My Fintech Empire

That night, the three major stock indexes fell again when the magnesium stock market opened. The Dow Jones Index fell more than 5 percentage points during the session, breaking through the 19,000-point mark, and fell all the way to the 18,000-point defense battle. The three major stock indexes all hit a new historical low.

Global stock markets once again encountered Black Monday.

Market confidence was already fragile, and now Fang Hong has done this again, even openly saying that he would blow up inflation in Amagnesia without disguising it, and he really wanted to raise prices.

This scared investors around the world, especially those top multinational investment institutions, who knew very well that Fang Hong’s words were definitely not nonsense.

If Dongda carries out a large-scale collective price increase for magnesium-exported industrial manufacturing products, Amagnesia’s inflation will definitely explode, triggering a chain reaction.

You know, many local people in northern magnesium buy a shirt as a disposable consumable. They will not wash it and wear it repeatedly, but throw it away and buy a new one directly, because it is cheap.

The big picture can be seen from the small.

The locals of Amei can live like this. They wear a piece of clothing without washing it and throw it away before buying a new one. These are all cheap goods exported from the East.

If the price goes up, will they still consume like this?

Moreover, Amei is now giving money to all the people. Another phenomenon is that "supermarket zero-yuan purchase" has been staged in various places. In the end, they will acquiesce to "zero-yuan purchase" because the top squid group of Amei finds this to be a good way to divert the contradiction.

The overall cost is also acceptable, and it can also be used to create contradictions within its bottom layer, instigating the bottom layer to fight each other, thus ignoring that the top squid group is the real culprit.

But if the huge amount of cheap manufacturing goods from Dongda starts to increase in price, or even no longer cheap, the soaring inflation can no longer be suppressed, and the final reflection is that the overall cost has soared sharply, rising to the point that they can no longer support the bottom layer to continue "zero-yuan purchase" and no longer be able to divert the contradiction, and the chain reaction will surely come as expected.

There is no doubt that this is something that the top squid group of Amei is very afraid of, otherwise they would not see Fang Hong so strong and did not continue to hold on, but chose to slide down at the speed of light, and settle the matter as soon as possible and turn the page.

But A-Mei never expected that Fang Hong didn't want to turn the page so easily.

All kinds of capital are cunning, and they feel that things will go wrong at this time. They all start to run away to avoid risks, which is tantamount to adding insult to injury for magnesium stocks.

What is certain is that Fang Hong will never turn the page lightly. This super black swan impact has caused chaos in the global capital market, and the Qunxing Group has made a lot of money, which is more than 3 trillion US dollars in wealth.

But this wealth is not really in the pocket. It has not flowed back yet and is still dormant and undisclosed.

Fang Hong is sure that once A-Mei finds out, he will be 100% furious and will definitely not be able to play. He will not hesitate to pull out the network cable, tear up the agreement and act like a rogue. It is definitely impossible for Qunxing to easily pocket it.

After all, this is more than 3 trillion US dollars of wealth, not 300 million US dollars. This is not wooling the sheep but directly cutting off a leg of sheep.

If you want to make this wealth truly pocketed, there will inevitably be off-site battles and bargaining. This price increase will cause inflation within the United States, and the 15% indirect tax will be the heavyweight bargaining chips for the next negotiation.

If you, United States, can't afford to lose and want to take action on this wealth of more than 3 trillion US dollars, then I will really explode your internal inflation without any scruples, and the 15% increase in indirect taxes will also be implemented at the speed of light.

Obviously, at present, it is just a wave of price increases for the galaxy companies. The country has not used the 15% indirect tax increase. It is used as a bargaining chip to pave the way for the off-site battle to make the 3 trillion US dollars of wealth pocketed smoothly.

Of course, there are definitely more chips than just indirect taxes. Dongda now has many cards to play, and many of them are good cards.

Late tonight, at about 16:00 pm, Eastern Time, the Federal Reserve of Magnesium once again released a series of rescue moves, announcing unlimited QE, support for CMBS, establishment of SPV\u0026ESF guarantee 30, primary market corporate credit tool PMCCF, secondary market corporate credit tool SMCCF, restart of regular asset-backed securities loan tool TALF, support for ABS-MMLF, and support for CD-CPFF fee reduction and expansion.

