Reborn 80s
Chapter 510 Only after the market game is the stock price reasonable
Chapter 510 Only after the market game is the stock price reasonable
The Southwest Stock Exchange has been constantly plugging loopholes in the past few years.
The Southwest Stock Exchange is very open to people taking advantage of loopholes to make money.
It is someone's skill to be able to find loopholes and then use them to make money.
But only the first person to eat crabs can make money, and the people behind can't.
Because after the loophole is discovered, the Southwest Stock Exchange will hold a temporary meeting to decide whether to add temporary rules to plug the loophole.
Every year, the Southwest Stock Exchange will organize financial experts to review and reflect on the operation of the entire Southwest Stock Exchange in the past year.
Those temporary rules need to be long-term, and those rules that are not suitable for development needs have to be cancelled.
At this time, Chen Huaiqing was attending such a meeting.
At the meeting at this time, the focus of the debate was whether to establish a short-selling mechanism.
Mature markets all have a short-selling mechanism.
However, there is a lot of debate about whether the Southwest Stock Exchange will establish a short-selling mechanism at this time.
Some people think that after several years of operation, the time for the Southwest Stock Exchange to establish a short-selling mechanism is ripe, and the entire market can afford it.
However, some people think that it is not suitable to establish a short-selling mechanism in full reference to foreign stock markets.
Everyone said their own reasons, hoping to persuade Chen Huaiqing.
After all, at the Southwest Stock Exchange, Chen Huaiqing didn't care about many things even though he was not there in normal times.
But the right to speak, as long as Chen Huaiqing doesn't make any major mistakes, it will always be very important.
"Now we only have an upward mechanism, and the stock market can only continue to rise. This is not acceptable, and the speculation is too high. Looking at the stock prices of listed companies, there is a general increase in the stock prices of some companies. The stock prices of some companies obviously have Super high foam."
Chen Huaiqing propped his chin up, he didn't want to blow the stock market bubble.
If there is a short-selling mechanism, it can indeed curb the crazy rise of stock prices, so that stock prices can reasonably reflect the operating conditions of a company.
Chen Huaiqing is very clear that in the next few years, the domestic economy will develop rapidly.
The rapid economic development will be reflected in the stock market, and the market value of listed companies will continue to rise.
If the bubble is serious, after it bursts, the consequences will become extremely serious.
After all, next, it will be the Asian economic crisis.
The Asian economic crisis will eventually spread to the whole world. It has no direct impact on Huaguo, but the indirect impact is also quite large!
Southeast Asia is in a mess, and Huaguo's exports will naturally be affected.
Next, many companies will fall into bankruptcy.
Chen Huaiqing: "For stock index futures and margin financing and securities lending business, come up with a plan."
The stock market is getting a little too hot right now!
Under the huge money-making effect, a large amount of funds continue to pour in.
"In addition, for future transactions, 100 shares will be used as a lot, and the minimum trading volume must be 100 shares."
Now the Southwest Stock Exchange's first-hand trading volume is 10 lots, which has caused great activity in trading. Last year's annual trading volume exceeded one trillion yuan, which is a bit exaggerated.
In particular, the trading method has become more and more convenient. Now, it is no longer necessary to trade by phone, but can be traded directly on the computer at home.
Although the active trading volume is a good thing, the minimum stamp duty is not less.
In addition, for securities companies, this handling fee is definitely indispensable.
Originally, Chen Huaiqing wanted to increase the issuance of listed companies, but after thinking about it, he decided to forget it.
Chen Huaiqing looked at the reporters who came to observe. There were reporters at the meeting site.
The content of this meeting cannot be hidden at all.
Chen Huaiqing dared to say that as soon as this meeting is over, the content of the meeting will be known to many people immediately.
These people will take advantage of poor information to make money in the stock market.
That being the case, let the reporter sit in on it.
Moreover, on the official website of the Southwest Stock Exchange, the content of the meeting will be updated immediately after the meeting ends.
Anyway, it is to keep people as synchronized as possible in terms of information acquisition speed.
Of course, if the content of today's meeting is spread, it will undoubtedly be a major bad news for the stock market.
You can short the stock market, isn't it a big negative?
Chen Huaiqing doesn't care whether it's bad or not. Now he is very sure that the stock market will fall, but it is still far away from collapse!
