Looking at the performance of various stock markets in the Asia-Pacific region, the overall trend is good, India rose by more than 20% last year, Thailand rose by nearly 20%, China's Shanghai, Shenzhen and Hong Kong Island rose, and Singapore and Australia are all improving. Pen & Fun & Pavilion www.biquge.info

The reasons are very complicated, just analyzing South Korea and Thailand, the rise of the KOSPI index is unexpected, the capacity of SET is too small, and the increase is mostly stimulated by the real economy, which is relatively stable.

The South Korean market has also come to a fork, with the analysis of the circle to explain, that is, the data is good, but the pressure is huge, and now the KOSPI index has been oscillating in the golden cross area.

There are also a lot of pressures, such as China's political and military conflicts, South Korea's business in China gradually shrinking, and problems in entertainment, tourism, and manufacturing, but due to the support of the securities market, there may be better than expected data at the end of the year.

North American institutions participate in the long Korean market, not only because they see opportunities, but also because they are mixed with political intentions, South Koreans are not stupid, they must keep their securities market good.

It is a virtuous circle that the securities market is improving, asset valuations are high, inflation rates are rising, money circulation is increasing, people are sharing the benefits, consumption is stimulated, the real economy is stimulated, and the securities market is being pushed back.

Therefore, financial institutions are very aware that the South Korean government needs the KOSPI index to rise, but they will definitely make a move at a certain point to prevent the securities market from overheating and causing risks to get out of control.

Goldman Sachs, MIG, Wells Fargo, Han Li and other bulls are financial institutions, and the profit-seeking nature makes them think differently from the authorities, and if they can let the market rise out of control, they are not unwilling to try.

The Thunder is bearish on the market outlook, technically speaking, the KOSPI index has risen by 16% in just two months, and it has become a mad bull.

But if you look at the KOSPI index from the perspective of PE, you will be surprised to find that the data is not too far off.

What the hell is it that the proportional change in price per share and earnings per share is not off track on the premise that the stock market is rising? The answer is the depreciation of the won.

When the Korean won depreciates by 1%, the income in this area is almost 1%, and then PE is 20 times, this 1% can support 20%, and if the overseas business is 50%, it will support 10%.

Similar financial operations have blinded the market, and Thunder can't find much exposure to short the won in the foreign exchange market, because people are too lazy to hide it, and every step of the operation is clearly there.

As a result, South Korea's foreign exchange reserve system loses money, but the bondholders and debtors "make money" and the savers lose money...... A range of financial exploitation tactics are working.

A proper inflation rate and a proper currency depreciation would be a good idea for the Korean economy right now, and then they suddenly found that the economy of the Republic of Korea was doing well.

Currency depreciation? What's that? As long as the situation is stabilized, the market outlook can be expected, and as for the financial system to bear greater risks, that is the government's business, and if the situation is not good, everyone can impeach the president.

Bloodthirsty capital exploits ordinary people legally and compliantly, because the laws and regulations are written almost according to their will.

When the economy is improving and there is inflation, financial institutions will try to turn money into assets, and when the economy is deteriorating and deflation, financial institutions will try to turn assets into money.

The conversion of assets and currency is a means of exploitation, but in general, this is a battle of vision, taking China as an example, you can see through, you exchanged all the currency for assets ten years ago, and then go to see those who save money into the bank, will there be a sense of superiority?

Lei Hao's voice is: In the short-term financial cycle, the South Korean market should enter the channel of adjustment and downward movement to eliminate systemic risks, and then ...... Take its toll.

Lei Hao's opponent said: This is not a small reincarnation, but a big reincarnation, the Republic of Korea is brave and invincible, just a few risks, we can stand it, brother will continue to rise, as for the things that will increase the risk if they rise again...... Anyway, it's the last coupon holder who dies, so wouldn't it be better not to be the last coupon holder.

Monday's market seemed to be windless and waveless, but the Thunder's bullish position in the South Korean market quickly decreased, directly from 40 billion to 34 billion, representing a sharp increase in the likelihood that they are bearish on the market outlook.

In the Thai market, the SET index fluctuated, and the exchange rate of the US dollar against the Thai baht was 34.0300, which was normal on this side, and the thunder held the Thai baht and bought the futures contract of the Thai baht for the US dollar, which seemed to be hedging, but in fact, it was hoped to build momentum to lower the value of the Thai baht, and then secretly collect more currency.

However, the capacity of the Thai market is not large, and it is destined to win or lose on the premise that the Korean market has attracted a lot of attention, and its victory or defeat has not actually had any impact on the overall situation.

What everyone wants to see most is the confrontation between the Thunder and the bulls in the Korean market.

"From a technical point of view, I have the initiative, but the opponent has the strength to influence the fundamental information, and in comparison, the winner is the loser." In two years, one project after another, and one operation after another, Lei Hao's growth rate is also very fast.

No matter how stupid you are, if there are countless projects for you to participate in, plus the assistance of future information, as long as you are willing to work hard, of course, you can draw enough knowledge and experience from them.

Lei Hao used to feel tired because of lack of knowledge and experience, but now he feels tired because there are too many things, but gradually, from a lot of practice and learning, he also began to embark on a path that suits him best.

With future information, some things that are variables for others, certain quantities for Lei Hao, variables that some veteran institutions can manipulate, Lei Hao can't manipulate, and the advantages and disadvantages cancel each other, but he can follow the context of change and walk on the right path, which is the premise of creating miracles.

"It's changed." Looking at the newspaper in his hand, Lei Hao felt a little helpless, "Originally, South Korea raised its economic growth estimate by 0.1%, but now it remains unchanged, do you want me to close my position smoothly?" Or are you accumulating variables? Or is it ...... A kind of calculation? ”

Economic data can be revised, like the three brothers in India, there are many ways to count economic data, and even made jokes that the data released are denied by the market.

Although South Korea has low self-esteem and arrogance, their credibility in the financial field is still good, and the credibility of economic data is relatively high, but as long as it is a human thing, there is room for manipulation.

Economic growth has remained unchanged amid a contraction in China, which in itself is a positive.

Lei Hao knew that this data should not be constant, but increased from 2.5% to 2.6%, and in November, the end of the year, Smecta said that they would amplify their moves, which was originally a stimulus for KOSPI.

Now that this stimulus has disappeared, Lei Hao can see that the opponent has begun to be cautious, and the information that should have been released, they have quietly accumulated.

If he hadn't known in advance, Lei Hao's analysis would have been wrong, but now, he can see the names of the South Korean authorities quietly appearing in the list of opponents.