Zhongqi Group had no choice but to become the major shareholder of China Industrial Holding Group Company. Yang Shaozong himself was also helpless. He really wanted to build a heavy industry aircraft carrier for the country, and even involved the aircraft industry.
No, no one can afford the loss.
Because of Yang Shaozong's influence, the central and provincial State-owned Assets Supervision and Administration Commission (SASAC) were generally established like mushrooms after a spring rain in 1994. However, except for the Central State-owned Assets Supervision and Administration Commission, the general situation of other provincial SASACs is that they are poor, and even thousands of dollars are not enough. Wan Du couldn't get it out. Yang Shaozong asked each of them to invest several hundred million to continue to inject capital to make up for the losses. How could they get it out?
Not to mention anything else, in order to acquire 8% of the equity of Zhongqi Group, the Huaihai Municipal Committee gave up all its mineral rights and a lot of land, as well as the development and operation rights of the best deep-water port in Jiangdong Province, to Zhongqi Group. The Banner Group really can't afford any money other than these things.
After all, Huaihai City still has mineral resources that can be sold at high prices, and it also has excellent deep-water ports for transfer. What about other cities?
Before 1992, government agencies made money by reselling their rights and quotas. After 1997, they relied on transferring land. During this period, they were stuck. There were no quotas to sell, and the land was very worthless.
Huaihai City can still make ends meet, at least it has very good profits and taxes. The total tax paid by the Qizhou region alone is more than 10 billion yuan every year, and Huaihai City can retain about 1/5 (because Qizhou City is very special in Jiangdong Province) The quasi-prefecture-level city itself has a relatively large interception. The provincial party committee and the central government cannot move, so Huaihai City suffers a heavy loss), which is almost the same as Yangtze City.
If Qizhou is considered a prefecture-level city, its local GDP and profits and taxes will basically rank second in Jiangdong Province. Wuzhou still ranks first, but the gap between the two is very small.
If Qizhou relied on industry in the past, then Qizhou actually now mainly relies on the financial industry, and the total tax revenue from the financial industry in Qizhou has long been the first in Jiangdong Province, about 30% higher than that of Yangtze City This is obviously not normal.
It¡¯s not surprising that there are more than other cities. It¡¯s more than the capital city of a major economic province. This is very abnormal. The reason why the central government will consider the proposal put forward by Qizhou to locate the commodity futures trading center in Qizhou is to put it bluntly. It is because the financial industry in Qizhou is too developed and private capital is relatively strong.
It was rare to have a few words with Yang Shaozong, and Yang Jianlin talked about the issue of the original shares of China Flag Group, and mentioned something by the way He said that Huang Mingda had accumulated a large amount of original shares of China Flag Group, and asked Yang Jianlin Want it or not.
Yang Shaozong asked him how many shares he had. Yang Jianlin said that it was about 400,000 shares and the price was not too high. Huang Mingda was eager to sell them to further control the stock market.
Yang Shaozong said oh.
Who is Huang Mingda?
Everyone in Qizhou knows about the underground stock king in Qizhou!
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To talk about Huang Mingda, we must first mention a very special financing channel in Qizhou. This channel is actually the main driving force of Qizhou's development process - Lianbiao. Huang Mingda is precisely the first founder of Qizhou Lianbiao. By.
At the end of 1988, after the hot speculation by Song Fangzhou and others in treasury bonds and coal speculation came to an end, everyone hid in Shenzhou, Nanhai, Zhuhai and other places. At that time, Yang Shaozong wrote them a letter to appease them and proposed Three suggestions: study, wait, and watch.
Yang Shaozong means that you can seize the time to study. Now that you have money, you can go back to Qishan to invest in new businesses, find a university to attend, or see what you want to do.
??While studying, you should wait slowly. Policies will always get better. At the same time, you should also pay attention to the new development trends in the south.
Huang Mingda, Yang Guangyi and others followed this suggestion and went to Shenzhou University to audit together. Yang Guangyi and others were stupid, so they tried their best to listen to every class, and then find a major they preferred to study.
Huang Mingda, who was only 22 years old at the time, was different. He spent 20,000 yuan to find an old professor who taught finance and said, I am interested in this class. If you can teach me how to do it within two weeks, The 20,000 yuan is yours.
So, he learned a lot of financial knowledge in two weeks.
From then on, while he continued to hang out at Shenzhou University, he also met a few good friends on campus, hanging around all day long, and the Shenzhou stock market started to launch.
Huang Mingda quickly realized that his opportunity had come, but his biggest opportunity was the subscription certificate launched by Shenzhen Stock Exchange. Yang Guangyi and the others went to Qishan to find their ID cards. Huang Mingda went to Hui Province directly on the introduction of a college friend. Over there, more than 10,000 ID cards were purchased for 30 yuan each.
