The impact of the withdrawal of digital currency on stocks
Publish: 2021-04-21 15:37:39
1. The difference between digital currency speculation and stock speculation:
1. In terms of time, there is a time limit for stock speculation, but there is no time limit for currency speculation
the time limit of stock speculation is very strict, opening at 9:30 a.m. and closing at 11:30 a.m; It opens at 13:00 p.m. and closes at 15:00 p.m. with 4 hours of trading a day and 20 hours of trading a week. However, there is no such limit to speculation, trading 24 hours a day. Because the currency market is open to all over the world, in order to enable everyone to participate in trading and break the trouble caused by time difference, a 24-hour all day trading mode has been set up
2. In terms of the range of rise and fall, the stock market has the limit of rise and fall, but the currency market does not
the daily fluctuation of stock market can't exceed 10%, but the fluctuation of currency market is very huge. For example, on September 4, 2017, the central bank issued an announcement, pointing out that domestic financing activities in the form of issuing tokens, including initial token issue (ICO), are suspected of engaging in illegal financial activities, seriously disrupting the economic and financial order. The announcement triggered a major earthquake in the currency circle, and all currencies plummeted. After the central bank document was issued at 3:00 p.m. on September 4, all virtual currencies dived. The currencies in the trading area fell by about 4% - 20% in three days, and the currencies in the innovation pilot zone fell by about 15% - 50%
warm tips:
1. The above explanations are for reference only
2. Before investing in digital currency, it is recommended that you first understand the risks of the project, and understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: March 11, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
1. In terms of time, there is a time limit for stock speculation, but there is no time limit for currency speculation
the time limit of stock speculation is very strict, opening at 9:30 a.m. and closing at 11:30 a.m; It opens at 13:00 p.m. and closes at 15:00 p.m. with 4 hours of trading a day and 20 hours of trading a week. However, there is no such limit to speculation, trading 24 hours a day. Because the currency market is open to all over the world, in order to enable everyone to participate in trading and break the trouble caused by time difference, a 24-hour all day trading mode has been set up
2. In terms of the range of rise and fall, the stock market has the limit of rise and fall, but the currency market does not
the daily fluctuation of stock market can't exceed 10%, but the fluctuation of currency market is very huge. For example, on September 4, 2017, the central bank issued an announcement, pointing out that domestic financing activities in the form of issuing tokens, including initial token issue (ICO), are suspected of engaging in illegal financial activities, seriously disrupting the economic and financial order. The announcement triggered a major earthquake in the currency circle, and all currencies plummeted. After the central bank document was issued at 3:00 p.m. on September 4, all virtual currencies dived. The currencies in the trading area fell by about 4% - 20% in three days, and the currencies in the innovation pilot zone fell by about 15% - 50%
warm tips:
1. The above explanations are for reference only
2. Before investing in digital currency, it is recommended that you first understand the risks of the project, and understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: March 11, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
2. It can be downloaded directly from various application platforms! Network search number blockchain can also be downloaded.
3. Digital currency is currently a prohibited instry in China, so whether to make money or not is another key factor.
4.
The simplest way to start a stock is to buy it and sell it. Recently, 100% of the new shares have gone up. There are too few sellers and too many buyers. Generally speaking, institutions are easier to buy than retail investors, but there are not many transactions< br />
5. The most direct impact is in two aspects:
1. The appreciation of RMB denominated assets benefits the banking, tourism, real estate and other instries, while the export instry suffers
2. The depreciation of assets in foreign currencies such as US dollars benefits the import instries of raw materials such as aviation and paper.
1. The appreciation of RMB denominated assets benefits the banking, tourism, real estate and other instries, while the export instry suffers
2. The depreciation of assets in foreign currencies such as US dollars benefits the import instries of raw materials such as aviation and paper.
6. Under normal circumstances, the impact of issuing excess currency on the stock market is to push up, but we can't rule out the extremely bad reaction of the economy, which leads to a sharp drop in the stock market
7. All the money in the fund should be invested according to the weight of the constituent stocks in 50 Li------ Right
but what does this have to do with the index------ Just because it is allocated according to the constituent stocks of Shanghai Stock Exchange 50, then Shanghai Stock Exchange 50 will rise, and this fund will rise; Shanghai 50 down, the fund fell; And the range of rise and fall is similar. Isn't it related to the index
--- that is, the fund itself will not take the initiative to select stocks, but will allocate them according to the weight of the constituent stocks, which is equivalent to ing the constituent stocks
the replication of index by stock funds --- in fact, this is the "fully replicated" index fund. However, there is another kind of Index Fund: "enhanced" index fund,
1, fully replicating Index Fund - this is an index fund in a complete sense, that is to say, fully replicating and tracking the trend of the index. This kind of index fund is only allocated and adjusted according to the underlying index component stocks and their weights. Although it will deviate from the trend of the actual index e to the change of investment proportion, the gap is small, and the chance of surpassing the index is very small. As a result, this kind of fund is the most consistent with the index
2. Enhanced Index Fund - this is to track the underlying index and actively invest a certain proportion of fund assets, so as to obtain income beyond the underlying index. This kind of fund has greater flexibility in investment. In addition to targeting at the index, it can also make some enhanced investment, which increases the variables relative to the index. It may bring investors a return higher than the index yield, and may also lead to the actual yield lower than the index
conclusion: if the positive investment is done well, the enhanced index fund will surpass the replication index fund. But if the positive investment is not good, it will be the opposite
hope to adopt
