My Fintech Empire

Chapter 892 [Supporting Guangsha before it collapses, turning the tide before it collapses]

This kind of play idea is present in many subsidiaries of Qunxing Capital. Quantitative Capital, which is run by Chen Yu next door, also plays this way. The anthropomorphic artificial intelligence classmate Xiao Ling has spent astronomical amounts of money to operate this IP image, and even A data center and computing power center are specially provided to support its operation.

With such a high-standard threshold, let alone small and medium-sized companies, even giants such as Microsoft and Google must carefully consider whether to follow, let alone some start-up companies.

This approach is completely opposite to Wal-Mart's strategy of insisting on low profits. Wal-Mart relies on low profits to prevent others from making money and gives up entering the industry. However, Wal-Mart can rely on its own scale effect, which is impossible for newcomers to the industry. scale effect, so he cannot survive.

Whether it is Wal-Mart or Qunxing Capital, the two seemingly opposite strategies ultimately lead to the same goal.

If others don't even have the desire to enter the market, then they will naturally eliminate a large number of competitors, thus consolidating their position in the industry.

In the next few days, the drama "Three Kingdoms" produced by Yixing Media Group will continue to be popular. After reaching a new high for the year, the A-share market will rise again on Monday, December 22, launching towards the 3200-point integer mark. Bullish charge.

However, it failed in the end. After rising to 3189.87 points, it surged higher and fell back. It also made a sharp correction in the next two days. The Shanghai Stock Index fell sharply -3.03% on Tuesday and -1.98% on Wednesday, closing at 2972.53 points, 3000 points in two days. The integer barrier fell again.

This rapid correction did not cause much panic in the market. Many investors even boldly bought the bottom when it fell below 3,000 points. This is very different from the market panic report during the previous crash. This is different from the previous period. Fang Hongfa’s Weibo has great relevance.

God K judged the short-term market early. The market has experienced a large and rapid increase, and there must be a need for adjustment. Now this trend has once again fulfilled K God's prediction of the market.

Don't panic, everyone, God K has said that the market outlook is expected to continue to rise, and this kind of rapid and sharp decline callback is a good opportunity to get on the train.

Meditation in the villa.

"According to the report from the wealth fund, as of yesterday, more than 8.6 million families nationwide have subscribed for the first phase of fundraising, and the total funds have reached an astonishing 6.17 trillion yuan, which is three times more than the subscription scale." Tian Jiayi came to Fang Hong reported this matter to him.

The goal was to receive 2 trillion yuan. As a result, more than 6 trillion yuan of funds were willing to be handed over to wealth funds for investment management, and in less than a month, this appeal can be said to be unique to Qunxing Capital. No semicolon.

It is not without reason that it is so popular. In the eyes of many people, as long as the money can be successfully handed over to the hands of wealth funds, it will be a win-win situation. This is an opportunity that has been rare in ten years.

Stud and that's it.

Tian Jiayi looked at Fang Hong and said: "Now that the quota has been exceeded several times, can we terminate the fundraising date in advance and advance the lottery process? In this way, the funds can be put into operation quickly."

Hearing this, Fang Hong stopped and said, "No, just complete the process according to the established deadline. We will continue to accept investors' subscriptions before the deadline. An important point in the wealth fund sector is fairness, fairness, and fairness."

Fang Hong immediately added: "Ending it early will cause some resentment. For example, if you say I calculated your fundraising date and I was making money everywhere, but you ended the date early and made me work in vain, it must be I’m going to scold you.”

Even if you apply for a ticket, you may not be able to win the lottery and get on the bus successfully. If you apply for the ticket but don't win the lottery, he will only blame himself for his bad luck. He will blame himself instead of blaming others.

However, if the subscription was ended early and he was unable to get on the bus, thereby disrupting his original plan, he would feel that it was your wealth fund's fault, and he would feel that it was unfair to him.

Therefore, we cannot end it early just because the subscription scale exceeds the quota by several times. Once the original process is set, we must go through all the procedures in accordance with the set process. In this way, we will not be able to find any faults. After all, wealth funds are aimed at non-specific groups across the country. It is quite different from the private placement situation.

At the end, Fang Hong smiled and said to himself: "I don't know what the real estate business community will think after seeing this."

The current property market is in a slump, facing huge pressure to destock, and houses cannot be sold.

But the wealth fund here has oversubscribed more than RMB 6 trillion in less than a month. The general public is rushing to buy this financial product, almost to death, but no one is interested in the property market, and they are almost thirsty. died.

To a certain extent, wealth funds siphoning trillions of funds will also have a great impact on real estate, because no matter how much running water there is, there will always be an end. If you siphon a few trillions, it means The property market next door will cost trillions less to enter.

Because wealth funds are targeted at married families, and they are all targeted at middle and lower class people. This class is also a married family, and there is a strong demand for buying a house. In fact, there are quite a few groups who can only choose the second choice. First, after buying a wealth management product from a wealth fund, it will be difficult to spare extra money to buy a house for a long time.

Not every such family can not only buy a house, but also spend hundreds of thousands or even millions of dollars to buy wealth management products from wealth funds.

Tian Jiayi on the side looked at Fang Hong with doubts: "You once told me in private about the dilemma that the property market will evolve in the future. You also said that you can still do it if you hold back now, but why did you choose to stay out of it? ? Not even saying a word?"

Hearing this, Fang Hong put away his smile and sighed: "It's not a matter of not being able to do it, it's a matter of not being able to do it. First, the industrial upgrading and transformation has not yet been completed. If the local area does not sell land, how can it get the revenue? Second? Second, if you take precautions against something that has not happened, others may not appreciate it. Instead, they may think that you are worrying unfounded, and may even think that the situation would be better if you don't do as you say. This is a typical case of putting a hot face on a cold butt. It’s human nature.”

Fang Hong added: "Even though I knew the stakes, but I couldn't get it right at the right time, I could only choose to say nothing and stay out of it. What we have to do first is to ensure that we don't overturn. If we can't even protect ourselves, It’s pointless to talk about anything else.”

Having said this, Fang Hong turned to Tian Jiayi and continued: "But staying out of the matter does not mean ignoring it. You must have great wisdom to deal with these things. In some cases, you have to wait until the problem is exposed before you can stand up. At that time, you can turn the tide. The person you are with is your highlight moment, and only then will people remember your good deeds. There is a big difference between providing help in times of need and adding the icing on the cake."

Fang Hong saw this question very clearly and understood what the only correct answer to this question was.

What we need to do now is not to go around the base of the tongue, which is useless and annoying.

What you really need to do is to strengthen your inner strength. Don't wait for someone to come to your door and ask you to put out the fire. Instead, you must have the real ability to stand up at that critical moment, support the building from falling, and save it. The storm is about to fall.

In this way, I will be grateful to you in every possible way and understand your importance more deeply.

Fang Hong's "internal strength" is actually two aspects. One is to transform and upgrade to high-tech and high value-added industries, and the other is to create an independent valuation system for the galaxy and create a huge reservoir.

These two cards are the big and small kings. If thrown together, it will be the king bomb.

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