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Chapter 517 [Revelation from insiders]

Chapter 517 [Revelation from insiders]

Author: Zhaolingsiyu

Chapter 517 [Revelation from insiders]

Fang Hong officially finalized the backdoor listing of Yixing Video and turned to another matter.

"Oh, by the way, it's time to give Merrill Lynch the surprise that I've been waiting for for months." Fang Hong looked at the beautiful assistant and smiled: "Prepare a business investment report on the encrypted digital currency market, and the content can boast about the future prospects of cryptocurrency.

, and then told Merrill Lynch that we used their money to buy more than 4 million Bitcoins. Well, the cost price is about 1,000 US dollars. The materials will be sorted out and sent to Merrill Lynch in a few days."

Tian Jiayi also nodded simply and said: "I will prepare for this matter tomorrow."

As the first Wall Street capital institution to entrust an asset management plan to QunXing Capital, Merrill Lynch was also the first overseas LP of QunXing Capital. It took a huge amount of US$8 billion in funds. QunXing took more than half of the funds to buy Bitcoin.

, the price is around US$1,000.

The price trend of Bitcoin: Yesterday's closing price was US$759.36, which is a cumulative decline of -28.36% compared to the historical high price of US$1,059.96. The holding cost of Merrill Lynch's millions of Bitcoins is around US$1,030.

The book floating loss is about -26 percentage points.

In the past few months, the price trend of Bitcoin has formed a K-line pattern of a high-level convergence triangle, and the end line of the convergence channel fell below it, marking the fourth consecutive breakout.

However, there was no flash crash-like plunge. The lowest point after breaking the level was as low as 692.23 US dollars. In the past two days, it has stopped falling and rebounded to 759.36 US dollars.

The current price trend of Bitcoin, to put it bluntly, is highly controlled by Fang Hong. If he wants it to fall, it will fall. If he wants it to rise, it will rise. If he wants it to rise, it will follow any K-line pattern.

The price of Bitcoin hangs high above $700. The mining boom in the past month has also remained high, and the number of miners has begun to increase.

Many people didn't believe it before, but after making money, they had to believe it. Everyone discovered that Bitcoin can really make money. The mined Bitcoins can really be cashed out when thrown into the trading platform, and the price fluctuates in real time. Each one can cost several hundred dollars.

According to the current market price, one is close to 5,000 yuan.

As long as you dig one out and sell it, it can be worth more than a month's salary of an ordinary low-level worker, and the current mining cost is extremely low compared to the current price.

Some mine bosses also cannot understand why this virtual currency is so valuable.

But it doesn’t matter, if you can make money and realize it, then do it.

Just do it and it's done.



Monday, August 29th.

Today's A-share market opened low and moved low. The index fell -1.37% that day, closing at 2576.41 points, once again falling below the 2600-point mark. The rebound in August came to an end today.

In the next more than a month, the A-share market continued to decline, continuing to decline amid shocks.

It is worth mentioning that one of the targets of the Shenzhen Stock Exchange's main board, namely Tianzhou Online, a stock in the media sector, suddenly pulled up in a straight line around 14:42 in the late trading. In just one minute, the stock price rose straight up from 9.27 yuan.

At the price of 10.39 yuan, it rose +9.95% to seal the daily limit, and a huge amount of 47.84 million yuan was released that day.

For the stock Tianzhou Online, the trading volume of more than 47 million is absolutely huge, because the trading volume in front of this stock is below 10 million, and even the lowest was the full-day trading volume six trading days ago.

It can only be about four million.

The trend of this stock has been very poor in the past two months, with the stock price falling from 14.54 yuan to 8.33 yuan, a drop of 42 percentage points in two days, which is almost not much different from being cut in half.

After Tianzhou Online hit record lows in recent trading days, it rebounded from the bottom of 8.33 yuan to 10.39 yuan, a rebound of about 24 percentage points.

