Chapter 304 Shenzhen Stock Exchange
The July sun slammed down on all living and dead things on the ground. The hot air waves blew up the waterless foliage, encouraging the sand and gravel to move forward and forward.
Like hard-working bees, the executives of the Dahua department shuttled from school to school and research institute despite the heat of the weather, in an attempt to convince certain academicians trusted by the committee members to make a certain assessment of the company.
In order to increase the persuasive force, officials in Fujian, Shandong, Shanghai, and other places were also mobilized under the promise of further investment in Sioux City. Also moved were officials from PetroChina and other ministries.
People can't help themselves in the rivers and lakes, and it's the same for academicians. Some people need funds to continue scientific research projects, some people need large factories to do experiments, and some people need the cooperation of certain research institutions. For the academician himself, the power of the local government and the ministry seems to be small, but it has an extraordinary effect at the critical moment.
Dahua Group's public relations department travels around the capital all year round, and as long as you invest a little energy, you can find the key moments of the academicians. Next, it was up to Sioux City to come forward, bring the person or tool to poke the G-spot, and take the trouble to poke them.
The whole process is very boring, and you have to be on guard against Sinopec at any time during the period. Most of the academicians in the petrification department are from Sinopec, although this will not affect their professional judgment, but if Dahua does nothing, it is easy to have uncontrollable consequences.
The whole month of July was a death-chilling affair. Even so, Dahua only said that two academicians came forward to preside over the evaluation, and three other associate academicians were also willing to come forward.
And so it goes. At most, it only gives five State Councilor votes two or three percent more certainty. Su Cheng could only continue to work hard, and then wait for Zhou Lao's response. If you want to do any work, you have to wait until the end of the door.
Also eager to die are the officials of the Shenzhen Stock Exchange.
The over-the-counter frenzy has long since dissipated, but the aftermath is becoming more apparent. By August 1991, the Shenzhen Stock Exchange had been falling for 10 consecutive months, not to mention that the shareholders were in shock, and the Shenzhen Stock Exchange itself was about to be unable to hold on.
If which crosses the public at the end of 1990 bought shares of the Shanghai Stock Exchange. What he gets is flowers and appreciation, and if he buys shares in the SZSE with a hot head, he gets endless contempt and a terrible gloom -- not just watching the stock fall. And I can't sell it if I want to, so there is no buying order at all.
The exchange is like an animal about to die, bleeding and bleeding. Only a few convulsions, not even a pointless struggle.
By August 4th. The stock index of the Shenzhen Stock Exchange fell from 100 points to 45 points, and the market value of the entire stock market shrank from 5 billion to 3.5 billion, which is simply miserable. If we correspond to the stock index, from 100 points to 45 points, which is equivalent to 6,000 points to 2,700 points, after 30 years of hardship, shareholders can not stand it, and how can shareholders in 1991 understand. In particular, many shareholders are forced to buy stocks, and they can't cut the meat if they want to, not to mention the pain.
This time. Even the idealistic governor of the bank could not hold on. However, it is difficult for the "adjustment fund" of the Shenzhen Stock Exchange to be released.
The 200 million yuan promised by Sioux City is only a part of the adjustment fund, and the 300 million yuan of funds from the Shenzhen Municipal Government and the Shenzhen Stock Exchange, as well as the People's Bank of China, also need to be implemented one by one.
This implementation will take more than a month.
And the stock market didn't mean to wait for them.
Every day. The stock market is closing with a falling limit. The fall limit of the Shenzhen Stock Exchange has been limited to 0.5%, and that's it, it has fallen for a month, and it will fall by more than 20%.
And there is no intention of stopping.
It was difficult to implement the adjustment funds used for the city, and the mayor could not wait any longer, so he hurried to Beijing. Unable to take a break, he hurried to the hotel to find Sioux City and persuaded him to enter the market first.
From wet Shenzhen to dry Beijing, Mayor Nong's lips were chapped, but he didn't mean to drink water, and kept saying: "I know that if the adjustment fund is not in place, letting Dahua's funds enter the market will cause additional losses." To be honest, I have no way to compensate, I just ask Su Dong to lend a helping hand for the sake of so many shareholders and so many shareholders who responded to the government's call to enter the market in order to support national construction......"
The current Shenzhen Stock Exchange is like a Shanghai stock stock that has fallen since 6,000 points, and no one knows how much money it will take to drag the stock index up. Funds that enter the market early will naturally have to bear additional risks. If the first few days do not achieve the goal of stopping the fall, then the lost funds are additional losses.
