Chapter 1327 [Sigma Fund, Marionette]

The re-sale of the equalization fund quickly calmed down the market sentiment that was originally panicked and boiling, and the market confidence was regained on the same day when it was lost.

The new news that came out on weekends and weekends once again boosted market confidence, and the SGX trillion equalization fund announced the purchase of six new 50 ETFs on Friday, with a net purchase of more than 67 billion on the day.

In addition, the wealth fund also announced a news, the second phase of the capital market yesterday into the market net purchase of more than 82.2 billion.

Investors have not forgotten that Fang Hongfa said on Weibo last year that half of the two trillion funds raised in the second phase of the fund will participate in the super project of "seven trillion yuan of integrated storage and computing data center", and the other half will enter the secondary market of the SGX, which is also an incremental capital of one trillion.

The second phase of the wealth fund has also been launched, which is a real over-the-counter incremental liquidity.

After the weekend, the stock market opened on Monday, February 12, and the SGX 50 Index shrank by +0.75% to 3,311.09 points, returning to the 3,300-point mark, and the turnover of the SGX market shrank to 443.8 billion.

Obviously, no one has smashed the market in this position, even some of the trapped funds are not held now.

For the next four trading days of the week, the SGX market continued to shrink and rise.

After the Spring Festival, the market opened on the first trading day after the holiday on Thursday, February 22, and the new stock 50 index further shrank by 347 billion, but it rose +2.07% on the day, standing at the 3,400-point mark and closing at 3,436.94 points.

The next day, the SGX 50 Index came out of the five consecutive yangs and closed up +0.83% again at 3465.55 points, and the SGX market volume reached 477.3 billion on the last trading day of the week.

On Monday, February 26, the new stock 50 index came out of the six consecutive yangs after a sharp fall, regained the 3,500-point integer mark, and closed up +1.40% again today at 3,514.15 points, and the trading volume was also enlarged to 626.5 billion, which is obvious.

The volume is also expected, after all, in just six trading days from the previous low point of 3206.76 points rebounded, the new stock 50 index played a cumulative increase of +9.58%, the successful short-term capital accumulation of profit disk has a cash demand, the previous quilted funds also have a need to unbundle, plus to the front high pressure level, these factors make a lot of funds began to change hands, and the volume will naturally come up.

However, the SGSE 50 Index once again regained the 3,500-point mark, which also made countless shareholders bow and worship, and blew up the SGX market and sent all kinds of praise.

Market participants generally expect that even if the new 50 index is stronger, it will take half a month to return to above 3,500 points, and it may take a month to get back to the next point.

Of course, at the same time as the new 50 index was blown, the good shareholders did not forget to DISS a wave next door, although the Shanghai index market also rebounded six consecutive days in the same period, but the strength is far less than the new 50 index.

Now the two major indices are reversed, the new 50 index stands at 3514 points, while the Shanghai index is at 3329 points, a difference of nearly 200 points. When it rises, the CSI 50 Index is stronger than the Shanghai Index, and when it falls, it is more resistant than the Shanghai Index.

……

Tranquility Villa, in the trading room on the second floor.

At this moment, it has been more than two hours since the market closed, and Fang Hong is staying alone in this room, he looks at a screen in front of him, which shows a graph of Bitcoin.

The candlestick graph shows that on December 18, 2017, the highest price of Bitcoin reached $21,993.56, which is also the all-time high.

Since mid-to-late December last year, Bitcoin began to collapse at a peak of $21,993 in this round of bull market, and fell to $7,000 on the 5th of this month, a decline of more than -65%, but today it is back above $10,000.

Last year was undoubtedly another record mega for Bitcoin, with its nominal market capitalization soaring to an astonishing $460 billion.

In June last year, CZ founded an exchange and then moved the team from the mainland to Dongjing, where ICOs (initial coin offerings) began to be declared illegal.

In September of the same year, the Tron wallet was born, and in October, Cardano was born, and the market soared, and by December 18, the price of Bitcoin was close to $22,000.

In fact, the main capital driver of this round of super market comes from the Greater China market, and Bitcoin has become a new way to transfer assets in the mainland, especially some illegal assets, which are still large and scary.

For example, there are some people who have wantonly amassed tens of billions of funds through "non-absorption" Ponzi methods, and used these funds to buy bitcoin and then transfer it out, this kind of scale is not one or two, but hundreds of millions, billions of billions, and so on.

In this wave of super market, Fang Hong is hidden behind the scenes, and he has already begun to settle before the market starts, which is to let the gray income of those ghosts, moisteners, and colonists drive away to Bitcoin.

After a while, Tian Jiayi walked into the room and put a document on the table in front of him: "The latest information on the Sigma Fund you asked for has been passed over, and the Sigma Fund is currently famous in the West. ”

The fund was founded by Sigmar Baselitz, a German magnesium national, and the name "Sigma" is after him, and it has been established for less than two years.

But the outside world would never have dreamed that this rookie in the Western financial circle is actually a marionette, and the real master behind it is Fang Hong and Qunxing Capital.

In less than two years, the Sigma fund has grown to more than $150 billion in assets under management, and Sigma Baselitz's rise to fame was created in the cryptocurrency market last year.

At the end of August 2017, when the price of Bitcoin broke through the high point of $5,000, Sigma chose to open long, and directly leveraged the leveraged funds to do $7 billion into it, but just completed the opening of the position, the price of Bitcoin plummeted, falling below $3,000 in just half a month, and the investment of the Sigma fund once lost -40%, and the investors of the Sigma fund exploded at that time.

Because Sigma Baselitz directly locked the Sigma fund in accordance with the terms of the agreement and prevented investors from redeeming it, and when Bitcoin fell by $3,000, instead of stopping the loss, he increased his position by a further $5 billion on leverage, and the investors wanted to kill him at that time.

As a result, after mid-September, the price of bitcoin went all the way up, and a month later it turned a profit, but investors were still angry, and some people wanted him to take profits and withdraw, but he refused.

In mid-November of the same year, Bitcoin soared to $8,000, $10,000, $15,000, $20,000 and approached $22,000.

During this process, the investors of the Sigma Fund went from angry to stunned to surprised, and finally they were so happy that they changed their attitudes and began to apologize to Sigma Baselitz frantically, and sent all kinds of praise and praise, saying again and again that it was a very wise decision for Sigma to resist the pressure and lock up the fund.

Sigmar Baselitz closed his position when the price of bitcoin rushed to around $21,000, and then opened $10 billion on his backhand, and bitcoin plummeted in half in more than a month, and the Sigma fund made another wave of blood.

This investment has made the Sigma fund earn $50 billion in about half a year, and in addition, Sigma Baselitz has also achieved amazing results in the North Magnesium stock market, crude oil futures market and foreign exchange market, bringing incredible returns to investors.

It has also made the asset size of the Sigma fund soar from $13 billion to $100 billion in a short period of time, and now it has reached $150 billion because it has accepted a new batch of asset investment management entrustment plans, and investors have squeezed their heads to entrust Sigma funds to do asset management.

Sigmar Baselitz has also become a cutting-edge top performer on Wall Street.

This is part of Fang Hong's plan, to create gods!

……