Chapter 1654 [Earning one Tongtai Max per capita is more than enough]
Tian Jiayi then reported several other key data: "In 2020, the total IPO financing of 313 listed companies in the SGX market was 176.5 billion yuan, the total refinancing amount was 252.2 billion yuan, and the total financing and refinancing amount was 428.7 billion yuan."
There is no harm without comparison. The number of new stocks listed in the two neighboring cities this year surpassed that of the SGX. There were 399 companies listed on the SGX, which was more than the SGX market. The total IPO financing was 476.6 billion, setting a 10-year high.
The total amount of IPO financing alone is higher than the IPO financing and refinancing in the SGX market.
The annual refinancing amount in the two neighboring cities was an outrageous 1.71 trillion yuan. In other words, in 2020, the listed companies in the two neighboring cities took away more than 2.18 trillion yuan from the capital market.
, these are all real money.
Judging from the comparison of these data, it seems that the financing capabilities of the SGX market are instantly outperformed by the two neighboring cities.
But the truth of the matter is that it is not that SGX’s financing capabilities are inferior to those of the two neighboring cities, but that issuers registered and listed on SGX do not dare to ask for money from the market indiscriminately.
You can be happy when you ask for money, but if you take too much and end up delisting the listed company, and when the time comes to initiate delisting compensation, you won’t be able to find a place to cry, and you will really lose everything.
Therefore, in the SGX market, issuers are very cautious when it comes to IPO financing and equity refinancing of listed companies.
Many times, investors are willing to give more, but the issuer is unwilling to take more, because if they take more money, the risks will increase in the future. The issuer's principle is to take as much money as possible regardless of the market.
The issuers in the two neighboring cities are just the opposite. They try their best to get as much as possible. When the company is listed, the stock price can be set at 500 yuan or 1,000 yuan, and 100 million yuan is enough. They can't wait to raise 10 billion yuan.
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Why is this? Because you don’t have to lose money after delisting, and there is almost no loss after delisting. Of course, the more financing you can, the better. In the eyes of the issuer, the company’s stock is like toilet paper, or even worse than toilet paper.
It's valuable, but it can be exchanged for hundreds of millions of real gold and silver.
After receiving the financing, the performance immediately changed, and then the stock price plummeted. After a few years of delisting, I changed my skin and played again, and let institutions take over. I could continue to raise leeks, and then repeat the game again in a few years. It was great.
A sum of money, how quickly and easily this money comes...
However, the countdown to the good days of these financial rentiers has entered. Now there are no retail investors to take over the orders. They are relying on funds from fundraisers to take over the orders, and relying on those active hybrid funds to partially hold the SGX market.
The stocks allow the net worth to maintain growth as a hedge to absorb blood indirectly, and the other part is used next door to buy high-priced junk stocks.
With the implementation of the reform of the SGX market next year, the blood-sucking tube of this market will be removed, and the current style of play of the financial rentiers will no longer be sustainable.
But at this moment, Tian Jiayi looked at the document data and said: "In 2020, the overall net inflow of foreign capital in the SGX market reached 4.17 trillion, and the average daily net inflow exceeded 17.1 billion. As of today's close, the total amount of foreign capital in the SGX market
The total market value of positions is 7.23 trillion, accounting for 6.77% of the total market value of the SGX."
This data already illustrates the attractiveness of the SGX market to global capital. Compared with the previous year when SGX had not liberalized foreign investment, the net inflow of foreign capital in the A-share market for the whole year was only more than 150 billion. Comparing the two
There is a gap of orders of magnitude, a full difference of 27.8 times.
If it weren't for Amnesia and Siaang Group, this figure would have definitely doubled. Most of the foreign capital flowing into the SGX market came in under the guise of changing vests. They did not dare to enter the market with their true identities and show off their names, because they were afraid.
When the time comes, it will be written down in the little black notebook by Ah Mei and Shou Ang Group, and they may be punished one day.
But even so, it still created such eye-catching data.
It is certain that you are afraid of being taken over by the Amnesia Group, but it is also certain that you want to enter the SGX market. Fear is fear, there are always more solutions than difficulties, and curve entry into the market is also necessary.
The return on investment of the SGX market has suppressed the three major Bei Magnesium stock indexes every year. From 2016 to the end of 2020, on the fifth anniversary, during the same period, the three major Bei Magnesium stock indexes and the Dow Jones Industrial Average have risen by a cumulative 75%.
, the Nasdaq rose 157% cumulatively, and the S&P 500 rose 83% cumulatively.
In the same five years, the SGX market has risen from the initial value of 1,000 points at the opening of the market in 2016 to 10,537.72 points at the end of 2020. The cumulative increase in five years is 953.77%. Looking at the world's major stock indexes, it is unmatched.
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With such a return on investment, coupled with its size and ability to carry large amounts of capital, it would be even more uncomfortable for global capital to miss out on this market than to lose money on it.
The cumulative increase of the Dow Jones Index in the past 30 years is about 10 times. The SGX 50 Index has risen nearly 10 times in a 5-year cycle, which is equal to the return on investment of the SGD Dow Jones Index in 30 years in 5 years.
The market's return on investment seems outrageous.
But the actual situation is that in the first 25 years before the emergence of the SGX market, the A-share market did not fully reflect the economic growth of the Eastern country in the first 25 years. After the birth of the SGX market, in a sense, it has reflected the economic growth of the first 25 years.
The shortcomings of the year were made up for by the NSE 50 Index.
If the cumulative increase of the NSE 50 index in the past five years is divided into the economic growth of the large Eastern countries in the past thirty years, it is more than ten times? Even including the inflation in the past thirty years, not only is it not outrageous at all, but it is still underestimated.
Finally, Tian Jiayi reported the last data: "The 132 million investors in the SGX market achieved per capita profits of 238,100 yuan in 2020, of which more than 100 million investors achieved profits, accounting for about 70%."
In the current SGX market, the number of retail investors, that is, investors who can use their own accounts to buy individual stocks, is about 19 million.
However, there are 132 million investors in the entire market. It can be seen that more than 100 million investors hold ETFs or wealth management products of Galaxy’s wealth funds instead of buying individual stocks themselves.
Fang Hong smiled and said: "Yes, one Tongtai Max per capita is more than enough."
Obviously, hundreds of millions of retail investors have made money and enjoyed the dividends brought by this round of technological industry upgrades, which has benefited the vast majority of people to varying degrees. Countless families have obtained property through the SGX market.
sex income.
The SGX market allows more than 70% of investors to make money, which is of great significance. Just imagine what will happen if hundreds of millions of investors lose an average of 238,100 yuan? That is not just a loss of 238,100 yuan, but also a profit of 238,100 yuan.
Adding in expectations means that 476,200 is lost.
As everyone's wallets bulge, the extremely strong consumption power will surely be released, which will benefit hundreds of industries. With money, everyone will definitely improve their lives and improve their quality of life.
The internal circulation in the economic dual circulation strategy is now truly circular.
