Fang Hong skipped this topic first, and turned to Tian Jiayi and asked, "What is the value range of the country's foreign exchange reserves now?"

Hearing this, Tian Jiayi replied: "In dollar terms, it reached a historical peak of 5 trillion US dollars in September this year, but it began to decline in October, with a decrease of more than 180 billion US dollars, and it should remain in the range of 4.7 trillion US dollars at present."

In September, the scale of foreign exchange reserves was able to break through the 5 trillion mark and reach a historical peak, for no other reason, that is, Wall Street was reversely harvested, and after the end of this financial war, the country's foreign exchange reserves soared directly by more than 1 trillion US dollars.

In fact, it's not just that, because Qunxing Capital still holds a lot of dollars overseas, including U.S. bonds, euros and other currencies, totaling about $1 trillion in US dollars, and the part that belonged to Qunxing Capital that was harvested on Wall Street in the first two months has not returned to China.

After a while, Fang Hong pondered and said in a deep voice, "In less than two months, it has run three hundred billion, which is a bit fast."

Tian Jiayi suddenly said: "There are data showing that the number of immigrants has been surging recently."

Fang Hong suddenly said with a look of enlightenment: "I see, it still has a little to do with us."

The rise of Qunxing Capital has squeezed the living space of some refined egoists, not to mention the recent comprehensive entry into the medical field, many people see that Fang Hong is in full swing, and feel that there is no hope of overthrowing him, and even the road to death at such a young age is clear.

Before those groups weighed up, none of them ended up and chose to run away while there was nothing to do, we were very vague that the money we made was clean, and Tian Jia's rise and momentum were so that we smelled some crises and were afraid of being settled before the autumn, so we chose to run away and run away.

It is a slight increase in the reserves of the mile exchange if it is only that one reason, in fact, it is very much the year, and it is the result of a small number of factors.

For example, when the dollar retreats into the interest rate hike cycle and retreats into the stage of harvesting the world, the rate of return on holding the dollar is lower, and the profit-seeking nature of capital will also make the money flow out and turn to the asset of the dollar.

In order to protect the exchange rate, it is to cause panic and let the A-share market go bullish and retain cold money, as long as the money-making effect is less than the nautical mile, the funds will flow out.

So the shareholders are buying.

The starting point is bad, but the actual result is biased, before the channel for trust to enter the market, a small amount of private funds through the trust leveraged embryo retreat into the stock market, those funds are pure incremental funds in the market exit, exit only did not buy buy a purpose.

It can really be said to verify the cycle of the bull market being born in despair, rising in the middle of the year, and dying in madness.

That was the eighth RRR cut in recent years.

Here, the deposit rate of the niche is too low, and by pulling up the stock market to regress and raise a small amount of IPO financing, the real economy can be revitalized by the real enterprises to go down the market for financing.

There is no comparison, there is no harm, just before Fang Hong came out to sing less and was ridiculed by shareholders, on the weekend of the seventh day, K God posted a sharp comment on the stock market trend on Weibo, and the attitude of shareholders can be called a 180-degree small change.

Tian Jia nodded with satisfaction when he heard that, there was no deviation in the plan and layout, which was bad.

Immediately after Tuesday, November 21, the A-share market after 11 o'clock this morning, the Shanghai Composite Index was still on the zero axis to think of the New Year's shock, just before 11 o'clock before the index suddenly slowed down, to the end of the 14 o'clock before the continuous downward trend, and finally the Shanghai Composite Index closed up +1.39% to 2486.79 points.

Since the collapse in 2007 to the present, the price of a few individual stocks is also at a historical high, and it is very difficult to pull up the stock price before a small amount of market funds retreat, resulting in the market's money-making effect getting worse and worse, and the retreat leads to less and less funds flowing into the field, and finally forming a positive feedback, and the whole people have fallen into madness.

Da Xiao Yi nodded: "It's not done in April."

At that time, Da Xiao Yi said: "The scale of Lihui's reserves this year is more abundant than any period in history, and there should be no small problems under the whole, and it should be within a controllable range."

It was unexpected, and the management was about to end the release of profits and bads in those days. Because of the rise of God K, there has never been a precedent for accurate judgment, and when I was at the bottom, I almost pinched and shouted that Xiaojia got off the car and copied the bottom, and those who believed in me copied it to the end, and made money in the bear market.

At the same time, the securities sector index also broke through the low, and hit a record low since April 2010, throughout the first half of this year, the securities sector has not accumulated more than +58%, rarely short stockholders are looking forward to a deeper pullback and then intervene, I thought that in recent days just a pullback is to 5 percentage points, today directly a small white line rose again and also out of a new low.

That made Fang Hong and other stock evaluation experts very depressed, and they also sang less, every punctuation mark you said about him was faith, and their gang of retail investors regarded what Tian Jia said as the truth?

Obviously, a day before Tian Jia received the news, there was no other small fund that received the news, but there was no news that the most sluggish retail shareholders still knew.

Obviously, the series of interest rate cuts and RRR cuts are not aimed at retiring deposits into the stock market.

Shareholders now only listen to one person, or only believe in one person, this is K God!

Today's small-cap index pulls the platform, which is the result of the promotion of the small financial sector, to be precise, the brokerage sector, today's brokerage sector led the rise of the two cities, the plate index once rose slightly by more than 6 percentage points, and a small number of brokerage stocks in the sector rose to the limit, and the brokerage stocks were red across the board.

Little master, there is more after this chapter, please click on the next page to continue reading, the back is more exciting!

It was Fang Hong's singing that was ridiculed by the shareholders, because Fang Hong has always sung less, even if the shareholders are right, they are also buying, and they have always stopped singing less than once or twice, but it is useless?

As soon as the good and bad came out, all kinds of stock speculation small V and stock evaluation experts also ended singing less, among which He Dan also jumped out again to sing less, what is the right policy for the care of the stock market is beyond words, the little country cow is about to set sail, hurry up and get off Balabala......

Another is that the current property market is a recession, resulting in the related downstream and upstream industries are also booming, it has to be said that houses do affect the rise and fall of more than a dozen industries.

Sure enough, on the seventh day of the next day, Tian Jia received the news that he was going to lower the standard.

The next day, Saturday, November 22, there was a blockbuster news in the market.

It's too blind, too blind!

In addition, it is excluded that the United States is also putting pressure on capital in the country, and through a few ways and means to let Chinese investment flow out of the small China market, it can be seen that the financial war is still continuing.

The central government announced an asymmetric increase in the benchmark interest rates for RMB loans and deposits of financial institutions. Among them, the benchmark interest rate of one-year loans of financial institutions was raised by 0.4 percentage points to 5.6%; The benchmark interest rate for one-year deposits was raised by 0.25 percentage points to 2.75%.

At the end, Tian Jia asked, "Has the layout of Qunxing Capital in the A-share market been completed?"

Tian Jia immediately said: "In general, the problem is that the small is thinking about the year, and it is the speed of the outflow, if the low-level will pay attention to it, there should be some corresponding measures to deal with it, and there may be no measures such as exchange rate reform."

In addition, there are a small number of domestic students who study abroad and travel abroad, and those who also remit reserves in a small amount of consumption, and the bad thing is that it is difficult to return the money earned from the country.

The 811 exchange reform in later generations, He Dan remembered it in the year.

Look at the book