My Fintech Empire

Chapter 1247 [The elephant dances, and stock investors exclaim that their eyes have been opened]

Today's Big A's three major trading markets are dominated by technology stocks, and no sector can compete with them. Anything related to concepts such as AI computing power, chips, and big data can rise.

The semiconductor sector immediately set off a daily limit trend. Semiconductor ETT's intraday increase was directly driven to +9.79%, which directly hit the daily limit.

On the SGX next door, the SGX 50 index regained the 2,300-point mark in the afternoon. A big positive line directly restored all the previous four consecutive negative physical adjustments. The SGX 50 index also led the main board indexes of the two cities.

This is also reasonable. Today is a short squeeze market for technology stocks. There are both super large-cap stocks like Matrix Quantum dancing as elephants, and a series of small-cap stocks taking the stage to perform. And 80% of the listed companies on the SGX are Technology enterprise.

As of the close, all three major trading markets closed in the red on the first trading day after the holiday. The Shanghai Stock Exchange Index rose +1.48% to 3270.30 points, with a turnover of 283.2 billion; the Shenzhen Component Index rose +1.90% to 10627.13 points, with a turnover of 343.1 billion. 50 index rose sharply by +3.83% to 2330.22 points, with a turnover of 404.3 billion.

The total transaction volume of the three major trading markets today is 1,030.6 billion, exceeding one trillion, and the trading volume of the SGX market is significantly ahead of the Shanghai and Shenzhen stock markets. Today, except for Matrix Quantum, which was sealed by the daily limit at the opening of the market, both large and small tickets in the SGX market are increasing in volume, and both volume and price are rising.

Matrix Quantum is now definitely the brightest star in the capital market and technology circles. Most investors and analysts believe that if we want to find a company globally that can make Xingyu Technology, which currently ranks first in the world in terms of market capitalization, take the lead. Taking the top spot, looking at the current Matrix Quantum, it has the most potential.

In terms of high technology alone, it has superior strength, and Matrix Quantum also has a capability that Xingyu Technology does not have. Everyone has not forgotten that this company was originally established as a non-bank financial company. , its quantitative trading model is one of the best, its unique skill, and Matrix Quantum has the title of "Little Stars" given by people in the world.

However, in order to be listed on the SGX market, the company name of the previous "Quantitative Capital" was changed to the current "Matrix Quantum", and the financial investment business was classified as a marginal business, making the technology business the company's main business.

But the financial business has not fallen behind because of this. The profit-making ability of this so-called edge business is 100 million points strong. In terms of income structure, Matrix Quantum's most profitable business at present is precisely this so-called edge business. It relies on this edge business to "support" "The research and development expenses of its technology department have been reduced, and the title given to it by investors as a "little star" is worthy of its name.

Chinese people have always been very good at choosing nicknames.

For such a company, the current market value of 3.69 trillion seems to be quite different from that of Xingyu Technology, but it really has the greatest potential to surpass Xingyu Technology.

What’s even more shocking is that the two technology giants, Matrix Quantum and Xingyu Technology, are both subsidiaries of Qunxing. This shows how powerful Qunxing Capital is today. It’s hard for people to imagine how huge this business empire is. It’s hard to imagine. There is a concrete concept.

Here, Matrix Quantum hit the daily limit on the first trading day after the holiday, performing an elephant dancing market. But on the other side of the ocean, in the U.S. stock market, international manufacturers such as Nvidia and AMD fell from heaven to hell.

In particular, NVIDIA's stock price has been on an epic roller coaster in the past few days. Yesterday, it went from a surge of more than 20 points to a final drop of more than 10 points at the closing price. Today, the stock price plummeted again before the market opened.

The biggest reason for the decline was Fang Hong’s Weibo post.

You won't let me sell it? Sorry, I don’t want to buy it yet!

Fang Hong's Weibo post was a huge blow. He directly stated clearly that domestic manufacturers would digest the 7 trillion big business, and if you don't give it to international manufacturers, they won't have a share, not even soup.

The biggest logic behind the skyrocketing stock prices of companies such as Nvidia during this period is the expectation of an epic order surge in the Greater China market. As a result, Fang Hong said that the order will not be given to you. This biggest logical support is gone, which means that he has just climbed up the stairs and has not yet stood firm. , the ladder was pulled away first, and the result can be imagined, it must fall downwards.

When the U.S. stock market opened in the evening, the stock prices of NVIDIA, AMD and other companies plunged again. NVIDIA had another big negative trend today and plummeted -26%. Its market value fell below US$80 billion and was locked at US$77.5 billion after the market opened.

This stock hit a record high yesterday, and its market value once soared to the US$150 billion mark. Today it fell below US$80 billion, and it took only two days for the stock to be cut in half.

A realistic interpretation of how to go up and how to come down, without any ink marks.

On the domestic side, Matrix Quantum is in sharp contrast. In the next two trading days, the stock's trend shocked investors from all walks of life.

On Thursday, April 6, the Matrix Quantum collective bidding price opened at the one-line daily limit of 290.34 yuan and exited the first and second boards. After the opening, the daily limit was sealed for the whole day. The two consecutive one-line daily limits also sent the company's market value down. It has reached more than 4 trillion integer digits.

The NSE 50 Index also hit a record high that day with the help of Matrix Quantum, closing up +1.17% after the market closed at 2357.55 points.

On Friday, April 7, the last trading day of the week, Matrix Quantum once again hit a daily limit, and went out of three consecutive daily limits. The stock price rushed to 319.74 yuan, and the market value soared to 446.99 billion.

On that day, the New Securities 50 Index closed up +1.10% at 2383.46 points, setting a new historical high.

All major stock forums and communication groups were hotly discussing the stock of Matrix Quantum after the market.

[I opened my eyes, I really opened my eyes in the past three days! ]

[This level of block can hit the daily limit for three consecutive days, and it is really jaw-dropping. ]

[I kneel down and can only worship. ]

[In the more than 20 years since the opening of the A-share market, I have never seen this kind of increase. ]

[Hey, you saw it today. ]

[Since I came to the SGX, I have been living in fear of rising prices every day... (covering my face.jpg)]

[It is so out of this world...]

[The total market value of Maotai rose in one day, and the total market value of Agricultural Bank of China rose in three days. It is so crazy. My friends and I are all stunned! ! ]

[It is impossible to describe it in words. I can only say, awesome (breaking voice)——! ]

[Will it not break through the market value of 5 trillion yuan directly by consecutive boards? ]

[Mr. Chen's net worth has surpassed Mr. Qin. ]

[This is the elephant dancing. ]

The stockholders of A-shares all bowed down and worshipped the K-line trend of Matrix Quantum, which rose to the daily limit for three consecutive days at a high level, and said that they had opened their eyes.

On that day, the stock price of Matrix Quantum soared, and the net worth of Chen Yu, the founder of the company, soared straight up, surpassing Qin Feng's net worth. According to the company's latest equity structure, Chen Yu currently holds 12.6% of the total share capital of Matrix Quantum, corresponding to a nominal net worth of 563.2 billion.

The company's market value has soared, and it has also climbed all the way in the global listed company rankings. It is now ranked third after Xingyu Technology and Apple.

Xingyu Technology and Matrix Quantum can also be regarded as the first absolute appearance of the SGX and even the entire A-share market. The market value of these two companies combined exceeds 10 trillion yuan. It is no exaggeration to say that these two companies have deeply affected the rise and fall of the SGX 50 Index.

It is not just the SGX 50 Index, but also the impact on the entire SGX. The market value of these two companies combined has accounted for one-third of the total market value of the SGX. They are definitely the guiding star among guiding stars and the ballast among ballast stones.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like