My Fintech Empire
Chapter 1509 [End of 2019]
In the following days, both sides continued to fight hard, and the major platforms on the external network were also forced to continue to fight hard.
There was no way. The first dialogue ended so neatly. Even if the Squid Group really wanted to admit defeat and compromise, it was impossible for them to come again the next day with a big face. No matter what, they couldn't pull this face.
Therefore, they could only bear the loss and continue to fight on the field for a while. At that time, they would start a new round of dialogue and negotiation. At least it would look better on the surface, although they had no face in Fang Hong.
The Squid Group has exposed its nature of bullying the weak and fearing the strong. It mainly plays a strong role when it encounters the weak and leans against the wall when it encounters the strong.
Fang Hong didn't indulge them at all. As soon as the meeting ended that day, he said hello to Chen Yu not long after returning home.
Increase the intensity, continue to increase the intensity.
Not only can the intensity not be reduced, but it must continue to upgrade and output more fiercely.
At this juncture, we cannot stop when we are ahead. If we reduce the intensity, the brain circuit of the Shuaang Group will think that you are a coward, and they will immediately climb up the ladder. Although they will not make any waves in the end, they are still annoying.
…
At the same time, 2019 is coming to an end, and the A-share market has the last 7 trading days to put an end to 2019.
After hitting 6200 points on December 17, the Xinzheng 50 Index entered an adjustment period. In the past few days, it has been fluctuating in a small box between 6150 and 6200 points.
However, after the weekend this week, the Xinzheng 50 Index fell below this box fluctuation range when it opened on Monday, December 23, and closed down -1.20% on Monday, with the index closing at 6082.49 points.
This trend made many people think that the New Securities 50 Index would go down to test the support of the 6000-point integer mark, but the next day, Tuesday, it directly reversed and went out of three consecutive positives in one breath, closing up +0.84%, +0.04% and +1.16% respectively, and the New Securities 50 Index returned to the 6200-point mark again.
On Friday, it went out of a line and closed down -0.26% on the day, but on Friday it broke through the historical high of 6217.05 points on December 17 to create a new high, and the highest intraday reached 6247.35 points.
After the close of this week, there are only two trading days left in 2019.
On Monday, December 30, the market once believed that the New Securities 50 Index would face adjustments again, and it would go out of a small "M" head top pattern in the short term, and it once again went out of the reverse market beyond expectations.
The Xinzheng 50 Index bottomed out and rebounded in the morning, fluctuated higher in the afternoon, and hit a new historical high at around 14:00 in the afternoon, closing up +1.19% at 6264.70 points on the day.
On Tuesday, December 31, the last trading day of 2019, the three major A-share indices closed in the red today.
As of the close, the Xinzheng 50 Index rose +0.45% to 6292.84 points, setting a new historical high; the Shanghai Composite Index closed up +0.33% at 3050.12 points, returning to the 3000-point mark; the Shenzhen Component Index closed up +0.63% at 10430.77 points and also returned to the 10,000-point mark.
The two neighboring cities have been very proud of themselves this year. The Shanghai Composite Index rose by +22.30% and the Shenzhen Component Index rose by +44.08% throughout the year. However, this was all because of the severe decline in 2018. As of today, the Shanghai Composite Index has only reached the 3,000-point mark.
The current A-share market still has to look at the SGX 50 Index, which rose by +47.69% from 4260.80 points at the beginning of the year to 6292.84 points at the end of today, with a year-round increase of +47.69%, and four consecutive positive lines on the annual line.
The SGX 50 Index has been open for four years. In the past four years, it has risen by +98.39%, +46.57%, +46.52% and +47.69% respectively, with a cumulative increase of +529.28%. From the historical lowest point of 780.15 points, it has set a cumulative increase of +706.61%, with a cumulative increase of more than seven times in four years. It is really a bullish mess.
From a global perspective, the performance of the New Securities 50 Index this year did not continue to top the list, but ranked fourth.
