My Fintech Empire

The news disclosed by Qunxing Medical Group is also good for medical stocks, especially some medical testing institutions.

The market generally predicts that after the May Day holiday, the medical sector will definitely perform well, and some investors holding medical stocks are also quite excited.

Fang Hong also has clear arrangements for the upcoming free clinic tours of Qunxing Medical Group. Through this large-scale free clinic tour, a comprehensive health science popularization campaign will be launched. So much money must not be spent simply to deal with the "mask incident".

This large-scale event strives to popularize family medicine boxes to the whole people, and always have some internal medicines such as antipyretic and analgesic drugs, drugs for treating diarrhea, drugs for treating stomach problems, anti-allergic drugs, anti-inflammatory drugs, antipyretic drugs, etc.

There are also some external medicines, some alcohol, masks, etc.

It is carried out in the name of popularizing family medicine boxes, so that the "mask incident" will not cause panic and scramble for medical supplies when it sweeps the world.

For this matter, Fang Hong will also let the WeChat APP hold a small activity of answering medical knowledge questions, so as to guide the public to learn basic medical and health knowledge. Users who pass the small activity of answering questions can get a discount of two-thirds on the basis of the normal price when purchasing a small family medicine box.

A small family medicine box is not an empty box, but it will be equipped with a complete set of essential family medicines, masks and the like, as well as a medical health manual. In short, it is a one-stop package that is delivered directly to the home, and it is also free shipping.

Users do not need to go to the pharmacy to buy various medicines.

With such a small family medicine box, it will not cause panic among the whole people and brainless scramble for medical supplies.

It is worth mentioning that when the Qunxing Medical Group announced that it would launch a national tour free clinic, a group of secret agency personnel of Amerika on the other side of the Pacific Ocean also paid attention to it. They once suspected that their top-secret plan was exposed, which made Dongda alert.

But in the end, this doubt was dispelled. It was felt that the move of Qunxing Medical Group was just to collect big data on the health of the whole people as publicly stated, in order to cope with the rising pressure of medical resources brought by the aging population in the future, to prepare in advance and reduce costs.

The secret agency personnel of Amelika did not take it too seriously, defining it as a pure coincidence. Although it may hinder their plans to a certain extent, they still firmly believe that they can definitely catch them off guard.

…

May 5 weekend.

On the last day of the May Day holiday, a negative news came from the outside.

Dongwang posted on his social media account that he planned to increase the tax rate of 200 billion US dollars of Dongda products to 25% on May 10, and this news caused panic in the market.

In addition, during the May Day holiday, the Federal Reserve held its May interest rate meeting. If the market expected to keep the interest rate unchanged, Leopard Will's subsequent statement cooled the market's expectations of a rate cut.

In addition to the negative news from the outside, the mainland also had a major negative news for the two neighboring cities. The village recently relaxed the trading of stock index futures, relaxed the trading supervision of stock index futures, reduced the cost of shorting the market, and increased the leverage multiples of shorting the two cities.

In the evening, another super heavy negative news came out. An insider broke the news that the two neighboring cities introduced new delisting rules similar to the SGX market, which is unlikely to be implemented in the short term.

Good guy, this news made the stockholders holding small and medium-sized stocks in the neighboring market petrified on the spot, and they cursed on the spot that this is a pure scam!

…

Monday, May 6.

Affected by many negative news, on the first trading day after the holiday, the three major stock indexes collectively opened sharply lower, and fell unilaterally throughout the day. The market once again staged a scene of thousands of stocks hitting the limit.

The most powerful market today is the SGX market. Although it is also in the red, the relative decline is much more resistant to decline than the two neighboring markets. The two neighboring markets are in mourning and the hot spots have been lost. The Shanghai Composite Index plummeted -5%, the Shenzhen Component Index plummeted -7%, and the ChiNext Index plummeted -8%, creating the largest decline since the circuit breaker.

The stocks in the small and medium-sized start-up sector can be said to be earth-shattering, because these stocks have risen the most in this round of market. As soon as the news came out yesterday, the funds involved in the speculation of small and medium-sized start-ups fled frantically, and the transfer and financing were severely smashed.

The stocks on the full screen have already adjusted by 20 to 30 points. Today, they opened directly at the limit down. Those who did not run away before the holiday can no longer run away, and the coffin boards are directly welded.

The SGX 50 Index broke through the 5,000-point mark during the session, and the Shanghai Composite Index also broke through the 3,000-point mark.

As of the close, the three major stock indexes all ended in the red. The SGX 50 Index fell -3.76% to 4946.91 points; the Shanghai Composite Index plummeted -5.58% to 2906.46 points; the Shenzhen Component Index plummeted -7.56% to 8943.52 points.

The SGX market turnover broke 1 trillion again, the Shanghai and Shenzhen markets had a total turnover of 657.9 billion, and the three major trading markets had a total turnover of 1.65 trillion.

From the market, the single-day decline of the Shanghai and Shenzhen markets today was so large, but the trading volume did not increase synchronously. The reason for the decline was not that there were more sellers, but that there were fewer buyers, so it couldn't stop the explosion all the way.

On the other hand, the SGX market had the smallest decline, but the total trading volume for the day exceeded 1 trillion. Compared with the previous trading day of 620.8 billion, today's trading volume increased by more than 380 billion. The decline of the SGX 50 Index today was not only due to the large number of sellers, but also the large number of bargain hunters, so there was a large volume of trillions of transactions, and the decline was the smallest among the three major markets.

The wait-and-see sentiment of funds has been alleviated, and many people can't sit still and choose to buy the bottom.

The SGX 50 Index has fallen from a high of 5554.06 points to below 5000 points. This round of adjustment has accumulated a correction of -10.93%. The large increase during the first quarter has also been adjusted back to the half-quantile range of the increase. Referring to the fact that the index has bottomed out when it has adjusted to about -10% in most of the past, the wait-and-see funds can't help but start to sell.

Even if it falls further, it will not fall much, but it may rise at any time.

In short, investors have two different strategies for the SGX market and the two neighboring markets. Using the ideas of the Shanghai and Shenzhen markets to plan for the SGX market will only lead to failures. Vice versa, using the ideas of the SGX market to plan for the Shanghai and Shenzhen markets will lead to losses.

More than 90% of the thousands of stocks that hit the daily limit in the A-share market today are from the Shanghai and Shenzhen markets, while only more than 70 stocks hit the daily limit in the SGX market.

The worst of the two neighboring markets is the ChiNext Index.

In the previous first quarter, the ChiNext Index rose sharply, and the increase in the ChiNext Index exceeded that of the SGX 50 Index by a large margin. The index once soared by +58%, which can be said to be the most powerful in the world's major capital markets.

But now it is an interpretation of how fierce the previous rise was, and how tragic the current explosion is.

Because the rumor that the Shanghai and Shenzhen stock markets would also introduce new delisting rules similar to the SGX market has come to nothing, everyone knows that this is a strong expectation for the surge in the small and medium-sized start-up sectors in the two neighboring markets. Now that this expectation is gone, it is not surprising that there is a mess.

Many "big brothers" have successfully untied themselves in this round of market, because the story can no longer be told, and the upward momentum has been almost consumed. If they don't withdraw, this round of market will be launched in vain.

Moreover, they deliberately released bad news before the opening, just to reverse the transfer of financing for short selling, eat up the longs and then eat up the shorts, and the person who took the last baton paid for the hype of all the people in front, and left in the comment area to wail and curse that this is a scam!

…

(Ps: There are two more updates today)