My Fintech Empire

The positive role of the SGX market in stimulating consumption has begun to appear in the second half of 2018. To put it bluntly, the SGX market has enabled the vast majority of retail investors to turn a loss-making situation into a profit.

There was no driving effect on physical consumption before 2018 because the SGX market was not large at that time and the vast majority of retail investors were trapped in the two markets next door.

At that time, many people were envious of the skyrocketing NSE 50 Index, but they were afraid of buying at the top of the universe due to their fear of heights.

Because of this, in the two years from the opening of the SGX market in 2016 to 2017, the vast majority of retail investors mainly stayed on the sidelines and watched.

It was not until 2018 that a big change began. After being shorted by the NSE 50 Index for two years, thousands of retail investors finally couldn't bear it and started to switch to the SGX market, and bought the NSE 50 ETF one after another. I just live in fear of rising prices every day.

This market has allowed more than 70% of investors to make profits. Retail investors have made money, and the stimulus effect on consumption has begun to show.

First of all, make money. Don’t worry about how much you make. Making money means not losing money. This alone is a big deal. If you lose money, you will definitely have to reduce your consumption expenditure from other places. I originally wanted to buy a new computer, a new mobile phone, All the budget for the new car was "spent" in the stock market.

And it’s even more remarkable that we didn’t lose money and even made money. Not only did we not reduce consumption expenditure from other places, but we even expanded it. I originally planned to upgrade to a Xiaomi phone worth RMB 3,000 to RMB 3,000, so I upgraded without hesitation. It’s also a complete set if you buy a STAR headset on a budget.

Data shows that the SGX market directly or indirectly stimulated at least 5 trillion in growth in 2019 in terms of stimulating consumption.

In other words, if no investors in the SGX market make money in 2019, then the total consumption this year will only be about 45 trillion, an increase of only 3 trillion from last year’s 42 trillion, and the year-on-year growth rate will have to be from 19% dropped to about 7.15%.

It can be seen that the SGX market has greatly boosted the consumption horse carriage, which has played a decisive role in the macro economy.

This year, the country’s total consumption exceeded the 50 trillion mark, with per capita consumption around 35,000 yuan, contributing 67% to economic growth and boosting national GDP growth to an astonishing 5.3 percentage points.

These macro data indicators are neither eye-catching nor shocking.

Facts have proven that whether it is in the form of increasing wages or increasing property income, increasing the income of the general public is the first core engine that drives consumption and economic growth.

This year, the relevant parties have never mentioned the words "stimulating consumption" or "boosting consumption". They have not appeared in various documents. Someone has made statistics, and it really has not happened once.

Is this just used to stimulate consumption? Still need to boost consumption? There is even some consumption that is obviously overheated, and relevant parties are even considering whether to curb it. After all, overheating is not good.

But at this moment, Tian Jiayi is continuing to report another economic data: "In addition, according to the conclusion drawn from the internal data analysis of our Qunxing Group, the national GDP in 2019 is expected to exceed 135 trillion yuan, compared with 121.7 trillion yuan in 2018. The net increase was 13.3 trillion, with a year-on-year growth rate of 10.93%.”

Tian Jiayi added: "Since the end of double-digit growth in 2010, it has shown double-digit ultra-high growth rates for two consecutive years, and it has increased by 0.31 percentage points from 10.62% in 2018."

When Fang Hong heard these data, he couldn't help but search the GDP data in 2019 for the same period in the previous life for comparison.

In the previous generation, the national GDP in 2019 was 98.65 trillion, which had not even exceeded the one-hundred-billion mark. However, in this generation, the scale of GDP in 2019 has directly reached 135 trillion, which is 36.35 trillion more than in 2019 in the previous generation. huge.

Undoubtedly, the most direct reason is the rise of Qunxing. It has been 11 years since Qunxing was established. The impact of Qunxing Group on the macro economy before 2016 cannot be underestimated, but at that time it was not said to be able to affect the entire industry. Macroeconomic market.

Starting from 2016, this year was an extremely critical turning point. Starting from 2016, the impact of the galaxies on the entire macroeconomic market soared rapidly, and it became better and better every year.

A landmark event was the official opening of the SGX market that year. Since then, the influence of the galaxies on the entire macroeconomic market has soared like the SGX 50 Index, showing a strengthening trend of positive feedback.

The more than 1,800 companies currently listed on the SGX market are basically a collection of business cards representing the transformation and upgrading of the technology industry in this large Eastern country, and have achieved a series of successes.

Fang Hong murmured to himself: "135 trillion. If there were no variables like the stars, according to the development trajectory of the previous life, this number would not be reached until 2025."

In other words, a full 5 years ahead of schedule.

It is no exaggeration to say that the current Dongda University really has the confidence to single-handedly challenge everyone present on the surface of Blue Star. This is really no exaggeration at all.

Originally, according to Fang Hong's development trajectory in his previous life, by the time point of 2019, his internal strength would have been extremely powerful. However, due to the variable of the Qunxing Group, the comprehensive national strength of Dongda has been ahead of the world for a full 5 years on this basis, which is quite terrifying.

At the end, Fang Hong was in a good mood and asked immediately: "Have the results of the economic data evaluation of Lao Mei come out?"

Tian Jiayi replied: "They came out together. The analysis reports of major global economies have all come out, but I didn't bring the materials back. I called the company to fax a copy."

Hearing this, Fang Hong stopped and said: "No need, just announce it directly to the public, and it will be released tonight."

Hearing this, Tian Jiayi nodded: "Okay."

...

At about 20:30 that evening, the Qunxing Group released a "2019 Global Macroeconomic Analysis Report" to the public. Once it was released, it was quoted and reported by major media, and various financial self-media reprinted it.

Qunxing has issued similar reports for three consecutive years. This is a one-sided opinion, but it is extremely valuable and authoritative. The previous two reports are almost the same as the data released by various countries, which also demonstrates the high professionalism of Qunxing Group.

This report was released and it really shocked the world.

According to the data given in the report, the national GDP in 2019 was about 135 trillion yuan, a year-on-year increase of 10.93%. The per capita GDP was about 95,700 yuan/person, and the per capita GDP growth rate was 10.60%, of which the primary industry accounted for 10.14%, the secondary industry accounted for 37.59%, and the tertiary industry accounted for 52.27%.

In addition, the report also analyzed and evaluated the top five economies in the world.

The first place is América, which gave a GDP data of 21.39 trillion US dollars in 2019; the second place is Dongda, which is equivalent to about 19.39 trillion US dollars; the third place is Xiaorizi, which gave a data of 5.11 trillion US dollars; the fourth place is Xiaodezi, which gave a data of 3.88 trillion US dollars; the fifth place is Xiaoyingzi, which gave a data of 2.85 trillion US dollars.

The report shows that the total value of global GDP in 2019 gave an assessment value of 92 trillion US dollars. Dongda alone accounted for 21.07% of the global total, América accounted for 23.25% of the global total, and the world's first and second largest economies accounted for 44.32% of the world, which is basically half of the share.

The most shocking and the most frightening thing about this data is that the gap between the Eastern powers and América has narrowed sharply. Dongda's GDP accounts for 90.65% of América's. The gap between the two has historically narrowed from double digits to single digits, and the difference is already within 10%.

There is no denying that the GDP of both sides is somewhat inflated, but there is also one thing that is undeniable, that is, the GDP of América is much more inflated than that of the Eastern Power, and América has also modified various indicators for calculating GDP, so you can imagine how much inflated it is.

If the inflated GDP of both sides is squeezed out, then the Eastern Power would have surpassed it as early as 2018.

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