Rebirth: The Financial Giant Chapter 770

The latest website: Tiansheng QDIE has won money here in Bitcoin.

Of course, the most important thing is that so far no one knows that Tiansheng Capital's diving funds are in the virtual currency market, otherwise it is another matter, which is another matter.

And now it is really taking off in the virtual currency market, more and more people are playing, and the trading volume and turnover rate are getting higher and higher.

That must be a lot of effort to cut, there is a steady stream of leeks, and the growth of one crop is really impossible to cut.

After all, the leeks here are provided all over the world, and it is really a large quantity.

In addition, there is another important factor for Lu Ming's ruthless cutting and ruthlessness. Virtual currency is becoming a new way for domestic capital to escape and transfer assets.

That is to be cut severely!

The following day, Tuesday, July 30.

Lu Ming attended the pre-market morning meeting at the company today, but he did not make a major strategy at the meeting, but just reminded his fund managers to pay attention to the recent short-term drawdown risk.

At the morning meeting, Lu Ming informed everyone that Tiansheng QDIE is about to adjust the latest strategy of the offshore exchange rate to break 7.

There is no need to say too much, fund managers will understand when they hear this sentence.

Such a sharp depreciation of the exchange rate by one or two thousand basis points in the short term will inevitably lead to the flight of foreign capital.

Opening this morning, the Shanghai and Shenzhen markets opened slightly higher. After the opening, the three major stock indexes fluctuated upwards.

Most people in the market didn't have a hunch about the upcoming risks, and Lu Ming couldn't jump out and say such things. With his height and influence today, he would never be able to sing a big A. Don't ask, just ask is the overall stability. Well, long-term structural bull market.

Today, Beishang funds are still in a state of net inflow, but the fund managers under Tiansheng Capital have begun to withdraw in an orderly and secret manner.

Of course, the withdrawal will not be a large-scale sell-off. The overall goal is to control the withdrawal. It is good to hunt for the bottom at that time. Most of the positions will still be under pressure with the market. This is still an active fund. As for the major ETF products, that is There is no way, and can only bear the decline with the market, because there are relevant regulations that the fund cannot be completely short.

Controlling the drawdown and lengthening the cycle not only outperformed the index, but also outperformed similar funds.

When the time comes, Christians will compare and see that the fund products of Tiansheng Fund are rising strongly, and when they fall, they are more resilient than similar funds, so they will naturally choose to buy Tiansheng's fund products.

Competitiveness doesn't come up?

Today is the seventh trading day of the opening of the Science and Technology Innovation Board. Yesterday, Tianchi Technology opened and closed with a doji, down -3.75%. Today, the stock rose sharply and ushered in a strong oversold rebound.

The highest intraday increase was over +17%. When the Shanghai and Shenzhen stock markets fell in the afternoon, Tianchi Technology also remained volatile.

As of the close, the share price of Tianchi Technology closed at 23.53 yuan, up +16.49%. The transaction volume of the two cities was 1.681 billion yuan, and the total market value was 63.531 billion yuan.

The Shanghai Composite Index closed at 2,952 points after the market, up +0.39%; the Shenzhen Component Index closed at 9,399 points, up +0.48%, and the ChiNext Index closed at 1,580 points, up 0.87%. New highs, but the two cities fluctuated downward in the afternoon, and the three major stock indexes continued to weaken.

The reason for the weakness in the afternoon is that the fund managers of Tiansheng Fund are quietly withdrawing, and a major core force of the market is running away, and it is reasonable to weaken.

At the same time, the offshore exchange rate market, Qi Wei has begun to suppress.

On July 31, the Shanghai and Shenzhen stock markets opened lower. After the opening, the three major stock indexes fell. After 10:30, the two cities stopped falling and rebounded, but they maintained a shock and adjustment trend in the afternoon. At the same time, foreign capital has turned a net outflow of several hundred million today.

Valley lameness

Some smart funds in the market with a keen sense of smell realized that something was wrong. Today, the exchange rate market has also seen new situations. Everyone found that the offshore exchange rate broke a new low and the fluctuations were abnormal.

