Shortly after the market closed, A-shares surged today and directly entered the hot search lists on the Internet. They were either ranked first or in the top three hot search lists, which shows how hot the market is.
At 7 o'clock in the evening, the simulcast news took more than a minute to report on the surge in the A-share market.
Chinese people all know that there is a conventional phenomenon, that is, if there is a major event in the country or national life or internationally, the news will often make a key report at 7 o'clock in the evening.
The trading in the stock market today is so hot that many brokerage apps have even crashed. According to securities sources, since July, A-shares have experienced four consecutive positive rises in July, which has also caused
The number of account openings has shown a sharp surge.
Suddenly, the keyword "bull market" became one of the most popular search terms on the entire Internet, and everyone was showing off their profits.
Today, the absolute market value of the three major A-share trading markets has increased by 8.89 trillion yuan. Based on the current 160 million or so shareholders of Big A, this is equivalent to an average profit of 55,000 per capita. Today, no one has made that much, and it has not even outperformed the per capita number.
Among them, the absolute market value of the SGX market has a net increase of 5.49 trillion today, and the total market value of the SGX market has also soared to a new height of 82.93 trillion. The SGX 50 index hit its first base as early as July 1.
The annual line of the bald barefoot big Yang line that jumped high has turned from green to red.
This is the first time in the history of A-shares that there have been five consecutive positives in the year, and it has also set a new record for the number of consecutive positives in the year.
The NSE 50 Index reached a historic 7,000-point mark today. The annual line dropped by more than -22% in March and now has increased by 12.76%. It has risen from the lowest point of the year to a cumulative increase of 34.84%.
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Looking back now, the NSE 50 index dropped to more than 5,200 points in March, which was the bottom of a rare gold pit at a historical level. Those who bought the bottom were all happy at this moment, while those who sold at this position were
I regret it very much.
…
"I really didn't expect that today's A-share market could actually hit a transaction volume of 3.13 trillion. People in Qunxing's internal investment research and analysis department were shocked." At this time, Tian Jiayi was talking to Fang Hong about today's A-share market.
It was so hot that she was obviously surprised.
The whole day's trading volume hit 3.13 trillion, which is real money. Even the epic leverage bull in 2015 would be ashamed to see it.
At this time, Fang Hong was browsing the documents of the third phase of the Wealth Fund. When he heard the beautiful assistant’s words, he said without raising his head: “It’s the result of the harmony of the right time, the right place and the right people, but I must have bought a lot of leveraged funds today.
If it is not controlled, it will enter in large numbers later."
Having said this, Fang Hong pondered for a while, then turned to look at Tian Jiayi and said, "It doesn't matter how much money you bring, you can control the situation, but you must not use leveraged funds."
Having followed Fang Hong for so many years, Tian Jiayi immediately understood what he meant when he heard this, nodded immediately and said: "I understand what you mean, I will go to SGX tomorrow to say hello and strictly check the leveraged funds.
"
Fang Hong didn't say anything, but he nodded with satisfaction. This was what he meant.
At present, the SGX market has not yet adjusted the institutional T 1 and individual T 0 trading mechanisms. The daily turnover has reached a height of 1.57 trillion. It is absolutely impossible to risk entering the market without leverage funds.
Capital greed and human greed will inevitably drive the emergence of leveraged funds.
But this is not what Fang Hong can tolerate. Don't expect to become a patient fund if you are leveraged. Containing leveraged funds cannot be a once and for all thing, but a long-term problem. Regardless of whether you are greedy or not, you will attack whenever it shows up.
Today's SGX market cannot afford to lose anything. Among other things, the "resident savings relocation" has now advanced to the third phase. In addition, retail investors have entered the market through the SGX 50ETF. Stability must be paramount.
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The return on investment in the SGX market can already be described as amazing. If players on the market still want to use leverage, then what?
After a while, Fang Hong looked at the materials in his hand and said calmly: "It's time to use this leveraged fund to shock the market and make a rapid correction so that the third phase of funds can enter the market."
So far, the funds for the third phase of the Wealth Fund have not actually entered the market, and they have only completed the fundraising not long ago.
Fang Hong did not plan to enter the market before July. The initial plan was to let the NSE 50 index hit a record high before entering the market. Wealth funds are the real patient funds in the market, and they are not afraid to buy at 7,000 points.
However, direct admission will definitely further promote the continued unilateral surge in the stock market. In this period, a huge amount of funds of 3 trillion has been raised, of which 2 trillion is planned to enter the SGX market.
If we enter the market directly to chase the rise, the NSE 50 Index will definitely exceed the 8,000 point mark this month, which is not good.
It was just in time to remove the leverage, allowing the market to calm down a bit, and at the same time, it also helped the third phase of Wealth Fund to reverse the situation and pick up people.
The funds in the wealth fund are all raised from the hands of ordinary people, which is the so-called "resident savings and relocation". These funds are real patient funds, and they are not afraid of any redemption pressure at all.
Because people are queuing up to buy this financial product. It was originally designed for families and can only be purchased once. After redemption, it can no longer be bought and held again.
Ordinary financial products would not dare to play with such an agreement, but wealth funds do it because everyone knows that although this thing does not promise guaranteed returns, in fact it can make money steadily.
Obviously, such an agreement is designed to prevent holders from redeeming their funds for a lifetime. Naturally, there will be no pressure to redeem, and the funds entering the market from wealth funds will become the most patient funds.
Ordinary people hold this financial product for their whole life without selling it. It seems that no matter how much money they make, they can only watch it but not use it.
In fact, this is not the case, because some banking institutions provide profit front-loading tools, allowing holders to front-load profits and spend them without redeeming them for cash.
To put it bluntly, this financial management asset is used as the core underlying asset, which can be used as collateral for cash out.
Banks also buy it because it is a very high-quality asset.
For example, a holder is in urgent need of 200,000 yuan in cash. He has no cash in hand, but he holds a wealth management product with a market value of more than 1 million yuan. Then he can take part of it and mortgage it with a bank, such as
Part of the floating profit was used as collateral to indirectly cash out 200,000 yuan.
In this case, if you have 200,000 in cash, the share of the wealth fund held in your hand will remain unchanged, but you will have to pay an extra amount of interest to the bank. But as long as the value of the mortgaged assets exceeds the value paid to the bank,
interest cost, then there is no problem.
Since the first phase of fund raising was launched shortly after the establishment of the wealth fund, this method has been popularized among the holders, thus making the bank, the holders, and the wealth fund all satisfied and getting what they need.
When the bank earns interest, it gets a share of it. If the holder does not redeem it, he or she can front-load the funds for consumption, so that no matter how much he earns, he can only watch and cannot spend it. Wealth funds do not need to face the pressure of redemption.
