271: The national team's intervention to rescue the market—Xu Xiang's questionable actions!
The original intention of the Village Head was actually to let the stock market operate smoothly.
They detected the crisis in the stock market, but because they discovered it too late, coupled with the fact that the announcement they released was clearly decided on a whim.
They fundamentally failed to consider the actual situation of the Great A-share Market, which led to the stock market crash over the past two days.
At such high levels, any piece of negative news would lead to a crash.
Seeing this situation, a subordinate offered a reminder: “Village Head, if this continues, the stock market will trigger a chain reaction!”
“Or rather, the chain reaction has already begun!”
“We must take immediate action!”
The Village Head dared not be arrogant at this point.
He quickly convened a meeting, gathering various talents from the regulatory sector and personnel from the Fund Association.
Together, they held this expanded conference.
The meeting had only one theme: how to control this stock market decline!
During the meeting.
After the Village Head raised the question, everyone present looked miserable, and only smoke continuously drifted upwards in the entire conference room.
At this moment, someone finally came up with a solution: “At high levels, the National Team cannot enter to save the market, because saving it now fundamentally won't work. Instead, it would make the market even more precarious and would trap our official funds at the peak.”
“After all, the profit-taking pressure above is too great!!”
“I believe defending the 3,000-point level is a battle to save face for our National Team!!”
The Village Head was stunned, a bitter taste in his mouth. He looked up at the speaker, his eyes filled with disbelief, and he asked with difficulty: “3,000 points? The stock market is still over 4,500 points now.”
The person nodded and said, “Yes, precisely because the shanghai composite index is still over 4,500 points, Stock Investors are afraid, which will make the market crash even more violent.”
“On one hand, this bull market began rising from around 2,000 points in July last year, so dropping to 3,000 points is our estimated level. If it falls further, truly no one can bear the consequences!!”
“But if it reaches 3,000 points, it will just be enough to squeeze out the rising bubbles, and at the same time, it will allow our funds to maximize the uplift!”
“On the other hand, this is also a reflection of my market forecast.”
He gritted his teeth and said, “I believe that by the time our specific measures are implemented, the stock market should already be hovering around 3,000 points.”
As soon as he spoke, everyone present was shocked.
These words.
They were too serious!!
Yet they all knew that this was actually correct.
Because the process required for the regulatory sector to initiate these procedures is extremely complicated and troublesome.
Last time, the crisis was triggered precisely because they acted on a whim, rushing to save the market.
That's why this time, they were determined to plan thoroughly.
This was the reason for the current meeting.
The Village Head pondered, nodded, and said, “3,000 points is acceptable, what about the other methods?”
At this point, someone else stood up and said, “We can also have the domestic top Institutions' big shots and Hot Money magnates jointly issue market-saving statements. If necessary, we can even have them sign and publish articles related to saving the market!”
“We don't need to mention Institutions, but Retail Investors probably favor Hot Money the most, such as the currently hottest Brother Junlin, or Alliance Leader Zhang, Xu Xiang, Stock Trading for a Living, Old Brother Zhao, and others. They all possess very high popularity and influence in the market!”
“While these people publishing articles to save the market cannot prevent the crash entirely, it can certainly alleviate the situation to some extent.”
“This can also buy us valuable time!”
“As long as the timeline is extended, the impact brought by the stock market disaster will weaken, and Retail Investors, seeing an opportunity, will naturally stop selling their shares.”
“Stabilizing the emotions of Retail Investors is the top priority for stabilizing the stock market crash!!”
The words of these two people made many of the big shots present nod involuntarily.
Indeed.
If they truly proceeded this way, the stock market crash might genuinely be suppressed.
The Village Head banged the table and said, “Then proceed with this plan immediately!”
“Have the subordinates quickly establish the Stock Market Disaster Relief Group, and at the same time, all sectors should start contacting and appealing to these Institutions, Private Equity Funds, and Hot Money groups to participate in saving the market!”
“This matter must be completed within one week!!”
.
Look again tomorrow morning
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