My Fintech Empire

Chapter 1215 [Xingyu Technology tops the list of the world's largest stock by market value for

If you want brain-computer terminal devices to be as popular as smartphones, they have to be wearable, which is technically more difficult. The main technical difficulty lies in breaking through the physical barrier of the brain skull to EEG signals.

As long as this technical difficulty is overcome, with the existing technical reserves, the commercialization of brain-computer terminal devices is only a matter of time.

Fang Hong is not in a hurry, and technical breakthroughs are not urgent.

The general direction is very clear. Brain-computer technology will start from the field of medical devices first. Not only will the relative resistance be much smaller, but also from the perspective of business prospects, although the market size is not as large as brain-computer terminals connected to the Internet, it is also a trillion-level huge market, which is needed by so many disabled people.

For people with limb paralysis, the attraction of being able to stand up again is self-evident; for the blind, the desire to see the light again is also self-evident, especially for some congenitally blind people who have never seen the real world. If one day they can witness everything, what kind of spiritual shock will it be for them?

The next day, the A-share market opened. Today is also the "Double Eleven" shopping festival. The stock market also showed a continuous rise in the three major trading markets.

The SGX market has attracted the attention of investors from all walks of life. The words that Fang Hong said at the "Double Entrepreneurship" Summit held in Xincheng yesterday not only greatly boosted the entrepreneurial market, but also the capital market.

As expected by Fang Hong, the long funds were howling fiercely in the morning call auction stage. Fortunately, they had called Zhongtai Capital, Pengrui Capital and other institutions, and they hurriedly suppressed the market in the early morning auction stage.

Their task was to calm the market down and not get too excited.

The bidding results of the Xinzheng 50 Index came out, and it opened flat. Many investors were confused about who was suppressing it. They were so bold that they had to go against God K. So far, few people have gotten good results.

At the end of the day, the three major trading markets closed in the green again, while the SS50 Index was weaker than the main board today. The Shanghai Composite Index closed up +0.78% today, and once stood above the 3200 point mark during the session. The SS50 Index closed up +0.69% today, and closed at 2016.55 points after the market. The trading volume refreshed the record of the SGX, breaking the 300 billion volume for the first time.

In the next three trading days, several capital institutions such as Zhongtai Capital, which were responsible for suppressing the market, also worked hard to smash it, and also suppressed the enthusiastic bullish power.

However, the suppression did not prevent the SS50 Index from continuing to set new historical highs. Fang Hong's requirements were also very clear, not to bring down the SS50 Index, but not to soar in the short term.

In these three trading days, the SS50 Index closed up +0.72%, +1.17% and 0.34% respectively, and the latest closing was at a historical high of 2061.95 points. Judging from the daily K-line, the New Certificate 50 Index has also recently gone out of five consecutive positive lines, and the daily trading volume has always remained above 300 billion.

During the same period, the Shanghai Composite Index also successfully stood above the 3,200-point mark.

After going out of the daily line for five consecutive positive lines, the New Certificate 50 Index finally ushered in an adjustment. Some funds found that this trend was a bit inconsistent with expectations. Logically speaking, after Fang Hong’s speech at the "Double Creation" Summit that day, the New Certificate 50 Index should have gone through two or three points of large positive lines.

As a result, there was not a single medium positive line among the four positive lines, let alone a large positive line. Some funds always felt that something was wrong, but they didn’t know what was wrong for a while.

After a few days of heat, some funds finally began to calm down.

The reflection on the market is that the New Certificate 50 Index ushered in two or three days of adjustment. Fang Hong is also paying attention to the situation of the SGX market. He is quite satisfied with the current trend of the New Certificate 50 Index. Overall, the control is good, which is in line with his expectations.

On the weekend of December 20, Xingyu Technology disclosed a technological progress and called it a major "milestone" technological breakthrough, which was the human clinical trial report of brain-computer interface.

With the disclosure of the news, it soon caused a sensation in the technology circle and the capital circle, and the term "brain-computer terminal" became the hottest topic of this weekend.

People who pay attention to cutting-edge technology also know that since 2015, Xingyu Technology's research team has conducted hundreds of tests on pigs, sheep and monkeys, and has also obtained good experimental results, but after all, the subjects are animals, which cannot be compared with humans.

The reason why this time caused a sensation in the industry is that the human clinical trial has achieved major technological breakthroughs and has extraordinary significance.

Xingyu Technology had applied for human clinical trials as early as last year, but did not obtain approval from the relevant departments because of concerns about the safety of brain implant equipment experiments.

But after the experiments on animals made progress, it obtained approval for human clinical trials in May this year.

The brain-computer research team quickly started recruiting volunteers, mainly for people over 22 years old who are quadriplegic due to cervical spinal cord damage or amyotrophic lateral sclerosis, that is, "ALS" patients.

According to the report, the experiment will last for five years and will implant the brain-computer interface into the area of ​​the human brain that controls the intention to move through robotic surgery. The initial goal is to allow paralyzed people to operate the computer cursor or keyboard to type and communicate or access the Internet social media in just one year.

The next day, Monday, December 21.

Affected by this news, the A-share market opened today. As the largest stock in the A-share market, Xingyu Technology's stock price opened high and continued to rise, holding high and playing high, performing an elephant dance. At this moment, every point of the stock's rise is a record high.

The rise of this super-weighted large-cap stock also led to the rise of the SGX 50 Index today.

At the same time, market funds are also exploring related concept stocks for speculation. There are also two listed companies on the SGX that are supply chain companies of Xingyu Technology, and they are also related to this "brain-computer terminal". Now they are favored by funds, and their stock prices are rushing towards the daily limit.

There are also followers on the main boards of the two cities, such as Guomai Technology, Hongbo Shares, Yitong Technology and other stocks, which also followed suit.

At around 12:22, when the main board index was closed for lunch, the SGX opened as usual for continuous bidding. At this time, major market software pushed a flash news that caused a sensation:

[Xingyu Technology rose +10.03% and closed the limit, the stock price continued to hit a record high, and stood on the 5 trillion market value mark for the first time, surpassing Apple to become the world's largest stock by market value, with a current transaction volume of 27.9 billion]

The various investors in the A-share market were stunned, and many stockholders were stunned by Xingyu Technology's share price of 18.55 yuan and a total market value of 5.11 trillion.

[Wow, it directly topped the global market value list. ]

[What is Apple's market value now? ]

[I looked at the US stock market, Apple's current market value is close to 685 billion US dollars, which is about 4.72 trillion RMB when converted into RMB. ]

[It's really amazing, it directly reached a market value of 5 trillion in one breath! ]

[The total market value rose by a Maotai in one day, and it was more than enough...]

[Too exaggerated. ]

[Is Xingyu Technology really worth 5 trillion now? ]

[That's what you think. The capital market recognizes the future prospects of this company. The milestone technological breakthrough of the "brain-computer terminal" device shows that this company is actively seeking new growth points besides the smartphone business, and the progress is encouraging. ]

[I think K's previous public statement that he wanted to make the stock market rise also played a key role, but whether it can be sustained depends on whether there is real ability, otherwise it will be a castle in the air. ]

[Xingyu Technology suffered because it believed that technology has no borders. America found that it could not compete head-on, so it used the despicable trick of "kicking the crotch". I believe that as long as the chip technology breaks through, smartphones will definitely return as the king. I am still waiting for the release of STAR-5! ]

……

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