Chapter 1002: Questioning (2)
Li Xiaoteng's words were a little depressing. But he sat in that position and showed the bigwigs in the capital market to the audience, and what he said was naturally soft for these investors.
"And I think there should be further relaxation of the proportion of investment in the stock market for insurance funds and pensions. At the same time, a few days ago, I had already suggested to the upper echelons the proposal for cash dividends in the capital market and the increase in the proportion of cash dividends. ”
After saying this, the tense expressions of everyone in the audience began to ease.
Just when everyone thought that there would be a good result, Li Xiaoteng continued with a wry smile: "The proposal has been submitted, but it has not yet received a clear reply from the regulator. ”
Although some people are sighing, there are still people who are happy in their hearts. After all, it is much better for someone to mention it than for no one to speak, and among the people in the audience, there are naturally people who understand the meaning of these words.
Li Xiaoteng's proposal passed the review, which is a lot of good news for capital.
When the Nasdaq and Dow Jones plummeted, their leaders wrote through social media that they expressed dissatisfaction with the rapid rate hikes and monetary policy, and even directly named their capital market managers. He expressed disappointment with the managers. After Li Xiaoteng said this, he grinned dryly and said, "To have such words at least shows the attitude, doesn't it?"
Li Xiaoteng didn't continue to say the following words, everyone knows in their hearts that if they talk too much, they will definitely commit taboos, and if they don't get it right, they may become a pot to drink!
In China's capital market, no one has heard a similar attitude.
Li Yan tilted his head and whispered to Wu Zhilin beside him: "It seems that Li Xiaoteng is not doing any serious things. ”
"Since he wants to surpass the Demon Hunting Alliance and the Management Committee, he naturally has to do something for everyone. It's just that the gun shoots the first bird!" Wu Zhilin sneered and glanced at Li Xiaoteng on the stage.
As soon as Li Yan grinned, he listened to Li Xiaoteng continue to say in front of him: "Now the capital market is so sluggish, but as far as I know, a giant like Renbao has been approved. If this is listed, it will inevitably siphon away tens of billions of funds. ”
After Li Xiaoteng finished speaking, he sighed softly and continued: "Everyone knows that the issuance of new shares will cause panic in the market, and after our capital market has suffered heavy losses one after another, the issuance and review work has not slowed down. But at this time, I saw a company that made pickled pepper and phoenix feet, and it actually swam like this. Personally, I think it's a matter of attitude, and if this situation continues, I don't think it's a good situation for either investors or financing companies. ”
"What should I do now?" I don't know who shouted loudly from the audience.
When Li Xiaoteng heard this, he smiled and said to everyone: "What should we do? Yes, what should we do? The situation of the Growth Enterprise Market (GEM) has just been introduced, and the 70 percent drop has not affected the rhythm of the listing of new shares. So I personally think...... The most important thing to rectify the market and recuperate is to stop issuing IPOs!"
As soon as Li Yan's words came out, he instantly ushered in warm applause from everyone in the audience.
At this moment, the people sitting on the rostrum basically frowned......
In fact, everyone understands that the market is really bottoming. Or to really usher in the bottom, it is definitely done after the suspension of IPOs, what is the situation now?
Not to mention that the speed of IPO issuance has not slowed down, there have been cases where staff members have died of overwork directly from their posts because of hard work!
Just when everyone was talking, suddenly the elder coughed and said, "We will definitely listen to the original documents that everyone has put forward this year." And I personally make a statement first, Xiao Teng's opinion just now, we will definitely give you the policy after researching!"
A few words directly made the chaotic venue instantly quiet.
"I'll tell you a piece of news first! Spring is not far away!" After the elder finished speaking, the corners of his mouth hooked a perfect arc, and after a few glances at everyone, he said: "Today I will tell you a good news: a special working group has been set up in the south, and a huge amount of funds have been arranged to prepare for the coordination of stock pledges!"
Everyone in the audience was instantly shocked by this news!
With the sharp fall in the market, the equity pledge has finally been liquidated, and many people thought that the important resistance threshold of the market would not fall through, after all, there would be systemic risks after it broke. But what everyone thinks is really not what they think in their hearts.
At a certain forum, an outstanding education entrepreneur said in public on stage that the CEO of a listed company asked him to borrow money because of the pledge!