Back in Shenzhou, Huang Mingda did not go to line up.It¡¯s easier than applying for a loan at a bank if you know someone. Another flexible aspect of joint bidding is that the interest rate of the loan changes greatly and is relatively free. The interest rate for familiar old customers is low, while the interest rate for new and unfamiliar customers is slightly higher.
This is the vitality of Lianbiao. Many times, just by calling each other and explaining the situation, millions of dollars of money will be transferred immediately. If you call in the morning, the money will arrive in the afternoon, or even hundreds of dollars. Thousands of dollars in cash will be sent directly to you.
If you only borrow money for two days, it is not a normal loan. Friends don¡¯t say anything, just call in the afternoon and call back tomorrow.
Sometimes, the bidding king of the joint bidding will also run the project on his own, and everyone will work together to run the project. Such a project must be profitable, such as a large coal field or a piece of good land.
Objectively speaking, the local joint bidders in Qizhou are also an integral part of the Zhongqi system, especially the joint bidders like Fuyou and Huiyou. They will cooperate secretly according to some of Guan Jinsheng's requirements, and at a suitable place Join the stock market at the right time, increase or reduce your holdings, and other joint bids will follow the big bid.
When reducing positions and cashing out, if it is Guan Jinsheng's operation, he will usually be the first to retreat, followed by the joint bids to gradually withdraw. If it is Kan Zhidong's operation, they will retreat slowly together. If there is a large violation of the joint bids, After retreating, Kan Zhidong will continue to invest funds and maintain the speed at a very stable range.
This is the biggest difference between China's stock gods and stock sages. Relatively speaking, Guan Jinsheng is only responsible for his own shareholders, while Kan Zhidong will consider the long-term interests of the entire stock market more. This is why Yang Shaozong prefers to let Kan Zhidong be in charge. The reason for Zhongqi¡¯s securities business.
A few months ago, when Guan Jinsheng went to Songzhou for negotiations again, Fuyou and Huiyou Lianbiao had quietly entered the market.
¡°As far as the current market is concerned, it is a more reasonable investment method to enter the market below 300 points and exit at 1,400 points, but we do not deny that there is still the possibility of market adjustment in the Chinese stock market.¡±
¡°These are Kan Zhidong¡¯s exact words. What he said is impeccable. The local joint bids in Qizhou are very clear. The time has almost come, and we are waiting for Zhongqi Trust and Investment Company to give a clear list of recommended stocks.
¡°Qizhou is a place full of the original sins of capitalism. You have the right to hate it, but you must also love it, if you are from Qizhou or want to develop Qizhou.
It is under this trend that the Chinese stock market has once again begun to move towards a new bull market.
However, history will eventually prove that Kan Zhidong is wrong, and there will be times when Kan Zhidong, the so-called godfather of Chinese securities, cannot keep up with the times.
In short, the Chinese stock market will be greeted by an unprecedented 21-month bull market. In this round of bull market, the Song Index adjusted from the lowest point of 238 points on July 23, 1995, and reached a difficult level at the end of September. It returned to 400 points, and then continued to rise out of control for 21 months, reaching a new historical record of 4260 points on May 4, 1997. In the end, it was ruthlessly broken down by the Asian financial crisis, resulting in A stock market bubble, the Songshen stock index plummeted and entered a two-year bear market.
¡°If you just buy any stock in the first 21 months, you can basically make more than ten times the profit.
If you buy stocks such as United Bank, Shenzhen Vanke, Minsheng Bank, China Commercial Bank, United Insurance, Thorpe Technology, China Electronics then you can at least get more than fifteen times the profit. Of course, there are definitely still stocks in the stock market. There are stocks that have increased more than 30 times or even 50 times. What kind of stocks these are, only later can we know.
Until this time, no one knew that the Chinese stock market would usher in a 21-month bull market. The development of history often exceeds everyone¡¯s expectations, including Yang Shaozong and Kan Zhidong.
There is one person who knows that this is Guan Jinsheng who has just left Zhongqi Group.
This time, the Capital Galaxy Securities Company suddenly jumped out and became the focus of people's attention. In other words, the air-to-air battle between Guan Jinsheng and Kan Zhidong finally kicked off the curtain of history.
If Kan Zhidong has the Zhongqi faction, then Guan Jinsheng soon also has a large faction of his own. His faction is very loose. It is basically gathered by his name as the Chinese stock god. There are central enterprises, state-owned enterprises, and the military. , there are old-style traitors. The unified characteristic of this faction is that they are concentrated in the capital area.
People call this faction "Guan system".
¡°To be qualified to name a capital flow after his own surname, Guan Jinsheng is indeed worthy of being the godfather of China¡¯s securities. ! .