US game virtual currency trading website
Publish: 2021-05-25 07:39:38
1. Children's shoes, let me tell you a way. Google wow gold or buy wow gold will show many US game currency trading networks. I've just tested it, but I don't know much English. You can go and see for yourself
if you are satisfied with this answer, please accept it! thank you
if you are satisfied with this answer, please accept it! thank you
2. China game service www.129.com.tw
8855 online game company www.8855.com.tw
game currency transaction www.game33.net
e-coin game currency transaction www.eb777.com
gmgm game currency management center market.gmgm.com.tw
8855 online game company www.8855.com.tw
game currency transaction www.game33.net
e-coin game currency transaction www.eb777.com
gmgm game currency management center market.gmgm.com.tw
3. Thank you. In study, top first
4. I know there is a Longyou card website that supports all kinds of currency transactions< It seems that they mainly deal with foreigners or Chinese people in foreign countries. The above description supports Western Union payment. I don't know if it's the answer you want
for the sake of points, all kinds of requests for adoption, thank you
for the sake of points, all kinds of requests for adoption, thank you
5. Foreign space does not need to be filed.
6. Google English Search world gold
7. This number is just a number! It doesn't mean anything
the answer is over, hope to adopt, thank you!
the answer is over, hope to adopt, thank you!
8. Unknown_Error
9. I majored in e-commerce. I just finished answering the debate last week. My tutor gave me a good result in this paper< Abstract: with the development of network technology, e-money as a network-based payment and settlement tool is developing at an unprecedented speed. Starting from the concept of e-money, this paper not only analyzes its development, but also focuses on its application in e-commerce according to the business process of e-commerce. Finally, the problems and solutions in the application process are put forward
key words: e-money, network finance, e-commerce
with the development of computer technology, there are more and more e-payment tools related to e-commerce. These payment instruments can be roughly divided into three categories: one is e-money, such as e-cash, e-wallet, etc; The other is electronic credit card, including smart card, debit card, telephone card, etc; There is another kind of electronic check, such as electronic check, electronic remittance (EFT), electronic transfer, etc. This paper will analyze and study the applicability of e-money in e-commerce, one of the tools of e-payment< First, the basic concepts and main forms of e-money
as the latest form of money, e-money has been used more and more widely since it came into being in the 1970s. Electronic currency is a kind of credit currency developed from online electronic credit, which uses commercial electronic machines and all kinds of transaction cards as media, computer technology and modern communication technology as means, and electronic pulse for capital transmission and storage. Compared with other forms of money such as paper money, e-money has the advantages of low preservation cost, low circulation cost, low standardization cost and low use cost. Especially suitable for small amount of online purchase. E-money technology has solved the technical problems in the storage, circulation and use of intangible money, and has great development potential. Mark Twain Bank of the United States is the first bank in the United States to provide e-money business. As early as April 1996, it obtained 10000 e-money customers
2 the main forms of e-money
there are two main forms of e-money: payment card in the form of smart card and currency file in the form of digital. The former is mainly used for offline payment, while the latter is used for online payment
e-cash is mainly used to replace banknotes and coins for daily small consumption. Mondex card not only has the characteristics of cash, but also has a better characteristic than cash, that is, it can safely use electronic channels (such as telephone, Internet, etc.) to realize the long-distance conversion of people to people, people to businesses, people to banks. China's e-commerce is in its infancy, online financial services are less developed, and the construction of e-money system is slow. Mondex is the closest electronic currency to cash at present
e-cash is a digital currency developed by digicash for online transactions. It is a currency circulating in the form of data. The cash value is converted into a series of encrypted serial numbers, which are used to represent the currency value of various amounts in reality. After the user opens an account in the bank which carries out e-cash business and stores money in the account, he can shop in the store which accepts e-cash< Second, the development of e-money
the emergence of e-money is the result of the development of economy and technology to a certain extent. The use of e-money, on the one hand, can replace the issue of cash to the greatest extent, making the issue of money costs lower; Second, the issuers will change from the central bank to other issuers
at present, there are mainly two kinds of e-money: bank card and online e-money. Now, bank card has been widely used in people's life. For customers, the use of bank card shopping payment, cash withdrawal, deposit, transfer, convenient, safe and efficient, and can obtain the convenience of consultation and financing. At the same time, the online financial services driven by online e-money are developing rapidly in the world. According to statistics, online financial business accounted for 10% ~ 20% of the traditional financial business in 2004. Among them, online financial business in the United States developed the fastest, and European countries are also developing vigorously; In Asia, Singapore and other advanced regions are developing e-money. Singapore's Monetary Commission officials said that the country will strive to switch to electronic currency in 2008. The currency will include an "electronic digital pulse". The transmitter is installed on mobile phones, PDAs and even watches, and then transmits pulse signals for payment activities. At that time, all commercial and service institutions will accept electronic currency according to law. The European Central Bank also pointed out that the application scope of e-money will be more and more extensive, and the promotion of e-money will become one of the components of the future monetary policy of the European Central Bank
