The next day, Monday, November 10th.
The A-share market ushered in the first trading day of this week. In yesterday's weekend evening news, the upper management officially announced the "four trillion stimulus plan" to stimulate domestic demand. The A-share market jumped sharply today.
After the opening of the market, the market index did not take any action, but directly pushed up.
In just half an hour of early trading, the Shanghai Stock Exchange Index rose by more than 5 percentage points. At around 14:00 in the afternoon, the market rose again.
Regarding the funding sources of the "four trillion stimulus plan".
First, the central government will bear 1.18 trillion yuan.
The remaining three trillion or so:
The first is to support local governments in actively raising the funds they should bear. The specific method is for the central government to issue 200 billion treasury bonds on behalf of local finance this year. That is, after the central government issues bonds, they will be put into local budgets and local deficits as local supporting funds. .
The second is to issue some policy loans as special policy loans under special circumstances. The specific method is to issue some policy loans with longer terms and lower interest rates as project capital.
The third is to expand the issuance of local corporate bonds, such as road and power renovation, which will generate certain profits in the future. Therefore, for projects that temporarily lack supporting funds, use local financing platforms to increase the issuance of corporate bonds to solve the shortage of supporting funds. The problem.
As of the close, the A-share market rose sharply across the board, Changyang closed in the red, and the daily K line closed a bald barefoot Yang line that jumped high and opened high. The Shanghai Stock Index rose +7.27% to 1874.80 points, with a trading volume of 56.9 billion yuan; The Component Index surged +6.50% to 6127.12 points, with a trading volume of 22.3 billion yuan; the total trading volume of the two cities was 79.2 billion yuan.
Fang Hong did not keep an eye on the market today because he knew that today's market must be a unilateral rise. Hua Yu was managing Star Capital, and his personal account was held by Zhongxin Securities.
Today, this ticket went all the way up to the daily limit and closed at the end of the day. The transaction volume for the whole day exceeded 3.6 billion. Fang Hong was full of money on Ashin. Now his account funds have reached 19.6 million yuan, and he has made a profit of 30.6 percentage points in the past four trading days. rate, the absolute income is 4.6 million yuan.
Hexuan wanted to buy a car before, and Fang Hong fulfilled her request and transferred 3.5 million yuan to buy her a Lamborghini. In these four days, he not only earned back the Lamborghini, but also gained more than one million yuan.
Fang Hong's current securities account has achieved a record of +42230.66%, which is a cumulative return rate of more than 422.3 times. Compared with the market growth during the same period, the trend curve of the Shanghai Stock Exchange Index was directly pressed to the zero axis at the bottom of the income chart.
Compared with the surge in income from securities accounts, Fang Hong is more satisfied with the increase in reputation value.
Today's sharp rise in the market has also led many retail investors to worship the god "Fenghua Salted Fish". Cao Chenghui's ID is currently rising in popularity in the stock trading circle.
The Shanghai Composite 50 ETF fund closed up +9.29% today, almost reaching its daily limit.
Today's market conditions are dominated by heavyweight blue-chip stocks. You can get a glimpse of this from the SSE 50 ETF's significant lead over the market.
Cao Chenghui intervened last Tuesday, and now his profit has increased by 15 percentage points. Some retail investors who followed the operation also ate a lot of money as long as they didn't leave, which directly led to his further rise in fame.
And this has indirectly brought benefits to Fang Hong. Today, the cumulative reputation value has officially exceeded the 10 million mark, reaching 10.53 million. The net increase in achievement points is 138,600 points. The current cumulative achievement points have reached 620,100 points. , which can be exchanged for 6 prop cards.
…
At about 16:00 in the afternoon, Fang Hong came to the headquarters of Star Capital. He received a call from Hua Yu not long ago. He had something important that was not convenient to talk about on the phone and needed to be discussed face to face.
The two good-looking young female receptionists at the front desk recognized Fang Hong quickly when they saw him. One of the receptionists immediately urged her colleagues to call the chairman, and she walked out of the front desk to greet him.
