My Fintech Empire

Chapter 641 [Foreign capital living in Bengbu]

Friday, March 8.

The group of galaxy concept stocks is still killing the limit-down trend. The quantitative capital of the rocker board yesterday also sealed the limit-down trend today. The retail investors who followed the trend yesterday are now scalp tingling.

Retail investors don't have an analysis team from a large institution, and they can't see the situation clearly, so they regret it now.

On the news side, there was a new rumor in the market today.

Today, a so-called insider who did not want to be named came out and broke the news, claiming that Qunxing Capital plans to kill to the end, and will copy the operation of Hengtong Pharmaceutical Group in the past, and carry out a wave of operations, including large-scale fixed increase.

This news was secretly released by Qunxing Capital, and the news spread wildly in the investment circle.

Some stockholders who entered Quantitative Capital yesterday felt their scalps tingling.

The news quickly spread to the ears of those hard-pressed foreign investors. Now that Bengbu is really stuck, Qunxing Capital wants to play the same operation as Hengtong Medicine? That is the operation of eating dry and wiping clean!

The most important thing is that the people in the village seem to be indifferent to this matter, they should eat and drink, as if they don't know about the fact that the 12 galaxy concept stocks hit the limit.

But about this matter, what can the village say?

At this moment, Qunxing Capital is still pushing up the financial market, and the index has not experienced a crash-like plunge. Isn't it still around 2300 points at the moment.

The news spread wildly all morning.

When the market opened in the afternoon, the amount of cover orders on the lower limit board of the 12 galaxy concept stocks exceeded 100 billion more.

These extra funds are foreign capital.

In a sense, this is a signal to admit defeat.

The field is not his own, and there is nothing he can do if it is blasted in a targeted manner.

There is another key factor that cannot be ignored, that is, the US stock market hit a record high this week, and the Dow Jones index broke through the historical high of 14198.10 points in the 2007 subprime mortgage crisis and the 2008 global financial crisis.

This side is still exploding and the floating losses are constantly increasing, and the US stock market has broken through over there. This time, this side was cut off and the US stock market was empty.

Originally, the plan of this batch of hot money foreign capital was to harvest it here in the galaxy, and then withdraw the funds to the US stock market, making a lot of money on both ends.

The result is now a blood loss at both ends.

...

Monday, March 11.

The group galaxy concept stocks continued to hit the limit-down trend, which is the sixteenth consecutive limit-down.

Shareholders are all numb, it is not surprising now, and the market is not affected by this, the most intuitive reaction is that the group of galaxies collectively lowering the limit has not caused any panic in the market index.

On the contrary, the big financial sector has been very strong recently. During this period, the banking sector index has increased by +41.89% since it bottomed out at 1949 points in early December last year. Many people are also participating in the big financial sector. +69% or so.

More and more stockholders know that there are mysterious funds passing through the big financial support index at the moment. As long as the galaxy continues to drop, the market of the big financial sector will not end. This is the structural differentiation market now.

...

Around 14:00, Qunxing Capital headquarters.

At this moment, in a VIP reception room inside the company, Qiu Guangcheng, the current rotating chairman of Qunxing Capital, is here, and there is also a middle-aged Caucasian foreigner in a suit and leather shoes.

"...You guys have gone too far. You are offending the entire Wall Street." The foreigner looked directly at Qiu Guangcheng, who was sent by Merrill Lynch, with undisguised anger.

It's a showdown now, and I'll cut to the chase, because I really live in Bengbu.

This time, more than one foreign-funded institution was bored, but Merrill Lynch is still in a state of cooperation with Qunxing Capital. Merrill Lynch is currently trapping a lot of funds in the encrypted digital currency market.

Other institutions have no cooperative relationship with Qunxing Capital, so they can only let Merrill Lynch come forward this time. In fact, the moment the other party took the initiative to come to the door, it was a surrender, otherwise it would never have made such a move.

"Mr. James, you can't talk nonsense without evidence. This is a capital behavior in the secondary market. How could our company dare to offend the entire Wall Street." Qiu Guangcheng said with a righteous face.

Hearing what he said, the foreigner sitting opposite him felt even more angry.

You clearly know that what he said is nonsense, but he also knows that you know that he is nonsense. This is the most annoying thing, and what is even more annoying is that you are bored.

"OK, we admit defeat this time and are willing to admit losses and get out of the game. Let us release the remaining funds. We have already cut in half and cut in half. If you continue to kill, you will not make much profit. Let it end here."

Upon hearing this, Qiu Guangcheng said calmly: "I told Mr. James that this is a market behavior and has nothing to do with Qunxing Capital. In fact, we are the one that lost the most, and our net assets have shrunk by nearly 400 billion U.S. dollars."

When the middle-aged white man named James heard this, various "F" letters began to emerge in his mind endlessly.

At this time, Qiu Guangcheng said calmly: "Market behavior, when it stops falling is also the result of market games."

The implication is, just wait!

When the other party heard this, he snorted coldly and walked away, unable to stay for a moment, afraid that Madfak would blurt out at that time.

As the other party left, Qiu Guangcheng couldn't help sighing: "Stars Capital has become more and more connected with Wall Street..."

...

The following day, Tuesday, March 12.

The concept stocks of the group of galaxies hit the 17th consecutive board limit-down wave. For those who are stuck at a high level, the absolute loss of the current limit-down limit is relatively small.

For example, Xingyu Technology fell to 1.57 yuan yesterday, with a cumulative decline of -81.80%. Today, it will hit another limit down. The funds that intervened yesterday must suffer a loss of 10 points today, but for funds locked in from a high point, today's After the lower limit came out, its cumulative decline expanded to -83.66%, and the absolute loss was only -1.86 percentage points.

For the high-point hold-up plate, there is really not much oil and water to be squeezed out.

However, the 17th consecutive board limit has not yet come to an end.

...

Wednesday, March 13.

The A-share market opened, and the galaxy concept stocks once again collectively hit the limit. Except for Quantitative Capital, the other 11 stocks hit the limit of 18 consecutive boards.

Quantitative Capital, after being taken over by the general rudder, has also gone out of four one-word limit downs today.

Shareholders looked at this situation and called it the 18th hell, as if there was no bottom, the stock price of Xingyu Technology fell to an incredible price of 1.27 yuan, and the market value shrank to 349.7 billion yuan, a market value of 2 trillion yuan. Just evaporated.

As time went on, it was around 10 o'clock.

There has been a change in the 12 galaxy concept stocks, and many large institutions that are staring at it have noticed, and they are staring at these stocks.

At 10:03, tens of billions of funds poured into 12 galaxy concept stocks almost at the same time.

When Xingyu Technology fell to the current price of 1.27 yuan, the order funds on the limit board were only more than 10 billion, but the amount of orders was not low, because the stock price was low, and the funds for orders were naturally reduced.

At this time, Wanshou brothers entered the market together, and more than 13 billion funds on the limit were quickly eaten up.

The 18th consecutive board limit down, pried open!

At the same time, Weibo, Kyushu Blue Arrow, Kunpeng Technology, ATL Technology and other galaxy concept stocks also exploded at about the same time.

The limit boards were pried open one after another, and the time-sharing line began to rush upwards.

The broader market index was also brought up, rushing from the -0.70% water level to the -0.24 water level.

...

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