My fintech empire.

Chapter 1323 [This year we must go against the trend in adversity]

The trading volume of the A-share market today continued to maintain a trillion-level volume, and increased again compared with yesterday, reaching a huge amount of 13135 billion. Among them, the SGX market once again broke the record, reaching 7920 billion, accounting for 60% of the entire market.

In addition, the trading volume of individual stocks has also broken the historical data of A-shares. Xingyu Technology today achieved an unprecedented daily trading volume of 1742 billion, accounting for 22% of the total trading volume of the SGX market and more than 13% of the trading volume of the entire market.

The transaction record set by the long-short battle that broke out on Zhongguo Ping An that year was broken so easily.

Matrix Quantum's trading volume today also broke its own historical record, setting a daily trading volume of nearly 992 billion today, with the exact number being 12.5 billion, accounting for 7.5% ​​of the total trading volume of the SGX market and more than % of the total market trading volume.

The combined transaction volume generated by the two companies was 2734 billion, accounting for 34.5% of the total transaction volume of the SGX market, more than one-third of the total market share and more than one-fifth of the entire market.

The Shanghai Stock Exchange's turnover today was 2821 billion, which was only a few billion more than these two companies, while the Shenzhen Stock Exchange's turnover today was 2394 billion, which was directly blown away by these two companies.

Investors were also shocked when comparing these data after the market closed. This was unprecedented, and therefore gave Xingyu Technology and Matrix Quantum two new titles, namely the "big and small kings" of the A-share market, which are well-deserved titles.

Even on a global scale, it deserves this title and is a true king-bomb-level existence.

It is worth mentioning that the fact that the Xinzheng 50 Index surpassed the Shanghai Composite Index in absolute terms today is indeed a landmark event and another important watershed in the history of A-shares.

Because from then on, the gap between the New Securities 50 Index and the Shanghai Composite Index continued to widen. After the first time it was surpassed, it never re-overtook again, no matter whether the market was rising or falling. But that's a story for later.

沪指今天才突破2016年1月份大熔断时期的高点，历时两年左右的时间，而新证50指数也是在2016年1月份开板开市，从初始值1000点来到了今天的3500点之上，也是两年的时间却走出了2.55倍的涨幅。

While countless investors were excited to see the absolute value of the Xinzheng 50 Index surpass the Shanghai Composite Index, they also felt a myriad of emotions, and even a sense of déjà vu as if they were in another world.

Nowadays, the New Securities 50 Index has become the representative market index of the A-share market in the minds of more and more investors. More and more people look at the trend of the New Securities 50 Index to judge and formulate trading strategies, and its weight has exceeded that of the Shanghai Composite Index. This is the manifestation of viewing it as the overall stock market.

This kind of transformation is exactly what Fang Hong expects to see. If he wants to compete with magnesium stocks for market pricing power worldwide, he must first gain pricing power in the A-share market.

……

Wednesday, May 1th.

After yesterday's 50 percentage point long positive line, the Xinzheng 4 Index closed positive again today, marking the seventh consecutive positive day and the 19th positive day in 18 trading days. After the market, it rose by +0.81% to 3579.40 points, and the trading volume also shrank to 6549 billion.

The intraday high once reached 3597 points, but ultimately failed to reach the 3600 point mark.

The next day, Thursday, the Xinzheng 50 Index finally ended its seven-day winning streak and closed down -0.60% at 3557.77 points. The trading volume further shrank to 5043 billion.

On Friday, January 1, the Xinzheng 16 Index rebounded again after a day of correction, reaching an intraday high of 50 points, and finally closed at 3623.53 points, up 3605.55%. Today's trading volume also increased again to 1.34 billion.

……

In the afternoon, stay at Jingxinju Villa.

"The New Securities 50 Index officially reached the 3600-point mark today, and has reached your target price. What should we do next?" Tian Jiayi, who had just returned from the company, was talking to Fang Hong, who immediately said, "Announce the news in an orderly manner over the weekend and advance matters related to the 'New Hong Kong Connect'."

Fang Hong pondered and added: "In addition, let the second phase of the wealth fund and the stabilization fund prepare to enter the market and enter the market when the market falls. The trade dispute with Lao Mei will most likely intensify this year, and the impact on the capital market is inevitable."

If nothing unexpected happens, the market will experience a sharp drop in February due to internal and external factors. America will intensify its crackdowns, including trade wars, technology wars, and public opinion wars. It can be said that all means except direct hot war conflicts will be used.

Because in the South China Sea incident in 2016, Taiwan created an arbitration incident and was ready for a head-on fight. At that time, the country mobilized the elite of the three fleets and really intended to fight a war with Taiwan. But Taiwan saw that Taiwan was serious.

As a result, he showed his cowardice and became a coward.

At that time, Lao Mei didn't even know that the position of his own aircraft carrier fleet had been exposed. It was his opponent who posted a picture of a bomber cruising on the Internet to subtly inform him that the position of the main force of the fleet had been exposed. If the two sides had already fought at this time, the Oriental Express would have flown over. Lao Mei was so scared that he quickly drove his aircraft carrier away.

Since then, there has been total silence around, and no one dares to bring up the so-called arbitration case again.

Lao Mei also understands that the opponent in a hot war is not afraid at all, and Lao Mei himself does not dare to fire the first shot. Lao Mei therefore realizes that the path of hot war is not feasible, not to mention that now that 055 has been launched, J-20 and a series of other equipment such as the bionic manta ray have been launched and put into service.

It was also after that year that the world status of the Eastern superpower experienced an epic rise, but because it has always been low-key, people in the country could not feel this change.

It was also from that year that the wealthy people from Sat visited the exhibition in the first half of 2017 and brought huge orders worth tens of billions of dollars. In the second half of the year, they placed large orders worth 267 billion US dollars with the exhibitors from the Galaxy.

You know, the rich people in Shat have always been on the same side with Lao Mei. When the Syrian war broke out six or seven years ago, no one in the Middle East, including Shat, dared to oppose it. They all stood on the side of Lao Mei. At that time, the rich people in Shat did not dare to get so close to Rabbit behind Lao Mei's back, let alone hundreds of billions of orders were thrown at them one after another.

He didn't dare to fight head-on because he didn't have the guts or confidence. He also failed in the financial sector and suffered repeated defeats in several battles with Fang Hong and Qunxing Capital. But Lao Mei didn't give up and it was impossible for him to give up so easily. How could he give up now when he hasn't even reached the stage of dying struggle?

The squid and the ansa have achieved what they have today by sucking the blood of others. Giving up would mean that their own internal organs would explode. Since a head-on confrontation is not feasible, Lao Mei will definitely use all other means.

Competitors including those at the financial level will continue to exert their strength, and it is impossible for the SGX market to continue to compete with magnesium stocks for global liquidity and pricing power.

Fang Hong was also prepared, and had the Wealth Fund Phase II and the Stabilization Fund ready to support the market in the future.

The SGX 50 Index must not be dragged down this year, but must go against the trend under such adverse circumstances. This year is an extremely critical year for the SGX. Winning this battle in this year's financial battlefield will have extraordinary significance for making the SGX market a global securities trading market in the future.

Capital and investors from all over the world are watching silently. Only if you win and face the world as a winner will others recognize your status and believe that the SGX market can really compete with the North American capital market. Even if others do not believe that you can overthrow the North American capital market, at least they will believe that the SGX is another pole in the world's capital market besides North America.

……

(End of this chapter)