Characteristics of Sangtian Road in Longhubang, Ningbo

Sangtian Road in Ningbo is a well-known hot money in Ningbo, with a capital exceeding 654.38+0 billion and a fierce operation style. It is a seat with a relatively high premium among many well-known hot money. The trading style is mainly playing board, not sticking to high board or low board. It can be locked for a long time or run quickly. It is behind every monster stock in the basic market.

Hot money refers to hot money or speculative short-term funds. In the business dictionary, hot money is defined as "extremely liquid short-term capital, which can quickly flow to any country that can provide better returns." Shanghai Securities R&D Center believes that traditional hot money mainly refers to international short-term capital, but according to China's national conditions, hot money includes both international short-term capital and medium-and long-term capital. The purpose of hot money is to spend as little time as possible in Qian Shengqian. Short-term speculative funds that flow quickly in the market just for the pursuit of high returns are purely speculative profits, not creating jobs, goods or services. 201110 In June, the newly increased foreign exchange holdings10 showed negative growth for the first time in the past four years, and overseas hot money withdrew from China. It has affected China's economy to varying degrees. The biggest difference between hot money and legal investment is that the fundamental purpose of hot money is to make profits by speculation, not to create jobs, goods or services.

Business dictionaries define it as extremely liquid short-term capital, which can quickly flow to any country that can provide better returns. Another example is that due to speculation, a large amount of funds flow rapidly between international money markets. Another example: funds that often flow in the financial market to seek the highest interest rate. Another example: moving from one place to another, seeking short-term capital for quick profit. According to the role and influence of international capital on China's economic development, all international capital flowing in from outside the system for the purpose of pursuing price difference income can be regarded as hot money, including both international short-term capital and medium-and long-term capital.

The formation of hot money is due to the globalization of financial markets and the rapid expansion of international investment funds. In many countries with abundant funds, apart from making medium-and long-term investments, funds also reserve some working capital to look for short-term investment opportunities and seek high returns. Coupled with the development of global information technology, once there are good investment opportunities, investors all over the world will find that a large amount of liquidity will enter the local market. These funds can sometimes reach tens of billions of yuan, which will have a great impact on the exchange rate and interest rate in the local market.