My Fintech Empire

Chapter 927 [Both sides feel that they are losing]

While the outside world is waiting for news about the negotiations between the two parties, today on Monday, the A-share market also opened as scheduled.

When the market opened in the morning, the Shanghai Stock Index opened lower and hit a new low of 3049.11 points. The lowest intraday decline expanded to about -0.8%. After a wave of panic trading, it began to fluctuate higher and turned red and then rose.

Today is also the first day that Qunxing Capital can officially hold on to Weibo, ATL and other Qunxing stocks after it previously issued a shareholding reduction announcement.

It is true that the reduction of holdings has begun, but it is actually a stock exchange operation, because the funds undertaking the reduction of chips at the same time are the wealth funds. This reduction of holdings was originally a reverse operation.

Wealth funds are taking over large-scale chips and continue to buy stocks of listed companies in all galaxies.

At this moment, many investors saw that the stocks that had been reduced in Qunxing were changing hands on a large scale. Many people were surprised to find that these stocks faced such heavy selling pressure and did not fall. They opened lower in the morning. After that, it was already in red.

If investors boldly buy these Galaxy stocks at this time, they will basically catch a golden trap, because the current price of these stocks is already very low. In the past month or so, Galaxy concept stocks have retreated in the market index. The adjustment has been very deep in the process of 3000 points.

Even Xingyu Technology, which has the smallest relative fluctuations, has a cumulative adjustment range of -17.98% during this period.

Another example is that quantitative capital fell from a historical high of 477.46 yuan at the beginning of the year to yesterday's lowest price of 345.76 yuan. The adjustment range during this period reached -27.58%, and its market value fell from the highest of 667.4 billion to the current 483.3 billion, one month More than 180 billion of time has evaporated.

But at present, not many investors choose to enter the market, because investors feel that the adjustment of quantitative capital is not sufficient, and many people are path dependent. They see that this stock has experienced consecutive rises in the past, and then entered the adjustment stage. Sometimes it starts with a cut in half, and no matter what happens, it will end with a -40% cut.

The current trend of quantitative capital is indeed an obvious downward channel. The cumulative adjustment from the highest point has not reached -30%, so many investors have no intention of getting involved. They think that after adjusting downward by about 10 points, they can go in and buy low. If it is cut in half, you can boldly take a position.

However, people who think this way are destined to miss the next market trend.

Wealth funds have begun to enter the market, buying not just the few stocks named by Stars Capital, but all the currently listed Stars concept stocks.

In other words, not only quantitative capital, but also all the galaxy concept stocks will stop falling today and continue to rise in the future market outlook, because the wealth fund has a huge amount of 2 trillion funds waiting on the sidelines. The layout cannot be completed in a day or two.

Every trading day that follows, the over-the-counter liquidity held by wealth funds will continue to be bought and bought. This alone is enough to support the rise and rise of Galaxy concept stocks, and it is impossible to fall down.

But having said that, in today’s market conditions, the Galaxy concept stocks are not the two cities that are most concerned about.

The current hot spot in the market and what everyone is most concerned about is the photovoltaic new energy sector. In the afternoon, the market index fluctuated and rose. Also rising was the photovoltaic new energy sector. The photovoltaic concept sector was moving frequently, and the capital game was very lively.

Because we are now at a relatively delicate time point, players from all walks of life in the capital market are waiting for news from Qunxing Capital, but the wealthy people have been here for four days and there is still no news.

Faced with this situation, the capital game in the stock market is a bit exciting. Now it is in a state where the boots are about to fall but have not yet fallen. Everyone's current mentality is that they are both afraid that he will not come and that he will cause chaos. Come.

As long as the news doesn't come out, there is actually room for speculation, but the problem is that at this juncture, news may come out at any time, and the news may fall on the market.

It’s hard to say whether it will end as expected, realize the benefits, or something else.

And now the short-term capital game situation in the market is also very fierce. Some people bet that there will be no news today. As long as there is no news, it will at least be good news and the hazy beauty can continue to be maintained; some people bet that after the news comes out, it will continue to rise and hold firmly; some people will give up when the news comes and choose It’s safe to retreat early and fall into the trap.

All in all, the sentiment on the market is not as consistent as before, but judging from the overall trend, the bulls are still stronger. Today, the photovoltaic concept sector index has also increased by about 2 percentage points. Some stocks in the sector have also reached their daily limit. Industry leaders The leading stocks have also stepped out of the Zhongyang line.

As for the market index, it once regained the 3,100-point mark near the end of the trading session, but fell back in the end, but at least it stopped falling today.

After the close, the Shanghai Composite Index closed up +0.62% at 3095.12 points.

In the afternoon, stay in the villa quietly.

"What's the result?" Fang Hong asked when he saw Tian Jiayi's return. After talking with Sat tycoon for so long, he knew that the final result would definitely come out today.

Tian Jiayi handed the materials he brought back to Fang Hong, sat down next to him and said: "After these days of discussions, we have reached a comprehensive consensus with Sater on new energy and energy agriculture and decided to establish a comprehensive strategic cooperation. Partnership, Sate agreed to the package solution we provided and signed a large order totaling US$72 billion, equivalent to approximately 450 billion yuan.”

The local tycoons are the local tycoons. A contract worth US$72 billion, excluding exchange rates, becomes 450 billion yuan, a truly epic deal.

The so-called package solution provided by Qunxing Capital, to put it bluntly, means that you only need to pay the money, and Party B will arrange the rest for you in every possible way. After the completion of the transaction, all you need to do is inspect and accept the goods.

The time period of this cooperation is about six years, which is neither very long nor very short. Once completed, for the Sat tycoons, the proportion of their independent grain production capacity will increase to about 70%.

In other words, the proportion of grain imported by Sat tycoons will drop to 30% in six years.

Both parties in this cooperation feel that they have lost money. The rich people feel that Qunxing Capital is only worth US$72 billion, and Shaoxia is too conscientious to do business.

Because compared with the past years, the investment of the local tycoons in developing agriculture was much greater than this figure, but 80% still needed to be imported. The US$72 billion dropped by 50%. When the local tycoons calculated the calculation, they felt that they had lost money.

Finally, Fang Hong browsed the contents of the materials in his hand. After scanning them roughly, he nodded with satisfaction and said, "You should prepare a material report now and give it to Luo Qing'an."

Tian Jiayi nodded, immediately stood up and left to arrange the matter.

When the results come out, we should also report the progress of the work here.

At this time, Fang Hong stopped Tian Jiayi and said: "By the way, the announcement of the news will be adjusted. The cooperation confirmation news will be released tomorrow morning, and the signing ceremony will be arranged at 2:30 tomorrow afternoon."

Tian Jiayi looked at him curiously: "What's the purpose of this arrangement?"

Fang Hong said with a somewhat contented smile: "Let retail investors also make some money. Otherwise, retail investors would not have a chance to get on the bus."

...(End of chapter)

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