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Chapter 324: Shenzhen Stock Exchange

When Yao Yuan arrived at the checkpoint, he called Yu Yongan and told him to cancel the arrangement of viewing the villa in the afternoon. Yu Yongan didn't ask anything.

Before the ruble fell, Yu Yongan would have thought too much and thought that Yao Yuan was deliberately alienating him. But after the ruble crisis, Yu Yongan's trust in Yao Yuan has reached a blind height.

He believed that Yao Yuan would definitely tell him what he should know, and if he shouldn't know, don't ask, don't pry, and just do your own thing.

As soon as I passed the border, the leaders of the Shenzhen Municipal Government were waiting in front.

The two Mercedes-Benz S500s that Yao Yuan and others were riding in were also the first Mercedes-Benz S-Class to enter the Chinese mainland market. They use the classic W126 chassis, which is the Chinese people's impression of the Mercedes-Benz S-Class and defines domestic luxury cars.

For Yao Yuan's safety, Yu Yongan assigned him the S500Sel. The suffix "sel" means bulletproof, which means it is a bulletproof car.

With the increasing number of people-to-people exchanges between the mainland and Hong Kong, Guangdong Province issued regulations for Hong Kong vehicles to travel in Guangdong Province. At this time, the Guangdong and Hong Kong license plate system had just been launched. Yu Yongan was a clothing king in the mainland, so he naturally got the first place.

The first batch of license plates is a 92-type license plate.

Moreover, Hong Kong license plates were hung at the same time. In the early 1990s, it was a very peculiar dual-license car.

When Yao Yuan got out of the car, Deputy Mayor Ye, who was in charge of economics in Shenzhen City, quickly came up to him. He held Yao Yuan's hand tightly with both hands and said, "Mr. Yao, I finally expected you to come."

A few months ago, Yao Yuan visited the Shekou Industrial Park with tens of millions of foreign trade orders. The Shenzhen Municipal Government took action upon hearing the news. The person who received Yao Yuan at that time was Vice Mayor Ye, the second-in-command of the municipal government.

"Mayor Ye, I kept you waiting for a long time." Yao Yuan said with a smile.

"No, no, I know Mr. Yao is pressed for time, so we'll go to the exchange now." Vice Mayor Ye said with a smile.

But everyone could see that it was Deputy Mayor Ye who was anxious.

Since he agreed to help, Yao Yuan naturally did not put on airs and readily agreed.

The leading cadres who accompanied him got on the bus one after another, and the people on Yao Yuan's side also got on the bus one after another. A police car opened the way in front of him, roaring towards the Shenzhen Stock Exchange.

Shenzhen Stock Exchange is a strange place. Shenzhen Stock Exchange is the experimental field of reform and opening up, and it is the vanguard of "crossing the river by feeling for the stones". It started its trial operation on December 1, 1990, just ahead of the Shanghai Stock Exchange (which opened on December 19 of the same year), and

At that time, the Shenzhen Stock Exchange had not yet obtained a license!

This kind of thing would be unimaginable twenty or thirty years later, but in the special zone of Shenzhen City, such actions are regarded as daring to be the first.

It was not until April 16, 1991 that the Shenzhen Stock Exchange received approval from the central bank...

At that time, for the sake of the Shenzhen Stock Exchange, the Shenzhen Municipal Government required public servants and employees of enterprises and institutions to buy stocks through apportionment and other methods, and some units even adopted the method of directly deducting stocks from their wages. The stock price rose in the previous period, which triggered a wave of stock fever.

For a time, people in Shanghai and Shenzhen were talking about stocks.

The good times did not last long, and Chinese people who had no experience in the securities market soon suffered. At the beginning of the year on the Shenzhen Stock Exchange, the first batch of major stocks fell to the limit across the board. The Shenzhen Municipal Government even issued regulations that the decline should not exceed 2%.

Still can't stop the momentum of falling by the limit at the opening.

This kind of "government does not allow stocks to fall" action would be unimaginable twenty or thirty years later, but in the early 1990s, it was perfectly normal.

