Reborn Capital Madman

Chapter 0135 Far East Index and High Yield Index

At this banquet, Gao Xian was the absolute protagonist who everyone was staring at. I asked for things in private and I had to take a look at the gap.

Soon, the "Wool King" Cao Guangbiao came over with a wine glass and said with a smile: "Director Gao knew the details and was like Zhuge Liang who could borrow arrows and borrow the east wind. Among the materials, Xiangjiang will be cold this winter. Sure enough, it is rare.

The cold current hit the port, the temperature dropped sharply, and the demand for cold-resistant materials surged."

"Before, when Jindong purchased a large number of these products, I was a little unbelievable."

"Boss Cao has been awarded too much." Gao Xian picked up the wine glass, "As the saying goes, knowledge is all about knowledge in the world, and understanding human feelings is about articles. I also want to learn from Boss Cao."

As soon as Cao Guangbiao sat back, Lixin founder Lin Baixin raised his glass and said, "According to Director Gao's previous guidance, Lixin Group has completed financial reports, legal and other work, and can be listed after the Spring Festival."

"Director Gao is an expert in the securities industry, so please continue to give full guidance."

"Don't worry, Boss Lin, this is my duty." Gao Xian smiled and clinked glasses with Lin Baixin.

Lin Baixin left before his feet, and Chen Jun, the owner of the crocodile shirt, rushed over and said, "Director Gao, the crocodile shirt has been prepared for listing this year, but in terms of details, please give me more advice."

It is not difficult to understand why these people are so enthusiastic about listing companies.

If this bull market in the Xiangjiang stock market is compared to a beautiful woman, then the year before yesterday, that is, in 1969, was equivalent to seeing a beautiful back, and then speculating that this was a beautiful woman; last year, that is,

In 1970, the beauty turned around gracefully and could see her face. She was sure that she was indeed a big beauty.

This year, in 1971, the opportunity for beauty to pick up a chat is right in front of her. Let me ask, who doesn’t want to participate?

As for next year, it will be the last carnival. Even if those who miss the opportunity to get on the bus are willing to make up for the ticket, it will be too late.

After communicating with all the members of the Xiangjiang Cotton Textile Industry Association, their faces turned red and their radiant faces were raising their glasses: "After the Spring Festival, Gao Yi will hold an investment cocktail party, and they will collectively thank all the bosses.

...

Because he came to this era with a huge secret, Gao Xian has always been self-disciplined in order to avoid mistakes caused by carelessness and tried not to indulge himself.

This banquet is no exception. Although the members of the Xiangjiang Cotton Textile Industry Association are all enthusiastic, Gao Xian still quietly kept a secret and did not drink all the wine. He even did it after the banquet ended.

He was so drunk that he stayed at the Repulse Bay Hotel.

In short, Gao Xian avoided the torture of suffering after being drunk, and went to the Far East Exchange as usual the next day.

When he met Li Fuzhao, Gao Xian noticed that the chairman of the Far East Exchange was in a very good mood.

Gao Xian was actually quite happy to be able to guess the reason.

Last year, 1970, the annual turnover of the Hong Kong stock market was more than HK$6 billion; while the Far East Exchange accounted for nearly 51% of the transaction volume, defeating Xiangjiang Securities Trading.

Although the amplitude is not very obvious, it is clear.

According to this development trend, the transaction volume of the Far East Exchange this year will obviously surpass the Xiangjiang Stock Exchange and become the undisputed industry leader.

Looking at the glory of today, who would have thought that more than a year ago, the Far East Exchange, which started, not only did not have its own listed companies, but even the broadcast of stock market trends was cut off by the Xiangjiang Stock Exchange.

After chatting and laughing with Gao Xian for a few words, Li Fu changed the topic and said, "How are you doing on the Far East Index?"

Gao Xian replied understandably: "With the transaction data over the past year, the Far East Index is already perfect enough. As long as you nod your head and agree, after the Spring Festival, you can push it to the public with the opening of the market."

