Wealth

"There are more people in our circle. There are more people when they are alone, but they also need ears and eyes to make friends." Song Yuanping replied, "The reputation of Mr. Tang is certainly very loud, and the troika is attracting attention from all over the world, but The Hunan torch I hold is not related to him, but is taken from someone else's hand."

It turned out that a friend who held Hunan Torch’s legal person shares encountered trouble, so he transferred 20 million legal person shares to Song Yuanping. He ran to Australia on his own, did immigration, and planned to never return to China. This Song Yuanping was cheaper, and the 20 million legal person shares were actually sold at a 20% discount according to their par value.

After Fan Wubing heard this, he admired Song Yuanping’s luck a little bit. In fact, he didn’t need to be so frustrated. He had to go to the Cannes stocks. Just holding the 20 million shares of the Hunan Torch in his hands was enough to bring himself. I have come to earn more than one billion yuan, and now I am so tossing, I really want to beg for food with a golden rice bowl.

However, this is not enough to blame Song Yuanping. Although he is very clear that the Delong system is determined to speculate on the troika including the Hunan Torch, he is not sure how far the other party will speculate on this stock?

Of course, the most important point is that Song Yuanping and Cui Dingshan were playing too hard. They borrowed a debt and invested in Cannes Technology. Now the mud feet can’t get out, so even though he knows that the shares of the Hunan Torch in his hand are valuable. , But had to continue to recruit people to raise funds in exchange for getting rid of Cannes Technology.

"It's not good to sit in the village, it's easy to be dictated." After a while, Fan Wubing said to Song Yuanping.

The market maker in the domestic stock market is an institutional product.

First of all, those state-owned enterprises that are of poor quality and are listed simply because they have to solve various difficulties such as capital are the first element for the survival of market makers. These companies got into trouble again soon after they went public, and they became shell resources, which became meat on the chopping board and were left to be slaughtered.

Secondly, the existence of non-tradable shares allows market makers to easily control those companies with very cheap and gray means. Moreover, the immaturity of the regulatory mechanism has allowed all lawless hype techniques to fly in the sky.

For a long time, the most popular term in the Chinese stock market is title. As long as you dare to imagine and act boldly, you can achieve a career. In such an era of indulgence, the temptation of money and the amplification effect of capital have made countless people willingly abandon all the rules. Therefore, the domestic stock market has become the most barbaric zone with no moral bottom line.

According to research, around 1999, the annual stock exchange rate in the Chinese stock market reached 400%, and the average holding time was only about three months. In the same period, the stock exchange rate on the New York Stock Exchange in the United States At 86%, the average holding time is 1.2 years, the annual turnover rate of the Singapore Stock Exchange is 30%, and the average holding time is three years. The intensity of speculation in the capital market directly caused the distortion of the behavior of listed companies, which greatly reduced the financing function of China's stock market, and basically lost the possibility of industrial companies to grow.

Song Yuanping replied indifferently, "What's the matter? That stock. There is no market maker? Some are just speculating themselves. What are the regulations of the supervisory authority and what effect can they play? The method can avoid those rules and regulations to achieve the goal."

Fan Wubing shook his head and smiled. "The government still needs a reason to clean up you? I don't believe that you don't have a handle to find out. At that time, you only need to magnify one of the problems indefinitely, and you will have enough to drink a pot. "

"The government has to be reasonable." Song Yuanping said, then paused, and then said to Fan Wuyao, "Besides, the sky is falling down and there is a big man against it. My family business is comparable to that of other people like Mr. Tang. It’s daring, but it's not worth mentioning."

Fan Wubing nodded. He knows the arrogance of the Delong system well. Speaking of it, the idea of ​​the Delong system is good, but the biggest loophole in the business logic of the Down strategy is that the profitability of traditional industries is impossible. It exploded in the short term, and its ability to feed back the financial sector was very weak. In the most profitable years, the total net profit of the "troika" was less than 300 million, which is far from a miracle of profit. Therefore, the performance of industrial integration cannot support the capital flow required for financial expansion. In order to maintain the share price of the Delong Department at a high level, Tang Wanxin had to build an expensive and secret financing platform.

On the one hand, he continued to make dazzling merger announcements and exaggerated the performance of industrial integration in the capital market as a means of stabilizing and raising stock prices. On the other hand, Delong founded and controlled a number of trust financial institutions. , At the same time, in banking, securities, financial leasing, insurance, funds and other fields, conduct entrusted wealth management business through various legal or illegal methods.

Through these means, Delong Group has raised a total of 25 billion yuan. This gray and irregular mode of operation has gradually turned Delong into a financial monster of alarming scale and extremely dangerous. According to calculations, Delong’s annual cost of maintaining high stock prices is 1 billion yuan, and the interest paid for financing exceeds 3 billion yuan. That is to say, at least 4 billion yuan of funds can guarantee the annual normal of Delong’s department. Operation. This is a shuddering number, and the high financing cost has made Delong's destiny doomed from the very beginning.

In order to find funds, the Deron department has almost reached the point of doing its best. Under Tang Wanxin's deployment, Delong has taken nearly 2,000 companies with annual sales revenue of more than 50 million yuan nationwide as key customers, and distributed them to many securities financial institutions under it by region, and opened them in the form of carpet search.

When an enterprise needs a comprehensive financial service, banks, trust companies, securities companies, leasing companies, and insurance companies that have business agents or equity ties with Delong will come to the door separately, but they will come to the door in the name of different financial institutions. It is a collaborative way to expand services. They sign contracts with enterprises in the name of entrusted financial management. There are two such contracts. One is for inspection by the supervisory authority, and the other is a supplementary contract that states the guaranteed income promised by Delong, which is confidential.

