My Fintech Empire

Chapter 687 [Sudden Black Swan Incident]

With the end of the National Day holiday, on Tuesday, October 8, Big A opened on the first trading day after the holiday, and the index entered a rebound market. The Shanghai Stock Exchange Index closed up +1.08% that day, while Quantitative Capital rebounded +4.76% today, and the stock price closed at 179.86 yuan. The turnover of the whole day was 7.196 billion yuan.

The two consecutive daily limit drops before the festival were due to the news that the founder of the company wanted to reduce his holdings, but Chen Yu quickly refuted the rumors, and the stock price stabilized as a result.

On the following Wednesday, Quantitative Capital increased its daily limit, and the stock price rose to 197.85 yuan, returning to the tens of billions of daily turnover again, and released a scale of 12.5 billion that day.

On Thursday, Quantitative Capital opened flat and fell by more than 8 percentage points at around 11 o'clock in the session.

But at around 12:00 noon, Quantitative Capital released the third quarter performance forecast report according to the regulations.

According to the announcement data, Quantitative Capital’s third-quarter performance is expected to earn 28 billion yuan, net profit is expected to be 11.7 billion yuan, and the profit is expected to increase by 4007.14% year-on-year.

Good guy!

As soon as this performance came out, the capital market was excited. Before the market opened in the afternoon, investors began to place orders and rush to raise funds.

Quantitative Capital is indeed cashing in on its performance. Chen Yu said during the mid-year performance conference call that the expected revenue in the second half of the year will exceed 50 billion, which is no problem. Moreover, in the third quarter, he made 28 billion, and the net profit directly soared to 11.5 billion, which greatly exceeded expectations.

When the market opened at 13:00 in the afternoon, Quantitative Capital's stock price went straight up, and within a minute it turned red and rose.

However, at this time, the selling pressure was very huge, the trading volume was exploding, and the stock price couldn't move after it became red, and it didn't get out of the second-link market. It finally closed at 200.59 yuan, closing up +1.38%, and the trading volume released throughout the day 15.969 billion, which is the second largest daily trading volume in the history of the stock since its listing, second only to the 16.7 billion daily volume released on September 23.

After the market closed, the popularity in the comment area of ​​the stock bar was extremely hot.

[There is no daily limit for such a big benefit, this is what I did not expect, the third quarterly report seriously exceeded expectations! ]

[Today’s sales are all fools. ]

[I have already bought heavily, waiting for the third wave of the main rise. ]

[The profit in the third quarter was 11.7 billion, and another 11.7 billion in the fourth quarter is not too much, right? Adding the 2 billion in the first half of the year, this year's profit will be 25.4 billion. The price-earnings ratio corresponding to today's closing market value is only 11 times, and the third wave of the main rise is appropriate! ]

[Niubi, is quantitative trading so profitable? ]

[This is the awesomeness of quantitative capital. High-tech stock trading is a big deal. No wonder Chen Yu has to spend so much effort to build a data center and a computing power center. This is to develop a more powerful intelligent quantitative trading model. ]

[Your opponent may not be a human, but a robot...]

[It's so unfair...]

[It’s too much, isn’t it using the stock market as a cash machine? ]

[Leave this post as a proof, if you sold it today, wait for tomorrow when you come to make a board! ]

...

The next day, Friday, October 11, the last trading day of this week came as scheduled.

Quantitative Capital jumped +5.29% today. After the opening, it stepped back on the 10-day line to cover the gap and then fluctuated upward again. At 13:49 in the afternoon, the daily limit was closed, and the stock price rushed to 220.65 yuan, with a market value of 308.468 billion. 300 billion market value mark.

Compared with yesterday's huge volume, today's trading volume has shrunk, but it still reached the order of tens of billions, with a specific figure of 10.7 billion.

When the daily limit comes out, the market is convinced that it will take the third wave of the main rise. After the holiday, it will return for four consecutive days and two boards in four days, with a cumulative increase of +28.52%. Enter to do long.

