My fintech empire.

Chapter 1207 [A-share market adds another trillion-dollar market value warrior]

As time goes by, more and more funds will come to their senses, and the value of the gaming industry will need to be re-evaluated. As the super platform of this industry, game boxes should also be re-evaluated.

Bullish funds continued to attack fiercely, and at around 14:66.55 p.m., the share price of Game Box reached 7520 yuan, doubling its intraday gains. The market value soared to a huge billion yuan, and it is still continuing to attack upward.

Investors were stunned by this trend. Judging from the situation, the determination of the bullish funds is about to overflow from the market, and it seems that they are going to push the market value of GameBox to a trillion yuan today.

At this moment, there is indeed a lot of funds, especially big funds, attacking fiercely.

In the early trading session, the price of Game Box rose to around 50 points. Some investors who had won the lottery for the new shares chose to sell them. They thought that a company with such a large market value would not likely rise sharply, and it would be nice to wait for it to fall back and then buy it back to do a big T. Moreover, in this market, individual investors are on T+1, and institutional investors are on T+3.

But what no one expected was that at 11 o'clock, a piece of news caused the stock to surge 80 points. Those who sold at a loss were so upset that their thighs were swollen. Then when the stock price rose to 80 points, another group of people who had won the new share lottery sold it. The good news was a good opportunity to sell.

Unexpectedly, the stock price doubled in the afternoon. Those who sold at a loss felt their thighs swollen, and those who sold at the first 50 points felt their thighs swollen again and again.

As time went by, at around 14:30 p.m., the intraday increase of Game Box soared to +140%, and its market value exceeded 9000 billion, which shocked investors in the capital market. At this moment, there is no sign of a decline, giving people the feeling that it will not stop until the market value reaches 1 trillion today.

At this moment, the transaction volume of Game Box has expanded to a huge amount of more than 190 billion. It can be almost % concluded that it is large funds that are rushing to go long, because there are no small investors in this market, and the smallest fund size is above one million yuan in assets.

Why do big funds dare to attack so frantically? How will they get out? Who can take over? This makes many stockholders puzzled for a while.

In fact, the logic is very simple.

The game box is listed today, but it is 50% certain that this stock will be included in the Xinzheng 50 Index. That is to say, it will definitely be included in the Xinzheng Index in half a year. Big funds are investing heavily at this time and will exit after half a year. It's that simple.

The stock price has been pushed up now, and we just need to keep it stable. After half a year, when it is included in the NSCE 50 Index and the index passively holds the stock, large funds can withdraw.

It is precisely because of this that big funds dare to attack aggressively and dare to support the market and stabilize stock prices.

In other words, shareholders who bought the SGX 50 ETF and over-the-counter investors who bought the SGX 50 ETF linked fund will passively take over. However, the SGX market is different from the one next door, so it cannot be said to be taking over. It would be more appropriate to say that it is a relay. As long as there will be further increases in the future, it certainly cannot be considered a takeover.

In this market, there is an invisible and powerful hand that controls the overall situation, and the person who controls this invisible hand is Fang Hong. The fact that the stock price of Game Box can rise so much without being suppressed shows that he approves it.

In a sense, this is a kind of exchange, because the funds that pulled in the Game Box stock price at this moment are not from Qunxing Star, nor from its market makers such as Pengrui Capital and Zhongtai Capital. They are now being carried by other large institutional funds and are watching the stock prices in their hands rise.

The exchange is that you big funds push up the stock price and keep it stable for half a year. This half year is your capital cost and time cost, and your return is the premium of this big rise. After half a year, Game Box will be included in the constituent stocks of the New Securities 50 Index. Stockholders and fund investors will take over, and you can withdraw with this premium profit.

As for who can get the biggest premium in this range of increase, it is up to you to decide based on your own abilities.

Those who react the fastest and enter the market earliest will obviously make more money, but the actual situation is often more complicated. The first person to enter the market may not be able to reap the entire premium, and those who enter the market late may not necessarily be left behind, because there may be situations where the car is reversed to pick up people, and there is no guarantee that institutions have privately communicated with each other and agreed to give up a little, which will be reflected in the stock price as a correction and fluctuation within a range.

