My Fintech Empire

At this moment, the stock price of Xingyu Technology fluctuated upward all the way. At about 13:20 in the afternoon, the intraday increase was close to 4 percentage points, and it was about to break through the early trading high and set a new historical high.

The company's major market makers are now selling and suppressing. They have all received news that the early trading high cannot be broken, and in the next 15 trading days until the arrival of the short holiday, Xingyu Technology's trend will mainly be a correction.

And now, stimulated by the positive news that 80,000 car reservations were sold out in seconds, long funds are very fierce and are attacking this stock.

The major market makers of Xingyu Technology are desperately trying to smooth out the fluctuations and continuously release selling pressure. They barely suppress the market's long forces, but they dare not relax because the current price of Xingyu Technology is running near the early trading high.

In the current market atmosphere, if the high point of the morning session is broken and reaches a new high again, a stronger bullish force will be formed to accelerate the upward attack. At that time, it will be difficult to suppress it by market makers alone. The sharp rise of Xingyu Technology will drive the sharp rise of the market index Xinzheng 50, and then continue to transmit it, forming a typical leading effect.

Fortunately, it was suppressed in the afternoon and lasted until about 14:47. The stock price of Xingyu Technology has always failed to break through near the high point of the morning session.

When the funds saw that the pressure here was so great, the funds that had bought for a breakthrough saw that the high point of the morning session had not been broken for a long time and planned to give up. Moreover, today's trading volume was a bit exaggerated, and it seemed that large funds had peaked. There were also funds in the market that decided to withdraw near the end of the session.

So there was a decline, and several major market makers also breathed a sigh of relief, and finally suppressed the bullish momentum of funds.

As of the close, the Xinzheng 50 Index closed up +1.28% at 5787.95 points, and the total turnover of the SGX market was 1160.5 billion.

In terms of individual stocks, Xingyu Technology rose +3.55% today, closing at 58.58 yuan/share, with a market value of 16.13 trillion yuan and a daily turnover of 286.7 billion yuan. Today's volume column can be described as a huge volume, breaking the record of the largest single-day turnover of Xingyu Technology since its listing.

This volume accounts for nearly a quarter of the trading volume of the entire SGX market today, and is more than the full-day turnover of the entire Shanghai Stock Exchange today. The turnover of the Shanghai Stock Exchange today is 286.2 billion yuan, and the total volume has not yet caught up with the trading volume of Xingyu Technology.

Although the trading volume is super exaggerated, it is not too exaggerated relative to Xingyu Technology's stock, because the size is there.

Xingyu Technology's current total market value is 16.13 trillion yuan, of which the circulation value is 8.55 trillion yuan. Such a large turnover accounts for only about 3.35% of the circulation value. The usual daily trading volume is about 160 billion to 180 billion, which is about 2% of the circulation value.

If the daily turnover of a super-large-scale enterprise with a market value of 16 trillion yuan is only more than 10 billion yuan, it seems that more than 10 billion yuan is an astronomical figure, but in fact it is equivalent to the depletion of liquidity. It means that an institution can easily make 200 to 300 million yuan to pry the plate of 16 trillion yuan market value and influence its fluctuations. What will happen?

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At the same time, outside the capital market, the popularity of the two cars is still off the charts, and the car circle and the Internet have once again pushed this craze to a new height because the first batch of 80,000 reservations for the two cars of Xingyu Technology were sold out in seconds.

It has attracted people inside and outside the industry to be stunned, and netizens who eat melons can't sit still, and they have strongly watched and discussed.

[No, you sold out these hundreds of thousands of things in seconds? I'm dumbfounded! ]

[Ah, this, this...]

