Technology company, I will become the light of China!

The next day, in the morning.

From social workers to adult students, everyone is paying attention to one thing, and that is the new stock subscription at 9:30.

No matter whether it is Longxing Group, Kunpeng Company, ByteDance or Xinjiang Technology, as long as you win the lottery, you will get double or even several times the profit.

Anyone who has invested in new stocks knows that the opening price of technology stocks is generally three times the subscription price, and some can be more than five times.

To put it simply, winning the lottery is equivalent to winning the lottery.

Since it is clear that there is money to be made, who would not actively apply for subscription?

Many college students talk about the stock market while eating breakfast.

"It's good that technology is highly developed. If it were more than a decade ago, my dad told me that to apply for new shares, you had to queue up at the stock exchange to get a number!"

"Wow, Zhang Yang, your dad started investing in stocks so early, he must have made a lot of money, right? I heard there were several big bull markets in the early 2000s!"

"Looks like he's a second-generation ticket holder, Brother Fu!"

"If I were Brother Fu, I wouldn't even be studying at a domestic university. I would have gone abroad for further studies long ago."

"So your dad didn't make any money?"

"Not only did he not make any money, he lost everything. He invested heavily in both the Internet technology bubble and the 2008 economic crisis. My family traded their BMW for a Santana, and now the sun is setting!"

"You've lost so much, so why are you still investing in stocks?"

"I'm not speculating in stocks, I'm investing in value. This time the country has vigorously rectified the stock market and allowed a number of high-quality technology companies to go public. Not to mention me, even my dad couldn't help but get involved again."

Not only were students talking about it, but even the waitress who was serving food was talking to the chefs in the kitchen about stock market subscription when she had some free time.

It is no exaggeration to say that the entire Dragon Country is thinking about investing in the stock market.

Not only the people of Longguo, but also people around the world have learned about the changes in Longguo’s stock market through TikTok. The number of people consulting and opening accounts has reached tens of millions. Some large brokerage institutions have also launched 24-hour consulting services, giving the green light for international capital to invest in Longguo.

As 9:30 approached, the new stock subscription channels of various domestic securities trading software and brokerage account pages have been opened normally.

Clicking into the new stock subscription page, the list clearly shows fourteen stocks, all of which are technology stocks.

Longxing Group (stock code 100001) has 7.5 shares available for subscription and a subscription price of 0.71 yuan.

Kunpeng Company (stock code 100002) has 1.6 shares available for subscription, with a subscription price of 3.63 yuan.

Jiangyu Technology (stock code 100003) has 1.9 shares available for subscription and a subscription price of 1.96 yuan.

ByteDance (stock code 100004) has 1.4 shares available for subscription and a subscription price of 2.44 yuan.

"It's out, it's out, the list of companies that can subscribe is out, Longxing Group can subscribe for 7.5 shares, the maximum subscription is 53250 yuan, do you want to go for it directly?"

"I think we shouldn't rush. If you all rush, my chances of winning will be even smaller!"

"Wow, you're really Old Six!"

"I have already subscribed for all the shares, which is less than one million. If I win, I might be able to triple or quadruple it."

"I'm willing to exchange my ex-girlfriend's 10 years of life for winning the lottery for Longxing Group!"

When the list of eligible companies came out, the whole world was in an uproar, because the subscription quota given by a single account was too small.

Even if you apply for all the technology stocks at the maximum amount, the cost will be less than 100 million.

However, it is precisely the strict restriction on the number of shares that can be subscribed by a single securities account that can ensure that more people can win the lottery and the wealth created by the stock market can be evenly distributed.

Financial bloggers have all started live broadcasts at this moment.

Guanqi, nicknamed the "conservative leader", blushed in the live broadcast room and angrily denounced the China Securities Regulatory Commission.

"No, less than 100 million shares have been subscribed. What are you doing, CSRC?"

"Longxing Group's maximum subscription amount is only 5.3. Who can afford this amount of stock? If Westerners see this, they will think that the people of Longxing cannot afford to buy stocks!"

