Chapter 1653 [The New 50 Index rose throughout the year and ranked first in the world]
On the last trading day of the year, the three major stock indexes rose strongly, and the final battle came to a successful conclusion.
Generally speaking, the A-share market is mainly divided into three major stages throughout the year. The first stage is the black swan impact stage of masks from the beginning of the year to March, and then is the recovery stage from April to July.
, and finally the post-mask era stage from July to the end of the year.
This year is destined to be an extraordinary year. The capital market has experienced twists and turns. Against the background of rising indexes, the structure continues to diverge.
In the afternoon, stay in the villa quietly.
Tian Jiayi is reporting to Fang Hong on the market data performance after the end of the year: "The SGX market ended perfectly this year. The SGX 50 index closed at 10537.72 points on the last trading day. The annual line has broken out of the fifth consecutive positive year. The cumulative total during the year
An increase of 67.45%.”
If calculated based on the year's lowest point of 5262.42 points, the NSE 50 Index has achieved a range increase of 100.24%, doubling.
Fang Hong nodded with satisfaction: "It is indeed a perfect ending."
Tian Jiayi looked at the material in his hand and continued: "According to Wind data, among the world's 17 major stock indexes, 12 stock indexes rose and 5 stock indexes fell in 2020. In Asia, the Northern Magnesium Stock Index led the way across the board, occupying the largest share.
Ranked in the top 10.”
"Among them, the SGX 50 Index ranked first with a cumulative increase of 67.45% for the whole year, followed by the Nasdaq Index with a cumulative increase of 43.64%, and the Shenzhen Component Index with a cumulative increase of 38.73% ranking third."
In addition to the Nasdaq, the three major North Magnesium stock indexes, the S&P 500 index rose 16.26% throughout the year, and the Dow Jones index rose 7.25% throughout the year. This year, the three major North Magnesium stock indexes were once again suppressed by the SGX market, and they were completely suppressed.
What benefits does this bring to the SGX market? The benefit is that it takes away a large amount of global liquidity from the Beijing Magnesium Capital Market.
Tian Jiayi turned over a page of materials: "In 2020, the total annual turnover of the three major A-share trading markets hit a record of 510.7 trillion, of which the Shanghai and Shenzhen stock markets reached 205.7 trillion, and the annual turnover of the SGX market reached 305 trillion.
, the average daily trading volume exceeds 1.25 trillion.”
This year the brokerage sector index can break through the high point in 2015, this is the answer.
The annual turnover of the SGX market in 2019 was 220 trillion, which is 85 trillion more than last year. The annual turnover of 305 trillion is 1.5 times the sum of the Shanghai and Shenzhen stock markets next door.
Tian Jiayi continued to report: "This year, a total of 313 companies have registered and listed on the SGX market, and 79 have delisted. The current total number of listed companies is 2,063."
Fang Hong, who listened to the report, nodded and did not answer. The SGX market currently maintains a volume of 2,000 listed companies and can fully assume the function of a currency reservoir.
Not surprisingly, if current progress continues steadily, the total number of listed companies in the SGX market in five years' time should be around 3,000.
Tian Jiayi said: "The total market capitalization of the SGX market at the end of the year exceeded one billion. The specific market capitalization was 106.75 trillion, an increase of 31.43 trillion compared with last year. Oh, by the way, the total market capitalization of the Shanghai and Shenzhen Stock Exchanges It has reached 79 trillion, an increase of 20 trillion. The total market value of the A-share market now reaches 185.75 trillion, with a cumulative increase of 51 trillion this year."
Having said this, Tian Jiayi raised his eyes and looked at Fang Hong: "The total market value of U.S. stocks during the same period was 40.72 trillion U.S. dollars. According to the current exchange rate of 6.32, the total market value of A-shares is approximately 29.39 trillion U.S. dollars. The volume is getting closer to that of U.S. stocks. This year's data has expanded. There is a bit too much, and it has deviated significantly from the total GDP, and there is a risk of deviating from reality and turning into fiction."
