My Fintech Empire

Fang Hong's first public post on Weibo in the new year has just been updated. In less than half an hour, the number of views has soared to 1 million+, making it a highly anticipated hit.

Many people, especially stock investors, can’t wait to take a look, but after reading this article, many people are quite surprised.

At this moment, the comments under this blog post are also extremely lively.

[The article is too long. Where is my class representative? ]

[I have read all the dynamic articles posted by God K in the past, and today’s article is definitely the most heart-warming one. It not only talks about ideals, but also points out the specific direction, gold! ]

[Okay, I understand, but it’s too heartbreaking...]

[I also want to burn my ideal, but I am so stupid... (face covering) (face covering)]

[I am still experiencing internal strife in my family, but I can’t tell whether I am at the bottom, in the middle, or have climbed up...]

[But the current situation of the entire society is like this. Young people talk about either going ashore or turning around. It seems that success can only be achieved by riding on others' heads. The society also seems to be suffering from AIDS. The slogans are all consumption, stimulation, growth...]

[From being ideal to being bleak, there are still a few spots of light in my heart that I can’t bear to extinguish. ]

[People are most miserable when they know too much but are unable to change. I have always believed that, but I am unable to change the status quo. Sometimes I think about it, and the four words "rarely confused" are the real great wisdom. . ]

[One thing I can do is be kind to yourself if you are poor. ]

[I don’t make as much money now as I did ten years ago. It’s hard! ]

[Uh uh...]

[I don’t want to talk about bullshit romantic love and ideals now. I just want to make money. What’s the use of just envying others? Take action! ]

[Summary of the class representative: Firm your faith and adhere to your ideals. The specific operation is to buy gold and buy the New Securities 50 Index. ]

[Understood, let’s get Stud Gold TD and Stud New Certificate 50 right now! ]

[Gold has fallen by half for four or five years in a row, and I don’t dare to buy it at all, but K God said that I can buy gold, but the price should be adjusted a little. ]

…

After Fang Hong's blog post was published, various media and self-media forwarded it one after another, and many people analyzed and interpreted it word for word.

When everyone reads this blog post, they also find that Fang Hong’s article this year not only contains investment prospects, but also focuses on ideals and beliefs. The purpose is much higher than that of previous years’ articles.

Nowadays, if others talk about ideals and beliefs in this way, they will definitely be met with ruthless ridicule and disdain, and they will not believe it at all. They may even think that you are talking while standing and your waist does not hurt.

But Fang Hong said this, although there are many people who don't believe it, there are even more people who believe it.

Because he not only talks about it, but also does it all the time. People have noticed what Fang Hong has been doing one after another over the years. Most people are just poor, but they are really not stupid.

What Fang Hong is doing contains both grand narratives and micro descriptions. Because of this, people who believe in him have no doubts.

However, relatively speaking, the outside world paid more attention to the fact that he focused on investment issues in his blog posts, such as buying gold and the SGX 50 index. Compared with ideals, reality is more important.

Many people have already started to copy the homework, and the activists have gone straight to offline gold stores to scan the goods at this time.

Fang Hong's blog post is also in support of the RMB. After all, the foreign exchange market is now confronting short sellers. Naturally, he has to use his influence to stabilize more people and not to mess up the position. This is actually a war of public opinion.

At the same time, the courage to clearly point out the investment direction of gold at this time is also because the price of gold, which has been falling for four or five years in a row, is indeed unable to fall. Changes in the international environment in the future will also drive the price of gold to continue to soar. The international price of gold has already exceeded ten At the historical bottom in the past year, buying gold at this time can only make a profit but not a loss.

There is absolutely no problem in buying gold at this position to fight inflation.

Many people have already started to leave after reading Fang Hong's blog post. Today happens to be the New Year's Day holiday and many people go directly to major offline gold stores to buy physical gold.

The current domestic spot gold is about 220 yuan/gram. As everyone rushes to buy gold, it has also obviously affected the upward trend of gold prices. People are once again shocked by Fang Hong's huge influence and appeal.

Many gold shops are confused. Why did the number of customers suddenly increase during this New Year's Day holiday? Is everyone’s enthusiasm for buying gold so high?

Gold itself has strong hedging properties and can fight inflation. Now Fang Hong is optimistic about it. Even if the price of gold has been falling for four or five years in a row, it has suddenly become a hot commodity in people's eyes.

In addition, Fang Hong also focused on the NSE 50 Index, unabashedly optimistic about the long-term.

This matter is actually quite offensive. You just talk about the NSE 50 index, but what about the main board index? You didn't say a word about it, right?

God K just talked about the NSE 50 Index and did not mention the main board indexes of the two cities. In the eyes of many people, they interpreted it as being unfavorable. This is how a big negative for the main board appeared. It may not matter if most people are not optimistic, but It would be a different story if this person was God K.

…

At about 17:00 in the afternoon, the SGX released the latest blockbuster news.

The number of accounts opened on the SGX was disclosed for the first time. According to the data released by it, as of the date of publication, the number of trading accounts opened on the SGX reached more than 1.657 million, accounting for about 1% of the number of A-share account openings.

This data has attracted much attention from the capital market. There is no doubt that this is definitely a result that far exceeds expectations.

Because the initial goal of SGX was to achieve great success if it exceeded 1 million households, it was unexpected that 1.657 million investors would come to support it on the first day of trading.

Regardless of the fact that the total number of retail investors in the entire A-share market only accounts for 1%, you must know that the number of individual investors with account assets of more than 1 million yuan currently does not exceed 2 million in the entire large A-share market.

For every 200 individual investors with account assets of more than one million, 165 have opened trading accounts on the SGX, accounting for more than 80%.

From the current stock trading circle, we know that the big and small well-known and unknown hot money active in Big A have opened SGX permissions. These people are the most active funds in the market. Even if they are not playing in the new market, It will also be opened first to ensure that you can participate in the intervention in time.

This is definitely a great news for the SGX, but it is not a good thing for the main boards of the two cities.

These people have opened trading accounts on the SGX. Even though they account for only about 1%, they are all large investors among investors. That represents a capital flow of 1.65 trillion, not to mention that all of them go to the SGX. Even if there is an outflow of about 20%, the total absolute liquidity of these 1.65 million accounts is more than 330 billion.

Obviously, this is good for the SGX, but bad for the main boards of the two cities.

…

After the New Year's Day holiday, it's Monday, January 4th.

The A-share market has ushered in its first trading day. Today, the entire market is attracting much attention. Even the international short forces are watching the market at night. The Western Hemisphere is now entering the night.

The reason why the mainland capital market is so eye-catching today is not only the day when the SGX officially opened after the implementation of the pilot registration system, but also the day when the main boards of the two cities officially implemented the circuit breaker mechanism.

At this moment, Fang Hong also arrived early at the trading room on the second floor of the villa.

The SGX officially opened for the first time today, and the SGX 50 Index also opened. The initial value of the index is 1,000 points.

Investors can also search for the NSE 50 Index from major market software, including several NSE 50 ETF funds, etc. Enter the code 680000 to get the NSE 50 Index, and enter the code 680001 to jump to the individual stock Xingyu Technology time-sharing disk.

The 22 Galaxy concept stocks transferred from the main boards of the two cities can now be found, and they have all become SGX trading codes starting with 68.

...(End of chapter)