My Fintech Empire

In the last few trading days of November, the three major A-share trading markets maintained a volatile upward trend. By the end of the month, the Shanghai Stock Exchange Index once touched the 3,300-point threshold, but in the end it failed to stand firm and fell back after a surge.

During the same period, the NSE 50 Index also reached a record high of 2155.87 points. The range increase from the historical bottom of 780.15 points has reached +176.34%, and the annual increase has also expanded to +115.58%. It is really a mess.

Just as the end of November came to an end, the craze for the concept of placards finally came to an end. The landmark incident was that Boss Yao's Bao Department was investigated for illegal entry into the market.

Yao Yuan thought that Wan Tiao's equity war, with Fang Hong and Qunxing Capital attracting firepower from the front, could stay out of it and make money happily.

In the end, he never expected that Fang Hong's opponents would pull him out and sacrifice him to frighten all parties. This was a very important signal that frightened other "barbarians" who followed suit. The signal it conveyed was: it can't be done. Fang Hong and Qunxing Capital still can’t defeat you?

…

Jingxin lives in the villa, in the study on the second floor.

Tian Jiayi entered the room and said to Fang Hong who was sitting in front of the computer: "The news just came out that Mr. Yao's Bao funds have been sanctioned. It seems that the wave of sign raising in the A-share market that has lasted for more than two months should be It’s going to fade away.”

Fang Hong said without looking back: "It's expected."

In other words, the market on the main board index driven by this boom is about to end, and the Shanghai Composite Index has just hit the 3,300-point mark and is about to undergo an adjustment.

After a while, Fang Hong turned back and glanced at the beautiful assistant and said: "After this wave, there should be a lot of funds on the main board cashing out and fleeing. Most of these funds are going to be profited outside. Now I am more concerned about the foreign exchange market. There, if nothing else, the United States should raise interest rates for the third time this year next month.”

Tian Jiayi nodded and said: "In the second half of this year, as expectations for U.S. dollar interest rate hikes continue to rise, the U.S. dollar index has been rising steadily and has reached the 100 mark, setting a 14-year high since March 2003."

She recalled the trend of the foreign exchange market and added: "On the other hand, the offshore RMB exchange rate against the US dollar began to fall continuously after the National Day this year. The 6.7 that was once considered an 'iron bottom' by the market was easily broken. It fell below 6.8 on November 11. It fell below 6.9 on the 24th and is about to break through the important psychological barrier of 7.”

Although the international short forces were defeated in the first round of attacks at the beginning of the year, they still did not give up. They just refused to leave. Throughout 2016, international shorts launched several rounds of attacks on the offshore RMB market. However, the scale was compared with that at the beginning of the year. Be small that time.

At this time, Fang Hong asked: "How is the country's foreign exchange reserves? Do you have the latest data?"

Tian Jiayi immediately replied: "According to major statistical estimates, from February 2016 to now, there has been a decrease of 719 billion U.S. dollars. The total decrease for the whole year has exceeded 1 trillion U.S. dollars, to 3.01 trillion U.S. dollars. It is only just over 3 trillion U.S. dollars." There is only one step left. If the foreign exchange contribution from the stars was excluded, it would have already exceeded the 3 trillion mark. This year’s capital flight is particularly alarming.”

With such an astonishing amount, it is no wonder that the offshore RMB exchange rate fell below 6.9 and headed towards the 7 mark.

Fang Hong smiled calmly: "It's just rubbish that nourishes people. Clearing out the rubbish is not a bad thing in the long run."

This year’s round of large-scale decline in foreign exchange reserves, although the flight of foreign capital is also one of them, is not the handling of the fleeing funds, but the majority of domestic capital fleeing to enrich and colonize people.

In April of the first half of the year, Fang Hong publicly confronted the group of people in the middle of the live broadcast room and made remarks about liquidation.

Then there were the black swan events of SGX, including the large A retail investors switching to SGX in the second half of the year, the five SGX 50 indexes being bought up by retail investors, the SGX theme fund subscription boom, etc. This series of major events all illustrate one phenomenon: those people are very uncomfortable now.

The rise of Fang Hong not only caused their interests to continue to be squeezed, but also made them afraid of the phenomenon of his rise, especially the SGX registration-based pilot project and the continuous surge of the SGX 50 index. The higher-ups are not worried at all now. The so-called bubble, and the tone of some so-called financial experts who talk about bubbles as mouthpieces, can no longer be deceived.

This makes the people behind the mouthpieces more and more troubled. They are not stupid. All signs indicate that the higher-ups are trying to protect the SGX and they also have great trust in Fang Hong. Now the 150 million shareholders of Big A are here Continue to "move" to the SGX. Once it is almost done here, will the higher authorities really start to take action? This is something they have to consider no matter what.

The stars and Fang Hong are now at their peak, and they cannot defeat Fang Hong, so these people have been thinking about it for the best.

Their big brothers behind the scenes are silently planning for the "worst case scenario", which is why this year's large-scale flight of foreign exchange reserves has occurred, which is several times larger than the flight during the same period in Fang Hong's previous life.

However, the country’s foreign exchange reserves have still not fallen below the US$3 trillion mark. Although the amount of money fleeing is staggering, in this life there is also wealth harvested overseas by Fang Hong and Qunxing Capital to hedge.

After a while, Tian Jiayi suddenly changed his words: "When you talk about Runren, the information sent back by our staff in Mexico is very interesting..."

In the early years, Qunxing Capital had a low-key layout in Mexico City. This was also Fang Hong's work. It was to prepare the layout in advance for the upcoming trade war. If America is new, there is a high probability that there will be a trade war. When the time comes, After re-branding at Mexico City, the products are still imported to North America, so it is not surprising that there are informants at Mexico City.

At this moment, Tian Jiayi continued: "According to the documents and reports sent back, they found that the number of illegal immigrants from China through the Mexican border has been growing very fast recently, especially in the second half of the year."

"And this group of people seemed to be quite familiar with the entry process there. They burned their passports as soon as they passed by, and then went directly to the local immigration police to surrender. However, because the local immigration prison was already full, there was no room for them. These people can only be released where they are, and they will be able to move around freely after three days.”

According to the description of the information sent back by the informants in Mexico, the entire operation process of the Run people was as smooth and familiar as a textbook. Compared with those Lao Mo, La Mei or the guys from the Middle East, they were not the same at all. grade.

Can it be called a dimensionality reduction attack...

Other illegal sip transfer guys were extremely puzzled when they saw these Dongfeng faces. They couldn’t figure it out. They really couldn’t figure it out. These people looked clean, carrying the latest Apple three-piece suit, and even dragged around a delicate The suitcases, they don’t look like refugees at all but they came over to steal this track from them. I really don’t understand, even if my brain’s CPU is dry, I can’t understand...

In fact, many of these Run people are actually very rich, but the money is somewhat problematic, otherwise they would not be involved in this track with the guys from Lao Mo, Latin America, and the Middle East.

At this moment, Fang Hong was thinking and his eyes were swaying from side to side. He didn't say a word but his brain was thinking rapidly. Seeing him like this, the beautiful assistant couldn't help but smile and said: "What are you thinking about? Could it be?" Are you planning to trick these people?"

She really guessed it right, but Fang Hong said calmly: "How can it be called a trap? They can get through it, but I have to get back the wealth they brought out."

Tian Jiayi immediately asked: "What can you do?"

…