My fintech empire.

Chapter 1456 [Interim Results]

In the next ten trading days, the New Securities 50 Index fluctuated at a high level around 5400 points and 5500 points. This position is indeed under great pressure, but the center of gravity of the index as a whole is slowly moving up, and it has achieved a breakthrough at the second highest level of 7 points in early July. Now the only remaining historical high is 5453.44 points.

The reason why the New Securities 50 Index has been quite confusing during this period is mainly because after the super giant Xingyu Technology returned to a market value of 14 trillion yuan, it did not break through the new high in the next ten trading days, but instead fell back.

Xingyu Technology’s current position is also at a historical high, and the selling pressure is not small.

The current capital game on the market is mainly about turnover, and only when turnover is sufficient can it continue to rise. The size of Xingyu Technology's stock is too large, and now the daily turnover has become normalized at the level of hundreds of billions. Even the super main force cannot just pull it up casually.

Even if the off-market funds want to carry the sedan chair, they must have chips. Without chips, who would be willing to carry the sedan chair for the funds inside?

However, Xingyu Technology did not reach a new high. These days, other stocks surrounding the new energy vehicle industry chain have been competing for performance, especially the stocks of Xingyu Technology's industry chain suppliers have been favored by funds.

……

On the evening of Friday, August 8, Xingyu Technology officially disclosed its 30 interim results.

Data shows that in the first half of 2019, Xingyu Technology achieved total revenue of 10790 trillion yuan and net profit of 2355 billion yuan, a year-on-year increase of +35.16%, basically in line with the pre-disclosure data of the interim report.

Tomorrow is the last day for the disclosure of interim results. The last batch of listed companies that have not yet disclosed their interim results will basically disclose them today.

However, during the weekend, another piece of news attracted much attention.

According to foreign media reports, the Fagua people have reached a military procurement contract order worth US$100 billion with high-tech companies such as Bionic Power, Xingyu Technology, Matrix Quantum, and Kunpeng Technology under the Qunxing Group.

Many people were surprised when they saw this news. The French actually came to Dongda to purchase equipment?

And they were products purchased from Qunxing Enterprises.

When both netizens and industry insiders saw the news, they exclaimed that they never expected that Qunxing Enterprise would open the door to the European market through military business.

This move by Fa Gua has also sparked a lot of heated discussions. Many netizens who like to watch the fun joked that Fa Gu is indeed a traitor in the Western team. He likes to go against Ying Zi from time to time and insists on doing business with the galaxy companies that Ying Zi has blacklisted.

Some people also understood what Faguaren did and contacted Blue Fox International in Africa, thinking that Faguaren was expressing his dissatisfaction with Yingzi.

Because now everyone on the planet has determined that Blue Fox International is the eagle claw of the French Grasshopper people, and Blue Fox International's operations in Africa have severely hit the interests of the French Grasshopper people, and the French Grasshopper people are obviously unable to bear the pain.

Some people have decisively predicted that the French bought some military products from the Star System's companies from Dongda, and they will most likely be deployed to Africa after receiving the goods. It may not be long before we can see scenes of combat robot dogs and drones bombarding each other in the confrontation with Blue Fox International.

……

After the weekend, it is September.

On Monday, September 9, the A-share market had a good start. The three major stock indexes changed from weak to strong at the opening, showing a change from the narrow range of fluctuations and downward trend of last week.

The strong momentum continued in the afternoon and the New Certificate 50 Index reached a new level today and returned to the 5500-point integer mark. This is the first time in nearly five months that the index has regained this integer mark, and it is now within reach of setting a new historical high.

In addition, the Shanghai Composite Index also reached 2900 points today.

Only more than 1.19 stocks fell in the three major trading markets, and the theme and concept sectors were active. The military industry sector was particularly strong today. The Bionic Power Company hit the daily limit, and its market value soared to trillion, a record high.

This stock is currently classified into the military industry sector and is the only military industry stock in the A-share market with a market value of over one trillion yuan.

