Chapter 306 Human Retance
Since August 6, for 10 consecutive days, the three-party funds have to buy 1 million shares of deep development every day, accurately consuming 13.8 million yuan.
The reason why it is accurate to be 13.8 million yuan is that the stock price is basically unchanged. The main force of the market and a large number of retail investors took advantage of the market to make a crazy market deal. This is the first time that China's government has rescued the market, and it is secret. Only a few dozens of people know the details. Shareholders are in the stage of losing confidence, and only a few people are looking forward to the future.
By August 16, the opening price was still 13.8 cents, which was almost accustomed to being stiff.
This scenario can only be seen on new exchanges in new markets. Maybe one day, a country in Africa will reproduce today's scene of the Shenzhen Stock Exchange, but for Manager Tong and others, no historical nature is as good as reality.
Spend 13.8 million yuan a day, which is no different from losing 13.8 million yuan a day in gambling.
Although in terms of rationality, everyone believes that the rescue will eventually succeed, but emotionally, no one knows when it will succeed.
Is it a success for the stock price to rise by 10%? Is a 20% increase a success? If the 0.5% ups and downs are cancelled, can the current balance be maintained?
All kinds of anxiety have made the atmosphere in the exchange increasingly tense.
By August 20, after two weeks and a total of 10 trading days and consuming one-third of the funds, the stock price remained unchanged.
Longsheng's accountant Ning Lidong calculated the accounts for the third time and found that Longsheng had consumed 30 million yuan, and finally broke out. With a cry, he shouted, "Mr. Wang, we are all going to prison. We are all going to prison."
If the full investment of 80 million yuan is ineffective, or the city does not succeed at all, the adjustment fund and Dahua Group will be fine. Longsheng must be investigated at that time. Mr. Wang and Accountant Ning, who only have stocks and no cash on the books, may really go to prison.
If it really gets to that point, it will only be tens of thousands of yuan of stamp duty. It's enough for them to drink a pot with a salary of a few hundred yuan.
Su Cheng looked at the gray-haired accountant Ning and didn't know how to comfort him. He doesn't know how long the bailout will last, and he doesn't remember the time in history.
Maybe tomorrow. Maybe next week, maybe next month, maybe another month... The stock market is playing with confidence, but who knows how long it will take for the confidence of shareholders to recover? If there is no large number of retail investors and institutions to enter the market, all the money will be smashed with the three bailout funds alone, and the stock market can only rise by 10%. It is still far from the 19 yuan stock price, which is the highest in Shenzhen.
Su Cheng thought that at that time, it would be necessary to increase the investment. However. 200 million yuan in cash is easy to raise. No matter how much it is, it will affect the Haicang plan.
For municipal governments and exchanges, increasing investment is also a difficult problem. Looking at Na Ning's accountant's sad look, Manager Tong couldn't bear it. He grabbed his hand and said, "We still have two-thirds of the funds. It's really not enough. We can still borrow money from the People's Bank of China. Don't worry."
"I know, I know." Ning Lidong said so, but his expression remained unchanged.
Strictly speaking. He is just under too much pressure to stand it. He is clear about the matter itself.
It's like a college entrance examination student. Everyone will get comfort such as "study hard and give full play to your own level". However, in the face of the lifelong pressure, who can be indifferent to it?
Manager Tong shook his head and found an assistant to send Accountant Ning back to rest. The air in the room is too solid.
Accountant Ning left reluctantly. Before leaving, he also asked Mr. Wang: "You must be optimistic about the stock price. If only it could rise today..."
Wang is always a strong veteran cadre. He shouted his hand and smiled, "You, you, wrapped in broken cotton wool, a pair of poor and sour looks. What's the use of money falling on the account? It's a stock to increase the value for the whole people. Is it possible to exchange it for silver and bury it in the ground?
Everyone is smiling.
Accountant Ning was dejected and said, "Just change it to silver."
The president of the management laughed out loud and said, "It's worthy of being an accountant. It is convenient to change the money into silver, and use scales to get in and out, so as to avoid the trouble of how many accounts.
Manager Tong smiled at him, but said, "Mr. Guan, why hasn't the 100 million yuan loan you promised is in place yet? Seeing that the money was going to be spent, if it was cut off in the middle, the funds would really be wasted.
The president was embarrassed and said, "It has been approved above, but the main body of the loan they asked for is the provincial bank, and the provincial bank is unwilling, so it has been delayed."
Su Cheng interrupted, "What does it matter if the provincial bank is the provincial bank?"
The governor of the bank scratched his head and said, "The loan was allocated by the head office at the request of Mr. Zhou, and it is normal that the provincial bank is unwilling to bear it. The interest rate of this money is very low, and you have to risk a loss, and the provincial bank is not messing around. Don't worry. The head office and the provincial bank are fighting in the ring. They have discussed it clearly, and the money will be in place.
"These people, never forget this. How long will it take?
"It will take half a month at least."
