Jingxinju Villa, in the trading room on the second floor.
Not long after the market closed, Fang Hong looked at one of the screens showing the trend of the New Securities 50 Index. He picked up the phone and called the beautiful assistant at the company.
As soon as the call was connected, he ordered: "Say hello to the person in charge of the first-phase capital disk at the wealth fund, and prepare to withdraw the two trillion principal of the first-phase capital disk from the secondary market, and keep the profits and continue to hold them."
That’s it.”
Tian Jiayi's response came from the other end of the phone: "Okay, I understand."
Fang Hong added: “First, we will withdraw no more than 5% of the shares that do not require a shareholding reduction announcement.”
Tian Jiayi replied: "Yeah, okay."
…
The person in charge of the first-phase capital plate of the wealth fund quickly received the news, and the next day began to execute the instructions of the ultimate big boss to sell the stocks held in the first-phase fund plate.
On that day, the SGX 50 Index also adjusted downward by -1.13 percentage points. The main shareholding targets of the first phase of the capital market are on the SGX. However, there are also some stocks on the main boards of the two cities, which meet the requirement that the shareholding does not exceed 5% of the total share capital and no announcement is required.
The holdings announced in the reduction announcement are all reducing their holdings in a liquidation manner.
The NSE 50 Index is indeed very strong. After five trading days of adjustment, it once again broke through this small shock platform on Friday, March 24. It closed up 1.52% that day and continued to hit a new high, pushing the index point to 2328.93.
The height of the point.
The positive line in the index has been lifted, which has also allowed the New Securities 50 Index to gain a cumulative increase of 20.3% since it rose from 1933 points, and the annual line has also reached a cumulative increase of 17.4%, while the annual line of the main board Shanghai Index during the same period was only
With an increase of 5.33%, the strong bulls of the New Securities 50 Index can be called a crushing level.
However, after the entire Zhongyang line came out, there were four consecutive negative adjustments in four consecutive trading days, and it dropped to 2239.94 points. The huge size of the wealth fund made it difficult for the market to connect.
Fang Hong is also observing the holding capacity of the NSE 50 Index. After all, the targets currently being sold are those with no more than 5% shareholding ratio. Greater selling pressure is yet to come, and the two trillion reduction in holdings is almost ready to be cashed out.
45% of the funds in the first phase is quite scary in absolute terms.
The real big selling pressure later was the reduction of several large heavyweight stocks in the NSE 50 Index, including Xingyu Technology, Kyushu Blue Arrow, Matrix Quantum, Kunpeng Technology and other targets. These stocks have been held by the wealth fund in the first phase of the fund.
If the shareholding exceeds 5%, an announcement will be made to reduce the shareholding.
What is certain is that the market will definitely cause a lot of panic by then. After all, two trillion funds have been cashed out. If this were placed in the two markets next door, the index might collapse directly.
There will definitely be adjustments. Fang Hong initially estimates that there will be a downward adjustment of about 10 to 15 percentage points. If it falls further, he will also take action.
Don't worry too much about the fall. It has fallen too much. The Pingzhun Foundation will support the market, including Perennial Capital, Bell Capital and many other cooperative institutions. They will also support the market.
On the next day, Friday, March 31, the NSE 50 Index stopped falling for four consecutive negative days and rebounded 0.41 percentage points that day to close at 2244.35 points, which seemed to show signs of stabilization.
…
That afternoon, we stayed in the villa quietly.
"Luo Qing'an has sent the book title approval document. The higher-ups have already approved the plan to build an integrated super computing center worth RMB 7 trillion." Tian Jiayi came to Fang Hong with a document and handed it to him.
Fang Hong personally wrote a report on this matter to his superiors last month, saying that he would spend 7 trillion yuan to build an integrated super storage and computing center. This is not a small matter, and the impact is extremely huge. Without the country
No matter how much money you get, you can't get it done.
In a word, the matter is so big that the relevant local departments cannot make the final decision. The state has to make the final decision.
During these days, Fang Hong has been waiting for news from above.
He took the file and opened it to browse. Tian Jiayi said at the side: "Your plan can be carried out with the approval of the state, but the file also clearly states that the state will not provide subsidies. It is too small. The figure of 7 trillion can be ignored. It is too small."
If there are too many countries, there won’t be that much money.”
Fang Hong browsed the documents and smiled and said: "As long as it can be approved at the speed of light, we are not short of money and do not need subsidies from the state. Furthermore, from the perspective of the ownership structure, it is equivalent to the state paying. After all, Qunxing also has five major Guo
Jia Team holds shares, and the state has invested part of the 7 trillion yuan, so it is reasonable not to provide additional financial subsidies."
At this time, Tian Jiayi added: "Although it did not say that subsidies would be provided, it gave strong support and many conveniences in the main policy, requiring local governments to actively cooperate and provide necessary support. In other words, with this Sword of Shangfang
Now that we have it in hand, there will be no local resistance to building a storage and computing center wherever we want.”
At this moment, Fang Hong also saw this paragraph in the document, and couldn't help but nod his head: "This is much more effective than financial subsidies, and it is indeed comparable to Shang Fang's sword."
It’s not surprising that the plan to build a depository and accounting center with RMB 7 trillion has been quickly approved by the state. First of all, this money does not need to be paid by the state, which is equivalent to increasing the pass rate by more than 70%. And spending this RMB 7 trillion will have a negative impact on the economy.
The boosting and pulling effects cannot be ignored.
This can be regarded as an infrastructure project. When the economy is not doing well, they often rely on infrastructure to drive the project. If Fang Hong wants to spend 7 trillion yuan to build an integrated super storage and computing center, he must build a large-scale infrastructure, and it is also a technology-based infrastructure industry.
The key is that there is no need for the state to pay for this. There is no reason not to approve it. This year's economic growth target is basically stable, especially when Fang Hong also said in the report that the plan will be implemented quickly and this year's GPD growth rate can be as high as eight.
Nine, that is, a guaranteed growth rate of 8%, and an optimistic estimate of a 9% growth rate.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! You must know that the national GDP last year was close to 7%, with a total of 83.3 trillion.
If Daxing plans to build infrastructure projects, it will be able to contribute at least 1% of the country's net GDP increase this year, without the country having to pay a dime. The high growth target means that it is expected to exceed the 90 trillion integer figure in 2017.
Annual GDP total, such a brilliant result should not be too fragrant.
After a while, Tian Jiayi said thoughtfully: "I don't think there will be any resistance from the local government. We have invested such a huge amount of money to build the deposit and calculation center, and the boosting effect on the local economy is self-evident.
The employment it brings is self-evident, how can local governments make things difficult for us and bring us resistance if they don’t get what they want?”
Fang Hong browsed the contents of the document without looking up and said: "If you think so, you are still thinking too simply. This is a cake with a scale of 7 trillion, and every place in the country wants to get a piece of it, which means
There will be complex interest games here.”
After thinking about it, Fang Hong looked at the beautiful assistant and added: "Let's use an analogy. For example, now we have to bid and make a choice between A and B. B knows that he can't compete, but in order to get the bid, he goes to A privately.
The mischief there caused A to lose the election, which is also a loss for us, because it could have been better to invest in A. At this time, having such a Shangfang sword is different, do you understand?"
Hearing this, Tian Jiayi nodded as if he suddenly understood.
Finally, Fang Hong closed the document, lowered his head and thought for a while, then turned to the beautiful assistant and ordered: "Say hello to Chen Yu, Qin Feng and other relevant personnel, tell them about this matter, let them all know so quickly.
