My Fintech Empire

Wednesday, September 19.

The A-share market opened today, and the SGX 50 Index opened slightly lower in the morning and then slowly fluctuated upward.

The Shanghai and Shenzhen stock markets next door have been rising since opening at 9:30, and at the same time, the volume has continued to increase, and the weight and theme have performed reasonably. Real estate stocks have collectively risen, activating market sentiment, and concepts such as combustible ice and connectivity have been frequently active. Blue-chip stocks in the liquor and household appliances consumer sectors have also been favored by funds.

Judging from the trend in the morning, the SGX market is weaker than the Shanghai and Shenzhen stock markets today.

However, at around 11:55 noon, a rumor ignited the SGX market. It was a source who revealed that the super bold $550 billion signed with the local tycoon of Sat had no danger and had made a breakthrough.

As soon as the news came out, Jiuzhou Blue Arrow took off directly, which also led to the collective abnormal movement and rise of the aerospace sector and Jiuzhou Blue Arrow industrial chain. Xingyu Technology also turned red from underwater -1.23% after 12 o'clock.

As time went on, the SGX 50 Index continued to strengthen all the way.

At around 13:19 in the afternoon, Jiuzhou Blue Arrow hit the daily limit, the stock price came to the historical high, the market value also climbed to 1.43 trillion, the concept stocks of the star system were all in the red, driving the SGX 50 Index to break through the 4300-point mark and set a new historical high. The maximum intraday increase expanded to +2.62%, and the highest point reached 4339.82 points.

There was a decline in the late trading. After the closing, the SGX 50 Index reported 4304.27 points, up +1.78%. The Shanghai and Shenzhen stock markets next door also rose across the board today. The Shanghai Composite Index closed up +1.14% at 2730.85 points; the Shenzhen Component Index closed up +1.41% at 8248.12 points. The three markets had a total turnover of 1169.3 billion, of which the SGX market was 849.4 billion.

In terms of foreign capital inflows, northbound funds continued to flow in today, with a net inflow of 770 million yuan from Shanghai Stock Connect, 150 million yuan from Shenzhen Stock Connect, and 31.62 billion yuan from SGX, totaling 32.54 billion yuan. More than 97% of the net inflow went into the SGX market, and the two neighboring markets were just making up the numbers, which can even be ignored.

…

In the afternoon, at Jingxinju Villa.

Tian Jiayi came back and reported a new news to Fang Hong: "The $550 billion order reached with Sat, of which 100 billion yuan was prepaid, 50 billion yuan has been paid today, and the remaining 50 billion yuan will be paid next week."

This money is currently in the name of Qunxing, but this money does not belong to Qunxing, it is only temporarily entrusted. Strictly speaking, it belongs to everyone and the entire domestic aerospace industry chain. At that time, the cake will be divided according to the cooperation details in the agreement.

Fang Hong nodded, and after a moment he couldn't help but sigh: "It's really not easy for Xiao Sa Le Man to withstand the pressure from Lao Mei and transfer the money."

If you look at this matter from the perspective of the local tyrants of Sha Te, you can understand how difficult it is for the local tyrants. The two big brothers on the earth are knocking each other, and the local tyrants are set up in the middle, and neither can afford to offend.

Every step is walking on a tightrope. If you play well, you can get along with both sides, but if you play too much, you may be on the menu at any time. And you can't not play, because the geographical location of the local tyrants of Sha Te and the oil resources they have destined him to be impossible to be neutral. He must play and must choose to stand on the side.

Finally, Fang Hong ordered: "Disclose the news on Friday."

Tian Jiayi nodded: "Well, okay."

...

The next day, Thursday, September 20.

Today's A-share market was a volatile market. The Xinzheng 50 Index opened flat and rose during the session, but did not set a new high. Then it rose and fell, and finally barely held 4,300 points.

As of the close, the SGX 50 Index fell slightly by -0.08% to 4300.68 points, and the trading volume of the SGX market shrank to 714.8 billion. The Shanghai and Shenzhen stock markets next door also showed a green K cross star today.

In terms of individual stocks, Jiuzhou Blue Arrow, which closed at the daily limit yesterday, set a record high today with a medium-sized positive line, closing up +5.37%, and the market value rose to 1.51 trillion. In terms of foreign capital, the SGX market continued to maintain a net inflow trend. Although it fluctuated sideways today, the net purchase volume of foreign capital still reached 13.882 billion, which gave investors the feeling that foreign capital seemed to have only the buy button, and the sell button had been deducted.

…

Friday, September 21.

The last trading day of this week arrived as scheduled. In the morning, the SGX 50 Index opened flat and rose slightly, then fell back to green. The time-sharing line fell back to -0.27% and touched the five-day average price line, then gradually stabilized and rose again, turning red from underwater around 10 o'clock.

At the same time, Jiuzhou Blue Arrow is also climbing slowly today and setting a new record high. At 10 o'clock, the increase expanded to +2.27%. The aviation sector and the stocks related to the Jiuzhou Blue Arrow industry chain rose and fell mutually. Overall, the bulls are stronger than the bears.

Until around 11:19, Jiuzhou Blue Arrow accelerated its upward attack, and its time-sharing line showed a violent upward trend, while driving the aviation sector and the concept stocks of the Jiuzhou Blue Arrow industry chain to rise rapidly.

Such abnormal movements also attracted the attention of the entire market.

At around 11:35, the Shanghai and Shenzhen stock markets had closed for lunch, and on the SGX market, which did not close, Jiuzhou Blue Arrow's stock price hit the daily limit, and the funds on the board were as high as 7 billion, which shocked all kinds of funds in the market.

Jiuzhou Blue Arrow hit the daily limit again, and the market value scale was pushed to a new historical height of 1.66 trillion.

After two minutes, many people finally understood why this happened. The news pages of major market software pushed a heavy announcement that Qunxing Capital had just released, disclosing to the outside world the latest progress of the $550 billion strategic cooperation reached with Sat.

The announcement contained a very important piece of information, that is, Sat’s rich had paid $50 billion in advance.

The emergence of this news boosted the capital market, and major domestic aerospace companies or institutions were even more excited. Previously, the public opinion field was saying that the cooperation with Sat’s rich was going to be cold, and such remarks were rampant.

In addition, Alian Chieftain had already announced the termination of cooperation early, and the $550 billion strategic contract with Sat was also shrouded in a haze. Some pessimists felt that this contract was likely to be cold, and the capital market was also very worried, waiting for the final shoe to land.

Now Qunxing Capital has disclosed this news, and the rich has directly paid a huge sum of $50 billion, which is to tell the world that the cooperation between the two sides in the aerospace field will proceed as scheduled and will not be interfered with by external factors.

As the news spread, the aerospace sector and the Jiuzhou Blue Arrow Industrial Chain and other stocks released huge volumes, but did not rush up, because some funds felt that the shoe had landed and the good news had been realized, but the market's ability to bear was super strong.

Although the funds for the daily limit of Jiuzhou Blue Arrow next door dropped by half from the highest of more than 7 billion, it still firmly closed the daily limit.

After 13:30 in the afternoon, the turnover was sufficient, and then the violent pull-up forced shorting trend began. Those who had run away before were shocked to find that they had sold out. What about the expected profit of the shoe landing? How did they force a short squeeze?

Some investors were forced to chase back after being forced to short. At around 14:00 in the afternoon, the aerospace sector and the Jiuzhou Blue Arrow Industrial Chain sector set off a daily limit frenzy.

…