2. The development of e-money in China
generally speaking, the development of e-money in China is relatively late compared with that in developed countries, and it is still in its infancy. Online financial services are less developed, and the construction of e-money system is slow. Due to the national conditions and the concept of credit, there was no market foundation in the early development of China's commodity economy. Until the middle and late 1990s, with the deepening of the reform of the financial system, banks were pushed to the market, and the sense of survival and competition of commodity economy forced China's banking sector to think about the development strategy of e-money
in China, the focus of development is still on the credit card business. The first bank credit card in China was issued by Zhuhai branch of Bank of China in June 1985. Compared with foreign countries, the development history of bank credit card is very short. In recent years, China's bank card business has developed rapidly. By the end of June 2001, 55 financial institutions had opened bank card business, with a total number of 330 million cards issued; The balance of deposits in bank card accounts was 374.2 billion yuan, with the total transaction volume of 4853.2 billion yuan in the first half of 2003 alone, an increase of 224% over the same period of last year; There are 129000 bank outlets and about 100000 merchants accepting bank cards nationwide; A total of 49000 ATMs and 334000 sales terminals were installed in financial institutions
3. The development trend of e-money< At present, the development of e-money is very fast. According to experts' prediction, 12% ~ 15% of transactions in the United States will be concted by electronic means in the past ten years, and the development trend will continue to accelerate. In 2000, about 10% of people used e-money for business transactions. In our country, there are also instry analysis, e-commerce will flourish. It can be seen that e-money will develop in the direction of more convenient, safer and more standardized, and payment methods will tend to be simplified and unified, so e-money will have a broader development prospect< Third, the application of e-money in e-commerce
in the face of the coming digital era, with the rapid development of electronic finance and Internet, network, as a new trade field, is graally becoming a major development trend of business. E-money system is the basis of e-commerce activities. Only by correctly understanding the advantages of e-money and establishing and perfecting e-money system can we really carry out e-commerce activities
1 simple description of e-commerce process
e-commerce is a kind of business mode adopting the most advanced information technology. The whole process of e-commerce is not a of the business activities in the stage of instrial economy. E-commerce is a business service that integrates the three basic services of "communication service", "data management service" and "security service". In the process of e-commerce, consumers and businesses (that is, buyers and sellers) input their various supply and demand wishes into the e-commerce network according to a certain format, and the e-commerce network will search for relevant information and provide consumers with a variety of trading options according to the requirements of consumers. Once confirmed by consumers, e-commerce will help complete the contract signing, classification, delivery, payment and other business. At the same time, in order to ensure the security of the transaction process, the certification authority authenticates the buyers and sellers in the Internet transactions and confirms their true identities. E-commerce essentially forms a virtual market exchange place
2. E-money and e-commerce
there is a close relationship between e-money and e-commerce. In e-commerce, online banking, online electronic payment, data encryption and electronic signature play an important and indispensable role. Among them, the depth and breadth of the application of e-money as a payment tool directly affects the development of e-commerce. Through the process of e-commerce, we can see that e-commerce includes not only commodity flow, information flow and logistics, but also capital flow. In the process of payment, it is inevitable to carry out money payment or capital flow through the network. Using electronic money can safely and flexibly store money in its own hard disk in the form of anonymity and use it in the process of payment. It connects consumers and businesses (buyers and sellers) with banks. Consumers can open an account in the relevant banks. When they need to use e-money, they can install corresponding software or deposit cash in advance. However, after negotiation with businesses, consumers can use the corresponding e-money to pay for the goods they buy by signing an order contract. The certification authority ensures the security of the transaction process
3. Problems and solutions in application
the application and development of e-money make it possible for cash and cash transactions on the Internet, and promote the innovation of enterprise marketing structure, marketing methods and settlement methods; The convenient, fast and easy way of shopping will also greatly stimulate consumption and expand demand, bringing unlimited business opportunities to retailers; At the same time, e to the implementation of open network operation, the market competition is greatly intensified, prompting enterprises to provide high-quality and low-cost goods and high-quality and efficient services for the market
