My Fintech Empire

The next day was Friday.

On the last trading day of the week, the SGX market opened first. The SGX 50 Index opened slightly lower today, falling below the 4,200-point mark, and the lowest intraday level was 4,188.84 points.

The Shanghai and Shenzhen markets next door also opened lower, with the Shanghai Composite Index falling more than 1.4 percentage points during the session, and the lowest level was 2,449.20 points.

After 9:33, the three major stock indexes opened low and went high. It turned out that good news had come.

First, the three major banks, two major associations, and three major meetings spoke together and proposed a number of positive measures to boost market confidence. At this time, Fang Hong also notified Tian Jiayi, who was in the company, to announce the arrival of the final payment of the tycoon's advance payment of US$50 billion.

At about 10 o'clock, Qunxing Capital disclosed an announcement to the public, announcing that the tycoon of Sat had also paid the final payment of US$50 billion for the advance payment. So far, the 100 billion US dollars in real money advance payment has been fully received. Soon after, the three major stock indexes began to take off under the impetus of intensive positive news.

As soon as the various funds in the capital market saw these news, they understood that the signal was obvious and they could no longer be bearish on the market.

In addition, the sharp decline in the past few days in the short term also had the need for an oversold rebound.

With the intensive release of good news and the demand for an oversold rebound, the three major A-share indexes rose collectively, and individual stocks on the market showed a general rise. There were only more than 300 stocks in the two markets that were in the red, and less than 60 stocks in the SGX market that were in the green, and almost all sectors were in the red.

In addition, technology stocks became the leading pioneers of the three major A-share indexes today.

From the market, the Shanghai and Shenzhen stock markets are stronger than the SGX market today, because the big financial sector next door is also very strong today. Especially the securities sector, which hit a new historical low during the call auction this morning, breaking the new low since July 25, 2014, and basically broke through the bull market gains from the second half of 2014 to 2015.

But after hitting a new low, it quickly rose all the way to the red, and the increase in the securities sector once exceeded 4 percentage points in the afternoon.

An important factor that cannot be ignored in this market is that Fang Hong issued a new instruction to Qunxing Capital, which is to increase holdings of securities and insurance stocks.

This is the first time he has increased holdings of securities and insurance stocks after a lapse of five years, and it is also the first time he has intervened in the big financial sector in three years since he reduced holdings of securities and insurance stocks in May 2015.

When the market was about to close, Fang Hong, who was staring at the market in the trading room on the second floor of his home, called Tian Jiayi at the company and told him: "Announce the $100 billion order from the rich man of Sat on the weekend."

The beautiful assistant on the other end of the phone replied: "Well, OK. Is there anything else?"

Fang Hong added: "Spread the news that Qunxing has increased its holdings of the big financial sector, especially securities stocks, on the weekend."

Tian Jiayi replied: "Got it."

After the call ended, Fang Hong looked at today's market again, and the market just closed at this time.

Today, the three major A-share trading markets rose across the board. The SGX 50 Index rose by +2.11% to 4291.75 points; the Shanghai Composite Index rose by +2.58% to 2550.47 points; and the Shenzhen Component Index rose by +2.79% to 7387.74 points. The three markets had a total turnover of 1077.3 billion, of which the SGX market had a turnover of 790.3 billion.

Foreign capital net inflow was 27.2 billion, of which the SGX net inflow was 22.7 billion, the Shanghai Stock Connect net inflow was 3.6 billion, and the Shenzhen Stock Connect net inflow was 900 million.

…

The next day, Saturday, Qunxing Group announced another blockbuster news. The cooperation with the Sat Tycoon reached a new height. After winning the epic $550 billion aerospace industry order, the Tycoon placed another super-large order worth $100 billion. The two sides carried out in-depth strategic cooperation in the Internet field, AI and big data.

The Tycoon wants to build the largest storage and computing integrated data center in the Middle East, and handed the order to the technology company of the Eastern power.

As soon as this news came out, the rich people in Sate once again dominated the Internet in Greater China, and became a hot search, attracting various media reports, and a large number of netizens and self-media also participated in the discussion.

