In order to respond to the Asian financial turmoil and the Asian financial crisis, reduce the burden on enterprises, and slow down the adverse situation of the domestic economic downturn, on December 7 last year, the central bank cut interest rates again by 99 basis points, and the one-year deposit interest rate dropped from 4.77% to 3.78%. Interest rates have been slashed twice in a row, with the one-year loan interest rate falling from 8.64% to 6.39% today, and the interest rate on loans over five years from 10.53% to 7.56%.
Can the funds in the Kunpeng Student Aid and Poverty Alleviation Foundation account become 10 billion yuan in 2000? This round of "519 Bull Market" is crucial.
In the previous life, on May 19, 1999, the State Council issued good news about vigorously developing the capital market. The domestic stock market launched a bull market. The Shanghai Stock Exchange Index started from around 1050 points, which lasted for more than two years and hit a historical record of 2245 points. New highs, with the largest increase exceeding 100%.
From the account of the Kunpeng Student Aid and Poverty Alleviation Foundation, 800 million yuan each was transferred to htIc Investment Consulting (Shanghai) Company, htIc Investment Consulting (Pengcheng) Company and htIc Investment Consulting (Beijing) Company, and an investment preparation plan was also provided. Pick stocks.
Sun Jian himself used 240 million yuan from his family's account to invest in Haihong Holdings, Variety Show, Shanghai Merlin, Maotai, Yili, Vanke A, Yunbaiyao, Chuanlaojiao, Chuanchanghong, Peng Development, Peng Technology, and Founder Technology, Pengcheng Securities, Gree, Su Wumao, Xindazhou, Yuebaoheng, Pengnan Glass, Nanyou Property, Su Changchai and other network technology stocks and blue chip stocks.
Within 4 months, selling high and buying low, the 2.64 billion funds will not cause significant fluctuations in the Penghu stock market.
In the previous "519 Bull Market", Haihong Holdings rose more than ten times, and Haihong Holdings and Shanghai Merlin also increased nearly ten times!
Maotai, Yili, Yunbaiyao, Chuanlaojiao, Vanke A, Gree, Sichuan Changhong, Peng Technology, etc. have long-term investment value.
Due to Sun Jian's rebirth, Taobao Electric Group became Chuan Changhong's largest seller. Chuan Changhong invested in Taobao Toshiba Color Tube Company. Incidents such as Zheng Baiwen's refusal to sell Rainbow color TVs and Mr. Ni's hoarding of color tubes did not occur. Through many color TV sets, Due to the price war, Chuan Chang Hong's domestic market share reached 35% in 1998. In November 1998, the first batch of Taichang Hong 29-inch and 34-inch color TVs were sold to the United States and Canada through htIc and Best Buy.
Changhong Electric Co., Ltd.'s mid-term earnings per share in 1998 was 0.58 yuan. It is a blue-chip stock and a leading stock in the Shanghai stock market!
The new president Zhou Ning came to power in August 1997. Pengcheng Development Bank and its former president were severely punished by the central bank and the Securities Commission. Pengcheng Development suffered heavy losses and Pengcheng Development’s financing plan was forced to be cancelled. Pengcheng Development’s benefits were greatly affected. Affected by the Hong Kong financial crisis in 1998, the retrospective adjustment method was adopted to make additional provisions for bad debts, inventory depreciation provisions and long-term investment impairment provisions totaling 4,700 yuan, with earnings per share of 0.43 yuan. The stock price increased from 1997 to 1997. The highest price in the year was 49 yuan, which has fallen to the current price of 12.15 yuan (5 shares were given for every 10 shares in 1997).
As the largest shareholder of Peng Development, Taobao Holdings also suffered heavy losses.
"Okay, Mr. Sun!"
Jin Weimin took a piece of paper filled with stock names and codes with both hands and was ready to finally show off his skills.
In the past two years, as the Penghu stock market rose and fell, htIc Investment Consulting (Shanghai) Company's self-operated 20 million yuan has become more than 23.3 million yuan, with an annualized rate of 8.5%. During the same period, the Shanghai stock market fell from 1,305 points to Yesterday's closing price was 1132 points, down 13.3%.
