Two days later, that is, on the weekend of December 31, the company’s boss received a definite answer. As soon as it was delisted, SGX would make limited arrangements for his company to prepare for listing, which would be in 2018 at the latest.
Completed IPO in February.
The boss of the company felt refreshed and knew that he had made the right bet.
The stone hanging in his heart was completely relieved. In the following days, he began to work on the delisting of the company, but he did not reveal in advance that he wanted to be listed on the SGX. He also knew very well that it would be exposed in advance.
The road to delisting will add a lot of obstacles.
After all, you delisted in order to be listed on the SGX, and you couldn't wait to list as soon as you delisted. This is almost a mockery of the market next door.
…
On New Year's Day, the new year of 2018, major financial media or financial bloggers have also written articles to summarize the A-share market conditions in 2017.
Three days ago, on December 29, 2017, A-shares ended the last trading day of 2017, and all three major trading markets in Shanghai and Shenzhen ended in the red.
The SGX 50 Index closed at 2907.91 points, a cumulative increase of 46.57% for the whole year, and the annual turnover of the SGX market was 65.7 trillion; the Shanghai Stock Exchange Index closed at 3307.17 points, a cumulative increase of 6.56% for the whole year, and the annual turnover of the Shanghai Stock Exchange was 43.6 trillion.
; The Shenzhen Component Index closed at 11040.45 points, with a cumulative increase of 8.48% throughout the year, and the Shenzhen Stock Exchange’s annual turnover was 53.1 trillion.
The SGX market is undoubtedly the most dazzling presence in the A-share market and even the global market in 2017. Its growth rate is ahead of the two neighboring markets. Looking at the major capital markets around the world, it is also the most outstanding market.
During the same period, the Dow Jones Index had the best rise among the three major stock indexes, with a cumulative increase of 25 percentage points throughout the year. The NSE 50 Index led the Dow Jones Index by nearly one position.
The SGX market has been bullish for two years since its opening and is still in a bull market trend. In the two years since the market opened on January 4, 2016, the SGX 50 Index has increased by 190.79 points.
%, the SGX market also continues to maintain an overall pattern of seven gains, two draws, and one loss, which is almost symmetrical with the two neighboring markets' seven losses, two draws, and one gain.
The majority of investors still feel that it is like a dream. The SGX market can enable 70% of investors to make profits. This is something that many big A investors have never dreamed of in the past. At the same time, the SGX market is so dazzling.
, how embarrassing it is to be next door.
In the big A market in 2017, the overall investment style of the market is very obvious. First, funds continue to enter the SGX. In addition, the "Nifty 50" represented by white horse stocks and blue chip heavyweight stocks continue to strengthen.
Not to mention the NSE 50 Index, it is the only one.
In addition, the cumulative increase of the Shanghai Composite 50 Index during the year also reached 25.08%. Especially in the second half of the year, the trend of "taking big for beauty and core assets" became louder and louder, while small and medium-sized enterprises, mostly small-cap stocks, plummeted.
During this period, various funds such as Beijing Capital, social security funds, and insurance funds entered the market one after another to purchase core assets, value investments, and white horse stocks showed their charm. The stock prices hit record highs one after another. The SGX market and its stars
Those ultra-large-cap stocks in the system have become the best "bull-making" concentration camp in the A-share market in 2017. The market value of Xingyu Technology has reached 8 trillion, and the market value of Matrix Quantum has also reached the 6 trillion mark.
After the end of 2017, the total market capitalization of the A-share market reached an unprecedented 90 trillion, of which the Shanghai and Shenzhen stock markets totaled 52.1 trillion, an increase of 1.5 trillion compared with last year, while the total market capitalization of the SGX soared to
37.9 trillion, an increase of 11.98 trillion compared with last year.
The total market value of the SGX market has increased to 42.12% of the A-share market value, surpassing the 33 trillion of the Shanghai Stock Exchange and becoming the first of the three major A-share trading markets. In terms of market value, cumulative increase and trading volume, it can
, both won first place.
In addition, the number of companies listed on the SGX market has also reached 1,186. The number of new shares issued and listed in 2017 has not reached a new high. It is much less than in 2016. There is a high probability that the number of new shares listed in 2018 will not exceed that in 2017.
.
This is because good companies have basically gotten almost the same admissions in the past two years. Although they are lenient and strict in management, it does not mean that they will be admitted casually. Those who do not meet the standards will still not be admitted.
The number of listed companies on the SGX market has now exceeded 1,000, and they already have considerable financial carrying capacity and can initially serve as a reservoir. There is no need to encourage growth in the future. It is more necessary to consolidate existing results and develop
Once it is solid, then let the market metabolize itself and advance and retreat in an orderly manner.
Starting from this year, Fang Hong will no longer let the SGX market overly insist on the number of listed companies, and will no longer carry out too many strong interventions. As long as the applications for listing meet the requirements, they will be given a normal pass, and the market will be allowed to metabolize itself.
Fang Hong estimates that the SGX market will have more than 350 companies throughout 2018, and will be able to exceed 2,000 by 2020.
…
On the afternoon of New Year's Day, the capital market ushered in the first major news of the new year.
There are rumors that the SGX market is preparing to promote the "New Port Connect" matter, which is the access channel for foreign investment, which is what investors usually call northbound funds. This so-called "New Port Connect" is different from the "Shanghai-Shenzhen-Hong Kong Stock Connect" of the two neighboring cities.
"Tong" is similar.
In short, this news and rumor is that foreign investors can participate in investment in the SGX market through the "Newport Connect" channel.
Such a gust of wind blew up on the first day of the new year, which attracted special attention from people from all walks of life in the capital market. Although it was just a rumor, the outside world believed that this kind of thing would not blow up a gust of wind for no reason.
The most important thing is that when the news spread wildly in the circle, the SGX did not come out to refute the rumors, which is interesting.
This chapter is not over, please click on the next page to continue reading! To a certain extent, this is equivalent to the default.
The registration-based pilot project of SGX was launched on January 4, 2016. It has been just two years since its launch. Judging from the current results, the SGX market has undoubtedly been a great success and has achieved far more than all parties have achieved.
expected achievements.
Now it has become the most popular place in the A-share market.
However, the SGX market has not yet opened the access channel for foreign investment. In the past two years, the SGX market has been booming. In the two years since its opening, the SGX 50 index has risen by more than 190%. In terms of return on investment, during the same period, the global
The big stock market is in a state of turmoil.
As for foreign capital, it can be said that it has completely failed the market trend in the past two years. It is impossible not to be jealous. Although there are also foreign capital that "curved into the market", their proportion is too small.
Not long after the rumors came out, many foreign investment institutions also paid close attention and began to discuss and study whether the current SGX market still has investment value if the access channel for foreign investment is really opened, how high the risk is, and the potential investment
The rate of return will be geometric and a series of other issues.
Foreign capital is not just Beijing Magnesium Wall Street Capital. For example, the local tycoons in the Middle East and the Ozhou Novi Pension Fund are also among the foreign investors. If you cannot participate in a market with such an excellent return on investment, you can only stare at them and be anxious.
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However, some foreign capital who want to participate in investing in the SGX market are also a little worried about letting them in now. Will they want to kill them and pull the stock market so high that they will take over? This is something that has to be considered.
potential problems.
After all, the current prices of high-quality core assets in the SGX market are not cheap. There is no such thing as bargain hunting at this time, and some even have quite a few bubbles.
