Yang Jianlin told Yang Shaozong that Huang Mingda acquired more than 500,000 shares of the original shares of Zhongqi Group. Now the problem is coming, it is difficult to get rid of it. There are not many people in Qizhou who really want the original shares of Zhongqi Group. This is not because everyone does not see the long-term development of Zhongqi Group, but because everyone thinks that the return on investment of the original shares of Zhongqi Group is not high.

As the saying goes by people from Qizhou, the chassis is too big.

Everyone would rather sell the original shares of Zhongqi Group at a high price, cash out and exchange them for funds to do business. At that time, the shares were divided equally, and each person had more than 150 shares. It was a good deal. Basically, as long as the members of the Qishan People's Commune who joined before 1994 had assets of 300,000 yuan, they could basically make twice as much money when they were actually sold to the market.

As Yang Shaozong knows, most of the members assigned to the shares will sell half of them to their friends, raise some money to do business by themselves, or invest in joint bidding, especially those small bosses with good business, who will basically short the original shares and continue to invest in their own small factories.

In 1995, what did you do after you had 600,000 yuan?

There is no doubt that you can run a factory. You can also invest in joint bidding without a factory. On average, unless the stock market is experiencing a large sensation, a good joint bidding usually has an annual interest dividend of about 12%, which is not particularly terrifying, but it is definitely more than the one in the bank.

If the stock market is doing big ups and downs, some joint bids will lose, while others will make a big profit.

Some joint bids do not distribute dividends, such as Zhao Qi, whose joint bids increase their stocks in total, clear accounts every year, and continue to invest in long-term investments. Therefore, her customers are all big customers, and her investment targets are also very large.

The amount of funds of Huiyou Lianbian's bid may not be the largest bid in Qizhou, but the company's personnel quality and quantity are the first. She also neatly focuses on mining investment and financing services, and doing the stock market is purely short-term operations.

To be honest, investing in listed companies in the stock market is really not as good as buying a joint bid. At least this joint bid is right in front of you. Huang Mingda and Zhao Qi are all powerful players who are truly capable.

Huang Mingda has a saying, he said that investing in state-owned companies depends on policies, and investing in private companies depends on bosses.

The boss is right in front of you. Are you investing or not?

If Yang Shaozong wants to borrow money from Zhao Qi to buy the shares of Guan Jinsheng, he will give Zhao Qi at least 10% interest every year, which is quite considerate. After all, there are a large number of shareholders behind them, and the advantage is that there is no need for any mortgage, which means that Yang Shaozong can also mortgage with the bank.

Of course, general joint bids must be mortgaged, and special circumstances are handled.

"Flexibility" is always the first element of Lianbiao in the field of private financing.

Guan Jinsheng is obviously very proficient in this, so he said that it is a monthly payment, which means that Yang Shaozong is under very little pressure. The interest on the loan that costs a sum of money every month is much better than borrowing 5 billion at a time.

This is definitely not the case with Huang Mingda.

The price will definitely not be cheap, and you have to pay in one lump sum. According to the current estimate, it will cost at least 3 billion yuan.

Yang Shaozong roughly calculated that it was not very cost-effective. If he had 3 billion yuan, how much would it cost to continue investing in silicon silver in US dollars? He used to buy original shares because everyone sold them cheaply, with a price of 2,180 yuan and 4,000 yuan.

Of course, 6,000 yuan per share is acceptable now, but it is difficult to continue to jump up, unless the stock market rises sharply, it is not cost-effective... The reason here is that the original shares of Zhongqi Group are priced unchanged, and the amount of loans obtained after bank mortgage is not high, which is far less than selling. Zhongqi has already made it clear that if you don’t plan to go public or list within five years, this is a treasury bond, and there will be no big increase within five years.

Since some members are willing to sell some of the original Zhongqi stocks they have, it is their own choice. This is a free option for the market economy, and there must be their reason.

Therefore, neither Qizhou People's Higher Cooperative nor Zhongqi Group stopped this behavior. If you have confidence in the group, you can buy more. If you don't think the group will continue to rise as wildly as in the past in the future, you can't buy it.

After thinking about it, Yang Shaozong did not decide to buy those stocks in the end. Yang Jianlin and Huang Mingda had a good relationship. He smiled at the time: Comrade Huang is rare to fall once.

yes.

