According to the characteristics of the domestic securities market, if you want to predict the trend of the next stage of the market, you can know as long as you grasp the trend of the social security fund. Because the social security fund is the country's money, it can only be earned and not lost. But it is also quite difficult to understand this in a timely manner.

The domestic securities market is a "policy market" at best, and the farms of the management and government departments are the farms of the management and government departments, but the farms are neither pigs, horses, cattle and sheep, nor fish, turtles, shrimps and crabs, but the hard-earned money of the people. As long as there is a shortage of money, it will run into the circle.

In such a market environment, there are naturally no market laws and fairness and trustworthiness to speak of, and every qiē depends on a word of the leader. This has created a strange phenomenon in which the truth of a lot of gossip far exceeds the black and white words in the news media. Therefore, if you want to make money here, you must not only have different technical analysis skills, but also depend on whether you have social connections that can get reliable gossip. In other words, it is necessary to be able to grasp the inside story of the management in a timely manner.

Although Pang Jindong did not have a familiar senior staff in the social security fund, he did in the Securities Regulatory Commission, so Pang Jindong immediately dialed Yin Shaoqiang's phone.

"Hello, Manager Pang, have you been doing well lately!What are you busy with?" Yin Shaoqiang did not dare to slack off at all to Pang Jindong, the uncle who starred in the A-movie, and his tone was extremely enthusiastic.

"What else can I be busy with, isn't it just that little thing about the fund company! Where can I compare to Director Yin, who studies a policy behind closed doors, and tens of millions of shareholders have to follow it!" Because Yin Shaoqiang's handle was in his hands, Pang Jindong spoke unceremoniously.

Yin Shaoqiang laughed dryly, Pang Jindong didn't give him a chance to speak, and instead greeted: "I don't know how Director Yin is doing recently!"

"It's okay, it's just that the blood pressure is a little high!"

After some greetings, Pang Jindong cut the conversation to the point: "Is there any news recently?"

"News?" From Yin Shaoqiang's tone, a trace of surprise could be heard.

"The recent stock market table is a bit weird, so I wonder if there is any policy to be introduced!"

"Where are there any policies to be introduced!" Yin Shaoqiang laughed a few times and told Pang Jindong: "The state has long begun to regulate the securities market, and the policy market is gone forever! But there are still many people like you, who are always suspicious and anxious to inquire about some inside information! I can only hope that you have some confidence in our management department......

Yin Shaoqiang's singing of these high-pitched notes is tantamount to staring at his eyes and talking nonsense. But there are too many things to set up a chastity archway when you are a bitch this year, which makes people feel strange.

Pang Jindong also smiled and said in a relaxed tone: "I just noticed some strange fluctuations in the stock market recently, so I want to know if there are any changes in the fundamentals!"

"Is it normal for the stock market to have any fluctuations!" Yin Shaoqiang was silent for a moment, and emphatically said: "At least as far as I know, there will be no change in the fundamentals!"

"yes, that's good......"

Hanging up Yin Shaoqiang's phone, Pang Jindong threw the phone aside, sneered and said, "Why are you going to the grave to burn newspapers - fooling the ghost!"

Pang Jindong was determined not to take some measures, Yin Shaoqiang would never tell the truth.

Although the black leather manual is not at hand, for the sake of insurance, Pang Jindong previously uploaded part of the content to the network hard drive, including Yin Shaoqiang's video.

Pang Jindong took a screenshot from the video, mosaiced the faces and important parts of the characters, and then named it "Candid Shooting the Love of Men and Women in the KTV Private Room" and uploaded it to a well-known video website.

Any kind of animal can have sex on any occasion without any scruples. But because of human intelligence, human beings also have a sense of shame, and both parties usually avoid each other when they meet each other's physical needs.

Because of the curiosity that humans have, people are very curious about these things about other people, even though they are not very different from each other. This further leads to two phenomena, one is the birth of pornography and has always had a broad market space, and the other is that candid things are often very popular.

The latter phenomenon caused the video concocted by Pang Jindong to attract a large number of clicks as soon as it was uploaded.

