To transfer funds overseas, you need to exchange foreign exchange. For an individual, you can only exchange 50,000 US dollars a year, but companies are naturally different from individuals.
To exchange 300 million U.S. dollars in foreign exchange, you need to work hard, but it is not too difficult to do. You don’t even need to go through channels such as underground banks. For example, B shares are a good channel, or through registered foreign trade companies. There are too many ways for funds to go out.
The key is to see if there are relevant connections, resources and channels.
Fang Hong stayed at Qunxing Company for about forty minutes and then left. Hua Yu was in charge here, and everything was running smoothly. The company's main task was to first accumulate 10 billion.
It is worth mentioning that today’s A-share news has been positive. Relevant parties stated that under the current market environment, major shareholders of Yangyang Enterprises must continue to increase their holdings of shares in listed companies, support listed companies in repurchasing shares, and work hard to Promote the stable and healthy development of the capital market.
However, today's A-share market had a mediocre response to the news. The market index closed down -0.05% at 1851.52 points. The daily line closed with a green cross star. The Shanghai Index's daily line ended its five-day negative trend.
The good news in front of us is that the lows of the market indexes today did not reach new lows.
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After the weekend weekend, on Monday, December 29, the A-share market opened lower and moved lower. The Shanghai Stock Exchange Index fell sharply -1.93% in one hour of early trading. The index dropped to 1815 points, breaking the recent low again and reaching the 1800-point mark. It seems to be in danger.
At around 10:30, Fang Hong was watching the market. It had been 10 days since the short position break on the 19th.
Today, Fang Hong took action again.
The 70 million funds in the securities account were divided into seven large-cap stock targets, namely Zhongxin Securities, Hitong Securities, Pufa Bank, Zhongguo Ping An, Zhaoshang Bank, Zhongguo Pacific Insurance and Shanqi Coking Coal.
These seven stocks were all bought for 10 million, and all transactions were completed that day, and all transactions were completed in the early trading.
Fang Hong did not wait for the A-share market to close. After all seven targets were traded, he immediately logged into the K3478 Weibo account and prepared to post updates. Now that he is famous, he is not afraid of being targeted by the market.
The funds were divided into seven, and the seven votes entered were all big votes, so it was impossible for anyone to target him.
After a while, Fang Hong uploaded screenshots of his holdings and buying points, then edited a piece of content and posted it:
[After the break, I continued my campaign for Big A. Today I selected these seven targets. If I liked them, I jumped on the ticket decisively. They were all heavy-weighted tickets. Each one was worth 10 million, and the position was fully filled.]
[Personally, I believe that the recent risks of A-shares have been fully released. It is not appropriate to be blindly bearish at the current point. One moment and one moment, the market outlook is generally bullish and I plan to enter these seven tickets to follow the mid-line trend. 】
After posting the update, Fang Hong took a look at the number of followers on the account. It had reached 2.8 million. It was not as sharp as the previous few days. It was also related to the fact that he had not posted any updates for ten days.
But just when he updated the news again, thirty to fifty comments appeared in a short time.
[Mark, front row. ]
[Master Patriarch strikes hard again! ]
[Unexpectedly, God K actually updated Weibo during the game. ]
[God K is full of stud again, and he is bullish directly and clearly, and it’s time to start! ]
[Do you want to follow? It's now 10 minutes past 11 o'clock, and the market is closed for 20 minutes in the early trading. ]
[Is it changing to the midline trend this time? ]
[Grandmaster is awesome! ]
[Are you sure the market has bottomed out? It feels like there are still repercussions...]
[The ancestor’s warehouse is full. If you’re just a basket-case, I’ll just pick it up. You can do whatever you want. ]
[God K, what is the core idea of being a leader? ]
[K3478//Reply: The idea of being a leader is to discover the spiritual leader of the market as soon as possible, get on it as soon as possible, and hold it until the market discovers a new spiritual leader and then switch decisively. It cannot be said that there is no explosive energy. He is a leader. Since he is a leader, he must increase his volume, accept the test of market funds, predict first, and then follow. ]
[Eye: Got it. Brain: Lost in learning! ]
[God K actually replied to me? Thank you God K! ]
[Several ST stocks that Grandmaster was optimistic about before have taken off during this period. The ST sector has risen so fiercely. God K really doesn’t like the meat of the ST sector. He doesn’t want to take the trouble and can’t push the position, so he doesn’t do it. ]
[Stop talking, just copy the homework! ]
…
As time went by, the number of comments on Fang Hong's latest Weibo update quickly exceeded 100, and then several hundred. By noon, the number of comments had reached more than 1,000.
At about the same time, major stock exchange groups and stock forums also began to talk about K-God’s full position in the market again.
It has to be said that after the news that Fang Hong once again entered the market with full positions spread, tens of thousands of retail investors were affected by him, especially those who had followed his account on Weibo.
Fang Hong's entry with a full position gave them the confidence to go long. When there was a big plunge in the early trading, everyone shouted that they would see it at 1700 points, and some even shouted that they would see it at 1600 points.
But now, many people immediately switch from bearish to bullish.
Many retail investors have followed suit, and some of the retail investors who copied the previous few times have perfectly avoided the two declines because they took advantage of it. Today, after seeing the latest news, they entered the market with full positions without hesitation.
Some people directly took a heavy position in one of the seven stocks, some divided the position and bought three, two, five, etc., or they just copied the homework with their eyes closed. Fang Hong's full position was divided into seven and then divided into seven.
However, in the last two trading days before the holiday, the market turned downward and fell for two consecutive days.
On Tuesday, December 30, the market index closed down -0.95% at 1832.91 points.
On Wednesday, December 31, the market index fell another -0.66% to 1820.81 points.
Many investors who are following the trend are a little nervous, especially those who are following the trend for the first time. Retail investors who have taken advantage of the trend in the past few times are relatively calm this time.
However, the adjustment range in the two days is not large, not to mention that the founder said that this time it is a mid-line trend, and the small adjustment does not even cause a technical break, so I am still willing to endure it for a few more days.
With the A-share market closing today, 2008 has officially come to an end, and the first trading day of the new year will be Monday, January 5, 2009.
Although the 2008 annual report will not be disclosed until March next year, Fang Hong is deeply impressed by the losses of major domestic funds this year.
More than 400 funds under 60 fund companies have suffered cumulative losses of up to 1.5 trillion yuan in this year's unilateral plunge, which is in considerable contrast to the 1.11 trillion yuan profit in 2007.
Sixty fund companies received a total of more than 30.7 billion yuan in various fund management fees, an increase of 8.28% compared with 28.3 billion yuan in 2007, setting a new record high in annual management fee income.
To put it simply, the performance of fund companies this year has hit a record high, and Christians are losing so much money that they don’t even recognize it.
In the evening, the upper management released a blockbuster news, agreeing that relevant departments should follow the procedures to start the issuance of domestic third-generation mobile communication licenses.
That is, TD-SCDMA is used as the international standard for third-generation mobile communications. This is also an important symbol of domestic independent technological innovation. The country continues to support research and development, industrialization and application promotion.
At present, the reform and reorganization of telecommunications enterprises has basically been completed, and the conditions for issuing third-generation mobile communication TD-SCDMA, WCDMA, and CDMA2000 licenses are met.
The issuance of 3G licenses heralds the beginning of the mobile Internet era in full swing in Greater China. New network giants will take advantage of the situation to rise, and the decline of established Internet companies will inevitably occur.
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