Chapter 1196 Pengcheng Securities Company Is Listed

Style: Romance Author: anatomy teacherWords: 2235Update Time: 24/01/18 16:42:16
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Friday, October 31st.

Pengcheng Securities Company publicly issued 110 million shares (including 10 million employee shares) on the Pengcheng Stock Exchange, with an issue price of 21.1 yuan per share, and planned to raise more than 2.3 billion yuan (deducting issuance expenses) for the construction of a securities business department. and supplement the company's liquidity.

The China Securities Regulatory Commission reviewed and approved the issuance quota of Pengcheng Securities Company on July 7. However, considering that the stock market conditions in Peng and Shanghai were sluggish at that time, and to avoid causing a sharp decline in the stock market, it was recommended to delay the public offering for three months.

October arrived in a flash. After waiting for October 7, Liao Jingwen called the China Securities Regulatory Commission every day. The China Securities Regulatory Commission finally issued an announcement on October 27 that Pengcheng Securities Company would trade on Pengcheng Securities on October 31. 110 million shares were publicly issued (including 10 million employee shares), with an issue price of 21.1 yuan per share.

On the 27th, affected by the surge in the Hang Seng Index, the Shanghai Composite Index closed at 1235.82 points, an increase of 57.52 points, a surge of 4.88%! The Pengcheng Index closed at 4679.76 points, an increase of 25.63 points, or 0.55%.

The boots finally landed. The announcement of the public offering of Pengcheng Securities Company did not cause the Penghu stock market to fall. The leaders of the China Securities Regulatory Commission also breathed a sigh of relief.

On the 31st, the Shanghai Composite Index closed at 1180.39 points, an increase of 5.55 points, or 0.47%! The Pengcheng Index closed at 4523.32 points, an increase of 25.71 points, or 0.57%.

Sun Jian, who is far away in the United States, received a call from Liao Jingwen at 7 a.m. local time on the 31st. The winning rate for Pengcheng Securities Company's issuance was 0.33%.

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October 31 is also the settlement day for the October contracts of Nikkei stock index futures, Singapore Straits Times stock index futures, Bangkok stock index futures, and KOSPI stock index futures.

On June 30, HTIC Futures Investment Department Manager Chen Huamin followed the instructions of General Manager Wang Dongming and invested US$200 million to short the October Nikkei Stock Index Futures Contract, invested US$50 million to short the October Singapore Straits Times Stock Index Futures Contract, and invested US$50 million to short the Bangkok stock index futures October contract, invested 50 million US dollars to short the Korean KOSPI stock index futures October contract, both increased leverage by 10 times.

The Nikkei opened at 16,253 points, dropped to 16,082 points, rose to 16,635 points, and closed at 16,458 points, up 94 points, or 0.57%.

On June 30, HTIC Futures Investment Department Manager Chen Huamin’s buying point was 20604 points.

After settlement, Nikkei stock index futures made a profit of US$503.38 million (excluding transaction fees, the same below), Singapore Straits Times stock index futures made a profit of US$187.6 million, Bangkok stock index futures made a profit of US$276 million, and South Korea's KOSPI stock index futures made a profit of US$276 million. Profit was US$293.5 million.

South Korea's stock market suffered the biggest decline!

I invested US$350 million and made a profit of more than US$1.24 billion on four stock index futures in three months. Not many people believe it!

This is the charm of stock index futures!

But once you do the opposite, you don’t want to repent, and you don’t have the money to cover your position, resulting in a liquidation of your position, and you’re back to before liberation!

The east is not bright, the west is bright!

To avoid being caught by malicious people, and knowing that some money cannot be made, Sun Jian knew that the Hang Seng Index would plummet, but he did not short the Hang Seng Index futures October contract. He shorted the Singapore Straits Times stock index futures October contract and the Bangkok stock index for the first time. Futures October contract and South Korea KOSPI stock index futures October contract.

Sun Jian was not familiar with the latter three stock index futures companies at all, but was he able to complete the egg under the crowd?

Made a fortune!

