On Sunday night, the announcement that countless people had been waiting for finally came out.
The state and regulatory authorities have successively expressed their stance and introduced some corresponding measures, claiming that they will try to improve the current situation of the stock market.
But apart from ordinary people and experts in name only, some truly knowledgeable people completely lost confidence in the stock market after seeing these statements.
Because they saw that these official statements contained nothing but empty words and no real effective measures.
Then, it was Monday.
When hundreds of millions of investors were expecting a miracle to happen, it seemed that the miracle really happened.
On that day, the stock market finally turned red and closed with a surge of more than 2%!
The people's hearts were boiling, and countless people cheered that night.
And those experts are once again preaching that the market adjustment is over and the bull market will continue.
However, these people don't know that on this day, many bookmakers in the market have taken advantage of the opportunity to pull up and started to run away...
The next day, the market continued to rise sharply, with an increase of more than 3% at one time, and many stocks closed at their daily limit.
When the market closed, the cheers were much louder than yesterday.
But on the third day, after the market opened, it rose slightly for a while, and then, as if it had been hit with a hammer, it suddenly dropped in volume, with a drop of more than 4%, reversing yesterday's gains!
Since then, those who understand and the bankers have left, leaving only retail investors and laymen who have not seen the situation clearly, wailing in the stock market.
After that, for two consecutive days, the market continued to plummet, and thousands of stocks were firmly locked at the lower limit.
Stock market crash!
Only then did everyone finally understand that the end was coming.
For a time, the stock market was filled with mourners and mourners.
The impact of the stock market crash on society is not just that there are a lot of news in newspapers about people jumping off buildings, or social news such as mothers and fathers fainting on the exchange.
The collapse of the stock market is also a disaster for the entire investment bond market.
The bond market, funds, and bank loans all experienced problems due to the stock market crash.
Even these old traditional investment channels are like this, so the P2P industry, which is less than 2 years old, will naturally not be immune.
After the stock market crisis, many P2P platforms have taken the initiative to reduce the return on investment on the platform because they cannot afford the high yields, hoping to survive this cold winter.
But even if they lower the rate of return, the income of these platforms is still much higher than that of banks.
To continue attracting new capital, these platforms must do this.
Especially in this cold winter, they need new funds to fill the hole caused by the stock market crash.
However, how long can this method of demolishing the east wall and repairing the west wall last?
The answer will soon be known.
"Liu Yang! When will you pay me back the money I lent you last time? I need it urgently."
"Yes, I'm sorry, please wait another 2 days! My P2P financing will not expire until tomorrow."
"Okay, then you remember!"
Thirty-year-old Liu Yang is a senior white-collar worker in Donghai. He wears suits and leather shoes every day and goes out to high-end CBD. When the mood strikes at night, he will go to a high-end restaurant to enjoy it.
During the bull market in the past, Liu Yang noticed the high returns of P2P financial management, so he invested most of his money in the P2P platform.
At the same time, in order to avoid putting all his eggs in one basket, he divided his money into three parts and invested in three different P2P platforms.
The P2P companies he selected are strong and backed by Guanghui Group, the leading conglomerate in the East China Sea.
So before this, Liu Yang had always trusted them.
And the other party has lived up to this trust, and every issue of income has arrived in time, without any delays.
Relying on these huge profits, Liu Yang's life is getting better day by day.
However, the recent stock market crash made Liu Yang feel a bit depressed.
Smiles are rarely seen on the faces of people around me.
There are many more people asking him to repay money than usual.
Because he found that borrowing money from others and then investing it into the P2P platform could earn a lot of interest, Liu Yang used to borrow a lot from people around him even though he was not short of money, and then invested their money into the P2P platform to earn interest.
Relying on this method, he can make thousands more out of thin air every month.
But after the stock market crash, more and more people asked Liu Yang to pay back money, letting Liu Yang know that this kind of easy money-making days were finally coming to an end.
Before that, Liu Yang had already repaid a lot of money, and the only things left on the P2P platform were the money lent to him by his colleague just now, and Liu Yang's own money.
The next morning, Liu Yang took a leave and rushed to the P2P company to take out his colleagues' money and return it to them.
After all, we are all colleagues, and having each other come over all day to push for money will have a bad impact.
However, when he rushed to the P2P company, Liu Yang suddenly felt a thump in his heart.
It seems that there are many more people coming to P2P companies to handle business today than in the past.
There was a long queue at every counter.
Liu Yang took the number and lined up.
However, the progress of the team was very slow. Liu Yang waited for a long time, and the team only seemed to move once or twice.
"It wasn't like this before?"
Just when Liu Yang felt strange, suddenly, a fierce quarrel broke out in front of the team.
Liu Yang tilted his head and glanced towards the front of the queue, where he saw a middle-aged woman yelling at the staff in front of the counter at the top of her lungs.
Because this aunt was a native of Donghai, she used the local dialect to curse, so Liu Yang didn't quite understand her.
He then patted a buddy in front of him and asked, "I'm sorry, what are they arguing about?"
The buddy in front of Liu Yang turned around with a pale face and said, "She seems to be saying that the payment date on the platform will be postponed!"
"What? Postponed?"
Liu Yang's heart suddenly skipped a beat.
Not only him, but others around him began to panic when they heard the news.
Postponed?
Why postpone?
It's all good, why do you want to postpone it?
Soon, many people in the team also joined in questioning the platform.
Seeing that the situation was a bit chaotic, a platform manager stood up and explained: "Everyone! Please don't get excited. This postponement of payment is just because there have been too many people coming to the platform to make payments recently, and the company has insufficient cash reserves. Now the company is allocating funds.
Yes, you can come and pay in a few days!"
“Insufficient cash reserves?”
Although this reason cannot be said to be unreasonable, it is still reasonable.
And after all, behind this platform is the famous Guanghui Group, so there is no possibility of any problems.
With this idea in mind, and with the persuasion of the other party, the crowd gradually dispersed.
After that, Liu Yang went to several other platforms, but the results were the same. It seemed that overnight, each platform encountered a cash crisis and could not allocate money to pay the contract.
Unable to get the money, Liu Yang had no choice but to go to the bank, withdraw what little savings he had, and go back first to silence his colleagues.
But just when Liu Yang was waiting to go to the platform to cash in the money, suddenly, several messages from other places made Liu Yang unable to sleep or eat well.
In the past few days, the bosses of many out-of-town P2P companies have made donations and run away!