The bubble in Internet technology stocks is still building up in the Nasdaq market. Today, there is no Internet technology stock company with technological content in the Penghu stock market.
The Dow Jones Index hit record highs of 8000.08 and 8027.68 points on July 8 and 9; it closed at 7842.43 points on July 9, down 119.88 points or 1.51%.
On July 10, affected by the heavy volume decline of the Dow Jones stock index, the Hang Seng Index opened at 14666.8 points, opened 172.4 points lower, and dropped to a low of 14549.9 points. Buying orders poured in, and the market rose all the way, reaching 14849.7 points and closing at 14839.2 points. At the close, it rose 135.5 points, or 0.92%, ending five consecutive days of decline, with heavy volume and a full-day fluctuation of 2.04%.
The Hang Seng Index closed at its highest point of 15225.3 points on the 11th, setting another record high, rising 386.1 points, or 2.6%, with trading volume increasing by 30%, a huge increase in volume!
The world's top investment institutions such as Merrill Lynch and JPMorgan D. Morgan have released investment strategies. Affected by the stable transition of the regime and the listing of red-chip stocks, the Hang Seng Index will continue to hit new highs. The Hong Kong Stock Exchange will become the world's fifth largest stock and futures trading market.
The enthusiasm of investors in the Xiangjiang market has been mobilized again, and they have entered the market one after another, and the transaction volume continues to increase.
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The Dow Jones Index closed at 7886.76 points on July 10, an increase of 44.43 points; it closed at 7921.82 on July 11; starting from July 2, when the Thai baht fell sharply, causing a sharp decline in major Southeast Asian stock indexes, to today, the Dow Jones Index rose by 199.49 points, an increase of 2.58%; the Nasdaq index rose 64.37 points, or 4.48%!
Two days after the market closed, the Hang Seng Index hit a record high of 15,502.5 points on July 14, closing at 15,370.9, up 145.6 points, or 0.95%; on July 15, it hit a record high of 15,509 points, closing at 15,487.2 points. It closed with an increase of 116.3 points, or 0.76%; on the 16th and 17th, it hit record highs of 15635.5 points and 15783.3 points respectively, and the daily turnover expanded to more than 30 billion Hong Kong dollars.
On the evening of the 17th, TCG issued an announcement. The company’s controlling shareholder Taobao Holdings Co., Ltd. is optimistic about the long-term development of TCG. Due to investment needs, it has successively reduced its holdings of 21.5 million shares, 28.6 million shares, and 37.6 million shares of TCG shares on the 15th, 16th, and 17th. , cashed out more than 1.163 million Hong Kong dollars, and will continue to reduce its holdings in the next week, promising to reduce its holdings by no more than 5% of its shares.
On the 17th, TCG’s closing price was HK$126.35.
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Singapore.
"George, Sun Jian seems to have anticipated our short-selling plan and cashed out more than 20 billion Hong Kong dollars first!"
Julian Robertson, the president of Tiger Fund who was taking command in Hong Kong, carefully read TCG’s announcement, had a premonition that something was not going to happen, and called George Soros, the president of Quantum Fund.
The last time Sanxin Real Estate Company announced, the company's controlling shareholder HTIC transferred 200 million shares of Sanxin Real Estate Company, cashing out more than HK$8.7 billion, giving up its position as the largest shareholder.
Sun Jian has plenty of cash in his hands.
"Julian, don't worry too much. Bad things may turn into good things. We will continue to push up the Hang Seng Index as planned. If the news is released that the richest man in China is not optimistic about the Hong Kong stock market, it will accelerate the decline of the Hong Kong stock market!"
Soros admired Sun Jian's prediction ability. Fighting with such an opponent aroused his fighting spirit. If he took the opportunity to short TCG and cut off a large piece of flesh from Sun Jian, it would be an unexpected gain.
"Great idea George!"
Julian Robertson admires Soros's adaptability. Now that we are all on the same ship, facing rough waves, we can only face them together.
