Chapter 1653 [The whole market exploded instantly]

The SGX 50 Index surged at the opening, with a big positive line. The 48 constituent stocks in the index were all violently pulled up, collectively attacking the upper limit price quickly. Within 5 minutes after the opening, 11 super large-cap stocks rose by +20% and closed the upper limit, and other constituent stocks followed closely, with more and more closed.

In the past, the SGX Trillion-dollar Stabilization Fund mainly operated the six major SGX 50ETFs, that is, directly buying or selling the SGX 50ETFs, whether increasing or reducing holdings.

But this time, the SGX 50ETF was not operated, but individual stocks were directly operated. For each SGX 50 Index constituent stock, or non-constituent stocks but also large-cap stocks, when the increase was pulled up to +18% or more, the Stabilization Fund directly swept the owner to close the upper limit.

At 9:07, Tongtai Automobile, which had fallen from its historical high of 1.57 trillion and was almost halved, rose to +18.73%. The stabilization fund's funds directly bought at the upper limit price with a super buy order of 2.3 billion. Tongtai Automobile's stock price instantly rose by +20.00% and closed at the upper limit. The stabilization fund then threw out an outrageous 17 billion of funds on the upper limit.

Other super large-cap stocks are almost exactly the same. When the stock price rises to the upper limit, the stabilization fund will strongly pull the upper limit and use a huge amount of funds to directly close the upper limit.

In this way, the chips sold on the upper limit will be traded by the stabilization fund first, which is why Fang Hong wants the stabilization fund to be responsible for the task of closing the upper limit.

At this moment, inside and outside the market.

Everyone looked at the market trend of the SGX market with incredible eyes!

Everyone was completely stunned in front of the screen!

Everyone was stunned!

This was the first time that everyone had seen such a scene. They had never seen it before. The trend in the opening 20 minutes or so made everyone's eyes drop to the ground.

At the end of the morning call auction, the New Securities 50 Index opened higher by +3.91%, and 227 stocks hit the daily limit.

After the opening, the SGX 50 Index went straight up without any retracement, opening an unprecedented epic short squeeze. In just over 20 minutes, the index soared +4.73%, +6.92%, +8.33%, +11.26%, +12.98%...

At the same time, the number of stocks with daily limit increases in the SGX market has increased from 227 at the opening to 337, 469, 808, 957, 1287...

Around 9:23, major market software pushed the message:

[The SGX market staged a wave of thousands of stocks with daily limit increases, with more than 1,350 stocks hitting the daily limit. The SGX 50 Index regained the 10,000-point integer mark, and the increase expanded to +13.57%, setting a new record for the largest single-day increase in history! 】

At this moment, the increase of the New Certificate 50 Index was fixed at +13.57% and no longer moved. The points were also fixed at 10002.63 points and no longer moved. The time-sharing line also began to show a horizontal straight line trend as time went by.

Because the New Certificate 50 Index reached the daily limit at 9:21, and all 48 constituent stocks were capped at the daily limit.

As for why it hit the upper limit at +13.57%, the reason is also very simple. Xingyu Technology and Matrix Quantum, two super big guys, are currently suspended as constituent stocks of the New Certificate 50 Index. The weight of the two stocks is too large.

But if these two stocks are not suspended today and both reach the daily limit, then the upper limit of the New Certificate 50 Index today is +20%. Since these two stocks are suspended, they are calculated according to the closing price on the day of suspension, so the upper limit of the New Certificate 50 Index today is at +13.57%.

At this moment, the millions of stockholders of A-shares, the entire market, everyone, inside and outside the market, major stock forums, and communication groups are all in an uproar!

[It’s not true, it’s definitely not true, I must be dreaming, who will wake me up? ]

[Tell me this is an illusion, right? ]

[Impossible, absolutely impossible! ]

[Snap! Ouch, it hurts! ! This is not fake! This is real! The SGX 50 Index has reached its daily limit! Wardday! ]

[What the hell? What the hell! What the hell! What happened? I woke up and looked at the SGX market, and I was stunned! ]

[Is the SGX trading system out of order? Is it abnormal? How is this possible? ]

[Good guy! Good guy! Good guy! It’s really a Nima Xiaodao Pi Gu, my eyes are opened! ]

[All the stocks on the SGX are in the green, not a single one is down, the smallest increase is more than 6 points, 1390 stocks have reached the daily limit, no, 1400 stocks have reached the daily limit, this is a 20cm long leg, I'm so funny--! ! ]

[All 48 constituent stocks in the SGX 50 Index have reached the daily limit, the SGX 50 Index has reached the daily limit! ]

