My Fintech Empire

According to the statistical yearbook data disclosed by the SGX, as of December 30, 2016, the total market value of the SGX has reached 25.92 trillion yuan, and the annual closing price of the SGX 50 Index is locked at 1983.95 points, with a cumulative increase of +98.39% throughout the year.

In addition, the report shows that at the end of 2016, the market value of shares held by natural investors (i.e. small and scattered investors, general stockholders) in the SGX was 2.81 trillion yuan, the market value of shares held by professional institutions (i.e. public and private equity funds) was 7.29 trillion yuan, and the market value of shares held by general legal persons was 15.5 trillion yuan.

In addition, the scale of natural investment in the SGX exceeded the 2 million mark at the end of 2016. Compared with the number of 150 million investors in the entire A-share market, this number is not even a fraction.

In fact, the number of 2 million is not the limit of the SGX, but the limit of investors in the A-share market.

Because there are basically only so many investors in the A-share market who meet the entry threshold of the SGX, and there are only so many investor accounts with assets of more than one million in the entire A-share market.

These 2 million investment accounts are all high-net-worth accounts, the kind that can always get millions of cash out.

Among the 150 million stockholders in the A-share market, only more than 2 million can reach the threshold of the SGX. Now they have all come. It can be seen that it is not that the SGX is not attractive, but that there are only so many retail investors who meet the entry threshold and they have basically come to play in this place.

In addition, another data in the yearbook report is the most concerned by the market and has caused heated discussions.

The report further pointed out that more than 78% of natural investors participating in the SGX market are in a profitable state. It also counted that more than 75% of the holders of the five major SGX 50ETF funds are in a profitable state. The median income of investors in the SGX reached 228,700 yuan.

This median income data is really amazing.

Compared with the average, the median is the most valuable indicator and the one that can best reflect objective facts. The average seems unreliable.

After all, if I average the wealth of God K and me, my income can beat super-rich people like Gates and Buffett.

The material report disclosed by the SGX is also very credible. The SGX 50 Index is also close to doubling its annual line. If it were not for the financial war in the foreign exchange market in December, the annual line would definitely have doubled.

Moreover, in the past year, many stockholders who bought the SGX 50 ETF have made a lot of money by sharing their earnings online and in their circle of friends.

More than 70% of the participants in this market have made money, and everyone believes that the data of the SGX is not exaggerated.

There is no doubt that this is unique in the history of the A-share market for more than 20 years, and it is beyond the cognition of many people. It is said that the stock market always follows the law of seven losses, two draws and one profit, but the SGX has broken this law and created the myth that more than 70% of investors have made money.

Yes, this is an incredible mythical achievement in the eyes of many people.

This achievement is unexpected, but it is also reasonable.

Because the SGX has largely eliminated companies that go public for the purpose of raising money, and has largely eliminated fraudulent listings and large and small non-listed companies that buy companies in a package to cash out and run for profits.

The SGX has more water stored than it has pumped out, driving the stock market to continue to rise. Last year, IPOs raised about 340 billion yuan, which is the water pumped out of the market, while the funds entering were 4.5 times that, exceeding 1.5 trillion yuan. The net inflow of funds in the SGX 50 Index reached 1.08 trillion yuan throughout the year.

Another key factor that cannot be ignored is that the profits earned overseas by Qunxing Capital, created by Fang Hong, were reflected in the SGX and the SGX 50 Index through the listing of Qunxing Enterprises.

Directly or indirectly, all participants in the SGX market have enjoyed the premium brought by Qunxing Capital's global profits, which is also the key factor for more than 70% of SGX investors to make profits.

What does it mean? To put it more down-to-earth, the huge wealth earned by Qunxing Capital overseas was shared with the Chinese people through the SGX market, otherwise it would definitely not support the achievement of more than 70% of investors making profits.

As reflected by the rise in stock prices, investors have realized a wealth premium by holding stock assets. Qunxing Capital did not directly distribute the profits earned overseas to the participating shareholders through dividends, but converted them into strong credit support, bringing strong confidence support to the market.

This support is directly reflected in the market that the stock price and stock index are stable, and investors have confidence in holding stock assets.

Although Qunxing Capital did not actually pay money, everyone knows that it has the ability and will definitely take action when necessary. The deep logic behind it is that Qunxing Capital has made a lot of money overseas to have this ability.

The decline and adjustment of the New Certificate 50 Index in the past few days is because most shareholders in this market have made a lot of money. Now that the Chinese New Year is approaching, it is normal to sell some stocks and cash out part of it for consumption.

Facts also prove another point, that mass consumption does not need to be deliberately stimulated at all, especially young people themselves have a strong desire to consume. As long as they have money, you don’t know which nightclub they will be dancing in the next second. The key is to have money to spend. Just talking about stimulation, but there are no coins in your pocket, what stimulation is there?

There is no doubt that the most effective way to stimulate consumption is to increase wages and income.

Look, the small investors who participated in the SGX market have earned considerable property income this year. In the past year, some of them earned 20,000 to 30,000 yuan, or 50,000 to 70,000 yuan, or even 100,000 yuan. Now it is the New Year and they cash out to have a good year, or buy a car, replace furniture and furniture to improve their quality of life, etc.

The most important thing is still confidence. Investors and stockholders who participate in the SGX market are optimistic about the future, have confidence in this market, and have new expectations for their future income, which can further inspire them to dare to consume.

Income expectations and confidence are indicators that can directly affect a person's consumption behavior, and they will use them to judge whether they will spend more or save more money in the future.

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The next day, Monday, January 16, the SGX 50 Index fell to 1933.21 points and then stopped falling. At this point, this round of adjustment, a total of -10.32%, was declared over, and the adjustment range would not be expanded.

Because soon after the close of today's market, a heavy news followed, that is, the SGX trillion stabilization fund is coming.

And there was a rumor that the SGX trillion stabilization fund would conduct market operations in February, planning to invest 115 billion yuan of off-market funds into the market.

This is almost equivalent to telling everyone that the adjustment is over and the market will continue to rise. If you are bearish, you should sell at the floor price. Don't break your legs because you miss the opportunity.

As soon as this news came out, the next day, Tuesday, January 17, the SGX 50 Index opened at 1967.02 points and jumped up by +1.58%, creating a high-opening gap. After the opening, it also went out of the barefoot shadow without any retracement, opening and moving high all the way, and hitting high.

The SGX market showed a general rise in both volume and price.

As of 15:00, the SGX 50 Index strongly recovered the 2000-point integer mark with a bareheaded and barefooted long positive line. The index rose by +3.54% after the market, reporting 2004.91 points, with a full-day turnover of 307.7 billion.

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