The next day, Friday, July 31.

Following Wednesday's explosion and yesterday's shrinkage rebound, today's A-share market opened, the two cities directly jumped high, and the Shanghai Composite Index opened at a higher price of +1.00%, which made the popularity of Wednesday's late meat cut to beat their chests.

The first hour after the opening of the two markets went a shock and stepped back, and at about 10 o'clock, the market stepped back on the 10-day average price line and made up for the control gap below and then began to fluctuate all the way up, to reverse the big black line on Wednesday the day before yesterday.

There are many shareholders who are not convinced, and feel unwilling to be washed out, and they are killed again today.

……

Trading room on the second floor of the Tranquility Villa.

At this moment, Fang Hongzheng is methodically directing the girls to buy and sell transactions, while dealing with yesterday's tickets, running what should be running, and continuing to hold what is not sold.

Today, he is still involved in writing a new target, and now he is doing it in rotation with half a position, and he is not working hard with a full position.

At the same time, Fei Liang, the trader of Xinhong Securities' proprietary market next door, saw that the target that the big guy intervened in was not moving at this moment, and immediately said to the traders under his hand: "Zhongguo COSCO, Zhonghai Container Lines, Zhongguo Shipping, Zhongyuan Shipping, and Zhongji Group have all started to buy!"

The big guy "mined" yesterday and "chartered" the rhythm of exporting today, and this one went back to the ticket with the prefix of the shipping sector.

After a while, Fei Liang refreshed Fang Hong's background data, and saw some new tickets involved, so he said decisively: "Mark Baotou Iron and Steel Co., Ltd., Jinan Iron and Steel Co., Ltd., Antai Iron and Steel Co., Ltd., Antai Group, and Yanjiao Chemical."

After a while, Fei Liang refreshed the background data and continued to mark several targets of the big guy, he found that the big guy was doing half a position in the past two days, and he also reduced half of the position in equal proportions.

It can be said that Fei Liang is almost mirroring Fang Hong's ticket, anyway, he is lying without a brain.

As of today's close, the Shanghai Composite Index rose +2.72%, reporting points, and the 3400-point mark was lost; The Shenzhen Component Index rose +3.00% to report the point, and the total trading volume of the two cities was 334.6 billion, shrinking and rising again.

Account position data after closing:

Holdings: 15 stocks

Profit and loss for the day: +56.3 million yuan

P&L: +2.61%

Cumulative revenue: 1,511,250,000 yuan

Total Return: +215.89%

Total assets: 2,211,250,000 yuan

At the close of today's market, Fang Hong's account position only has 4.5 layers of positions overnight for the weekend, and next Monday will open the market to cash out the 4.5 layer positions and rest in short positions.

……

At around 17:35 in the afternoon, Tian Jiayi returned from work and reported to Fang Hong on the company's liquidation in the A-share market.

"All the targets that need to be cleared are all cleared today, and the company's A estimate of the market is 122.5 billion yuan, and the company's cash reserves are currently about 131.8 billion yuan." In the study on the second floor, Tian Jiayi was reporting the matter to Fang Hong.

"You give this material to Hua Yu." Fang Hong handed the folder he had placed on his desk to Tian Jiayi, and added, "Just follow the requirements in the materials to perform the corresponding operations."

This material is the target of the A-share listed company that Fang Hong has re-screened in the past few days, and the market will fall rapidly in the next month, and then Qunxing Capital will enter the market again to buy the bottom.

It not only solves the potential trouble of being used by some institutions in the past, but also forces to make a profit by the way.

For the second time to enter the market, the company paid 70 billion yuan by itself, and then pledged the 700 position shares to put out about 30 billion, that is, about 100 billion to go long in the A-share market.

At present, the volume of big A is not suitable for too much capital, this time the 100 billion funds entered the market, the vast majority of the stocks of the division are not intended to hold for a long time, except for a few core assets that can cross the bull and bear, the rest will be withdrawn around the end of December this year.

Therefore, you can't increase the leverage indiscriminately, lest the meat you eat spit out again, and if you have a quilt, you either cut the meat or you have to get it

Wait until 2015 to solve the big bull market.

Even some of the core assets that can cross the bull and bear have to depend on the situation, such as the future of Mao Yang because of the "three public" consumption problems, the stock price has been cut in half, and it is definitely necessary to avoid risks.

Fang Hong's expectation is to achieve a return rate of +30 to +35% by the end of the year, that is, a profit scale of 30 billion ~ 35 billion.

Tian Jiayi took the document handed by Fang Hong and looked at him and said: "There is one more thing, today Mr. Hua gave me a hello, the 10 billion funds that Huayang Group replaced you plan to directly convert debt into equity and change the equity of Qunxing Capital."

This 10 billion yuan of funds is last year Fang Hong with his next 30 years of beneficiary rights to replace with Huayang Group, at that time Fang Hong also told Hua Yu that if Huayang Group does not plan to get this money back this year, then debt-to-equity swap.

