My Fintech Empire

Chapter 1398 [De facto market pricing power]

In fact, the fact that the performance of securities companies is not bad was not mentioned today, nor was it discovered today. In fact, many people have been talking about this matter since the second half of this year, and many investors have ambushed securities stocks according to this logic.

But it is useless. What can we do if it doesn’t rise?

Moreover, during the recent October holiday, the securities sector has plummeted during this period. In the short term, the sector has fallen by more than 17 percentage points, especially on October 11, when thousands of stocks hit the limit, the securities sector was collectively killed, and the entire sector fell by more than 8 percentage points.

This is very despairing. Obviously, the performance is not bad. Compared with the current position of securities stocks, it is in the lowest valuation range in history, but it just doesn’t rise, but keeps falling.

On the other hand, in the SGX market this year, the SGX 50 Index has been rising all the way, with new highs and new highs. It is either a new high or on the way to a new high. It has been rising and rising in the bull market for almost three years.

Those who had been lurking in the securities sector early on were very uncomfortable. After a long time, they could not stand such torture and ran to the SGX market to play.

However, today, when the rumors of the stars' massive increase in holdings of major securities stocks came out, coupled with the fact that the two sessions of the People's Bank of China and the two sessions spoke together the day before yesterday, this sector that everyone originally disliked seemed to have become a hot commodity overnight, and the previous logic was once again brought out and praised.

After the weekend, the time came to Monday, October 22.

The A-share market opened as scheduled in the new week. Stimulated by a series of good news over the weekend, the three major stock indexes opened higher and walked out of the barefoot sun. After the opening of the Shanghai and Shenzhen markets at 9:30, the securities sector opened high and went high, triggering a frantic rush of funds from all walks of life in the market, and securities stocks set off a daily limit wave.

At around 10:53, the securities sector rarely saw a daily limit again, and all securities stocks rose to the daily limit. The insurance sector also rose by more than 8 percentage points in the afternoon, and the banking sector also rose by more than 5 percentage points.

The three major trading markets all strengthened today, with large volume and large gains. Both the SGX 50 Index and the Shanghai Composite Index have gone through a long positive line of 100 points today. The Shanghai Composite Index also stood on the 10-day average price line in one fell swoop, and nearly 300 stocks hit the daily limit.

From the market point of view, the securities, insurance, matrix quantum and its industrial chain sectors have the highest increase. None of the three major trading markets fell today, showing a trend of a full-line surge. The trading volume of the three major markets has also increased significantly, and the trading volume of the Shanghai and Shenzhen stock markets is also expected to exceed 400 billion today.

On the SGX market, Matrix Quantum rose sharply today and went through a long positive line. Before the opening, the market value was 6.89 trillion. At 13:22 in the afternoon, it went through the daily limit, and the market value surged to 7.579 trillion, close to the previous high.

If the previous $550 billion aerospace industry order from the rich in Sat sent Jiuzhou Blue Arrow all the way to the 2 trillion market value mark, then the recent $100 billion order from the rich put Matrix Quantum in the same position as Jiuzhou Blue Arrow. The rich want to build the largest storage and computing integrated data center in the Middle East, so how can they leave Matrix Quantum?

However, although Matrix Quantum closed the daily limit in the afternoon, it exploded at around 14:40 and did not close.

The size is too big and the order is smaller.

What was the market value of Jiuzhou Blue Arrow before the big rise? What is the current market value of Matrix Quantum? The former was more than 800 billion before the big rise, and the latter was close to 7 trillion. Moreover, the contract orders of the two differ by five times, the former is 550 billion US dollars, and the latter is 100 billion US dollars.

Although Matrix Quantum did not close the daily limit today, it did not plunge after the daily limit was opened, but maintained a high range of 8 percentage points. It is a fact that it is too big, but it is also a fact that it is a major positive.

After 15:00, the A-share market closed as expected, and the three major stock indexes all walked out of the long positive line with large volume.

The SGX 50 Index rose by +3.23% to 4430.40 points; the Shanghai Composite Index rose by +4.09% to 2654.88 points; the Shenzhen Component Index rose by +4.89% to 7748.82 points. The three major markets had a total turnover of 1475.9 billion, of which the SGX market once again returned to the trillion-yuan market, with a turnover of 1053.9 billion today, and the Shanghai and Shenzhen markets were 197.3 billion and 224.7 billion respectively.

In addition, it is worth mentioning that the SGX 50 Index also repaired the downward gap on October 11, the day when thousands of stocks hit the limit, but the Shanghai and Shenzhen indexes did not. Although it rose more than the SGX 50 Index today, the Shanghai and Shenzhen indexes fell too hard on October 11, the day when thousands of stocks hit the limit, and the thousands of stocks hit the limit basically in the Shanghai and Shenzhen markets.

In the following days, the New Securities 50 Index entered a period of adjustment, and the K-line trend began to take a wedge-shaped consolidation. It is certain that there will be no new highs this year.

The securities sector in the two neighboring cities was activated, ushering in a reversal rather than a rebound. In the next month, it maintained a strong bull market, fluctuated upward all the way, and the trading volume gradually increased, which was favored by more and more funds.

It must be said that the influence of Qunxing Capital on the A-share market is self-evident today, and it has in fact possessed the market pricing power.

To put it bluntly, Qunxing Capital is optimistic about any industry or sector, and this industry sector can take off.

Conversely, if you are not optimistic, the market will plummet. The performance of the securities sector in the past two days is the best example. The performance is not bad, but it has been falling all the way. As a result, it was reported that Qunxing Capital increased its holdings of securities stocks, and the sector took off directly.

After signing another $100 billion order with the rich in Shat, the cooperation between the two sides is also being promoted in full swing. Relevant enterprises and units have also sent employees to Shat to build a basic aerospace industry system for the rich.

Jiuzhou Blue Arrow directly sent more than 800 relevant technical personnel to Shat to establish a branch in the local Liad.

After negotiations between the two sides, it was finally determined to establish a space launch center in Jizan City, southwest of Shat, near the Red Sea, and make it the largest commercial space launch center in the Middle East, and it can also be said to be the largest commercial launch center in the Islamic world.

After completion and formal operation, it will provide commercial space services for the entire Middle East or the Islamic world.

The address of the launch center was chosen to be determined in the location of "Jizan" because the geographical location here is the southernmost of the rich in Shat.

The closer to the equator, the greater the linear speed. The maximum rotation speed of the earth at the equator reaches 465.1 meters per second. The closer the launch center is to the equator, the more it can use the power of the earth's rotation to increase the initial flight speed and increase the rocket's carrying capacity.

In addition, the location of "Jizan" is close to the sea and has the conditions to build a port.

Rockets are big things, and the efficiency of land transportation is very poor, the cost is also very high, and it hinders traffic. In addition, most of the homes of the local tyrants in Shat are deserts, and the infrastructure, especially the road facilities, cannot be compared with the Eastern powers at all. It is definitely the most suitable to go by sea.

As for the safety issue, this is not a problem. No one dares to move. This is not the confidence of the local tyrants in Shat, but the confidence of Dongda.

Because the cooperation with the local tyrants is carried out in the form of a joint venture, daring to destroy these aerospace industrial facilities is destroying Dongda's legal assets overseas.

Although Jizan is almost next to us, the local tyrants have grievances with Husai brother, but Husai brother is unlikely to go to Jizan to make trouble, because Husai brother's eldest brother is Yilang, and Da'e and Dongda are almost all Yilang's eldest brothers.

Then it can only be the West, but they dare not mess around with such things, because there is a military presence of the East in Jibuti Port, not far south of Jizan.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like