My Fintech Empire

During the weekend, news fermented, and all major comment areas were shouting that the selling pressure of the stabilization fund was gone, the market returned to trillions of transactions, and the adjustment was almost done, and a new round of main uptrend was about to start.

At the same time, during the weekend, listed companies in the SGX market also disclosed their annual performance reports one after another.

It must be said that from the perspective of listed companies that have disclosed their annual performance reports, the quality of listed companies in the SGX market is indeed significantly higher than that of the two neighboring markets, and most of the good performance is in the SGX market.

Not to mention the fact that there are also the leading companies with excellent performance recognized by the entire market, such as Qunxing, which are definitely the guiding stars and ballast stones of the SGX.

…

After the weekend, it was Monday, April 1.

Stimulated by multiple positive news over the weekend, today's three major A-share indices once again jumped higher and rose sharply, ushering in a good start in April, and the weighted blue chips and theme stocks were active across the board.

Around 11:27 a.m., the New Securities 50 Index regained the 5,400-point mark, and broke through the oscillation platform in the past month to set a new historical high.

The market was boiling, and the comments on the stock forum were extremely popular.

[The breakthrough was successful, and a new round of main rising waves started! ]

[The 5,500-point mark is just around the corner. ]

[It was originally expected that the index would adjust today, but the market has set a new high with consecutive positive days, indicating that the market still has the momentum to rise. ]

[The consecutive positive days are a positive signal. Although it is impossible to accurately predict tomorrow's trend, it is likely to rise, at least it will not be very bad. Don't be bearish easily during the overall bull market. ]

[With this momentum, is it possible that the New Securities 50 Index really has a chance to break through the 10,000-point mark this year? ]

[10,000 points...]

[Living in fear of rising every day...(covering face and laughing and crying.jpg)]

[Don't worry about fear or not, just ask if this market is not good...(Shiba Inu/jpg)]

[It's really too good, as I said, 5,000 points is not a dream, 10,000 points is just the beginning! ]

[A new round of main rising wave is established, add positions! ]

[Buy the Xinzheng 50 Index, it really only takes hands...]

...

As of the close, the three major A-share indexes closed in the red.

The Xinzheng 50 Index closed up +1.47% at 5436.81 points; the Shanghai Composite Index rose +2.58% to 3170.36 points; the Shenzhen Component Index rose +3.64% to 10267.70 points. The three major trading markets had a total turnover of 2146 billion yuan, of which the SGX market further increased to 1102 billion yuan, maintaining a trillion yuan turnover for two consecutive trading days.

Shortly after the close, the SGX Stabilization Fund released information again to release 50 billion, and the open market operation is expected to release another 150 billion this week.

New selling pressure is coming again!

However, in the next few trading days this week, crazy investors continued to break through the selling pressure to create a new record high. Now everyone's mentality is that the stabilization fund has only sold 1 trillion, and the strong capital carrying capacity of the market has proved the strength of the bull market.

Some investors even interpreted it this way. The cashing out of the stabilization fund is different from the reduction of holdings by major shareholders or the cashing out of public and private equity funds. The cashing out of the stabilization fund is finally used to stabilize the market. The more liquidity the stabilization fund has in its hands, the stronger the risk hedging ability of the SGX market is, and it can escort the subsequent rise of the market.

So, in one word, rise!

It's all right to rise, just do it.

The next day, Tuesday, the SGX 50 Index closed up +0.22%, +0.70% on Wednesday, and +0.56% on Thursday. The SGX 50 Index successfully stood on the 5,500 point mark on Thursday.

On Tuesday, April 8, after the holiday, the New Securities 50 Index closed with a red cross K-line again, up +0.21%. The highest intraday surge reached 5554.06 points.

The New Securities 50 Index has been rising for six consecutive days, and the Singapore Exchange market has maintained a trillion-yuan turnover for six consecutive trading days.

The stabilization fund has been sold for a week, but the market has been rising for a week. Since the first release of 300 billion yuan of selling pressure on February 25, it has accumulated an astronomical figure of 1 trillion yuan, and the New Securities 50 Index has soared from over 5,000 points to more than 5,550 points in this range.

