my fintech empire.

Chapter 575 [Fixing Star Ballast Stone]

this afternoon.

"At present, the seven public fund companies that have been identified have finalized the issuance of a hybrid stock fund with the theme of 'Galaxies', and have completed the fundraising." Tian Jiayi, who lives in Jingxin Villa, is reporting to Fanghong.

Fang Hong stretched out his hand and said, "Let me take a look at the specific public offering institutions."

Tian Jiayi immediately handed him the document in Bai's hand, and the latter glanced at it. These public fund companies are very well-known, and according to the size of their funds under management, the weakest one is also ranked No. 16.

There is no doubt that the participation of public offering funds is one of the important links in Fanghong's strategic plan to create an "independent valuation system for the subsidiaries of the galaxy system", and public offering funds must not be absent.

It is worth mentioning that Qunxing Capital itself is not a public offering institution, nor does it have a public offering fund license.

Because doing business in this area requires disclosure of too much information, which is not in line with the current strategic plan of Qunxing Capital. Many important information of the company cannot be disclosed to the outside world at the moment.

It is too sensational to be displayed to the outside world, which is the most critical reason why Qunxing Capital is not listed.

However, I don’t do public offering business now, but it may not be so in the next few years. If I don’t do it myself now, I can cooperate with other public offerings.

The ability of these seven public offering funds to issue hybrid stock funds with the theme of "Galaxies" means that they have also established long-term and in-depth cooperation with Qunxing Capital. stock.

The most critical point here is whether you can get the promise from Qunxing Capital. To put it bluntly, it is still doing market value management. To put it bluntly, it is actually about the distribution of the profit cake.

Without this back-and-forth commitment, others would not dare to play.

The reason is as simple as that.

At this time, Tian Jiayi on the side said thoughtfully: "Judging from the recent trend of Yixing Video, the problem of capital grouping cannot be ignored. We need to build an independent valuation system for the subsidiaries of Qunxing Group. These stocks are on the rise. Once there is a profit-making effect, all the funds in the market will siphon here, forming a group effect of funds is inevitable, which will cause the valuation bubble to soar wildly and even get out of control. How to solve this potential problem? "

The phenomenon of capital grouping is too common in the market, especially Fang Hong, who is a reborn time traveler, knows it better.

When rising, crowding together to push up asset prices gives people a feeling that the sky is the end of forever rising. When falling, crowding and breaking up, breaking up and smashing each other to get out of the stock market disaster-level market, core assets are always cut in half.

History is always such a cycle, and only the eternal human nature remains unchanged.

Hearing what she said, Fang Hong smiled and said calmly: "It's not easy to work together to drive up asset prices, but it's too easy to drive them down. There are ten thousand ways. But they all come to fry the subsidiaries of the galaxy system." Isn’t that exactly what we are pursuing when we create an independent valuation system?”

After a pause, Fang Hong put the document aside and added: "After the listing of the subsidiary of the galaxy system, we will not intervene too much in how other funds are played and tossed. We internally set the upward trend range of each stock, Draw the line for me, and then let them play games according to their own abilities."

To put it bluntly, Qunxing Capital plays the role of an "invisible referee" in it. It draws a few lines to draw a trend range for the stock price trends of its listed subsidiaries. The first basic element is to go up and go Long bulls, and then short-term price fluctuations, all funds will play games within the range framed by Qunxing Capital, the "invisible referee".

Within this framed trend range, all kinds of funds can toss as much as they want. If it exceeds the framed range, then the "invisible referee" of Qunxing Capital will intervene.

Of course it is not direct intervention, but there are ways.

If the funds are grouped together and the asset price is seriously deviated from the framed range, then knock it down and return to the framed range to make money with tears; if the asset price is seriously oversold, then pull it back to the framed range and incidentally Copy the bottom line with tears in my eyes.

It can be said that the price trend of the listed subsidiaries of Qunxing System, whether it goes up too high or falls too hard, is a kind of redistribution of wealth, because wealth cannot evaporate out of thin air, it is just harvested away, just from this The pocket was transferred to another pocket.

So the question is, the independent valuation system of the galaxy, how can the stock trends of these listed companies support the steady rise of Changniu without crashing?
Is it just that the underlying assets are of high quality?

This logic alone cannot be supported, and the key is liquidity. To put it bluntly, the most essential core logic is that Qunxing Capital has harvested wealth from all over the world to support their long-term bullish trend.

The wealth harvested by Qunxing Capital from all over the world is reflected in these listed subsidiaries, which is reflected in the rise in asset prices and stock prices.

It is equivalent to using these core high-quality assets as anchors in a sense, just like houses, a large amount of additional currency has been retained in the property market and become a reservoir, reflecting the high housing prices, and everyone agrees this logic.

By the same token, the wealth collected by Qunxing Capital from all over the world is reflected in the stock prices of these listed subsidiaries, becoming a reservoir of wealth, and the stock prices of these listed companies will grow steadily.

And it has sufficient liquidity, even if the stock has a trading volume and a turnover rate, it can be liquidated at any time and leave without killing the stock price too hard.

As the listed subsidiaries of Qungalaxy continue to rise and go long, after a long time, they will recognize its logic like a house, that is, everyone is willing to hold the shares of Qungalaxy's listed subsidiaries to maintain and increase the value.

When encountering an unexpected event and facing a large-scale sell-off, Qunxing Capital, the "invisible referee", will come out to support the market and provide these stocks with super-abundant liquidity.

You can smash the market as you like, and I will take as much as you want. If you can smash the stock price down, I will lose.

Will Qunxing Capital become a successor?

Of course not, because after the panic disappears, those funds will eventually come back, especially the big funds, otherwise where would they go?

There are pits everywhere outside. Looking around, it is the safest and most reliable place in the galaxy, so it can't fall even if you drop it.

As a result, funds will slowly flow in again, and at this time, Qunxing Capital just transfers the bargaining chips it undertakes to them, instead of shipping to them, because it will not raise the price for them to take over.

Otherwise, this independent valuation system cannot be established, and people will not come to play. Qunxing Capital only needs to stabilize the stock price, not seek profit, and recover the capital cost incurred during the undertaking.

It can be seen that Qunxing Capital actually plays the role of a real "fixing star" and "ballast stone" in it, providing a strong confidence support when the market is in panic. At that time, it is said that confidence is better than gold. Expensive is no exaggeration.

……

(End of this chapter)