The largest single-day decline in the history of A-shares was 7.9 points, and now it has created a decline of 8.1 points, which can't help but make investors think, if the market falls to the limit, what kind of scene will it be?

This is the same as suffering from Stockholm syndrome after suffering for a long time, obviously losing money in the stock market, and even firmly stuck in it, but on the contrary, I feel that it is also a great thing if all of them fall to the limit.

The market is down, the country should always take action, right?

Indeed, this weekend, the SFC had to meet again. Because it has been brewing for several days and watching the stock market plummet every day, this meeting seems to be much more flesh and blood. Not only did experts from all walks of life participate, but they also came up with a sunflower treasure book to deal with the crash.

That's right, the collapse of A-shares is not the first time in history, so the CSRC has an emergency plan. Thanks to the various emergency plans left by their predecessors, they were able to come up with the following measures in the face of this plunge:

1. Start the circuit breaker mechanism.

Drawdowns of more than 5% close trades for half an hour, drawdowns of more than 7% on the day on trades. This mechanic was used in the early years, but it was very frustrating. It's going to rain on this day, and the stock is going to fall, and relying on the circuit breaker is the same as relying on the water to control the blockage, which will only make the next day's circuit breaker come earlier.

2. Adjust stamp duty.

The main thing is to reduce stamp duty and stimulate transactions. This measure will be very effective in the downturn of the stock market, if it is combined with the adjustment of the bank's deposit reserves, it will release liquidity and send a strong signal of bailing out the market, and under normal circumstances, it can make the sluggish stock market recover.

3. Government funds are entrusted to the city.

This method is simple and crude, in a word, if you have money to go in, you can make the stock market rise. However, this matter is risky, after all, such as social security funds, they need to make profits, not to smash into the stock market to let retail investors stop losses. Retail investors can't lose, and the social security fund still has to make a profit, so who will lose? So this bailout measure is essentially a paradox.

In comparison, although the first way is very weak, it can at least demonstrate the country's determination to save the city. It's like a big flood, and it's better to block it with a sandbag first than to do nothing.

The second approach, which plays a modest role in the current situation of rapid decline, has lost its biggest killer feature. It should wait until the decline has stabilized, which will help stimulate market confidence and restart a wave of upward movement.

As for the third method, it is good, but it is no longer what the CSRC says.

Moreover, in fact, social funds in many places have already entered the stock market, after all, the stock market was so good before, even the aunts who sell vegetables have started to make stocks, how can the local government and even the state not bear not to get a piece of the pie?

Therefore, we should discuss how to get out of the social security fund, rather than the question of going back in.

It's just that this one is so secretive.

Therefore, we can only fuse it first, and then seek the opinions of the social security fund to enter the market, and then wait until it stabilizes to take other measures.

The plan was finalized and the meeting was adjourned.

This weekend, that's how it went. Monday should come or come, the stock market opens, and it can't be stopped, unless it falls below 7 points as soon as it opens, then according to the latest circuit breaker mechanism, the trading will end all day today.

A week of shorting made Shi Dali make a lot of money, far more than he made by going long before. Of course, pigs are not fattened and not easy to kill, so this is an excellent match for going long first and then shorting, making money before and after.

I'm not ready to stop, I'm ready to make it bigger.

Oh no!

Now that the circuit breaker mechanism is out, it seems that the rhythm should be slowed down a little and the line stretched a little. It's still easy to control the decline of seven points.

Sure enough, the market on this day fell by 4.7 points, and even the 5-point circuit breaker did not reach half an hour.

The SFC can make a difference. Through the weekend meeting, they came up with this good plan, and succeeded in stabilizing the stock market, which fell by only 4.7 points today.

Securities analysts began to preach again, after all, from a drop of 8.1 points to a drop of only 4.7 points, it is a big improvement.

However, retail investors found that although the market fell less, the index stopped falling and individual stocks remained. Most of the small-cap stocks still can't stop falling, almost all of them are almost down in the morning, and the ones that have stabilized are only super large-cap stocks such as PetroChina and China Construction Bank.

In the next few days, the broader market was almost like this, hovering around a decline of four or five points.

The stock market has completely turned from bull to bear, and it came so suddenly.

Compared with a large number of retail investors being trapped and the social security funds that have entered the market have incurred losses, another consequence of the sharp decline in the stock market is that most banks cannot sit still.

Before, it was only a Huatai Bank that fell, and now the entire A-share market is falling. You must know that since Huatai Bank pioneered a "stock speculation loan" and made a lot of money, not to mention private banks, even several large state-owned banks could not sit still, and increased the "credit loan" quota one after another, and engaged in "stock speculation loan" in disguise.

There is no clear figure for the total amount of loans in this, but it is definitely not a few, and it is unlikely that there will be trillions.

I thought that even if the stock market was turbulent, I could urge the borrower to sell the stock in time to repay the loan, but the turmoil came too quickly and violently, and when everyone reacted, they found that it had been cut in half.

As a result, some banks began to collect the money, and even filed a pre-litigation preservation directly with the court. That's right, according to the current market, if you are one day late, you will already lose the bank's money.

It's a pity that if the bank is in a hurry, the court still has to act according to the contract.

Borrowing money has a time limit.

Before the loan period expires, the borrower can repay it early, and the lender can do nothing. Of course, there are exceptions, where there is evidence of a significant change in the borrower's financial situation.

It's not so easy to get proof.

At the very least, it is not possible to say that pre-litigation preservation is taken as such.

Politics and law and finance are completely two lines, even if the CBRC is in a hurry, how should the court do things according to the law or how to do things according to the law. Otherwise, wouldn't it be messed up?

There is no way, you still have to solve your own family's affairs. Therefore, following the emergency meeting of the China Securities Regulatory Commission, the China Banking Regulatory Commission also convened an emergency meeting of major banks.

Song Qian was also invited to this emergency meeting.

Song Qian has actually been very busy in the past two weeks, not busy buying houses and selling houses, nor busy further expanding the capital scale of "Kejin Huabei", let alone managing the affairs of Dazheng Pharmaceutical Factory, after all, these companies have people who are better at running and managing than him. He's busy flying around the world.

Song Qian gave Lingcheng a talent apartment worth 1.5 billion, named Shuguang Apartment, and directly linked himself with Shuguang Group, plus the previous rumors, his marriage to Cao Ning had to be put on the agenda.

Cao Ning's reception of Yuanyuan at the front desk of the law firm gave Song Qian a deep impression at the beginning, a girl with a unique vision who wanted both love and bread, and provided Song Qian with several sets of luxurious marriage proposals.

The locations are all the world's top love meccas. And considering Song Qian's penchant for throwing money, each plan is very money-burning. The one with the smallest budget has a total cost of up to 5 million.