In a WeChat exchange group of a travel capital circle, the well-known tour capital "following the flow" is also in this exchange group composed of more than a dozen people, seeing the current market situation and sentiment, he sent a message in the exchange group:

[I withdrew from the main board, judging from the transaction details, retail investors are smashing the market and fleeing, while the new stock 50 index is skyrocketing, the retail investors on the main board are voting with their feet, and all the funds for cutting meat and cashing out are going to buy the new stock 50 ETF, this time the retail investors are not the same as before, and more than eighty percent of them are likely to never come back. ]

Another player in the group also sent a message:

[Yes, I agree with this point of view, the live broadcast of K God on the weekend made many people break the big defense, and I didn't do the anti-draw board mark that I had planned before, for fear of being buried alive, a friend of mine has been smothered by the mass smashing of the retail army, it's too scary to sell this pressure.] ]

Another tour capital sent a message: [The main board is now either open empty, or don't stretch out your hand, open more and go to the SGX, the opportunity to do long is over there.] ]

Sending a message with the flow: [I have gone to the SGX to open more, now this situation, the current mood, there is now a lot of money with your eyes closed, follow the market. ]

Soon there was a message from Youzi: [It is worthy of you, the person is as his name.] ]

……

At this moment, the A-share market is staging an unprecedented and rare extreme ice and fire market.

At around 10:07, major market software pushed messages:

[The New Securities 50 Index stood above the 1400-point mark for the first time, and the increase expanded to +6.39%; The Shanghai and Shenzhen markets accelerated their diving, and the Shanghai Composite Index fell to -5.36%]

On the one hand, the New Stock Exchange 50 Index was bought by the army of retail investors through five ETF funds, and on the other hand, the Shanghai Index was smashed by the army of retail investors.

The bottom chips are really loose this time, but many institutional funds, private equity funds, and floating funds are all shocked.

Few people dared to take it, because this time the meat cutting behavior of the retail investor army was very different from any previous time, and the people who cut the meat this time said goodbye, and they would not come back to play this game in the future, and they turned around and bought the new stock 50 ETF without hesitation.

How dare you take such a chip? After taking it, retail investors don't come to chase high, who can they sell to? If you can't sell it, you'll be completely smashed in your hands.

Because of this, the current main board is even the capital and big funds are rushing to run, and if they don't run, they will be smashed through by retail investors.

As a result, the Shanghai Composite Index was smashed through, and it collapsed directly, losing 3,000 points and collapsing from 3,078 points all the way to 2,905 points, and 2,900 points were in jeopardy.

The market here is cold and biting, and the SGX next door is enthusiastic, the two are in stark contrast.

The stock bar forum, major stock exchange groups, and the heated atmosphere of retail investors are extremely hot.

[In the morning, the auction was directly linked to the limit, and at 9:25 the transaction was made to free up funds, and the backhand chased the new 50 ETF, and now it is 7 points, comfortable!] ]

[I also cut the tickets for the main board by the opening directly, and then bought the new 50 ETF, this decision is too wise.] ]

[I watched the live broadcast of K God last Saturday, and it was really broken, and I made up my mind at that time, and I opened today to cut it directly, without any souvenirs, and after the cut, I either closed the account directly, or I only bought the new 50ETF. ]

[Cutting is right, getting out of the sea of suffering, buying the new 50 ETF is to embrace a bright future.] ]

[If you want to make money, come to SGX, and if you have too much spare money, go next door.] ]

[Although my account has been cut in half, I believe that the new stock 50 ETF will definitely let me make back the money I lost on the main board. ]

[I'm very glad that there is a SGX in the stock market, and I'm very glad that there is such an existence as K-God in the financial circle.] ]

[The main board index has hit 2905 haha, good, good!] Good death! ]

[The new stock 50 index has risen by 7 points, cool——! ]

[Isn't there a bunch of financial bricks shouting every day to go to retail investors, okay, as he wishes, haha.] ]

……

At the opening of the market in the morning, the funds withdrawn in order to avoid risks were also confused, and they never expected that it would be like this later, and the army of retail investors actually became the absolute main funds for long the new stock 50 index.

still underestimated the impact of last weekend's weekend and weekend on thousands of shareholders.

