Chapter 2275: The Three Treasures Palace
Jiang Xiaobai didn't know that there was someone plotting against him, and he didn't care about Liu Bo and the other two, Jiang Xiaobai, because he was too weak.
He really can't stand this new Confucian business group. Now the domestic economy is developing rapidly, and the stock market has finally started to slowly get on the right track. However, there are always people who want to take advantage of this loophole. Taking advantage of the imperfect stock market system, there are always violations of regulations and want to gain benefits.
Listing and financing is a good way and one of the important means to solve the difficulties of enterprises. However, after these companies go public, they begin to fall into trouble again because of these so-called dealers.
Although Jiang Xiaobai also couldn't stand these state-owned enterprises that went public with listing indicators, it was not one of the reasons why the dealer flew everywhere.
Listed companies have become meat on the chopping board and shell resources. Due to the lack of regulatory measures, various hype techniques have flown everywhere.
Since the past two years, the domestic stock market has all kinds of concepts. As long as you dare to imagine, be bold and brag enough, you can achieve something.
By 1999, it had reached its peak. The temptation of money and the amplification of capital effects made many people abandon the principles and start to play with concepts purely.
This is not as good as state-owned enterprises listed with indicators in the past two years. There are more or less things in the listing of state-owned enterprises, rather than these companies that are listed with shell resources and packaging concepts.
"Dr. Jiang, those three people are gone." Zhang Weiyi knocked on the door and walked in.
"Yes." Jiang Xiaobai stood in front of the huge floor-to-ceiling window, lying down at the night view of the entire Magic City. The lights of thousands of families were brightly lit, and this city was truly transforming rapidly into an international metropolis.
"Actually, what Mr. Jiang doesn't need is just a few rat shit." Zhang Weiyi said.
Jiang Xiaobai nodded: "Yes, these rat shits are broken and the pot of soup is heartbreaking."
This is a barbaric era without a moral bottom line. At this time, the annual turnover rate of stocks in the domestic stock market reached 400%, with an average time of three months; while the annual turnover rate of Citigroup was 86%, with an average holding time of more than one year, while the annual turnover rate of stocks in the Garden Country was 30%, with an average holding time of three years.
Such speculative markets directly cause distortion of the behavior of listed companies. They are the ability to raise funds in later generations of domestic stock markets, and lose the possibility of business companies growing through this.
This is a loss to the domestic stock market. Jiang Xiaobai certainly knew that with his own strength, he would definitely not be able to change this situation.
There are many people who take advantage of this kind of opportunistic tricks, and even if they work hard, they cannot completely eliminate it, because there are many people who are obsessed with profit. This is human nature.
Needless to say, the system is incomplete at this time, and even the provisions of the law are useless. Some people dare to test the law with their own eyes, and there are many people who take risks for the sake of their interests, and there is no shortage of this in any place.
No matter how capable Jiang Xiaobai is, he cannot change this. He can only punish him more or less within his ability, hoping that fewer people will do so.
"Okay, get off work." Jiang Xiaobai sighed and was about to leave, but the phone in his hand rang.
Jiang Xiaobai took it out and saw that it was Director Lin. Jiang Xiaobai answered the phone while walking outside with Zhang Weiyi.
"Hey, Director Lin, it's been a long time since we've got time to have dinner together?" Jiang Xiaobai said with a greeting.
But unexpectedly, Director Lin was not polite on the phone: "Okay, then let's go tonight. Have you arranged any of them? If there is no arrangement, I will treat you."
Jiang Xiaobai choked and was about to go home, but he couldn't go back, but Director Lin made an appointment and he had to give him this little face.
So he said cheerfully: "Okay, I have time. Director Lin said the place, I'll go there now."
"How about going to your Jianhua Hotel? I heard that the Zhejiang cuisine there is very authentic and I have always wanted to try it."
Jiang Xiaobai asked speechlessly: "Aren't you treating me?"
"Yes, I'll treat you to your Jianhua Hotel. As long as you have the nerve to ask for money, I'll give it to you." Director Lin also laughed on the phone. From the time his family and company went public, he and Jiang Xiaobai had a good relationship.
Later, when Magic City Diesel Company went public, Jiang Xiaobai also helped to help him get in touch. Later, Zhang Jing also arranged for Jiang Xiaobai to join the Shanghai Stock Exchange, and the two of them had always been in contact.
The relationship is also good. I don’t talk about anything in private, but I can also say that I am a friend, so I speak a lot more casually.
"We have to pay. We run a black shop. As long as we dare to come and have no one can go out." Jiang Xiaobai replied with a smile, then hung up the phone, and looked back at Zhang Weiyi.
"Okay, Lao Zhang, take you to dinner."
"Director Lin, what are you doing to you? Director Lin will not go to the Three Treasures Hall for nothing." Zhang Weiyi also heard a little call from Jiang Xiaobai.
Jiang Xiaobai shook his head. He didn't know what Director Lin was asking him to do. Could it be that the recent stock market slump was asked to think of a solution? He had no suggestions for such things. The stock market in the Magic City has been sluggish for a long time.
It has been affected to a certain extent since the financial crisis of the previous year. Although various measures to stimulate the economy have gradually begun to be implemented last year, there is still no movement in the stock market.
However, Jiang Xiaobai knew that a new round of bull market in the stock market was coming. Although it was strange and distorted, this bull market lasted for two years, and then another four-year bear market.
Jiang Xiaobai sighed, sometimes thinking that if he was reborn in this era, he could have food and clothing without worries when buying and selling stocks casually, so how could he use the effort to build a canned business?
Unfortunately, at that time in 1978, there was not even a stock market in China.
When Jiang Xiaobai and the other two arrived at the Jianhua Hotel, Director Lin had already arrived, but he was still waiting at the door without going in.
Jiang Xiaobai was a little surprised. What was Director Lin asking for him today? He was waiting for him at the door. He stood waiting for him at the door in the middle of winter. This face really gave him enough face.
The more face you give yourself, the less easy it will be to find your own things next.
Chapter completed!