Chapter 1311 [Market Confidence Continues to Repair]
Want to play in space
In the "enclosure" game, it is not enough to have technology, but also to have strong capital, both of which are indispensable.
In China, Qunxing Capital can play, and other companies can't, neither that technical background nor strong capital support.
Of course, the state can, but there are many places where the country needs money, and it is impossible to do this. If there is no Nine Heavens Star Network of the galaxy to do this, the country will not toss this kind of thing, and if I don't play it, I am not afraid that America will occupy all the scarce orbits by herself, you can occupy it, and you can even occupy it in a big way, but don't affect my space activity space.
If you America dare to take it all and don't leave me at all, the labor and management will flip your table and pay the rent?
It is impossible to pay the rent, and the east wind in my hand does not allow it, and I will knock it down myself if I don't give way.
Therefore, although the state has the ability to play, it is impossible to spend so much money to toss this kind of thing, because there is no need for that, and the state has not reached the point where there is no place to spend the money.
Because of this, Fang Hong never thought of taking up all the scarce rail resources, and still set aside a share for Elon Musk to also get on the train, because this logic is also applicable from America's point of view, and it is impossible for America to pay you rent.
In the final analysis, the world ultimately has to rely on fists to speak, even if the goose has no money to play, but you just have to give him the green light to open a small stove alone, why?
Even because of the hard fists of others, because of the fact that there are also mushrooms in the poplars of one of the world's three truths in their hands, and because of others, they are also one of the three constants.
…… Fang Hong finished reading the materials, there was basically nothing to add or adjust, closed the materials and said, "That's it, it will be announced tomorrow." Tian Jiayi nodded: "Okay." On Saturday of the next day, Bionic Power Company and Jiutian Star Network successively announced the latest progress of their company's landing on the SGX market, which became a hot topic in the capital market during this week's weekend.
Investors from all walks of life were also quite surprised to see the latest disclosed news, the two companies just entered November or so, and the wind of listing blew, which was quite normal, but then there was an emergency incident of being blacked out by Lao Magnesium.
It is widely believed that this matter will affect the IPO process of these two companies, and their listing may not be smooth, and even if they do, it is likely to be delayed.
Under normal circumstances, it should not be listed at such a critical juncture, and the impact of emergencies must be minimized to ensure the smooth completion of the IPO.
But now, the IPO plans of these two companies have not been affected at all, which undoubtedly further shows that the old magnesium blackout operation does not have much impact on the galaxy, which also gives the capital market a lot of confidence, and the risk concern about the market has also decreased a lot.
The latest news disclosed that the specific listing date of the two companies is set for Friday, January 19, 2018 next year, and there is only a few days left in the full month, and the scale of the IPO is also disclosed, Bionic Power Company raised about 16.5 billion yuan in the initial offering, and Jiutian Star Network raised 32 billion yuan in the first offering.
This is the largest IPO raised by the SGX market in the past three months, and it is likely to be the largest IPO in the next three months.
SGX has new listings every week, but they are generally small-cap growth stocks with valuations in the range of three and five billion, and IPO initial offerings are also in the range of several hundred million.
There are few companies with a market value of 10 billion, and even fewer with a valuation of 100 billion, and most of the few listings with a valuation of 100 billion are related to galaxies.
This is also normal, the new shares issued and listed on the SGX are generally technology growth stocks, there are no financial companies and no real estate companies, and there are only a handful of non-galaxy companies that can be valued at 100 billion in the IPO stage.
The key is that all the companies currently listed on the SGX do not have Guo Jia's team. Those Guo Jia's team companies that want to be listed did not come to the SGX market to be listed, but on the main board of the two cities next door.
The current situation in the two cities next door is supported by those Guo Jia's sons and some relatively high-quality big blue chips, as for those small-cap stocks and junk stocks, they are either cooling down or on the way to cooling.
Guo Jia's own sons and relatively high-quality large blue chips are supported by major institutions, including Qunxing Capital, which also provides liquidity, so there is no big problem.
But those small-cap stocks, junk stocks, don't have this kind of treatment, and now they are in a state of self-destruction.
The stock prices of these listed companies are falling endlessly, liquidity is drying up, and there are no retail investors to play with them.
In this case, Zhuang did not dare to do the game to pull up, because it is very likely to become a big injustice, and there have been several cases of doing the game to pull up and kill themselves on the top of the mountain, and it is the internal strife that was shaken out, the reason is that the retail investors do not follow, resulting in no one taking over, and finally the accomplices of the game stabbed in the back.
The retail investors at the bottom of this food chain structure are no longer playing, and it is inevitable that there will be infighting, infernal affairs, and backstabbing.
There is no doubt that while these rentier groups are backstabbing each other internally, they are even more itchy with their teeth hating the SGX, and it is this group that wants the SGX to die violently and hates Fang Hong the most.
A large number of retail investors fled to the SGX, and they could not eat and harvest as much as they did in the pre-SGX era, and the majority of the people suffered a catastrophe.
Because they are eyeing the people, they secretly make peace with some fund managers, and take the people's money to take over at a high level.
But this is a proper act of death, it is a rhythm that completely stinks the reputation and credit of the entire industry, and it is only a matter of time before it is abandoned by the people, but they don't care about these and don't care about these, they will get the money out first, and then talk about it, and then the flood will be raging.
…… After the weekend, on Monday, December 11, as the A-share market opened as scheduled, the SGI 50 index, which rose last Friday, continued to fluctuate higher after today's auction went flat.
The IPO of Bionic Power Company and Jiutian Star Network is advancing as usual to further restore market confidence, and the two companies will take a total of 500 billion funds from the market.
However, it is good news to be placed in the SGX market, because this round of rapid correction is that everyone is worried that the high-tech of the galaxy will have a huge impact on the old United States, and the top 20 super weights in the SGX market are all Galaxy companies, and there are also Xingyu Technology, which is running towards the goal of 10 trillion market value.
It is no exaggeration to say that if these listed companies in the galaxy plummet, the SGX market will have to crash, and the two are in a state of both prosperity and loss.
The IPO of the two galaxy companies was not affected, which can be regarded as confirming what Fang Hongfa said on Weibo before
"Everything is business as usual", if it is blacked out by Lao Magnesium but basically unaffected, then it will be fine, and the market's worries will gradually fade.
By the end of the day, the New Securities 50 Index closed in the positive line again, rising +2.40% after hours to 2746.37 points, once again standing above the 2700 point mark.
The mysterious main funds are also cooperating to guide the market to go long, which further enhances the confidence of the market.
……