Today, USD/RMB (offshore) closed up +0.29% to 6.9095. The exchange rate market volatility is continuing to expand, and the RMB is further depreciating.

In the share market, the three major stock indexes in Shanghai and Shenzhen closed down -0.67%, -0.77% and -0.62% respectively today. At this time, most people believe that this is a normal market correction, and only a few people began to reduce their positions to avoid risks.

Tiansheng Holdings closed at 92,351.67 yuan after the market today, down -1.26%, with a total market value of 7.38 trillion yuan and a turnover of 12.3 billion yuan.

Tianchi Technology rebounded strongly yesterday, but today the volume fell. The stock price closed at 22.05 yuan, a sharp drop of -6.26%, with a total market value of 59.535 billion yuan and a shrinking volume of 1.5 billion yuan.

That night, in the external market, the three major U.S. stock indexes opened higher, everything seemed calm, and remained at high and volatile levels throughout the day.

Until the sudden crash in late trading, the three major U.S. stock indexes plunged by more than 2 percentage points in a straight line.

The sudden slump was caused by the Fed's announcement of a 0.25% rate cut, already cutting rates by 25 basis points last month, the first rate cut since December 2008.

Today, on the closing day of July, the Fed announced the second rate cut this year, another 25 basis points.

The news was just announced, and the stock market plummeted and collapsed.

Previously, the market's general expectation was that the Federal Reserve would cut it by 50 basis points, but as soon as the news came out, it was only lowered by 25 basis points, which was far less than market expectations.

Needless to say, the stock market will die for you to see.

This rate cut was cut by 25 basis points. It can be seen from the voting records of the disclosed news that not all members agreed with the rate cut, and two members opposed the rate cut.

At the press conference after the meeting, Powell was ambiguous, claiming that this rate cut is only a mid-cycle adjustment and does not mean that the next cycle of rate cuts will begin.

As soon as this sentence came out, it was the key that directly led to the intraday diving of US stocks.

Taken together, this 25 basis point rate cut is a compromise result of a multi-party game.

Because Powell has been in charge of the Federal Reserve since he was in charge, the president has been constantly shouting and putting pressure on him, asking the Federal Reserve to adopt a more loose monetary policy. His approval rating will be strong.

But nominally, the Federal Reserve has its own independence and does not need to obey the general manager. This is different from the seedling banks in other countries, but in reality, there is no central bank that is completely independent.

The attitude of the commander made Powell embarrassed.

If, in order to prove his independence, he insists on carrying it on and completely ignores the commander's words, then it is not only the commander who offends him, but also the congress behind him and the Congress he controls.

But Powell didn't want to give the market the impression that he was just a puppet under the command of the great commander.

Otherwise, the Fed will lose its so-called "independence" and "credibility", and it will also lose its moral high ground when it accuses other countries of doing the right thing in the future.

That's the awkward position Powell finds himself in, and explains his ambiguity at the press conference.

However, the capital market does not care whether your situation is embarrassing or not. UUkanshu www.uukanshu.com Your interest rate cut is less than expected, and the market will stab itself and die for you.

The unexpected strength of the current bond market, coupled with the inversion of the yield curve, has more and more people in the market worrying that the North American economy is in recession.

Anyway, from the perspective of past history, once the inversion of U.S. bond yields occurs and lasts for a quarter, a recession may occur in a year to a year and a half.

However, this does not prevent Tiansheng Capital from harvesting short-term fluctuating profits. Among the current external funds, large positions are open. In the second half of this year, Lu Ming is generally bullish on US stocks, and it does not matter if the long positions are withdrawn.

But at the same time, another ultrshort-term game of short-selling with additional funds has begun to make money. This wave of panic has to be cut, and the peripheral market will be caught in severe short-term fluctuations throughout August. Lu Ming also focuses on the external market. game up.

This is a rare opportunity, so we need to spend more time and money. After all, we will have to face Aramco's nuclear-powered money printing machine in the future.

Chapter end