My Fintech Empire

Chapter 248 [GEM is about to open, and the layout is looking ahead]

Tian Jiayi looked at the information content on the tablet, thoughtful, and turned to Fang Hong and asked: "Someone wants to use the outstanding performance of the stars to forcibly endorse it, so as to make large institutions increase their positions and run into the market, attracting investors who are short-lived. Follow suit, shall we do something about it?"

Hearing this, Fang Hong spread his hands with a smile and said, "How do you react? We will also start clearing the warehouse on Monday."

Tian Jiayi said, "What about after the warehouse is cleared?"

Fang Hong shook his head and said: "No reaction is the best reaction. No matter what you say about this matter, you are wrong. You jumped out and said that the money was not for increasing positions. Shareholders said that you jumped out to destroy the bullish sentiment in the market. I blame you for beeping here, and if it continues to rise, I will laugh at you for falling short."

Tian Jiayi thought for a moment, then looked at Fang Hong with doubts and said, "But, if you don't respond, isn't it the same as acquiescing to the news of increasing positions and entering the market to go long? When the data for the third quarter comes out, it is found that Qunxing Capital's positions have disappeared. Wouldn't it be more likely that the outside world would think that the news was sent deliberately by us to fool retail investors into taking orders?"

Fang Hong naturally understood what she wanted to express, and if he didn't respond, he might be scolded even worse in the third quarter.

Fang Hong looked at him with a smile and asked back: "Who said that our holdings disappeared in the third quarter? Before the shareholder data is updated in the third quarter, why don't we just buy them back?"

As soon as these words came out, the beautiful assistant couldn't help being stunned, and was speechless for a while.

Fang Hong said self-consciously: "After this round of sharp decline, it is impossible to directly kill it to the end. I estimate that after the rapid decline, there will still be a technical rebound in the third quarter, and the technical level will go to a second high. Come out, the index rebounds by about 25 percentage points, and the bear market will officially begin.”

Speaking of this, Fang Hong looked at the beautiful assistant again and added with a smile: "It can solve the previous problem, and also enjoy the fish tail market in the third quarter, why not do it?"

Tian Jiayi said leisurely: "I hope the third quarter can go according to your perfect expectation."

Fang Hong smiled and said, "It's not a wish, it's an inevitability."

These words gave her the feeling of absolute self-confidence. Tian Jiayi was a little dubious. She just joined Qunxing Capital not long ago, and she had never copied Fang Hong's homework like Cao Chenghui, so she was dubious.

If it was Cao Chenghui, there would be absolutely no doubts.

After a while, Fang Hong picked up his mobile phone and made a call, which was surprisingly to Cao Chenghui. As soon as the call was connected, a voice came: "Boss!"

Fang Hongyan immediately asked, "Do you still have the 50ETF in your hand?"

Cao Chenghui replied: "I still have it."

This year’s market has come to the present, and the stock index has doubled. The Shanghai Stock Exchange 50ETF has risen from the bottom of 1.292 yuan net value price of more than 1,600 points last year to the latest net value price of 2.745 yuan, with a cumulative increase of +112.46%. So far this year, even an ETF index fund has made a lot of money.

The market is showing a unilateral upward trend, and it is a good way to pick up money.

Fang Hongyan said succinctly: "It will be cleared at the end of tomorrow."

Hearing this, Cao Chenghui on the other end of the phone responded immediately: "Excuse me!"

If the boss reminds you that it's time to run away, then run decisively, and you can't be wrong if you believe in the boss.

The cost price of this ETF product held by Cao Chenghui is 1.355 yuan, and the current floating profit has reached +102.58%, and it is made with three times leveraged funds. The absolute profit has reached more than 7 million.

Fang Hong hung up the phone, looked at Tian Jiayi and asked, "By the way, have you followed up on the Oriental Yuhong bid? What's the price now?"

Tian Jiayi nodded and replied: "Well, I am tracking the target. It closed down last Friday, down 2.37 percentage points, and the closing price was 25.15 yuan per share."

Hearing this, Fang Hong smiled and said: "Then wait a little longer, don't worry, with the help of the next market peak and sharp drop, there is no problem with the price of this ticket falling below 20 yuan. Buy all 1 million, and the target price will not be around 75 soon.”

