China's stock market in 2005 was difficult to describe for investors, and many jokes and true stories were born as a result.

This year, there is a joke circulating: "There are many good things in China, but there are two things that cannot be discussed." One is that China's football is ugly, and the other is that China's stock market is as ugly as football. ”

At the capital forum held in Shencheng this summer, a retired veteran cadre with gray temples stood at the door and shouted to the leaders of the three committees (the Banking Regulatory Commission, the Securities Regulatory Commission, and the Insurance Regulatory Commission): "My life savings have been lost in the stock market, and I want to live in the future, or how to ......live in the future."

At the beginning of June, the Shanghai Composite Index broke through 1,000 points. This has made countless investors who have experienced several years of the great bear market and thought that they were about to bottom out and rebound, completely lost confidence and were like walking dead.

In China's stock market, there is no bearish, only more bearish!

In the face of such a situation, the central government can not sit still, while rectifying the market order, while prompting a large number of social security funds to enter the market, but also instigating countless institutional households to enter the market in a high-profile manner, and accelerate the introduction of new policies for the reform of state-owned shares. This series of actions is all to save the market, but retail investors have been frightened, they are too deeply trapped, and they don't believe that the market can be pulled up.

At the beginning of the year, for example, the government lowered stamp duty in order to stimulate the stock market. The Shanghai Composite Index rose by nearly 100 points in a month, but many investment institutions took the opportunity to sell off, followed by a four-month plunge.

Now that the government has stimulated the stock market again, and the Shanghai and Shenzhen indices have risen again, the first reaction of shareholders is to get rid of them quickly, otherwise they will be cut leeks by the dealers.

Deep City, Big Room.

Although with the popularization of computers and the Internet, more and more people like to sit in front of the computer to speculate on stocks, but the exchange is still lively, and the large room is still a small retail investor talk.

Liu Peng, who once lent his large room to Song Weiyang and witnessed Boss Song's high-level sale of "Qiong Minyuan", was still jumping in the stock market at this time. Most of the stocks in his hand were trapped, but fortunately, he bought 80,000 shares of "Hongdu Airlines" by shitluck. The airline ordered 40 planes in March and another 27 in August, and is in a phase of rapid expansion, so the stock price has been up and down several times in a row at the end of August.

"Boss Liu, do you really want to throw it?" the trader asked.

There was smoke in the big room, Liu Peng pinched the cigarette and took a puff, then squeezed it fiercely, gritted his teeth and said, "All sold out!"

Although "Hongdu Airlines" continues to rise, Liu Peng is a senior Chinese stockholder, and when China did not have a formal stock exchange, he was already speculating in stocks on the side of the road in Rongcheng. "Hongdu Airlines" has grown against the trend for more than three months, and if it does not throw away the stocks in its hands, it will eat 100% of the continuous fall limit. Because the stock has risen too mysteriously, the dealer is estimated to be sharpening his knife to the pigs and sheep.

After selling "Hongdu Airlines", Liu Peng carefully checked the other stocks he held. The more he looked at it, the worse his face became, because the computer screen was green, and several of them belonged to the high-level trap.

Take "BOE" as an example, in 2003, it spent 350 million US dollars to acquire the panel business of South Korea's Hyundai Electronics, spent 1.064 billion Hong Kong dollars to acquire 26.77% of TPV Technology's shares, and spent 1.2 billion US dollars to build its own fifth-generation TFT-LCD production line in the same year. Nearly $2 billion was thrown out in a year, when the stock price soared and then plummeted, because shareholders were worried that "BOE" would spend too much money, for fear that the capital chain would be broken due to unfavorable expansion.

However, in 2004, "BOE" gave a perfect financial report and invested 1.2 billion US dollars to establish a production line, which could be officially put into operation in 2005. A series of good news caused the stock price of "BOE" to rise sharply against the market, and Liu Peng entered the pit at a high level at that time.

Who knows, the global panel market, which has been booming for several years, suddenly fell into a quagmire this year, and the financial reports of "BOE" are getting more and more ugly every time.

Liu Peng was reluctant to cut the meat at that time, and he predicted that after BOE's production line was put into operation, the stock price would definitely be able to rise again. But it has fallen even more, BOE has lost money to the bottom, is being frantically collected by a number of banks in 2003 for nearly 2 billion US dollars for expansion, most of them are borrowed from banks, only in South Korea bank on 210 million US dollars.

Looking at the stupid head display screen, Liu Peng smoked one after another, and only held back a sentence for a long time: "Xiao Chen, LCD screens are popular now, why do you still use glass screens in your big room?"

The trader Xiao Chen was stunned and said with a wry smile: "How do I know this?"

