In the last few trading days of November, the three major A-share trading markets maintained a volatile upward trend. By the end of the month, the Shanghai Stock Exchange Index once touched the 3,300-point threshold, but in the end it failed to stand firm and fell back after a surge.
During the same period, the NSE 50 Index also reached a record high of 2155.87 points. The range increase from the historical bottom of 780.15 points has reached 176.34%, and the annual increase has also expanded to 115.58%. It is really a mess.
Just as the end of November came to an end, the craze for the concept of raising placards finally came to an end. The landmark incident was that Boss Yao's banknote system was investigated for illegal entry into the market.
Yao Yuan thought that in the equity war of Wan Tiao, with Fang Hong and Qunxing Capital attracting firepower from the front, he could stay out of it and make money happily.
In the end, he never expected that Fang Hong's opponents would pull him out and sacrifice him to frighten all parties. This was a very important signal that frightened other "barbarians" who followed suit. The signal it conveyed was: it can't be done.
Fang Hong and Qunxing Capital still can’t defeat you?
…
Jingxinju Villa, in the study on the second floor.
Tian Jiayi entered the room and said to Fang Hong who was sitting in front of the computer: "The news just came out that Mr. Yao's Bao funds have been sanctioned. It seems that the wave of placard raising in the A-share market that has lasted for more than two months should be
It’s going to fade away.”
Fang Hong said without looking back: "As expected."
In other words, the market on the main board index driven by this boom is about to end, and the Shanghai Composite Index has just hit the 3,300-point mark and is about to undergo an adjustment.
After a while, Fang Hong turned back and glanced at the beautiful assistant and said: "After this wave, there should be a lot of funds on the main board cashing out and fleeing. Most of these funds are going to be profited outside. Now I am more concerned about the foreign exchange market.
Over there, if nothing else goes wrong, the United States should raise interest rates for the third time this year next month."
Tian Jiayi nodded and said: "In the second half of this year, as expectations for U.S. dollar interest rate hikes continue to rise, the U.S. dollar index has been rising steadily and has reached the 100 mark, setting a 14-year high since March 2003."
She recalled the trend of the foreign exchange market and added: "On the other hand, the offshore RMB exchange rate against the US dollar began to fall continuously after the National Day this year. The 6.7 that was once considered an 'iron bottom' by the market was easily broken. On November 11, it fell below 6.8,11
It fell below 6.9 on March 24 and is about to break through the important psychological barrier of 7."
Although the international short forces were defeated in the first round of attacks at the beginning of the year, they still did not give up. They just refused to leave. Throughout 2016, the international short forces launched several rounds of sniping attacks in the offshore RMB market. However, the scale was compared with that at the beginning of the year.
Be smaller that time.
At this time, Fang Hong asked: "How is the country's foreign exchange reserves? Do you have the latest data?"
Tian Jiayi immediately replied: "According to major statistical estimates, from February 2016 to now, there has been a decrease of US$719 billion, and the total decrease for the whole year has exceeded US$1 trillion, to US$3.01 trillion. It is only just over US$3 trillion.
There is only one step left. If the foreign exchange contribution from the stars were excluded, I am afraid it would have already exceeded the 3 trillion mark, and the flight of funds this year is particularly alarming."
With such an astonishing amount, it is no wonder that the offshore RMB exchange rate fell below 6.9 and headed towards the 7 mark.
Fang Hong smiled calmly: "It's good for people, it's rubbish. Clearing out the rubbish is not a bad thing in the long run."
This year's round of large-scale decline in foreign exchange reserves, although the flight of foreign capital is also one of them, is not the processing of the fleeing funds, but the domestic capital enriching people, and the flight of colonists accounts for the majority.
In April of the first half of the year, Fang Hong publicly confronted the group of people in the middle of the live broadcast room and made remarks about liquidation.
Then there were the black swan events of SGX, including the large-A retail investors switching to SGX in the second half of the year, the five SGX 50 indexes being bought up by retail investors, the SGX theme fund subscription boom, etc.
This series of major events all illustrate one phenomenon: those people are very uncomfortable now.
The rise of Fang Hong not only continues to squeeze their interests, but also makes them afraid of the phenomenon of his rise, especially the SGX registration-based pilot project and the continuous rise of the SGX 50 index. The above are not worried at all now.
The so-called bubble, and the tone of some so-called financial experts who talk about bubbles as mouthpieces, can no longer be deceived.
This makes the people behind the mouthpieces even more troubled. They are not stupid. All signs indicate that the higher-ups are trying to protect the SGX and they also have great trust in Fang Hong. Now the 150 million shareholders of Big A are all here.
As they continue to "move" to the SGX, once things are almost done here, will the higher authorities really start taking action? This is something they have to consider no matter what.
The stars and Fang Hong are now at their peak, and they cannot defeat Fang Hong, so these people have been thinking about it for the best.
Their big brothers behind the scenes are silently planning for the "worst case scenario", which is why this year's large-scale flight of foreign exchange reserves has occurred, which is several times larger than the flight during the same period in Fang Hong's previous life.
However, the country’s foreign exchange reserves have still not fallen below the US$3 trillion mark. Although the amount of money fleeing is staggering, there is also wealth harvested overseas by Fang Hong and Qunxing Capital in this life to offset it.
After a while, Tian Jiayi suddenly changed his words: "When you talk about Runren, the information sent back by our staff in Mexico is very interesting..."
In the early years, Qunxing Capital had a low-key layout in Mexico City. This was also Fang Hong's handiwork. It was to prepare the layout in advance for the upcoming trade war. If America is new, there is a high probability that there will be a trade war. When the time comes,
After re-branding at Mexico City, the products were still imported to North America, so it was not surprising that there were informants at Mexico City.
At this moment, Tian Jiayi continued: "According to the documents and reports sent back, they have discovered that the number of illegal immigrants from China through the Mexican border has been growing very fast recently, especially in the second half of the year."
This chapter is not over yet, please click on the next page to continue reading! "And this group of people seemed to be quite familiar with the entry process there. They burned their passports as soon as they passed by, and then went directly to the local immigration police to surrender, but because
The local prison has long been full and cannot hold these people, so they can only be released where they are. After three days, these people can move freely."
According to the description of the information sent back by the informants in Mexico, the entire operation process of the Run people was as smooth as a textbook, and they were no different than those from Lao Mo, La Mei or the Middle East guys.
grade.
Can it be called a dimensionality reduction attack...
Other illegal sip transfer guys were extremely puzzled when they saw these Dongfeng faces. They couldn’t figure it out. They really couldn’t figure it out. These people looked clean, carrying the latest Apple three-piece suit, and even dragged around a delicate
The suitcases, they don’t look like refugees at all, but they came over to steal this track from them. I really don’t understand, and my brain’s CPU is dry and I don’t understand...
In fact, many of these people are actually very rich, but the money is somewhat problematic, otherwise they would not be involved in this track with the guys from Mexico, Latin America, and the Middle East.
At this moment, Fang Hong was thinking and his eyes were swaying from side to side. He didn't say a word but his brain was thinking rapidly. Seeing him like this, the beautiful assistant couldn't help but smile and said: "What are you thinking about? Could it be?"
Are you planning to trick these Run people?"
She really guessed it right, but Fang Hong said calmly: "How can it be called a trap? They can get through it, but I have to get back the wealth they brought out."
