Chen Hongbing and Zheng Hongtao were thrilled when they heard Chen Qingdong's words! Although neither of them had ever entered the financial market, just hearing these legendary stories was enough to make them full of yearning for the stock market!

Chen Hongbing asked again: "Qingdong, these are the fierce people you are talking about, in our country, are there any financial predators like Warren Buffett and Soros?"

Chen Qingdong smiled slightly and said: "The development of our country's financial market is relatively late, and it is only a short period of more than 20 years now, the Dutch East India Company, but in 1602 it issued stocks, our country and those capitalist countries in Europe and the United States, the development gap of the financial market is too big, so far, our country has not appeared like Buffett, Soros such a powerful international financial predator." However, in the development www.biquge.info of our country's financial market in just over 20 years, there have also been many famous figures and events. ”

Chen Hongbing and Zheng Hongtao are now full of interest in the financial market, a new world that they are still very unfamiliar with, and they can't help but say: "Qingdong, tell us about our country." ”

"Okay, then I'll give you a brief explanation, and I'll have fun. Chen Qingdong said.

Chen Qingdong thought for a while, and then continued: "Then I'll tell you about the famous '327 national debt' incident first, have you heard of this incident?"

"I've heard a little bit about it, all I know is that it made billionaires overnight, but I can't figure out what happened. Chen Hongbing said, "Qingdong, let's talk about this matter!"

Zheng Hongtao also said with interest: "I read the information some time ago, and I also saw this incident, which is said to be the darkest thing in China's financial market. Qingdong, tell us about it again. ”

"Okay, let's talk about it. Chen Qingdong said, "The so-called '327 treasury bonds' refer to the three-year treasury bills issued in 1992 and matured in June 1995, and the total amount of the bonds issued is 24 billion yuan." At that time, the redemption method was determined to be a coupon rate of 8% plus a hedging discount, and due to the uncertainty of the hedging discount, it was determined that the product had a certain speculative value in the futures market. In addition, because at that time, our country's reform and opening up has been carried out for many years, many people already have a lot of savings in their hands, but due to the underdevelopment of the financial market, many people have money in their hands, but there are no investment channels. As a result, after the Ministry of Finance announced that it would give some government bonds a value preservation subsidy, due to this uncertain factor, this issue of government bonds became the material for hype. ”

"This issue of treasury bonds in the short and long rounds of speculation, more and more speculation, until the date of the payment of this issue of treasury bonds, that is, February 3, 1995, the battle between the bulls and bears has reached an unprecedented tragic white-hot stage, in the last eight minutes of the closing of the day, the representative of the short side, has the "godfather of China's securities" known as the general manager of Wanguo Securities Guan Jinsheng took advantage of the loopholes in the rules, brazenly threw out 10.56 million sell orders!"

"According to the regulations of the Shanghai Stock Exchange at that time, the face value of one treasury bond futures transaction was 20,000 yuan, and the value of 10.56 million sell orders exceeded 210 billion yuan! At that time, the total amount of 327 treasury bonds was only 24 billion yuan, which was unprecedented! If it was finally delivered at the closing price cut by Guan Jinsheng, Guan Jinsheng's income would exceed 4 billion yuan, becoming the biggest winner! And the bulls and China's Ministry of Finance would pay for Guan Jinsheng's income!"

However, before Guan Jinsheng's champagne could be opened, the Shanghai Stock Exchange brazenly announced that all orders sold within eight minutes before the close of the day's market were invalid! After the final results came out, Wanguo Securities turned from a profit of 4 billion yuan to a loss of more than 1.6 billion yuan, and the largest securities company in China at that time was on the verge of bankruptcy! Many people went back and forth between the nouveau riche with a net worth of 10 million yuan and the poor eggs who were heavily indebted. Therefore, this day has also been called 'the darkest day in China's financial history' by some people. ”

Speaking of this, Chen Qingdong looked at Chen Hongbing, who was full of shock, and then said: "Brother, what you just said is right, many billionaires were indeed born on this day, among which the more famous ones were Liu Han, who was sometimes Chinese New Year's Eve and later chairman of the board of directors of Sichuan Hanlong Group, Yuan Baojing, a business wizard who was 29 years old at the time and was known as "Beijing Li Ka-shing", was 28 years old at the time, and later became famous as Wei Dong, the head of China's "Yongjin Department", and later Zhou Zhengyi, the "richest man in Shanghai"!"

Chen Hongbing and Zheng Hongtao both felt a huge shock and yearning for the turmoil behind this historical story!

For anyone who does business, I am afraid that they will not be able to refuse the opportunities brought by this legendary story, and they can't help but have a kind of envy that they can't reach and yearn for!

After a moment of silence, Zheng Hongtao said: "I heard that Jin Sheng, the old manager of Wanguo Securities, was later imprisoned?"

"Yes, Guan Jinsheng was arrested and imprisoned on May 19 of that year. However, the funny thing is that the whole world knows that Guan Jinsheng was arrested because of the '327 national debt incident,' but when the prosecutor finally indicted him, he was sentenced to 17 years in prison for the crime of "embezzlement of 2.69 million yuan of public funds"! This is also a famous 'misplaced legal crime' in the history of our country. In this case, the seriousness of Chinese law can be said to be wiped out. ”

Speaking of this, the corners of Chen Qingdong's mouth couldn't help but have a helpless wry smile. He knows that there is still a long way to go in the road of rule of law in China. So if you want to have fun now, you have to follow its specific unspoken rules.

