My Fintech Empire

The plunge of the NSE 50 Index also gave some people the opportunity to make a fuss, because the all-conquering K God seems to be losing this year. The blog post published on New Year's Day clearly expressed his optimism about gold and the NSE 50 Index. Gold is currently strong. However, the SGX 50 Index plummeted and hit new lows.

The people who made the fuss did not even mention that Fang Hong's suggestion to intervene in the NSE 50 Index was a "long-term holding" prerequisite. They originally wanted to cause trouble, and even if they knew it, they would selectively ignore this point.

After the market closed, the major stock forums and communication groups were filled with complaints, whines, and denouncements against Big A.

[The 2850 baby bottom mentioned by Da Xiao has also been broken. Just wait for Da Xiao to create new words. What is the next bottom? ]

[The bottom of the placenta, the bottom of the embryo...(face covering.jpg)]

[Alas~, it’s another thousand-share limit drop. Not only has it broken 2850, but it has also broken 2750. My big A-shares, when will you stop the plunge...]

[Why did it plummet so much? Panic, panic again. Once the key point falls below the key point for the second time, it will inevitably trigger a panic flight. The trading volume in the afternoon is getting higher and higher, which fully illustrates the seriousness of this stampede escape...]

[Team Guo Jia, super main force, where are you? The Sauras have already pressed forward with their troops, and Big A is about to raise his hands and disarm. Although the media and newspapers have issued serious warnings, it is useless to just scare people with words. You have to fight them with real swords and guns! ]

[How do you know you didn’t do it? You don’t know anything about the foreign exchange market, right? On January 11, the offshore RMB exchange rate surged by more than 1,000 basis points. Did it happen on its own? All the stars have already invested 2 trillion yuan in the offshore market, and today they are still labeled as currency manipulation by the ugly country. Do you call this super main force fighting against the international short sellers without real swords and guns? ]

[I know, what are you in a hurry for? I didn’t say anything about God K. I am also a believer in God K. What I’m angry about is, do we have no one except God K? What about everyone else? What about other institutions? Where have they all died? ]

[Good question, I want to know too. ]

[To be honest, although I also hope that K God can raise a big ace again like last year, but now everyone with a discerning eye knows the situation in the foreign exchange market. The stars (K God) are facing off against the Sosos in the foreign exchange market. Sniper, the foreign exchange market is the most advanced position, and judging from today's news, God K must have an advantage. Otherwise, why would Lao Mei accuse him of currency manipulation at this time? Obviously he is in a hurry. It is really too much to ask God K to take care of the stock market...]

[K God: It’s too difficult for me! ]

[Yesterday I suggested that everyone reduce their positions, and today I recommend them to reduce their positions again. There is nothing you can do about this extreme market situation. You don’t expect to make much money, but you must lose less money. You can miss the market, but you can’t make mistakes. ]

[Laughing to death, if you fall to this position, you want to reduce your position? What did you do early? ]

[as long as you are happy. ]

[Galaxy concept stocks have experienced another sharp decline, and it has come to a happy time. People who said last time that they would stud after a big fall in the future dare to get on the bus now? Ha ha! ]

[So what if you dare? There is no chance anymore. It cannot reach the threshold of SGX. Even if you want to buy it, you can't buy it. ]

[I can’t buy stocks, but there is the New Certificate 50ETF. ]

[Don't say this, just tell me you bought it without saying anything else. ]

[Nonsense, I definitely bought it. The more it fell in the past few days, the more I bought it. I have already added half a position to it. If the NSE 50 index can fall below 600 points, I will directly fill the position. ]

[Anyway, I believe in God K. I bought the New Certificate 50 ETF with the intention of holding it for a long time. To be honest, I hope it will fall a little more. I don’t believe it in others, but can I still not believe in God K? After all these years, when has K ever tricked anyone? Which of the early wave of people listened to him and didn’t get rich? ]

[I was a little hesitant to buy the new certificate 50ETF. After hearing what you said, I will take it again. ]

…

In the meantime, stay in the villa quietly.

At this moment, Fang Hong was scrolling through comments on his personal Weibo account, looking at the latest messages.

