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Chapter three hundred and eighteen share split

After supper, Cao Mo took Cheng Xi home on a motorcycle.

Seeing from a distance that there were still lights on upstairs and downstairs in her house, Cao Mo said, "Your parents are already this old, and they don't have any rest at this time. Their schedule is very unhealthy!"

Cheng Xi pinched Cao Mo lightly, worried that there would be a noise when entering the yard through the gate, then walked around to the side and let Cao Mo hold her over the iron fence.

Cao Mo stood outside the iron fence. After waiting for a while, he saw Cheng Xi opening the window from the room and leaning out to say goodbye to him. Then he left with satisfaction.

When he got home, Cao Mo went upstairs, fearing to wake up his sleeping family, so he went upstairs barefoot. However, when he opened the door and looked back, he saw Han Shuyun peeking through the crack in the door.

"Why are you acting like a thief?" Cao Mo asked.

"You act like a thief. You didn't come back until now. You went upstairs without making any sound, barefoot, as if you were afraid that people would know." Han Shuyun glanced at Cao Mo and closed the door with a bang.

.

Cao Mo shook his head, opened the door and walked into the room. He read the information for a while and then washed up and went to sleep.

Song Yuqing lives in Qingtang Lane. Although it is not as lively as the main street and the structure of the house courtyard is not as good as the main street, the biggest advantage is that vehicles are not allowed to pass through and cars can be parked in the alley at night. This is when Cao Mo started to buy Tianzifang 118

No. Unexpected.

Cao Mo slept until eight o'clock before getting up.

At this time, his father and Chen Rong had already gone out; Jiaying was starting a business and went to her own company early in the morning; but Han Shuyun was still sleeping soundly during the summer vacation, and Cao Mo thought about the time-honored store in Shiqiao.

I walked over to the breakfast shop after washing up, but I didn't want to see Song Yuqing's mother standing in front of the counter ordering food as soon as I entered the shop, holding a small border collie in her hand.

"Aunt Su, are you coming to buy breakfast too?" Cao Mo greeted, "After buying so much, Sister Yuqing and Zhou Han haven't gone out yet... I thought they had gone to the company early in the morning, and I was worried that I wouldn't be able to catch them.

I’m sitting in my car.”

"..." Song Yuqing's mother looked at Cao Mo hesitantly. Of course she recognized Cao Mo, but she was a little confused.

During the Spring Festival, she personally saw Cao Mo get up from Zhou Han's bed in the middle of the night, and then Yu Qing accompanied Zhou Han to go out for supper with him. Then Yu Qing and Zhou Han came back alone, but the young man was nowhere to be seen, saying that he was in a supper shop.

There was a quarrel and people ran away.

Song Yuqing's mother felt that these guys were unreasonable at the time, and thought that Zhou Han was a smart and independent girl, so she should have separated from these guys long ago. However, hearing Cao Mo's tone now, she didn't think so.

"Then I'll just go to your house for breakfast!" Cao Mo was also shameless and asked the clerk to add some soy milk and fried dough sticks. He paid the money directly and helped Song Yuqing's mother lead Bian Mu back.

"I don't know why they have so much to talk about. They haven't gone to bed at two or three in the morning. As a result, they haven't gotten up yet. They are so old. It's true. Today is Monday.

She didn't even go to the company class to study hard." Song Yuqing's mother was finally confused by Cao Mo's loyal look, and she kept nagging along the way that Song Yuqing and Zhou Han actually didn't get up at this time.

"Sister Yuqing has a good relationship with Zhou Han in Kanem. She even insisted on dragging Zhou Han over to accompany her. We only met once in half a year. Of course, we have endless things to talk about. We were in London the day before yesterday.

There is a time difference and the work and rest times are different," Cao Mo said.