"I, Wu Qi, protest with my real name. I want a higher subscription amount!!!"

The conservative leader took the lead personally, and Xue Song, as a leverage radical, was naturally more radical and directly demonstrated his own methods.

Your own securities account, apply for the maximum amount.

Apply for the maximum amount for your wife’s securities account.

Apply for the maximum amount of shares in your parents’ securities account.

I even subscribed to the maximum amount for my father-in-law and mother-in-law's securities accounts.

The most important thing is that he borrowed the securities account of someone else's wife, that is, his ex-girlfriend, and used the same money to apply for stocks, and promised to give half of the money to her after winning the lottery.

Xue Song's move has been imitated by many people. Some people even took leave to go home to visit their parents in the countryside and help them open securities trading accounts in time.

The manager of the securities company felt a surge of emotion when he saw the elderly people with dark skin, wrinkles all over their faces doing the facial recognition remotely and the radical risk assessment.

Is this a personal risk assessment?

Can you fool around a little bit?
Although they may complain in their hearts, securities companies are still happy to help open accounts. After all, they still have to make money from users' transaction fees.

……

And at the same time.

the other side.

Weibo information platform.

After a busy morning, many securities companies issued announcements at noon announcing the number of newly added securities accounts, which shocked countless people.

Longxin Securities: 140 million.

Guosen Securities: 97.

Oriental Fortune: 123 million.

……

Founder Securities: 107 million.

The terrifying number of new accounts also made investors excited.

[Big A-share God]: "The bull market is coming. This time the bull market is really coming. Tens of millions of securities trading accounts have been added in just this morning. I feel like the market will rise so much tomorrow when it opens that I will feel dizzy!"

[I am Xiao Xiaochao]: "After years of perseverance, I have already smelled the faint aroma of calves."

[Unconventional]: "Just now when I was buying vegetables at the market, even the aunt was discussing Longxing Group and Kunpeng Company. You can imagine how popular it will be when the store opens tomorrow!"

[Little Bird]: "All in, go for it!"

According to statistics from the previous two years, the number of stock investors in Long Country was 3.3 million. After several years of bear market, the number of stock investors still trading is less than 6000 million.

But today, in just one morning, more than 1000 million new securities trading accounts were added, which is enough to illustrate the market sentiment.

Those who are familiar with the underlying logic of the stock market know that investor sentiment is the market trend.

Who dares to go against the trend?
Not to mention institutions, even the country's nanny funds will not go against the trend.

Therefore, in many bear markets, the state’s nanny funds can only support the market and save it, but cannot reverse the situation on its own.

Not only in the stock market, but also in the bond market, futures, and the entire financial industry, trends are the key to determining whether a transaction can be made.

If you buy in a downward trend, there is a high probability that you will be trapped.

However, if you buy in an upward trend, you need to pay special attention to the peak signal, otherwise you may also be penalized at a high level.

Judging the trend is the first step, and accurately finding the bottom and escaping the top is the second step to becoming a genius trader. Without these two points, you will only lose money regardless of whether it is a bear market or a bull market.

Due to the US dollar interest rate hike, the Longguo stock market has fallen by 40%. The A-shares have even come to the battle to defend 2800 points. It is a definite downward trend and there is no bottom in sight.

But with the intercommunication of data among the three markets and the entry of fourteen technology stocks into the market, this gave a very obvious bottom reversal signal.

If you don’t actively participate at this time, when will you participate?
Precisely because the bottom signal is obvious, a large number of investors have begun to return, and new investors are studying how to trade stocks.

And at the same time.

Longguo Securities Regulatory Commission Headquarters Building.

Xiao Gang looked at the data reported by the securities company and couldn't help laughing: "Hahaha, 1074 million new accounts were added in the morning, and 60 accounts subscribed to the maximum amount, which means 6000 billion yuan of funds participated. The remaining 1014 million accounts, conservatively estimated, have trillion yuan of funds."

"It seems that the bull market is really coming." Assistant Wang Shaoping quickly agreed, and he could no longer suppress the smile on his face.

"Not only is it coming this time, but it's also a big bull market. Maybe it can last for more than a decade like the US stock market!"

