Chapter 1225 [Breaking the Law of Seven Losses, Two Draws and One Earn]
According to the statistical yearbook data disclosed by SGX, as of December 30, 2016, the total market capitalization of SGX has reached 25.92 trillion, and the annual closing price of the SGX 50 Index is locked at 1983.95 points, with a cumulative increase of +98.39% for the year.
In addition, the report shows that at the end of 2016, the market value of natural investors (i.e., small and scattered, public shareholders) on the SGX was 2.81 trillion yuan, the market value of professional institutions (i.e. public and private equity funds) was 7.29 trillion yuan, and the market value of general legal persons was 15.5 trillion yuan.
In addition, SGX's natural investment exceeded the 2 million mark at the end of 2016, which is not even a fraction of the 150 million investors in the entire A-share market.
In fact, the figure of 2 million is not the limit of SGX, but the limit of investors in the A-share market.
Because there are basically so many investors in the A-share market who have the entry threshold of SGX, and there are so many investor accounts with more than one million assets in the entire A-share market.
These 2 million investment accounts are all high-net-worth accounts, the kind that can get millions of cash out at any time.
Among the 150 million shareholders in the A-share market, there are more than 2 million who can get the threshold of the SGX, and now they have all come, which shows that it is not that the SGX is not attractive, but that there are so many retail investors who meet the entry threshold and have basically come to this field to play.
In addition, another data in the yearbook report has attracted the most attention from the market and has sparked heated discussions.
The report further pointed out that more than 78% of the natural investors participating in the SGX market are profitable, and more than 75% of the holders of the top five new 50EtF funds are profitable, and the median return of investors on SGX reached 228,700 yuan.
That's a pretty good median return.
Compared with the average, the median is the most valuable indicator, and it is also an indicator that can best reflect the objective facts, and the average is unreliable.
After all, if I calculate the wealth of God K and I on average, my income can beat the super-rich such as Gates and Buffett in seconds.
The material report disclosed by the SGX is also very credible, and the new stock 50 index is also a real annual line that is close to doubling, if it were not for the impact of the financial war on the foreign exchange market in December, the annual physical K-line would definitely have doubled.
And in the past year, many shareholders who bought the new 50EtF have made a lot of money by posting their earnings online and in the circle of friends.
More than 70% of the participants in this market make money, and everyone believes that SGX's data is not exaggerated.
There is no doubt that this is unique in the history of Big A for more than 20 years, and it is beyond the understanding of many people, who say that the stock market will always follow the law of seven losses, two draws and one profit, but the SGX has broken this law and created the myth that more than seventy percent of investors have made money.
That's right, in the eyes of many people, this is an incredible and mythical achievement.
This is a surprising result, but it is also reasonable.
Because the SGX has greatly eliminated companies listed for the purpose of collecting money, and has greatly eliminated fraudulent listings and large and small non-listed companies that are packaged to buy companies to cash out and cover the profits.
Last year, the IPO raised about 340 billion yuan, which was the water pumped out of the market, and the incoming funds were 4.5 times as much, more than 1.5 trillion, and the annual net inflow of the new stock 50 index reached 1.08 trillion.
Another key factor that cannot be ignored is that the profits earned by Qunxing Capital created by Fang Hong are reflected on the SGX and the SGX 50 Index through the listing of Qunxing Enterprises.
Directly or indirectly, all participants in the SGX market enjoy the premium brought by Qunxing Capital's global profits, which is also a key factor for more than 70% of SGX's investors to make profits.
What does that mean? To put it down to earth, it means that the huge wealth that Qunxing Capital has earned overseas has been shared with the Chinese people through the SGX market, otherwise it will definitely not support the achievements of more than 70% of investors' profits.
Passing shares
The rise in prices reflects that investors have achieved a wealth premium by holding stock assets, and Qunxing Capital has not directly distributed the profits earned overseas to the participating shareholders through dividends, but has transformed them into strong credit support, bringing strong confidence support to the market.
This kind of support is intuitively reflected in the market, that is, the stock price and stock index are stable, and investors have confidence in holding stock assets.
Although Qunxing Capital did not actually pay for it, everyone knows that he has the ability and will definitely make a move if necessary, and the underlying logic behind it is that Qunxing Capital has this ability only after making a lot of money overseas.
The decline and adjustment of the new stock 50 index in the past few days is because most investors in this market have made a lot of money, and now that the Chinese New Year is approaching, it is normal to sell some stocks and cash out some of them for consumption.
Facts have also proved another point, mass consumption does not need to be deliberately stimulated at all, especially young people themselves have a strong desire to consume, as long as you have money, you don't know which night club he will be in the next second. The key is to have money to spend, just talking about stimulation and stimulation, but as a result, there are not a few steel hammers in the pocket, stimulating a der.
There is no doubt that the most effective way to stimulate consumption is to raise wages and incomes.
No, the small scattered people who participated in the SGX market have obtained a lot of property income this year, in the past year, they have either earned 20,000 or 30,000, or 570,000, or 100,000, and now they have cashed out for a fat year, or bought cars, furniture and furniture to improve the quality of life, etc.
The most important thing is still confidence, investors and investors who participate in the SGX market are optimistic about the future, have confidence in this market, and have new expectations for their future income, which can further motivate them to dare to spend.
Income expectations and confidence are indicators that can directly affect a person's consumption behavior, and they will use this to determine whether they will spend more money or save more money in the future.
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The next day, Monday, January 16, the New Stock 50 Index fell to 1933.21 points and then stopped falling, at this point, the round of adjustment totaled -10.32% and will not expand the adjustment again.
Because shortly after today's close, a blockbuster news followed, that is, the SGX trillion equalization fund hit.
And by the way, there is a news that the SGX trillion equalization fund will conduct market operations in February, and plans to spend 115 billion yuan of over-the-counter funds to enter the market.
This is almost equivalent to telling everyone that the adjustment is over, and then it will start to continue to rise, and then it will be sold at the floor price, and then don't break your leg because of the short.
As soon as this news came out, at the opening of the next day, Tuesday, January 17, the new stock 50 index directly opened +1.58% higher with an opening price of 1967.02 points, hitting a high opening gap.
The SGX market showed a general rise in volume and price.
As of the close of 15 o'clock, the new stock 50 index a bald head and bare feet long yang line strongly regained the 2000 integer mark, the index rose +3.54% after hours to 2004.91 points, with a full-day turnover of 307.7 billion.
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