As Pang Jindong expected, in less than 24 hours, Yin Shaoqiang called Pang Jindong and said mysteriously: "I recently got a news that the state will adopt a regulatory policy on the stock market, and the specific measure is to increase the stamp duty rate to 3%. ”

"What?" Pang Jindong pretended to be surprised and asked Yin Shaoqiang: "How can this be?"

"The stock index has continued to rise, the price of the vast majority of stocks has been far from the actual value, even ST junk stocks have followed the chicken dog to the sky, the price-earnings ratio is high, and the bubble of the stock market is already very strict. Since the regulatory measures some time ago had little effect and failed to curb the crazy market, this time it was decided to take drastic measures. ”

"It is precisely because the stock index has been continuously rushed higher that it has exhausted. From all aspects, the stock market also has internal adjustment requirements, and the tightening of trading volume indicates that most funds are now very cautious. Moreover, the rise of the stock index was driven by the blue-chip stocks of the large market, and most stocks did not follow suit. Under the current circumstances, such a policy will undoubtedly be the last straw that breaks the camel's back. ”

"Yes, so I'm going to tell you right away from the risk. ”

Pang Jindong ignored Yin Shaoqiang's overtures, but continued his analysis, but at this time, the analysis went beyond personal gains and losses, but rose to the thinking of the development of the overall securities market: "Even if it is necessary to regulate, such measures should not be adopted." In the context of the stock markets of various countries are drastically reducing market transaction costs in order to attract more capital into the market and pursue higher market efficiency, the domestic management has a trend that is completely contrary to the trend of market development and reform. Raising stamp duty in such a rare way and magnitude will inevitably cause violent shocks in the stock market, and trillions of national wealth will be wiped out. ”

"The problem is that our bubble is really too big, and the international financial community generally thinks so!"

Pang Jindong said unceremoniously: "You really take the words of foreigners seriously! It is precisely you, compradors who have been bribed by foreigners, who have constantly used various methods to convey the fruits of our economic development to the developed countries in the West, and let foreign capital coerce China to agree to let them enter the domestic commercial banks at extremely low prices and make a lot of money, and then succeed again! If I am not mistaken, after the stock market falls sharply, foreign capital will flock in and make a big bottom! Then our management came out to save the market, so that the stock market turned around and rushed up again, and the result was that foreign capital made a lot of money again!"

Regarding Pang Jindong's point-to-point analysis, Yin Shaoqiang had no way to refute it, so he had to say vaguely: "Things are not as ...... as you say."

"Forget it, don't talk about it!" Pang Jindong sighed, and then asked, "When will it be announced?"

"If the message is accurate, it should be tomorrow!"

Pang Jindong sneered: "Your news is really timely!"

Yin Shaoqiang hurriedly explained: "The last time you called to ask me, it wasn't that I didn't say it, but I really didn't know. This decision was not made by us at the Securities Regulatory Commission, and we do not have the right to do so, but by the Ministry of Finance. It just so happened that one of my classmates worked in the Ministry of Finance, and he sued me..."

"yes, I see, thank you anyway!"

"There is one more thing, I ......" Yin Shaoqiang originally wanted to ask something, but hesitated for a moment and did not say it. After all, he is still smart, if the video is clear, it means that it is likely to completely tear his face with Pang Jindong, and this obviously does not benefit him at all.

Pang Jindong asked knowingly: "Is there anything else?"

"I didn't ...... No more ......"

"This old guy is quite fashionable, and he knows how to care about things on the Internet....... Pang Jindong thought so in his heart, smiled indifferently, and said to Yin Shaoqiang: "Goodbye!"

Putting down Yin Shaoqiang's phone, Pang Jindong immediately called Han Feng: "You immediately contact Qin Xiaotian and ask him to sell all the stocks before tomorrow, whether it is a fund management company or his securities company!"

Regarding Pang Jindong's sudden request, Han Feng was stunned for a moment, and then asked: "If Mr. Qin asks the reason, how should I explain it?"

"Then sue him, I found that there are signs of large funds fleeing in the market, and they are all social security funds, indicating that there are likely to be heavy changes in the fundamentals. Let him do it anyway, and if I misjudge, then I will bear all the losses that arise. ”

"Okay!"

