Chapter Seventy-Five: Convincing the Alliance

Zhao Hongbing said: "Boss Qian, there is no market that only rises and does not fall forever, and I judge that huge negative news will come soon." If we don't prepare to throw the goods out in advance, I'm afraid that we will jump off the building at that time! ”

"Boss Qian, don't say much, believe me, tomorrow it will depend on the actions of my "United Chamber of Commerce" trading seat, let's execute it according to the short plan. Tomorrow in the market, if our people have doubts, you have to explain more. ”

Seeing Zhao Hongbing's resolute attitude, Boss Qian knew that he had thought it through, and immediately said that he would resolutely comply. That's what he's doing. After convincing Boss Qian, Zhao Hongbing called several other bosses one by one.

After doing all this, he began to go to bed, and before going to bed, he went through the analysis process and the basis of this decision again in his mind.

He knows that this will be the first time that the balance of the Huaxia bond market will be truly broken, and there will be many people who will go bankrupt, and he must be cautious and not make the slightest mistake.

If you want to win in the long run, you must have a macro consciousness and see what others can't see.

After the development of Huaxia in recent years, China's treasury bond market has formed a scale and has a considerable situation. In the early stage of the pilot project in the treasury bond market, the momentum of development was still very slow because it could only cross the river by feeling the stones.

Until the inflation incident slowly subsided, the national government developed rapidly, and there was a specialization in the art industry, specializing in learning advanced experience and knowledge. In order to allow the market to grow healthily, the Chinese government sometimes has to use public power to intervene in the exploitation of loopholes in the market.

However, from the beginning of the establishment of the market, the government's attitude was very clear, that is, to gradually reduce the intervention in the market, as soon as possible to let the market operate in full accordance with the laws of the market, and manage itself, which was also completed before Zhao Hongbing's rebirth.

This is also the point that all financial people, all business people, want to achieve.

However, the promotion of market-oriented policies has not been smooth sailing. Some people have made their first pot of gold, taken advantage of the immaturity of the market to make a small fortune, tasted the sweetness, and continued to make a lot of money by taking advantage of the immature market.

Desperately trying to block the normal changes and processes of the market, these people often have some background and are well-informed. They know that once the marketization is fully realized, the power in their hands will be greatly reduced, and it is completely incomparable with the current one.

These people do not dare to oppose the realization of marketization, knowing that this is the trend of the times and cannot be stopped. However, they will start from other aspects, using the large population base of Huaxia and the weak foundation as an excuse, proposing that the financial market should not be too fast, but should develop slowly and adapt to everyone.

Although this was opposed by those who advocated the realization of marketization as soon as possible, there has always been a debate in Huaxia about whether or not to recall the process of marketization.

According to Zhao Hongbing's analysis and judgment, the root cause of the balance market to be broken this time lies in the debate on the speed of the marketization process.

In recent years, due to the rapid development of the economy, the special price has also risen rapidly, and there has been a certain degree of inflation, which is a common phenomenon in economic development. However, the government bonds issued in the early years were priced according to the special price level at that time, and their interest rates were relatively low. As a result, the assets of those who buy government bonds have shrunk to a certain extent.

In order to encourage the people to buy treasury bonds and prevent buyers from suffering losses, the Chinese government adopted a policy of maintaining value and discounting interest within three years. This seems to be a good thing to protect the interests of the people, but in fact it is an act of intervention that violates the laws of the market, and has been opposed by those who advocate speeding up the process of marketization of the financial market.

However, those who oppose too fast marketization advocate that the government continue to implement interest discounts, on the grounds that if the discount is lifted when the market is not yet mature, no one will buy government bonds.

At present, the three-year interest discount policy has expired. In the end, whether to continue to implement the interest discount policy has become a top priority. The Treasury bonds of 1995, which were about to be paid at maturity, were stuck at this juncture.

The 1995 Treasury bonds were issued more than two years ago, that is, at the end of 1992, for a period of three years, and will be paid in 20 days. According to the inflation factor, the income in the three years of 1995 has been 15 percentage points lower than the bank interest. That is, the holder's assets have shrunk by fifteen percent. If we buy now, if the government makes up the difference and discounts the interest rate by 15 percent in 20 days, then the 1995 treasury bonds will immediately appreciate by 15 percent.

More importantly, if the interest rate is discounted in 1995, it means that the treasury bonds will continue to maintain the interest discount for at least three years in the future, and the treasury bonds in the hands of the holders will greatly appreciate. The market will inevitably rise sharply, and otherwise, the market will definitely fall sharply.

