My fintech empire.

The SGX is not perfect either, but there is no doubt that its merits outweigh its flaws. In just three and a half years, nearly 1700 companies were listed, but only 15 had problems. Among them, nine were discovered early and were delisted, so at most only six slipped through the net.

This result is already quite impressive. Looking at major capital markets around the world, there is currently no other venue with better performance than the SGX. Magnesium stocks have to be ranked at the back, not to mention the two neighboring A-share markets.

As for the investors who fell into the trap of these 15 listed companies, they can only say that they are extremely unlucky, but as long as they are not fully invested, they can still slowly recover from the SGX market. If they are fully invested, such as when Yiou shares hit the ceiling, then even gods cannot save them, and they are basically wiped out.

At this moment, the comment section of the stock bar for these 15 stocks, especially Yiou Shares, is extremely popular, because thousands of A-share retail investors are watching and discussing it strongly. Everyone feels their scalp tingling when seeing this trend.

[It’s so scary. It can still plummet by -98% after it’s already been cut in half. It’s really outrageous.]
[Carry it away, carry it away, send it to the old third board... (Shiba Inu.jpg)]
[This is a mass grave (cry)(cry)(cry)(cry)(cry)(cry)]
[There is one good thing about the SGX market: regardless of whether the retail investors are big or small, or if they want to be boring, they will be boring together, and the main theme is fairness... (covering face.jpg)]
[I didn’t expect that the first batch of delisted stocks from the SGX would be opened in this way, but these companies have played a role. At least they have played a “sacrificial” role during the implementation of the new delisting rules. This is a good warning and educational demonstration. It can only be said that sacrificing the small self achieves the big self… (covering face with laughter and tears.jpg)]
[I will bear the blame for the holder of Ku Yi Ku... (manually funny)]
[Owner: You are noble, you are amazing... (Erha.jpg)]
[It's really too tragic. Even I, a bystander, can't bear to watch it. It's gone to ashes.]
[The SGX 50 ETF is still a good choice. Don’t think you can make money just by buying stocks on the SGX market. Even the best market will have its pitfalls. And under the new regulations, if you accidentally step on a pitfall, it will definitely be an epic disaster.]
[It is still necessary to separate warehouses, especially in the SGX market.]
[How are the people who entered Yiou Shares on the ceiling that day doing now?]
[My mood is very good and stable, because I have cooled down completely...]
[I bought 50,000 or 60,000 yuan that day, but now I only have a few hundred yuan left. I don’t want to talk anymore, so I just wanted to make some profit, but I ended up losing all my capital.]
[I still have a few hundred bucks left, I can spend some time with tears in my eyes… (covering my face.jpg)]
[You know how to comfort people.]
[I bought this ticket for 100 million yuan, and now I only have 5000 yuan left. Using another 5000 yuan to get back the investment means that the rate of return must be doubled 200 times, which is basically wiped out. No one can get their money back. I hope those who have fallen into the trap will not hold a full position. If they don't hold a full position, there is still hope of making a profit. It's really miserable...]
[Who said no one can make back their investment? I think there is at least one person who can do it, and that is God K. At least I firmly believe that God K can definitely do it.]
[I am talking about humans, not gods... (Shiba Inu.jpg)]
[Uh... I'm speechless and can't refute it.]
……

On the first day of the delisting consolidation period, investors witnessed the severity of the decline of such stocks. These 15 stocks all plummeted by more than -80% after today's closing, among which Yiou shares plummeted by more than -98%. Such a huge drop on the same day is rare in the history of the A-share market.

Investors who held these 15 stocks paid a terrible price. The good news is that most investors did not hold full or heavy positions. Although they were in pain, they were not "wiped out".

However, there are still a small number of investors who are fully invested, and their assets are basically reduced to zero overnight. It is no exaggeration to say that they are "wiped out" by the market.

This also taught other stock investors a good lesson. Even in the SGX market, one cannot just buy stocks with their eyes closed and make steady profits. One must stay away from junk stocks with falsified performance, information disclosure violations, and continuous losses.