Xiao Gang said in a happy mood.

A few days ago, the A-share market was still open and its daily trading volume was 8600 billion.

Now there are 2 trillion yuan of funds ready to enter the market just for subscription. If there is no increase in price, it would be truly unjust.

For Xiao Gang, if the stock market does well, he can naturally go further and realize higher ideals and ambitions.

Chen Xing, who was far away in Shenzhen, was also paying attention to Internet information. After reading the news about 1000 million new securities trading accounts in the morning, he had a rough idea of ​​how crazy the stock investors were.

After listing, Longxing Group's total share capital is 1.7 trillion shares, the circulating share capital is 5100 billion shares, the subscription price is 0.71 yuan, and the total funds raised are 3621 billion.

The 3621 billion yuan of funds are evenly distributed among 1000 million new stock trading accounts, which means that each account only needs to bear 3.621 yuan, which is not enough for the maximum subscription of 5 yuan.

In addition to new accounts, there are also old accounts. According to the current trend, the number of accounts applying for subscription will definitely exceed 100 million.

According to the 3.3 million shareholders previously counted, plus the more than 1 million shareholders expected to increase, a total of 5 million shareholders are applying for subscription. This number is much smaller than the actual number because there is also international capital applying for subscription.

This means that, conservatively speaking, with 5 million accounts applying for subscription, the probability of winning the lottery is 50 to 1, which means that out of 50 people, only 1 may win the lottery.

Of course.

This is a rough estimate, and the actual winning rate will be lower.

……

The eyes of the whole world are on the Longguo stock market, and with the trend of opening Longguo securities trading accounts, the development of events is extremely consistent with expectations.

The next day, not only was subscription open as usual, but Longguo’s new stock market also reopened with a T+0 trading model.

What is T+0?

To put it simply, during the trading hours from 9:30 a.m. to 3: p.m., retail investors and institutions can buy and sell at any time.

The previous T+1 allowed buying at any time, but selling required waiting for a trading day, which meant buying today and selling tomorrow.

Although the Longguo stock market has opened, technology companies such as Longxing Group, Kunpeng Company, and ByteDance are still in the subscription stage and do not display real-time trading stock prices.

Perhaps because of this, the Jinlong Technology Index, Hang Seng Index and Weighted Index all moved more conservatively, but still gave a good increase of 1.7%, 1.9% and 1.6% respectively. The Jinlong Technology Index also rose from the initial 2700 points to 2745 points.

At 3 pm, the market closed and the subscription channels for technology companies such as Longxing Group, Kunpeng, ByteDance, and Xinjiang Technology were closed. Xiao Gang couldn't wait to check the final number of subscription accounts and the total subscription amount.

"The number of subscription accounts is 8.4 million, and there are 9400 million overseas accounts, which greatly exceeded my expectations!"

Xiao Gang's face was already filled with joy. This was something he had never dared to imagine before. 8.4 million securities accounts participated. Even in the US stock market, it was impossible to have so many active securities trading accounts!
The most crucial thing is the 9400 million overseas securities trading accounts, which shows that international capital has initially recognized the Dragon Country’s stock market and they have begun to make their moves.

Xiao Gang clicked on the total amount again, and the regulatory system showed that the total amount of subscription reached an astonishing 6 trillion Longguo currency.

6 trillion Chinese yuan divided by 8.4 million securities trading accounts is equivalent to an average investment of 7142 yuan per account.

At first glance, it is only 7142 yuan, but in fact the participating funds have exceeded 6 trillion yuan. This is the power of average.

"It's stable. Everything is stable."

Xiao Gang was extremely excited. After calming down, he quickly notified Wang Shan and the head of the financial system.

When these people learned that the funds participating in the subscription amounted to 6 trillion Longguo currency, everyone secretly breathed a sigh of relief. This time, the Longguo economy might really usher in a complete transformation.

……

After the subscription is over, the lottery phase begins.

In order to ensure fairness and justice, the next day, a reporter from Taiwan National Television went to interview the owner and wanted to find out the truth.

