Chapter 1544 [The market value of Xingyu Technology breaks through 20 trillion for the first time]
Fang Hong looked at Pinduoduo's time-sharing market for a while, and then switched to the NSE 50 Index to take a look.
Today's A-share market ushered in the first trading day of the new year of 2020. It is already past 10 a.m., and the SGX market has been open for more than an hour.
Affected by the news of the "2019 Global Macroeconomic Comprehensive Analysis Report" released by Qunxing Group, the capital market generally interpreted it as a major positive, and the three major stock indexes got off to a good start on the first day of the year.
Although this report is the opinion of Qunxing Group, it is extremely valuable and authoritative. It can be said that the endorsement of the word "Qunxing" is valuable and authoritative.
The first two reports have already demonstrated their professionalism. Qunxing has already provided assessment data. The economic scale in 2019 is 135 trillion, so there is a high probability that the final data will not be biased.
The NSE 50 Index jumped 0.74% higher today at the opening price of 6339.50 points, and the collective fund directly entered the 6300-point mark.
After the opening, the index showed a unilateral upward trend, and the current NSE 50 Index is hitting a record high every time it rises by one point.
The Internet celebrity economy and the game sector led the gains in both cities. Now because of the issue of masks, most people choose to stay at home, so the market interprets it as good for games. The Internet celebrity economy is all related to online.
In addition, sectors such as semiconductors, medical equipment, and shipping were active.
The Shanghai and Shenzhen stock markets next door also opened higher at 9:30, and both opened higher.
All three major trading markets showed general gains today.
Obviously, today's market is so strong, and the comprehensive macroeconomic analysis report released by Qunxing Group has had a huge boosting effect on the capital market.
Moreover, expectations of monetary easing in various countries around the world have been formed, and they are all cutting interest rates. Bei Magnesium cut interest rates three times last year. The market generally predicts that Amnesia will have to continue printing money if its nuclear-powered money printing machine starts to smoke. Otherwise, Bei Magnesium's stock market will
The bull market cannot be sustained.
People who hold cash in their hands have to worry that their wealth will depreciate significantly, so they will choose to hold assets to maintain and increase their value.
Those high-quality core assets will become hot commodities, and those with the highest prices will get them. As a result, asset prices will rise with the tide, and this will be reflected in the stock market, with stock prices reaching new highs and new highs again.
At this moment, Fang Hong was attracted by the push message in a small window, so he clicked on it and took a look.
[The market value of Xingyu Technology exceeded the 20 trillion mark, becoming the first listed company in the history of A-shares with a market value exceeding 20 trillion]
At this time, all the major market software have pushed this news, and many stock investors have also seen it. They immediately switched to Xingyu Technology's time-sharing market to watch, which also caused the stock's popularity index to soar, and it didn't take long to enter today's market.
The top ten positions in the ranking of popular stocks.
Nowadays, many market software, especially those well-known platforms such as Dongcai, Tonghuashun, etc., have followed the Internet trend and provided barrage communication functions. If investors want to experience barrage communication, they can open this function to participate in comments and send out comments.
The barrage will float directly on the time-sharing page.
On the current time-sharing page of the stock Xingyu Technology, if you turn on the barrage communication function, you will quickly see a large number of barrage comments floating by.
[6666666]
[Xingyu Technology Niubi——!]
[This is a moment to witness history!]
[Market value of 20 trillion...]
[You can compare it with the Shenzhen Stock Exchange next door. The combined market value of all stocks in the Shenzhen Stock Exchange next door is only 23 trillion.]
[As evidenced by this post, Xingyu Technology will definitely have a company with a market value exceeding the total market value of the entire Shenzhen stock market in the future.]
[The stock price of Matrix Quantum next door has also reached a record high, with a market value of 12.88 trillion!]
[Worthy of being the “Double King of Big and Small” in the A-share market, he’s really a bully!]
[The combined market value of the two companies is 33 trillion, accounting for 43% of the market value of the SGX market, accounting for almost half, which is outrageous...]
