Although Luo Feng was very curious about how Chen Mingyu chose these two stocks, of course he didn't mean to ask his doubts directly, so he smiled at Chen Mingyu implicitly.

Since Luo Feng didn't ask, Chen Mingyu naturally wouldn't take the initiative to explain, so he also smiled back at Luo Feng.

Fang Qing was also very surprised by the two stocks that Chen Mingyu recommended to Guo Peng, she was not as reserved as Luo Feng, so she asked directly: "Mingyu, you have a lot of research on stocks?" ”

Chen Mingyu smiled slightly and said, "It's not that I have much research, but I just have a little understanding." ”

A cold smile appeared on the corner of Fang Qing's mouth, and he said, "Really? So what do you think of our domestic stock market? ”

Luo Feng also wanted to hear what Chen Mingyu had on this topic, so he looked at Chen Mingyu with interest.

Guo Peng felt that Fang Qing was asking such a question, and seemed to be a little aggressive in questioning Chen Mingyu's meaning, so he said: "Sister Qing, we haven't even eaten a bite of the food, why are we talking about such a high-end topic?" Let's talk while eating. ”

Fang Qing said disapprerovingly: "What kind of advanced topic is this, in developed countries in Europe and the United States, the financial industry is just an ordinary industry, but our country started too late in the financial industry, and many people don't understand it, so they feel that this industry is very mysterious, and even very high-end, which is completely fuss." Anyway, it's idle now, so we might as well just talk about it. Mingyu, you don't mind, do you? ”

Although Chen Mingyu was a little disdainful of Fang Qing's high-minded attitude, he naturally didn't show it at all on the surface, and said with a smile: "I don't mind." ”

Fang Qing showed a smile and said, "Then can you answer my question just now?" ”

Chen Mingyu didn't want to show off his knowledge in front of Luo Feng and Fang Qing, after all, he had just met them today, and it was not interesting to talk to the two of them so much. But now, Fang Qing asked all the questions directly, and his attitude was quite arrogant, Chen Mingyu was ready to talk about this topic seriously, killing Fang Qing's arrogance!

Chen Mingyu said: "Okay, then I'll briefly say a few words of my thoughts, if what I say is wrong, please don't laugh." ”

Luo Feng said with a smile: "Let's just chat casually, what we say is our own thoughts, and it has nothing to do with right or wrong." Mingyu, you can say whatever you want. ”

Chen Mingyu bowed slightly to Luo Feng, he still had a good impression of Luo Feng, and then deliberately looked at Luo Feng and said: "I think our country's stock market has been a deformed product from the beginning, which is mainly determined by the listing mechanism. ”

Luo Feng asked, "Why do you say that?" ”

Chen Mingyu said: "Since the 'Shenzhen call warrant incident' this summer, some economics experts have found that financing through the stock market may be a strategic choice to invigorate and increase state-owned enterprises. This idea of economists was finally affirmed by the policymakers. Therefore, in order to regulate the stock market and find a way out for state-owned enterprises that had difficulty in obtaining financing, the central government set up a new China Securities Regulatory Commission, and the power to issue shares was 'handed over' to the China Securities Regulatory Commission by the Shanghai and Shenzhen stock exchanges. In addition, the above is also preparing to implement a comprehensive support for state-owned enterprises of the 'index quota system' listing mechanism, that is, the central government determines the listing quota, and then according to the system to distribute to the ministries and commissions, according to the geographical distribution to the provinces, municipalities and autonomous regions, and the provinces, municipalities, autonomous regions and departments after obtaining the listing indicators, but also according to their own system to distribute. Of course, the vast majority of these listing indicators are allocated to state-owned enterprises in various places. ”

Chen Mingyu's words made Luo Feng and Fang Qing dumbfounded!

Both of them know that the CSRC was just established in October this year, and it is less than a month away! The incident was reported by the media at the time, and it is not clear that Chen Mingyu understands this. However, as for what Chen Mingyu said later, how the top management is going to allocate the listing indicators, the two of them have not heard any news at all!

Luo Feng and Fang Qing are also very well-informed people in Qingjiang City, they still haven't heard of this matter, Chen Mingyu, a small criminal police officer of the county public security bureau, can understand the country's major decisions in the financial field so clearly, and he said it so conclusively, it doesn't seem like he is talking at all, which has to make the two of them wonder, whether Chen Mingyu has any special background at the top!

