The SGX market continued its strong bullish trend today. Although the SGX 50 index opened flat in the early trading, it quickly surged upward without any retracement after the opening, showing a trend of rising volume and price.
Around 11 a.m., major market software push messages:
[The NSE 50 Index rose more than 1.52% to 4090 points, breaking through 4085 points to hit a record high]
Less than ten minutes later, major market software pushed messages:
[The NSE 50 Index stands at 4100 points, continuing to hit new highs]
The market was in a boiling mood. Unexpectedly, the NSE 50 Index broke through three consecutive times and hit a new high. I thought that the official launch of "New Port Connect" was a positive expectation. Those who chose to jump out regretted it and slapped their thighs directly.
The major stock forums and communication groups are all discussing it. The market conditions are so good and everyone is very happy.
[This Sanlianyang is really picturesque, awesome!]
[Are foreign investors crazy? They bought 55.2 billion on the first day, 53.9 billion yesterday, and now it’s 31.7 billion today. This is a record-breaking pace!]
[I found that there was no outflow of foreign capital in the SGX market in the past two days. Are you so optimistic? No one is short-term?]
[Isn’t this normal? The institutional T 3 trading mechanism of SGX is the T 1 trading mechanism for retail investors. Even if you wanted to outflow in the past two days, you couldn’t sell. Today, more than 3 billion have been outflowed. However, compared with the inflow,
The scale can only be a fraction.]
[Fortunately, I didn’t believe those teachers and influencers who said that it’s time to go after the launch of Newport Connect. The good news will be realized and the market outlook will be short.]
[Stop scolding, don’t scold, it’s three consecutive days of sunshine, it’s a serious shortfall.]
[The Shanghai Composite Index is barely standing at 2,900 points, while the NSE 50 Index is already at 4,100 points. There is an absolute point gap of 1,200 points between the two, which is quite shocking to be honest!]
[Living in fear of rising prices every day...(face covering.jpg)]
[The bull market period of the SGX market has exceeded that of 2007 and 2015, it is invincible!]
[The index has risen more sharply than the stocks next door. The annual line has exceeded 40 points, which feels like it will exceed last year’s 46% increase.]
[No surprise, it will probably exceed.]
…
At around 13:22 p.m., major market software pushed messages:
[Xingyu Technology continued to strengthen in the afternoon, with the increase expanding to 3.71%, with a market value of 92,337, a record high.]
At this moment, the company's market sentiment index also soared rapidly, and people from all walks of life came to watch. Xingyu Technology stood at the 9 trillion market value mark for the first time today, which is approximately 1,347.9 billion US dollars, excluding exchange rate changes.
The distance to 10 trillion is getting closer. Many investors are looking forward to this moment, and everyone believes that it is a matter of time before Xingyu Technology breaks through 10 trillion.
For the A-share market, this is undoubtedly a historic moment. The first listed company with a market value exceeding 10 trillion is basically locked in Xingyu Technology. There is no suspense, and it is not a financial oil stock but a technology stock. It is destined to carry
The history of getting into Big A.
After the close, the SGX 50 Index surged 2.42% to 4126.10 points. Today's trading volume in the SGX market also hit a new high of 765 billion.
Among them, the net inflow of foreign capital into the SGX market hit a new high, setting a new high for the largest net inflow in a single day and a new high for cumulative net inflow, which were 59.2 billion and 168.3 billion respectively. Three days after the opening of New Port Connect, foreign capital bought heavily for three days.
Especially the sovereign fund of the local tycoon. Data shows that the PIF fund bought more than 40 billion in three days, accounting for a quarter of the foreign capital. It is the largest buyer. This incident also triggered the concern of big A shareholders.
Hot discussion.
There are also various analyzes on the Internet explaining why foreign investors are so optimistic about the SGX market.
There are naturally many reasons, but one of them must be among them, that is, the funds that can be won by suppressing the big Eastern countries are now rushing to buy, because a single foreign-funded institution cannot hold a certain proportion of a single listed company in the SGX market.
If it exceeds 5%, for some promising small-cap growth stocks, if you don’t get on board early, you may not be able to buy them later.
The tycoon's PIF sovereign fund is particularly fond of galaxy concept stocks, but these stocks are all billion-dollar stocks, including Xingyu Technology and Matrix Quantum, which are epic stocks worth more than 5 trillion.
Although there is a lot of money flowing into the local tycoons, these big guys are too big. The market value of behemoths like Xingyu Technology has reached 9.23 trillion. Even the local tycoons can hardly fill 5% of their positions. According to the current market price, 5
% of the equity ratio corresponds to a market capitalization of more than 461.6 billion. Even wealthy people with financial ability cannot hold such a large size.
This also reflects the current size of the SGX market, which can meet the asset allocation needs of global investors.
However, it is worth mentioning that as the SGX market once again broke through all-time highs, some bubble theorists still spared no effort to criticize the market, and they also denounced the bubble with a posture of concern for the country and the people, with a look of "Big A is in danger"
"The tone directly calls out that the SGX market is brewing the next round of stock market disaster. This huge bubble is no less than that of 2015 and has even surpassed that of 2015..."
These bubble theorists are either parasitic financial rentiers living next door. The SGX market is booming, but investors have abandoned them, leaving them with no one to cut off. Therefore, various mouthpieces are mobilized to promote the SGX bubble theory.
Either it is a dogleg raised by the West. The SGX market maintains a bull market for a long time, which is the last thing Angsa and Squid Capital Group want to see.
In the past three days, the net inflow of overseas capital has exceeded 160 billion. This money should have flowed into the Beijing Magnesium Capital Market to support the US stock bubble, but ended up going to the SGX Market of the great Eastern country.
Angsa and Squid Capital Group actually saw it in their eyes, hated it in their hearts, and gritted their teeth.
In their eyes, you, Big A, should just sit on the floor price. On the one hand, let them buy high-quality core assets at the bottom. On the other hand, if your stock market is on the floor, global capital can only run away.
Bei Magnesium Capital Market.
The SGX market continues to boom. Now that foreign investment channels have been liberalized, some overseas investors who have long been eyeing the return on investment in this market are now flocking to the market. Moreover, the size of the SGX market is also slowly increasing. Can accommodate more funds.
From the net inflow of more than 160 billion yuan in the past three days, Angsa and Squid Capital Group have clearly felt that the SGX market has posed a real threat to the North Magnesium Capital Market.
What makes them gnash their teeth is that several attempts have failed to bring down the SGX market.
It is quite difficult to short-sell in this market, because Fang Hong is more biased towards the long side when designing the top level. This is an objective fact, because this is the basis of reality.
Before Lao Magnesium's stock market exploded, or even before Lao Magnesium was crippled, the SGX market would not change its bias toward bulls.
Faced with the current situation of the SGX market, Angsa and Squid Capital Group are also in a state of schizophrenia. On the one hand, they want to destroy it, but after seeing the benefits of the SGX market, they want to get a share of the pie, but they have to. If you want to get a piece of the pie, you are actually providing liquidity support to the SGX market, let alone destroying it.
