My Fintech Empire
Chapter 1675 [Xingyu Automobile resumes trading]
As soon as everyone heard what the sponsor's father said, the project leader immediately responded: "Okay, let's keep this matter under control for now. I will sort out the information immediately and report it secretly as soon as possible."
Obviously, this is by no means just a major discovery in natural science. Not only will it have a huge impact on mankind in the long run, but in the short term it will have a huge impact on the great Eastern countries in carrying up the banner of "a community with a shared future for mankind". meaning.
This major discovery can deal a heavy blow to the so-called universal values in the West, which is why Fang Hong values it so much.
After the video connection ended, Fang Hong fell into deep thought: "We have to increase investment in the space field."
The confirmation of the discovery of paleontological fossils on Mars is not only a powerful tool to fight for the right to speak and challenge Western universal values, but it also shows that life is not scarce in the universe. Human beings cannot remain trapped in the cradle. Rush out and continuously expand the boundaries of human civilization's existence.
Now that extraterrestrial life has been discovered, there will be much less opposition and resistance to increasing investment in the space field.
Investments in various projects in the space field are huge, and no results can be seen in the short term. It takes a long time to transform the results, and the risks are also extremely high. It is very likely that astronomical amounts of money will be invested in nothing, so it has been There has been a lot of opposition since then.
Now that there are extraterrestrial life endorsements, it can be logically predicted that the possibility of extraterrestrial intelligent civilizations existing in the universe is extremely high, and it is not impossible even to far exceed the level of human civilization on earth. So now we are increasing our attention to the space field. Being invested means being prepared for a rainy day. Anyone who wants to object must take responsibility. If he doesn't dare to take responsibility, he should shut up.
…
As the time approached the end of July, Fang Hong once again turned his attention to the capital market.
Because the NSE Composite Index will be officially launched, the date has been determined. It will be officially launched on Thursday, July 29th. The initial value is 1,000 points, but on the opening day of July 29th, it will open at 15105.08 points. .
The initial value of 1,000 points is calculated back to the day when the SGX market opened on January 4, 2016. All stocks listed on the SGX market in the past five years are put into a basket. According to the established The calculation formula traces back the K-line of the previous day's increase and decrease, and determines the opening point on Thursday, July 29.
Investors can now open the market software and search for "SGX Composite Index" and can already see the K-line historical trend in the past five years, which also reflects the overall performance of the entire SGX market in the past five years.
"Both Xingyu Technology and Matrix Quantum have completed their spin-off and reorganization. When will they be re-listed?" Tian Jiayi reported the matter to Fang Hong at this moment. It has been almost half a year since the two super giants announced their reorganization.
Xingyu Technology was taken out as the parent company, and several of its core businesses were split into four subsidiaries, mainly smartphones, wearable device MIX headsets and new energy vehicle departments, involving other electronic product businesses and chip design It was also spun off and made independent.
Matrix Quantum was also taken out as a parent company and split its core businesses into five subsidiaries, focusing on artificial intelligence, display chips, storage computing business, quantum computing, and superconductors.
"Let Xingyu Auto be listed on the market first, and the following companies will complete the listing within the next five weeks. Let these companies bring the market index out of the current shock box and continue to reach new highs." Fang Hong looked at the materials for a while. Then make a decision.
As early as around February this year, thanks to Fang Hong’s decision last year to enter the stock market reservoir with RMB 7 trillion, the SGX market also rose unilaterally and exceeded the 10,000-point mark at that time, rising all the way to this year’s level. Around February.
Then the Federal Reserve started violently raising interest rates, and the Big Goose and the Ermao started fighting again. In addition, the SGX announced the launch of three major indices and industry ETFs, causing the market to plummet from late February to March.
Both Xingyu Technology and Matrix Quantum also retraced nearly 30 percentage points from their historical highs, then rebounded some and then announced trading suspensions.
Then from the end of April to the beginning of May, the SGX market staged five consecutive violent sales. Xingyu Technology, which had suspended trading early, escaped this explosion, but it also missed the crazy bull market that followed.
Investors holding these two companies are actually very excited now, because the index has not fallen, but has stabilized at a high level, which means that the two companies will definitely make up for the increase after the resumption of trading.
At first, I was worried that my funds would be locked up and I would miss out on the soaring market. Then the index plummeted, and I didn't even get a solid profit from the short market.
Now I am not worried at all, and are patiently waiting for the resumption of trading. When the market index reaches a new historical high and falls back, the lowest it will reach is 13,500 points before it can fall. After the resumption of trading, just wait for the number of boards to fall.
Now many investors who hold positions are thankful that trading has been suspended. Otherwise, the market would have been violently selling five times in a row, selling at floor prices or even cutting off positions if they couldn't bear it. That would have really made them mad.
…
Thursday, July 29th arrived as scheduled.
Xingyu Auto "split" and officially re-listed today. After the separation, Xingyu Auto was valued at 5.57 trillion yuan, equivalent to about 932.9 billion U.S. dollars, directly surpassing Tesla's market value of 820 billion U.S. dollars. The world's largest automobile company by market capitalization.
This is basically no suspense, and it was expected by investors from all walks of life.
And it will soon be far away from Tesla's market value, because the valuation of the re-listing has not yet been compensated. It is basically a relative translation valuation based on the market value level that fell in February and March. Now the market index is around 15,000 points, and it must be compensated.
Sure enough, as soon as the call auction started, Xingyu Automobile was directly hit by a 20-centimeter-level daily limit, and the corresponding market value reached 6.68 trillion, equivalent to 1.12 trillion US dollars.
The daily limit was directly blocked, and the funds on the board were blocked to more than 60 billion. If you get in line, you will make a steady profit.
It is basically impossible for retail investors to get in line. No one will be stupid enough to sell this stock today, because there will be a 100% chance of counting the daily limit later. Unless there is no force majeure and money is urgently needed, it is impossible to sell.
In the next few days, it is very likely that the daily limit will be nearly doubled. This round of compensation will increase the market value to more than 10 trillion, which is also the target price generally predicted by the market.
Today, the first one-line limit with reduced volume was reached. There will definitely be two limits in the next two trading days, and three 20-centimeter-level daily limits are inevitable. On the fourth day, it must rise by at least 10 percentage points, and it is not impossible to even break the fourth limit.
Xingyu Technology opened with a one-line limit, and also pushed the Xinzheng 50 Index, including the Xinzheng Composite Index that opened today, to open higher.
…
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