Hearing this, Fang Hong was quite indifferent: "The two cities next door are turning away from reality. They are too watery. If they are squeezed out, they will not exceed the total GDP of this year. It is not a big problem. Next year we will drain them of the SGX market." The pipes have been pulled out, and the two neighboring cities have lost their core support, and will definitely revert to the mean."
This year, the two neighboring cities have followed suit and increased their market value by more than 200,000 yuan, reaching a height of nearly 80 trillion yuan. It is indeed a huge bubble.
There are also bubbles in the SGX market, and Fang Hong has never resisted bubbles, but the premise is that there is the strength to fill the bubbles that are blown up. The SGX market has this strength, and the value growth brought about by the upgrading of the technology industry will fill the bubbles. The bubbles that rise up are filled to achieve a virtuous cycle.
If there is a bubble, capital will favor this field more. Fang Hong has previously blown up bubbles in the technology industry to attract capital investment in the technology field.
Regardless of what is going on here, is there anyone cutting leeks to trap and defraud money? The answer is definitely yes, but at the same time there must be real funds to enter the field of science and technology. Only in this way can science and technology develop.
Fang Hong is learning from Ah Mei’s operation. Ah Mei is not all without merit. Ah Mei blew up the Internet technology bubble from the end of the last century to the new millennium. Although it collapsed later, it is undeniable that it actually promoted the Internet. The explosive development of technology has led to the rise of many technology giants such as Google and Microsoft.
However, Fang Hong would not copy it. Bubbles are a double-edged sword, so we should not go to extremes, so we strictly controlled the entry of leveraged funds into the market.
The current total market value of the SGX market of 106 trillion is reasonable, while the market value of more than 79 trillion in the two neighboring cities is a castle in the air. The most fundamental reason for being able to support this market value this year is that it continues to indirectly suck the blood of new exchanges. market.
But Fang Hong is certain that starting next year, the two neighboring cities will enter a super bear market, and it will be impossible to rise again in the future.
Because starting from next year, Fang Hong will unplug the pipes that suck blood from the SGX market in the two neighboring cities, that is, by launching three new stock indexes, the SGX Composite Index, the SGX 500 and the SGX 1000, and at the same time launching the corresponding ETFs and There are a large number of industry ETFs, and industry ETFs can only hold stocks on the SGX market.
This is the core theme work that the SGX market has determined to be reformed next year.
Once it is implemented, the current method of institutional funds relying on half a position to hold SGX stocks for hedging, and using the other half of the funds to buy high-priced junk stocks next door, will no longer work, because no one will subscribe to such a fund anymore.
In addition, Fang Hong will also actively promote the popularization of financial knowledge and common sense, comprehensively improve the financial awareness of retail investors, especially the basic citizens, and break the barriers of information gap. In this way, this is the best way to help those financial
The death of a rentier.
The most important factor in their current blood-sucking success is the poor information and poor cognition of hundreds of millions of Christians.
As long as the people's awareness is in place, they will never subscribe again, and will be angry and redeem without hesitation. At the same time, the SGX market must also be prepared to welcome the liquidity of these people, that is, to provide a large amount of liquidity.
Investment varieties such as index-level on-exchange ETFs and over-the-counter ETF connections, including on-exchange industry ETFs and over-the-counter industry ETF connections.
Obviously, this is definitely a blow to the financial rentiers.
The reaction is that next year, the two neighboring cities will once again enter a bear market, and it will be a bear market to the end.
The blood-sucking tube has been pulled out, and they can only cut each other with sickles, falling into a cruel fighting situation.
The three major stock indexes in the future are the NSE 50 Index, the NSE 500 Index and the NSE 1000 Index, as well as the three-in-one NSE Composite Index as the overall market index. By then, the SGX market will in fact replace
Two cities next door, and next door in name only.
This has been the goal of the established strategy from the beginning and is also the historical mission shouldered by SGX.
