My fintech empire.

Chapter 1390 [Hold on for a few more days, just a few more days, the helpers will be there soon]

The rich people in Shat are definitely unaware of the above decision, and Fang Hong is also unaware of it at the moment. No matter how fast the reaction is, it still takes time, and it is also necessary to say hello to the friendly places being visited.

The next day, Wednesday, October 9th.

At this moment, Fang Hong is paying attention to the trend of the SGX market in the trading room. As for the situation of the rich man in Sat, looking at his calm expression at the moment, it is obvious that he is not in a hurry, because there is no use in being anxious, he just needs to wait for news patiently.

Fang Hong is actually very confident. First of all, it is impossible for the 2.75 trillion to slip away after being obtained. The benefits are simply too great. Secondly, if Xiao Sarahan’s problem is not taken care of, the negative effects will be great. What he says in the future will be greatly discounted. No one will believe him and no one will be willing to work with him. They will think that you are all talk and no action, and you will not help when there is a problem. How can anyone dare to work with you like this?

It will even affect the larger strategic layout, such as the century-long reconciliation between the local tycoons and Alang, who have been paving the way for a long time.

So Fang Hong believed that they would definitely take care of it, and maybe they had already taken action now.

At 9 am, the SGX market opened, and the SGX 50 Index opened slightly lower in the auction. It rebounded after hitting the 5-day average price line, and then turned red and rose. After 11 o'clock, the SGX 50 Index continued to rise, reversed yesterday's negative line and set a new historical high.

Around 11:14, major market software pushed messages:
[The New Securities 50 Index continued to rise, with the increase expanding to +1.3%, standing above the 4500-point mark for the first time, setting a new historical high. ]

Fang Hong is looking at the market quotation of the SGX. Jiuzhou Blue Arrow is currently the most popular stock in the A-share market. This trillion-level behemoth is performing like an elephant dancing.

After a slight adjustment yesterday, Jiuzhou Blue Arrow has now rebounded to create a record high, and the intraday gain has expanded to 6 percentage points.

At this time, Fang Hong received a secret message from Luo Qing'an, and he couldn't help but feel encouraged after learning about the decision from above.

However, Luo Qingan did not come simply to tell Fang Hong the news, but to pass the information to Xiao Salman through the previous channels of the Stars, asking him to withstand the pressure and hold on for a few more days, just a few days, and the help will be over soon.

Finally, Fang Hong pondered for a moment, left the trading room, and immediately went to arrange this matter.

In addition to passing the secret message to Little Saraman, it was also decided that he would cancel the transfer of another $500 billion this week. $500 billion had already been transferred last week, and the original plan was to transfer another $500 billion this week.

But now things have changed. If we want little Salerman to hold on for a while longer in the next few days, we have to deal with Lao Mei for a while. We can't pay the money to stimulate Lao Mei at this juncture, lest Lao Mei be convinced that little Salerman cannot be won over at all, thus causing irreversible consequences.

……

In the capital market, at around 11:47, Jiuzhou Blue Arrow hit the daily limit again, and its market value reached a historical high of 1.798 trillion yuan. The aerospace sector and Jiuzhou Blue Arrow's industrial chain sector took off again.

At around 12:55, the SGX 50 Index also reached its highest point of the day, reaching a historical high of 4582.78 points, with a corresponding increase of +3.13%. At the same time, the trading volume of the SGX market once again increased significantly.

However, the New Securities 50 Index maintained its high level for about twenty minutes before beginning to fall.

In the Shanghai and Shenzhen stock markets next door, the Shanghai Composite Index rose rapidly in the morning, driven by the banking and consumer sectors, and successfully regained the 2800 point mark, filling the gap on August 8. However, affected by the New Securities 2 Index, it also rose and fell in the afternoon, and blue-chip stocks fluctuated downward.

On the SGX market side, the aerospace sector and stocks related to its JL Blue Arrow industrial chain experienced varying degrees of decline, but JL Blue Arrow's own daily limit was firmly locked and was not opened until the close.

At the close of the market at 15:50, the SGX 4500 Index held the 1.48 point mark and closed up 4509.74% at 10034 points after the market. The trading volume of the SGX market returned to the trillion-dollar market, but today's volume of billion was slightly less than the trillion-dollar trading volume of the day before.

Today's K-line of the New Securities 50 Index does not look good, forming a big antenna.

……

The next day, Thursday, September 9, the SGX 27 Index retreated in a small volume, closing down -50% after the market at 0.99 points. The SGX market turnover that day was 4465.10 billion.

However, the performance of Jiuzhou Blue Arrow has made all kinds of market funds look at it with a higher eye. When the stock fell at the end of yesterday's trading, it did not fall sharply. However, when the market corrected today, the stock was very strong and even closed up +1.72% against the trend.

On Friday, September 9, the SGX market opened today, and the SGX 28 Index opened slightly higher. Yesterday, Jiuzhou Blue Arrow, which exceeded expectations, opened higher by +50% in today's call auction. After falling back five minutes after the opening, it rebounded and then fluctuated higher all the way, once again staging an elephant dance.

At around 10:37, Jiuzhou Blue Arrow once again recorded a daily limit under the attention of the public, breaking out of the recent trend of five daily limits in eight days. Such a huge trillion-level company has performed like a monster stock.

After today's daily limit, Jiuzhou Blue Arrow's market value not only hit a record high, but also historically reached the 2 trillion yuan mark. The exact number is 20118.85 billion yuan.

The market was boiling with excitement. The company's market value was less than one trillion a month ago, or just over 8000 billion to be exact. Because of the "Planetary Defense" plan and the subsequent Space Investment and Cooperation Initiative Summit, the rich people of Sat placed an epic order of 5500 billion US dollars. Stimulated by these major positive factors, Jiuzhou Blue Arrow's stock price has been rising all the way.

In just about a month, the market value soared to 2 trillion, with a cumulative increase of nearly 1.5 times.

The New Securities 50 Index also performed extremely well, especially from the adjustment period from mid-to-late September to 9 points, to the current historical high of 4077.15 points. During this period of just about two and a half weeks, it achieved a cumulative increase of +4582.78%. As a major market index, such an increase is unrivaled in major capital markets around the world.

However, at this moment, Fang Hong felt that the trend of the SGX market was not very good. It had soared too fast and the market was overheated. If it continued to rise like this, there would be no room for next year, especially in the first quarter of next year when it would have to cooperate with the relevant financial policies of some countries. By then, the Shanghai and Shenzhen stock markets next door would also need to launch a round of exponential market trends.

The authorities intend to let the SGX market gradually replace it, but not immediately. At least we have to wait until the label of "pilot" is removed from the SGX market.

The two neighboring cities will certainly continue to exist for a long time.

Fang Hong immediately called his beautiful assistant and told the Trillion Stabilization Fund to suppress the market. The current market sentiment is indeed too hot and they have to suppress it. The annual increase of the SGX 50 Index has exceeded 57 percentage points, which has exceeded last year's full-year increase of +46%. The total market value of the entire SGX market is about to expand to over 50 trillion.

If the market is not cooled down and it overdraws its capacity, the market outlook for next year will be difficult to develop.

After receiving the news, the SGX market trillion stabilization fund began to release selling pressure.

……

(End of this chapter)