My Fintech Empire

At the moment, the A-share market is full of bullish momentum.

The Shanghai Stock Exchange Index reached a height of 3403 points. The last time Big A stayed at 3400 points was on August 5, 2009. After five years, it regained 3400 points again, as if it was yesterday.

Many investors are filled with emotion. The past five years have been really difficult. The U.S. stock market has already climbed out of the deep pit created by the financial crisis in 2008, and has continued to hit record highs all the way. However, A-shares are only now in decline. It touched near the second high in 2009.

Now I'm finally getting through it, it's not easy.

Just when everyone was full of expectations that tomorrow this year would break through the 3,478 highs hit in 2009, and when the market was optimistic and emotions were running high, Big A suddenly changed its face, and it changed at will, without giving any time to react.

At about 14:30, the Shanghai Stock Index just stood at the 3400 point mark and stayed there for less than 15 minutes. Then it staged a dramatic dive from the high platform, which confused all the investors who were bullish today.

It turns out that when the economic data was revealed and it fell short of market expectations, Big A immediately changed its face.

In the last half hour of the trading session, funds fled like a stampede, and the market index continued to plummet, unable to hold back. It fell below 3,400 points, and also fell below 3,300 points. In the end, it dived and turned green.

After the close, the Shanghai Stock Index fell by -0.24% and closed at 3285.41 points. The daily K-line formed an ultra-long upper shadow line.

Investors never expected that after a sharp rise of more than 3 points, it could directly break through and turn down in less than half an hour.

When the market opened in the afternoon, when the market index was rising all the way, those who followed the trend were now in a state of confusion. Looking at the trend of the Shanghai Stock Index in the last half hour, people were numb.

[If you say you will change your face, you will change your face and accept it. ]

[That's it? That's it? ]

[Cheating gun market, this is...]

[I trapped your grandfather again, Wori! ]

[The U.S. stock market has hit new highs again, which is disappointing. ]

[Another day of wealth in the market and tears after the market. ]

[Fortunately, he got out of trouble and ran away. ]

[After a huge increase of more than 3 points, it can still close in the green. This is something I never expected. ]

[Don’t panic, it’s a technical adjustment. ]

[Economic data is not as good as expected, but it won’t plunge so sharply in half an hour, right? ]

[The day before yesterday, quantitative capital was chasing the high quilt. Today it fell more than 4 points, and it has already lost more than 10 points. What should I do? Can you come back? ]

[Let’s cut it. The day before yesterday, there was a huge amount of stagflation, and the main force obviously ran away with shipments. ]

[The question of quantitative capital is very paradoxical, and I can’t say it. ]

[Why chase after it has risen so high? You are really brave. Quantitative Capital is definitely a good company, but if you still dare to chase after the stock price has soared recently, it is not unfair to be trapped. No matter how good the stock is, it is impossible to keep rising. What's more, how can super large-cap stocks with more than 600 billion yuan continue to rise? daily limit. ]

[No way? Can anyone lose money on this ticket? Delist and stop playing. ]

…

After the market closed, investors conducted post-market analysis one after another, all blaming the economic data for the sudden turn of events at the end of the trading session on lower than expected economic data. This was one factor, and it was also another factor that the market reached 3,400 points and was in the intensive lock-up range.

But at the same time, the news disclosed by the wealth fund, which is regarded by everyone as a major positive for the market, is actually negative for the market.

Everyone thinks that the oversubscription of 7.19 trillion by the wealth fund is a super good thing, but in fact it is a good thing to cash in, but it is actually a bad thing. This matter has been speculated by the market for a long time. The funds on the market took advantage of the news disclosed by the wealth fund today to rush out. goods.

And today is also the day when wealth funds are going to conduct a unified lottery. It must be a day that attracts attention. How long will it take if we don’t ship goods at this time?

However, as a saying goes, a blessing in disguise is a blessing in disguise. People who ship at this position will not expect that the A-share market will soar above 5,000 points in the next few months. If they realize this, they will not Choose to ship at this time.

At the same time, the lottery ceremony for the Wealth Fund also started as scheduled today. The cooperative banking institutions have already summarized the data to the Wealth Fund. The lottery method is the same as the original Education Bursary Fund, and is based on the number declared by each province. Allocate indicators in equal proportions and then draw lots separately.

This ensures that most of the winning signatures are excessively concentrated in a certain province or region, and the occurrence of such extremely unlikely events is also eliminated.

Wealth Fund's work efficiency is very fast. This lottery uses an electronic lottery method. There are too many people involved. It is definitely unrealistic to draw lots on the spot. The electronic lottery method can produce the results on the same day.

At present, a large number of subscribers are paying attention to the latest developments of wealth funds, and are both looking forward to it and quite anxious.

You may not win the lottery if you subscribe. Judging from the data disclosed by the Wealth Fund today, there are 7.19 trillion funds to subscribe, but the actual fundraising scale is 2 trillion. According to loose calculations, the probability of winning is 27.81%, which is about every 1 Only 2,781 families out of 10,000 family units can win the lottery.

The winning rate cannot be considered low, but it is not high either. This is where I feel uneasy. If it is neither high nor low, the probability of winning the lottery is not small, but the probability of running with me is not small either.

As time goes by, the winning numbers will be released one after another. The winning numbers will be transmitted to banks across the country through the cloud. If the winning person happens to be the one receiving the loan, the bank will then notify the winning person to apply for the loan. formalities.

In addition, subscribers can also inquire on the official website of the wealth fund. Since the subscriptions are all real-name, they can directly enter their ID number in the corresponding inquiry window on the official website of the wealth fund, and then they can be queried. Whether you have won the lottery or not. If the official website shows that you have won the lottery and the bank says no, it means that you have been replaced.

Therefore, banks in various places cannot conceal or replace the quota, unless the applicant has negotiated privately and is willing to give up the quota, but that is another matter.

…

Around 17:40 in the afternoon, a second-tier city in China.

A man who had just turned 30 years old was walking home when he suddenly received a call. He looked at the caller ID and saw that it was a call from a banking institution. He answered the call and heard a voice soon: " Hello, are you Mr. Liu, the owner of this number?"

The man called back: "It's me, what's the matter?"

A voice came from the other end of the phone: "Congratulations, Mr. Liu, you signed up for the business applied for by the wealth fund."

The man named Liu was stunned for a moment, and then he was overjoyed: "Am I the winner?"

He then remembered that today was the day for the lottery for the wealth fund. He was still thinking about this yesterday, but today he was busy with other things and forgot about it.

At the same time, the bank staff on the other end of the phone also replied again: "Yes, congratulations again. I'm dissatisfied that you said that I also applied for the lottery, but it's a pity that I didn't win. I'm really envious."

When Mr. Liu heard this, he couldn't help but laugh and said: "Everywhere, you are all eating from the iron rice bowl, it's no harm."

The bank staff on the other end of the phone was quite envious. This is true. As a practitioner in the financial industry, he may know better than Mr. Liu the huge rewards that will come from winning the wealth fund lottery in the future.

After chatting for a while, the staff at the bank entrance returned to the topic: "Since you have subscribed for a quota of 1 million yuan, of which your own principal is 320,000 yuan, and the remaining 680,000 yuan is a loan. Please be sure to go to the bank window to go through the loan contract procedures within the next 10 working days. If it exceeds 10 working days, it will be deemed to be automatically abandoned and your winning index will be withdrawn."

Mr. Liu nodded quickly and responded: "No problem, no problem. I will go to the window to complete the procedures next Monday."

…