Chapter 1348 [Simply Awesome]
Chapter 1348 [Simply Awesome]
Chapter 1348 [Simply Awesome]
The A-share market has over 1.5 million stock investors and over 5 million fund investors, and the number is continuing to increase rapidly.
By guiding them to gradually "move" their money from banks to the SGX market, Fang Hong can ensure that the vast majority of people, more than 70%, in this market can enjoy the dividends of the capital market and promote a virtuous circle.
It is better than them using the money to play "Pitfall" or being exploited by various funds, which results in both ends being blocked, with wealth continuously concentrated in the hands of a few people, leading to economic sluggishness and sluggish consumption.
Another meaning of Fang Hong's launch of the 4 trillion housing plan is to boost the entire economy and consumption.
With such a huge size now, Qunxing has suffered the greatest impact and losses due to the sluggish market and weak consumption. This is actually similar to the fact that General Motors, the old company, gave employees a salary increase. After calculations, General Motors found that giving employees a salary increase to stimulate their consumption can better boost the company's performance and profits. The new performance can cover the cost of the salary increase and still have a surplus.
Today, Qunxing has 1400 million full-time employees, which is an order of magnitude larger than the employee size of the old Magnesium General Company, a difference of 20 times. With such a large scale, the effect will be more obvious.
Fang Hong wants to use the free housing welfare plan to first remove the huge housing burden on the 1400 million employees of Qunxing Group. The consumption potential that will be released will surely be quite astonishing.
The pressure of this mountain is gone. Going clubbing, traveling, watching movies, shopping... you can’t imagine how much young people spend.
As a basic worker with a monthly income of 4,000 yuan, he dared to buy the "four-piece set" of Xingyu Technology without hesitation. He didn't even blink an eye at the thought that the full set of mobile phone, notebook, tablet, and MIX headset would cost tens of thousands of yuan.
This is to boost the performance of galaxy companies so that the entire economy can start circulating.
At the same time, the consumption potential released by these 1400 million people will be dispersed to all walks of life, and non-cluster companies will also benefit, and the entire economic market will become active.
Last year, the national GDP growth rate was 8.57%, and the total amount exceeded 109 trillion for the first time. In Fang Hong’s previous life, the growth rate was 6.85% in the same year, and the total amount was about 83 trillion.
In the first quarter of this year, the national GDP growth rate reached 9.35%. This achievement was made against the backdrop of the continued escalation of the trade dispute with the America. It is highly likely that the growth rate will exceed 10 percentage points in the first half of the year.
It will only be more powerful in the second half of this year. It is highly likely that the annual GDP growth rate will break double digits again, because Qunxing's "7 trillion storage and computing integrated data center" plan has begun to take effect.
It has now launched a 4 trillion free housing welfare plan, which will directly relieve the mortgage pressure of 1400 million people, and their income is already relatively higher than that of their peers.
The next step is definitely to spend like crazy, especially young people, who don’t need to be stimulated to consume. After work, they don’t know which nightclub to go to dance, and when they take a holiday, they don’t know where to travel.
The latest data from Qunxing Capital's internal assessment shows that the national GDP growth rate is expected to reach 10.65% this year, and the corresponding economic output is expected to reach 120.6 trillion yuan. The last time the GDP growth rate reached double digits was in 2010, when it reached 10.64%. Since then, it has been below double digits until last year, and the growth rate has continued to decline by 7% for five consecutive years.
It was not until 2016 that growth accelerated again, and this while maintaining quality, thanks to the accelerated growth brought about by industrial transformation and upgrading.
At the same time, 2016 was also the year when the SGX market was officially launched. After falling to 788.87 points during the initial circuit breaker, it has been on a bull run until now.
The growth accelerated in 2016, and the SGX market was also one of the very important factors.
In 2010, the country's total economic output was just over 41 trillion yuan, and this year it is expected to be 120.6 trillion yuan, a growth of 194% in eight years, nearly doubling the absolute growth.
With such a huge scale, it can still maintain a double-digit growth momentum. Anyone who regards it as a rival will be trembling with fear when seeing this kind of growth. It is really scary.
Last century, people were discussing that it would take until 2 for China's economy to surpass that of Japan. There was nothing wrong with this prediction at the time, because the calculations took into account that not only was China's economy growing, but Japan's economy was also growing.