Huang Mingda really fell into trouble once. He swallowed 500,000 shares before, and he must have thought that the price of the original stock would continue to rise... But he never expected that the stock market would rise first, and he suppressed billions of funds on the original stocks. This was a dismal place, and the bank could borrow at most 400 million yuan.

At this time, Huang Mingda was indeed more anxious than anyone else. His last life-saving straw was Yang Shaozong. Everyone was buying stocks. It was rising every day. Who would still play with you the original stock of Zhongqi?

Yang Shaozong rarely went home for one night and talked about this with Xiao Wei. As he was chatting, Yang Guangyi accompanied Huang Mingda to find Yang Shaozong, and the result was that Huang Mingda's affairs were also for Huang Mingda's affairs.

The conditions for Huang Mingda here are very simple. He doesn't make a penny, and he eats an average of 4,000 per share. Now he sells 4,000 per share, purely as a voluntary help, not making money.

It is rare to see the local stock king in Qizhou. The price king will be so bleak. Yang Shaozong talked to Xiao Wei, just to help Huang Mingda to give each other a face and prevent Huang Mingda from losing money. He will eat it at a price of 4,002 per share.

The problem is that he stopped eating. His holdings have exceeded 11%, about 11.2%. For him, he has basically achieved his expected goals.

Give more to Xiao Wei.

Xiao Wei doesn't care. She has many financing channels. After all, she is a big grandmother from Qizhou. She agreed to buy the original shares of Zhongqi Group at a price of 4,200 per share, accounting for about 0.4728% of the total shares. The condition is that she will pay in a week and she doesn't have that much money. She has to use her equity and bank lending. Maybe she has to ask her friends to help her borrow hundreds of millions of dollars.

After all, the couple is not Huang Mingda, so there is still a way to raise funds after taking these original stocks. Moreover, it is not convenient for them to trade stocks. This is still very illegal for their identity and position.

No matter how the stock market moves or rises or falls, Yang Shaozong never buys it.

As for him buying foreign stocks, it would not be a violation. At least there is no such regulation within Zhongqi Group.

Xiao Wei never buys stocks.

In her opinion, money has reached a certain level and is just a number, just adding an extra zero to the back. Her biggest wish now is to get pregnant. She just went to Hong Kong Mingde Hospital for a while ago and the fallopian tubes seemed to have some problems, which made her feel a little uncomfortable.

She always felt that she was still very healthy.

...

Xiao Wei really feels that she is helping. Whether she is her or most people, no one thinks that Zhongqi Group can have more terrifying development space in the future. It is possible to double it, but it will take five or six years.

For five or six years, if you do not double the capital, it is not a problem to triple the capital. The key depends on what you do.

The people in Qizhou are very strange.

This is a research field of microeconomics, and many things cannot be explained by the theory of the Liberal Economics School.

Guan Jinsheng's departure from Zhongqi Group was a huge impact. Yang Shaozong and his mentor Yang Xiaokai took a two-month vacation to concentrate on returning to Qizhou to deal with this matter. During this period, he decided to complete several other important tasks by the way, and then return to Hong Kong with peace of mind, focusing on understanding the most headache-inducing part of microeconomics - the non-linear xing surface template and its application in counting data regression analysis.

This is a new field proposed by Professor Carlin Cameron in 1993, but in this field, everyone is still a beginner, no one can give a unified data model and analysis logic, and everyone is on the same starting line.

At present, a relatively unified view is that by completing this part of the analysis, micrometering logic can be fully established. In other words, this is the core part.

Yang Shaozong admitted that with his skills, he could at most be considered a third-rate economist, similar to the gangster scholars in China. Compared with Hu Zuming, Fan Gang and others had a much worse basic skills. He could not understand them at all, even if Yang Xiaokai had very careful guidance.

His strength is his ability to think innovatively in the overall direction, including his long-term judgment of the entire international economy.

If he wants to become a real economist and get his PhD in economics from the University of Hong Kong, he must find a way to concentrate all his strength and energy to understand this part. In fact, in Yang Xiaokai's words, even if he understands 60% and gets a passing score, he is qualified to obtain a PhD in economics at any international university. This field is indeed the most cutting-edge field in the international economics world. There are not many people who can get the opportunity to come into contact with. In addition, Yang Xiaokai, Daniel McFadden, there are no more than twenty in the world. The reason why Huang Youguang does not intend to take advantage of the benefits is precisely because Huang Youguang is self-aware. He has not yet been engaged in the basic research in this field, and joining this team will not make any contribution. At most, he is to provide some basic data.