Facing the camera, Xiao Gang was well prepared and answered: "There are 8.4 million valid accounts participating in the subscription this time. According to statistics, the probability of winning is 100 to 1, which means that for every 100 subscription accounts, one account will get the subscription right."

"After you win the lottery, you can exercise the right to purchase, right?"

Sabine asked.

"Yes, after winning the lottery, you can apply for the corresponding shares. If you don't want them, you can give up within the specified time." Xiao Gang continued to explain.

"I see."

Sa Beining suddenly understood.

Then he asked, "If I win the lottery and subscribe to these stocks, can I sell them all on the day of listing?"

"You can sell them all. Our stock market now implements a T+0 trading model. As long as you are within the trading hours, you can buy and sell at any time without any restrictions."

"but."

Xiao Gang just finished speaking and reminded earnestly: "I think everyone should be more patient with these 14 technology stocks, because their valuations are really very, very low, especially Longxing Group, whose valuation and net worth are almost the same, which is a rare thing."

"Does it mean long-term investment?" Sa Beining asked.

"It's just a suggestion. When it comes to investment, everyone has a different trading style. It depends on how the individual operates."

Xiao Gang did not make any guarantees, and his identity did not allow him to make any guarantees.

However, from his perspective, and from a financial perspective, Longxing Group is indeed worthy of long-term investment, and it is an investment that ignores volatility.

why would you say so?

For technology stocks, a valuation of 20 times is very common.

How much is Longxing Group?

Not even 1x valuation.

All financial institutions and analysts suffered setbacks.

According to the new stock listing, plus the special environment of technological attributes, Longxing Group has at least 20 times of growth space. In this situation, who would do short-term trading? Who is willing to be short-sighted?

As the village chief of the China Securities Regulatory Commission, Xiao Gang naturally could not say that Longxing Group had 20 times of growth space. He just gave some vague investment tips.

After the national TV content was broadcast, online public opinion intensified.

[Trend King]: "Village Chief Xiao has made it very clear. This time it is a value investment. If you win the lottery, don't rush to sell it!"

[爷傲灬奈我何]: "Longxing Group is almost inflated. Whoever sells it is a fool. In the long run, it will at least increase tenfold!"

[Wang Shu loves to invest]: "When Penguin first went public, the share price was just over 3 yuan, and now it is almost 160 yuan. I don't believe that Longxing Group can't beat Penguin. Just hold on to it!"

[Investment Newbie]: "My girlfriend won't let me play in the stock market, saying it's full of scams. She's also breaking up with me. What should I do? Waiting online, it's urgent."

Looking around, everyone is full of hope for the new stock market and is looking forward to the fourteen technology stocks that will soon be listed on the trading market.

Some people are happy, while others are naturally sad.

Far across the ocean in the United States, Finance Minister Mike Sunshiny felt his scalp tingling when he saw the horrific data released by Xiao Gang.

"8.4 million securities trading accounts, 6 trillion in subscription funds, oh my god, is this true?"

He panicked.

This time he was completely panicked.

No wonder the U.S. stock market has shrunk in the past two days. It turns out that a group of international funds have quietly withdrawn.

The money in this world is limited, or in other words, there is a total amount.

Anyone who has studied finance knows that money is money because it has purchasing power.

Why does money have purchasing power?
It's simple, hook up.

Common pegs are gold, silver and oil.

With the development of the times, paper money has gradually decoupled from gold, silver, and oil, or semi-decoupled, and instead been linked to the country's sovereign credit.

Suppose a country's output is insufficient but it keeps printing money crazily, its sovereign credit rating will naturally decline, and the international community will not recognize the value of its currency, which will then depreciate crazily.

At first glance, it seems that there is a lot more currency, but the actual purchasing power has not increased. To a certain extent, it still has the same amount of money and has not changed.

This is also the fundamental reason why there is a total amount of hot money in the world.

Not only did Michael Sunshini have a headache, but Renato Marotta was stunned and completely at a loss.

He raised tariffs on goods.

He also did the technological blockade.

What other means are there?
There was nothing he could do.