At present, there have been dozens of listed companies that have liquidated, and these companies have eventually been taken over by state-owned assets.
Li Yan and Wu Zhilin, Dao Jianxin, Yang Muye and others have talked about this situation before. Because they are institutional investors, not the heads of listed companies, this kind of thing is only discussed from the perspective of a bystander.
The CEOs of listed companies don't think so.
The stock market is falling and falling endlessly, what should the listed companies do? Those who can run are frantically trying to escape. One by one, they seemed to be afraid that they would run slowly, and they would be directly blocked in by the pledge disk. According to market statistics, more than 3,500 listed companies in the two cities have pledged to varying degrees. There are 16 listed companies with a pledge ratio of more than 70%. As of the latest data, the number of pledged shares that can be counted is more than 630 billion shares. The number of shares pledged has accounted for 10% of the total share capital in the market.
If these shares are calculated according to the recent closing price, the market value is around five trillion. The pledge of major shareholders accounts for 7% of all pledges.
Now the way to resolve the equity pledge is proposed here, which is definitely good news for the market!
When Li Yan was quickly digesting the news, he heard someone behind him muttering: "It should have been planned from the beginning." If something goes wrong, there are funds to take over these equity pledges right away. ”
Slightly stunned, when Li Yan wanted to turn around, he heard someone continue: "It is said to prevent the market flash crash after the liquidation of the equity pledge, but it is ......"
Hearing this, Li Yan was just about to turn around, and the elder on the stage said: "Let me tell you that tens of billions of funds have been taken out in the south, and the news I got is that 15 billion has been put in place!"
The person behind Li Yan muttered: "I believe that this money should be prepared early, and it should be prepared in advance to resolve the risk." ”
The words that resolve the risk were bitten very hard by the person behind them, and these words in a sentence sounded particularly harsh!
The elder on the stage said at this time: "At present, the first batch of 20 "rescued" enterprises in Shenzhen have also been finalized. The rescue conditions are also very intimate. First of all, it must be a local listed company in Shenzhen. The second is that the company itself must be well-developed. Finally, the actual controller of the listed company cannot have personal problems such as breach of contract. ”
Li Yan sighed, he had already understood it. I am also thinking in my heart: the supported enterprises are local listed companies in Shenzhen, which means that they are listed companies within the jurisdiction. And the company is in good shape, so the problem comes...... How can you owe a tail of debt when the development is good?
Previously, Yanshi SASAC became the actual controlling shareholder of Likang. Dali state-owned assets took over the opinion shares. Litai's shareholders were also replaced by the State-owned Assets Supervision and Administration Commission. On behalf of Taishan Expressway, Lu State-owned Assets took over Oriental Contemporary. These things happen all the time because there is no intention to operate these breeds at all. So Li Yan didn't pay much attention to these things before, and at this moment Li Yan really wanted to double-click six-six-six for the trading bureau!
At this time, Li Yan heard Gao Hetian muttering in his ear: "It seems that this great salvation is still being staged!"
Someone next to him muttered something softly, and Gao Hetian continued: "Actually, these major shareholders actually came over to collect money, and they were killed by their own greed." ”
Shangguan Xuanyue suddenly turned around at this time and lowered her voice at Gao Hetian and muttered: "Is this really the case? Some companies are indeed engaged in development for the sake of enterprise development. I noticed a problem, most of the people who really pledged equity to get money are really doing things. What the Shenzhen market saved this time is really well-developed and has the ability to make money continuously. It's just that for a while and a half, because of deleveraging, it really can't be revealed. Now hand over the equity, and in the future there will be money to buy it back from the state. ”
Gao Hetian grinned, his eyes were clear like a lion, and he said lightly: "Sister Shangguan, I chose to pledge my equity before because I couldn't get money from the market. The interest rate of equity pledge is low, so it is more suitable than issuing bonds, right?"
Shangguan Xuanyue nodded, and Gao Hetian continued to smile and said: "The secretary of the board of directors of the listed company, one of my eldest sisters also talked to me about this. When a group of people got together for dinner, they asked me what I thought about it. ”
"What do you think?" Shangguan Xuanyue asked Gao Hetian while listening to the policy introduction of the elders on the stage.