Pang Jindong thought for a while, and then said: "If possible, let him go to the Singapore Exchange and fully short the Xinhua FTSE Index." ”

After explaining this matter, a stone in Pang Jindong's heart fell to the ground, but it was at this time that Pang Jindong suddenly realized that Yin Shaoqiang was hiding a despicable conspiracy.

Yin Shaoqiang probably already knew the news, but deliberately did not disclose it to Pang Jindong. If it weren't for Pang Jindong's knock on the mountain and the tiger, he would not have been able to say it by now.

Xiaodong Fund Management Co., Ltd. has just announced its quarterly report, and its three funds are currently all operating at full capacity. Once this policy is introduced, the market will plummet, and the three funds are likely to be trapped at a high level.

"Enough insidious ......" Pang Jindong thought secretly in his heart.

Yin Shaoqiang's news is completely correct, and at 12 o'clock in the middle of the night the next day, the Ministry of Finance issued an announcement that the stamp duty rate will be raised to 3% from the next day.

As a result, the stock market fell on the third day, closing close to the fall limit, and the stock market after that showed a unilateral downward pattern. The hard-earned money of countless shareholders evaporated out of thin air, and they wanted to cry without tears in the face of the market.

It is already shameless to make such announcements during non-normal working hours, and choosing to announce it at 12 o'clock in the middle of the night is even more shameless in VIP. But the person who made the announcement did not care, and instead did it again and again.

Since then, the policy market has made a comeback, indicating that the development of the domestic stock market will be more rugged and will face more wind and rain. And this wind is a bloody wind, and this rain is a bloody rain.

The administrative power is too strong, the market mechanism is too weak, the disclosure of information is too gray and the regulatory orientation is too chaotic, and these things, which have been completely denied, have resurfaced. The bull market did not come to look forward to the bull market, and the bull market came and feared the bull market -- the management of the domestic stock market has thus become the "Ye Gong" of the 21 st century.

A management team led by a layman has not really understood until now that the market is the market, and it has its own operating laws and development trajectory. This law and trajectory will not be changed by anyone's subjective likes and dislikes, nor will it be distorted by any external intervention. Forced changes will only bring about strict consequences. What layman management also does not understand is that this round of bull market has profound institutional and market differences from previous bull markets, and it is of great significance to the domestic economic system and economic development model that are undergoing comprehensive transformation.

Due to Pang Jindong's clear and unmistakable request, Qin Xiaotian ordered the managers to sell all the stocks as much as possible, and as a result, among all the open-end funds, only the three funds under Xiaodong Fund Company maintained their existing net value. This not only made the reputation of Xiaodong Fund Company rise, but also made the three funds face a huge amount of subscriptions when other funds were in a hurry. In this case, Qin Xiaotian resolutely closed the subscription.

Like Xiaotian Fund Management Company, Qin Xiaotian's Securities Company has also become a miracle in the industry. And because he transferred some of his funds to Singapore, as a result of this stock market crash, Pang Jindong and he not only did not lose money, but also made a lot of money.

Qin Xiaotian, who was surprised and admired by Pang Jindong, had a phone call with Pang Jindong under Han Feng's arrangement.

Pang Jindong still pretended to be in country M and told Qin Xiaotian: "I'm glad that my judgment is correct!"

"I've been speculating in stocks for so many years, I can't help but say that you are simply too godly......"

Pang Jindong said modestly: "It's not a god, there is also an element of luck in this! More importantly, Mr. Qin fully trusts me and does what I think he does!"

"If I don't trust you, will I cooperate with you!"

Pang Jindong smiled and said, "Then I should admire Mr. Qin's insight and heroism even more!"

Qin Xiaotian quipped, "You mean you're a hero?"

"It should be said that Mr. Qin gave me the opportunity to become a hero!"

"You're so polite!"

Pang Jindong thought for a while, and suddenly asked: "What is the market reaction now?"

"The most infuriating thing about this incident is that just a few days ago, the spokesman of the Ministry of Finance 'refuted the rumor' that the stamp duty would not be raised, so no one expected that there would be a rooster crowing in the middle ......of the night!

Pang Jindong added Qin Xiaotian's words: "But it's useless at all! They ignore them, and there is no way for anyone to take them! This is the characteristic of our country!"