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Chapter 259 [Tyre Protection Case]

Chapter 259 [Tire Special Warranty Case]

But he talks about market conditions.

It was already around 14:00 in the afternoon, and the Shanghai Stock Exchange Index had fallen below the 3,200-point integer mark, with an intraday drop of more than 3 percentage points, and there was no sign of stopping the decline.

Fang Hong scanned the market, and all his main funds were locked up for reverse repurchase. Now he only has about 100 million in funds to occasionally participate in the market.

And the 100 million funds were transferred to his personal securities account. Of course, transferring money from the institutional account is equivalent to transferring it from the company name to personal assets, which requires deducting the corresponding taxes and fees before returning it to the personal account name.

Down.

Fang Hong will not do anything illegal in the area of ​​taxation, and he will pay everything he is due without stealing or omitting.

At around 14:04, a stock suddenly hit the daily limit at this time, which was quite eye-catching in today's generally falling market conditions.

However, just when Fang Hong entered the time-sharing market for the stock, the price hit the daily limit of 8.67 yuan and within a minute it plummeted.

"Double-money shares?"

Fang Hong kept mumbling to himself that the Shenwan Industry to which this listed company belongs is basic chemical raw materials.

In fact, it was a tire manufacturer. Seeing the name of this stock, Fang Hong quickly retrieved relevant memory information from his previous life. The company would later be renamed Huayi Group.

The current market value is about 5.5 billion.

"Double-money shares, double-money shares..." Fang Hong looked at the time-sharing price line of the falling stock price, but he didn't care about the time-sharing trend. Instead, he was chanting the name of the company, and his brain was constantly recalling and retrieving relevant memories.

Information, he had the impression that a relatively important event had occurred at this time.

After five or six minutes, Fang Hong couldn't help but be stunned.

I remembered.

"Tire special warranty case..." Fang Hong immediately opened the search engine to retrieve information related to it. After looking at it for a while, he nodded and said to himself: "Sure enough, I remember correctly, it is this incident..."

Just on April 20 this year, the North American Steelworkers Union applied to its International Trade Commission to implement "special safeguard measures" investigation procedures on tires produced in Greater China, that is, to impose de facto quota restrictions on tires exported to the United States from Greater China, requesting that the annual

Imports were reduced from 46 million items to 25 million items per year.

When thinking of this so-called "special protection case", Fang Hong quickly recalled more memory information related to it.

If nothing goes wrong, in early September this year, North America's Obama administration will announce real-time punitive tariffs on all car and light truck tires imported from Greater China on September 11.

This is the first special protection case investigation since he took office, and it was announced to take effect on September 26.

The sanctions it approved for the special safeguard case, the proportion of additional tariffs for three years are 35%, 30% and 25% respectively. Although this tariff is lower than the high tariff rate recommended by the North American International Trade Commission, it is still higher than the domestic limit.

The consensus estimate is around 15%.

In the past two years, about 40% of the domestically produced tires were exported, one-third of which were exported to the North American market, with an export value of nearly 2.2 billion US dollars, accounting for 17% of the North American market consumption. This case not only encountered domestic opposition, but also North America

Companies there are also widely opposed.

Because the cost has increased.

Fang Hong remembers that after the de facto punitive tariffs were announced on Friday, September 11, as soon as the news was announced, global natural rubber prices fluctuated violently that day. By September 14, the natural rubber contract of the SH Futures Exchange was locked in numerous selling orders when it opened.

The price of natural rubber in the world's three major natural rubber pricing centers also fell sharply.

Fang Hong still remembers that on September 14, the tire stocks in the two cities failed to escape the clarification of the "special protection case", and the stock prices fell together. Among them, the leading stock Dual Money Stock fell to the limit and firmly sealed the limit, and S Jiatong also fell.

As soon as it hit the limit, other stocks generally fell by more than 6 percentage points.

But it’s August 12th, so it’s still early.

Fang Hong put away these thoughts and conveniently added Dual Money Stock to his discretionary list. At this moment, the stock fell back to about 7 percentage points.

After looking at the market for a while, I decisively started to place buying orders, but they were all small orders of hundreds of thousands. Once an order was completed, I continued to buy, and occasionally placed a buy order of about one million yuan.

The trading volume of this ticket yesterday was just over 30 million, and today’s volume is only about 120 million, which is the highest level.

Fang Hong planned to buy a few million today to get a head start, and then use it to hit the market tomorrow to quickly push the stock price down to the limit and perform an intraday washout, in order to buy more chips.

It is a matter of high probability that the double-money shares will go bad in the market outlook. There is no market trend when combined with the broader market, and the market lacks hot spots. However, this "special protection case" has become a new hot spot, allowing the double-money shares to be discovered by the market.

The down-to-earth way to say it is: Hey, I didn’t expect you, the sixth person with big eyebrows and big eyes, to be so powerful? Let the people over there in the United States clamor for sanctions. There is something, although not much, and the family (jiu) people (cai)

They gave me the price limit. Buying double-money stocks means supporting domestic products. It will rise all the way to the limit and keep rising.

