Chapter 1159 [Unprecedented and Extreme Ice and Fire Markets]

A certain hot money circle WeChat exchange group, the well-known hot money "go with the flow" is also in this exchange group composed of more than a dozen people. Seeing the current market conditions and emotions, he posted a message in the exchange group:

[I withdrew from the main board. Judging from the transaction details, retail investors were smashing the market and fleeing. At the same time, the NSE 50 index was skyrocketing. The retail investors on the main board were voting with their feet. All the funds for cashing out were used to buy the NSE 50 ETF. This time The cutting of retail investors is different from the past, and more than 80% of those who leave will never come back. ]

Another hot money member in the group also sent a message:

[Yes, I agree with this point of view. K God’s live broadcast over the weekend allowed many people to break their defenses. I did not do the counter-attack that I had planned before, for fear of being buried alive. A friend of mine has been massacred by an army of retail investors. The market is so boring, the selling pressure is so scary. ]

Another hot money person sent a message: [The main board is either open now, or it is not open. If it is open more, go to the SGX, the long opportunity is over there. ]

Follow the trend and send a message: [I have gone to the SGX to open long positions. With this situation and my current mood, I will make money by opening more positions with my eyes closed. Follow the market. ]

Soon some hot money sent a message: [As expected of you, you live up to your name. ]

…

At this moment, the A-share market is experiencing an unprecedented and extreme situation.

Around 10:07, major market software pushed messages:

[The NSE 50 Index reached the 1,400-point mark for the first time, with the increase expanding to +6.39%; the Shanghai and Shenzhen stock markets accelerated their dives, and the Shanghai Index's decline expanded to -5.36%]

The unprecedented ice and fire market is taking place at this moment. On one side, the NSE 50 Index was bought up by an army of retail investors through five ETF funds. On the other side, the Shanghai Stock Exchange Index was smashed by an army of retail investors.

The bottom chips are really loose now, but many institutional funds, private equity funds, hot money, etc. are all shocked.

Not many people dared to take it, because this time the meat-cutting behavior of the retail army was very different from the previous times. The people who cut the meat this time said goodbye and would never come back to play in this place again. They freed up the remaining funds and turned around without hesitation. Bought the New Securities 50ETF.

Dare you accept such a bargaining chip? After taking it, if retail investors don’t come to chase the price, who can they sell it to? If you can't sell it, it's a complete loss.

Because of this, even hot money and big funds on the current main board are rushing away. If they don't, they will be smashed by retail investors. This time, the retail investors who choose to cut off their positions are saying goodbye with an extremely determined heart.

As a result, the Shanghai Composite Index was smashed through and collapsed immediately. It fell below 3,000 points and collapsed from 3,078 points to 2,905 points. Even 2,900 points were in danger.

The market here is freezing cold, while the SGX next door is very enthusiastic. The two are in stark contrast.

In stock forums and major stock exchange groups, the atmosphere of heated discussions among retail investors is extremely hot.

[In the morning, the bidding went directly to the lower limit, and the transaction was completed at 9:25 to free up funds. I then chased the New Certificate 50 ETF. It is now 7 points, comfortable! ]

[I also cut all the tickets that were halved on the main board at the opening of the market, and then bought the New Certificate 50 ETF. This decision was too wise. ]

[Watching K God’s live broadcast last Saturday, I was really caught off guard. I made up my mind at that time to cut the shares immediately after the market opened without any memento. After cutting, I would either close the account directly or just buy the new certificate 50ETF. ]

[It is right to cut. To get out of the sea of ​​misery and buy the New Certificate 50 ETF is to embrace a bright future. ]

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

[Although my account has been cut in half, I believe that the New Certificate 50ETF will definitely make back all the money I lost on the main board. I believe in God K and invest in the new index. This is definitely not just words. ]

[I am extremely lucky that there is still a SGX in the stock market, and I am extremely lucky that there is a person like God K in the financial circle. ]

[The motherboard index has reached 2905, haha, good, good, good! What a death! ]

[The NSE 50 Index has risen by 7 points, so cool——! ]

[Aren’t there a bunch of financial experts who are shouting to go to retail investors every day? Well, as they wish, haha. ]

…

When the market opened in the morning, the funds that were withdrawn to avoid risks were also confused. They never expected that it would turn out like this, and the army of retail investors actually became the absolute main force in long NSE 50 index.

Still underestimated the impact of last weekend’s weekend incident on thousands of investors.

At this moment, almost everyone knows the reason for the surge in the NSE 50 Index and where the influx of funds comes from. Countless retail investors gave up on the main board and resolutely cut their positions, freeing up funds to pour into the NSE 50 ETF, making the main board index The stock market crashed and the NSE 50 Index soared, creating an extreme market situation that is rare in history.

Many people have realized that the market today is destined to go down in the history of Big A. Some investors even believe that today's market is an important watershed, or even turning point, for the mainland capital market. It is a day of historic significance.

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

Now the attitude of thousands of retail investors is that they won't play with you anymore. They can do whatever they want with you. It doesn't matter. This time they will be harvested by you for the last time. I admit it, but from now on, your position will be yours. I didn't even enter the door, so I couldn't even think of cutting my leeks.

At this time, the 213 stocks listed on the SGX were all in the red, with the general increase exceeding 5 percentage points, and more than 130 stocks had closed their daily limit.

As time goes by, the SGX 50 Index continues to rise and break through upwards. Every time it rises, it reaches a new historical high.

By around 12:22, the main board next door had been closed for almost an hour, while the NSE 50 index, which was not closed, was still rising.

Two minutes later, major market software pushed messages:

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

At the moment when the NSE 50 index hit the daily limit for the first time, the billions of investors in Big A became excited, especially the holders.

This historical record was created by an army of thousands of retail investors. The NSE 50 Index reached its first exponential daily limit in history. It exploded at the bottom of 800 points on January 29 and was about to reach the daily limit, but in the end it failed to reach the daily limit.

At the same time, it also created the largest single-day increase in the history of the NSE 50 Index.

Moreover, the trading volume of the SGX was huge today, surpassing the main board of the Shanghai Stock Exchange for the first time. It now has a trading volume of more than 180 billion. Today's closing volume will definitely exceed the 200 billion mark.

Because the daily limit of the SGX 50 index is only the daily limit of 33 constituent stocks, other stocks listed on the SGX are not included in the weight of the index. Currently, there are more than 150 stocks with 213 stocks on the SGX that have the daily limit, and there are More than 50 stocks have no daily limit, and some have daily limit, and some have changed hands.

There are still more than two hours left before the market closes. Today, the trading volume of SGX has easily exceeded the 200 billion volume mark.

The rising limit of the NSE 50 Index also means that more than 20 super-weighted Galaxy concept stocks in it have also reached their daily limit, all of which have hit record highs. Even Weibo's stock price has been driven up and hit a record high. .

This exponential daily limit has also allowed the total market capitalization of SGX to exceed the 19 trillion mark for the first time, reaching 19.15 trillion, of which only the star-studded stocks combined accounted for as much as 18 trillion.

Is there a bubble? Of course there are bubbles!

But this time it’s different. Since Fang Hong’s live broadcast last Saturday, countless investors, especially small and medium-sized retail investors, have re-understood bubbles. The bubble of listed companies in the galaxy will grow in value in the future.

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

There are two ways to fill the foam:

One is like America's U.S. stocks, which rely on plundering other people's wealth to fill its own bubble, turning its virtual value into real value, and using its own bubbles to exchange for other people's non-bubbles;

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

…