The stabilization fund's re-initiation quickly calmed down the originally panic-filled market sentiment, and the market confidence was regained the same day it was lost.
New news coming out during the weekend once again boosted market confidence. The SGX Trillion Stabilization Fund announced its purchases of six major SGX 50 ETFs on Friday, with net purchases exceeding NT$67 billion that day.
In addition, the wealth fund also announced that the net purchase volume of the second phase of the fund market yesterday exceeded 82.2 billion.
Investors have not forgotten that Fang Hongfa said on Weibo last year that half of the two trillion funds raised in the second phase of the fund will participate in the "7 trillion integrated storage and computing data center" super project, and the other half will enter the new
In the secondary market of the stock exchange, this is also an incremental fund of one trillion.
The second phase of the wealth fund has also been launched, which is a real increase in over-the-counter liquidity.
After the weekend weekend, the stock market opened on Monday, February 12. The SGX 50 index shrank by 0.75% to 3311.09 points, returning to the 3300-point mark. The turnover of the SGX market shrank to 443.8 billion.
Obviously, no one is betting on the market at this position, and even some trapped funds cannot be held on now.
In the next four trading days this week, the SGX market continued to shrink and rise.
After the Spring Festival, the market opened on the first trading day after the holiday on Thursday, February 22. The NSE 50 Index further shrank by 347 billion, but it rose sharply by 2.07% that day, reaching the 3400 point mark, and closed at 3436.94 points.
The next day, the SGX 50 index broke out of its five consecutive positive days and closed in the red again, up 0.83%, to 3465.55 points. On the last trading day of this week, the SGX market volume reached 477.3 billion.
On Monday, February 26, the NSE 50 Index recovered from its six consecutive positive days after a sharp decline and regained the 3,500-point integer mark. Today it closed up 1.40% again at 3,514.15 points. The trading volume also increased to a huge 626.5 billion, which was obvious.
.
The increase in volume is also expected. After all, in just six trading days, it has rebounded from the previous low of 3206.76 points. The New Securities 50 Index has achieved a cumulative increase of 9.58%. There is a demand for cashing out the profits accumulated by short-term funds that have successfully hunted the bottom.
The trapped funds also have a need to unwind. In addition, they have reached the previous high pressure level. These factors have caused a lot of funds to start changing hands, and the trading volume will naturally increase.
However, the SGX 50 index once again regained the 3,500-point mark, which also attracted countless investors to worship it and praised the SGX market with all kinds of praise.
Market participants generally expected that no matter how strong the NSE 50 index was, it would take less than half a month to get back above 3,500 points, and maybe a month at a later time. As a result, it took just over one day a week to reach back above 3,500 points.
A recent K combination of deep V and island reversal has emerged.
Of course, while blowing up the NSE 50 Index, the good-hearted investors also did not forget to diss next door. Although the Shanghai Stock Exchange Index also rebounded for six consecutive positive days in the same period, its intensity was far less than that of the NSE 50 Index.
Now the two major indexes are reversed. The NSE 50 Index stands at 3514 points, while the SSE Index is at 3329 points. The difference between the two is nearly 200 points. When it rises, the NSE 50 Index is stronger than the SSE Index. When it falls, the NSE 50 Index is stronger than the SSE Index.
At times, it is more resilient than the Shanghai Stock Index.
…
Jingxinju Villa, in the trading room on the second floor.
It has been more than two hours since the market closed, and Fang Hongzheng was alone in this room. He looked at a screen in front of him, and what was displayed on it was the Bitcoin trend chart.
Its K-line graph shows that on December 18, 2017, the highest price of Bitcoin reached $21,993.56, which is also the highest price in history so far.
Starting from mid-to-late December last year, the bull market of Bitcoin peaked at US$21,993 and began to collapse. By the 5th of this month, it fell to US$7,000, a drop of more than -65%. However, today it has returned to US$10,000.
superior.