When Song Yuqing's mother opened the courtyard door, she was met by two little old ladies of about the same age, who invited her to go to the park to walk the dog for exercise. Cao Mo saw the hesitation in Song Yuqing's mother's eyes and said, "Aunt Su, you go

Let's go to the park, I'll wait for Sister Yuqing downstairs, Zhou Han and the others will do..."

Seeing Song Yuqing's mother leading the dog and walking away with the two little old ladies, Cao Mo immediately threw the breakfast on the coffee table in the living room and crept upstairs.

He had long been familiar with the structure of Song Yuqing's house. After going upstairs, he knocked twice in front of the guest bedroom door to confirm whether Zhou Han was still asleep, and then gently pushed open Song Yuqing's room.

Song Yuqing was sleeping soundly, but her sleeping appearance was not good. Her whole body was turned away and she was sleeping on her stomach. Her snow-white arms were pressed on the thin silk quilt, and her thick black hair was spread out on the pillow, completely covering her face.

live.

Maybe it was because the air conditioner was set a little too high, so Song Yuqing covered her upper body with a quilt, with two long, snow-white plump legs stretched out. Her nightgown had already been rolled up to her waist, and she was wearing a pair of silk underwear, with her buttocks slightly raised.

It is plump and plump, and collapses in a perfect arc to the waist. The skin is so delicate and smooth.

Seeing this beautiful scenery, Cao Mo couldn't help but gently took off half of his silk underwear, and touched the lush hills for a while. He soon couldn't hold it anymore and quickly took off his clothes.

He pressed against the body that fascinated him from behind, and just when he was about to get under the quilt, he heard a "squeak" sound, the bathroom door had been opened, and Song Yuqing, who was wearing a nightgown, looked over with a look of astonishment.

Cao Mo was even more shocked. He didn't expect that half of his underwear had been taken off by him, and it was Zhou Han who was sleeping on his stomach.

He hurriedly jumped out of bed, picked up his clothes and pants, tiptoed into the bathroom, and asked, "Why is she sleeping on your bed? Oh my god, it scared me to death!"

"Who knew you didn't make mistakes on purpose and were scared to death? Look at you, you ugly thing." Song Yuqing closed the bathroom door, gently grabbed Cao Mo's ears, looked at the ugly thing below him, bit her lip and asked.

"The conscience of heaven and earth only pays tribute to you. Why would Zhou Han sleep in your bed?"

"We chatted very late, so we just slept together," Song Yuqing said, "otherwise I would let you take advantage of this?"

Cao Mo decided not to discuss this unclear issue with Song Yuqing. Since he had already taken off all his clothes, there was no reason to put them on again. He gently pushed her to the washstand and kissed her seductive lips.

Song Yuqing was so breathless from being kissed that she pushed Cao Mo away and asked, "How did you get in? Where is my mother?"

"Your mother saw that I looked loyal and honest, so she helped me open the courtyard door, and then went directly to the park to walk the dog with the neighbor. She had no idea that she was luring a wolf into the house..." Cao Mo said proudly, pulling Song Yuqing's nightgown off.

Lift it up to remove all the few remaining clothes from her.

"No, Zhou Han..."

However, Song Yuqing's protest had no effect at all, and in the end it could only turn into intermittent screams for mercy...

Zhou Han rested her cheek on her arm and listened to the movements coming from the bathroom. She could almost imagine Song Yuqing and Cao Mo getting together, which made her even more confused.

She heard Cao Mo talking to Song Yuqing's mother downstairs, but she didn't wake up at that time. She thought she was dreaming, so Cao Mo took off half of her underwear, and she really slowly

He woke up, but Cao Mo had already touched him shamelessly.

In the past, she would just "wake up" and "scare" Cao Mo away, but after what happened yesterday, her heart was still full of emotions, and Cao Mo's hands on her made her even more confused.

If you don't want to wake up, just think that you will make a mistake.

When Cao Mo was stopped by Song Yuqing and pulled into the bathroom, Zhou Han could clearly realize that there was a trace of disappointment in his heart, and he hesitated whether to open the door and walk in directly.

