Tian Jiayi gave an overview of the first batch of 36 companies registered and listed on the SGX. They are all technology companies, most of them are start-up technology companies, and most of them are companies that deal with cloud, data, and information.
There is no doubt that the future is the era of big data, and these companies have basically made achievements in their respective industries, and they all have very good growth potential in the future, and the industry prospects are also very good.
Fang Hong took the materials, looked at them and said to himself: "The total issuance market value of the 36 companies is 376.5 billion, and the total IPO fund scale is 31.7 billion..."
Tian Jiayi immediately said: "Except Jingdong, a major e-commerce company, the combined issuance market value of the other 35 companies is 126.5 billion, which is almost half of Jingdong's market value. Jingdong's IPO raised 18.5 billion, which is more than the other 35 companies.
The total scale of IPOs is about 5.3 billion more, and Jingdong is the well-deserved number one among the first batch of companies registered for listing."
After hearing this, Fang Hong smiled and said: "But when it comes to growth potential and return on investment, the other 35 companies except Aiqiyi are all better than Jingdong. In a few years, the total market value of these companies will be two or three times that of Jingdong."
It’s not impossible to make Dongdong, among them Mihayou is the most optimistic, with a value of hundreds of billions. As for Jingdong, forget it, it’s just a financial investment anyway, just let the strong man play by himself.”
After a while, Fang Hong suddenly paused and turned his head to look at the beautiful assistant: "I almost forgot that there was something going on in September."
Tian Jiayi was curious: "What happened?"
Fang Hong immediately said: "One of Mr. Duan's disciples established an e-commerce company in September, called Pinduoduo. He must be very short of money at the moment. Let's extend our olive branch and send someone to talk to Huang Zheng."
Let’s talk about it, he worked so hard that we won Series A investment, and later led Series B and Series C financing.”
Pin Xixi still has something to offer. Although the chopping operation is quite disgusting, Fang Hong cannot deny its commercial value, especially after another seven years, consumption downgrades and the rapid decline of the first e-commerce giant Ali
All of these have given Pinduoduo an opportunity to rise. The key is that it can also thrive in the North American market.
It was only founded two months ago, so it was natural to get on board at the right time, and it would also be on the SGX when the time comes. After all, it will be an e-commerce newcomer with a market capitalization of RMB 500 billion in the future.
At present, there are less than two months until the opening of the SGX. The first batch of 36 companies registered for listing are technology companies. However, the SGX not only lists technology companies, but also targets physical manufacturing, including companies in traditional industries.
You can also list on the SGX, such as in the food processing industry.
Only financial companies cannot be listed on the SGX, including real estate companies, which are actually real estate financial attributes. Of course, real estate companies cannot be listed on the main board now, because the country has made regulations on the real estate industry since 2010.
restrictions.
All in all, the SGX only accepts registration and listing of non-financial companies, including the currently popular Internet financial companies, especially the concept of "pitupi". Although it is under the banner of Internet technology innovation, in essence it is still
The financial games played by SGX will all be classified as traditional financial industries, and naturally they cannot be registered and listed on SGX.
It is worth mentioning that Quantitative Capital, headed by Chen Yu, is an investment management company and a non-bank financial enterprise.
According to the regulations of the SGX, it cannot be listed on the stock exchange, let alone be selected into the SGX 50 index. This time, trading was suspended for more than four months. Quantitative Capital also used the delisting window period to spin off and reorganize the company.
The company's display chip business, webcasting, Xiaoling Classmates, Spirit Realm Search, Quantum Computer, Frost Engine and other business departments were all separated and established as subsidiaries to operate independently. Quantitative Capital, as the parent company of the group, wholly owns these subsidiaries.
The company's most profitable financial investment business unit was also split off and operated independently, and then Quantitative Capital was listed on the SGX-ST as the parent company. At the same time, the company's name was also changed accordingly, from the current Quantitative Capital to Matrix Quantum.
