my fintech empire.

Chapter 247 [Sensation in the industry: Qunxing Capital's overseas investment has exploded again? 】

The following day, Wednesday, May 7.

In today's A-share market, after yesterday's callback, today's call auctions in the two markets opened slightly lower, and then they opened quickly without a step back, showing a strong anti-package market.

Stocks in the two cities showed a general uptrend, with more than 1500 individual stocks and more than 1200 stocks rising.

The market still continues the trend of "dancing elephants". Stocks with the Chinese prefix continue to go up. Zhongpec has a daily limit in the afternoon. The stock has doubled since the bottom of the market at more than 1600 points.

Zhongyou Petroleum also rose by more than 5 percentage points today.

The Shanghai stock index once rose to 3301.43 points in today's session, touching the 3300 point mark.

As of the close, the Shanghai Composite Index rose +2.60% to 3296.61 points; the Shenzhen Component Index rose +1.34% to 13353.21 points, and the two cities continued to maintain a volume of more than 3000 billion.

In the last two trading days of this week, the market continued to maintain an upward trend.

On Thursday, the Shanghai Stock Exchange Index rose again +0.97% to 3328.49 points, successfully reaching the 3300 point mark.

On Friday, the Shanghai stock index closed up +1.33% to 3372.60 points after going out of Sanlianyang.

According to the latest data, Fanghong’s institutional account asset scale has reached a new high of 17 billion yuan, with a yield of +7370%, and it is getting closer to breaking through the 153.38 billion mark.

This week's market conditions are super hot, and off-market funds are running into the market. Under the upsurge atmosphere of the return of the bull market, many stock investors who are short-lived can't wait to enter.

……

Friday afternoon.

On the outdoor tennis court of Jingxinju Villa, Fang Hong was playing tennis with a few girls, and Lin Yan was playing against him at the moment.

After a while, a commercial vehicle drove to the gate outside the villa and stopped. Tian Jiayi, a beautiful assistant wearing a waist-cut OL outfit, got out of the car. She entered the villa and saw Fang Hong walking past the tennis court.

"Lin Yun, come here."

Fang Hong saw Tian Jiayi walking towards this side, and handed the racket to Lin Yun, and then the pair of sisters continued to play.

Tian Jiayi handed him the documents he brought and browsed them roughly. Fang Hong immediately decided: "Tell Huayu that next Monday there will be a large-scale liquidation of the core asset targets in the A-share market."

Fang Honghe closed the materials and handed them to her and added: "The entire clearing plan must be completed within the next seven trading days."

Tian Jiayi nodded: "Okay."

At present, the total market value of Qunxing Capital's overall holdings in the A-share market has reached an astonishing 1430 billion yuan, of which the floating profit of the net value has reached 890 billion yuan. This time, the liquidation plan has been completed and the withdrawn funds are expected to be 800 billion yuan. Net profit is not a problem.

The current market situation is the best time since this year. It has reached the fiery level during the bull market in 2007. The daily trading volume is above 3000 billion. This level of liquidity is equivalent to a trillion dollars a day ten years later Volume market.

Because the A-share market ten years later will have close to 5000 stocks after expansion, while the current A-share market has only about 1500 stocks. As for the trillion-dollar market in the leveraged bull market in 2015, it is another matter.

In short, right now is the best time to retreat. If there is liquidity, there is a premium. If there is a premium, there is a premium. The market index has risen from the bottom to now close to 3400 points, and the Shanghai Stock Exchange Index has doubled.

The vast majority of individual stocks have doubled, or even doubled several times. For example, Shanqi Coking Coal has doubled 4.5 times from the bottom, and it has reached a new record high, breaking through the historical top of the previous bull market.

Qunxing Capital began to build positions when the market fell to more than 1600 points and began to accurately buy the bottom. In about eight months, the average profit rose to about [-] billion a month, and it was properly filled.

In the past eight months, the overall investment income in the A-share market reached about +164%, which greatly outperformed the index.

In fact, if calculated according to Qunxing Capital’s first 200 billion bottom-hunting funds, the rate of return on this fund has reached an astonishing +293%. Added 5 billion funds, and this fund has reached a return rate of +340% so far.

