Chapter 1050
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It's not hard to guess. The thing that can make Pu Weishi in Tangtang Huifeng's class fidgety must be Huifeng's situation.
In short, due to the disorderly entry of Gaoxian, including the emergence of Xiangjiang exchange fund administration, the scale of Xiangjiang exchange fund has reached US $30 billion, the upgrading of Xiangjiang exchange fund administration to Xiangjiang financial administration, Xiangjiang yen offshore financial center, Xiangjiang International Digital Center, Xiangjiang digital expressway, the rise and competition of Gaoyi, etc, Either explicitly or implicitly, we cannot ignore the "variables", which makes Huifeng more and more radical in this wave of cycle, so that it has been deeply affected by the sudden global stock disaster, and we must take out the old one to save our lives.
Indeed, Huifeng has a history of more than 100 years. In the semi colonial era, old China was an industry overlord, handling salt taxes and tariffs in old China; After the business focus is withdrawn to Xiangjiang, it is the leader of the industry. It can stand firm in various banking crises and stock disasters. It can't be more familiar with the cycle, but the cycle will move back and forth, and finally it can't stop the new "general trend".
Taking the most typical Hang Seng Index Futures as an example, Huifeng and Gaoyi have become two major rivals. It has been a few months since they were short on Gaoyi in the second half of the year. While excited, Huifeng, who is bullish, wants to drain Gaoyi's blood before the expected correction of Xiangjiang stock market at the beginning of next year.
As a result, Huifeng is now unable to ride a tiger.
At present, how dangerous the situation of Hang Seng Index Futures is, you can see the tip of the iceberg through a number.
Under the guidance of Gao Xian, the design of Hang Seng Index Futures, such as margin, suspension and settlement, has been improved to be in line with international standards as much as possible. Only to say that the standard contract whose value is equal to the Hang Seng index points multiplied by HK $50 has more than 2 million current month and forward trading volume.
This trading scale is far from the tens of millions of standard & Poor's index futures contracts, but at this stage, the ranking is already the global opposition to the suspension of Xiangjiang stock market, which has the upper hand, but it mainly comes from the energy of international institutions. The support side that hopes that the suspension of Xiangjiang stock market can effectively stabilize the situation is quite sincere.
……
As time went on, Federal Reserve Chairman Alan Greenspan took the action of rescuing the market. The Federal Reserve bought Zhengfu bonds from the market, which was equivalent to adding $12 billion in reserves to the banking industry and reducing the federal funds rate by 0.75.
After opening the gate and releasing water, the market rescue effect must be produced, but there is no lack of a process. The American stock market can be described by the word "improved". What does it mean? It doesn't fall so hard on the whole, and there is hope for the improvement of the situation.
In any case, Greenspan won a great reputation through this move.
Incidentally, this is actually groundbreaking. In the so-called free market like the United States, the Zhengfu would not "intervene" in the stock market crash before. That's why Gao Xian needs to wait patiently for a precedent like Greenspan, so that when he makes a move, he can block others' mouths.
The response of the global stock market disaster spread from the US stock market in the United States is like a collapse, so that even the Federal Reserve has taken the initiative to rescue the market for the first time, but the response in West Germany is more interesting.
On October 22nd, the Bundesbank, the Central Bank of West Germany, held a regular meeting. As a result, Carl Boer, the president, took the lead in expressing his views as if nothing had happened. "Baker made trouble, we just dealt with it."
Baker refers to US Treasury Secretary James Baker, and the implication is that the stock market crash has nothing to do with us. After this adjustment, officials of the Federal Bank of Germany slowly analyzed the domestic economic situation in West Germany.
After these information were collected in the hands of Sir Gao, Gao Xian judged that the long-term and short-term interest rate strategies of various countries are still tearing apart, which is very good and convenient for him.
The arrangement of returning to Xiangjiang has been decided. It is difficult to explain if you can arrive at Xiangjiang on Monday, October 26. It is easy to get confused when you return early. Choosing this point can be said to kill one stone.
……
On Monday, October 26, the Xiangjiang stock market, which attracted the attention of the public because of the four-day suspension, reopened. As a result, the good wish to stabilize the situation through the suspension of the market was dashed, and the Hang Seng Index fell out of control.
When the high string leather shoes touched the ground of the airport, I heard the report that the Hang Seng index had fallen by more than 1000 points. It was a miserable word to set a record for the global stock market in a single day.
Wen Zhiqiang continued in a low voice: "Ma Sheng asked me to take a message. The margin and reserve of Xiangjiang Futures Guarantee Company may still be insufficient and need rescue."
Gao Xian nodded quietly. He looked at the financial reporters crowded outside the gate and said faintly, "it's time to clean up the mess."
