Chapter 1576 [A Crazy Market Rarely Seen in History]

Soon after the call auction, major market software pushed the message:

[Xinzheng 50 Index opened sharply higher by +2.47%, breaking through the high point on March 5 to create a new historical high]

At that time, thousands of stockholders in the A-share market were staring at the opening price of the Xinzheng 50 Index today, which opened sharply higher by +2.47% at 6801.57 points, directly breaking through the 6700 and 6800 points mark in the bidding stage, and directly breaking through the historical high of 6794.27 points on March 5.

The 50 constituent stocks in the Xinzheng 50 Index opened higher across the board, with different highs and lows, but all of them were in the red.

In terms of individual stocks, the popular leader of the Chinese military, China Nuclear Shipbuilding, opened with a daily limit today, recording ten consecutive boards, and the stock price soared to a new high of 18.05 yuan, pushing the market value to 595.65 billion.

Matrix Quantum was short on Friday and failed to break out of the four-day winning streak, but it also rose by +7.25% to close. Today, it opened higher by +3.32%, and its market value officially broke through the 15 trillion mark.

Xingyu Technology opened higher by +1.07% in today's bidding, once again reaching a record high, and its market value soared to 21.17 trillion. This is the market value after the rights issue, which is lower than the previous volume, but the stock price has reached a record high because of the large-scale repurchase and cancellation of stocks.

All listed companies with a market value of trillions in the SGX market have reached a record high today, which has also pushed the SGX 50 Index to easily break through 6794.27 points in the call auction stage and reach a record high, directly stepping on the previous high.

At 9 o'clock, the SGX 50 Index opened high and continued to rise, and it was another barefoot yang.

Just 20 minutes after the opening, the increase of the SGX 50 Index expanded to 4 percentage points, reaching the 6,900-point mark in one fell swoop. Now every point of the rise is creating history, and new highs are set.

Off-market funds are pouring in like crazy. Less than half an hour after the opening, the transaction volume of the SGX market has exceeded 300 billion.

In terms of individual stocks, the popular leader of the Chinese military, China Nuclear Shipbuilding, exploded with a single board. The trading volume was originally greatly increased, and soon exceeded 10 billion. However, it could not withstand the excessive amount of off-market funds rushing in, and soon closed the daily limit again.

Xingyu Technology, the first stock in terms of market value, is also constantly rising, with the increase expanding to 3.5 percentage points, and Matrix Quantum quickly pulled up to +7.05%, which makes people feel that there is a momentum to rush to the board.

"Wardma duck, crazy, too crazy, elephants are dancing in groups!" At this time, a retail investor was stunned by the market trend of the SGX market.

He thought that the three gap-up long-term positive lines in the previous three trading days were crazy enough, but compared with the current trend, it was still a small matter.

Not only him, almost all investors are similar. This trend has blinded many people. Although they were very optimistic about the market before the opening, this trend still exceeded the expectations of countless people.

Those big guys, Xingyu Technology, Matrix Quantum, Jiuzhou Blue Arrow, etc., rarely took off at the same time in the past market. Most of the time, they are seesaws. When one part shows a bullish rise, the other part will make different degrees of correction.

The most typical example is that when Matrix Quantum took off due to the explosion of its first quarter performance, Xingyu Technology, Jiuzhou Blue Arrow and other stocks actually pulled back.

But today, there was no such pressure, and all took off directly.

…

Stimulated by the opening of the SGX market half an hour earlier, the Shanghai and Shenzhen stock markets next door also jumped up and opened sharply. After opening at 9:30, they also went out of the barefoot yang, and quickly pulled up all the way.

The three major stock indexes showed a unilateral upward squeeze. At around 10 o'clock, the Shanghai Composite Index surged to 3289 points, directly and easily breaking through the high point of 3288 points on April 8, 2019. The trend of the Shanghai Composite Index today is not much different from the New Securities 50 Index.

