"Hey, if I tell you to say it, just say it, come on, Secretary Ding, you don't have to remember it, just chat casually? It doesn't matter if you say it wrong." Secretary Bao seemed to have noticed Feng Sizhe's concerns, and smiled.
Ask Ding Quanli to put away the notebook, and then looked at Feng Sizhe with sincere eyes.
Feng Sizhe saw that Secretary Bao had put on this attitude, and he also knew that it would be useless if he didn't say anything today. Besides, the purpose of his coming was to show off his talents and at the same time provide some ideas for the development of the country's securities industry to avoid detours. Now
Secretary Bao asked himself to say it, which was exactly what he wanted.
"Okay, then I'll try to talk about it, just like what you just said. If I make a mistake, you can't blame me." Feng Sizhe looked at Secretary Bao with a mocking smile.
"Well, I know, just say it with confidence." Seeing Feng Sizhe injecting the vaccine so strictly, Secretary Bao became more and more curious about what Feng Sizhe would say next.
After clearing his throat, Feng Sizhe finally spoke. "Secretary Bao, economic construction requires a lot of funds. While opening up to attract foreign investment, it is also urgent to open the domestic capital market. The establishment of a stock exchange is also an urgent matter. Yes, yes.
For many people who came out of the Cultural Revolution thinking, the term securities means setting up a joint-stock company, issuing company shares, and setting up a stock exchange. It is simply a fantasy. This is simply the path of a capitalist society.
, for this reason, the first problem arises, that is, concepts. As things develop and society wants to move forward, old concepts must be changed."
When Feng Sizhe threw out the word "concept" first, Secretary Bao nodded, "Yes, that's good, continue." As a pioneer of reform, Bao Jingguo also knew very well that although the Republic had not been established for a long time,
But we have experienced so many things that many people’s current thinking is to seek stability. To seek stability is to be cautious. But being too cautious will sometimes hinder the development of society. If this concept is not changed, many things will naturally not go forward. This point
He knows deeply.
"Okay." Feng Sizhe also nodded, and at the same time he began to formulate a language structure in his mind, "I think the central government must have some disputes about whether and how to introduce foreign banks and whether and how to establish a stock exchange, but I think
I want to say that the stock exchange must be built. The answer is very simple. National development is now centered on economic development and paving the way for economic development, so the stock exchange will be an inevitable product. And I believe that as long as we can unify our thoughts and coordinate
Work, establish laws and regulations, such as strict company laws, securities laws, and work with legislative bodies, regulatory agencies, and academic units to promote and supervise, and the problem will not be big..."
Feng Sizhe relied on later generations to give substantial suggestions on some of the shortcomings of the stock exchange in 1990. Of course, it was not so much suggestions as discussions with Secretary Bao. Feng Sizhe was also convinced by this, and Secretary Bao himself was like
A born economist, whenever Feng Sizhe puts forward a good idea, Secretary Bao will immediately grasp the key and find the corresponding solution to the problem immediately. It can be said that after a long conversation with Secretary Bao, Feng Sizhe
I have also benefited a lot. After all, he did not pay much attention to the Shanghai Stock Exchange in later generations, and he did not see some in-depth issues. But now after listening to Secretary Bao’s words, he thanks himself for gaining a lot of insight.
Secretary Bao also felt deeply after a long conversation with Feng Sizhe. Many of the new ideas and new ideas put forward by Feng Sizhe were immediately recognized by him, so that a flash of light flashed in his mind, and many new ideas and ideas that he had not understood before came to him.
All the questions had the best answers instantly.
"Hahaha, Feng Sizhe, it's not simple. The double master's degree economics graduate student from Cambridge University is thoughtful and thoughtful." After a long chat with Feng Sizhe, Secretary Bao said with some appreciation.
"Secretary Bao was so complimentary. These are just things I saw abroad and later heard from my mother. Oh, my mother is an associate professor in the Department of Economics at Cambridge University, and now she has also opened a small company. As the saying goes, practice
The truth came out. In the process of doing business, she lamented the problems existing in some foreign exchanges. For example, foreign exchanges have many problems of secret operations and lack of transparency, which makes many companies that want to invest and expand their business here not allowed to do so.
I don’t hold a conceptual attitude." Feng Sizhe gave all the credit to his mother while joking. At the same time, he also indirectly explained that his mother has his own company abroad. In this way, Feng Sizhe will be able to spend more money in the future.
, no one will criticize him anymore. In fact, even if he didn't talk about Bao Jingguo, he knew this. How could Bao Jingguo, who was about to become one of the national leaders, not be unclear about the situation of various aristocratic families in Kyoto?
.
It can be said that with Feng Sizhe's experience of more than 20 years of rebirth, making money is now a very simple matter for him. For example, right now, let alone the Gulf War, how can oil futures be created for people?
How much wealth, just talking about stocks, Feng Sizhe clearly told him in his memory that on May 21, 1992, the Shanghai stock market relaxed the limit on stock price increases. In three days, the stock price soared, and the index increased from December 1990 to
The base index on the 19th soared to 1429 points from 100 points. In one and a half years, the Shanghai Composite Index soared 1329%. Each share of Vacuum Electronics rose to more than 2,500 yuan, and five new stocks including Yanzhong Industrial rose almost 3000%. This is a big deal for Feng Sizhe.
It is an absolute good opportunity to make a lot of money.
At the same time, Feng Sizhe knew better that such an opportunity only lasted five days. Five days later, that is, after May 26, the stock price began to plummet, which lasted for five months. This was the first sharp rise and fall. By August 1992, the stock price had
It fell by nearly half. Of course, five days was enough for Feng Sizhe to accumulate his original capital, but now he has no intention of developing the stock market. He is waiting for his mother to get the war fortune from the Gulf War.