阿正的梦工坊

These courses cover the core aspects of finance

By employing the "lending long" and "borrowing short" strategy, financial institutions capitalize on the interest rate spread between short-term borrowing costs and long-term lending returns to generate profit.

Financial institutions face risks when interest rates rise, primarily due to the inverse relationship between bond prices and interest rates.

Offshore RMB (Offshore Renminbi, abbreviated as CNH) and Onshore RMB (Onshore Renminbi, abbreviated as CNY) are two forms of China's legal currency, the Renminbi (RMB), traded and circulated in different markets.

In financial and economic policy contexts, "hawkish" and "dovish" refer to two different stances on monetary policy and economic management.

The primary market and secondary market are two main components of the financial market, corresponding to different stages of securities issuance and trading.

"Breaking below issue price" (commonly referred to as "breaking the issue price" or "breaking") refers to the phenomenon where the market trading price of newly issued stocks falls below their issue price after listing.

Reverse merger, also known as a reverse takeover or reverse IPO, is a method for private companies to become publicly traded without undergoing the lengthy and complex process of an initial public offering (IPO).

Stocks, bonds, dividends, shares, market caps; what are these?

Some details of behavioral finance

CAPM (Capital Asset Pricing Model).

Stock repurchases and dividend distributions are two primary ways for companies to return profits to shareholders

After a stock buyback, an investor's share of ownership in the company generally increases.

Both common and preferred stocks represent ownership in a company,

Leverage refers to the use of borrowed capital to increase the potential return of an investment.

A type of bond specifically designed to protect investors from inflation

Inflation can significantly affect the purchasing power of money over time

Investors can utilize forward rates to predict and hedge against future interest rate risks

A decrease in interest rates (rate cuts) typically leads to a rise in stock markets.

Price-Earnings Ratio (P/E Ratio) is a financial metric

Seeking lower-risk, predictable returns

Calculated based on both the initial principal and the accumulated interest from previous periods.

The primary mechanism of negative interest rates is to stimulate economic growth

Selling a Call Option and Buying a Put Option

Delivery Mechanisms for Call Option Selling

Arbitrage in the Options Market

Using Options for Risk Hedging

Hedge funds are specialized investment vehicles

Mutual funds, Pension funds, Hedge funds, ETFs, and Private Equity Funds

Bull Market and Bear Market

Finance and economics are closely related disciplines

Inflation and Deflation

加息：Increase Interest Rates；降息：Decrease Interest Rates

Federal Funds Rate

Trade Surplus and Trade Deficit

Foreign Exchange Reserves

Commercial Bank and Investment Bank

Morgan Stanley and JPMorgan Chase

A financial district located in Lower Manhattan

Exchange rate