super energy power

Chapter 304 Shenzhen Stock Exchange

The sunshine of July rushed towards all living and dead things on the ground one after another.The dry and hot air waves blow the branches and leaves that have lost moisture, encouraging the gravel to move forward.

The executives of the Dahua department, like hardworking bees, shuttled around various schools and research institutes regardless of the hot weather, in order to persuade academicians trusted by certain committee members, so as to make a certain evaluation for Dahua Petrochemical Company .

In order to strengthen their persuasion, officials from Fujian, Shandong, Shanghai and other places were also mobilized with the promise of further investment from Sioux City.Also persuaded were officials from CNPC and other ministries and commissions.

People can't help themselves in the rivers and lakes, and the same is true for academicians.Some people need funds to continue scientific research projects, some people need large-scale factories to do experiments, and some people need the cooperation of certain research institutions.To academicians themselves, the power of localities and ministries and commissions seems insignificant, but they have extraordinary effects at critical moments.

The public relations department of Dahua Group tours the capital all year round, and with a little effort, it can find the critical moments of the academicians.Next, let Su Cheng come forward, bring the person or tool to poke the g point, and poke them tirelessly.

The whole process was very boring, and Sinopec had to be on guard at any time during the period.Most of the academicians in the petrochemical department are from Sinopec. Although this will not affect their professional judgment, if Dahua does nothing, it will easily have uncontrollable consequences.

The entire month of July was simply ecstasy.Even so, Dahua only persuaded two academicians to come forward to preside over the assessment, and three other associate academicians were also willing to come forward.

In this way, at most, it is only 5-[-]% sure that the [-] State Councilor votes will be increased.Su Cheng could only continue to work hard, and then waited for Mr. Zhou's response.If you want to do any work, you have to wait until the finishing touch.

The officials of the Shenzhen Stock Exchange are also eager to die.

The mania of the over-the-counter trading period has long since dissipated, but the sequelae are becoming increasingly apparent.to August 1991.The Shenzhen Stock Exchange has fallen for 8 consecutive months.Not to mention that stockholders are in shock, the Shenzhen Stock Exchange itself is almost unable to hold on.

If any of the cross-travelers bought stocks on the Shanghai Stock Exchange at the end of 1990, they would get flowers and appreciation.If he buys stocks on the Shenzhen Stock Exchange in a feverish manner, what he will get will be endless contempt and terrible downturns-not only will he have to watch the stocks fall, but he will also be unable to sell them even if he wants to sell them.There is no buying at all.

The exchange was like an animal about to die, bleeding and bleeding non-stop, with only occasional twitches, not even unnecessary struggles.

It's August 8th.The stock index of the Shenzhen Stock Exchange fell from 4 points to 100 points, and the market value of the entire stock market shrank from 45 billion to 50 billion, which is simply horrible.If it is based on the stock index, from 35 points to 100 points is equivalent to 45 points to '6000 points, which is something that stockholders who have gone through 00 years of suffering can't stand. (This chapter was uploaded by a netizen) How can it be understood by stockholders in 30.In particular, many stockholders are forced to buy stocks, and they can't get rid of their flesh if they want to. Needless to say, they are suffering.

at this time.Even the idealistic President Guan couldn't hold on.However, it is difficult for the "adjustment fund" of the Shenzhen Stock Exchange to come out.

The 2 million yuan promised by Sioux City is only part of the adjustment funds.The Shenzhen Municipal Government and the Shenzhen Stock Exchange, as well as 3 million yuan from the People's Bank of China.They also need to implement them one by one.

This implementation took more than a month.

But the stock market has no intention of waiting for them.

Every day, the stock market greets the closing with a limit down.The price limit of the Shenzhen Stock Exchange has been limited to 0.5%, and that's it. It has fallen for a month, and it will also fall by more than [-]%.

And there is no intention of stopping at all.

The adjustment funds used to support the market were difficult to implement, and the mayor of agriculture couldn't wait any longer. He hurried to Beijing*, not caring about rest, so he hurried to the hotel to find Su Cheng, and persuaded him to enter the market first.

From the humid Shenzhen to the dry Beijing, Mayor Nong’s lips were all chapped, but he didn’t intend to drink water, and kept saying, “I know that when the adjustment fund is not in place, let everyone The entry of Hua’s funds into the market will cause additional losses. To be honest, I have no way to compensate. I just ask Mr. Su to extend his Help..."

The current Shenzhen Stock Exchange is like the Shanghai Stock Exchange that has fallen since 6000 points. No one knows how much it will cost to drag the stock index up.Funds that enter the market early will naturally have to bear additional risks.If the goal of stopping the decline is not achieved in the first few days, the lost funds are additional losses.

In 1991, ten thousand yuan households were still worth talking about.Asking Sioux City's 2 million funds to enter the market, even if it loses 1%, Mayor Nong feels ashamed.After all, the government funds are not in place.

Su Cheng thought of a story that had been circulating for a long time.According to legend, an old cadre bought 5000 yuan of Shenzhen Development Bank shares in response to the call of the state. It was not until 1997 when Shenzhen Development Bank's shares rose sharply that he remembered this matter and found that he had made dozens of times the profit.So I sold it for cash, leaving only the principal of 5000 yuan, and all the rest were paid for special party fees...

