My Fintech Empire

Chapter 138 [Take action on their mentality]

Qunxing Capital, including Fang Hong, did not know that just announced the 3 billion purchase plan, which really fulfilled the previous speculation. The film and television company that holds the copyright feels that Qunxing Capital is very eager to hoard copyright.

Seeing that you are so anxious to purchase, you can further expand your benefits and take the opportunity to further increase the price.

Fang Hong had considered this issue long ago, and he naturally had strategies to deal with it.

...

Today is Tuesday, March 31, which is also the last trading day in March. Affected by the negative impact of the sharp drop in U.S. stocks in the external market last night, the A-share market opened sharply lower today. Expanding to -2.50%, the index dropped to 2299.16 points, falling below the 2300-point mark.

The positions held by Fang Hong’s personal securities account were cleared at the opening of the market on Monday yesterday. At this moment, when the market index fell below the 2300 point mark, he pushed the position again and entered the market again, still holding seven individual stocks in separate positions. It is also the most heavily traded stock in the market.

The current amount of funds is not low, but short-term operations can still be carried out by selecting large-cap heavyweight stocks with large trading volume at the same time, but it is a bit troublesome.

Fang Hong intends to make his personal account reach 1 billion within the year. If he wants to achieve the goal of 1 billion within the year without adding leverage, he must do more arbitrage to avoid market declines and lock in profits .

Just less than a minute after the market index just broke through the 2300 point mark, it closed up, and started the market of opening low and moving high.

After 10:00, the two major indexes oscillated and rose all the way after the sharp drop for half an hour in the early trading out of the panic.

When the market opened in the afternoon, the market continued to fluctuate and rise, and the market index turned red one after another, which made the investors who had cut their meat in the early trading very speechless.

As of the close, the Shanghai Index closed up +0.64% to 2373.21 points with a turnover of 135.2 billion; the Shenzhen Component Index closed up +0.76% to 8980.05 points with a turnover of 61.4 billion. The total turnover of the two cities was 196.6 billion yuan.

Big A opened so much lower today, and finally managed to make a profit, which greatly exceeded the expectations of stockholders.

Fang Hong's personal securities account outperformed the index by a large margin today, with a daily rate of return of +3.10%, a net profit of 8.03 million yuan excluding transaction costs, and the account funds expanded to 267.18 million yuan.

From the goal of 1 billion, there are still more than 700 million, so it's early.

However, Fang Hong is not too anxious. This year's A-share market will not be bad, and there is plenty of time. We have only finished one quarter now, and there are still three quarters to come. big.

...

Not long after the market closed, the village released a piece of heavy news about the GEM index, namely the "Interim Measures for the Administration of Initial Public Offerings and Listing on the GEM". Two sets of listing financial criteria are used.

After the relevant supporting work is completed, the application for the initial issuance will be accepted, and the right to review the issuance belongs to the Regulatory Commission.

The first set of criteria for the issuer's financial status is: continuous profitability in the last two years, cumulative net profit in the last two years of not less than 10 million yuan, and continuous growth. The second set of criteria is: profit in the most recent year, with a net profit of no less than 5 million yuan, operating income of no less than 50 million yuan in the most recent year, and a growth rate of no less than 30% in the last two years of operating income.

Investors are speculating on the specific opening and listing time of the GEM. Some people speculate that it may be listed in the second half of this year. At that time, there will be three major indexes in the big A and two cities, namely the Shanghai Index, the Shenzhen Component Index and the upcoming A-share market. GEM refers to.

At the same time, the GEM belongs to the Shenzhen Stock Exchange.

However, Fang Hong knew that the ChiNext index would definitely not come out this year, and if nothing unexpected happened, it should be listed on the big A shares in June next year.

When the news came out today, many stock commentators began to brag about the GEM, benchmarking it as the US stock Nasdaq index, but Fang Hong knew that there was a long way to go for the Big A’s GEM index to benchmark the Nasdaq index.

...

In the afternoon, about an hour after the market closed, Fang Hong came to the headquarters of Qunxing Capital.

"Brother Fang, you hit the mark again." In the CEO's office, Hua Yu looked at Fang Hong and said, "As soon as the announcement was made yesterday, several leading film and television companies raised their prices today."

Fang Hong drank his tea calmly while listening to Hua Yu's report. The latter continued, "At noon, the people in the purchasing department reported to me that the six leading film and television companies including Guangguang have all raised their prices. Saying that there are other buyers who are willing to pay a higher price, the implication is that the one with the highest price will get it.”

