My Fintech Empire

Compared with General Manager Wu's emotional ups and downs, the NSE 50 Index at this moment is plummeting all the way, without even a decent rebound, falling below the 5-day average price line and the 10-day average price one after another. line, and touched the 20-day average price line at the lowest point, and the intraday decline expanded to 7 percentage points.

There are more than 200 stocks on the SGX, and there are less than 10 stocks in the red market. The screen is full of green, and generally there is a big negative line of more than 7 percentage points. The constituent stocks of the SGX 50 Index are all big stocks. The negative line is in a downward trend.

As the focus of this incident, WeChat is at the forefront of the storm. Today it has once again hit a new low.

As of the close at 15:00 p.m., the NSE 50 Index plunged -6.40% to close at 1318.01 points on heavy volume. The trading volume for the whole day increased to 203.5 billion, which was more than 80 billion compared with the previous trading day.

This latest big negative line has fallen, and the New Securities 50 Index has fallen by more than 16 percentage points from its historical high.

The previous incident of illegal reduction of holdings by WeChat's major shareholders had just been exposed, which caused the SGX 50 index to hit the exponential limit at the opening of the next day. It was not as panic as it is today. It can even be said that the big circuit breaker at the beginning of the year, SGX investors Not as panicked as today.

Today's rumors have caused the SGX to face a serious credit crisis for the first time. Many people came to this place before because they were attracted by your handsome appearance with thick eyebrows and big eyes. The more they looked at you, the more they liked you. The more they looked at you, the more they thought you were. It's different from next door.

The result was unexpected. Unexpectedly, it was still a virtue, fear of the strong and bullying of the weak, and double standards.

This not only disappointed countless investors, but also severely damaged market confidence. K-Shen’s live broadcast caused the NSE 50 index to perform an exponential daily limit. The next day, it continued to hold high, even though it was known that the current position was full of bubbles. Investment Investors are also optimistic and confident in the market.

But now that something like this has happened, looking at the inflated bubbles of those weighted indicators, it feels like people are being tricked into killing them.

It has been a week since such a serious incident occurred, and the SGX has not issued a formal response. Even Fang Hong has not made a sound. This is also a point that greatly affects market confidence.

There are even some investors who regard God K as their faith. They feel that God K has betrayed them, their faith has collapsed, and love has given rise to hatred.

…

Finally, around 8 p.m., SGX stopped being silent and officially responded to the market’s focus.

Investors from all walks of life gathered around to watch, and the response was shocking.

SGX’s response was to publicly condemn WeChat’s major shareholder for illegally reducing its holdings, and then it was gone.

There seems to be a lot of content in the whole article, but in fact it is all correct nonsense. It can be said to be nutritious, and the harshest words are just condemnation.

The entire capital market is in an uproar now, and this is a rhythm that needs to be dealt with coldly.

What followed was a lot of curses from investors. Seeing this response from the SGX, some people who still had expectations gave up their thoughts. Many people immediately lost their mentality, and even Defeated.

Some investors who hold SGX shares angrily cursed online, saying that such a response would be worse than pretending to be dead and not saying anything.

…

Meditation in the villa.

Tian Jiayi came to Fang Hong and said: "The SGX recently responded to the WeChat illegal holding reduction incident and only publicly condemned it."

Hearing this, Fang Hong was slightly surprised, and immediately looked at Tian Jiayi and said, "Public condemnation?"

The beautiful assistant nodded softly: "Well, that's all. It seems that General Manager Wu still failed to withstand the pressure of the stars, or the pressure from you. After all, he did not choose to seek truth from facts..."

After saying that, she couldn't help but sigh softly.

Fang Hong thought about it for a moment, and suddenly said with a bit of an intriguing smile: "You are right, but not entirely right. There was a rumor at noon, and now he sang like this so suddenly, I am very curious about him. What changes have he experienced in the past half day that caused him to change his nature so drastically?"

Tian Jiayi couldn't help but said in shock: "Is there a hidden secret in this?"

Fang Hong said meaningfully: "The news that came out at noon during the day must be his handiwork. He casts doubt on the market reaction. If the market plummets, he will use the market conditions as an excuse to kick the ball back. During the day, I felt sorry for him. But issuing such an announcement now almost clearly tells the market that there should be double standards in handling WeChat."

Speaking of this, Fang Hong tilted his head and looked at the beautiful assistant and added with a smile: "The rumors during the day can be denied at that time, but this official announcement represents the attitude of SGX as soon as it comes out. This is not asking for advice. .”

Hearing this, Tian Jiayi gently held his chin with his slender hand and lowered his eyes thoughtfully. After a moment, his expression suddenly paused. He subconsciously raised his eyes and stared at Fang Hong, and said with a dumbfounded expression: "Could it be that he wants to take himself as an example?" A stepping stone for SGX to establish its credibility?”

Fang Hongyun said calmly: "That should be the case. But what I am quite curious about is why he suddenly changed his temper so much in half a day."

Tian Jiayi said subconsciously without thinking: "If this is the case, there are no more than two situations. One is that he suddenly wants to understand and guess your true intention, and slowly realizes that you are testing him, so he makes a timely remedy and does not hesitate to put himself in the situation to seek help. One is that the merits and demerits are balanced; the other is that there are experts around him who give guidance and give him remedial suggestions. But no matter what the situation is, it shows that this person is not simple."

After hearing this, Fang Hong couldn't help but cast a special look at the beautiful assistant, and said with a smile: "Well, not bad, his thinking is quick and his words are to the point. His judgment has been significantly improved."

Tian Jiayi couldn't help but roll his eyes at him: "I have been with you all year round. Under the influence of what I have seen, heard, thought and felt for a long time, if you don't even have this ability to analyze logic, then it is not my problem, but yours. The problem shows that I am not good enough and limits my improvement."

Fang Hong was happy when he heard what she said.

After the interlude, Tian Jiayi returned to the topic and analyzed: "He chose to enter the game with his own body. The authority and credibility of SGX have been established, but General Manager Wu will definitely have to sack him. Once this happens, your intentions will inevitably be exposed." I know you want someone who is upright and pragmatic to run the SGX."

Tian Jiayi tilted his head and looked at Fang Hong: "Is there a possibility that the new guy is not as good as General Manager Wu? At least he has taken back half of the foot that he stepped out. Although he has flaws, he can still be used. And after this incident, he will definitely learn a lesson. On the other hand, when another person sees General Manager Wu’s lesson, he hides it deeper and makes it even harder to judge. What if this person’s performance is just for you to see? Isn’t it worse?”

…