But no matter what, Fang Hong has just drawn out this range of increases. He will not care about the stock price fluctuations and capital games within the range. However, if there are funds relying on the passive holdings of the New Securities 50 Index in half a year, and if there are fund investors and stock investors taking over, they will dare to break through this range of increases and push it upwards to death, which exceeds the scope allowed by Fang Hong, then institutions such as Pengrui Capital and Zhongtai Capital will suppress it and make money by selling high with tears.

If these big funds are unhappy and dump the market in retaliation, it doesn’t matter. The trillion-dollar stabilization fund will be here soon and you can buy the stocks at the bottom with tears.

Even if the Monkey King had seventy-two transformations, he could not escape the suppression of Tathagata's Five Finger Mountain.

At this moment, approaching the last 10 minutes of the closing, major market software pushed a message:
【The New Securities 50 Index continued to hit a record high, reaching the 2000-point mark for the first time; GameBox broke through the trillion-yuan market value mark on its first day of listing, and the current increase has expanded to +180%, with a current transaction volume of 261 billion. 】

The market was boiling with excitement, and the New Securities 50 Index and Game Box became the focus of everyone's attention in today's A-share market.

[Niupi (broken voice)——!]
[Sold at more than 60 points in the early trading, my thighs are already broken.]
[I originally thought that WeChat, which was cut in half and then rose to a trillion-yuan market value, was already invincible in the A-share market. I didn’t expect that this stock was even more powerful than WeChat, and directly hit a trillion-yuan market value within a day. Whose general is this trader?]
[For the first time, I witnessed what it means to see an elephant dance.]
[It’s really too exaggerated. The total market value of Zhongguo Ping An increased in one day.]
[A-share market adds another trillion-dollar market value warrior.]
[Woc what's going on? I'm too busy today to check the market, but the New Securities 50 Index has already reached 2000 points? I remember discussing with my stock friends two months ago whether the New Securities 50 Index could possibly reach 2000 points within the year...]
[You dare not watch the market when you have positions, you are really bold.]
[What is there to be afraid of? I am now investing in the Xinzheng 50 ETF, and I have made a profit of 30 points. Basically, I don’t need to keep an eye on it. I haven’t watched the market much during this period. I am not worried at all. I can sleep well without any worries.]
[Ah, you bought the new 50ETF? That’s fine, just ignore what I said.]
……

The New Securities 50 Index has historically reached the 2000-point mark. Countless investors saw the index’s historical lowest point of 780.15 points, and it seems like yesterday when they thought about the fact that the bottom was hit during the first month of the new year.

Today, the New Securities 50 Index has broken through the 2000-point mark, achieving the feat of doubling the index on the annual line, and has achieved a cumulative increase of over +156% from the lowest point.

Even if you applied for the SGX 50 ETF when the SGX opened and held on to it, your money would have doubled now. If you had successfully bottomed out at the historical low, you would have earned an additional 56 points of profit. Investors in the stock and fund markets who directly or indirectly participated in the SGX have truly felt a sense of gain this year.

As of the closing at 15:, the three major stock indices of the A-share market all closed higher today, and the main board indices of the two neighboring cities also continued to rise driven by the current wave of placards.

The Shanghai Composite Index rose +1.37% after the market to 3171.28 points, with a turnover of 2860 billion yuan; the Shenzhen Component Index rose +1.16% after the market to 10821.66 points, with a turnover of 3693 billion yuan; the SSE 50 Index rose +2.34% after the market to 2002.82 points, with a turnover of 2788 billion yuan.

The total trading volume of the three major trading markets for the whole day was 9341 billion, which is close to one trillion yuan.

In terms of individual stocks, the game box that was just listed today has undoubtedly become the most popular stock in the A-share market. The stock has today formed a long and powerful super big positive line with a bald head and bare feet.

Game Box surged +182.76% after the market, with its share price closing at 94.06 yuan, a turnover of 289 billion yuan, and a total market value of 10629 billion yuan.

……

(End of this chapter)