At this moment, among the true and false news flying all over the sky, one of the fastest spreading and most marketable theories is that the illegal reduction of the shares of WeChat by major shareholders is a deliberate retaliation by someone, rather than simply to make money.

The purpose is to attack the SGX with this, so that it will fall into a situation where it cannot advance or retreat, and the palms and backs of the hands are full of meat, depending on how you deal with it.

The news is about to go viral for a day, and of course those people know that they are secretly angry, and they are angry that they didn't do it by themselves, but now everyone in the market suspects that they did it secretly.

The most angry thing is that I can't explain it, because if I really come out and say a few words, it will only get darker and darker, it's really the yellow mud in the crotch of my pants, it's not but.

In fact, those people are not stupid at all, and now they are extremely suspicious that this matter is Fang Hong's single-handedly planned operation to enter the game, and they also feel that this person's courage and ruthlessness, the giants with a market value of trillions dare to use it as an outcast.

But this is not the point, the point is at this juncture, even if you suspect that this is a play directed and acted by Fang Hong, even if you are very sure that there is no evidence of a real hammer, no one will believe it even if you say it, you will only think that you are deceiving a three-year-old child with this argument.

At this moment, they also reacted completely, realizing that Fang Hong had counted them to death, and it was expected that even if they were discovered by their intuition, there would be no way at all.

……

At the same time, affected by the news of this sudden "black swan event", the new stock 50 index plummeted across the board, and at about 11:37 a.m., the new stock 50 index broke through the 1,500 and 1,400 integer marks from more than 1,500 points one after another, and the lowest fell to 1,374.37 points.

This position is the largest decline that the CSI 50 Index can fall today, because when it fell to 1374.37 points, the decline had reached -10.00%, and it fell directly!

Investors from all walks of life in the market did not expect that the New Stock Exchange 50 Index would be pressed to the fall limit, and created history, becoming the first time that the New Stock Exchange 50 Index has had an exponential fall limit since the opening of the market.

And another new record is that in the same month, the new stock 50 index had an exponential limit and an exponential down limit, respectively.

Now the concept stocks of the galaxy have collectively fallen to the limit, and the field of the SGX has also staged a collective fall limit, more than 200 stocks only 31 non-galaxy stocks are red, and the rest of the stocks are all turned green, and more than 135 have fallen by more than 5 percentage points, and there have been 47 stocks down the limit, and now it has not closed, and the number of down limits may be further expanded.

However, the New Stock 50 Index was pressed to the position of the falling limit and did not block the falling limit, but only lasted less than a minute before rebounding.

There are funds that are buying the bottom on a large scale, and the funds that are buying the bottom are thousands of retail investors.

When the fall fell sharply in the morning, it was also a profit-taking flight with the main force of retail investors as the core, and institutions were also running away, but because of the T+3 model adopted by the SGX, the institutional funds that entered the first two days could not be moved now, and only the institutional funds three days ago could be operated.

As for the funds that are now buying the bottom, they are all retail investors, and institutional funds are a lot more timid, sometimes too smart to think too much is not a good thing, just the so-called reckless stealing, stealing, and reckless.

The relative stability of institutional funds has been restrained by the army of retail investors who operate at the reckless level, because thousands of retail investors regard K God as their faith, and now they are more convinced than ever that the New Stock Exchange 50 Index will definitely grow bullish.

When the SGX has not yet landed and can only play on the main board next door, the large-market index has fallen too much, as long as there is still money to make up for the position, the retail investors next door who can refinance and can borrow and lend ETFs dare to go on.

Now that the SGX has fallen sharply, you still dare not cover your position? Just kidding, the high probability of not covering the position is that there is really no additional funds, and the bullets have run out.

Some people who got on the bus late and regretted not entering the market below the 1000 points of the new stock 50 index now hope that the index can fall a little more to make up for the previous short market, and almost most people with a long-term investment strategy hope that the new stock 50 index can fall a little more.

At this moment, the violent fluctuations of the SGX today, the reason why it is obvious that both the long and short sides are an army of retail investors, because the five new stock 50 ETF funds are exploding a huge amount.

At present, observing the trend of retail investors, in fact, you only need to look at the volume and price trends of those new 50 ETFs to see a lot of information, because the army of retail investors basically cannot reach the entry threshold of the SGX, and can only take a detour to buy the new 50 ETF to participate in this market.

Today's situation is that several new 50 ETFs are exploding when the morning market falls sharply, indicating that the retail investors who got on the bus early and accumulated huge profits are cashing in their profits, and at this moment, they are rebounding from the price limit position, and they are also exploding, which is the retail investors who are short in front of them are buying the bottom.

The second is the institutional T+3 model, which inhibits the space for short-term arbitrage of large funds, and the large funds of institutions with normal investment will not pay attention to short-term fluctuations, as long as the investment logic at the time of entry has not changed, it will be held, and the short-term fluctuations of the time cycle will be smoothed out, and only the logic will be withdrawn.

With the market closing after 15 o'clock, the new 50 index did not stage a fall limit, but closed down -6.23% at a closing price of 1433.41 points, out of a golden needle bottoming out of the big black K-line, although it is also an exponential fall, but compared with the intraday fall limit, it is also a bit beyond market expectations, so that many people see the resilience of the new 50 index.

……

New city, Huayang Villa Meditation Villa, outside the gate.

At this moment, someone came to visit, and two people rang the doorbell and stood at the door waiting, and after a while, I saw that the housekeeping girl Paper Evelet came here, and walked out of the outer gate to talk to the visitors.

"It's not the right time for you to come today, Mr. Fang is not at home at the moment, he went out to investigate yesterday." Evelet said that the man in front of her who looked to be in his 40s was the top manager of the SGX, General Manager Wu.

"Out on research?" General Manager Wu was surprised to hear the news, and after a while, he hurriedly asked, "When will Mr. Fang return?" ”

"He didn't say exactly when he would come back, I can give you a call and ask him." As soon as Evelei's voice fell, and when she was about to call Fang Hong, General Manager Wu suddenly hurriedly said: "That's not necessary, don't bother him, I'll come over to visit him when he comes back, thank you for informing." ”

Evelet nodded immediately: "Okay, when my husband comes back, I will tell him." ”

General Manager Wu said with a smile: "It's hard work." ”

The conversation ended, Evelei Mei turned around and entered the gate and walked towards the villa, at this time, General Manager Wu also silently turned around and walked towards the car parked not far away, and the accompanying secretary also hurriedly followed the pace, opened the door for him, and then he also got into the driver's seat.

After a while, the car slowly drove away and gradually moved away.

On the way, General Manager Wu in the back seat was silently silent, and his secretary looked at the road conditions while driving and broke the silent atmosphere and said: "It's a coincidence that such a big thing happened in the capital market, and he actually went out to investigate at this juncture......"

General Manager Wu in the back seat sighed and said slowly: "I think he knows that I will come to him." ”

As soon as these words came out, the secretary who was driving was surprised: "You mean, he is deliberately avoiding you?" ”

General Manager Wu smiled bitterly: "This is an unknown ......"

The secretary was puzzled and said, "I don't understand, why did he avoid you in this matter?" It shouldn't be......"

……

(End of chapter)