My Fintech Empire

Chapter 64 [Home appliances going to the countryside (seeking a monthly ticket)]

The following day, Monday 10 November.

The A-share market ushered in the first trading day of this week. Yesterday evening news, the upper management officially announced the "4 trillion stimulus plan" to stimulate domestic demand. The A-share market directly jumped sharply today and opened higher.

After the opening of the market, the market index did not take a step back, and directly pulled up and rushed up.

Within half an hour of early trading, the Shanghai stock index rose by more than 5 percentage points. At around 14:00 in the afternoon, the market rose again.

For the source of funds for the "four trillion stimulus plan".

First of all, Zhongyang is responsible for 1.18 trillion yuan.

The remaining three trillion or so:

The first is to support the local government to actively raise the funds that should be borne. The specific method is that the central government will issue 200 billion treasury bonds this year on behalf of the local government. That is, after the central government issues bonds, it will be transferred to the local budget and local deficit as local supporting funds. .

The second is to issue a part of positive policy loans, as a special positive policy under special circumstances. The specific method is to issue some positive policy loans with a relatively long term and relatively low interest rate as project capital.

The third is to expand the issuance of local corporate bonds, such as road and power renovations, which will have certain benefits in the future. Therefore, for projects that temporarily lack supporting funds, use local financing platforms to increase the issuance of corporate bonds to solve the lack of supporting funds. The problem.

As of the close, the A-shares and the two cities rose sharply across the board and Changyang closed in red. The Japanese K line closed a bald headed and barefoot Dayang line that jumped high and opened high. The Component Index rose +6.50% to 6127.12 points, with a turnover of 22.3 billion yuan; the total turnover of the two cities was 79.2 billion yuan.

Fang Hong didn't keep an eye on the market today, because he knew that today's market must be unilaterally rising. Qunxing Capital is managed by Huayu, and his personal account is Zhongxin Securities.

Today, this ticket rose all the way to the daily limit and closed at the end of the day. The whole day's turnover exceeded 3.6 billion. Fang Hong was lying on Ashin's body. Now his account funds have reached 19.6 million yuan, and he has made 30.6% of the income in the last four trading days. The absolute income is 4.6 million yuan.

Before Hexuan wanted to buy a car, Fang Hong satisfied her request and transferred 3.5 million yuan to buy her a Lamborghini. In these four days, he not only earned back the Lamborghini, but also gained more than one million yuan.

Fang Hong's current securities account has set a record of +42230.66%, which is more than 422.3 times the cumulative rate of return. Compared with the increase of the broader market in the same period, the trend curve of the Shanghai Stock Exchange Index is directly pressed against the zero axis at the bottom of the income chart.

Compared with the huge increase in the income of the securities account, Fang Hong is more satisfied with the rise in reputation.

Today's sharp rise in the market has also made many retail investors worship the great god "weathered salted fish". The popularity of Cao Chenghui's ID in the stock market circle is rising steadily.

The Shanghai Stock Exchange 50ETF fund closed up +9.29% today, almost at the daily limit.

Today's market conditions are dominated by heavyweight blue-chip stocks. You can get a glimpse of the leopard from the large lead of the Shanghai Stock Exchange 50ETF.

Cao Chenghui intervened last Tuesday, and now the floating profit has reached 15 percent. As long as some retail investors who followed the copying operation did not leave, they would all eat big meat, which directly led to a further rise in his reputation.

And this also indirectly brought benefits to Fang Hong. Today's reputation value has officially exceeded the 10 million mark, reaching a value of 10.53 million. The net increase of achievement points is 138,600 points. At present, the accumulated achievement points have reached 620,100 points , which can be exchanged for 6 item cards.

...

At about 16:00 in the afternoon, Fang Hong came to the headquarters of Qunxing Capital. Not long ago, he received a call from Huayu. It was inconvenient to say something important on the phone, and he needed to discuss it face to face.

The two good-looking young female receptionists at the front desk saw Fang Hong and quickly recognized him. One of the receptionists immediately urged her colleagues to call the chairman, and she walked out of the front desk to greet him.

