My Fintech Empire

Huijin and Qunxing Capital took action, especially Qunxing Capital, which invested a huge sum of 15 billion in real money to enter the market, which shocked the panic-filled market. At the same time, Qunxing Capital has once again received a wave of praise and various likes.

Previously, people thought that Qunxing Capital was going to sit back and watch the excitement, and even refused to say anything to boost market confidence, which once caused dissatisfaction among investors.

Now that this matter has come out and been confirmed, everyone has said that they wrongly blamed Star Capital and K God.

Everyone thought he was going to stay out of it, but it turned out that he had already silently entered the situation, bucking the trend and lifting the crashing market.

Now everyone thinks that if it weren't for responsible super players like Qunxing Capital to take action today, the market might end up falling to the limit, because the index opened in the afternoon and was heading for a drop of 8 percentage points.

At this moment, Qunxing Capital is particularly prominent and has received a lot of praise and likes. Some netizens even made a picture of a banner and spread it in major communication groups. The pennant says: Qunxing, the backbone of A-shares!

Since then, it has been given the title of "A-share spine". This picture has been widely cited by stock investors and netizens and has therefore quickly become widely circulated.

Fang Hong, who was surfing the Internet at the moment, also saw it and laughed dumbly for a moment: "The burden on me has increased by three points."

In a sense, this kind of behavior of stock investors means that the times are pushing Fang Hong and Qunxing Capital forward. Fang Hong couldn't help but fall into deep thought and said to himself: "It's God who can't take it, but it's the fault; it's not the right time." , but suffered the consequences."

Promoting the work of SGX made him more determined. Only by achieving the strategic goal of an independent valuation system can we truly assume the title of the backbone of A-shares.

If you want to bear his name, you must bear his weight; if you want to bear his weight, you must do something.

…

In the evening, big news that was good for the stock market came one after another.

First of all, the Ministry of Human Resources and Social Security and the Ministry of Finance and Economics released a draft for consultation on the pension market. The proportion of investment in stocks shall not exceed 30%. Pension funds are here!

Secondly, there is news that insurance companies have net purchased billions of yuan from public funds. The main reason is that they believe that the bull market is not over yet, and insurance funds are coming!

Late at night, the village also issued another article. It is a rare statement from the Supervisory Committee. Its spokesman said: The stock market decline is an adjustment to the too fast and too rapid rise. It is the result of the market's own operating rules. However, a correction that is too fast is not conducive to the healthy and stable development of the stock market. I hope Market participants should enhance their confidence, view the market rationally, and jointly promote the stable and healthy development of the capital market.

It is rare for the villagers to publish two articles in a row today to appease the market sentiment.

The big news after the market opened today can be said to be released in a rush. First, Huijin and Qunxing invested tens of billions of dollars to enter the market. Then pension funds are coming, and insurance funds are coming. The village head also published another article late at night. appease the market.

Now all the stock influencers, media, brokers, and institutions are in the mood, and they all express their bullish view.

The teachers of stock reviewers said that this series of major positive news has shown their care for the stock market.

Seeing so many major benefits, many investors feel that adjustments are in place and the opportunity for bargain hunting has emerged, and some investors are even preparing to run into the market.

If the good news released in a rush today had been normal, any one of them would have made Big A rise for several days. There is so much good news released at once, not to mention that the index has fallen by more than 20 percentage points in a short period of time, and some stocks have even been cut in half. Even if it is an oversold rebound, it should take off tomorrow, right?

…

The next day, Tuesday, June 30, driven by the intensive positive news yesterday, there was no sharp gap to open higher as everyone expected. Instead, the market gapped to open lower -1.14%. This call auction result was both unexpected and reasonable. among.

Yesterday, the market jumped sharply and opened higher by more than 2 points. As a result, everyone who rushed in in the early trading was immediately choked and had to eat a bowl of super large noodles.