in e-commerce, the use of e-money for payment has many advantages compared with traditional currency payment. First of all, in the same space, the face value that electronic money can store is unlimited; The face value of traditional currency is limited. Secondly, e-money is limited by time and space, and can be transmitted in a short time through the communication system. Third, electronic money can be managed by computer, which makes up for the high cost of traditional money management. Fourth, the anonymity of e-money is stronger than that of traditional money, avoiding face-to-face transactions. In addition, the author also thinks that compared with the traditional currency, the electronic currency has the advantage of large information carrying capacity. Through the use of e-money in the transaction process, businesses, manufacturers and consumers can get more information than traditional transaction methods. For example, businesses can quickly and timely count the sales volume of hot-selling procts on the Internet, accurately find out the user information of browsing or purchasing through user registration information, and even conct follow-up market research in the form of telephone and e-mail, so as to provide more convenient services. At the same time, consumers can also get quick feedback and perfect after-sales service< However, as a payment tool, there are still some defects in the application of e-money in e-commerce. There are many views on this issue. For example, security problems, imperfect network infrastructure, immature development of e-commerce, system reliability and security
key words: e-money, network finance, e-commerce
with the development of computer technology, there are more and more e-payment tools related to e-commerce. These payment instruments can be roughly divided into three categories: one is e-money, such as e-cash, e-wallet, etc; The other is electronic credit card, including smart card, debit card, telephone card, etc; There is another kind of electronic check, such as electronic check, electronic remittance (EFT), electronic transfer, etc. This paper will analyze and study the applicability of e-money in e-commerce, one of the tools of e-payment< First, the basic concepts and main forms of e-money
as the latest form of money, e-money has been used more and more widely since it came into being in the 1970s. Electronic currency is a kind of credit currency developed from online electronic credit, which uses commercial electronic machines and all kinds of transaction cards as media, computer technology and modern communication technology as means, and electronic pulse for capital transmission and storage. Compared with other forms of money such as paper money, e-money has the advantages of low preservation cost, low circulation cost, low standardization cost and low use cost. Especially suitable for small amount of online purchase. E-money technology has solved the technical problems in the storage, circulation and use of intangible money, and has great development potential. Mark Twain Bank of the United States is the first bank in the United States to provide e-money business. As early as April 1996, it obtained 10000 e-money customers
2 the main forms of e-money
there are two main forms of e-money: payment card in the form of smart card and currency file in the form of digital. The former is mainly used for offline payment, while the latter is used for online payment
e-cash is mainly used to replace banknotes and coins for daily small consumption. Mondex card not only has the characteristics of cash, but also has a better characteristic than cash, that is, it can safely use electronic channels (such as telephone, Internet, etc.) to realize the long-distance conversion of people to people, people to businesses, people to banks. China's e-commerce is in its infancy, online financial services are less developed, and the construction of e-money system is slow. Mondex is the closest electronic currency to cash at present
e-cash is a digital currency developed by digicash for online transactions. It is a currency circulating in the form of data. The cash value is converted into a series of encrypted serial numbers, which are used to represent the currency value of various amounts in reality. After the user opens an account in the bank which carries out e-cash business and stores money in the account, he can shop in the store which accepts e-cash< Second, the development of e-money
the emergence of e-money is the result of the development of economy and technology to a certain extent. The use of e-money, on the one hand, can replace the issue of cash to the greatest extent, making the issue of money costs lower; Second, the issuers will change from the central bank to other issuers
at present, there are mainly two kinds of e-money: bank card and online e-money. Now, bank card has been widely used in people's life. For customers, the use of bank card shopping payment, cash withdrawal, deposit, transfer, convenient, safe and efficient, and can obtain the convenience of consultation and financing. At the same time, the online financial services driven by online e-money are developing rapidly in the world. According to statistics, online financial business accounted for 10% ~ 20% of the traditional financial business in 2004. Among them, online financial business in the United States developed the fastest, and European countries are also developing vigorously; In Asia, Singapore and other advanced regions are developing e-money. Singapore's Monetary Commission officials said that the country will strive to switch to electronic currency in 2008. The currency will include an "electronic digital pulse". The transmitter is installed on mobile phones, PDAs and even watches, and then transmits pulse signals for payment activities. At that time, all commercial and service institutions will accept electronic currency according to law. The European Central Bank also pointed out that the application scope of e-money will be more and more extensive, and the promotion of e-money will become one of the components of the future monetary policy of the European Central Bank
