Chapter 899: Aftermath (II)

Turn your gaze back to China.

At this time, the domestic situation can be described as the peace of the country and the people, and the peace of the four seas. This is not a news broadcast. Rather, it illustrates the fact that the news is more closed, who knows what's going on?

As for the stock market? What kind of stuff is that? Let's talk about the movie "***" that has just been released! Mr. Li acted really well. Of course I know that the Hollywood film "Infinity 3" is popular now? What a joke, I thought I would watch it? I would learn from those fashionable young people? Besides, one is a movie ticket issued by the unit, and the other asks me to pay for it? And I have already bought that VCD, and when the disc comes out, our whole family can watch it, and if I want to watch it ten times or eight times, it will be done!

On the one hand, the vast majority of people have no knowledge of Wall Street, and on the other hand, the few officials who know about it seem to have opened the door to a new world. How can we raise funds to list those enterprises? How can we use foreigners' money to run a business for us? And what we pay is a stock like a piece of paper? And the money we get does not need to be returned?

Reform and opening up has entered this period, and the domestic economy has faced a long winter. There are external factors such as foreign sanctions, but they are mainly internal factors that cause commodity shortages to evolve into commodity surpluses at a certain stage of economic development. This has led to large-scale losses of state-owned enterprises, which, according to incomplete statistics, have reached an astonishing 30 percent. In addition, the township enterprises that were previously active are also facing difficulties. Due to the ambiguity of property rights, most of them have also been losing money year after year, reaching the point where they are unsustainable.

Really speaking, in the future restructuring of state-owned enterprises, the large-scale layoffs of tens of millions of people are indeed sympathetic. But on the other hand, during this period, these tens of millions of workers were supported by the profits and taxes of the state-owned enterprises that were in a better operating condition, the agricultural taxes of all the peasants, and other taxes of the state. We all understand the principle of choosing the lesser of two evils with one billion people to raise these 10 million people, so in the end, the state was also very helpless, and used the courage of a strong man to cut off the "rotten sores," which ensured the continued development of the country's economy.

Well, there may be many debates about the issue of the Great Layoff. The key is to see if it is objective? The key is to see which side the ass sits on? The ass decides the head! But let's face the facts first. The first thing to consider is how to save it? Second, no matter how you save it, you can't escape a money word, right?

As a result, Delta Power, the first mainland company listed in the United States, has entered the eyes of many people.

There is one more thing to be said here. Since there is still more than half a year to go before the speech of the Southern Tour, the anti-bourgeois liberalization movement in China is in the ascendant. Governments at all levels are quite sensitive to the nature of capital, and have an almost stifling attitude towards the private economy, allowing only state-owned funds to invest, and vigorously encouraging foreign capital.

Therefore, there is a very strange phenomenon in attracting investment in many regions. It is willing to let foreign businessmen enter into joint ventures at a low price, and they are reluctant to give domestic funds for the collective economy, including township enterprises. Even more extreme, some localities have packaged all their dozens of state-owned enterprises to a certain overseas Chinese consortium at zero price, just to get rid of the burden on the government, and it does not violate the policy.

Of course, that also has its own considerations, that is, to choose another path, and I will not comment here. As for Delta Power, many officials were pleasantly surprised to find that this company was simply too suitable, and even had a feeling of being built for this special period.

First of all, this is a foreign-funded enterprise, which is quite flexible in terms of mechanism and is more in line with the policy of introducing foreign capital. Secondly, there are China's state-owned shares in it, and there is also the blood of state-owned assets. Like the one introduced above, although it has gotten rid of the burden, it has all been "gifted" to foreign businessmen? How can it be said that there are also criticisms of public opinion? Delta Power does not exist, you can say that it is a joint venture with foreign businessmen, but it can also be said that part of it is an investment in state-owned assets.

What is even more amazing is that after the listing, the original state-owned assets have greatly increased in value, and they have also become an international hard currency - calculated in US dollars. From the perspective of value preservation and appreciation, that is also a great achievement, right?

As a result, there was a jaw-dropping scene, and those economically poor state-owned enterprises in Jinhai City swarmed to be acquired by Delta Power. The impact has even extended to the surrounding provinces and cities, after all, they have a good reputation and take good care of the resettlement of employees of state-owned enterprises that were originally bloated. It's really coming in droves, the conditions are one more favorable than the other, and even many of the same "zero price" acquisitions have appeared.

This sudden situation made Jensen, the chairman of Delta Power, cry and laugh. There was a choice to acquire a few companies that needed it and make the necessary expansions, which was nothing and was within Jenson's power. But now, what the hell is this? There are also breweries and textile factories? There is no such group purchase in this acquisition plan?

Regardless of Delta Power's jaw-dropping, let's introduce the domestic securities market. At the end of last year, the Shanghai Stock Exchange and the Shenzhen Stock Exchange were established one after another. However, they were all immortal, and the publicly traded stocks were only a few stocks, and the degree of popularity was actually not as good as the treasury bills at that time. In the history of the previous life, it was not until the issuance of call warrants in 92 that there was the first stock boom in the mainland.

At that time, officials of the China Securities Regulatory Commission were very worried about this situation, and in order to do a good job, they even did not hesitate to "use flexible means" to invigorate this nascent investment market at an early date.

It should be noted here that it was precisely because of the habit of such "flexible means," coupled with the greed of certain officials and the formation of the bad atmosphere of the China Securities Regulatory Commission, that China's securities market became a stubborn disease, and it has always been full of shady scenes and the hardest hit area of corruption. And the majority of shareholders are about to dry their tears.

However, at that time, it needs to be admitted that the starting point is good, and I also want to do a good job. We can't deny the enthusiasm for such work, just ...... This special stage is forever special, isn't it?

Anyway, the situation is the situation, and the reality is the reality. The two major exchanges coincidentally found Jingjian's affiliated companies and gave them all kinds of preferential conditions, hoping that they could "sacrifice", take the lead in listing, and be a "martyr" who "eats crabs"?

Well, that's the situation at home. Back to Hong Kong.

After all, it is a capitalist free port, and Hong Kong's stock market is quite sensitive, and when Jing Jian's capital crisis appeared, several of his related listed companies all plummeted.

In the bleak situation, Jingjian's Dacheng Bank also opened in a low-key manner. But after the opening, all the staff seemed to be magnifying the fake, no one deposited, and there were few people who took out loans. It wasn't that he knew that Dacheng Bank had already joined the banking group of Fuzoya, maybe it wouldn't take a month at all for the entire bank's hearts to be scattered.