The Rebirth of the Financial Hegemon

"Donglai, you have given birth to a good son!"

Zhao Donghan's words were filled with emotion, and Zhao Donglai raised his head involuntarily. The corners of his eyes and the tips of his brows were all filled with joy and pride from the bottom of his heart.

"Uncle, so you can accept the 50,000 yuan. Don't worry about a small amount of money. By the way, I told Jiangnan that I hope he will apply to the University of Finance and Economics and graduate in the future..."

Zhao Jiangchuan didn't finish his words, but everyone could understand the meaning of the words.

"Good, good, good."

Zhao Donghan said three good words in a row, maybe he was talking about accepting the tens of thousands of dollars, maybe he was agreeing to Zhao Jiangnan's change to the University of Finance and Economics, maybe both.

outside the house.

Zhao Jiangchuan's mother Huang Yajuan and Zhao Jiangnan's mother Lan Ziju are pulling something.

"Sister-in-law, look at you. Every year when you come back, you stuff us with so many things. It's so embarrassing."

"They are all grown by themselves, and they are not worth three cents or two..."

In this scene, when Zhao Jiangchuan walked out of the house, he was dumbfounded.

Indeed, as Lanziju said, they are all worthless things.

The large and small snakeskin bags were filled with all kinds of vegetables and radishes, and the trunk was stuffed to the brim, not to mention the piles on the rear seats.

In addition to these, there are several kilograms of bacon with oily salt. The oil, because it was not well wrapped, the back seat in the whole car was covered with oil everywhere.

Maybe all the things add up, and the quilt cover that has to be changed after I go back is worth a lot.

However, Zhao Jiangchuan didn't say anything. Instead, he helped Lan Ziju to speak, because these things were once disgusted by him and wanted to throw away.

It's all full of love!

"Xiao Chuan, look at you, ask your aunt to stuff us with so many dishes, we're afraid we won't be able to finish it even if we eat badly."

On the way back, Huang Yajuan couldn't help complaining.

The rear seats in the car were filled with snakeskin bags of various sizes. She was squeezed so that she could only bend her legs and bend her waist in the back row. It was fine at first, but after walking a few hundred miles, it would feel like nothing to be mentioned. How uncomfortable.

Zhao Jiangchuan grinned, and he joked: "That won't work, I'll park the car in front, there's a ditch over there, it's all down?"

"Little brat, what are you talking about, is it easy for your aunt to grow this kind of food?"

"Haha, then let's eat slowly."

…

The Spring Festival in 1995 was a very different Spring Festival for Zhao Jiangchuan. The different family affection he had never felt before made him feel that this Spring Festival passed too quickly.

It's just the same Spring Festival. For hundreds of millions of other families in China, every second is so long.

On February 12, which is New Year's Eve, several news began to circulate in the market.

Some people say that after the new year, the government will cancel the pilot of the stock market, and the stock market that has been in trial operation for two years may close its doors.

It is also said that the stock market will change the current trading model, from the T+0 trading model that can be bought and sold at any time to the T+1 trading model with various restrictions.

For a time, many related people were talking about it.

In addition, the news of the national debt market has made some people happy and some worry.

There is a grapevine that the Ministry of Finance has set the subsidy rate for 323 national debt, and the discount rate will be set at 148.5 yuan after calculation.

This means that the price of treasury bond futures in the secondary market will still have a lot of room for growth.

But everything has two sides.

This news made people who hold government bonds in the primary market excited. The price of 148.5 yuan has far exceeded the bank's annualized 6% interest.

The extra income is undoubtedly a good thing like a pie falling from the sky.

And speculators who hold long positions in Treasury bond futures are so excited that they can't sleep through the night.

If this news is true, it means that there may be geometric multiples of profits waiting for them, and the margin system of treasury bond futures will undoubtedly make them rich overnight.

But for those who are short on Treasury futures, this is bad news.

Once the news comes true, it means that they are speculating in the wrong direction, which, for a treasury bond with a margin ratio of only 2.5%, will make them bankrupt in minutes.

Many short-selling retail speculators and even large-scale speculators are sighing in the joyous New Year.

With seven days of annual leave, no one would have thought about the impact of such an important news on the market. According to the market practice, I am afraid that all their wealth will be annihilated in an instant when the market opens after the holiday.

In the excitement and tension of countless people, everyone is waiting for the upcoming seventh day.

The seventh day of the first lunar month, Monday, should open the market.

Affected by the holiday news, on the first trading day of the securities market after the year, the 323 government bond contract directly gapped higher.

In an instant, countless short speculators were killed to the point of liquidation, and those accounts with long-term short positions all went through their positions and liabilities at the moment of opening.

Because the margin for a single contract is 20,000 yuan, and the price of treasury bonds 323 directly gapped by three points~www.novelmt.com~ each point is 10,000 yuan, which means that each contract has gapped due to the gap. The resulting profit and loss is 30,000 yuan.

So this also means that for speculators who held long positions a few years ago, the profit of a single contract will be as high as 1.5 times the moment the market opens after the year.

Countless funds are strangling each other in this market full of crazy profits, and greed and desire drive everyone involved to go crazy.

With this geometric multiple of profit, it is impossible not to make people crazy.

The market gapped and opened, as if to confirm the correctness of the news during the holiday. For a time, the bears were killed to a complete collapse, and the bulls rushed upwards crazily.

Just like the two sides fighting in a battle, the morale of one party has long since fallen to the lowest point under the influence of the mad news for three days, and many parties have started to buy in large quantities under the stimulation of the news.

The substantial reversal in the strength of the opposing sides has caused a shocking reversal of the forces that were originally equal.

By the close at 4:30 p.m., the price of the Treasury 323 contract had been pushed to a sky-high price of 132 yuan.

However, not everyone will be affected by the news, even if the news has already been passed on to everyone.

Being able to single-handedly build Wanbang into the largest securities kingdom in China, Guan Pingsheng's 'Godfather of Securities' can be said to be well deserved.

Having seen the financial history developed abroad for more than 100 years, he knows too well that in the face of huge interests, no news can really influence the trend of the market.

Many times, those so-called news are likely to be rumors deliberately released by people with intentions to interfere with the judgment of the enemy.

Just like in a war, the generals on both sides of the enemy are often used for everything, and it is normal to create chaos and affect the morale of the enemy.