Afternoon opens.

The Shanghai and Shenzhen stock markets continued to fluctuate upward.

At 13:31, major market software pushed messages:

[The consumer electronics sector continued to strengthen in the afternoon, Xingyu Technology rose +9.94% to close the limit, the stock price hit a record high of 8.63 yuan, and the market value was 2,376.313 billion yuan, and the stock has risen +239.76% since its issuance and listing]

The Chinese military leader hit the price limit, and the market once again staged an elephant dance, and the original net outflow of funds turned into a net inflow of 163 million yuan.

At the same time, the quantitative capital that resumed trading today also tried to hit the second temporary stop again.

But it still failed.

Once again, it was beaten down by the short side funds, but the funds are continuing to buy, because there are expectations, it is difficult to fall, and the probability of returning after the holiday to continue to rise is greater.

And Kyushu Blue Arrow, Yixing Video, Weibo and other galaxy concept stocks also hit record highs one after another today.

The shareholders all knelt down.

Last year's market was so bad, but the concept stocks of the galaxy were alone against the trend, walking like U.S. stocks, either new highs or on the way to new highs.

Countless investors watched them soar all the way.

The higher it is, the more you dare not buy, the more you dare not buy, the higher it rises, until now it is unattainable.

In addition to the quantitative capital and Xingyu Technology listed today, the stock prices of other galaxy concept stocks are all 100 yuan stocks, and many retail investors can't afford to buy a lot even if they want to.

Last year's No. 1 bull stock Yixing Video became the first stock in the history of the A-share market with a stock price exceeding 1,000 yuan, which was not expected by everyone, and it would take at least 100,000 yuan to buy a lot.

The current market value of the stock has reached 192.3 billion yuan, and the stock price has reached 1028.35 yuan, and it costs more than 102,800 yuan to buy a lot.

The high stock price is actually a good thing, and it is also a kind of threshold in itself, which prevents many retail investors from chasing high, so as not to be bored by the pond fish next.

When the gate is opened, it is a net of big fish and small fish.

……

With the passage of time, the Shanghai Composite Index soared to 2443.03 points, out of a new high this year, and the intraday increase also expanded to 1 percentage point.

However, at 14:02, Xingyu Technology's price limit exploded.

Foreign capital is continuing to sell.

At the same time, the index has just come out of a new high for a few minutes, because the fried board of the Chinese military leader has also affected the market sentiment, and the Shanghai Composite Index has fallen, because at this moment, not only Xingyu Technology has fallen, but also several major listed subsidiaries of the galaxy are also falling to varying degrees.

Today, the trading volume of the two cities has also shrunk, because it is going to be the New Year, and the trading volume has not been released in recent days, so everyone has to take out funds to go to the New Year, and there is not much incremental capital coming in, which is also normal.

At the close, the Shanghai Composite Index closed up +0.57% at 2,432.40 points.

In terms of individual stocks, Xingyu Technology closed up +7.39%, with an after-hours share price of 8.43 yuan, a full-day trading volume of 8.733 billion yuan, and a market value of 2,321.242 billion yuan.

In addition, the quantitative capital that resumed trading today finally closed up +1618.47%, with a share price of 42.79 yuan per share, a full-day trading volume of 1.935 billion yuan, and a market value of 59.82 billion yuan.

With today's closing, the last trading day before the Spring Festival, the two markets closed in the red, which is quite successful.

Shareholders are still very satisfied with the trend of the big A in the last two months, although today did not pull the big white line to close in the red, and the Chinese military leader closed the board and exploded, but the market index and the Chinese military leader both walked out of a new high today.

Overall, it is flawed.

After all, it's going to be the New Year, and it's normal not to have too much incremental funds, and most of them will have to increase after the Spring Festival.

Whether it is the large-market index or the leader of the Chinese army, they have maintained a strong upward trend, and the market is definitely not over.

……

During the Spring Festival, the country is welcoming the New Year.

The people of Xingyu Technology are negotiating with Qualcomm about the seizure of 47 million S680 mobile processor chips, and the outside world is completely unaware of the game.

Fang Hong did not go back to his hometown for the New Year, and the Spring Festival was spent in Xincheng.

During the annual vacation, he was not idle, but began to arrange the affairs of the entire semiconductor industry chain.

……

On Wednesday, February 13th, Meditation Villa.

In the living room downstairs, there is a huge panorama of the entire semiconductor industry chain laid on the ground at this moment, and only Fang Hong, Tian Jiayi and Yu Qiu are here in the villa living room, and the other sisters have gone back for the New Year.

From the fact that Xingyu Technology's 47 million mobile processor chips were deducted, Fang Hong determined that the suppression of the high-end chip industry chain will come soon, at most at the end of this year.

At that time, it will accelerate the establishment of the national integrated circuit industry investment fund, which is very crucial.

In the construction of the whole semiconductor industry chain, talents and funds are very important, and the problem of "hanging" in this part of talent is not big, and the capital part also needs to be thoughtful.

Qunxing Capital cannot directly invest in the semiconductor field with high-profile fanfare.

If you do this, the opponent will inevitably take action from the problem of funds, you Qunxing Capital is so rich, the reason why you are rich is that the harvest in the global capital market is too ruthless, forcing the beautiful country to rush at any cost to find the capital of Qunxing Capital.

Fang Hong also has some scruples about doing this, there is a way that he is not afraid of thieves stealing, he is afraid of thieves, this matter cannot be too careless, not to mention that Qunxing Capital has been targeted by Wall Street for not a day or two.

If the income of Qunxing Capital is affected, many things will go wrong, and it will trigger a chain reaction, which is actually one of the reasons why Fang Hong does not let Qunxing Capital increase leverage.

However, the establishment of the whole domestic semiconductor industry chain not only requires talents, but also abundant and stable financial support, which can only rely on the blood transfusion support of Qunxing Capital, and the state has given more than 100 billion yuan of funding support, which is actually quite a lot, but it is far from enough for the entire semiconductor industry chain.

At this time, as long as Qunxing Capital continues to provide financial support, and Fang Hong's response strategy is the establishment of the National Integrated Circuit Industry Investment Fund, Qunxing Capital secretly provides financial support, and on the surface, it allocates funds to support this industry in the name of national finance.

In this way, Qunxing Capital will take itself out, and the beautiful country will not be overly concentrated on Qunxing Capital.

And doing so is equivalent to Qunxing Capital not taking credit, there is no reason not to agree, and the boss is also happy, after all, if it doesn't work, the country has no loss, and the leader is wise when it happens.

Qunxing Capital does not take credit, but if you want to do it, the money is all from Qunxing Capital, so how to do it should be handed over to Qunxing Capital, and there is no place to refuse such a request.

In this way, how to invest money is the decision of Qunxing Capital.

However, Qunxing Capital will still not come forward to manage directly, but will launch agents and make decisions behind the scenes.

In addition, for those enterprises in the entire semiconductor industry chain that they support, Qunxing Capital is only a minority shareholder on the surface, and it does not cover the entire industry chain, but most of them are nested and held through a complex equity structure, and Qunxing Capital is the best at doing this kind of thing.

In short, the whole link is walking on two legs.

One leg is the "curve entry" of Qunxing Capital's funds, which are then allocated by the state to large funds, and then large funds invest in major semiconductor companies in the industrial chain; The other leg is that Qunxing Capital "secretly holds" those invested semiconductor companies, which are de facto major shareholders.

Investing so much money is naturally not in vain, Qunxing Capital has made the greatest efforts in the entire semiconductor industry chain, and it will naturally eat the biggest piece of cake if it succeeds in breaking through in the future.

……

(End of chapter)