Chapter 1657: Sleepless Nights

In the early morning of May 30th, it was Wednesday.

A special news released by the Ministry of Finance made those night owl type shareholders unable to sleep.

Stamp duty was reinstated from one thousand to one thousand.

It's just a simple notice.

But as an upstart in the competent department, Li Tingli dialed Fu Zhengyi's phone as soon as he confirmed the implementation of the policy, expressed a certain degree of apology, and then naturally asked him if he would take measures?

At home, he was watching a soap opera with the second elder, and there were still two hours before the official announcement of this policy, Fu Zhengyi returned to the study to check the situation on the Internet, but he couldn't help but wonder. "The news hasn't come out yet, and besides, why should we take measures?"

"The sudden increase in stamp duty, the market will inevitably react violently, the decline is expected, but there is no way to estimate how much it will fall, and the above is not ready to be beaten to death with a stick, but the rapid rise will lead to more regulatory problems, the scale of the trust is so large, and the number of shares held is so large, so it ......"

"So Director Li hurried to make a phone call and probe my tone to see what extent the policy implementation would have an impact on a public foundation of the scale of Weizhi Trust, right?"

The conversation was intercepted, but Li Tingli was also impressed by the other party's sharp thinking, although he also knew that such a temptation was not appropriate, but he still relied on the relationship with him to be quite good, urging him to answer quickly.

"Weizhi Trust is entrusted to Tang Yan to manage, there are many risks in the market, and black swans also pop up from time to time, but I believe she can handle it, whether it is from the market or from the policy side, if she does not have a corresponding response plan, it is her dereliction of duty, so unless she does not plan to do it, she will not take the initiative to ask my opinion......"

Because the news has just been released, what kind of reaction will the market make, Li Tingli is also uncertain, he knows that the bigwigs above are waiting for his report, but the words have reached this level, and he can't force the side to say it in too much detail, so he sighed helplessly. "Mr. Fu, your heart is really big!"

"Eat when you should eat, sleep when you should sleep, and don't participate in such a market if you have a bad attitude, otherwise you will definitely be unable to sleep at night......"

This is what he said, and Li Tingli's interest increased. "What? You still don't encourage retail investors to participate in market trading?"

"Wisdom Trust is the most professional, but also the most qualified fund management institutions, the grasp of information, the risk tolerance is not ordinary retail investors can imagine, although the stamp duty has increased, will lead to a large fluctuation in the net value of the trust, but the trust has not had the opportunity to buy stocks for three consecutive weeks, the irrational decline of the market, but provides a good opportunity to enter, retail investors are afraid of the time, When the trust is at the bottom, the most fearful thing for public funds is the irrational market decline, right?"

Li Tingli hoped that he was telling the truth.

Because the market's reaction to this policy has exceeded everyone's expectations.

For the next five trading days, no one expected the market to react so violently!

With a drop of 500 points and an amplitude of 1,100 points, the trading volume plummeted by 40%, and some stocks fell for three consecutive days.

Mourning is everywhere, and there are heavy casualties.

The overall market value has evaporated by seven trillion yuan, and the confidence of the market to do long has suffered a heavy blow.

The scolding was overwhelming.

The reasons used by the financial department of the initiators are above board and right.

The stamp duty has been raised from 1,001 to 1,000,000, a two-fold increase, which means that the financial department can get tens of billions of fiscal revenue every year.

In response to reporters' questions, a spokesman for the Ministry of Finance categorically rejected the accusation of 'rooster crowing in the middle of the night', claiming that the decisions of the relevant departments are public and traceable, and that the rumors of reinstating the stamp duty will be restored at an appropriate time since the beginning of May.

The subtext is actually quite easy to understand, and if it has nothing to do with people, where do the relevant departments need to bear any responsibility? What's more, the relevant departments have been continuously reminding investors throughout May and giving investors a preventive shot, but investors have ignored the risks, so how can it be possible to come out without paying some price in the end?

The net value of the trust is naturally falling, the magnitude is not large, but it also shows that the trust did not be able to predict the sudden arrival of the risk, which makes institutions and all kinds of bookmakers are also relieved, since the financial leaders are not omniscient, omniscient, the trust is not able to avoid all market risks, whether it is competition or cooperation, everyone is still playing within the rules, winning or losing, opportunities always exist.

It's just that the relevant departments didn't expect the decline to be so tragic, and the weekend also released a certain amount of good news, but unfortunately the market has the understanding of the market, even if the only trust on the second day of the big fall on the release of a series of articles on adjustment, about stock selection, etc., but also in the fifth day of the morning of the extremely pessimistic mood spread for the first time, With an extremely firm attitude issued a noon announcement, claiming that the market has fallen for four and a half consecutive days, although there are factors of policy landing, but the adjustment is also the norm of the financial market, high-quality stocks are scarce after all, Weizhi Trust follows the investment philosophy of "buying in the fall, selling in the rise", and has invested heavily in the blue chips that were killed by mistake again on the same day, and the Weizhi Trust also once again called on investors to invest rationally, not to destroy confidence for the temporary decline of the market, Out of fear of the fall, I handed over the cheap chips that I bought with my hard-earned money and prepared to hold for a long time!

The official announcement of Weizhi Trust made the retail investors who speculated on stocks through the Internet have the courage to pluck up the courage at the first time, and also made the bookmakers from all walks of life who have to stick to their positions grateful.

With such a violent and ferocious decline, a public fund of the size of Weizhi Trust and with the title of almost 'always winning' dares to enter the market at the most pessimistic moment.

As a result, half an hour before the opening of the afternoon market, dozens of quickly concocted 'strong buy' suggestions were quickly disseminated and spread through the Internet.

Li Tingli, who worked with various ministries and commissions to study countermeasures for the irrational decline in the past few days, couldn't help but breathe a sigh of relief after learning the relevant news.

There is no shortage of funds in the market, and there is no shortage of bold bottom-pickers, but there is a lack of market leaders who can raise their arms and shout and gather followers.

Weizhi Trust is worthy of being a pioneer in advocating 'rational investment', and its ability to boost market confidence alone is what all parties are extremely looking forward to, but nothing can do......