My fintech empire.

Chapter 1215 [Xingyu Technology becomes the world's largest stock by market value for the first time]

If we want brain-computer terminal devices to be as popular as smart phones, they have to be made wearable, which is of course more difficult technically. The main technical difficulty lies in breaking through the brain skull's blockage of EEG signals from a physical level.

As long as this technical difficulty is overcome, with the existing technological reserves, the commercialization of brain-computer terminal devices is only a matter of time.

Fang Hong was not in a hurry, as technical breakthroughs could not be rushed.

The general direction is very clear. Brain-computer technology will first start in the field of medical devices. Not only will the relative resistance be much smaller, but from a business prospect perspective, although the market size is not as large as that of brain-computer terminals connected to the Internet, it is also a trillion-level market, which is needed by so many disabled people.

For the paralyzed, the attraction of being able to stand up again is self-evident; for the blind, the desire to see the light again is also self-evident, especially for some people who are born blind and have never seen what the world really looks like. If one day they can witness everything in the world, what a spiritual shock it will be for them?
……

The next day, the A-share market opened. Today is also the "Double Eleven" shopping festival, and the stock market performance today also showed a continued rise in the three major trading markets.

The SGX market has attracted much attention from investors from all walks of life. What Fang Hong said at the "Double Entrepreneurship" Summit held in New Town yesterday not only greatly boosted the entrepreneurial market, but also the capital market.

As Fang Hong expected, the long funds started to rush in during the morning call auction. Fortunately, he had informed many institutions such as Zhongtai Capital and Pengrui Capital, and they quickly suppressed the market during the early morning auction.

Their mission is to calm the market down and prevent it from getting too excited.

The bidding results of the Xinzheng 50 Index came out, and it opened flat. Many investors were confused as to who was suppressing the market. They were so bold as to go against God K, but few of them have gotten any good results so far.

At the final close, all three major trading markets closed in the green again, while the SGX 50 Index performed weaker than the main board. The Shanghai Composite Index closed up +0.78% today, and at one point in the session it stood above the 3200 point mark. The SGX 50 Index closed up +0.69% today, and closed at 2016.55 points after the session. The trading volume broke the record of the SGX, breaking the 3000 billion mark for the first time.

In the next three trading days, several capital institutions responsible for the suppression, such as Zhongtai Capital, also worked hard to smash the stock, and also suppressed the enthusiastic bullish forces.

However, the suppression did not prevent the New Securities 50 Index from continuing to hit new historical highs. Fang Hong’s requirement was also very clear. It was not to bring down the New Securities 50 Index, but to prevent it from skyrocketing in the short term.

In these three trading days, the New Securities 50 Index closed up +0.72%, +1.17% and 0.34% respectively, and the latest closing price was a record high of 2061.95 points. From the daily K-line, the New Securities 50 Index has also recently gone through five consecutive positive days, and the daily trading volume has always remained above 3000 billion.

During the same period, the Shanghai Composite Index also successfully reached the 3200 point mark.

After five consecutive positive daily lines, the Xinzheng 50 Index finally underwent an adjustment. Some funds found that this trend was a bit inconsistent with expectations. Logically speaking, after Fang Hong’s speech at the "Double Creation" summit that day, the Xinzheng 50 Index should have had a big positive line of two or three points.

As a result, there was not a single medium-sized positive line among the four positive lines, let alone a big positive line. I always felt that something was wrong with the funds, but I didn’t know what was wrong for a while.

After a few days of heat, the funds finally began to cool down.

This is reflected in the fact that the SGX 50 Index has undergone two or three days of adjustment. Fang Hong is also paying attention to the situation of the SGX market. He is quite satisfied with the current trend of the SGX 50 Index. Overall, the market control is good, which is in line with his expectations.

……

On the weekend of December 12, Xingyu Technology disclosed a technological development and called it a major "milestone" technological breakthrough. It was the human clinical trial report on brain-computer interface.

As the news was disclosed to the public, it quickly caused a sensation in the technology and capital circles, and the term "brain-computer terminal" became the hottest topic of this weekend.

People who pay attention to cutting-edge technology also know that since 2015, Xingyu Technology's research team has conducted hundreds of tests on pigs, sheep and monkeys, and has achieved good experimental results. However, after all, the subjects are animals, and cannot be compared with humans.

The reason why this time caused a sensation in the industry is that the human clinical trials have achieved major technological breakthroughs and are of extraordinary significance.

Xingyu Technology had applied for human clinical trials as early as last year, but did not obtain approval from relevant departments due to concerns about the safety of brain implant device experiments.

But after making progress in animal experiments, it was approved for human clinical trials in May this year.

The brain-computer research team quickly started recruiting volunteers, mainly targeting people over 22 years old who were quadriplegic due to cervical spinal cord injury or amyotrophic lateral sclerosis, also known as ALS patients.

According to the report, the five-year experiment will use robotic surgery to implant a brain-computer interface into the area of ​​the brain that controls movement intention. The initial goal is to enable paralyzed people to operate a computer cursor or keyboard to type or access Internet social media in just one year.

……

The next day, Monday, March 12st.

Stimulated by this news, when the A-share market opened today, Xingyu Technology, which is the current largest stock in the A-share market by market value, opened high and continued to rise, performing a dance of the elephant. At this moment, every point the stock rises is setting a new historical high.

The rise of this super-weighted large-cap stock also led to the rise of the New Securities 50 Index today.

At the same time, market funds are also exploring related concept stocks for speculation. There are also two listed companies on the Singapore Exchange that are Xingyu Technology supply chain companies, and they also have some relationship with the "brain-computer terminal". They are now favored by funds, and their stock prices are rushing towards the daily limit.

There were also followers on the main boards of the two cities, such as Guomai Technology, Hongbo Holdings, Yitong Technology and other stocks also followed the trend and rose.

At around 12:22, when the main board index closed for lunch, the SGX opened as usual for continuous bidding. At this time, major market software pushed a flash news that caused a sensation:
【Xingyu Technology rose +10.03% and closed at the daily limit, the stock price continued to hit a record high, reaching the 5 trillion market value mark for the first time, surpassing Apple to become the world's largest stock by market value, with a current transaction volume of 279 billion】

Investors in the A-share market were in shock, and many stockholders were stunned when they saw Xingyu Technology's share price of 18.55 yuan and a total market value of 5.11 trillion yuan.

[Wow, it has directly topped the global market capitalization list.]
[What is Apple's market value now?]
[After looking at the US stock market, Apple's current market value is close to 6850 billion US dollars, which is about 4.72 trillion RMB.]
[It’s really amazing, the market value reached 5 trillion in one go!]
[The total market value of Maotai increased by one day, and it was more than enough...]
[too exaggerated.]
[Is Xingyu Technology really worth 5 trillion now?]
[That's because you think that the capital market recognizes the future prospects of this company. This milestone technological breakthrough of the "brain-computer terminal" device shows that this company is actively seeking new growth points besides the smartphone business, and the progress is encouraging.]
[I think K's previous public statement that he wanted to make the stock market rise also played a key role, but whether it can be sustained depends on whether there is real ability, otherwise it will be a castle in the air.]
[Xingyu Technology suffered because it believed that technology has no borders. America found that it could not compete head-on, so it resorted to the despicable trick of "kicking the crotch". I believe that as long as the chip technology breaks through, the smart phone will surely return as the king. I am still waiting for the release of STAR-5! ]
……

(End of this chapter)