My Fintech Empire

Today's long positive line with large volume changed the previous unilateral adjustment trend, and directly reversed the previous seven negative lines with one positive line. From the technical form, it is basically confirmed that it is a double bottom after a second bottoming out, and this bottom did not break the previous low of 4188 points on October 19 last year.

Entering the weekend, the hottest topic in the capital market is the rumored new delisting rules of the SGX market.

Many people are trying to find out the news for certainty, including some investment institutions, because 99% of the institutions have not received the news in advance, let alone retail investors.

On the one hand, everyone is trying to find out how true the rumors are, and on the other hand, everyone is more focused on the management of the SGX market. With such a big commotion, the entire capital market is like a pot of boiling water. The management of the SGX should stand up and respond to the market hot spots, right?

However, as the weekend ended, the management response expected by the outside world did not appear.

No response, but it was interpreted as a positive by the market.

The reason is that although there is no response, it also means that there is no denial. Rounding it off can even be said to be equivalent to acquiescence!

…

After the weekend, it is Monday, January 7.

The SGX 50 Index, which rose sharply last Friday, opened at 4371.33 points this morning, +0.55%, and continued to rise after opening. In the first half hour of the morning, the SGX 50 Index stood firmly above the 4400-point mark.

At around 10:22 am, it reached a high of 4406.27 points, but this also became today's intraday high, and then fell back quickly.

Because just now, the SGX held a press conference to respond to the current market hot issues. Regarding the hottest rumor about the SGX market delisting rules, the spokesperson said that the unit has not received any relevant news at present.

The capital market also fell back in response. Some investors were quite disappointed after seeing the news flash and learning about the response of the SGX market, and felt that they were happy in vain.

However, some people who are good at observing details have found some clues, that is, the spokesperson's response is actually a bit vague, for example, there are no keywords with affirmative rumor-refuting such as "market rumors are false".

No relevant news has been received so far, does the subtext mean that it will be received later?

Most stockholders chose a simpler and more direct way, which is to turn around and run to Fang Hong's Weibo account to comment or privately message to ask about this matter. The frequency of K God's current online appearances cannot be compared with a few years ago, but the fans of his Weibo account are extremely active.

Although it is not explicitly stated that the top-level design of the SGX market was created by Fang Hong, this matter has become an open secret in the market, so everyone is extremely convinced that if the new delisting rules of the SGX market are really to be implemented, Fang Hong must have participated, or even created by him.

Then ask K God directly. If K God replies, it must be true.

…

As time went by, the Xinzheng 50 Index rose and fell all the way. At around 12:33, it filled today's gap, and once turned green and fell -0.11%. Then it quickly turned red and rebounded to +0.53%, and then began to fluctuate and consolidate.

It is worth mentioning that today's three major A-share trading markets all opened higher collectively. The theme stocks in the two neighboring cities performed quite well, and many sectors staged a surge in daily limits, although the volume was generally not followed by retail investors.

In sharp contrast, the performance of large-cap heavyweight stocks in the three major trading markets was relatively weak, but the three major markets generally showed a general rise, and more than 100 stocks on the market hit the daily limit.

At around 14:37 in the afternoon, a short essay with a screenshot of a private message went viral in the circle.

Even major market softwares have pushed out a short message:

[It is said that Fang Hong, founder of Qunxing, said that the new delisting rules of the SGX market are under internal discussion]

Spurred by this news, the SGX 50 Index rose sharply again in the last twenty minutes of the closing. The funds that had withdrawn in the early trading session rushed in again in the late trading session, causing the index to strengthen again in the late trading session.

At this moment, major stock forums, communication groups, and the comment area of ​​the latest dynamic under Fang Hong's Weibo account are all discussing it.

[Wow! Is that screenshot real? ]

[I ran away when the market was rising in the early trading session, but I couldn't help but take it back in the late trading session after seeing this news. ]

[You are speculating in stocks based on the news, right... (dog head.jpg)]

[There are pictures and the truth, it must be true. ]

[This little essay...]

[It feels unreliable. This is different from the caliber of the spokesperson at the press conference of the SGX market. How could K God not have the right caliber for such a big thing? Moreover, it is impossible for K God to respond to such a big thing privately on Weibo. ]

[But now the funds are frantically buying in the closing period...]

[This momentum feels like it can break the rhythm of the previous high in the early trading session. ]

[Who cares? This is the SGX 50 Index. Even if it is trapped for a while, it won't last long. Anyway, it will go up anyway, so... just do it! ]

[Let's be honest. The screenshot that is circulating is obviously a fake photo. ]

[I also think it is a bit unreliable. If you think about it carefully, it really doesn't stand up to scrutiny. Even if the SGX has really decided to introduce new delisting rules, the SGX management should announce it in terms of procedures instead of God K. Besides, God K can't be so reckless. ]

[Indeed, even if we take a step back, even if K God replied, he would not send a private message to someone individually. He should directly send a new blog post. Moreover, K God would definitely not be so reckless. Just like what the above said, the procedure is wrong. ]

[But the funds scrambled for shares at the end of the trading day, and anyone can see it...]

[It rushed up in the early trading, and bought back when it turned green during the trading day. I am very satisfied with this operation. ]

...

The current market is full of true and false news. Fang Hong did not pay attention to the capital market today, nor did he read the news. He didn't even know that there was such a thing.

However, there was a public opinion tracking department that saw the rumors on the Internet at the first time and reported it at the first time. In addition, the management of the Singapore Exchange is also very confused now. For a while, they didn't know whether the screenshots that were circulated wildly were true or false, and they also called the people of Qunxing to verify the authenticity.

Tian Jiayi received the news quickly and then called Fang Hong directly.

At this moment, Fang Hong was enjoying the double private SPA service of Lin Yun and Lin Yan.

When he heard the ringtone of the mobile phone, he knew it was the beautiful assistant calling, because she had set a separate ringtone, and the phone number corresponding to this ringtone was related to work, which meant that the call from Tian Jiayi was related to work, and she would use another number for personal matters.

Fang Hong signaled Lin Yan's sister to give him the mobile phone that was placed aside, and took the mobile phone from Lin Yan. Fang Hong raised his index finger to his mouth with his other hand to signal the two girls not to move or make any noise. Lin Yun, who was sitting at the bottom of the seat, sat up straight and nodded obediently. The violent and frequent up and down fluctuations also quickly narrowed and quickly returned to calm.

Then, Fang Hong looked back at the screen of his mobile phone, answered the call and put it to his ear. He lay on his back and looked at the ceiling and said, "What's the matter?"

Tian Jiayi's questioning voice came from the other side of the phone: "It is said that you sent a private message to someone on Weibo saying "The new delisting rules of the SGX market are under internal discussion". Is this true or false? Did you reply?"

Fang Hong was also stunned when he heard this, but soon understood it and said concisely: "It's false."

Tian Jiayi replied: "I knew it was false."

……