Thinking of this, Zhou Han's face felt a little hot, and he cursed himself for being shameless in his heart. He pretended to have just woken up and asked into the bathroom: "Yu Qing, are you in the bathroom? What?"

sound?"

"Ah, Zhou Han, are you awake?"

Hearing Song Yuqing's panicked voice, Zhou Han laughed and said: "Is there a thief in the room? Why do I hear your voice in the bathroom is a bit strange? Is it a thief who steals money or a thief who steals incense?"

"

Hearing the sound of Song Yuqing slapping Cao Mo, Zhou Han got up and said, "I'll go back to the guest bedroom and sleep for a while. You can fight the thief yourself!"

…………

…………

Considering that her mother had an uncertain time to exercise walking the dog in the park, Song Yuqing let Cao Mo have his way, then quickly took a shower and went downstairs to have breakfast, and the three of them drove to Zhiyun Lake Industrial Park together.

The domestic production of Cornero Food and the product design, R&D and testing center of Tianyue Industry are all located in Zhiyun Lake Industrial Park. Song Yuqing and the others have long been considering whether to move all the domestic marketing departments here.

Now that Ding Zhaoqiang has shown a clearer attitude of vigilance towards the cooperation between the two parties, Cao Mo is no longer willing to work in Dongsheng Building at home, so this time he simply decided to place the domestic headquarters in Zhiyun Lake Industrial Park.

In Zhiyun Lake Industrial Park, in addition to existing factories, there are also several office buildings for rent.

After rushing to the testing center, Cao Mo met with Chen Feng, Guo Donghu, and Xu Bin, and decided to go directly to the industrial park management committee to discuss the leasing of office buildings and the relocation of the domestic headquarters' registration location to see if there would be any taxes and regulations here in the park.

Discounts on rent.

For the specific matter, Song Yuqing, Chen Feng and others went to contact the person in charge of the park management committee. Cao Mo was in the temporary office of the test center after reading the daily work emails sent by Wendy Scarf, Abuja and others.

, just browse the reports on the share-trading reform.

However, the information on the split share structure reform on the Internet is complicated. Even if you just search for information about the split share structure reform of New Steel Union, there are hundreds of media reports, comments and analyzes from institutional investors and experts, and discussions in major forums.

After reading the webpage for a while, Cao Mo felt dizzy...

"I discussed with Yuqing last night and felt that Yu Jinjie must have cooperated with Han Shaorong on the share-trading reform of New Steel Alliance, and the Lu family should also be involved!"

Zhou Han was nominally Cao Mo's assistant, and would not directly interfere with the specific affairs that Song Yuqing, Chen Feng, and others were responsible for in the country. In the temporary office, she sat opposite Cao Mo and saw Cao Mo looking at him with a sad face.

I was worried about the report about the share-trading reform of New Steel Union that filled the screen. I stood next to my desk and said,

"But Dongsheng invested too much money in the Ziying Lake New City project in Chonghai. During the share-trading reform of New Steel Union, it only wanted to ensure that the current interests were not damaged and had no intention of taking on more state-owned shares...

…”

This surface information is relatively easy to obtain, but how to conduct in-depth analysis from this complicated surface information so that they can use limited resources to create more discomfort for Han Shaorong and the Lu family is a skill that they have to specialize in.

Cao Mo thought not to talk about him anymore. Zhou Han might not have enough energy to help him pay attention to this matter, and he couldn't delay the meeting in Akwa just to deal with Han Shaorong and the Lu brothers.

The development of Kanem.

Cao Mo lowered the backrest of the functional chair, half-lying on the chair in a more comfortable posture, and said to Zhou Han: "The domestic stock market is crazy enough. I gave my sister 20 million, and she didn't even need three."

Month, she told me yesterday that her account profit was 18 million. Just now she sent me a message to show off, saying that half an hour after the market opened in the morning, her capital account had already exceeded 40 million. With this small amount of money, she couldn't do anything.

whats the matter……"

"Since your sister is talented in this area, why don't you just call her over and ask her if she has any good suggestions?" Zhou Han asked.

