My Fintech Empire

Chapter 1056 [Market confidence returned overnight]

As the news spreads rapidly in the market, although there are many scientific experts explaining to everyone what is happening today, the vast majority of retail investors are still in the dark, and the details here are really convoluted.

Most retail investors don’t play futures, and they don’t have enough threshold. Just understanding various terms such as short squeeze, premium, short opening, delivery, transfer of positions to the month, etc. It takes a lot of time to understand what these mean. At this time, most people also choose to give up thinking and don’t play futures anyway. Anyway, they just know that today’s short position is over.

Despite this, there is one thing that investors understand clearly, that is, it cannot be sold now, and whoever sells it will get Shabi.

Tomorrow there will definitely be a sharp rise and a direct short squeeze, especially for small and medium-sized companies.

At this moment, the short-seller army is also very aware of their situation, and they are even more aware that they can't do anything now. The despair of being in jail and waiting to die with no solution arises spontaneously, and the retail investors of Big A understand this feeling very well. So now I am very relieved.

In fact, there is one place where short sellers can buy stocks in the spot market, and that is the stocks of Galaxy. Currently, none of the 22 stocks of Galaxy have a daily limit, and they generally increase by three or four percentage points.

But the short sellers didn't even look at it, because buying these tickets didn't make any sense to them. Instead, it dispersed funds and increased holding costs.

The key is that I don't have any control. At this time, my mentality has collapsed. Everything I look at feels like a trap. I feel that Fang Hong must be holding something evil in the galaxy to deliberately lure him into the trap, so I don't dare to go. When the time comes, he will backhand me. Apply for a trading suspension, and then do a refinancing operation. Even if you don't sell it, it will still be diluted. You can do whatever you want.

As time went by, during the noon market break, another bombshell came out, causing a major earthquake in the capital market.

Qunxing Capital issued a major announcement that the company will inject 2 trillion yuan of liquidity into the market to increase its stock holdings. It has already entered more than 650 billion yuan of liquidity and will continue to inject it into the market in the future.

A short one-line announcement highlights a concise and comprehensive statement, with fewer words and greater impact.

People from all walks of life were dumbfounded when they saw this news. The capital market exploded and they all felt incredible. Even if 650 billion was subtracted, there was still 1.35 trillion liquidity waiting to enter the market. This is real money. ah.

The previous one was exaggerated enough, but I didn’t expect it to be even more exaggerated.

The emergence of this news has greatly boosted market confidence. There is no more real liquidity than real gold and silver, and nothing can boost market confidence more than this.

In addition, Wanda, the leading A-share real estate company next door, also announced that it will spend 10 billion to repurchase the company's shares. However, its senior management has its own plans and does not actually want to increase the stock price because the executives themselves want to increase the stock price at a low price. Hold on, it is not in their interests if the stock price rises.

This has also resulted in the current inversion of Wanqi's stock price and the company's assets. The market value is far lower than the company's asset size, which means that something with an actual value of 3 yuan can now be bought for 1 yuan. This also makes Wanqi Being targeted by so-called financial barbarians, its senior management has not yet realized this problem.

Around 12:40, an unconfirmed rumor spread rapidly in the circle.

There are rumors that relevant parties have entered the village and some people have been arrested.

The stock investors who heard the news were delighted to hear the news. They clapped their hands and also joked: Today, the G Security Department specially dispatched a group of capable inspection teams with the worst losses in the stock market to go to the front line. Everyone was excited and indignant, and they all expressed that they must investigate to the end. A group of people who caused trouble in the stock market must be caught and brought to justice. After a big fight, it turned out that all stocks rose by the daily limit today.

When the market opened in the afternoon, the trader Zheng Jinsong, who was responsible for the first phase of the wealth fund's capital market, received the order and began to enter the market with OTC funds in the afternoon, becoming the main bull to buy 22 Galaxy concept stocks across the board.

Zheng Jinsong did not go straight up to the daily limit, but pulled up steadily. This was a method instructed by Fang Hong. The purpose was to give some retail investors who wanted to get on the train the opportunity to get on the train at any time, because all the galaxy concept stocks were going to be staged next. The trend of unilateral surge, and it will all break through the previous high to hit a new record high.

At this time, we are not worried about foreign capital or short sellers coming. They will never come at this time, and they will never dare to come.

