Chapter 404: The Myth of the Stock Market

Shi Ruolan couldn't hold back a "flutter" laugh for a while, and Liao Yu also grinned.

An Lao is depressed, since he met with Yu Lao last year, when he talked about the student Qin Fan, Yu Lao didn't know that he had opened an advertising company in Shanghai, and An Lao didn't know how much he was worth, when Yu Lao guessed that he had hundreds of millions, An Lao couldn't help but ask: Then what kind of graduate student did he take?

However, every time he saw Qin Fan, An Lao felt sorry that such a good seedling was fascinated by money.

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Liang Heng was not transferred to the third-tier securities company in Luzhou as the boss as in his previous life, but remained in the head office according to his requirements.

"I don't know if this choice is right?" Liang Heng thought about it and asked Qin Fan repeatedly.

Qin Fan smiled and said, "What's right or wrong, each has its own way of living." ”

"What are you going to do in that little place, how good it is to stay here, and the brothers can get together often. Li Xianzheng interjected, since that experience, those colleagues have also sincerely apologized to him, but Lao Li's heart has always been on fire, and now he can talk to people about his heart, and it is Qin Fan and Liang Heng.

Qin Fan couldn't help laughing, nodded at Li Xianzheng and said, "I'm from a small place." ”

"You, you're human, you're like an alien, what do you think, Lao Liang?" Li Xianzheng joked.

Qin Fan pursed his lips, if he didn't show up, it is estimated that he would also be preparing to go to a small place to make money.

At this time, Dong Min walked in and said happily: "Fanzi, the 'Qiong Minyuan' we bought has doubled." ”

Liang Heng was stunned for a moment: "Isn't Qiong Minyuan a garbage stock?" Seeing that Li Xianzheng was not very clear, he explained in detail.

Qin Fan said with a smile: "When I came back from Hong Kong two months ago, I went around Shencheng and bought a few shares on a whim to play. ”

Li Xianzheng asked urgently: "Then can you still buy it now?"

"If you have money, buy it. Qin Fan hesitated and replied.

"Minmin, how much has Qiong Minyuan risen now?" Li Xianzheng turned his head and asked Dong Min.

"We bought more than one piece, and now it's four dollars two. Dong Min replied with a smile.

"I'm a good girl, it's more than tripled! How much have you bought?" asked Li Xianzheng again.

Dong Min looked at Qin Fan and replied, "We didn't buy much, Fanzi and I each bought more than 800,000 shares, and Brother Su also bought 100,000 shares." ”

"Didn't this kid say that he wouldn't buy it if he was killed?" asked Li Xianzheng in surprise.

Liang Heng said with a smile: "It is estimated that he also bought and played with Fanzi, after all, the money is not very much, and the 100,000 shares are only 100,000 yuan, like he didn't take it casually." ”

Qin Fan just smiled, but Su Jian was muttering at that time while following him to pay for it. Out of a stereotype of the stock market, if he hadn't believed him, Su Jian would not have touched the "cannibalistic" stocks.

However, this time he will be surprised by the trend, Qin Fan knows that "Qiong Minyuan" is a "problem stock", and Ma Yuhe, who is also the chairman of Hainan Minyuan Modern Agricultural Development Company (that is, Qiong Minyuan), wants to make money by manipulating the stock market. I'm just following behind for a piece of the pie.

It's just that Ma Yuhe's manipulation methods are too bad, and his greed is too great, and as a result, he has created a "stock market myth" that attracts attention!

......

Stockholders need to make a lot of money, and the market needs a big dark horse.

Before April 1996, when the Shenzhen Index was at a low point, its stock price was only about 2 yuan. After the market turned around and entered a bull market, "Qiong Minyuan" "returned in value" along with the broader market, and by June, the stock price had doubled. Due to the bear market for several years, there are many such "undervalued" stocks in the market, and it is not uncommon for them to rise by one or two times.

However, after a month of consolidation, starting from July 1, "Qiong Minyuan" started at 4.45 yuan, and in the past four months of unilateral rise, its share price has pointed to 20 yuan, which has increased several times.

At this time, "Qiong Minyuan" seemed to have jumped from a garbage stock that no one patronized to a highly sought-after high-performance stock, and even replaced the leading position of Shenzhen Development, becoming the pioneer of the strengthening of the Shenzhen market and the "penny stock revolution".

At this point, a remarkable "stock market myth" has been created.

In this "myth", if you can keep a clear mind and not be greedy, you can still get a piece of the pie, otherwise you will become a "leek" that others will slaughter at will.

"Qiong Minyuan" committed fraud from beginning to end: Of the 571 million yuan of profits claimed in the 1996 annual report of "Qiong Minyuan", 566 million yuan was fictitious, and 657 million yuan of capital reserve had been inflated.

