Chapter 449: Xiangjiang Stock Market
Pang Xuelin couldn't stand the girl's gaze, turned his head, and said, "Qingqing, didn't we already talk about it when we were in Yangcheng before?" β
Mu Qingqing's mouth suddenly bulged, and she held it for a long time, but instead of holding back her tears, she sneered.
"What are you laughing at?"
Pang Xuelin looked at the girl with some doubts.
Mu Qingqing smiled like a flower, and said proudly: "Brother Pang, I'm sure now, you really like me." β
"Oh, why do you say that?"
"You didn't dare to look at me just now, if you didn't really like me, you wouldn't let me run over and mess around, and I believe that the reason why you refused to accept me must be a last resort. Don't worry, Brother Pang, I'm still young now, I'll wait for you slowly. β
Mu Qingqing said coquettishly.
Pang Xuelin's face was bitter, and he didn't know how to respond to this girl for a while.
Everyone stayed in their hometown for nearly a week, during this period, Mu Qingqing has been living in Feng Wanying's house, and Feng Wanying has also been here a few times, but each time she can't resist the enthusiasm of the third uncle and three aunts, so she runs away.
Pang Xuelin also took advantage of this time to apply for a Hong Kong and Macao pass, and Lancheng University specially showed a certificate for Pang Xuelin, plus a phone call from Xu Baiqing, which made his Hong Kong and Macao pass extremely smooth, and it took less than a week to get it smoothly.
On July 15, 1993, the group embarked on a journey back to Lancheng.
Feng Wanying decided to stay at home during the summer vacation because she had to take care of her younger siblings, which made Shui Wa a little regretful.
After arriving in Lancheng, the third uncle and third aunt saw the new house bought by Pang Xuelin and Shui Wa and the faΓ§ade room near the entrance of Lancheng University, which really relieved their hearts.
However, the new house has not been able to move in for the time being, Pang Xuelin has found a decoration team to decorate the new house in an all-round way according to the best standards at the moment, and the faΓ§ade has also been redecorated.
The third uncle and the third aunt can only temporarily live in the small courtyard rented by Pang Xuelin and Shui Wa.
It wasn't until August 1 that Pang Xuelin said goodbye to his third uncle and third aunt, boarded the journey to Chang'an with Mu Qingqing, and found Mu Donglai.
"What, Xiaopang, are you going to hire me to go to Xiangjiang to help you speculate in stocks?"
Mu Donglai looked at Pang Xuelin dumbfounded.
Pang Xuelin said with a smile: "Professor Mu, it's not to help me speculate in stocks, the traders are naturally responsible for stock trading, I just want you to help me consult and understand the operation process of Hong Kong stocks." After all, I am a minor mainlander, I need someone to help me sit in the town, it only takes one to two months, and the salary is calculated according to the Xiangjiang side, the daily salary is 300, how about it? β
God, what a minor!
Looking at the stinky boy with a wicked smile in front of him, Mu Donglai couldn't help but complain secretly, this little guy is even more demonic than a thousand-year-old monster, if he hadn't seen Pang Xuelin's ability with his own eyes, Mu Dong might have really deceived him.
"Dad, you can help Brother Huge."
Mu Qingqing on the side said coquettishly.
If my father can go to Xiangjiang with Pang Xuelin, then he can just go with him, and he won't be able to see Pang Xuelin for a month.
How could Mu Donglai not be able to see his daughter's thoughts, and said helplessly: "Forget the money, I'll go with you." β
Pang Xuelin said with a smile: "This is not good, our feelings belong to feelings, money belongs to money, it is not okay to delay you for so long in vain, if you don't pay." β
Mu Dong came to look at his daughter, then at Pang Xuelin, and said in his heart, "Okay, then I'm welcome." β
Two days later, Pang Xuelin and Mu Donglai, father and daughter, boarded a direct flight to Shencheng from the newly built Xianyang International Airport.
Liu Fatzi was waiting at the airport early, and when the four of them met, it was naturally another surprise.
In the car back to the company, Liu Fatzi probably reported to Pang Xuelin the progress of the CVD project.
"Brother Pang, at present, the supplier system of parts has been basically opened, Texas Instruments has sent 1,000 video decoding chips and 1,000 DSP chips by air, and the later orders are still in production, and 10,000 laser reading probes from Philips have all arrived. I have recruited a total of 10 workers, and now the daily output is about 20 units, and we now have less than 300,000 left on our books, and I dare not expand the production capacity too much. By the way, the reason why we were able to put into production so quickly was thanks to Li Yinan's help during this time......"