In addition to the military industry sector, new energy vehicles, semiconductors, software, intellectual property and other sectors performed strongly.

Overall, market sentiment has improved significantly.

As of the close, the three major A-share indices all ended in the red, with the SGX 50 Index closing up +1.52% at 5535.09 points; the Shanghai Composite Index rose +1.31% to 2924.11 points; and the Shenzhen Component Index closed up +2.18% at 9569.47 points. The three major trading markets had a total turnover of 15647 billion, of which the SGX market was 10115 billion.

The next day, after the breakthrough on Monday, the overall pattern today was a retracement and narrow fluctuation. From a technical point of view, this trend is also relatively ideal and meets the timing of buying on a retracement.

The Xinzheng 50 Index opened flat and fell in the morning, but in the afternoon it showed a V-shaped rebound driven by stocks such as Bionic Power Company and Kunpeng Technology. It also led to the military industry sector's renewed strength, and ultimately helped the Xinzheng 50 Index turn positive in the late trading.

As of the closing, the SGX 50 Index formed a bald positive line with a lower shadow, closing up +0.26% at 5549.47 points. The turnover of the SGX market today was 9246 billion.

……

Wednesday, May 9th.

As soon as the SGX market opened this morning, the SGX 50 Index only fell slightly by -0.12%, which lasted for about five minutes. Finally, it stopped falling and moved upward under the upward trend of Xingyu Technology. After consolidating for so many days, Xingyu Technology finally began to break through today.

Three days later, Xingyu Technology will hold the launch of its first new energy vehicle, which will be this Saturday. Most investors once thought that Xingyu Technology’s stock price would have to wait until after the launch to see how it performs next Monday, but they didn’t expect the market to be impatient and it started to break through today.

At around 9:22 in the morning, major market software pushed the following news:
【Xingyu Technology's increase expanded to +3.21%, a record high; the New Securities 50 Index increased by +0.28% to 5565 points, a record high! 】

The entire market was excited and it broke through!

After five months, the Xinzheng 50 Index finally broke through the historical high of 4 points on April 8, and it was accompanied by the A-share market and Xingyu Technology, the world's largest stock by market value, both reaching historical highs.

At this moment, the share price of Xingyu Technology is rising, which also drives the overall market index Xinzheng 50 to continue to fluctuate upward.

In the afternoon, the index reached the 5600 point mark for the first time.

Stocks such as Bionic Power Company, Kunpeng Technology and their military industry sectors pulled back today as funds began to attack the super giant Xingyu Technology. In addition, banks and securities firms in the big financial concept sectors of the two neighboring cities also saw unusual increases.

After the market closed, Xingyu Technology rose by +4.75% to 51.82 yuan per share, with a daily turnover of 1695 billion and a total market value of 14.27 trillion.

The SGX 50 Index closed up +1.16% at 5613.96 points, and the SGX market's total turnover for the day was 10592 billion.

In the last two trading days of this week, Xingyu Technology and the market index both reached historical highs in both directions.

On Thursday, Xingyu Technology closed up +4.73%, with a market value of 14.94 trillion yuan. On the same day, the NXING 50 Index closed up +1.21% at 5681.73 points, and the daily turnover increased significantly to 11845 trillion yuan.

On Friday, Xingyu Technology closed up again by +4.32%, and its market capitalization reached the historic 15 trillion mark, reaching 155890.75 billion. The Xinzheng 50 Index also closed up by +0.58% at 5714.75 points, setting a new historical high and reaching the 5700 point mark for the first time. The market continued to maintain a trillion-level trading volume.

After the market closed on Friday, the investment community, the automotive industry, the media community, and tens of thousands of netizens all focused their attention on Xincheng and Xingyu Technology's headquarters, because tomorrow is the launch of the company's first model.

The company's market value has been pushed up to 15.58 trillion by investors, and the New Securities 50 Index has reached a new high of 5700 points. It can be said that it is thanks to this much-anticipated press conference that Xingyu Technology has been holding back on its big move for so many years, and the atmosphere has been heated up to this extent.

……