Rebirth of the Strongest Tycoon

Different from the situation at the beginning of the operation of the Heungkong United Stock Exchange, the trading volume of the Heungkong Futures Exchange is increasing day by day.

On the first day, the total daily trading volume reached more than 1.263 billion Hong Kong dollars, and on the second day it exceeded 1.4 billion Hong Kong dollars.

When the market was closed on Friday, the daily trading volume had reached more than 1.87 billion Hong Kong dollars.

According to the handling fee of 5/10,000, the handling fee for the day alone will be close to one million Hong Kong dollars.

The prosperity of the Hong Kong futures market is about to catch up with the Hong Kong stock market, and the gap is only more than 540 million Hong Kong dollars.

That's right, under the stimulation of the Hong Kong futures market, the daily trading volume of the Hong Kong stock market is increasing day by day, reaching a scale of 2.4 billion Hong Kong dollars again on Friday.

The Hang Seng Index reached a height of 1,621.

The fact that the Hong Kong stock market has reached this level is inseparable from the launch of the Hang Seng Index.

After the emergence of Hang Seng Index futures trading, the scale and liquidity of the stock market will be greatly improved due to attracting a large number of arbitrageurs and hedgers.

Because the trading volume of the stock market and the futures market is a two-way promotion, it is a typical complementary market.

After the launch of stock index futures, not only will it not divert the funds from the spot market, resulting in sluggish stock trading and sluggish market conditions, but it will increase the size of the stock spot market and increase market liquidity, which is an effective means to better prosperity and promote the development of the stock spot market.

In the medium and long term, stock index futures will attract over-the-counter funds, resulting in a significant increase in the trading volume of both the stock market and the futures market.

Just like in the previous life in 1986, after the launch of Hang Seng Index futures, the trading volume of Hong Kong stocks increased by 60% that year. Although there are other factors, the launch of the Hang Seng Index plays a crucial role.

In this life, Heungkong not only appeared the Hang Seng Index futures four years in advance, but also added the Nikkei 225 stock index futures and the FTSE 100 stock index futures, which are more well-known, more influential, and larger in trading volume. The bonus effect will be more powerful.

However, Xia Yu estimated that the Hong Kong futures market will surpass the Hong Kong stock market by the end of this year, and then gradually leave the Hong Kong stock market behind. Even if he puts the eight major companies on the market, he cannot change the general trend.

No way, this is determined by the size of the market and the trading mechanism, and this is the case all over the world.

The trading scale of the futures market is larger than the trading scale of the stock market.

Who makes the futures market equivalent to natural leverage? Unlike the stock market, many institutions and retail investors invest in stocks with their principal.

Of course, if the total transaction volume is simply calculated based on the margin of the futures market, it may not necessarily exceed the size of the stock market.

But no matter what, as long as it can stimulate the financial industry of Hong Kong, and thus drive the economy of Hong Kong to become active in all directions, Xia Yu's goal has been achieved.

Sunday, November 21.

The stock market and futures market have cooled down temporarily, but Tiangong Electronics has made a big move again after more than two months.

This time, the same four global conferences will be held in New York, London, Hong Kong and Tokyo.

Every conference,

They have invited the heads of major record companies and their singer platforms.

The sound quality of the songs played on the Tiangong CD record is not inferior to that of the singer's live performance, which makes the fans who come to the Tiangong CD-P1 Walkman Conference go crazy.

Although the retail price of each CD-P1 Walkman is as high as 760 US dollars, which is more than three times that of the world's best-selling Tiangong SP-S2 Walkman, it still cannot stop fans from frantically pursuing and buying it.

Tiangong CD-P1 Walkman is the first CD Walkman in the world after all, and the price is very high.

Therefore, despite the high brand awareness of Tiangong Electronics, and the SP-S2 Walkman, which has just been launched for more than two months, is still selling well all over the world, but in the face of the unknown market, the global distributors of Tiangong Electronics also do not dare to be big. Scale purchases.

Therefore, although Huo Jianning first convened global distributors to attend the exhibition in Hong Kong and let them see the product with their own eyes, the order for Tiangong CD-P1 Walkman was only 110,000 taels before the global conference on November 21. Thousands.

Less than a quarter of the Tiangong SP-S2 Walkman!

