Regarding the largest bull market in China's securities market on May 19, 99, how it brewed and how it promoted the outbreak behind it, all parties have different opinions, but the truth has always been confusing.

Cheng Ran was also puzzled for a while, there are mainly several key points, and it is impossible to come up with an answer if there is no comparative evidence.

And now, Cheng Ran can more or less see the clues.

Because it doesn't happen twice by chance.

The great influence of the policy is first of all necessary, and Zhou Zhengqing, chairman of the China Securities Regulatory Commission at this time, said that the capital market must play its "function", and should not rise and fall, but should "slow down" growth.

And with the country's economic construction, to maintain sustained, healthy and thriving development.

Now the A-share market has been in a downturn for nearly a year or two, compared with the 98-year high, the Shanghai Composite Index fell 25.4%, the Shenzhen Composite Index fell 24.9%, and countless stock funds fell below the issue price.

The gloomy and misty market makes it impossible for the state to raise funds for economic construction, state-owned enterprises cannot extricate themselves from difficulties, people buy stocks and cannot achieve the function of investment, and if they buy them, they will be trapped, and if they buy them, they will lose money, who dares to enter this market?

The China Securities Regulatory Commission led by Zhou Zhengqing formulated six policies after careful study, but these six policies are far from being able to provoke the backbone by the CSRC alone, so the China Securities Regulatory Commission hurriedly reported to the State Council, and the State Council, together with the Ministry of Finance, the Central Bank, the National Development and Reform Commission and other departments, finally approved the policy after some consultation and demonstration.

However, in fact, this policy itself is only implemented internally, and it is not intended to be announced to the public. But the strange thing is that the media didn't know how to know the whole thing, and then announced it in advance on May 16.

If a policy meets demand and meets general expectations, it is timely rain in arid land.

At least from the perspective of the follow-up impact, the policies issued by the China Securities Regulatory Commission are indeed detailed in the investigation and analysis, and the measures introduced are also accurate and powerful.

It's just that the market is not effective just by raising its arms and shouting, and no matter how loud the policy is, it will be in vain if there is no ammunition.

Ammunition is money.

The large-scale capital increase and share expansion of securities companies and the rapid development of closed-end funds have given such ammunition support, and in addition, the listed companies in this period are not large, and the circulating shares are even smaller, so the market makers can easily absorb chips, and even absorb 90 percent of the circulating chips, so they can easily manipulate the stock price to rise and rise.

Imagine a dozen closed-end funds with a scale of two or three billion, you sing and I appear, and keep pushing the stock price up and breaking through, how bold the dealer is, how much land can be staked, it looks vigorous and lively, but in fact, the winners are all bookmakers, ordinary investors and stockholders follow one after another, but they rarely make a lot of money.

There are also many famous characters who have broken through and are talked about, but only those who have experienced it know the dangers of the fierce fighting and the fortune of the soul.

However, it does not prevent people from contemplating the scene created by the special history of this era, and since then, every year in May, there are people who bring it up again and talk about it, hoping that there will be another wave of history and the east wind that leads to wealth.

What is Cheng Ran doing before this schedule comes?

It is probably the life of two points and one line at school and home every day, campus life is as calm as ever, and the world of ivory tower does not have so many stormy whale waves in the outside world.

and Jiang Hongshao's previous unhappiness because of Zhang Yu seems to have subsided, at least the Cold War has been lifted. In fact, it was originally the same, how could the things that the two had experienced together be diluted by some unpleasantness and quarrels in reality.

The real openness between the two stems from the fact that after the bombing of the embassy, physical education class sat side by side to break the ice and chatted at night.

After the national event broke out, in the air under the changing situation, some faint and suppressed emotions lingered in the hearts of the two.

It seems that because of this, Jiang Hongshao no longer has the heart to fight with Cheng Ran, and some are just in the mood to naturally approach the person she trusts at this time.

Maybe some of the things happen irreversibly, and maybe some emotions, whether they are angry, sad or confused, cannot be resolved through words and external comfort.

But often it is like this, when you are wandering and not knowing where to live, what you may need is not a preaching, but that still bright eyes looking at you. When you're sad and drunk, what you need may not be a rhetoric of persuasion, but someone who can accompany you to get drunk. In the face of the thousands of troops and horses of life and the huge palms of fate that are so dense and heavy that they can't breathe, what is needed may not be a heroic and majestic shout, but the back of the sentence "I come, your palace".

In the chat that night, Jiang Hongshao said, "I told Zhang Yu, I don't think he's right." ”

Cheng Ran was stunned, recalling the Qingwan when Lao Jiang said this on the phone, thinking that she had always been stubborn, and she would not be easily shaken by her own independent views, was she showing weakness to herself?

Cheng Ran said with a smile, "Actually, what I said at the time was a bit excessive, but I always felt that serious illness had to be taken strong medicine, otherwise he would not be able to get out." ”

Jiang Hongshao said, "How can it be so exaggerated, maybe they have a knot in their hearts about this matter, but it doesn't come to this point." It's not like they're not old and dead, this time when my aunt returned to China, she planned to talk to Zhang Yu. My aunt said that at that time, everyone wanted to fight for right and wrong, but in fact, it was not necessarily a pity to look at it later, if it was really with Zhang Yu at that time, maybe because of the difference in mentality and personality between the two parties, there would be a dispute in a few years, and there would be a divorce. So it's not necessarily bad right now. ”

Cheng Ran suddenly said, yes, in fact, there are so many hurdles that can't be overcome, the reason why there were hurdles that couldn't be overcome at that time was just because you didn't have the strength to match, whether it was personal strength or soul. I am still a fan of the authorities and do not see this.

