95 points, and closed up +2.17%, closing at 5,131.88 points after the market.

Today, the transaction scale of the Shanghai stock market once again set a new record, reaching an unprecedented 1.43 trillion. The total transaction volume of the two cities reached 2.5235 billion, once again refreshing the historical record of A-share transactions.

The Shanghai Composite Index broke through the 5,000-point mark and once again surged, detonating the bullish power of the market. Countless investors firmly believed that the market's 5,000-point mark was an effective breakthrough, opening up room for upside, and a new main rising wave had begun.

No one knows how high it will rise, but most people firmly believe that the historical top of 6124 will definitely be broken.

But Fang Hong knows that the countdown to the stock market crash has entered the last week. All he can do now is to sit on the sidelines and watch the changes, wait for subsequent rescue operations, and then respond to the call.

In the next two days, the market index fluctuated and adjusted within a narrow range. The highest intraday high on Wednesday even hit a new high, pushing the index's high to 5164.16 points, but then fell back.

The next day, Thursday, June 11, the market closed up +0.30% at 5121.59 points.

…

On Friday, June 12, the last trading day of the week, the market opened slightly higher. It quickly opened higher in the morning and hit a record high of 5166 points. Then it began to rise and fall.

At the same time, Jian, who had been released from the detention center for three days, was at home at the moment. He sat in front of the computer and stared at the screen without saying a word.

Today, the redemption funds for the wealth management product he purchased from the wealth fund have arrived. Previously, he had raised 1 million yuan, which was enough to buy a financial product. However, his own principal was 370,000 yuan, and the remaining 630,000 yuan was obtained from a bank loan. of.

However, the 630,000 yuan loan funds were directly withdrawn by the bank, for which Jian even cursed.

He obtained a 92% return on the first phase of the Wealth Fund financial product. During the days when he was in the detention center, although the market was greatly shaken, it was still rising on the whole. If he had not redeemed it, it would have doubled by now.

The wealth fund brought him an income of 920,000 yuan. Adding his principal of 370,000 yuan, he now has a capital of 1.29 million yuan.

He has now deposited all of this money into his stock account, and the actual operable funds in his account are 2.6 million yuan, because he has doubled the financing position, and this is already the highest financing ratio currently, if not Because of the recent tightening of financing, at the beginning of the year, it would not be a problem to raise twice as much, and even higher leverage could be added through over-the-counter capital allocation.

At this moment, Jian was thinking that such a big bull market only happens once in ten years. How many decades are there in his life?

He had to seize this opportunity, so he used leverage, because he felt that his income had lagged far behind others, and he could only catch up with leverage. In this rare bull market, there are opportunities to make money everywhere, and he must act decisively. , struck hard, if he misses this village, he will not have this store. He doesn't want to regret it when the time comes.

…