All the current actions of the market revolve around whether the interest discount policy continues. According to Zhao Hongbing's judgment. The Chinese government will not continue the interest discount policy, the reason is that marketization is the policy that the government has always adhered to.

If the interest rate discount continues, it means that it will not be completely marketized for at least three years, and it will inevitably cause attacks on Huaxia by the international financial circles, and it will not be possible to achieve the goal of integrating Huaxia's financial market into the world market as soon as possible. More importantly, incomplete marketization will greatly hinder the development of China's economy.

Whether Zhao Hongbing called Zhou E, vice minister of finance of Huaxia State, or invited Li Xudong, executive deputy director of the Guangdong Provincial Department of Finance, to dinner, they were actually testing the attitude of these people in the system towards marketization.

Based on all the information, Zhao Hongbing concluded that this time the Chinese government will not continue to discount the interest on the 1995 treasury bonds, so the market will fall sharply, and he must short.

After clearly sorting out his thoughts again, Zhao Hongbing settled down and fell asleep with confidence.

Ma Qingyun also came to the Shenzhen market in the past few days, ostensibly for the real estate business of Longfeng Company, but in fact he also came to the treasury bond market.

Ma Qingyun didn't play treasury bonds or other finance before, and in comparison, he preferred profiteering industries such as real estate. Therefore, he did not set up a financial company, but only invested some money in a few bosses who invited him to engage in finance, and he never asked about the operation. At the end of the year, it will be enough to give him dividends.

However, Ma Qingyun is also a business wizard, don't look at him not to participate in financial operations, but he is no stranger to financial knowledge, and knows all the operating skills and insider stories inside. He used to just learn financial knowledge as a hobby. Unexpectedly, it came in handy in dealing with Zhao Hongbing this time.

Ma Qingyun can't forget that Zhao Hongbing can grow rapidly in this era empty-handed, and he is about to become his biggest competitor. He had always wanted to cooperate with the mayor of Shenzhen, but he was rejected, and it was Zhao Hongbing who defeated him, this shame he remembered deeply, and he gritted his teeth with hatred.

Since he set the policy of defeating Zhao Hongbing, Ma Qingyun has been studying where is the direction that can knock Zhao Hongbing down with one blow. When he learned that Zhao Hongbing was also speculating in treasury bonds in the southwest market, he felt that the opportunity had come.

Ma Qingyun knows that in China's immature treasury bond market, the main tycoons are people with deep backgrounds like him. They use their connections to make a lot of money in this market, and they don't know how much retail money has gone into their pockets.

With Ma Qingyun's keen sense of money and human nature, it is impossible for him to let go of such a money-making opportunity in the current financial market. Mainly his father felt that this market was immature and prone to problems, and he was not allowed to participate. He had no choice but to obey.

Now, in order to defeat Zhao Hongbing, a potential opponent, he can no longer take care of his father's constraints.

On the afternoon of the day when Zhao Hongbing convened several other big bosses of the United Chamber of Commerce to discuss countermeasures, Ma Qingyun also happened to convene Qin Fenjin and several other bosses who came from the north to speculate on treasury bonds at the Longfeng Hotel in Shenzhen City to discuss countermeasures.

Dragon and Phoenix Hotel, as soon as you hear the name, you know that it is Ma Qingyun's asset. Formerly known as China Commercial Hotel, this hotel is the premier luxury hotel in Shenzhen. Due to poor management, it was sold to Longfeng Real Estate at a loss every year. After Ma Qingyun took over, in order to recover the cost as soon as possible, at the beginning, he also operated singing, dancing, entertainment, eating, drinking, prostituting and gambling.

Later, once his father came to Shenzhen to investigate, in order to save face for his son and help him do business in the future, he deliberately chose to live in Longfeng Hotel. Unexpectedly, the old man refused to stay after only one night, and called Ma Qingyun to scold him.

It turned out that the young lady raised in the Longfeng Hotel actually called the prostitution call into the old man's room at night. But the secretary was not there at that time, and it was the old man who answered the phone himself. As soon as he heard that it was actually this kind of call, he was so angry that he immediately wanted to change the hotel, but the secretary barely stayed for one night.

The old man asked Ma Qingyun to stop these messy businesses immediately, otherwise he would immediately order the Shenzhen Police Station to seal them up.

The old man scolded Ma Qingyun and said that the ancestors of the Ma family had never done this kind of immoral business for eight generations, but he didn't expect that his next generation would actually do the business of eating, drinking, prostituting and gambling.

He warned Ma Qingyun that if he did this kind of business again, then he would simply not do any business. He will shut down all Ma Qingyun's business, and then confine him to his home and raise him.

Ma Qingyun knows that the old man has never been the same, and he will never get angry and talk about it.