Many institutions are very optimistic that the valuation of Xingyu Technology, a super large-cap stock, on the first day of listing is priced at about 4 yuan to 4.5 yuan, and the corresponding market value is 1.1 trillion to 1.24 trillion yuan, and the corresponding intraday range increase is about +57% to 77%.

Because there is no limit on the price increase on the first day of listing.

The limit on the price increase on the first day of listing was implemented after January 1, 2014, and the maximum increase in the share price is 44% of the issue price, although there is no such rule now.

In the long run, experts and many institutional analysts generally see the target market value of Xingyu Technology above 2 trillion yuan, and the price per share above 8 yuan.

Some analysts believe that Xingyu Technology, as a super large-cap stock, has a certain degree of comparability with CCB and Shenhua on the first day of listing.

There are also institutional analysts who are super optimistic that the probability of Xingyu Technology doubling on the first day of listing is extremely high, and it is even expected to directly surpass the 1.6 trillion market value of Zhongyou Petroleum on the day of listing to top the market value of the A-share market.

Blowing the performance side and blowing the fundamentals, blowing the fundamentals and blowing the future imagination space, in short, all kinds of blows, all kinds of optimistic about this stock from all aspects.

The primary market is booming, and the IPO of Xingyu Technology has become the most eye-catching event in the capital market.

How popular is it?

The total amount of funds raised in the initial IPO was 73.71 billion yuan, 63.71 billion yuan was allocated to offline institutions and large investors, and 10 billion yuan was allocated to online IPOs.

The total scale of frozen funds confirmed for offline subscription has reached 394.9 billion yuan, more than six times the subscription scale, and institutions are rushing to subscribe, eager to divide up the 10 billion yuan for retail investors.

However, compared with the total frozen funds of the listing of Zhong Petroleum as high as 3.37 trillion yuan, it is still a small thing, and no one has broken the record of frozen funds in the listing of Zhong Petroleum.

But it is also impossible to generalize, when Zhong Petroleum was listed, it was during the super bull market, and the market was super optimistic about Zhong Petroleum, and there were even jokes that "if you buy PetroChina, you don't have to worry about food and clothing", "I don't know about Zhong Petroleum when you speculate on stocks, and it is in vain to speculate on stocks for ten years".

At present, the IPO of Xingyu Technology is listed, the big A is in the bear market stage, the liquidity is almost exhausted, and the market index is also at 2000 points.

In this case, there can be close to 400 billion funds to grab the 63.7 billion, which is already a significant increase in expectations.

The primary market is booming, but the secondary market is extremely stretched.

After the weekend, the A-share market was sideways for two days, on Wednesday, September 26, the Shanghai Composite Index broke down -1.24% to close, and hit a new record low, the index closed at 2004.17 points, the lowest intraday kill fell to 1999.48 points, once fell below the 2000 integer mark, and closed above 2000 points after the market.

There is no minimum, only lower.

The primary and secondary markets show a pattern of ice and fire, and many shareholders dump the reason why the market fell below 2000 points to Xingyu Technology, and they blame Xingyu Technology.

The reason is that the company's IPO is about to drain the funds in the market, not only did not increase the funds to enter the market, but there were also funds withdrawn from the market to rush to subscribe for the initial fundraising of Xingyu Technology.

Look at the fact that there are almost 400 billion funds frozen now.

I have to say that to a certain extent, it does have a siphon effect on the secondary market, some institutions or large investors, the money in his hand originally planned to enter the secondary market to buy stocks, but at this time, Xingyu Technology's IPO fundraising, he changed his strategy and went to subscribe for this stock first.

Including some large investors or institutional investors who hold stocks on the market, they may also flow out to subscribe for the initial IPO of Xingyu Technology, and the total frozen funds of nearly 400 billion are the most intuitive data performance.

Because the issuance market value of 700 billion is not only not overvalued, but is definitely seriously underestimated.

S3 mobile phone sales are rising, the company is still adding orders for chip processors, and new expected space is opening.

Investors in the whole market are extremely convinced that the total market value of Xingyu Technology is definitely trillions, and some experts and institutions may be a bit too much to sing more than 2 trillion, but now the market value of 700 billion is absolutely bought and earned, and there is an expectation of double.

This kind of trading with a high probability of making money is naturally squeezing through the threshold and competing to participate in the subscription.

It's just that the secondary market suffered, and when it fell on Wednesday, the trading volume of the Shanghai Composite Index was only a pitiful 38.4 billion throughout the day, and there was really no one to play, or it was lying flat and pretending to be dead, and there were still people running away from the on-site funds, and there were no over-the-counter incremental funds at all.

……

The next day, Thursday, September 27.

When the shareholders of Big A were desperate, incremental funds began to enter the market in the afternoon.

Since the index came to around 2000 points, Qunxing Capital has been gradually buying the bottom.

As one of the super main forces in the market, Qunxing Capital does not take a position in a day like small retail investors.

The current Qunxing capital is not the same as two or three years ago, and the amount of funds today is not the same, and this layout is also for the epic bull market in 2015.

To complete the layout, it will take at least one to two years to complete the bottom position.

The strategy of opening a position is that the executor abandons me to take, if you are willing to cut the meat in this position, I will take it, if you don't cut me, the index is too low, and from time to time the protection of the plate is raised, and the village is also happy, and the turnover rate is also out.

It is no exaggeration to say that with the liquidity that Qunxing Capital now has, if it is a deadlift and dry pull regardless of the cost, it can really lift the entire A-share market from the current 2,000 points to more than 3,000 points in a month without any problems.

But this kind of "good people" is obviously not to be done, and this kind of thing can only exist in theory.

……

At about 13:15 in the afternoon, the brokerage sector moved up, and continued to rise for 15 minutes, leading the market index to rise in a straight line, and the Shanghai Composite Index rose by more than 3 percentage points at about 13:30, and the Shanghai Composite Index reached the highest position of 2068 points.

This is Qunxing Capital protecting the disk, and by the way, while protecting the disk, it continues to increase its holdings of chips, and it is over when it is bought with its eyes closed near 2000 points.

If you want to protect the disk, close your eyes and pull the three fools of finance.

As of the close, the Shanghai Composite Index rose +2.60% to close at 2056.32 points, and the trading volume was more than 200 billion compared with yesterday's volume.

If Qunxing Capital does not come out to take the lead in going long today, the broader market index will most likely go below 2000 points.

The next day, Friday, September 28, is the last trading day before the National Day.

In the morning, the Shanghai Composite Index opened low and went high, taking a unilateral shock upward market, closing up +1.45% after hours, closing at 2086.17 points, or the incremental funds of Qunxing Capital are acting as the bulls' standard-bearer to push the index upward.

More than 15 billion entered the market today, and more than 17 billion entered today.

The rebound of the two long white candles can be regarded as a stable long holiday for stockholders.

……