Monday, November 6th, noon.
The securities market is closed and the rain is closed, and the impact of victory and defeat needs time to ferment, Lei Hao thinks that the Thai side has opened up the situation, and he can withdraw from it, but another thing is to slowly unveil the curtain.
"If there is no accident, the ASEAN exchanges will be renamed the ASEAN Stock Exchange at the beginning of next year, and the 10 ASEAN countries will integrate the securities market, and the Thai securities market should be a market that connects to the platform of the ASEAN Stock Exchange."
In Lei Hao's office, Kun Yu is open and honest.
Even the People's Bank of China (PBOC) has not been sure whether the news is true or not, but Kun Yu said, "Can Mr.
Lei understand the political stance of the ten ASEAN countries from the alliance, we can only adopt a major power balance strategy." ” Lei Hao felt that all kinds of information in his mind were flowing rapidly.
The geographical location of the 10 ASEAN countries is very good, and it can almost be said to be the heart of the Asia-Pacific region, but ASEAN is a weak chicken militarily, and any major country in the world can win in a war, so the strategy of balancing the major powers is a principled political position.
Lei Hao can understand this, Thailand is now close to China, but it does not mean that they completely kneel down and shout "Chinese Dad", they also have to insist on their own interests.
The ASEAN stock exchange, just like China's financial marketization, has been shouted for many years, but it has not been able to make a final decision.
The most paradoxical clause is the free flow of capital, that is, if Thunder holds bonds in Thailand, after selling them directly, the funds can be injected into the securities markets of other ASEAN countries.
This is of course ecstatic for Singapore, but it is difficult for Thailand to accept, Singapore's capital market and the outside world are too smooth, smooth to the same as no restrictions, as for Brunei, Myanmar, Laos and Cambodia, it does not matter, the four countries together are less than ten listed stocks.
Singapore, Malaysia and Thailand have different opinions, and the Indo-Philippine Yue said that they need to be discussed, and the matter has dragged on until now, and there has been no shadow, among which various forces 6 continue to take action, and the fierce swords and swords and fierce arguments are not enough for outsiders.
"No, it's November, if the ASEAN Stock Exchange is to be established, I should be able to receive the news, why is there no shadow" Lei Hao was puzzled in his heart, "It may be possible for the G10 to keep it strictly confidential, but I haven't received the information, which means that this matter will change." ” "But from a strategic point of view, it's no wonder that Governor Wang is rushing to let Chinese-funded institutions go global."
A smile appeared at the corner of Lei Hao's mouth.
Although we don't know what the specific rules will be, this group of ASEAN companies dares to set up a federation-type stock exchange, but they really have a lot of courage.
If you do it well, of course, it will be a thousand years of work, and if you don't do it well, you will be guilty, but no matter which side it is, this is a matter of both opportunities and challenges.
"We are interested in connecting with more markets, including China and India."
Kunyu dropped another big bomb.
Lei Hao immediately knew why this matter was delayed, if he took too big a step, he would pull the egg.
"My personal opinion is that this matter still needs to be discussed, and the Indian capital market you should know that their index is not healthy, and it is definitely a dynamite keg."
Lei Hao analyzed: "If China is concerned, I can only say that my motherland is very rich, and the capital markets of South Korea and Japan are also higher than ASEAN. ” "But it's an opportunity."
Kun Yu looked at Lei Hao and finally regained some self-confidence.
No matter how powerful you are, you are only a leader of a financial institution, and I Kunyu am a person who can influence the financial order of ASEAN, and we even have the intention of peeking into the world's financial markets.
Lei Hao was a little silent, but he didn't have the idea of laughing at the other party's incompetence in his heart.
"In the financial circle, no one can underestimate anyone."
Thinking of this with self-deprecation, Lei Hao felt his brain swell a little.
Global economic integration and regional economic integration are the objective direction of development, and the collapse of the Bretton Woods system has taken the historical node of the US dollar to no longer have the obligation to exchange gold, after which economists began to throw out various assumptions.
At present, the most promising one is a combination of the theories of the Chicago School of Economics and the theory of the Keynesian School of Economics.
The Chicago School of Economics believes that there should be a market of complete free competition, and the Keynesians believe that the government should intervene completely, and the combination of the two is to create an economic system that is full of competition and allows the government to intervene.
The idea of establishing a world financial exchange was raised, that is, to establish an exchange in which stocks, options, futures, foreign exchange, gold, oil, and other things from all over the world were traded.
I sell stocks in the China section, and within the scope of China's permission, I directly exchange the RMB I get into Thai baht, and then I go to the Thailand section to buy stocks, and even use them to buy and sell any financial products in any country, which seems to be quite a beautiful thing.
But Lei Hao knows very well that the establishment of a "financial United Nations" is for any country to hand over part of the right to supervise financial activities, in exchange for a world financial integration organization, is it cost-effective Many people think it is not cost-effective, so there is basically no possibility of success.
When Lei Hao saw Kun Yu's shining eyes, he understood that the other party might be eyeing this impossible goal.
"No country, no economy, can do that."
Lei Hao knew this very well.
The United States can't do it, China can't do it, Europe can't do it, why can you ASEAN because of your great power balance strategy Not the World Monetary Fund, not the World Bank, not any international financial organization, your ASEAN stock exchange, which has not yet been established, can be worthy of the world's eighth largest market capitalization by virtue of your combination There is no difference between a person who has no dreams and a salted fish, but dreams are twin brothers with Gao Yuan, Lei Hao admires people like Kunyu, but he doesn't think that the other party has the possibility of success, or that there is no possibility of success in tens or hundreds of years.
It is impossible to have a global alliance, and Lei Hao thought of many things, from the establishment of Thunder, to the rise of Thunder, to the layout of assets, to the strategic requirements of superiors, and then to why the resistance to entering the Thai securities market is so huge.
"Why should Kun Yu talk to me about this" Lei Hao continued to think: "From Thunder's point of view, I definitely support global financial integration, even if it is only a regional exchange, it is a great opportunity for me, so I definitely support this matter." ” "So" Lei Hao stopped his eyes on Kun Yu: "He is in trouble and wants to ask me for help" Lei Hao suddenly realized that what he might be involved in next was a very important event in the financial history of Asia, the Asia-Pacific region, and even the world
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