There are still nearly 20 billion yuan invested by Wenzhou Real estate speculators in the stock market.

Source: Internet
Author: User
Cash in Stock Market

China Securities News reporter contacted Yang Bo (not his real name ). Yang is a senior investor in Wenzhou. He has invested in real estate for many years. Besides Wenzhou, he has multiple properties in his local area, involving residential buildings, shops and other properties. Two months ago, he sold four houses, more than 10 million yuan invested in the stock market, but this is only 5% of his assets. He said, "other houses cannot be sold now, and there is no way to control the country ."

"I don't have time to make a stock and entrust it to others. The other party has a 30% commission ." Yang Bo said that he was attending a conference in Mercedes-Benz. Asked him about the current stock market's capital gains, he said, "Wait until you exit. In the past few days, we have caught two trading stops ."

Zhou Devin, president of Wenzhou Small and Medium Enterprises Promotion Association, said in an interview with the China Securities News that the introduction of secondary control policies, such as "purchase restrictions, loan restrictions, and off-limit", has an impact on Wenzhou's investment in the property market, most of them are again on the sidelines.

"The property market and the stock market are two different fields and cannot be equal. The amount of money invested in the property market is indeed decreasing, but currently there are a lot of people bullish on the stock market, and there are indeed a lot of funds entering the stock market ." He estimates that the investment for Wenzhou investors to enter the stock market is about 10 billion to 20 billion yuan.

Zhou Devin estimates that Wenzhou's capital in the national property market is estimated to be about 100 billion yuan, and the final withdrawal of funds from the property market is less than 10%. At present, it does not seem to continue to increase property market investment. Since last year, Wenzhou people began to deposit funds into banks. The deposit balance of local banks in Wenzhou has reached 580 billion yuan, a new high for many years.

Zhou Devin believes that Wenzhou people prefer physical investment and are cautious about the virtual economy. He has not heard of large-scale disk sales by investors in Wenzhou. Of course, it is not ruled out that a few people will participate in the stock market.

The head of Wenzhou Galaxy Securities told the China Securities News reporter that the stock market was too sudden and the starting sector was very strange. The index was rising, but the market value of many people was still negative.

"More customers have recently consulted and opened accounts than usual ." The person in charge said that from the current monitoring results, there are indeed signs of funds transferring from the property market to the stock market recently, but this transfer has just begun. In the current market environment, when an investment channel is restrained, investors must look at another investment channel. Therefore, it is a normal market reaction for investors to "abandon their property shares. However, it is difficult to accurately estimate the amount of money Wenzhou has entered the stock market.

Print boss Xianzhi buy wine and earn money

The boss of a packaging and printing company in Jiangsu began to pay attention to the stock market when the country introduced the new property market policy in April this year. He believed that there would be a "one-off increase", and the property market would be under pressure and the stock market would rise.

He is familiar with all industries he cares about. He said that this year there were more packaging and printing orders and more varieties than in previous years. He is optimistic from the beginning of the yearYanghe shares,Shanxi FenjiuAnd other alcohol stocks. His judgment is very simple. He said, "I am doing liquor packaging. This year's business is very good, indicating that liquor has a good performance ." He was going to buy a villa and put all his money into the stock market in May this year. He said, "Now, the benefits are definitely better than those invested in the property market ."

His "logic" is: the property market regulation, where is the idle money available? CPI continues to rise, and its purchasing power is getting weaker, making it more unreliable to foreign currency. the appreciation of the RMB is clear and changing the art of Art. In case of fake gains, the loss of money will be lost. In addition to the stock market, it is really difficult to find a "Shelter" that is highly mobile and suitable for large capital throughput and easy to escape ".

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.