"Li Yinan? What happened to him? β
Pang Xuelin was slightly stunned.
Liu Fatzi smiled: "After all, this kind of product is the first time we make it, and I don't understand technology, Li Yinan pulled several people from Warwick over, and took advantage of the weekend to help us basically get through the technical problems encountered in the production process, and now it is finally on the right track." β
Pang Xuelin nodded and said, "It's been really hard for you this time." β
In this era, communication is inconvenient, and Pang Xuelin only had the opportunity to communicate with Liu Fatzi on the phone when he was in Lancheng, and during the time he returned to his hometown, Liu Fatzi basically made the whole process by himself.
Now it seems that Liu Fatzi is doing a good job.
When I arrived at the company, the office was bustling, and a 29-inch large color TV was placed on a high platform.
The large color TV is connected to the CVD below, and the latest Lin Zhengying's "Mr. Zombie" is playing on the TV, and the onlookers are leaning forward and backward with laughter.
Seeing Pang Xuelin's surprised appearance, Liu Fatzi couldn't help but smile and said: "The new product has just come off the assembly line, the stability is not easy to test, and the company has nothing to do during this time, so I will let everyone watch the film, test the stability of the continuous operation of the machine, and make a demonstration by the way. Now the machine has been running continuously for five days, and the daily playback is more than twelve hours, and the performance is very stable. And many people have already asked us to book a machine in advance, but because of the source of the film, I haven't directly agreed. β
Pang Xuelin nodded with a smile and said, "It's okay to do a show, don't ship it for the time being, let's wait until September." β
"Good!" Fat Liu nodded in agreement.
In the next time, Pang Xuelin and Liu Fatzi took Mu Donglai's father and daughter to visit the company, and then went directly back to Liu Fatzi's house.
Liu Fatzi had already gotten a CVD back, and even stole more than 100 movie discs, which surprised Mu Qingqing.
The next day, Pang Xuelin went to Warwick for a spin again, after all, he still had the title of Warwick technical consultant on his head, and he naturally wanted to go around when he had time.
It's just a pity that I didn't see Li Yinan.
"A man and Yu Houlin they took the C&C08 switch to Yiwu, the contract originally stipulated that the delivery would be made in May and June, we were late this time, but the feedback results of the test were very good, and the performance was not much worse than that of foreign manufacturers. Mr. Pang, this is thanks to you. β
Ren Zhengfei's face no longer had the sad look he had before, and he said with great interest.
Pang Xuelin said with a smile: "Yes, by the way, Mr. Ren, do you know anyone from CCTV?" β
"CCTV?" Ren Zhengfei was slightly stunned, "Mr. Pang, what are you doing here?" β
Pang Xuelin said with a smile: "There is a project I want to cooperate with CCTV. β
Ren Zhengfei pondered for a moment and said: "If you want to talk about CCTV people, I really know one, but he is in the CCTV technical department, and his position is not high." β
Pang Xuelin said: "In this way, you give me a contact information first, and I will find someone myself when the time comes." β
Ren Zhengfei nodded and said, "Okay." β
Pang Xuelin looked for CCTV, naturally thinking about cooperating with the other party.
However, it is not so easy to advertise on CCTV now.
Chinese brands often can only grab resources by "handing notes" and "making phone calls", and CCTV's annual advertising revenue is only one billion RMB, and it has no banknote capacity for future generations.
Until the end of 1994, Tan Xisong of the CCTV Advertising Department launched the concept of the standard king, which made CCTV's advertising revenue exceed 4 billion yuan in one fell swoop, and the annual advertising standard king was also famous, and there were countless products that benefited from the standard king.
On November 2, 1994, in the first CCTV advertising bidding, Confucius Banquet Wine won the 1995 "Standard King" crown with 30.79 million yuan.
Almost overnight, the CCTV advertisement of "drinking Confucius banquet wine and making articles in the world" made this little-known entrepreneur a household name.
In the year of winning the bid, "Confucius Banquet" achieved sales revenue of 918 million yuan, profits and taxes of 380 million yuan, and the main economic indicators entered the top three in the national liquor industry and became a well-known brand in China.
In 1995, Qinchi Liquor won the "crown" with 66.66 million yuan at the second bidding meeting. Qin Chi, which was originally a small state-owned enterprise in Linqu County, Shandong Province, became the "king" and had an income of more than 900 million yuan in 1996.
In August 1997, at the 4th CCTV Bid King Bidding Conference, the then VCD alliance leader Aiduo wore the "Bid King" crown with 210 million yuan, which made Aiduo angry.
