Riding the wind of rebirth

Chapter 1552 Shopping

The reason for Li Laosan's calmness is very nonsensical. Based on Zhou Zhi's stock market gains during this holiday, excluding the more than 20 million paid to the Fujita Museum, there is still about 30 million.

If these 30 million enter the market, it can reach a scale of 1.2 billion.

How many treasury bonds have been issued in total? The total amount is only 24 billion. The total value-preserving subsidy paid by the state is only three to four billion. If the choice is only made within the range of whether the national debt "slightly wins in value preservation" or "slightly loses in value preservation", this amount will be even narrower. One billion is enough.

The country's adjustment determines the outcome of the long-short treasury bond market, but as long as one player like Zhou Zhi enters the market, whether it is long or short, how much fluctuation will it bring to the market?

Isn't this another winning hand?

And judging from the current craziness of the market and analyzing the market trading volume, the power of these two hands has quietly changed.

This market has entered an abnormal state.

In a "policy market", what will happen if policies cannot control the market?

disaster.

"Elbow, I'm going to make a suggestion to the country." Li Laosan said to Zhou Zhi when they were discussing the bond futures market.

"What suggestions?" Zhou Zhi finally realized that the two of them were representatives and could participate in political discussions and make suggestions.

"Exchanges should set limits on positions held by individuals and institutions, and strictly strengthen the management of maximum position contract limits." Li Laosan has rich experience in this area: "It is strictly prohibited for member companies to borrow positions from each other and inflate trading volumes. ; Implement control over the use structure of position limits; strictly control banks’ provision of short-term loans for individual institutions to speculate on bonds; strictly manage the use of government bond futures funds... Finally, open special positions for agreement to close positions to prepare for uncontrollable events.”

"Damn! I'm afraid you'll be the target of public criticism if you play like this, but take it easy." Zhou Zhi smiled and said: "But you also 'know the true face of Mount Lu just because you are not in this mountain'. Also, your mentality deserves praise."

“What mentality deserves praise?”

"If you find such an opportunity in the overseas secondary market, I don't see you being so worried. Instead, you will be happy and crazy to participate, right?" Zhou Zhi said: "But when faced with the domestic market chaos, the first thing you think about is how likely it is. The catastrophic consequences and how to remedy the vulnerability, hahaha, this is the ownership mentality, great job!”

"Huh? Hahaha, if you hadn't told me, I wouldn't have thought that this was coming! It's really like this..."

However, in the end, Li Laosan's suggestion did not seem to be adopted. It seems that only one of them succeeded in the end, that is, individual positions should not exceed 3 positions and institutions should not exceed 5 positions.

But then another supplement came out - institutions are only allowed to open a maximum of 40 mouths.

One bite of treasury bond futures corresponds to a cash coupon with a face value of 20,000 yuan. Calculated based on a margin of 2.5%, the margin for one bite is 500 yuan.

The individual upper limit is 30,000, which means that individuals can use 15 million in cash to play 600 million futures, and the institutional limit is 400,000, which means that institutions can use 200 million in cash to play 8 billion in futures!

For a total of only 24 billion bonds, this regulation is almost the same as no regulation at all.

The reason why this supplementary clause came out is very simple, that is, Li Laosan had already expected it. It is estimated that various institutions have had too much fun in the futures market, and their positions have already far exceeded the initial 50,000 contracts!

Now it was Li Laosan's turn to comfort Zhou Zhi. Since the senior management dared to do this, they must be confident. Anyway, he had made suggestions. Whether he would adopt them or not was up to others.

But let’s not play in this market.

Zhou Zhi doesn't care. Ordinary people don't have good investment channels and are worried about the depreciation of their savings due to inflation, but he doesn't. Not only does he not do it, he is also suffering from a long-term lack of money.

For example, he has always coveted Zhang Daqian's splash-color works.

Another example is the high-quality Song Jun or Jin Jun. Although he already has a small purple-spotted bowl, he has always wanted to have a larger and more representative vessel.

There are still many good things on display in other antique stores across the country. Even if the craze for antiques has begun to rise, most of them are bustling in the big antique markets. The items in the antique stores that really display high-quality antiques are still the same. It still scares away ordinary players.

In other words, everyone is still keen on hunting for relatively high-end artifacts in the low-end market, focusing on a pick-up mentality, but they still lack sufficient understanding of the true value of cultural toys.

For the same 50,000 yuan, people would rather buy 20 or 30 pieces of folk kiln porcelain from Panjiayuan and fill a room with them than buy a fine Kangxi official kiln porcelain from Rongbaozhai or the Capital Cultural Relics Store.

This is because the mentality and understanding of most people are not adequate, which gives Zhou Zhi a good opportunity to blatantly make mistakes.

Luo Qianhe from the Shanghai Cultural Relics Store and Sui Kuang, the general manager of the Rongbaozhai calligraphy and painting department, were called by Zhou Zhi again recently.

Luo Qianhe met Jiang Shuyi in the cultural relics store they visited when they visited the Bund during their last trip to Shanghai. At that time, Zhou Zhi selected a few jade articles in the Shanghai cultural relics store as templates for the Suzhou Jade Carving Factory to observe. They imitated the same style of jade according to the styles of those cultural relics.

At that time, Luo Qianhe proposed that they had a box of fine jade articles sent to Beijing for the exhibition, a total of eighteen pieces.

Zhou Zhi let Jiang Shuyi make up his mind, and finally selected the Qianlong white jade Spring Water Autumn Mountain Geese Wearing Lotus Ribbon Ring, the Zhizhi Picking Immortal Riding on a Chariot Ornament, and the Eastern Han Dynasty Topaz Dragon's Head Hibiscus.

However, Zhou Zhi himself was very interested in the Hongshan jade cloud-shaped object among the eighteen jade objects, the Longshan three-tooth jade, the Shang Dynasty jade kneeling figure, the mid-Western Zhou Dynasty cloud-patterned jade, the Warring States period jade-shaped jade pendant, the Han Dynasty jade belt hook, and the Tang Dynasty topaz. The devil scorpion, the Liao Chun Shui Qiu Shan jade pendant, the Ming Dynasty flower heron pattern cup, the Qingxing stove, the Shan Zi, the pen holder, the water basin, the Buddha's hand, all displayed in Ruyi's study room, have always been in my mind.

Now I thought it would be better not to let them separate, so I proposed to Luo Qianhe to buy all the jade articles and send them to the Suzhou Jade Carving Factory for several jade carving masters to make samples.

In fact, this is quite a loss, because soon the country will ban the exchange and auction of ancient jades. If Zhou Zhi does not sell the jade articles in time, he will actually lose them in his hands.

But Zhou Zhi doesn't care, because he can make up for the losses inside the dike and outside the dike.

Su Gong masters draw inspiration from these jade carvings and create new jade carvings, and their craftsmanship and aesthetic attainments can even be more exquisite than those of ancient jade carvings.

Zhou Zhi was able to continuously supply them with jade materials to make exquisite new jade carvings.

But these jade carvings can be bought and sold normally, and the price will rise to a level beyond the reach of ordinary people in ten or twenty years.

So looking at all of this together, Zhou Zhi actually didn't lose much in this multi-million dollar transaction.