Chapter 198: "Stock Crazy" Prediction

Lao He's efficiency is very high, and after going out, he took a fax back to the private room and handed it to Liu Xun, Liu Xun took it, looked seriously, and the more he looked, the more serious his face became.

This is exactly the same as the announcement I saw in another time and space, except that the date of the new share warrant was changed from August 9 to March 9, the rest is exactly the same as the one in my memory, and it seems that the big riot in my memory is not far away.

This announcement is just announced today by the China Shipping Stock Exchange, and its general content is to announce that the China Shipping Stock Exchange will issue 500 million domestic public shares in 92 years, and then take the lottery method to sell shares, a total of 5 million lottery forms are sold, and the winning rate of the lottery table is 10%, and each lottery table can subscribe for 1,000 shares. At the same time, it is stipulated that subscribers must use their ID cards to handle relevant matters, and an ID card can spend 100 yuan to buy a lottery form, and at the same time, each subscriber can hold a maximum of 10 ID cards to buy a lottery form, and the specific sale work will officially begin three days later, that is, on March 9.

Yes, yes, it is really this thing, it is really exactly the same as he guessed, even this announcement is exactly the same, Liu Xun secretly sighed in his heart.

It seems that although his arrival has changed some things, the general trend of history has always remained the same, and it has always rolled unswervingly in a given direction.

For example, although the time for the China Shipping Stock Exchange to synchronize with the world has been advanced, the general trend of the subsequent stock market has not changed, and the date of the Shanghai Stock Exchange to open up the stock price has been advanced, but the 10,000 yuan shares of Yuyuan Mall have not changed, and the other ups and downs have not changed, and the trend of the market has not changed. Although the implementation of the lottery method for the issuance of new shares in China Shipping City has also been advanced, the method of lottery for new shares subscription on the stock exchange has not changed.

Since these general directions have not changed, then, if nothing else, will the 8.10 stock madness in another time and space also appear according to the historical trend and become 3.10 stock madness? Liu Xun thought silently in his heart.

For the 8.10 madness of another time and space, Liu Xun has seen detailed records in the Academy of Social Sciences, and he can be said to know a lot, for the huge impact event that can be called a very high ranking of domestic events in 92, alas...... If you describe it from the direct beginning, the 8.10 stock madness of '92 probably started with this announcement in his own hands.

The so-called 8.10 share madness is that on August 10, 1992, millions of shareholders gathered in Zhonghai City and there was a huge riot, which created another large-scale "people's movement" in China after the first year, and the impact of the incident on the subsequent development of the domestic stock market can be called huge.

According to Liu Xun's understanding, the abnormal popularity of the domestic stock market is the cause of this large-scale stock madness, of course, most of the reasons are attributed to the government.

At the beginning of the matter, because of the large number of shareholders at that time, the number of new shares issued in 1992 had already been determined, and there were clear figures from the central government to the stock exchanges, but how to sell these stocks made the government hesitate. There were only a few new stocks totaling 500 million shares, but there were 1.5 million people who wanted to buy them, because the number of shareholders at that time was already as high as 1.5 million. Needless to say, this is a situation of "more wolves and less meat", and the officials of this system, from top to bottom, are very difficult and do not know how to solve this situation of more wolves and less meat.

The leading group of the securities market composed of a group of officials can be regarded as painstaking, they came up with four methods, let the "Financial Morning Post" publicize, and the people discuss and decide the final method to be adopted, this activity has already begun before the Spring Festival, but at that time, Liu Xun has no time to pay attention to the domestic stock market, and is busy with Cisco affairs in the United States.

In fact, everyone knows that this kind of discussion will not have a result, nearly a million shareholders, more than 10,000 people are arguing around, how can a result be speculated. The government originally wanted to balance the interests of all parties, but the shareholders wanted to make money, the securities issuers wanted to profit from it, the bank workers wanted to "get the moon first," and even the police wanted to take the opportunity to get a vote.

After two months of pulling like this, it still couldn't be balanced, and the problem returned to the leading group, which led to the leading group making a mistake, and they finally picked up the old method of 1991 and used it again, and the core link was to sell the "new stock lottery form".

