My Fintech Empire

SGX is not perfect, but it undoubtedly has its merits. In just three and a half years, nearly 1,700 companies have been listed, and only 15 have problems. Among them, 9 have been discovered early and have been treated as ST. Only 6 have slipped through the net.

This result is already quite impressive. Looking at the major capital markets around the world, there is no other place with better results than SGX. Magnesium stocks have to be ranked at the back, not to mention the two cities next door to the A-share market.

As for the investors who stepped into the pit of these 15 listed companies, it can only be said that they are extremely unlucky, but as long as they are not fully invested, they can still slowly recover from the SGX market. If they are fully invested, such as when Yiou shares hit the ceiling, even a god cannot save them, and they are basically wiped out.

At this moment, the comment area of ​​the stock bar of these 15 stocks, especially Yiou shares, is extremely popular, because thousands of retail investors in the A-share market are watching and discussing strongly, and everyone feels scalp tingling when seeing this trend.

[Too scary, it can still plummet -98% when it has been cut in half, it's really outrageous.]

[Take it away, take it away, send it to the old third board... (Shiba Inu.jpg)]

[This is a mass grave (cry)(cry)(cry)(cry)(cry)(cry)]

[The SGX market is good in one thing, regardless of whether it is a retail investor or an institution, if you want to be depressed, you should be depressed together, the main theme is fairness... (covering face.jpg)]

[I didn't expect that the first batch of delisted stocks on the SGX would be opened in this way, but these companies are also somewhat useful, at least they played a "sacrifice" effect during the implementation of the new delisting rules. This is a good warning and educational demonstration. I can only say that sacrificing the small self achieves the big self... (covering face and laughing and crying.jpg)]

[Holders will suffer, I will bear the blame... (manually funny)]

[Holder: You are noble, you are amazing... (Erha.jpg)]

[It's really too tragic, I, a bystander, can't stand it, it's directly reduced to ashes. ]

[The SGX 50ETF is still stable and attractive. Don’t think that you can make money by buying stocks in the SGX market with your eyes closed. Even the best market will have landmines. Moreover, under the new regulations, accidentally stepping on a landmine is definitely an epic landmine. ]

[It is still necessary to split warehouses, especially in the SGX market. ]

[How are those who entered Yiou shares at the ceiling that day? ]

[My mood is very good and stable, because it has been completely cold...]

[I bought 50,000 or 60,000 yuan that day, and now I only have a few hundred yuan left. I don’t want to talk anymore, so I just want to make a profit, but I lost all my principal. ]

[I still have a few hundred yuan, so I can have a meal with tears... (covering my face.jpg)]

[The above person knows how to comfort people. ]

[I bought this ticket for 1 million yuan, and now I only have 5,000 yuan left. Using another 5,000 yuan to get back the investment means that the rate of return must be doubled 200 times, which is basically wiped out. No one can get back the investment. I hope those who have fallen into the trap will not be fully invested. If they are not fully invested, there is still hope to get back the money. It is really miserable...]

[Who said that no one can get back the investment? I think at least there is at least one person who can do it, that is God K. At least I firmly believe that God K can definitely do it. ]

[I am talking about people, not gods... (Shiba Inu.jpg)]

[Uh... I am speechless and cannot refute it. ]

...

On the first day of the delisting consolidation period, investors have witnessed the tragic decline of such stocks. These 15 stocks have plummeted by more than -80% after today's closing, among which Yiou shares have plummeted by more than -98%. Such a huge decline on that day is rare in the history of the A-share market.

Investors who hold these 15 stocks have paid a terrible price. Fortunately, most investors do not hold full or heavy positions. Although they are also in pain, they are not "eliminated".

However, there are still a small number of investors who are fully invested, which basically returns to zero overnight. It is not an exaggeration to say that they are "eliminated" by the market.

This also teaches other stock investors a good lesson. Even in the SGX market, you can't say that you can make money steadily by buying with your eyes closed. You must stay away from junk stocks such as performance fraud, information disclosure violations, and continuous losses.

