My Fintech Empire

There is a lot of noise and quarrel outside, but it will not have a substantial impact on the established strategic arrangements of the SGX. The implementation of the "Singapore-Hong Kong Stock Connect" is also a matter of time, but it still leaves a suspense for the outside world.

If the SGX market wants to go global and compete with the North American capital market on the world stage, how can it not allow foreign investment to participate?

In the future, not only will foreign capital be able to participate in investment transactions in the SGX market, but foreign companies will also be listed on the SGX market through IPO, giving global companies another channel to "list in Singapore" in addition to "listing in the United States". Only then will it be time to really start to confront magnesium stocks.

Inside and outside the circle, there was a lot of quarreling and discussion about a rumor, and the A-share market ushered in the first trading day of the new year.

On Tuesday, January 2, 2018, the A-share market opened as scheduled. The SGX market opened first at 9:00 in the morning. The SGX 50 Index opened at an opening price of 2954.00 points in the call auction stage, and a gap of +1.59% was opened upward, breaking through the historical high of 2943.93 points.

"Woc! No way? It directly jumped up and broke the historical high? No adjustment? It broke through just like that?" A stockholder who was staring at the Xinzheng 50 Index market slapped his thigh and exclaimed.

He is a short-term trader with about 500,000 yuan in his account. He failed to open an investment account on the SGX. If he wants to participate in this market, he can only play with the Xinzheng 50ETF and the like. He did a T operation on the previous trading day, but the T went wrong.

Now seeing the bidding results, he realized that he had sold out seriously, and he slapped his thigh uncomfortably, because he had no first-hand advantage. There was almost no suitable selling point at such a high opening. He was afraid that it would open high and go low, and now he couldn't judge whether it was an effective breakthrough.

He was not the only one who slapped his thigh at this moment. Many people who had repeatedly done T and felt happy before realized that they had sold out and slapped their thighs.

It's better to lie down and do nothing than to be as fierce as a tiger.

After the opening, the Xinzheng 50 Index went straight out of the barefoot yang, without stepping back, and directly raised high and attacked with volume, presenting a squeeze situation with both volume and price rising.

This trend either requires you to overcome your fear and chase the highs, or you can only watch.

At 9:25, the two neighboring markets had just finished the call auction, and the increase of the SGX 50 Index had expanded to +2.67%. Every decimal point of attack was a record high.

The mysterious main force was exerting its strength, and the entire market was completely heated up. The super-heavy stocks represented by the listing of the Qunxing Group staged an elephant dance market, and small-cap growth stocks also competed to perform. The SGX market showed a general rise, with thousands of stocks rising and hundreds of stocks hitting the daily limit. Only less than 50 stocks in the entire market fell.

At this moment, hundreds of millions of stockholders are watching the trend of the SGX 50 Index, because it is very likely to break through the 3,000-point mark today, and it is now within reach. The number of 3,000 points has a unique charm in the A-share market.

As time went by, the Shanghai and Shenzhen stock markets next door also opened at 9:30. Influenced by the bullish sentiment of the SGX market, the big stocks on the main boards of the two markets also strengthened, and the strength of many blue-chip stocks also led to the overall market index fluctuating upward.

Around 9:58, major market software pushed news:

[The SGX 50 Index continued to strengthen and hit a record high, with the increase expanding to +3.22%, and stood on the 3,000-point integer for the first time! ]

When seeing the SGX 50 Index break through the 3,000-point mark, thousands of stockholders who were watching the market cheered in unison in front of their computer screens or mobile phone screens, and the stock bar comment area and major stock exchange groups were also very lively at this moment.

[Great joy, Niubi Pu La Si! ]

[Three thousand points! It's going up, it's really going up! ]

[666666……]

[When it fell to the lowest point of 778 points two years ago, I never thought that it would stand on 3,000 points today. ]

[Niubi (breaking voice)——! ]

[3300-point Shanghai Composite Index: Brother Xinzheng, can you not be so aggressive? It puts a lot of pressure on me as a senior...]

