My Fintech Empire

In fact, it is essentially a tacit sharing of interests. The scarce low-Earth orbit resources within 2,000 kilometers above the earth will not exceed 110,000.

In Fang Hong's design layout, after many years of final game results, Jiutianxing.com will occupy 70,000 of the scarce orbital resources, and Elon Musk's SpaceX will occupy 30,000 of the scarce orbital resources.

The two families divide about 90% of the cake, leaving about 10% of the scraps for others.

Isn't this leaving nearly 10,000 orbital resources for you? Don't be ignorant. Behind each of the two families are the ones who rank first and second in overall strength among the five gangsters of Blue Star.

As long as this pattern is promoted and becomes an established fact, the so-called world public outrage will be insignificant.

If you don’t understand Mahayana Buddhism, I know a little bit about boxing and kicking.

To take a step back, not everyone can play in outer space. Just to successfully send artificial satellites into space, there are only a few players in the world who can do it. If you want to play in outer space, you have to rely on others for help. If you send your satellite up there and offend someone, they won't even be qualified to go to the card table, let alone want to play cards.

When the time comes, we will extend an olive branch to some people who are aware of current affairs and further divide them, and there will be no waste.

…

The time has come for November.

The advancement of the Star Network project is extremely fast, because the "Blue Arrow-5A" heavy-load rocket will launch four launch missions this month, and all of them will be launched by the Jiutian Star Network.

This is equivalent to saying that it will be posted once a week.

If it were not for insufficient small satellite inventory, the frequency could be increased.

These past few launches have been launches of "one rocket, multiple satellites". The main goal is to quickly occupy orbits. Some of the satellites sent up are actually not all for the purpose of forming a satellite network, but are rushing to occupy orbits. Resource pit.

As long as it is occupied, this orbital resource will belong to the Jiutian Star Network from now on. Even if the life of the satellite expires later, the network will be replenished in time.

On the other side, several domestic satellite manufacturers received tens of billions of orders from Jiutianxing.com. They simply accepted the orders and added several new production lines at once to maximize production capacity to ensure smooth supply, because orders can be arranged. to five years later.

The action here was so fast. Elon Musk, who was next door, saw it and was anxious in his heart. He wished he could launch Falcon 9 now, but he also knew that this kind of thing could not be rushed.

First of all, the recyclability of the rocket must be solved. The launch cost cannot be kept up unless the cost of launch is reduced.

The cost of a fully loaded launch mission of Kyushu Blue Arrow's heavy-load rocket "Blue Arrow-5A" next door has dropped to 176 million yuan, which is only about 2.3 million yuan per ton on average.

The international price of sending one kilogram of cargo to space using a traditional rocket is around US$15,000. One ton costs US$15 million, which is about 95 million yuan without accounting for exchange rate changes.

The cost of the recyclable "Blue Arrow 5A" heavy-load rocket has dropped by two orders of magnitude compared to traditional rockets. The specific figure is 41 times cheaper. There is room for further cost reduction and efficiency improvement in the future.

It can be seen that if Elon Musk wants to follow, he must first light up the front-end technology of rocket recyclability. Otherwise, your cost is 41 times that of others, so how can you follow him?

Fang Hong can be so arrogant now, even using satellites only to play a pit-taking role, because the cost has dropped sharply.

Even from the perspective of rocket recovery technology, only Kyushu Blue Arrow and SpaceX are qualified to participate in the space enclosure race. Others cannot afford the cost of traditional rockets. If they want to participate in this competition, they must either find these two companies. We are looking for launch business, but it is impossible to give you launch resources at this time.

Either you have to light up the front-end technology that can be recycled and reused in the rocket yourself, but this front-end technology is not so easy to light. Elon Musk has been working on it for almost ten years and has not yet succeeded. Hong also achieved a leading position by playing tricks.

Looking around the world, it is unlikely that there will be a third company that can master rocket recovery technology in the next three to five years. By the time the third company that masters rocket recovery technology emerges, scarce orbital resources will basically be occupied. Seven or eighty-eight, the pattern has already been formed.

…

On Monday, November 2, Fang Hong’s energy shifted to the capital market again.

Just today, SGX organized a number of securities firms, including Xinhong Securities, to conduct the first stress test to test the correctness of the technical systems of all market participants by simulating the processing of SGX stock and depository receipt transactions. .

This test simulated the entrusted declaration, transaction returns, market price reception and display, clearing and settlement business processing, etc. Many real trading scenarios.

The relevant person in charge of Xinhong Securities who participated in the stress test disclosed that in the stress test of the SGX registration-based pilot issuance business conducted this week, most of the securities company's systems, including the centralized trading system and client trading software, will be upgraded. After preliminary simulation testing, the system transformation was completed ahead of schedule.

More than 30 information systems, including centralized trading systems, investment trading systems, online trading systems, mobile trading terminals, account opening systems, centralized operations and business processing systems, risk control systems, and settlement systems, have undergone technical upgrades.

But today, the SGX conducted a stress test. What caused the most sensation among the capital market and investors was another event, which was the first exposure of the trading hours, because it was different from what the outside world had speculated.

"Good guy, SGX is completely playing its own game and not following the main board!" At this moment, an investor muttered while looking at the Cailianshe Telecom news, and immediately went to learn more about the relevant news.

As soon as the stress test started, it was revealed that the trading hours of SGX were very different from those of the main board.

Investors all know that the main board trading hours and bidding rules are that the call auction starts at 9:15 in the morning, ends at 9:25, then opens at 9:30, and closes at 11:30. The market is closed for one and a half hours at noon, and at 13:00 p.m. Continuous bidding starts at the opening and closes at 15:00. The trading time is 4 hours throughout the day.

The SGX has made adjustments, starting call auctions at 8:45 in the morning, ending at 8:55, and then opening on time at 9:00 and closing at 15:00 in the afternoon. The trading hours are uninterrupted throughout the day, that is, there is no break at noon. , there are 6 hours of trading time a day, and the trading time has increased by 50% compared with the main board, a full 2 ​​hours more trading time.

In addition, the 5-minute period from 14:55 to 15:00 at the end of the trading day is used as a late-trading call auction to confirm the closing price of the day.

At this time, investors from all walks of life in the market have completely understood that SGX operates a completely independent system, and Big A is really going to usher in the era of the distinctive "one stock, two systems". A stock market has two sets of operating mechanisms, and it is full of features.

The trading hours of A-shares are inherently short. The market has to be closed on holidays, and the trading hours on trading days are also short. Investors have long hoped to increase the trading hours. Unexpectedly, SGX increased the trading hours to 6 hours.

This has put a lot of pressure on the main boards of the two major A cities. Now the entire market is extremely optimistic about the SGX. Hundreds of millions of investors are looking forward to it. It is no exaggeration to say that they are eagerly looking forward to the opening of the market.

Even now, there are still many retail investors who are unwilling to give up and hope to lower the entry threshold of SGX from NT$1 million to NT$100,000.

If the entry threshold is really lowered to 100,000 yuan, no one will really play with the motherboard.

…