Because the "three financial idiots" took off across the board.

The three major financial sectors of banks, securities companies, and insurance companies all set off a daily limit surge, and the sector indexes all rose by more than +9%, driving the Shanghai Composite Index to break through the two integer barriers of 3200 points and 3300 points one after another, and went out of the new high since February 2018.

[Are you crazy? This, this, this...]

[If this is not called a bull market now, then I really don't know what a bull market is. ]

[Keep calm, the New Securities 50 Index has been bullish for more than four years. This is the real bull market. ]

[Don't wait and see. The market has risen again while you wait and see. Buy now. Wasting time is wasting opportunities. What you lose is real money. ]

[There is no bottom in the bull market. Every day is the bottom. Don't lose your position. This is an epic bull market! ]

[Today's market is really crazy. If you don't have a stock that has reached the daily limit, you are embarrassed to chat with people. My current floating profit is 70,000, but my rate of return is less than 3 percentage points, which is far behind the market. I will be laughed at to death. It is better to lie directly in the New Securities 50 ETF. ]

[The brokerage ETF is going to have three consecutive boards. Damn, this has never happened in history. It's amazing! ]

[I missed the opportunity. It's so uncomfortable! ]

[The economic fundamentals are there. The terrifying growth of more than 15% in the first half of the year, coupled with the crazy global money printing that has led to asset bubbles, it is right to embrace asset bubbles. As for whether it is a comprehensive bull market or a structural bull market, I personally prefer a structural bull market. ]

[I also prefer a structural bull market. Okay, I'll be frank. What I think of as a structural bull market is that the SGX 50 Index will continue to rise. I am not very optimistic about the two neighboring markets. The Shanghai Composite Index can only reach 4,000 points at most. You ask me why? Because the neighboring market has its own chicken chicken, and after the SGX was established, everyone just watched it for fun. To put it bluntly, no one cares. Whatever happens. ]

[The SGX market is bullish. All stocks are in the red. There is not a single stock that fell today. ]

[There are only 13 stocks that fell in the two neighboring markets. Today's market is too crazy. ]

[People who hold these 13 stocks that fell today must be very angry, haha! ]

……

Time passed by minute by minute, and around 12 o'clock, major market software pushed a news flash:

[The SGX 50 Index rose by more than +5%, and the current transaction volume of the SGX market exceeded 1 trillion]

Countless stockholders and investors were stunned. At this moment, the SGX 50 Index has reached 6970 points. It is very likely to break through the 7000-point mark today, which is another historic leap.

Moreover, just around 12 o'clock, the transaction volume of the SGX market has exceeded 1 trillion. Today, it is very likely to refresh the largest single-day transaction record in history. This is more than 90% probability, and there are still 3 hours of trading time.

There are currently 2014 listed companies in the entire SGX market. Currently, no one has been suspended, and no individual stock has fallen. The overall upward trend is just that the increase is different. In addition, there are more than 270 individual stocks in the SGX market that have closed the board limit.

After a while, major market software pushed the news again:

[Matrix Quantum closed the board and hit the daily limit, the market value reached a historical high of 16.16 trillion, and recorded four consecutive boards in five days. The current trading volume of this stock exceeds 218 billion]

After this stock hit the board and hit the daily limit, the popularity index continued to rise soon afterwards, squeezing out the first-ranked China Nuclear Shipbuilding. Among the top ten popular stocks today, 9 stocks are from the SGX market.

The only stock in the two neighboring cities that entered the top ten popularity indexes was Guangda Securities, the leader in the popularity of the securities sector, which ranked sixth. This stock hit the daily limit today, exploded during the session but also closed back. Recently, it has gone through a 5-day continuous board market, and recorded 7 daily limit boards in the last 10 trading days. It has doubled since the rise, and is the popular leader among securities stocks.

At this moment, everyone felt that today's A-share market was unprecedentedly crazy.

…