My Fintech Empire

Not long after finishing the call with Zhang Qi, Tian Jiayi came back from the company. She also sat down in the living room and said: "Some new news came out after the market closed. The China Securities Regulatory Commission has relaxed the supervision ratio of insurance capital investment in blue-chip stocks, and the upper limit has been adjusted from 5%. If the investment in equity assets reaches the upper limit of 30%, you can further increase your holdings of blue-chip stocks."

"The second news is that Zhongjin Exchange has significantly increased the trading margin of CSI 500 stock index futures. The intraday news is that the trading margin of short positions of 500 stock index futures contracts has been increased from 10% of the current contract value to 20%, and hedging positions Except, there was news after the market opened that the margin for short position trading of the 500-term index contract will be further increased to 30% of the contract value from tomorrow, excluding hedging."

"The third news is that the spokesperson of the China Securities Regulatory Commission said that while continuing to maintain the stability of blue-chip stocks, China Securities Finance Corporation will increase its purchase of small and medium-sized stocks to ease the tight market liquidity. It seems that you will enter 70 billion into small and medium-sized companies today. Creating this incident also made the management aware of the importance of this aspect.”

After a while, Fang Hong asked: "Is there any other new news?"

Tian Jiayi replied: "Not for the time being."

Fang Hong nodded. He estimated that the relevant departments had already begun to take action to investigate the mole and Shuoshu, and there would be a high probability that there would be new news tomorrow.

At the end, Fang Hong said: "The SGX matter has come to fruition."

Tian Jiayi was surprised: "Ah? So fast?"

Fang Hong nodded and said: "We also require that the exchange be opened within the year. It will only take close to half a year to fully achieve the goal."

As soon as these words came out, Tian Jiayi was surprised again: "In such a hurry?"

Fang Hong said unhurriedly: "As long as it is implemented, it is more important than anything else. Let alone half a year or even three months, we must ensure the smooth opening of the market. Time is indeed a little tight, it doesn't matter, tight time is not a problem, SGX's There is no one to hinder us, and relevant matters can be rolled out and implemented easily and efficiently, and there will be no problem in opening the market in half a year."

The required time point is also quite coincidental. Fang Hong guesses that the higher-ups also want the "catfish" of SGX to stir up the capital market and force the original old system to seek changes and improvements, but it is hard to say what the effect will be.

Fang Hong, who was foresighted, did not forget that the Big A Association hastily implemented a circuit breaker mechanism early next year, giving the already fragile Big A another critical blow. At this juncture, the SGX also opened.

Finally, Fang Hong immediately ordered: "You immediately arrange the stock splitting of Yixing Video and Quantitative Capital. Report it to the village now and make sure it is resolved at the speed of light. The stock splitting will be completed tomorrow and the market will continue to open for trading. In addition, notice Zheng Jinsong, it’s time to move the funds for the first period and increase your holdings of Galaxy stocks in an all-round way.”

Tian Jiayi immediately got up to make arrangements. Next, the tickets for the galaxies will make their debut.

The information about the stock split of Yixing Video and Quantitative Capital was given to the village, and it was handled at the speed of light.

At around 20:23 in the evening, Yixing Video issued an announcement, disclosing the company's interim board resolution today, passing the stock split proposal and deciding to split Yixing Video into one hundred shares.

At present, the latest closing price of the company's stock is 802.14 yuan per share, with a market capitalization of 150 billion, which is already half of the historical high. After the stock split, it will become 8.02 yuan per share. All shareholders' equity remains unchanged, and the total equity The number of shares was changed from the original 187 million shares to 18.7 billion shares.

In other words, investors who currently hold 100 shares of Yixing Video with a market value of 80,214 yuan will hold 10,000 shares tomorrow, but the stock price will become 8.02 yuan per share, and the market value will remain unchanged at 80,214 yuan.

The direct impact of the stock split is to significantly lower the holding threshold for investors. Originally, it cost 80,000 yuan to buy one lot. After the stock split, it only costs 800 yuan to buy one lot. Even retail investors of A-shares can buy it.

At about the same time, Quantitative Capital also issued a stock split announcement. The company's current closing price is 440.45 yuan per share, with a market capitalization of 615.7 billion. It has fallen from a historical high and the cumulative decline has reached -53.71%, which is also beyond the midpoint. , and it is also a super large-cap stock.

Quantitative capital is split into ten. After the stock split, all shareholders' equity will remain unchanged. The price per share is reduced from 440.45 yuan to 44.05 yuan. It only costs about 4,400 yuan to buy one lot at the current stock price, which also greatly lowers the threshold for investors. Ordinary Xiao San can also intervene.

As soon as the news of the simultaneous stock splits of the two major clusters of listed companies came out, it attracted much attention from the capital market.

During the recent period, almost no one has discussed the concept stocks of Galaxy Group, and the market's attention has dropped sharply, because the main battlefield of this rescue and the long-short duel is not the listed company of Galaxy Group.

Zhongguo Pingan, petrochemical giants, banks and securities firms attracted the attention of the audience. Especially the stock of Zhong Guoping Pingan broke out a long-short battle unprecedented in the history of A-shares, with 1,100 shares sold in one day. With a turnover of more than 100 million, it can be called the Shangganling of the capital market and the Verdun meat grinder of the stock market.

When the news of the stock split came out, everyone turned their attention to the galaxy again.

Many people turned around and looked at it and immediately exclaimed: Damn it! Tickets for the galaxies have also been cut in half in large areas! This catastrophic crash is really tragic...

There are various interpretations in the capital market. Many people, especially some investors who hold Galaxy stocks, are very concerned. Is K God finally going to take care of its own Galaxy stocks?

During this period, many holders of Galaxy stocks don’t understand, but it’s hard to complain that K God doesn’t care. Relatively speaking, investors who hold Galaxy stocks are relatively calm. At least they are not as wailing and desperate as other investors outside. Because I believe that there is hope for these targets to return to the top in the future, and I also believe that God K will probably take care of them if he is free, but he can't take care of them now and can't spare any time.

As soon as the news came out today, many holders were also inspired. This is a good signal. I feel that K God should mind his own business.

…

The next day, Thursday, July 9th.

At around 8:20 this morning, Fang Hong had just arrived at the headquarters of Qunxing Capital. When he was about to enter the trading hall, Tian Jiayi caught up with him and said: "I just received news from the management that there will be a sudden change of coach today and I will directly ask you by name to personally I am in command and commanding the entire field, including all friendly agencies, and they are fully following your instructions and dispatches today."

Yesterday's defeat made the superiors decide to temporarily change the commander, and let Fang Hong take charge of the two cities to listen to his orders and implement them strictly.

All in all, we cannot afford another defeat today, as market confidence is extremely fragile.

The sudden decision to change the coach at this critical moment and directly name Fang Hong as the leader is because he longs for a hearty victory. Looking at the situation, the one who can take on this important task and be the one expected by everyone is Fang Hong.

Fang Hong was surprised for two seconds when he heard the news. The SGX had just launched at the speed of light yesterday, and today he was named to take charge and personally control the overall situation.

Fang Hong obviously wouldn't put it down. At this time, his brain was already thinking about how to arrange the response. After a while, he had an idea in his mind. He nodded and immediately ordered: "I understand. Arrange the video connection. , but don’t connect immediately and drag it until about 9 o’clock, and don’t hold a pre-market meeting to avoid the insider leaking my layout.”

Tian Jiayi was about to arrange the arrangements when Fang Hong stopped her and then ordered: "By the way, immediately release the news that I have taken command, and spread the news as quickly as possible, so that as many people as possible know about it, the better." .”

"okay!"

…