boyutpedia Chapter 1329 [Sigma Fund, Marionette]
Chapter 1329 [Sigma Fund, Marionette]
Chapter 1329 [Sigma Fund, Marionette]
The stabilization fund's renewed action quickly stabilized the originally panic-stricken market sentiment, and market confidence was lost and regained the same day.
New news coming out over the weekend once again boosted market confidence. The SGX Trillion Stabilization Fund announced that it purchased six new securities 50 ETFs on Friday, with net purchases exceeding 670 billion on that day.
In addition, the Wealth Fund also announced a piece of news that the second phase of funds entered the market yesterday with a net purchase amount of more than 822 billion.
Investors have not forgotten what Fang Hong said on Weibo last year: of the 2 trillion yuan raised in the second phase of the fund-raising, half will be used to participate in the super project of "7 trillion yuan integrated storage and computing data center", and the other half will enter the secondary market of the Singapore Exchange, which is also 1 trillion yuan of incremental funds.
The second phase of the Wealth Fund has also taken action, which is real incremental off-market liquidity.
After the weekend, the stock market opened on Monday, February 2. The SGX 12 Index rose by +50% to 0.75 points, returning to the 3311.09 point mark. The turnover of the SGX market shrank to 3300 billion.
Obviously, no one is trying to dump the market at this point, and even some trapped funds are being held on to.
The SGX market continued to rise on a reduced volume in the next four trading days of this week.
After the Spring Festival, the first trading day after the holiday opened on Thursday, February 2. The volume of the New Securities 22 Index further shrank by 50 billion, but it rose by +3470% on the day, standing above the 2.07 point mark and closing at 3400 points.
The next day, the SGX 50 Index rose for five consecutive days and closed in the green again, up +0.83% to 3465.55 points. On the last trading day of the week, the SGX market volume reached 4773 billion.
On Monday, February 2, the New Securities 26 Index rebounded for six consecutive days after a sharp drop and regained the 50-point mark. Today it closed up again by +3500% at 1.40 points, and the trading volume also increased to a huge amount of 3514.15 billion, with a significant increase in volume.
The increase in trading volume was also expected. After all, the New Securities 3206.76 Index rebounded from the previous low of 50 points in just six trading days, achieving a cumulative increase of +9.58%. The short-term funds that successfully bottomed out have accumulated profits and need to cash out, and the previously trapped funds also have a need to unwind. In addition, the market has reached the previous high pressure level. These factors have caused a lot of funds to start changing hands, and trading volume will naturally increase.
However, the SGX 50 Index regaining the 3500-point mark once again made countless investors bow down in worship, and they praised the SGX market with all kinds of compliments.
Market participants generally expected that no matter how strong the Xinzheng 50 Index was, it would take at least half a month to get back above 3500 points, and at worst maybe a month. As a result, it rushed up in just over a week and a day, forming a recent ultimate deep V plus island reversal K-line combination pattern.
Of course, while praising the New Securities 50 Index, nosy investors also did not forget to DISS its neighbor. Although the Shanghai Composite Index also rebounded for six consecutive days during the same period, its strength was far less than that of the New Securities 50 Index.
Now the two major indexes are reversed, with the New Securities 50 Index standing at 3514 points, while the Shanghai Composite Index is at 3329 points, a difference of nearly 200 points. When rising, the New Securities 50 Index is stronger than the Shanghai Composite Index, and when falling, it is more resilient than the Shanghai Composite Index.
……
In the trading room on the second floor of Jingxinju Villa.
It has been more than two hours since the market closed. Fang Hong is alone in this room. He is looking at a screen in front of him, which shows the trend chart of Bitcoin.
Its K-line graph shows that on December 2017, 12, the highest price of Bitcoin reached US$18, which is also the highest price in history so far.
Starting from mid-to-late December last year, this round of Bitcoin bull market peaked at $12 and began to collapse. By the 21993th of this month, it had plummeted to $5, a drop of more than -7000%, but today it has returned to above $65.
