What I have to say is that Feisheng Technology caught up with the good times. It was listed during the unprecedented super market and issued a company with a market value of more than 2.7 billion. Its market value skyrocketed to nearly 180 billion, rising to a market value that does not belong to it at all.
high.
If this were normal times, the peak on the first day of listing would have reached a market capitalization of more than 6 billion or 7 billion, and the increase would have been as high as two or three times.
Even if this company becomes the leader in its sub-sector in the future, its market value will only be around 50 billion, and it will never reach a height close to 180 billion. In other words, today’s highest price is the universe of this stock.
Top, even if it is delisted, it is impossible to break through and hit a new record high. The real listing is the peak.
As the time closed at 15:00, the New Securities 50 Index surged 13.12% to close at 15027.53 points. Although it did not exceed the exponential daily limit today, it was still a super positive line.
Today's trading volume in the SGX market has set an unprecedented record in the history of A-shares, with a total day-long trading volume of 5.2154 billion.
After the market closed, the entire Internet was discussing the stock market, not just domestic investors, but also foreign investors. The crazy market conditions in the SGX market in the past week have already attracted the attention and discussion of global investors around the world.
Foreigners have never seen such an increase, and they were all shocked.
In just five trading days, the NSE 50 Index surged from a low of 8331.29 points to a new all-time high of 15306.20 points, a maximum range increase of 83.72%.
The six major NSE 50 ETFs have all doubled in these five trading days, with the one with the largest increase reaching a cumulative increase of 118.50%, and the relatively weakest one also having a cumulative increase of 116.42%.
Because there have been four consecutive 20cm daily limits in 5 trading days, today is also the 20% daily limit. Although the index has never reached the 20% daily limit, the NSE 50 ETF has continuously reached the 20.00% daily limit.
…
The next day, Tuesday, May 11th.
The A-share market opened today, and the NSE 50 Index hit a new high again, gapping higher by 5.72% at the opening price of 15887.23 points. This trend makes everyone doubt their life.
Is it possible that the market index will unilaterally rise to above 20,000 points in one go?
Countless people across the market have come up with this idea.
However, when the market opened at 9 o'clock, the NSE 50 Index plunged rapidly and plummeted due to heavy volume. About 20 minutes after the market opened, the index turned green and dropped further. At 9:33, the index dropped to 14206.09 points, and the decline expanded to -
5.46% water level.
Such a diving range further released profit-taking funds to cash out and withdraw, but it did not continue to decline, and then it rebounded again in a V-shape.
The buying funds are really strong.
The bull market's first negative turn was expected by many people, but no matter what happened, the core votes in the front row were still as stable as dogs.
Moreover, the current market is moving extremely fast, and the pace is far from what it was in 2015 or 2007. Many investors felt that the market in July last year was three times faster than in 2015, and the current round of madness has
The pace of the bull market is five times faster than that of July last year.
The current market pace is about 15 times faster than that of 2015. To put it bluntly, the market that took 15 trading days to complete in 2015 now only takes 1 trading day to complete.
With such a fast pace, the reaction was slow and hesitant, and it went up in a swish.
If we follow the previous market rhythm and continue to surge out of the first negative market, no matter what happens if there is a disagreement, we will have to form a unified counter-attack the next day, and maybe we will have to close the bottom of the doji K the next day and wait until the third day before the counter-attack.
However, after the disagreement for more than half an hour in early trading today, funds did not want to wait for the next day at all, and began to counter-convert directly during the session. This was after a large wave of counter-contract momentum had been consumed yesterday. You must know that yesterday was also completed during the session.
Emotions surge, then diverge, and then reverse and surge higher.
Under such circumstances, it is still strong today, and the market seems unwilling to pull back at all and wants to finish the market in one go.
As of the close, the SGX 50 Index has formed a bottom-out K-line with a long lower shadow. Although it has closed the first negative line, it is a true positive and false negative line. It closed up 1.49% after the market closed at 15251.27 points. The SGX
The market's full-day transactions once again set a new record, reaching a jaw-dropping 5.7 trillion yuan.
On Wednesday the next day, although the NSE 50 index opened low in the early trading, it was once again strong and forced shorts during the session. It finally succeeded in countering yesterday's Shouyin entity and hit a new record high. After the market opened, it rose 5.06% to 16023.11 points.
The NSE 50 Index has once again reached a new level, standing at the 16,000-point integer mark. However, today's volume has shrunk to 5.5 trillion, which is a decrease of about 200 billion in transaction volume compared with yesterday.
On the last trading day of this week, after the NSE 50 index opened flat and consolidated, it fluctuated higher again. It hit a record high of 16,721.76 points during the session. It fell slightly in late trading and closed up 2.96% after the market closed at 16,497.81 points.
The trading volume of the exchange market reached 505 million throughout the day, shrinking again, with a volume reduction of nearly 500 billion compared with the previous trading day.
However, it still maintains a terrifying volume of 5 trillion. This is the first time that the daily turnover of the SGX market has exceeded 5 trillion. The transaction size has been above 5 trillion for three consecutive trading days.
…
"Do you want to suppress the fire? If such a unilateral rise continues, I am afraid that it may reach the 20,000 mark within the first half of the year or even before mid-June." After the market closed, Tian Jiayi returned home and was talking to Fang Hong.
Market issues.
"The market will definitely go up to 20,000 points, but not in the first half of the year." Fang Hong said with a smile: "But there is no need to suppress it deliberately. As long as we don't continue to ignite the fire and take the initiative to go long, we can do something as big as 5 trillion a day.
If we don't take action, the market won't last long."
If this period of index-level super main rise is to reach over 20,000 points in one go, it will only be possible unless the subsequent trading volume has to double again, which means that 10 trillion yuan of energy can be produced in one day.
It can't be rushed, because the amount of funds required to support such a market will increase exponentially in the future.
But it is obviously unrealistic and impossible to achieve the level of 10 trillion at present.
It is not impossible. Unless Fang Hong acquiesces to OTC capital allocation and the influx of highly leveraged funds, it is not impossible to generate 10 trillion yuan in one day, but it can definitely be done.
However, it is obviously impossible for Fang Hong to allow over-the-counter capital allocation and the crazy influx of highly leveraged funds, and he is already preparing to launch a big sacrifice move, because there are already leveraged funds in the market, and over-the-counter capital allocation has appeared again.
"Then confirm that 16721.76 is a phased peak and let this market end." Fang Hong immediately made the decision. He did not require that the NSE 50 Index must reach 20,000 points this year, but there must be some left.
There is room for growth in the second half of the year.
If the main wave in this section takes up all the space in one go, there won’t be much space left in the second half of the year.
The current period of super main rising wave has 7 yangs in 8 days. In fact, it has been rising 8 times in 8 days, because the only day when the negative line closes is also a false negative line, which is actually rising.
