My Fintech Empire

It is Friday, January 19, the last trading day of the week. Before the market opened, two new faces appeared on the top ten list of popular stocks today. Their stock names are "Bionic Power" and "Jiutianxing.com". These two star-star companies officially landed on the SGX today and were listed.

Jiutianxing.com's market value is 187.5 billion yuan, and Bionic Power's market value is 122 billion yuan. They are the two largest stocks among the new stocks listed so far this year, and both are large-cap stocks of hundreds of billions.

At 9 o'clock in the morning, the SGX market opened. These two stocks opened higher by +27.36% and +33.73% respectively in the call auction stage. There was no limit on the price fluctuation on the first day of listing.

The trading atmosphere of the SGX market is so active that the A-share market has been far ahead of the others. The unilateral upward bullish trend presented in the new year has made countless investors excited and fearful. Except for some newbies who have just entered the market, the old investors who have experienced the disaster-level market are really afraid of the rise.

This bull market is very similar to the epic leveraged bull market in 2015. At least there should be a correction. Such a unilateral surge is really afraid that it will collapse later.

After today's closing, the SGX 50 Index closed up 1 percentage point, closing up +1.02% at 3373.44 points, setting a new record high.

The Shanghai and Shenzhen stock markets rose and fell, with the Shanghai Composite Index closing up +0.38% at 3487.86 points; the Shenzhen Component Index closed down -0.21% at 11296.27 points.

In terms of trading volume, today's volume has reached trillions of yuan again, with the three major markets totaling 1242.6 billion yuan, of which the SGX was 701.1 billion yuan and the Shanghai and Shenzhen stock markets totaled 541.5 billion yuan.

The performance of the Shenzhen Stock Exchange has obviously fallen behind, because the small and medium-sized start-ups that have been struggling are in the Shenzhen Stock Exchange, and it is difficult for the Shenzhen Component Index not to be dragged down. The reason why the Shanghai Stock Exchange has performed quite well is that the current trend of "big is beautiful, core assets" has been blowing, and institutions have blindly clung to large-cap and blue-chip stocks.

Bionic Power and Jiutianxing Network, which were listed on the SGX market today, closed up +77.52% and +49.36% respectively, with market capitalizations of 216.5 billion and 280 billion respectively. If nothing unexpected happens, these two large-cap stocks with a market value of hundreds of billions will definitely become constituent stocks of the SGX 50 Index in the future.

…

After the weekend, on Monday, January 22, the A-share market ushered in the first trading day of the fourth week of the new year.

The SGX 50 Index has gone up for five consecutive days today, closing up +1.17%. The index has reached a new level and stood above the 3,400-point mark. The market closed at 3,413.07 points, which is really setting a new record every day.

However, in terms of trading volume, the SGX market shrank to 586.2 billion today.

This side still maintains the trend of "running northward", while the Shanghai and Shenzhen stock markets next door have some changes today. In the morning, the Shanghai and Shenzhen stock markets continued to rise slightly. The Shanghai Composite Index successfully broke through 3,500 points driven by the coal and steel sectors. Subsequently, small and medium-sized start-up stocks dominated by the GEM rose strongly, and the Shenzhen Component Index also hit a new high in the afternoon. The market showed a pattern of weak Shanghai and strong Shenzhen.

After all, small and medium-sized start-ups have fallen like dogs, and a technical rebound is not excessive.

However, the market has not paid too much attention to small and medium-sized start-ups. Everyone is now more concerned about the SGX 50 Index and the Shanghai Composite Index. After today's closing, the absolute value of the two indexes has been shortened to less than 100 points.

Judging from the current situation, the SGX 50 Index is very likely to surpass the Shanghai Composite Index in absolute value this week, which is definitely another historic moment.

…

Tuesday, January 23.

As soon as the A-share market opened today, the actual market trend proved that the performance of small and medium-sized enterprises yesterday was just a flash in the pan, and it fell flat today.

The strongest performance of the three major trading markets was the SGX market, which opened half an hour earlier. The SGX 50 Index opened slightly higher, and after opening, it fluctuated higher without any retracement.

In about half an hour, the SGX 50 Index rose by more than 2 percentage points, attacking above 3490 points, and was close to the integer mark of 3500 points.

