Asian financial crisis

Shenzhen stock exchange (Shenzhen Stock Exchange — SZSE)

SHENZHEN STOCK EXCHANGE - stock exchange in China, located in Shenzhen city. Is a non-profit organization managed by the PRC Securities Commission. Started work 1 December 1990 of the year, becoming the first stock exchange in the history of New China. Stocks of state-owned companies are mainly traded on the exchange.. IN 1990 year, the young Shenzhen Stock Exchange experienced a quiet period, hot period, dead period and fall. Two years later “stock history” triggered the most violent stock-buying craze in the Chinese stock market. Shenzhen Stock Exchange (Shenzhen Stock Exchange — SZSE) is a member of the Federation of Stock Exchanges of Asia and Oceania.

Victor Niederhoffer / Victor Niederhoffer

In April 2006 of the year Victor Niederhoffer (Victor Niederhoffer) appeared at an evening at New York's St. Regis, where about 300 America's leading fund managers. Walking under the gilded candelabra in a lavender blazer, he felt, that again rose to the top of success. 1980-90s. Victor Niederhoffer has built a huge fortune and a reputation as one of the most prominent hedge fund managers in the United States.. But he was ruined by an excessive love of risk.: before the Asian financial crisis, he played for the rise in Thai stocks, and during the crisis - to increase the Standard index&Poor’s 500, using uncovered options on the index. When the markets crashed, Victor Niederhoffer lost everything overnight - a $ 130 million fund and almost all of his own savings. It seemed, life dealt him a crushing blow, however, he managed to overcome the path up the second time. Speaking to financiers, honoring him in St. Regis, Niederhoffer stressed, how highly he appreciates the “difficult and courageous” decision to reward him after, how it crashed once.

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