As for the several things that Yang Shaozong plans to concentrate on doing in the past two months, it is not complicated. First, he wants to design a long-term development plan for the Qizhou. The original plan was completed by him a few years ago, and now it cannot keep up with the new development of the Qizhou. Second, he plans to lead Zhongqi Group to officially transform into an international investment bank. After the gradual transition in the past two years, the conditions have been ripe, so he will come back and make a final decision; Third, he will make perfect preparations for the Asian financial crisis that may come at any time and make a fortune.

Compared with understanding microeconomics thoroughly, these three tasks are not very difficult for him.

In the past few days, Yang Shaozong has been meeting with several scholars and experts from the Qizhou Economic Research Institute who mainly studied the social and economic aspects of Qizhou. The main work of the Qizhou Economic Research Institute is of course to study China's national economic issues. However, the main source of funding for the Institute is not the Central Development and Reform Commission, but the Qizhou People's Higher Cooperative... It used to be the Qizhou People's Commune.

In terms of funding for research projects, projects engaged in local economic and social research in the Qizhou Economic Research Institute have also received great sponsorship, which means that many top domestic scholars and experts from the Qizhou Economic Research Institute are engaged in regional research in the Qizhou Economic Research Institute.

The most famous ones here are Chen Xihua, Xiao Aihua, Jiang Fangyi, Ding Xiaofan, Guo Yimin and others. They are all young and middle-aged scholars with great strength and reputation in the fields of economics and sociology in China. They have a strong research energy and are now the stage for their integration of results.

That afternoon, Yang Shaozong invited everyone to the Qishan Guesthouse for a symposium. In addition to some colleagues from the Qizhou Economic Research Institute, the social and economic research institute of Qizhou University, the Zhongqi International Economic Research Center, and some major colleagues from the China Economic Research Center also came, including internationally prestigious research scholars such as Lin Yifu and Qian Jiaying. There were more than 30 people. Behind them, there were actually more than 200 professional researchers, professors, scholars and economic analysts.

Hu Zuming, Hua Kangsheng and Yang Jianlin also came, Qin Dachi, the Party Committee of Qizhou People's Higher Cooperative, Xu Jianliang, Deputy Director, Sun Changqing, Qizhou Mayor, Cheng Zhizhong, and Yan Zhuqing, Municipal Party Committee, all came.

Everyone seemed very happy when they were all together. More than forty people sat in a conference room, besieging a square city like four rows of mahjong.

Yang Shaozong held this symposium as the chairman of the Qizhou Prefecture. He did not care about the specific location. He sat with Mao Yushi and Chen Xihua and leisurely talked about the domestic stock market issues with Chen Xihua and Mao Yushi. Yang Shaozong saw that everyone was here, and the meeting officially began.

As soon as he put down the large teapot with the "Qishan People's Commune Management Committee" that had not changed for thousands of years, everyone knew that he was about to speak and bowed down at the same time.

Scholars also have to have a meal. If you want to achieve results, you have to invite graduate students to pay your salary for each research project, and you have to go around and do research. It costs money. Why can Qizhou University and Qizhou Economic Research Institute have emerged in the past few years? Most of the papers have high quality... In the final analysis, they are still rich. As long as they are suitable research projects, they can get a considerable amount of research funds when they are transferred.

Because scholars want to have a meal, they also have special "respect" Yang Shaozong, his parents, and everyone has a very good relationship with him. Some time ago, Yang Shaozong had a little bit of strength in his "The Long-term Impact of Local Administrative Competition on China's Economic Development", and everyone helped him build momentum.

Just now, Mao Yushi said to Yang Shaozong - this year's Sun Zhifang Economic Science Award is almost over. You are very stable. Mao Yushi is the director of the jury. Isn't his words obvious?

Yang Shaozong put the teacup and muttered softly, and everyone immediately calmed down.