The overall economic fundamentals are developing at a high speed, how could the stock market collapse.
Moreover, at this time, the global stock market is in a rising stage.
Yes, with the cessation of the Union, the capitalists began to enjoy the feast of victory.
Confidence came up all at once. Under such circumstances, it is strange that the stock market does not rise.
Therefore, listed companies on the Southwest Stock Exchange may have some companies with operating problems, which will be short-sold, and their stock prices will drop directly.
However, for most companies with normal operations and rapid business development, the stock price will be quite normal.
The situation in which all stocks rose sharply like in the past will never happen again.
Of course, in the stock market, the number of retail investors will also be greatly reduced, and market games will become inter-institutional.
With the news that the Southwest Stock Exchange is preparing to launch stock index futures and margin financing and securities lending business, the Securities Daily will conduct a comprehensive analysis of these two items.
Many people are a little flustered.
Especially those who hold stocks of small companies in their hands.
The soaring stock market was directly contained anyway.
If it continues to rise, will it still have to go to heaven?
When the huge bubble forms, should it be punctured directly, or should it be digested slowly?
Many people now feel that there is no problem with such a brave operation as Neon.
Chen Huaiqing also knows that Neon's economy will remain stable for the next ten years or so.
The rise is limited, and there is no fall.
Or to put it another way, that is the development potential of Neon, and that's it.
Everything has an upper limit of potential, and it is not so easy to break through this upper limit.
For the next two days, Chen Huaiqing was at the Southwest Stock Exchange, listening to reports from the listing department and the regulatory department.
Of course, when reporting, many reporters were also present.
Regarding listing and supervision, Chen Huaiqing's attitude is very clear. Whether the company is good or not is for the market to judge. The exchange side does not judge the value of the company.
Let the market participants judge the enterprise value by themselves.
As for whether the judgment is right or wrong, it has nothing to do with the exchange. The exchange only guarantees the normal progress of the transaction.
The other is the technical department.
The transaction is constantly active, and the technical department is also constantly updating and strengthening the transaction system to ensure the smooth progress of the entire transaction.
Now the real-time transaction capability has been greatly improved, and the transaction delay has been greatly shortened.
(End of this chapter)
The Southwest Stock Exchange has been constantly plugging loopholes in the past few years.
The Southwest Stock Exchange is very open to people taking advantage of loopholes to make money.
It is someone's skill to be able to find loopholes and then use them to make money.
But only the first person to eat crabs can make money, and the people behind can't.
Because after the loophole is discovered, the Southwest Stock Exchange will hold a temporary meeting to decide whether to add temporary rules to plug the loophole.
Every year, the Southwest Stock Exchange will organize financial experts to review and reflect on the operation of the entire Southwest Stock Exchange in the past year.
Those temporary rules need to be long-term, and those rules that are not suitable for development needs have to be cancelled.
At this time, Chen Huaiqing was attending such a meeting.
At the meeting at this time, the focus of the debate was whether to establish a short-selling mechanism.
Mature markets all have a short-selling mechanism.
However, there is a lot of debate about whether the Southwest Stock Exchange will establish a short-selling mechanism at this time.
Some people think that after several years of operation, the time for the Southwest Stock Exchange to establish a short-selling mechanism is ripe, and the entire market can afford it.
However, some people think that it is not suitable to establish a short-selling mechanism in full reference to foreign stock markets.
Everyone said their own reasons, hoping to persuade Chen Huaiqing.
After all, at the Southwest Stock Exchange, Chen Huaiqing didn't care about many things even though he was not there in normal times.
But the right to speak, as long as Chen Huaiqing doesn't make any major mistakes, it will always be very important.
"Now we only have an upward mechanism, and the stock market can only continue to rise. This is not acceptable, and the speculation is too high. Looking at the stock prices of listed companies, there is a general increase in the stock prices of some companies. The stock prices of some companies obviously have Super high foam."
Chen Huaiqing propped his chin up, he didn't want to blow the stock market bubble.
If there is a short-selling mechanism, it can indeed curb the crazy rise of stock prices, so that stock prices can reasonably reflect the operating conditions of a company.
Chen Huaiqing is very clear that in the next few years, the domestic economy will develop rapidly.
The rapid economic development will be reflected in the stock market, and the market value of listed companies will continue to rise.
