My Fintech Empire

Chapter 1016 [The shocking power of

The next day, Thursday, June 4th.

The A-share market opened today. The Shanghai and Shenzhen stock markets opened slightly higher in early trading. They habitually experienced a wave of diving when closing at noon. When the market opened in the afternoon, the volume plummeted. The two cities experienced a flash crash again, and the market index plummeted by more than 5 percentage points. , dived straight from 4900 points to 4655 points.

In early trading, the banking sector was the main force struggling to support the market, and the Bank of Communications once sealed its daily limit.

The biggest factor that caused the market to plummet in the afternoon was the news that the stamp duty would be increased. When the news came out, Big A immediately collapsed on the spot.

We learned from the Ministry of Finance and Economics that this was indeed the second time recently that the stamp duty plan was reported to the State Council. It was denied the previous time. However, the State Council did not hold a meeting to discuss this time, and the top leaders were still busy with the shipwreck. The rumors quickly subsided. If it breaks, the plunge is entirely caused by the market's own panic.

In addition, Guosheng Securities issued a document today stating that in view of the recent large fluctuations in the stock market, the growth rate of GEM stocks is too large, and the price-to-earning ratio is too high, it has decided to adjust the underlying securities of the GEM in the two-financing business: First, all GEM stocks will be adjusted The second is to adjust the conversion rate of GEM stocks that can be used as margin.

Under various unfavorable rumors, the market panicked again today, especially as entrepreneurship suffered widespread damage. This news was indispensable. The combination of various unfavorable factors caused the market to plunge today.

However, after the rapid plunge, the market ushered in a shocking reversal. The bulls staged a soul-stirring rebound in the afternoon, and the index quickly rose and finally turned red.

A big factor in being able to get out of such a big reversal is the return of new funds tomorrow. These are real incremental funds. If the market wants to continue to rise, in the final analysis, it still depends on whether the liquidity is sufficient. .

After the close, the three major indexes were mixed. The Shanghai Composite Index closed up +0.76% at 4947.10 points; the Shenzhen Component Index closed down -0.21% at 17501.05 points; the ChiNext Index closed down -0.97% at 3943.47 points. The two cities The total transaction size is 2 trillion.

In terms of individual stocks, WeChat, a sub-new stock, came out of the T-shaped board today. When the market plummeted in the morning, WeChat opened at the daily limit, but it could not withstand the panic of the market and the market dived. However, the bullish counterattack in the afternoon also allowed WeChat to recover, and the stock price rose to At a price of 34.85 yuan, the market value has risen to 767.7 billion, which can be described as an elephant dancing.

Overall, today's trend is really thrilling. The bulls put on a wonderful show. The Shanghai stock index, which once plummeted -5%, turned red in late trading.

The strength of the bulls has once again been reflected, and the market's confidence has been boosted. Tomorrow is the day when new funds are returned. There is a huge amount of funds frozen this time. After the market removes the rumors, and with sufficient funds, tomorrow's A-share market is expected to Hit new highs.

Just today, Qunxing Capital completed all clearance tasks of brokerage stocks. Now it holds some key core high-quality asset targets with more than 5% shareholding ratio. All stocks that do not exceed 5% shareholding ratio have been sold off.

Friday, June 5th.

The A-share market opened today. The Shanghai Stock Exchange Index opened sharply at an opening price of 5016.09 points, +1.39%. It directly jumped above the 5,000-point integer mark and broke through to a new historical high.

Bullish funds are having a carnival again, the market has broken through 5,000 points, and the market is in a boil. Most people firmly believe that the current round of adjustment of the market is over, and a new round of rising cycle will start again with the market breaking through 5,000 points.

At 11 o'clock, the market index rushed to 5051.63 points, and then it ushered in a wave of diving and turning green as usual, losing 5000 points and 4900 points one after another, and the lowest fell to 4898 points, but the big V Tianlong plot was staged again in the afternoon , the 5,000-point mark was lost and recovered.

After the close, the Shanghai Stock Index rose +1.54% to close at 5023.10 points.