2. The development of e-money in China
generally speaking, the development of e-money in China is relatively late compared with that in developed countries, and it is still in its infancy. Online financial services are less developed, and the construction of e-money system is slow. Due to the national conditions and the concept of credit, there was no market foundation in the early development of China's commodity economy. Until the middle and late 1990s, with the deepening of the reform of the financial system, banks were pushed to the market, and the sense of survival and competition of commodity economy forced China's banking sector to think about the development strategy of e-money
in China, the focus of development is still on the credit card business. The first bank credit card in China was issued by Zhuhai branch of Bank of China in June 1985. Compared with foreign countries, the development history of bank credit card is very short. In recent years, China's bank card business has developed rapidly. By the end of June 2001, 55 financial institutions had opened bank card business, with a total number of 330 million cards issued; The balance of deposits in bank card accounts was 374.2 billion yuan, with the total transaction volume of 4853.2 billion yuan in the first half of 2003 alone, an increase of 224% over the same period of last year; There are 129000 bank outlets and about 100000 merchants accepting bank cards nationwide; A total of 49000 ATMs and 334000 sales terminals were installed in financial institutions
3. The development trend of e-money< At present, the development of e-money is very fast. According to experts' prediction, 12% ~ 15% of transactions in the United States will be concted by electronic means in the past ten years, and the development trend will continue to accelerate. In 2000, about 10% of people used e-money for business transactions. In our country, there are also instry analysis, e-commerce will flourish. It can be seen that e-money will develop in the direction of more convenient, safer and more standardized, and payment methods will tend to be simplified and unified, so e-money will have a broader development prospect< Third, the application of e-money in e-commerce
in the face of the coming digital era, with the rapid development of electronic finance and Internet, network, as a new trade field, is graally becoming a major development trend of business. E-money system is the basis of e-commerce activities. Only by correctly understanding the advantages of e-money and establishing and perfecting e-money system can we really carry out e-commerce activities
1 simple description of e-commerce process
e-commerce is a kind of business mode adopting the most advanced information technology. The whole process of e-commerce is not a of the business activities in the stage of instrial economy. E-commerce is a business service that integrates the three basic services of "communication service", "data management service" and "security service". In the process of e-commerce, consumers and businesses (that is, buyers and sellers) input their various supply and demand wishes into the e-commerce network according to a certain format, and the e-commerce network will search for relevant information and provide consumers with a variety of trading options according to the requirements of consumers. Once confirmed by consumers, e-commerce will help complete the contract signing, classification, delivery, payment and other business. At the same time, in order to ensure the security of the transaction process, the certification authority authenticates the buyers and sellers in the Internet transactions and confirms their true identities. E-commerce essentially forms a virtual market exchange place
2. E-money and e-commerce
there is a close relationship between e-money and e-commerce. In e-commerce, online banking, online electronic payment, data encryption and electronic signature play an important and indispensable role. Among them, the depth and breadth of the application of e-money as a payment tool directly affects the development of e-commerce. Through the process of e-commerce, we can see that e-commerce includes not only commodity flow, information flow and logistics, but also capital flow. In the process of payment, it is inevitable to carry out money payment or capital flow through the network. Using electronic money can safely and flexibly store money in its own hard disk in the form of anonymity and use it in the process of payment. It connects consumers and businesses (buyers and sellers) with banks. Consumers can open an account in the relevant banks. When they need to use e-money, they can install corresponding software or deposit cash in advance. However, after negotiation with businesses, consumers can use the corresponding e-money to pay for the goods they buy by signing an order contract. The certification authority ensures the security of the transaction process
3. Problems and solutions in application
the application and development of e-money make it possible for cash and cash transactions on the Internet, and promote the innovation of enterprise marketing structure, marketing methods and settlement methods; The convenient, fast and easy way of shopping will also greatly stimulate consumption and expand demand, bringing unlimited business opportunities to retailers; At the same time, e to the implementation of open network operation, the market competition is greatly intensified, prompting enterprises to provide high-quality and low-cost goods and high-quality and efficient services for the market