The last rebound was a month ago, from 9.24 yuan to 11.37, a rebound of about 23 percentage points, and there was also a daily limit during the period.

The few participants in this stock refer to the trend of the last rebound, and they have already rebounded by more than 20 percentage points and it is time to end. The difference is that the last rebound started with the daily limit and then came out with a few positive lines. This time it is the other way around.

First, there are a few positive lines, and then there is a big positive line to hit the daily limit.

The retail investors who participated said they had seen through the bookmakers' routines.

The sneak attack on the market at the end of today's trading did not attract much attention from the market. After all, the popularity was so low that almost no one paid attention.

It is completely incomparable with popular "star stocks" such as ATL Technology and Weibo.

Tianzhou has raised its daily limit online, but few people are talking about it in the comment section of the stock forum. Moreover, some holders of the stock have also sold off after today's daily limit. I don't think there is anything serious, but it is just a rebound.

As the market closed, more than an hour later, today's Dragon and Tiger ranking data was released.

Tianzhou Online’s Dragon and Tiger List has come out. The data on the list shows that the top five expected buying amounts in the Dragon and Tiger List account for 67% of the total day’s turnover, with more than 32 million bought, and there are five buy-in seats.

There are three institutions dedicated to buying one, two and three seats respectively.

The top brother on the list bought more than 17 million, and the other two seats were unknown large investors. One bought more than 1.5 million, and the other bought 1.8 million. They should be large investors among retail investors, and they are not well-known hot money seats.

The data on the Dragon and Tiger List still surprised some retail investors. This daily limit was imposed by institutions.

Those who sold today still have a little regret, because after seeing the data on seats on the Dragon and Tiger list, there will at least be a premium tomorrow.

Institutions have hard-topped the daily limit, and some retail investors always feel that there may be some inside information in this ticket.

Big A’s current stock investors basically go to stock bars and other places, and they all like to find out whether there is gossip about this ticket, whether there is any inside information about that ticket, or they are obsessed with K God’s leading strategy, what kind of price limit mentality, or all kinds of messy things.

Tactics.

Only a very small number of people study professional financial subjects such as macroeconomics, but to a certain extent, there is nothing wrong with retail investors chasing gossip. After all, the market itself is imperfect.

As time went by, few people paid attention to Tianzhou Online when it reached the daily limit, and there were not many new comments on Tianzhou Online in the comment section of the stock bar. However, around 17:20 in the afternoon, with the appearance of an online message, the attention and popularity

Soaring straight up.

There are rumors in the market that insiders have revealed that Yixing Media Group, a wholly-owned holding company of Qunxing Capital, will use Tianzhou Online to enter the A-share market.

As soon as the news came out after the market closed, it immediately went viral in major stock forums and stock exchange groups. The originally unpopular stock forum comment area of ​​Tianzhou Online suddenly became very lively, and holders exploded.

[Niu Bi, I will have a one-character board tomorrow.]

[I’m really pissed off. I’ve been covering my position for more than a month and lost more than 10 pips. I wanted to wait for a correction and then take it back, but the T flew away. Damn!]

[I also fell before dawn. I was even worse. I originally had 14 yuan, but I paid out for 10 yuan. I lost almost 30 points when I cut the meat. Just after I cut the meat, I got such a big epic benefit. He really made me cry to death.

…]

[There is no doubt that this operation is a textbook for retail investors. You have a lot of perseverance to hold on, but you can’t hold it once it rises... (face covering)]

[What the hell? Yixing Media Group is borrowing money from Tianzhou? Is this news reliable?]

[Haha, risking your life to hit the board, is this a rhythm that needs to be doubled?]

[I haven’t gotten in the car yet.jpg]

[Those who didn’t get on the bus today, don’t think about it. If the news is true, the one-word daily limit will definitely be blocked tomorrow and there will be no chance to enter. If the one-word limit cannot be blocked tomorrow, it is 100% false news. If you have no chips and no first move, then

Let’s see the excitement.]



(End of chapter)


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