Chapter 134 - The Securities and Futures Commission Comes to Seek Advice

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"", or search in Baidu: Sanlian Literature Network] The old man's kung fu is a school of southern boxing, the basic characteristics are that the portal is tight, the action is compact, the technique is dexterous, and the center of gravity is low, reflecting the characteristics of small fighting, clumsy fighting, more fighting, and faster fighting.

As the name suggests, southern boxing is mainly a popular boxing technique south of the Yangtze River, people in Fujian and Guangdong, the body shape is relatively thin, and the strength is relatively weak, so special attention is paid to the stability of the lower plate, pay attention to the flexibility of footwork, and there are many twisting movements, such as riding dragon steps, turning steps, cover steps, etc., so that the body can be flexibly turned.

The upper limbs of Nanquan are dense and fast, extremely varied, sometimes the lower limbs are not moving, and the fists can be hit several times in a row, striving to be fast and dense, and win quickly.

When exerting force, most of the southern fists have to shout and exhale to increase the explosive power. And because the southerners generally have shorter limbs, they pay attention to close fighting, have more short punches, and give full play to the advantages of one inch short and one inch dangerous, which is different from the big opening and closing in northern boxing.

There are many pictographic boxing in the Nanquan boxing system, and the overall style is steady, strong, strong, less jumping, more short punches, good at plagiarism, and cultivating strength with sound and qi.

Powerful and fast, dexterous and dense, rigid and soft, the upper limbs and hand shapes are particularly varied. It is not as majestic and simple as Shaolin boxing, stretching and generous, but its fierce spirit and mighty momentum are self-contained.

\\/\ Although Fan Wuxian is a northerner, but in terms of body size, it is only medium, only one meter seven seven, he himself also feels a little strange, his own realm, coupled with both internal and external cultivation, how can it be automatically locked to this height is not long, but his teacher Fan Tianlan once said that growing too tall is not necessarily a good thing, and the internal martial arts originally has the function of regulating the balance of various functions of the body, Fan Wuxian looks like this, and he is very balanced in all aspects, but he does not have to deliberately pursue how tall he is.

His bodyguards are quite tall, each of them exceeding one meter and eight. But when it comes to kung fu and IQ, they are all far from the same, so Fan Wuxi feels that he is already very satisfied with his body type.

"Boxing pays attention to five in three urges, five in is, hands and eyes together. The eyes and the heart are together, the shoulders are connected to the waist, and the body is connected to the steps. Up and down. The three urges are, hand urging, step urging, and body urging. The old man demonstrated to everyone over and over again, while explaining.

"Dafan steps out of the box, to turn with the body, with the waist of the fist, to close the abdomen and accumulate strength, first receive and then send. The technique must be flexible, the footwork must take root, and the technique and footwork must be coordinated. When exercising. To the hand, the eye, the body, the step, the eye with the hand, the mind in the eyes, the gesture in the hand. \\/\ so that it can be integrated and done in one go. Fan Wuxian listened attentively.

Carefully compared, tasted the old man's teaching, and felt that it was really useful. By the way, I glanced at a few Japanese students who were practicing, although they were also very serious, but when it came to these advanced places, they were a little at a loss, sure enough, Chinese traditional culture for boxing, Fan Wuxian thought, if you take your own internal exercises to them to practice, they will definitely be 100% crazy.

"Alright. That's all for today. You can come here in the morning and evening to continue practicing. The old man looked at the time for a moment, and then said to everyone.

The crowd dispersed from the gymnasium. Fan Wuxian saw that the Japanese students were getting together, muttering that they didn't know what they were talking about, and they looked at him with a sinister eyebrow as they spoke.

"Spit -" Fan frowned and waved his fist at them before turning to leave.

However, not long after leaving the stadium gate, the phone rang. \//\

"What's the matter?" Fan Wuxi looked at the phone number, it was from the headquarters, so he asked.

"Mr. Fan, someone from the Securities Regulatory Commission is here and wants to see you." The man from headquarters replied. The local people of the Securities Regulatory Commission are here, I'm afraid it's for the stock speculation some time ago, right?

Fan Wuxian hesitated for a moment, and finally decided to see what their purpose was, although the trader was his own person, and the funds were also his own, but there was no illegal operation, so there was no need for him to be afraid of seeing them.

Fan Wuxian drove all the way back to the headquarters of Fan's Investment Group, and sure enough, there were already four visitors waiting for his arrival.

The China Securities Regulatory Commission (CSRC) is the competent authority for the market directly under the State Council, which performs administrative functions in accordance with the authorization of the State Council, conducts centralized and unified supervision over the securities and futures industry across the country in accordance with laws and regulations, maintains the order of the securities market, and ensures its legitimate operation.

This time, he came to the place where he came, a vice chairman of the China Securities Regulatory Commission, and several important cadres, which seemed to be very grand.

