My Fintech Empire

Chapter 993 [Market fluctuations further amplify]

On the same day, Microsoft officially announced a project to launch its own subscription platform.

There are also rumors in the market that Microsoft has realized that it has lagged behind game boxes in grabbing game content, and it wants to speed up the integration of game content, and has listed a list of 100 large and small game companies with acquisition intentions.

This list includes companies such as Sega, Capcom, Square Enix, EA, and even Valve.

When this rumor spread, it also caused a stir in the gaming industry.

There are even rumors flying around that even Disney is coming to join in the fun. It is said that Disney wants to buy EA, but the news has not been confirmed.

Microsoft's follow-up is also a big event for the industry. It makes practitioners in the global game industry clearly feel that the giants are about to compete head-on. The integration of the game market will definitely usher in an accelerated stage. Next, the game industry will definitely There have been reports of a large number of third-party developers being acquired by super giants.

For many third-party game developers, the future is full of uncertainty, and gods are beginning to fight over each other. Whoever a third-party game developer is willing to sell themselves to is equivalent to choosing a side.

If you are unwilling to sell and want to remain independent, this road may be more difficult. How can those super giants allow you to live alone?

But for some entrepreneurial game companies, they are happy to see this situation. As the saying goes, if you are barefoot and not afraid of wearing shoes, gods fight and the situation is chaotic, these entrepreneurial companies will have more opportunities to rise than usual.

No, the Game Box platform will launch a support plan, spending US$500 million every year to support new game companies.

The May Day holiday is over, and on May 4th, the A-share market ushered in the first trading day after the holiday.

The market prices in the two cities bottomed out and rebounded in the morning, with the market index closing up +0.87% on the day.

In terms of individual stocks, the post-holiday market performance of quantitative capital is particularly worth mentioning. This stock went beyond the daily limit today, achieved a reverse package and reached a new historical high. The stock price rose to 700.16 yuan, and the market value reached 978.8 billion yuan. It's just shy of a trillion-dollar market capitalization.

The performance on the first day after the holiday made many investors believe that the market adjustment is over, and Big A should start to hit 4,500 points and embark on a new round of index-level main rise.

But the next day, the A-share market plummeted. The Shanghai Stock Exchange Index fell sharply by -4.06% that day. Then it continued to fall sharply on Wednesday and Thursday, with the market index falling by -1.62% and -2.77% respectively. , the Shanghai Stock Exchange Index also went directly from around 4500 points to 4112.21 points.

These three consecutive negative lines were very destructive. Many enthusiastic investors were also stunned. They were eating hot pot, singing songs, and preparing to buy houses and cars, when the stocks suddenly plummeted.

The “culprit” for this round of consecutive declines is the short-term liquidity crisis caused by intensive new share issuances. Next is the issuance of 25 new stocks represented by WeChat, Guotai Junan, and Zhongguo Nuclear Power. By then, more than 8 trillion in subscription funds in the market may be locked, setting a new record for frozen funds for new stock subscriptions.

The resulting early blood loss in the market is the direct reason for the continuous explosion of the market in these three days.

In addition, there are also some psychological factors. The "May 30" plunge in 2007 has left a lingering shadow in the hearts of investors. The recent plunge is actually more driven by people's fear.

The stocks that have fallen the most in the past three days are precisely the two stocks that have been booming recently, namely Quantitative Capital and Toutiao.

After quantitative capital hit the daily limit on the first trading day after the holiday, instead of hitting new highs and sprinting towards the trillion-dollar market capitalization mark, the subsequent market followed the market and plummeted. When the market index hit three consecutive kills, quantitative capital exploded three times in a row. Damn it, it has gone straight out of the triple limit in the past three days.

The company's stock price also fell from 700.16 to 510.42, a drop of more than 27 percentage points, and more than 260 billion was evaporated in three days.

Today's Toutiao, the most popular leader in the universe and the king of connected boards, has also become a sibling. It also broke the limit of three consecutive boards. The stock price fell to 78.08 yuan, and the market value fell below the 100 billion mark, falling back to 97.6 billion yuan. .

