Chapter 685 [Sharing trading models? They are thinking nonsense!]
The linear rise of quantitative capital in the late trading directly ignited the enthusiasm of the market. Many people who were originally bearish couldn't help but chase after seeing this trend and take the lead in the game.
But at this juncture, when Quantitative Capital's stock price soared to 740%, it suddenly turned around and dived, and was hit by a sell-off order of 300 million yuan. The upward trend that was intended to be listed on the stock market ended.
The stock price then quickly plunged back down.
At the close of trading at 15:00, Quantitative Capital's stock price closed up 310%. The stock price closed at yuan, with a market capitalization of 100 million yuan. Today's full-day trading volume also hit a huge 15 billion, and the daily turnover rate reached about 15%.
…
Meditation Villa.
At this moment, Tian Jiayi came back and brought important news from Quantitative Capital to Fang Hong: "People from Merrill Lynch contacted Qunxing Capital on behalf of Wall Street and asked to share the intelligent quantitative trading model developed by Quantitative Capital and let us make a price."
"Hahaha..." Fang Hong laughed loudly and looked at the beautiful assistant and said, "They are thinking shit."
After the mid-term performance of Quantitative Capital was disclosed, it entered the vision of Wall Street capital executives, especially the quantitative trading departments of top capital groups, who all wanted to get Chen Yu's intelligent quantitative trading model.
Tian Jiayi and Fang Hong looked at each other and said, "They threatened that if they do not share quantitative models, they will impose sanctions on quantitative capital, including finding ways to get the North American Securities and Exchange Commission to ban quantitative capital from entering the market, and at the same time impose sanctions in the field of display chips."
Hearing this, Fang Hong raised his index finger and shook it from side to side and said calmly, "If you don't share the urine of those people, they will definitely punish you. If you share it, they will punish you backhand."
Tian Jiayi couldn't help but reply, "I know what to do."
Fang Hong nodded.
After a moment, the beautiful assistant raised her eyes and looked at Fang Hong again and said, "Quantitative Capital's trading accounts in overseas markets are currently in open status. Do you want to notify Chen Yu and ask him to evacuate immediately and transfer the funds underwater?"
Chen Yu's quantitative capital company's current overseas investment accounts are serious. It does not engage in "curve entry" and other agent holding, covert holding and diving capital operations. Its overseas investment accounts are all open-brand.
In terms of overseas investment, Chen Yu is purely engaged in short-term high-frequency trading days of intelligent quantitative trading. Wall Street wants to blast it but cannot capture its funds because it is too flexible and the amount of quantitative capital funds is not large. In addition, Shanghai
The external market has a t 0 trading mechanism, which is more suitable for high-frequency quantitative transactions, and can be used to harvest interest differentials repeatedly.
but.
There is a simple operation that can deliver a fatal blow.
You don’t have a well-known investment account? Just freeze your investment account, find a reason to characterize your account assets as illegal, and then confiscate them directly. It’s simple, crude and direct.
Fang Hong thought for a while and said, "No need."
Hearing this, Tian Jiayi looked at him in surprise and asked puzzledly, "Aren't you worried that Europeans and Americans will start with quantitative capital investment accounts?"
Fang Hong nodded and said, "I will definitely take action."
The beautiful assistant who heard this was even more puzzled. Fang Hong added, "Teach Chen Yu a lesson and sharpen him. He still needs to grow. This kid's growth path is comparable to cheating. It's so smooth. Let's
He takes a loss to avoid big losses in the future, especially the kind of big losses that can damage his vitality."
Tian Jiayi couldn't help but said, "This lesson is a bit expensive. As far as I know, the nominal value of the quantitative capital overseas investment account has exceeded US$6 billion."
Fang Hong said calmly, "It doesn't matter. Just throw it back and then cut it back again. Just keep it in the field first. He has the ability to do it."
At this time, the beautiful assistant glanced at Fang Hong and couldn't help but smile and said, "To say that Chen Yu's growth path is comparable to cheating, I should say that you are more suitable, and your path to rise is much smoother than his, and you have never been
I’ve never seen you suffer any losses, so why aren’t you worried?”
Fang Hong couldn't help but smile in his heart. It was not that he had never suffered losses before, but he had already suffered losses in his previous life, and he had also experienced strong winds and waves.
After a moment, Fang Hong said calmly with a slight smile, "I can't fall now. I don't know how many packs of wolves are secretly waiting for me in the outside world. If I fall now, you can't imagine how many wolves there will be."
The wolf pounces on it and eats it, so even if it falls, it won't be enough, and the most it can do is stagger."
When Tian Jiayi heard these words, her beautiful eyes couldn't help but condense. Fang Hong's words sounded bland, but she felt the thrill in them.
Looking back, it is really scary to think about it. What is the size of Star Capital now? What kind of influence is it? How many interests are involved? As the helmsman of this giant sail, it is really not something that ordinary people can live in.
of.
…
In the coming days, there are only 4 trading days left before the National Day holiday.
In the last four trading days, the trend of quantitative capital began to enter the downward channel, and the fluctuations were violent.
On Wednesday, September 25, the stock price of Quantitative Capital broke the limit for the first time, and the stock price dropped to the yuan price, with a trading volume of 10.7 billion that day; on Thursday, September 26, it rebounded 410%, and the stock price closed at yuan, still maintaining the price of 100 yuan that day.
The transaction size is 10.3 billion.
On Friday, September 27, Quantitative Capital opened low and fell rapidly in a straight line. The price limit was sealed about three and a half minutes after the opening. The stock price dropped to the yuan price. The volume of transactions that day shrunk to 169.9 billion. The decline was too fast.
Many people were welded to death before they could even run away and hit the limit.
On September 30, the last trading day before the National Day, Quantitative Capital went straight out of the daily limit, the stock price fell to the yuan price, the cumulative decline exceeded -32%, and the market value also shrank to 100 million yuan.
However, after the one-word limit fell for 20 minutes, it was pried open by funds. The drop narrowed from -1000% to -180% during the session. Unfortunately, the limit was hit again in the afternoon, and the transaction volume of the day once again exceeded 10 billion.
, reaching a trading volume of 10.2 billion.
On the last trading day before the holiday, the two-day limit was exceeded, and there was really a lot of money on the way. This was a group of players in the market who were playing the leading role in the market after falling and rebounding by -30%.
There is indeed a pattern in the market, that is, when the popularity of the leader reaches its peak, it usually falls by about 30 percentage points and then rebounds. Especially for the stock of Quantitative Capital, before the main rise in the previous few periods ended and was cut in half,
After falling about 30 percentage points, there was a good rebound.
Only then did a large number of people come to buy the bottom of the market today.
However, Quantitative Capital surprised everyone by going beyond the two-day limit on the last trading day before the holidays. Investors are looking for bad news and trying to find some rumors.
After the market closed, the rumors indeed emerged.
It was rumored that Chen Yu, the founder of Quantitative Capital, would reduce his holdings by 2%. As soon as this rumor came out, investors were directly bearish on the market outlook.
However, the news was quickly debunked. Chen Yu directly posted a Weibo post on his personal Weibo denying the market rumors, and firmly stated that there would be no plans to reduce holdings in the next ten years.
This Weibo update by Chen Yu relieved retail investors holding quantitative capital, especially giving reassurance to retail investors who had been trapped.