Chapter 1226 [SGX Stock Pool Begins to Take Shape]

In the following days, the A stock market is still seven trading days away from the arrival of the Spring Festival.

The New Stock Exchange 50 Index, a bald head and barefoot long yang line with rising volume and price, stood above the 2,000-point mark, directly confirming that 1,933 points is the effective support level at the bottom. And there is also an upward gap, and some careful people have also found that the new stock 50 index seems to have its own unique personality.

The main board index next door has the habit of "filling every gap", while the new stock 50 index here is just the opposite, there is almost no habit of filling the gap downward, and it often plays a gap when the direction is selected in some key positions.

The gaps at several key points in front of them are like this, and many people who are obsessed with filling the gaps in key positions regret their deaths.

In the next seven pre-holiday transactions, the market of the New Stock 50 Index once again explained that it is best not to be superstitious about the bad habit of "making up for every shortcoming" on the main board next door, otherwise it will seriously step on the market and swell your thighs.

In the past seven days, the new stock 50 index has walked out of seven days and six yangs, of which the last five trading days before the Spring Festival have directly walked out of the five consecutive yang market, in which the daily line of the seven days was out of +0.53%, -0.66%, +0.91%, +1.01%, +0.52, +0.61 and closed up +1.07% on the last trading day before the holiday, closing at 2086.05 points.

The new stock 50 index not only turned from green to red, but also set a new high in the new year, with an annual increase of 5.1 percentage points in 2017, while the 2017 line of the Shanghai index was 1.79 percentage points, and the new stock 50 index can be said to be a strong leader in the main board of the two cities.

It is worth mentioning that one of the star enterprises under the galaxy of the farm supermarket rushed to complete the registration and listing on the SGX before the arrival of the Spring Festival, the company officially landed on the SGX on Monday, January 23 and became the first super large-cap stock registered and listed on the SGX in the new year, with a market value of 312 billion yuan and an IPO offering of 22.9 billion yuan.

The listing of this company has long been expected, last year K God for the agricultural supermarket to turn a live broadcast with goods, during the live broadcast said that it would be listed, but this company is a serious weight blue chip stocks, belonging to a typical traditional enterprise, non-high-tech growth stocks.

Many shareholders also remember that when K God made a cameo appearance as an "investment advisor" during the live broadcast, he made it clear that the growth space of the company agricultural supermarket is limited, and the stock price is unlikely to rise several times or even more than ten times like companies like Matrix Quantum and Toutiao.

Another meaning of dividends is to tell the holder that the company's future development space is limited, and the profit margin is also limited.

Therefore, it is suitable for long-term holding of long-term cash dividends by large-scale stable funds at the remote end, and the amount of funds of retail investors is small, and the dividends are not divided into a few children, and the equity is not high, and the average annual increase may be about 10 to 15 percentage points.

If the stock price fluctuates too much in the short term, it may be sideways for a year, and retail investors are not suitable to hold it, and it is difficult to tolerate the stock price not rising sideways for a year.

This stock is almost tailor-made for the remote large-scale stable funds, which can be held for a long time on an annual basis, even if the stock price is sideways for one or even two years, but it can also eat dividends by relying on a large amount of funds, and the main pursuit of this type of funds is stability and asset price preservation, which can outperform the ratio of inflation and national debt expansion, and it is even more willing to hold such assets and obtain stable dividends.

Different types of funds in the market pursue different strategies, and the asset targets they choose are naturally different.

……

During the Chinese New Year, the hottest topic on the whole network came to the 10 billion red envelope carnival again, which is the third consecutive year that K God has personally thrown tens of billions of red envelopes out of his pocket, and it has become an annual carnival feast.

There was also good news during the year, and the dollar index really weakened, falling below the $100 mark.

The offshore RMB exchange rate against the US dollar has also risen to below 6.8 again, and as long as the exchange rate falls, the RMB exchange rate will appreciate in disguise even if it remains unchanged

However, for some Runren, Colonists, and Inner Ghosts who want to transfer their wealth overseas, even if the RMB appreciates to less than 6.0, it will not shake their determination to transfer their wealth overseas.

……

The time came in February, the annual holiday ended, and the wave of rework was ushered in across the country, and the A-share market also opened as scheduled after the holiday.

The first trading day after the holiday did not continue to rise, but closed in the green, but after two or three days of adjustment, it strengthened again, starting from Wednesday, February 8, the new stock 50 index led the three major A-share trading markets to lead the volume of the whole line.

The SGX trillion equalization fund entered the market, and the SGX 50 index closed out of five consecutive positives again, rising +1.09%, +1.31%, +0.93%, +1.46% and 0.35% respectively, and the index pushed up to a record high of 2186.54 points.

On the year, the new stock 50 index extended its gain to 10.2%.

The main board index next door was also brought up, and the Shanghai index returned to the 3,200-point mark, but the main board index of the two cities was unable to compete with the new 50 index, and everyone hit a record high again, and the next door was still playing around more than 3,000 points.

Entering the new year, retail investors continue to "move" SGX, this trend seems to be irreversible, and investors in the industry basically agree with this view.

If it weren't for the high entry threshold set by SGX, maybe there would be no one to play on the main board now, and the actual situation would not be much better, and the comparison between trading activity and trading volume in the market would have become more and more obvious.

In the first half of last year, the daily turnover of the Shanghai market still maintained its advantage, and the SGX would overtake it from time to time, and by the middle of the year, it was already evenly matched, and after the third quarter, it has often led the Shanghai market, and the annual turnover has also exceeded the Shanghai market.

This year, the market generally predicts that SGX's trading volume and trading activity will definitely further widen the gap with the Shanghai market, and the current SGX stock pool has begun to take shape.

Investors also found that although the SGX's new share registration and listing in January this year still maintained a double-digit weekly efficiency, the absolute number decreased year-on-year in January last year, indicating that the expansion rate of SGX's new share registration and listing has slowed down, but even so, the total number of stocks in the SGX market is very likely to exceed 1,000 by the end of this year.

It is true that the expansion speed has slowed down, because good companies that meet the listing standards of the SGX at the same time are almost on the list, and Fang Hong will not expand for the sake of expansion, and now the SGX market has begun to take shape, so there is no need to rush to list in a hurry.

There are also many high-quality subsidiaries under Qunxing Capital that meet the listing conditions, but Fang Hong is not in a hurry to let these companies get them, after all, it is not good to look at half of the listed targets in the entire market with the label of "Qunxing".

Let one make way for more non-galactic companies, these companies need more financing support, and those companies in the galaxies don't need to go to the market with them to grab resources, there is really no need for the big daddy of the stars, just ask the dad to get the money.

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