Rebirth of the Strongest Tycoon

　　 Different from the situation at the beginning of the operation of the Xiangjiang United Stock Exchange, the trading volume of the Xiangjiang Futures Exchange is getting higher day by day.

　　 After the total daily transaction volume reached more than 1,263 million Hong Kong dollars on the first day, it broke through 1.4 billion Hong Kong dollars on the second day.

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

　　 According to the handling fee of five ten thousandths, the handling fee on the day alone is 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.

　　 Yes, under the stimulus of the Hong Kong Futures Market, the daily trading volume of the Hong Kong stock market is getting higher day by day. On Friday, it once again reached the scale of 2.4 billion Hong Kong dollars.

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

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

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

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

　　 After the launch of stock index futures, not only will it not divert cash in the spot market, but will result in thin stock spot trading and sluggish market conditions. On the contrary, it will increase the size of the stock spot market and increase market liquidity, which is an effective means for better prosperity and promotion of the stock spot market.

　　In the medium and long term, stock index futures will have an attractive effect on over-the-counter funds, resulting in a significant increase in trading volume in both the stock market and futures market.

　　 Just like in the previous life in 1986, after the launch of the Hang Seng Index futures, the trading volume of Heung Kong's stock increased by 60% that year. Although there were other factors, the launch of the Hang Seng Index played a vital role.

In this world, not only did Hong Kong have the Hang Seng Index futures four years in advance, but also the Nikkei 225 stock index futures and the FTSE 100 stock index futures, which are more widely known, more influential, and larger in trading volume. The bonus effect will be more powerful.

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

　　 There is no way, this is determined by the market size and trading mechanism, and it is the same on a global scale.

　　 The trading scale of the futures market is greater than that of the stock market.

　　Who makes the futures market equivalent to a natural leverage? Unlike the stock market, many institutions and retail investors are all trading stocks with principal.

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

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

　　 November 21, Sunday.

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

　　 This time, global press conferences are also held in New York, London, Hong Kong and Tokyo.

　　 At each conference, the heads of major record companies and their respective singer stations were invited. The stars were dazzling, just like a mega concert.

　　 The sound quality of the songs played on the Tiangong CD record is not inferior to the level of the singer's live performance, making fans who come to the Tiangong CD-P1 Walkman conference 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 can't stop fans from crazily following and buying.

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

Therefore, despite the high brand awareness of Tiangong Electronics, and the SP-S2 Walkman, which has only been launched for more than two months, is still selling well all over the world, in the face of an unknown market, the global distributors of Tiangong Electronics are also afraid to be big. Scale purchase.

Therefore, although Huo Jianning first summoned distributors from all over the world to come to Hong Kong to participate in the trade fair, let them see the products with their own eyes, but before the global launch on November 21, the order for Tiangong CD-P1 Walkman was only 110,000 taels. Thousands.

　　 is less than a quarter of Tiangong SP-S2 Walkman!

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

　　 This time, unlike the vinyl record player, there is one and only one CD player in the world, and Tiangong Electronics temporarily monopolizes the market.

　　 Furthermore, it is now the end of November, and there is only one month away from Christmas.

　　 During the Christmas holiday, it is also the largest consumer holiday in Europe and the United States in a year.

The major distributors have considered that after placing the order, to production and then to transportation and distribution, the one month is already very tight. Even if Tiangong Electronics is slow to arrange orders, it may not be finished after Christmas. goods.

　　 Therefore, the major distributors are eager to place new orders before they regret it. After placing more orders, they all place more orders, for fear of out of stock later.

One week after 　　 was released, Tiangong Electronics received another order for 495,000 units.

　　 plus the 112,000 orders placed before the press conference.

　　 The total order of Tiangong CD-P1 Walkman reached 67,000 units.

　　 exceeded half of the sales of Tiangong SP-S2 Walkman in the same period.

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

Coupled with the fact that it took a few months to reduce costs since June, the manufacturing cost of the Tiangong CD-P1 Walkman has been reduced from US$162 to US$141, making these The gross profit of the order is as high as 250 million U.S. dollars, and the gross profit rate is as high as 75.5%.

As for the previous Tiangong SP-S2 Walkman, because of the low price of a single product, although the number of orders for the same period was as high as 1.053 million units, the total order amount was only more than 187 million US dollars, and the gross profit It's 1441.1 million U.S. dollars.

　　 Although the gross profit margins are similar, the exclusive market makes more money.

　　 However, the exclusive business can only be achieved by the end of this year. It is estimated that starting next year, members who have joined the CD-ROM Technical Standards Alliance will be able to release their own CD Walkman.

　　 By then, Tiangong Electronics will have to rack its brains to maintain its market dominance.

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

　　……

Time gradually approaches the end of November. Governments, debtor countries such as Latin America, the Federal Reserve, the International Monetary Fund, and commercial banks in various countries have already had a relatively consistent solution to the sovereign debt crisis in Latin America and other countries. .

　　 More than 3,000 commercial banks in the world that have been trapped in the quagmire have suffered from the crisis for several months, and their original tough attitude has gradually weakened.

　　 Latin America and other countries initially wanted to completely surrender their debts. Typically, barefooted people broke their jars and pulled the whole world into the water together.

　　 And commercial banks all over the world do not want to suffer. They not only intend to get back the principal, but also get the interest back. Latin America and other countries cannot pay back their debts in a short period of time, so they can postpone them, but the interest will have to continue to increase.

　　 However, after negotiations between the parties, even the Rockefeller, Citi, Morgan, Roshir and other large consortia also realized the difficulties, and then compromised step by step. More and more banks agreed to cut interest and discount debt.

　　 To put it bluntly, even if the original interest is no longer required, I don't pray for the entire principal to be returned. If you can get a part of it, it will burn you up.

　　Although the loss will be great~www.readwn.com~, it is better than not getting back a penny.

　　 Of course, with the current situation in Latin America and other countries, even if the major banks want to get back part of their principal, they have not even thought about it in recent years.

　　 Because the fundamental economic problems of Latin America and other countries have not been properly resolved, this economic bomb has always existed. Once it explodes again, the impact will be more serious, and the global economy will be dragged down again.

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

　　 As for the amount of money, from the 66 billion U.S. dollars raised by the International Monetary Fund in October to 100 billion U.S. dollars in November!

　　Equivalent to about one-third of the sovereign debt of Latin America and other countries in default!

　　 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 bank funds began to decline.

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

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

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

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