Chapter 1312 [Proactively delisting from the main board and thinking of joining the SGX for re-listing?
After the NSE 50 index hit the bottom of 2,600 points, Fang Hong decided to launch an exponential market, which would start as soon as New Year's Day passed in the new year.
It's just that it is impossible and must not be openly stated one's intentions in this kind of thing. If you really say it, the entire market will go completely crazy, and the NSE 50 Index will even break the market.
Therefore, we can only do it silently and never say it out loud, leaving all players participating in this market to play the game and make their own judgments.
Entering mid-to-late December, the NSE 50 index began to fluctuate upward in the last dozen trading days at the end of the year. The K-line chart that appeared also corrected after a day or two, and then a positive line came back to repair it, and broke through the callback.
The high point of the time.
On Tuesday, December 26, the SGX 50 index once again reversed and repaired and broke through the high point of the previous trading day. On the same day, the positive line closed up 2.24% to 2837.01 points, once again standing at the 2800 point mark. The SGX market's
The total daily trading volume also increased to 454.6 billion.
It pulled back again on Wednesday, closing down -1.21% after the market closed, barely holding on to 2,800 points.
The next Thursday was the penultimate trading day of 2017. On this day, as most investors expected, the NSE 50 Index directly reversed and broke through yesterday's high, closing the day up 2.16% at 2863.28 points.
.
On Friday, December 29, the last trading day of 2017 arrived as scheduled.
Today's NSE 50 index call auction result opened slightly higher by 0.25%, and then fell back after the opening. In the past few trading days, many investors have been doing T operations, especially some short-term funds.
Because the trend of the NSE 50 index in the past half month has been very regular, even simply using the "five-day moving average" strategy is perfect. Buy when it pulls back to the five-day moving average price line, and after repairing it,
Sell at the end of the trading session and wait for a pullback, then buy back at the bottom when the price crosses the five-day moving average again.
Many people have made a lot of money by just relying on a wave of "five-day line tactics" to operate back and forth on the NSE 50 ETF, and gained 10 to 12 percentage points, while the range increase of the NSE 50 Index is
About 6 percentage points, significantly outperforming the index.
Today, many short-term funds and people doing T operations are still operating according to the previous path and selling, because according to the previous rules, there will definitely be a correction today. In addition, the market will be closed for a holiday starting tomorrow, which makes people believe that today
To call back.
Therefore, many people chose to sell, and the NSE 50 index opened higher and moved lower because of this. It turned green less than 15 minutes after the opening. At about 10 o'clock, the decline expanded to -0.56%, but it did not reach the bottom until this point.
.
At around 14:30 in the afternoon, the situation was different. The market trend was beyond most people's expectations. Today's NSE 50 Index did not follow the script expected by the market.
The mysterious main force took action in the last half hour of the trading session, and it was a heavy blow. It took less than five minutes to lift the New Securities 50 Index from underwater to above the red zone, and began a strong short squeeze.
.
"What the hell? Is there some new good news?"
Many investors were surprised when they saw the strong rise in the late trading and the unilateral upward trend without any resistance. Most people subconsciously thought that there was some major good news, so they looked for information in various ways.
However, there was no sudden positive news and the news was very calm.
At this moment, the NSE 50 index still maintains a continuous upward trend, and the trading volume has also increased significantly. The increase has expanded to 1 percentage point. Some of the funds that chose arbitrage selling in the early trading were shorted and sold low and bought high.
However, most people who did T operations back and forth during this period still came up short, because path dependence and late-day pull-up made them scrupulous, and the last bit of trading time at the end of the day did not give them too much time to think.
trade off.
After hesitating for a while and it rose higher, I didn’t want to chase the high anymore. I made a lot of arbitrage profits through the previous T operation and had path dependence. I didn’t want to chase the high. I thought there was a high probability that I would step back and step back. It would be better to wait until I step back and then take it back.
Plus what news may come out during the holidays makes them even more determined.
Hesitate here and there, and even if you finally decide to chase higher, the market has closed and you can't buy if you want to buy.
