My Fintech Empire

The A-share market has more than 150 million stockholders and more than 500 million fund investors, and the number is still increasing rapidly.

By guiding them to gradually "move" their money from banks to the SGX market, Fang Hong can ensure that more than 70% of the vast majority of people in this market can enjoy the dividends of the capital market and promote a virtuous cycle.

It is better than them taking their money to play "Pittipip" or being cheated by various funds, which will end up blocking both ends, with wealth constantly concentrated in a few people, and finally causing economic sluggishness and sluggish consumption.

Another meaning of Fang Hong's launch of the 4 trillion housing plan is to boost the entire economy and consumption.

With such a huge size now, the market is sluggish and consumption is sluggish, and Qunxing has suffered the greatest impact and losses. This is actually similar to the salary increase given to employees by General Motors, which has calculated that stimulating their consumption by giving employees a salary increase can better boost the company's performance and profits, and the new performance can cover the cost of salary increase and still have a surplus.

Today, Qunxing has 14 million formal employees, which is an order of magnitude difference compared to the employee scale of the old Magnesium General Company, a full 20 times difference. With such a huge scale, the effect will be more obvious.

Fang Hong wants to remove the mountain of housing that the 14 million employees of Qunxing carry through the free housing welfare plan, and the consumption potential released must be quite amazing.

Without the pressure of this mountain, you can't imagine how fierce the consumption of young people is, such as clubbing, traveling, watching movies, shopping, etc.

A basic worker with a monthly income of 4,000 yuan dares to directly buy the "four-piece set" of Xingyu Technology without hesitation. The four-piece set of mobile phones, notebooks, tablets, and MIX head displays costs tens of thousands of yuan without blinking.

This is to promote the performance of Qunxing companies, so that the entire economy can circulate.

At the same time, the consumption potential released by these 14 million people is dispersed to all walks of life, and non-Qunxing companies can also benefit, and the entire economic market will be active.

Last year, the national GDP growth rate was 8.57%, and the total volume exceeded 109 trillion for the first time. In Fang Hong's previous life, the growth rate was 6.85%, and the total volume was about 83 trillion.

In the first quarter of this year, the national GDP growth rate reached 9.35%, which was achieved against the backdrop of the continued escalation of the trade dispute with America. It is highly likely that the growth rate will exceed 10 percentage points in the first half of the year.

In the second half of this year, it will only be more intense. It is highly likely that the annual GDP growth rate will break double digits again, because the "7 trillion storage and computing integrated data center" plan of Qunxing has begun to take effect.

At present, a 4 trillion free housing welfare plan has been launched, which directly removes the mortgage pressure of 14 million people, and their income is relatively higher than that of their peers.

Next, there will definitely be a lot of consumption, especially young people, who don't need to be stimulated to consume. After work, they don't know which nightclub to go to, and they don't know where to go to travel on vacation.

The latest data from Qunxing Capital's internal evaluation shows that the national GDP growth rate is expected to reach 10.65% this year, and the corresponding economic volume is expected to reach 120.6 trillion. The last time GDP growth reached double digits was in 2010, when it reached 10.64%. It was below double digits until last year, and the growth rate continued to decline by 7% for five consecutive years.

Until 2016, growth accelerated again, and it was still under the condition of maintaining quality, that is, relying on the growth acceleration brought about by industrial transformation and upgrading.

At the same time, 2016 was also the year when the SGX market was opened. After falling to 788.87 points during the initial circuit breaker, it has been bullish all the way until now.

The SGX market was also one of the very important factors for the acceleration of growth in 2016.

In 2010, the total economic output of the country was just over 41 trillion yuan, and it is expected to be 120.6 trillion yuan this year, an increase of +194% in eight years, nearly doubling the absolute growth.

With such a huge size, it can still maintain a double-digit growth momentum. Anyone who regards it as an opponent will be scared to tremble when seeing this growth. It is really too scary.

In the last century, it was still discussed that the domestic economy would surpass that of the small country by 2050. There was nothing wrong with making such a prediction at that time, because the calculations at that time took into account that not only the domestic economy was growing, but also the economy of the small country was growing.

