My Fintech Empire

As the Eastern Hemisphere enters daylight, it is Friday, December 13.

This morning, the A-share market opened as scheduled, and the three major stock indexes collectively opened higher and then fluctuated upward.

At around 10 am, the SGX 50 Index rose by +1.45%. The index point not only reached a new historical high, but also broke through the 6,000-point mark in one fell swoop, entering the 6,000-point era for the first time.

From the perspective of sectors, domestic software and IT services led the three major trading markets, and super large-cap stocks such as Xingyu Technology and Matrix Quantum also rose by more than 3 percentage points.

Yesterday's blue screen storm gave a strong assist to the domestic software sector.

Data shows that foreign capital is once again swarming in today, and continues to be strategically bullish on the A-share market. However, more than 90% of foreign capital has entered the SGX market, and the two neighboring cities have also benefited more or less and received some capital inflows.

Now more and more international institutions are reducing their holdings in emerging markets, but they are only bullish on the SGX 50 Index.

Global capital and investors have been paying close attention to the recent events caused by Tik-Tok. Anyone with a discerning eye can see that Dongda has the upper hand, and it has the upper hand with its leading technological advantages.

As a result, global investors are reducing their holdings in the technology giants of North America and increasing their holdings in the technology giants of Dongda such as Matrix Quantum and Xingyu Technology in the SGX market.

In addition, the continued increase in the proportion of domestic pension funds entering the market is also good news for the stock market.

However, these are actually secondary factors. The core factor that really drives the market up is that more and more large institutions have clearly felt that in the future, there is a high probability that they will usher in an era of flooding liquidity.

To put it bluntly, the intensity of printing money will continue to increase, mainly due to the expectations of Amerikar. Everyone knows how big the bubble of the North America stock market is. Originally, as long as Dongda is harvested, the bubble of the North America stock market can be filled.

But Amerikar failed. No matter how much other markets are harvested, the volume is too small after all, and it cannot fill the huge bubble of the North America stock market.

In this case, if Amerikar wants to maintain its own stock market support and continue to rise and maintain the bull market trend, it can only print US dollars. No matter whether it is raising or lowering interest rates, magnesium stocks will rise.

Now many countries have continued to cut interest rates. Old magnesium has cut interest rates three times this year. Under this background, the domestic voices for the expectation of interest rate cuts are also one after another, and various institutions in the capital market generally predict that the probability of domestic interest rate cuts is also increasing.

With the expectation of interest rate cuts, the actual implementation will fully release liquidity and benefit the capital market.

On the market, the entry of off-site funds is also very obvious, and the market risk preference has obviously warmed up.

Since entering December, the Xinzheng 50 Index has stopped falling and turned upward. The previous small positive lines have continued to rise. Today, it tried to hit the previous high for the third time, and finally easily broke through the 5800-5950 point fluctuation range, and stood on the 6000 point mark in one fell swoop.

In the afternoon, the market continued to strengthen. Not only did the New Securities 50 Index strengthen, but the big financial sectors in the two cities next door also rose across the board, pushing the Shanghai and Shenzhen stock indexes to strengthen.

As of the close, the New Securities 50 Index rose +2.23% to 6047.78 points; the Shanghai Composite Index rose +1.78% to 2967.68 points; the Shenzhen Component Index rose +1.71% to 10004.62 points.

The three major trading markets had a total turnover of 1618.5 billion, of which the SGX market once again entered the trillion-dollar market, with a total turnover of 1052.9 billion throughout the day.

…

After the weekend, in the next two trading days, the New Securities 50 Index, which broke through the shock range and entered the 6000-point era, continued its strong bull market and went out of three consecutive positive markets.

On Monday, December 16, the New Securities 50 Index accounted for +0.69% for the first time, closing at 6089.81 points.

On the next day, Tuesday, it rose again by +1.84%. After easily reaching the 6100-point mark that morning, it successfully reached the 6200-point mark at around 13:00 in the afternoon. The intraday high reached a historical high of 6217.05 points, and finally closed at 6201.75 points.

The turnover of the SGX market on Tuesday also increased significantly to 1.27 trillion, and the Shanghai Composite Index also returned to the long-lost 3000-point mark today.

The 160 million shareholders of the A-share market saw the trend of these two indexes, and many people sighed and felt deeply.

Four years ago, on January 4, 2016, the SGX market opened for trading. At that time, the Shanghai Composite Index was above 3500 points, and the SGX 50 Index opened for trading with an initial value of 1000 points.

Today, the Shanghai Composite Index has just returned to the 3000-point mark, but the SGX 50 Index has risen from 1000 points to the current 6000 points in four years.

Now even many stockholders feel that since they bought the Xinzheng 50 Index, they feel that Buffett is just like this.