Later, it was listed on the SGX under the name "Matrix Quantum". After the change, Matrix Quantum is a high-tech enterprise group mainly engaged in the development of artificial intelligence and display chips, with an additional financial investment subsidiary.
After the spin-off and reorganization into "Matrix Quantum", it will comply with the listing requirements of the SGX. Other companies can also do the same, but the prerequisite is that the technology business structure can be supported like Matrix Quantum. There is no legal requirement for high-tech companies to
You cannot trade in stocks.
After completing the "transformation" of Matrix Quantum Group, the financial business is only one of the company's many business sectors. To put it bluntly, it is a side business, but the earning power of this side business is higher than that of billions of dollars.
It was split and reorganized into Matrix Quantum. The original stock holders became shareholders of Matrix Quantum. The shareholders' rights were not damaged and remained unchanged.
On the contrary, after changing to a high-tech enterprise, the price-to-earnings ratio given by the market will be higher, and the valuation will definitely be much higher than the price-to-earnings ratio of financial stocks. Investors are very much in favor of this spin-off and reorganization.
…
The next day, Wednesday, November 4th.
Affected by the release of the 13th Five-Year Plan recommendations and many other good news, the A-share and H-share stock markets collectively rose sharply today.
The Shanghai Stock Exchange Index showed a unilateral upward trend today, stepping out of the bald and barefoot Yang line, closing up 4.31%, returning to the 3,400-point mark. The Hang Seng Index also rose by more than 3 percentage points at one time, and fell slightly in the afternoon, closing up 2.15%.
In terms of A-shares, the Shanghai and Shenzhen stock markets generally rose, and no industry concept fell. All stocks were in the red. Brokerage stocks and insurance equity rose across the board. In particular, the daily limit of 24 stocks in the brokerage sector also pushed the securities sector index to the daily limit. The insurance sector also rose by more than 100%.
8 percentage points.
In the next three trading days, under the strong rebound of financial stocks in the A-share market, the index continued to maintain a strong trend, with both volume and price rising and closing in the positive line. In the past three days, the Shanghai Stock Exchange Index rose 1.83%, 1.91% and 1.58% respectively.
, pushing the index to a height of 3673 points.
This chapter is not over yet, please click on the next page to continue reading! The brokerage sector has performed the most brilliantly. It has reached its lowest point since August. So far, it has achieved a sector increase of more than 63 percentage points, basically overturning the five consecutive positive gains in August.
It plummeted and then rose again.
In addition, the index fell from the lowest point of 2850.71 in August and has reached a maximum of 3673 points so far, with a cumulative increase of 28.87%. It has entered a so-called technical bull market situation.
Since A-shares broke through the 3,000-point mark and dropped all the way to 2,850 points, on the one hand, they have also made a final desperate move, bottoming out for more than a month and then starting to rebound. Recently, this period has happened to be stimulated by good news, and
The SGX registration system pilot project has also aroused great expectations in the market. Investors are suddenly optimistic because they feel that the main boards of the two cities may be forced to make some changes in the face of competitive pressure from SGX.
After all, many investors in the two cities expect that the main board will also adopt some SGX mechanisms, such as institutional T 3 and retail T 1; for example, the daily trading hours will be extended to 6 hours; and it is better than introducing the SGX trading system.
technology platform, etc.
These motherboards can be copied directly. To take a step back, you don’t have to copy them all. You have to modify one or two of them, right?
The current market has such expectations, so many investors have renewed hope in Big A.
Well, the SGX has indeed put a lot of pressure on the main board, and it does need to change. It just doesn't make sense to stay the same. Moreover, there is already a direction. The village chief has already been brewing in his heart and wants to make a big one.
.
On the opening day of the SGX, which is January 4, 2016, the first trading day of the new year, the circuit breaker mechanism is introduced on the main boards of the two A-share markets. Anyway, it cannot be the same as the SGX. It has to be innovative.
SGX doesn’t have a circuit breaker, so let’s have it installed on the main board.