[Trivia: The total market value of the listed companies in the Galaxy Group has reached about 75% of the market value in the SGX market, which is a market value of 57 trillion. However, the number of listed companies in the Galaxy Group is only about 350, accounting for
Less than 20% than the number of companies listed on the SGX market.]
[It’s so scary. It’s so scary.]
[With less than 20% of the number of listed companies, they account for 75% of the market value of the entire exchange. The 82 phenomenon is ubiquitous.]
[Now I finally have a deep understanding of what a fixed star and a ballast stone are.]
…
Fang Hong looked at it for a while and then closed the market software. At this time, the billions of investors in Big A were worshiping Xingyu Technology.
As of the close, the three major A-share stock indexes had a good start and ended in the red across the board.
The NSE 50 Index broke through the 6300 and 6400 points in succession, rising 1.95% to 6415.82 points after the market; the Shanghai Stock Exchange Index rose 1.15% to 3085.20 points; the Shenzhen Component Index rose 1.99% to 10638.82 points.
The total transaction volume of the three major trading markets has increased significantly to 2020.1 billion. On the first trading day of the new year, the market volume is the 2 trillion mark.
Among them, the SGX market increased its volume to 1,268.6 billion, an increase of 247.1 billion from the previous trading day. As for the Shanghai and Shenzhen stock markets, the Shanghai stock market’s turnover today was 327.2 billion, and the Shenzhen stock market’s turnover was 424.3 billion.
In addition, the net inflow of northbound funds today was 82.637 billion, which was the second largest single-day net inflow in history. About 92% of the net inflows entered the SGX market from Xingangtong, with a net purchase amount of 75.928 billion, and another 6.712 billion.
Entered the two cities next door.
It is worth mentioning that in the two neighboring cities, Shanghai Stock Connect and Shenzhen Stock Connect, foreign investors have a daily purchase limit, which is a maximum of about 50 billion.
I don’t know how popular I thought it was, but it’s hard to see the tens of billions flowing in every day.
This chapter is not over yet, please click on the next page to continue reading! The New Stock Connect in the SGX market does not set a limit on the single-day net inflow of foreign capital, because the SGX has a fixed upper limit on the proportion of foreign capital holding a stock.
Fang Hong is not afraid of large inflows or outflows of foreign capital or international hot money in the short term.
The pricing power of the core assets listed on the SGX market has long been in its own hands. What is the valuation of the target at what stage, especially the Qunxing listed companies, Qunxing Group is in control.
The total market value of foreign holdings in the SGX market is now reaching 7 trillion. Foreign investors can sell, or even sell, and they can catch as much as they want, but if they want to sell, they have to sell at a price that is cut in half.
, and then buying the bottom is impossible.
If you hit the market and retreat now, unless you don’t come back to play in the future, but if you come back to play in the future, you will find that the stock price at that time has risen much higher than now. If you sell it out properly, the holding cost of re-entering will be
It will only be higher than it is now.
Fang Hong has no plans to further expand the shareholding ratio of foreign capital in companies listed on the SGX. Unsurprisingly, he will not consider expanding the ratio in the next five years. This is also to guide foreign capital to provide liquidity and financing support for new shares.
If core assets or star stocks are bought by foreign investors and cannot be bought again, but foreign investors who want to get on the train later need to allocate stocks in the SGX market, either the foreign investors who got on the train earlier will jump out of the train and give up their shares, or they will go
Buy new stocks that have just been listed.
There is basically no foreign investment in the listing of new stocks, and now some foreign-funded institutions like to allocate new stocks that have just been listed on the SGX because these new stocks have very good investment returns. Although the risks are high, the initial holding costs are also small.
.
However, for now, it is still far from reaching the maximum shareholding ratio of more than 1,800 stocks listed on the SGX.
Just one Xingyu Technology will never be able to reach the full shareholding limit. The size is too huge. Not all the foreign capital held will be bought and then sold. Now foreign capital is entering and exiting the stock of Xingyu Technology every day.
