ryethenovel Chapter 1313 [Market Confidence Continues to Restore]
Chapter 1313 [Market Confidence Continues to Restore]
Chapter 1313 [Market Confidence Continues to Restore]
If you want to play the "land grabbing" game in space, it is not enough to have technology, you also need strong capital. Both are indispensable.
In China, only Qunxing Capital can afford to do this. No other company can. They don’t have the technical background or strong capital support. The country can, of course, but it needs money in many places, so it is impossible to do this.
If the Galaxy Nine Star Network had not done this, the country would not have bothered with such things. If we don't try it ourselves, we don't have to worry about America occupying all the scarce orbits. You can occupy them, even a large number of them, but don't affect my space activity space.
If you, America, dare to take it all and leave nothing for me, I will overturn your table. Pay the rent? It's impossible to pay the rent. The east wind in my hand won't allow me to do so. If you don't let me, I will knock it down myself.
Therefore, although the country has the ability to play, it is impossible to spend so much money on such things, because there is absolutely no need, and the country is not at the point where it has too much money and has no place to spend it.
Because of this, Fang Hong never thought of occupying all the scarce orbital resources, and still left some for Elon Musk to get on board, because this logic also applies from America's perspective, and America is unlikely to pay rent to you.
In the final analysis, the world still relies on fists to speak. Even if Big Goose has no money to play, you still have to give him a special treatment and give him the green light. Why? Because his fists are strong, because he has one of the three great truths in the world, Baiyang, and mushrooms, and because he is also one of the top three.
……
Fang Hong finished reading the materials and found that there was basically nothing to add or adjust. He closed the materials and said, "That's it. We'll announce it tomorrow."
Tian Jiayi nodded: "Okay."
The next day, Saturday, Bionic Dynamics and Jiutianxing Network successively announced the latest progress of their companies' listing on the SGX market. This matter became a hot news in the capital market during this weekend.
Investors from all walks of life were also quite surprised to see the latest disclosed information. The two companies had been planning to go public just around November, which was quite normal, but then the unexpected incident of being blacklisted by Lao Mei occurred.
It is generally believed that this incident will affect the IPO process of these two companies. Their listing process may not be smooth, and even if they are listed, it is likely to be delayed. Under normal circumstances, they should not go public at this critical juncture. The impact of the emergency must be minimized to ensure the smooth completion of the IPO.
But now, the IPO plans of these two companies are not affected at all, which undoubtedly further proves that the blacklisting operation of Laomei does not have much impact on the galaxy. This also gives the capital market considerable confidence and reduces market risk concerns a lot.
The latest news revealed that the specific listing date of the two companies is Friday, January 2018, 1, which is only a little over a month away. The scale of the IPO was also disclosed. Bionic Power Company raised about 19 billion yuan in its initial public offering, and Jiutianxing Network raised 165 billion yuan in its initial public offering.
This is the largest IPO fundraising scale in the past three months on the SGX market, and it is also likely to be the largest IPO scale in the next three months. SGX has new stocks listed every week, but they are generally small-cap growth stocks with a valuation of 30 to 50 billion, and the IPO initial fundraising is also in the range of several hundred million.
Companies with a market value of tens of billions are rare, and those with a valuation of hundreds of billions are even rarer. Moreover, most of the few companies that have reached a valuation of hundreds of billions after listing are related to galaxies.
This is also normal. New stocks issued and listed on the Singapore Exchange are generally technology growth stocks. There are no financial companies or real estate companies. There are only a handful of non-galaxy companies with a valuation of hundreds of billions at the IPO stage.
The key point is that among all the companies currently listed on the Singapore Exchange, there is no company owned by Guo Jia’s team.
Those Guo Jia team companies that wanted to go public did not list on the SGX market, but on the main boards of the two neighboring cities. If even Guo Jia team companies went to the SGX market, the two neighboring cities would really accelerate their cooling down pace.
The current situation of the two neighboring cities is supported by the favorite sons of Team Guo Jia and some relatively high-quality large blue-chip stocks. As for those small-cap stocks and junk stocks, they are either completely cold or on the way to being completely cold.
Guo Jia's team's favorite stocks and relatively high-quality large blue-chip stocks are supported by major institutions, including Qunxing Capital, which also provides liquidity, so there is no big problem.
However, small-cap stocks and junk stocks do not receive such treatment and are now left to fend for themselves.
The share prices of these listed companies have been falling, liquidity has dried up, and without retail investors to play with them, they have begun to show their true colors. In their eyes, the leeks have either already run away or are on their way to run away, and the retail investors have taken the initiative to de-retailize themselves.
In this situation, the banker dare not manipulate the market to push up the price, because there is a great possibility of becoming a big victim, and there have been several examples where the banker manipulated the market to push up the price but ended up being trapped at the top of the mountain, and the internal strife was exposed because retail investors stopped following the lead, resulting in no one to take over the market, and finally the accomplices of the manipulation were severely stabbed in the back.
Retail investors at the bottom of the food chain no longer want to play, so it is inevitable that internal strife, infernal affairs, and backstabbing will occur.
There is no doubt that this group of rentiers, while stabbing each other internally, are also gnashing their teeth in hatred towards SGX. This group is the one that most wants SGX to die violently and hates Fang Hong the most.
A large number of retail investors fled to the SGX. They could no longer reap the benefits as they did in the pre-SGX era, so the vast majority of investors suffered a devastating disaster.
Because they have set their sights on retail investors, secretly colluded with some fund managers, and used retail investors' money to take over at high prices.
But this is definitely a suicidal act, and it is set to completely ruin the reputation and credit of the entire industry. If they continue like this, it is only a matter of time before they are abandoned by investors. But they don't care about any of this and just want to make the money first, regardless of what may happen later.
……
After the weekend, on Monday, December 12, as the A-share market opened as scheduled, the New Securities 11 Index, which had surged last Friday, opened flat in today's auction and continued to fluctuate higher after opening.
The IPOs of Bionic Power Company and Jiutianxing Network are proceeding as usual, which has further restored market confidence. The two companies will take a total of 500 billion yuan from the market. If this happened on the main boards of the two neighboring cities, it would be a definite negative.
However, it is good news for the SGX market, because this round of rapid correction is due to the fact that everyone is worried that Qunxing High-Tech will be blacklisted by the United States, which will have a huge impact. The top 10 super-weighted stocks in the SGX market are all Qunxing companies, and there are also huge companies like Xingyu Technology that are aiming for a market value of trillion.
It is no exaggeration to say that if these listed companies in the galaxy plummet, the SGX market will collapse as well. The two are in a state of mutual benefit and mutual loss.
The IPOs of the two galaxy companies were not affected, which confirmed what Fang Hong said on Weibo before: "Everything is going on as usual." Although they were blacklisted by Lao Mei but were basically unaffected, that's fine, and the market's concerns have gradually faded away.
As of the closing, the New Securities 50 Index once again closed with a medium-sized positive line, with an after-hours surge of +2.40% 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, further enhancing market confidence.
……
(End of this chapter)