…

In the afternoon, stay in the villa.

"The stabilization fund has released 1 trillion yuan, which is enough to cover the market in the future." Fang Hong was browsing a document, which was a report on leveraged funds on the market. He turned to look at Tian Jiayi and ordered: "Say hello to the SGX and give window guidance first. If they still don't know what's good for them, then use a typical case as a sacrifice."

The SGX has already found out the problems of over-the-counter financing and leveraged funds. Data shows that there are currently more than 3.72 trillion yuan of leveraged funds and over-the-counter financing. These funds have flowed into the market since February 25, and more than 4 trillion yuan if the previous ones are included.

...

The next day, the SGX 50 Index opened low and once lost the 5,500-point mark during the session, but it pulled back in the late trading and finally closed down -0.37% at 5,508.00 points, holding the 5,500-point mark.

However, the market trading volume directly shrank from 1.1 trillion yuan on the previous trading day to 859.3 billion yuan, because some institutions had been given window guidance today.

Two days later, on Thursday, April 11, the Xinzheng 50 Index plunged in late trading, falling -1.12% after the market to 5450.77 points, and the turnover shrank to 820.5 billion. The sharp plunge in late trading was rumored that the management had already given window guidance to clean up the off-market financing.

But the market did not continue to fall in the next two days, but fluctuated sideways.

On Tuesday, April 16, the three major A-share indices rose across the board again. The Xinzheng 50 Index returned to 5500 points again, closing up +1.36% at 5516.12 points with a shrinking volume of 842.7 billion. On Friday this week, the Xinzheng 50 Index closed up +0.45% again, and the index closed at a high of 5539.55 points, which was close to breaking through 5554.06 points and setting a new historical high.

With this trend, the window guidance also failed!

The funds that were guided did not increase leverage, and some funds had already taken the initiative to remove leverage.

However, the newly entered funds are still leveraging, and they are playing a leverage relay game.

With the market situation like this, it can be said that "gentle" persuasion is basically useless, and we can only release explosive news.

…

On Monday, April 22, the A-share market opened. The New Securities 50 Index opened slightly lower and then fluctuated higher. At around 10:12, the increase expanded to 0.17%, and the index rose to 5549.06 points. In the current market sentiment and long atmosphere, there is almost no big pressure to break through the previous high of 5554.06 points today.

But just when the index rushed to 5549.06 points, it suddenly turned around and staged a big dive. In just ten minutes, the New Securities 50 Index turned down by -0.92%, and quickly dived more than 1 percentage point from the high point, losing the 5500 point mark.

This jump made many funds stunned for a while, and some people even eagerly bought the bottom, but not long after, those who bought the bottom regretted it.

Around 10:25, major market software pushed the message:

[Cailianshe Telecom: Breaking news! Four private equity institutions were banned from the market for illegally leveraging leveraged funds and over-the-counter financing. The Singapore Exchange held a press conference this morning and announced the decision to ban the four private equity institutions and their managers from the market for one year. The spokesperson of the Singapore Exchange said that the exchange will resolutely implement strict investigation, strict control, strict management and zero tolerance for illegal entry of over-the-counter financing and leveraged funds into the market. 】

As the news spread, all kinds of funds in the market were scared to death when they saw that the four private equity institutions were directly banned from the market for one year.

Especially those who have over-the-counter financing and leveraged funds, when they saw this news, they were all scared to deleverage and de-leverage in a hurry, whether they were institutions or retail investors.

The deterrent effect of the punishment measure of market ban is too great. In such a bull market, people would rather be fined than be banned from the market. If they are banned from the market for one year, wouldn’t they miss the bull market?

Four private equity institutions became unlucky and were sacrificed, and the effect was outstanding.

Even some retail investors who borrowed money to invest in stocks, such as those who cashed out from a certain treasure Huabei, were panicked at this moment, and quickly sold their stocks to cash out and withdraw the money to pay it back, because they were afraid of receiving the one-year package of the small black room of the SGX.

As the news spread, the market index also accelerated its dive, and all kinds of funds on the market also showed a stampede-like escape.

…