Chapter 1423 [5,000 points is not a dream, 10,000 points is just a start]
On the following Tuesday, Wednesday, and Thursday, the three major A-share trading markets have all emerged from the recent upward trend of six consecutive positive days, and with the continued amplification of volume and energy, it means that the entire market has entered a bull market, and it is no longer a new trend.
The stock exchange market is a standout.
On Tuesday, the NSE 50 index had four consecutive positive days and closed up 0.85% at 4745.43 points after the market closed; on Wednesday, it had five consecutive positive markets, rising 2.31% and reaching the 4800-point mark, closing at 4855.11 points after the market closed.
It ended its sixth consecutive positive streak on Thursday, rising slightly by 0.11% to 4860.41 points.
In the past few days, the trading volume of the SGX has been maintained at around 950 billion. Rounding off, it can basically be regarded as a quasi-trillion trading market.
In addition, the Shanghai Stock Exchange Index also successfully regained the 2,700-point mark on Thursday.
The three major markets are all rising, but the SGX market is still the most dazzling one in the entire Big A. After breaking through the previous high, it is now hitting new record highs every day.
In terms of individual stocks, Bionic Power Company staged an elephant dancing market. Since the first daily limit on the last trading day before the holiday, it has recorded five consecutive daily daily limit as of this Thursday, and has hit four consecutive one-line daily limit in the four trading days since the holiday.
The company's latest stock price is 148.79 yuan, and the corresponding total market value has exceeded the 500 billion mark, specifically 588.177 billion.
By this Friday, all three major stock indexes had stopped posting six consecutive positives and pulled back across the board today. The NSE 50 Index fell -1.56% to close at 4784.73 points.
Bionic Power Company opened a straight line in the early trading, but due to the market's retaliation, it also exploded during the session. It once dived to the 3% water level, releasing more than 30 billion in energy. However, in the afternoon, Bionic Power Company was strongly closed, and directly
The intraday divergence weakened and turned strong, leaving the T-plate market, and achieving the daily limit for six consecutive boards, with the market value further soaring to a record high of 646.995 billion.
The current trend of this company gives people the impression that it will reach the trillion mark in one go.
…
Entering the weekend weekend, on the weekend of February 17, the SGX market announced a bombshell news. At around 11 a.m. that day, SGX issued the "Implementation Rules for the New Regulations on the Delisting Management of Xincheng Stock Exchange"
(Draft for Comments)" is open for comment.
As soon as this draft for comments was released, it exploded in Big A that day. The entire capital market was in a state of commotion. Big A’s stockholders were completely excited. Major stock forums and exchange groups were all discussing this matter.
[Sure enough! The news is not made out of thin air!]
[Witness history!]
[It has been about a month and a half since the rumors of new delisting regulations spread on January 4 this year. The rumors that have been circulating for so long have finally come to fruition.]
[No wonder it fell on Friday. Someone knew the news in advance, so realizing the good news turned out to be bad news?]
[It’s a bad thing. This is obviously an epic benefit. If you follow your logic, the SGX 50 index cannot rise to 4800 points. Stop using the thinking of the next door to strategize the SGX market, otherwise you will doubt your life.
Times have changed, my lord!]
[Last year’s staged top of 4,500 points had a capacity of 1.09 trillion. Now the market has not completely exceeded one trillion. Where can we say it has reached a top?]
[Let’s take a look at the content of this opinion draft first. What is it written about? It’s confidence!]
[It must be said that a source who is worthy of being one of the "three major people" broke the news more than a month ago, and it is indeed the same as the news.]
[It’s different. I read the content of the manuscript, and there is another rule that the news guru didn’t mention. In the future, issuers of listed companies on the SGX will have to report a valuation that they think is reasonable for their company. From now on,
If the company is forced to delist due to fraud, even if the company's latest stock price falls below the issue price, the issuer must repurchase the shares held by public investors at the issue price.]
[WTF? Real or fake?]