The beautiful assistant immediately nodded again. Anyway, if she makes any money, it is hers. If she loses, the boss will make up for her lost principal, and then give her another subsidy according to the amount of the lost principal. times.

It's all about making money, whatever he says, he can do whatever he wants.

...

At around 5 p.m. on weekends, another big news came out of the capital market, that is, 108 companies recommended by 30 sponsors were among the first to submit applications for listing on the GEM to the Regulatory Commission.

Among these 108 companies, some were transferred from the "queuing" companies on the small and medium-sized board, and some were from companies listed on the agency system. Most of the 108 companies are innovative companies in the fields of new energy, new materials, biomedicine, electronic information, environmental protection and energy saving, modern services, and modern manufacturing.

On the news, the opening of the GEM is also quite popular. Experts claim that the "little Nasdaq" in the East is about to land in the big A, and directly benchmark the GEM against the US stock market Nasdaq.

In short, it blows and flies.

At around 17:50 in the afternoon, Tian Jiayi went to the company and brought back a piece of material, which was related to the GEM.

Qunxing Capital, as an investment management company, naturally attaches great importance to the listing of A-shares on the ChiNext Board, and must also participate. Although Qunxing Capital has been established for about a year, its current size seems to be ranked first in China. large investment institutions.

The cool summer clothes Tian Jiayi wore today were more everyday. She didn't wear work clothes. After all, it was weekends and weekends. At this moment, she and Fang Hong were sitting in the leisure area on the first floor of the villa.

"...According to the arrangement of administrative licensing, if the time for revising data and feedback is deducted, the upper limit for completing the review of a company is about three months. Preliminary estimates, if everything goes well, the first batch of companies listed on the GEM will be in 10 At the end of the month or early November, the listing will be officially launched." Tian Jiayi handed Fang Hong the relevant materials of the hundred or so companies that had applied for listing on the GEM.

"These are the three targets of strategic investment. Don't look at the others." Fang Hong glanced at the materials, circled the three targets with a pen and added: "These three targets continue to increase their holdings after subscription, and the more they fall, the more they buy. , and the buying range is not lower than 15% and not higher than 20%.”

Tian Jiayi immediately glanced at the three listed companies he marked, and couldn't help but mutter: "Yiwei Lithium Energy, Aier Ophthalmology, CTI."

Fang Hong marked these three companies as strategic investment projects, that is, holding them for at least five years and increasing their holdings on a large scale. Of the 108 companies that applied for listing on the Growth Enterprise Market this time, most of them were able to pass. There will be more than 30.

According to the original historical trajectory, there are 28 companies listed in the first batch of GEM, among which Yiwei Lithium Energy, Aier Ophthalmology, and CTI must be among them, especially Yiwei Lithium Energy and Aier Ophthalmology. Both targets can grow into listed companies with a market capitalization level of 100 billion after ten years, and both can bring more than 50 times or even more than 80 times the return on investment after ten years.

Tian Jiayi made a memorandum of his decision-making arrangement and took it to the company tomorrow.

Fanghong’s stake in the three targets is controlled below 20%. This is based on two factors. One is to show that he does not seek control over the company, and the other is to reduce taxes if the proportion is not below 20%.

The proportion of equity in a company corresponds to different rights, responsibilities and interests. When the proportion of equity in a listed company reaches 5% of the total share capital, it is a major warning line for equity changes and requires placards.

If you hold 10% of the shares, you have the right to apply for the dissolution of the company; if you hold less than 20% of the shares, you can reduce taxes; veto right; holding 51% of the shares is called relative holding in the legal sense and can consolidate financial statements; holding 67% of the shares can achieve absolute control over a company.

Qunxing Capital is an investment management company. If Fang Hong wants to invest in a company, he must either obtain more than 51% of the company's equity to gain control, or the investment will not exceed 20% of its total share capital. Below 20%, because the tax below 20% is reduced.

The investment in three listed companies, Yiwei Lithium Energy, Aier Ophthalmology and CTI, does not exceed 20%, which is a financial investment behavior based on this logic.

...

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