My Fintech Empire

Chapter 1539 [Amei: I have been honest, please don’t raise the price]

Many of the products in the chart listed by Fang Hong are products that Amei cannot get by herself and must be purchased from Dongda. For example, some parts in the aerospace field cannot be made by Amei herself. How can she make them without a production line?

You can't go to Brother San, right? Yue Nan can't do it either. In fact, no one can do it except Dongda.

Other companies either can't make it directly, or the products they make don't meet the standards, or the cost is so high that it's better to accept a 25% price increase for Dongda products.

Let's not talk about other companies, but once Fang Hong decides to raise prices, there will definitely be no resistance from those companies in the star system. If they say the price will increase by 25%, it will definitely increase by that much.

Now it is at the critical juncture of being hit by the black swan. Even if some industrial products that do not have monopoly advantages and can be easily replaced cannot be made now, they have to accept the price increase. Who made your own factory shut down and unable to make anything?

The next day, Friday, March 20.

At 9:00 a.m., the SGX opened the A-share market on time. The SGX 50 Index directly recovered the 5,500-point mark in the call auction, and opened at 5,543.66 points, a sharp jump upward +1.69%, which was a long-awaited high opening in March.

From the market, the more than 300 large and small listed companies in the galaxy supported the bulls of the entire market.

In particular, the listed companies that appeared in the chart in Fang Hong’s Weibo post last night opened directly today and went out of the daily limit. The companies that can appear in that chart are definitely a major positive for the company’s stock price, and it is a very hard price increase logic positive.

Market insiders believe that Fang Hong’s proposal to increase in indirect taxes by 15% may be suspenseful, but it is not impossible. With Fang Hong’s current energy, this is actually very likely, but if the 15% increase in indirect taxes is not implemented, it will be a major positive, which means that the 25% price increase will all belong to the company, which is all new profit.

Originally, the indirect tax of 15% means that the cost of the enterprise will increase by 15%, and the product price will increase by 25%, and finally earn 10% more profit. If the indirect tax remains unchanged without adjustment, then of course 25% will belong to the enterprise and be reflected in the profit and loss statement.

And from Fang Hong's attitude, if he really wants the companies in the Qunxing Star to raise prices, he will not reduce the price increase from 25% to 10% just because the indirect tax has not changed. He will definitely maintain the price increase of 25%.

Raising the product price by 25% at once is really a big benefit.

These companies in the Qunxing Star are already highly competitive, and some are still in a situation of technical monopoly in the industry. If you don't buy, you won't be able to buy, not to mention that under the background of the current black swan impact, you have to buy even if you don't have such an advantage.

After the opening, these beneficiary stocks staged a daily limit surge, and even the related stocks upstream and downstream of the industrial chain were also brought up.

However, the Xinzheng 50 Index fell back after opening high. This is because yesterday's super deep V trend was superimposed on today's sharp opening, and short-term profit-taking funds were cashing in profits.

As the short-term profit-making funds were almost turned over, the New Certificate 50 Index fluctuated and strengthened again. In the afternoon, it broke through the high point of the morning session and continued to reach a new intraday high. It successfully recovered the 5,600-point mark at the end of the trading day.

After seven consecutive days of sharp declines, today finally ushered in a general rise. Investors who have suffered losses during this period could not help but howl to the sky.

As of the close, the three major A-share indexes all ended in the red. The New Certificate 50 Index rose by +3.03% to 5,616.66 points; the Shanghai Composite Index rose by +1.61% to 2,745.62 points; and the Shenzhen Component Index rose by +1.30% to 10,150.13 points.

The three major trading markets had a total transaction volume of 1,724.9 billion yuan, of which the SGX market had a transaction volume of 1,007.8 billion yuan throughout the day, barely maintaining a trillion-yuan transaction volume. The shrinkage was very obvious, with a decrease of more than 180 billion yuan compared with yesterday.