Even so, the overall yield rate of +164% still significantly outperformed the Shanghai stock market by 65 percentage points.

……

Not long after the market closed this afternoon, the first good news came to the surface: the full implementation of the "package plan", and the unswerving implementation of positive fiscal policies and loose monetary policies.

In short, liquidity is loose.

Shortly thereafter, at around 17:40 in the afternoon, another piece of news caused a sensation in the domestic capital circle. Some people in the know claimed to have obtained reliable news that Qunxing Capital made a lot of money in overseas investments, and this time it made more than 200 yuan. [-] million came back, twice as much as last time.

In June, it was still rumored that Qunxing Capital had lost money investing in overseas markets, so I didn’t even know it. I didn’t expect the reversal to come so quickly.

Only then did I realize that the news in June was really a rumor.

Several major domestic entertainment manufacturers beat their chests and stomped their feet. Fake news really killed me. I was so angry that I slapped my thighs and scolded myself as an idiot.

Now I regret not at the beginning, leaving tears without pattern.

……

Entering the weekend weekend, another major financial news related to Qunxing Capital appeared on the news surface.

Now that July is coming to an end, the semi-annual report forecasts of major companies have begun to be released, and a small number of them have been released relatively quickly. The performance of the semi-annual report has been officially disclosed. Quarterly shareholder changes, institutional positions, etc.

And this piece of news reported that Qunxing Capital aggressively increased its holdings of A-share blue chips by more than 300 billion in the second quarter. This news spread rapidly in the circle, and retail investors were also discussing and analyzing this matter.

Even Fang Hong learned about it, and thought it was Huayu who was operating, so he asked Tian Jiayi to ask to confirm the matter.

On Saturday afternoon, Tian Jiayi came to the fitness room and reported to Fang Honghui who was running on the treadmill: "I just called Mr. Hua to ask, it's not the stars who are working."

When Fang Hong got off the treadmill, the beautiful assistant brought him a towel and handed it to him. Fang Hong wiped his sweat and said thoughtfully, "No? That means we are being used."

Tian Jiayi couldn't help asking curiously: "Used by someone?"

Fang Hong turned his head and glanced at her, smiled and said calmly: "Believe it or not, some mouthpieces have started to forcibly combine yesterday's news, that is, the 200 billion returned by the company, and brag about it." My group of stars is going to increase their positions and aggressively buy A shares."

A tablet computer happened to be placed next to it. Tian Jiayi's heart moved, and he immediately picked up the tablet to search the latest information related to the capital market on the Internet.

Fang Hong glanced at the beautiful assistant, then looked away and stretched his legs.

After a while, Tian Jiayi couldn't help staring at the tablet in a daze, then turned his head to look at Fang Hong and said, "You really expected it."

Now there are many institutions, analysts and stock experts who are commenting on this matter, saying that Qunxing Capital is more optimistic about the market outlook of the A-share market, so it will cash out from the overseas capital market and return it. Quarterly increase the position of large A shares.

Qunxing Capital decisively entered the market to buy the bottom when the market fell to more than 1600 points, which everyone was desperate for. In the second quarter, it increased its position by more than 300 billion to do long A-share big blue chips, and made a lot of money.

Now known as the representative of "smart money", it has a strong record among many investment institutions. In terms of investment income, it has been several blocks away from its peers. If such a keen institution continues to increase its position, you retail investors are afraid of being killed. Yarn?

Done!

Obviously, this is to use Qunxing Capital's strong and dazzling record as an endorsement, and then make a fuss to fool stockholders into the market. In the future, the market will at least see 4000 to 4500 points.

What do you say that institutions like Qunxing Capital are definitely more professional than your retail investors. These top investment institutions are optimistic about the market outlook and continue to increase positions, and funds are running into the market.

Shareholders who saw similar news felt that it made sense. Such professional investment institutions are chasing up tens of billions of dollars, and they have a proper main force. Do these institutions lose money when they buy in?
impossible!
The market outlook will definitely have to rise. It is only over 3300 points now, and I have seen more than 4500 points. Then I want to run at 4000 points, can I?

As a result, many stock investors who were originally vacillating about chasing up saw similar analysis in forums or communication groups, and made up their minds to enter the market at the opening of the market on Monday.

……

(End of this chapter)