Last year was undoubtedly another record-breaking super market for Bitcoin, and its nominal market value once reached an astonishing height of 460 billion US dollars.
The strong trend of Bitcoin is the result of the resonance of many points. In June last year, CZ founded an exchange, and then moved the team from the mainland to Dongjing, a small town, because the country began to announce ICOs (initial coin offerings).
for illegal activities.
In September of the same year, the Tron wallet was born, and in October Cardano was born. The market was booming, and by December 18, the price of Bitcoin was close to US$22,000.
The main funding driver of this round of super market actually comes from the Greater China market. Bitcoin has become a new way to transfer assets in the mainland, especially some illegal assets, and the scale is scary.
For example, there are some people who wantonly amass tens of billions of funds through "non-absorbing" Ponzi methods, use the money to buy Bitcoins and then transfer them out. This kind of scale is not just one or two, but hundreds of millions.
Billions of billions and more.
Fang Hongyin was behind the scenes for this wave of super market. He had already started to make plans before the market started, that is, to let the gang of insiders, enrich people, and colonize people's gray income to be driven into Bitcoin.
After a while, Tian Jiayi walked into the room and put a piece of information on the table in front of him: "The latest information on Sigma Fund you requested has been sent over. Sigma Fund is currently very famous in the West."
The fund was founded by German-born Sigmar Baselitz, and the fund is named "Sigma" after him. It has been established less than two years ago.
But the outside world would never have dreamed that this rising star in Western financial circles was actually a puppet, and the real master behind it was Fang Hong and Qunxing Capital.
It took less than two years for the Sigma Fund to grow and now manage more than US$150 billion in assets. Sigma Baselitz's fame was clearly created in the cryptocurrency market last year.
When the price of Bitcoin exceeded US$5,000 at the end of August 2017, Sigma chose to open a long position and directly leveraged leveraged funds to invest US$7 billion in it. As a result, just after completing the position, the price of Bitcoin plummeted. In just half a month,
After falling below US$3,000, the investment of Sigma Fund once suffered a loss of -40%. At that time, investors of Sigma Fund were furious.
Because Sigma Baselitz directly locked up the Sigma fund in accordance with the terms of the agreement and prohibited investors from redeeming it. When Bitcoin dropped by 3,000 US dollars, not only did it stop losing money, but it used leverage to further increase its position by 5 billion US dollars. At that time,
The investors wanted to kill him.
As a result, after mid-September, the price of Bitcoin continued to rise, and a month later it turned a profit. However, investors were still very angry. Some people wanted him to stop profiting and withdraw, but he refused.
In mid-November of the same year, Bitcoin was soaring, reaching US$8,000, US$10,000, US$15,000, and US$20,000 until it was close to US$22,000.
During this process, the investors of Sigma Fund went from angry to stunned to surprised, and finally they were so happy that they changed their attitude and began to apologize to Sigma Baselitz frantically, and sent all kinds of praises and compliments.
The words, one after another, said that it was an extremely wise decision for Sigma to withstand the pressure and lock the fund.
Sigma Baselitz closed his position when the price of Bitcoin reached around US$21,000, and then opened a short position of tens of billions of US dollars. In the following more than a month, Bitcoin plummeted and was cut in half, and the Sigma Fund made another wave of blood profits.
This investment enabled Sigma Fund to earn US$50 billion in about half a year. In addition, Sigma Baselitz also achieved amazing results in the Northern Magnesium stock market, crude oil futures market and foreign exchange market, bringing investors
Incredible returns.
It also caused the asset size of Sigma Fund to soar from 13 billion US dollars to 100 billion US dollars in a short period of time. It has now reached 150 billion US dollars because it accepted a new batch of asset investment management entrustment plans, and investors have squeezed their heads.
Entrust Sigma Fund for asset management.
Sigmar Baselitz has also become a new top operator who is very popular on Wall Street today.
This is part of Fang Hong's plan, to create a god!
