My Fintech Empire

After 2:30 in the last session, the "Petrochemical duo" both squeezed out from -5% underwater, and the time-sharing line went straight up. Under Fang Hong's instruction, the two trader girls were constantly throwing out thousands of hands. Large orders continue to be scanned.

These two stocks also turned red in just about three minutes, which also drove the sector upward.

At the same time, the straight-line rise of the "petrochemical duo" also led to a rapid rebound in the market index in late trading, quickly regaining the 3,900-point integer mark.

At 14:50, major market software push messages:

[The "Petrochemical duo" surged straight up in late trading, hitting the daily limit. The turnover of Zhong Petroleum exceeded 5 billion, and the turnover of Zhong Petrochemical exceeded 7 billion. 】

For a market as big as Zhong Petroleum, the daily limit was raised from more than 5 points underwater, and the whole-day turnover was only about 5 billion. This is why Fang Hong chose the "Petrochemical Duo".

On the one hand, it is relatively inexpensive. With this amount of money, you can go to a popular investment company like Quantitative Capital next door. It will be almost five or six o'clock. If you want to close the daily limit, the whole day's turnover will not exceed 20 billion.

On the other hand, Xingxing's votes include other high-quality core assets. If you intervene, you have to raise your cards. If you don't want to violate the rules, there are many constraints. Only these financial stocks and oil stocks don't have to worry about raising their cards.

If Fang Hong wants to promote the SGX, he must not engage in any illegal operations, so he must be a gentleman and not leave any points of attack for others.

At this time, that is, around 14:53, Evelei raised her eyes and tilted her head to look at Fang Hong and said, "Brother Hong, Zhong Petroleum and Zhong Petrochemical are both blown up!"

Hearing this, Fang Hong said decisively: "Return to the blockade, and then spend 5 billion each at the daily limit to block it!"

The two girls, Eve Lei and Hu Tao, immediately followed his instructions. After a while, Zhong Petroleum's stock price closed back to the daily limit of 11.82 yuan, and Zhong Petrochemical closed back to the daily limit of 7.45 yuan. The two stocks closed back at almost the same time.

Funds from all walks of life in the two cities and many investors who were watching the market were stunned. After Zhong Petroleum closed the market, more than 4.3 million orders were closed on the daily limit board, while more than 6.7 million orders were closed on Zhong Petrochemical's daily limit board. The total size of the two votes of the "Petrochemical Duo" exceeds tens of billions of closing funds.

Suddenly, investors from all walks of life called out that mysterious funds were once again protecting the market!

This is obviously not a phenomenon of synergy of funds, but the behavior of a single main fund to protect the market. Everyone is guessing who this mysterious fund is, but they all immediately think of Guo Jia Team Huijin and Qunxing Capital.

Because of the explosive market conditions during this period, these are the two main institutions that are known to be long in the market.

Moreover, judging from the ability to seal the board and the scale of the funds to seal orders on the board, ordinary institutions do not have the strength to take action. The scale of the funds to seal orders is tens of billions. It must be the work of a super main force, and institutions that can be worthy of being a super main force are not not much.

With the emergence of tens of billions of sealing funds, the "Petrochemical Duo" was completely blocked after they returned to sealing.

As of the close, the plummeting market index narrowed and finally closed down -3.48%. The index closed at 3912.77 points, which was also close to the 3900-point mark.

The first news that came out after the market closed was that the village had conducted a special inspection on suspected market manipulation. This requires additional interpretation. It means that there was a special inspection on short market behavior, and long market behavior was not included.

…

At around 16:20 in the afternoon, the data for the day’s Dragon and Tiger list was released, and the “Petrochemical Heroes” were impressively on the list.

Investors couldn't sit still when they saw the ranking data of the "Petrochemical Duo". They were shocked and also spread the news because the big brother on the seat-buying list was a hot seat, and the hot seat appeared again.