This year is the era of global nuclear power money printing. More than 30 banks announced interest rate cuts this year. Against this background, the global stock market has also swept away the haze of 2018, and major stock markets have ushered in a general rise, no longer like in 2018 when only the New Securities 50 Index stood out.
118 of the 133 major indices in the world have achieved an increase, and the most evil one is the Venezuelan IBC Index, which soared +5520.53% throughout the year, but this small Karami market can be ignored.
Among the top five indices, the four indices after the IBC Index are the Brazilian Electricity Index (annual increase of +55.54%), the ASE Composite Index (annual increase of +49.65%), the Dongda New Securities 50 Index (annual increase of +47.69%) and the Ross RTS Index (annual increase of +44.93%).
The other four of these five indexes have risen well, but their size is not large and they cannot accommodate large amounts of funds.
Now among the major global capital markets, only the stock markets of Dongda and Beimei are large enough to accommodate large amounts of funds, and the Xinzheng 50 Index still firmly suppresses the three major stock indexes of Beimei in 2019.
The Nasdaq Composite Index, which has seen the best growth in magnesium stocks this year, is also ranked tenth, with a full-year increase of +34.82%. As for the Dow Jones Industrial Index, it is directly ranked 49th, with a full-year increase of +22.01%, which is even worse than the Shanghai Composite Index next door.
…
The next day, January 1, 2020, is New Year’s Day.
On the first day of the new year, Tian Jiayi reported to Fang Honghui with a capital market data report compiled by Qunxing Group: "The global stock market in 2019 is running wild, and the global stock market value has increased by 19%. Trillion US dollars, it has risen from US$71 trillion at the beginning of the year to the current US$90 trillion. The stock market has had its best annual performance in 10 years, and the magnesium stock market has also achieved its largest annual increase in six years.”
It’s not surprising that the market has surged this year. Loose monetary policies around the world have provided a year of support for the stock market. In short, everyone is printing money at full capacity, and the old magnesium has cut interest rates three times during the year.
After a while, Tian Jiayi lowered his eyebrows and browsed the information in his hand and read: "In terms of the A-share market, the total market value of the SGX ended in 2019 rose to 75.32 trillion, an increase of 184,900 compared to last year's 56.83 trillion. 100 million."
"This year, a total of 347 companies have registered and listed on the SGX market, and a total of 49 companies have been delisted. The current total number of listed companies is 1,829."
Since the number of listed companies in the SGX market exceeded 600 in 2016, the number of registered and listed companies has been on a continuous downward trend in the following three years.
None of the companies that were registered and listed in the first two years have delisted. At that time, all the products were good, and they were all selected from the best. Especially those listed companies that landed on the SGX market in 2016, Fang Hong personally checked them.
In the second half of this year, more than 30 companies were forced to delist, and there are currently 12 listed companies that have been suspended and confirmed to be delisted.
If we follow the standards of the two neighboring cities, the 49 listed companies on the SGX market that have been delisted include 12 listed companies that are about to be delisted, and 55 of them do not need to delist.
But in the SGX market, these companies have to withdraw, and there is no room for negotiation.
The delisting mechanism of the SGX market is exerting its function of optimizing the allocation of market resources, and its survival of the fittest mechanism has also begun to take effect.
At this time, Fang Hong asked: "How many companies have been listed on the Shanghai and Shenzhen stock markets next door this year?"
Tian Jiayi flipped through a few pages of documents and then answered: "Data show that the number of newly listed companies on the Shanghai and Shenzhen stock exchanges in 2019 was 203, an increase of 98 compared with 105 in 2018, an increase of nearly double."
The number of newly listed companies on the SGX market has been declining for three consecutive years. The number of more than 300 companies this year has dropped by almost half compared with the more than 600 companies in 2016. On the contrary, the two neighboring cities have continued to grow rapidly. Anti-increase.
The current A-share market has become the market with the largest number of listed companies in the global stock market. The two neighboring cities have reached an astonishing 3,760 companies. Together with the 1,829 companies in the SGX market, the total has reached a record-breaking 5,589 companies.
…
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