my fintech empire.

Chapter 517 [Revelation from insiders]

Fang Hong formally finalized the backdoor listing of Yixing Video, and then talked about another matter.

"Oh, by the way, it's time to give Merrill Lynch the surprise that has been suppressed for a month." Fang Hong looked at the beautiful assistant and smiled, "Prepare a business investment report on the encrypted digital currency market, and the content can boast about the future prospects of encrypted currency. , and then told Merrill Lynch that we used their money to buy more than 400 million bitcoins, um, the cost price was around $1000, and the materials would be sent to Merrill Lynch in a few days.”

Tian Jiayi simply nodded and said, "I'll prepare for this tomorrow."

As the first Wall Street capital institution, Merrill Lynch entrusted Qunxing Capital with an asset management plan, and it was also Qunxing Capital’s first overseas LP. With a huge amount of US$80 billion, Qunxing used more than half of the funds to buy Bitcoin , the price is around $1000.

The price trend of bitcoin, yesterday’s closing price was 759.36 US dollars, compared with the historical high price of 1059.96 US dollars, the cumulative decline is -28.36%, while the holding cost of Merrill Lynch’s millions of bitcoins is around 1030 US dollars, Book floating loss is about -26 percentage points.

In the past few months, the price trend of Bitcoin has gone out of a K-line pattern of a high-level convergent triangle, and the end line of the convergent road has fallen below, and there have been four consecutive breaks.

However, there was no flash crash. The lowest point after breaking the position was 692.23 US dollars, and it has stopped falling and rebounded to 759.36 US dollars in the past two days.

The current price trend of Bitcoin, to put it bluntly, is Fang Hong’s high degree of control. If he wants it to fall, he will fall; if he wants it to rise, he will rise;

The price of Bitcoin is hanging above $700, and the mining boom in the past month has also remained high, and the number of miners has also begun to increase.

Many people didn’t believe it before, but they have to believe it after making money. Everyone found that Bitcoin can really make money. The mined Bitcoin can be realized by throwing it on the trading platform, and the price fluctuates in real time. One is a few hundred dollars. According to the current market price, it is close to RMB 5000 each.

As long as one is dug up and sold, it is worth more than a month's wages of ordinary bottom-level workers, and the current mining cost is extremely low compared to the current price.

Some mine owners can't understand why this virtual currency is so valuable.

But it doesn't matter, if you can make money and realize it, then do it.

Done.

……

Monday, October 8.

Today's A-share market has a market that opened low and went low. The index fell -1.37% on the day, closing at 2576.41 points, and fell below the 2600 point mark again. The rebound in August came to an end today.

In the next more than a month, the A-share market continued to fall, and continued to go lower in shocks.

It is worth mentioning that one of the targets on the main board of the Shenzhen Stock Exchange, that is, Tianzhou Online, a stock in the media sector, suddenly pulled up in a straight line at around 14:42 in the last trading session. In just one minute, the stock price rose from 1 yuan in a straight line. At the price of 9.27 yuan, the price rose +10.39% to seal the daily limit, and a huge amount of 9.95 million yuan was released that day.

For the stock Tianzhou Online, the trading volume of more than 4700 million can definitely be a huge amount, because the previous trading volume of this ticket is all below 1000 million, and even the lowest trading volume in the whole day before six trading days can Only around 400 million.

The trend of this stock in the past two months has been very sluggish. The stock price has fallen from 14.54 yuan to 8.33 yuan, and it has fallen by 42 percentage points in two days, which is almost no different from a half-cut.

After Tianzhou Online hit a record low in the last few trading days, it rebounded from the bottom of 8.33 yuan to 10.39 yuan, a rebound of about 24 percentage points.

The last rebound was a month ago, from 9.24 yuan to 11.37, a rebound of about 23 percentage points, and there was also a daily limit during the period.

The few participants in this stock refer to the trend of the last rebound, and it has already rebounded by more than 20 percentage points. Walk out of a few positive lines and then come back with a big positive line for daily limit.

The retail investors of the participants said that they have seen through the dealer's routine.

Today's sneak attack on Laban did not attract much attention from the market. After all, the popularity is too low, and almost no one pays attention.

It is completely incomparable with the popular "star stocks" such as ATL Technology and Weibo.

Tianzhou Online has raised the limit, and there are not many people in the comment section of the stock bar to talk about, and some holders of the stock have also sold off after the daily limit today. I don't think there is any big sentiment, but it is just a rebound.

After the market closed, more than an hour later, today's dragon and tiger list data came out.

The Dragon and Tiger List of Tianzhou Online came out, and the data on the list showed that the top five buyers on the Dragon and Tiger List accounted for as much as 67% of the entire day's turnover, buying more than 3200 million, and five buying seats, There are three institutions dedicated to buying one, two and three seats respectively.

The big brother on the list bought more than 1700 million, and the other two seats were unknown big players. One bought more than 150 million, and the other bought 180 million. They should be big retail investors, not some well-known hot money seats.

The data on the Dragon and Tiger List still surprised some of the retail investors. The daily limit was imposed by institutions.

Those who sold today still feel a little bit regretful, because seeing the data of the seats on the Dragon and Tiger List, at least there will be a premium tomorrow.

Institutions have hard-capped the daily limit, and some casual people always feel that there may be some inside information about this ticket.

Big A’s current stockholders basically like to go shopping in stock bars and so on. They all like to find out whether there is any gossip on this stock, whether there is any inside information on that stock, or they are obsessed with the leading tactics of fighting with God K, what is the price limit mentality, or all kinds of messy things. Tactics.

Only a very small number of people study professional financial subjects such as macroeconomics, but to a certain extent, it may not be wrong for retail investors to chase gossip, after all, the market itself is not perfect.

With the passage of time, Tianzhou Online, which originally had a daily limit and few people paid attention to it, and there were few new comments in the stock bar comment area, but at around 17:20 in the afternoon, with the appearance of an online message, the attention and popularity Straight up.

It is rumored that people familiar with the matter broke the news that Yixing Media Group, a wholly-owned holding company under Qunxing Capital, will enter the A-share market through Tianzhou Online through a backdoor.

As soon as the after-hours news came out, it immediately spread wildly in the forums of major stock bars and stock exchange groups. The comment area of ​​the stock bar on Tianzhou Online, which was originally unpopular, suddenly became very lively, and the holders exploded.

[Niu Bi, I need a word board tomorrow. ]
[I really want to be angry and vomit blood. I kept covering my position many times for more than a month, and lost more than 10 points. I wanted to do T and wait for a callback before picking it up, but T flew, shit! ]
[The same fell before dawn, I was even worse, 14 yuan, 10 yuan came out, the loss was almost 30 points to cut the meat, just cut the meat, Nima made such a big epic profit, he really, I cried to death ...]
[The textbook of retail investors is undoubtedly the operation, and it is very persevering to carry it to the death. Once it rises, it will not be able to hold it... (cover face)]
[Fuck?Yixing Media Group backdoor Tianzhou?Is this news reliable? ]
[Haha, desperately hitting the board, is this the rhythm to be doubled? ]
[I haven't got in the car yet.jpg]
[Those who didn’t get in the car today don’t even think about it. If the news is true, it will definitely be blocked by the one-word daily limit tomorrow and there will be no chance to enter. If the one-word board cannot be sealed tomorrow, it is 100% fake news. Let's watch the fun. ]
……

(End of this chapter)