Chapter 283: Futures and stock markets begin to become desensitized?
To take a break from his busy schedule, Li Feng went back to his hometown last weekend.
It was early summer, and a breeze blew across the fields. Waves of wheat rose and fell, and occasionally a few children ran and played in the fields, which brought back Li Feng's childhood memories.
After wasting two days, it was Monday again and Li Feng had to drive back to City B again.
Sometimes, I don’t know if it’s a gene engraved in my bones, but Li Feng feels that his life belongs to the countryside, to the fields, to the land, rather than to this city.
In recent days, domestic and international financial information has remained relatively calm, with a sense of tranquility after a major war.
1. OPEC will hold its meetings online instead. The Saudi Crown Prince will soon visit Iran, and the heads of state of Bahrain, Egypt, Tunisia, and the UAE will visit China.
The Middle East is really not peaceful these days.
There are rumors that the Saudi Crown Prince was assassinated and the Iranian President was killed, which made the leaders of the region unconsciously vigilant.
Perhaps for this reason, or perhaps because there is no time, OPEC's meeting was changed to online. As for OPEC+'s production cuts, it is said that they will continue into the second half of the year.
2. French President Macron visited Germany after 24 years.
Macron said that the EU is experiencing "internal and external enemies" and that the EU may die out.
In fact, anyone with a discerning eye knows that the EU’s internal enemy is EU President Ursula von der Leyen, and the external enemy is the United States.
As the de facto two giants of the European Union, France and Germany should consider introducing Eastern influence to balance the power if they want to get rid of the bloodsucking of the United States and the threats from Russia.
But, and the biggest question is, what price can you offer?
3. The chairman convened a symposium with enterprises and experts.
In just over a month, the extremely important QH meeting of No. 3 Middle School, which has been postponed for more than half a year, will be held.
At this meeting, some of the future reforms were revealed: "employment, income growth, school enrollment, medical care, housing, government services, childcare and elderly care, and the safety of life and property."
Each of these topics will truly affect everyone and will have a significant impact on the economic foundation.
Worth looking forward to.
4. GCH reviewed and approved the "Opinions on Expanding Cross-border E-commerce Exports and Promoting the Construction of Overseas Warehouses".
Roll it up, roll it around the world.
With the help of the Internet, domestically produced products can be sold around the world through cross-border e-commerce and directly reach consumers, freeing them from the exploitation of middlemen.
In a sense, isn't this also a dimensionality reduction attack?
Multinational corporations in the conventional sense occupy the market and sell goods by opening branches in one country after another. However, through cross-border e-commerce, they can become multinational corporations in the true sense by opening virtual stores on the Internet.
This is like adding wings to a tiger for small and medium-sized enterprises.
In the future, it is very likely that a large number of small and medium-sized businesses in my country will be able to directly sell to a dozen, dozens, or even hundreds of countries through one online sales platform after another and extend the country's national strength, realizing the vision of having people in China and business all over the world.
5. ZJH issued the "Interim Measures for the Administration of Shareholder Reduction of Listed Companies" and the "Rules for the Administration of Shares Held by Directors, Supervisors and Senior Management of Listed Companies and Their Changes".
Industry insiders call it: "The strictest new rules on share reduction in history."
The updated core terms are very satisfying:
"It is clarified that controlling shareholders and actual controllers shall not reduce their holdings through centralized bidding or block trading in the event of a stock price falling below the issue price, below the net asset value, or dividends not meeting the target."
"It is clear that all parties will continue to jointly abide by the reduction restrictions after the stock is divided due to divorce, dissolution, separation, etc."
"Major shareholders are prohibited from short selling or participating in derivative transactions with the company's shares as the underlying assets; restricted shares are prohibited from being transferred for financing and lending, and shareholders of restricted shares are prohibited from short selling, etc."
To be honest, it was unbelievable that various companies in the market were blatantly cutting leeks. It was eye-opening and terrifying.
The most outrageous ones are: "divorce reduction" and "reduction of restricted shares through margin trading and securities lending."
This is blatantly showing the butcher knife and unscrupulously cutting off the leeks. If it is explained by conspiracy theory, it is definitely "collusion between internal and external parties" and "trading power for money", so that the leeks who have no say at all can only become food for others, accept their fate obediently and cannot resist.
This was the previous ecosystem of A-shares.
This is also the reason why the Shanghai Composite Index has been at 3,000 points or even lower before.
These are also some of the issues that need to be addressed when the "New Nine Articles" are released this time.
After brewing over the weekend, the market opened high at 3094 points on Monday this week, and then fluctuated and turned positive.
The market was very active, with strong cyclical stocks soaring strongly. Coal, oil, nonferrous metals and shipping all rose. Huayu Mining hit the daily limit, COSCO Shipping Holdings rose by more than 6%, Hunan Gold, Huaxin Nonferrous Metals, Aluminum Corporation of China, and Pingmei Group all rose by more than 4%...
However, the real estate sector, which had performed well in the early stages, bucked the trend and weakened. The real estate ETF fell 1.77%, and Vanke and Poly both fell by more than -2%.
After the afternoon, the market suddenly began to rise sharply.
Strong cyclical stocks began to rise violently, Baowu Magnesium and Huayu Mining both hit their daily limit, Orient Zirconium and Huaxin Nonferrous Metals rose by more than 7%, COSCO Shipping and China Aluminum also started to dance like elephants, rising by more than 5%, Luoyang Molybdenum, Jiaozuo Wanfang, Ningbo Ocean, etc. rose by more than 4%.
In the end, the Shanghai Composite Index closed at 3124 points, up 1.14%, and the ChiNext Index rose 0.68%.
"What a crazy person," Old Chen said speechlessly, looking at the market's performance today, as well as the performance of individual stocks. "Last week, it plummeted, and then it started to rise violently at the beginning of this week. It's jumping up and down more violently than a monkey."
Xiao Bo also felt a little puzzled.
Li Feng analyzed thoughtfully: "Have you discovered any patterns in these days?"
"First, Hong Kong stocks have risen more strongly than A-shares, with large-cap stocks generally rising more than small- and medium-cap stocks. This shows that after mainstream funds flowed into Hong Kong and A-shares, they are now flowing into mid- and large-cap stocks as regulatory policies continue to strengthen."
"Secondly, in today's futures market, many non-ferrous metal varieties saw little increase, or even decline, yet the share prices of related stocks surged. This suggests that stock prices are becoming less sensitive to short-term futures market prices. Perhaps capital is now defining a company's long-term performance."
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