It also shows that although the reborn self has experience and experience, it will actually be affected by the current environment and too much physical and mental influence of youth, just like the precious and heart-warming things that he and Jiang Hongshao are still young people have experienced, can they withstand the changes of time?

Only he knows, in fact, what Zhang Yu said is right.

When you were a teenager, there was a girl who appeared on stage with you, and the timid mood on her face you thought you would never forget for the rest of your life. The figure you wait for under those shaded trees every day at the end of school and school, you feel that your future life without him will definitely lose its color. You said to like-minded friends that I will always kick the ball, will run our vocal club, and will grit my teeth and persist in starting a business......

Actually, none of this counts.

The young man who was determined and yelled to kick the ball down has become a pot-bellied man who can only watch outdoor equipment and buy crazy hearts, wandering in the middle-aged bald man who is obese. The band members who promised to make music and write songs to release albums to become popular were tirelessly grinding their mouths to promote insurance, or engaging in micro-business in the circle of friends, and showing a large number of Ferrari Bentley keys for Taobao nine yuan and nine free shipping at every turn.

Time is the cruelest thing in the world, because people live for a long time, they become indifferent and numb.

It is said that you must not forget your original intention, but when you had an original intention, you were able to spend half a year of your savings across thousands of kilometers just to see each other. At the mention of something of interest, my blood boils, and I hate to give up my day and night.

However, in the end, everything that we say we should "not forget" is actually because we have forgotten.

Forget the face that made your heart pound back then, and forget the figure that once seemed to the world to be unimportant when you saw it under the shade of trees.

Therefore, will they not forget the days and nights that used to paint cultural walls behind the wall together, ride bicycles together to hunt down murderers, fight experts together, and communicate through phone and text messaging software?

Probably sensing Cheng Ran's certain emotion, Jiang Hongshao said, "Cheng Ran, we all did very well in this exam. ”

Cheng Ran said with a smile, "Is this considered the Condor Heroes, extinct in the rivers and lakes?"

"Don't go extinct in the rivers and lakes," Jiang Hongshao said with a smile on the other end of the phone, "I want the black wind to be double evil, and make the rivers and lakes restless." ”

Cheng Ran said, "You're still ruthless." ”

After a pause, Jiang Hongshao said, "I know that you have been delayed recently, so I will also rest, you know, after standing alone in a high place for a long time, it is still very lonely......"

"That's a terrible thing to say. ”

"Come on, come on, you beat me," Jiang Hongshao giggled over there, and then said, "But then, at the end of this semester, our task is still to study, right, I hope you can handle these well and hand in a satisfactory answer...... Well, we're all in this together. ”

Cheng Ran smiled, "Don't you think it's time for you to say, 'Our task is still to learn'...... It's so cute. ”

"Cheng Ran, don't be poor...... Begging for a beating. ”

......

Yes, a satisfactory answer sheet is required.

And Cheng Ran will fill in the answer sheet next.

May 19th.

The Shanghai and Shenzhen stock markets suddenly pulled a long white candlestick from the lowest point of 1057 points.

The sector led by Science and Technology Valley, Internet stocks, high-performance stocks and state-owned enterprises competed to lead the market in the first place.

Among them, Internet stocks and technology stocks have become the strongest leading sectors, almost all of them are in the red.

Cheng Ran bought the East Pearl stock at a price of 10.8, and after a few trading days, Cheng Ran gave instructions to Zhao Qing, "Ship it immediately and hold a position to one-third of the position!"

Zhao Qing had already been waiting for Cheng Ran's transfer with the phone in hand, and when he received Cheng Ran's instructions, his voice trembled slightly, and he repeated, "The current price is 21.92, two-thirds of the position of shipments, I will start immediately, now the market is rising, how many hands are in this position, how many hands are under it, and how many are eaten!"

Zhao Qing paused and said, "We bought Kuangshun shares at 9.2, and now it's 18.54, do you need to ship them together?"

Cheng Ran shook his head, "Don't worry, it hasn't reached the top position at this stage, hold it again, when the price of 20 is broken, two-thirds of the same shipment, at that time, the dealer will not pull up again, look at the dealer's practice, nine times out of ten there will be a wave of continuous shock, and the will is not firm to shake out with a continuous decline, but it will be the best time for us to absorb chips!"

"Deep Sanda is a little strange, I can't see the trend...... Not much up. ”

"It's okay, wait and see, and then talk about it when you have the chance. ”

Cheng Ran frowned, this check doesn't seem to match what he expected, when the market is obviously rising, this check has been pressed, it's weird, but it doesn't matter......

Of course, Qin Xizhen, who is far away in the United States, doesn't know these details, she only knows that she looks at the stock information that Cheng Ran gave her, and sees the buying price above and the current price.

Just by counting the number of shares and the increase per share, she felt her brain buzzing.

Immediately, in this small Las Vegas villa, the crisp and crisp of a little girl who saw a Christmas toy for the first time burst out.