If the bubble is serious, after it bursts, the consequences will become extremely serious.
After all, next, it will be the Asian economic crisis.
The Asian economic crisis will eventually spread to the whole world. It has no direct impact on Huaguo, but the indirect impact is also quite large!
Southeast Asia is in a mess, and Huaguo's exports will naturally be affected.
Next, many companies will fall into bankruptcy.
Chen Huaiqing: "For stock index futures and margin financing and securities lending business, come up with a plan."
The stock market is getting a little too hot right now!
Under the huge money-making effect, a large amount of funds continue to pour in.
"In addition, for future transactions, 100 shares will be used as a lot, and the minimum trading volume must be 100 shares."
Now the Southwest Stock Exchange's first-hand trading volume is 10 lots, which has caused great activity in trading. Last year's annual trading volume exceeded one trillion yuan, which is a bit exaggerated.
In particular, the trading method has become more and more convenient. Now, it is no longer necessary to trade by phone, but can be traded directly on the computer at home.
Although the active trading volume is a good thing, the minimum stamp duty is not less.
In addition, for securities companies, this handling fee is definitely indispensable.
Originally, Chen Huaiqing wanted to increase the issuance of listed companies, but after thinking about it, he decided to forget it.
Chen Huaiqing looked at the reporters who came to observe. There were reporters at the meeting site.
The content of this meeting cannot be hidden at all.
Chen Huaiqing dared to say that as soon as this meeting is over, the content of the meeting will be known to many people immediately.
These people will take advantage of poor information to make money in the stock market.
That being the case, let the reporter sit in on it.
Moreover, on the official website of the Southwest Stock Exchange, the content of the meeting will be updated immediately after the meeting ends.
Anyway, it is to keep people as synchronized as possible in terms of information acquisition speed.
Of course, if the content of today's meeting is spread, it will undoubtedly be a major bad news for the stock market.
You can short the stock market, isn't it a big negative?
Chen Huaiqing doesn't care whether it's bad or not. Now he is very sure that the stock market will fall, but it is still far away from collapse!
The overall economic fundamentals are developing at a high speed, how could the stock market collapse.
Moreover, at this time, the global stock market is in a rising stage.
Yes, with the cessation of the Union, the capitalists began to enjoy the feast of victory.
Confidence came up all at once. Under such circumstances, it is strange that the stock market does not rise.
Therefore, listed companies on the Southwest Stock Exchange may have some companies with operating problems, which will be short-sold, and their stock prices will drop directly.
However, for most companies with normal operations and rapid business development, the stock price will be quite normal.
The situation in which all stocks rose sharply like in the past will never happen again.
Of course, in the stock market, the number of retail investors will also be greatly reduced, and market games will become inter-institutional.
With the news that the Southwest Stock Exchange is preparing to launch stock index futures and margin financing and securities lending business, the Securities Daily will conduct a comprehensive analysis of these two items.
Many people are a little flustered.
Especially those who hold stocks of small companies in their hands.
The soaring stock market was directly contained anyway.
If it continues to rise, will it still have to go to heaven?
When the huge bubble forms, should it be punctured directly, or should it be digested slowly?
Many people now feel that there is no problem with such a brave operation as Neon.
Chen Huaiqing also knows that Neon's economy will remain stable for the next ten years or so.
The rise is limited, and there is no fall.
Or to put it another way, that is the development potential of Neon, and that's it.
Everything has an upper limit of potential, and it is not so easy to break through this upper limit.
For the next two days, Chen Huaiqing was at the Southwest Stock Exchange, listening to reports from the listing department and the regulatory department.
Of course, when reporting, many reporters were also present.
Regarding listing and supervision, Chen Huaiqing's attitude is very clear. Whether the company is good or not is for the market to judge. The exchange side does not judge the value of the company.
Let the market participants judge the enterprise value by themselves.
As for whether the judgment is right or wrong, it has nothing to do with the exchange. The exchange only guarantees the normal progress of the transaction.
The other is the technical department.
The transaction is constantly active, and the technical department is also constantly updating and strengthening the transaction system to ensure the smooth progress of the entire transaction.
Now the real-time transaction capability has been greatly improved, and the transaction delay has been greatly shortened.
(End of this chapter)
Tip: You can use left, right, A and D keyboard keys to browse between chapters.