"No way? Crazy! It's really crazy! This is only 2 points? Is it going to draw a big positive line?" A retail stockholder stared at the market trend of the SGX 50 Index with a dull face: "Could it be that it will reach 3500 points today, or even surpass the absolute value of the Shanghai Composite Index?"

At this time, the Shanghai and Shenzhen stock markets also officially opened, and the Shanghai Composite Index seemed to be unwilling to be outdone. It opened strongly and continued to rise under the leadership of the banking sector, and seemed unwilling to be surpassed by the SGX 50 Index.

Billions of stockholders in the A-share market are watching these two major indexes, and the Xinzheng 50 Index is obviously more aggressive.

At around 10 o'clock, Xingyu Technology made an effort to attack, pushing the intraday increase to 6 percentage points. Soon after, major market software pushed news flashes:

[Xingyu Technology rose by more than +6%, the stock price hit 36.57 yuan/share, the market value exceeded 10 trillion for the first time, and the current transaction volume exceeded 58 billion]

The market was shocked, and the search volume of Xingyu Technology's trading code and stock name on major market software also rose sharply. Countless stockholders saw the news and went to watch, and the popularity index of the stock also quickly soared to the top of the list.

An investor stared at the time-sharing disk of Xingyu Technology and exclaimed: "Ten trillion market value scale, my god! According to the current exchange rate of 6.4, it is converted into US dollars. It is 1.57 trillion US dollars..."

Then he quickly entered a stock code, which was Apple, the current No. 1 stock in the magnesium stock market. He glanced at the latest market value of Apple and couldn't help smacking his lips: "Fuck! Xingyu Technology's market value is equal to the sum of the market values ​​of two Apples. It's really awesome!"

The market shows that Apple's current market value is 783.3 billion, the No. 1 stock in the US stock market.

Since being surpassed by Xingyu Technology for the first time and becoming the world's No. 1 stock in terms of market value, Apple has not only failed to overtake, but the gap between the two has widened. Although Apple's performance has reached a new high in the past year, the company's stock price has hardly risen.

It was suppressed by the expectation of Xingyu Technology's STAR5 "return of the king". In May last year, the entire technology circle was rumored that Xingyu Technology's summer new product launch conference was about the arrival of STAR5. At that time, Apple's investors were so scared that they quickly sold their stocks, causing the company's stock price to fall.

Later, the MIX headset was exposed at the launch conference, and Apple's stock price began to recover.

However, the release of the MIX headset by Xingyu Technology brought two pieces of news to Apple investors, one good news and one bad news.

The good news is that it is not STAR5, which is a relief.

The bad news is that the technical capabilities of the MIX headset are far ahead of others in the world. From the side, if Xingyu Technology releases STAR5, it will definitely be another king bomb.

This has brought unprecedented pressure to Apple, and it has also been reflected in the capital market. The company's stock price has hardly risen in the past year, even though its performance and profits have reached new highs. There is such an extremely unfavorable expectation for Apple hanging over its head, like a sword of Damocles.

Because Apple's main growth point in performance comes from the Greater China market, which was achieved without the strong competition of the STAR series, so investors have this expectation, and the stock price has been suppressed so far and has not dared to break through the trillion-dollar market value.

Xingyu Technology's stock price surged, pushing the New Securities 50 Index to a new record high. Just as the company's market value broke through the 10 trillion mark, the major market software had just pushed this news for less than a minute, and immediately pushed another news flash:

[The New Securities 50 Index continued to strengthen, with the increase expanding to +2.7%, standing above the 3,500-point mark]

Hundreds of millions of stockholders were boiling with excitement, saying that they were witnessing history today. Not only did Xingyu Technology break through the exaggerated 10 trillion market value, but the New Securities 50 Index also historically stood above the 3,500-point integer mark, while the Shanghai Composite Index was 3,525 points at the same time, and the two were now only 20 points apart.

The New Securities 50 Index only needs to outperform by 0.57 percentage points to surpass it. At this moment, nine out of ten people who are watching the market are paying attention to the trends of these two major indexes, and want to witness this historic moment with their own eyes.

…