Chen Hongbing was still unsatisfied with what he heard, and said: "Qingdong, what you said is the old yellow calendar from several years ago, in the past two years, have there been any awesome financial predators in our country?"

Chen Qingdong thought for a while and said, "Then I'll tell you two more people, one of these two people is called Lu Liang and the other is Tang Wanxin." ”

"Lu Liang and Tang Wanxin?" Zheng Hongtao repeated in an excited tone.

"Yes, Lu Liang and Tang Wanxin. Chen Qingdong said, "Brother Hong Tao, you have heard of them. ”

Zheng Hongtao smiled embarrassedly and said: "I have temporarily recharged my knowledge of stocks and other aspects during this time, and I have seen their names on some materials. It is said that Lu Liang and Tang Wanxin are both predators in China's financial circles, and Lu Liang's Chinese science department and Tang Wanxin's Delong department are both awesome and coaxing. Among them, Lvliang's Zhongke Department at its peak, had four listed companies, and the Zhongke Venture Stock controlled by it has risen continuously for many years, creating a miracle. However, later on Christmas Day in 2000, Zhongke Entrepreneurship came nine consecutive down limits in one day without warning, and the market value of more than 5 billion disappeared, and the Department of Chinese Science and Technology was destroyed. After that, Lu Liang also personally met with reporters and confessed the fact that he was sitting in the bank. It is said that Lu Liang's ability to manipulate stock prices has reached the point of perfection, and even he can do it at whatever number he wants the stock to close on the same day, so Lu Liang is also known as 'the first village in the stock market'!"

Chen Qingdong said with a smile: "Brother Hong Tao, you know very much!"

Zheng Hongtao said modestly: "It's just like looking at the stock market to understand some skins, but I don't know the specific things." ”

Chen Hongbing obviously didn't know much about this matter, and asked curiously: "Lu Liang is so awesome! What happened to him after the collapse of the Chinese Science Department?"

"He is said to have disappeared. Zheng Hongtao said.

"Disappeared?" Chen Hongbing was surprised.

"I've also heard that he's disappeared, and it doesn't seem like the police have caught him yet. Chen Qingdong said, "There are many folk legends that Lu Liang has caused many people to go bankrupt because of the manipulation of stocks. Therefore, Lü Liang was assassinated, and his body was buried in a place where no one could find it. However, I think that a person as smart as Lu Liang must have thought of a way out when he manipulated the stocks, so it is unlikely that he was assassinated, and the more certain reason is that he is hiding incognito somewhere in China or abroad. ”

Chen Hongbing and Zheng Hongtao both nodded in agreement with Chen Qingdong's statement.

Chen Hongbing said again: "I just said Lu Liang, so what did Tang Wanxin do? He is also as awesome as Lu Liang?"

Chen Qingdong said with a smile: "Brother Hong Tao, you have also heard about Tang Wanxin, so you should tell my brother about it." ”

Zheng Hongtao said: "I know a little bit of fur, just say it simply." I learned from the information that in 1992, Tang Wanxin organized 5,000 people from Xinjiang to go to Shenzhen to queue up to receive the stock subscription lottery form. At the end of this year, he registered Xinjiang Delong Industrial Company in a joint venture with several elder brother boxes in Xinjiang, specializing in stock operation in the capital market, thus opening the road to the expansion of the Delong system. ”

"In the past ten years, Delong has successively controlled three listed companies, Tunhe, Shenyang Alloy and Hunan Torch, and built the famous troika of Delong. Moreover, in a few years, until March last year, the stock rose by more than 1,000%, and he also became the veritable No. 1 market maker in China's stock market. Since then, on the basis of this troika, Delong has continued to control several listed companies, and more companies have been invested or merged by him. Now, Delong has become the largest private company in China!"

After saying this, Zheng Hongtao said to Chen Qingdong again: "Qingdong, what I said is right, right?"

Chen Qingdong smiled: "That's right! Brother Hong Tao, I found that your memory is really powerful!"

Zheng Hongtao laughed and said: "What a great thing! I was just very interested in seeing this story of the Delong family, so I watched it a few more times before I remembered it." ”

Chen Hongbing said: "Hong Tao, are you saying that this Delong system is still very awesome?"

"Yes, it's very awesome! The largest public opinion enterprise in the country controls tens of billions of dollars, do you say it is awesome?" Zheng Hongtao said.

"Awesome!" Chen Hongbing said with a sigh.

The things that Chen Hongbing and Zheng Hongtao talked about in the car today made Chen Hongbing feel like a frog at the bottom of the well, and at the same time, he also saw a broader and even more crazy corner of the world!

He couldn't help but think that the financial market is the place that can make a businessman's blood really boil!

Under the excitement, Chen Hongbing said with some self-deprecation and some yearning: "Hong Tao, Qingdong, do you say that one day in the future, we can be as awesome as them?"

Zheng Hongtao smiled and did not answer.

Chen Qingdong said: "Brother, you can have this ideal, but don't force this. Tang Wanxin and Lu Liang were able to succeed, in addition to their own strength and the spirit of having adventurers, the background of the times is also very important. As our country's financial market becomes more and more standardized, I think it is difficult for big bookmakers like them to appear. ”

Zheng Hongtao couldn't help but say: "I don't know if Tang Wanxin will always succeed or if he will follow the path of Luliang." ”

Chen Hongbing couldn't help but sigh softly.

Chen Qingdong didn't finish speaking, he turned his head and saw the vast mountains and rivers of southern China through the open car window! In fact, he knew that the once-famous Delong system was also about to come to an end, and those who flouted the rules would eventually be eaten up by the rules and would be unhappy with their retribution!