in e-commerce, the use of e-money for payment has many advantages compared with traditional currency payment. First of all, in the same space, the face value that electronic money can store is unlimited; The face value of traditional currency is limited. Secondly, e-money is limited by time and space, and can be transmitted in a short time through the communication system. Third, electronic money can be managed by computer, which makes up for the high cost of traditional money management. Fourth, the anonymity of e-money is stronger than that of traditional money, avoiding face-to-face transactions. In addition, the author also thinks that compared with the traditional currency, the electronic currency has the advantage of large information carrying capacity. Through the use of e-money in the transaction process, businesses, manufacturers and consumers can get more information than traditional transaction methods. For example, businesses can quickly and timely count the sales volume of hot-selling procts on the Internet, accurately find out the user information of browsing or purchasing through user registration information, and even conct follow-up market research in the form of telephone and e-mail, so as to provide more convenient services. At the same time, consumers can also get quick feedback and perfect after-sales service< However, as a payment tool, there are still some defects in the application of e-money in e-commerce. There are many views on this issue. For example, security problems, imperfect network infrastructure, immature development of e-commerce, system reliability and security
10. Nasdaq stock market occupies an important position in the New York stock market of the United States. It is the fastest growing technology-based stock market in the world. It is also the first electronic stock market in the world and the second largest stock exchange in the world after the New York Stock Exchange
in the past 40 years, the Nasdaq stock market has experienced a period of prosperity and dramatic fluctuations. With the graal maturity of the market and the continuous expansion of the external strategic scale, the Nasdaq stock market has become increasingly international. On April 4, the Nasdaq stock market launched the NASDAQ China Index SM in China. The launch of the index, on the one hand, enables international investors to further understand Chinese companies listed in the United States, and attracts more investors who pay attention to China's economy, indicating the development of China's economy and the importance of China's market position in the world; On the other hand, since the establishment of the Nasdaq stock market, the second board markets have been successively launched in Europe, Japan, South Korea, Singapore, New Zealand, Australia and Hong Kong SAR. All these are part of the global strategy to promote the internationalization of the Nasdaq stock market, indicating that the internationalization trend of the Nasdaq stock market is more obvious< In 1968, the National Association of securities dealers of the United States started to create the automatic quotation system, whose abbreviation is Nasdaq, which has become the synonym of the Nasdaq stock market. At present, about 3200 companies are listed on the Nasdaq market, which is the largest number of all the stock exchanges in the United States. Among the companies listed on Nasdaq, 322 are non-U.S. companies (including 40 mainland Chinese companies and 19 Hong Kong companies), with a total market value of US $4 trillion (of which the total market value of non-U.S. companies is US $668.5 billion), The total market value of mainland companies is about $28 billion
on February 8, 1971, the Nasdaq stock market was successfully established. As the Nasdaq stock market gathers a large number of science and technology stocks, it is an important representative form of the science and technology stock market. It coincides with the period of rapid development of science and technology in the world, and it is also a period when people are full of hope for the development prospect of science and technology. Since the establishment of the Nasdaq market, the NASDAQ index has been climbing all the way. Ten years later, it broke through 200 points from the initial 100 points. On October 19, 1987, the Nasdaq stock index was influenced by the U.S. Dow; The impact of the Jones stock index's slump once fell deeply, but it soon recovered and continued to rise. In less than three months, it not only recovered its "lost land" but also set a new high. At the end of that year, the Nasdaq stock index reached 330 points. In the following few years, with the improvement of the world economic and financial situation, the global stock market also further prospered, and the Nasdaq stock index continued to set new records unbelievably, breaking through 4000 points in December 1999; It reached the peak of 5000 in March 2000
the period from 1999 to March 2000 is the most active period of global stock market, and also the most brilliant period of NASDAQ market. Driven by the strong economic growth of the United States, the US stock market has repeatedly reached new highs. Under the people's fanatical pursuit, the Nasdaq stock index continues to climb. With the sharp rise of global stock market, the technology stocks represented by Nasdaq, with the rapid expansion of new economy dominated by network economy, have created an amazing miracle in the global stock market, and their expected value is far beyond people's expectation
the Nasdaq market turbulence period
in the US stock market and the Nasdaq market and the global stock market continued prosperity, it also accumulated a lot of bubbles and brought turbulence. Especially since the beginning of 2000, the fluctuation of American stock market is frequent, which leads to the fluctuation of global stock market. The global stock market bubble continued to grow in 1999, and the stock market value of the US stock market climbed to more than $17 trillion. At the beginning of 2000, the global stock market suffered a sharp drop, from Wall Street in New York to London and Frankfurt in Europe, Tokyo and Hong Kong in Asia. The global stock market plummeted, and Nasdaq fluctuated. After the "9.11" incident in 2001, the global stock market was even worse. In October 2001, compared with the peak in March 2000, the Dow Jones index of the United States fell by nearly 24%, below the 9000 point mark. In 2000, the Nasdaq stock index fell by nearly 70%, to around 1600 points. Other stock markets around the world also fluctuated frequently under the influence of the Dow Jones index. In October 10, 2002, the Nasdaq stock index dropped to around 1100, and the NASDAQ bubble was released at 1335.51. In the next few years, the Nasdaq stock index rose graally, rising to 2400 points and hovering around 2500 points, but never returned to the most brilliant peak in 2000
