Chapter 1135 [More and more investors embrace SGX]
The next day, the two markets did not continue to fall after yesterday's plunge, and ended the last day of the week with a slight rebound.
On weekends, bad news once again emerged. A regulatory letter from the China Securities Regulatory Commission halted Zhongrong Life Insurance, and listed companies that swept away insurance funds encountered a sudden stop. The balance of the two financial institutions has not improved for many days, and the financing balance of the Shanghai stock market has increased.
It hit a new low in 15 months.
In addition, at the end of January, Yangzhou Bank's foreign exchange balances fell by more than 640 billion yuan, the second largest decline in history. The appreciation of the RMB offshore exchange rate still cannot stop the flow of funds. People who have ulterior motives and know that they make dirty money are not concerned about it.
You have to think about everything before you feel safe when you go out, and the reason for this cannot be explained clearly in a few words.
After the weekend, Monday, February 29th.
The A-share market suffered another plunge across the board. Heavyweight stocks repeatedly defended the market to no avail, and there was no surviving sector. The Shanghai Stock Exchange Index fell by more than 4 percentage points, falling below 2,700 points again, reaching its lowest point of 2,638.96 points, which is infinitely close to the previous low of 2,638.30 points.
However, just when investors thought that the market index was about to break, it started to rebound in late trading, driven by the banking sector, and was lifted up again at the moment when it was about to fall below the previous low.
Moreover, there were obvious signs of fund-raising at the end of the trading session, especially the Shanghai-Hong Kong Stock Connect, which also turned to net inflows.
After the close, the Shanghai Stock Exchange Index fell -2.86% to 2687.98 points, with a turnover of 194.6 billion; the Shenzhen Component Index fell -4.98%, to 9097.36 points, with a turnover of 267.1 billion; the New Securities 50 Index fell -5.05%, to 922.60 points
, the transaction volume was 57.1 billion. The total transaction volume of the three major trading markets today was 518.8 billion.
In the evening, a message was released in the village, approving the applications of 8 companies, including 3 on the Shanghai Stock Exchange, 2 on the Shenzhen Stock Exchange's Small and Medium Enterprise Board, and 3 on the GEM.
I really can’t stand it anymore. The SGX next door has issued another 28 IPOs this week. Seven weeks have passed since this year, and the SGX’s stocks have already exceeded the 200 mark. In just seven weeks, 178 IPOs were made, and the main board has just done it.
We went up to 1 house, and this time we went to 8 houses, but it was less than 10 houses, so it’s not too much.
However, stockholders on the main board went numb when they saw the news.
This means that we will not give up until the market reaches below 2,500 points, right? This happens to be the time for the meeting. Many investors even suggested at the meeting that they should simply keep the SGX, and the main board should be pushed back, or it could be closed down.
OK.
And just when the market was wailing, panicking and cursing, another big news came out late at night. The central bank announced a huge benefit late at night by cutting the reserve requirement ratio.
According to the announcement, starting from March 1, 2016, that is, tomorrow, the RMB deposit reserve ratio of financial institutions will be generally lowered by 0.5 percentage points to maintain reasonable and sufficient liquidity in the financial system and guide the steady and moderate growth of money and credit.
As soon as this news came out, stock investors were suddenly stunned. No wonder there were signs of rush for funds at the end of today's trading. No wonder the village dared to approve the applications of 8 companies at the juncture when the market was about to break a new low...
…
Tuesday, March 1st.
Stimulated by the good news of the RRR cut and the severe short-term oversoldness of the market, there is also a demand for rebound. Today, the two major A cities ushered in a strong rebound. The three major trading markets rebounded across the board. The Shanghai Index rebounded 1.68% that day, the Shenzhen Component Index rebounded 2.47%, and
The NSE 50 index was the strongest, rising 3.60% today.
On Wednesday, March 2, after yesterday's rebound, the A-share market experienced a retaliatory rise again today. The Shanghai Stock Exchange Index recovered 2,800 points in one fell swoop and continued to rise. Volume increased in late trading, and the net inflow of northbound funds was nearly 3 billion throughout the day.
As of the close, the Shanghai Stock Exchange Index rose 4.26% to 2849.68 points, with a turnover of 259.3 billion; the Shenzhen Component Index rose 4.77% to 9766.37 points, with a turnover of 354.2 billion.
The NSE 50 Index had a big positive line today and closed back above the 1,000-point mark. It surged 7.11% after the market closed at 1023.79 points. The trading volume for the whole day was 105.7 billion, which basically eliminated the two previous big negative lines.
Repair the anti-package.
Investors found that the NSE 50 index was more popular, rising by more than 10 percentage points in two days, and the most important thing is that most of the time, it was more resilient than the main board when it fell, and it was stronger than the main board when it rose.
The rebound on the main board in the past two days has only reached the waist of last week's decline, and has only recovered about half of the decline. On the other hand, the NSE 50 Index has completely recovered.
If the cycle is a little longer, the main board has fallen from more than 3,500 points to 2,638 points since the circuit breaker on the first trading day of the year. The highest rebound has not reached 3,000 points. The Singapore Exchange, which opened on the same day, has rebounded from the bottom of 780 points.
to above the initial value of 1000 points.
More and more investors are beginning to abandon the main board and no longer want to play in this place, and then switch to the embrace of SGX. If you can't buy SGX stocks, then buy the NSE 50 ETF fund on the exchange.
After the strong rebound in the past two days, Big A did not continue its upward attack, and entered a period of shock and consolidation in the following period. The NSE 50 Index also did not break through to a new high, but it consolidated 1,000 points and accumulated savings for the subsequent upward breakthrough.
Quantity energy.
During this period, Fang Hong did not pay too much attention to the domestic stock market, especially since March. He paid more attention to the situation in the real economy.
…
The time has come for the weekend of March 6th.
At around 10 o'clock this morning, Fang Hong updated a Weibo update on his personal Weibo account, saying that it will be broadcast on Lingke TV this afternoon, and he will once again be a guest anchor to recommend agricultural products under Qunxing to netizens across the country.
overtake.
After this Weibo post was released, with the support of K God, the agricultural product supermarket quickly became popular today.
In fact, after years of development, agricultural product supermarkets are now very well-known, especially since 2015, they have gained popularity across the country and have even become a brand-new banner in the domestic retail industry.
There is now a saying circulating on the Internet: There are only two types of retail supermarkets in China, one is the agricultural product supermarket, and the other is other supermarkets.
After several years of operation, in major cities across the country, the first choice for consumers to buy food is to go to agricultural supermarkets. The only inconvenience for consumers is that agricultural supermarkets only sell food.
This is also the most unique place and different from other retail supermarkets. The agricultural products supermarket only sells fruits and vegetables, various meats, seafood and fish, oil, salt, rice, soy sauce, vinegar tea, various fruits, etc.
Even the food is only made from ingredients that have been cooked in the kitchen. Snacks and the like are not sold. Shampoo, toothbrushes, toothpaste, dish soap and other daily chemical products are not sold. Even kitchen-related products such as pots and pans are not sold.
The pots are not for sale either.
Agricultural products supermarkets have achieved the ultimate in specialization and refined division of labor. They have also maintained great restraint on expansion and have always strictly limited their business scope to the scope of agricultural products.
It is this concept that allowed Agricultural Products Supermarket to develop a high brand awareness across the country from scratch in a short period of time, and established an unparalleled industry reputation effect.
