Chapter 1316 [Is the “New Port Link”, a foreign investment access channel, coming soon? ]

Two days later, on the weekend of December 31, the boss of the company received a definite answer. As long as the company was delisted, the SGX would arrange for his company to prepare for the listing, and the IPO would be completed in February 2018 at the latest.

The boss of the company was very excited, knowing that he had made the right bet.

The stone hanging in his heart was completely relieved. In the following days, he began to work on the company's delisting, but he did not disclose in advance that he was going to be listed on the SGX. He also knew that if he really disclosed in advance, the road to delisting would add a lot of obstacles.

After all, you delisted in order to be listed on the SGX, and you couldn't wait to be listed as soon as you delisted, which was almost a mockery of the neighboring market.

…

On the first day of the new year in 2018, major financial media or financial bloggers also wrote articles to summarize the A-share market in 2017.

Three days ago, on December 29, 2017, the A-share market ended the last trading day of 2017, and the three major trading markets of Shanghai and Shenzhen all ended in the red.

The SGX 50 Index closed at 2907.91 points, with a cumulative increase of +46.57% throughout the year, and the annual turnover of the SGX market was 65.7 trillion yuan; the Shanghai Composite Index closed at 3307.17 points, with a cumulative increase of +6.56% throughout the year, and the annual turnover of the Shanghai market was 43.6 trillion yuan; the Shenzhen Component Index closed at 11040.45 points, with a cumulative increase of +8.48% throughout the year, and the annual turnover of the Shenzhen market was 53.1 trillion yuan.

The SGX market is undoubtedly the most dazzling existence in the A-share market and even the global market in 2017. The increase is a gap leading the two neighboring markets, and it is also the most outstanding market in major capital markets around the world.

The Dow Jones Index, which rose the best among the three major stock indexes in Beijing during the same period, rose by 25 percentage points throughout the year, and the SGX 50 Index led the Dow Jones Index by nearly one position.

The SGX market has been bullish for two years since its opening, and is still in the midst of a bull market. From January 4, 2016 to the present, the SGX 50 Index has accumulated a +190.79% increase. The SGX market has also continued to maintain a general pattern of seven wins, two draws and one loss, which is almost symmetrical with the seven losses, two draws and one win in the two neighboring markets.

The majority of stockholders still feel like it is a dream. The SGX market can achieve 70% of investors to make a profit, which is something that many A-share stockholders dare not dream of in the past. At the same time, the SGX market is as dazzling as the neighboring market.

In the A-share market in 2017, the overall investment style of the market is very obvious. First of all, funds continue to enter the SGX. In addition, the "Beautiful 50" represented by blue-chip stocks and blue-chip heavyweight stocks continues to strengthen.

Let's not talk about the SGX 50 Index, which is unique.

In addition, the cumulative increase of the Shanghai Composite 50 Index this year has also reached +25.08%. Especially in the second half of the year, the trend of "big is beautiful, core assets" has become louder and louder, while small-cap stocks have plummeted.

During this period, northbound funds, social security funds, insurance funds and other funds have entered the market to buy core assets, value investment and blue-chip stocks have shown their charm, and stock prices have hit historical highs. The super-large-cap stocks in the SGX market and its clusters have become the best "bull-making" concentration camp in the A-share market in 2017. Xingyu Technology's market value has reached 8 trillion yuan, and Matrix Quantum's market value has also reached the 6 trillion mark.

After the end of 2017, the total market value of the A-share market has reached an unprecedented 90 trillion yuan, of which the Shanghai and Shenzhen stock markets totaled 52.1 trillion yuan, an increase of 1.5 trillion yuan over last year, and the total market value of the SGX soared to 37.9 trillion yuan, an increase of 11.98 trillion yuan over last year.

The total market value of the SGX market has increased to 42.12% of the A-share market value, surpassing the 33 trillion of the Shanghai Stock Exchange to become the first of the three major A-share trading markets, and it has won the first place in terms of market value, cumulative increase and trading volume.

In addition, the number of companies listed on the SGX market has reached 1,186. The number of new shares issued and listed in 2017 did not set a new record, which was much less than that in 2016. The number of new shares listed in 2018 is unlikely to exceed that in 2017.

Because good companies have basically been listed in the past two years, although it is a loose entry and strict management, it does not mean that they can be listed casually. Those that do not meet the standards will not be listed.

The number of listed companies in the SGX market has now exceeded 1,000, and it has a very good capital carrying capacity, which can initially serve as a reservoir. There is no need to force growth in the future. It is more necessary to consolidate the existing achievements and make them solid. Then let the market metabolize itself and advance and retreat in an orderly manner.

Starting this year, Fang Hong will no longer force the number of listed companies in the SGX market, and will no longer conduct too much strong intervention. As long as the listing application meets the requirements, it will be passed normally, allowing the market to self-metabolize.

Fang Hong estimates that the SGX market should have more than 350 companies listed in 2018, and it should be able to exceed 2,000 by 2020.

…

On the afternoon of New Year's Day, the capital market ushered in the first major news of the new year.

There are rumors that the SGX market is preparing to promote the "New Hong Kong Connect", that is, the foreign capital access channel, which is usually referred to as northbound funds by stock investors. This so-called "New Hong Kong Connect" is similar to the "Shanghai-Shenzhen-Hong Kong Connect" in the two neighboring cities.

In short, the rumor is that foreign capital can participate in the investment of the SGX market through the "Singapore-Hong Kong Stock Connect" channel.

Such a rumor blew up on the first day of the new year, attracting special attention from all walks of life in the capital market. Although it is a rumor, the outside world believes that such a thing will not blow up for no reason.

The most important thing is that when the news came out and spread wildly in the circle, the SGX did not come out to refute the rumor, which is interesting.

To a certain extent, this is equivalent to tacit consent.

The SGX registration system pilot project was launched on January 4, 2016. It has just been two years since then. Judging from the current results, the SGX market is undoubtedly a great success and has achieved achievements far beyond the expectations of all parties.

It has now become the most popular venue in the A-share market.

However, the SGX market has not yet opened the channel for foreign capital access. In the past two years, the SGX market has been bullish. In the two years since it was launched, the SGX 50 Index has accumulated a rise of more than +190%. In terms of investment return rate, it is in a leading position among major global stock markets during the same period.

Foreign capital can be said to have missed the market in the past two years. It is impossible not to be jealous. Although there are foreign capitals that "enter the market in a roundabout way", the proportion is too small.

Not long after the rumors came out, many foreign investment institutions also kept a close eye on it and began to discuss and study whether the current SGX market still has investment value, how high the risk is, and what the potential return on investment will be if the foreign capital access channel is really opened.

Foreign capital is not just North Magnesium Wall Street Capital, such as the Middle East tycoons, such as the Ouzhou Norwegian Micro Pension Fund and the like are also one of the foreign capitals. They are also anxious that they can't participate in a market with such an excellent return on investment.

However, some foreign capitals that want to participate in the investment in the SGX market are also a little worried that if they are allowed in at this time, they will want to slaughter them and pull the stock market so high for them to take over. This is also a potential problem that must be considered.

After all, the current prices of those high-quality core assets in the SGX market are not cheap. There is no saying that they are bargain hunting at this time. Some even have a lot of bubbles.

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