the reasons for the turbulence of the Nasdaq market
the Nasdaq market has experienced the most active and prosperous period, and also experienced the difficulties of sharp turbulence and decline. In the Nasdaq market once flourishing, the market value rises sharply, the foam ingredient is also expanding unceasingly, the risk is also increasing. International people generally believe that after 2000, when the Nasdaq market was the most prosperous, the turbulence of the Nasdaq market and the global stock market for so many times, in addition to the disorderly flow of a large number of international speculative funds in the stock market, another main reason is the speculative activities of financial investors and the frequent operation of speculative funds in the world's stock markets in recent years< In addition to the impact of many uncertain factors such as the global stock market turmoil, the main reasons for the volatility and volatility of new economy technology stocks are as follows:
first, ring this period, the global network technology was favored and sought after by all, and the new economy upsurge swept the world, The technology stocks represented by Nasdaq keep rising under the drive of the new economy, and promote the further prosperity of the global stock market. NASDAQ is not only a representative of the new economy in this period, but also an important pillar of the US and even the global stock market. When the strong driving force of American economic growth depends on the rapid expansion of the new economy, from 1995 to 2000, the network economy alone increased the annual output value of the United States by more than 500 billion US dollars, provided more than 2.3 million employment opportunities, and developed rapidly at an annual growth rate of 60%. At present, the market value of the U.S. stock market has exceeded the U.S. gross national proct, and high-tech stocks account for more than 40% of the market value of the U.S. stock market. Therefore, in the case of high return and high risk of emerging technology instry, the stock market reflects more prominently
Second, after 2000, the economic growth of the United States has remained strong, and the new economic instries dominated by science and technology are still the driving force for the strong economic growth of the United States. The sustained strong growth of the US economy has partly relieved and digested the bubble components of the stock market, promoted the sharp rise of the Nasdaq stock index and stimulated the global stock market to rise. Can hardly be avoided? Rise directly to a high position in the US capital market, br / > Third, the sustained and steady growth of the US economy and the prosperity of the financial market and the continuous chaos of wars in many parts of the world, which everfount into the US capital market, and boost the stock market's soaring.
Fourth, in the face of potential inflation threats and stock market bubbles, the Fed's interest rate move has little effect on the stock market bubble and inflation. When the new economy is about to change the original economic law, whether the leverage of interest rate can achieve the expected effect, NASDAQ is always under more tests
fifth, the geopolitical factors of market turbulence. Although the change of stock market price has its inherent rules and characteristics, in addition to the change with the change of economic situation, political factors, especially sudden political events and regional conflicts, will also lead to the fluctuation of stock market
at present, 65% of the American economy relies on consumer spending, and nearly 40% of American families become shareholders directly or indirectly by joining various funds. Therefore, the stock market not only affects the consumption and economic growth of the United States, but also affects the fate of millions of families, and the fate of NASDAQ is related to the development prospects of the growing new economy. The prosperity and turbulence of NASDAQ also reflect the current situation of global stock market
at present, the fluctuation of global stock market affects all aspects of global economic activities, among which the influence on the whole international financial field, especially the money market, is more severe, and the influence of NASDAQ market is more interactive. From the international financial situation in recent years, the prominent problem is that the national or regional currency crisis affects the global stock market, and the money market and the stock market both have shocks, and influence and impact each other. The turmoil in the money market continues, followed by the sharp fluctuations in the global stock market, which in turn reacts on the money market. This interaction and impact is particularly devastating to the international financial market. If this trend is not effectively controlled, it may lead to a vicious circle of turmoil in the stock market and money market, and the Nasdaq market will bear more tests
in the coming period, people are most concerned about whether the global stock market can stabilize, whether there will be a new round of attacks, how much the stock market can bear, whether the international financial market can remain stable, and how the development of the global economy will be affected. At the same time, as the most internationalized market, the future trend of NASDAQ is also concerned.