At this time, the Shenzhen Stock Exchange is in dire straits. If it cannot get up again, it is very likely that only the Shanghai Stock Exchange will remain as a pilot stock market in Shanghai and Shenzhen.

The Shenzhen Municipal Government is extremely worried.

Want to save the market!

It costs a lot of money!

The economy of Shenzhen City has just started, and it is not yet possible to support the construction of a world-class super economic city in two western provinces in 30 years.

After reporting to the province, the province reported to the national level, and finally Deputy Mayor Ye organized a rescue command team to go to Beijing to meet with the central bank to discuss the rescue plan.

Vice Mayor Ye took the initiative to get into Yao Yuan's car, and without even exchanging a few words, he introduced the situation facing the Shenzhen Stock Exchange.

"The central bank allocated 50 million yuan to set up a special account, and the provinces and cities raised 50 million yuan, for a total of 100 million yuan in rescue funds. It is said that the provinces and cities raised funds, but in fact it mainly relies on our Shenzhen city to solve the problem." Vice Mayor Ye sighed and said

.

Yao Yuan was stunned, "100 million bailout funds?"

"Yeah." Vice Mayor Ye smiled bitterly.

Yao Yuan smiled helplessly, "One hundred million is enough for what."

"That's why I'm so anxious to ask Mr. Yao to come over and ask for your help." When Vice Mayor Ye said this, he felt embarrassed.

Currently, there are five stocks on the Shenzhen Stock Exchange, namely the five companies listed in the first batch: Shenzhen Development Bank, Shenzhen Vanke, Shenzhen Jintian, Shenzhen Anda, and Shenzhen Yuanye.

For example, Shenzhen Development Bank is Shenzhen Development Bank.

Twenty years later, this bank merged with Ping An Bank and became the new Ping An Bank, with total assets in the trillions...

However, now in 1992, Shenzhen Development Bank's stocks are veritable junk stocks, and the trapped shareholders are complaining, because most of the shareholders are civil servants and employees of enterprises and institutions, which have already involved social stability issues.

Before coming here, Yao Yuan had studied the situation of the Shenzhen Stock Exchange. As for future generations’ memories, he no longer knew anything about the stock market, but he also knew the legend of the old five stocks on the Shenzhen Stock Exchange. Among them, he had the deepest impression on Shenzhen Development Bank.

Yao Yuan said in a deep voice, "To stabilize the stock market, at least 500 million in funds are needed."

He has done the calculations. Yongan Group has a lot of professionals. It is too easy to make a simple research and analysis.

Vice Mayor Ye smiled bitterly and said, "There is really no other way, Mr. Yao, I know you have more than one billion US dollars in foreign exchange and are very powerful. The city government has decided that as long as you are willing to help, you can choose any land in the city.

If you run a business, you’ll get three exemptions and two discounts. Don’t you have an import and export trading company, Nangang Ocean Trading? The city government can allocate a piece of land in Shekou Port and let you build a storage base.”

"All in all, as long as you are willing to help, we can negotiate any terms."

Preferential policies that future generations would never dare to think about are now there. As long as Yao Yuan nods, they are all his. This is a once-in-a-lifetime opportunity, but Yao Yuan does not want to leave a place for future generations to criticize.

Yao Yuan said, "Southern Industrial has many holding companies and subsidiaries. I can't remember exactly how many there are. As long as it does not violate policies, Southern Industrial is willing to contribute to the economic development of the special zone."

He changed the topic and said, "Mayor Ye, it is no problem for Southern Industrial to participate in the rescue of the market. It is not a problem to spend several hundred million in funds. There is no need to use foreign exchange. However, if the city government can only spend 100 million,

If Southern Industrial makes up the rest of the bailout funds, then Southern Industrial will definitely become the largest shareholder of Shenzhen Development Bank. We are a private enterprise and Shenzhen Development Bank is a local state-owned bank. Here..."

Vice Mayor Ye waved his hands and said, "On this issue, the meeting also reached a conclusion. The market economy is diversified and private capital should be allowed and encouraged to enter the financial industry. You don't have to worry."