Sitting next to him was a beautiful assistant who had returned from the company. She looked at Fang Hong and said: "After the market effectively broke through 2850 points today, the remaining financing, capital allocation and even some stock pledges that have been potential for a long time have also been released." They all have to face the risk of liquidation. Among them, the gradual emergence of the risk of stock pledge liquidation may further intensify the systemic risk of the market..."

Fang Hong read the messages in the comment area and replied slowly: "I know what you want to express, but what does it have to do with us?"

Tian Jiayi was dumbfounded. He found that this guy had become less and less concerned about the motherboard since the establishment of the SGX. Tian Jiayi spoke again: "But this is also an excellent opportunity for bargain hunting on the main board. Pledge positions are being liquidated one after another. Even I know that this is a great opportunity for bargain hunting. You can't possibly not know, right?"

Hearing this, Fang Hong turned his head and glanced at Tian Jiayi and said with a smile: "You have to copy the bottom, and you have to have a good name. Don't worry, in fact, I have been waiting for someone from the village to call me these past few days. As long as you ask, we will enter."

Hearing what he said, Tian Jiayi quickly understood and couldn't help but said: "You are better at..."

Taking the initiative to enter the market at this time may lead to people saying that Qunxing has taken advantage of the investors. Although the current market is definitely looking forward to incremental OTC funds coming in, after all, this is good for the market.

But Fang Hong obviously planned to get both fame and fortune, and waited for people from the village to contact him. At this time, from the outside, it seemed to outsiders that Qunxing had entered the scene on behalf of others, and originally planned to eat melons on the shore. If you properly demonstrate a righteous demeanor, when the time comes and you make money, you will say that you are a virtuous person worthy of your position and you deserve the money.

In this way, wouldn't it be more beautiful?

Tian Jiayi suddenly asked, "What if I don't contact you or ask you for help?"

Fang Hong suddenly said concisely and concisely: "No, it will definitely happen."

In order to save the market at this time and in the extreme market environment, the key is to save people's hearts and confidence. Today's stock market plunged again, which is actually a serious lack of investment confidence in the market. The panic effect caused by this continued to play out, and eventually led to a massive flight of funds from many parties.

There are only a few coping strategies for this situation, or there are some real big benefits, such as reducing stamp duty, but this is obviously not the tool that the village wants to spend most.

The most cost-effective operation is of course to call Fang Hong and ask him to come out and boost confidence in the market. The effect will be no worse than reducing stamp duty, and maybe even more effective.

The key is, this is very cost-effective, why is face so important? It's nothing compared to wearing a hat on your head.

At the end, Tian Jiayi said immediately: "Okay, I will arrange the trading team in advance when we arrive at the company tomorrow morning. You can send me a message at any time."

…

The next day, Wednesday, January 27th.

Last night, European and American stock markets experienced rebounds and surges, but the surge in external markets did not affect the decline of A-shares shortly after the opening today. The vast majority of investors were almost disappointed.

The Shanghai Composite Index fell sharply in two stages, all the way through the 2,700-point mark, reaching the lowest level of 2,638.30 points. The market fell by more than 4 percentage points and hit a new low for the year.

Although the NSE 50 index next door is a little better, it still hit a new historical low since the market opened. The intraday low reached 780.15 points, a drop of more than 2.33 percentage points. The cumulative decline since the market opened was -21.98%, and it has dropped by -21.98% since the market opened. The cumulative decline is -25.81%, which seems to have entered the so-called technical bear market.

Yesterday, we experienced a plunge that reached the limit of 1,000 shares. Today, the market index fell like a falling stone. Even pledged positions were being liquidated. The village finally couldn't bear it anymore.

Looking at the current A-share market ecology, public equity funds have already pretended to be dead, most private equity funds have become zombies, ordinary retail investors have been deeply trapped, and the only ones who still have the ability to fight are the top technical players.

However, these technical players cannot save people's hearts and confidence, nor can they have a significant boosting effect on the general trend.

There is another force at this time, and that is the stars!

Even in this extreme market environment, there is power to turn the tide. In fact, the village has been secretly waiting for Qunxing to take action, but after waiting for so many days, there has been no movement, so they have to put up an old face and take the initiative to call for help and then raise a hand. Although I know that you are in a fierce battle with the enemy in the foreign exchange market, and the request is a bit too much, but please be sure to spare some effort and raise the big A.

…