At this moment, Fang Hong was staring at the market. He glanced at the market index, and then looked at the trends of the 22 stocks under the Galaxy Group.
Quantitative Capital's stock price hit the limit for three consecutive days, with the stock price hitting 618.56 yuan, and the market value dropped to 864.7 billion; Toutiao today hit the limit for three consecutive boards, with the stock price hitting 117.23 yuan, and the market value dropped to 146.5 billion; WeChat, a sub-new stock, also hit its daily limit for three consecutive days.
, the stock price hit 29.34 yuan, and the market value dropped to 645.4 billion...
The stock price trends of 22 listed companies in Qunxingxing are now all down.
This round of decline in the market index has reached 20%, which has already touched the boundary between bull and bear, and calls for market rescue have become louder.
Various media outlets have also focused on the A-share market and pushed out breaking news.
In the morning, Hexun Futures News reported: The double decline in Yangyang Bank was difficult to defeat the market panic, and the stock index opened high and fell miserably and turned green.
In the afternoon, Tengxun News Express reported that the Shanghai Stock Exchange Index had a huge intraday shock of 10%. It once fell more than 7% and hit 3875 points, once again falling to the limit of 1,000 shares.
It was now 13:25. Fang Hong looked at the market trend for a while, and then shifted his attention to another screen on the left. At this time, two new messages appeared one after another.
A rare intraday Q&A from China Securities Finance Corporation: The scale of forced liquidation is very small and the risk is still controllable!
Then the Supervisory Committee issued an urgent document: There is still room for growth in the scale of financing business.
The villagers urgently spoke out to calm the market sentiment, and the China Securities Finance Corporation rarely held a question and answer session during the session, which shows how the market has collapsed at this moment.
I really can't sit still any longer, otherwise the market will hit its limit.
At this time, Fang Hong made a call to Tian Jiayi who was in the company. As soon as the call was answered, he directly ordered: "Inform the traders on the front line to use 10 billion liquidity to subscribe for the four major blue-chip ETFs, and contact Yifangda immediately to ask them to
Index funds that have been closed for subscription have opened for subscription, and we indirectly increased our holdings."
Fang Hong thought quickly and continued to order: "In addition, spend another 5 billion to increase holdings of financial stocks and oil stocks."
Tian Jiayi on the other side of the phone replied: "Do you want to inform Zheng Jinsong to let the first phase of funds enter the market to participate in the Galaxy target?"
The stocks of the 22 listed companies in Qunxing have fallen extremely hard recently, and all of them have hit the limit for three consecutive days. However, the current crash market conditions are the same, and the market frequently sees the limit of 1,000 shares.
Hearing this, Fang Hongfu said: "No, we will not be involved in the votes of the galaxies today. This is where we are, it's just the beginning, and more brutal losses are yet to come."
Tian Jiayi couldn't help but be surprised when he heard this. Is there a more brutal killing?
When these words came out of Fang Hong's mouth, she believed them without any doubt.
After a while, the beautiful assistant couldn't help but said: "What I'm curious about is that the market crashed so violently, the management didn't even call us, and they didn't even call us."
This is a time when confidence is more valuable than gold. The market influence of Qunxing Capital is self-evident. It is rare for China Securities Finance Corporation to give an intraday Q&A. It can be seen that the management must be calling everywhere to ask authoritative institutions to come out to boost confidence and reassure them.
Market sentiment.
Logically speaking, a call should have been made to Qunxing Capital at this time, hoping to calm the market and inspire everyone's confidence, but there was no such thing.
Fang Hong said with a smile when he heard this: "It's normal not to come to me. You forgot what I said in the previous video conference. It was recommended to be wary of OTC capital allocation and leveraged funds. No one listened.
Something has happened now, the market has collapsed, and you can’t help but come to me. If you don’t come to me to beg me, you won’t do anything else.”
The beautiful assistant on the other end of the phone couldn't help but sigh softly.
