Chapter 589 [Find a chance to be bored]

Others may have a lot of doubts, maybe the continuous inflow of foreign capital is for investment, and there is no bad intention.

But Fang Hong had no doubts, and was extremely sure that these funds came with malicious intentions.

Believe that Wall Street Capital has no bad intentions?

The memory of the previous life made Fang Hong very clear about how ugly they were. For example, Morgan acquired the First Republic Bank ten years later. The most critical part of the acquisition was that Morgan did not recognize the First Republic Bank. debt or preferred stock.

What does that mean?

That is to say, Morgan took away all the real property of First Republic Bank, including its offline branch deposits and various valuable properties, including the money owed by others to First Republic Bank. These are all my Morgan .

However, I, Morgan, do not recognize all the IOUs issued by the First Republic Bank.

A contractual approach should be to pay off the debt first, the debt is greater than the equity, and then return the rest to the shareholders.

The precedent of Morgan's direct zeroing operation is still Silicon Valley Bank and Credit Suisse, but Silicon Valley Bank and Credit Suisse only dare to tear up the IOUs. No matter how they buy other people's equity, they still exist, and Morgan's acquisition of First Republic Bank is basically the same. It is equivalent to grabbing.

Just one by one, what kind of food would Fang Hong expect from them? Do you still expect them to come in and cause trouble?

In the end, Fang Hongyan, who was sitting in front of Qiu Guangcheng, said succinctly: "Foreign capital wants to do things in my territory, so blatantly, do you think I dare not move them? Find a chance to bore them."

As soon as these words came out, Qiu Guangcheng was startled, and hurriedly said: "Smothered? Is this too radical? I'm worried that someone will use this as an excuse to label the stars..."

After all, we are expanding the QFII pilot program at the moment, that is, we are expanding the degree of liberalization of foreign capital. They will be bored as soon as they come in, and they may be labeled by others. It is the reason for your Qunxing Capital that scares foreign capital. Ran.

Fang Hong said lightly: "Have a hat? That's what you can do. Let's rest assured, capital chasing profit cannot scare away. The economic size and prospects of the Greater China market in the next ten years will be left alone. Are you afraid that there will be no foreign investment? I am afraid that the liberalization is not thorough enough.”

Immediately afterwards, Fang Hong added: "Let's take a step back, Qunxing Capital has so many assets overseas, which really scares away foreign capital. We play the role of foreign capital to enter, and let's not say whether we can do so if we want to take the hat off." , first find a hat that can be buckled."

Qunxing Capital wants to play the role of "fake foreign capital". It is easy to do it. The existing assets can not be moved, but the new profits are continuously generated. 80 billion U.S. dollars, another 20 billion U.S. dollars were hidden and then entered the Greater China market as "fake foreign capital".

Where did it scare away foreign capital?

Isn't this a continuous influx?

Hearing what the big boss said, and seeing that he was determined, Qiu Guangcheng stopped worrying.

After a while, Fang Hong said: "Pay close attention to the capital flow of those listed subsidiaries. If there is any sign of a large amount of capital fleeing, just weld the car door to death, and I will collectively press down the stock price all the way. There are 1 billion foreign capital in China, but actually I think it’s more than 3 billion, and they didn’t run away so quickly.”

Such as QFII funds are the obvious way to enter the market.

But what about the funds that secretly "curve into the market"? That is definitely much larger than the scale of QFII. Some foreign capital as invisible shareholders enter the market through nominee holding and hidden holding.

With so many immigrants and assets transferred overseas, there must be a lot of ingredients similar to secret holdings and proxy holdings of foreign capital that let their spokespersons complete the transfer of assets through immigration and other means.

Qiu Guangcheng was stunned for a moment when he heard that the big BOSS was going to press down all the listed subsidiaries of the galaxy system, and he immediately said: "But in this way, wouldn't it impact our strategic goal of building an independent valuation system? ?”

To suffocate foreign capital, the stock prices of these listed subsidiaries have to plummet to the floor. This is obviously in conflict with the strategy of building an independent valuation system for the subsidiaries of the galaxy.

Obviously, what Qiu Guangcheng was worried about was that if he did it like this, everyone might not believe it, and no one would come to play.

If you suddenly collapse like this, you want to earn some equity premium, and he cares about your principal, so no one has to weigh it.

Hearing what he said, Fang Hong smiled indifferently: "It's just a fall and then pull it back. Don't worry, if it rises, no one will come to play. Even if this generation dare not come to play, the next generation of investors , Those investors born in the 1980s and 1990s will have a new world after entering the market.”

The new generation of investors entering the market has no memory of this generation, so they must come back to play, and the new generation of investors born in the 1980s and 1990s are more "tiger" than the old generation of investors. Much bigger.

Most importantly, only human nature is eternal.

Hearing this, Qiu Guangcheng lowered his head and thought for a while, then said in a deep voice: "Then there is one last problem that needs to be solved. How to stabilize the market sentiment when it crashes? Keep the index from plummeting?"

Qiu Guangcheng is now basically sure that the big boss is really going to suffocate foreign capital, and he has made up his mind.

If you really want to be bored, the scene will definitely be spectacular, and it may even become a major symbolic event in the history of A-shares. In the process of falling all the way, the entire A-share market will be jittery and panicked The spread of emotions is likely to cause irrational panic and sell-offs.

The index must be protected. If the collapse is not decent, the index is too ugly, and it is not easy to explain.

Therefore, the premise is that the index must be protected, which is a major premise.

Fang Hong said in an orderly manner: "When the time comes, Qunxing Capital will allocate funds to banks, brokerages, insurance companies, or take turns to stabilize the index. If necessary, the three major sectors will collectively pull the platform to protect the index. In addition, all the funds will be allocated to support those that the Qunxing system has already intervened in. The weight of the target, and then the third channel of funds is used as hot money to move around in a fast-rotating way within the day."

The arrangement is straightforward.

The absolute main force to protect the market must be the three major sectors of banks, securities companies, and insurance, because the "three financial idiots" have the most obvious effect on the index.

Fang Hong has another potential intention to stabilize the market and protect the index by pulling the "three financial idiots", which is to share the cake. What listed companies are the three financial idiots?

There are Guo Jia teams inside. Qunxing Capital’s allocation of funds to pull Taiwan’s bank stocks is tantamount to carrying a sedan chair. If you go to the top of Guo Jia’s team, the institutions can sell high and cash out.

What can you say if you eat big meat without doing anything?

Surely nothing will be said.

Wait until the foreign capital is cut off, and then turn back and pull those star-system subsidiaries that have fallen into Muggles to the stage. At the same time, Qunxing Capital will carry out "cutting" operations on the financial three idiots to complete the exchange of buying at high prices and selling at low prices. Operation, the sharing of the cake is completed, the financial three fools fell back to the original position, and at the same time canceled the pull of the skyrocketing listed subsidiaries of Qungalaxy on the index.

With this up and down seesaw operation, the market index is still moving normally at more than 2,000 points like an old dog, seemingly calm, but switching to individual stocks, it means that a round of encirclement and suppression of foreign capital has been completed.

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