My Fintech Empire

The IMF is the abbreviation of the International Monetary Fund. The news was disclosed by a person familiar with the matter. The IMF urged the Eastern powers to withdraw from the stock market rescue measures they had taken previously, and called it to return market decision-making power to ordinary investors.

The A-share market fell sharply by more than -30% from mid-June to the beginning of this month. The total market value of the stock market was also wiped out by nearly 4 trillion US dollars, which is more than 20 trillion people. In order to curb this decline, the country has It was decided to take market intervention measures and conduct an unprecedented rescue operation.

At this moment, Fang Hong's phone also rang. He looked at the caller ID and saw that the call was from Luo Qing'an. After the call was answered, the other party said: "Comrade Fang Hong, have you seen the news about the IMF?"

Fang Hong nodded: "Yes, I just saw it."

Luo Qing'an replied: "The superiors are also conducting research on this matter and want to hear your opinions and suggestions."

Hearing this, Fang Hong thought for a moment and said: "What the IMF wants to express is that the rescue of the market should not involve artificial intervention, but should rely on the power of the market. Well, since they said so, we will not care about anything on Monday the day after tomorrow. Regardless, let the market force drive everything.”

Speaking of this, Fang Hong added with a smile: "This is also a good opportunity to test the selling pressure in the market. If we can withstand the selling pressure, then we have nothing to say. This is also a situation we are happy to see. But if you can’t withstand the plunge, let the people from the IMF take a closer look. This is what it looks like driven entirely by market forces.”

Luo Qing'an instantly understood what Fang Hong meant. If there is a sharp drop after the market opens on Monday, the IMF's previous remarks about relying on market forces to save the market must be swallowed. If there is no sharp drop, it is completely acceptable, indicating that the market has indeed stabilized. Living.

The two quickly ended the communication. About ten minutes later, Luo Qing'an called again and informed Fang Hong of the decision made by his superiors. He decided to adopt his suggestion. The A-share market will open tomorrow and the rescue funds will not care about anything for the time being and rely entirely on The power of the market is spontaneously demonstrated to the people of the IMF.

This matter involves the strategy of promoting the internationalization of the RMB. The pressure from the IMF cannot be ignored. We cannot ignore the other party's moves. We must accept the moves and then use them to deal with them.

The solution is quite simple, just use facts to silence the IMF.

Tian Jiayi asked curiously: "Do you think the A-share market will be stable when it opens the day after tomorrow?"

Fang Hong chuckled: "Stable? Stable! The panic at the end of this Friday has already begun to take shape. As soon as the news from the IMF spreads, A-shares will definitely crash tomorrow."

It’s okay for retail investors to chase the rise and kill the fall. After all, it is excusable, but domestic institutions are also pulling in. Last week’s market rescue period has shown that the operations of domestic institutions are almost the same as those of retail investors.

What was it like last week? When many domestic institutions saw that the main force to rescue the market was going to blow up the short positions, they felt that there was meat behind them, and they all rushed to the front. They swarmed in for fear that they would not be able to grab the meat. At the end of the trading, the short positions counterattacked and attacked the petrochemical duo. When it was green, everyone was so frightened that they immediately dispersed, fearing that they themselves would be stabbed by a bear, and wanting others to be stabbed as well.

Just like this, do you still expect them to become the market’s anchor and ballast? He did a great job doing the thing that was the straw that broke the camel's back.

Fang Hong ignored this matter and asked: "How is the SGX matter going?"

Tian Jiayi reacted: "Oh, yes, I almost forgot this important matter. The SGX matter has entered the next stage. The New City will officially announce the matter tonight. The unveiling ceremony will be officially held on Thursday, July 30. The city You are invited to participate in the unveiling and ribbon-cutting ceremony.”

Upon hearing this, Fang Hong refused without much thought: "Let me unveil the brand and cut the ribbon without having to do it. The procedures cannot be messed up and the rules cannot be broken. SGX is an administrative unit of a financial institution, not an enterprise nor a private person." Corporate unit.”

Now that Fang Hong is standing at such a height, he should keep a clear mind, especially since there was a change of coach on the spot a while ago, and he personally took charge of the whole game. This has already stolen the limelight, and his influence in the domestic capital market is also Reached unprecedented new heights.

Absolutely most people, when faced with a situation like Fang Hong's, tend to be so high-spirited that they forget all about it. From the bottom of their hearts they feel that they are really good people, and they often start to become confused from this moment on, and they start to become confused unconsciously. Do something transgressive.

But Fang Hong, who has been in the limelight for two generations, has always maintained an extremely sober mind. He knows very well what can be in the limelight and what cannot be in the limelight. He also knows that there is no need to be scrupulous when he should be in the limelight, and he also knows that when he should not be in the limelight, he should remain restrained. Otherwise, given the current height and influence, it would be easy to reach a state of triumph and regret.

Obviously, he is definitely not suitable to cut the ribbon at the SGX's ribbon-cutting ceremony, and he cannot get the limelight.

Fang Hong is already the de facto top designer of SGX, and he will listen to you no matter what you do. In this case, it is even more important to position yourself correctly to avoid unnecessary trouble for yourself.

At the end, Fang Hong said with a smile: "I will not participate in the ribbon-cutting ceremony, but it is okay to go to the scene to show my face, support the scene and accept media interviews."

Not participating in the unveiling and ribbon-cutting ceremony is to show your position and be appropriate.

Being restrained does not mean being a coward. Going to show off your face to support the SGX is telling everyone that I, Fang Hong, and I, Star Capital, fully support this matter. Do you want to come and support me?

We may not become good friends immediately if you come to support us, but at least we will become familiar with each other.

If we don't come, then we definitely won't even have a chance to become friends, and we will secretly keep a notebook to remember who came to support and who didn't come.

In short, I don’t have to accept the face you send me, but you have to give it to me.

Fang Hong said with great satisfaction: "SGX has done a good job in keeping things confidential."

So far, there are only rumors that the registration system will be rolled out, but there is no word "SGX" at all, and no one knows the top-level design details of SGX. This shows that the confidentiality work is indeed done well.

At the same time, the IMF's affairs also spread to the outside world. As soon as the news spread, before the market opened on Monday, the market began to panic.

As soon as I heard the news that Team Guo Jia and the super main force were going to withdraw from the rescue, the entire market suddenly panicked, especially those who were speculating with a sense of luck. They thought that even if they were buried, Team Guo Jia and the super main force would come. Fish them out.

Now there is news that Guo Jia's team and the super main force will withdraw from the rescue, which means that if it is buried later, no one will come to rescue it, and it immediately panics to death.

At this moment, another piece of news stole the heat.

At around 19:00 in the evening, the official website of New City's government suddenly issued an announcement announcing the official launch of the "New City Stock Exchange Registration System Pilot Project."

Good guy, this news is really too sudden.

People from all walks of life in the capital circle were caught off guard and saw this news suddenly without any psychological preparation.

Is the registration system just here to stay? Landed suddenly?

Times are changing so fast, I don't even say hello to you, I just come when I say hello.

For a time, the entire mainland capital market exploded tonight.

...(End of chapter)