Liu Peng complained: "The exchange is reluctant to change the LCD screen, how can you let the LCD screen manufacturers make money? The LCD screen can't be sold, and the BOE panel has no customers!"

The trader Xiao Chen didn't say anything more, he knew that this Boss Liu was tricked by "BOE" and wanted to jump off the building.

"Hey, what's the situation?" Liu Peng suddenly exclaimed.

The trader Xiao Chen hurriedly went to look, only to see that the "BOE" suddenly turned red, and he immediately judged: "Someone is eating a lot, Boss Liu, this is a good opportunity to cut meat!"

It's a good opportunity to cut meat, because no one bought it before.

"Wait, I'll take a look. Liu Peng felt very strange.

"BOE" this year's financial report is a monthly loss, the corporate debt ratio is desperately high, and the panel industry is caught in a global winter, which is completely a puddle of mud that cannot be supported. How can anyone take "BOE" to sit in the bank?

Could it be that there is some unknown inside information?

But even if there is good news, at most "BOE" is included in the list of share reforms. Share reform is not a panacea, "BOE" state-owned corporate shares are less than 30%, all changed to private can not hold the scene, the capital hole poked out in the past few years is too big!

More and more retail investors noticed the situation of BOE, and the batch bought at a low price in the first half of last year quickly seized the opportunity to cut the meat and leave, for fear that no one would buy their meat if the action was slow.

Liu Peng ate lunch in the big room, he watched the BOE stock price skyrocket, and in the afternoon, it was even a direct limit!

What the heck?

Although the stock price has risen and fallen, the trading volume is still rising, and the person who has eaten a lot behind his back has refused to stop until now.

Liu Peng suddenly laughed, and he concluded: "This is not someone who is setting up a bureau to sit in the bank, this is someone who wants to enter the board of directors of BOE! Guan Gong is on top, God bless, Lao Tzu can finally solve the problem." By the way, let's see what happens to B shares...... Mom sells batches, and B shares have also been pulled to the limit, who is so generous?"

Capital.

Wang Dongsheng, the founder of BOE, is meeting with leaders to discuss BOE's share reform.

In order to stimulate the stock market, since last year, a large number of listed companies have carried out share reforms in batches. These enterprises all contain state-owned corporate shares, and there are many problems, which are rigid and difficult to implement, and have dragged down the entire stock market, and we must deal with the problems left over from history as soon as possible.

Suddenly, the phone rings.

Wang Dongsheng quietly put his hand into his trouser pocket, quickly pressed the hang-up button, and then continued to talk to the leader with a smile.

As soon as I hung up the phone, my phone rang again.

Wang Dongsheng planned to shut down the phone directly this time, but the leader said: "You answer the phone first, don't miss anything important." ”

Wang Dongsheng immediately got up with a smile, walked out of the leader's office quickly, answered the phone in the aisle and asked, "What's wrong?"

"Mr. Wang, something is wrong," an eager voice came from the mobile phone, "Our stocks, A and B shares are all up and down!"

Wang Dongsheng thought he had misheard: "Are you sure it's not a down limit?"

The subordinate said: "It's really a price limit, and the trading volume is still increasing after the price limit." However, now that the growth in trading volume has slowed down, many retail investors want to wait and see tomorrow's market, and they are reluctant to sell. ”

Even if the price limit of "BOE" is limited, the stock price is still pitifully low, and most of what is sold now belongs to cutting meat.

"I see. ”

Wang Dongsheng hung up the phone, quickly returned to the office, and said to the leader: "BOE's A and B shares have risen to the limit, I'm afraid someone wants to make a hostile takeover!"

Leaders are also financially literate: "If it's a hostile takeover, it's too obvious and impatient." How can you not do any feints and buy stocks to the limit within a day?"

Wang Dongsheng said: "It can only explain one problem, the other party already has so much money that there is no need to use strategies." ”

Suddenly, the phone rings again.

The leader instructed: "Pick it up right here." ”

Wang Dongsheng took out his mobile phone, glanced at the screen, looked up and said to the leader: "It's an unfamiliar number." ”

The leader immediately sat up straight, and the whole person became nervous. He was instructed to discuss the "BOE" share reform plan, which is not only a commercial issue, but also a major political task. BOE's acquisition of Hyundai's electronic panel business three years ago was the most expensive state-owned company ever approved in China's history. Then spent more than $1 billion to build a new fifth-generation panel production line, which is regarded as one of the important layouts for the development of China's technology industry.

What's more, BOE still owes the government and banks a huge amount of funds, and if you don't pay attention to it, you will be wasted, and I don't know how many people are staring at it.

BOE's outstanding shares exceed 40%, once there are foreign forces hostile acquisition, but also as the largest shareholder, good management and development is acceptable, once chaos will simply drive countless people crazy.