After Fan Wuxi met with these people, he found that their attitudes were very enthusiastic, as if they were not here to ask the master, but after thinking about it, he didn't have any handle in their hands.

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"I don't know if Vice Chairman He and his entourage came to our company, what do you have to advise?" Fan Wuxian ordered someone to serve them tea, and then asked with some curiosity.

That Vice Chairman He is already 50 years old, and he is also from an economic background, but he is engaged in securities management in China, and many things that he has learned abroad are not applicable, and they are also more laborious and laborious, and they often do thankless work, and when they are just over 50 years old, their hair is already more than half white, but it looks like it is dyed.

"It was Boss Zhu who instructed us to come over and learn from Mr. Fan." Vice Chairman He said respectfully to Fan Wuxi.

"I don't dare to take this seriously-" Fan Wuxi hurriedly excused himself. Although the domestic securities market is still relatively weak, and the influence of the China Securities Regulatory Commission is limited, it is also a unit directly under the State Council at the ministerial level, and the administrative level is placed here, and the vice chairman of the Securities Regulatory Commission is also at the vice ministerial level.

There are many cadres at the deputy ministerial level of the country and the land, but these cow hairs are cow hair after all, not wool, nor pig hair, but cow hair!

A leading cadre at the vice-ministerial level has lowered his body so much to ask for advice from you, an eighteen-year-old student, no matter how sincere it can be said.

The intention of Vice Chairman He is very clear, that is, to solve the problem of the current stock market downturn.

Since the Shenzhen call warrant incident in the summer of 1992, policymakers have discovered that the stock market may be the best means to save state-owned enterprises.

Economists have also pointed out that raising funds through the stock market is a strategic choice for invigorating and enhancing the strength of state-owned enterprises.

Under these circumstances, the central government set up the China Securities Regulatory Commission in order to reclaim the power of stock issuance from the Shanghai and Shenzhen stock exchanges to the central government.

Since then, China has begun to implement a quota system listing mechanism that comprehensively supports state-owned enterprises, that is, the central government determines the listing quota, and then distributes it to various ministries and commissions according to the system, and to all provinces, municipalities and autonomous regions according to geography.

After the provinces, municipalities, autonomous regions and departments get the listing indicators, they must also allocate them according to their own systems.

The vast majority of these indicators are allocated to local state-owned enterprises. Only a few well-known township enterprises were lucky enough to become the first batch of private listed companies due to the reform effect and the need for symbolic significance, including the Wanxiang Group of Lu Guanqiu in Zhejiang Province and Huaxi Village of Wu Renbao in Jiangsu Province.

In this way, the listing index has become the government's last resort to save state-owned enterprises. In the process of going public, the appropriations or loans granted by the state finance and banks to the enterprises first became creditor's rights, then into equity, and then sold to shareholders through stock issuance.

On the one hand, it has given the state-owned enterprises that have fallen into a desperate situation another chance to breathe, and on the other hand, it has also solved the problem of excessive growth in household savings.

However, this system has made China's stock market a deformed product from the very beginning, and first, it lacks fairness, and it is difficult for those private enterprises that meet the listing conditions and have good operating efficiency to get the opportunity to go public.

Second, the quality of listed companies is obviously not good, and many indicators have been assigned to the largest and most difficult state-owned enterprises in various places.

Third, there are a large number of false statements, and those state-owned enterprises that have obtained quotas do not actually have the conditions for listing, so they have to carry out large-scale and open financial fraud, and achieve the purpose of listing through means such as asset stripping, industrial reorganization, and direct false statements.

Fourth, due to the lack of necessary supervision, there is a large number of power-for-money transactions. All of this has led to the fact that the stock market is the government's ATM, and the shareholders are bleeding old hens, so even after the CSRC made the decision not to issue new shares this year, the stock market has only been bullish for a month, and now it has fallen into a continuous decline.

Boss Zhu, who is in charge of economic work, was naturally not happy when he saw this scene, but the problems of China's stock market are difficult to solve, and the opinions of the so-called mainstream economists may not be as good as those of an old man, and it is impossible for them to come up with a solution.

"Hehe, Boss Zhu, he can't help but think too highly of me." After listening to Vice Chairman He's explanation, Fan Wuxian couldn't help but smile a little bitterly.

The big problem of China's stock market is that it has always been a product of policy needs, and the government needs to circle money from the stock market to save those state-owned enterprises that cannot survive, and this problem determines that China's stock market is a speculative market, and it is impossible to have sustainable investment value like foreign stock markets.

But although Fan Wuxian understands this, he also knows that this matter cannot be solved, since Boss Zhu instructed others to come to the door to ask for advice, he can only give Vice Chairman He some ideas, so that he will not take advantage of the excitement and return home.

Fortunately, Fan Wuxian has a lot of ideas for this kind of thing, and just selling them a few casually is enough for them to be busy for a while.

(To be continued, if you want to know what happened next, please log in., more chapters,