Cao Mo didn't want to tell his family too much. The main reason was that the situation in West Africa was dangerous and there was no need to put unnecessary psychological pressure on his family. But at the same time, he didn't want his father to get involved in the company's affairs.

The company and family need to be clearly distinguished. He has to consider whether letting his father participate in domestic affairs will cause trouble to Song Yuqing, Chen Feng, Guo Donghu, Xu Bin and other domestic teams.

Logically speaking, allowing Jiaying to properly participate in domestic affairs will not cause any trouble in this regard, but as long as Stari is in West Africa, and Song Yuqing and Cheng Xi are both in China at the same time, he needs to consider Jiaying's involvement.

,Are some things going to get a little complicated?

"Why, are you worried that your sister will collapse your image in her mind if she knows that you are involved in many things at home and abroad?" Zhou Han asked jokingly.

Cao Mo later found out that Zhou Han was already awake when he broke into the room and recognized the wrong person and touched her hand. He didn't expect that she could still pretend to be nonchalant now. He couldn't help but recall the soft touch and the charming scenery between the hills and valleys.

landscape.

If it weren't for the fact that he had just held Cheng Xi's hand yesterday, things would have become a bit complicated. Cao Mo felt that he might not be able to suppress his inner urge at this time.

"You're staring at me. What's on my face?" Zhou Han still felt guilty. He glared at Cao Mo and then sat back in his seat. After all, he was afraid that if Cao Mo couldn't control his inner desire to tease her, she wouldn't

Know how to respond.

"Ahem, I'd better go directly to my sister and ask. I don't want to bother her sister-in-law to come here..." Cao Mo decided not to let Jiaying get involved in this matter, and went directly to Jiaying to see if she knew about the equity.

Some things about the split-trading reform, and by the way, let’s take a look at how she usually makes securities investments.

…………

…………

For the purpose of training, Cao Mo asked Jiaying to register a compliant investment company so that when the time comes, he can register a formal private equity fund in the country in a serious manner.

East China University of Finance and Economics has great preferential policies for students to start their own businesses. In order to achieve both study and entrepreneurship, Jiaying registered her first private company, Muxiang, in the Entrepreneurship Park at the University of Finance and Economics headquarters.

invest.

Cao Mo took a taxi and rushed to Caida Entrepreneurship Park not far from Dongsheng Building. He saw Shen Ji and Jiaying, who had arrived a step ahead, standing downstairs waiting for him to come.

"Why did you come here alone?" Shen Ji asked doubtfully.

Cao Mo called and said he wanted to discuss the share-trading reform of New Steel Union. Shen Ji thought Zhou Han, Chen Feng, and Song Yuqing would come with Cao Mo, but he didn't expect him to take a taxi and come here alone.

"I am the most leisurely person!" Cao Mo said with a casual excuse. He looked up at the two towering office buildings in Caida Entrepreneurship Park. They had all-glass curtain walls and looked quite high-end. He curiously asked Jiaying, "Your school is so rich and powerful that it gives you such a good office building to start your own business?"

"What do you call play?" Jiaying took Cao Mo's arm and said unhappily, "Our school encourages students to start their own businesses. The market for these two office buildings is so good, but the rent is only one-third of the same lot... "

"You brothers and sisters are really amazing. I didn't know that Cao Jiaying was actually involved in securities investment in a company registered in Ba Jing!" Shen Ji just heard Cao Mo talk about Muxiang Investment on the phone, so he specifically dropped the work at hand. run over here.

The three of them took the elevator to the sixteenth floor.

Muxiang Investment rented nearly 200 square meters of office space on the 16th floor. The monthly rent is only 8,000 to 9,000 yuan, which can be said to be quite cheap.

At present, in addition to herself, the company also has three researchers and traders and one logistics staff member.

