A-shares fell after Hong Kong stocks fell, Hong Kong stocks fell perfectly, stocks fell.

The time to buy the bottom has not arrived, and it is not so easy to short A shares, and after making a little money, Fan Liancheng's life has returned to calm in the short term.

The resentment of shareholders is not so easy to dissipate, as the representative figure who has reduced the most holdings, Fan Liancheng has actually been at the center of the storm.

Keeping a low profile is a trick.

In mid-June, he took time off work to stay on Brando's private island for two weeks, backed by real profits, and the rest of the shareholders and executives had nothing to say about it.

Fan Liancheng goes out for a walk, which does not mean that the stock market has settled.

With the ups and downs of the stock market, all kinds of true or false news are scattered every day, affecting the sensitive nerves of countless people.

He snorkels, rows, swims and walks on the island, while the stock market is cracking down on the allocation.

The Shanghai Composite Index fell below 4,000 points and returned to the beginning of the three-word trend.

The pension fund has just announced a bailout, and the proportion of capital contribution is set at 30 percent, and the impact of the good news is not good.

Fan Liancheng can receive a summary report on the recent situation every day, and the special verification of illegal market manipulation has finally begun, from July 1 to July 3, thousands of stocks have fallen every day.

The over-the-counter allotment is basically all liquidated, and most of the umbrella trusts are also liquidated, and the liquidation of normal margin financing and securities lending business is common, and the amount of money involved is extremely considerable.

There are remarks that systemic financial risks may come at any time, and some people who have been trapped have taken advantage of this to force the national team to rescue the market.

On the 4th, a phone call came to Fan Liancheng, with a heavy tone, quite a bit of a crisis.

Fan Liancheng undoubtedly held a different view, believing that the good time to intervene had not yet come, and bluntly said that now it is just a group of people who do not want their interests to be damaged, and try to let a group of state-owned financial enterprises pay for their greed, and should let the market continue to fall, and then protect the basic disk and re-establish the order of the financial market.

You must know that the enterprises managed by Fan Liancheng belong to private enterprises.

Therefore, on the 5th, it was announced that 21 brokerages would join forces to rescue the market and prepare to use more than 100 billion yuan to buy blue-chip ETFs, but Fan Liancheng did not get involved, but only promised to use funds at the right time to help palletize in the secondary market and avoid falling below the reasonable price of many blue-chip stocks.

Don't look at just a fluttering promise, the amount of funds involved behind it may not be less than that of the 21 brokers.

With this guarantee, it is enough to satisfy many people.

For the short orders of A shares, all the positions were closed and delivered on July 3, and to Fan Liancheng's surprise, he was actually found in this piece.

The reason for the surprise is that I can't figure out why shorting has become malicious, and why not find the reason from the market itself, but it can only be bullish, not bearish.

Fan Liancheng was quite depressed, but the stick would not hit him, because he had passed the qi beforehand.

Shorting is not wrong, whether it is defined as "malicious" or not, the difference is big.

The good news is out.

At the opening of the 6th, the Shanghai Composite Index rose by more than seven points, don't think that this is a signal that the market is picking up, and almost touched the threshold of 4,000 points again, but as of the close, it was a scene of countless stocks falling together.

Fan Liancheng was not surprised.

The sharp rise is because countless funds have fled through the flesh, and there is no way to escape if it does not rise, as he expected, it is definitely not a good time to fund the bailout.

The seventh opened, continuing to fall 1,000 shares.

More than 20% of the total scale of the equity pledge of major shareholders has reached the forced liquidation line, which means that many funds are taken away by shareholders at a high level.

Fan Liancheng also pledged part of the shares in the bank, but that was before the stock market rose earlier, the nature is completely different, from the current Longcheng Group to maintain a market value of about 340 billion yuan, far from the liquidation standard, the value is higher than the pledge, it stands to reason that you can continue to lend a sum of money from the bank.

I couldn't continue my vacation, so I finally flew back to China and took charge of several companies in person.

There is a time difference between Tahiti and the mainland, and the work and rest time are different, which leads to a lot of inconvenience during Fan Liancheng's communication with his executives.

There is an undercurrent in the stock market.

Some people photographed Fan Liancheng at the airport, and the news spread to the Internet and was followed by people with a heart, thinking that Fan Liancheng could turn the tide and come back to buy the bottom.

However, in the past month, the stock market has risen and fallen, and many shareholders and investors have waited until the flowers are gone, but they still haven't waited for Fan Liancheng to make a move.

There has been some news of increasing holdings, and Fan Liancheng has raised about HK$3 billion to repay debts and expand its scale to avoid getting bogged down in debt, as the parent company of the resort hotel brand Banyan Tree, which has a business in many scenic spots.

With this money, it is expected to turn a profit in the second half of the year.

Fan Liancheng's private business through Liancheng International Group is equivalent to investing in hotels and real estate, and the news has been transmitted back to China, causing a little turmoil.

No way.

It's not that Fan Liancheng doesn't want to make a move, but looking at it, the value of many listed companies is still inflated, and the basic plate is supported by the national brand team, which is equivalent to pinching a bubble that will burst at any time in his eyes.

Got it right again.

In mid-August, the Shanghai Composite Index finally couldn't hold back, falling below 3,000 points, and returning to the beginning of the second word.

The bubble is a bubble after all, whether it bursts early or late, it will eventually turn into nothing, and it was only then that Fan Liancheng used his own funds, the idle funds on Longcheng's books, and the idle funds of the fund business to enter the market and hoard a batch of blue chips.

The total value is about 36 billion yuan, including liquor stocks such as Moutai and Wuliangye, white goods stocks such as Midea and Gree, as well as a number of pharmaceutical and energy companies.

This investment follows the principle of only looking at the current price-earnings ratio and the increase in revenue and profit in the past three years, and uses the model to find high-quality companies that are worth holding for a long time, mainly in the consumer sector.

Even if the Shanghai Composite Index falls below 3,000 points, Fan Liancheng still feels that the value of many stocks is inflated, and there is no need to invest, and it is even better to eat interest in the bank, at least from the perspective of inflation, it will make a steady profit and not lose money.

At the end of August, he invested in Sany Heavy Industry and tried to negotiate with Datang Telecom to acquire their stake in SMIC.

In this case, a woman came to find Fan Liancheng, the woman who almost became his blind date back then, Bai Wei......