my fintech empire.

Chapter 117 [Short selling in the external market to make money]

Entering March, until Tuesday, March 3, A-shares adjusted for more than half a month, and the market stepped back from 3 points to more than 3 points.

Today is the day of the meeting, and we must make a good job arrangement for the next year and set the tone.

However, the A-share market does not seem to give face. In the morning, the market auction opened -2047.21% lower at the opening price of 2.21 points. It once dropped to 2039.81 points during the session, and the decline expanded to -2.56%. The Shanghai index once again faced the test of 2000 points.

Fang Hong, who had been short for a while, sold again at the opening of the market today. He continued to buy, buy, and buy at the opening of the market in the morning. The stocks involved were still the seven large-cap stocks that had been closed before entering the market.

The market opened sharply lower in early trading, but it rebounded all the way up afterwards, out of the market of opening low and going high, but it did not close red. Although the K line is a positive line, it is actually a true yin and a false yang.

As of the close, the Shanghai stock index fell -1.05% to 2071.43 points, and the daily line closed positive and fell.

Fang Hong updated Weibo dynamics after the market:
[The busy days of the beginning of the semester are finally over. I didn’t expect the market to return to around [-] points. Today, the position is immediately full, and I still entered the previous seven bids. I wish the conference a complete success. 】

The Weibo account K3478 now has more than 500 million fans. Not long after the news was updated, there were comments and messages.

[The patriarch has made a move, brothers rush! ]
[All assemble, rush! ]
[It seems that God K also feels that the market has reached the bottom, so he copied it in yesterday, so he feels much more at ease now. ]
[Understood, stud directly tomorrow! ]
[It's too late to explain, get in the car! ]
[Why is K God's account 1.53 million?I went to the last Weibo to check it out, and it was indeed 1.45 million. Why did it suddenly increase by more than 800 million? ]
[It must have been the rebound of the previous few days, sneaking in. ]
[Indeed, God K should have snatched the rebound secretly, otherwise why did the account suddenly reach 1.53 million today? ]
[Beautiful child, this rebound can be grabbed, and it has also avoided another continuous plunge. ]
[Coach, I want to learn this. ]
[Hold on, the coach also wants to learn. ]
……

The news that Fang Hong entered the market again with a full warehouse quickly spread through fans and retail investors who followed his Weibo account, and the latest Weibo news was forwarded to the exchange group or the stock bar forum.

The entry of K God has boosted the confidence of countless people, at least the confidence of the bulls who follow him has greatly increased.

On the following Wednesday, stimulated by the news from the conference, the A-share market directly opened with a unilateral upward squeeze.

It once reached the 2200 mark during the session. Retail investors who followed Fang Hong’s Weibo account followed the trend and bought their homework at the opening of the market today. They ate big meat properly, and even admired God K. It has become the heart of countless stock speculators. super idol.

As of the close, the Shanghai Index rose +6.12% to close at 2198.11 points with a turnover of 1305 billion yuan; the Shenzhen Component Index rose +6.91% to close at 8227.05 points with a turnover of 639 billion yuan. The total turnover of the two cities was 1944 billion yuan.

Five of the seven stocks that Fang Hong intervened in rose by the daily limit today, namely Zhongguo Ping An +10.02%, Hitong Securities +9.92%, Pufa Bank +9.98%, Shanqi Coking Coal +9.99% and Zhongguo Pacific Insurance +10.02% , the other two stocks Zhongxin Securities +8.97%, Zhaoshang Bank +8.11%, the total daily rate of return of the account +9.57%, almost full of profits close to one board.

Today, the absolute profit of the account is 1465 million. For the first time, the personal account has achieved a record of earning tens of millions of dollars a day. The total assets of the account have also reached 1 million yuan. Under the rolling effect of compound interest, the rate of return has shown a geometric progression. Now It has set a cumulative rate of return of +6765%, exceeding the return on investment of 272456.45 times.

Fang Hong did not update Weibo updates today, but the dynamic messages and comments posted yesterday soared to more than 3. The latest messages are almost full of worship and people who follow the trend and eat big meat come to leave messages to thank them.

The influence of this account in the A-share market is getting higher and higher in the minds of thousands of retail investors.

For the first time, retail investors who follow the trend of copying work feel that making money is so simple. God K runs away when he has an empty position, and God K enters the market when he has a full position. It is too simple, and he can win with his eyes closed.

