My Fintech Empire

The stabilization fund's move again quickly stabilized the originally panic-stricken market sentiment, and market confidence was lost and regained on the same day.

The new news on the weekend boosted market confidence again. The SGX Trillion Stabilization Fund announced that it bought six new certificates 50ETFs on Friday, with a net purchase of more than 67 billion on the same day.

In addition, the Wealth Fund also announced a piece of news that the second phase of the fund entered the market yesterday with a net purchase of more than 82.2 billion.

Investors have not forgotten that Fang Hong said on Weibo last year that half of the two trillion funds raised by the second phase of the fund will participate in the super project of "7 trillion storage and computing integrated data center", and the other half will enter the SGX secondary market, which is also one trillion incremental funds.

The second phase of the Wealth Fund also made a move, which is all real off-site incremental liquidity.

After the weekend, the stock market opened on Monday, February 12, and the SGX 50 Index rose +0.75% to 3311.09 points, returning to the 3300-point mark. The turnover of the SGX market shrank to 443.8 billion.

Obviously, no one is dumping at this position, even some trapped funds are now holding on.

In the next four trading days of this week, the SGX market continued to rise with a shrinking volume.

After the Spring Festival, the first trading day after the holiday, Thursday, February 22, opened. The SGX 50 Index further shrank by 347 billion, but rose +2.07% on the same day, standing above the 3400-point mark, and closed at 3436.94 points.

The next day, the SGX 50 Index went out of five consecutive positive days, and closed up again +0.83% to 3465.55 points. The SGX market increased its volume to 477.3 billion on the last trading day of this week.

On Monday, February 26, the SGX 50 Index rose for six consecutive days after a sharp drop, regaining the 3,500-point mark. Today, it closed up 1.40% again at 3,514.15 points, and the trading volume also increased to 626.5 billion, with a significant increase in volume.

The increase in volume was also expected. After all, in just six trading days, the SGX 50 Index rebounded from the previous low of 3,206.76 points, and the cumulative increase of +9.58%. The short-term funds that successfully bottomed out had a need to cash in the profits accumulated, and the funds that were previously trapped also had a need to be untied. In addition, it reached the previous high pressure level. These factors caused a lot of funds to start changing hands, and the trading volume naturally increased.

However, the SGX 50 Index regained the 3,500-point mark again, which also made countless stockholders worship and praise the SGX market, and gave all kinds of compliments.

Market participants generally expected that even if the Xinzheng 50 Index was strong, it would take at least half a month to return to above 3,500 points. It might take a month. As a result, it rushed up in just over a week and a day, forming a K-display combination of the ultimate deep V and island reversal in the near future.

Of course, while praising the Xinzheng 50 Index, the stockholders who were curious did not forget to DISS the neighboring stock. Although the Shanghai Composite Index also rebounded for six consecutive days during the same period, its strength was far less than that of the Xinzheng 50 Index.

Now the two major indexes are reversed. The Xinzheng 50 Index stands at 3,514 points, while the Shanghai Composite Index is at 3,329 points, with a difference of nearly 200 points. When it rises, the Xinzheng 50 Index is stronger than the Shanghai Composite Index, and when it falls, it is more resistant to decline than the Shanghai Composite Index.

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In the trading room on the second floor of Jingxinju Villa.

At this moment, it has been more than two hours since the closing. Fang Hongzheng is alone in this room. He is looking at a screen in front of him, which shows the trend chart of Bitcoin.

Its K-line chart shows that on December 18, 2017, the highest price of Bitcoin reached $21,993.56, which is also the highest price in history so far.

Starting from mid-to-late December last year, this round of Bitcoin bull market peaked at $21,993 and began to collapse. On the 5th of this month, it fell to $7,000, a drop of more than -65%, but it returned to above $10,000 today.

Last year was undoubtedly another record-breaking super market for Bitcoin, and its nominal market value once reached an astonishing height of $460 billion.

Bitcoin's strong performance is the result of multiple resonances. In June last year, CZ founded a certain exchange, and then moved the team from the mainland to Dongjing, because the country began to declare ICO (initial coin offering) as an illegal activity.

In the same year, the wallet was born, and Cardano was born in October. The market has been advancing all the way. By December 18, the price of Bitcoin was close to $22,000.

The main fund pusher of this round of super market actually comes from the Greater China market. Bitcoin has become a new way to transfer assets in the mainland, especially some illegal assets, which are frighteningly large.

For example, some people have collected tens of billions of funds through "illegal" Ponzi methods, and used this money to buy Bitcoin and then transferred it out. This scale is not just one or two, but also hundreds of millions and billions.

In this wave of super market, Fang Hongyin has been planning behind the scenes. Before the market started, he had already started to make moves, that is, to drive the gray income of those insiders, runners, and colonizers to Bitcoin.

After a while, Tian Jiayi walked into the room and put a document on the desk in front of him: "The latest information of the Sigma Fund you asked for has been sent over. The Sigma Fund is currently gaining fame in the West."

The fund was founded by German-born Sigma Baselitz, and the fund's name "Sigma" is named after him. It has been less than two years since its establishment.

But the outside world would never dream that this new star in the Western financial circle is actually a puppet, and the real owner behind it is Fang Hong and Qunxing Capital.

In less than two years, the Sigma Fund has grown and now manages more than $150 billion in assets. Sigma Baselitz's famous record was created in the encrypted digital currency market last year.

At the end of August 2017, when the price of Bitcoin broke through the high point of $5,000, Sigma chose to open a long position and directly leveraged $7 billion in leveraged funds. As a result, just after the position was completed, the price of Bitcoin plummeted, falling below $3,000 in just half a month. The investment of the Sigma Fund once suffered a loss of -40%, and the investors of the Sigma Fund were furious at the time.

Because Sigma Baselitz directly locked the Sigma Fund according to the terms of the agreement and did not allow investors to redeem it. When Bitcoin fell by $3,000, he not only did not stop the loss, but also leveraged to further increase his position by $5 billion. At that time, investors wanted to kill him.

As a result, after mid-September, the price of Bitcoin continued to rise, and turned losses into profits a month later, but investors were still very angry. Some people wanted him to stop profits and withdraw, but he refused.

In mid-November of the same year, Bitcoin continued to rise, from $8,000, $10,000, $15,000, $20,000 to nearly $22,000.

During this process, investors in the Sigma Fund went from anger to shock to surprise, and finally they were so happy that they couldn't close their mouths. Their attitude changed drastically, and they began to apologize to Sigma Baselitz crazily, and sent all kinds of praise and flattery, repeatedly saying that Sigma's decision to withstand the pressure and lock the fund was an extremely wise decision.

Sigma Baselitz closed his position when the price of Bitcoin reached around $21,000, and then he shorted $10 billion. In the following month, Bitcoin plummeted and was cut in half, and Sigma Fund made another huge profit.

This investment made Sigma Fund make $50 billion in about half a year. In addition, Sigma Baselitz also achieved amazing results in the North American stock market, crude oil futures market and foreign exchange market, bringing incredible returns to investors.

It also made the asset size of Sigma Fund soar from $13 billion to $100 billion in a short period of time. Now it has reached $150 billion because it has accepted a new batch of asset investment management entrustment plans. Investors are scrambling to entrust Sigma Fund to manage assets.

Sigma Baselitz has also become a new top trader who is very popular on Wall Street.

This is part of Fang Hong's plan, to create a god!

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