Rebirth: Stockbroker, I have market data

Chapter 500: Please help me, okay?

Xiao Jin didn't expect Shi Xueqing to go with him. What was going on?

When Shida saw his little daughter arriving, he also stood up with a smile: "I'm waiting for you, let's go!"

Xiao Jin couldn't help but smile bitterly in his heart. Look at how impressive it is for a big boss to take a daughter with him when traveling, and in every aspect, everyone feels at ease.

Xiao Jin was alone, sitting in the back with Shi Da and Shi Xueqing. There was a driver and a male secretary in front, five people.

When the car started, Xiao Jin discovered that there was a Maybach in front of him clearing the way, and there must be bodyguards and the like sitting inside.

The big boss travels in style!

As the car drove slowly in the urban area of ​​Shanghai, Shida pointed at the scenery outside the car and said that there was nothing here at the beginning, but who and what big boss got real estate projects here and so on.

Boss Shi's talk is very generous, and it is not something that ordinary people can handle.

Of course Xiao Jin nodded frequently. This is the success story of Boss Shi. He has many contacts and big business!

Half an hour later, the car got on the highway. The noise in the car was very low and the conversation could be heard clearly. Only then did Shida bring the topic to Xiao Jin himself.

"Mr. Xiao, please tell me about your securities company. Don't just listen to my old man!"

"Haha, Mr. Shi, you are a big businessman and have experienced ups and downs. How can I have anything to say to you about my experience!"

"Mr. Xiao, don't be polite. There are so many different lines, and my Yuzhen always told me that if a company wants to be big and strong, it must embark on the road of financialization. To be honest, I don't know much about this. , I would like a professional like you to explain it to me."

Shida was good at chatting, and what he said was sincere and reasonable.

Anyway, I had nothing to do, so Xiao Jin started chatting with him casually.

Of course, Xiao Jin didn't talk about how he struggled as a small employee in detail. Instead, he started from the aspect of enterprise development and wanted to cooperate with Shi Yuzhen. This would actually help He Ping.

When an enterprise develops to a certain level, its economic scale is established, its operating history is established, and its industry is relatively stable. However, as the industry develops and various policies mature, the rate of return on physical investment gradually declines. This is what people say, Business is getting worse and worse.

This is determined by the market. It will be like this in any industry. Then, companies will begin to explore the development of emerging industries, that is, diversified development.

The Shi Enterprise Group is called a group because they are involved in a wide range of industries and have done everything.

However, such development will lead to investment losses due to lack of understanding of the emerging industry, and the project will eventually have to be stopped.

The decline in the rate of return on investment by corporate entities is the most intuitive factor influencing the financialization of corporate entities. After many years of development, companies have long implemented joint-stock reform. You see, there are multiple shareholders in the Shi Enterprise Group, but the shareholders In the context of declining investment returns, in order to pursue short-term excess profits, they are more inclined to allocate their assets in the financial market, leading to the financialization of real enterprises.

This is an internal reason. It's not like Shi Yuzhen didn't approve of her in the board of directors of Shi Enterprise Group. After all, the group's cash flow was previously handed over to her for financial management. This is an example.

The artificially high income from financial investment relative to the income from physical investment is an important reason for inducing the financialization of manufacturing companies. Relatively speaking, financial investment with almost no risk makes the income very stable. However, this stability comes when the relative income is relatively high. performed under low conditions.

This involves another piece of economic knowledge. Human desires are endless, and people begin to tolerate a certain amount of risk in pursuit of higher levels of returns. This is also an important reason why the group's board of directors agreed to Shi Yuzhen's establishment of an investment company and entry into the stock market.

This is the value orientation of shareholders and another important factor leading to corporate financialization.

There is also the situation abroad that Shi Yuzhen mentioned.

After the 20s, the capital markets of developed countries such as Europe and the United States have experienced a round of rapid development, and corporate governance concepts have also undergone changes. The business model of enterprises has shifted from long-term development orientation to short-term shareholder value orientation. Short-term stock appreciation and institutional Investors' interests are increasingly valued.

This change in business philosophy is reflected in real enterprises as enterprises participate more in financial markets and focus on short-term profits.

Corporate financialization is an inevitable trend in the evolution of corporate governance concepts. The short-term incentive and assessment mechanism prompts executives to adopt short-sighted and radical behaviors, which will gradually reduce productive investment in investment decisions and form financial investment path dependence.

Similarly, the financial characteristics of enterprises are also factors that cannot be ignored in the financialization of entity enterprises. First, differences in financing constraints. In the absence of effective direct financing channels, the differences in financing constraints faced by different enterprises are an important reason for the financialization of entity enterprises. .

The relief of financing constraints will significantly enhance the level of corporate financialization.The second is corporate debt ratio. A lower corporate debt ratio will slow down corporate investment restrictions and make companies more "capable" of investing in financial assets.

It takes a lot of worry and effort to engage in physical operations. After the project is completed, we don’t know whether there will be new changes in the market situation or whether the policy environment will be different. There are too many uncertainties. This is not as timely as the performance in the financial market. .

Shida couldn't help but nod after hearing this. What Xiao Jin described had many similarities with the development of his company. From this, he understood his eldest daughter's meaning better.

At this time, Shida said:

"My Yuzhen told me yesterday that she was thinking of setting up an investment company alone. This company has nothing to do with the group, and she will provide the start-up funds herself!"

"Then I will be responsible for the group's investment?!" Shi Xueqing said at the side.

Oops, Xiao Jin thought, the second generation of the Shi family will start to compete.

Xiao Jin originally hoped that Shi Yuzhen could stand out in an independent company, so that the old people on the group's board of directors could see that they would be unable to reach high levels in the future, and instead come to Shi Yuzhen to invest in the company.

Shi Yuzhen really listened to her own words, and she must have communicated with He Ping.

However, this Shi Xueqing really knows how to look for opportunities. If her sister goes out on her own, she can quickly make up for it. Sure enough, she is taking advantage of every opportunity. The second generation of the Shi family is really naked in their pursuit of the heir to the group.

"You? Can you do it? That's hundreds of millions, or even more than a billion dollars in turnover!"

Shida smiled and said to his youngest daughter, obviously not taking what she said seriously.

"I don't know how, but Xiao Jin does. He can help me!"

When Xiao Jin heard this, he secretly thought that it was not good. This was his first feeling. Logically speaking, if Shi Xueqing really asked him for help, then he would have money to make, but this Shi Xueqing gave Xiao Jin the feeling that he was unreliable. Spectrum.

However, Shida added: "You only think about yourself, and you didn't ask Mr. Xiao whether he agrees!"

Shi Xueqing looked at Xiao Jin with big eyes and asked directly: "Xiao Jin, help me, okay?!"

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