My Fintech Empire

Chapter 1623 [Recorded in History]

December 25, 2020 is a day of extraordinary significance and is destined to be recorded in the history of A-shares. The NSE 50 Index historically reached the 10,000-point mark on this day.

It has been five years since the SGX market opened on January 4, 2016. It has maintained a bull market for five years, becoming the longest bull market cycle in the history of A-shares, and it is still in a bull market. , still continuing to set records.

This time around the transformation and upgrading of the technology industry, Qunxing Group will definitely leave a significant mark in it, and the name Fang Hong is absolutely unavoidable.

It is precisely because Fang Hong spared no effort to promote the birth of the SGX market, and allowed Qunxing Group to provide huge financing support, super-strong support, and super-large-scale investment for the transformation and upgrading of the technology industry.

Then, high-quality technology companies that have successfully transformed have been listed on the SGX market. The SGX 50 index has experienced a five-year growth period five years after its birth, allowing 160 million domestic shareholders to enjoy the benefits brought about by the transformation and upgrading of the technology industry through the SGX market. Dividends of the times.

Behind these 160 million investors are countless families, which directly or indirectly affect the lives of hundreds of millions of people. The absolute majority of more than 70% of these 160 million retail investors are no longer leeks in the stock market, but have obtained generous returns in the stock market. This This is true inclusiveness.

It is obvious that most people have benefited to varying degrees from the dividends of the times brought about by the transformation and upgrading of the technology industry.

The consumption vitality in Greater China does not need to be actively stimulated at all. Instead, it is so strong that relevant parties are often worried about economic overheating.

Tongtai Max announced that in one weekend, it could only produce millions of orders in two days. This is the current consumption power of the Greater China market. This is the current economic situation of the big Eastern country. There is no need to be cautious about saying that it is stable. To be good is to be a good thing for Nima.

When the economic growth rate returns to the double-digit era, any contradiction will no longer be a contradiction, and everyone will be focused on the future.

As of the close of trading, the SGX 50 Index rose 2.53% to 10018.76 points. The SGX market's trading volume reached 1.72 trillion today.

Shortly after the market opened, keywords such as "the NSE 50 index exceeded 10,000 points" and "the stock market exceeded 10,000 points" were on the Internet hot list, and various media were also reporting on it. By the 7 o'clock simulcast news, It took 1 minute and 7 seconds to report this matter.

"How much of the more than 5 trillion yuan in market capital is left?" At this moment, Fang Hong was watching the news. At this moment, he was reporting on the news that the New Securities 50 Index in the stock market had exceeded the 10,000-point mark.

After a while, Tian Jiayi made a phone call and replied to Fang Hong: "I just asked, there is still about 800 billion in liquidity left."

Hearing this, Fang Hong nodded and said: "Stay stable for the next two days. If necessary, you can spend 300 billion yuan to enter the market and go long, and then continue to pull up."

Because it was highlighted on the 7 o'clock news tonight. When this happens in the stock market, everyone starts talking about stocks, and funds will take this opportunity to withdraw, thinking it is a signal of peaking.

Such expectations exist, and many people regard this situation as an important indicator for judging the trend.

And Fang Hong’s goal is not to let the NSE 50 Index touch the 10,000-point mark and then fall down. It not only needs to break through 10,000 points, but also to make the NSE 50 Index stand firmly at 10,000 points.

Fang Hong added: “After the new year, continue to use about one and a half months to further increase, leaving enough room for the inevitable drop later, and ensure that this round of correction does not fall below 10,000 points. We must support this position. ”

According to the original plan, after the start of the new year, there will be news about the launch of three new indexes and a large number of ETFs. By then, the NSE 50 Index will inevitably have a downward adjustment.

Because one of the purposes of the new round of reforms in the SGX market is to divert funds from the SGX 50 Index and super large-cap stocks, it will be negative for the SGX 50 Index in the short term.

Fang Hong's strategy is also very simple and clear. After the NSE 50 index breaks through 10,000 points, it will further increase the gain for a period of time, and then let out the news, and the market will adjust downward again, which will increase a certain height of space in advance, and it will also increase during the correction. It can give strong support to the 10,000-point mark in terms of trend shape.

Tian Jiayi said at this time: "If the price rises for another month and a half after the new year, the liquidity currently prepared may not be enough."

Fang Hongyan said succinctly and comprehensively: "If it's not enough, let those market makers support it. If it doesn't work, Xingyu Technology and Matrix Quantum can suspend trading."

The entire plan has been clearly arranged by Fang Hong. These two big guys have announced that they will enter into spin-off and reorganization, but they have not suspended trading yet, just to see how the next round of phased adjustments will go.

If the decline is too severe, then the trading of the two super big guys will be suspended. These two stocks account for nearly half of the weight of the NSE 50 Index.

As soon as Xingyu Technology and Matrix Quantum are suspended from trading, the downward pressure on the New Securities 50 Index will drop sharply, and then other listed companies in the galaxy such as Jiuzhou Blue Arrow, WeChat, Yixing Video, Jiutianxing.com, etc. will begin to rise, especially Those heavyweight stocks that had previously been suppressed from rising should be allowed to recover and realize their gains at this time.

In this way, the market index can be stabilized during this period, and the two big players who have been suspended from trading will have much less pressure when the six companies are split and resume trading, and will not destroy the bullish trend of the entire market.

In the coming days, the A-share market will have the last four trading days before 2020 comes to an end, and it has already entered the final stage.

After the weekend, on Monday, December 28, the SGX market opened, and the SGX 50 Index opened slightly higher, rising to 10135.20 points during the session, and fell back in the afternoon, but it also remained in the red.

The SGX 50 Index finally closed up +0.40% at 10059.33 points. Today, the full-day trading volume of the SGX market also further increased to 1.85 trillion, second only to the volume of the new regulations on November 9, and the second largest single-day trading volume in history.

The next day, the SGX 50 Index pulled back, with the lowest intraday drop to 10005.99 points, barely holding the 10,000-point mark, and finally closed down -0.37% at 10022.35 points, and the SGX market turnover shrank to 1.52 trillion.

As Fang Hong expected, some funds have indeed withdrawn in the past two days because of the 7 o'clock news, but the expectation management is taking effect. The super main force is protecting the 10,000-point mark from being broken, not even during the trading session.

On Wednesday, December 30, the penultimate trading day of the year, the Xinzheng 50 Index directly went out of the bald head and bare feet Yang, and the super main force once again exerted its strength, the market rose sharply, and once again set a new historical high.

Various funds seemed to have also felt that the mysterious super main force was ambitious, and this round of market breaking through 10,000 points may really be just the beginning.

Anyway, some of the funds that had been withdrawn before have now begun to flow back. Many short-term hot money adheres to the principle of not predicting the top and only following the super main force to conduct strategic market.

Hot money is also a single T+0. If the situation is not right, there will be a chance to withdraw and correct the error and stop loss in time on the same day, so there will be no so much hesitation.

As of the close, the SGX 50 Index hit a new record high, rising 2.35% after hours to 10,257.74 points, and the SGX market transaction volume increased to 1.81 trillion.

……

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