Generally speaking, the guaranteed return provided by the Delong system is 3% to 12%. Later, with the tightening of the capital chain, it rose to 18% at its peak. In order to facilitate work, the Delong Department also specially designed a "Financial Products Handbook", which is loose-leaf, which financial company needs to be used and which financial services the other party needs can be replaced at any time.

Fan Wubing said to Song Yuanping, "The Delong family went on a road of no return. The violent tiger Feng He referred to by Confucius refers to such a person who died without regrets. I heard that he has a self-made motto. Anyone who takes our lives to bet must be the most exciting. Such a person has deviated from the right path and will inevitably suffer a backlash in the end."

Song Yuanping smiled and said, "I've also heard of this. It is said that he has a farm in Yumin County, Xinjiang. There is a large plaque in the conference room with the words "I dominate."

Fan Wubing said, "Men, it's good to have ambition, but when your ambition is too big for you to control, then it's dangerous. Now the Deron system is already deep in the mud."

Delong, led by Tang Wanxin, went from a small company exhibition located in the northwestern border to a financial and industrial empire that once controlled more than 120 billion in assets. Its involvement in many industries is amazing, from ketchup, cement to auto parts. Accessories, power tools, heavy trucks, to seeds, mining, retail, etc., and the financial companies that it controls through various direct and indirect means are equally amazing, from trusts, securities, leasing to commercial banks, It covers almost all financial instruments, but his ambition has swallowed himself and Deron.

"President Fan's career is much larger than the Deron department." Seeing Fan Wuyin talk about ambition, Song Yuanping said with some slander.

Fan Wubing smiled and shook his head. "You have no way to compare with me. I have never lacked cash flow. I am also engaged in business in China, but you are just the opposite. Essentially, the capital market plays with capital. The game itself does not create value. It is just like the Deron system that has created a huge empire with a market value of 100 billion.

"For the time being, I still can't see that the Delong School has reached this point." Song Yuanping replied.

Although Fan Wuyao said how serious the danger of the Delong department is, so far, they have not seen any signs of their impending collapse, and the Delong department has been exhibited by a small company within four years. Becoming such a strong and powerful holding company now looks more like the object of all mainstream economists. How could it be vanished overnight?

Yes, Fan Wubing is indeed no one can match, but you can't just look at everyone else so unbearable, right? Young people have success, self-made, unparalleled power, these are all things to look up to, but you can't underestimate the heroes of the world, right?

"Actually, I am willing to say so much to you, but I still have some thoughts." Fan Wuyao raised the wine glass in his hand, and said after touching Song Yuanping.

"Mou Song listens very well." Although Song Yuanping thinks highly of himself, he still has to put his tail in front of the young genius who created the huge Fan Investment Group in one hand. He also wants to hear what advice Fan Wuyi has to offer. he.

"From now on, you might as well come over and follow me." Fan Wuyi said slowly.

After listening to Song Yuanping, he felt a little stunned. He was also a arrogant person anyway, and he was a small achievement in the industry. Although he is indeed a little bit down and owed a debt, who is it? Can you assert that after getting sufficient funds, you can't hype up Cannes Technology and make a comeback?

Of course, Zuozhuang needs a very powerful force. In addition to keeping one acre of land, we must also coordinate external relations and internal relations. It is indeed more laborious and laborious if you are not cooperating and dragging your feet.

But there is also one thing. The Chinese have a saying, they would rather be a chicken head than a cow queen, and would rather be a chicken head than a cow. Song Yuanping is also a traditional figure who is deeply influenced by this kind of thinking. How could he easily agree to Fan Wu? Sick, from being a boss to his wage earner?

"I'm more optimistic about you—" Fan Wubing picked up a tissue to wipe his mouth, and then waved his hand, and the staff member took a portfolio.

Fan Wubing took out a document from it and showed it to Song Yuanping, and said to him, "I know your current situation very well. I am very ambitious and want to do a career. But you also have to see it. , Although the current domestic investment environment can call the wind and the rain, but you toss and toss, it is nothing more than making a wedding dress for others, even if you can make one billion two billion in one toss, but you can share it in your own hands. How many are there?"

Song Yuanping was really taken aback by the information that Fan Wubing took out. It clearly recorded his various operation techniques and various very accurate related information, accurate to which day he did what important things. , All in all, he saw that his face became paler and paler, and it took a long time to hear Fan Wuyao's questioning.

"Even if I earn 2 billion, I will get a 100 million at most, but what I enjoy most is the feeling of being able to manipulate the market~www.wuxiaspot.com~ Seeing a stock completely by myself It’s hard to describe the spiritual pleasure under the control." Song Yuanping replied with a wry smile, "but Mr. Fan, where did these things come from?"

Fan Wubing smiled slightly, "I can get this kind of stuff, and others can get it. From the point of view of these operations, they are basically illegal, and some are suspected of illegally absorbing public savings. Two crimes are added. If you get up, you can’t stand it. What's more, there is also stock price manipulation involved? If you are lucky, you will be fined and confiscated for illegal gains. The sentence for the last ten or eight years is considered light, and if it is more serious, it is a death sentence."

Song Yuanping picked up a piece of tissue and wiped the cold sweat that oozes from his forehead. He was concerned about it. If it was really like what Fan Wubing said, his every move was actually under the eyes of others. In case there is such a day, as long as these materials are implemented in one or two days, oneself will be a bitter prisoner.

Could it be that I have been tossing for so many years, I am still a wage earner? In Song Yuanping's heart, there was still a little restlessness, and there was no taste of this meal.

"The treatment I gave you is still very good. You can take a look for yourself. The basic salary will increase the dividend. As a professional manager, I am afraid that we will never find such a condition in China." Fan Wuyao took out again. I gave a copy of the information and threw it to Song Yuanping.