Chapter 511 The stock price is reasonable after the market game
Southwest Stock Exchange has been constantly plugging loopholes in the past few years.
The Southwest Stock Exchange is quite open to people taking advantage of loopholes to make money.
Being able to find loopholes and then use them to make money is what people are capable of.
But only the first person to eat the crab can make money, but not the people behind.
Because after a 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 also organizes financial experts to review and reflect on the operations of the entire Southwest Stock Exchange over the past year.
Those temporary rules need to be made long-term, and those rules that are not suitable for development needs need to be cancelled.
At this time, Chen Huaiqing was attending such a meeting.
At this time, the focus of debate at the meeting was whether to establish a short-selling mechanism.
Mature markets all have short-selling mechanisms.
However, there was a bit of a quarrel over whether the Southwest Stock Exchange should establish a short-selling mechanism at this time.
Some people believe that after several years of operation, the time has come for the Southwest Stock Exchange to establish a short-selling mechanism, and the entire market can afford it.
However, some people believe that it is not appropriate to establish a short-selling mechanism based entirely on foreign stock markets.
Everyone gave their own reasons, hoping to convince Chen Huaiqing.
After all, at the Southwest Stock Exchange, Chen Huaiqing didn't care about many things even though he wasn't there at ordinary times.
But the right to speak will always be very important as long as Chen Huaiqing does not make any major mistakes.
"Now we only have an upward mechanism, and the stock market can only keep rising. This is not possible. The speculative nature is too high. Look at the stock prices of listed companies now. They are rising across the board. The stock prices of some companies are obviously different.
Super high foam.”
Chen Huaiqing held his chin, he did not want to blow up the stock market bubble.
If there is a short-selling mechanism, it can indeed curb the crazy rise in stock prices and allow the stock price to 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, the consequences will be extremely serious after it bursts.
After all, the next step will be the Asian economic crisis.
The Asian economic crisis will eventually spread to the whole world. It will not have a direct impact on China, but the indirect impact is also quite large!
Southeast Asia is in a mess, and China's exports will naturally be affected.
Next, many companies will fall into bankruptcy.
Chen Huaiqing: "For stock index futures and margin trading business, come up with a plan."
The stock market is 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, one lot will be 100 shares, and the minimum trading volume must be 100 shares."
The current one-lot trading volume of the Southwest Stock Exchange is 10 lots, which has resulted in extremely active trading. Last year’s annual trading volume exceeded one trillion, which is a bit exaggerated.
In particular, the trading methods are becoming more and more convenient. Nowadays, people no longer need to use the phone to trade, but can trade directly on the computer at home.
Although it is a good thing that the transaction volume is active, the minimum stamp duty is not reduced.
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 not to do it.
Chen Huaiqing looked at the reporters who came to observe. There were reporters at the meeting.
The content of this meeting cannot be hidden at all.
Chen Huaiqing dared to say that as soon as this meeting is over, the contents of the meeting will be known to many people immediately.
These people will take advantage of information gaps to make money in the stock market.
In this case, let the reporters come and observe directly.
Moreover, on the official website of Southwest Stock Exchange, the content of the meeting will be updated immediately after the meeting.
Anyway, the goal is to keep people as synchronized as possible in terms of the speed of information acquisition.
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 that a big negative?
Chen Huaiqing is the one who doesn't care whether it's bad or not. Now he is very sure that the stock market will fall, but the collapse is still far away!
The entire economic fundamentals are developing at a rapid pace, so how could the stock market collapse?
Moreover, at this time, the global stock market is in a rising stage.
Yes, because the alliance ceased to exist, the capitalists began to enjoy the feast of victory.
Confidence suddenly increased. Under such circumstances, it would be strange for the stock market not to rise.
Therefore, among the listed companies on the Southwest Stock Exchange, there may be some companies with operating problems that will be short-sold and their stock prices will fall directly.
However, for most companies with normal operations and rapid business development, their stock prices will be quite normal.
The situation in the past where all stocks rose sharply 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 conducted between institutions.
With the news that the Southwest Stock Exchange is preparing to launch stock index futures and margin trading businesses, Securities Daily has conducted a comprehensive analysis of these two items.
Many people are a little panicked.
Especially if you hold stocks of small companies.
The skyrocketing stock market has been put under direct control anyway.
If it continues to rise, will it still have to go to heaven?
When a huge bubble forms, should it be burst directly, or should it be slowly digested?
Many people now feel that there is no problem with such a brave operation as Neon.
As far as Chen Huaiqing knew, Neon's economy would remain stable for more than ten years.
The rise is limited and there is no fall.
Or to put it another way, the development potential of neon only ends here.
Everything has a potential upper limit, and it is not that easy to break through this upper limit.
In the next two days, Chen Huaiqing spent time at the Southwest Stock Exchange, listening to reports from the listing department and the regulatory department.
Of course, many reporters were also present during the report.
Regarding listing and supervision, Chen Huaiqing's attitude is very clear. Let the market judge whether the company is good or not. The exchange will not judge the value of the company.
Let market participants judge the value of the enterprise by themselves.
As for whether the judgment is right or wrong, that has nothing to do with the exchange. The exchange only ensures the normal conduct of transactions.
The other is the technical department.
Trading continues to be active, and the technical department is constantly updating and strengthening the trading system to ensure the smooth progress of the entire transaction.
Chapter completed!