In addition to the logistics staff recruited directly from the society, three researchers

The members were all seniors in their school, and Cao Mo had heard Jiaying mention it on the phone before.

The year before last, the University of Finance and Economics teamed up with Dongjiang Securities to hold a securities investment competition for college students. Although the simulated disk competition ended after two sessions due to the poor social impact, there were many winners in the two sessions of the University of Finance and Economics. In the Xinhai Securities investment community It is still relatively well-known, and some people have invested in private equity companies while in school, or have decided early to work in securities companies after graduation.

Jiaying had just started to register a company, and she was not yet qualified to directly hire senior students or graduate students who had participated in securities investment competitions and received good rankings from her school, and she could not offer an exciting salary, so she directly hired these three She owns 60% of the shares, and the other 40% is divided equally between the three of them. They use the 20 million yuan that Cao Mo gave her to invest in securities.

In addition to the company's front desk and a small public office and reception area, the other six small offices are partitioned by transparent glass, making the space quite transparent.

Cao Mo and Shen Ji stood at the door of Muxiang Investment. Through the partition glass, they saw three researchers and traders. Although their faces were still a little childish, they were all sitting in front of the computer screen in their respective offices, staring at the market and market. Time-sharing trend chart of individual stocks.

"Muxiang is not yet qualified to raise funds directly, and is still in the stage of managing money on behalf of clients. However, my sister is very supportive of me. If I lose 20 million, it will all be mine. In addition to such a high management fee, In addition, they will also take away 30% of the profit commission." Cao Mo did not rush in and complained to Shen Ji at the door, "She also told me that this is the rule of managing money on behalf of clients. Later I realized that I am such a big person. If you really need a professional team to manage your funds, it would be polite to give you a 10% commission on profits. Don’t mention any management fees at all. Don’t let her fool you later..."

"Brother! You have to save me some face later and don't talk nonsense!" Jiaying yelled coquettishly, "Also, my partners don't know that I use family money to invest. Both of you are The clients I brought over are not allowed to tell the truth!"

"Okay!" Cao Mo surrendered, "I wonder why you changed your temper and actually came downstairs to greet us in person? It turns out you were afraid that we would spill the beans!"

Sitting in Jiaying's office, Jiaying waited until the market closed at 11:30 before calling the three partners over.

Chen Zhiyu and Cheng Xin are two very bookish boys. They are both finance students who are about to enter their senior year. They were the bronze medal winners of the Dongjiang Securities Golden Flower Cup College Student Securities Investment Competition last year; and Wu Ruifang, the golden flower cup silver medal winner the year before last, is currently studying in finance. In her second year of graduate school, she is a pretty girl wearing thick myopia glasses and a few pimples on her face.

At present, Jiaying has divided 20 million funds into three accounts and handed them over to three of them for independent trading. In addition to monitoring the market during normal times every day, after the market closes in the afternoon and on weekends, the four people have to gather together for review and discussion. Securities market dynamics, adjust investment strategies.

After listening to Cao Jiaying's introduction to Cao Mo, Shen Ji is currently the company's only two customers, and compared to their qualifications, the amount of funds is already quite large. They are not very sociable, but they all tried their best to show their enthusiasm. .

At noon, he simply ordered takeout and sat in the guest area to eat and chat. Cao Mo mainly wanted to know whether they understood New Steel United's share-trading reform and what differences they could analyze from the complicated surface information. thing.

Share-trading reform is a hot topic in the current securities market, and New Steel Union, as one of the few listed companies in Xinhai Shuoguo that has not yet completed its restructuring, Cao Jiaying and others happened to have researched it, and they paid more in-depth attention than Shen Ji's amateur attention.

Xinhai Iron and Steel, as a long-established municipal state-owned enterprise founded in 1953, mainly introduced scrap steel from domestic and foreign countries for steelmaking in the early years. In the 1980s and 1990s, it reorganized with several rural steel companies in Xinhai Suburban County and introduced new smelting companies. Steel production lines have developed rapidly.

