In the afternoon, Meditation Villa.

Tian Jiayi handed Fang Hong with a copy of the material and said: "Chen Yu's internal meeting with a group of domestic and foreign manufacturers is over, this is the meeting minutes, it is said that the meeting was very exciting, Chen Yu at the meeting made a group of foreign company representatives lose their temper, the meeting results were also very successful, a group of domestic company CEOs expressed on the spot to fully transform to the hAC ecology."

Fang Hong took the meeting minutes and browsed through them, and after a while, a smile appeared on his face, and he stared at the materials with satisfaction: "This kid is really good at my temper, his level of field control is very good, and he is very well measured, he is a rare handsome talent."

Seeing that he was not hesitant to boast and affirm Chen Yu, Tian Jiayi couldn't help but be curious: "Listening to what you said, do you deliberately want to train him, send him to the Stars Board of Directors in the future, and even let him take over your class?"

Hearing this, Fang Hong was also speechless for a while, rolled his eyes at her and shook his head and smiled: "This kind of thing is why you dare to say it so openly in front of me without any worries."

The beautiful assistant who reacted couldn't help but smile after thinking about it, and then said, "Oh, I almost forgot, you are younger than Chen Yu in terms of age, and it won't be his turn to take over the day when you really need someone to take over your shift, maybe he will retire one step ahead of you......

Tian Jiayi approached Fang Hong and said playfully, "I know my mistake, then you punish me, just punish me for helping you clear the warehouse and go to inventory!"

"Is this a punishment? It's clearly a reward, and it's a good wishful thinking." Fang Hong glanced at her, retracted his gaze and said to himself: "Chen Yu is a scientific and technological talent, and his main focus is on scientific and technological breakthroughs, this is the point, and mentioning him to the board of directors of the stars will only distract him, and besides, our subordinates are like clouds, and we have not yet reached a situation where no one is available."

At this moment, the beautiful assistant didn't bother with Fang Hong anymore, and forcibly wanted to clear the warehouse for him, which suddenly made him feel "big", and the helpless Fang Hong had to clear the warehouse and go to the inventory first.

After a long time, Fang Hong asked, "How is the adjustment of the second round of the announcement of the reduction of the wealth fund?"

Tian Jiayi, who was in his arms, heard his question, closed his eyes and replied lazily: "It has been arranged a long time ago, according to your latest requirements, it will be adjusted from May 2 to Wednesday, May 10 to disclose the second round of shareholding reduction announcement, and it is expected to cash out about 800 billion."

As soon as her words fell, Fang Hong suddenly turned over.

Tian Jiayi: "Still coming?"

Fang Hong: "Are you coming?"

Tian Jiayi: "Come on."

Fang Hong: "Are you here?"

Tian Jiayi: "It's here."

Fang Hong: "Come together."

……

Time into May, this May Day removed the weekend and weekend on May Day holiday, May 2 is the working day, Xingyu Technology also announced the specific date of the summer new product launch on the first working day after the holiday, determined to be Tuesday, May 16.

This press conference has been warming up for some time, and it can be described as highly anticipated and highly anticipated by all parties.

At the same time, the A-share market fell further after the holiday, because the 15 trading days after the previous announcement of the wealth fund to reduce its holdings have passed, and it has begun to reduce its holdings in the secondary market as planned, and the market has begun to come under pressure.

The new stock 50 index also came out of the five consecutive declines, but the overall decline was smaller than the previous four consecutive declines, because the market had long expected it, and they all knew that there was such a thing, and at this time, there were market makers such as Zhongtai Capital in the market.

In the five days, the SGS 50 index fell by -0.36%, -0.57%, -0.40%, -1.04 and -0.86%, respectively, although the decline was not large, but it still fell below the previous low, and fell below the 2200 mark again, down to 2188.45 points.

The next day, Tuesday, May 9, the New Securities 50 Index stopped falling for five consecutive days, rebounded +0.77% on the day, and closed at 2205.37 points, recovering the 2200-point mark again, and there were signs of stabilization on the disk.

At the opening of Wednesday, May 10, the new stock 50 index opened in a narrow range in the morning, and then slowly climbed higher, and the signs of stabilization after the second dip became more and more obvious

stocks, which also drove the New Stock 50 Index to climb.

There are still five days to go, and the summer conference of Xingyu Technology is about to start, and short-term funds have begun to ambush in, and they will definitely rise sharply on the day of the press conference, at least one rush is indispensable, so there are funds to ambush in advance and prepare to throw them away on the day of the press conference.

Just when Xingyu Technology drove the New Stock 50 Index to fluctuate upward, at about 14:36 at the end of the session, the Wealth Fund issued a latest announcement on the reduction of holdings at this time, reducing the holdings of Xingyu Technology, Toutiao, New Micro Semiconductors and other targets not exceeding 2.2% of the total share capital, and the total reduction scale is expected to be 800 billion yuan.

Investors from all walks of life were dumbfounded, a month ago the wealth fund announced a reduction of trillions, and some of the previous reductions were about 200 billion, and now they have reduced their holdings by 800 billion, totaling 2 trillion funds, and the scale of funds raised by the first phase of the fund is 2 trillion, which is to directly cash out the principal.

Is this the rhythm of liquidation reduction?

As soon as this news came out, the three major trading markets of Big A were directly frightened again, and the three major indexes dived in response to the end of the session.

The New Securities 50 Index, which has already stopped falling and stabilized, has dived into the green in a straight line, and Xingyu Technology, which has been "turned over" by the wealth fund's shareholding reduction announcement, has also turned green and staged a waterfall kill, swooping straight towards the fall limit.

After the close, the new 50 index fell -1.71% to 2167.55 points, not only fell below the 2200 point mark again but also further hit a new recent low.

And Xingyu Technology also dived and fell -8.71%, evaporating more than 500 billion market value in one day.

Everyone is dumbfounded, what is the wealth fund for? Is such a big reduction in holdings to clear the position and run away?

The pace is also getting bigger and bigger at this time, and the panic in the market is amplifying.

On the next day, Thursday, May 11, the SGX market opened, and the SGX 50 Index opened with a sharp gap of -1.73% at the opening price of 2130.03 points.

After the opening, it also opened low and went low, and the decline of the new stock 50 index quickly expanded to 2 percentage points and continued to decline, while the decline of Xingyu Technology also quickly expanded to 5 percentage points, and the market value fell below the 5 trillion mark.

The whole market showed a panic stampede escape, and some people who were ambushed in Xingyu Technology and waited for the day of the press conference and then sold were also stunned.

At this moment, Fang Hong was also staring at the market handicap, and after a while, Tian Jiayi, who was at the headquarters of Qunxing, called him: "The range of the New Securities 50 Index has fallen by more than 12 percentage points from its historical high, and it has entered the range of decline you expected.

Fang Hong, who was staring at the New Stock 50 Index, shook his head and said, "Wait a minute, I'll send a Weibo to take a look, if the market doesn't buy it, the equalization fund will make another move, and let them wait for my news at any time."

Tian Jiayi: "Okay, I'll go and inform the trader of the equalization fund."

Wealth fund yesterday to reduce the announcement of 800 billion in 15 trading days after the official reduction will also bring huge selling pressure to the market, if the equalization fund at this time directly shot, there will be double selling pressure expectations, then to let the equalization fund shoot again, then to spend about double the liquidity.

If you can stabilize the disk with a Weibo, it is the most cost-effective and best.

……

Free to read.