Big A has more than 150 million shareholders and more than 500 million basic citizens, and the number continues to increase rapidly.
By guiding them to gradually "move" their money from banks to the SGX market, Fang Hong can ensure that more than 70% of the people in this market can enjoy the dividends of the capital market and promote a virtuous cycle.
It is better than them using their money to play some kind of "PiTouPi" or being squandered by all kinds of funds, which will end up blocking both ends, and wealth will continue to be concentrated in a few people, resulting in a sluggish economy and sluggish consumption.
Another implication of Fang Hong’s launch of the 4 trillion housing plan is to boost the entire economy and boost consumption.
Qunxing is now so huge, the market is sluggish, and consumption is sluggish. Qunxing has suffered the greatest impact and losses. This is actually similar to the salary increase of General Motors of Lao Mei. GM has calculated and found that it provides incentives for employees to increase wages.
Their consumption can boost the company's performance and profits, and new performance can cover the cost of salary increases and still generate a surplus.
Nowadays, there are 14 million regular employees under the Galaxy Group, which is an order of magnitude different from the number of employees of the old Magnesium General Company. The difference is 20 times. With such a huge scale, the effect will be more obvious.
Fang Hong wants to use the free housing benefit plan to first remove the huge burden of housing from the 14 million employees of Galaxy Group. The consumption potential released by it must be quite astonishing.
The pressure of this mountain is gone. You can go to disco, travel, watch movies, buy, buy... you can’t even imagine how fierce the consumption of young people is.
Even as a basic worker with a monthly salary of 4,000 yuan, he dared to directly purchase Xingyu Technology’s “four-piece set” of mobile phone, notebook, tablet, and MIX head-mounted display without any hesitation. It only costs tens of thousands of yuan to complete the full set.
Without blinking.
This is to boost the performance of enterprises in the galaxy, and the entire economy can circulate.
At the same time, the consumption potential released by these 14 million people is spread to all walks of life, and non-cluster enterprises can also benefit, and the entire economic market will become active.
Last year, the national GDP growth rate was 8.57%, and the total amount exceeded 109 trillion for the first time. In Fang Hong's previous life, the growth rate was 6.85%, and the total amount was about 83 trillion.
In the first quarter of this year, the national GDP growth rate reached 9.35%. This was achieved against the backdrop of the ongoing escalation of the trade dispute with America. It is highly likely that the growth rate will exceed 10 percentage points in the entire first half of the year.
It will only get stronger in the second half of this year, and it is highly likely that the GDP growth rate for the whole year will break double digits again, because Galaxy's "Seven Trillion Storage and Computing Integrated Data Center" plan has begun to take off.
Now, a 4 trillion free housing benefit plan has been launched, which directly removes the mortgage pressure of 14 million people, and their income is already relatively higher than that of their peers.
The next step will definitely be to consume aggressively, especially young people who don’t need to stimulate their consumption at all. After work, they don’t know which nightclub to dance at, or where to travel when they take a vacation.
According to the latest internal assessment of Qunxing Capital, the national GDP growth rate is expected to reach 10.65% this year, and the corresponding economic aggregate is expected to reach 120.6 trillion. The last time GDP growth reached double digits was 10.64 in 2010
%, and then it was below double digits until last year, and the growth rate continued to decline by 7% for five consecutive years.
It was not until 2016 that growth accelerated again, and this was while maintaining quality, that is, relying on the growth acceleration brought about by industrial transformation and upgrading.
At the same time, this time point in 2016 is also the year when the SGX market opened. After falling to 788.87 points during the initial circuit breaker, the bull market has continued to strengthen until now.
Growth accelerated in 2016, and the SGX market was also one of the very important factors.
In 2010, the national economic aggregate was just over 41 trillion, and by this year it is estimated to be 120.6 trillion, an increase of 194% in eight years, nearly doubling the absolute growth rate.
With such a huge size, it can still maintain a double-digit growth momentum. Anyone who regards it as an opponent will tremble with fear when seeing this kind of growth. It is really scary.
In the last century, it was still discussed that it would be possible for the domestic economy to catch up with Xiaoben's economy until 2050. There was actually nothing wrong with making such a prediction at that time, because the calculations at that time took into account that not only the domestic economy was growing, but also Xiaoben's
The economy is also growing.
