On Thursday, February 8, the three major stock indexes in the A-share market fell across the board again.
The NSE 50 Index fell below the 3,400-point mark and closed down -1.00% at 3,386.80 points; the Shanghai Stock Exchange Index closed down -1.43% at 3,262.05 points.
In the early hours of the night, it was daytime at Bei Magnesium. At this time, an American congressman publicly announced that Qunxing Capital and its many subsidiaries had posed a serious security threat to Bei Magnesium, and proposed that Qunxing
Capital has severely blocked it, including removing it from the SWIFT settlement system and so on.
Mainstream media in the West have also followed up with overwhelming reports, leading public opinion on how Star Capital has posed any security threat to America.
First there were rumors, and then there were the congressmen's actions today, which seemed to tell everyone in the world that America was serious about it.
After the news spread to the country, it became the headlines of major media outlets at dawn on Friday, February 9th. At this time, all kinds of monsters and monsters who could not deal with the stars were inexplicably excited and went out to spread the news about the stars.
The negative remarks about the collapse are trying to create a phenomenon where everyone will push down the wall.
The country has not been idle in this matter. It is just a game of tricks and tricks. If Lao Mei wants to play, just play with him slowly.
The parties involved were not in a hurry, but the observers were. Many outsiders were worried about Qunxing. Many people felt that Mr. Magnesium was going to take serious action against Qunxing. In addition, under the influence of many comments, some people were very worried about this.
This incident will set off a chain reaction, and the panic index in the capital market will also surge significantly.
But when Fang Hong, the person involved, saw the news, he knew that his judgment was correct. Lao Mei's operation seemed to be increasing in intensity step by step, but in fact it was just tactical intimidation and constant testing.
This behavior is even more opportunistic.
If Lao Mei wanted to be serious, he would never be so stubborn. It seems that he is increasing his intensity step by step, but in fact he is leaving himself a way out and a step to fall.
Fang Hong's Weibo is now bombarded with private messages, messages, and comments from thousands of netizens. But at this moment, he is not on Weibo at all. Of course, he knows that his Weibo must be very busy at the moment.
.
The outside world also wants and is waiting for him to come out and respond to this matter.
However, he won't come out and say anything, because he has nothing to say. It is obviously impossible to say soft words, but he can't say arrogantly, old magnesium, if you have the ability, you will come. If you don't come, you will be your grandson.
You can't say that, exporting it so harshly in front of the whole world, Lao Mei will not be able to step down when the time comes, and he might just bite the bullet and cause trouble that could have been avoided.
Now it's time to play a coward's game.
Fang Hong is convinced that Lao Mei is that coward. He doesn't deliberately provoke him or ignores him. If he really openly criticizes his face, Lao Mei will find an excuse to punish you. Then he may become a famous master.
This way you become passive.
Ignore it, ignore it, and just watch Lao Mei's performance quietly without talking about it. Lao Mei will act awkwardly for a while and then end it hastily.
If Lao Mei really becomes reckless, then it will become Fang Hong's reputation as a teacher, and it is very important to have a reputation as a teacher.
If Lao Mei is a coward and will find a way to go down by himself after yelling for a while, then that will be the end of it.
Fang Hong knew very well what he should do now and what he shouldn't do.
The most important thing now is not to talk nonsense online. There will be people at the national WJB who will fight with each other and pick tricks. Fang Hong's main task now is to hold the SGX. This is the correct way to open up.
…
Affected by panic, investors from all walks of life in the outside world plummeted across the three major A-share trading markets today and opened sharply lower. The Shanghai Composite Index once plummeted by more than 6 percentage points during the session, falling to 3,062 points.
The NSE 50 Index also plummeted to 5.32% at around 10:50, reaching as low as 3206.76 points. Not only was the 3300 point broken down, but the 3200 point was also in danger.
It has plummeted from its all-time high and has now fallen by 11.5%. The SGX market has also lost 5 trillion yuan in market value in a short period of time, which is equivalent to the loss of two of the world's first banks.
Moreover, the H-share market has also plummeted in the past few days, and today it fell below the 30,000-point integer mark. In just a few days, it fell from 33,484 to 29,000 points now. This integer-digit mark is also in danger, directly affecting the Hang Seng Index.