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It's not hard to guess. The thing that can make Pu Weishi in Tangtang Huifeng's class fidgety must be Huifeng's situation.
In short, due to the disorderly entry of Gaoxian, including the emergence of Xiangjiang exchange fund administration, the scale of Xiangjiang exchange fund has reached US $30 billion, the upgrading of Xiangjiang exchange fund administration to Xiangjiang financial administration, Xiangjiang yen offshore financial center, Xiangjiang International Digital Center, Xiangjiang digital expressway, the rise and competition of Gaoyi, etc, Either explicitly or implicitly, we cannot ignore the "variables", which makes Huifeng more and more radical in this wave of cycle, so that it has been deeply affected by the sudden global stock disaster, and we must take out the old one to save our lives.
Indeed, Huifeng has a history of more than 100 years. In the semi colonial era, old China was an industry overlord, handling salt taxes and tariffs in old China; After the business focus is withdrawn to Xiangjiang, it is the leader of the industry. It can stand firm in various banking crises and stock disasters. It can't be more familiar with the cycle, but the cycle will move back and forth, and finally it can't stop the new "general trend".
Taking the most typical Hang Seng Index Futures as an example, Huifeng and Gaoyi have become two major rivals. It has been a few months since they were short on Gaoyi in the second half of the year. While excited, Huifeng, who is bullish, wants to drain Gaoyi's blood before the expected correction of Xiangjiang stock market at the beginning of next year.
As a result, Huifeng is now unable to ride a tiger.
At present, how dangerous the situation of Hang Seng Index Futures is, you can see the tip of the iceberg through a number.
Under the guidance of Gao Xian, the design of Hang Seng Index Futures, such as margin, suspension and settlement, has been improved to be in line with international standards as much as possible. Only to say that the standard contract whose value is equal to the Hang Seng index points multiplied by HK $50 has more than 2 million current month and forward trading volume.
This trading scale is far from the tens of millions of standard & Poor's index futures contracts, but at this stage, the ranking is already the global opposition to the suspension of Xiangjiang stock market, which has the upper hand, but it mainly comes from the energy of international institutions. The support side that hopes that the suspension of Xiangjiang stock market can effectively stabilize the situation is quite sincere.
……
As time went on, Federal Reserve Chairman Alan Greenspan took the action of rescuing the market. The Federal Reserve bought Zhengfu bonds from the market, which was equivalent to adding $12 billion in reserves to the banking industry and reducing the federal funds rate by 0.75.
After opening the gate and releasing water, the market rescue effect must be produced, but there is no lack of a process. The American stock market can be described by the word "improved". What does it mean? It doesn't fall so hard on the whole, and there is hope for the improvement of the situation.
In any case, Greenspan won a great reputation through this move.
Incidentally, this is actually groundbreaking. In the so-called free market like the United States, the Zhengfu would not "intervene" in the stock market crash before. That's why Gao Xian needs to wait patiently for a precedent like Greenspan, so that when he makes a move, he can block others' mouths.
The response of the global stock market disaster spread from the US stock market in the United States is like a collapse, so that even the Federal Reserve has taken the initiative to rescue the market for the first time, but the response in West Germany is more interesting.
On October 22nd, the Bundesbank, the Central Bank of West Germany, held a regular meeting. As a result, Carl Boer, the president, took the lead in expressing his views as if nothing had happened. "Baker made trouble, we just dealt with it."
Baker refers to US Treasury Secretary James Baker, and the implication is that the stock market crash has nothing to do with us. After this adjustment, officials of the Federal Bank of Germany slowly analyzed the domestic economic situation in West Germany.
After these information were collected in the hands of Sir Gao, Gao Xian judged that the long-term and short-term interest rate strategies of various countries are still tearing apart, which is very good and convenient for him.
The arrangement of returning to Xiangjiang has been decided. It is difficult to explain if you can arrive at Xiangjiang on Monday, October 26. It is easy to get confused when you return early. Choosing this point can be said to kill one stone.
……
On Monday, October 26, the Xiangjiang stock market, which attracted the attention of the public because of the four-day suspension, reopened. As a result, the good wish to stabilize the situation through the suspension of the market was dashed, and the Hang Seng Index fell out of control.
When the high string leather shoes touched the ground of the airport, I heard the report that the Hang Seng index had fallen by more than 1000 points. It was a miserable word to set a record for the global stock market in a single day.
Wen Zhiqiang continued in a low voice: "Ma Sheng asked me to take a message. The margin and reserve of Xiangjiang Futures Guarantee Company may still be insufficient and need rescue."
Gao Xian nodded quietly. He looked at the financial reporters crowded outside the gate and said faintly, "it's time to clean up the mess."