Moreover, Digital Brother also bought 500,000 today, and the market believes that the stock will go to the third wave, forming a concerted effort to go long.

The data of the dragon and tiger list in the afternoon is also very luxurious. You can see that the big players who follow the trend are also on the list. There are three hot money and two institutions for buying seats, with a net inflow of 978 million.

In the third wave of the market, investors raised their expectations one after another. The target market value was 500 billion yuan, and the corresponding stock price was about 35.765 billion yuan. There is still an increase expectation of more than 62 percentage points, and it is expected to record five daily limits.

...

Just when the market was optimistic about the third wave of quantitative capital market, a super negative "black swan" incident was exposed on the weekend, which made all the people who got on the car relay feel scalp numb.

A piece of news that went viral on the Internet and has been confirmed is that the North American Securities and Exchange Commission has frozen the investment account of Quantitative Capital in the US stock market.

Moreover, the North American Securities and Exchange Commission also announced that quantitative capital is prohibited from entering the market, which means that the company is not allowed to participate in the investment in the US stock market.

That’s not to mention, Laomei also announced that Quantitative Capital will be included in the sanctions list, and other companies are not allowed to cooperate with it, especially chip companies.

The Guangda oolong finger incident that came out before caused everyone to worry that the regulatory authorities would take action on quantitative trading. As a result, there was nothing to say in the inland villages. Instead, North America, where quantitative trading has risen, directly imposed sanctions on quantitative capital.

Moreover, it is an extremely shameless sanction operation, directly imposing sanctions on quantitative capital from entering the market, and what is even more shameless is freezing the investment account of quantitative capital.

As soon as this news came out and was confirmed, the domestic capital market became a sensation, and investors holding quantitative capital exploded.

[Never seen such audacity! ]

[After Xingyu Technology, another high-tech company was sanctioned. ]

[Now no one dares to doubt the level of AI technology of Quantitative Capital, right? Even Lao Mei directly sanctioned her shamelessly. ]

[The U.S. stock market does not allow such a powerful investment institution to exist... (erha.jpg)]

[It's over, the limit will be lowered tomorrow. ]

[The people who entered the venue on Friday were dumbfounded, and now they are all buried alive, Brother Digital, Drift with the crowd, and other hot money, all have to die...]

[No, the U.S. stock market is not allowed to play, is it not allowed to play in other markets? What are you panicking about? ]

[Dare other markets? The father of Magnesium has already spoken, not to mention that other markets can just find such a reason to ban quantitative capital from the market. After all, your smart quantitative trading is too hard. ]

[Davis double play...]

[This must be cut in half? ]

[It's really unlucky, the relay last Friday turned into a pick-up! ]

...

When the market opened on Monday, October 14, Quantitative Capital directly shrunk to a one-word limit, and the stock price fell to a price of 198.59 yuan. Last Friday, all the long funds that played the third wave of the market were buried alive.

Quantitative capital is involved in this matter. Not to mention the disappearance of the strongest logic that previously supported the stock’s skyrocketing, and the sanction for playing high-tech is simply worse, and misfortunes never come singly.

More than 30 billion funds were frozen by Laomei, which means that the money earned in the third quarter is gone. Not to mention, the fourth quarter still can’t make that much money. Chen Yu’s target of 50 billion in the second half of the year has become Bubbles.

This incident put Quantitative Capital into the so-called "Davis Double Kill" situation.

Today's one-word limit down is just the beginning, and the subsequent market will soon make everyone who relayed last Friday's scalp tingle. The stock once again surprised the scene of the group of galaxy concept stocks falling at the beginning of this year.

In five days this week, Quantitative Capital directly hit five consecutive shrinking one-word limit downs.

The stock price fell to 130.29 yuan, and the market value shrank to 182.145 billion yuan. Compared with the highest price of 252.51 yuan, the cumulative decline was -48.40%.

...

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