Guo Peng didn't pay attention to these situations, and after listening to Chen Mingyu's words, he asked curiously: "Mingyu, do you think our city will allocate the listing indicators to Qingjiang Iron and Steel and Jiangbei Power?" ”

Chen Mingyu said euphemistically: "As far as I know, in our city, these two companies are very large, have many employees, and are also quite competitive enterprises, but in the past two years, they have been dragged down by triangular debts and have suffered from development. Now, although the triangular debt has been cleared to a certain extent, both companies are still facing financing difficulties. If they don't inject money into them as soon as possible, they will be at risk of going out of business, and when the time comes, so many workers will not be able to work, isn't it a big headache for the city leaders? On the other hand, if a large amount of money can be injected into them and the mechanism can be adjusted, it is very promising to revitalize these two companies! In the current situation where banks are tightening their monetary policies and it is difficult to apply for loans, listing and financing should be the most suitable way. Therefore, I think that once the city gets the listing index, it should give priority to these two companies, so I recommend that you buy the shares of these two companies now, and wait until the listing is successful before selling, which will naturally make a lot of money. Of course, nothing is absolute, investing in stocks is also a game, since it is a game, there is a possibility of loss, so I can only give you a suggestion, as for whether to buy their stocks, how much to buy, this is up to you to make your own decision. ”

Guo Peng said: "I understand this, in these years, in addition to the approval documents, how can there be any other business that is sure to make money without losing money?" Since these two companies have such a big chance of going public, then of course they are buying and buying now, not to mention! Cousin, Sister Qing, do you two want to invest a little? ”

Luo Feng and Fang Qing had the same thoughts, they were not concerned about these two stocks, but on Chen Mingyu's background and what inside information Chen Mingyu still knew.

"Hehe, if you have the opportunity to meet a buyer, then you must invest a little." Luo Feng said perfunctorily, and then asked Chen Mingyu very curiously, "If you can use this way to make state-owned enterprises go public and raise a large amount of money, it can be regarded as a good way to save state-owned enterprises, why do you say that this is a deformed product?" ”

Now that the conversation has begun, Chen Mingyu no longer has scruples, and said eloquently: "What I said is that such a stock market is a deformed product. Of course, for some state-owned enterprises with excellent qualifications but lack of funds, listing and financing is indeed a good prescription. However, what about those enterprises with poor qualifications, backward management mechanisms and poor market channels? Even if the company raises a sum of money after going public, if the shortcomings in the bones of these companies are not removed, what role can this money play in the end? When the money is spent, will it fall into the original loss situation again? And what about the investors who paid for these stocks? ”

"The function of the stock market is to finance enterprises in order to be more conducive to the optimal allocation of social resources. However, if we regard the stock market as a way to solve the difficulties of state-owned enterprises, rather than as a financing channel for enterprises with limited resources to flow to enterprises with the last efficiency and the most capable entrepreneurs, this kind of thinking of developing a general ticket market for the sake of helping the poor and relieving the predicament of state-owned enterprises is unhealthy. Since it is unhealthy, it will naturally leave sequelae, is this a product of deformity? ”

Luo Feng's thinking had completely followed Chen Mingyu's words, and as soon as Chen Mingyu's words fell, he almost subconsciously asked: "Do you think that the above should not adopt this kind of index quota to let state-owned enterprises go public?" ”

Chen Mingyu said with a smile: "I don't mean that this kind of index quota should not be adopted to let state-owned enterprises go public, but I think that when governments at all levels allocate listing indicators to enterprises, they must first conduct a careful and careful review of those state-owned enterprises that are going to be listed, and select some enterprises with good qualifications to be listed. On the contrary, the pit is dug bigger and bigger. In addition, in addition to supporting the listing of state-owned enterprises, governments at all levels can also allocate some indicators to those private enterprises with good qualifications and potential to go public, and after these private enterprises have developed and grown, they can raise money to acquire state-owned enterprises and take the road of 'saving the country from the curve'. ”

Luo Feng was even more surprised and asked, "Mingyu, did you come up with these ideas yourself?" ”

Hearing Luo Feng's words, Chen Mingyu couldn't help but be stunned, and then he realized that the views he said seemed to be a little too advanced. If we look at it later, these views he mentioned are actually some very simple views, and anyone who has studied financial economics knows them very well.

However, in today's era, these words come out of the mouth of such a small criminal policeman as him, it is really shocking!

So, Chen Mingyu smiled lightly and said: "Hehe, these ideas are not something I came up with, I often read some financial magazines and learned from some of the above review articles." ”

Luo Feng thinks that Chen Mingyu's reason is just a pretext, he usually pays attention to financial magazines very much, and has never seen similar articles. Unless it's some high-level internal reference, there may be an article on this. However, the internal references are not publicly released, but are only presented to party and government leading cadres at all levels for reference, and ordinary people cannot see them. The higher the level of internal reference, the higher the level of confidentiality!

And if Chen Mingyu can see such a high-level internal reference, it is obviously a character with a strong background!

After thinking about it like this, Luo Feng couldn't help but think even more highly of Chen Mingyu!