In 1991, 10,000 households were still worth talking about. Ask Sioux City's 200 million funds to enter, even if it loses 1%, the mayor of Nong feels guilty. After all, none of the government's funds are forthcoming.
Sioux City thought of a story that had been going on for a long time. Legend has it that there is an old cadre, because of the call of the country, bought 5,000 yuan of Shenzhen Development stocks, until 1997, when the Shenzhen Development stock rose sharply, he remembered this matter, and found that he had made a profit dozens of times. So he sold it for cash, leaving only 5,000 yuan of principal, and the rest paid special party dues......
"How much money does the adjustment fund have now?" Su Cheng didn't mean to shirk, to the surprise of Mayor Nong, he didn't know that it was what he didn't say that affected Su Cheng.
Along with Mayor Nong, there was also Manager Tong of the Shenzhen Stock Exchange, who replied nervously: "80 million yuan." ”
Su Cheng pursed his lips and said, "The three of you promised 300 million yuan, but only prepared 80 million?"
"The People's Bank of China has not yet received funds. The 80 million was prepared by the city government. Mayor Nong was worried that Su Cheng would be unhappy, so he turned his heart on the side and said: "Among the 80 million, there are commissions paid by brokers, as well as funds from the State Investment Corporation, and the municipal government's funds are also very tight, and it will take at least a month to make up 200 million yuan...... In that case, I am afraid that the downward pressure will be greater. ”
"Okay. ”
"Okay?" said Mayor Nong, who felt like his fist was hitting the cotton.
Su Cheng only nodded lightly and repeated, "Dahua can enter the market now." ”
"Now?"
"Yes. Su Cheng turned around and asked Yang Ming to book a plane ticket.
Mayor Nong didn't expect it to be so simple, and he didn't know what to say all of a sudden.
The flight in '91 was small and broken. Many civil aircraft have only twenty or thirty seats, about the size of private jets, and the decoration and appearance are similar to those of country buses. In fact, at this time, there is not much difference between the aircraft in service in China and those in service in Africa, most of them are old goods that have been used for twenty or thirty years, and they continue to fly, thanks to the fact that the price of oil is still cheap.
They were in a hurry, and they didn't have room to choose, so they took an 80-seater old plane and flew to Shenzhen with a creak.
When I arrived at the place, I was greeted by a Santana and drove all the way to the Shenzhen Stock Exchange.
In the classroom-sized room, there were already nearly twenty people waiting.
Su Cheng listened to Mayor Nong's introduction, and compared them with the known celebrities in his mind. As the earliest stock exchange in China, being able to participate in China's Chapter 328 fund must be kept strictly confidential, and the specific implementation process is up to a few of us. ”
Su Cheng looked at it, in addition to Mayor Nong, President Guan and Manager Tong, there was also a General Manager Wang. This is a typical government official in his 50s, wearing a gray jacket and combing his hair big, feeling a little rustic and confident.
Such government officials are the most common in local governments, and they are somewhat out of step with new things like stock exchanges.
Su Cheng recalled for a moment and said strangely: "You are the general manager of Longsheng Import and Export Company, right?
Mayor Nong coughed heavily and said, "Su Dong, General Manager Wang is here to help." ”
"How can I help?"
Several people were a little embarrassed by Su Cheng's question. After a while, it was still the farmer who said, "This ...... We didn't expect Dahua Industrial to enter the market now, so we hope that Longsheng Import and Export Company will help us when we have insufficient funds. ”
The import and export company has money, and Sioux City knows it. However, import and export companies and stock exchanges are really incompatible. With the current corporate structure, Longsheng Import & Export Company is not expected to be allowed to participate in stock trading.
There may be illegal circumstances, Su Cheng suddenly became serious, and said, "Mayor Nong, you have to explain it to me." ”
Several people looked at each other, but it was General Manager Wang who stepped forward and said, "Su Dong, I took the initiative to ask for this." Longsheng has money on the account, the stock exchange can not fall, in this case, I have prepared 80 million, if the money of the adjustment fund is not enough, Longsheng will also quietly buy the shares of deep development. This matter, except for the mayor of the farm, only the accountant of our factory knows, please Su Dong must keep it secret. ”
Hearing him say this, Sioux City understood. This is embezzlement. It's just that the embezzled money is used to support the city.
Su Cheng hesitated suddenly, for him, this was a bit dangerous.
Mayor Nong said helplessly: "It's really a lack of funds, so I made this decision." ”
General Manager Wang waved his face and said: "Su Dong, this matter has nothing to do with you, we will enter the market, and after the stock price rises, we can quietly sell the accounts, and if there is more, we will hand it over to the city." Don't worry, I won't take a dime. ”
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