On December 7 last year, in order to stimulate domestic economic development, the central bank lowered the deposit and loan interest rates of financial institutions from now on, and also lowered the central bank reserve deposit and re-lending interest rates. The average reduction in deposit and loan interest rates was 0.5 percentage points.
On December 29 last year, the 6th meeting of the Ninth National People’s Standing Committee reviewed and approved the Securities Law, which came into effect on July 1, 1999.
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Shanghai, Sun Family Villa.
"Zheng Weihong and the others plan to open the first Neighbors real estate agency chain store in Beijing after the Chinese New Year."
After the tenderness, Bi Xiaoyun, with blushing cheeks, snuggled up to Sun Jian. As the largest shareholder of the Neighbor Real Estate Agency, she was invited to Shanghai to attend the company's 1998 shareholders' meeting. Sun Jian had returned from the United States. , are directing work in Shanghai, and after convening the shareholders' meeting, they return to Jiangcheng together.
Under the leadership of Zheng Weihong and with the financial support of Bi Xiaoyun, after more than four years of rapid development, Zuolinyoushe Real Estate Agency Company opened 38 agency chain stores in Shanghai, with the number of employees increasing to 374 and the registered capital increasing to 10 million. yuan, the total share capital increased to 10 million shares, and the net assets per share were 2.35 yuan.
Bi Xiaoyun now holds 6 million shares, accounting for 60% of the shares. Zheng Weihong, Guo Jianping, Li Kai, Wan Zifeng and Li Jun hold 3 million shares, accounting for 30% of the shares. Other management and employees hold 1 million shares. , accounting for 10% of the shares.
Wan Zifeng, who was working for his brother-in-law in the United States, came back from the United States in September 1997. He saw that Zheng Weihong, Guo Jianping, Li Kai and other three close friends were now successful in their careers. He was also optimistic about the development of domestic real estate agencies. He heard that behind the controlling shareholder Bi Xiaoyun was Sun Jian, the richest man in China, suddenly came up with the idea of joining the Neighbor Real Estate Agency.
After Sun Jian agreed, Bi Xiaoyun took out 10% of the shares and transferred them to Wan Zifeng for 1 million yuan.
In September 1997, Wan Zifeng returned to Shanghai with his wife Li Xiuli and their two children. Li Xiuli, a certified public accountant in the United States, also joined the Neighbors Real Estate Agency.
In February 1998, Bi Xiaoyun transferred 7% of the shares to the newly added management and ordinary employees based on the company's net assets per share.
"Zheng Weihong and others are aggressive, which is a good thing. After they have established a foothold in Shanghai, Jingcheng, Pengcheng and Yangcheng, they should speed up their expansion through franchise stores."
Unless invited by Zheng Weihong, Sun Jian will not go to the Neighbors Real Estate Agency to provide guidance, nor will he interfere in the company's daily operations. The operating conditions of the Neighbors Real Estate Agency are all known through Bi Xiaoyun.
In the eyes of the reborn people, the expansion of Zuo Neighbor Real Estate Agency Company is still too slow!
Zheng Weihong and the other four brothers worked very steadily and did not blindly expand to other cities. They cultivated talents, cultivated brands, and accumulated funds. After Wan Zifeng and Li Xiuli joined, the company became even more powerful.
"Sun Jian, are you free tomorrow morning?"
Bi Xiaoyun understood from Zheng Weihong's phone call that Zheng Weihong and others wanted to invite Sun Jian to the company to guide work this time, but they knew that he was busy with work and were embarrassed to interrupt.
Entering the unfamiliar real estate agency market in Beijing, the development of Zuonneighbor Real Estate Agency Company has reached a new stage, and Zheng Weihong and others are not sure.
"Xiaoyun, I haven't seen the Zheng Weihong brothers for a long time. I will accompany you tomorrow."
Over the years, every time Bi Xiaoyun came to Shanghai to attend a shareholders' meeting, he always brought a female bodyguard with him. As a controlling shareholder, he would also make some reasonable suggestions for the company's development and would not trouble him to come forward.