[Wow, God K takes action! ]

[It turns out that the mysterious fund that the Petrochemical duo pulled up in the late trading was God K. I should have thought of it earlier! ]

[Hey guys, Zhong Petroleum bought 3.2 billion yuan and Sinopec bought 3.9 billion yuan. K God’s net buying volume was the largest alone, and both tickets accounted for half of its full-day turnover! ]

[The index was able to pull back by half in late trading, which was brought about by the "petrochemical duo". K God smashed more than 7 billion in anger and almost pulled the index back to half by itself. ]

[K God: I have tried my best to protect the market! ]

[So many big funds and big institutions are rushing to get away, almost everyone is running away, but K-God is going long against the trend...]

[Fortunately, there are people like God K in the market. What is sad is that there is only one person like God K in the market. If there were more people like this and such major institutions, such a tragic market would not be staged. He wouldn't be beaten so violently by the short sellers. ]

[Some institutions are still vigorously adding short orders. Everyone must know this, so I won’t go into details. ]

…

After today's Dragon and Tiger List data was released, everyone focused on Fang Hong's decision to seal the "Petrochemical Giants" heavyweights to protect the market. Relevant media also reported on this matter one after another, and it quickly became a hot news.

Stock commentators and self-media Vs have also been bullish, and have used the fact that God K has entered the market to support their reasons for being bullish.

It's like holding a big loudspeaker and shouting: God K has entered the market directly to buy the bottom! The market has really bottomed out! Don't smash it! Go long now!

This incident did bring a certain boost to the market, but not much!

Thousands of stocks have fallen to the limit one after another. Now even K God’s words may not be effective. Unless Stellar Capital enters the market with trillions of funds, it will not work just by shouting with a loudspeaker in a tool box. use.

At the same time, Fang Hong also asked Tian Jiayi to arrange something, which was to have a talk with Zhang Qiqian, the current leader of Xinhong Securities, tomorrow afternoon.

After receiving the news, Zhang Qi learned that Fang Hong wanted to meet him in person to talk about something. He agreed without much thought. Although he didn't say what he wanted to talk about on the phone, Zhang Qi subconsciously thought that it was probably It is related to the current A-share market.

…

The next day, Friday, July 3rd.

The last trading day of this week has arrived as scheduled. Everyone thought that today would not be too brutal. After all, even K God has entered the market again. There must be a rebound from oversold conditions today, right?

The last time Qunxing and Huijin entered the market together, a super rebound was staged the next day.

However, when A-shares opened today, the call auction stage exploded. The market index broke through the 3800-point mark and opened -3.04% lower at 3793.17 points. Individual stocks fell to the limit and opened in a large area. This trend is happening again today. To capture a wave of thousands of stocks falling to the limit.

After the opening, the index opened lower and moved lower. Just one hour after the opening, around 10:30, the 3700 point was also broken down, and the lowest fell to 3629.56 points. The largest intraday drop was more than -7%, setting a new low for this round of adjustment. .

More than 1,400 individual stocks in the two cities fell to their daily limit, recreating the tragic situation of the 1,000-share limit falling. This is the third consecutive trading day that the 1,000-share limit has dropped, setting a new historical record.

The stocks of Qunxingxing also collectively fell by the limit. WeChat, the second-largest new stock, dropped by the limit. The stock price dropped to 25.02 yuan, with a market value of 550.4 billion, a cumulative decrease of -44.43%, which is basically the same as cutting in half; Toutiao once again fell by the limit for three consecutive times, and the stock price It dropped to the price of 94 yuan, with a market value of 117.5 billion, a cumulative decline of 50.44%, which has already passed the halving line; the quantitative capital limit fell, and the stock price dropped to 510.04 yuan, with a market value of 713.0 billion, a cumulative decline of -46.39%, which is basically the same as cutting in half. .

The stocks of other groups of galaxies are not much better. Since Xingyu Technology reached a record high, the cumulative decline has reached -37.98%, and the cumulative decline of stocks of other groups of galaxies has exceeded 40 percentage points.

…