Chapter 1104 [The stockholders on the main board are crying]
At this moment, the SGX has attracted much attention, and everyone is waiting for the arrival of 8:45.
That's right, SGX not only has two hours more trading time than the main board, but also opens half an hour earlier than the main board. It starts a call auction at 8:45 and ends the call auction at 8:55 and announces the opening price for the day. 9
Open on time at 00:00 sharp.
From now on, the SGX will open at 9 o'clock. The call auction on the main board has not started yet. The call auction will not start until 9:15, end at 9:25, and officially open at 9:30.
The only thing that is the same is that they all close at 15:00 in the afternoon.
Fang Hong's top-level design system allows the SGX to open before the main board. This means that the SGX will deeply affect the opening trend of the main board. To put it bluntly, it has more initiative.
The SGX opened directly from 9:00, and the main board did not start call auction until 15 minutes later, and then it took another 15 minutes to open. By then, the SGX had already left for half an hour, and this time
Half an hour will definitely affect the market sentiment, and the high or low will affect the bidding of main board investors.
This is to take the initiative in the market and become the standard bearer of the rhythm.
But at this moment, the time has arrived at 8:45, and the SGX has officially entered the call auction stage. The first 36 companies registered for listing dominate the top 10 rankings of today's most popular stocks. These 36 companies have become the focus of today's A-share market.
It is also jokingly called the "Thirty-Six Heavens" of the SGX by investors.
For stocks listed on the SGX, there is no price limit on the first day, and a ±10% price limit will be implemented on the next day.
The call auction just started at 8:45. Of the 36 companies registered for listing in the first batch, 21 of them all started bidding with prices rising by more than 300%. Other stocks basically doubled. Only one stock did not double, that is
Jingdong.
The stock's issuance market value is a huge 250 billion, but relatively speaking, Jingdong's bidding at this moment is not low at all, being pushed up to about 47%.
At 8:55, the call auction ended, and the bidding results of the first batch of 36 stocks registered for listing came out. The opening prices of 23 stocks were higher than 322%, 9 stocks were higher than 170%, and 3 stocks were higher than 170%.
The opening price is more than 100% higher.
Jingdong’s final opening price opened 62.32% higher, and its opening market value soared to a huge 405.8 billion.
Among the 36 new stocks registered and listed on the SGX, except for Jingdong's issuance market value of 250 billion, the other 35 targets have an issuance market value of less than 10 billion, and more than half are below 5 billion.
It’s not surprising that other stocks often double or even multiple times open higher. The current SGX only has 58 stocks. Except for Jingdong, the first batch of 36 stocks registered and listed, the other 35 stocks are very small and easy to trade.
Pull up.
Moreover, there is no refinancing of restricted stocks here, and the reduction of holdings by major shareholders is also strictly restricted. The large funds here are still under the T 3 system, and the retail investors are under the T 1 system. There is still a lot of liquidity in the market with scarce varieties to support, and a lot of hot money is boldly taking action.
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"It's still inevitable..." Fang Hong saw the opening of the first batch of 36 companies registered for listing. This was obviously a rhythm that was going to be hotly speculated. However, Fang Hong was not worried, let alone surprised. He was already in the market.
as expected.
The SGX has just been listed, and there are only these stocks. The market attention and popularity are not there, and there are so many funds to support it. It is impossible not to be hyped.
After the excitement period, the market will gradually return to rationality. To put it bluntly, the stock pool of SGX must be enriched as soon as possible, so that there are enough places for funds to find a place to live. Otherwise, everyone can only crowd together.
It will push up the bubble of individual stocks.
At the same time, the 22 transferred Galaxy Concept Stocks all opened higher today, driving the NSE 50 Index to open 1.82% higher at 1018.25 points. The current trend of the NSE 50 depends entirely on the 22 Galaxy Concept Stocks.
stocks, and the same is currently true for the entire SGX.
The total of the first batch of 36 listed companies registered for listing is not even a fraction of the trillion units of Xingyu Technology. The combined market value of these 22 stocks of Xingyu Technology accounts for more than 97% of the current total market value of the SGX.
It is an absolute ballast stone.
The time has come to 9 o'clock sharp. There are still 15 minutes left before the call auction on the main board. However, the SGX has officially entered the six-hour opening continuous bidding and trading phase. The shareholders or institutional investors on the main board can only watch.