"Hello Mr. Fang, please come this way!" The receptionist smiled enthusiastically and asked Fang Hong to move to the company's VIP room. The chairman personally explained it a few days ago, so he naturally did not dare to neglect it. Although he still didn't know where Fang Hong was from, he was also very curious.
As soon as he entered the company, Hua Yu came out of his CEO's office.
"Go and do your work." Hua Yu said to the female receptionist, then looked at Fang Hong and said with a smile: "Brother Fang, please come this way!"
After a while, the two entered the office.
Hua Yu closed the door smoothly, and Fang Hong asked, "What's the matter? Tell me."
He took a piece of material from his desk, sat down on the sofa in the rest area, handed it to Fang Hong and said: "This is the allocation situation of 1 billion. Currently, only Zhongjin Gold is still short of 40 million, and the other four targets have already All positions will be completed according to your requirements."
Fang Hong took the materials and browsed them briefly before putting them aside. Then he looked at Hua Yu and said, "This shouldn't be the focus of today."
Hearing this, Hua Yu nodded and smiled: "Indeed... By the way, Brother Fang, did you read the news last night?"
Fang Hong also nodded and said: "Well, I've seen it. The announcement of a four trillion stimulus plan is in line with my expectations."
Hua Yu did not immediately get into the topic of talking about the 10 billion yuan, but started talking about something else. He asked curiously: "With such a powerful loose policy, how can we stimulate domestic demand? Is it possible that all of it should be invested in large-scale infrastructure construction?" intend?"
The economy is under pressure. The old way to stimulate the economy in the short term is to build infrastructure on a large scale. After public infrastructure is built, the real estate market starts to move.
Fang Hong crossed his legs and said slowly: "In the current environment, the financial tsunami is sweeping the world. The troika of investment, consumption, and exports, investing together with the current four trillion stimulus plan should be able to boost it, but exports are We definitely can’t count on it. The excess production capacity in the financial tsunami environment will definitely not be absorbed by exports. Consumption can only be absorbed by domestic demand. It seems that the only way to stimulate domestic demand is to rely on the help of farmers."
Hua Yu looked at Fang Hong and couldn't help but ask: "Relying on farmer brothers to stimulate domestic consumption? How do you say this?"
Fang Hong said: "The country began to invest heavily in rural infrastructure a few years ago. Now basically every village has access to electricity, access roads, the Internet, etc. The rural population of more than 700 million is a huge consumer demand end. There was no such thing before. There is no internet, no electricity, no roads, etc. If you are a rural person and want to buy a refrigerator but no electricity, or a mobile phone but no internet, it is different now that these infrastructures are in place.”
After a moment of pause, Fang Hong continued: "My judgment is that the superiors will come up with a plan to bring home appliances to the countryside. Let major home appliances such as refrigerators, color TVs, mobile phones, and washing machines enter thousands of rural households, promote consumption, stimulate domestic demand, and drive industry. production to cope with the impact of the current international financial tsunami."
Fang Hong is very clear about the policy of subsidizing home appliances to the countryside. It will start on the 1st of next month. The entire subsidy time window is from December 1, 2008 to the end of November 2012. Home appliances to the countryside will be implemented nationwide. , as long as you have a rural household registration, no matter where you buy the home appliances, you can go to the Finance Bureau in the place of household registration to reimburse 13% of the purchase price of the home appliances.
Fang Hong looked at Hua Yu and said, "It's hard to export this carriage now. The money that was originally subsidized for exports was given to farmers through home appliances going to the countryside. Now the farmer brothers have saved a lot of money and improved their lives at the same time." People who don’t have TVs at home need to buy TVs, phones, etc. In addition, the money to subsidize exports is subsidized to farmers, which will stimulate domestic demand and promote consumption in both directions, which is very good.”
"Generally speaking, during this financial tsunami that has affected the world, we have more than 700 million farmer brothers who can boost domestic demand. We can raise a hand and be the first country in the world to emerge from the economic crisis."
Hua Yu listened to Fang Hong's simple analysis and couldn't help but nodded: "It makes sense."
Fang Hong glanced at Hua Yu again and said, "Let's get down to business."
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