Huaxin Securities, that is, Huaxin Securities Co., Ltd., is a national comprehensive securities operating institution approved by China Securities Regulatory Commission and registered in Shenzhen in March, 20001. The registered capital is 654.38+0.6 billion yuan. The company was newly established by the original Xi 'an Securities Co., Ltd. after capital increase and reorganization. The company's business policy is to strengthen management, guard against risks, operate steadily and provide special services. The business scope includes securities brokerage, securities investment consulting and financial consulting related to securities trading and securities investment activities; Underwriting and recommending securities; Self-operated securities; Securities asset management; Other businesses approved by China Securities Regulatory Commission. Huaxin Securities Investment Bank, headquartered in China, conducts comprehensive investment banking business, mainly including securities underwriting and sponsorship business, corporate mergers and acquisitions, major asset restructuring and other financial consulting business. Huaxin Securities has the qualification of sponsor approved by China Securities Regulatory Commission.
Extended information:
1. 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 quickly flows to any country that can provide better returns". Shanghai securities research and development co., ltd. Center D 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 use Qian Shengqian in the shortest time. It's just that short-term speculative funds flow rapidly in the market in pursuit of high returns. This is purely speculation and profit, not creating jobs, goods or services. 20111June 0 10 The newly-increased foreign exchange holdings declined for the first time in the past four years, and overseas hot money left China. Have a different impact on China's economy.
2. The generation and expansion of hot money are caused by many factors. First of all, in the 1970s and 1980s, some countries began to relax financial control and lift restrictions on capital inflow and outflow, which made the formation of hot money possible. Secondly, the new technological revolution has accelerated the spread of financial information around the world, greatly reduced the cost of international allocation of funds and increased the speed of capital flow. Third, financial innovation, such as forward foreign exchange, currency swap and interest rate swap, forward interest rate agreement, floating interest rate bills, etc. Provide new investment varieties and channels for hot money. These factors have accelerated the globalization of financial markets, greatly increased the global international capital flow, and the scale and influence of hot money have also increased. 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, in addition to medium and long-term investment, funds also retain some liquidity to seek short-term investment opportunities and achieve 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 lot of hot money will enter the local market. These funds can sometimes reach 654.38 billion yuan, which will have a great impact on the exchange rate and interest rate in the local market.