Entering March, by Tuesday, March 3, A-shares had adjusted for more than half a month, with the market falling back from 2,400 points to more than 2,000 points.
Today is the day of the meeting to plan the work and set the tone for the coming year.
However, the A-share market does not seem to give much face. In the morning, the market bidding opened at an opening price of 2047.21 points -2.21% lower. It once fell to 2039.81 points during the session, and the decline expanded to -2.56%. The Shanghai Composite Index once again faced the test of 2,000 points.
Fang Hong, who had been in a short position for some time, made another move today at the opening of the market. He continued to buy and buy since the opening of the market in the morning. The stock targets he intervened in were still the seven large-cap stock positions that were closed before.
The market opened sharply lower in the early trading, but then rebounded all the way up, opening low and moving high, but it did not close in the red. Although the K line was a positive line, it was actually a true negative and a false positive.
As of the close, the Shanghai Stock Index fell -1.05% to 2071.43 points, with the daily line closing in positive territory and closing in the red.
Fang Hong updated Weibo after the market closed:
[The busy days of the beginning of the semester have finally passed. Unexpectedly, the market has returned to around 2,000 points. Today, the position is full. I still entered the seven previous targets. I wish the conference a complete success. 】
The Weibo account K3478 now has more than 5 million fans. Not long after the update was updated, there were comments.
[Master Patriarch has taken action, brothers, charge! ]
[Everyone gathers and rushes! ]
[It seems that God K also felt that the market had reached the bottom, so he copied it in yesterday, which now makes him feel more at ease. ]
[Understood, let’s just stud tomorrow! ]
[No time to explain, get in the car quickly! ]
[Why did God K’s account reach 153 million? I went to the last Weibo post to check, and it was indeed 145 million. Why was there suddenly more than 8 million? ]
[It must be the rebound from the previous few days, sneaking into the market. ]
[Indeed, K God should have secretly grabbed the rebound, otherwise why did the account suddenly reach 153 million today? ]
[Jue Juezi, you can grab this rebound and avoid another continuous plunge. ]
[Coach, I want to learn this. ]
[Hold on, the coach also wants to learn. ]
…
The news that Fang Hong had once again entered the market with a full position quickly spread through fans and retail investors who followed his Weibo account. The latest Weibo news was forwarded to communication groups or stock forums.
The entry of God K has boosted the confidence of countless people, at least the bullish confidence of the more than 5 million people who follow him has greatly increased.
The next Wednesday, stimulated by the news from the conference, the A-share market opened directly and showed a unilateral upward short-squeeze trend. The market generally rose with heavy volume. The market index did not even step back and rushed upward.
It once reached the 2200 mark during the session. Retail investors who followed Fang Hong’s Weibo account followed the trend and bought in at the opening of the market today. They ate a lot of meat and admired God K. He has become the heart of countless stock traders. super idol.
As of the close, the Shanghai Stock Exchange Index surged +6.12% to close at 2198.11 points, with a turnover of 130.5 billion yuan; the Shenzhen Component Index surged +6.91%, closing at 8227.05 points, with a turnover of 63.9 billion yuan, and the two cities’ total turnover was 194.4 billion yuan.
Five of the seven stocks that Fang Hong intervened in reached their daily limit today, namely Zhongguo Ping An +10.02%, Hitong Securities +9.92%, Pufa Bank +9.98%, Shanqi Coking Coal +9.99% and Zhongguo Pacific Insurance +10.02% , the other two stocks Zhongxin Securities +8.97%, Zhaoshang Bank +8.11%, the total daily return rate of the account is +9.57%, almost a full position and a profit of close to a board.
The absolute profit of today's account is 14.65 million yuan. For the first time, the personal account has achieved a record of making tens of millions of dollars a day. The total account assets have also reached 167.65 million yuan. Under the rolling effect of compound interest, the rate of return has soared geometrically. Now It has achieved a cumulative return of +272456.45%, a return on investment of more than 2724 times.
Fang Hong did not update Weibo news today, but the number of comments on the news posted yesterday has soared to more than 30,000. The latest messages are almost full of people who worship and follow the trend and eat big meat to leave messages of thanks.
The influence of this account in the A-share market and its status in the minds of thousands of retail investors are getting higher and higher.
For the first time, retail investors who followed the trend felt that making money was so easy. K God ran away when they were short, and K God entered the market when they had full positions. It was so simple that you could win with your eyes closed.