With a valuation of 350 billion yuan, it will be integrated into Qunxing Capital, so that the 100 billion yuan will belong to the assets of all the assets of Qunxing Capital, and Huayang Group will obtain 2.85% of the equity of Qunxing Capital.

Of course, Huayang Group does not directly hold the equity of Qunxing Capital, but is embodied in the limited partnership "Sanxing" that controls Qunxing Capital.

If the investor wants to invest in Qunxing Capital, he does not directly hold shares in Qunxing Capital, but invests in the company "Sanxing" as a resource party, and "Shenxing" only holds shares in Qunxing Capital, so calculating the consideration to invest in "Sanxing" is to invest in Qunxing Capital.

Previously, Huayang Group had invested 10 billion yuan in Qunxing to get 5% of the equity, and this time it was decided to convert the 1000000000000000 into debt-to-equity, diluted and converted, Huayang Group is equivalent to holding 7.7% of the equity of Qunxing Capital.

Hua Yu's 1% stake will be diluted to 0.97%, and as an executive of Qunxing Capital, his equity is placed in the company "Zhenxing", and "Zhenxing" also holds shares in Qunxing Capital, the logic is the same as "Sanxing", except that "Zhenxing" is an internal executive employee of Qunxing Capital.

Once the debt-to-equity swap is made, the pledge agreement signed between Fang Hong and Huayang Group for the next 30 years of beneficiary rights will also be terminated.

In the end, Fang Hong simply said neatly: "No problem, just follow the process."

Tian Jiayi nodded: "Okay."

Now Huayang Group really no longer doubts Fang Hong's valuation of Qunxing Capital, and now the scale of net assets alone has exceeded more than 200 billion, and it only took a year to swell to such a terrifying volume.

It's incredible to think about.

But both Hua Yu and his father Hua Yongming know that this is true, because they both know and have witnessed all the way how Qunxing Capital has risen in the past year.

So it's even more shocking!

Tian Jiayi left the room after the report, she returned to her room, changed her work clothes into body-shaping fitness clothes, the perfect body curve was outlined, and the beautiful assistant who had completed the change went to the fitness room to exercise her figure.

At this moment, Fang Hong was still in the study, he opened the computer and logged in to the K3478 Weibo account that had not been online for two months.

Looking at the number of followers, it has now reached more than 1,200, and he is currently the largest financial investment blogger in China.

Fang Hong immediately updated the new news, uploaded the screenshot of the prepared account income, and edited the text at the same time.

This time posting on Weibo is singing short, it is based on judging that the village hopes that the market will cool down, and at the same time, it can be regarded as persuading their fans not to send it, as for how many people will listen, then leave it to fate.

At this moment, Fang Hong estimated that this Weibo dynamic was released, especially after the market fell, the number of fans would most likely usher in a surge, and it would not be too much to reach 15 million.

After thinking for a while, Fang Hong immediately tapped on the keyboard and began to edit the text content:

[Today's July officially ended, the total assets of the account on July 31 were locked at 2,211,250,000, from the end of May to the institutional account to the present, two months to make a +215% yield, and the absolute profit is more than 15

Hundred million. 】

[Entering the A-share market around July last year, it has been exactly a year, with nearly 60,000 yuan of capital to enter the market, it has begun to do more than 2.2 billion now, and the return on investment this year is +%, that is, 32,800 times, which is still quite satisfied, hehe......]

[Let's talk about the market situation, how will the A-share market go in the future? ] Personally, I judge that the market will usher in a period of adjustment in the next August, and the overall market in August is bearish, and the reasons for being bearish are as follows. 】

[Factor 1: The market lacks hot spots and new catalysts; 】

[Factor 2: The month-on-month growth of industrial added value has been broken; 】

[Factor 3: Release the selling pressure of profit-taking orders, there are too many profit-taking orders in the early stage, or even close to doubling the profits; 】

[Factor 4: New loans are decreasing, the scale of credit in July may be far less than in June, and the market is facing financing and refinancing pressure; 】

[Factor 5: The issuance of new shares has accelerated, and the GEM Issuance Examination Committee has been established, which is expected to be launched soon, which will disperse market funds for individual stocks from the perspective of expansion, and the GEM will absorb a lot of liquidity from the main board; 】

[Factor 6: The fund position is too high may be redeemed, many fund positions have reached more than 90%, I personally think that the current market is hot so that the investors who have been trapped have reached their return line, it is estimated that there will be a lot of people who see their funds return to the capital and start to redeem, resulting in fund managers in the stock market have to sell stocks to deal with the redemption pressure of the people. 】

[Generally speaking, for the market in August, individuals are mainly bearish, and the strategy is to rest short positions, and at most take a small amount of 100 million yuan to play to maintain attention and tracking of the market. 】

……

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