Chapter 1643 [Tongtai Automobile’s new product is about to be released, attracting much attention]
In the next few days, November also came to an end. After reaching the 9,000-point mark this month, the NSE 50 Index adjusted for two days and stepped back to the 5-day average price line before rising again and continuing to reach new highs.
On the last trading day of November, the Singapore Securities 50 Index opened higher and moved higher. It reached an intraday high of 9494.30 points, and the increase expanded to 2.31%. However, there was a dive in the afternoon, and finally closed down -0.20%, at 9261.42.
point, the SGX market’s full-day turnover reached 1.82 trillion.
If calculated based on the highest point of the month, the cumulative increase of the NSE 50 Index in November exceeded 19 percentage points. Even based on the closing price of the last trading day, the cumulative increase this month was 16.22%.
Judging from this month's K-line graph, the NSE 50 Index almost rose unilaterally along the 5-day moving average. Every time it pulled back, it dropped to the 5-day moving average to stop falling, and then rebounded again and reached a new high. It can be said that it is
What a mess.
…
The time has come to December, the last month of this year.
On Tuesday, December 1, the A-share market opened today, ushering in a good start to December.
The three major stock indexes have experienced sharp gains across the board. The NSE 50 Index opened lower in early trading, but after the opening, it rose unilaterally throughout the day, rising strongly and successfully reaching the 9,500-point mark.
Banks, securities firms and other financial sectors in the two neighboring cities also experienced explosive growth.
What I have to say is that the trend of the brokerage sector in this life is much stronger than that in Fang Hong’s previous life. This is also reasonable, because the A-shares in this life have the SGX, which has brought huge changes to the entire A-share market.
Transaction volume, which is actually beneficial to the performance of securities companies.
Since the new trading rules were officially implemented in the SGX market on November 9, the trading volume of this market has increased significantly. Especially in mid-to-late November, the daily trading volume has exceeded 1.5 trillion, and from time to time it has reached 17,000.
billion, a height of 1.8 trillion.
This also drove the securities sector index to break through the high point in 2015 and reach a new historical high. Since this sector hit a five-year historical low in October 2018, the cumulative increase of the entire industry sector has exceeded three times.
Without the SGX market, it would have been absolutely impossible for the securities sector to be so strong, let alone to break through the historical highs of the epic market in 2015.
As of the close of trading, the SGX 50 Index rose 2.61% to 9503.45 points. The SGX market had a full-day turnover of 1.77 trillion. The Shanghai and Shenzhen Stock Exchanges also closed up 1.77% and 1.90% respectively today.
The index is also about to break through the high point for the year.
…
At about 16:00 in the afternoon, about an hour after the market closed, the first major news in December came, which quickly attracted huge attention from the capital market.
Surprisingly, Xingyu Technology and Matrix Quantum issued announcements almost at the same time, deciding to spin off and reorganize the company. This matter has passed the board of directors resolution and has received the support of the parent company Qunxing Group.
Both companies have decided to spin off several of their core businesses and establish separate subsidiaries to operate independently and have independent finances. The split subsidiaries will also be listed on the SGX.
The news announced today is also the result of discussions between the heads of the two companies and Big Boss Fang Hong.
After the news came out, it aroused huge attention and heated discussion from all walks of life in the outside world, especially investors who hold stocks of these two companies.
What surprised investors was that with the announcement of such a major event, everyone thought that the two companies would be suspended from trading. In the end, trading was not suspended, and the market will open as usual tomorrow.
Generally speaking, if something as big as a company's split or reorganization occurs, it will definitely require a trading suspension.
But it is also possible not to suspend trading.
The reason why these two companies have not suspended trading is also very simple. On the one hand, they have just issued the announcement and have not officially implemented it. How can such a big company do such a big thing so quickly? On the other hand, it is to pull up the NSE 50 Index within the year.
With the clear goal of breaking through the 10,000-point mark, these two companies need to be boosted to help the NSE 50 Index reach the 10,000-point mark.
In Fang Hong's plan, after this year ends, the news of the launch of new indices and ETFs on the SGX market will be released early next year. By then, the SGX 50 index will inevitably fall. This will definitely happen.
Because it is indeed negative for the NSE 50 Index in the short term.
At that time, it will depend on how big the market reaction will be. If the drop is too severe, then the two super large-cap stocks of Xingyu Technology and Matrix Quantum will be suspended from trading and officially enter the spin-off and reorganization.
When these two "big and small kings" were suspended from trading, listed companies such as Jiuzhou Blue Arrow, Yixing Video, and WeChat stood up to stir up the market and began to rise, stabilizing the market index. These stocks were used to hedge against the "big and small kings"
In fact, the increase is relatively small, and in some cases, the increase has been suppressed.
But you still have to go up and cash it out after all. The value is basically there, and the suppression is only temporary.
It can be seen that on the surface, the trend of these large tickets is the result of the capital game between all parties in the market. This can only be said to be short-term at best, but the overall general trend and when to cash it out have actually been arranged by an invisible force.
.
As Xingyu Technology and Matrix Quantum announced the major news of their spin-off and reorganization, the next day, the stock prices of the two companies saw varying degrees of correction.
Because after the spin-off, the value will definitely need to be revalued. The valuation of the overall integration and the valuation of splitting into respective industries will definitely be different.
It is difficult for holders to judge. Some people choose to sell stocks and wait and see with money. OTC funds also choose to hold money and wait and see, so there will be a correction.
And in the next two weeks, the NSE 50 Index also corrected for seven or eight trading days, and also fell below the 5-day moving average, once falling to 9,200 points. This actually made many expect the NSE 50 Index to rebound during the year.
Those who have reached 10,000 points are worried that they will not reach this goal because they are worried that time is running out and the end of 2020 is approaching.
This chapter is not over yet, please click on the next page to continue reading! When it broke through 9,500 points, everyone was looking forward to it. It was already within 500 points of breaking through the 10,000 point mark. As a result, as soon as the news came out, not only did it not pull in 10,000 points,
The distance between the two points has actually become further.
However, Fang Hong is not worried at all. The more than 5 trillion funds allocated to the SGX market this time still have 1.5 trillion in ammunition, and there is so much OTC liquidity support that the top 1
There is nothing wrong with Trillions.
At the same time, after entering December, the automotive industry became more popular again.
Because Tongtai Automobile Group is about to hold a product launch, this is another major event that everyone inside and outside the industry is paying close attention to. It can be said that it is attracting everyone's attention.
As the first company to cooperate with Xingyu Technology and completely hand over its "soul" to Xingyu Technology, everyone is very concerned about how it will perform.
And everyone knows that the new energy vehicles to be released by Tongtai Automobile Group will target the consumer market for the mainstream mass market.
Therefore, many ordinary people are also very concerned about it. Car owners who cannot afford the four major car series products of Xingyu Technology, N, U, A, and R, have long set their sights on the new products that are about to be launched by Tongtai Automobile Group.
Although this car company was previously an 18th-tier manufacturer, no one even knew about it.
But at this moment, what everyone is looking forward to is not Tongtai, but that it will fully adopt the standard system of Xingyu Technology. The professional team of Xingyu Technology will guide the operation step by step, as well as the technical support of Xingyu Technology, so car owners
We also want to take a high look at it, at least to see what the finished car is like before we talk about it.
