My Fintech Empire

Chapter 1158 [Survival by cutting off the tail? 】

Luo Qing'an knew that Fang Hong was expressing his bottom line demands by saying these things in a public live broadcast. The pace of this matter had already risen, and he had personally initiated it. It was such a big fuss that everyone knew that hundreds of millions of people were involved. Both eyes are watching.

If those people don't even spare their blood, they won't be able to explain themselves to the world.

To a certain extent, this was more or less coercive. Luo Qingan could see it, and the big guys above could see it at a glance.

Although I don't really like Fang Hong's approach, I have to understand this matter. After all, Fang Hong didn't take the initiative to stir up trouble. It was the group of people who bit him, and it would be unreasonable not to let people fight back.

But this is not important. The most important thing is that Fang Hong is so troubled. Although the commotion is very loud, it does not make the superiors passive. This is a decent place and the most important point.

In addition, Fang Hong's public spirit is far greater than his selfishness in this matter, and his flaws cannot be concealed in terms of love, reason, and the country.

The superiors now have the initiative in this matter, but they did not take action immediately. Instead, they first watched how the subordinates could make a fuss and did not take action easily, because once they took action, it meant that there would be no room for maneuver, which meant that no matter what the outcome, it would be Immediate death means that there is absolutely no possibility of any reversal.

At the same time, it was true that the group of people were terrified, but they did not sit still and were discussing countermeasures all night long.

The next day, weekend morning.

Tian Jiayi found Fang Hong in the Jingxin Residence Villa in Xincheng and said: "They responded quickly, and they counterattacked so quickly. Take a look at this news information, it came out not long ago."

Tian Jiayi said and handed a tablet that came by the way to Fang Hong. The latter took the tablet and browsed the news. Tian Jiayi added: "Yesterday's live broadcast took the country of Magnesium as an example. This article said that a certain These people are destroying the harmonious relationship with magnesium, and it seems that they are trying to push it to the level of foreign affairs in order to make the relevant parties avoid it."

Fang Hong looked at the tablet screen and said with a smile: "Haha, you can just say my name, and some people..."

After a while, Fang Hong threw the tablet aside on the sofa and said happily: "It's a good thing, this is an act of self-destructing a truck. I feel like I didn't die quickly enough."

Tian Jiayi couldn't help but said: "Is there any new news from Luo Qing'an?"

Fang Hong shook his head and said: "No, but no news is the biggest good news. Look, aren't they eager to jump out now? Isn't this a great opportunity to lure the snake out of its hole? Why don't you go with the flow? Don't say anything, no According to the news, more monsters and monsters hidden under the water surface gradually surface, wouldn’t it be easier to clean them up?”

Hearing this, Tian Jiayi nodded, thoughtfully for a moment, and then said: "But when it comes to foreign affairs, it becomes more complicated and involves more. There may be some concerns. How do you think the superiors will deal with it in the end?"

Fang Hong pondered for a moment and said slowly: "Objectively speaking, the time is indeed not ripe. The national strength needs to be mentioned again. If you take a heavy blow here, Lao Mei will definitely react. It is really not good for the situation to escalate. The end. It also means that it is our wishful thinking to completely liquidate them now. There is a high probability that it will take a few more years to make it possible, but our biggest goal has been achieved."

The biggest gain from this counterattack is to ensure that the SGX will not be affected, that is, the upper management will not be fooled by the financial parrots and prevent the SGX 50 index from rising.

After a while, Fang Hong glanced at the beautiful assistant and said calmly: "Think about it, are our opponents really that stupid? Don't they know that talking about foreign affairs is the act of self-destructing a truck?"

Tian Jiayi immediately looked at Fang Hong: "What do you mean..."

Fang Hong glanced at the tablet next to him and said, "What you see in this article is them fighting back. What I see is them admitting defeat and kneeling down to beg for mercy, playing the sacrificial style."

Hearing this, Tian Jiayi was stunned and said: "You mean, they are trying to survive by cutting off their tails?"

After thinking about the logic carefully, Tian Jiayi found that the more he thought about it, the more it made sense. The person clamoring in that article either didn't realize that he had become an outcast, or he took the initiative to sacrifice himself to protect the real big shot behind him.

At this moment, Tian Jiayi also truly felt that struggle really requires great wisdom and fearless courage.

Seeing Fang Hong's comfortable and leisurely look at this moment, she also knew very well that behind this comfort, he must be walking on thin ice, and the dangers involved were unknown to outsiders. This was no longer a small fight, but a cruel life-and-death struggle.

One step in vain may lead to catastrophe.

The next day, Monday, April 18th.

The A-share market opened as scheduled. Such a big thing happened during the weekend. The current capital market is also at a very sensitive moment. It is difficult to predict how the market will go. There are too many variables and too many unpredictable things.

This morning, the NSE 50 Index also opened low, opening at a low of -0.94% at 1311.96 points. After the opening, it opened lower and moved lower, reaching a low of 1302.41 points, with the decline extending to -1.66%.

Obviously, there are funds here that choose to avoid risks in the face of future uncertainty. In addition, the rise in the early stage was indeed too much and too fierce, the profit margin was too generous, and such a big rhythm appeared on the weekend. It can be called a battle between gods. Afraid of suffering from the disaster of pond fish.

But as time goes by, the funds withdrawn to avoid risks by cashing in profits early will soon regret it.

At 9:15, fifteen minutes after the SGX opened, the main boards of the two cities next door also entered the call auction stage. The market index finally opened at a low of -0.64%, and ended at 9:25 on the main board. At the same time, it was also the time when the New Securities 50 Index was about to fall below 1,300 points.

But at this time point and at this position, the NSE 50 Index did not fall below 1300 points and stopped falling and rebounded. In the next five minutes, it made a strong move from the underwater position of -1.66% to turning red and then rising. The bulls' The strength is impressive.

At 9:30, the main board had just opened, and the NSE 50 Index ushered in an unprecedented short squeeze, which shocked the entire market.

The main force behind long funds is not institutions, large investors, or hot money.

It's small scattered things, thousands of small scattered things.

What happened during the weekend caused thousands of retail investors to stay in Bengbu and break their defenses. As a result, investors moved to the SGX with unprecedented determination, including those who were deeply trapped and pretended to be dead. Having illusions, he resolutely cut his positions to free up funds, and then defected to the embrace of the SGX.

So decisive, so unhesitating.

This is why at 9:25, the NSE 50 Index stopped falling and rebounded, because the main board call auction ended, and retail investors on the main board cut their positions and exchanged them for cash. Some funds were freed up during the bidding stage, so they can Immediately switch to SGX.

More than 90% of retail investors on the main board cannot reach the million-dollar capital entry threshold of SGX, but there is no threshold for the SGX 50 ETF, so thousands of retail investors are rushing to the five SGX 50 ETFs currently on the market. internal funds.

A small chain of funds may cost tens of thousands of dollars, but what about a hundred? What about ten thousand? What about a million? What about ten million?

At this moment, the five major New Securities 50ETF funds were bought up by tens of thousands of retail investors on the market. At the same time, the main board index opened low and dived. Now, the big funds next door were rarely exposed to the short-selling power of the retail investors. Confused.

Funds flowed wildly from the main board, and almost all of these outflows poured into the five major NSE 50 ETFs, driving the NSE 50 index to soar wildly.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like