At this time, Fang Hong said again: "But he couldn't bring himself to come to me. I can't really ignore everything, so today we paid 15 billion, and the money was wasted."
What does enlightenment mean? That's it, but Fang Hong took out 15 billion in real money and it was not for the village leaders to see. It is no exaggeration to say that Fang Hong can do nothing if he doesn't like the village chief.
This matter was for the capital to see, because in the next few days, the village chief couldn't hold back the big A and collapsed all the way down, so that the senior officials who were visiting foreign countries had to urgently return to the country to preside over the rescue of the market.
After a while, Fang Hong said: "Let's make arrangements first."
The two ended the call quickly, and Tian Jiayi immediately started to make arrangements. Fang Hong looked at the screen on the right again and cut to the Shanghai Stock Exchange Index time-sharing disk and stared at it.
The village chief can't save face now and comes to Qunxing Capital, but in a few days the market will collapse no matter what, and after realizing the seriousness of the problem, can he still care about whether to lose face? Hurry up and find him
Star Capital, call Fang Hong quickly: Big A is in danger, help quickly!
It sounds slow. In fact, it only took about a minute from Fang Hong to Tian Jiayi to end the call. Immediately afterwards, Tian Jiayi arranged his decision-making, and 15 billion in over-the-counter liquidity was transferred in less than five minutes.
If you are ready, you can even go faster.
With the exception of Qunxing Capital, only some Guo Jia Team institutions across the country can achieve this kind of response speed and fund mobilization capabilities.
After receiving the instructions and funds, its traders immediately began to buy four major blue-chip ETFs such as 50ETF to indirectly increase their holdings. They also directly increased their holdings of securities, banks and other financial stocks and oil stocks.
At this juncture, the only stocks that Qunxing Capital can directly increase its holdings are financial stocks and oil stocks, because other targets are either purely giving away money and cannot be involved, and some high-quality core assets that can be involved have already been raised and it is difficult to withdraw.
, and even some targets may become actual controllers if they continue to increase their holdings.
Only financial stocks and oil stocks are not only large enough, but have a significant effect on the index, and they can be flexibly withdrawn at any time without raising a flag, they are of course the first choice.
In addition, Stars Capital also urgently contacted Yifangda and requested that the subscription channels for index funds that have been closed for subscription be opened. Stars Capital must directly spend real gold to subscribe to Yifangda Index Fund.
Coincidentally, Huijin, one of Guo Jia's team members, also urgently contacted Yifangda at about the same time, also requesting that the subscription channel be reopened as soon as possible. Huijin also wanted to subscribe to the Yifangda Index Fund to hold it indirectly.
What a coincidence. In late May, there was news in the market that Huijin had reduced its holdings in the four major banks, and Qunxing had withdrawn from brokerage stocks. At that time, the news also caused panic in the market, but now it has taken action at the same time this time.
But the intraday trend at this moment, with Guo Jia, Huijin and Qunxing Capital, the two major market players, tacitly agreed to go long, the Shanghai stock index stopped falling by 3875 points around 13:30, and then began to rise.
In the next half hour or so, hundreds of millions of investors in the Shanghai and Shenzhen stock markets and all kinds of hot money witnessed the market index stage a magnificent super deep V rebound.
As financial stocks and oil stocks protected the market, the index rose from the deep water area. The securities sector index, which almost hit the limit, was squeezed all the way. In just half an hour, dozens of securities stocks rose from the limit.
Red turns to rise.
At the same time, heavyweight stocks also raised their heads to attack. The four major blue-chip ETFs exploded when Huijin and Qunxing took action almost at the same time. The bulls directly squeezed the shorts, and the index was visibly going up in a short-squeezing style.
In this market trend, financial stocks, oil stocks, and the four major blue-chip ETFs staged a short squeeze trend at almost the same time. Investors and hot money from all walks of life couldn't help but exclaim: There are mysterious funds entering the market to buy the stock market at the bottom!