But what people at that time never expected was that the economy of the small country had been almost stagnant for more than ten years, so it was 40 years shorter than the original expectation, and it surpassed in 2010.

And it was not just the small country, there was basically no growth in Europe.

The part of global economic growth in the past ten years was basically shared with America, and the rabbits in the East took the largest part of the growth.

As a reborn person who traveled through time and space, Fang Hong knew that in 2018 of his previous life, the total economic output of China was about 91 trillion, and in 2018 of this life, it is expected to exceed 120.6 trillion, and the absolute number of the two is nearly 30 trillion.

It can be seen that the role of Qunxing Capital and the influence of Qunxing today can also be reflected from these figures.

This is why Fang Hong dared to launch a 4 trillion free housing welfare plan at this moment, and it is also the reason why he is sure that America will never dare to kick Qunxing Capital out of the SWIFT settlement system.

In a sense, if one of the real estate market and the stars must fall, the country will definitely choose to let the real estate market fall. Because the former can almost be said to be coming to an end, while the latter is constantly expanding the incremental cake.

…

In the following days, in the capital market, the SGX 50 Index consolidated in a convergent triangle near the historical high of 3,700 points for two weeks, and finally ushered in an upward breakthrough on Monday, May 7.

On the same day, a long positive line with a large volume stood on the 3,800-point integer mark in one fell swoop, and rose by +2.95% after the market, closing at 3,830.17 points. The SGX market had a large volume of transactions throughout the day, reaching 618.8 billion.

The next day, Tuesday, the SGX 50 Index closed up again by +1.58% at 3,890.73 points, and the SGX market further increased its volume to 642.5 billion.

After that, it began to fluctuate upward with reduced volume. On Wednesday, it slightly corrected by -0.12%. On Thursday, it hit a new record high and stood above the 3,900-point mark. On that day, the volume decreased by 556.6 billion, and the Xinzheng 50 Index closed up +0.97% at 3,923.72 points.

Entering the second week of May, it continued to rise with reduced volume to set a new high. On Tuesday, May 15, the Xinzheng 50 Index closed up +1.15% at 3,979.11 points.

After two days of correction, on Friday this week, the Xinzheng 50 Index closed again with a long positive line and rose by +2.47%, breaking through the 4,000-point integer mark in one fell swoop, closing at 4,027.62 points, and the trading volume was once again enlarged to 600 billion.

Then, on the next trading day, the volume increased by 636.9 billion and closed up +1.20% at 4,075.86 points, and the highest intraday high reached 4,085.45 points.

In just half a month in May, the Xinzheng 50 Index has accumulated a cumulative increase of more than 10 percentage points. The stock index has stood above the 4,000-point integer mark, and the market is boiling. Discussions on major stock forums are extremely hot.

[What? It was still at 2,600 points half a year ago, and it has already exceeded 4,000 points? ]

[It’s so awesome! ]

[Suddenly I feel uncomfortable. It turns out that my A-share index has been rising all the time. It has been rising for almost a year...]

[It’s showing its chicken feet... (manually funny)]

[The annual line increase has exceeded 40 points. It’s awesome. Among the major stock indices in the world, the Xinzheng 50 Index is definitely the most beautiful one. ]

[I haven’t checked the market for a week, and it has exceeded 4,000 points? ]

[Foreign capital: I haven’t gotten on board yet! ]

[To be honest, it is hard not to suspect that this is because foreign capital was allowed to take over the market. The market has risen so fiercely, but the problem is that foreign capital is so stupid... (covering face and crying with laughter.jpg)]

[Then go play next door. The market next door has not yet reached 3200 points. It is super stable... (manually funny)]

[Hahaha! ]

[When the Xinzheng 50 Index fell to its historical lowest point of 788 points, the stock commentators were full of ridicule. When it was 1500 points, they said it was just a flash in the pan. When it was 2000 points, they said to be careful to take over. When it was 2500 points, the commentators shouted that the bubble was huge and very dangerous. When it was 3000 points, the commentators exclaimed that the universe top was coming. When it was 3600 points, the commentators called it a collapse due to the sharp drop and correction. Now it is 4000 points... The commentators have not thought of the words yet (Shiba Inu/.jpg)]

……