…
Next Monday, on the morning of March 9, Fang Hong came to Qunxing Company. This time he came to inform Hua Yu to close the peripheral short positions.
In the CEO's office, Hua Yu excitedly reported to him: "Brother Fang, we have made a lot of money from short selling in the external market. The current net profit from the floating profit on the book is US$2.056 billion!"
In just one month, it made a net profit of US$2.056 billion, equivalent to about 14 billion yuan, which directly covered the tens of billions that Huayang Group had prepaid, which was more than enough.
It turns out that this is what my immediate boss said before about finding a foreigner to make a fortune. He harvested more than 2 billion U.S. dollars in a few months. Do you call this a favor? Is the alms bowl a little too big?
Now Hua Yu and even his father Hua Yongming believe that one year from now, the valuation of Qunxing Capital can really reach 300 billion yuan.
Fang Hong's powerful harvesting ability in the capital market once again refreshed their expectations, and he took advantage of both internal and external markets. The sickle in his hand was not only fierce in A-shares, but was equally sharp in the external market, or even more so.
Even Hua Yongming couldn't help feeling that he should have invested more money and acquire more equity in Qunxing Capital last year.
Fang Hong, who was sitting on the sofa, smiled calmly and said: "I was about to tell you this. Tonight, all the short orders will be closed, and then 1.5 billion US dollars will be settled and returned to the mainland. The remaining profits plus the principal of 856 million US dollars will be used." Thirty times leveraged funds are converted to long positions, but the underlying targets remain the same.”
Leveraging 30 times leverage funds, the total amount of funds is 26.5 billion US dollars.
This time, Hua Yu didn't hesitate and nodded directly: "Understood."
The US$1.5 billion returned to China will naturally be used for the investment required for various layouts, such as Fang's Medicine Hall in the field of traditional Chinese medicine, high-tech industries, entertainment industries, etc., all of which require capital investment.
Hua Yu added: "Brother Fang, the meeting with the coal boss has been arranged. We will meet at the 'Zai Shui Yifang' nightclub around eight o'clock tonight."
Fang Hong nodded and said, "Okay."
The specific meeting place was decided by Boss Mei, it was either a nightclub or a bathing center or some other place, and "On the Water Side" was a local luxury club in Xincheng, but as long as it was within the boundary of Xincheng, it didn't matter where the meeting was.
…
At around 19:30 in the evening, a black Maybach was parked next to the entrance of a residential building in Binhu Community, attracting the attention of many owners who were coming in and out with curiosity.
This is Hua Yu's car. Naturally, he stopped here to pick up Fang Hong.
A few minutes later, Fang Hong walked out of the residential building. The waiting driver greeted him warmly and immediately opened the back seat door for him.
As Fang Hong entered the car, the driver closed the door, got into the driver's seat and drove slowly away from the community, heading to the "On the Water Side" nightclub, which is currently the most luxurious nightclub in the new city.
When they arrived at the meeting place, Hua Yu's assistant led Fang Hong to a box. As soon as he entered the box, he saw Hua Yu talking to a middle-aged man in his forties, that is the coal boss Li Yongzhi.
In addition, there are several young and beautiful ladies who are also drinking and chatting in this luxurious box.
I saw that the coal boss was having a lively conversation with Hua Yu. He put his left hand around the waist of a young and beautiful girl, and used his right hand to show his body language and said: "...I told the director of a movie I invested in the year before last. I don’t care how you create it, but this drama must promote positive energy!”
When the young lady who was holding his arm heard this, she almost lost control of her expression when she saw this crooked coal boss saying this seriously.
At this moment, Hua Yu was about to speak, and saw Fang Hong arriving in the box out of the corner of his eye, so he stood up directly.
Coal boss Li Yongzhi saw him stand up suddenly. He looked along his line of sight and saw the young man walking towards him. He also put down his hand on the young lady's waist and stood up, so everyone followed suit. When he got up, several young ladies chatting with him looked at Fang Hong curiously. The two bosses seemed to attach great importance to this handsome boy.
When Ling Yongzhi saw Fang Hong, he secretly thought that he must be the person Hua Yu was talking about. Although he was surprised that he was young, being able to be Hua Yu's immediate boss was definitely not an ordinary person, and he would naturally not be too big.
…
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