"This is a huge, extremely complex, and systematic problem. If the rural economy is developing here, what should I do if urbanization is done?" The video conference continued. A research scholar at the meeting spread his hands and said, "If everyone runs to the countryside, who will run to the city to buy a house? Then the real estate developers will definitely not be happy. At that time, they will also shout help and have no way out."

The other participants couldn't help but nodded. The problem was indeed very complicated. The problem here was dealt with, and a big problem arose there. There was always a place to make a fuss for you.

When urban populations move towards rural areas, the real estate industry will inevitably decline, because whoever buys a house after everyone leaves and sells it to.

Then the house built by the developer cannot be sold, and the funds cannot be returned. The huge debt will cause the risk of explosion and then spread to the bank, which will trigger financial turmoil and finally "infect" the real economy. When you go back in a big circle, the economy will be ruined again.

Real estate developers are in high debt, and everyone is fighting for people. The most important thing is that the birth rate of the population is now diving year by year, and the population has entered the competition for stock, which seems to be unsolvable.

After coming over, another scholar and professor said in a relaxed tone: "The problem of the housing market is a problem of dealing with junk bonds. The speculation in the housing market is all junk bonds. How to deal with this problem? I think it's just like dealing with bad bank debts back then. You split it up and make it into an asset management company and freeze it there, and then you develop a new field game and start again?"

After a pause, the scholar added: "What do I want to find a way out for those real estate developers? There is only one way out. After I grow the denominator, the numerator of bad debts remains unchanged. Will the proportion of the entire value be shortly reduced? Developing a rural ecological economy is to expand the proportion of the denominator. How can the speculative capital in the housing market dominate the flow of factors? Isn't this a joke?"

In the real estate industry, Luo Sheng’s companies or institutions have not been involved in it, so they do not comment. No matter how much the house is to make trouble, the interests of the house will not be affected, and even if it is affected, it will be a marginal aftermath.

Luo Sheng didn't want to go to this muddy water either.

The video conference ended after another half an hour. There was no discussion of the issues in the real estate industry. It was very complicated and delayed, but the plan for rural development has been decided, because the solar storm will not postpone you.

At the end of the video conference, Luo Sheng contacted Professor Yu Zhengping. The two chatted alone for nearly an hour and finally established the itinerary for the countryside inspection. The specific date was scheduled in early June.

Yu Zhengping has time at any time, mainly because Luo Sheng can't find time now and has to deal with the issue of Shengfeng Capital investors' exit.

...

The next day.

The market opened lower and then closed higher. The food processing, breeding industry, ecological agriculture and other sectors performed strongly, setting off a wave of daily limit increases again. Shengfeng Capital brought a batch of entry funds, put on the vest of "hot money" to activate the entire market atmosphere, and seduced a lot of off-market funds to enter and go long.

At the same time, the funds in traditional energy, coal chemical, mining and other sectors were silently poured out and large orders were placed on the sell order, and then the order was eaten with the "hot money" vest, causing follower funds to buy, and the "good" expectations of the solar storm were placed, and the trading volume was steadily amplified, forming an active trading phenomenon, which was easy to attract off-market follower funds.

Not only was most of Shengfeng Capital's funds liberated, but they also created considerable profits. They would be done by Buddhist protection of the market in the future. When there was a big drop, they quickly pulled up, creating the illusion of washing the market for investors. In short, they should give in investors confidence and guide market funds to defend the market.

Then the liberated funds go to other sections to seduce new off-market funds. The main funds that protect the market are afraid of falling across the board. Now, stabilize the market first. When the support of the entire market is firmly established, then slowly withdraw it. To put it bluntly, it is the pig killing of one sector after another.

After the closing of the market today, I finally saw a real positive line. The main board rose 1.85%, and closed at 3262.25 points after the market.

However, the Science and Technology Innovation Board is still poor, and the entire Science and Technology Innovation Board still fell by 8.22% today, and the limit down is in the semiconductor sector, which is a severely affected area.

The more fierce the rise, the more miserable the fall. The super bull market for semiconductors in the past two years also rose very crazy, with individual stocks rising five times or ten times apart.

In the past two years, the investment and consumption sectors were ridiculed for not understanding investment at all. At that time, as long as you invest in semiconductors, you could make a lot of money with your eyes closed. Everything you buy will rise. The over-the-top leaders are following the trend and rising. They can’t lose money at all. It’s just a matter of how much you make or less.

But now even if you have keen eyes, you can't do it anymore. Don't talk about the leader, buy high-quality stocks such as Reebok Technology and Jingchuang Technology.

The food consumption sector is the current market darling. No matter who buys technology stocks, they will die if they buy them.

...

In mid-May, Shengfeng Capital once again issued a major announcement. After ten days of ten years of Tampa, Tampa, which was a major investor, finally reached a new consensus and established a one-week application time window for its funds redemption application.

Investors who exit the road only need to pay a punitive handling fee of 4.58% to redeem funds based on the current net value of Shengfeng Capital Strategic Investment Fund. As the news was announced, the market had rebounded to 3456 points.

If there is enough room for growth, it can be sold down. Shengfeng Capital also announced the reduction announcement of relevant investment targets as the market expected. The market did not say anything and followed the decline.

The market fell back to the near 3200 points in just two days.

...

"BlackRock Group, Goldman Sachs Group, Morgan Stanley, Norwegian sovereign pension fund, Hillhouse Capital, Lead Capital, UBS and other 33 top domestic and foreign asset management institutions have all redeemed 45% of the capital share, of which North American pension fund has reduced its holdings and redeemed 64.5% of the capital share."

In Luo Sheng's office, he sat in the boss's chair and listened comfortably with his eyes closed. An Qingxue held the folder in his hand and gave him his mindfulness.

"How much does Shengfeng Capital account for?"

Upon hearing this, An Qingxue flipped through the page on the folder and replied after a moment: "It has dropped to about 6.8 trillion yuan, accounting for about 14.76% of the assets of the entire Shengfeng Capital."

Luo Sheng took a deep breath, opened his eyes and said with a refreshing voice: "This wave of leeks is so delicious. It seems that it is better not to go abroad in the future."

This is both a joke and a truth. The leek roots of institutions' foreign capital are almost cut off by him. You should know that the original foreign capital of Shengfeng Capital accounted for as high as 45%, and the highest nominal value exceeded RMB 36 trillion. This time, the proportion of foreign capital was cut by about 30.3%, which is equivalent to actually cutting about 10.5 trillion yuan.

The full amount is more than 10 trillion!

Compared with Luo Sheng, the institutions of Big A lost completely in the listing situation. The institutions of Big A harvest once every few months are really no situation.

Luo Sheng spent fifteen years to "raise pigs". The so-called "miracle halo" is actually the "pig-killing halo". Today, fifteen years later, the sickle in his hand is cut off by one hand and it will cost 100,000 billion yuan, which makes you still confused about "Luo Sheng halo".

This is whether there is a "segment".

Luo Sheng believes that these "leeks" will continue to believe in the "Luo Sheng's halo" in the future, because the ladder project will definitely succeed. They can only break their thighs and make mistakes in their own judgment. Luo Sheng's secret tricks are not that there is a problem with this "halo". He has indeed not failed, but he has failed.

"It's OK, it's almost done. It's clean and it's time to rise." Luo Sheng was very satisfied with Shengfeng Capital's current foreign holding ratio of less than 15%.

If the ladder succeeds in the future, you can still make a profit, but it is impossible to make a lot of money. At most, you can make a small profit, which is a very perfect result for Luo Sheng.

...
Chapter completed!