Wang Dongsheng exhaled a breath of turbidity and stabilized his emotions: "Hey, hello!"

A voice came from the phone: "Mr. Wang, hello, I'm Song Weiyang." ”

"Boss Song?" Wang Dongsheng had a faint guess in his heart.

Song Weiyang smiled: "I'm sorry, Mr. Wang, I didn't greet you in advance." ”

Wang Dongsheng asked, "Boss Song made the move today?"

Song Weiyang said: "Well, it's me. I bought a little too much stock, and I'm going to raise my card tomorrow. ”

"Song Weiyang?" the leader hurriedly asked.

"That's him. Wang Dongsheng replied with his mobile phone covered.

The leader finally breathed a sigh of relief and smiled on his face, as long as it was not a foreign force. And Song Weiyang's reputation has always been good, except for Lenovo stocks in the early years, and then he has never played financial tricks, and he is honest in business or investment. With Song Weiyang's strong financial resources, if he falls in love with BOE, it will definitely be a good thing for BOE in distress.

Wang Dongsheng asked, "What are Boss Song's plans?"

Song Weiyang said: "I fell in love with BOE's patent. Shenzhou Technology is in a research and development plan to invest billions, involving some of BOE's panel technology, so I bought BOE easily. ”

"Buy?" Wang Dongsheng didn't understand.

"Well, at least 20% of the shares," Song Weiyang said, "The shareholding institutions over there in Hong Kong City, many of the outstanding B shares in their hands have been bought by me at a premium." ”

Wang Dongsheng almost vomited blood when he heard this, if Song Weiyang had a 20% stake, he would become the second largest shareholder in addition to the state-owned corporate shares.

Seeing that Wang Dongsheng didn't speak, Song Weiyang comforted: "Don't worry, now I hold just over 15% of the shares, and I am still far from 20%." ”

Wang Dongsheng: "......"

Before the implementation of BOE's share reform plan, 15% of the shares were also the second largest shareholder!

Wang Dongsheng asked: "Mr. Song wants to intervene in the management and operation of BOE?"

Song Weiyang said: "Of course not, at most I am on the board of directors. However, I would also like to make a request, hoping that BOE will continue to develop on the basis of existing patents and cooperate with Shenzhou Technology's smartphone plan. ”

"I ...... Mr. Song, you are really generous. Wang Dongsheng wanted to say that Song Weiyang had too much money to digest, and in order to develop smart phones, he actually took great pains to acquire BOE shares.

Even if you don't buy BOE, won't Lao Tzu sell mobile phone panels to you in the future?

Wang Dongsheng himself could not have predicted that BOE, which is now in a desperate situation, will become China's second only to Huawei and ZTE patent owners in ten years, and the number of available patents owned by BOE has reached the seventh in the world.

These patents alone are worth Song Weiyang's bottom-buying acquisition, and if he doesn't buy them, BOE's stock price will bottom out.

The next day, Song Weiyang directly used his own name to hold up a placard and published the news in many domestic newspapers at the same time.

Shenzhou Technology has no extra funds to play with the acquisition, unless it goes to find a bank loan, and Taurus Capital's money will be kept to subscribe to ICBC shares next year. So Song Weiyang bought BOE with his own money this time, and the funds came from the sale of Google shares, Google's stock price has exceeded $300, and he sold some more according to the agreement.

It's just a one-time card, and there are people in the stock market who raise their cards every year.

But Song Weiyang used his real name to raise his card this time, but it directly detonated the Chinese stock market. Not only are investment institutions using Song Weiyang to speculate, but even officials are adding fuel to the fire, with the blessing of Song Weiyang, the god of stocks, China's stock market is nearly half a year ahead of history, ending the years-long bear market.

I only need to tell the shareholders one sentence, the richest man Song Weiyang has entered the market!

No matter how high-profile other rich people enter the market, they may be regarded as sitting on the village and leek. But Song Weiyang has never cheated shareholders so far, and the legend has never missed, and even has a record of "defeating" Soros head-on. Doesn't it mean that China's stock market is going to recover?

Including many retail investors, discerning people can see that this is just a normal acquisition, but they don't break it, and even add fuel to the fire. As a result, the stock market became more and more evil, and a large number of shareholders were moved by the news, and they rushed to buy "BOE", and if they couldn't buy BOE, they went to buy other stocks.

This operation made Song Weiyang unable to receive the "BOE" stocks, because the daily limit was limited, and there were only buy orders, no sell orders.

Song Weiyang was very speechless, and he even had an urge to cut leeks. You only need to sell frantically to make a lot of money, knock down the stock price and buy it back, and repeated tossing can make retail investors want to die.

Think about it, forget it, this method is too cheap, and your reputation will be ruined if you play it once.