The time soon advanced to 15 o'clock, and the market officially closed, marking the end of the last trading day of 2017. The NSE 50 Index once again regained the 2,900-point mark, closing up 1.56% after the market closed at 2,907.91 points.
The trading volume of the SGX market increased to 538.3 billion throughout the day, while the total trading volume of the Shanghai and Shenzhen stock markets was 365.9 billion. The trading scale of the SGX exceeded the sum of the Shanghai and Shenzhen stock markets, and there was an additional one from the Shanghai stock market.
In terms of transaction scale, the transaction volume of the Shanghai Stock Exchange today is only about 170 billion yuan.
Judging from the K-line graph, the New Securities 50 Index made a bald yang today, and the closing price was the highest price of the day.
The majority of stock investors have also worshiped the performance of the NSE 50 Index in the last month, and are of course very satisfied. After the closing of the last trading day at the end of the year, the NSE 50 Index returned to 2900 points, which is very close to the historical high of 2943.93.
.
The decline last month has basically been recovered. It has risen from the bottom of 2601.99 points, with a cumulative increase of 11.75%, leading the Shanghai main board index to rise by more than 10 percentage points. During the same period, the Shanghai stock index's range increase was only about 1 percentage point, basically
It's just in a sideways position.
The Shanghai Composite Index fell from 3450 points last month to 3250 points, and today it closed at just above 3300 points. A comparison shows which one is stronger and which one is weaker.
…
Meditation Villa.
"A surprising thing happened today. A small and medium-cap stock listed on GEM wanted to delist from the main board and then transfer to the SGX market for re-listing." Tian Jiayi, who came back from get off work at the company, found Fang Hong at this moment. , and reported the matter to him immediately.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! When Fang Hong heard this, he was suddenly surprised and couldn't help but said: "Is there such a thing?"
Tian Jiayi nodded affirmatively and handed him a document: "This is the detailed information about the company that has been compiled."
It is rare for listed companies to voluntarily delist in the A-share market. So far, only one listed company has voluntarily delisted, namely ST Erzhong, which delisted in 2014.
But strictly speaking, it was a helpless move. This company was already facing forced delisting and it was certain, because after going public in early 2010, its performance changed and it suffered losses for four consecutive years.
I had to retreat even if I didn’t want to, so I took the initiative to retreat.
Fang Hong took the material from the beautiful assistant and read it. This company, which has been listed on the main board for three years, wants to take the initiative to delist and re-list on the SGX. The company is a private enterprise, and its latest market capitalization as of today's closing is
to 10.9 billion.
The data shows that this company currently has no problems, its fundamentals are good, and it has growth potential. The company's operations are also good, and its prospects are very good.
However, the stock price fell miserably. During the bull market in the first half of 2015, the company's market capitalization once soared to 69.7 billion, and then it was cut in half as expected during the catastrophic market.
If the market value has been cut in half from nearly 70 billion, it is the bubble that was blown up by the previous bull market that was punctured, and the meltdown of nearly -40% in 2016 is a further return to the mean, then this year it has been cut in half from 22.7 billion to the current 109
Hundreds of millions were killed by mistake.
Fang Hong looked at the materials and said to himself: "The valuation of 30 billion yuan for this target is not an overestimation. The current price of more than 100 billion yuan is a serious underestimate."
Tian Jiayi immediately said: "Actually, there are more than one small and medium-cap stocks that have been wrongly killed, but the current market environment is like this. When retail investors move to the SGX, they also abandon all the small and medium-cap stocks on the main boards of the two cities, resulting in small and medium-sized stocks.
The liquidity has dried up, and if companies want to refinance, they can’t even think about it without some crooked ideas.”
Nowadays, the small and medium-sized enterprises next door are really miserable. Regardless of whether they are really good companies or junk stocks, they all have one word: down!
There is no increase in liquidity, and the stock is still escaping. Anyone who dares to take the initiative to rise will just send money, because they will be smashed and no one knows them, so no one dares to rise at all, and a few people who do not believe in evil will be trapped to death in the end.
, the result was that I had to kneel down to admit my mistake and cut my flesh.