As for whether retail investors can seize the opportunity, it depends on their own luck. Anyway, the opportunity is there, and the door is always open. If you seize it, you may be able to recover the losses from the previous explosion.

As time goes by, more and more investors in the two cities have noticed the collective change of the Galaxy concept stocks. The trend is mainly stable. The daily time-sharing basically shows an elevation angle of 45 degrees, and there is volume and volume. Price, volume and price both rise, which is a typical institutional ticket trend.

The unilateral rise continued for half an hour. At around 14:00, the 22 Galaxy concept stocks basically moved up to near the daily limit and hit the daily limit price, but they were not completely blocked.

The price continued near the daily limit for more than half an hour. During this period, investors continued to choose to follow up. After 14:30, 22 Galaxy concept stocks were closed one after another, and this time they were directly closed.

As Galaxy concept stocks hit their daily limit across the board, the Shenzhen Component Index also hit its daily limit of +4.32%.

As of the close at 15:00, the three major A-share indexes have surged across the board, with the Shanghai Stock Exchange Index up +5.76%, the Shenzhen Component Index up +4.32%, and the ChiNext Index up +3.03%. Among them, the Shenzhen Stock Exchange Main Board and small and medium-sized enterprises have all reached their daily limit.

Both investors and the media called today's A-share market a "big miracle day." A-shares staged a desperate counterattack. Today was also the first time a new trend emerged since the month-long plunge. 97% of the stocks in the two cities reached their daily limit. . Under this market situation, the Shanghai Stock Exchange Index rose by more than 200 points that day, reaching the 3,700-point mark in one fell swoop.

Excluding suspended stocks and ST stocks today, among the 1,331 stocks that can be traded in the two cities, 1,295 stocks have reached daily limit, accounting for 97% of the stocks with daily limit. And only two stocks, ST Chengcheng and ST Songliao, have fallen in the two cities. Holding these stocks The people with two votes are cursing in the street right now.

It is worth mentioning that after today, Fang Hong’s reputation and influence in the A-share market have once again reached an unprecedented new height.

Today, it is precisely because he took charge and commanded the entire audience, which brought unprecedented victory since the market crashed in January. Many investors unanimously recognized K God as the "savior" of A-shares, and K God seemed to have become countless stock investors. A god-like existence in his mind, an irreplaceable symbol of faith in his mind. What's more, he firmly believes that as long as God K is in charge of Big A, everything will not be a problem.

This may be the power of faith. After the closing, the confidence of investors in the two cities was greatly boosted. God K's leadership was like a needle in the sea, which had the effect of calming people's hearts and boosting confidence.

Living quietly in the villa, Fang Hong returned from the company with his beautiful assistant.

The two came to the living room on the first floor. After Tian Jiayi sat down, he couldn't help but said: "Today's crushing victory, market confidence seems to have returned overnight. The short forces have been shut down and beaten. This rescue should be successful." Ultimate success.”

As soon as these words came out, Fang Hong said: "Then it depends on how to define this success. The international short-selling forces represented by foreign capital and a group of insiders will basically spit out what they have eaten. , thereby avoiding triggering a systemic crisis, which can be regarded as a success from this perspective."

What is certain is that the biggest purpose of this bailout is mainly to solve the systemic crisis caused by market panic and forced liquidation. Fang Hong is confident that the current crisis can be basically resolved, and the systemic crisis will not occur, let alone Not transmitted to entities.

At this time, Fang Hong looked at the beautiful assistant and said: "But from the perspective of the market bubble itself, it is a failure and is destined to fail. This is not based on human will. In the final analysis, the leverage bubble that was blown up has not been released yet. Now that it’s in place, the main funds to rescue the market, including our funds, have already reached 2 trillion, right? Are all of them sincere and willing to rescue the market like us?"

Fang Hong smiled sarcastically and added further: "How many of them were profit reapers before the market plummeted this time? And how many of them were frightened by the 'Supervisory Team' and rushed forward reluctantly? Wait for the news. After that, the situation calmed down and the supervising team withdrew. Do you think they can run away? If they don't run, wouldn't the previous harvest be in vain?"

Hearing Fang Hong's analysis, Tian Jiayi was speechless for a moment and speechless.

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