My Fintech Empire

The next day, Tuesday.

The A-share market was opened first by the Singapore Exchange, and the SGX 50 Index opened at 4116.11 points, +0.56% higher. Among them, Xingyu Technology opened slightly higher by +0.37%, but Xingyu Technology's industrial chain sector opened higher by 1.23%, and most of the stocks of listed companies related to the industrial chain opened higher by more than 3 percentage points.

At 9 o'clock, the Singapore Exchange market officially opened. Xingyu Technology fell back to the zero axis for one minute and then fluctuated and pulled up all the way. About 10 minutes after the opening, the increase expanded to +3.55%.

Half an hour later, Xingyu Technology's increase expanded to +7.22%, and its market value exceeded the 11 trillion mark, setting a historical high.

Then it began to fluctuate and fall slightly. Today's intraday high has come out in the early trading, but it also touched the 11 trillion market value mark for the first time, setting a new high.

Obviously, Fang Hongfa's Weibo post yesterday stimulated the surge in Xingyu Technology. The company's two heavyweight core products went crazy in the Ross market, and the overall performance of the overseas market far exceeded the expectations of various market analysts.

More than half an hour after the opening of the SGX market, the net inflow of northbound funds has exceeded 10 billion. Among them, the net inflow of foreign capital into Xingyu Technology showed that it had bought more than 2 billion. Some of the capital institutions behind these inflows of foreign capital actually came from the Beijing Magnesium stock market, and they smashed Apple's plate. After the funds there were freed up, the SGX market increased its holdings in Xingyu Technology.

Seeking profit and avoiding harm is the nature of capital. Apple was beaten up by Xingyu Technology in the Greater China market, and was also crushed in the Ross market. It couldn't take a single move. You just came in in the second half of the year and you hit GG. You couldn't hold on for a quarter. Capital said it was difficult to support you.

Driven by Xingyu Technology, a super-large weight, it also helped the New Securities 50 Index to break through the 2 percentage point increase.

As time went by, the Shanghai and Shenzhen stock markets next door also opened at 9:30. The Shanghai and Shenzhen stock markets also changed their previous decline today. After opening slightly lower in the morning, they then rose sharply. In the afternoon, driven by the large infrastructure sector, the Shanghai Composite Index rebounded strongly, breaking through the 5-day line and the 10-day line in one fell swoop. The stocks in the large infrastructure sector set off a daily limit tide. Only more than 300 stocks in the two markets were in the red, and the atmosphere of long positions improved.

The outbreak of the large infrastructure sector next door was driven by news. The construction industry PMI employee index, a leading indicator of infrastructure investment, has rebounded significantly for three consecutive months.

On the SGX market side, Xingyu Technology and its industrial chain sector led the market in the morning. In the afternoon, Jiuzhou Blue Arrow and its industrial chain-related stocks and the aerospace sector were repeatedly active, which once again helped the SGX 50 Index to rise, regaining the 4,200-point mark, and finally closed out a big bald and barefoot positive line.

As of the close, the SGX 50 Index rose by +3.32% to 4229.14 points, and the trading volume of the SGX market hit a record high of 885.1 billion. In the Shanghai and Shenzhen stock markets, the Shanghai Composite Index closed up +1.82% after the market to 2699.95 points, with a trading volume of 113 billion; the Shenzhen Component Index closed up +1.67% after the market to 8133.22 points, with a trading volume of 140.6 billion.

The three major markets had a total trading volume of 1138.7 billion, and the trading volume of the SGX market accounted for more than three-quarters of the total. The current trading volume of the two neighboring markets combined is not even over 300 billion. The liquidity is getting worse and worse, and no one is playing.

In terms of foreign capital, today the Shanghai Stock Connect had a net inflow of 1.7 billion, the Shenzhen Stock Connect had a net inflow of 400 million, and the SGX had a net inflow of 42.9 billion. The net inflow of foreign capital in the two neighboring markets is not even a fraction of the SGX market.

Even northbound funds don't want to play anymore, and the SGX market is adding positions fiercely.

Data shows that the total market value of foreign capital in the SGX market has reached 830 billion yuan. This growth rate has shocked the capital market. It may only take one month to break the trillion level.

