My Fintech Empire

Wednesday, May 4th.

After the NSE 50 index hit its second exponential daily limit yesterday, today's market continued the strength of the bulls. During the call auction stage, it reached the 1,300-point mark and opened higher by +1.43% at 1,308.58 points, opening again. Step out of the barefoot Yang line and continue to repair upwards.

Today's SGX once again staged a general rise in the market, with both volume and price rising.

As of the close, the NSE 50 Index surged +5.13% to 1,356.29 points, with a full-day turnover of 249.7 billion.

On Thursday, May 5, the SGX market still maintained a strong bullish trend. Although it had weakened, on the whole, the bulls were still suppressing the shorts. The weakening was also relative to the previous two days. That was because the previous two days were really strong. Too strong.

After the NSE 50 index opened higher today, it retreated to fill today's gap, but it soon turned red and rose, and then maintained a volatile upward trend throughout the day.

After the close, the NSE 50 Index surged +3.65% to 1,405.81 points, with a full-day turnover of 211.4 billion.

…

At this moment, discussions about SGX are particularly hot in the stock forum comment areas and communication groups.

[It’s okay to be awesome, this trend is WOC! Simply picturesque! ]

[Epic-level deep V, the ultimate golden pit. ]

[Those who cut the meat at 1156 will cry to death, and those who buy the bottom at this position will make huge profits. ]

[The NSE 50 Index took three days to plunge from 1400 points to 1156.52 points, and then it took three days to rise from the bottom back to 1400 points. When it rose, it was even stronger, and it directly hit another exponential level. The daily limit is out, Niubi (broken sound)——! ]

[Before the holiday, the three super big negative lines fell sharply, and I shed tears; after the holiday, the three big positive lines surged, OHHHHHHHHH! ! ]

[The index of Tainiu Pen has no ink when it falls, and no ink at all when it rises. ]

[The total rose by more than 20 points in three days, and it has entered the technical bull market again. This is the shortest bear market I have ever seen. It only lasted one day when it entered the technical bear market. After three days, it was lifted to the technical bear market. Haha Ha ha! ]

[Fortunately, I couldn't hold back the cut, otherwise my thigh would have been broken. ]

[The cut was at 1170 o'clock, and I fainted in the toilet from crying. ]

[Those who firmly believe in K-God will most likely not be affected by this turbulent market, and even believe in it and buy the bottom, which will definitely make a lot of money. ]

[Hey, how did you know that I had full stud at 1156? ]

[Because there is no better son than a father...(Shiba Inu.jpg)]

[Hahaha! ! ]

[The recent fluctuations in the NSE 50 Index are indeed exaggerated and outrageous, and no individual stock has such a high volatility. ]

[This is the sacrifice of a trillion-dollar giant and the top leader of the SGX. ]

[Don’t you learn from the people next door? Follow the example of a sacrificial flow, and the effect will definitely be outstanding. ]

[Seriously agree! ]

[I second the motion! ]

[Village Chief: No cue! ]

[The person next door is probably sweating profusely, haha! ]

[Stop talking about this, as long as you have the courage, there is no need for the SGX to appear. ]

…

The next Friday, the last trading day of the week opened. The New Securities 50 Index had four consecutive positives. Today, it formed a cross star daily K-line. It finally closed up +0.91% at 1418.63 points, with a turnover of 190.2 billion.

The NSE 50 index once again reached 1,400 points and then cooled down quite a bit. Firstly, it reached the early intensive lock-up area. Secondly, in the past few days, it has recovered from the previous plunge and accumulated a lot of short-term profits. In the market, the previously evacuated funds have basically returned to the market in the past few days, and the incremental funds outside the market have also decreased significantly.

However, the main board next door fell sharply today. Affected by the obstruction of the return of Zhongjian stocks, the Shanghai stock index fell sharply -2.82% today. The main board's plunge was also affected to a certain extent by the sharp rise in the SGX market.

As the credit crisis in the SGX market has been lifted, and the return of confidence has been further strengthened, it has once again formed a siphon effect on the funds on the main board next door. To put it bluntly, people from the market next door are moving to the SGX one after another. This place.

