My Fintech Empire

Many brokerage CEOs present at the meeting glanced at Zhang Qi. None of them were fools. No one who could sit here and participate in the meeting was a fool. Zhang Qi might not have heard or reacted to what Zhang Qi said for a while. But as soon as he said this paragraph, everyone knew immediately that he seemed to be trying to compromise and smooth things over, but in fact he was in harmony with Fang Hong.

Okay, okay, I didn’t expect you, a guy with big eyebrows and big eyes, to cover and assist Fang Hong. What benefits did he give you?

I should have thought of it a long time ago. You, Zhang Qi, are from Xincheng, and he, Fang Hong, is also from Xincheng. It is not an exaggeration to say that you two wear the same pair of pants.

At this time, the big leader finally spoke and said slowly: "It is important to treat both the symptoms and the root cause, but things must be prioritized."

After hearing this, Fang Hong knew something in his mind. He naturally understood what the big leader meant. The implication of these words was: I understand your appeal, and I have taken it to heart. Let's put it aside for now. Our top priority is to stabilize the stock market, and we will discuss your demands later.

Fang Hong immediately expressed his position: "Rescuing the market is indeed a top priority. All stars are aligned with the overall situation. We should work together and do our best."

The top leaders have set the tone, and the next meeting will focus on discussing rescue strategies.

Finally, the general direction was set. 22 securities firms jointly invested no less than 120 billion yuan in blue-chip ETFs, and Qunxing Capital contributed the most. Fang Hong stated on the spot that he would provide another 80 billion yuan in liquidity, with a total capital scale of about 200 billion yuan. .

This is a bit disrespectful to others, but Fang Hong doesn't need their face, not to mention that he offended many people at the meeting today.

If you want to promote some things, you will inevitably offend people. If you want to do your own thing, you cannot avoid the people who should be offended.

Fang Hong knew where the focus was, it was on top, not on those people.

In addition to the 200 billion in funds, the central bank will also assist in providing liquidity support to securities and financial companies through various forms. Huijin has already purchased exchange-traded open-end index funds, also known as ETFs, in the secondary market and will continue to operate in related markets. This is also the sixth time Huijin has increased its holdings in the secondary market.

…

July 5th weekend.

Fang Hong's private transfer arrived in Xincheng at around 18:00 in the afternoon, and it was already evening when he returned to Jingxinju Villa.

Sister Eve Lei took the formal jacket from Fang Hong. When Tian Jiayi saw him coming back, she stepped forward and asked, "How was the meeting in Beijing?"

Hearing this, Fang Hong sat down on the sofa: "Everything is fine, no surprises or joy, but this is the biggest joy. There is something going on with the SGX!"

The SGX did not express a clear position on this matter. This is also an attitude in itself. At least it can be confirmed that it was not rejected directly and was still kept in mind. In fact, Fang Hong also knew that there was another meaning and the subsequent rescue operation Being proactive or not will also have an impact on the affairs of the SGX.

After chatting roughly about the meeting in Beijing for a while, Fang Hong immediately ordered: "Tomorrow, inform Zheng Jinsong that the one trillion yuan in the wealth fund's hands is ready to be put into the market, and inform Shi Yao to come out with another one trillion yuan in liquidity, for a total of two trillion yuan. All OTC liquidity will flow into the A-share market in the next thirty trading days or so."

Tian Jiayi was stunned when she heard this number. She cleared her mind and said quickly: "Didn't you just say that we would get 80 billion? Why do you need such a huge amount of funds like two trillion?"

Fang Hong suddenly laughed and said: "You are naive, you want to make the SGX successfully launch with this little effort? And follow my design ideas?"

The beautiful assistant couldn't help blinking her eyes and looking at him, and couldn't help but said in shock: "You mean to use 2 trillion as a condition in exchange for the implementation of the pilot registration system of SGX?"

Hearing this, Fang Hong corrected him: "You're stupid, it's really a big deal if you act like this. What's the critical moment now? Are you saying that you won't get 2 trillion if you don't give SGX the approval? You won't bail out the market?" Are you taking advantage of the opportunity to ask for good advice, or are you taking advantage of the situation to blackmail me?"

Tian Jiayi said confusedly: "Then what are you..."