To put it simply, if you want to buy a new stock, you have to participate in a lottery; If you want to participate in the lottery, you need to buy the "IPO Subscription Form"; If you want to buy a "subscription form", you must go to the designated place with your ID card and queue up. One certificate buys ten forms, and one of the ten forms is signed.

The decision-makers at that time may have had a good starting point, or they were trying to let more people get the benefits of stocks, rather than making stocks just a game for the rich, and the decision-makers at that time may have been motivated by such considerations, so they followed the method of issuing shares by public lottery in 1991, and the method of public lottery was to completely face the market and the masses, but the decision-makers at that time obviously underestimated the enthusiasm of the masses and the greed that existed in the institutions.

In fact, after the sharp rise in the stock market in 1991, buying stocks has become a well-known way to make a fortune, and investors' enthusiasm for new stocks has reached a point where it is impossible to increase.

According to the 1992 announcement of the issuance of new shares announced at that time, it said that everyone can use ten ID cards, one ID card to buy a table, a table for 100 yuan, these simple mathematical calculations, anyone will calculate it.

Spend 1,000 yuan to buy 10 tables, the winning rate is 1 in 10, and you should win one out of 10 if you buy 10. Even if it is calculated according to one kind, that is, each shareholder may buy at least 1,000 shares of stocks, 1,000 yuan of stocks, according to the price-earnings ratio of the issue at that time, at least one or two thousand yuan, a good forty or fifty thousand is possible, buy a watch for 1,000 yuan, and then spend 1,000 yuan for 1,000 shares, it will not be long before there will be at least ten times more profits, such a big profit, who is not crazy about it? With a little bet, you can fight for at least 10,000 yuan in the identity of a household, so the shareholders across the country are crazy, and in the end, the crazy factors are concentrated in Zhonghai City.

So, the cause of the madness was buried.

Liu Xun remembers that when he was studying at the Academy of Social Sciences, he saw a data, that year, as soon as the announcement of the China Shipping Stock Exchange came out, the China Shipping Post Office was immediately flooded with snowflakes flying ID cards, the largest of which was an express mail package of 17.5 kilograms, which contained 2,500 ID cards.

According to the statistics at the time, there were about 600,000 permanent residents in Zhonghai at that time, and after this announcement was announced, 1.5 million people poured in at once within two days, and at the same time, it also gave rise to many side businesses that relied on reselling tickets and attracting people to Zhonghai.

The queue in the early stage was okay, although more than one million people gathered in the stock exchange of China Shipping to line up, but before the official sale, there was no big mess, and it was still relatively orderly.

The real riot began brewing on August 9, and on the morning of August 9, the ballot tables began to be sold on time at the stock exchange in Zhonghai City, but unlike expected, in just two hours, the stock exchange, which claimed to be going to sell 5 million ballot tables, announced that the sale was completed, and all the windows at the sales points were closed.

Millions of people rushed to the city, waiting for two days and two nights, but few people bought the lottery form, and some people broke the government personnel on the spot to embezzle the purchase warrants by taking advantage of their powers, and at this time, the anger quickly spread all over Zhonghai, and people who could not control their emotions flocked to the city government like a tide, and soon, all the major roads in the center of Zhonghai were paralyzed, shops were smashed, police cars were burned, and the government dispatched a large number of riot police and brought in high-pressure water cannons.

In this way, the first evil ** in China's stock market broke out unexpectedly. It was not until the early morning of the 11th that the Zhonghai Municipal Government urgently announced that it would issue an additional 500,000 subscription application forms, and the mayor of Zhonghai City personally made a televised speech that night, and the situation gradually subsided.

The investigation after the incident showed that there was a collective fraud in the sale of the lottery form, involving 4,180 people in the financial system alone, and the average private purchase at each sale point reached 44.6%. Moreover, many people in the know believe that the truth should be much higher than that.

The fraud dealt a heavy blow to investor confidence, and in the following four days, the stock markets of both places fell sharply, with the Shanghai Composite Index falling by as much as 45%, almost half. The Zhonghai incident vividly illustrated the gray, ambiguous and barbaric side of China's early stock market, which directly led to the birth of the securities management agency. Liu Xun remembers that it seems that after only two months, the Securities Commission of the State Council was announced, and the iron-fisted vice premier himself served as the director, and its office was the China Securities Regulatory Commission, or China Securities Regulatory Commission for short, which became the highest direct management authority of China's stock market.

