At the time when everyone was paying attention, Xingyu Technology rushed straight to the . yuan price at the opening of the market, with an increase of .% triggering the intraday suspension mechanism, suspending trading for one hour, and resuming trading at 0:00.
The investors who were staring at Xingyu Technology’s market price were confused.
Especially after the bidding results came out, those who were bearish and believed that the stock price would fall below the issue price today never expected that they would be slapped in the face so quickly.
Soon after, major market software pushed messages:
[Xingyu Technology opened with an increase of .%, triggering a temporary stop, and the stock price hit a record high. The current stock price is .yuan per share, the market value is .100 million yuan, and the current transaction volume exceeds 100 million yuan.]
It only took less than 100 million at the opening to raise the stock price by 1 percentage point and hit the critical limit, and the market value skyrocketed to nearly 100 million.
This has also made Xingyu Technology parachute to the fifth position in the current market capitalization of the two stock markets, surpassing Bank of China. The market capitalization of the top four companies is Zhong Petroleum. Ten thousand yuan, ICBC. Trillion, China Construction Bank. Trillion
and the Agricultural Bank of China.
Today's call auction of the Shanghai Composite Index opened slightly lower at -.% at .
However, the market then began to slowly fall back, and once again dived, turned green, and fell by -.%. The index fell to ., hitting a record low again. However, because it had just stepped out of a record low, it was pulled into the red market again, and began to fluctuate upward.
Qunxing Capital is working, but it is not igniting the rise but buying the bottom.
As time went by, around midnight, Xingyu Technology, which had been temporarily suspended for one hour, resumed trading. At this time, hundreds of millions of stockholders in the two major cities were paying close attention.
At the moment Xingyu Technology resumed trading, its time-sharing line once again attacked straight up at a vertical 90-degree angle. The stock price touched the . yuan price, and the increase of .% triggered a second intraday stop.
This temporary suspension will last until the last three minutes of late afternoon trading, when trading will resume at midnight.
It only took a few tens of thousands of yuan to increase the percentage point again, triggering a second temporary stop. Soon after, major market software pushed messages again:
[Xingyu Technology rose by .% and triggered a second temporary stop. The stock price hit a record high of .yuan, with a market capitalization of .100 million yuan and current transaction volume of .100 million yuan.]
The stock's popularity index ranks first, and discussions in the stock forum comment area and major communication groups are also extremely hot.
…
As the morning trading ended, Xingyu Technology became the focus of discussion among various investors in the two cities during noon.
Today's trend has been wrong from the opening to the present. No one expected that this super large-cap stock would move like this. The bearish people were now all speechless, and the bulls were also proud.
Now he started to say loudly, "The market value of one trillion has just started, and the market value of two trillion is not a dream." The bulls overwhelmingly overwhelmed the bears.
As a company listed on the main board of the Shanghai Stock Exchange, Xingyu Technology has surged in size on such a large scale, and its contribution to the Shanghai Stock Exchange Index is particularly obvious. It contributed the largest increase to the Shanghai Stock Exchange Index today.
However, this stock has not yet entered the Shanghai Composite Index and the Shanghai and Shenzhen Index constituent stocks. Investors in these two major index ETFs have not been able to reap the dividends from Xingyu Technology’s rise.
But everyone knows that with the adjustment of the constituent stocks of these two major indexes in the second half of the year, Xingyu Technology will inevitably enter the Shanghai Composite Index and the Shanghai and Shenzhen Indexes.
…
As time passed and the market opened in the afternoon, the Shanghai Stock Index rose amid shocks, without releasing much energy.
Originally, everyone expected that the Shanghai Stock Exchange Index would definitely increase in volume today. Perhaps the trading volume of one company, Xingyu Technology, would account for more than half of the entire Shanghai stock market.
The liquidity of the market means that the whole-day trading volume of the Shanghai Stock Exchange Index is only over 30 billion.
As a result, no one expected that Xingyu Technology would go like this. The current trading volume is less than 100 million, because the opening price was too low, and the price surged too strongly after the opening. At this time, the holders will definitely be reluctant to sell.
At the last count, Xingyu Technology resumed trading again, and the stock price surged straight up again after the resumption of trading.
It is worth mentioning that the current call auction rules of the stock market, the Shenzhen Stock Exchange has a three-minute late call auction from the last minute to the last minute, but the Shanghai Stock Exchange has not yet implemented this rule, which means that the last three minutes will still be maintained.
Continuous bidding until the close.
At this moment, Xingyu Technology's time-sharing line rose rapidly in the last three minutes, because short-term funds were frantically rushing to raise funds, and at the same time, it also pushed the stock price to continue to hit record highs.
Fang Hong was also looking at the bidding situation of Xingyu Technology in the late trading. At this moment, the stock began to explode in late trading, and several major cooperative institutions were smashing the market to suppress the rise in the stock price.
At 1 p.m., Xingyu Technology's transaction volume has exceeded 100 million. At 1 p.m., a transaction volume of 100 million was released within one minute, and in the last minute, a transaction volume of 100 million was released again.
After the market closed, the trading volume of Xingyu Technology on its first day of listing was .
The super monster stock has released hundreds of millions of energy, and today it hit a record high.
Fang Hong was quite satisfied when he saw the closing price of Xingyu Technology and closed the page. On the first day of listing, there was a big positive line, and the final closing price was locked at . yuan per share. It rose sharply on the first day of listing.
%, market capitalization scale. 100 million yuan, breaking through the trillion market capitalization mark.
Its market capitalization is second only to PetroChina, ICBC and China Construction Bank, ranking fourth in the stock market in terms of market capitalization.
There is no problem if Xingyu Technology's increase today is kept below a percentage point, and several major cooperative institutions have still fulfilled Fang Hong's requirements very steadily.
In addition, although the market index slightly touched a new historical low today, the super large-cap stock of Xingyu Technology rose by several percentage points during the session and became the largest contributor to the rise of the Shanghai Stock Exchange Index today.
The broader market index closed up .% today, closing at .00 points, with a trading volume of 100 million. Compared with yesterday's release of some volume energy, the Shanghai Composite Index finally did not fall out of five consecutive losses this week.