The annual line fell below the green line.
It can be seen that this news has also calmed down many global capitals, and they are not as sure and calm as Fang Hong.
Overseas professional investment institutions also know the correlation between the SGX market and Qunxing. If Qunxing Capital is really kicked out of the SWIFT settlement system, not only will the investment value of the SGX market have to be re-evaluated, but even this "
It is unpredictable what kind of chain reactions a "black swan" will bring.
"The stabilization fund and the second phase of the wealth fund are ready to be sold. Just execute according to the plan." Fang Hong stared at the trend of the NSE 50 Index and at the same time commanded his subordinates remotely from home.
The trading team has been on standby for a long time. After receiving the instructions from the big BOSS, they will immediately execute them as planned.
First of all, the funds raised from the second phase of the wealth fund came into the market, and 26.5 billion was bought in one minute. This was all real off-market incremental funds, causing the NSE 50 index to drop to 3206 points and then it could no longer fall.
And then it started to rebound.
Today’s plan for the second phase of the capital market is to bring in 80 billion in liquidity from the sidelines.
At around 14:20 in the afternoon, a piece of heavy news encouraged investors from all walks of life in the market. It was reported that the SGX Trillion Stabilization Fund is expected to enter the market in the first quarter with a capital of 300 billion.
This is almost equivalent to launching an open market operation, telling you that I will spend so much money to enter the market next, and I will definitely spend so much money to enter the market.
As soon as the news came out, investor confidence in the SGX market was greatly boosted. This was the second operation of the SGX stabilization fund since its birth. Many people remember that the last time the stabilization fund was launched, it was also during a sharp decline.
, was also the moment when the panic index exploded, but then it continued to bullish and broke through the previous high.
Now we are taking action again. Although the event drivers are different, the effect is the same. It is obvious that Stabilization Fund has identified the bottom of SGX 3200 points, and it is at most bearish on this position. Otherwise, Stabilization Fund will use real money to support the market and prevent further decline.
Buoyed by this news, in the last half hour of late trading, the New Securities 50 Index continued to rebound upward, and even the Shanghai Stock Exchange Index next door was pulled up and began to narrow its losses.
Many investors saw the stabilization fund taking action and overcame their fear to boldly buy at the bottom.
As of the close, the NSE 50 Index's decline narrowed to -2.96%, to 3286.48 points; the Shanghai Composite Index closed down -4.05%, to 3129.85 points; the Shenzhen Component Index closed down -3.58%, to 10001.23 points.
The investors in the SGX market praised it again. When it rises, it is stronger than the next door, and when it falls, it is more resilient than the next door. This is how the gap continues to widen bit by bit. Many people are also discussing the balance.
Funds, stock forum comment areas and communication groups are full of heated discussions.
[Today’s stabilization fund was a proper ‘savior’. If it had not been for the critical moment, today’s panic would have trampled the market, and the New Securities 50 Index was designated to break through 3200 points.]
[The SGX market does have two tools to respond to emergencies.]
[Such a panic situation was actually stabilized today, and repairs began directly at the end of the session. The confidence is visible to the naked eye.]
[After all, there is a hot man standing behind him. Yes, he is talking about God K. I don’t believe that God K is not playing a role in today’s situation.]
[People are not in the world, but the legend of a hot man is spreading in the world...(Shiba Inu.jpg)]
[Look at the next door and study hard, but the stabilization fund is still not paid out? You won’t copy the ready-made homework?]
[Forget it, the biggest problem next door cannot be solved by any stabilization fund at all. If it is a stabilization fund, it will be lonely. You may not know where the money will go.]
[Hahaha, it’s so hard...]
[The problems next door are well known, such as the transfer of restricted shares, fraudulent listings, insider trading, illegal low-cost, short-selling mechanisms, etc. We know, they know, and they also know that we know that they know, but they refuse to change it.
Hard-coated ostrich... That's a lot of fun. Anyway, I won't go next door to play now. Isn't the SGX New Certificate 50 ETF or something delicious?]
[I haven’t looked at the market index next door for a long time. Now I only look at the NSE 50 index.]