Many people are worried about the strong momentum of foreign capital influx, and they are worried that foreign capital will go wrong if it buys so much. What should we do if the market crashes?

This worry is obviously unnecessary. The cost line of foreign capital is not low. Since the official operation of the New Hong Kong Stock Connect, the net inflow of foreign capital into the SGX market has not been a bargain hunting, but basically chasing the rise.

The total market value of foreign capital now exceeds RMB 800 billion, but compared with the total market value of RMB 45.7 trillion in the SGX market, the market value of foreign capital holdings of RMB 830 billion accounts for less than 2% of the total, only about 1.81%. Even if all the stocks are dumped and run away, at most a pit of 10 percentage points will be created in the short term, but it will not affect the general trend of the SGX market and will be repaired soon. The SGX stabilization fund alone can take over with a little effort, and there is no need for the stars to come forward.

Moreover, the mainstream funds of foreign capital basically do not contain the components of Youang Capital, which is actually very important. When Youang Capital comes, it basically comes to smash the scene, but without Youang Capital, non-Western overseas capital accounts for a large proportion, and even Western capital is mainly European capital.

Youang Capital does not come because they do not want to come, they really want to come, and they have been jealous of the return on investment in the SGX market privately.

But if they come, what about magnesium stocks?

This problem is unsolvable for Youang Capital!

Coming here means contributing liquidity to the SGX, so don't even think about destroying the SGX market, or just watch others make a lot of money and don't be jealous. If Youang Capital withdraws funds, the liquidity of magnesium stocks will be further squeezed.

And they have to consider another consequence. Don't look at the SGX 50 Index rising sharply now, that's because Youang Capital didn't come, or it came very little. If a large influx comes in, Fang Hong will secretly hold the market back, not allowing it to rise or fall, and just let it fluctuate sideways and fluctuate again and again, and Youang Capital will definitely be shocked.

Once it really stays in a sideways and volatile state for a long time, Youang Capital will not be able to make a penny, and the idea of ​​wanting to make a fortune and leave will be gone. It has not made a penny and has provided liquidity to the SGX market for so long in vain.

So Youang Capital hates the SGX market with a vengeance, and the degree of hatred is no less than some domestic financial rentiers and insiders.

The SGX market is now very large, with a total market value of 45.7 trillion yuan. It seems that no one can control the direction of the entire market, but Youang Capital does not believe this idea, because they operate the entire northern magnesium capital market themselves, and they know how to play it.

Under normal circumstances, magnesium stocks should have collapsed long ago. Taking a step back, Apple's current market value is definitely not worth more than 800 billion US dollars. Of course, it is already 700 billion today. It is because magnesium stocks cannot collapse, and the Youang group dare not let it collapse.

Because of this, Youang Capital does not doubt the control of the Star Group on the SGX market. What is the guiding star and ballast stone? This is not just a literal statement.

In fact, Youang Capital's concerns are correct. Fang Hong intends to do this. When Youang Capital does not come, the market will soar. Whenever Youang Capital flows into the SGX market on a large scale, Fang Hong will definitely take action to suppress the market's upward momentum.

They will not forcefully harvest Youang Capital, after all, it is not cost-effective. To harvest them means that the market will plummet. This is like picking up sesame seeds and losing watermelons. Fang Hong will naturally not do such an operation.

If Youang Capital really enters the market on a large scale, the market will be sideways. It is simple and crude but very effective. Anyway, you can provide liquidity to the SGX market. It will fluctuate sideways all the time. Just spend it. It doesn't matter how long it takes. It depends on whether the Beijing Magnesium stock market can withstand long-term consumption. If it can't withstand it, it will go back obediently in the end, but it can't take away any profit, because the market has not risen, which means a huge loss of time and capital costs.

As soon as Youang Capital leaves, the market will rise immediately. You want to kill a carbine, and I will continue to fluctuate. I just want to ask you if you are angry? Youang Capital is angry, but there is nothing you can do about it, because this is an unsolvable conspiracy.

So it is right for them not to come, and they really didn't come.

Obviously, Fang Hong wants the SGX market to open up foreign capital channels and welcome global capital participation, but it does not include Youang Capital. He is targeting Youang Capital.

……