My Fintech Empire

Today, the trading volume in the two cities has once again exceeded the trillion mark, which shows that OTC funds are entering the market in large numbers.

On Wednesday, March 18, the A-share market once again surged in volume. The market index showed a unilateral upward trend throughout the day. The Shanghai Stock Exchange Index closed in the positive again, rising 2.13% again, and the index also reached a new high of 3577.30 points.

The trading volume of the two cities remained at the trillion level for the second consecutive trading day, and the volume was further increased today, showing a general upward trend in the two cities.

OTC capital allocation is also extremely active at the moment. Many people are running into the market and entering the market with leverage. More and more people are beginning to discuss the stock market. There are already occasional uncles and aunties talking about stocks on the street.

There is a very powerful force of funds in the market, that is, trend funds. After the market broke through 3,500 points, trend funds began to enter the market in a large scale.

At the same time, funds heading north are also entering the market.

In terms of individual stocks, Jinri Toutiao, which was listed through backdoor trading, resumed trading for eight trading days and went out of the eight-day market. The stock price also rushed to the price of 8.99 yuan. Since the resumption of trading, the cumulative increase has reached +180%, and the market value has risen to 11.237 billion, exceeding the 10 billion market value mark. close.

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In the afternoon, stay in the villa quietly.

Tian Jiayi returned to the villa and handed an invitation letter to Fang Hong: "The Boao Forum for Asia Annual Conference will be held on Thursday, March 26. The theme is 'Asia's New Future: Towards a Community of Shared Future'. There will be a total of 77 official events. You He is recognized as an outstanding young leader entrepreneur in the country and a leader entrepreneur representing private enterprises, so he was also invited."

Hearing this, Fang Hong said without hesitation: "Put it down."

For similar forums or public events, Fang Hong can hold them all.

Tian Jiayi put the invitation aside, and then said: "I'm afraid I can't refuse it this time. All the big leaders are present, and you are still an invitation from above. If you reject it, it will be a bit big. Your current status You are a leading young entrepreneur and a leading entrepreneur in the private business community. We need your influence and voice on behalf of the private business community. Your absence will have a considerable negative impact."

When you reach a certain height, some things cannot be pushed away.

Upon hearing this, Fang Hong immediately picked up the invitation, looked at it, nodded and said, "It's really inappropriate to turn it down. You can go and arrange your itinerary."

As soon as he made the decision, Tian Jiayi immediately went to make arrangements.

There is plenty of time, as there is still about a week left before the opening day of the Boao Forum for Asia.

Fang Hong also got up and went to the study room on the second floor. According to the invitation letter, he was required to go on stage to give a speech. This required some preparation. Fang Hong decided what he wanted to talk about after thinking about it for a while. The theme of the speech was centered around the "One Road, One Belt" strategy, and it was also used to show that Star Group's unswerving support for this strategy was expressed to the outside world.

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In the next three trading days, the A-share market continued to strengthen, with the Shanghai Stock Exchange Index rising by +0.14%, +0.98%, and +1.95% respectively. The market experienced a rare epic nine consecutive positives and reached a height of 3687.73 points.

The two cities have once again set a new record, and are setting records every day. One of the new records is that the trading volume of the two A-share cities has remained at the trillion level for five consecutive trading days.

In addition, the Shanghai Stock Index has doubled its index since rising from its lowest point of 1849 points.

The big A investors are also a group of people who say that it is so easy to make money. It is so simple. Almost anything you buy can rise. The difference lies in the problem of making more or less.

The continued maintenance of a trillion-level trading volume market shows that OTC funds are rushing into the market, and many people are beginning to increase leverage.

In terms of individual stocks, many stocks in the listed companies of Qunxingxing have successively hit record highs. The market value of Xingyu Technology has returned to the 2 trillion mark. Quantitative Capital has locked in the price of 491.32 yuan at today's closing price, setting a record A new high, with a market capitalization of 686.8 billion.

In addition, Toutiao today went out of 11 consecutive market conditions, 10 of which hit the daily limit, the stock price rushed to 11.97 yuan, and the market value climbed to 14.9 billion.

During this period, the A-share market seemed to be filled with the smell of making money, which made countless investors linger.

On March 24, the A-share market began to fluctuate widely. The Shanghai Stock Index closed negative and extended its lower shadow. It closed up +0.10% that day and closed at 3691.41 points. Although it was a negative line, it was a false negative and true positive line. It once exceeded 3,700 points during the session, reaching a maximum of 3,715.87 points.

Judging from the market situation, today's market is very divergent. During this period, the strong market showing a unilateral rise has accumulated a large number of profit-making orders. Today, profit-making funds have fled, which has brought huge selling pressure to the market.

But the market caught on!

The Shanghai Composite Index once fell by more than 2 percentage points around 11:20, but then quickly staged a deep V rebound like the big V Tianlong. A large amount of OTC funds pushed the index up and finally closed up.

Today, the two cities released epic-level huge volumes, once again setting a new record for transaction volume. The Shanghai Stock Exchange's full-day transaction volume reached 819.5 billion, and the Shenzhen Stock Exchange's full-day transaction volume reached 712.6 billion. The total transaction scale of the two cities reached an astonishing 1,532.1 billion, setting a new record for the largest single-day trading volume in A-share history.

Investors from all walks of life were stunned. No one could have imagined that when Big A was in the downturn, the whole-day transaction volume was only 70 to 80 billion, but now it can actually achieve a transaction scale of more than 1.5 trillion in a day.

This amount of energy seems to be able to withstand any amount of selling pressure.

However, the market was so hot that it was indeed time to take a rest. The next day, March 25, there was finally a correction, but the magnitude of the adjustment was not large. It was only a correction of -0.83% that day, but although the trading volume was lower than yesterday, The volume has shrunk significantly, but it still remains at the trillion level. This is the seventh consecutive trading day with trading volume above the trillion level.

Another factor why the market has not continued to rise is that the Boao Forum for Asia will be held tomorrow. This is also a very important meeting, and the capital market is paying close attention to it.

This is also one of the important factors that have caused market divergence in the past two days. There are many things discussed at the Boao Forum Annual Meeting, which also have an impact on the economy and capital markets.

Now the news has begun to report relevant news.

At around 16:00, a news report by a news media attracted attention from the outside world.

According to media reports, Fang Hong, the founder of Qunxing Capital, appeared in Boao Town and was also photographed by reporters, confirming that he is not currently in Xincheng but has come to Hainan, apparently to attend the Boao Forum annual meeting. , and with the increase in attention, many people also found out that Fang Hong was on the list.

Soon other media further reported that not only Fang Hong was present at this forum, but also the founders of some star-level companies under the Xingxing Group were also present, including Qin Feng, who is in charge of Xingyu Technology, and Chen, who is in charge of Quantitative Capital. Yu, Xu Jingren is in charge of quantum beating.

There are a total of 77 formal activities in this forum. They will also attend different activities. For example, Xu Jingren will participate in the sub-forum "Cross-border Dialogue: Industry·Internet", and Chen Yu will participate in the sub-forum "The Era of Big Asset Management: Innovation, Risk and "Regulation", Qin Feng is going to participate in the sub-forum "New Energy Vehicles: Choice of Technical Routes", yes, this time Qin Feng comes to the forum to discuss not smartphones, but new energy vehicles.

These entrepreneurs are also among the top business tycoons at the moment or what people consider to be big names in the technology industry. They have also been described by some media reports as the Boao Forum for Asia. Fang Hong personally led a star-level luxury lineup of Tuanqunxingxing to attend the conference. attracted much attention from the outside world.

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