On January 22, 97 and February 1, 97, "Qiong Minyuan" published an annual report and supplementary announcement in the "Securities Times" that the company achieved a profit of more than 570 million yuan in 1996, and the capital reserve increased by 657 million yuan this year. The annual report shows that the earnings per share are 0.867 yuan, the net profit is 1290.68 times higher than last year, and the distribution plan is 9.8 shares for every 10 shares.

After the annual report was published, the market reacted strongly, and Qiong Minyuan changed from a junk stock to a "high-performance stock" sought after by investors, plus the theme of 10 free 3, replacing Shenzhen Development as the "leader" of the Shenzhen market.

"Qiong Minyuan's stock price fluctuated abnormally: from 2.08 yuan on April 1, 1996 to 26.18 yuan in January 1997, an increase of 13 times in less than a year!

In March, all the directors of Qiong Minyuan Company collectively resigned at the shareholders' meeting to discuss the distribution of Qiong Minyuan's profits, resulting in Qiong Minyuan not applying for resumption of trading. An unprecedented "collective run"!

......

The "Qiong Minyuan" incident has made more than 100,000 "Qiong Minyuan" shareholders become helpless spectators of the stock market, and almost all of them have experienced the spiritual tempering process of expectation, prayer, disappointment, and hopelessness.

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"What are they talking about?" asked Jiang Li, who came over from work, to Dong Min.

"It seems to be talking about whether Brother Liang can't be the boss in Luzhou. Dong Min replied with a smile.

"Also, hey, Minmin, you let the mortals of your family persuade him, what's wrong with that little place!" Jiang Li said in the same tone as Li Xianzheng.

"Didn't Brother Liang stay in the head office, why didn't he ......" Dong Min asked in surprise, he was listening to it just now, and thought that Liang Heng had told Jiang Li.

"Really, how come I don't know? This Liang Heng simply treats me as an outsider. Jiang Li suddenly said angrily.

Dong Min felt that he was talking too much, and hurriedly comforted: "Maybe he just decided, maybe he will tell you later." ”

"Look at my impatience, let you see the joke. Jiang Li came to her senses and laughed at herself.

"Sister Li, Brother Liang really has nothing to say to you, I... I envy you. Dong Min blurted out.

"Envy me? Are you kidding? Are you talking back? Look at the mortal son of your family, young, golden, good-looking, like a movie star, he is very good to you, and you still envy me?" Jiang Li asked with wide eyes.

"I ......" Dong Min couldn't say anything, although he lived a worry-free life now, but every time Fanzi was not around, he couldn't bear the days when there was only one person to take care of the child, this time the child's illness, if Fanzi was by his side, he would have to rely on him, so he didn't have to be anxious.

called him and told him that when he arrived, he collapsed in his arms as if he had pumped his strength, and since then he has been envious of a family like Jiang Li, although it is noisy, the family is always together.

"Oh, do you think it's good for two people to be together every day? It's not what you think, and when you quarrel, you want to kill him. Jiang Li seemed to see something, and she didn't know how to persuade Dong Min, but it turned out to be very scary.

Dong Min was taken aback: "Is it so serious? I don't think you and Brother Liang are like one person?"

"That's outside, you always have to give him face, you also know that men are messing outside, just to save face, I'm talking about being at home, not only I have that thought, it's his ......" Speaking of this, Jiang Li couldn't help but purse her lips and laugh when she thought of the scene at that time: "He... He's angry and trying to strangle me to death!"

Dong Min was stunned for a while, and laughed with Jiang Li.

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“...... This year, the situation in Shanghai is not very good, the textile industry has gone bankrupt and ended 20, dozens of old enterprises have been cut, laid-off workers do not know how many, the government is still 'retreating from the second industry to the third' (out of the secondary industry, into the tertiary industry) of the city's strategic transformation, so many industrial enterprises have been dismantled, some have been moved out of the central urban area...... "Liang Heng said worriedly.

When men are together, they either talk about women or state affairs. Except, of course, for gamblers.

"There is no way to save it, and the country has done its best......" Qin Fan sighed.

"What are you talking about, don't you know what it means not to talk about state affairs?" Li Xianzheng looked at the two of them worrying about the country and the people, pouted and sneered.

In fact, not only Shanghai, but also 96 years ago, only 121 state-owned enterprises in the country went bankrupt. By 1996, there were a total of 6,232 bankruptcies, more than in the previous nine years combined.

Most of these state-owned enterprises are the "giant babies" raised by the state, when the full implementation of the 14 autonomy is announced, in the eyes of the decision-making level, the autonomy that should be given has been fully decentralized, and the next step should be the eight immortals of the enterprise to cross the sea, to the market to show their powers.

But the reality is very frustrating, and the vast majority of state-owned enterprises are on the verge of collapse in the competition.

"Consecutive years of losses, low efficiency, difficult to sell products, tight funds. "It's a common problem for these companies.

In order to save these SOEs once again, the government has adopted the advice of economists: "Financing through the stock market is a strategic choice to invigorate and strengthen SOEs."

So the stock market has become the best way to save state-owned enterprises.