Chapter 42: The Water Is Deep (1)
"Xinhua News Agency: On the afternoon of July 14, the national customs held a televised and telephone work conference, calling for measures to be taken to further intensify the crackdown on smuggling, especially to maintain a high-pressure situation on the smuggling of high-value commodities such as rubber, refined oil, and automobiles, which has gradually risen since last year......
"Master Hao...... You see. The next morning, as soon as Chang Tianhao walked into the new century, Xiaoqin brought the newspaper she had just gotten today, and said excitedly at the headline, "I finally know the reason why I couldn't fall down yesterday, and I was going to intensify the crackdown on smuggling." ”
Chang Tianhao smiled: "Sister Qin is making rapid progress, didn't you say that you have a headache when you look at current politics, and you only like to watch social news?"
"You have to learn, otherwise you won't be able to do your job well, and if I can't even interject in customer chat, then I will become a fool." Xiaoqin stuck out her tongue, "Then today's rubber opening will rise sharply, and you can make money again?"
"It is estimated that it will rise, and it is difficult to say how much it can rise......"
Brother Chao's voice soon sounded in the big room, he was much more diligent than Chang Tianhao, he arrived early every day, and said in a loud voice: "Good boy, your luck is really good, what do you want, it was too cheap to knock you yesterday, and you have to take care of another sauna." ”
Xiaoqin asked, "Brother Chao, what is Sanuna called?"
"Sauna, sauna......"
"Sauna on such a hot day?"
Chang Tianhao said meaningfully: "Can Brother Chao's sauna be sent in an ordinary place?"
Now Xiaoqin finally understood, glared at Brother Chao fiercely, and said in a low voice: "Don't pay attention to him, Brother Chao has bad intentions, you are careful of being spoiled by him......"
"Sister Qin said that if you can't go, then I won't go. ”
"Hey...... When did I become a bad person?" Brother Chao said dissatisfied, "Is it because you think crookedly?"
Xiaoqin glanced at him and didn't answer, the meaning was obvious: I believe you are a ghost, you bad old man is very bad......
The opening time came quickly, and the lethality of the news was seen before the market, and the Tianjiao July futures that fell to 7030 yesterday were directly pulled to more than 7300 in the opening inquiry stage, which is a typical sign of jumping up and down.
China did not produce rubber before, it was first introduced from Singapore and planted in Hainan by overseas Chinese in the late Qing Dynasty, and the production was negligible, and a few years later it was linked to the very famous Ponzi scheme:
Around 1908, with the gradual expansion of automobile production in Europe and the United States, the demand for rubber continued to increase, and the price continued to rise, climbing from 18 pence per pound to 12 shillings and 5 pence at the peak in 2-3 years (1 shilling = 12 pence).
The main rubber production area in Nanyang, in order to catch up with this boom, a large number of people began to raise capital and expand planting, European and American companies issued a large number of shares in their own country, at the beginning of course is really to attract investment, but then look at the investment hot, Because rubber is different from ordinary cash crops, the newly planted rubber trees will not be produced after several years, so they are not really going to enclosure to cultivate rubber, but in the name of rubber plantations to engage in false packaging to make money, set up a variety of rubber companies and financing and issue stocks, repeatedly speculated in the crowd, forming a unique rubber (rubber in the late Qing Dynasty is collectively referred to as rubber) concept stocks.
London was the first to start, and Shanghai, as the financial center of the Far East at the time, was also involved, and played even more outrageously than London.
Just like Chang Tianhao's 5G concept stocks through the era, companies that are engaged in 5G are either not famous, or they are not listed at all, and most of the so-called 5G concept stocks are not compatible with 5G at all. Even many companies, such as ×× Communications, have repeatedly responded by saying "I don't, I'm not", and the onlookers have insisted on saying, "Shut up! The secretaries of the board of directors made it clear at the institutional research meeting that "the company has no ...... for the time being", and the research reports and analysts who came out also swore that "the company may lay out the 5G industry in the future, and the imagination space is huge......"