"How much is the adjustment fund now?" Sioux City didn't mean to shirk. The Mayor of Agriculture was beyond his expectation. He didn't know that it was what he didn't say that affected Sioux City.

Manager Tong from the Shenzhen Stock Exchange came with Mayor Nong. He replied nervously, "8000 million yuan."

Su Cheng curled his lips and said, "The three of you promised 3 million yuan, but only prepared 8000 million yuan?"

"The funds from the People's Bank of China have not yet arrived. The 8000 million yuan was prepared by the city government." The mayor of the farmer was worried that Su Cheng would be unhappy, so he said, "Inside the 8000 million yuan, there are commissions paid by brokerage firms, as well as state funds. The funds invested and the city government’s funds are also very tight, and it will take at least a month to raise the full 2 million yuan... In that case, I’m afraid the downward pressure will be even greater.”

"Ok."

"Okay?" Mayor Nong felt as if his fist had hit the cotton.

Su Cheng only nodded slightly, and repeated: "Dahua can enter the market now."

"Now?"

"Yes." Su Cheng turned around and asked Yang Ming to book a ticket.

Mayor Nong didn't expect it to be so simple, and suddenly didn't know what to say.

The '91 flight was small and broken.Many civil aviation planes have only 30 to [-] seats, about the same size as a private jet, and similar in decoration and appearance to a country bus.In fact, there is not much difference between the aircraft serving in China and the aircraft serving in Africa at this time. Most of them are old products that have been used for [-] to [-] years and are still flying, thanks to the fact that the oil price is still relatively cheap.

Su Cheng and the others were in a hurry and had no choice but to take an old 80-seater plane and creaked to Shenzhen.

When we arrived at the place, we were greeted by a Santana and drove all the way into the Shenzhen Stock Exchange.

In the classroom-sized room, there were already nearly NO.20 people waiting.

Su Cheng listened to Mayor Nong's introduction, and compared them with known celebrities one by one in his mind.As the earliest stock exchange in China, everyone who can participate in China's first government rescue operation has a good room for improvement, as if the golden roads have been paved long ago.

However, with the scale of Dahua today, Sioux City has long given up the idea of ​​domestic listing to collect money, and has no intention of deliberately getting acquainted. It just memorizes the name of the person and simply shakes hands and greets them.

Then there was a meeting, where the ways and plans to rescue the market were discussed, and there were also various discussions on the government's support for the market during the period.Su Cheng was drowsy when he heard it.

The discussion on whether the government should bail out the market will not reach a conclusion by the end of the year, and perhaps there will still be no real conclusion in the next year.

The gentlemen of the Shenzhen Stock Exchange just went through a process.

Faced with the harsh reality of bailing out or closing down, President Guan put away his idealism, and the others were not much better.

The meeting lasted about 2 hours before it was considered over, and then most people slowly left the room.

Mayor Nong said in a low voice: "The adjustment fund must be kept strictly confidential, and the specific implementation process will be done by a few of us."

Looking around Su Cheng, besides Mayor Nong, President Guan and Manager Tong, there is also General Manager Wang.This is a typical government official in his 50s. Wearing a gray jacket and combing his hair back, he looks a bit rustic and confident.

Such government officials are the most common in local governments, but they are somewhat out of tune with the new business of the stock exchange.

Su Cheng recalled it for a while, and said strangely: "You are the general manager Wang of Longsheng Import and Export Company, right? The Import and Export Company also trades stocks?"

Mayor Nong coughed heavily and said, "Director Su, General Manager Wang is here to help."

"How to help?"

Several people were a little embarrassed by Su Cheng's question.After a while, it was still Mayor Nong who said: "This... We didn't expect Dahua Industrial to enter the market now, so we hope that Longsheng Import and Export Company will help us when we are short of funds."

Sioux City knows that the import and export company is rich.However, import and export companies and stock exchanges are really out of reach.With the current corporate structure, it is estimated that Longsheng Import and Export Company is also not allowed to participate in stock transactions.

There may be illegal circumstances involved, Su Cheng suddenly became serious, and said: "Mayor Nong, you have to explain it to me."

Several people looked at each other, but it was General Manager Wang who came forward and said: "Su Dong, I asked for this on my own initiative. There is money in Longsheng's account, and the stock exchange cannot fail. In this case, I have prepared 8000 million. If the adjustment fund If they don’t have enough money, Longsheng will also quietly buy shares in Shenzhen Development. Apart from Mayor Nong and the others, only the accountant of our factory knows about this matter, so Director Su must keep it a secret.”

After hearing what he said, Su Cheng understood.This is misappropriation of public funds.It's just that the embezzled money was used to support the market.

Su Cheng hesitated for a while, for him, this was a bit dangerous.

Mayor Nong said helplessly: "It's because of insufficient funds that we made such a bad move."

General Manager Wang waved his face and said: "Su Dong, this matter has nothing to do with you. We will enter the market and support the market. After the stock price rises, we can quietly sell it to balance the account. If there are more, we will hand it over to the market. Don't worry, I won't take a dime."

……

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