Last year was undoubtedly another record-breaking super market for Bitcoin, with its nominal market value once reaching an astonishing height of US$4600 billion.
The strong performance of Bitcoin is the result of multiple resonances. In June last year, CZ founded a certain exchange and then moved the team from the mainland to Dongjing, because the country began to declare ICO (initial coin offering) an illegal activity.
In September of the same year, the Tron wallet was born, and in October, Cardano was born. The market continued to soar, and by December 9, the price of Bitcoin was close to $10.
The main funding driver for this round of super market actually comes from the Greater China market. Bitcoin has become a new way to transfer assets in the mainland, especially some illegal assets, which are of an alarming scale.
For example, there are some people who have amassed tens of billions of funds through "illegal" Ponzi schemes, used the money to buy Bitcoin and then transferred it out. There are not just one or two such cases, but even hundreds of millions or even billions of them.
For this wave of super market, Fang Hongyin was planning behind the scenes. He had already started making moves before the market started, which was to drive the gray income of those insiders, money-makers, and colonizers into Bitcoin.
After a while, Tian Jiayi walked into the room and placed a document on the table in front of him: "The latest information about the Sigma Fund you requested has been sent over. The Sigma Fund is currently gaining popularity in the West."
The fund was founded by Sigma Baselitz, a German-born German. The fund was named "Sigma" after him. It has been established for less than two years.
But the outside world would never dream that this new star in the Western financial circle is actually a puppet, and the real master behind it is Fang Hong and Qunxing Capital.
In less than two years, the Sigma Fund has grown to manage more than $1500 billion in assets. Sigma Baselitz's famous achievements were created in the cryptocurrency market last year.
When the price of Bitcoin broke through the high of $2017 at the end of August 8, Sigma chose to open a long position and directly leveraged $5000 billion in funds. However, just after the position was completed, the price of Bitcoin plummeted and fell below $70 in just half a month. The Sigma Fund's investment once suffered a loss of -3000%, and the investors of the Sigma Fund were furious at the time.
Because Sigma Baselitz directly locked the Sigma fund in accordance with the terms of the agreement and did not allow investors to redeem it. When Bitcoin fell to $3000, he not only did not stop the loss, but instead leveraged it to further increase his position by $50 billion. At that time, investors wanted to kill him.
As a result, after mid-September, the price of Bitcoin continued to rise, and the company turned losses into profits a month later. However, investors were still very angry. Some people wanted him to take profits and withdraw, but he refused.
同年11月中旬，比特币一路高歌猛进，8000美元、1万美元、1.5万美元、2万美元直到接近2.2万美元。
During this process, the investors of the Sigma Fund went from being angry to being stunned and then to being shocked, and finally they were so happy that they couldn't stop smiling. Their attitude changed drastically, and they began to frantically apologize to Sigma Baselitz, and gave him all kinds of praise and flattery, repeatedly saying that it was an extremely wise decision for Sigma to withstand the pressure and lock the fund.
Sigma Baselitz closed his position when the price of Bitcoin reached around $2.1, and then shorted $ billion. More than a month later, Bitcoin plummeted by half, and the Sigma Fund made another huge profit.
This investment made Sigma Fund earn $500 billion in about half a year. In addition, Sigma Baselitz also achieved amazing results in the Northern Magnesium stock market, crude oil futures market and foreign exchange market, bringing incredible returns to investors.
This also caused the asset size of Sigma Fund to soar from US$130 billion to US$1000 billion in a short period of time. Now it has reached US$1500 billion because it accepted a new batch of asset investment management entrustment plans. Investors are scrambling to entrust Sigma Fund to manage their assets.
Sigma Baselitz has also become a new and top trader who is extremely popular on Wall Street.
This is part of Fang Hong’s plan, to create a god!
……
(End of this chapter)