[Buying cabbage? Cars worth hundreds of thousands of yuan are so scrambled, right? ]

[Friends from all walks of life must be envious. ]

[After some calculation, the total value of 80,000 cars is 34.7 billion yuan. You guys just bought 34.7 billion yuan worth of things in a matter of minutes? ]

[Yesterday, I just received a request from a SCN-3 pure electric car owner to sell it at my second-hand car dealership. Why did he have a car? Of course, he won the Pioneer Experience Program with a limit of 4,000 people on Saturday. After picking up the car, he decided to sell it. The car he picked up for 370,000 yuan was sold at a second-hand resale price of 750,000 yuan, which doubled. Although it is second-hand, it is a completely new car and has been driven less than 300 kilometers.

The car just arrived at my place yesterday morning, and yesterday afternoon it was bought by a big brother in seconds. It was more than double the original price, and he took the car away today. And it was paid in full, without any loan at all, and he said he didn't want to wait.

I have to say that Xingyu Auto's users are really rich, very, very rich

A SCN-3 sedan that is 380,000 yuan more expensive than the official price, was bought at a price of 750,000 yuan, just to avoid waiting and sign the order directly! ]

[Fuck, big brother is really rich, he is willing to buy a 370,000 yuan car for 750,000 yuan...]

[Buy early and enjoy early. ]

[Awesome, really awesome, it seems that the value retention of this car is higher than I thought. ]

[Seeing this sold out scene, seeing that big brother is willing to spend 750,000 yuan to buy a 370,000 yuan SCN-3 just because he doesn't want to wait, I finally realized that it is really my problem that I can't afford the SCN-3, I am very hurt... (covering my face and crying.jpg)]

[Mr. Qin priced these two cars at 370,000 to 500,000 yuan, which is a huge loss. In my opinion, adding 200,000 yuan to each car is also a ruthless killing rhythm. ]

[Really too recognized! ]

[The price of SCN-3 at 370,000 yuan is really ruthless for this model, even if it is sold at 500,000 yuan, it is probably a ruthless killing situation. ]

[New car-making forces, fuel vehicles, joint venture vehicles, all ruthlessly crushed! ]

[I feel that the only thing that can restrain the two cars from killing each other is production capacity. If I were a competitor of Xingyu Technology, I would definitely feel that the sky is falling when I saw SCN-3 and SCU-3. This is still a market trade... (tears of laughter.jpg)]

[I just went to the toilet and came back to place an order. Oh my god, 80,000 cars were sold out in seconds? I was stunned. ]

[The debut is the peak, worthy of Xingyu Technology. ]

[When will the second batch of reservations be opened? Hurry up, I haven't placed an order yet! ]

...

A total of 80,000 vehicles of the two models were sold out in seconds after the reservation was opened. This scene shocked countless people. When friends and colleagues saw this news, their jaws almost dropped to the ground.

Because Xingyu Technology has opened a reservation, there is a rule that car owners who have made full reservations can arrange vehicle delivery first. As a result, car owners all want to arrange vehicle delivery first, and then all 80,000 cars are reserved in full. This is why competitors will be shocked when they see it.

Why is it so popular?

Now many people are analyzing and interpreting. One of the views that is more recognized by the market is that the two cars launched by Xingyu Technology are "too cheap". The cheapness here is not the price itself, but most car owners think that the actual value of the car far exceeds its selling price. Even if the SCN-3 pure electric car is sold for 500,000 or 600,000, everyone thinks it is not expensive and worth the price.

Consumer recognition is really too high!

At present, Xingyu Technology's production capacity is not enough to achieve large-scale delivery. Qin Feng said that the fastest large-scale delivery will be in the second half of next year.

In other words, from now to the next year, these two cars are in a state of supply and demand. There are a lot of people who want to buy, but it is hard to find a car. That must be rare and expensive. The second-hand market will definitely see a transaction price far exceeding the official guide price.

At present, there has been a case where a SCN-3 pure electric model was sold at a price of 750,000 yuan.

On the one hand, there are rich people who want to get it as soon as possible and enjoy it as soon as possible, and on the other hand, there are people who want to buy it and then sell it to make a profit. It is not surprising that 80,000 cars were sold out in seconds.

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