The rise of Dragon Country was so fast that they did not carefully study the composition of Dragon Country's economic system.

When Michael Sonnchen and Renato Marotta were at their wits' end, the Federal Reserve held its March interest rate meeting.

Those who are deeply involved in finance know that the Federal Reserve holds eight interest rate meetings each year, six weeks apart. Among the eight meetings, the one in March is the most important.

It can be said that the interest rate meeting in March directly set the tone for the entire year.

"We have no retreat."

In the restroom of the Federal Reserve, Davic looked at the data released by Xiao Gang and glanced at Wei Yandao who was standing aside.

"With 8.4 million active accounts, it seems that funds have begun to flow out. If you cannot convince them to raise interest rates this time, the empire may really collapse." Wei Yan gave the worst possible outcome.

No one expected that the Dragon Country stock market data would be so good, Davic...

Do not!
It should be said that Jewish capital and Ansa capital have no way out.

"I hope this data can convince them." Davic said in a deep voice.

Although he said that the Federal Reserve is actually controlled by the Rothschild family, this does not mean that Davichi can raise interest rates at will. He must give impeccable reasons to win votes and deal with interviews with reporters.

Walking into the conference room, 18 decision-makers stood up.

Six of them are from the Federal Reserve and 6 are presidents of local banks.

"sit down."

Davic greeted him and sat down.

After sitting down, he did not beat around the bush and directly took out the data and said, "In the past year, our U.S. economic data has received positive feedback."

"The number of people receiving unemployment benefits fell by 1.4 at the beginning of the month, non-agricultural employment increased by 27, the CPI data increased to 3.2%, and the consumer confidence index rose sharply."

"As you can see, not only did we have a steady increase in non-farm payrolls, but the consumer confidence index also rose sharply, but the CPI data rose by 0.3%, which is not good for inflation. I think we can continue to raise interest rates to prevent future inflation risks."

"Wow—"

There was an uproar in the conference hall.

“More interest rate hikes?”

"If the interest rate is raised from 10%, it will be more than 11%, right?"

“Can the bond market hold up?”

"Although the data has good positive feedback, the interest rate hike is too radical."

Listening to the discussions of the participants, Davic spoke again: "In addition to suppressing inflation risks, raising the interest rate by 2% can also prevent capital outflows. The Dragon Country stock market has begun to withdraw our funds. If we don't raise the interest rate, the consequences will be disastrous."

“So everybody, vote.”

Davic didn't give them time to think and took the lead in voting.

For a while.

Everyone looked at each other.

But gradually, some people raised their hands in agreement.

The presidents of local banks raised their hands one after another, and the six members of the Federal Reserve had no choice but to follow suit and vote.

There was nothing the bank president could do even if he agreed, because Davich mentioned capital outflow, which was something that could not happen.

You know, there is no capital control in the United States, and money can flow in and out freely.

If this amounted to hundreds of billions of dollars, the U.S. economy would be shaken.

Moreover, raising interest rates is a good thing for bank presidents. More money will flow into the banking system, and they will have more room to maneuver. If something really happens, the most they can do is declare bankruptcy, and all debts can be written off.

Yes!

The United States allows banks to go bankrupt!

The subprime mortgage crisis in 2008 was caused by too many bad bank debts, which led to banks declaring bankruptcy one after another, and eventually the financial tsunami swept the world.

But if we change to Longguo, let's not talk about the small local banks for now, just talk about the four major banks. There is no way they can declare bankruptcy, after all, they have the support of the central bank behind them.

When the vote was passed, Davic secretly breathed a sigh of relief. He was really afraid that these old foxes would find out that there was something wrong with the data.

fortunately.

It's passed.

After the internal interest rate meeting ended, Davich also came to the Fed's speaking room.

Facing the eyes of reporters around the world, as well as the lenses and cameras, he announced the interest rate adjustment plan: "Good afternoon, everyone. After the March interest rate meeting of the Federal Reserve, we decided to increase the deposit rate by 2% from today, and the total interest rate is 12%. Thank you."

(End of this chapter)