At that time, the ownership structure was already relatively complex, but it was still a municipal state-owned enterprise.

At the end of the 1990s, Xinhai City promoted a new round of state-owned enterprise restructuring. Xindan Group under the name of Yu Jinjie and Dongsheng, Taihua and other private enterprises that had already emerged in Xinhai at the time participated to form the non-state-controlled Xinhai Iron and Steel United Co., Ltd. Limited company, the municipal state-owned shares were reduced to 30%.

However, at that time, in addition to the 40% shares held by private companies such as Xindan, Dongsheng, and Taihua, there were also up to 30% employee shares.

With the listing and issuance of public stocks by New Steel Union and the listing and circulation of employee shares, the municipal state-owned shares have been reduced to 25%, and the shareholdings of Xindan, Dongsheng, Taihua and other enterprises have also been adjusted several times, reduced to 35%, and this totals 60 % of the shares held were non-tradable shares. Their shareholding cost at that time was calculated based on the value of the stock, which was far lower than that of publicly issued public shares. In previous years, employee shares also paid a certain compensation price to obtain the right to be listed and circulated. of.

The share-trading reform was officially implemented in 2005. Because Xindan Group, controlled by Yu Jinjie, wanted to take this opportunity to take over all state-owned shares and obtain circulation rights, things became very complicated. Three separate-trading reform plans were launched successively. Didn't get passed.

Wu Ruifang analyzed the individual cases more deeply:

"It has been a year since New Steel Union suspended trading for the third time. Before the suspension, the bull market had not yet exploded. The stock price was only three yuan. Based on the profit in the first half of this year, the price-to-earnings ratio may have dropped to around 5. The third plan is Xindan Group, together with several investment funds, plans to acquire a total of 2.3 billion state-owned shares at this price, and then compensate 2.2 shares for every 10 tradable shares in exchange for tradable rights. At the same time, the non-tradable shares will be divided into batches after 12 months. The core of the calculation of listed circulation and compensation plans is actually the price-earnings ratio. The price-earnings ratio of listed European and American steel companies is generally below 5.5, but the European and American steel consumer markets have been shrinking in recent years. Use this price-earnings ratio to calculate China's increasingly prosperous steel consumer market , is obviously inappropriate. Of course, the real resistance is not in the shareholders of tradable shares. For them, they are more worried that if the stock continues to be delayed without resumption of trading, they may miss the dividends of this bull market; the real resistance is still a lot of worries about state-owned assets. Lost people. Three times before and after the plan was proposed, many people reported objections to departments at all levels. The current situation is that if the city is not determined to directly submit the third plan to the shareholders' meeting for voting, trading will resume on Friday and wait. The fourth plan is released..."

"When trading resumes on Friday, will the stock price of New Steel Union rise restoratively?" Cao Mo asked.

"It will rise a little, but not by much," Wu Ruifang shook his head and said, "With such a large market, even in a bull market, the power of retail investors is limited. The circulating stock chips used by Xindan Group to suppress the stock price will definitely not Less. However, if we really have this opportunity, I still recommend that all our funds be heavily invested in New Steel Union. Even if New Steel Union's equity split may take a long time, it may drag through this bull market, but after all, its value is there. …”

"If the suspension lasts for a year or more, and our funds are locked up, wouldn't we miss the second half of the bull market?" Cheng Xin and Chen Zhiyu opposed Wu Ruifang's proposition.

Cao Mo and Shen Ji looked at each other.

Although his understanding of securities investment is very limited, from the attitudes of the three of them towards New Steel Alliance, it can be seen that Wu Ruifang still focuses on value investment, while Cheng Xin and Chen Zhiyu are more inclined to trend investment.

And judging from the actual performance of the three of them, Cheng Xin and Chen Zhiyu's performance is much higher than Cheng Ruifang...


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