By Saturday, December 26.

SGX-related news has been further revealed, with a number of issuers releasing some blockbuster data.

The focus is on the issuance of the new stock 50 ETF fund, which investors can subscribe for through the official website of the fund company or a third-party distribution platform, and can sell it on the day of listing, or of course, they can continue to hold it.

Securities companies also belong to the distribution agency, Xinhong Securities on the distribution of the new 50 ETF fund, at present, there are Yi Fangda, ICBC, Huaxia and other five issuers have launched their own new 50 ETF fund products, the issuer is different, but investors buy basically the same as the same, because they are all passive index funds that track the new 50 index.

"The data results are out, according to the caliber data statistics summarized by all parties, SGX is highly sought after by the market, and this time it is real money." At this moment, Tian Jiayi is reporting to Fang Hong: "The issuance of the five new stock 50 ETF funds has been a great success, with a total plate size of 67.558 billion yuan, all of which have reached 10 billion yuan, especially the plate of the 'Huaxia New Stock 50 ETF Fund' has reached 21.6 billion yuan for the first time. ”

Obviously, this data far exceeds market expectations, and everyone knows that the SGX listing is highly anticipated by all kinds of funds, but they did not expect that investors are so enthusiastic and will be so optimistic about this new market.

"According to incomplete statistics, the amount of funds invested in the initial subscription of on-exchange ETFs, LOFs and over-the-counter ETFs, LOFs and active funds exceeded 160 billion, and the popularity of SGX exceeded everyone's expectations. ”

These are basically small and medium-sized retail investors who have no entry barriers, and they cannot directly buy SGX stocks, so they turn to buy these funds to indirectly invest in SGX stocks.

Fang Hong couldn't help but nodded, and said to himself: "It's not bad, plus some private equity institutions and retail investors, there is no problem with the overall scale exceeding 200 billion." ”

Tian Jiayi couldn't help but smile and said: "The group of people who sang short about the top-level design mechanism like the SGX and no one played it are now collectively silent, and this kind of popularity is called unpopular?" Is this called nobody playing? ”

Fang Hong also smiled without saying a word.

Facts have proved that K-God is now as influential and appealing as ever.

At present, the more top-level groups in the capital circle now have a new consensus, and the investment companies on the main board do not necessarily make money (secondary market), but the company must make money when listed (primary market).

Based on this situation, the conclusion is that if you want to make money from the primary market, you can play the main board, and if you want to make money from the secondary market, you should go to the SGX.

And it is more likely that the SGX here can make money in the primary market, the secondary market, and the secondary market can make money, so it will be difficult for the primary market to lose money, and it is relatively difficult for SGX to make money here, which is the biggest difference.

For those who really want to do sunshine investment, they are obviously more willing to play on SGX.

After a while, Tian Jiayi said: "By the way, there is another thing, according to foreign media reports, the stock god Buffett has expressed a strong interest in the SGX recently, and he also commented on the SGX when he was interviewed by foreign media, and the overall bias is positive, in addition, some overseas capital institutions are also optimistic about the SGX, and some institutions even hope that the SGX can open the northbound capital channel." ”

It is worth mentioning that SGX is currently not open to foreign investors, and northbound funds cannot trade SGX stocks.

Fang Hong smiled calmly and said: "It shows that the real good things, the master is knowledgeable, and the capital is the nature of profit-seeking, Europe and the United States have accumulated more than 100 years of rich experience in playing finance, and some experts know that this market is very different from the main board after reading the rules of the top-level design system of the SGX." ”

Overseas capital investment institutions have not only seen the shadow of the Indu stock market from the SGX, but also the shadow of the US stock NASDAQ index, and they are quite familiar with it in many places.

This is indeed the case, because Fang Hong is not brainless, although he is unhappy with Americalika, but he will not deny the good things of others because of his position. When Fang Hong made the top-level design for the SGX, he also absorbed the advanced things of the mature European and American capital markets, but instead of directly copying them, he took the essence and then removed the dross, and finally analyzed them in combination with the actual local situation, and adapted measures to local conditions and guided the situation to have today's SGX.

For example, we still adhere to the T+1 mechanism, which is the embodiment of starting from the actual local situation, T+0 is indeed not suitable, and it may be possible in the future, but at least it is not suitable for a long time now and in the future.

Tian Jiayi said thoughtfully: "The SGX does not open investment channels to foreign investors, but if foreign capital really wants to come in, there is a high probability that it will not be able to completely stop it, and it is completely possible to let funds enter through the means of 'curve entry into the market'." ”

The so-called "curve market" means that diving funds are entered through proxy holdings, hidden holdings, etc.

Fang Hong said: "I didn't think that I could absolutely block foreign capital from entering the market, nor did I plan to do so, the scale of the curve into the market will not be much, and I don't dare to blatantly do things, this is very good, it can be used by me, why not?" ”

The way of entering the market from the point of view of the curve is procedurally non-compliant and illegal, which means that foreign capital will naturally not dare to see the light of day, and it will not dare to make a big move in the matter.

So once he is caught and locked by Fang Hong, whether it is a direct directional blast or a blind eye, the initiative is in his hands.

In this way, foreign capital can also give full play to its value for its own use, bringing financing capacity to the SGX, as long as it does not engage in honest normal investment, taking reasonable profits Fang Hong is also acquiescing, and no one will come at all.

In Fang Hong's long-term plan, it is also to compete with Europe and the United States for the right to speak in the financial field on a global scale, in other words, the SGX will definitely open up foreign investment channels in the future.

After I have the pricing power in this field, I welcome investors from all over the world to come to my market to play, and even come to my market to be listed, so as to provide enterprises around the world with another option other than "listing in the United States": listing in China.

For example, in the future, let the local tyrants in the Middle East also get some companies to be listed on the SGX, Qunxing Capital is also planning the layout of the African market, as well as countries and regions along the way, for some friendly partners, it is also possible to select some good project companies to be listed on the SGX.

To realize this long-term strategy, of course, it is necessary for people to make money, and the reasonable return on investment of others must naturally be taken away by them, so that more people are willing to play, and in order to further strengthen their financial discourse and market pricing power in the world.

However, at present, the SGX must not be able to open up to foreign investment, because the time is not yet ripe, and the key depends on the speed of the aircraft carrier's launch.

After all, if you want someone to put something in your place, you first have to prove to others that you have the strength to ensure that the thing is safe and not snatched away, and even if someone takes it away, you have the ability to take it back, so you have to show your muscles and bowl power, so that people can see and believe that you can hold the scene, then he can rest assured that he will leave the things here for safekeeping.

No matter how this world is embellished, the international community has always followed the rules of the game according to the law of the jungle.

……