"Half a month? In half a month, our money will be in a vacuum. The mayor of the farmer calculated a big account, and he was suddenly anxious.
"I'm sure it will be too late." The president of the bank is ha-ha. He himself is not particularly active in the rescue of the market, but the situation is forced to support the rescue of the market. Similarly, when the head office's money arrives, even if his responsibilities are reached, he is unwilling to push the provincial bank to bear the loan.
Banks will not take risks because of how low the risk is.
Su Cheng turned his mind and said, "Mr. Guan, since the funds have arrived, how about lending it to Dahua Industry?"
The president was stunned and said with a smile, "Dong Su, there is no problem if you want a loan, but you still need a mortgage..."
Manager Tong stopped quickly and shouted, "Mr. Su, you can't do this. If the adjustment funds collapse, your 200 million yuan will also be trapped, right?"
"You misunderstood." Su Cheng said dumbly, "I'm going to use the money from the loan to entrust the city. Isn't the provincial bank worried about the risk? Lend it to Dahua Industry, the risk is relatively low.
"No matter how much the stock price is, it will be returned by Dahua Industry in the end."
"Yes. In addition, the loan you promised to Dahua last time was only half, and the rest should be given to me. Sucheng raises cash as much as possible to avoid trouble in the future. The petrochemical base is a gold-swallowing monster.
Guanxing was happy when he grew up, which solved a big problem and immediately said, "No problem. A loan of 150 million yuan can only be used on the Shenzhen Stock Exchange to buy stocks of Shenzhen Development.
Su Cheng laughed strangely.
I can't help laughing. At the end of August 1991, when the stock market was about to pick up, someone borrowed money to beg you to buy deeply developed stocks. For Su Cheng, it is full of laughter.
"You are so kind." Su Cheng held the governor's hand to thank him.
The president was shocked and said repeatedly, "This is what we should do."
Manager Tong also opened his eyes wide and thanked Su Cheng.
Mr. Wang couldn't stand it. He got up and stopped in front of Su Cheng and said, "Aren't you bullying people? Su Dong, it's not what I said. Although we are all here to support the market, we all think that the stock market can rise, but as you said, what if it doesn't rise? This is an extra investment of 100 million yuan, not a small amount. You have to think about it clearly.
Su Cheng didn't expect that Mr. Wang would speak for him. He couldn't help patting Mr. Wang on the shoulder and said, "I'm optimistic about the deep development of stocks. I invest 100 million more, which is equivalent to buying millions more shares, and I can make more money in the future, right?"
He is talking about deep development stocks, not deep development. The more he knows about this bank, the lower his level of interest. For the current Dahua Industry, the purchase of non-listed companies is better than that of listed companies. Dahua's profits are extremely considerable, and the cash flow is abundant. The later investors are introduced, the more profitable Sucheng will be. In addition, the financial report disclosed every year is also a big trouble. Although there are all kinds of inside stories in China's stock market, if enterprises such as Dahua Industry also use false accounts, they will be exposed one day. When it comes to the scene, it will inevitably lead to a series of right and wrong.
Mr. Wang didn't believe Su Cheng's words. He grabbed his arm and said, "You have to buy the stock of Shenzhen Development. It's not too late to buy it when the market is successful. Among so many people, who can be more informed than who? I'm afraid I can't buy it.
This is not bad. Su Cheng can only explain: "Such a large amount, wait until the city is successful before buying. I guess I can't buy enough quantity."
Mr. Wang didn't have this kind of consciousness. He thought about it and said, "I don't know much about these new things. In a word, I thank you on behalf of everyone."
"You're welcome."
Mr. Wang waved his hand and said, "I'm different from them. Not only thank you, I'll give you a gift. I heard that Dahua is looking for an academician to do an evaluation? I happen to know a few."
"How many?" Su Cheng thought, can't academician-do this kind of thing be mass-produced?
Mr. Wang thought he was really asking for the numbers. He estimated it and said, "Six, seven or eight. Maybe there are more than a dozen, and there are some old scholars. Now he may retire."
"How can there be so many?"
"I like to play chess. When I exercise, every time I am put to the bottom, I find someone to play chess. You don't know that these reactionary academic authorities are quite good at playing chess, especially in the last few years. Those who can't play chess have also practiced it. There was no entertainment at that time. Except for criticism and labor, it was just playing chess..." Mr. Wang looked very nostalgic.
Su Cheng was happy: "You are so helpful. Can I ask them to introduce the academicians of the petrochemical department?"
"You can use it as you like. I'm old. Maybe I'll be forced to retire this time. It would be best if you can take these relationships. I have the whole list. If you think it's reliable, I'll write a letter for you.
In China's human society, human feelings not only represent relationships, but also the meaning of recognition and endorsement. Mr. Wang's letter is equivalent to an endorsement and asset transfer.
Manager Tong, the president of the management office and others are also much more relaxed, which is easy to assist.
... (Welcome to your support, which is my greatest motivation.) RV