Don't buy stocks easily. If you must buy, don't go all in on one stock. It's best to buy blue-chip stocks with good performance.

To put it bluntly, buying the Xinzheng 50 ETF is the most stable option. It may not bring ten times or even higher investment returns like individual stocks and small-cap technology growth stocks, but at least you will not fall into a huge pit like Yiou Shares.

Moreover, the increase in the New Securities 50 Index is also relative. In fact, the return on investment over the past three years has been quite amazing, and the return on investment has surpassed more than 98% of the stocks in the two neighboring cities.

As of the closing, the first trading day of the second half of this year had a good start. The SGX 50 Index closed at 109.14 points, up 5438.55 points after the market, up 2.05%. The total turnover of the SGX market was 9585 billion.

Since the Xinzheng 50 Index fell to 5 points on May 23, it has rebounded by +4875.15%. In just about a month, it has once again reached its historical high and is now within reach of its historical high of 11.55 points.

In the following days, the market did not continue its good start momentum and break through the historical high in one fell swoop, but once again entered a trend of volatile decline and correction.

The reasons for the pullback are the result of multiple aspects, mainly the resonance of internal and external factors.

The internal cause is the SGX itself. First, the SGX 50 Index is currently near its historical high. There are dense locked-in orders in the 5400-5550 point range that need to be released. The recent market trading volume is also below one trillion yuan, and it is obviously difficult to absorb and digest the locked-in funds here in the short term.

In addition to the high-point locked-in shares, the short-term increase of the SGX 50 Index is relatively fast, and there is a need for short-term profit-taking to withdraw. Another factor is that the new delisting rules of the SGX market have just been implemented, and the market itself is also adapting to the new rules and generating new capital games in accordance with the new rules. In the short term, funds cannot form a joint force.

In addition to the internal factors of the SGX, there are three external factors. The first is that the group-holding situation of blue-chip stocks in the neighboring Shanghai and Shenzhen stock markets has shown signs of loosening. After Moutai's stock price broke through the 1,000 yuan mark and Wuliangye and other stocks repeatedly set new highs, their valuations were high. Investors were worried that their performance did not match their valuations.

The consumer sector, centered around liquors such as Maotai and Wuliangye, has been overweight for 10 consecutive quarters. The result of long-term overweighting is overvaluation. If there is a phenomenon of performance falsification in the future, there is a risk of triggering a stampede.

Although the valuations of blue-chip heavyweight stocks in the SGX market are not low, or even higher, their performance and value growth are strong, and the SGX has a stabilization fund, while its neighbors do not. The SGX is now further improving its delisting rules to boost market confidence, while its neighbors do not either.

Another factor is that the mid-year report disclosure period is approaching, and investors are worried about the risk of performance explosion. Stocks such as BoXin Holdings and Kangdexin in the two neighboring cities have exploded one after another, and stocks such as Yiou Holdings and Haililin in the Singapore Exchange market have exploded.

Now that the interim report disclosure period is approaching, there is a certain risk of performance explosion. Although 15 stocks have already exploded in the SGX market, no one can guarantee % that the remaining stocks will not have any risk of explosion. Therefore, it has also suppressed investors' risk appetite, and it is safer to wait for the interim report to be disclosed first.

In addition, external factors are also a factor, and investors' expectations for the end of the easing cycle in the United States have been dashed. The non-farm data of the old United States has been strong, at least on the surface. The number of new non-farm jobs in June has greatly exceeded market expectations and previous values. Combined with the conservative remarks of the Fed's speaker, it means that the easing expectations in the United States will be extended. When the expectations are dashed, the capital market will also see some corrections.

At the beginning of the second half of the year, Fang Hong temporarily stopped paying attention to matters related to the SGX market and instead turned his attention to Africa, thousands of miles away.

Fang Hong once again paid attention to the situation in Africa because several companies under Qunxing, such as Bionic Power Company and Kunpeng Technology, began to send people to contact the Fagua people to discuss business and sell products to them in order to deal with the threat from Blue Fox International.

Demand can be created artificially.

...(End of chapter)