My Fintech Empire

Chapter 1051 [SGX Landing at Light Speed]

At around 15:33 in the afternoon, less than half an hour after the market closed, Fang Hong was preparing to return to Jingxinju Villa from the company.

Luo Qing'an called at this time and had important matters to discuss. Fang Hong directly transferred him to meet with him. It seemed that there was new news coming from Luo Qing'an.

"...If I could be as sincere as you, caring about the overall situation without caring about personal gains and losses, the result of today's rescue would never be like this." Luo Qing'an said, and then he told the story of Fang Hong and Qunxing Capital above. affim.

Luo Qing'an added: "The superiors spoke highly of you and Qunxing's work arrangement today. Not only did you stabilize the banking sector and save the final face, but they also highly affirmed your support of small and medium-sized enterprises. Today you not only supported small and medium-sized enterprises, but also supported small and medium-sized enterprises. It has also enhanced the government’s credibility in the hearts of hundreds of millions of investors, which is a great achievement.”

In the past few days, small and medium-sized enterprises have been free to fall like abandoned ones, so that hundreds of millions of stock investors are wailing everywhere. They feel that the rescue operations of Team Guo Jia and the super main force have nothing to do with them, which makes them feel more and more that they have nothing to do with the rescue of the market. It is not in the category of being rescued, but the resentment can be clearly felt, especially when the market opened this morning, this emotion reached a new height.

Fortunately, Qunxing's main funds arrived in time, with a huge liquidity injection of 70 billion, which supported small and medium-sized enterprises in one fell swoop and made the ChiNext Index the only rising stock index among the three major stock indexes today. This move sent a signal that the main force to rescue the market was not there. If you give up small and medium-sized enterprises, no one will give up.

The grievances in the hearts of the stockholders were finally calmed down. Although everyone now praises God K, as long as you praise God K, you are praising the government, because Qunxing Capital came in response to the national rescue call, and the same is true for retail investors in the two cities. thought.

But at this moment, Fang Hong sighed with emotion: "It's really hard for stock investors. Seeing that the wealth they have worked hard to accumulate for twenty years will be wiped out in a blink of an eye. Unless they have the intention to make meritorious deeds, it is really unbearable." , I took action when I couldn’t stand it anymore.”

Hearing this, Luo Qing'an couldn't help but smile and said: "I understand this. Only when you have a compassionate heart can you be noble."

Fang Hong suddenly became polite and humble. After a while, Luo Qingan changed the topic: "However, today's market performance, for some violators who are overt and covert, especially those who add fuel to the fire, obstruct from it, and hidden masters of H-shares, it is so hard to The superior is furious and has reached the point of being intolerable."

After hearing this, Fang Hong looked at the other party: "What should I say?"

"Six words: immediate investigation, confirmation, approval of arrest." Luo Qing'an spoke concisely and to the point, and added: "If the rat is not eradicated and the inner ghost is not eliminated, the rescue operation will definitely face many obstacles."

Fang Hong nodded slowly and silently.

After a while, Luo Qingan turned to look at Fang Hong and said: "There is another important thing coming here this time. There are new instructions and approval documents. After study and discussion by various ministries, it was unanimously decided that the Xincheng Stock Exchange can be established and registered. For the pilot project, this matter will be fully handed over to the relevant units of the new city, and it will be completed within the year. The superiors require that relevant plans and top-level designs should listen to the opinions and suggestions of professionals. "

As soon as these words came out, Fang Hong seemed smooth and natural on the surface, but in fact he was greatly inspired.

Luo Qing'an's words contain a lot of information. First of all, the SGX matter will be implemented at the speed of light. Secondly, it will be handled by Xincheng. How to do it? Come and join in. If you have any, you can directly push back without any hesitation.

The last and most important point is that top-level design should listen to the opinions and suggestions of professionals. This sentence is just short of directly naming the stars and Fang Hong.

Fang Hong also quickly realized that it would be great for the superiors to make decisions at this time. The SGX matter has to be implemented, and the superiors do not just make a decision. Sometimes even the superiors want to make things happen quickly, but If the time is not ripe, there will be great resistance and it will be difficult for things to be implemented effectively.

At this juncture, there is every reason to identify the insiders and root out the bad guys. The capital market has been turned into such a derelict and serious dereliction of duty. Do you want to continue like this? How to explain to the country? That is to say, we need to change it, and set up a Singapore Exchange to pilot a registration-based system. This change may create a new atmosphere. Who is in favor of it and who is against it?

There will definitely be no objections now, there will be no resistance to landing, and of course we can pass smoothly.

But just passing it smoothly is not enough for the superiors to actually make a decision and implement it. Another prerequisite needs to be met, that is, it must be confirmed that someone can do this and do it well, otherwise whoever makes the decision will be screwed up. If you do, you have to take the blame for this.

Obviously, the superiors saw that Fang Hong was very decent and believed in his ability to get things done, especially the rescue performance in the past few days, which was the most critical. The superiors saw it and left the matter to such a decent person. You don’t have to worry about messing up, and it will become a major performance highlight.

That's fine. There is no resistance here that can be passed smoothly. There are still people who can do a good job and achieve results. The prerequisites are also met and all factors are mature. I must make a decision directly without hesitation. Things will be implemented quickly if I want to. All difficult.

After the meeting with Luo Qing'an, Fang Hong returned to Jingxinju villa. When he arrived at the living room, he happened to meet the housekeeping girl Eve Lei. Fang Hong took her into his arms and kissed her. When he returned to Jingxinju, he could release his emotions to his heart's content and there was nothing to worry about. of.

"What good thing happened? I'm so happy~~" Sister Evelei asked with a sweet voice.

"I won't tell you..." Fang Hongpi teased the girl for a while and then came to the living room comfortably. He was thinking about the SGX landing at the speed of light. He was in a good mood. From now on, he would never have a meal with them again. The grand strategy of building an independent valuation system is like a tiger with two wings, and the trend of regaining capital market pricing power from the West is unstoppable.

Just as he sat down in the living room, a call came in. Fang Hong took a look and saw that it was Zhang Qi, the top leader of Xinhong Securities.

"Mr. Fang, I already know the news. I guess you know it too, right?" Zhang Qi said excitedly on the phone. Fang Hong responded with a smile: "I just found out too."

"The city has also received the news. What are you going to do next?" Zhang Qi said. Anyone with a discerning eye knows how to deal with the SGX. The higher-ups want Fang Hong to do the top-level design. The relevant units of the new city It is necessary to cooperate with him, and the order cannot be reversed.

If it weren't for the fact that Fang Hong was not within the system and did not meet the procedural requirements, he would have been directly named and asked to handle this matter comprehensively.

Fang Hong said with a smile: "There is no rush. The rescue work is still the first priority at the moment, but remember to keep this matter confidential first."

After chatting for a while, the two parties also ended the call, but the relevant leaders in the new city had already begun discussing the preparations for the SGX.

This is a big event and a good thing for Xincheng. Although the stamp duty of the exchange does not go to Xincheng, it can activate the financial industry of Xincheng and attract more companies to come to Xincheng for financing, further improving the city. Needless to say, the benefits of competitiveness and vitality.

...(End of chapter)

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