Chapter 915: Chapter 375: Secretary
Han Lie started his new job with considerable enthusiasm.
Upon arriving at the company, he immediately called a meeting with all the department heads.
"In the coming period, the company’s two products will enter the portfolio building phase. All departments must strictly adhere to confidentiality protocols and ensure adequate support services...
The Research and Strategy Department must actively play its role, preparing two macroeconomic reports every morning and evening to circulate to the entire company.
The trading department has the heaviest task, Manager Jiao, do not delegate the operation memos, do them personally..."
The arrangements made all the employees tense.
Han Lie himself dove into the trading department.
"What’s the situation?"
"Significantly lower opening!"
Jiao Fangyan’s voice was particularly excited, and the other employees in the trading department, including interns Daxia and Shitou, were all very restless.
"How much lower was the opening?"
Han Lie casually asked, while looking down at the screen.
"Wow, 16 points?!"
Last Friday, the Shanghai Index closed at 2058, and this Monday, it directly opened at 2042, further declining right after the opening.
Something’s about to happen...
Even Han Lie felt puzzled and turned to ask Jiao Fangyan, "What about today’s economic news? Let me have a look."
Jiao Fangyan quickly handed over a paper document, and Han Lie read line by line.
[The National People’s Congress is drafting the real estate tax law]
[CEO Xiao: Actively promote the inclusion of A-shares in the MSCI index]
[CEO Xiao: Strive to introduce the next phase of the delisting reform plan within the year]
[Zhou Xiao predicts interest rate liberalization: initial rates may likely rise]
[February CPI rose 2% year-on-year, food prices rose 2.7%]
[Chen, the chairman of the Shenzhen Stock Exchange: The Growth Enterprise Market will expand its scope and lower the thresholds]
[Capital flows restricted industry, the Banking Regulatory Commission stated it will strengthen off-balance-sheet regulation]
Wow, all negative news!
With Han Lie’s current depth in finance and economics, a quick glance at the content allows him to basically assess the real meaning and specific impact.
The new tax law is negative for the real estate industry, making it the culprit of today’s plummeting real estate sector.
MSCI is a global financial index compilation method, compiled by Morgan Stanley Capital International, a subsidiary of Morgan Stanley.
The MSCI Huaxia index is an index tracking the performance of Chinese concept stocks.
This news seems to have little short-term impact on the market.
The thing is aimed at QDII and QFII license holders, simply put—foreign capital sees cheap prices and wants to enter the market, and the MSCI Huaxia index serves as a tool to guide foreign capital in understanding the Huaxia stock market.
Hence, when peeling back the facade to see the essence, CEO Xiao promotes the globalization of A-share indices at this time, hoping foreign capital will enter to make the market lively.
A relatively obscure medium and long-term positive.
The next line, CEO Xiao’s delisting reform plan, is a long-term negative but has little actual impact and is easily digestible.
Interest rate liberalization and CPI data are both neutral.
Expanding the Growth Enterprise Market and lowering thresholds is an excellent strategy at the macroeconomic level as ultimately the stock market serves economic development, but in the short term, it is a standard market negative.
Today the Growth Enterprise Market crashes, largely due to the panic caused by expansion and lowering standards.
The stock forums are filled with curses—"Garbage Growth Enterprise Market still lowering standards, any bullshit company can list to swindle money, really don’t want Big A to rise, do you?!"
Every new stock listing reduces existing funds and expands the total scale of A-shares.
Back then, PetroChina, half a month before listing already made the bull market unable to rise, and after listing, it dragged the index downward, countless investors were caught at the peak.
Standing there for 20 years with no chance to break even, aren’t you scared?!
Uh, don’t be, there’s no need.
It won’t break even no matter another 20 years, just relax and be shareholders instead...
The last message [Strengthen off-balance-sheet regulation] is purely a repeat, with no real impact on the stock market, but greatly affects Han Lie’s financing sideline.
You might not believe it—actually, it’s a good influence.
Strengthening regulation is a systematic long-term project, not something that can instantly seal loopholes with slogans, but the higher-ups’ actions make fund operations more difficult.
In other words, less adept or poorly connected small players will be eliminated.
Conversely, those with charisma and connections benefit, gaining more opportunities and occupying a larger market.
Coupled with the rise of internet finance, the coming years will be a risky period full of wealth creation.
Of course, Brother Lie doesn’t need such opportunities; he just finds it interesting.
Viewing the "current process" from a future macro reality perspective is not only insightful but comes with a sense of having everything under control.
Without enough knowledge as a base, it might just be a spectacle.
However, Han Lie has enough knowledge, so he sees the thriving national fortune and various local oscillations.
He can even see the specific fates of individual players mingling in the waves.
For instance, Gao Shen, whose online lending is bound to make big money, but if at a critical moment, a key fund due to a superior’s inspection gets pulled out early, he will hundred percent explode and bankrupt.
Either abscond or get locked up.
Such accidents could happen or might not, it’s a probability within systematic risk.
Yet, as long as Han Lie wants it to occur, it certainly will.
Expansive vision, solid foundation, and strong connections equip Han Lie with the ability to pluck the strings of destiny. This power is robustly hidden, far more explosive than money itself.
