Chapter 877 [Toutiao merges into the galaxy]

Driven by a short squeeze by brokerage firms, banks and insurance stocks, the market index continued to rise.

Major stock forums or exchange groups have ushered in the busiest moment in recent years. The investors in the market are immersed in the joy of making money and eating big meat. Those who have not been able to cut meat at the bottom in recent years, see this trend, Seeing that the account is recovering its capital quickly, I'm lucky that I didn't lose money at the floor price.

As for the 2,000-point cut, his intestines are already stained with regret.

As the money-making effect of the market continues to amplify, many short-term investors quickly enter the market with OTC funds. Watching others make money, being short yourself is simply more uncomfortable than losing money.

As of the close of trading, the Shanghai Stock Exchange Index had a long bald Yang line, and the closing price was almost the highest price of the day, rising sharply by +4.32% to close at 2899.46 points. It even touched the 2900-point integer mark during the session.

This big positive line not only made the Shanghai Composite Index reach a new high for the year, but also reached a new high since May 2011.

In addition, the Shenzhen Component Index also rose sharply by +4.00% today, closing at 10029.83 points, once again reaching the 10,000-point mark.

The GEM index next door closed up by less than 1 percentage point. Recently, it has been the turn of the main board to take off. However, driven by the money-making effect of the main board index, the GEM has entered the market in a big way, especially when a huge amount of OTC funds entered the market. , still received the attention of some funds. Because of its large size, it still received a lot of funds. As a result, the ChiNext Index has come out of the shock range this year, and today it has reached a new historical high since the ChiNext Index was launched.

However, it is worth mentioning that the quantitative capital that has emerged from the second consecutive board has stopped here today. It only closed up +0.94% today. Not only did it significantly underperform the broader market index, but it also turned green during the session, which made some people who want to play three games today The person who connected the board failed.

Obviously, the trend of quantitative capital today is due to the fact that funds are being siphoned off by the large financial sector. Everyone is lashing out at the "three financial fools": securities firms, banks, and insurance companies. On the other hand, quantitative capital has reached the point where it has been locked in the previous highs. The pressure range, the selling pressure in this range is very large.

The current A-share market is filled with a bull market atmosphere. Such a market situation is almost a win-win situation. On the contrary, those who are afraid of heights will short the market and slap their thighs with regret.

Positive expectations such as Shanghai-Hong Kong Stock Connect, T+0, and the registration-based system continue to push the market to further strengthen, and more and more people believe that a big bull market is coming.

Not to mention the stocks that are blooming more. Since the second half of this year, as of today, the cumulative increase of the Shanghai Stock Exchange Index alone has exceeded +41%. Even if you buy a Shanghai-Shenzhen 300 Index ETF and sit still, you can make a huge profit of 41 points.

As the market continues to strengthen, many investors who have made money have gone to Fang Hong's Weibo, left messages, or sent private messages. Many people were so happy that they donated money to the Medical Charity Diversion Fund.

On the weekend of November 23, K God published a Weibo article that was bullish on the market. Immediately after the next Monday, the Shanghai Stock Exchange Index exploded by nearly 5 points, officially starting the bull market, and it has been making great progress until now.

Investors turned on the market software and watched the market index show a sustained upward trend throughout the second half of the year, a complete bull market.

Now Fang Hong is already a "god" in the minds of hundreds of millions of investors in Big A. His accurate grasp of the market is like a god in the minds of investors. The most important thing is that God K never forgets to tell the market before it starts. Timely reminder to everyone to get on the bus.

Compared with other stock commentators who trick investors into taking orders at high prices, there is no harm without comparison.

What is certain is that in the future, as long as Fang Hong comes out and shouts, the billions of investors in Big A will definitely respond one after another. The effect of his words and boosting effect on the market may even be greater than the Central Bank’s cuts in interest rates and interest rates. Or good news like stamp duty is even bigger.

In the A-share market, when it comes to the amount of funds, hundreds of millions of retail investors are the largest "main force" of funds, but no one can make hundreds of millions of retail investors work together in one place.

But now, such a number one figure has appeared in Big A, and hundreds of millions of retail investors can buy into his account and are willing to listen to the call of God K. This is the first time in decades since the A-share market opened.

…

While the capital market and hundreds of millions of investors are immersed in the atmosphere of the bull market, there is an incident that can affect the domestic Internet landscape but has not attracted much attention. The investment circle has been attracted by the continued bullishness of the A-share market. As for many people, they have ignored this matter.

Astonishingly, Toutiao, which was founded by Mr. Zhang, has since been brought under the control of Qunxingxing and has changed hands.

The big reason why the investment circle didn't pay much attention to it is that Qunxing Capital only spent a few billion yuan to buy Toutiao, which is of course a huge sum.

But, it depends on who.

In the hands of Qunxing Capital, investment trends worth billions are not ranked internally, and only projects worth hundreds of billions will attract much attention. The bull market has just begun, so not many people are paying attention to Toutiao's merger with Qunxing Capital.

Just today, Fang Hong received news that the Wu Cheng team responsible for acquiring Toutiao was back.

After learning the news, Fang Hong came to the headquarters of Qunxing Capital around 16:00 in the afternoon and made a special trip to see Wu Chenghe for today's headlines.

Nowadays, it has become an established fact that Toutiao has been included in the galaxy. The next focus is to develop the product. Fang Hong came to the company today to set the basic framework of Toutiao's future development strategy for the people below.

…

Star Capital Headquarters.

At this moment, in a room of the company, Wu Cheng, one of the board members, and Qiu Guangcheng, who is still the chairman, are here.

Fang Hong looked at Wu Cheng happily and said with a smile: "Haha, Old Wu, I originally thought that even if this matter is quick, it will not be completed until January or February next year. I didn't expect you to give up this matter so soon." It was settled, three months earlier than I expected, so good work.”

After hearing this, Wu Cheng and Qiu Guangcheng looked at each other for a moment. They didn't expect the big boss to be so happy. He seemed to be very optimistic about Toutiao. Although the company's current valuation is only 500 million U.S. dollars, which would only cost more than 30 yuan in RMB. Looks like billions.

Qiu Guangcheng said directly: "I didn't expect you to be so happy about the acquisition of Toutiao, and you are not so happy about the tens of billions of projects."

Fang Hong smiled and said immediately: "Why are you so happy? Because Lao Wu bought me a company worth several trillions in the future with only a few billions in such a short period of time. How can I not be happy? Haha. !”

When the two of them heard this, they were extremely surprised.

How many trillions is Toutiao worth?

I knew the big boss was optimistic about this company, but I didn't expect him to be so optimistic.

At the trillion level, there are thousands of holding subsidiaries under Qunxingxing. You can count those with this size on ten fingers.

At this time, Wu Cheng said with a smile: "Mr. Zhou's side is the key to everything going so smoothly. Qifu 360 was the most decisive in divestment, and he just took the money and left, with no intention of getting on board later."

Fang Hong couldn't help but said happily: "Ha, I hope the red cannon will scold me less behind my back in the future."

The leader in red was deceived this time. He boarded the Toutiao bus early, but ended up jumping off the bus before it took off. In a few years, when Toutiao takes off, Mr. Zhou will probably realize that he was deceived and will definitely regret it. Secretly scolding Fang Hong, this young man really doesn't have martial ethics.

...(End of chapter)