my fintech empire.

Chapter 728 [The rise is too fast, let them restrain themselves]

The next day is Tuesday.

However, in the A-share market, after hitting a new high for the year yesterday, the Shanghai stock index closed down -0.77% to close at 2119.07 points today. A major factor for the market correction is that Yang Ma carried out normal repurchase operations in the form of bidding at a rate of [-] million yuan today.

This is the first time in eight months that positive repurchase tools have been used to withdraw liquidity from the money market, and the market has also adjusted downwards.

Quantitative capital, which is a recent sentiment high standard, after walking out of the second-link board yesterday, today closed with a shrinking turnover of 36.82 billion in the whole day - 10.00% lower limit, and the stock price also fell back to 165.43 yuan.

However, on Wednesday, the big A achieved a new high for the year, and the Shanghai stock index closed up +1.11% to 2142.55 points.

Quantitative Capital, which likes to follow the anti-package market the most, also went out of the anti-package daily limit today. The stock price rose to 181.97 yuan, with a market value of 2543 billion yuan, and the turnover of the day was 45.85 billion yuan.

……

In the living room of the villa, Fang Hong looked at Tian Jiayi and said: "The listed subsidiaries of Qunxing System have risen too fast recently, and they have deviated too much from the slope I gave. They are having a bit of fun. Let them restrain themselves, especially the target of quantitative capital."

The company's closing price today is 181.97 yuan, with a market value of more than 2500 billion yuan. Fang Hong will definitely not doubt that this company will be worth trillions in the future.

But it can't go up now!
Other listed subsidiaries, including Qunxing, must also restrain themselves, because Fang Hong needs to pull these targets to protect the index when these targets respond to the call for rescue in the second half of next year.

Let’s get on the platform now. In the second half of the year, the A-share market will officially break through and start a big bull market. It will definitely rise in the next year. At that time, it will not be able to hold back the market. The huge amount of off-market leveraged funds pouring into the stock market will definitely push up the stock price.

If the stock price of Quantitative Capital reached a record high in the first half of the year, and the total market value reached more than 3500 billion, it would be 7000 billion if it doubled later, and 1.4 trillion if it doubled again.

When the market plummeted in mid-June 2015, even the listed subsidiaries of the galaxy system had to follow the market for a round of explosions. The first wave of explosions must not be spared, and it cannot be done at this time.

The higher the market value is, the more severe the damage to the index will be when the market falls, and it will be hedged if it is pulled again.

Therefore, now we have to suppress the rise.

After the bull market ends and the first round of explosions is over, it will be the time for individual stocks to perform. During the downtrend, other stocks oversold and rebounded.

What is the independent valuation system of galaxies, this is it.

And in this way, investors in the whole market can remember and imprint a deep image.

At this time, Fang Hong added: "The deviation from the slope is so large, let's start the mean reversion tomorrow, starting with quantitative capital."

Tian Jiayi nodded: "Okay."

After the order is finished, Fang Hong doesn't care about how to do it, he just needs to see the result.

……

The following day, Thursday 2 September.

Just today, the two markets of A-shares gapped and opened high. Within 15 minutes of the opening, the index rose by +1.61%. Quantitative Capital also opened high and quickly rose to 10 yuan within 200.17 minutes of the opening.

The market has attracted much attention, and this stock has also rushed to the top of the popularity list. The cumulative increase of the stock has reached +50.65% from the price of 295 yuan, which is nearly three times the increase.

Shareholders did not expect Quantitative Capital to recover the price of 200 yuan so quickly, which is only a little more than two daily limits from the universe top of 252 yuan. Many people think that this posture is expected to hit a record high.

Moreover, the overall market of the A-share market in February was also very strong, but investors have not yet realized that a deep correction is about to begin.

Just 15 minutes after the opening of the market, the market index quickly pulled up to 2177.98 points and rose by +1.61%. The time-sharing line of the Shanghai Stock Exchange Index suddenly plunged.

Because just today, Yangma once again launched a positive repurchase operation of 600 billion yuan to further recover liquidity from the market.Fang Hong ordered the downward adjustment yesterday, because he knew that Yang Ma would tighten the liquidity, so as to find a reason for the decline.

At around 10 o'clock, the market seemed to have stopped falling and rebounded, but at this time there was a blockbuster on the news. It was rumored that WeChat was about to launch an IPO on the A-share market, raising 376 billion yuan.

It's okay for Yang Ma to tighten liquidity. At this time, WeChat's IPO will be listed, and a huge amount of 376 billion will be drawn from the market.

Big A immediately lay down.

As soon as the news came out, the entire market fell sharply again, and the Shanghai stock index fell all the way to the zero axis, and then rebounded again.

When the market opened in the afternoon, the market fell back again around 13:30.

Because quantitative capital exploded at this time, and dived and plummeted all the way, it also brought down the market sentiment again.

In the end, the big A received an antenna and the big Yin K closed down -0.18% to 2138.78 points. Many stockholders were planning to stand at the 2200 mark today, but they ended up like this.

However, Quantitative Capital had a strong daily limit in the early trading, but as a result, the closing volume fell -6.71%, and the stock price closed at 169.76 yuan. The turnover was 65.23 billion yuan throughout the day, and the market value shrank by 2373 billion yuan.

Those who played the board in the morning were directly bored for 17 points, and they were numb.

On Friday, the A-share market fell again. The stock index closed down -1.17%. Quantitative Capital went out of the shrinking limit today, and the stock price fell to 152.78 yuan.

Many participants know that Quantitative Capital, a stock, likes to go against the market. At the end of yesterday, some people risked their lives to bet on the reverse package. It is precisely because of this that they did not break out of the sky yesterday.

But today, the negative line of the lower limit came out, and the market sentiment turned around. In addition, the people who were trapped yesterday panicked and fled today, and they were pushed out of the lower limit.

The only fortunate thing is that Quantitative Capital did not hit the limit down, and the person who was trapped yesterday still had a chance to run away.

The decline of A-shares in the past two days was firstly due to Yangma’s positive repurchase operations in the open market, which made the market’s expected liquidity tighten. It was also reported that WeChat’s IPO is expected to raise 376 billion in the initial offering, which brought expansion pressure to the market.

On weekends and weekends, bad news came from the real estate market. There were rumors in the market that banks were controlling housing loans and tightening restrictions on such loans. There were a lot of voices in public opinion that the Loudi bubble was about to burst, and the domestic economy would face the risk of a hard landing in 2014.

With the emergence of these bad news, the A-share market will definitely be under pressure at the opening of the market on Monday.

……

(End of this chapter)