My Fintech Empire

The reversal of public opinion was too fast. As soon as the news of the SCN-3 accident was revealed, all kinds of comments against this car and Xingyu Technology appeared immediately. It was overwhelming, but only one day later, the wind direction ushered in a big reversal.

After all, the current mainstream social media platforms in China are all named "Qunxing", and the public opinion is actually dominated by Qunxing.

They didn't do anything, just put forward facts and evidence, and showed all the actual situation and many details without taking them out of context.

This generation of netizens is not easy to fool, and consumers also know who is right and who is wrong. After showing all the details of the N3 accident, everyone knows that under the circumstances at the time, the N3 car wanted to avoid the accident unless it could fly vertically upwards, otherwise anyone who came would be rear-ended.

And because the details of the accident were quickly exposed, everyone saw that the SCN-3 car only had a little damage on the rear fender, which made consumers want to buy one even more.

The backstage pusher intended to attack SCN-3 Automobile, but he never expected that he would give a big assist, and further planted the concept of "safety is the greatest luxury" in the minds of consumers.

This point was first verified in the capital market. Whether consumers will buy it or not is still a matter of suspense. Because of the production capacity problem, people want to buy but there is no car. They can only know after the second batch of reservations are opened on October 15.

But investors in the capital market have already bought it first.

…

The next day, Tuesday, October 8.

The A-share market ushered in the first trading day after the "National Day Holiday", and the SGX market opened first in the morning.

Xingyu Technology opened higher by +0.77%, and after opening, it fluctuated higher all the way, driving the SGX 50 Index to rise all the way. Previously, from September 12 to before the "National Day Holiday", the SGX 50 Index was adjusting, and the lowest point fell to 5622.87 points, and it has been adjusting until the last trading day.

In the same period, Xingyu Technology was also adjusting, and its market value fell back to 15 trillion.

Today, it strengthened again. There were continuous good news during the short holiday. The auto show of the rich in Sat was very popular before, and the second batch of reservations was launched. A SCN-3 car had its first accident two days ago.

This incident really made the behind-the-scenes promoters never expect that it would be counterproductive. Some car owners were a little hesitant at first, but after seeing this accident, they were determined to buy the car.

The capital market has obviously taken the lead in buying it. At around 10:20 in the morning, the share price of Xingyu Technology increased by 5 percentage points, and at the same time helped the Xinzheng 50 Index of the market to increase by 1.5 percentage points, regaining the 5,700 point mark in one fell swoop.

In contrast, the Shanghai Composite Index is still struggling at 2,900 points in the two cities next door.

In the afternoon, the Xinzheng 50 Index strengthened again, because Xingyu Technology increased in volume, and further increased its increase to 7 percentage points in the afternoon, and the corresponding market value reached 16 trillion yuan. The increase of 7 percentage points contributed a net increase of 1 trillion yuan in market value.

Xingyu Technology has risen so much that the New Securities 50 Index can't suppress it at all. The intraday increase has also exceeded 2 percentage points in one fell swoop, and the increase has expanded to +2.27%.

…

"Notify the trading team below to suppress Matrix Quantum, Jiuzhou Blue Arrow, Game Box, Yixing Video and WeChat." Fang Hong, who was watching the market, called Tian Jiayi in the company and gave him an order.

Xingyu Technology's weight is too large, which can easily drive the New Securities 50 Index of the market to rush out a huge increase of more than 3 percentage points. The current rise intention of this stock is too strong. If you are determined to suppress it, you will definitely be able to suppress it, but there will be a retaliatory daily limit later.

Fang Hong hopes that this stock will continue to rise overall, but not to the daily limit.

Then we can only suppress other heavyweight stocks to hedge the increase of the New Securities 50 Index, and wait until the periodic increase of Xingyu Technology is almost realized. When the correction occurs, other heavyweight stocks such as Matrix Quantum will be released to let them go up, offsetting the impact of Xingyu Technology's correction on the New Securities 50 Index, thereby ensuring that the market index New Securities 50 always goes up.

As of the close, the New Securities 50 Index rose by +2.45% to 5760.61 points. Today, the trading volume of the SGX market broke one trillion again, and the daily volume reached 1106.3 billion.

The next day, Wednesday, was still a trillion-dollar trading market. The New Securities 50 Index fell back by -0.72% and closed at 5179.39 points. However, Xingyu Technology, which rose sharply yesterday, closed up +1.52% on Wednesday.

On Thursday, Xingyu Technology strengthened again, with another big positive line of more than 7 percentage points on the same day, and finally closed at +7.50%, with the market value soaring to 17.51 ​​trillion, a record high.

The New Securities 50 Index also closed +1.89% on Thursday, closing at 5827.33 points after the market, not only successfully standing on the 5800-point mark, but also breaking through the previous high of 5817.48 points to a record high.

The SGX market also maintained a trillion-level trading volume for three consecutive days, with a trading volume of 1160.5 billion on Thursday.

On Friday, October 11, the last trading day of the week, the New Securities 50 Index rose slightly by +0.29% to 5844.07 points, continuing to set a record high. The market maintained a trillion-level scale for four consecutive trading days, but today the volume shrank to 1010.1 billion.

Xingyu Technology has come out of four consecutive positive days after the holiday, and today it closed up +1.76%, and its market value has soared to a new height of 17.81 trillion yuan. Many bullish investors have called for a breakthrough of 20 trillion yuan this month.

After the weekend, the time came to Monday, October 14.

In the new week, the SGX market continued to hit new highs. Today, the SGX 50 Index continued to hit new highs and stood on the 5900-point integer mark in one fell swoop, closing up +1.02% at 5903.87 points, and the market volume was 1094.3 billion throughout the day.

And Xingyu Technology came out of five consecutive positive days after the holiday, and today it closed another big positive line, up +5.53%, and the total market value soared to 18.79 trillion yuan.

In five days, Xingyu Technology has accumulated a large increase of +25.26%, and the absolute number of market value has increased by 3.79 trillion yuan. In just five trading days, the market value has risen by nearly 2 times the first line of the universe, or nearly 4 times the market value of Zhongyou.

During the same period, the Xinzheng 50 index has accumulated a +5.1% increase in these five trading days. If it weren't for the heavyweight stocks such as Matrix Quantum and Jiuzhou Blue Arrow being suppressed during this period, the Xinzheng 50 index would have definitely broken through the 6,000-point integer mark today.

…

Tuesday, October 15.

Today, whether it is the capital market, the car circle, the media circle or the majority of netizens, they are all paying close attention to Xingyu Technology, because today is the day when the second batch of 100,000 vehicles of the two models released by the company officially start booking.

Thousands of eyes are already staring at the arrival of 10 a.m.

Before the SGX market opened, Fang Hong had already instructed the beautiful assistant to notify several market makers of Xingyu Technology to release some selling pressure and take advantage of the surge in these five days. At this time, a little bit of leading the way can curb its momentum.

Because Xingyu Technology has accumulated a surge of +25% in these five days, it has accumulated a lot of profit-taking funds in the short term. Suppression can drive the profit-taking to withdraw. The market will interpret it as a positive realization and will enter an adjustment in the short term.

Xingyu Technology is so big now that a 1% increase means a market value increase of nearly 200 billion, which is really terrifying. The key is that the weight is so large that the impact on the New Securities 50 Index is becoming more and more obvious.

Fang Hong has planned to weaken the weight of Xingyu Technology on the New Securities 50 Index, but not by adjusting the calculation formula of the index, but by "cutting off" the market value of Xingyu Technology, that is, letting the company repurchase shares from the secondary market and cancel them.

…