boyutpedia Chapter 1226 [Frightened and Bringing Money to Start Running]
Chapter 1226 [Frightened and Bringing Money to Start Running]
Chapter 1226 [Frightened and Bringing Money to Start Running]
Not long after Fang Hong published this blog post, the A-share market, which was in the process of opening for continuous bidding at around 11:20, suddenly accelerated its dive. Some people felt not only irritated but also uneasy when they saw Fang Hongfa's blog post.
Run! Run! Run quickly with your money!
In the next few days, the A-share market continued to experience a series of sell-offs, funds continued to flow out of the main boards of the two cities, and hit a recent low.
Fang Hongfa's microblog post also had a negative effect to a certain extent. Some people were afraid and decided to take their money and make a profit.
But this is exactly the effect Fang Hong wants. As for those runners, colonizers and internal traitors, it is not easy to cut them off if they are in the mainland capital market, because it is easy for them to counterattack in public opinion and accuse you of cutting the leeks of shareholders and trying to be hypocritical.
If we take action against them in the A-share market, it will inevitably affect many retail investors and we will easily fall into a passive position in terms of public opinion.
For Fang Hong and Qunxing Capital today, they cannot lose the moral high ground. If you don't occupy this high ground, the enemy will occupy it. Fang Hong must not only occupy it but also hold it firmly.
Drive them out, things will be easier once they are outside, and there will be no more worries and we can do whatever we want.
……
Fang Hong's Weibo post continued to ferment for several days after it was published, triggering huge discussions in the outside world. After all, he is not only a public figure with great influence, but his influence is also extraordinary.
On Saturday, January 1, Luo Qingan also took the initiative to contact him about this matter, and the two were meeting and talking at this moment.
"Director Luo, let me guess, someone has reported me to the higher-ups?" Fang Hong looked at Luo Qing'an and said with a smile. The latter nodded directly and said bluntly: "Your article has caused quite a stir these days, saying that you have deliberately created conflicts and undermined unity without considering the overall situation."
"We've caused trouble for the higher-ups again." Fang Hong then said with a face full of indignation, "I really can't help but speak out. Seeing that the foreign exchange reserves are only 3 trillion US dollars and the national wealth is flowing out on a large scale, I am even more distressed. Destroying unity? What they said is very high-sounding, but sooner or later, these traitors will stab you in the back. Who are our enemies? Who are our friends? This question is the primary issue."
Fang Hong continued, "When state-owned enterprises are not performing well, these people slander them as bloated 'zombie enterprises' and give the so-called prescription of privatizing them. On the contrary, when state-owned enterprises are performing well, they slander them as 'monopolies' and the solution is still to privatize them, or even allow foreign capital to invest in and control them. There are countless examples like this. These people are carrying the red flag to oppose the red flag, which poses a huge hidden danger to the country."
Luo Qingan was quite surprised to hear these words coming from Fang Hong. Since the two were not on the same track, Luo Qingan was even more outspoken. He couldn't help but laugh and joked, "I didn't expect that you, as the largest private business owner in the country, would actually defend the public system so much. I don't think anyone would believe it if I told them otherwise."
Fang Hong said calmly and confidently: "This is about the foundation of the country. In essence, it is about safeguarding the fundamental interests of the country and the nation. It has to do with my identity as a member of the Chinese people, and has nothing to do with my identity as a private business owner. Moreover, I am also stating objective facts. The performance of state-owned enterprises is not as bad as those people say. For example, the State Grid Corporation is very powerful. They are demoting it to nothing just because they want to privatize it and share the spoils."
Luo Qing'an also further understood why the higher-ups appreciated, valued and trusted the young man in front of him more and more. Not only did he have outstanding abilities, but he also had a clear sense of right and wrong when it came to major issues. Even if such a person really got into big trouble, they would do their best to settle it.
After a while, Luo Qingan said, "The higher-ups told you to hold back and not attract fire or hatred. You can't fall."
This has been said very bluntly. I don't want Fang Hong to be involved in too many vortexes of right and wrong, otherwise he will have to spend energy to get himself out of it. For the future of finance and the transformation and upgrading of the industry to high value-added technology, Fang Hong and Qunxing Capital are currently playing a very critical role. This is the top priority.
Fang Hong was speechless for a moment. After a moment, he nodded and replied, "Okay."
He also knew that Luo Qing'an did not come here to criticize him on behalf of his superiors, but to remind him not to get himself involved. The water is very complicated here, with soldiers versus soldiers and generals versus generals. You should do things within your professional field. Doing things that are not your professional field will not only result in half the effort and twice the result, but may also get yourself involved.
Fang Hong certainly knew this. If it were not for the fact that it was difficult to cut them off in the mainland capital market and they had to be driven out and into encrypted digital currency channels, he would not have threatened them so sharply in that article.
……
In the past few days, in addition to the continuous decline of the main board index in the mainland capital market, the New Securities 50 Index also adjusted downward for five consecutive days during the same period, breaking through the recent low and falling below the 2000-point mark again.
However, the main factor behind this round of continuous adjustments in the A-share market was not Fang Hong’s Weibo post, but the panic caused by the village’s talk of speeding up IPOs, as well as Le Shi’s continuous negative news and suspicion of a “Ponzi scheme”.
In addition, the Spring Festival is approaching at this time, and it is the end of the year and investors also need money.
The adjustment of the Xinzheng 50 Index is actually more due to investors cashing out before the New Year, which can be seen from the trading volume of the five major Xinzheng 50 ETFs.
On the contrary, there has not been a large-scale outflow of funds from institutions, and there is even an inflow of funds.
Although it is also an adjustment, the logic of the Xinzheng 50 Index is different from that of the sell-offs in the main boards of the two stock exchanges. The decline of the Xinzheng 50 Index is because investors have made a lot of money. Many people made 50 to 2016 points in by directly buying the Xinzheng ETF fund. Now that the New Year is approaching, investors are cashing out some money to spend on consumption or to subsidize their household expenses.
……
The next weekend, the Singapore Exchange released the "New Town Securities Trading Statistical Yearbook 2016". The speed and efficiency surprised the outside world. It was released just halfway through the first month of the new year, and the outside world thought it would be released in the second half of this year.
Now that it has been released, investors and related practitioners have quickly and strongly watched it. The SGX officially opened on January 2016, 1, and it has just been one year now. Some key data in this yearbook report has also attracted much attention from all parties in the market.
The report pointed out that in the past year of 2016, 612 companies successfully registered and listed on the Singapore Exchange, and the total amount of funds raised throughout the year was 3402 billion yuan.
The annual turnover of the SGX market exceeded 26 trillion yuan, with an average daily turnover of about 1065 billion yuan, while the total turnover of the Shanghai Stock Exchange in 2016 was 25.6 trillion yuan. This can be seen by switching to the annual line in the market software. The trading activity of the SGX market far exceeded the expectations of major analysis agencies in the industry.
……
(End of this chapter)