[Write it down in black and white in the opinion draft. You can read it yourself. It is open to soliciting opinions.]
[This stipulates that issuers know the level of their company, and they will never dare to overestimate it to death, and they will never dare to sell junk at sky-high prices. Bad money will not drive out good money. If you dare to do this,
If the fraud was discovered later, the whole family would be ruined if it was liquidated.]
[Support! You must support it!]
[Don’t be too happy, this is just an opinion draft, and it’s not 100% certain.]
[Uh... How old are you, old man? No one with any experience would say something like this. It's called asking for opinions. In fact, your and my opinions are of no use. It's just a process. Basically, it can be published like this.
This is how Inseparable came to fruition.]
[Nothing wrong...(face covering.jpg)]
[My thighs feel swollen. I hesitated when the New Securities 50 Index fell below 4200 points in the first few days of the new year. It rose unilaterally to more than 4500 points and fluctuated but I didn’t dare to chase. I was afraid of standing guard. I thought about pulling back before entering. Who would have thought
It skyrocketed all the way and accelerated to more than 4,800 points, which is really crazy.]
[Really? I said before, waiting for you at 5000 points... (manual funny)]
[Go, go, go, go! I want to lose all my money... (angry) (angry) (angry)]
[Five thousand points is not a dream, 10,000 points is just a starting point!]
…
This draft opinion issued by the SGX has made people from all walks of life in the entire capital market unable to sit still, especially the shortage of funds on the sidelines, which can be shorted at any time.
At present, investors' confidence in the SGX market has never been higher, and investors who read the content of the opinion draft were extremely excited.
Many old investors who have been playing in Big A for more than ten years and have not made much money but have lost money even couldn't help crying, saying that this day has finally come. The billions of investors in Big A have really been waiting for this moment.
It has been too long to wait.
This chapter is not over yet, please click on the next page to continue reading! In addition to this most important good news, there are also many good news released during the weekend.
First of all, bank wealth management subsidiaries have made significant progress. On the evening of the 17th, the China Banking Regulatory Commission announced on its website that ICBC, known as the world's number one bank, has been officially approved to establish a wealth management subsidiary.
Afterwards, the establishment of the fifth largest wealth management subsidiary of the Bank of China was fully approved. Different from the previous batches, the wording of the approval this time added "to achieve the opening and operation of the wealth management subsidiary as soon as possible to provide more for the real economy and financial market"
Add new compliance funds.”
This news was interpreted as a major positive in terms of funding, and the market generally expected the wealth management subsidiary to bring incremental funds to the capital market.
The second is that the social financing data in January is very eye-catching, with an increase of 2.21 trillion yuan compared with the same period last year, setting a record high, and an increase of 584.2 billion in the same period in a single month, also setting a record high.
Third, many institutions expect that the scale of foreign capital flowing into the domestic capital market in 2019 may hit a record high. Last year, the mainland capital market ushered in a record foreign capital inflow of US$300 billion in 2018, of which the Singapore Exchange
Market inflows accounted for a huge US$220 billion.
Many institutions generally predict that foreign investment in the domestic capital market will rise to US$800 billion in 2019, setting another record high. Among them, the SGX market is expected to reach a record high of US$600 billion.
Internal data from the SGX shows that from the beginning of 2019 to the present, the scale of foreign capital inflows during the year has exceeded the US$100 billion mark. The specific figure is US$108.3 billion, excluding exchange rate changes of 726.6 billion yuan.
Foreign capital has been "buying, buying, buying" almost every trading day in the new year. No matter whether the market adjusts or rises, foreign capital maintains a net inflow. When there is a correction, the net inflow is small. When there is a sharp rise, the net inflow can easily exceed 50 billion.
, a total of 28 trading days since the beginning of the year, the average daily net inflow of foreign capital has been nearly 26 billion yuan.
Since the news of the new delisting regulations came out of the SGX market at the beginning of the year, foreign investors have been buying more and more aggressively, and more and more hot money is pouring into this market.