"Hi Mr. Fang, this way please!" The receptionist warmly invited Fang Hong to the company's VIP room with a smile on his face. A few days ago, the chairman had personally explained it, so naturally he didn't dare to neglect, even though he still didn't know Fang Hong's background, he was still very curious.

Just after entering the company, Huayu came out of his CEO's office.

"Go and do your work." Hua Yu said something to the female receptionist, then looked at Fang Hong with a smile and said, "Brother Fang, this way please!"

After a while, the two entered the office.

Hua Yu closed the door, and Fang Hong asked, "What's the matter, let's talk."

He took a piece of material from the desk, sat down on the sofa in the rest area, handed it to Fang Hong and said: "This is the configuration of 1 billion. At present, only Zhongjin Gold is still 40 million short. Complete all warehouse building tasks according to your requirements."

Fang Hong took the material and browsed through it briefly, then put it aside, then looked at Hua Yu and said, "This should not be the focus of today."

Hearing this, Hua Yu nodded and smiled, "Indeed... By the way, Brother Fang, did you read the news last night?"

Fang Hong also nodded and said: "Well, I have read it, and the announcement of the 4 trillion stimulus plan is in line with my expectations and judgments."

Huayu didn't immediately get down to the topic of 10 billion yuan, but started talking about other things. He asked curiously: "How can we stimulate domestic demand with such a powerful loose policy? Is it possible that all of them will be invested in large infrastructure construction?" intend?"

The economy is under pressure. The old way to stimulate the economy in the short term is to build infrastructure. After the infrastructure is built on a large scale, the property market will start to move after the public infrastructure.

Fang Hong crossed his legs and said slowly: "In the current general environment, the financial tsunami is sweeping the world, and the troika of investment, consumption, and export should be able to boost investment. Now there is a 4 trillion stimulus plan, but exports are It must be hopeless, and the excess capacity under the financial tsunami environment must not be digested by exports, and consumption can only be digested by domestic demand. It seems that the only way to stimulate domestic demand is to rely on the help of farmers."

Hua Yu looked at Fang Hong and couldn't help asking: "Relying on farmers brothers to stimulate domestic consumption? How do you say that?"

Fang Hong said: "The country began to invest heavily in rural infrastructure a few years ago, and now basically every village has access to electricity, roads, and the Internet. The rural population of more than 700 million is a huge consumer demand. There is no internet, no electricity, no roads, etc. You are rural people who want to buy a refrigerator without electricity, buy a mobile phone without internet, and now that these infrastructures are in place, it will be different.”

After a moment's pause, Fang Hong continued: "My judgment is that the higher-ups will implement a policy of sending home appliances to the countryside, so that major home appliances such as refrigerators, color TVs, mobile phones, and washing machines will be introduced to thousands of households in rural areas, so as to promote consumption, stimulate domestic demand, and drive industrial development. production to cope with the impact of the current international financial tsunami."

Fang Hong is very clear about the subsidy policy for home appliances going to the countryside. It will start on the 1st of next month. The entire subsidy time window is from December 1, 2008 to the end of November 2012. Home appliances going to the countryside will be implemented nationwide. , As long as you have a rural household registration, no matter where you buy the home appliances, you can go to the financial bureau where the household registration is located to reimburse 13% of the purchase price of the home appliances.

Fang Hong looked at Hua Yu and said, "Isn't it hard to export this carriage now? The money originally subsidized for export was given to farmers through home appliances going to the countryside. Now the farmers brothers have saved a lot of money and improved their lives at the same time. Those who don’t have a TV at home need to buy TVs, mobile phones and so on. In addition, the money to subsidize exports will be subsidized to farmers, which will stimulate domestic demand and promote consumption in both directions, which is very good.”

"Generally speaking, in this global financial tsunami, we have more than 700 million farmer brothers who can stimulate domestic demand. We can help, and we are the most likely to become the first country in the world to emerge from the economic crisis."

Listening to Fang Hong's simple analysis, Hua Yu couldn't help but nodded: "It makes sense."

Fang Hong glanced at Hua Yu again and said, "Let's get down to business."

...

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