But what people at that time never expected was that the economy of the small business had almost stood still in the past ten years, so the time was shortened by 40 years than originally expected, and it was exceeded in 2010.
And not just in the small book, there is basically no growth in Ozhou.
In the past ten years or so, America and the United States have basically shared the lion's share of global economic growth, and the Eastern Rabbit has taken the lion's share of the growth.
As a time traveler, Fang Hong knows that in his last life in 2018, the total domestic economy was about 91 trillion, and in this life in 2018 it is expected to exceed 120.6 trillion. The absolute difference between the two is nearly 30 trillion.
We can see the role of Qunxing Capital and the influence of Qunxing today. These figures can also be reflected from the side.
This is why Fang Hong dares to launch a 4 trillion free housing benefit plan now, and it is also why he is convinced that America will never kick Star Capital out of the SWIFT settlement system.
In a sense, if one must fall between the real estate market and the stars, the country will definitely choose to let the real estate market fall. Because the former is almost visible to the naked eye and is coming to an end, while the latter is constantly expanding.
Make a big cake.
…
In the following days, in terms of the capital market, the New Securities 50 Index consolidated in a convergent triangle for two weeks near the historical high of 3,700 points, and finally ushered in an upward breakthrough on Monday, May 7.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! That day, a heavy-volume Changyang line reached the 3800-point integer mark in one fell swoop. It rose 2.95% after the market closed at 3830.17 points. The SGX market continued throughout the day.
The volume of large-volume transactions reached 618.8 billion.
On Tuesday the next day, the SGX 50 index closed up again by 1.58%, at 3890.73 points, and the SGX market further increased its volume to 642.5 billion.
After that, it began to shrink and fluctuate upward, with a slight correction of -0.12% on Wednesday. On Thursday, it hit a record high and stood at the 3900 point mark. The shrinkage that day was 556.6 billion. The NSE 50 Index closed up 0.97% at 3923.72 points.
Entering the second week of May, it continued to shrink and rise to new highs. On Tuesday, May 15, the NSE 50 Index closed up 1.15% at 3979.11 points.
After two days of correction, on Friday, the NSE 50 Index once again closed the long positive line and rose sharply by 2.47%, breaking through the 4,000-point integer mark in one fell swoop, closing at 4,027.62 points, and the trading volume also increased to 600 billion again.
Then the next trading day saw a heavy volume of 636.9 billion and closed up 1.20% at 4075.86 points. The intraday high reached a new high of 4085.45 points.
In just about half a month in May, the NSE 50 Index closed with a cumulative increase of more than 10 percentage points. The stock index stood above the 4,000-point integer mark. The market was excited, and discussions in major stock forums were extremely heated.
[What? It was still at 2,600 points half a year ago, but it has already exceeded 4,000 points?]
[It’s so awesome!]
[I suddenly felt deeply uncomfortable. My big A really has an index that keeps rising. It has been rising for almost a thousand years...]
[The chicken feet are exposed...(manual funny)]
[The annual increase has exceeded 40 points, Niubi, the world's major stock indexes, and the NSE 50 index are all the most beautiful.]
[I haven’t looked at the market for a week, has it exceeded 4,000 points?]
[Foreign capital: I haven’t gotten on the bus yet!]
[One thing to say, it is really hard not to suspect that this is letting foreign capital come in to take over the market. The rise is so brutal, but the problem is that foreign capital is so stupid... (covering face, laughing and crying.jpg)]
[Let's go play next door. The next door hasn't reached 3200 points yet, it's super stable... (manual funny)]
[Hahaha!]
[When the NSE 50 index fell to a historical low of 788 points, stock commentators and big Vs were full of ridicule. At 1,500 points, they said it was just a flash in the pan. At 2,000 points, they said be careful about taking over. At 2,500 points, experts shouted that the bubble was huge and dangerous.
At 3000 points, Bianjia exclaimed that the top of the universe is coming. During the sharp drop at 3600 points, Bianjia called it a collapse. Now it is already 4000... Bianjia has not thought of words yet (Shiba Inu/.jpg)]
