Chapter 853 [Wealth Fund]

The A-share market is about to usher in a new bull market, but now before the rapid rise, the current overall market value of Big A, including the listed companies of the Galaxy Group, is only 24 trillion yuan. If the Galaxy Group is excluded, Those listed companies only have a little over 18 trillion.

In ten years, the market value of a Xingyu Technology company will be comparable to the current total market value of the entire A-share market. The realization of the strategic plan of the independent valuation system of Xingxing means the success of the second reservoir.

By then, there will be no need to clean up the real estate mess, and you can avoid being the wrongdoer.

The biggest role of the property market is actually to absorb a large amount of additional currency issued due to credit expansion. These currencies cannot flow into the general commodity market, otherwise it will cause prices to skyrocket. A bottle of mineral water sells for 100 yuan, which is something that the upper management does not allow to happen.

Looking at it, the large markets are nothing more than the bond market, the stock market and the property market. If the bond market and the stock market cannot be counted on, naturally the property market can only bear the responsibility.

Therefore, after the currency is locked in the property market, the price of houses is reflected soaring.

The real estate market will not be able to hold on in the future, but with the independent valuation system of Qunxingxing established, the additional currency can flow into the stock market and enter the listed companies of Qunxingxing. The most intuitive reflection is that the stock prices of those listed companies can Keep rising.

You need liquidity, you need size, you need confidence, and everyone can hold these stock assets with confidence.

By then, the property market can really be declared a thing of the past, and this chamber pot can really be kicked away and no longer needed.

As for real estate tax, it can be introduced calmly and calmly, and the gap in local finance can be filled. Even if it triggers a collapse of house prices, it will not cause any harm.

The sharp plunge in house prices represents a large-scale flight of currency locked in the property market. A series of listed companies in the galaxy will gradually take over these currencies. The asset wealth of the residents will no longer be reflected by houses, but will be held in the stars in the future. It is reflected by stock assets.

But at this moment, Tian Jiayi couldn't help but say: "Once the independent valuation system strategy of Qunxingxing is successful and supports a market value of 300 billion, the Shanghai Stock Exchange Index is not only expected to break through the historical high of 6124, but it will also reach 30,000 points by then. Around. Why are you smiling so weirdly? Am I right?"

The beautiful assistant also looked puzzled when she saw Fang Hong's intriguing look.

Fang Hong restrained himself a little, and then said slowly: "It's difficult. Our Big A is gaining weight every year. It's a bit difficult to rise higher. Maybe the Shanghai Stock Exchange Index will still be more than 3,000 points in ten years."

Tian Jiayi was slightly stunned: "How is that possible?"

Fang Hong said calmly: "Nothing is impossible. The rules and mechanisms of Big A have been determined. Not everyone can have the conscience and self-discipline like our galaxy. In a healthy capital market, there will never be hundreds of Thousands of companies are queuing up to go public, but you’ve also seen that there are a lot of companies queuing up to go public.”

Immediately afterwards, Fang Hong looked at her and said: "A group of people are rushing to get listed. What does this mean? It means that money can be obtained easily here, and they are all eager to get some money. If the money is easy and the risk is small, why don’t we rush to it? On the contrary, it is impossible for everyone to squeeze their heads and want to IPO.”

It can be seen that even if the size of the Galaxy is getting bigger and bigger, there is a high probability that the Shanghai Stock Exchange Index will continue to fly at 3,000 points. The bigger it gets, the more junk companies and money-making companies will be brought in. , and their valuations become even more extremely abstract.

Listing is the peak, performance will change immediately, and then the boost to the index will be evened out. Maybe in ten years' time there will be 10,000 listed companies in the A-share market, allowing the Shanghai Stock Exchange Index to stay at more than 3,000 points for a lifetime.

Fang Hong said leisurely: "If the listed companies in our galaxy desperately want to push the index up, there will be a large number of people who will try their best to pull the index down. You see, the speed of new share issuance in the A-share market in the future will depend on There will be a positive correlation between the two and the market value growth rate of listed companies in the galaxy."

Because there is another group of vested interests in the financial circle, including those in the village who lost a group of people due to the stock market crash in the future. Those who take office are afraid that the stock market will skyrocket and there will be a stock market crash, so they do not want the skyrocketing. It is best to maintain 3,000 points forever. .

Although there is no merit if you do nothing, there is no fault either. No fault means merit.

Well, as long as it doesn't let you go up, there won't be a stock market crash.

This series of considerable realistic factors has destined the market index to hover around 3,000 points for a long period of time.

Tian Jiayi on the side said thoughtfully: "In this way, in the future A-share market, the market index will hover around 3,000 points for a long time, while the listed companies in our galaxy will break away from the scope of the index and independently go out to the US stock market. Such a bullish trend..."

Fang Hong smiled and said: "How about calling it an independent valuation system strategy?"

In the A-share market in the future, the market index may stay at more than 3,000 points for a long time and jump repeatedly, but there is one sector that will definitely grow, and that is the Galaxy Listing sector, which will definitely maintain a bullish trend for ten years. , what a mess.

Even if some black swan factors led to emotional wrong selling during the period, the selling will still go up after falling, and will continue to reach new historical highs. Instead of thinking about the many junk stocks in the current A-share market, they will not be delisted until they reach the top of the universe. It's impossible to go back again.

In fact, one of the major factors for the U.S. stock index's success is the update of their constituent stock samples. Not only are the samples selected large in size, but the listed companies selected are also in the rising stage. Just eliminate them and replace them with new potential stocks, so that the U.S. stock index can grow.

On the other hand, large A-shares are an abstract group. The selection criteria are based on market capitalization and liquidity. Often when a listed company is in its growth stage, it cannot be included in the sample because its market capitalization is not high. Well, the company takes off. Now that I have met the selection threshold, I have enough liquidity, and I meet the selection criteria, I can get in.

But when you come in at this time, the stock has already been frothy and speculated at extremely high prices. It has become liquid because the main players have already shipped. If you let it in at this time, it will definitely continue to fall.

This is not the end yet. When you fall completely, the liquidity is gone. Well, now the liquidity and volume do not meet the standards, so you will be removed from the index.

When it rises to the sky, it is added to the index. When it falls to the floor, it will enter the rising cycle and eliminate others. If the index does not stay at more than 3,000 points all year round, there will be trouble.

Finally, Fang Hong thought for a moment and made a decision: "Establish a subsidiary wholly owned by Qunxing Capital, and the company will establish a wealth investment management fund company. This wealth fund company is a financial product for the middle class and the lower class. , instead of targeting the wealthy group. If the wealthy group wants to entrust asset management, just let them go to Chen Yu’s quantitative capital next door.”

Fang Hong paused for a moment and added with a smile: "In this wealth fund company we set up, the money raised only goes to one place, and that is to hold the stocks of Qunxingxing's listed subsidiaries, which can ensure the independent valuation of Qunxingxing. The system has added a huge amount of liquidity as a backing, and at the same time, it also allows the middle and lower class people, who represent the absolute majority, to share in the dividends of industrial upgrading."

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