The next day, Thursday, August 12, the RMB exchange rate fell by more than 1,000 basis points again, and the previous value of the offshore exchange rate was 6.3901, and the highest intraday drop fell to 6.5939 today, with the largest intraday decline of -3.19 percentage points.

The maximum decline in two days reached 6.12 percentage points, which is equivalent to more than 60 million yuan of funds in two days, and 6.12 percentage points fluctuated in two days.

Some people are happy and some are worried, holding the dollar in their hands can be called a year's profits, and they can simply arbitrage the difference, and for some foreign trade enterprises whose profits are not high, and the people who happen to hold the renminbi are almost a year in vain.

For a time, the rumors were loud, the market rumors were flying all over the sky, and the European and American media were also "concerned" at this time, with headlines on the front page and special reports, which intensified the spread of panic.

The impact of this incident not only exceeded the expectations of the whole market, but also greatly exceeded the expectations of Yang Ma herself.

The continuous depreciation of the renminbi has also triggered the depreciation of currencies in many emerging markets, and the magnitude is even greater, such as Hashakta, Eros, Malaysia, Basi, Turkey, etc.

Global investors are beginning to worry about the recurrence of the Southeast Asian financial crisis in the ninety-seventh century, making the dollar further a hot commodity.

Now the global market is staring at the renminbi, and they are asking one after another: how much will the renminbi exchange rate depreciate? Should you sell RMB assets now? Will there be a situation of "double killing of stocks and foreign exchange" in the stock market and foreign exchange market? What's wrong with the economy in Greater China?

However, compared with the foreign exchange market, today's stock market has only retraced by 1 percentage point, and relatively speaking, the stock market has withstood the pressure, because the main funds of Qunxing Capital are still working.

But said that at this moment, Tian Jiayi was chatting with Fang Hong on WeChat: [The whole market didn't expect this, and you are the only one who accurately predicted the result, I didn't listen to you last time about over-the-counter allocation, and of course I didn't listen to you this time......]

Fang Hong sent a smile and a crying expression.

Tian Jiayi sent a message again: [Do we want to make a move in the foreign exchange market? ] ]

Fang Hong edited the message and replied: [No, don't expose our offshore ammunition first, don't jump out in a hurry, the real opponent has not yet been revealed, now the scene is chaotic, treacherous, there are too many uncertain factors, if there are variables, if you accidentally step into the air, you will lose all the plates, the situation is still in a chaotic period, and the first strike may be controlled by others, so at this time, we must maintain strategic concentration, we must plan and then move, and strike later. ]

After a while, Fang Hong edited the message and replied: [Besides, we proposed prevention in advance, we are not a professional fire fighting team, and the fire is not lit by us, it is very kind if we don't take the opportunity to arbitrage, not to mention that we are bleeding two trillion yuan in the stock market at this time, let us rush to the front line to fight the fire, and people can't open this mouth.] ]

Fang Hong edited the message again and sent it over: [By the way, go and sort out a material, I want to know the flow of international hot money in the mainland in the past 20 years, as well as the outflow of domestic capital. ]

On the other hand, in the face of doubts and panic in the market, Yang Ma was forced to fight fires everywhere, on the one hand, she promised that the RMB exchange rate would remain stable to stabilize market expectations, and there was no basis for a sharp depreciation; On the other hand, it also made a move in the foreign exchange market, and had to use foreign exchange reserves to sell dollars to stabilize the RMB exchange rate.

With the sale of the US dollar, the exchange rate stopped falling by 6.5939 and closed at 6.4663 today, but it still depreciated by several hundred basis points, an intraday decline of -1.19 percentage points.

Soon after, the market did not know where to come out of a market news that the intraday Stars capital shot to make the depreciation of foreign exchange fluctuations stop falling and rebound, many people also believed this news, because the previous A share crash to save the market two trillion can be taken and willing to take this money, it is not ruled out that the current situation in the foreign exchange market has Qunxing Capital shot.

But not long after this gossip came out, Qunxing Capital came out to refute the rumors in time.

The person who released this gossip was also quite sinister in his intentions, and he was a little provocative, and if he didn't come out in time to clarify and refute the rumors, it would inevitably make Yang Ma think that she didn't make any effort and came to grab the credit.

This matter is only an inconsequential episode, after the central mother used foreign exchange reserves to shoot, the foreign exchange plunge in the end is also pulled back more than half, in the next few days, the foreign exchange market is temporarily stabilized, there is no one day to depreciate thousands of basis points.

The stock market has also rebounded slightly in recent days, and on Monday, August 17, the broad market index rebounded again on the day by +0.71%, closing at 3,993.67 points, one step away from the 4,000-point mark.

In today's A-share market, the concept stocks of the galaxy can be said to have taken the limelight in the two cities, because today all 22 stocks once again appeared collectively up and down, and walked out of the record high, out of the market that made investors from all walks of life in the two cities jaw-dropping.

The market value of the new stock yuan hit 1,010.2 billion, which is the first time that WeChat has stood on the trillion market value mark, and it is also the third company under the galaxy to break the trillion market value.

At present, there are 8 companies with a trillion market value in the A-share market, and the galaxy accounts for 3, and today it has just stood in the position of a trillion market capitalization.

After the stock split, the quantitative capital rose today, and the stock price hit a record high of 107.13 yuan, with a market value of 1,497.6 billion, second only to the first line in the universe and ranked fourth in A-shares, and this round of reversal has risen from the bottom since the cumulative increase of +143.22%.

But to say that the reversal of the galaxy stocks is the most fierce, is the first of this year's king of the king of today's headlines, the stock today out of the limit, the stock price hit a record high of 210.40 yuan, from a low of 76.54 yuan up, the cumulative increase reached an astonishing +174.89%, the market value climbed to 263 billion.

The stock with the strongest rise this year is today's headlines, which has not been around for less than 5 months since the resumption of trading on March 9, and has actually gone out of the cumulative increase of +6475%, which has risen 64.75 times in less than 5 months, and it looks like this posture has not yet peaked.

However, none of the retail investors from the resumption of trading to get today has not been sold, many people are a short period of trembling to get off the car, and then get on the bus, over and over again. Some people also made a lot of money, but there were also unlucky people who ate big noodles.

In addition, after today's daily limit of Kyushu Blue Arrow, the market value has also come to the 800 billion mark, ranking among the top ten in the A-share market.

Looking at the current market value ranking of Big A, you will be shocked to find that the top ten listed companies, the galaxy has accounted for 4, almost half of the country.

No one expected that these tickets of the galaxy would not be the peak when the market peaked at 5178 points, and it would be a new peak in such a short period of time after the catastrophic market plummeted, and this trend was even stronger than the previous bull market period.

The people who have built positions one after another when the concept stocks of the galaxy were cut in half have gone crazy at this time, and there are also many people who have lost money in the previous explosion market and have relied on the surge of the concept stocks of the galaxy to recover blood and even make a small profit.

During this period of time, as long as people who dare to get on the bus and can hold it for a few days, they can basically eat big meat.

……

(End of chapter)