Chapter 943 [Foreign capital that continues to buy is the ticket that does not dare to touch the galaxies]
Xiao Quan's words were very heavy, and he knew very well the great energy of the gold lord behind him.
Look at how Wang Qingxiong of Hengtong Pharmaceutical Group was wiped clean and ruined, and you can know the methods of this gold owner.
Some of them don't belong to their own profits, even if they are at their fingertips, they can't reach out and take them, and the eight characters are not hard enough, and if they take it, they don't know how to die.
Pengrui Capital is now hugging the thigh of the gold owner's father, which is the main one who is super obedient, and the benefits are indispensable, and he has never been treated badly by the gold owner's father.
Eat a meal but may be beaten to death, and eat a meal can put ten thousand hearts in peace, how to choose, Xiao Quan knows.
In the past few years, he has hugged the thigh of the gold owner's father, even if he has not entered the core circle of friends of others, he still eats fragrant and spicy food, and eats to his heart's content.
Xiao Quan knows very well that he can hug the thighs of the gold master, not that he is irreplaceable in the gold master's father, it is all because he got into the car to hug this thigh, if it is changed to now, if he wants to become a pendant of the thighs of the giant, he may not be able to do so.
Now I don't know how many people want to become a pendant on the leg of the giant, but they can't ask for it?
Therefore, the work that came down from the gold master's father's side, no matter how big or small, was all handled as a top priority, and it was still the highest priority.
……
On the other hand, the A-share market also opened as scheduled, this morning the Shanghai Composite Index opened low and went low, and once fell below the 3200 point mark in the intraday, and then it fluctuated flat, and in the afternoon the two cities began to show shocks higher, and achieved a red turn to rise, and then the end of the market continued to pull upward.
One of the heavyweight bullish forces is the listed companies of the galaxy, and the wealth fund is still a buy-buy-buy-buy trend.
At the close, the Shanghai Composite Index closed up +1.89% at 3,302.41 points, recovering the 3,300-point mark again.
In terms of individual stocks, the resumption of trading in today's headlines of backdoor listing, opened in the morning with a second board, an increase of +44% to trigger a suspension, and the stock price rushed to the price of 4.61 yuan, and the market value also climbed to 57.6 yuan.
After the reorganization, Toutiao has an initial valuation of 4 billion, a compound price of 3.2 yuan per share, and a total share capital of 1.25 billion shares, of which 250 million shares are tradable.
Wealth funds have a heavy position in this stock, holding more than 63 million shares, accounting for more than 5% of Toutiao's total share capital, and holding restricted non-tradable shares. Wealth funds hold stocks in Galaxies and haven't thought about sticking to them for a decade or two.
At present, it already holds a 5% stake in Toutiao, and the wealth fund will continue to buy from the outstanding shares in the secondary market.
In the future, it will continue to buy, and there is no need to worry about the possibility of investors redeeming wealth funds, even if they really face a large-scale redemption one day in the future, they do not need to deal with it by reducing their holdings of stocks and cashing out.
Investors can redeem it casually, even if 2 trillion plates are redeemed, Qunxing Capital can afford to carry this bottom, and the big deal is that the parent company buys back the equity of the subsidiary.
……
On the second day, the A-share market retraced -0.49%, and in the next market, the large-market index once again started to rise, and northbound funds, that is, foreign capital, also continued to flow into the A-share market at this time.
Northbound funds have been introduced into the A-share market through the Shanghai-Hong Kong Stock Connect mechanism in November last year, and foreign capital as a whole is showing a trend of buying, buying, buying, but the current northbound funds can only participate in the stocks of the main board of the Shanghai Stock Exchange, and the main board of the Shenzhen Stock Exchange has not yet been opened, and it is not surprising that it will be introduced into the main board of the Shenzhen Stock Exchange through the Shenzhen-Hong Kong Stock Connect mechanism in December 2016.
However, the proportion of foreign capital entering the A-share market is relatively small.
In fact, they really want to get involved in these targets, but the 2013 wave of epic eighteen consecutive suffocation incidents made them shy away every time they thought about it.
Now the domestic and foreign investment circles have come to know one thing, that is, even if you have a big face on Wall Street, someone else will buy your account, but here in Fang Hong, it is not easy to do it.
Based on this situation, the disadvantages of foreign capital, especially Wall Street capital, that want to play with the market of listed companies in the galaxy are too obvious, and the inflow of foreign capital is basically in a situation of open cards, even if they want to rely on the "holding" of this curve to enter the market, it is difficult to cover themselves.
Because the equity structure of the listed companies in the galaxy is on the shelf, removing the Guo Jia team organization, they are basically their own descendants, plus some scattered and negligible retail shareholders, after filtering out these, the rest will be regarded as foreign capital eighty percent will not be wrong, even if it is not foreign capital, it can be determined that there will be no big flood that washed the Dragon King Temple.
For foreign capital, the game in this situation is very passive, you dare to take a heavy position will expose yourself, further you can't guess and predict when Fang Hong will pull the gate, this passivity is completely uncontrollable and full of unpredictability, the slightest carelessness will be directional blasting, just like in 2013.
Therefore, foreign capital does not dare to intervene in the listed companies of the galaxy on a large scale, in fact, it is true, although there are also sporadic foreign capital buying, but the proportion is too small, just a little mosquito leg meat.
The proportion is small, Fang Hong naturally does not have any idea of blasting and harvesting, and it is harmless.
In the last three trading days of the week, the Shanghai Composite Index closed up +0.15%, +1.78% and +0.70% respectively, and the index closed at 3372.91 points, and the intraday high of 3391.25 points on Friday, which is already one step away from breaking through the previous high pressure level of 3406.79 points.
This week's continued upward trend in the market has benefited from an important piece of good news, that is, the draft amendment to the Securities Law has once again blown about the registration system.
The village chief said that the implementation of the stock issuance registration system is premised on the revision of the "Securities Law", and the revision of the "Securities Law" needs to be read three times before it can be implemented. According to the relevant arrangement, the amendment to the Securities Law is expected to be read for the first time in late April.
As for the revision of the Securities Law, including the promotion of marketization and deregulation, this is an important expectation for the market to usher in an upward trend.
The capital market is the most hopeful that you don't care about anything, which says that the registration system will be carried out later, and the supervision will be relaxed, which is definitely a major positive expectation for the market, and a large number of over-the-counter funds have begun to enter the market quickly.
After the weekend, on Monday, March 16, the A-share market rose in volume, opening high and going high, and the Shanghai Composite Index rose +2.26% on the same day, closing at 3449.30 points, breaking through the previous high in one fell swoop, and walking out of the bald long yang line, and the closing price was the highest price of the day.
Finally broke through this heavy pressure range, a lot of funds outside the market are waiting for a breakthrough, as long as there is a breakthrough, there will be a large amount of funds entering the market, which was confirmed the next day.
On Tuesday, March 17, the A-share market rose again out of the five consecutive yang, and continued to open high on the same day, rising +1.55% to a new high, and the Shanghai Composite Index market rushed to 3504.12 points throughout the day, and finally closed at 3502.85 points, standing on the 3500-point integer mark in one fell swoop.
The entire market is activated again.
After today's close, A-shares broke through the second highest in 2009 at 3478 points, which is also the first time in nearly seven years that the big A stood at the 3500-point mark, from the original fall to the lowest 1849 points, the Shanghai Index has risen by more than +89%.
Breaking through 3478 points and standing above the 3500 point mark, all funds in the market agree that the consolidation of the A-share market is over, and it is necessary to open a new period of bull market main rising waves.
……
(End of chapter)