[The rich are so rich that they are inhumane. Do they use the US dollar as Zimbabwean currency? ]

[I am puzzled. Do the rich people have opened the unlimited gold coin plug-in... (covering face.jpg)]

[God has given us food, but there is nothing we can do. We have oil and mines, and we are so rich... (laughing and crying.jpg)]

[It is not an exaggeration to say that the rich people's money comes easily like a strong wind. ]

[Rich people: I can't spend it all... (laughing and crying.jpg)]

[A few days ago, we reached a big order of 270 billion US dollars with Lao Mei, and bought more than 80 billion US bonds. Now we have placed a big order of 100 billion US dollars. I don’t know how to describe how rich the rich people are. ]

[Didn’t the rich report some time ago that the anti-Fu storm started by little Saraman had taken out 800 billion dollars from the pockets of a bunch of relatives?]

[Little Saraman has something, he is indeed one of the three most powerful people born in the 80s on the surface of the blue planet...(Shiba Inu.jpg)]

[If you don’t understand, just ask, who are the other two?]

[One is in our house, and the other is our next-door neighbor...(Erha.jpg)]

[Our house? That’s K God. I remember K God was also born in the 80s, so it must be K God without a doubt.]

…

At the weekend, another piece of heavy news shocked all the funds in the capital market. Rumors spread that Qunxing Capital had increased its holdings of large financial stocks on Friday, especially the securities sector.

Investors firmly believed that the news was not groundless, and a look at the latest K-line showed that the trend of the three financial idiots on Friday was indeed very strong, with the banking sector rising by more than 3 percentage points, the securities sector rising by more than 4 percentage points, and the insurance sector rising by more than 5 percentage points.

From the perspective of the market index, the performance of the three major trading markets on Friday was also rarely stronger than the SGX market in Shanghai and Shenzhen.

On this weekend, the news that Qunxing Capital increased its holdings of large financial stocks was spreading wildly in the circle, and a large number of self-media bloggers were also analyzing and interpreting this matter in various ways. Everyone couldn't help but think of the fact that before July 2014, Qunxing Capital had been increasing its holdings of securities stocks, from the beginning of 2012 to the first half of 2014.

The current position of the securities sector has basically fallen to the initial position of the bull market in July 2014, which has excited many funds.

Even many financial big V teachers have said that a new round of bull market cycle in the Shanghai and Shenzhen stock markets is very likely to come, and the bull market brokerages must be the flag bearers, not to mention that Qunxing Capital has once again intervened in the big financial sector, and this signal is already very strong.

Throughout the weekend, the attention of various investors in the A-share market to the big financial concept sector soared sharply because of this rumor.

There are also endless voices of bullishness.

For example, some people analyzed that in 2018, although the Shanghai and Shenzhen stock markets next door were bearish for almost a whole year, and even fell into a liquidity crisis several times, the two markets had almost no trading volume. However, the performance of brokerages is not bad. Although the Shanghai and Shenzhen stock markets have been bearish for almost a whole year and liquidity has almost dried up, at the same time, the SGX market this year has been setting new highs in the bull market cycle.

Moreover, the trading volume of the SGX market this year is quite large, and even the single-day trading volume has exceeded 1 trillion yuan many times. In normal times, the daily trading volume is maintained at 600 to 700 billion yuan. Because of the SGX market and the liquidity of the Shanghai and Shenzhen stock markets, there is still a volume of 300 billion yuan. In fact, the three major trading days of A-shares are in the trillion-yuan trading market most of the time this year.

The larger the trading volume, the better the performance of the brokerage firm, and the more commissions it earns. At the same time, the brokerage sector has fallen to the position of July 2014 in the past three years. The performance is not bad, and the price-earnings ratio has reached a historical low. The brokerage sector is definitely in the lowest valuation range in history. It is impossible to fall further. It may take off at any time. The only thing left is when the main force will start the market.

Today, the news that the stars have increased their holdings again came out. Isn’t it the big main force coming!

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