It's not hard to guess. The thing that can make Pu Weishi in Tangtang Huifeng's class fidgety must be Huifeng's situation.In short, due to the disorderly entry of Gaoxian, including the emergence of Xiangjiang exchange fund administration, the scale of Xiangjiang exchange fund has reached US $30 billion, the upgrading of Xiangjiang exchange fund administration to Xiangjiang financial administration, Xiangjiang yen offshore financial center, Xiangjiang International Digital Center, Xiangjiang digital expressway, the rise and competition of Gaoyi, etc, Either explicitly or implicitly, we cannot ignore the "variables", which makes Huifeng more and more radical in this wave of cycle, so that it has been deeply affected by the sudden global stock disaster, and we must take out the old one to save our lives.Indeed, Huifeng has a history of more than 100 years. In the semi colonial era, old China was an industry overlord, handling salt taxes and tariffs in old China; After the business focus is withdrawn to Xiangjiang, it is the leader of the industry. It can stand firm in various banking crises and stock disasters. It can't be more familiar with the cycle, but the cycle will move back and forth, and finally it can't stop the new "general trend".Taking the most typical Hang Seng Index Futures as an example, Huifeng and Gaoyi have become two major rivals. It has been a few months since they were short on Gaoyi in the second half of the year. While excited, Huifeng, who is bullish, wants to drain Gaoyi's blood before the expected correction of Xiangjiang stock market at the beginning of next year.As a result, Huifeng is now unable to ride a tiger.At present, how dangerous the situation of Hang Seng Index Futures is, you can see the tip of the iceberg through a number.Under the guidance of Gao Xian, the design of Hang Seng Index Futures, such as margin, suspension and settlement, has been improved to be in line with international standards as much as possible. Only to say that the standard contract whose value is equal to the Hang Seng index points multiplied by HK $50 has more than 2 million current month and forward trading volume.This trading scale is far from the tens of millions of standard & Poor's index futures contracts, but at this stage, the ranking is already the global opposition to the suspension of Xiangjiang stock market, which has the upper hand, but it mainly comes from the energy of international institutions. The support side that hopes that the suspension of Xiangjiang stock market can effectively stabilize the situation is quite sincere.As time went on, Federal Reserve Chairman Alan Greenspan took the action of rescuing the market. The Federal Reserve bought Zhengfu bonds from the market, which was equivalent to adding $12 billion in reserves to the banking industry and reducing the federal funds rate by 0.75.After opening the gate and releasing water, the market rescue effect must be produced, but there is no lack of a process. The American stock market can be described by the word "improved". What does it mean? It doesn't fall so hard on the whole, and there is hope for the improvement of the situation.In any case, Greenspan won a great reputation through this move.Incidentally, this is actually groundbreaking. In the so-called free market like the United States, the Zhengfu would not "intervene" in the stock market crash before. That's why Gao Xian needs to wait patiently for a precedent like Greenspan, so that when he makes a move, he can block others' mouths.The response of the global stock market disaster spread from the US stock market in the United States is like a collapse, so that even the Federal Reserve has taken the initiative to rescue the market for the first time, but the response in West Germany is more interesting.On October 22nd, the Bundesbank, the Central Bank of West Germany, held a regular meeting. As a result, Carl Boer, the president, took the lead in expressing his views as if nothing had happened. "Baker made trouble, we just dealt with it."Baker refers to US Treasury Secretary James Baker, and the implication is that the stock market crash has nothing to do with us. After this adjustment, officials of the Federal Bank of Germany slowly analyzed the domestic economic situation in West Germany.After these information were collected in the hands of Sir Gao, Gao Xian judged that the long-term and short-term interest rate strategies of various countries are still tearing apart, which is very good and convenient for him.The arrangement of returning to Xiangjiang has been decided. It is difficult to explain if you can arrive at Xiangjiang on Monday, October 26. It is easy to get confused when you return early. Choosing this point can be said to kill one stone.On Monday, October 26, the Xiangjiang stock market, which attracted the attention of the public because of the four-day suspension, reopened. As a result, the good wish to stabilize the situation through the suspension of the market was dashed, and the Hang Seng Index fell out of control.When the high string leather shoes touched the ground of the airport, I heard the report that the Hang Seng index had fallen by more than 1000 points. It was a miserable word to set a record for the global stock market in a single day.Wen Zhiqiang continued in a low voice: "Ma Sheng asked me to take a message. The margin and reserve of Xiangjiang Futures Guarantee Company may still be insufficient and need rescue."Gao Xian nodded quietly. He looked at the financial reporters crowded outside the gate and said faintly, "it's time to clean up the mess."