So no one is willing to make the first move today, for fear that if they make the first move, they will follow the same footsteps as those who rushed in yesterday morning. After all, Big A implements the T+1 mechanism. If you buy it, you cannot sell it today.

About five minutes after the market opened, the index opened low, moved high, rebounded and closed in the red. However, within a minute of turning red, it plunged again, and quickly fell below the opening price. It once again staged a plummeting market, and then broke through 4,000 points and 3,900 points, with the lowest selling price. It fell to 3847 points, a drop of more than -5%. The index fell below yesterday's lowest point and hit a new recent low.

The market is boiling with panic and has entered an irrational sell-off.

"What is it? Are all the good news useless? Can't it be stable even if it doesn't rise?" At this time, a big A retail investor looked at his stock that had hit the limit and the stock that exploded by 5 points. The market indexes wailed in front of the screen.

There are wailing stock investors like him everywhere. This trend makes stock investors feel that Big A is hopeless and has to start over, or maybe just shut down.

Around 11 o'clock, the Fund Industry Association began to make phone calls door-to-door. Most institutions and fund managers received relevant calls. A rough translation of the content is: Don't smash it. No matter how hard you get together to smash it, it's really Do you want to shut down Big A?

Having said that, if we don’t smash it today, we can even do more together. If we smash it again tomorrow, we must give face today.

So about ten minutes later, that is, around 11:10, the market index reversed strongly and staged a shocking counterattack. Until 20 minutes later, at 11:30, when the market closed in early trading, the Shanghai Stock Index dropped more than 5 percentage points and closed at It reached the -0.01% water level, and it exploded by more than 5 points in just 20 minutes, and 4,000 points were recovered.

The man who was cutting meat in the deep water in the morning was so angry that he smashed his keyboard.

During the noon market break, big influencers, experts, teachers, brokers, media, and analysts once again collectively sang bullish. The market bottomed out for the second time and rebounded to confirm the bottom again. It was a double bottom. The market interpretation first declined and then rose. The adjustment was really over. , the perfect opportunity to buy has now appeared.

Moreover, 13 private equity tycoons collectively jumped out to sing the bull call. Investors hope that among these 13 tycoons, there will be a K-god. It can be said that one K-god can be as powerful as 100 such big men in ten sentences.

However, K is not among them.

It seems that he has not heard from him. There is no latest voice from him in the market. Stars Capital also refused to comment and continues to remain silent. However, since it was confirmed yesterday that Stars Capital spent 15 billion to support the market, everyone has Don’t blame God K for not speaking.

Actions speak louder than a thousand words. In this situation, to borrow a saying that famous influencers like to say: Silence can also be deafening.

Soon after, the Asset Management Association issued a proposal at noon: actively seize investment opportunities.

Cailianshe Telecom immediately pushed the news:

[The Asset Management Association issued a proposal: Investors should objectively and rationally understand the operating rules of the stock market and actively seize investment opportunities. The stock market is an ecosystem with its own operating rules. There is no stock market that only rises but never falls. It is necessary to view stock market risks in a more long-term and rational manner and strengthen confidence in the stock market. It is fully recognized that the core foundation of this round of market conditions has not changed, the sound monetary policy of "stabilizing the total amount and optimizing the structure" has not changed, the trend of accumulating and releasing reform dividends has not changed, and the orientation of residents' reallocation of large categories of assets has not changed. 】

The core meaning of this initiative can be condensed into six words: Don’t blindly trample!

As time passed, not long after the Asset Management Association came out to issue a proposal, the Securities Industry Association also came out to speak out, asking questions about the over-the-counter capital allocation situation. Translated roughly, it means: the impact of forced liquidation Small, stable and controllable, no panic!

Another good news came out 20 minutes before the market opened in the afternoon. First, the proportion of pension funds entering the market was initially set at 30%. Second, Guozhou Junan announced an increase in the conversion rate and a reduction in financing margin.

This series of blockbuster news was released at noon. The trapped investors said: It’s true. I cried to death. If I still can’t stand it, I might as well shut it down!

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