He then said: "This time I invite everyone here, mainly to discuss the economic development plan of Qizhou in the next ten years. At present, the economic plan of Qizhou City was still done in 1991, and the goal at that time was to make a ten-year plan. Now, Qizhou is developing too fast, and our original plan is no longer suitable. If we continue to follow the original plan, we will encounter more and more problems later. Therefore, formulating a new plan is a very urgent new task. Our Professor Chen Xihua and Professor Xiao Aihua have been entrusted by the Qizhou Municipal Party Committee in the past two years and have given us a very comprehensive social and economic research report on the Qizhou region. We will ask Professor Chen Xihua to talk about it first!"

Everyone applauded and welcomed me, and were a little jealous.

Chen Xihua's project was initially competed for many people, because the research funding was sufficient, which was basically enough to raise a large team of seventy or eighty people to study for a long time. In the end, Chen Xihua joined forces with Xiao Aihua to seize it.

Chen Xihua understood in his heart and sighed with a smile: "Since Vice President Yang praised Lao Xiao and me like this, let me talk first. The development of Qizhou in recent years has indeed been very fast. I can say very responsibly that Qizhou is the fastest growing region in the world, no one. In the past five years, except for 1993, the gd of Qizhou in Qizhou has been rapidly rising at a rate of more than 30%, and the actual income and disposable level of residents have also increased at this rate. When I first arrived in Qizhou it was 1991. At that time, Qizhou University had just started to invest in construction and I applied for a professor of economics. I remember very clearly that at that time, the income of an ordinary member of Qizhou was more than 2,000 yuan a year, and now it is an average of more than 30,000 yuan. The speed is very fast. This is a fact, and everyone can actually see it."

Speaking of this, he suddenly became more serious and changed the topic: "Of course, we also need to see some new problems that have gradually developed in the past few years. First, the income gap between members of the Qizhou state and non-members, as well as migrant workers in other places is too large. Qizhou state has about 2 million migrant population this year, and 80% are engaged in low-value-added physical labor. Their average annual income is more than 2,000 yuan, while the annual guaranteed annual income of members of the Qizhou state is 17,000 yuan. Most members can basically get relatively high returns through private and other public funds investments.

According to reports, more than half of the self-operated members have assets of several million. Xiao Aihua and I made a statistics. There are 62 local 100 million households in Qizhou. We don’t know how many 100 million households there are in the country. But I can be sure that at least there are not so many Songzhou. Songzhou and Shenzhou are about this level. Moreover, among the 100 million households in Qizhou, there are 16 of 100 million households in Qizhou. I think everyone here knows who these people are. Although Guan Jinsheng left, he still retained his household registration and membership. It should be said that he is still one of the 100 million households in Qizhou. His value is 5 billion."

After saying this, he paused for a moment and said more solemnly: "I cited these data not to deny that the general direction of commercial liberalization and economic liberalization in Qizhou is wrong. On the contrary, I agree. The existence of Qizhou People's Higher Cooperatives has indeed guaranteed the basic income of all members on the greatest level. Qizhou's current major policies and economic policies are good. This is a model of liberalized market economy and a model of common prosperity and joint ventures between public and public si. However, we must face up to the reality that our Qizhou has a large population of foreign population, their welfare and

The income level cannot be guaranteed. We have recently found that the crime rate in the Qishan Commune region has been rising steadily. Why do people from other places come to work and earn a monthly income of hundreds of yuan? When you see that you are all billionaires, why don’t they have bad intentions? This is the fundamental reason for the crime rate in the Qishan Commune. The income gap in the region is too large. Let me give you another example. In the past two years, the members of the former Qishan Commune received an average of about 300,000 yuan in original shares. Many members immediately cashed out half of the money they cashed out, and the cashed out money was invested in the stock market and joined the joint bidding. Some of them took out a joint stock with friends to open small factories."

Chen Xihua had a lot of things to say. He said it for a while and felt strange. He always felt that it was not good for a person to expose the scars of Qizhou here. He suddenly encouraged Xiao Aihua and said, "I know less information than you. You have been studying in Qizhou for seven years. Lao Xiao, you can say a few words, just talk about Xiao Xu's affairs!"