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On the 18th, affected by the negative news that TCG, the largest constituent stock by market capitalization, suddenly announced a 5% reduction in holdings, the Hang Seng Index opened at 15611.5 points and opened lower by 94.8 points. Profit orders poured out, and the lowest dropped to 15554.1
Points, funds poured in to grab the rebound, and the market filled the gap in the downward jump, rising to 15769.4 points. Short sellers rushed out, and the market closed at 15570.4 points, down 135.9 points, or 0.87%.
On the 21st, the Hang Seng Index closed at 15536.3, down 34.1 points; on the 22nd, it closed at 15446.8 points, down 89.5%.
Affected by Taobao Holdings' reduction of 5% of its holdings in TCG stocks, the Hang Seng Index fell 259.5 points, or 1.65%, in three trading days, and the daily turnover expanded to more than HK$40 billion, a massive drop!
On the 22nd, the Dow Jones Index closed at 8061.65 points, an increase of 154.93 points, or 1.96%. The turnover increased by nearly 30%, and the volume increased.
On the 23rd, affected by the heavy increase in US stocks, the Hang Seng Index opened at 15551.2, opening 104.4 points higher. The opening point was the lowest point. The market opened higher and closed at the highest point of 15738.8 points, up 292 points, or 1.89%. Transaction volume reached HK$50.462 billion, rising in volume!
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July 26, Saturday.
Stanford University Summer Commencement Ceremony.
"mom……"
"My precious girl..."
…
On July 24, accompanied by bodyguards, Sun Jian and Liu Yue took Sun Dong, Sun's father, Sun's mother, Liu's father, Liu's mother, Xiang's father, and Xiang's mother by plane to San Francisco. The group met with Xiang Dongping. , and then escorted by bodyguards, they were driven to the Stanford Park Hotel to stay. After hearing the news, Sun Yuan, Liu Xin and Xiang Dongting came to the hotel and saw their parents. Mother and daughter hugged each other with tears in their eyes.
Sun Jian, who was born in the second generation, had a sore nose and hot eyes.
Children have grown up, but in the eyes of their mother they are always children who have not grown up, and they worry about them day and night.
After rebirth, the fate of Sun Yuan and Liu Ting changed. Is it a disaster or a blessing? Just try your best and that’s enough!
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At 8:30 am on the 26th, a group of people walked into Stanford University to attend the MBA graduation ceremony of three people.
The Stanford University Stadium was filled with a festive atmosphere. About 5,000 students received bachelor's, master's and doctoral degrees respectively. More than 10,000 graduates' relatives and friends from all over the world witnessed the exciting and unforgettable moment for all graduates and everyone present.
Sun's mother and Liu's mother felt a little restrained when they saw students and parents of various colors. Liu Yue stayed with their mother.
Sun's father and Liu's father held Sun Dong's hand, hiding the embarrassment in their smiles. They only knew a few words of greeting in English. Sun Dong had no stage fright at all and spoke fluent American. He greeted the stewardess in the business seat from the moment he got on the plane.
Xiang Zhongying and Zhao Keyu have seen big events. In order to attend their little daughter's graduation ceremony, they did enough homework at home and were confident that they would not embarrass their little daughter. But faced with this situation, they forgot how to say hello? With a dry mouth, Xiang Dongping held her mother's hand and smiled brightly.
Sun Jian was pushed out by the crowd and met with the family of Olivia, a friend of his three younger sisters.
Xiang Dongping has met Olivia many times. She is a beautiful and generous girl, but she has never met her family.
Olivia's parents are doctors at Massachusetts General Hospital. Before her grandparents retired, they were teachers at Stanford University. After retiring, they worked as English teachers at Yenching University for three years. Olivia was influenced by her grandparents and had a deep understanding of Chinese culture. Interested, he taught himself Chinese, spent three vacations at Yenching University, and became fluent in Chinese. Sun Yuan and the others followed Olivia to her grandparents' house twice.
Her grandparents lived in an apartment near Stanford University. Olivia lived with them and was very friendly to the three of them.
