My Fintech Empire

Chapter 1656 [Rising to the point where Wu Zetian was left as a widow - Li Zhi lost his reason! ]

About 3 minutes later, at around 9:16, the major market software pushed the message again:

[The increase of the SGX 50 Index expanded to +14.69%, hitting the daily limit, and the index continued to rise above the daily limit, setting a new record for the largest single-day increase in history. The current transaction volume of the SGX market exceeded 650 billion]

The SGX 50 Index rose by +13.57% on the last trading day and hit the daily limit, and today the daily limit was extended to +14.69%. The reason for this is that during the two consecutive trading days of surge, the suspended Matrix Quantum and Xingyu Technology's stock prices remained unchanged, but the other 48 stocks were all soaring.

According to the calculation method of the New Certificate 50 Index, the market value weight ratio of the suspended Xingyu Technology and Matrix Quantum has decreased. Although the market value of these two stocks has not changed, the market value of the other 48 constituent stocks has skyrocketed, and the weight ratio has increased. On the contrary, the weight of the two suspended "big and small kings" has been diluted.

So today's New Certificate 50 Index also rose by the limit, but the actual increase exceeded the previous trading day.

The entire market has entered an unprecedented boiling situation.

[It has risen crazy, really crazy! ]

[It has risen to the point that Wu Zetian is a widow - she has lost Li Zhi (rationality)! ]

[All technical indicators have become invalid, what KDJ dead cross, what moving average short arrangement, what 5-day, 10-day, 20-day moving average pressure level, in the face of absolute buying, everything is unstoppable and unstoppable. ]

[It's so painful! I have never felt so painful in my life. I feel that I have lost decades of my life without feeling so painful. I sold at 8335 points, and missed the opportunity. It hurts, it hurts so much. These three big positive lines gave me heartache and heartbreak. ]

[The pain of missing the opportunity is 10,000 times stronger than being stuck. Only those who missed the opportunity know it very well. ]

[I thought there would be a disagreement today? I waited for the disagreement to intervene, but it turned out to be even more fierce than the previous day? I hesitated like this, and now I have no chance to get on the train. It is really a shitty market. ]

[This market is really a case of the quick hand getting the slow hand. ]

[I have been trading stocks for half my life and have never seen such a crazy market. ]

[All the daily limit boards in the entire market, more than 5 trillion yuan of blocked funds, there is no chance to get on the train if you don’t bid. It is really outrageous. Is 5 trillion yuan a happy bean? ]

[The price has gone up so much that my family members are dizzy... (stars in the eyes.jpg)]

[Alas, this kind of price increase is too cruel to those of us who have cleared our positions and are waiting to see what happens. It's like a blow to the head, and we are stunned. There is no correction for a day, even if it is a correction for a day, or even if it is a correction for ten minutes during the trading session, it will give us who have cleared our positions and missed out on the opportunity to get on board! Am I the only one who is timid and hasn't rushed in yet? ]

[Now even if you want to rush in, you can't, there is no order at all, the holders don't sell, they are reluctant to sell and wait for the price to rise, this volume may fall below one trillion today. ]

[When stocks can make money, you can't even buy stocks - SGX (manual funny)]

[I didn't expect this joke to become a reality one day... (covering face.jpg)]

[I don't understand how there can be a trillion volume in such a market? Who is selling this trillion volume? Are you stupid? You are really stupid! ]

[In fact, it is not wrong to sell, because no one has ever seen such a crazy scene, and holding the chips is also a panic. ]

[I think someone got the tickets in the front row, sold them when the price reached the daily limit, and then freed up funds to buy the tickets in the back row that did not reach the daily limit, and then took advantage of the T+0 arbitrage opportunity, so they could make more money, even more than 30 or 40 points. Look at those tickets that opened the daily limit in the morning. Logically speaking, there should not be such a large volume with such a strong order, and they must be holding stocks for the rise. ]

[That's right, the current SGX market is a money-making market. As long as you are a little brave, you can pick up money by bending down in the back row. ]

[Fuck, I just realized it, and I saw that the price in the back row had already risen. I instantly felt that I lost 10 points. ]