The Asian financial crisis has just begun. As the foreign exchange markets, stock markets and stock index futures markets in Asian countries and regions plummeted, a number of real estate companies, banks and foreign trade companies went bankrupt, which in turn caused the foreign exchange markets, stock markets and stock index futures to plummet!

Vicious cycle!

This kind of opportunity only comes once in a lifetime, Sun Jian will not miss it, and there is no psychological burden!

The short-selling mechanism of stock index futures is a trading method established to avoid the sudden rise and fall of the stock market. Stock index futures trading is a zero-sum game. Some people make gains and others lose!

Wait for next Monday and continue to invest US$200 million to short the October contract of Nikkei stock index futures, invest US$50 million to short the October contract of Singapore Straits Times stock index futures, invest US$50 million to short the October contract of Bangkok stock index futures, and invest US$50 million to short South Korea. The KOSPI stock index futures October contract is 10 times leveraged!

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October 31 is also the settlement day for the October contract of Dow Jones stock index futures and Nasdaq stock index futures.

The Dow Jones opened flat at 7381.67 points, dropped to 7329.31 points, rose to 7544.24 points, and closed at 7442.08 points, up 60.41 points or 0.82% throughout the day.

The trend of the Nasdaq index was similar to that of the Dow Jones index, closing at 1593.61 points, an increase of 23.2 points, or 1.48%.

On June 30, ATIC Futures Investment Department Manager Huang Weida followed the instructions of General Manager Li Huabin and invested US$100 million to be long the October Dow Jones stock index futures contract, adding 10 times leverage, and the buying point was 7580 points.

After today's settlement, the loss on the account is US$18.2 million (deducting transaction fees)!

Huang Weida knew that this was the first time Mr. Sun had failed in Dow Jones stock index futures!

On June 30, Huang Weida followed Li Huabin's instructions and invested US$100 million to be long on the Nasdaq stock index futures October contract, increasing leverage by 10 times, and the buying point was 1,438 points.

After today's settlement, the profit on the account was US$108.2 million (excluding transaction fees).

In the previous life, the Asian financial crisis had little impact on the U.S. economy. With the rapid development of the Internet in the U.S., before the Internet technology stock bubble burst, it was only a matter of time before the Nasdaq index exceeded 5,000 points and the Dow Jones index exceeded 10,000 points.

Next Monday, continue to invest US$100 million to be long on the Dow Jones stock index futures and US$200 million to be long on the Nasdaq stock index futures.

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Friday, November 7th.

"Congratulations, Mr. Sun!"

"Mr. Shi, thank you!"

On the day when 100 million new shares of Pengcheng Securities Company were listed on the Pengcheng Exchange, Chairman and Legal Representative Sun Jian, General Manager Liao Jingwen, Deputy General Manager Zhang Ming and other company executives attended the gong-ringing ceremony.

Pengcheng Securities Company opened at 45.88 yuan, an increase of 117% from the issue price (21.1 yuan), with 260,000 shares traded.

Southern Securities Company is the lead underwriter, and President Shi Feng congratulated Sun Jian.

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"Thank you, Mr. Yu!"

On November 17, Sun Jian received a call from Yu Jianguo.

The U.S. Department of Commerce yesterday morning approved GCA's investment report to export a 250nm process semiconductor production line worth US$1.9 billion to PGCA.

GCA received the approval from the U.S. Department of Commerce today.

All good things come hard!

After INTER, AMD and Cyrix heard about PG's semiconductor production line, they sent people to lobby the U.S. Department of Commerce. Once mainland China owns this semiconductor production line, it will cause immeasurable losses to U.S. computer CPU companies. They requested not to approve it!

Yu Jianguo invited many U.S. congressmen to lobby the U.S. Department of Commerce.

In addition to US wafer companies such as II, AMD and HP each having one or two semiconductor production lines with 250nm process technology, wafer companies such as TSMC, Samsung, Toshiba and NEC each have one semiconductor production line with 250nm process technology.

Last year, G successfully developed a 180nm process lithography machine, which has now been put into mass production. II, AMD and HP are now building semiconductor production lines for the 180nm process and plan to put it into production next year.

It will not cause substantial harm to American computer CPU companies.