At this moment, almost everyone knows what the reason for the surge in the new stock 50 index is, and where the influx of funds comes from, that is, countless retail investors gave up the main board and resolutely cut their positions, freeing up funds to pour into the new stock 50 ETF, which made the main board index collapse and the new stock 50 index skyrocketed, staging an extreme ice and fire market rarely seen in history.

Many people realize that today's market is destined to go down in the history of the big A, and some investors have even believed that today's market is an important watershed in the mainland capital market, and even a turning point, and a day of historical significance.

Because this is the first time that retail investors have abandoned the main board on a large scale and embraced SGX.

Now the attitude of thousands of retail investors is not to play with you directly, love to follow you, it doesn't matter, this meat cutting is the last time you harvest, admitted, but from now on I won't even enter your field, don't want to cut my leeks again.

At this time, the 213 stocks listed on the SGX have been in the red across the board, with a general increase of more than 5 percentage points, and more than 130 stocks have been closed.

With the passage of time, the New Stock Exchange 50 Index is continuing to surge higher, and it is also constantly breaking upward, and every point of rise is a record high.

By around 12:22, the main board next door had been closed for almost an hour, and the new stock 50 index was still rushing upward.

Two minutes later, the major market software pushed messages:

[The New Securities 50 Index hit a record high of 1456.82 points, an increase of +10.00%, the first index price limit since the index opened, with a current turnover of 185.5 billion. 】

At the moment when the New Stock Exchange 50 Index hit the price limit for the first time, the hundreds of millions of shareholders of Big A were boiling, especially the holders.

This historical record was created by an army of thousands of retail investors, the first exponential limit in the history of the New Securities 50 Index, which exploded at the bottom of 800 points on January 29, but failed to increase the limit after all.

At the same time, it also created the largest one-day increase in the history of the New Stock 50 Index.

Moreover, the turnover of the SGX has surpassed the main board of the Shanghai Stock Exchange for the first time, and now it has a turnover scale of more than 180 billion, and today's closing will definitely break the 200 billion transaction scale mark.

Because the daily limit of the SGX 50 Index is only the daily limit of 33 constituent stocks, and other stocks listed on the SGX are not included in the weight of the index, and at present, there are more than 150 stocks with a daily limit of 213 stocks on the SGX, and more than 50 stocks have no daily limit, and there are some exchanges of daily limits.

There are still more than two hours before the close, and it is easy for the turnover of SGX to break through the 200 billion volume mark today.

The daily limit of the new stock 50 index also means that more than 20 super-weighted galaxy concept stocks in it have also risen to a new all-time high, all of which have hit a record high, and even the stock price of Weibo has been taken to a new all-time high.

This exponential limit also allowed the total market capitalization of SGX to break through the 19 trillion mark for the first time, reaching 19.15 trillion, of which only the group of galaxies accounted for as much as 18 trillion.

Is there a bubble? Of course there are bubbles!

But this time it has become different, since Fang Hong's live broadcast last Saturday, countless investors, especially small and medium-sized retail investors, have re-acquainted themselves with the bubble. The bubble of the listed companies of the galaxy will make the value grow and fill it in the future.

K God also said during the live broadcast that the bubble is blown not to puncture it, but to fill it.

There are two ways to fill the foam:

One is to fill its own bubble by plundering other people's wealth like América's U.S. stocks, so that his virtual value becomes real value, and exchange what he has a bubble for what others don't;

One is to mainly rely on scientific and technological development, technological progress, and industrial upgrading to open up incremental space, and fill the bubble by making the cake bigger, which is obviously the route taken by SGX.

……

(End of chapter)