The market trend here, the main board call auction has not started yet.
The SGX opened higher and moved higher at the opening. The SGX 50 index rose all the way, reaching 1051.58 points ten minutes after the opening, and the increase expanded to 5.16%. All 58 stocks on the market were in the red, and none fell.
However, investors have not realized that 1051.58 points of the NSE 50 Index is today’s highest point, and it will also be a periodic high in the next more than two months. The reason why the NSE 50 Index cannot rise after it rises here is that
22 large-cap galaxy concept stocks showed signs of rising and falling.
These stocks all hit record highs before the trading suspension, not to mention very generous profit margins. They also escaped the catastrophic 2.0 wave of five consecutive sinister sales in August. To a certain extent, they actually have the potential to make up for the decline.
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However, the turnover rate is not that exaggerated, because many retail investors are confused about whether to sell at this time. If they don’t sell, what should they do if they make up for the decline later? But if they sell, there will be no chance to buy in the future, because there is no access.
The threshold is that the reason why I can hold SGX stocks is because of a BUG.
Most retail investors did not choose to sell.
Although the NSE 50 Index surged higher and fell back, the 36 companies next door that were among the first to be registered and listed are already doing extremely well.
This chapter is not over yet, please click on the next page to continue reading! Except for Jingdong, Mihayou and Bilibili, none of the other stocks have become constituent stocks of the NSE 50 Index. Even if these 36 stocks have become
The constituent stocks of the NSE 50 Index, but their combined weight does not exceed 3%, and they cannot have any impact on the trend fluctuations of the NSE 50 Index.
At this moment, these 36 stocks are soaring wildly. 20 minutes after the opening, the online video website Bilibili soared 1,817%, and its market value soared from 2.3 billion to 44.091 billion. The intraday increase of more than 18 times is really shocking.
Investors from all walks of life.
The reason why this vote soared was largely because it was included in the NSE 50 Index constituent stocks. Speaking of which, Yixing Video also went on a bull market after its backdoor listing.
Stimulated by Bilibili's surge, Aiqiyi, which was not included in the NSE 50 Index constituent stocks, also rose by more than 273%, soaring from a market value of 14.55 billion yuan to 54.2 billion yuan.
Mihayou, which also entered the NSE 50 Index, soared by more than 834%, with its market value soaring to 61.6 billion. Jingdong soared by more than 89.87%, with its market value soaring to 474.675 billion.
Cloud accounting software provider Maxun Technology surged 1,601%, and the company's market value soared from 2.7 billion to 45.9 billion.
The investors on the main board were stunned and almost crying. However, because the entry threshold was too high, they were unable to open an account on the SGX. They could only stare at it with envy and jealousy beyond recognition.
At this moment, Fang Hong saw that the first batch of 36 stocks registered for listing were being speculated in the market. Is there a bubble now? There is no doubt that the bubble has been ridiculously big. It seems to be no different from the GEM speculation last year, except that in the new
There is no price limit on the first day of listing on the stock exchange, and it will be full in one day.
But in fact, the difference is huge. These 36 stocks registered for listing in the first batch are all carefully selected high-quality assets. The biggest difference between these 36 stocks on the GEM last year, which frequently surged in one or twenty consecutive days, is that
Even if the stock is stuck at the top of the mountain now, it will recover and reach new highs in the future. You can trade time for space.
The target that was hotly speculated on the GEM last year was the top of the universe. Until it is delisted, I am afraid it will not be able to return to its peak. In other words, time has changed and space has changed, maybe it has changed to the morgue.
Let’s not talk about the stocks that will be listed on the SGX in the future, but now at this critical juncture, Fang Hong is listing high-quality stocks, which can 100% guarantee the future value growth potential of these targets.
In addition, throughout 2016, Fang Hong will check the stocks registered and listed on the SGX to ensure that more than 90% of the companies registered and listed during this period will not be delisted, and no more than 10% of the companies will be misled.
% ratio, Fang Hong cannot accept it if it exceeds this ratio.
As for the first batch of 36 companies registered and listed, they are of historical significance, and they must ensure a 100% success rate at all costs. If necessary, they can even inject assets or reorganize their assets.
In short, it is necessary to ensure that these 36 companies will not have any problems at least in the next ten years, and it is impossible for them to go bankrupt and delist.