The next day, Thursday, December 31, the A-share market ushered in the final day of 2020.
The market opened today. The opening price of the NSE 50 Index gapped 0.43% higher at 10301.69 points. After the opening, there was no step back to fill the gap. Instead, it stepped out of the sun again. It opened higher and moved higher, setting a new high.
new high.
Yesterday's trend was already very strong, and today's closing trend was even stronger than yesterday's, directly leading to a short squeeze.
The long intention of the super main force almost overflows the market without concealment, which also stimulates the bull atmosphere in the entire market, and the trading volume can surge significantly.
The Shanghai and Shenzhen stock markets next door also strengthened. The three major trading markets showed a collective surge. The Shanghai Stock Exchange Index also broke through a new high for the year. The brokerage sector led the gains in the two markets next door.
On the list of popular stocks, the stock at the top of the list is Tongtai Automobile. This stock continued to occupy the top position of the most popular stocks in the second half of this month.
Around 10 o'clock, major market software push news:
[Tongtai Automobile has closed the daily limit, recording 15 consecutive trading days in the last 15 trading days, and its market value has exceeded the trillion mark for the first time. 】
At that time, the total market capitalization of Tongtai Automobile was 1,000.535 billion. This daily limit pushed the company to over the trillion mark in one fell swoop. After a 15-day super market, countless investors paid homage to it.
[Niubi——!]
[Congratulations to Tongtai Automobile for entering the trillion-dollar market capitalization club!]
[The elephant dances again!]
[Alas, I am heartbroken. I missed the super big bull stock of CNNC in July, and missed the super big bull stock of Tongtai in December.]
[Mr. Yang’s net worth has also exceeded 200 billion, what a win!]
[Watching it all the way, missing it all the way!]
[Is it really necessary to reach 1.5 trillion in one go?]
[Xiao La, the layout is too small. Brother La, Tongtai’s target market value is 2 trillion, and there is still a 1 times increase!]
[I don’t dare to buy it, I can only watch it as a gift!]
[Envy, I dare to buy, but I don’t have the authority to trade SGX stocks...]
[I thought that the Elephant Dance of CNNC Ships in July was impressive enough, but I didn’t expect that there would be masters behind it. Tongtai Automobile’s trend was much stronger than that of CNNC Ships. CNNC Ships only had 11 consecutive boards, while Tongtai Motors had 15 consecutive boards!
]
…
Tongtai Automobile's stock is undoubtedly the most popular stock in December, and its market value is already equal to two BYDs.
Investors have discovered that there are really too many bull stocks in the SGX market. This time, the top ten bull stocks in 2020 are all born in the SGX market without any suspense.
Before this, no one would have thought that in August last year, Tongtai Automobile's market value was only 4.7 billion, and it was once facing the risk of delisting.
And now it has reached a height of 1 trillion, and has since entered the trillion-dollar market value club. In less than a year and a half, the company's market value has soared from 4.7 billion to the current 1000.535 billion, with a cumulative increase of 21187.97%, which doubled.
211 times as much.
If you could hold on to 50,000 yuan at the lowest point, and hold it till now, it would have increased to more than 10 million yuan in less than a year and a half.
However, except for the major shareholders of the original stocks and those who had a lock-up period for fixed-increase shares, no individual investor has received 200 times the profit, not even 100 times, because they all jumped out of the market during the rise.
The location of the first wave of jumps was when Tongtai Auto doubled ten times, that is, there was a large-scale change of hands around 50 billion. At that time, people who bought the bottom thought that ten times should be the peak.
As a result, after consolidating for about a month, the second stage of the main rise started from the position of 40 billion. The market value of this stage soared to more than 180 billion. When the second stage of the main rise more than quadrupled, the second wave appeared again.
A massive change of hands.
Then it adjusted again. After the second period of the main rise peaked, the adjustment was very large, because it happened to be the global capital market explosion in March this year. The market value of Tongtai Automobile shrank to a minimum of 101.3 billion, almost falling below the 100 billion mark.
.
This period of decline was also very brutal. In just one month, the decline reached -45.15%, which was almost cut in half from the high point.
However, the market conditions in March this year were no different. Even stocks such as Xingyu Technology and Matrix Quantum plummeted by more than 30 percentage points, and many other stocks were cut in half.
After Tongtai Auto's market value stopped falling by 101.3 billion, it began to slowly recover as the panic receded.
Until July this year, there was an exponential market, and Tongtai Motor's stock price was also driven away, and it maintained a volatile upward trend. Around September, Xingyu Technology's new energy vehicle autumn product launch conference, the new energy vehicle sector became very popular.
As its strategic partner, Tongtai Automobile also benefited, and its market value exceeded the 200 billion mark in one fell swoop, setting a new high.
By October, Tongtai Automobile's stock price was running at a high level, reaching a market value of about 220 billion, more than doubling. It ushered in the third round of large-scale changes of hands in the range of 200 billion market value, until the release of Tongtai Max in December
, which is originally good for cashing in but bad for the stock price when it peaks.
No one expected that Tongtai Max seriously exceeded market expectations, and then achieved a million-level order volume within two days after the launch, creating an industry miracle.
This also caused the entire market to re-evaluate the value of Tongtai Automobile Group, and also started the fourth round of super main rise. It has now exceeded 15 consecutive daily limits and reached the current market value of 1 trillion.
The fourth segment of the main uptrend has already seen a cumulative increase of more than 3.5 times. The cumulative increase in the recent 15 consecutive sessions alone has reached 317%, and looking at the current trend, 15 consecutive sessions seems to be not the beginning.
Although no one has made a full profit of 211 times the profit of the fourth-stage main Shenglang from Tongtai Auto, there are still many people who have made 10 times the profit. There are also many people who have made a fortune relying on Tongtai Auto and relying on this stock.
There are many people who have achieved financial freedom.
Among them, there are two new generation hot money who became famous through Tongtai Automobile, and achieved an exponential increase in wealth, with a net worth of over 100 million.
In fact, almost every popular and super big bull stock is accompanied by someone who became famous in one battle and became a hot money boss in the eyes of retail investors. When China National Nuclear Shipbuilding Corporation stole the limelight in July, there were also people who relied on this stock to achieve success.
With a net worth of over 100 million, he became famous in one battle.
Today is the closing day of 2020. The three major A-share indexes also ended perfectly with a sharp rise across the board. The Shanghai Stock Exchange Index hit a new high in 2020, the Shenzhen Component Index reached a five-and-a-half-year high, and the New Securities 50 Index
Needless to say, it once again emerged from the bald head and bare feet, reaching a high of 10541.92 points in the session.
As of the close, the Shanghai Composite Index closed up 1.72%, at 3473.07 points; the Shenzhen Component Index closed up 1.89%, at 14470.68 points, with a total turnover of 961.8 billion in the two cities.
The NSE 50 Index rose sharply by 2.73% to 10537.72 points. Today, the trading volume of the Financial Exchange increased to 1.96 trillion, almost exceeding the 1.97 trillion on the day the new regulations were implemented on November 9.
With the performance on the final day of the year, the SGX market has drawn a successful end to 2020. Although the first half of the year was full of twists and turns, it was a perfect ending at the end of the year.
