The Rebirth of the Financial Hegemon

v3 Chapter 63: Beat Thailand (1)

Mountains and rivers are always ups and downs, and the stock market is always up and down.

After the Thai stock market fell from a high of 1798 points to 760 points, there was another strong rebound.

Especially blue chip heavyweights.

Several stocks such as Thai Telecom, International Media, and Bank of Thailand.

In more than a month, the prices of these heavyweight stocks have more than doubled.

Led by the weighted blue-chip stocks, the SET index of the Thai stock market also rebounded by more than 150 points.

Investor panic gradually subsided.

The new Prime Minister of Thailand, Chavalit, delivered a speech.

Thailand's current economic environment is good, and the Thai stock market has the potential to continue to rise. He said that the Thai government will vigorously support the development of the financial industry and manufacturing industry. He is very confident in the future of Thailand's economy.

When the Thai media broadcasted Prime Minister Chavalit's speech, Bhamo, a well-known Thai economist, made a detailed analysis.

Bamo thinks.

It is a common economic law that Thailand's economy is currently in a small wave of decline in an upward cycle.

The rise and fall of the Thai stock market is a selective process of alchemy.

With the Thai government's strong support for the financial industry, he believes that the Thai stock market will definitely hit a new high.

In addition to Professor Bhamo, many well-known experts in Thailand expressed their views on the future economic development of Thailand when they were guests on the radio.

The content is the same.

Experts believe that the current economic development momentum in Thailand is good, and the stock market and real estate are not likely to continue to decline.

The stock market represents the future of a company.

When the stock market took a big hit, all the individual stocks plunged.

Experts say the decline is irrational.

Some of these high-quality stocks simply have no reason to fall.

This also means that there are several stocks that are currently at their best gold prices, which is the time to buy at the bottom.

Take Chiang Mai Electromechanical as an example.

Chiang Mai Electromechanical was profitable for two consecutive years between 1994 and 1996, and last month signed an order worth 100 million US dollars with Japan's Mitsubishi Heavy Industries.

With good profitability and quality fundamentals, Chiang Mai Electromechanical's share price will definitely rise again in the future.

Some experts also expressed their views on the real estate industry.

Experts think.

In the past ten years, Thailand's economy has developed well, and the population has shown rapid growth.

In addition, real estate investment is also popular among investors, and it is believed that real estate prices have also reached a value depression.

Perhaps it was Prime Minister Chavalit's speech that played a role, or perhaps experts fundamentally analyzed Thailand's future economic situation.

In the stock market, some stocks that have been cut in half have rebounded to varying degrees, and housing prices in Bangkok and Chiang Mai are gradually showing signs of recovery.

Bangkok, Stock Exchange.

Liu Qiang sat in the trading seat of Jushi Asset Management and issued various orders from time to time.

This time, Jushi Asset Management invested a lot of money in the Thai stock market, and the cumulative amount has nearly exceeded 100 billion baht.

A considerable part of these funds is played in the heavyweight blue-chip stocks in the market.

On the big screen in the exchange, the trend of various stocks in the Thai stock market flashed from time to time.

On the main screen, the price of the SET index has also risen from a minimum of 760 to 955 points.

There are several leading weights, and the increase is nearly twice as high.

Several weights such as International Media, Dongfang Power, and the Bank of Thailand are the main targets of Jushi Asset Management this time.

"Brother Qiang, SET has eight points to reach the pressure level..."

The pressure level of SET, the percentage pressure of rebounding in the middle of the decline.

This position is the reversal position obtained by Liu Qiang after technical analysis.

From a physical point of view, in order to make a pinball fall faster and harder, the pinball must first go up to the sky.

This is the same as applying to the stock market.

Only a market that has rebounded is easier to suppress.

Liu Qiang glanced at the SET that was still going up, and he ordered.

"Let's put it away first, wash the grass inside and talk about it. International Media, buy 400,000 hands, Dongfang Power, buy 1 million hands..."

That morning, the Thai stock market soared nearly 50 points.

In one fell swoop, it broke through all the moving averages and resistance suppression.

Inside the business offices of major securities companies in Bangkok.

Shareholders and investors gathered in twos and threes to discuss something.

Everyone's faces were bright, and many people were shouting excitedly.

Among the more than 100 points in the SET surge, several stocks rose by more than 5%.

The leading heavyweight stocks rose by about 15%.

"Shan Cha, believe it now, I told you to buy Dongfang Power with me..."

"Hey, I sold International Media yesterday..."

"It's a pity, I was optimistic about Dongfang Power yesterday and didn't dare to buy it..."

"Check and guess, how, if you buy Chiang Mai Electromechanical with me, how can you earn 3,000 baht today, let's see which broken stock in your hand, it will only rise a little if it rises so much."

"I'm so mad, I was washed out by the shock of Dongfang Power yesterday."

"A coward, haha... The cowardly starved to death, do you understand?"

"No, I'll buy it back at the opening in the afternoon. Today's heavy volume has risen sharply, and it will definitely rise again later."

"If it can go up for a few more days, I will be able to untie it. Hey, it's a pity that I didn't have the money to increase the position at that time..."

"Haha, I increased the position, and I will be able to untie it tomorrow."

"Yeah, with such a big positive line, a lot of money must have gone in, and there will be at least a few inertial positive lines in the back..."

"Hey, I emptied a third-hand SET at the 960 pressure level, and I lost it."

"This pressure level is useless at all, and my 940 empty was also stopped."

"…"

Some are happy and some are sad.

The Thai stock market has rebounded by 200 points in a row, allowing many new long-term investors to get rich returns.

Even the investors who were stuck in the early stage recovered a lot of losses during the rebound.

To use a later sentence, it is called the recovery of market sentiment.

Those who do it are miserable.

During his nearly 50-point surge, I don't know how many shorts were blown up by the market.

Inside the Bangkok Stock Exchange.

Liu Qiang is presiding over an ad hoc meeting of the trading department.

In the morning, SET broke through 960 points in one fell swoop. When a large number of technical short orders were swept away, it also attracted a large amount of capital to buy ~lightnovelpub.net~ The rules of zero-sum hedging exchange determine that teammates are opponents, and opponents can also be teammate.

This is equivalent to tactically clearing some of the internal instability, and burying friendly forces for the rear.

"Little San, first smashed 960 at the opening of the afternoon, and sold one-third of Dongfang Power's position, Xiaosi, cleared a quarter of International Media's position, Dalong, put 300,000 empty orders on SET... .."

The combat effectiveness of a unit is often reflected in the degree of cooperation.

After countless transactions, the tacit understanding between traders is getting higher and higher.

Opening in the afternoon.

All the traders quickly typed on the keyboard according to Liu Qiang's instructions.

Then…..

Investors in the Thai stock market found out.

Days have changed.