This series of moves by the Federal Reserve of Magnesium once again shocked the epic all-in, and the global capital market was shocked.

No liquidity? Direct unlimited QE, nuclear-powered money printing machine smokes, direct unlimited money printing, magnesium stocks must go up.

…

The next day, Tuesday, March 24.

Yesterday's downward trend did not continue today, thanks to the event-driven news of two major news.

One is from the mainland. Fang Hong posted on Weibo again yesterday and held an online voting activity to decide whether to increase prices or not. The result is already known. Confirmed price increase, regardless of whether the process is hasty, but the confirmation of price increase is a fact that will be set in stone, and there will be no suspense.

One is from the outside. The Fed launched unlimited QE and other big moves, and the Asia-Pacific peripheral stock markets have begun to take off. The 225 index opened at 8 am and opened higher by +4.54%, and then continued to rise.

When the big move of unlimited QE came out, everyone knew that even if the Fed died, it would lift the stock market out of the ICU. No one dared to be bearish on the market anymore. People have already used the big move of unlimited bullets. The next step must be to ensure that liquidity is sufficient until the market is pushed up.

As for tomorrow? Let's survive today first.

At 9 am, the SGX SGX 50 Index opened, opening up +1.05% today.

In terms of individual stocks, those stocks with price-increasing concepts that collectively fell yesterday, saw a large-scale daily limit rise during the bidding stage today, and a daily limit surge occurred after the opening.

In terms of indexes, the SGX 50 Index opened high in the morning. Although it fell to yesterday's closing price during the session, it quickly rebounded to form a deep V-shaped trend and successfully recovered the integer levels of 5,400 and 5,500 points.

As of the close, the three major A-share indices all ended in the red.

The SGX 50 Index rose +2.75% to 5546.77 points; the Shanghai Composite Index rose +2.34% to 2722.44 points; the Shenzhen Component Index rose +2.37% to 9921.68 points. The three major trading markets had a total turnover of 1566.3 billion, of which the SGX market had 853.8 billion.

Today's market is a shrinking rise. From the perspective of volume, the SGX market has entered the first time since 2020 that the turnover has been below one trillion for two consecutive trading days, which also shows that the market has passed the excitement period.

Everyone has been tossed around enough, and many people don't want to toss around anymore, so they just lie down, and it is reasonable that the volume has dropped.

...

Around 17:00 in the afternoon.

"Huh? Qatar suffered a nationwide power outage?"

At this moment, Fang Hong saw a report on the Yangshi News Channel that surprised him.

The cause of the accident has not yet been clarified. It is said that someone deliberately retaliated, but there are also claims that it was because of the mask incident that no one was working and the unattended state led to a serious accident.

Moreover, Qatar is one of the rich people in the Middle East. Their power generation is mainly based on oil and natural gas. Because of this, the gas and oil explosion caused great physical damage, which could not be repaired and restored in a short time.

Fang Hong, who saw the news, paused for a moment and immediately called the beautiful assistant in the company: "Didn't my joint venture subsidiary with Jiangnan Shipyard have a nuclear power ship put into operation some time ago?"

Tian Jiayi replied: "That's true."

Because the news of the capital market and the news about masks have dominated the news searches recently, the news that the first mobile nuclear power plant ship at sea in human history was launched and successfully put into operation has not become popular, and has not attracted widespread attention and heated discussions.

This is another unique skill of Dongda. It directly miniaturized the nuclear power plant and moved it to the big ship, and it was successful. This is definitely another black technology unique to Dongda, involving many unique and leading technologies, such as the miniaturization of nuclear reactors.

Fang Hong immediately said: "This is the right time to do something. Qatar has suffered a major power outage and cannot be restored in the short term. This is a very good promotion opportunity. We should try to send a nuclear power ship to the Persian Gulf to provide emergency power to Qatar."

...(End of this chapter)