Anyway, the period before September 11th is the window period for capital market speculation.

After the market closed, the only stock Fang Hong entered was Double Money Shares.

[Position target: Double Money Shares (600623)]

[Number of shares held: 8875 lots]

[Average transaction price: 8.45 yuan]

[Current market price: 8.38 yuan]

[Market value of position: 7.4372 million yuan]

[Floating profit and loss: -62,800 yuan (-0.83%)]

[Account assets: 100 million yuan]

I bought more than 7 million of these tickets piecemeal, and I will use them to smash the market tomorrow. The market will start soon, and I can only buy money by smashing the market. The market is so cruel.

If it is to raise funds to raise funds, Fang Hong actually doesn't mind raising funds. It doesn't matter if he makes a profit of 10.8%, but he also knows very well that if it is really stupid to raise funds, the holders will be reluctant to raise money and not sell. Anyway, there are

Profit cushion protection, why not take more and maybe earn more?

This is human nature.

Du Xichi is holding on to it, so why should we still take the bargaining chip of the hammer? Is it just to help everyone carry the sedan and take over from a high position?

Therefore, only by smashing the market and causing holders to flee in panic can the chips be loosened on a large scale.

If you can withstand the dishwashing, then you are considered a good person and you should be able to make money.

However, today’s index closing situation shows that the Shanghai Composite Index plummeted -4.66% to 3112.72 points, with a trading volume of 157.5 billion; the Shenzhen Component Index plummeted -4.15%, to 12591.66 points, with a trading volume of 79.9 billion. The two cities’ combined trading volume was 237.4 billion yuan, and the market was heavy.

fell.

Compared with yesterday's obvious heavy volume drop, it can be seen that many people began to shed tears and cut off their positions and left the market.

Fang Hong was about to leave the trading room, when Tian Jiayi suddenly stood at the door and knocked, but the door was not closed.

Seeing Fang Hong looking over, she walked in slowly.

I glanced at the beautiful assistant who was wearing a very formal work attire. It was relatively conservative, but the only difference between being conservative and sexy was a pair of black stockings. If paired with black stockings, it would instantly become a uniform temptation.

"Get off work so early today?" Fang Hong said with a smile. He saw a document in Tian Jiayi's hand. There must be something more important to report. However, just when the beautiful assistant was preparing to report on the work, Fang Hong suddenly said first:

"By the way, don't buy Dongfang Yuhong's ticket yet."

This ticket also fell sharply -4.7% today, and the stock price has reached more than 23 yuan.

Tian Jiayi couldn't help but look at him doubtfully: "Why didn't you buy it?"

Fang Hong typed a string of trading codes on the keyboard, and the K-line chart of Dual Money Shares was displayed on the screen. Fang Hong turned back and glanced at his assistant and smiled: "Tomorrow, you can buy all 1 million at the lower limit price as soon as the market opens.

"

Hearing this, Tian Jiayi glanced at the K-line chart on the screen and couldn't help but wonder: "Will it drop to the limit tomorrow?"

It is worth mentioning that Qunxing Capital is currently not involved in the public fund industry and does not have a brokerage license, so it is not illegal to let Tian Jiayi follow the car. Even if it is doing private equity, it does not do it in the secondary market, but in the primary market.

Trading is more about adding leverage.

To take a step back, even if it is really violated, it is not a big deal, not to mention that Fang Hong never dares to do anything that violates the rules. He can make a lot of money legally and compliantly, so there is no need to do those thankless things.

"It has to hit the limit, otherwise I will hit it to the limit." Fang Hong's smile remained unchanged, and he immediately pretended to be calm and added: "How about it? The boss will wash the dishes for you personally and then he will carry the sedan chair for you later. How do you plan to repay the boss?

?”

After saying that, Fang Hong immediately leaned back on his chair and looked at him with a smile.

Tian Jiayi was also slightly stunned, and looked at Fang Hong. After a while, she turned her head and looked away embarrassedly, and said weakly: "What do you want...?"

At this time, the beautiful assistant's heart beat faster and she thought to herself: [What should I do? Is he finally going to take action? Should he refuse or let nature take its course?]

Fang Hong suddenly said seriously: "Oh... I understand what you mean. As long as I want it, you are willing to give it to me, right?"

Tian Jiayi was slightly stunned: "Huh——?"

Fang Hong said with a smile: "I owe it to you now. When the boss wants it, you can come over and cash it in."

After saying this, Fang Hong got up from the chair and took the document from his hand. He then opened the document and looked at it while walking towards the lazy sofa in the trading room, without giving the beautiful assistant a chance to speak.

Tian Jiayi had no choice but to follow him silently.

Mainly because Evelei secretly told him that there was a surprise before, so she had to reserve enough energy to severely treat the maid girl who was getting more and more excited recently, otherwise she would really want to find a beautiful assistant to make a new deal.

Today I am an assistant, tomorrow I am a sister, and the day after tomorrow I am a baby.



(End of chapter)


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