After the weekend weekend, on the first trading day of the new week, the main board fell sharply again. The Shanghai Stock Exchange Index fell sharply -2.79% that day. It reached 2900 points on March 17 and fell again today.

The SGX also pulled back, but it was very resilient. The sharp drop on the main board did not have much impact here. It only pulled back -0.59% that day. The SGX 50 index closed at 1410.32 points after the market. The 1400 point position has very strong support.

Most investors also basically agree with the strong support of this position. As long as there are no more unpredictable sudden black swan events, it is very likely that the NSE 50 Index will be difficult to fall below the 1,400 point mark again.

Investors from the main board next door are continuing to move to the SGX. If the SGX 50 index here has an excessive correction, funds from the main board will soon be attracted to hunt for the bottom.

Therefore, even if this position is penetrated, it will be repaired quickly.

And more OTC funds are about to come. You must know that many public equity institutions have been raising and issuing SGX-themed funds since the first half of the year. The black swan incident broke out some time ago, which also affected the fundraising situation. Many people originally planned to subscribe for new shares. The fundamentalists of the exchange's theme funds chose to give up because of the sudden black swan incident.

But now that the crisis has been lifted, and the rebuilt prestige and credibility of the SGX have been unprecedentedly strengthened, people outside the exchange are also actively subscribing.

This is also one of the reasons why the market generally predicts that it will be difficult for the SGX 50 Index to fall below 1,400 points, and it is very optimistic about the market situation of the SGX in the second half of the year, because in June and July, the earliest batch of SGX themes will be issued. The fund raising will be completed and these OTC funds will continue to enter the market.

It can be said that throughout the second half of the year, SGX will continue to welcome the entry of incremental funds, and the SGX 50 Index will continue to maintain its upward trend. There is basically no major market disagreement in this view.

…

Meditation in the villa.

At this moment, Fang Hong was silently browsing a piece of information, which was sent by Luo Qingan.

After a while, Tian Jiayi walked over and saw that the materials in his hand were not brought back by him. He couldn't help asking: "What document is this?"

Fang Hong replied casually: "Luo Qing'an sent it here."

Hearing this, Tian Jiayi couldn't help but curiously asked: "Has there been any result on that matter?"

Fang Hong did not answer her, but read the document and handed it to her. Tian Jiayi glanced through it and was a little confused: "Why is it an affirmation of a series of work progress of the SGX registration-based pilot project? Then But you didn’t mention a word about it?”

At the end, Fang Hong said in a deep voice: "It's basically consistent with my prediction. Now is not the time. I didn't mention that matter at all. The meaning is very obvious. Let me ignore those things."

Tian Jiayi sighed and put down the materials.

Seeing her like this, Fang Hong couldn't help but smile and said: "Looking at you like this, it's obvious that you haven't understood the most critical part of this document. Not only is it well-intentioned, but it is also far-sighted. This move is intended to protect us and let me Don't worry about those things and you won't be involved in cause and effect, and you won't be involved in any situation in the future."

Tian Jiayi couldn't help but look over after hearing this. She really didn't expect this aspect for a while. Fang Hong looked at her and added: "I fully affirm the work content of the SGX registration-based pilot project. The biggest thing in my heart is The concerns and worries are gone, which means that the higher-ups recognize my logic and views on bubbles, and there will be no problem for the SGX to continue to be a bullish stock for ten years and will not let it rise."

In other words, let Fang Hong free his hands and do it. Doing what he should do well is the top priority. As for other things, you don't have to worry about them. You can't control anything, and other factors won't affect it. Come to you.

Let Fang Hong do his own thing well, and use the SGX pilot project as a platform to cultivate a group of capable and outstanding financial teams. When there are changes in the future, we will not need to employ people and face the dilemma of no one available. This is the meaning of insurance.

Obviously, in the face of such a complex and thorny problem, and even some historical factors, the above considerations are based on realistic considerations and made a comprehensive and far-sighted decision. They not only thought of breaking, but also thought of The question of how to stand up after being broken down will only make the situation worse.

As for how to establish it after it is broken, there is no doubt that this is the meaning of not letting Fang Hong get involved, and this is the meaning of preservation.

…