"Is there a conclusion at the national level?" Yao Yuan asked cautiously.

Vice Mayor Ye nodded affirmatively, "Yes, I got the red-headed document."

For the Shenzhen Municipal Government, the top priority is to eliminate hidden dangers to social stability, especially when it involves the city's civil servants and enterprises and institutions. Furthermore, compared with the four major banks, Shenzhen Development Bank is an extremely small local bank.

, it’s not eye-catching at all, it doesn’t matter who controls it.

Of course, who could have imagined that thirty years later, Shenzhen Development Bank would develop into a behemoth with total assets of over one trillion yuan.

This is a good opportunity for Yao Yuan, and he has just acquired Nanyang Bank. In this way, even if Nanyang Bank's entry into the mainland market is not smooth, he can still implement it through Shenzhen Development Bank.

The most important thing is that after taking control of Shenzhen Development Bank, Yao Yuan's idea of ​​setting up a bank in Russia has a foundation - to set up a bank in Russia, the prerequisite is to have the endorsement of national credibility.

Yao Yuan began to think deeply. He hoped to bring state-owned capital on board and go to Russia to get a share of the pie. In this way, he would not only contribute to the country's foreign economic development, but also provide himself with a layer of insurance.

Seeing Yao Yuan deep in thought, Vice Mayor Ye thought he was hesitating. He thought for a moment and said, "Mr. Yao, if you have any other conditions, please put them forward and the city government will do its best to resolve them."

Yao Yuan came to his senses, thought for a moment, and said, "I want the operating rights of Shenzhen's urban gas pipeline."

"Gas pipeline?" Vice Mayor Ye did not respond, Yao Yuan's mind was spinning too fast.

At this time, gas had already begun to be burned in the city, using gas tanks. Piped gas was very common in later generations, but piped gas had not yet begun to develop.

However, Vice Mayor Ye was knowledgeable and figured it out in a blink of an eye, "Mr. Yao, do you want to engage in piped gas?"

"Pipeline natural gas." Yao Yuan said with a smile, "To be honest, Nanfang Industrial has decided to enter the energy industry next, with oil and natural gas as the top priority. Natural gas is clean energy, and the future development trend is Shenzhen City, which is a special zone and a reform.

It is an open experimental field, and I hope to be able to lay it out in advance.”

Vice Mayor Ye thought quickly.

Because it involves municipal construction, a city can only have one set of gas pipelines, and repeated construction is impossible. In other words, whoever gets the operating rights first will actually monopolize the gas pipelines in the area.

Even if Yao Yuan does not supply the gas himself and rents out the pipes, it will be more profitable and easier than having a super charterer with dozens of buildings and hundreds of buildings, and there will be no risk.

Because gas is a necessity of life!

Vice Mayor Ye doesn't think Yao Yuan's request is excessive. Sooner or later, the pipeline construction will be implemented, and the operating rights will be given out sooner or later. It is not given to anyone. Shouldn't it be given to Southern Industrial, which is strong and holds more than one billion US dollars in foreign exchange?

Does it smell good?

He was certain that as long as this matter went to the meeting, it would be passed unanimously quickly.

"Mr. Yao, I think there is no problem. In this way, I will list the conditions of Southern Industrial and submit them to the meeting for discussion. According to me, there should be no problem. Mr. Yao, the 400 million bailout fund... I don't know...

"Vice Mayor Ye did not hesitate and said simply.

Yao Yuan said, "Since we have agreed to support the city, Southern Industrial will definitely do its best. Mayor Ye, please rest assured."

With these words, Vice Mayor Ye felt relieved.

After arriving at the Shenzhen Stock Exchange and getting off the bus, Vice Mayor Ye couldn't help but ask, "Mr. Yao, can Southern Industrial's funds enter the market first and start taking action tomorrow?"

"Your funds haven't been received yet?" Yao Yuan was stunned.

Vice Mayor Ye smiled awkwardly, "Our funds are in place, but the 50 million promised by the central bank has not yet been received."

Yao Yuan was speechless, shook his head, and walked into No. 2012 Shennan Avenue.


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