It was about when he saw that Liu Xun had been frowning and thinking about it when he got the fax announcement, and he didn't speak for more than ten minutes, Lao He couldn't help but feel a little uneasy, "Xun Shao, what's wrong, is there anything wrong with this announcement?" ”

"It's a big problem," Liu Xun smiled bitterly, "This announcement may cause a big problem, Zhonghai City, something big is going to happen." ”

Lao He is relieved, there is no big thing and he has nothing to do with it, the more shareholders gather, the better the business of his market display, Zhonghai City has gathered a lot of people at this time, it is conceivable that in the past two or three days, there will definitely be more people, so that his stock market shows please, naturally has a larger market.

"I thought Xun Shao was also interested in this public offering." Lao He touched his head.

"The muddy waters of this stall, let's not mix it well, Uncle He, if you are interested, you can try it, the profit is still very considerable."

As soon as Liu Xun said this, Lao He immediately became interested, and it was a good thing to be able to get Liu Xun's guidance, in his opinion, Liu Xun had a little golden magic. Before, he operated the market display under Liu Xun's reminder, each of which has a profit of several hundred yuan, which can be described as a huge profit, and made a lot of profit in just a few months, not only earned back the loss in the octagonal mouth, but also made a lot of money, but after all, this thing is not monopolized by him alone, and now, there have been other businessmen who have found the huge profits here, and as a last resort, he has to reduce the price of sales to seize the market, so that the profit has naturally dropped a lot, Originally, he was ready to concentrate on operating the land certificate, but now he heard Liu Xun say that the stock market can also intervene this time, and Lao He immediately became interested.

To tell the truth, Lao He is a person who likes to play stocks very much, but the octagonal incident let him know that he is not the material for playing this thing, and his own self-control is relatively strong, so although he has been operating a market monitor recently and has been dealing with stock market investors, he himself does not own stocks.

However, this time there is Liu Xun's exit, and the impact on him is naturally different, plus he himself judges that it is profitable this time.

"If Uncle He is interested, he might as well play big and hire thousands of people to go to Zhonghai to queue up to buy lottery forms to buy shares, according to my estimates, he should be able to make a lot of money."

Liu Xun said and smiled slightly, the reason why he said this was because he suddenly remembered that in another time and space, a person surnamed Tang did this, as soon as the announcement of the issuance of new shares in Zhonghai City was introduced, he immediately spent money to invite 5,000 people to take the train from Urumqi to Zhonghai City to queue up to receive the subscription lottery form, each of these people has a small wooden stool, queue up for 50 yuan a day labor fees, a row is 3 days, the lottery table received is replaced with the original shares, so that Tang Xinwan made a lot of money, after that, In the future, he became famous among the bookmakers, and Lund began to rise.

As soon as Liu Xun said this, Lao He really moved, "Xun Shao, in this way, can you really make money?" "But after Lao He asked, he knew that he had done more, and if Xun didn't open his mouth, he was naturally sure.

"Naturally, you can make money," Liu Xun said and turned to Cheng Yu and Jiang Xuewei, "Sister Cheng Yu, Sister Yu, if you two have spare money, you might as well take a few million to give to Lao He and Liu Zejun to operate, and when the time comes, you will earn two or five more." ”

Seeing that Liu Xun pulled Cheng Yu and Jiang Xuewei, Lao He was more relieved, but then Liu Xun's voice changed, "Uncle He, although I can make money this time, I am reluctant to interfere, I feel that Zhonghai City is going to have a big incident this time, millions of shareholders gather in Zhonghai, if one is not good, it will be a big mess, if you really want to get involved, it is better to hire someone as soon as possible, as soon as the subscription is over, immediately withdraw from Zhonghai, save being implicated." ”

Lao He didn't say anything yet, but Cheng Yu opened his mouth first, "Xiao Xun, you have been saying just now that there is going to be a big incident in Zhonghai, what is the matter?" Surely you are not sure? ”

Cheng Yu's tone was unusually serious, even Liu Xun could hear it, and her voice was slightly anxious.