Rebirth of the Strongest Tycoon
Vol 3 Chapter 1309: Canadian Financial Explosive Barrel
The latest website: Canada Toronto 300 Index, which was compiled in January 1977. The index is composed of 300 stocks with the largest trading volume.
As of the latest statistics, these 300 stocks include 27 financial services companies, 52 metals, mining and gold companies, 60 oil and gas companies, 15 utility companies, 39 industrial products companies, and consumer goods manufacturers. There are 21 companies, 13 transportation companies and pipeline transportation companies, 13 hybrid joint companies, 26 commodity trading companies, and 34 other types of companies.
Since the compilation of the Toronto 300 Index in 1977, the Canadian stock market has gone through a long bull market, starting from the first 1,000 points. Although it fell for a while due to the impact of the oil crisis in 1980, it was in March 1984. Has rushed to 2300 points.
In seven years, it has more than doubled!
And since 1980, it has almost risen in a straight line.
The high unemployment rate has not had an impact on the Canadian stock market. More people believe that the Canadian stock market will become more prosperous. Funds have been invested in the Canadian stock market to promote the prosperity of the stock market.
In addition, since 1982, the Canadian government suspended its money supply control indicators and allowed domestic interest rates to fluctuate simultaneously with or higher than the U.S. interest rates, which accelerated the inflow of foreign funds into Canada and further stimulated the prosperity of the Canadian stock market.
Regarding the exchange rate, the Canadian dollar has been weak from 1980 to 1982, but since the second half of 1982, with the adjustment of Canadian policy interest rates, it attracted large-scale foreign capital inflows into Canada and continuously pushed up the Canadian dollar's exchange rate.
In 1984, benefiting from Canada's strong stock market and artificial operations, the Canadian dollar exchange rate rose again. As of March, the highest reached 0.8285 points.
The Canadian dollar exchange rate rises, naturally, the strength of the bulls rises, and the willingness of capital to do more.
As for the Canadian bond market, due to the "seesaw effect", the stock market has risen for a long time, while the bond market has shown a long-term downward trend.
Under this circumstance, Xia Yu's multi-party funds have poured into Canada, especially the Canadian bond market and bond futures, and they have been continuously buying.
Of course, more funds are still vacant, wandering in front of Canada.
This is not to say that Xia Yu did not act in the stock and foreign exchange markets.
For the stock and foreign exchange markets, Xia Yu is the short seller.
However, Xia Yu is not just for short-selling profits, he also plans to buy bottoms in the later period, so some of his funds will naturally enter Canada, which further pushes up the Canadian dollar exchange rate.
Compared with letting large-scale funds enter Canada and pushing up the exchange rate later, Xia Yu certainly chose to enter the early stage. Although there will be losses after the Canadian dollar exchange rate is exploded later, he is completely sure to hedge the losses.
Simply blasting the Canadian dollar exchange rate to make a cash, or harvesting the company's assets in Canada, which is the lighter and the heavier, of course Xia Yu can handle it.
However, as time entered April, the atmosphere in the Canadian financial market gradually became weird.
The capital power for short selling in the Canadian foreign exchange and stock markets is gradually increasing, and the cakes on these two casinos are getting bigger and bigger.
Although the risk has also increased sharply, the least feared by capital is risk. Longs and shorts are still raising bets, and either party firmly believes that they will win!
The major banks and brokerages in Canada are the main bulls.
The main bearers are the Continental Bank of Illinois, CNA Financial Corporation, Chicago First National Bank, Northern Trust Company, Harris Trust & Savings Bank, etc., mostly financial companies of the Chicago Consortium.
It can be said that the financial company of the Chicago Consortium is the biggest banner among the bears.
The big betting market with storms attracted hot money from all over the world, including Europe, island countries, the Middle East and Australia, and then stood in teams.
When this explosive barrel will ignite, no one knows, everyone is waiting with expectation and anxiety, filling...
At this moment, Xia Yu was not in a hurry, he still had the mind to do other things.
He first completed the establishment of the Yanhuang Association and the Blue Star Association, and then studied the financial markets of European countries.
And when George Berkeley reported to him that the United Kingdom had introduced a telecommunications bill to privatize the British Telecom company and sell 50.2% of its shares to the public and company employees, George Berkeley was asked to join the equity competition, and then he was against the situation. He gave instructions for actions on the West German and Austrian stock markets.
The Bright Fund entered West Germany a long time ago, and in 1981 the West German stock index went up and down around 500 points.
Sure enough, between 1982 and the first half of 1983, the West German stock market ushered in a surge, rushing to a height of 800 points, and then stabilized for more than half a year.
And this time, Xia Yu judged that the West German stock market would soar again. The West German stock index is expected to double and is expected to reach 1,600 points, so let the Bright Fund make a heavy bet before the bull market hits.
In West Germany, there is a branch in charge, while in Austria, it can only be executed by George Berkeley.
...
Although the Austrian stock exchange market is now a deadly silent market, only open for a few hours a week, the entire market has less than 30 stocks and less than 20 members, but it has an extremely glorious history.
Before the First World War, the Austro-Hungarian Empire had not disintegrated. As the stock exchange market of the Austro-Hungarian Empire, the Austrian Stock Exchange was the largest exchange in Central Europe with the largest market share at that time, and its position was like that of New York and Tokyo.
It is a pity that flowers do not have a hundred days of red. With the disintegration of the Austro-Hungarian Empire, Austria is now only a small country in Central Europe, with a land area of only more than 80,000 square kilometers and a population of 7.56 million.
In terms of gross national product, it was 72.121 billion US dollars in 1983, 1.57 times that of Hong Kong.
Of course ~www.ltnovel.com~ With Austria's population and gross national product, the financial market should develop into this way, it really shouldn't.
Especially in February 1984, the Austrian stock market, which had fewer than 30 stocks, was even more troublesome. The stock market fell to half of its 1961 level.
Very few investors who are still interested in stocks are cold.
The Austrian government is in a hurry, but can't do anything about it.
It was in this situation that George Berkeley, the European financial giant, came to Austria and held a normal social networking party. The members invited were only the wealthy locals in Austria.
With the end of the reception, the news of George Berkeley's arrival naturally spread throughout the upper class of Austria.
Troy Walpole, the current chairman of the Austrian Stock Exchange, had a heartbeat and went straight to visit his boss, Ulysses Myron, the Deputy Minister of Finance and Director of the Financial Market Authority of Austria.
PS: The information is too difficult to check, vomiting blood
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