My Fintech Empire

Foreign investors are also worried that they will become leeks. After all, there is a presence behind the SGX market that they cannot ignore.

That is Qunxing Capital.

Anyone who is involved in the financial capital circle knows how tough Qunxing Capital is. The capital tycoons on Wall Street have suffered several setbacks thanks to Qunxing. Qunxing is definitely at the top of the food chain in this field.

Moreover, the birth of SGX and its achievements today are closely related to Qunxing Capital and Fang Hong. Fang Hong is even the real boss behind the scenes.

Foreign investors who want to play in this field are envious of the investment returns here on the one hand, and are worried that Fang Hong will dig a hole for them on the other hand. If the SGX 50 Index has risen so sharply in the past two years, is it just to attract foreign investors to take over?

After the news came out, some people thought so, believing that the SGX market has used two years to pull the index so high and push asset prices to such a high position, just to let foreign investors take over.

Wall Street or the capital group of North Mei is very unhappy with the way SGX plays. Although Old Mei has been trying to make a certain big country in the East continue to open up in the financial field, they don't want to see the way SGX opens up.

Old Mei hopes that the asset prices in your market will be hit below the floor price and then they can come in to buy the bottom and take away your high-quality assets at a bargain price.

At the same time, they don't want your market to rise. It's better to lie on the floor forever, and then make some tools that are conducive to shorting the market. This is the situation that Old Mei wants to see most. It can harvest a lot of wealth in your market, and at the same time, you don't have to worry about your market competing with US stocks for global liquidity and pricing power.

But now the SGX market has become a unique landscape of the A-share market. It has been bullish for two years since its opening, and its return on investment ranks first in the world. It can also support it and there is no sign of collapse.

Now the scale has also increased, and it has become a huge market with a scale of more than 37 trillion.

New Town Securities has become the world's fourth largest stock exchange with a total market value of US$5.53 trillion. The top three stock exchanges in the world are the New York Stock Exchange with US$19.22 trillion, the Nasdaq with US$6.83 trillion, and the London Stock Exchange with US$6.18 trillion.

In other words, the SGX has now become the largest stock exchange in the non-Western world. It has grown to this level in two years. What if it takes a few more years?

The rise of the SGX market is something that the old magnesium market absolutely does not want to see, because it is a huge potential threat to the magnesium stock market. If the SGX opens the channel for foreign capital access, it will compete with the magnesium stock market for global liquidity and pricing power.

And there is no good way to suppress the SGX 50 Index, because the current SGX market does not have any short-selling tools, let alone tools like restricted stock transfer and financing. If you want to short-sell in the SGX market, you can, but you have to pay for the chips first. In this market, you can't short-sell chips that you don't have.

This results in extremely high costs for short sellers, and short selling in the SGX market is quite dangerous, with risks and benefits completely unequal.

Not only are there no abundant short selling tools, but also the trading mechanism of T+3 for institutions and T+1 for retail investors, which makes short selling more difficult.

When Fang Hong was designing the top-level for the SGX, he was more inclined to the long market, which is also an undeniable objective fact. Many game rules are conducive to long positions and not conducive to short selling.

Because from the beginning, Fang Hong was aiming to create a long bull market, and allowed a certain valuation bubble in the market, especially the technology bubble.

Now it is gradually showing results. In the past two years, the technology growth stocks in the SGX market have generally risen gratifyingly, and capital is more inclined to invest in the technology industry. No matter what, after blowing up a technology bubble, there is indeed real money that continues to enter the technology industry.

Some celebrities and technology experts in the technology circle can even raise funds by swiping their faces. Funds have entered the technology industry, and practitioners in this industry have also received higher treatment. The actual money flowing into the entity is not small, and it will also promote the progress of science and technology.

This is also the positive effect of the bubble, and Laomei also plays in this way, blowing up the bubble of technology stocks to attract global capital to invest in North Mei and Silicon Valley.

So from Laomei's perspective, of course, I hope that the technology bubble of the US stock market will blow up, but the stock market of your Eastern country cannot do this. Your stock market is better to keep falling. In this way, it will not only curb your technological development, but also curb the liquidity of global capital. It will not come to you, but will go to his Northern Mei capital market, and you will lose the financial pricing power.

Now the rise of the SGX market has blown up the technology bubble, and it has strongly supported it from being punctured. More capital enjoys the technology bubble and continues to invest in the technology industry, promoting the upgrading and development of technology.

At the same time, the investment return rate of the SGX 50 Index has led the major stock markets in the world for two consecutive years, and the super high investment return rate has also attracted the attention of global investors.

Laomei has been clamoring for a certain Eastern country to continue to open up its financial market for many years, but the SGX market has opened up foreign investment access channels, but Laomei has refused, because it is clear that the SGX market is competing with the Northern Mei capital market for global liquidity and market pricing power.

More importantly, the current SGX market is still far behind magnesium stocks, and the size is still an order of magnitude different, but the temperament it shows is competitive, and it would not be taken seriously if it were a pile of mud.

At this time, America's lackeys took action again to please their master, but they showed a wave of reverse operations.

Just when the outside world was hotly discussing the opening of foreign investment access channels in the SGX market, the lackeys began to post articles and videos to analyze seriously, saying that this was a compromise behavior of Qunxing, hoping to use the opening of the SGX door as a kind of exchange, asking America to remove those companies in the Qunxing system from the blacklist.

At first glance, it seems to be quite true. After all, according to the previous situation, America has been criticizing and demanding that a certain Eastern country relax and open up the financial market.

In addition, the blacklisting incident happened not long ago, but the SGX market did not come early or late, but it just happened that it was rumored to open the foreign investment access channel not long after the blacklisting incident came out. It is obviously the result of compromise.

The lackeys' fierce drama operation can be regarded as a backstab between the lackeys and the dog masters. America almost wanted to kill these lackeys. They failed to do anything and wasted dog food.

However, some Chinese people were still affected by this voice. After reading this analysis, they felt that it made some sense, and there was a new clamor in the public opinion field.

There was also a lot of arguing about whether the SGX market should open up foreign investment access channels. Some people agreed and some opposed.

Those who agreed believed that the SGX had the ability to look forward to this market, and they believed in Fang Hong's ability.

Some of the people who opposed were influenced by the lackeys' remarks, and some were limited by their own cognition and still felt guilty when facing Western financial capital. They felt that they would not be able to PK with the other party at that time, so it was good now, and they couldn't understand why they should let others in.

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