The people present did not know about Qunxing Group's off-site OTC game. This matter was handled by another group of people. The information was not shared with them. The only people who knew about it were the core members of Qunxing Group. And these people present were
Don't know.
Everyone will not understand it for a while, so don’t think too much and just strictly follow the big BOSS’s instructions.
It is necessary for stabilization funds to strongly protect the market, and the acting must be performed with all one's strength.
Wearing the capital vest of going north, they pretended to be foreign investors and smashed the market, allowing their opponents to see that "their own people" were also exerting force. They learned that foreign capital was fleeing in large numbers and concluded that short positions had formed a joint force, which further strengthened their efforts to smash the market.
Motivation, no more worries.
Today, Fang Hong’s plan is to create a big negative line on the NSE 50 Index, causing the index to fall quickly. This will also bring another effect, reducing the risk of accidentally injuring some retail investors.
Yes, this can prevent retail investors from getting hurt accidentally, because the sudden drop is too fast, too hard, too violent, and retail investors are reluctant to cut their flesh, and they don't even rule out the possibility of covering their positions against the trend.
As the market opened at 9 o'clock, the New Securities 50 Index opened lower and moved lower, emerging from the bald gloom.
Although there was a rebound during the session, it failed to rebound above the opening price and was beaten down. The power of short sellers was obviously stronger than that of bull sellers. There was a large net outflow of foreign capital, and it was heading towards a net outflow of more than 100 billion in the whole day.
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The billions of investors in Big A were all confused and called for a stock market crash. This sudden collapse of the market left everyone dumbfounded.
More than 2,100 stocks in the SGX market are in the green, and only a few dozen stocks are rising in the red market, and they are also experiencing violent fluctuations. The number of individual stocks has exceeded the limit of more than 200. The current limit of the SGX market is 20 points.
There were three huge negative lines in three days, and three huge downward jumps were made. Yesterday's bargain hunting funds were completely lost.
Major communication groups and stock forums are crying out loud.
Some retail investors who were able to buy individual stocks on the SGX and held individual stocks were unfortunately hit by three lower limits, and their losses were cut in half, because one lower limit would result in a loss of 20 points, and three lower limits would result in a loss of 48.8 points, which is basically the same as
Cutting it in half makes no difference.
The ones that are being killed so hard are mainly small and medium-cap stocks.
Large stocks will not fall to the limit for three consecutive days. Trillion-level ultra-large-cap stocks such as Jiuzhou Blue Arrow and Yixing Video will not plummet like this. Stabilization funds are mainly protecting these large stocks. This is the new trading
The core assets of the market cannot fall below even if they plummet.
But in relative terms, after three trading days of plummeting, these super large-cap stocks generally fell to 25 percentage points, and some were close to 30 percentage points.
As of the close, the SGX 50 Index broke out of the negative line and plummeted 6.58% to close at 9631.52 points. The SGX market's full-day turnover was 1,705.3 billion, a shrinkage of about 200 billion compared with yesterday.
Obviously no one dares to buy the bottom when the volume shrinks. This kind of unilateral decline is too scary.
After today's close, the NSE 50 Index fell from its historical high, with a cumulative decline of 20.12%. It has once again entered the so-called technical bear market. The last time the market index fell by more than 20 percentage points was last year when the black swan hit the global market.
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But the current market explosion makes everyone feel that it is obviously more terrifying than last March.
After all, during the crash in March last year, the trading mechanism was still T3 for institutions and T1 for individual retail investors, and the price limit was limited to 10 percentage points, but now the price limit is 20 percentage points.
If you hold a stock and it hits the limit, it's like you were hit by the sky in the past, but now you're hit by the sky and you'll lose more than 33 points.
…
In the past few days, Big A's stockholders have suffered huge losses, and their stock accounts are full of green.
Fang Hong's Weibo was also flooded by stock investors at this moment. The latest message called K God for quick help, the new certificate is in danger of 50%!!
However, at this juncture, Fang Hong cannot speak out publicly, and he will not speak out. He can only silently pray that investors can resist it. The dawn of dawn is coming after the holiday. If you resist this wave, you will be able to eat.
Those who eat are the seats of the short-term forces.
Everyone inside and outside the stadium was crying miserably.
A female stock investor posted on her WeChat Moments that she had lost so much in the past three days that she wanted to make a comeback, while the male stock investor said that she had already suffered a huge loss and could not afford to spend money.