In fact, Toutiao fell even more miserably. When quantitative capital reversed the price limit, Toutiao became weaker and weaker. The current historical high price is 129.73 yuan, corresponding to a market value of 162.1 billion. The three-day limit has reached a new low in recent times. It has dropped nearly 40 percentage points from its highest point.

Some people who followed Toutiao today said they felt comfortable, and felt an inexplicable secret feeling in their hearts.

There were also constant whining and quarreling in the comment section.

Even for big bull stocks like Toutiao, there are still people who are losing money, especially in the past three days. Fortunately among the misfortunes, the three consecutive board drops do not mean a one-word limit drop, and there are opportunities every day. Cut off the positions and cut off the meat.

Now that investors see the trend of Toutiao today, they all feel that this ticket is going to be doomed, because the current K-line pattern is showing an A-killing trend.

And the current comments in stock forums are all bearish, saying that the carnival is over and those who took the last hit will have to pay the bill.

It is not surprising that there is such a unanimous view. This stock has surged to more than 160 billion. Everyone thinks it is the result of crazy speculation. In fact, Toutiao is not worth this price at all.

There is no telling the top when it rises, and there is no telling the bottom when it falls. Now the tide has receded, and all the mud and sand have fallen.

But just when everyone decided to push Toutiao from the IUC intensive care unit to the morgue, a filthy reincarnation was staged at the opening of trading on Friday, May 8.

It's alive again!

The A-share market opened on the last trading day of this week, and the market index rebounded strongly by +2.28% to close at 4205.92 points.

Today's Toutiao, which had hit its daily limit on three consecutive boards, went back to its daily limit today. The stock price rose to 85.89 yuan, and the market value returned to the 100 billion mark, reaching 107.3 billion.

This makes the people who cut off their positions yesterday cry and faint. They can only comfort themselves by insisting that this is just a counterattack on the eve of the plunge. The main force will deceive another wave of people who come in to grab the rebound. The real cut in half and then cut in half will explode behind. .

Quantitative Capital, which has also hit its daily limit on three consecutive boards and is extremely popular and is already a super large-cap stock, also stopped falling and rebounded today. However, it was not as strong as Toutiao today. Today it closed the Zhongyang line, up +4.94%, and the stock price rebounded. At 535.64 yuan/share, the market value rose to 748.8 billion.

After the weekend weekend, in the new week, the market trend of the A-share market surprised those who were bearish on the market outlook. The market opened on Monday and rebounded again, and the strength was even stronger.

The Shanghai Stock Exchange Index rose sharply by +3.04% today on heavy volume, closing at 4333.58 points, and the closing price was bald, and the two cities showed a general upward trend.

In terms of individual stocks, Toutiao and Quantitative Capital, two extremely popular stocks, both hit their daily limits today.

Then on Tuesday, the market continued to rise, and the Shanghai Stock Index further increased its volume, rising 1.56% again that day, closing at 4401.22 points.

Last Thursday, the market was bearish and believed that the 4,000 points of the Shanghai Composite Index could not be maintained. No one expected that in the next three days, it would surge by 300 points and directly regain the 4,400 point mark, basically reversing the previous three positive lines.

When investors took a look at the trend in recent days, the K-line pattern showed a large V-shaped pit. Many people called it a short trap, and those who handed over their chips exclaimed that they had been cheated.

In terms of individual stocks, the quantitative capital that hit the daily limit yesterday failed to get out of the second board today, but it still rose sharply by +6.38%. The stock price rebounded to 626.77 yuan, and the market value rose to 876.2 billion.

The most popular Toutiao once again gained a daily limit, achieving its three-day daily limit. The stock price rebounded to 103.93 yuan, and the market value rose to 130 billion.

After the lower limit of the third board, there was a seamless transition to the higher limit of the third board. This made the people who took advantage of the lower limit of the third board last Thursday so angry that they slapped their thighs. The popular leader became an infuriating leader in their eyes.

...(End of chapter)

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