Chapter 710

Lin's Group? Lin Consortium!

This iconic New York building has not been stable since it was built. On February 26, 1993, a massive explosion in the underground parking lot of the sister building of the World Trade Center in New York killed six people and injured more than 1,000 others, calling it "the most devastating terrorist activity in the history of the United States", forcing the two 110-story towers to close for weeks and causing economic losses of $550 million. On September 11, 2001, two planes hijacked by terrorists crashed into the twin towers of the World Trade Center, and due to the fire caused by the impact, the twin towers collapsed one after another within dozens of minutes.

Before Lin Yu's rebirth, the World Trade Center was being rebuilt, and when the U.S. government announced the estimated funds for the construction, Lin Yu was surprised, 3 billion US dollars, about nearly 20 billion yuan in Huaxia at that time.

It is precisely these high-rise buildings in the United States that Lin Yu wants to build such a super high-rise building in Haidong, and Lin Yu wants to build this building into a landmark building of his Lin family. At the same time, it has also been built as a national landmark.

"Residential buildings are all over 10 floors? Oh my God, aren't the housing prices frighteningly high? A reporter from Japan was very emotional, because he knew that the reason why Japan has built so many high-rise buildings is actually because Japan has a small territory and has to build high points. And now Huaxia has land, they build so high, I'm afraid there are only two reasons, the first is the system planning, the place to live is specially used to live, the second is that Huaxia people generally like buildings, thinking that the height of living can represent status, so the price of buildings with more than 10 floors like this ...... I can't imagine it.

……

"Of course. Since these lands have been contracted to them, our national government generally does not interfere with their activities, so if you have any doubts. So, you can ask the representative of Hong Kong Island, President Fok, and his assistant Miss Lau about it. Okay, so let me move on to the agreement. After the Prime Minister finished speaking, he spoke again.

"The name of the airport is set to be Oriental Airport, the name of the port is set to be Pudong Port, and the stock exchange is Oriental Exchange, and the state will allocate 100 billion yuan at one time, accounting for 55% of the total share capital. Lin Group injected 78 billion yuan, accounting for 45% of the total share capital, and in the future, both airports and ports will be specifically planned by the State Planning and Development Commission. The Oriental Exchange is jointly controlled by Huaxia Bank and the newly established China Securities Regulatory Commission, and in order to meet the needs of the country's economic development, we will develop the first batch of 10 private financial institutions to register as an agent for people across the country who want to invest in stocks. These financial institutions will first come up with 100 million yuan for registration, and only in this way can the interests and confidence of the majority of shareholders be guaranteed......"

The prime minister continued, "At the same time, according to the needs of development, Haidong Baoshan Iron and Steel, Sichuan Changhong Electronics, Jingcheng XX Company, Ludong XX Company...... and other 25 companies will be the first batch of companies to be listed for financing expansion. Among them, Haidong Pudong Development Zone will also be divided into four sectors for listing. They are Pudong Real Estate Construction, Pudong Automobile [Lin Yu and Hongqi cooperated], Pudong Hi-Tech [Lin Yu and Hong Kong Island tycoons jointly established electronic and electrical corporation], Pudong Development Bank [Standard Chartered Bank established a branch in Haidong Pudong], the state guarantee. We will always supervise the financing behavior of each company, and absolutely do not let the majority of shareholders lose money inhumanely......"

The prime minister is talking, and the reporters are more and more frightened the more they listen. You must know that since 1953, the country has never talked about stocks and securities again. But now the state has spoken out on this topic in such a high-profile manner, which is simply thrilling.

"If the country's economy wants to develop, then we must first let some of the people get rich first, and whether it is the development of Pudong or the establishment of a stock exchange, these actually have only one purpose, that is, we understand a truth, only with money can we develop education, with money can we not worry about food and clothing, and with money can we let the young have education and the old have support."

After the premier's speech, it was the speech of the president of Huaxia Bank.

"Over the years, since the implementation of reform and opening up in the party, the achievements of our country are obvious to all, and the people are rich, our bank will have money, money can not be put away, otherwise it is a waste, so, after all of us discussed, unanimously decided to carry out an investment behavior, that is, to invest in Haidong Pudong Development Group, the first capital of 30 billion yuan will account for 9% of the total share capital of the development group, and it may continue to participate in the future...... I know that everyone is scared and wait-and-see, so our National Bank will take the lead. Don't think that you don't have a lot of money, but you know, even if we have one share, then how many shares should we have? The development of Pudong has become a foregone conclusion, and there may be no value-added meaning in the early days, but once Pudong is developed and large foreign companies are stationed, then, I dare to guarantee that today's share will bring at least dozens of times the benefits to everyone, and I will not say much else. ”

After the president finished speaking, the newly appointed chairman of the China Securities Regulatory Commission and the vice minister of finance immediately continued: "We are not advocating everyone to speculate in stocks, after all, the stock market is risky, once you decide to participate, then you must also be prepared to fail, my meaning is very simple, we can only ensure that we maintain a good environment in the stock market, but can not guarantee that everyone has money to make, and private stock speculation is more inconvenient, I suggest that everyone is best to invest money in authentic and professional financial institutions to take care of the best, one is safe and convenient, and the other is that they are professional enough." , even if you lose money sometimes, you will definitely not be as passive as a personal stock trader, okay, I'm done. ”

The words of one president, one chairman, and two people are in stark contrast. However, everyone understands that these two people mean that investing in business is a good thing, but don't indulge in it, let alone dream of getting rich overnight, and have a plan to carry out value-added activities.

Of course, in fact, today everyone who is obedient is rich, and it can even be said that they are rich. In particular, those who bought a large number of shares of Pudong Development Group became the first billionaires in China in the future, of course, these are later stories.

Huo Zhenting also sat on the rostrum, sitting next to Liang Shiqi. But it wasn't until the leaders finished speaking that he took the microphone and spoke...... (To be continued......)