in the past 40 years, the Nasdaq stock market has experienced a period of prosperity and dramatic fluctuations. With the graal maturity of the market and the continuous expansion of the external strategic scale, the Nasdaq stock market has become increasingly international. On April 4, the Nasdaq stock market launched the NASDAQ China Index SM in China. The launch of the index, on the one hand, enables international investors to further understand Chinese companies listed in the United States, and attracts more investors who pay attention to China's economy, indicating the development of China's economy and the importance of China's market position in the world; On the other hand, since the establishment of the Nasdaq stock market, the second board markets have been successively launched in Europe, Japan, South Korea, Singapore, New Zealand, Australia and Hong Kong SAR. All these are part of the global strategy to promote the internationalization of the Nasdaq stock market, indicating that the internationalization trend of the Nasdaq stock market is more obvious< In 1968, the National Association of securities dealers of the United States started to create the automatic quotation system, whose abbreviation is Nasdaq, which has become the synonym of the Nasdaq stock market. At present, about 3200 companies are listed on the Nasdaq market, which is the largest number of all the stock exchanges in the United States. Among the companies listed on Nasdaq, 322 are non-U.S. companies (including 40 mainland Chinese companies and 19 Hong Kong companies), with a total market value of US $4 trillion (of which the total market value of non-U.S. companies is US $668.5 billion), The total market value of mainland companies is about $28 billion
on February 8, 1971, the Nasdaq stock market was successfully established. As the Nasdaq stock market gathers a large number of science and technology stocks, it is an important representative form of the science and technology stock market. It coincides with the period of rapid development of science and technology in the world, and it is also a period when people are full of hope for the development prospect of science and technology. Since the establishment of the Nasdaq market, the NASDAQ index has been climbing all the way. Ten years later, it broke through 200 points from the initial 100 points. On October 19, 1987, the Nasdaq stock index was influenced by the U.S. Dow; The impact of the Jones stock index's slump once fell deeply, but it soon recovered and continued to rise. In less than three months, it not only recovered its "lost land" but also set a new high. At the end of that year, the Nasdaq stock index reached 330 points. In the following few years, with the improvement of the world economic and financial situation, the global stock market also further prospered, and the Nasdaq stock index continued to set new records unbelievably, breaking through 4000 points in December 1999; It reached the peak of 5000 in March 2000
the period from 1999 to March 2000 is the most active period of global stock market, and also the most brilliant period of NASDAQ market. Driven by the strong economic growth of the United States, the US stock market has repeatedly reached new highs. Under the people's fanatical pursuit, the Nasdaq stock index continues to climb. With the sharp rise of global stock market, the technology stocks represented by Nasdaq, with the rapid expansion of new economy dominated by network economy, have created an amazing miracle in the global stock market, and their expected value is far beyond people's expectation
the Nasdaq market turbulence period
in the US stock market and the Nasdaq market and the global stock market continued prosperity, it also accumulated a lot of bubbles and brought turbulence. Especially since the beginning of 2000, the fluctuation of American stock market is frequent, which leads to the fluctuation of global stock market. The global stock market bubble continued to grow in 1999, and the stock market value of the US stock market climbed to more than $17 trillion. At the beginning of 2000, the global stock market suffered a sharp drop, from Wall Street in New York to London and Frankfurt in Europe, Tokyo and Hong Kong in Asia. The global stock market plummeted, and Nasdaq fluctuated. After the "9.11" incident in 2001, the global stock market was even worse. In October 2001, compared with the peak in March 2000, the Dow Jones index of the United States fell by nearly 24%, below the 9000 point mark. In 2000, the Nasdaq stock index fell by nearly 70%, to around 1600 points. Other stock markets around the world also fluctuated frequently under the influence of the Dow Jones index. In October 10, 2002, the Nasdaq stock index dropped to around 1100, and the NASDAQ bubble was released at 1335.51. In the next few years, the Nasdaq stock index rose graally, rising to 2400 points and hovering around 2500 points, but never returned to the most brilliant peak in 2000
the reasons for the turbulence of the Nasdaq market