This atmosphere is ridiculous.
After the market closed today, everyone was even more panicked.
Because Ah Mei is launching a crazy offensive in the public opinion field, the rhythm band is flying, and the big goose pill is beginning to be exaggerated. Whether it is on the internal or external network, Amelia is firing up the propaganda machine at full capacity. People who don’t know it still think that
Big goose pill.
However, Fang Hong did not make a strong counterattack in the field of public opinion. He only made some symbolic reactions to confuse his opponents by giving the illusion of being passive and at a disadvantage.
At this time, countless eldest nephews and well-known celebrities have jumped out to work.
But in Fang Hong's opinion, it's not all bad. Every one of these things that pop up counts as one, and they are marked as soon as they pop up.
This time, many of these things hidden in the dark popped up for the first time. It can be seen that Ah Mei really spent a lot of money in order to master this combination of punches this time.
It's pretty good. It's hard to find unless it jumps out and hides in a dark place. Now it's a self-destructing truck that jumps out. Every one of them will be marked. When the time comes, they will show up in seconds.
Market sentiment is pessimistic as opponents' propaganda machines continue to launch offensives.
As for those financial rentiers, the champagne had been flowing for several rounds at this time. When they saw that the OTC trading and the opponent's margin were paid in time, they became happy and decided to completely blow up the opponent's transaction after the holiday.
Harvest.
Even the current situation has greatly increased the confidence of Amnesia Capital Group, feeling that this time it will finally win big.
The next day, Tuesday, April 27, when the market opened in the morning, the New Securities 50 Index opened at a low of -2.27% at 9412.62 points, once again creating a large downward gap, further expanding the new low for the year.
When the SGX market opened at 9 o'clock, the SGX 50 index had no takeover and plunged like a cliff, all the way down.
Seeing the trend of the market index, the billions of investors in Big A no longer dare to open their accounts.
Previously, it was thought that there was support at the 10,000-point mark. Many people were buying bargains at this position, but they were buried. The next day, it directly broke through this round-digit mark. After that, it attracted a second batch of bargain-hunting players, and it fell below 10,000 points.
, how can we say that there is also a technical oversold rebound?
But I never expected to be bored again. When the Singapore Securities 50 Index plummeted last trading day, another group of players came to buy the bottom, betting on the good news after the market.
As a result, it was a negative thing to go all out after the market opened. As soon as the market opened today, all the bargain hunters were buried, and new lows were reached again.
At this moment, Fang Hong was in a large trading room at the headquarters of Qunxing Group. After a while, Tian Jiayi came to him and whispered: "For over-the-counter OTC trading, the margin has been added."
After saying that, she left.
Fang Hong turned to his opponent's trading team and said: "According to the pre-market plan, those responsible for smashing the market will hit it hard, and those responsible for taking over will receive it vigorously."
As a well-known brand, stabilization funds must play a long role at this juncture.
The unidentified funds turned into frenzied selling by short forces, causing opponents to feel that the market was panicking and boiling. Funds from all walks of life were fleeing crazily, forming an irrational stampede, including funds wearing the vest of "foreign capital heading north".
The market was smashed crazily, and the data on the market showed that foreign capital was fleeing at all costs.
By doing this, Fang Hong was obviously trying to cheer up his opponents, make them excited, and firmly believed that this was a sure win. The SGX market, which had been strong for five years, was finally destroyed by them.
Many operators and traders present still do not understand the behavior of Big Boss, but this does not prevent them from strictly implementing Fang Hong's decision-making, and I believe that he must have a reason.
They didn't think much about it. The gods above were doing it. They just had to do the things within their responsibilities honestly. All that was left was to sit on the bench and watch the show.
Around 10:12, major market software pushed messages:
[The NSE 50 Index's decline expanded to -6.56%, falling below the 9,000-point mark.]
Seeing such a trend, whether it is the overseas Siaang Capital Group or the group of financial rentiers who cooperate with it, they are ecstatic, carnivaling, and popping champagne, especially OTC transactions, and the major market prices are floating.
The profit scale exploded, the opponent's market suffered huge losses, and there were even liquidation and loss of positions.
While Fang Hong continued to add margin to the funds he was betting against, he also arranged for some positions to be liquidated and liquidated, or even liquidated. All of this was done to prevent his opponents from noticing abnormalities.
If the market has fallen like this, if none of the bullish opponents has a liquidated position and they are still adding margin calls, it will definitely arouse their vigilance.