Don't buy stocks easily. If you must buy, don't go all in on a stock. It's best to buy blue chip stocks with good performance.

To put it bluntly, buying the SGX 50ETF is the most stable. It may not bring a tenfold or even higher return on investment like individual stocks and small-cap technology growth stocks, but at least you won't step on a huge pit like Yiou shares.

Moreover, the increase of the SGX 50 Index is also relative. In fact, the return on investment over the past three years is quite amazing, and the return on investment has surpassed more than 98% of the stocks in the two neighboring cities.

As of the close, the first trading day of the second half of this year ushered in a good start. The SGX 50 Index closed at 109.14 points after the market, reporting 5438.55 points, up +2.05%, and the total turnover of the SGX market was 958.5 billion.

Since the SGX 50 Index fell to 4875.15 points on May 23, it has rebounded by +11.55%. In just a month or so, it has once again reached the historical high, and the historical high of 5554.06 points is just around the corner.

In the following days, the market did not continue the momentum of the good start and break through the historical high in one fell swoop, but once again entered a trend of oscillating decline and correction.

The reasons for the correction are the result of multiple aspects, mainly the resonance of internal and external factors.

The internal cause is the SGX itself. First, the SGX 50 Index is currently near its historical high. There are dense locked-in positions in the 5400-5550 point range that need to be released. The recent market trading volume is also below one trillion yuan, and it is obviously difficult to digest the locked-in funds here in the short term.

In addition to the locked-in positions at the high point, the SGX 50 Index has a relatively fast short-term increase, and there is a need for short-term profit-taking. Another factor is that the new delisting rules of the SGX market have just been implemented. The market itself is also adapting to the new rules and generating new capital games in accordance with the new rules. In the short term, funds cannot form a joint force.

In addition to the internal causes of the SGX, there are three external causes. The first is that the group situation of blue chip stocks in the neighboring Shanghai and Shenzhen stock markets has shown signs of loosening. After Maotai shares broke through the 1,000 yuan mark and Wuliangye and other new highs were repeatedly valued, investors are worried that their performance does not match the valuation.

The consumer sector, with Maotai, Wuliangye and other liquors as its core, has been in an overweight state for 10 consecutive quarters. The result of long-term overweighting is overvaluation. If there is a phenomenon of performance falsification in the future, there is a risk of stampede.

Although the valuation of blue-chip heavyweight stocks in the SGX market is not low, or even higher, the performance and value growth are strong, and the SGX has a stabilization fund, which is not available next door. The SGX is now further improving the new delisting rules to boost market confidence, which is not available next door.

Another factor is that the mid-term report disclosure period is approaching at this time point, and investors are worried about the risk of performance explosion. Stocks such as Boyin Shares and Kangdexin in the two neighboring cities have exploded one after another, and stocks such as Yiou Shares and Haililin in the SGX market have exploded.

At present, the mid-term report disclosure period is approaching, and there is a certain risk of performance explosion. Although 15 stocks have exploded in the SGX market, no one dares to guarantee 100% that the remaining stocks will not have any risk of explosion, so it also suppresses investors' risk preference. It is safer to wait for the mid-term report disclosure first.

In addition, external factors are also a factor. Investors' expectations for the end of the easing cycle in the United States have been dashed. The non-farm data of the old United States is strong, at least on the surface. The number of new non-farm jobs in June has greatly exceeded market expectations and previous values. Combined with the conservative remarks of the previous Fed's speaker, it means that the easing expectations of the United States will be postponed. When the expectations are dashed, the capital market will also see some corrections.

At the beginning of the second half of the year, Fang Hong temporarily did not pay attention to the relevant matters of the SGX market, but instead focused on Africa thousands of miles away.

Fang Hong once again paid attention to the things in Africa because several companies under Qunxing, such as Bionic Power Company and Kunpeng Technology, began to send people to contact the French people to discuss business and sell products to them to deal with the threat of Blue Fox International.

Demand can be created artificially.

... (End of this chapter)