the Nasdaq market has experienced the most active and prosperous period, and also experienced the difficulties of sharp turbulence and decline. In the Nasdaq market once flourishing, the market value rises sharply, the foam ingredient is also expanding unceasingly, the risk is also increasing. International people generally believe that after 2000, when the Nasdaq market was the most prosperous, the turbulence of the Nasdaq market and the global stock market for so many times, in addition to the disorderly flow of a large number of international speculative funds in the stock market, another main reason is the speculative activities of financial investors and the frequent operation of speculative funds in the world's stock markets in recent years< In addition to the impact of many uncertain factors such as the global stock market turmoil, the main reasons for the volatility and volatility of new economy technology stocks are as follows:
first, ring this period, the global network technology was favored and sought after by all, and the new economy upsurge swept the world, The technology stocks represented by Nasdaq keep rising under the drive of the new economy, and promote the further prosperity of the global stock market. NASDAQ is not only a representative of the new economy in this period, but also an important pillar of the US and even the global stock market. When the strong driving force of American economic growth depends on the rapid expansion of the new economy, from 1995 to 2000, the network economy alone increased the annual output value of the United States by more than 500 billion US dollars, provided more than 2.3 million employment opportunities, and developed rapidly at an annual growth rate of 60%. At present, the market value of the U.S. stock market has exceeded the U.S. gross national proct, and high-tech stocks account for more than 40% of the market value of the U.S. stock market. Therefore, in the case of high return and high risk of emerging technology instry, the stock market reflects more prominently
Second, after 2000, the economic growth of the United States has remained strong, and the new economic instries dominated by science and technology are still the driving force for the strong economic growth of the United States. The sustained strong growth of the US economy has partly relieved and digested the bubble components of the stock market, promoted the sharp rise of the Nasdaq stock index and stimulated the global stock market to rise. Can hardly be avoided? Rise directly to a high position in the US capital market, br / > Third, the sustained and steady growth of the US economy and the prosperity of the financial market and the continuous chaos of wars in many parts of the world, which everfount into the US capital market, and boost the stock market's soaring.
Fourth, in the face of potential inflation threats and stock market bubbles, the Fed's interest rate move has little effect on the stock market bubble and inflation. When the new economy is about to change the original economic law, whether the leverage of interest rate can achieve the expected effect, NASDAQ is always under more tests
fifth, the geopolitical factors of market turbulence. Although the change of stock market price has its inherent rules and characteristics, in addition to the change with the change of economic situation, political factors, especially sudden political events and regional conflicts, will also lead to the fluctuation of stock market
at present, 65% of the American economy relies on consumer spending, and nearly 40% of American families become shareholders directly or indirectly by joining various funds. Therefore, the stock market not only affects the consumption and economic growth of the United States, but also affects the fate of millions of families, and the fate of NASDAQ is related to the development prospects of the growing new economy. The prosperity and turbulence of NASDAQ also reflect the current situation of global stock market
at present, the fluctuation of global stock market affects all aspects of global economic activities, among which the influence on the whole international financial field, especially the money market, is more severe, and the influence of NASDAQ market is more interactive. From the international financial situation in recent years, the prominent problem is that the national or regional currency crisis affects the global stock market, and the money market and the stock market both have shocks, and influence and impact each other. The turmoil in the money market continues, followed by the sharp fluctuations in the global stock market, which in turn reacts on the money market. This interaction and impact is particularly devastating to the international financial market. If this trend is not effectively controlled, it may lead to a vicious circle of turmoil in the stock market and money market, and the Nasdaq market will bear more tests
in the coming period, people are most concerned about whether the global stock market can stabilize, whether there will be a new round of attacks, how much the stock market can bear, whether the international financial market can remain stable, and how the development of the global economy will be affected. At the same time, as the most internationalized market, the future trend of NASDAQ is also concerned.
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