Fang Hong said calmly: "It's what you understand, but it's not what you understand. I think the higher-ups know about the pilot project of promoting the registration system of SGX, so I decided to spend two trillion The higher-ups don’t know about it now, but two trillions of real money and silver must be poured in to rescue the market. This is a matter of action, not talk, and even if I don’t say it, the higher-ups will know about it through their own channels.”

Tian Jiayi was thoughtful. After some deep thought, she gradually understood. She couldn't help but look at Fang Hong and said with a smile: "You are so cautious..."

It’s really not advisable to say things first and then do them, just do them silently.

Say things first and then do them. Even if you don’t make a request directly, the words itself are making demands. This is a bit like using merit to ask for the right policy, or even taking advantage of the situation to blackmail you and ask for the right policy. It will make people feel that as long as they don’t promise you, you will It doesn't mean that I don't make any effort. This is a very taboo thing.

So, just keep your head down and do it, there is no need to say anything.

There is no need to worry that the higher-ups don’t know that you are doing practical things at all costs. How could such a large-scale and big movement not know about it?

This is called decency, and it is also a more intelligent and higher-level fighting strategy. What we are fighting for is a fight without fighting. By doing nothing, we can achieve everything. By not fighting, we can achieve everything. We only don’t fight, so no one in the world can fight with it. .

At that time, even if Fang Hong does not mention anything about the SGX in the future, the superiors will definitely think of this matter and make a decision as soon as possible. It is unlikely to delay, because delay itself is also a kind of The manifestation of signals.

The more intelligent a person is, the harder it is to fool them, and they are more able to gain insight into a lot of details through clues. Once the details are not handled well, it will even lead to the formation of a chain of suspicion, and it will be bad, and one heart and one mind may turn into disunity.

In the future, if one side fails to contribute or does superficial things, the other side will gradually become unhappy. After going back and forth several times, the conflicts will accumulate and deepen.

Intelligent people often deduce the outcome of an event N times in their minds before it develops. They often come up with the worst outcome and plan the layout based on it. They use this outcome as a guide to make deployments so that the worst outcome becomes an established fact. .

Once there is a chain of suspicion formed by eccentricity, all behaviors will become a cover-up to cover up one's true motives and intentions to confuse the other party, and the worst result is either to gain advantage or to push the opponent to the opposite side.

It is a good thing that everyone is happy with, but if not handled properly, it may turn into a bad thing. Therefore, some things can be delayed and some cannot be delayed. When it is necessary to make a decision, make a decision as soon as possible.

Fang Hong knew this, let alone his superiors, who must be very aware of the stakes involved.

If two trillion yuan is thrown into it, no matter what the situation is in the SGX matter, the longest time it will take for the results to come out will not be more than one month.

…

At the same time, at the end of today, an unprecedented amount of good news was released. The good news was also released every day, but the good news released today is definitely more than any previous time.

The first big plus is that the visiting senior officials have returned from Europe to preside over the overall rescue effort.

Some of the contents of yesterday’s meeting are also being released today. The news coming out today is:

22 securities companies and non-bank financial institutions such as Qunxing Capital went to Beijing to meet to discuss rescue strategies and will invest no less than 200 billion yuan in blue chip ETFs;

Yangma will assist in providing liquidity support to securities companies through various forms;

Insurance capital needs to be net bought every day, and blue chip stocks continue to be optimistic;

A joint proposal from 25 public funds, recommending holding shares and buying shares;

Zhongjin Exchange has adopted regulatory measures such as restricting the opening of some accounts for trading stock index futures contracts, especially the CSI 500 stock index futures contract. Once verified, illegal activities such as malicious short selling and using stock index futures for inter-temporal spot market manipulation will be punished in accordance with the law. to be severely punished;

A total of 28 companies about to be listed on the Shanghai and Shenzhen exchanges simultaneously issued IPO suspensions. Among them, 10 companies have already carried out investor subscriptions. Online subscription funds will be unfrozen on July 6, and offline subscription funds will be returned on July 6;

Huijin announced that it has recently purchased exchange-traded open-end index fund ETFs in the secondary market and will continue related market operations. This is the sixth time that Huijin has increased its holdings in the secondary market since its establishment.

With so much good news being released intensively in one day, investors from all walks of life all agree that the country is serious about it, striking hard and rescuing the market more resolutely.

...(End of chapter)