It wasn't until after 1998 that there was a lot of discussion about the "standard king" in the society, and CCTV began to dilute the concept of "standard king". In that year, but the "standard king" BBK Electronics Co., Ltd. in the CCTV advertising total of 159 million yuan, and in 2000 with 126 million yuan won the championship.
It can be said that the biggest income of CCTV is in the first three years, and the concept of the standard king has gradually faded in the following years, coupled with the sharp rise in advertising costs, the cost-effectiveness ratio is changing at the end of the month.
If CCTV can start bidding this year, it will undoubtedly play a vital role in Pang Xuelin's large-scale promotion of CVD.
But the premise is that Pang Xuelin has to come up with more than 30 million funds.
Therefore, this trip to Xiangjiang is very important to Pang Xuelin.
In 1993, the Hong Kong stock market can be said to be deeply troubled by political factors, with the lowest falling to 4,900 points and the highest rising to 11,960 points, doubling.
Naturally, there is a great deal to do with the contradictions between China and Britain.
At the beginning of the new year in 1993, the Hang Seng Index rebounded strongly from a low of 5,400 points to 5,900 points in just a few trading days, mainly due to the temporary relaxation of Chinese and British politics.
The Governor of Hong Kong, Chris Patten, spoke several times in public, vaguely indicating that he had a soft stance.
However, the Hang Seng Index fell back to 5,000 points in January, and after a two-week correction, it gained support between 5,100 and 5,200 after a two-week correction.
During this period, due to a certain amount of digestion time, investors are fully prepared for political issues, and generally believe that even if the development is biased towards bearishness, the impact on the market will be limited, and the minimum at 5300 points will receive strong support, and the development results will be favorable.
At the beginning of February, the draft constitution of Hong Kong was postponed three times, so investors were looking forward to the resumption of talks between China and the UK, and the Hang Seng Index began to rise strongly in the face of a large sweep of British funds. In this rally, Chinese concept stocks have once again become the focus, making many conditional joint-stock companies become the most popular objects of capital.
However, on April 12, Governor Pang surprised the market by surprise by announcing that the constitutional reform plan would be gazetted.
Within 10 minutes, the Hang Seng Index declared a downward limit.
And because investors panic selling, which led to a large blockage in the telephone system throughout the lobby, not many people were able to ship at the level of 5400 points.
This governor's bomb blew up the entire stock market at that time, causing the Hang Seng Index to quickly fall back to the level of 5,400 points, and the market value of 120 billion yuan was wasted.
It was not until the second round of meetings between China and the UK in early May that an agreement was successfully reached, showing that Sino-British relations had improved significantly.
Therefore, from May 10, the Hang Seng Index began to rise again, and the trading volume jumped accordingly, and the real estate stocks were even more unstoppable, especially the investment of Hutchison Group, which was widely welcomed and became the main force driving the market.
In late May, due to the sharp reduction in the RMB adjustment price, Hong Kong stocks, especially Chinese concept stocks, have been sharply adjusted, falling to 6,100 points.
In late June, the Hang Seng Index fell 200 points again, and the market reported the seventh round of talks between China and the UK.
Although China and the UK have made some progress on the political issues of the eighth round of talks, and the financing issue of the Heung Kong Airport is about to be resolved in the short term, the focus of investors' attention has shifted at this time, and the country has begun to rectify the financial order and strengthen macroeconomic control.
As a result, Chinese concept stocks fell sharply, and the Hang Seng Index also fell below the 5,800-point mark.
Until August, U.S.-funded funds suddenly entered the market in a big way, and HSBC's interim results were much higher than the market's expectations, which led to the market to stop falling and rebound, and the Hang Seng Index broke through the 6,500-point mark again, and the trading volume also increased to more than 4 billion yuan.
Immediately after the results announced by Cheung Kong were also unexpectedly ideal, which made the stock price rise sharply, reaching new highs, and the Hang Seng Index soon broke through 7,500 points.
By September, the impact of China's macroeconomic controls on Hong Kong was much lighter than expected, and the stock market began to rise sharply again.
In October, China and the UK simultaneously stated that political and economic issues would be resolved separately and would not politicize economic issues, which pushed the stock market to climb sharply, and funds from all over the world also heard about it.
In response, the Hang Seng stock market has hit a new high from 7,500 points to 8,000 points, and it will hit a new high in the next month or so.
The trend of red chips is even more ferocious, such as Guangzhou Ship, Tsing Beer and other stock prices have risen to the top.
This kind of scene will continue until December 31, 1993, when Hong Kong stocks closed at a historic high of 11,960 points.