Xiao Aihua could only continue Chen Xihua's words: "There is a local graduate student in the Department of Economics in Qizhou in my team. His surname is Xu, a young man from Xu Jiaji, who is studious. In general, he has a good fortune and was born in Qishan. During the second stock reform, he divided 150 shares of Zhongqi's original shares. Because he followed us in research and had no time to do business, he cashed out all the original shares for more than 500,000 yuan in cash, and then all of them were smashed into the shares of United Bank. At that time, it was a relatively low stage in the domestic stock market. United Bank only cost more than seven yuan per share, but now it is fifteen yuan per share. In two months, he has a net worth of 1.35 million yuan. Because he is from Lao Qishan, he

During a share reform, my parents also held shares in Qizhou Entrepreneurship Group, and he was assigned to Qizhou Xinxing Investment Company and also held shares. My parents opened an old Xuji Seafood City in Qizhou China Food Street. You may have been there. I made an estimate for their family that their main business is to open restaurants. In addition, they invest in joint bidding, buy houses, buy stocks, and jointly open small factories with relatives and friends, and buy coal mines... They also do some, and their property is about 20 million. People who have lived in Qizhou for a long time know that this situation is not one or two in Qizhou. To put it, it may make us so-called economists and experts uncomfortable, in Qizhou, we are considered the middle and lower income class...!"

I felt that Xiao Aihua was a bit too powerful, Yang Shaozong's face looked equally heavy, Chen Xihua hurriedly interrupted Xiao Aihua and joked: "You are not middle and lower level. You are listed as the first and second divisions of Zhongqi Group. This fully shows that the sooner you come to Qizhou, the easier it is to get rich. Our old Comrade Xiao has a current scale of more than one million, and the stocks in his hands are also rising. During lunch, we discuss with me which stock is easier to rise...!"

After hearing what Chen Xihua said, the originally stiff atmosphere in the conference room suddenly became lively. Everyone asked Xiao Aihua to treat him to dinner, and also wanted him to be a big scholar among scholars, asking him to lead everyone to trade stocks together.

This is a joke. Everyone here is a self-reliable economist. Who can respect others? Even when there are no outsiders, they will laugh at each other for a few words.

Everyone feels that if they intervene in the stock market, they are also masters, and there is no need for others to help invest.

Xiao Aihua is very realistic. He has been trading stocks with Qizhou people since 1992 and suffered a big loss. Later, he realized that the Chinese stock market is not that simple and analysis is useless. The principle is bullshit, and insider information is the first priority.

To put it simply, as long as Guan Jinsheng and Kan Zhidongzhong and any one of them says, the junk stocks can rise ten times. If Yang Shaozong spoke, it would be even more amazing.

Of course, Yang Shaozong never recommends any stocks, whether in si or in public.

I felt that the atmosphere was a little better. Chen Xihua also knew that some of the truth mentioned above were hurting feelings. After talking to Yang Shaozong, he took the initiative to take the initiative to take the topic and said: "Lao Xiao and I made a statistic. Lao Xiao and I originally had more than 4,700 households in Laoqishan, and the current asset scale is basically no less than 10 million. Just in the average share of Qizhou Entrepreneurship Group, each family has an average asset of 7.58 million yuan. With the operating investment over the years, there are almost no households with assets below 10 million yuan. The lowest one is the so-called five-guarantee household outside, and only two elderly people in their seventies.

There are no children in the family. Qizhou now has a permanent registered population of 1.17 million, with assets of more than one million accounting for 7%, about 82,000 people, and 13% accounting for more than 300,000 yuan accounting for about 152,000 yuan. This situation is unique across the country. I can say that the data of Qizhou is basically equivalent to a medium-sized city in Switzerland, and only in a developed country can we find a suitable reference target. From this perspective, Qizhou has been a real Chinese-style economic miracle for ten years, and this achievement is undoubtedly inseparable from our Vice President Yang Shaozong...!"

Yang Shaozong hurriedly interrupted him and said, "Don't talk about me, I can't bear it!"

When he was humble, everyone felt so embarrassed that they continued to praise him.

Don’t praise me, Mao Yushi felt embarrassed, so he persuaded Yang Shaozong: "You deserve it, don’t be too humble. No one can do it. I think you are a typical example of using your economics foundation in a small place to drive everyone to get rich together. It is basically unprecedented to do economics to your level."

Everyone originally thought that Mao Yushi, a Chinese economics master, would not praise him shamelessly, but unexpectedly, when they spoke, their level was so high that they suppressed all the praises from everyone in front.

Sure enough, he is worthy of being a master, and indeed a master who has experienced the baptism of storms.
To be continued...