The investment return rate of the Xinzheng 50 Index completely beats Buffett's income, and a number of overseas investment institutions are also completely beaten.

In 2016, the Xinzheng 50 Index closed at 1983.95 points, with a year-on-year increase of +98.39%; in 2017, it closed at 2907.91 points, with a year-on-year increase of +46.57%; in 2018, it closed at 4260.80 points, with a year-on-year increase of +46.52%.

As of the latest closing price in 2019, the cumulative increase of the New Securities 50 Index this year has reached +45.55%, and there are still 10 trading days before the end of this year, and the annual line increase is entirely possible to expand further.

…

Just in the past few days when the New Securities 50 Index has continuously set new highs, the game in the public opinion field has become more intense.

In the past two days, a questioning point raised by a well-known scholar in the academic community has detonated the public opinion field. This scholar publicly questioned in a column that the great sage Aristotle in ancient times may not exist.

He raised three questioning points.

The first question point is that this person has never been mentioned before the 13th century. It seems that he suddenly appeared, and there is no historical document to support it. Moreover, there is a blank area of ​​thousands of years after Aristotle.

The second question point is that this sage is almost omniscient and knows everything. He knows everything about politics, economics, mathematics, culture, literature, art, astronomy and geography. Is this still a human being? This should be a god.

The third question point is that Aristotle wrote more than 10 million words in his lifetime, and more than 3 million words were eventually handed down. The scholars who raised the question believed that this was even more impossible. There was no papermaking at that time, and the West only had parchment. Even if all the parchment produced in the entire Mediterranean region of Europe in 100 years was used to write for him, it would not be enough to carry the volume of 10 million words.

Based on these three logical viewpoints, the scholar questioned that Aristotle did not exist in real history, but was a forged fictional character.

Good guy, this immediately exploded on the entire Internet, and a group of Western history believers and public intellectuals collectively broke their defenses. There was no reaction from the European and American sides, but these people were the first to respond.

Now the Internet is super lively, and the battle of tearing is extremely fierce.

[Isn’t it that you are talking about questioning spirit and not superstitious about authority all the time? Why do you break your defense instantly when the professor questions it? ]

[Ordinary people debate with Western history believers, and they will say that we are folk scientists. ]

[One of the problems of believers of Western history is that they cannot tolerate doubt. ]

[To prove whether this person exists or not, you need to provide convincing evidence and historical materials. Galileo's questioning of Aristotle's free fall was also supported by a large number of authoritative figures at the time, so Galileo's bold questioning and careful verification of scientific prudence are even more valuable. ]

[It does not mean that this person does not exist, but the existing cultural relics and documents are not enough to verify his existence, so it is doubtful. It is understandable that they take the doubtful things as history, but for us outsiders, if we believe in them unswervingly, it seems too brainless. ]

[Yes, now there is a group of people who will immediately accuse you of anti-intellectualism if you raise some doubts about foreign views. ]

[Then how do you prove that Confucius existed? ]

[Happy. Go and search for the Analects and Confucius portraits and other physical cultural relics unearthed by archaeological excavations in my country, and the cultural relics that are as recent as one or two hundred years from the original owner, almost from the same era. You don’t know the things of your ancestors, but you believe in foreign stories without a doubt. This is just like forgetting your ancestors. ]

[The one who said that Confucius existed earlier, I think you really don’t know what orderly inheritance means. There are manuscripts in every era, interpretations by various readers, and even refutations of different views.

Go and search for the so-called works of the ancients. They claim that the earliest discovery is the Arabic version of the 8th century. After more than a thousand years, even the Arabic version has been lost. The earliest surviving ones are basically around the 15th century. There is a difference of two thousand years. Who knows if it is forged?

In addition, the astronomical and astrological phenomena recorded in ancient Chinese books can be traced back, and there are modern astronomical observations to verify, which is enough to prove the accuracy of Chinese historical documents, so don’t change the concept, just study hard. ]

[A little-known fact: Ancient Chinese records show that Halley's Comet returned 29 times. For example, the Spring and Autumn Annals recorded the Halley's Comet incident in 613 BC. Another example is the Records of the Grand Historian: The Chronicle of Qin Shi Huang, which also recorded in detail the appearance of Halley's Comet in the seventh year of Qin Shi Huang, showing the year, month, day and position, which is consistent with the reverse calculations of modern scientists. ]

[Treat Chinese history: You must think independently, have a spirit of reflection, and have a spirit of questioning. Treat Western history: God says what it is, and the big germs are really disgusting! ]

[Haha, Western history believers and Western historians are very strict with our Chinese history. There must be physical evidence. They do not recognize the Xia Dynasty. As for themselves, they are so double-standard. ]

[Just a simple question is more uncomfortable than digging up their ancestors' graves. Even questioning is not allowed. ]

……