my fintech empire.

Chapter 97 [Continue to fight for big A]

It is necessary to exchange funds to go overseas. For individuals, only 5 US dollars can be exchanged a year, but enterprises are naturally different from individuals.

To exchange [-] million U.S. dollars, you need to work hard, but it’s not too difficult, and you don’t even need to go through channels such as underground banks. For example, B shares are a good channel, or through the registration of foreign trade companies. There are too many ways for funds to go out.

The key is to see if there are relevant contacts, resources and channels.

Fang Hong stayed in Qunxing Company for about [-] minutes and then left. Huayu is taking care of it here, and it runs in an orderly manner. The main task of the company is to get the accumulation of [-] billion first.

It is worth mentioning that today's A-shares have good news. Relevant parties said that under the current market environment, the major shareholders of Yangqi should continue to increase their holdings of listed companies' shares, support listed companies to repurchase shares, and strive to Promote the stable and healthy development of the capital market.

However, today’s A-share market responded to the news in a mediocre manner. The market index closed down -0.05% to 1851.52 points. The daily line closed with a green cross star.

The good news in front of us is that today's lows of the market index have not reached new lows.

……

After the weekend weekend, on Monday, December 12, the A-share market directly opened lower and moved lower. The Shanghai stock index fell -29% in the first hour of early trading. It looked precarious.

At this moment, it was around 10:19, and Fang Hong was watching the market. It has been 10 days since the short position rested on the [-]th.

Today, Fang Hong made another move.

The 7000 million funds in the securities account were divided into seven large-cap stock targets, namely Zhongxin Securities, Hitong Securities, Pufa Bank, Zhongguo Ping An, Zhaoshang Bank, Zhongguo Pacific Insurance, and Shanqi Coking Coal.

All of these seven stocks were purchased for 1000 million yuan, and all transactions were completed on the same day, and all transactions were completed in the early trading.

Fang Hong didn't wait for the A-share market to close, and immediately logged on to the K3478 Weibo account to post news after all the seven bids were sold. Now that he is famous, he is not afraid of being targeted by the market.

The funds are divided into seven, and the seven tickets entered are all big tickets, so it is impossible for someone to target him.

After a while, Fang Hong uploaded screenshots of both positions and buying points, and then edited a section of content and published it:
[Continue to fight for the big A after the break. I chose these seven bids today. If I am optimistic, I will go straight to the car. They are all big weight tickets. Each of them has engaged in 1000 million, which is directly full of positions.】

[I personally think that the recent risks of A-shares have been released in place. The current point should not be blindly bearish. This time is also the other time. The market outlook is generally bullish and relayed. Entering these seven tickets is also intended to be a mid-line trend. 】

After posting the news, Fang Hong took a look at the number of followers of the account, which has reached 280 million, which is not as high as the previous few days, and there is some connection if there is no news for ten days.

But just as he updated the news again, thirty or fifty comments appeared in a short while.

[Mark in the front row. ]
[The patriarch strikes out again! ]
[Unexpectedly, God K actually updated Weibo during the session. ]
[God K is full of studs again, and he directly sees more clearly, so it's time to start! ]
[Do you want to follow?It is now 11 minutes after 10 o'clock, and the market will be closed for 20 minutes in the morning. ]
[Changed to the midline trend this time? ]
[The patriarch is a big cow! ]
[Are you sure the market has bottomed out?It feels like there is still aftermath...]
[The patriarch's warehouse is full. If you want a basket, I will shuttle it directly. You can do whatever you want. ]
[God K, what is the core idea of ​​being a leader? ]
[K3478//Reply: The idea of ​​being a leader is to discover the spiritual leader of the market at the first time, get on it at the first time, hold it, and switch decisively until the market finds a new spiritual leader. If there is no burst of energy, we can’t say It is a leader. Since it is a leader, it must be large-scale, accept the test of market funds, first predict, and then follow. ]
[Eyes: Got it.Brain: Learning is useless! ]
[God K actually replied to me?Thank you God K! ]
[Several ST stocks that the patriarch was optimistic about before have taken off during this period of time. The ST sector is soaring. God K really doesn’t like the meat of the ST sector. ]
[Stop talking, just copy homework! ]
……

With the passage of time, Fang Hong updated the latest Weibo news, and his comments quickly broke through hundreds and hundreds, and by noon the comments had reached more than 1000.

At about the same time, major stock exchange groups and stock bar forums also began to talk about God K entering the market with a full position.

It has to be said that after the news that Fang Hong entered the market with full positions again spread, tens of thousands of retail investors were influenced by him, especially those who had already followed his account on Weibo.

Fang Hong's full warehouse entry gave them the confidence to go long. When they were diving in the morning, they all shouted to see you at 1700 points, and some even shouted to see you at 1600 points.

But now, many people immediately turn from short-term to long-term.

Many retail investors have followed a copy of homework, and some retail investors who copied homework in the past few times perfectly avoided two falls because they ate meat. Seeing the latest news today, they entered the market without hesitation.

Some people directly took a heavy position in one of the seven stocks, and some bought three, two, five, etc., or just copied their homework with their eyes closed.

However, in the last two trading days before the next holiday, the market turned down, and there was a two-game losing streak.

On Tuesday, December 12, the broader market index closed down -30% at 0.95 points.

On Wednesday, December 12, the broader market index fell another -31% to 0.66 points.

Many retail investors who follow suit are a little nervous, especially those who follow suit for the first time. Retail investors who have eaten meat a few times before and continue to follow suit this time are relatively calm.

However, the adjustment range in two days is not large, not to mention that the ancestors have said that this time it is a mid-line trend, and the small adjustment does not even have a technical breakout, so I am still willing to bear it for a few more days.

With the closing of the A-share market today, 2008 has officially come to an end, and the first trading day of the new year will be Monday, January 2009, 1.

Although the disclosure of the 2008 annual report will not be until March next year, Fang Hong is deeply impressed by the losses of major domestic funds this year.

More than 400 funds under 1.5 fund companies have accumulated losses as high as 2007 trillion yuan in this year's unilateral plunge in the market, which is in considerable contrast to the 1.11 trillion yuan profit in [-].

The 307 fund companies received a total of more than 2007 billion yuan in various fund management fees, an increase of 283% compared with 8.28 billion yuan in [-], and set a new record in annual management fee income.

To put it simply, this year's fund company's performance has hit a record high, and Jimin is so bloody that he doesn't even know it.

In the evening, the upper management released a heavy message, agreeing that the relevant departments should follow the procedures to start the issuance of domestic third-generation mobile communication licenses.

That is to say, TD-SCDMA is used as the third generation mobile communication international standard, which is also an important symbol of domestic technological innovation, and the state continues to support research and development, industrialization and application promotion.

At present, the reform and reorganization of telecom enterprises has basically been completed, and the conditions for issuing third-generation mobile communication TD-SCDMA, WCDMA, and CDMA2000 licenses are met.

The issuance of 3G licenses heralds the beginning of the era of mobile Internet in full swing in the Greater China region. New Internet giants will take advantage of this trend to rise, and there will inevitably be the decline of established Internet giants.

……

(End of this chapter)