Chapter 14 Joint Discussion

"Alas, if I tell you to say it, you can say, come, Secretary Ding, you don't have to remember it, just chat casually? It's also so-called to say something wrong. Secretary Bao seemed to see Feng Sizhe's concerns, so he smiled and asked Ding Quanli to put away the notebook, and then looked at Feng Sizhe with sincere eyes.

Feng Sizhe saw Secretary Bao put on this posture, and he also knew that he couldn't say anything today, and the purpose of his coming was to show his talent, and at the same time provide some ideas for the exhibition of the national securities industry to avoid detours.

"Well, then I'll try to talk about it, like you just said, and you can't blame me if I'm wrong." Feng Sizhe looked at Secretary Bao with a sneer.

"Well, I know, you can rest assured." Seeing Feng Sizhe vaccinate the vaccination so strictly, Secretary Bao became more and more curious about what Feng Sizhe would say next.

After clearing his throat, Feng Sizhe finally opened his mouth. "Secretary Bao, economic construction needs a lot of funds, in the opening up to attract foreign investment at the same time, open the domestic capital market is also urgent, the establishment of the stock exchange is an imminent thing. That's right, for securities, for the word stocks, for many people who came out of the thinking of the Cultural Revolution, the establishment of joint-stock companies, the establishment of company stocks, the establishment of stock exchanges, is simply a fantasy, this is simply the road of capitalist society, for this reason the first problem arises, that is, the concept. Things are unfolding, and if society is to move forward, old ideas must be changed. ”

As soon as he heard Feng Sizhe throw out the word concept first, Secretary Bao nodded very much, "Yes, it's good, continue." As a pioneer of reform, Bao Jingguo also knows very well that although the republic has not been established for a long time, it has experienced a lot of things, so that many people's current thinking is to seek stability, and seeking stability is to be cautious, but excessive caution will sometimes naturally hinder the development of society, and this concept will not change many things naturally cannot go on, which he knows very well.

"Okay." Feng Sizhe also nodded, and at the same time began to conceive of the language structure in his mind, "I think there must be some controversy between the central government and how to introduce foreign banks and whether and how to establish a stock exchange, but I want to say that the stock exchange must be built." The answer is very simple, the country shows everything as the center of the economic exhibition, paving the way for the economic exhibition, then the stock exchange will be the inevitable product. And I believe that as long as we can unify our thinking and coordinate our work, establish laws and regulations, such as strict company laws and securities laws, and promote and supervise them together with the legislature, regulators, and academic institutions, it will not be a big problem......"

Feng Sizhe relied on later generations to give substantial advice on some of the shortcomings of the stock exchange in 9o. Of course, it is not so much a suggestion as a discussion with Secretary Bao. Feng Sizhe is also very convinced, Secretary Bao himself is like a natural economist, whenever Feng Sizhe puts forward a good idea, Secretary Bao will immediately grasp the key, and immediately find out the corresponding solution to the problem, it can be said that after a long talk with Secretary Bao, Feng Sizhe himself also benefited a lot, after all, he did not pay much attention to the Shencheng Exchange in later generations, and he could not see some deep problems, and now after listening to Secretary Bao's words, he thanked himself for growing a lot of knowledge.

After a long talk with Feng Sizhe, Secretary Bao was also deeply touched, and many of the new ideas and ideas put forward by Feng Sizhe were immediately recognized by him, so that his mind was a flash, and many questions that he had not thought about before had the best answers in an instant.

"Hahaha, Feng Sizhe, it's not simple, the double master's degree in economics graduate students at the University of Cambridge are thoughtful and thoughtful." After a long chat with Feng Sizhe, Secretary Bao said with some feelings.

"Secretary Bao praised it falsely, these are just what I saw abroad, and then I heard my mother talk about it. Oh, my mother is an associate professor of economics at the University of Cambridge, and now she also runs a small company, as the so-called practice brings the truth, in the process of doing business, she lamented the problems of some foreign exchanges, for example, there are many problems of black box operation in foreign exchanges, and there is not enough transparency, so that many companies that want to invest and want to expand their business here have to have a conceptual attitude. Feng Sizhe put all the credit on his mother when he laughed, and at the same time, it also showed that his mother has her own company abroad, so that Feng Sizhe will spend more money in the future, and he will not let anyone criticize him. In fact, even if he doesn't say Bao Jingguo, this point is clear, but how can Bao Jingguo, who is about to become one of the leaders of the country, not be unclear about the situation of various families in Kyoto.

It can be said that with Feng Sizhe's experience of being reborn for more than 20 years, making money now is a very simple thing for him, for example, at the moment, not to mention how much wealth can be created for people in oil futures once the Gulf War breaks out, just talking about stocks here, Feng Sizhe told him very clearly in his memory that on May 21, 1992, it was the Shencheng stock market that released the limit on stock price increases, and in three days, the stock price soared, and the index was 1oo points from the base index on December 19, 199o. It soared to 1,429 points, and the Shanghai Composite Index soared 1,329% in a year and a half. Vacuum electronics rose to more than 25oo per share, and almost all five new stocks such as Yanzhong Industrial rose 3ooo%. This is an absolute good opportunity for Feng Sizhe to make a lot of money.

At the same time, Feng Sizhe knows better that such an opportunity will only last for five days, and five days later, that is, after May 26, the stock will start to plummet, which will last for five months. This was the first round of sharp rises and falls, and by August 1992, the stock price had fallen by nearly half. Of course, five days is enough for Feng Sizhe to accumulate his original funds, and now he has no intention of showing himself to the stock market, he is waiting for his mother's war money from the Gulf War.