[It's outrageous. The market soared more than 37 points in three days. ]

[I thought the bears were fierce enough after the five consecutive negatives, but I didn't expect the bulls to be even more brutal. The three consecutive positives directly reversed the five consecutive negatives and broke through the secondary high. The three consecutive positives directly ate up all the gaps that opened lower. It was too brutal. ]

[The rise will make you dizzy... (Shiba Inu.jpg)]

[I should say it or not, I risked my life to buy the bottom at 8350 points. Now I can't stop feeling dizzy when I look at my account! Haha! ]

…

The crowd in the market was unprecedented, and I felt dizzy. The news outside the market was hotly searched, and almost everyone knew about it. Many people who didn't trade stocks knew about it, and even began to ask those who traded around them how to buy stocks.

Economists were all stunned, exclaiming that this kind of rise seriously violated the laws of economics!

Analysts were all stunned, exclaiming that this kind of rise seriously deviated from the laws of the market!

Researchers were all stunned, exclaiming that the survey results showed that funds were not going to flow out?

The foreign investors in the north and south were all stunned, exclaiming that we have already entered a bear market cycle?

The technical players were all stunned, exclaiming that they had never seen such a violent V-opening at the bottom!

From the recent 10 daily candlestick charts of the New Securities 50 Index, after the five consecutive negative lines on the left side exploded, the three consecutive positive lines on the right side violently forced the short position and pulled up, forming a super steep, super deep, super deep V chart. There was no rebound when the left side plummeted, and no one stepped back when the right side soared.

This trend chart, this historical pattern, has never appeared in history. Such a super deep V golden pit pattern, let alone ten years, may not be seen once in thirty years.

Many people said that they were completely enlightened. They had never seen such a rise.

The SGX market once again staged the script of "going off work" in advance before the two markets next door had finished solving the problem, because before 9:20, the index reached the limit, and the tickets in the back row also rose, a few minutes earlier than the last time.

If the previous limit of the New Securities 50 Index confused everyone, then today's index-level limit-up big positive line completely activated the emotions of the entire market, and it has gradually changed from the initial confusion and unbelievable to losing reason.

In this unprecedented crazy market, almost no one can sit still.

The current situation is that the holders have made a lot of money, while those who missed out are angry. Missing out is an epic and serious missed out. They can't buy it, they can't buy it at all, they are anxious and angry.

At present, this unprecedented crazy market is too high, and many people can't accept the fact that they missed out, so they turn around and go to the two neighboring markets.

Today, the regular trading volume of the SGX market after the new trading rules can reach more than 1.5 trillion per day, and it can easily reach 1.8 trillion from time to time.

But now the market is seriously shrinking, and the trillions of funds in the off-site market are staring blankly, with money but no chips to change.

If the stocks that opened at the daily limit in the SGX market in the morning are the front row, then the SGX itself is the front row of the A-share market, and the two neighboring markets are the back row. People who can't buy the front row stocks in the SGX market turn around and buy the back row stocks.

Well, now that the front row of the big A-shares in the SGX market is no longer available, we can only buy the back row in the two neighboring markets.

So the Shanghai and Shenzhen markets next door opened higher again today, with the Shanghai Composite Index rising more than 5 percentage points at the opening, returning to the 3,000-point mark. Two trading days ago, the Shanghai Composite Index was still around 2,700 points, and it returned to above 3,000 points in two days.

The securities sector was bought up by funds, and the sector staged a daily limit surge. The sector index rose to the daily limit within an hour of opening, and other stocks with capacity, especially those that were still oversold, were also bought up by funds.

Obviously, many funds that were originally active in the SGX market, because they could not buy tickets in this market and were unwilling to miss the market, flowed to the Shanghai and Shenzhen markets next door to buy crazily.

This also directly triggered a comprehensive rise in the three major A-share trading markets, with more than 7,000 stocks in the market, and more than 6,800 stocks were all in the red.

Liquidity has exploded, and OTC funds are still rushing in. The number of people opening accounts at major brokerage firms has soared, and investors are also frantically subscribing to funds. Fund managers will have to use this money to buy tickets, which is another huge amount of OTC incremental funds.

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