[Hahaha! ]

[It's only 300 points away from surpassing the Shanghai Composite Index, come on, go for it! ]

[All in! All in! Don't be scared! ]

[Two years ago, the Xinzheng 50 Index opened with an initial value of 1000 points, and the Shanghai Composite Index was more than 3500 points during the same period. Two years later, the Xinzheng 50 Index has reached 3000 points, while our Shanghai Composite Index is 3300 points. In another two years, the Xinzheng 50 Index may have reached 5000 points, while the Shanghai Composite Index will definitely still fluctuate around 3000 points. ]

[It really fulfilled what a stock friend said, after buying the Xinzheng 50 ETF, he has been living in fear of rising and making money... (covering his face and laughing and crying.pg)]

[It is no longer a question of possibility for the Xinzheng 50 Index to surpass the Shanghai Composite Index in absolute points, but a question of time. There will be no suspense about surpassing the Shanghai Composite Index. The only suspense is when it will surpass it. ]

[The performance of the A-share market depends on the SGX 50 Index, which is the real market index of the A-share market. ]

…

The whole market was in a state of excitement, and the stock market was full of discussions about the SGX 50 Index reaching 3,000 points, which showed how much domestic investors were obsessed with this number. It also indirectly showed how much investors expected from the SGX market, especially the future of the SGX 50 Index.

Soon after, the news that the NSE 50 Index broke through the 3,000-point mark became a hot search topic. This shows how many investors are paying attention to today's market. You must know that Big A has 150 million investors.

It is not without reason that it can gain such popularity. Countless stock investors are excited that the SGX 50 Index has reached 3,000 points, but at the same time they are very afraid that it will enter another cycle of repeatedly jumping to 3,000 points. They are afraid that the SGX market will give up. Their unprecedented hopes were dashed later.

After the NSE 50 index broke through 3,000 points, it seemed that it did not stand firm. It traded sideways for a while and began to fall back below 3,000 points at around 11:49.

This situation occurs because the market sentiment is too high and the whole atmosphere is purple and hot. This situation instead caused the market to fall back. Seeing this extremely hot mood, the funds in the market became uneasy and feared that things would turn upside down, so they chose to play it safe and sell when there was a lot of noise.

There are many people who have this idea, and there are also a lot of funds carrying out the same strategic operation, so there is a pullback, which further strengthens the judgment in the heart, allowing a potential possibility to eventually evolve into an established fact.

At around 13:00, the increase of the NSE 50 Index narrowed to +1.62%, almost swallowing up all the gains after the opening, and it had the momentum to fall below today's opening price. Its daily K-line pattern also moved out of the historical top. At first glance, a large antenna looks like a "tombstone line" or "shooting star" K-line pattern. This shape indicates that there will be a big drop later, which scares many people.

Those who had the first-mover advantage chose to jump out of the car and settle for safety, while those who were forced to buy high in the morning also regretted their previous impulsiveness. With the T+1 trading mechanism, if you buy today, you can only sell tomorrow. Now you can only stare. , no operation can be performed.

When technical athletes saw such trends and technical graphics, those who could run chose to evacuate. They ran as fast as they were excited before, which shows that human nature is complex.

But it is normal. It is the nature of all living things to seek advantages and avoid disadvantages, especially for humans.

The market conditions of the NSE 50 Index are currently showing signs of deterioration. The K-line graph with the long upper shadow line at the historical top is too ugly. Even if it is not the historical top, if it pulls back from this, it will be difficult to repair later. Big energy.

More and more people are beginning to bet on the market in the short term.

However, there is one person who does not allow the daily K-line of the NSE 50 Index to move out of the "shooting star" pattern today, and that is Fang Hong!

After reaching 3,000 points, he has been silently paying attention to the market trend. Just when the NSE 50 index could not support the opening price, Fang Hong contacted the beautiful assistant at the headquarters of Qunxing Capital and ordered: "Let the super stocks below The trading team will make further efforts. Today’s K line, I want it to close as a long Yang line.”

Then Fang Hong added: "Xingyu Technology, haven't the shipments of MIX headsets in 2017 been out but not announced? The sales results are very impressive. Now is the time to cooperate with Xingyu Technology." Say hello on the side and announce it to the public before closing, so that long funds can cooperate with the news. "

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