All 22 listed companies under Qunxingxing reached record highs today. WeChat, a newly listed company, once again hit the daily limit, with its stock price hitting 38.34 yuan and a market value of 843.4 billion yuan; Toutiao, the most popular leader in the two cities, surged +5.56%, and its stock price closed to 175.03 yuan, with a market value of 218.7 billion yuan; China's leading quantitative capital rose +3.45%, with the stock price closing at 887.95 yuan, with a market value of 1,241.3 billion yuan.

In addition, Xingyu Technology, the largest listed company under Qunxingxing, also broke through the historical high of 8.63 yuan in early 2013 when the market reached 5,000 points today. It closed up +3.28% today, and its stock price closed at 8.69 yuan. , corresponding to a market capitalization of 2.3928 billion, surpassing Zhong Petroleum and once again becoming the largest listed company in terms of market capitalization in both A-share markets.

Shortly after the market closed in the afternoon, a news report in the financial circle caused a sensation and shocked countless people.

This is a special report about "Galaxies". The current A-share market is in a crazy bull market, and all asset targets are soaring. The 22 listed companies of Galaxies are no exception, and today they are comprehensively Out of record highs.

Opening the latest market value ranking of the A-share market, people were shocked to find that the 22 Galaxy concept stocks are so eye-catching. The market value of all 22 listed companies has entered the top 50 in the A-share market.

Even ATL Technology, which ranks last among the 22 listed companies in the Galaxy, has now reached 202.9 billion, ranking 47th among all listed companies in the A-share market.

It is no exaggeration to say that among the top 50 listed companies in the A-share market by market capitalization, Clusters almost accounts for half of them.

According to this special report on "Galaxy", among the 22 listed companies in Galaxy, there are two with a market value of one trillion yuan. Xingyu Technology has a market value of 2.39 trillion and the quantitative capital market value is 1.24 trillion.

In addition, there are WeChat with 843.4 billion and Jiuzhou Blue Arrow with 715.6 billion. Of these two companies, the former is expected to enter the trillion-dollar market value club now, and the latter is also expected to exceed the trillion-dollar market value in the future.

The article reported that the latest total market value of the 22 listed companies so far has exceeded 10 trillion for the first time in history.

The total market value of A-shares during the same period was approximately 65.82 trillion, and the combined market value of 22 listed companies accounted for more than 15% of the total market value of the A-share market.

These astronomical figures shock everyone who pays attention. For the general public, there is no concrete concept. Ten billion, hundreds of billions, trillions and even ten trillion are all unimaginable numbers in the minds of the public.

It also explains the terrifying strength of Stars Capital, a super business giant, today. What is even more shocking to the outside world is that this is not the full strength of Stars Capital. There are many high-quality companies under its management that have not yet been listed, not to mention there are many more in the market. Innovative technology companies in incubation.

People can't imagine what it would be like if all those high-quality companies were listed, 20 trillion? 30 trillion? Or 50 trillion? This seems to have exceeded the limit of people's imagination.

In fact, the rise of galaxies and these incredible astronomical figures are, to a large extent, a microcosm and a manifestation of the country's transformation and upgrading to high value-added technology industries.

The core asset of Star Capital is not real estate or financial assets, but high-tech technology industry.

Not to mention anything else, let’s talk about the 22 listed companies that have landed on the A-share market. In addition to Yixing Media Group, whether they are Xingyu Technology, WeChat, Jiuzhou Blue Arrow, Ruihe Pharmaceutical, ATL Technology, Quantitative Capital, etc. Or New Micro Semiconductor, they are all high-tech industries or sunrise industries.

Even Yixing Media Group has a lot of cash technology applications, such as 3D theaters and the sci-fi blockbuster production industry that is being explored. Visual effects production requires the application of many innovative technologies.

When most people are engaged in real estate, Qunxing Capital is basically playing high-tech and is truly engaged in technological transformation and upgrading.

From the perspective of the country’s strategic transformation and upgrading of science and technology, the scale of RMB 5 billion is too small.

...(End of chapter)

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