I don't know the true face of Lushan, only because I am in this mountain.

For today's people, it is difficult to perceive the trends in the global economic environment due to the limitations of perspective.

At the beginning of 1990, the neon stock market began to decline at the peak of the circle, and its maximum decline exceeded 20,000 points in just one year, after which the real estate sector in the neon stock market rose against the trend, driving the Nikkei to rebound violently by nearly 10,000 points.

However, few people have noticed that in the sharp rise in the weight of the real estate sector, the price of neon real estate has stagnated.

There is only one law that normal people remember.

The stock market is a barometer of the economy.

The higher real estate sector means that the price of real estate will naturally continue to rise in the future.

In fact, this is a huge logical trap.

Capital determines price.

There is no such thing as a barometer under this truth.

In the rebound of the neon stock market, the property prices and stock market prices in the Southeast Asian market have risen in tandem, but there is one difference, the real estate prices of neon have not moved, and the trading volume of the stock market has also shrunk significantly.

It is clear that the funds in the neon capital market are slowly moving to Southeast Asia.

The neon phenomenon is just a smokescreen.

Shen Jiannan was outside the chessboard, and his 360-degree infinite rotation vision allowed him to clearly perceive the purpose of any capital flow in the world.

Three months ago, he had been observing the specific trend of the Southeast Asian market and the neon market, and he couldn't remember the time, but he still knew the variable results.

When the Southeast Asian market continues to rise, it is the end of the neon people.

Unfortunately, in the past three months, the stock markets of the four Asian tigers, led by Thailand, have risen by more than 20 percent on average.

This is the perfect time to sell Neon for a small amount of money.

And the easiest way to sell Neon for money is to short the RB stock market.

That is, the Nikkei 225 index.

As the world's second largest economy, Neon opened up its securities market in the early eighties, allowing foreign investors to invest in the domestic stock market.

But neon's stock index futures contract first appeared in Singapore.

This is because securities investors are prohibited from engaging in futures trading under the RB Securities Exchange Act.

This means that the neon securities market does not have the legal conditions to launch stock index futures trading.

So on September 3, 1986, Nikkei 225 Index futures were listed and traded on the Singapore Financial Futures Exchange.

According to the Neon Securities Exchange Act, Neon domestic funds are prohibited from investing in SIMEX's Nikkei 225 index, and only institutional investors in the United States and Europe use SIMEX's Nikkei 225 stock index futures contracts to hedge their investments in RB stocks.

Stock index futures are derivatives products in the derivatives and capital markets, which are born to hedge risks under the systemic risk of the market.

In the absence of position risk hedging, Neon's institutional investors are clearly at a disadvantage.

For this reason, on June 9, 1987, Neon launched the first stock index futures contract--- 50 stock futures contracts, but due to the prohibition of cash delivery under the Securities and Exchange Act, 50 stock futures contracts adopt the spot delivery method, with a basket of stocks represented by the stock index as the subject of delivery.

After 1990, the Chicago Mercantile Exchange also launched Nikkei 225 Index futures trading, forming a situation where three companies jointly traded the Nikkei 225 Index.

However, due to the fact that Singapore has already had a great influence on the world when it launched stock index futures, its trading volume has always maintained the first place in the world.

In this case, the first choice to sell Neon is to go to Singapore.

Under Thomas Conn's question, Shen Jiannan nodded.

"Questions?"

What could be the problem.

As a subordinate, it is natural to have the consciousness of a subordinate.

Conn shrugged.

"I'm just a trader, and it's up to the boss to make decisions. ”

"If there's no problem, you'll leave after Lu Shu brings someone back. ”

“OK。 ”

Finalizing the neon problem, Shen Jiannan said with a smile to Li.

"Lao Li, you may need to work overtime recently to write a Southeast Asia investment report and a neon investment report to me, is there a problem?"

"This ......"

Li laughed and felt that Yali Mountain was big.

So far, he has only a half-understanding of the Hong Kong stock market, and he is qualified to write foreign investment reports.

"Don't be pressured, neon investment report, just need to be bearish, you can play your literary talent at will, Southeast Asia, you are mainly targeting Thailand, Thailand is the first of the four tigers, mainly bullish on the market, similar to Hong Kong. ”

"Routine?"

"It's that Thailand only needs to be bullish, and Neon only needs to be bearish, and you can play whatever you want. ”

"Then I'll try. ”

"Go back and report it to me. ”

"Yes, boss. ”

Ten minutes later, Thomas Conn and Lee laughed out of the office.

"Robert, you've been working at Standard Chartered for fifteen years, do you have any friends in the Soviet Union? ”

"Yes. Moscow Standard Chartered and Ukraine have my old buddies. ”

"There's a very important job for you to do. ”

“......”

“......”

I was born to be useful.

Many times, a person is destined at birth to be a genius or not.

Li Daxiao is a natural genius.

At four o'clock in the afternoon, Li Daxiao, who was exhausted, took a written investment analysis report and put it in front of Shen Jiannan.

Same as usual form.

There is a title, and there is the name of the real name writer.

Neon Investment Analysis Report.

Title: Run for your life! Fang Nujun, run for your life!

Author: Lee laughs.

"Ahem!"

Shen Jiannan, who was smoking, was choked a lot.

Talent, this is really talent.

"The extreme of things must be the opposite is an old saying in China for thousands of years, and throughout the thousands of years of Chinese history, the correctness of this sentence has been repeatedly verified.

There has never been a thousand-year-old dynasty, and this statement is equally true economically.

The neon real estate industry has reached the most dangerous time, and the neon economy is facing a huge crisis.

It can be seen that in recent years, the price trend of neon real estate has increased tenfold in ten years, but in the rise in housing prices, the per capita income of neon has seriously lagged behind.

It's a kind of extreme contrast.

......

In recent years, Neon's birth rate has dropped to its lowest......

As an export-oriented country, the neon export industry is bound to be seriously affected by the rapid appreciation of the yen, and under the economic transmission mechanism, it is believed that it will soon spread to the neon industry.

......

It is certain that Neon Real Estate and Neon Stock Market will return to normal values in the near future.

......

Run for your life!

Run for your life!

......”

Not a very professional analysis report.

But for such a very unprofessional article, Shen Jiannan was stunned and couldn't say a word.

It's not that he's powerless to vomit, he's really powerless to vomit.

Holding back a smile and enduring a stomachache.

Shen Jiannan took a deep breath.

Laughing. Very good. It's really good. ”

May Day.

"Under the Stars" published an article in the weekly magazines of six countries.

The name is, run for your life! Fang Nujun! Run for your life! The receiver of the stock market!