but what does this have to do with the index------ Just because it is allocated according to the constituent stocks of Shanghai Stock Exchange 50, then Shanghai Stock Exchange 50 will rise, and this fund will rise; Shanghai 50 down, the fund fell; And the range of rise and fall is similar. Isn't it related to the index
--- that is, the fund itself will not take the initiative to select stocks, but will allocate them according to the weight of the constituent stocks, which is equivalent to ing the constituent stocks
the replication of index by stock funds --- in fact, this is the "fully replicated" index fund. However, there is another kind of Index Fund: "enhanced" index fund,
1, fully replicating Index Fund - this is an index fund in a complete sense, that is to say, fully replicating and tracking the trend of the index. This kind of index fund is only allocated and adjusted according to the underlying index component stocks and their weights. Although it will deviate from the trend of the actual index e to the change of investment proportion, the gap is small, and the chance of surpassing the index is very small. As a result, this kind of fund is the most consistent with the index
2. Enhanced Index Fund - this is to track the underlying index and actively invest a certain proportion of fund assets, so as to obtain income beyond the underlying index. This kind of fund has greater flexibility in investment. In addition to targeting at the index, it can also make some enhanced investment, which increases the variables relative to the index. It may bring investors a return higher than the index yield, and may also lead to the actual yield lower than the index
conclusion: if the positive investment is done well, the enhanced index fund will surpass the replication index fund. But if the positive investment is not good, it will be the opposite
hope to adopt
8. Technically, RMB is expected to depreciate. If the extent of devaluation is determined by the market, the devaluation space is quite large. Basically, it is mainly affected by the US dollar exchange rate, that is, if the US dollar exchange rate is stronger, the RMB will be weaker. At present, the U.S. dollar continues to rise e to the interest rate hike. Even if it will fall after the interest rate hike is realized, the next interest rate hike will still push the U.S. dollar stronger. Therefore, the U.S. authorities have made up their mind to launch a currency war against the world, but the main target of attack is China
according to the expectation of such a currency war, the following changes will take place in China's stock market for a long time to come:
the stock market will be extremely hot. At the same time of outflow of US dollar assets, as the US dollar assets that entered China in the form of "hot money" in that year will sell a large number of RMB assets. These assets are in banks. If banks are reluctant to lend, there will be no inflation worries, or even a strong rise in the stock market. However, in June and July this year, the amount of bank credit in China has reached an alarming level. It is absolutely impossible that all of these amounts will reach the real economy, and a considerable part will come to the stock market. As the economic transformation has brought difficulties to traditional enterprises, the flow of credit from banks into the stock market has become a matter of course. In recent months, after China's stock disaster, China Securities Regulatory Commission (CSRC) required all listed companies to increase their holdings of the company's shares. In fact, this is tantamount to encouraging listed companies to "speculate in stocks". These funds are "confident" to make greater efforts to buy the bottom of the company's shares. Many listed companies use the money from IPO to invest in other listed companies' stocks and conct bank financing.
according to the expectation of such a currency war, the following changes will take place in China's stock market for a long time to come:
the stock market will be extremely hot. At the same time of outflow of US dollar assets, as the US dollar assets that entered China in the form of "hot money" in that year will sell a large number of RMB assets. These assets are in banks. If banks are reluctant to lend, there will be no inflation worries, or even a strong rise in the stock market. However, in June and July this year, the amount of bank credit in China has reached an alarming level. It is absolutely impossible that all of these amounts will reach the real economy, and a considerable part will come to the stock market. As the economic transformation has brought difficulties to traditional enterprises, the flow of credit from banks into the stock market has become a matter of course. In recent months, after China's stock disaster, China Securities Regulatory Commission (CSRC) required all listed companies to increase their holdings of the company's shares. In fact, this is tantamount to encouraging listed companies to "speculate in stocks". These funds are "confident" to make greater efforts to buy the bottom of the company's shares. Many listed companies use the money from IPO to invest in other listed companies' stocks and conct bank financing.
9. 1. After the delisting of stocks, it will be more difficult for investors to get back the capital. Not all the money will be lost. It depends on the situation. After delisting, the shareholders are still the shareholders of that company, but they can't trade in the market. But we can still get the dividend and voting right of the company. When the company goes bankrupt, we can share the surplus value. When the stock returns to be listed, we can be listed again, and so on
2. After delisting, the stock is put into the third board market, which can be traded one day a week, but the price is lower. If the investors don't pay attention, the final price will be zero. The original shareholders need to go to the securities business department to do a custody procere before trading. Once a week, by bidding, up or down 5%. In principle, the investor's investment in the stock has not been recovered, and the risk of the stock market lies in this. After the delisting of the stock, all the investor's funds invested in the stock will be wasted. Therefore, it is recommended not to buy ST or * ST stocks as far as possible, because they all have the risk of delisting.
2. After delisting, the stock is put into the third board market, which can be traded one day a week, but the price is lower. If the investors don't pay attention, the final price will be zero. The original shareholders need to go to the securities business department to do a custody procere before trading. Once a week, by bidding, up or down 5%. In principle, the investor's investment in the stock has not been recovered, and the risk of the stock market lies in this. After the delisting of the stock, all the investor's funds invested in the stock will be wasted. Therefore, it is recommended not to buy ST or * ST stocks as far as possible, because they all have the risk of delisting.
Hot content