My Fintech Empire

The game box with a market value of 375.9 billion yuan was listed on the first day of listing. It was included in the trillion-yuan market value club and directly landed in the top ten of the A-share market. It can be said that it has been in the limelight in today's capital market.

At present, the top ten listed companies in the A-share market are ranked first by Xingyu Technology, with a market value of 4.3 trillion yuan.

Following closely is Matrix Quantum, whose market value has soared to 2.59 trillion yuan.

The third-ranked stock is very distinctive. It is the only WeChat in the top ten that wears the ST hat. Today's after-hours market value is 1.57 trillion yuan.

The top three A-share market capitalizations are all non-Guo Jia team companies. However, when it comes to giant companies of this size, their equity structure is very complicated. These three companies are all held by Guo Jia team institutions.

However, from the perspective of corporate control, they are indeed private enterprises.

The fourth place is Universe First Bank, with a market value of 1.54 trillion; the fifth is Zhong Petroleum, with a market value of 1.28 trillion; the sixth is CCB, with a market value of 1.23 trillion; the seventh is Game Box, which landed today, with a market value of 1.06 trillion; the eighth is Agricultural Bank of China, with a market value of 1.01 trillion; the ninth is Bank of China, with a market value of 0.96 trillion; the tenth is Jiuzhou Blue Arrow, with a market value of 0.87 trillion.

People were shocked to find that the Qunxing Stars have already occupied half of the top ten listed companies in the A-share market.

This is a phenomenon that has never happened before the rise of Qunxing Capital. In the past, the top ten were all taken by Guo Jia's team. Now, not only does Qunxing Stars occupy half of the country in terms of quantity, but the sum of absolute market value is also leading by a gap. The total market value of the five Guo Jia team companies is just over 6 trillion, while the total market value of the five Qunxing Stars companies is 10.39 trillion.

Just from the market value data of the five Qunxing companies in the top ten A-share market value list, people can personally feel the terrifying power of Qunxing at the moment. It is no wonder that Zhang Zong, the founder of Toutiao, said that "the present is the era of Qunxing".

The most important thing is that people also realize that this is not the end. In the future, the top ten A-share market may be dominated by Qunxing companies. This also shows that SGX is the future of the domestic capital market, because Qunxing companies are listed on SGX.

You should know that there are still a large number of Qunxing companies "eyeing" outside the top ten A-share market value, and several of them have the strength to impact the top ten and squeeze out the other five Guo Jia team companies.

For example, Kunpeng Technology, which is currently ranked 11th, has a market value of 820 billion after the market today. It is another technology giant with a market value of trillions. Another example is Yixing Video, which ranks 16th. Its market value is 520 billion after the market today. It is also a company with a market value of trillions in the future. Another example is Toutiao, which is outside the top 20. The latest market value of the stock is 320 billion. Its Douyin short video has risen strongly. It is also a potential stock with a market value of trillions.

It can be seen that for the future A-share market, many people have a consensus that in one or two years, if you want to enter the top ten in the A-share market, the threshold will be raised to the trillion level. If the market value is less than one trillion, you can't enter the top ten list.

…

At the same time, this afternoon, the city of Xincheng took the lead in holding a "Double Innovation Forum Summit", which attracted many entrepreneurs and investors to attend. At present, Xincheng is very attractive to entrepreneurs, and even faintly surpasses Pengcheng. In particular, technology entrepreneurs are more inclined to come to this city to develop entrepreneurship.

Whether it is the job market, business environment, infrastructure and many other elements, they are very friendly to entrepreneurs, which is also the competitiveness of the new city.

This afternoon, the "Double Entrepreneurship Summit" held by the city not only attracted the attention of entrepreneurs and investors from all over the country, but also invited a heavyweight guest to attend the meeting, who was the founder of Qunxing Capital, the legendary figure Fang Hong.

At this moment, Fang Hong, who was giving a special speech and quickly organized his words in his mind, said with a smile: "Now the topic of 'double innovation' is quite hot, mass entrepreneurship and innovation. But I want to pour a bucket of cold water. The so-called innovation currently commonly done in China is to open an online store and call it entrepreneurship and innovation, or to open a small restaurant and call it entrepreneurship. It won't work without technical content."

Fang Hong said to all the participants in the audience in an orderly manner: "We still need to have a good understanding of the issue of double innovation. Generally speaking, high technology is the hard truth. For technology-based enterprises, the growth from small companies to towering trees is basically the result of capital investment. For example, the three Internet giants BAT all grew up with some support from capital back then."

"But we also need to recognize a potential problem, that is, how small companies grow up. In the past few years, large domestic companies have copied the good ideas and creativity of small companies directly at a very low cost through various means, which is quite unfriendly to entrepreneurs."

As soon as this was said, some entrepreneurs present deeply agreed.

Fang Hong went on to say: "Quanxing also grew from a small company, including those so-called Qunxing companies that have been listed on the SGX with a market value of hundreds of billions, tens of billions, or even trillions of dollars. I deeply understand the difficulties of their growth process when facing the hunting of large companies."

"Nowadays, these companies have become big trees in the sky. Will the brave men in the past become the evil dragons in the future? I think this is a point that many people, especially entrepreneurs, are very concerned about. We are not interested in becoming evil dragons, but becoming raptors. Quite interested."

"How do you understand it? You can't have one dominant force eat up everyone, nor can you eat up everything that makes money. If you look at it, you will find that whether it is Game Box, WeChat, Xingyu Technology and other big trees in the sky, , are obsessed with building an ecosystem.”

"How should we understand this? If there are profitable things, let the ecosystem grow first. We will not make money on some profitable things and let others earn them. This way, more manpower can be concentrated to build this ecosystem. You will grow up. After that, if I need it, I will give you a lot of money to buy it, which is very friendly to entrepreneurs. "

"These large companies that have grown up in the galaxy have never copied other people's ideas at very low costs. They are all small companies that have good ideas and good ideas that happen to be of interest to me. I will directly connect them with the team and the entire company. Buy it for you and spend a lot of money to acquire it. Once you sell a startup company with only a few people, you can sell it for tens of millions or even hundreds of millions, and you will be financially free for life. "

"Why are we doing this? You spend tens of millions or even hundreds of millions on a team that can be acquired by other large companies with just a few million. It doesn't mean that we have nothing to spend. It doesn't mean that we are doing charity, but that we have nothing to spend. Only in this way can we create a benign entrepreneurial environment, and only by being friendly to entrepreneurs can entrepreneurs really focus on the technology itself, and only then can high-tech things emerge. "

"No one is a fool. If your big company wants to get good things at a low cost, you may even want to get them for free. Entrepreneurs will either just stop playing with you, or they will lie and cheat. The result is that you fool me and I fool you." You have created an environment where deceit, deceit and abduction are rampant, constantly damaging and raising the cost of trust in the environment. The selfish interests of large companies not only have a very bad negative impact on the entire environment, but also hinder the development of the environment. The country’s technological progress and international competitiveness.”

"So we can't do this. We need to be big, with a big heart, a big mind, a big structure, and a big responsibility."

…