[Awesome, really awesome, I have never seen such a scene in more than 20 years of stock trading, my eyes are opened, my eyes are opened, oh my god! ]

[Hey, you have seen it now. ]

[I thought it would plunge when the bidding came out, but the SGX 50 Index reached the daily limit 21 minutes after the opening, who could have thought of this? I dare not imagine that it would be such a scene, it is really witnessing history, and it is a series of things I have never seen before! ]

[SGX 50, you are the market index, how can you rise like this? ]

[I was so dumbfounded. I opened the SGX stock price increase list. The whole screen was full of 20cm long legs lying on the trough. It was so high that it made me dizzy. When have I ever seen such a big scene? …]

[The market dares to rise like this, I would never dare to think so even in my wildest dreams...]

[Those who want to bet on the market below 8400 will be so angry if they read the market today. I suggest you not to read the market today...(face covering.jpg)]

[I was cut at 8500 points. I was already paralyzed by gas, my thighs were torn apart, my hands were cut off, and I was so angry that I vomited blood! ]

[It’s really outrageous, it’s just off the mark, it went from over 8,000 points to 10,000 points in less than half an hour! ]

[Great Miracle Day! Big legend day! The strength of this rebound is simply incredible...]

[No, no, what did you say? You call this a rebound? You still call this a rebound? This is a reversal, an epic legendary super ultimate reversal! ]

[I can’t buy it, I can’t buy it at all. I hesitated and didn’t buy it in the morning. Now I can’t even buy the New Certificate 50ETF. I have no chips to change hands. ]

[You’d be a fool to buy this. Those who didn’t get on the bus before 9:20 can’t buy it at all. Even if someone sells and places an order now, they can’t buy it. The terrifying scale of orders in the front is waiting for the transaction to change hands, and it won’t be the turn of the back at all. The list of rows. ]

[Tai Nima is crazy, so what the hell happened? ]

[Bad news: The NSE 50 index entered a technical bear market this week! Good news: The technical bull market is back again this week! ]

[It takes old investors seven years to experience a bull-bear cycle, but new investors are so powerful that they can experience a bull-bear cycle in one week, hahaha! ]

[No, hey, let me tell you, the two cities next door haven’t opened yet, and you guys are already off work? ]

…

At this moment, market sentiment is completely ignited.

However, the SGX market has surged like this, but today's trading volume is not much. Because the market opened with a violent short squeeze, it did not give any time for short-listed funds to react. Fang Hong had no intention of letting his opponents trade in this market. Position closing.

Not only did thousands of stocks raise the market limit in a short period of time, but the daily limit board was also sealed by the leveling fund. That is to say, even if the market holders sold on the board, they would not be able to receive these chips, but would be leveled. Funds change hands because the closing funds at the front of the queue are all leveling funds.

Only when all orders for the stabilization fund are completed can the funds queued up behind take their turn.

But the current situation is that the entire market has shrunk severely. Only one-third of the closing funds of the stabilization fund have changed hands, and then the market has shrunk.

Because those who held chips found that the strength of this order was so terrifying that they did not intend to sell it, and the people who sold it on the board at the beginning also realized that they seemed to have sold out, and it was impossible to take it back after jumping off the platform. , I instantly regretted it and slapped my thigh directly.

It is currently 9:27 a.m., and data shows that all the more than 2,200 stocks in the SGX market have increased by more than +10% at this time, of which 1,559 stocks have reached their daily limit of +20%.

The amount of funds closed on the board for all stocks with daily limit has reached a terrifying amount of more than 3.7 trillion yuan. On average, each stock with daily limit has 2.314 billion funds lined up on the daily limit board waiting to change hands.

The size of the funds in this order made everyone dumbfounded. Whether they were new investors, old investors, hot money, or institutional investors, they had never seen such a scene in their lives. This was the first time.

The amount of funds in this letter has completely welded the car door shut, and not a single atom can get in.

Those who didn’t get on the bus in the first twenty minutes had no chance now and could only watch.

However, this actually diverted the short-term funds to the Shanghai and Shenzhen stock markets next door, causing the two markets next door to jump short and open higher by more than 2 points today.

After the market opened at 9:30, the Shanghai and Shenzhen stock markets also strengthened rapidly. The two markets next door also suffered a heavy decline. The Shanghai Stock Exchange Index dropped from 3,800 points in February to more than 2,700 points the day before yesterday following the NSE 50 Index, a range-wide decline. Over 1000 points.

The funds in the SGX market that were shorted are now also pouring into the two neighboring markets. The Shanghai Stock Exchange Index is also showing a short squeeze situation, soaring by more than 5 points, reaching the 2900 point mark today.

…