The shrinkage and surge in the SGX market is not a surprise, nor is it abnormal, but it is too normal.

Because the day before yesterday, when Tian Jiayi reported to Fang Hong, it showed that the turnover and liquidation had exceeded 80%. Those who should leave have left, and those who are trapped cannot leave.

Data shows that in the last 64 trading days, the SGX market has 60 trading days with trillions of transactions, and the consecutive trillions of transactions have also refreshed the historical data. Such a large volume is also an indirect proof that the turnover and liquidation plan was completed within Fang Hong's expectations.

Those who got on the train a few years ago have almost jumped off the train in the past few months, especially in March. Generally, some bottom positions are left. They are unlikely to catch up immediately. After all, the black swan expectation is still there, and there are too many uncertain factors in the future.

Those who are already on the train are all new funds that have changed hands. Some of those who entered the market at 6,000 points are still in a floating loss state and are unlikely to move.

The center of gravity of the chip distribution of the SGX 50 Index has also greatly raised a center of gravity, indicating that most of the holders in the market currently have little floating profit on the books, and some are still in a floating loss state, so they have no selling pressure.

Unless the SGX 50 Index falls below the most important integer mark of 5,000 points, the holders in the market will have to stop losses and withdraw.

But this is basically impossible. 5,000 points is Fang Hong’s psychological minimum line. Even if the Qunxing Group uses its leverage ability, it must stay above 5,000 points.

In the coming days, if nothing unexpected happens, the trading volume of the SGX market will shrink to less than one trillion for several months.

The market itself needs a break. It is impossible to stay in a highly excited state for a long time. In addition, investors have been tossed around for a long time in the past one or two months. Everyone is very tired. Some people even lied down and started early.

"There is news from the North Magnesium. Just now, the Kashiwa Palace said late at night that the retired high-level congressman said that the theory of using US debt to offset compensation is his personal opinion and does not represent the Kashiwa Palace or any organization." At this moment, Tian Jiayi told Fang Hong the news with a smile.

Now this time node is indeed late at night in the Eastern Magnesium Time. This is not waiting for the dawn to speak out.

"It seems that this time it really hits the pain point of the North Magnesium. It is obviously afraid." Tian Jiayi said with a smile.

It is indeed afraid, because Fang Hong's posture is a bit scary.

The day before yesterday, he was completely disrespectful and listed the chart list last night. Will it be notified today and implemented tomorrow?

"Haha, the Shuaang Group is a typical bully who only bullies the weak and fears the strong. If you treat them well, they will think you are cowardly, and they will be more angry. Do you really think I will spoil them?" Fang Hong said lightly with a bit of sneer.

The beautiful assistant thought for a while, and couldn't help but say to herself: "For this matter, I found that the higher-ups didn't ask you to be low-key. If you spoke so strongly, the higher-ups didn't say anything. If it was put 10 or 20 years ago, you would definitely be suppressed and asked to be low-key, but it is obviously different now. I even feel that it is a tacit approval and encouragement."

For this kind of thing, entrepreneurs like Fang Hong are the most suitable to play the role of a hardliner. It's okay to open up the firepower output, and the initiative is on their side.

Amei has no choice. Amei should take it too seriously. Fang Hong is an entrepreneur. It's his personal opinion. It's not easy to raise it to the national level. But Amei, if you don't take it seriously, Fang Hong is not an ordinary entrepreneur. He really has the energy to promote some things.

Hearing Tian Jiayi's words, Fang Hong smiled and said, "No one is born to live a humble life, and dare not fight back when being scolded. In the past, we had to lie low and try not to cause trouble and endure it, but now technology has made breakthroughs in various ways, and last year's GDP reached 135 trillion. If we continue to live a humble life, our strength will not allow it."

Even in this situation, if we still have to be humble, then wouldn't it be in vain to increase GDP to 135 trillion? Wouldn't it be in vain to break through technology?

All of this is for the purpose of never wanting to hear others speak loudly to me from now on.

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