Chapter 1238 [It's all set off by peers]
The wealth fund launched a new round of fundraising plan to raise 2 trillion yuan, which is such an astronomical amount and is still from the middle and lower income groups, which will definitely have an impact on the property market, especially in second, third and fourth-tier cities.
Because according to its subscription requirements, the upper limit of funds is 1 million yuan, and it is based on families.
This amount of money can buy a house in third- and fourth-tier cities, and there is still some surplus in a down payment in second-tier cities, but in first-tier cities, 1 million is not enough for a down payment, so it does not have much substantial impact on real estate sales in first-tier cities.
For the establishment of the wealth fund, Fang Hong really positioned it as the role of "savings moving".
He wants to use his credit, ability, and reputation to raise funds from the private sector for development, so that the private sector can provide a part of the funds needed for development, and at the same time, he will also give them due wealth returns, enjoy the dividends of development, and let the people effectively obtain a relatively considerable sense of property income and gain.
This is a virtuous positive cycle that goes both ways, which is fundamentally different from those who actually cut leeks under high-sounding slogans.
However, in a sense, Fang Hong also has to thank those people, if it weren't for the fact that they did too much evil and ate too ugly, their reputation in the hearts of the public dropped to minus 10,000 percent, and today's Fang Hong and the stars would not have been so magnificent, let alone have such an unparalleled appeal today.
Moreover, in today's Internet era with developed information, the depth, breadth, and speed of information dissemination are not comparable to those of one or two decades ago, and everyone will soon know what happened.
The current situation is that for investment and financial management, more and more people have adopted a simple but correct strategy, either to cover their money well, or to invest in institutions with stars and Fang Hong as credit endorsements.
It is really difficult to discern what other people in other institutions are at, and they don't have the ability to discern and screen, but Fang Hong and Qunxing are sure that they can be trusted.
For most people, choosing Fang Hong saves the link of re-analysis and screening, and no longer bothered about it, because they know that he will not cut the leeks of the public, and for the public, there is only a simple multiple-choice question of whether to invest money or not.
The vast majority of people believe that Fang Hong really wants to lead the public to the road of prosperity and common prosperity, because he is not just talking, but also practicing with practical actions.
Therefore, a large number of people are willing to invest money in him and trust him, but there are too many to accept at all.
Under the framework of Fang Hong's design, the future role of the wealth fund is to continue to promote residents' "savings and move", and part of the funds raised from the private sector will be invested in the secondary market to hold equity in the SGX, and the other part will be invested in the primary market entity, mainly in technology-based industries.
Promote technological progress, give birth to more high-quality technology companies, and then these technology companies are listed on the SGX, and the wealth fund holds the shares of these companies, and the rise in stock prices and the rise of the stock market bring wealth returns and development dividends to the investment customers of the wealth fund, that is, the general public, and then in turn nurture the upgrading and development of science and technology in the real industry, and so on and so on and so
However, there are also prerequisites for this mechanism to continue to operate in such a positive cycle, that is, it is necessary to ensure that the SGX cannot deteriorate, and once it deteriorates into a field for a few people to grab benefits, it will be completely over, and this mechanism cannot be circulated, and the collapse is inevitable, so the SGX, the capital market, is a core hub and the top priority.
……
Over the next two trading days, the CSI 50 Index closed up +0.25% and +0.41% respectively to close at 225@ after hours
However, just after the boots of interest rate hikes landed, the trend of the dollar index surprised many people, and did not strengthen, but fell sharply by -1.18 percentage points on the same day, and the news of the interest rate hike had just been announced, and the dollar index trend fell sharply at a vertical angle of 90 degrees.
It is not surprising that the dollar index failed to pull up as a result of the official announcement of the US interest rate hike, which was expected at the beginning of the year, and now the announcement is also a boot landing. Because Americaka's new voice wants to de-globalization, and wants to return to isolationism, he wants to put America first.
The world situation has become more uncertain, and many people even joke that the biggest certainty for the world today is that it is full of uncertainty.
Capital does not like this kind of uncertainty very much, whether it is a good thing or a bad thing, capital actually does not care, but it must have certainty, because only certainty can be effectively arranged.
For example, if the stock market is determined to be good, then go long, and if it is determined to be bearish, then short, as long as it is certain for capital, it doesn't matter whether it is good news or bad news, the difference is just whether to eat long or short.
As time went by, the A-share market SGX opened at 9 a.m. as soon as the morning dawned.
As a result, the SGX 50 Index was not afraid of the news of the US dollar interest rate hike, and directly opened with an opening price of 2269.21 points in the call auction stage, and directly broke through the previous high in the form of a high opening.
When the market opened at 9 o'clock, it was also out of the barefoot yang all the way to open high, hold high and fight high, all the way to the volume of the attack, and the volume and price rose together.
After all, the current SGX has a strong expectation that the second phase of the wealth fund fundraising plan will be launched, according to Fang Hong's revelations on Weibo, it is determined that there will be a full 1 trillion scale of over-the-counter incremental funds will enter the secondary market, which is a real blockbuster, bringing trillions of over-the-counter liquidity to this market.
The strength of the new stock 50 index hit a record high, which also affected the opening of the main board index of the two cities next door.
As of the close of 15 o'clock, the Shanghai Composite Index closed up +0.84% at 3,268.94 points, with a turnover of 244.5 billion, the Shenzhen Component Index closed up +0.77% at .42 points, with a turnover of 306 billion, the ChiNext Index closed up +0.46% at 1,966.73 points, and the New Stock Exchange 50 Index rose 2.10% to 2,305.62 points, with a turnover of 379.3 billion yuan, and the total turnover of the three major trading markets was 929.8 billion yuan.
The New Stock Exchange 50 Index is much stronger than the main board indices of Shanghai and Shenzhen today, and a Zhongyang line with both volume and price rise not only further hit a record high, but also stood above the 2,300-point mark for the first time.
The current SGS 50 Index has continued to widen the gap with the ChiNext Index in absolute points, and the gap with the Shanghai Index continues to shorten, and from the perspective of market trading activity, the turnover of SGX today not only greatly exceeds the Shanghai Stock Exchange, but also surpasses the Shenzhen Stock Exchange, becoming the first in the turnover of the three major trading markets.
These data all show that SGX's position and influence in the A-share market have risen significantly, and it also shows that retail investors in big A are constantly "moving" from the next door to SGX.
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