My Fintech Empire

Chapter 1313 [Market confidence continues to recover]

If you want to play the "land grabbing" game in space, it is not enough to have technology, but also strong capital. Both are indispensable.

In China, only Qunxing Capital can play this game. Other companies cannot. They have neither the technical background nor the strong capital support. The country can, of course, but the country needs money in many places, so it is impossible to do this.

If there is no Qunxing Jiutianxing Network to do this, the country will not bother with such things. If you don't play it yourself, you don't have to worry about America occupying all the scarce orbits. You can occupy them, and you can even occupy them in large quantities, but don't affect my space activity space.

If you, America, dare to occupy them all and leave nothing for me, I will turn over your table. Pay the rent? It's impossible to pay the rent. The Dongfeng in my hand does not allow me to do this. If I don't let it go, I will shoot it down myself.

Therefore, although the country has the ability to play, it is impossible to spend so much money on such things, because there is no need at all, and the country is not at the point where there is too much money and there is no place to spend it.

Because of this, Fang Hong never thought of occupying all the scarce orbital resources and still leaving a share for Elon Musk to get on board, because this logic is also applicable from America's perspective, and America is unlikely to pay rent to you.

In the final analysis, this world ultimately relies on fists to speak. Even if the big goose has no money to play, you still have to give him a special treatment and give him a green light. Why? Just because his fists are hard, because he has one of the three truths of the world, Bai Yang, and mushrooms, and because he is also one of the top three.

After reading the materials, Fang Hong basically had nothing to add or adjust. He closed the materials and said, "That's it, and it will be announced tomorrow."

Tian Jiayi nodded: "Okay."

The next Saturday, Bionic Power Company and Jiutianxing.com successively announced the latest progress of their companies' listing on the SGX market. This matter became a hot news in the capital market during the weekend this week.

Investors from all walks of life were quite surprised to see the latest disclosed news. The two companies had just entered November and were planning to go public, which was normal, but then the unexpected incident of being blacklisted by Lao Mei occurred.

The outside world generally believes that this incident will affect the IPO process of the two companies, and their listing may not be smooth, and even if they are listed, it is likely to be delayed. Under normal circumstances, they should not go public at this critical juncture, and the impact of the unexpected incident must be minimized to ensure the smooth completion of the IPO.

But now, the IPO plans of the two companies are not affected at all, which undoubtedly further proves that Lao Mei's blacklisting operation does not have much impact on the galaxy, which also gives the capital market a lot of confidence, and the risk concerns about the market have also decreased a lot.

The latest news disclosed that the specific listing date of the two companies is set on Friday, January 19, 2018 next year, which is only a few days more than a month, and the scale of the IPO is also disclosed. Bionic Power Company raised about 16.5 billion yuan in its initial public offering, and Jiutianxing.com raised 32 billion yuan in its initial public offering.

This is the largest IPO in the SGX market in the past three months, and it is also likely to be the largest IPO in the next three months. SGX has new stocks issued and listed every week, but they are generally small-cap growth stocks with a valuation of 30 to 50 billion, and the IPO initial fundraising is also in the range of several hundred million.

There are not many companies with a market value of 10 billion, and even fewer with a valuation of 100 billion. Moreover, most of the few companies that have reached a valuation of 100 billion are related to the galaxy.

This is also normal. New stocks issued and listed on the SGX are generally technology growth stocks. There are no financial companies or real estate companies. There are only a handful of non-galaxy companies that can be valued at 100 billion during the IPO stage.

The key is that among all the companies currently listed on the SGX, there are no Guo Jia team companies.

Those Guo Jia team companies that are going to be listed did not come to the SGX market to be listed, but on the main board of the two neighboring cities. If even Guo Jia team companies go to the SGX market, the two neighboring cities will really accelerate the pace of cooling down.

The current situation of the two neighboring cities is supported by the sons of Team Guo Jia and some relatively high-quality large blue-chip stocks. As for those small-cap stocks and junk stocks, they are either completely cold or on the way to being completely cold.

The sons of Team Guo Jia and relatively high-quality large blue-chip stocks are supported by major institutions, including Qunxing Capital, which also provides liquidity, so there is no big problem.

However, those small-cap stocks and junk stocks do not have such treatment and are now in a state of self-preservation.

The stock prices of these listed companies are falling continuously, liquidity is exhausted, and without retail investors to play with them, they have begun to show their true colors. The leeks in their eyes have either run away or are on the way to run away. Retail investors have taken the initiative to de-retailize themselves.

In this case, the dealer dare not set up a game to pull up, because it is very likely to become a big victim, and there have been several examples of setting up a game to pull up and then trapping themselves on the top of the mountain, and the internal strife was exposed. The reason is that retail investors did not follow, resulting in no one to take over, and finally the accomplices of the game were fiercely backstabbed.

Retail investors at the bottom of the food chain are no longer interested, so internal fighting, infernal affairs, and backstabbing are inevitable.

There is no doubt that while this group of rentiers are backstabbing each other, they are also extremely angry about SGX. This group is the one that wants SGX to die the most and hates Fang Hong the most.

A large number of retail investors fled to the SGX. They could not reap the profits as they did in the pre-SGX era, and the vast majority of investors suffered a great disaster.

Because they targeted investors, secretly made peace with some fund managers, and took investors' money to buy at high prices.

But this is definitely a deadly act, and it is the rhythm of completely ruining the reputation and credit of the entire industry. If they continue like this, it is only a matter of time before they are abandoned by investors. But they don't care about these things, and they just make money first, regardless of the floods in the future.

After the weekend, on Monday, December 11, as the A-share market opened as scheduled, the SGX 50 Index, which rose sharply last Friday, opened flat in today's auction, and continued to fluctuate and rise at the opening.

The IPOs of Bionic Power Company and Jiutianxing Network are proceeding as usual, which further restores market confidence. The two companies will take a total of 50 billion yuan from the market. If this kind of thing happens on the main boards of the two cities next door, it will be a definite negative.

However, it is good news for the SGX market, because this round of rapid correction is due to the fact that everyone is worried that the blacklisting of Qunxing High-Tech by the US will have a huge impact, and the top 20 super-weighted stocks in the SGX market are all Qunxing companies, and there are also super-large companies like Xingyu Technology that are aiming for a market value of 10 trillion.

It is no exaggeration to say that if these listed companies in Qunxing plummet, the SGX market will have to collapse, and the two will rise and fall together.

The IPOs of the two Qunxing companies are not affected, which can be regarded as confirming what Fang Hong said on Weibo before, "Everything is normal." Being blacklisted by the US but basically unaffected, it's okay, and the market's concerns will gradually fade away.

As of the close, the SGX 50 Index closed again with a medium-sized positive line, and rose by +2.40% after the market, reporting 2746.37 points, once again standing on the 2700 point mark.

The mysterious main funds are also cooperating to guide the market to go long, further enhancing the market's confidence.

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