Chapter 1300 The Three Major Domestic Exchanges Are Established!
December 1, 1990.
Saturday.
Today is a holiday, and many gamers around the world are paying attention to the stand-alone version of "Warcraft" released by Empire Games last month.
Moreover, this month, Empire Games will release its second new game this year, "StarCraft". Although this game is also a stand-alone version, it has also attracted many game enthusiasts around the world.
At this time, Yang Ming has already set his sights on other aspects.
Because today, something very important will happen to the domestic financial sector.
Among them.
The Shencheng Stock Exchange will be officially established in Shencheng Putong today.
The Pengcheng Stock Exchange will be officially established in Pengcheng Shekou today.
The Yangcheng Futures Exchange will be officially established in Yangcheng Tianhe today.
These are the three major domestic exchanges.
Among them, the Shencheng Stock Exchange and the Pengcheng Stock Exchange are normal stock exchanges.
The Shencheng Stock Exchange is aimed at the listing of domestic state-owned enterprises, mainly large domestic state-owned enterprises.
The Pengcheng Stock Exchange is aimed at emerging technology companies in Pengcheng and even the whole country, similar to the Science and Technology Innovation Board in Hong Kong.
As for the Yangcheng Futures Exchange, it is currently the only futures exchange in China.
The futures exchange in Yangcheng was not easy to come by.
At the beginning, Yangcheng wanted to compete with Pengcheng for the stock exchange, but Yangcheng could not compare with Pengcheng in terms of policies, so it could only retreat to the futures exchange.
Of course, according to the current London Futures Exchange and Chicago Futures Exchange, Yangcheng, the only comprehensive futures exchange in the country, will also establish Yangcheng's position as one of the three major financial cities in China.
The Yangcheng Futures Exchange is completely learning from the futures exchange in Hong Kong.
This time, it was officially listed and established, and it has been legally recognized in China. In other words, starting today, the futures exchange in Yangcheng is the only legal one in the country, which is different from the previous futures exchange that was held secretly.
After the formal establishment of the Yangcheng Futures Exchange.
It immediately announced that the first futures project was Yangcheng Gold Futures.
In fact, it is similar to London Gold Futures.
It's just that this Yangcheng Gold Futures is aimed at domestic gold futures, including physical gold transactions.
If nothing unexpected happens, Yangcheng will inevitably become a domestic gold and even gold jewelry trading center.
At this time, because it was Saturday, Yang Ming did not return to the headquarters of the Empire Group Building, but was in the Repulse Bay Mid-Levels Villa.
Yang Ming and Yang Jirong were having breakfast there. They read in the newspapers that the three major exchanges in China have been officially established today.
Although in history, the Shanghai Stock Exchange and the Pengcheng Stock Exchange were almost established today, the Yangcheng Futures Exchange was fought for by Yangcheng itself.
Moreover, these three major exchanges, such as the Shanghai Stock Exchange and the Pengcheng Stock Exchange, have been prepared for many years. In the mid-to-late 1980s, the old man had plans to establish a stock exchange in China.
However, the conditions were not suitable at that time, and the major cities had always wanted to get a stock exchange, so they finally decided now.
Now the scale of the Hong Kong Stock Exchange has long exceeded that of the London Stock Exchange, but according to the status of a traditional international financial metropolis, it still ranks behind London.
However, in terms of stock markets, futures, bonds, foreign exchange, bills, etc., Hong Kong's comprehensive strength has long surpassed London, and as for New York, it is definitely still a lot behind.
This is related to the fact that the national strength of the United States is still at its peak.
However, in Asia, Hong Kong's financial status is unshakable, and then Tokyo, as for Singapore, it is still behind.
Although Shanghai, Pengcheng, and Yangcheng are now beginning to develop in the financial sector, Yang Ming is still very optimistic about these three cities.
After all, the domestic development speed is getting faster and faster, and the floating wealth is increasing. Although all aspects of finance have not been liberalized, as these big cities develop, if Hong Kong does not develop one day, cities like Shanghai are likely to be caught up and surpassed by Shanghai.
"Peter, now there are stock exchanges and futures exchanges in China." Yang Jirong said.
Now more and more people in Hong Kong are speculating in stocks because stock investment can really bring returns, but it is different in China.
In Yang Ming's view, the domestic stock market in the early days could still produce many millionaires, but it gradually became impossible.
And Yang Ming also asked the financial departments of the Empire Group to prepare to enter the country when the time comes.
Now, in addition to Huifeng Bank, Zada Bank, Overseas Trust Bank, Hang Lung Bank, etc., which have already established branches in China, in fact, the finance of the Empire Group can be regarded as entering the domestic market early, which is much faster than those financial banks in Europe, America, and Japan.
In addition, there are insurance, trust, etc., which are also a huge market in China. If the Empire Group obtains relevant licenses to enter, China is also a very worthwhile place for investment for the Empire Group.
"Daddy, Mommy, China will develop faster and faster, and will be integrated with the international market faster and faster."
Like what Hong Kong has now, Guangzhou and Shenzhen have it.
Including horse racing, large shopping malls, and the newly established stock exchanges and futures exchanges. In the future, there may be a group of Hong Kong investors entering the mainland to invest, which can be regarded as a first taste of soup.
. . .
In the afternoon.
More Hong Kong journalists have paid attention to the news of the establishment of three major exchanges in China. For some Hong Kong investors, the establishment of three major exchanges in China may have a certain impact on Hong Kong's finance.
Some state-owned enterprises or private enterprises that originally went to Hong Kong for listing will now stay in domestic cities.
Some domestic investors who may have invested in Hong Kong may now start to pay attention to domestic stock exchanges.
Yang Ming found these comments funny. How could there not be a stock exchange and futures exchange in China? This is a matter of time.
Moreover, in Yang Ming's view, Hong Kong used to be a window of domestic blockade, which has allowed Hong Kong to reap dividends for many years. With the opening up of China, major cities in China are increasingly integrating with China.
In this case, Hong Kong can only maintain its own advantages.
Like what Yang Ming has now won for Hong Kong, including advantages in various aspects of science and technology, Yang Ming believes that this is the most important thing for Hong Kong's future.
However, on the other hand, these people in Hong Kong should belong to a very conservative force. Historically, it may be these talents who led to the gradual decline of Hong Kong.
Yang Ming did not comment on these people.
After all, Hong Kong now has a population of more than 7 million. With so many people, there are all kinds of people. This is normal.
However, that night.
After Yang Ming finished dinner, he called Mai Lisi, Ma Shimin, Wei Li, and Huo Jianning to meet him at the Repulse Bay Mid-Levels Villa.
"What do you think of the official establishment of the three major exchanges in China?"