v3 Chapter 1164： Monopoly business is incense (1/2)

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.