"I told the truth, and my sister gave me a big wink. I still remember the big rolls of her eyes. I guess people think I'm talking nonsense, and they may think I don't understand...... After all, it is easy to pledge, and the funds are in place quickly. Low interest. Their company is short of money again. But doesn't she want to think about the risk of the capital market? I raised the issue of liquidation at that time, but when I was preaching short-selling. It's really hehe!" As Gao Hetian spoke, Shangguan Xuanyue asked curiously, "Then what's going on now?"
"What can you do? You yourself think about the current market, and you are thinking about those pledged listed companies. I've said it before anyway. Now I don't bother to mention it, as if I was reading other people's jokes, after all, her father and my father have a good relationship. Gao Hetian muttered softly.
Shangguan Xuanyue understands that the market has fallen by more than 30 percent. Small and medium-sized enterprises have fallen much more than the broader market, and roughly speaking, small and medium-sized enterprises have fallen by 70%. Many major shareholders of small and medium-sized enterprises have fallen all the way and made up all the way. At the last look, the basic net worth has been pledged. There is no longer a time when there are stocks to give, no more money to make up. Liquidation followed.
Many of them are good companies and they are doing well. The growth is also very fast. It's just that the capital has fallen into the pit.
The old man on the stage continued at this time: "At the same time, I want to say one more thing: At this position, the small and medium-sized innovation has fallen by seven or eight ten, and the position is relatively cheap. State-owned assets came to take a hand, but in fact, the risk is relatively low. At this time, I would also like to ask you active institutional investors in the market: Is it basically the rhythm of buying the bottom now? Do you think that the small and medium-sized enterprises in this position are willing to be bought from the bottom. ”
........................
Li Xiaoteng's words were a little depressing. But he sat in that position and showed the bigwigs in the capital market to the audience, and what he said was naturally soft for these investors.
"And I think there should be further relaxation of the proportion of investment in the stock market for insurance funds and pensions. At the same time, a few days ago, I had already suggested to the upper echelons the proposal for cash dividends in the capital market and the increase in the proportion of cash dividends. ”
After saying this, the tense expressions of everyone in the audience began to ease.
Just when everyone thought that there would be a good result, Li Xiaoteng continued with a wry smile: "The proposal has been submitted, but it has not yet received a clear reply from the regulator. ”
Although some people are sighing, there are still people who are happy in their hearts. After all, it is much better for someone to mention it than for no one to speak, and among the people in the audience, there are naturally people who understand the meaning of these words.
Li Xiaoteng's proposal passed the review, which is a lot of good news for capital.
When the Nasdaq and Dow Jones plummeted, their leaders wrote through social media that they expressed dissatisfaction with the rapid rate hikes and monetary policy, and even directly named their capital market managers. He expressed disappointment with the managers. After Li Xiaoteng said this, he grinned dryly and said, "To have such words at least shows the attitude, doesn't it?"
Li Xiaoteng didn't continue to say the following words, everyone knows in their hearts that if they talk too much, they will definitely commit taboos, and if they don't get it right, they may become a pot to drink!
In China's capital market, no one has heard a similar attitude.
Li Yan tilted his head and whispered to Wu Zhilin beside him: "It seems that Li Xiaoteng is not doing any serious things. ”
"Since he wants to surpass the Demon Hunting Alliance and the Management Committee, he naturally has to do something for everyone. It's just that the gun shoots the first bird!" Wu Zhilin sneered and glanced at Li Xiaoteng on the stage.
As soon as Li Yan grinned, he listened to Li Xiaoteng continue to say in front of him: "Now the capital market is so sluggish, but as far as I know, a giant like Renbao has been approved. If this is listed, it will inevitably siphon away tens of billions of funds. ”
After Li Xiaoteng finished speaking, he sighed softly and continued: "Everyone knows that the issuance of new shares will cause panic in the market, and after our capital market has suffered heavy losses one after another, the issuance and review work has not slowed down. But at this time, I saw a company that made pickled pepper and phoenix feet, and it actually swam like this. Personally, I think it's a matter of attitude, and if this situation continues, I don't think it's a good situation for either investors or financing companies. ”
"What should I do now?" I don't know who shouted loudly from the audience.