……

Next Monday, the morning of March 3th, Fang Hong came to Qunxing Company. This time, he came to inform Huayu to close the peripheral short positions.

In the CEO's office, Hua Yu excitedly reported to him: "Brother Fang, we have made a lot of money by shorting the external market. Currently, we have made a net profit of 20.56 billion U.S. dollars!"

In just one month, he made a net profit of 20.56 billion U.S. dollars, or about 140 billion yuan, which directly covered the tens of billions that Huayang Group had put in front of it, which was more than enough.

It turns out that this is what the immediate boss said before to find a foreigner to get some luck. He harvested more than 20 billion US dollars in a month. Call this a beggar?Is the bowl of alms a bit too big?

Now Huayu and even his father Hua Yongming believe that in one year, the valuation of Qunxing Capital can really reach 3000 billion yuan.

Fang Hong's powerful harvesting ability in the capital market has once again refreshed their expectations, and he can take both inside and outside. The scythe in his hand is not only fierce in the A-share market, but also as sharp as in the external market, or even worse.

Even Hua Yongming couldn't help feeling that last year, he should have invested more money and acquired equity in Qunxing Capital.

Fang Hong, who was sitting on the sofa, smiled calmly: "I was about to tell you about this. Tonight, I will close all the short orders, and then settle 15 billion U.S. dollars and return them to the mainland. The remaining profits plus the principal will be 8.56 million U.S. dollars. Thirty times leveraged funds are turned into long positions, and the targets remain unchanged.”

Using 265 times leveraged funds, the total amount of funds is [-] billion US dollars.

This time Hua Yu didn't hesitate, and nodded in response: "Understood."

The 15 billion US dollars returned to China is naturally used for the investment required for various layouts, such as Fang's Pharmacy in the field of traditional Chinese medicine, high-tech industries, entertainment industries, etc., all require capital investment.

Hua Yu said again: "Brother Fang, the meeting with the coal boss has been arranged. We will meet at the 'On the Water' nightclub around eight o'clock tonight."

Fang Hong nodded and said, "OK."

The specific meeting place is determined by the coal boss, it is either a nightclub or a bath center or something like that, and "Zaishui Fang" is a luxury local club in Xincheng, but if it is in the boundary of Xincheng, it doesn't matter where we meet.

……

At around 19:[-] in the evening, a black Maybach was parked next to the entrance and exit of a residential building in Binhu District, attracting the eyes of many owners who came in and out, curious.

This is Hua Yu's car, so it is naturally to pick up Fang Hong.

A few minutes later, Fang Hong walked out of the residential building. The waiting driver greeted him warmly when he saw him, and immediately opened the back seat door for him.

As Fang Hong entered the car, the driver closed the door, got into the driver's seat and drove slowly away from the community, heading for the "Zaishui Fang" nightclub, which is currently the most luxurious nightclub in Xincheng.

When they arrived at the meeting place, Huayu's assistant led Fang Hong to a box. As soon as he entered the box, he saw Huayu talking with a middle-aged man in his 40s. That was Li Yongzhi, the coal boss.

In addition, there are several young and beautiful young ladies who are also chatting with the wine in this luxurious box.

I saw that the coal boss was talking happily with Huayu. He put his left arm around the waist of a young and beautiful girl, and fiddled with his body language with his right hand and said: "...I told the director of the movie I invested in the year before last. Well, I don't care how you create it, but this drama must promote positive energy!"

When the young lady in his arms heard this, especially when she saw the unscrupulous coal boss saying this in a serious manner, her expression control was almost uncontrollable.

At this moment, Hua Yu was about to speak, when he saw Fang Hong arrive in the box from the corner of his eye, so he got up directly.

Li Yongzhi, the coal boss, saw him stand up suddenly, followed his line of sight and saw the young man approaching, put down his arms around the young lady's waist, and stood up, so everyone followed suit. After getting up, several young ladies who were chatting with the wine also looked at Fang Hong curiously. The two bosses seemed to attach great importance to this handsome guy.

When Li Yongzhi saw Fang Hong, he thought to himself that he should be the person Huayu said. Although he was surprised by his young age, he was definitely not an ordinary person to be Huayu's immediate boss, so he would not be too big.

……

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(End of this chapter)