"It seems that the computer system you proposed to introduce really played a big role." Li Fuzhao waved his hand with great enthusiasm, "Let's go and see what the Far East Index looks like now."

In fact, the stock index appeared in the Xiangjiang stock market as early as 1946, called the Yilis Stock Index, which was studied and formulated by the then member broker of the Xiangjiang Stock Exchange.

However, in 1950, Elis passed away, and as a result, the Elis index stopped compiling and quoting, and was eventually forgotten and turned into dust in history.

As the only stock exchange in Xiangjiang at that time, the Xiangjiang Stock Exchange left the Ellis Index with no successor, probably because it did not want to bear the workload of compiling the Ellis Index, especially the electronic computers that had not yet been popularized to assist.

But even now, the long-term monopoly and lazy Xiangjiang Exchange shows no signs of compiling stock indexes.

Hang Seng Bank's Hang Seng Index was first compiled seven years ago and was for use within Hang Seng Bank; it was not announced until the previous year that the index was 150 points, and the constituent stocks only included the only stock exchange in Xiangjiang at that time, Xiangjiang Securities.

Listed listed companies on the exchange.

This month, January 1971, the Hang Seng Index broke through 220 points, and its constituent stocks covered listed companies on the Xiangjiang Stock Exchange and the Far East Exchange.

The reason why the Hang Seng Index has been used internally for more than five years to face the public is nothing more than caution. After all, this system is really difficult to do. Once it is announced, it will be used as an authority by countless people.

Reference indicators.

In contrast, the Far East Index has only been internally "debugged" for only one year, and is enough to be launched to the public.

This shows how effective Gao Xian’s work is.

In fact, the logic of Gaoxian is very simple.

During the statistics process, human brains, including Gao Xian himself, are prone to errors, but the pdp-11 computer system will not make mistakes; not to mention, there are small-protected arrays that are even more unlikely to make mistakes later.

In fact, Li Fuzhao, who is also trading stocks, has already used the Far East Index as a reference indicator, and he has to go there and witness it with his own eyes to reflect the necessary work process as the chairman of the Far East Exchange.

Because of this, when Gao Xian mentioned that Gao Yi Company also compiled a set of indexes, preparing to launch them to the public, and Li Fuzhao suddenly became more interested.

As the name suggests, the Far East Index counts companies listed on the Far East Exchange; and the statistical scope of the Gaoyi Index is not limited to the Far East Exchange, nor even to the Xiangjiang stock market, which is also different from the Hang Seng Index.

The Hang Seng Index’s criteria for selecting constituent stocks is the listed company that best represents the Xiangjiang stock market.

The criteria for selecting constituent stocks of the Gaoyi Index are based on investment profits, and may include constituent stocks of the Hang Seng Index, as well as listed companies in the UK, Yipin and the United States.

To put it bluntly, the development goal of the Gaoyi Index is to become a weather vane for investment, just like Soros will attract countless followers and siege their prey after launching an attack on the capital market.

After the conditions are further mature, Gaoxian will launch a system such as Gaoyi bond rating.

After practicing to the Great Perfection, Gao Xian estimated that his skills would be aborted!

Of course, Li Fuzhao could not know the true degree of Gao Xian’s ambitiousness. After listening to the introduction of Gaoyi Index, he joked: “When the Gaoyi Index quotes, our master and apprentice will be the first to know.”

Gao Xian smiled knowingly: "Like Hang Seng Index, Gao Yi Index quotes once a day. At that time, Mr. Li will definitely get the data as soon as possible."

"Then I'll be relieved." Li Fuzhao nodded with a smile.

Li Fuzhao, who was very satisfied, would definitely not have thought that with the help of the small outfit, the Gaoyi Index would refresh Gaoxian at least once a day.

Seeing that Li Fuzhao was not resistant to Gaoyi Index, Gao Xian further said: "At the Gaoyi Investment Conference after the Spring Festival, Gaoyi Index will be officially launched to the public."

Li Fuzhao nodded slightly, "I will go to the scene to see you."

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