But what people at that time never expected was that the economy of the small country had remained almost stagnant over the past decade, so the original expected time was shortened by 40 years and exceeded in 2010.
And it's not just the small books. There is basically no growth in Europe as well.
Over the past decade or so, the global economic growth has basically been shared by America and the Eastern Rabbit, with the largest share of growth being the largest.
As a time traveler, Fang Hong knew that in 2018 of his previous life, the country's total economic output was about 91 trillion yuan, while in 2018 of this life, it is expected to exceed 120.6 trillion yuan. The absolute numbers differ by nearly 30 trillion yuan.
We can see the role of Qunxing Capital and the influence Qunxing has today. These figures can also reflect this from the side.
This is why Fang Hong dared to launch a 4 trillion free housing welfare plan at this moment, and it is also the reason why he is sure that America will never dare to kick Qunxing Capital out of the SWIFT settlement system.
In a sense, if one must fall between the real estate market and the stars, the country will definitely choose to let the real estate market fall. Because the former is almost visibly coming to an end, while the latter is constantly expanding its incremental market and making the pie bigger.
……
In the following days, in the capital market, the New Securities 50 Index consolidated in a convergent triangle near the historical high of 3700 points for two weeks, and finally saw an upward breakthrough on Monday, May 5.
On that day, a long-legged bullish candle with large volume reached the 3800-point integer mark in one fell swoop, and rose by +2.95% after the market, closing at 3830.17 points. The SGX market's full-day trading volume reached 6188 billion.
The next day, Tuesday, the SGX 50 Index closed up again by +1.58% at 3890.73 points, and the SGX market volume further increased to 6425 billion.
After that, it began to fluctuate upward with shrinking volume. It had a slight correction of -0.12% on Wednesday, and hit a new historical high on Thursday, and stood above the 3900 point mark. The volume shrank by 5566 billion on that day, and the Xinzheng 50 Index closed up +0.97% at 3923.72 points.
进入5月份的第二周继续缩量上涨创新高,5月15日周二当天,新证50指数收涨+1.15%,报3979.11点。
After two days of correction, on Friday this week, the Xinzheng 50 Index closed again with a long positive line, up +2.47%, breaking through the 4000-point integer mark in one fell swoop, closing at 4027.62 points, and the trading volume also increased again to 6000 billion.
Immediately on the next trading day, the trading volume increased to 6369 billion and closed up +1.20% at 4075.86 points. The intraday high reached a new high of 4085.45 points.
In just about half a month in May, the Xinzheng 50 Index achieved a cumulative increase of more than 10 percentage points, and the stock index stood above the 4000-point integer mark. The market was boiling, and discussions in major stock forums were extremely hot.
[What? It was still at 2600 points half a year ago, and now it has exceeded 4000 points?]
[It’s so awesome!]
[I suddenly felt very uncomfortable. It turns out that my A-share index is really rising all the time. It has been rising for almost a year...]
[The chicken feet are exposed... (manually funny)]
[The annual line has risen by more than 40 points. Great! Among the major global stock indices, the Xinzheng 50 Index is definitely the most attractive one.]
[I haven't checked the market for a week. Has it broken through 4000 points?]
[Foreign investment: I haven’t gotten on board yet!]
[To be honest, it is hard not to suspect that this is because foreign capital was allowed to come in to take over. The price has risen so fiercely, but the question is, are foreign capital so stupid... (covering face and crying with laughter.jpg)]
[Then go play next door. The market next door has not yet reached 3200 points. It is super stable... (manually funny)]
[Hahaha! ]
[When the Xinzheng 50 Index fell to its historical lowest point of 788 points, the screen was full of ridicule from stock experts and experts. When it was 1500 points, they said it was just a flash in the pan. When it was 2000 points, they said to be careful when buying. When it was 2500 points, experts shouted that the bubble was huge and very dangerous. When it was 3000 points, experts exclaimed that the cosmic top was about to come. When it was 3600 points, the sharp drop and correction made experts call it a collapse. Now it is 4000 points... experts haven't thought of a good word yet (Shiba Inu/.jpg)]
……
(End of this chapter)
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