However, after Tiangong Electronics' global press conference was held, after seeing the heat of the market, major distributors around the world realized that the market for CD Walkman not only exists, but also is very broad, so they have placed urgent orders to Tiangong Electronics. .

This time, unlike the vinyl record Walkman, there is only one CD Walkman in the world, and Tiangong Electronics has completely monopolized the market for the time being.

Furthermore, it is now the end of November, and Christmas is only a month away.

The Christmas holiday period is also the largest consumer holiday in Europe and the United States in a year.

The major distributors consider that after placing the order, from production to transportation and distribution, the time for one month is already very tight. Even if Tiangong Electronics arranges the order and the production site is slow, it is possible that the store may not be completed after Christmas. goods.

Therefore, major distributors scrambled to place new orders after regretting that they were not timid and did not place more orders, and they all placed more orders, fearing that there would be out-of-stocks in the future.

One week after its release, Tiangong Electronics received orders for 495,000 units again.

Plus the order for 112,000 units placed before the launch.

The total orders for Tiangong CD-P1 Walkman reached 67,000 units.

More than half of the sales volume of Tiangong SP-S2 Walkman in the same period.

But because the wholesale price of Tiangong CD-P1 Walkman was $575, the total order amount reached $349 million.

In addition, it took several months from June to reduce costs, so that the manufacturing cost of Tiangong CD-P1 Walkman was reduced from $162 to $141. The gross profit of the order is as high as 250 million US dollars, and the gross profit margin is as high as 75.5%.

As for the previous Tiangong SP-S2 Walkman, due to the low price of a single product, although the order volume in the same period was as high as 1,053,000 units, the total order amount was only more than 187 million US dollars, and the gross profit was It's $141.1 million.

While the gross profit margins are comparable, the exclusive market makes more money.

However, the exclusive business can only be done by the end of this year. It is estimated that from next year, members who have joined the CD-ROM Technology Standards Alliance will be able to launch their own CD Walkmans.

At that time, Tiangong Electronics will have to rack its brains to maintain its dominant position in the market.

Therefore, in the next month or two, Tiangong Electronics will use all resources to increase its popularity, stabilize its market position, and eat as much cake as possible.

...

The time is gradually approaching the end of November, and there has been a relatively consistent solution to the sovereign debt crisis in Latin America and other countries among governments-governments, debtor countries such as Latin America, the Federal Reserve, the International Monetary Fund, and commercial banks in various countries. .

The more than 3,000 commercial banks in the world that have been mired in the quagmire have suffered for a few months because of the crisis, and their tough attitudes have gradually softened.

In the beginning, Latin American and other countries wanted to completely relinquish their debts. Typically, the barefooted people broke the jar and threw the whole world into the water.

And commercial banks all over the world don’t want to suffer losses. They plan not only to get the principal back, but also to get the interest back. If the debts in Latin America and other countries are not repaid in a short period of time, they can be postponed, but the interest must continue to increase.

However, after negotiation by all parties, even big financial groups such as Rockefeller, Citigroup, Morgan, and Rothschild realized the difficulty, and then compromised step by step. More and more banks agreed to cut interest rates and discount their debts.

To put it bluntly, I don’t want the original interest, and I don’t pray to get back all the principal. If I can get a part back, I will burn high incense.

Although the loss will be huge, it is better than not getting a penny back.

Of course, given the current situation in Latin America and other countries, even if the major banks want to get back some of their principal, they will not think about it in recent years.

Because the fundamental economic problems in Latin America and other countries are not properly resolved, this economic bomb has always existed. Once it explodes twice, the impact will be more serious, and the global economy will be dragged into the water again.

Therefore, not only have they been unable to get back some of the principal in recent years, but the major commercial banks that have been tied up have to jointly contribute money and continue to lend to Latin America and other countries to restore economic order.

As for the amount of money, it has risen from $66 billion proposed by the International Monetary Fund in October to $100 billion in November!

This is equivalent to about one-third of the sovereign debt that is now defaulted by countries such as Latin America!

This is another huge pressure for many commercial banks!

Fortunately, the plan has come out, and the attitudes of Latin America and other countries are relatively positive.

As a result, the income growth rate of the eight major teams of the bank fund began to decline.

The high-speed floating profit period has begun to pass.

Xia Yu gave an order, and the eight teams began to harvest the returned funds.

PS: I have to go to work during the day, so I can only write at night. This is the first update, and there will be more at night.

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