At that time, most of the rubber stocks did not have any industrial support behind them, only concept packaging, exquisite brochure printing and publicity, foreign devil shareholders and directors bonuses, foreigner banks and office renderings, various press conferences, and all kinds of half-truths and half-truths Nanyang local land lease or purchase contract photocopies (most of them were still fake), but as long as the stock was sent out, the price continued to rise, and it still became a craze for the middle class in Shanghai.
Even in the most frenetic era of speculation, not only the middle class, but also vegetable vendors, helpers who burn tiger stoves, and maids who serve in the homes of large families are involved. If you can't afford 10 shares, you can buy 1 share, and if you can't afford 1 share, you can find a few people to buy together, and a large number of poor people will take out the coffin book to speculate, hoping to get rich quickly. However, in 2-3 years, the tide receded, foreigners absconded with the money, and foreign businessmen and banks expressed their exemption from liability: when we issued it, we explained that stock investment may be risky, and we were also "victims", leaving China with a piece of chicken feathers.
Shanghai, Tianjin, Beijing and other important cities lost a total of more than 20 million silver, most of the domestic money banks in the financial turmoil could not recover the investment money lent out and collapsed, the Qing government was not rich in finances, but also to use money to save the city, and finally had to play the idea of reclaiming the railway, trying to recycle the inland commercial railway and resell it to foreign capital to obtain bailout funds and restore financial stability, which led to the vigorous road protection movement in Sichuan, followed by the gunfire of the Wuchang Uprising and the collapse of the dynasty.
From this incident, it can be seen that the fall of the Qing Dynasty was inevitable, but the financial crisis caused by rubber stocks, which then evolved into a crisis of all-round rule, was an out-and-out occasionality.
After the outbreak of the Korean War after the founding of New China, the European and American powers imposed a blockade on China, cutting off all kinds of urgently needed sources of strategic materials, and other things can also be found to get from the Soviet Union, except for rubber, the Soviet Union is more lacking than China, at that time, none of the countries of the Warsaw Pact could provide it, but after the Soviet experts made field investigations, they believed that the southernmost part of China had the climatic conditions for the development of rubber cultivation.
In order to break the economic blockade and ensure domestic demand and supply the socialist camp, China decided to vigorously develop the rubber industry, and from 52 years, with the Soviet Union capital and technology to provide, the construction of two major natural rubber production bases - Hainan and Yunnan hot areas. Rubber, like oil, got rid of the need to import in the following period, and even had the capacity to export.
Reform and opening up, especially into the rapid economic development of the 90s, rubber and crude oil, domestic production has long been insufficient to use, need to import a large number of goods, due to the Thai cigarette rubber quality is more advantageous, in order to prevent the impact on the domestic market, the import of rubber set up a quota management system, only allowed to purchase domestic rubber is not enough part of the gap, do not allow free competition at home and abroad, the system is also used in cotton, sugar and other bulk materials.
As a result, domestic cotton, rubber, sugar has always been higher than the international market price, a small import quota approval represents a large profit, as long as you can get the approval, you don't need to have funds, and you don't need to understand trade, immediately someone will get everything done and give you money, this is the origin of the official fall and approval economy in the 8 and 90s, many officials rely on power to make a lot of money, when a domestic household can not earn 10,000 yuan a year, they have already opened a Mercedes-Benz priced at more than 1 million.
Later, the approval economy became more and more formalized and procedural, but the price difference between domestic and foreign countries still existed, and more people who could not get the approval document but wanted to make huge profits emerged, resulting in endless smuggling, especially after the financial turmoil in 97 years, Thailand's domestic rubber was unsalable, the Thai baht depreciated and the price plummeted.
On the one hand, the domestic economy is in a downturn, and on the other hand, smuggling is rampant, so targeted crackdown measures were introduced in mid-July. Chang Tianhao knew that there was such a thing, but he forgot when it was, and he didn't expect to be caught up suddenly, to be exact, there was a main prescient yesterday afternoon, so the price couldn't go down.
After the official opening, Tianjiao changed yesterday's decline and opened directly to 7320, which was more than 4% higher than yesterday's closing of 7030, and the disk was red.
But Chang Tianhao's face didn't see much joy, but he said, "Huh": "Brother Chao, I don't feel the taste right." ”
Brother Chao observed for two minutes and nodded: "Yes." No more, no less, just drive 7320, the water is ...... deep."