Putting down the teacup, Fang Hong looked at Hua Yu with a smile on his face and asked, "How much has it increased?"

Huayu replied: "The popular film and television dramas and classic film and television dramas have directly increased from 50,000 yuan/episode to 100,000 yuan/episode, directly doubling, and the next ones have also increased hugely. The overall average price increase has reached 72%. Left and right, they are treating Qun Xing as the idiot son of the landlord's family, and slaughtering them as if they were taken advantage of."

Fang Hong leaned back on the sofa and stretched his legs, and said with a smile: "It is recorded in the little black book. We will maintain the original quotation, neither increase nor decrease the price. If the other content producers are willing to sell, we will buy it. As for those companies who are driving up the price It’s all about pulling with them.”

Huayu nodded.

Fang Hong immediately added: "Since the test has come out, we can adjust our strategy. We are now actively preparing to purchase the online broadcasting rights of foreign films in the Greater China market. We will report 15 Hollywood blockbusters and classic films in the past two years. 10,000/unit, and 100,000/unit for classic old films.”

This remark made Hua Yu's face suddenly full of surprise. Fang Hong's decision was obviously a bit unexpected to him, because Fang Hong had said frankly why he couldn't buy foreign films before.

Then it changed?

Seeing the surprised expression on Hua Yu's face, Fang Hong smiled faintly, and said slowly: "Don't be surprised, this time is also the other time, big entertainment companies overseas and inland, we just need to catch one and release one. Just think of the two as a seesaw."

In short, for the promotion of copyright protection in the future, it’s okay to eat both inside and outside, but not at the same time. Otherwise, you will be taken advantage of. At least one party’s interests must suffer losses due to copyright issues, so as to have the motivation to promote copyright protection. .

Fang Hong added: "Since the leading manufacturers in the mainland want to sell me leeks at high prices, let them be put aside first, let's buy foreigners' things at a higher price than what they quoted, and do something. Their mentality, I can see if he is jealous or angry?"

Hua Yu couldn't help laughing, and said: "The seesaw effect, this trick is really good, but it's also quite damaging."

Qunxing Capital is really not short of money now, because the external market has already made crazy profits. This time, it is more profitable than last time, because this time it is 856 million U.S. dollars to use 30 times leveraged funds to do long. The current yield is +11.26%, which is the figure that the external market has plummeted in the last two days.

The rate of return of +11.26%, multiplied by 30 times leverage, is +337.8%, and the absolute profit has reached 2.891 billion US dollars, which is equivalent to 19.7 billion in RMB. This is why Hua Yu never questioned Fang Hong's decision. .

The current asset size of the peripheral market plus the 10.2 billion previously repatriated is RMB 35.8 billion. In just over two months, Qunxing Capital has already caught up with Huayang Group just because of its "alms" in the overseas capital market. At present, the total asset scale is just over 2 billion yuan away from catching up with Huayang Group's total asset scale.

If Qunxing Capital's investment in the A-share market is included, it surpasses Huayang Group by 100%.

This terrifying capital expansion rate made Hua Yongming repeatedly emphasize to Hua Yu that it is necessary to establish a good relationship with Fang Hong. Whenever Qunxing Capital needs it, the resources that Huayang Group can provide will be provided without hesitation.

Hua Yongming now has no doubts about one point, that is, as long as the relationship between Huayang Group and Qunxing Capital and Fanghong is consolidated, the future Huayang Group will definitely go for a scale of 100 billion assets.

But at this time, Huayu smiled and said: "I don't know how long those leading film and television companies that drive up prices can last."

Fang Hong spread his hands and said nonchalantly: "I don't care how long he lasts, I will follow the original price. They will sell it or not, but as long as they sell it, they will pack and buy enough at one go. We are not short of money. If they dare to sell us Get paid right away."

Hua Yu nodded: "Understood."

Now the price of the copyright has been raised. In other words, Qunxing Capital is the only buyer in the current market, and other online video sites, including Boss Jia, cannot afford it.

Because I can't afford that price, I have no money!

Unless those film and television companies are willing to sell it to Boss Jia or other video sites at a price of 1,000 or 2,000 yuan/movie, but they obviously cannot sell it. Qunxing Capital quoted a price of 50,000 yuan/movie, either they will not sell it, or they must sell it to Qunxing Capital.

Therefore, Qunxing Capital is sitting firmly on the Diaoyutai and is not in a hurry at all.

...

(Ps: I will report the latest data to everyone. As of the update of this chapter, the average order data is 1962, and the difference is 38 to 2000. Please subscribe. If you break through 2000 today, you will go directly to ten updates!)

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