Rebirth: Stockbroker, I have market data

Chapter 744: The level of the pattern

At noon, Brother Long suggested that everyone have lunch in Penguin’s staff restaurant. The expressions on the faces of Xiao Jin and his group were natural, neither excited nor unhappy!

It seemed that the embarrassment finally fell back to Brother Long, and in order for this embarrassment to disappear, the legal staff at this time had long since disappeared.

Including the female assistant is also missing.

At the dining table in the restaurant, Xiao Jin and Brother Long sat facing each other, while others were scattered nearby.

This is a real time for conversation.

Xiao Jin took a bite of the food and said: "Brother Long, you are doing a great thing and running on the road, and I want to do another great thing. I have just started. Great things do not need to be done by One person can complete it alone, and I don’t want us to be in a competitive relationship, because the competition has ended with the 400 billion last year, and next, I hope that we will achieve each other’s achievements!”

Xiao Jin's words set the stage for high and low!

Brother Long thought for a while and nodded heavily!

After the meal, Xiao Jin and his party left the Penguin Headquarters Building.

Luo Jun was asking: "Brother, what should we do next?"

"Waiting for the news, Brother Long is not the only one who has the final say on Penguin, give him some time!"

"Haha, brother, I feel that the entrepreneurial atmosphere here is very good. If possible in the future, we can set up a branch here!"

"Oh? Okay? I don't think so. How can one mountain accommodate two tigers? The environment here may not be suitable for us. It would be better to choose Shanghai!"

The two of them thought about the future, but Xiao Jin was still worried in his heart.

Yang Kaian asked: "Mr. Xiao, do we need to initiate judicial proceedings?"

"Haha, well, I don't want that. I'd rather pay you a bonus than do that!"

After a whole morning, Fang Siyu finally figured out the whole story and asked:

"How long will it take?"

"At the end of this month, he promised me!"

After Xiao Jin finished speaking, he looked firmly at the Penguin headquarters building behind him...

Luo Jun and Yang Kaian returned to Shanghai, and Xiao Jin and his wife returned to Guangzhou. Life seemed to be calm and orderly and busy again.

Because Xiao Jin's work arrangements are very compact, the revenue level of the sales department in Guangdong and the implementation of the brokerage system are very good.

As time goes by, this kind of goodness has shown a vitality and resilience, which is very unique in today's market.

As for the reason why Xiao Jin was so "successful", some people began to study Xiao Jin.

There are two of them, one is Sun Yiqiang and the other is Li Gechi.

The two have different educational experiences, one is an Aboriginal and the other is a turtle.

But this is better than Xiao Jin's background.

The similarity among the three is that they are similar in age. Compared with Zhao Tianyuan and Qian Xiaoli, the three of them can talk better.

Finally, one Friday afternoon, the two of them came hand in hand and entered Xiao Jin's office.

"Oh, my two brothers are looking for something to do with me!" Xiao Jin turned around from behind the desk excitedly.

During the recent period, Sun and Li came here often and talked with Xiao Jin about everything. At the company headquarters, Xiao Jin could only talk to them.

The three of them talked about everything, especially Li Gechi, who knew a lot about foreign investment banking business. After all, his experience studying abroad on Wall Street was a strong leverage against Evergrande Securities.

Sun Yiqiang also has his own ideas about the system reform of domestic securities companies. The three young people are all thinking about reform.

Today, they talked about institutional issues.

The topic is which domestic securities companies are private securities companies.

When the domestic securities market was first established, only state-owned enterprises could establish securities companies, while foreign capital and private enterprises were not allowed to establish securities companies.

Why are most securities companies state-owned enterprises?

This is because of the institutional problems of our country’s securities companies when they were first established. They were basically state-owned holding companies. At that time, there were four main different backgrounds for their emergence and establishment:

First, it is initiated and established by financial institutions such as central-level professional banks or insurance companies;

Second, it is established with investment or equity participation from local financial institutions. Evergrande Securities is this system.

Third, it is established by the local financial system;

Fourth, it is a national or local trust investment company.

At that time, due to the financial nature of securities companies, my country's financial industry was not yet fully open to private capital and foreign capital. Later, private capital and foreign capital could participate appropriately, but the holding must be controlled by a state-owned enterprise or a central enterprise.

There are currently about 120 securities companies in China.

And some private securities companies are not incompetent. On the contrary, there are many excellent securities companies.

It even ranks among the top ten in domestic market share.

As the WTO treaty approaches, large international securities firms will surely enter the domestic securities industry in the future.

Xiao Jin asked with great interest how to set up a securities company.

Sun and Li laughed and said:

"What? Lao Xiao, do you still want to set up a securities company?"

"As long as the policy allows it, why not?"

"Haha, Lao Xiao, if you really have the ability to open a securities company, I can work for you!"

The two were joking, but the idea sprouted in Xiao Jin's heart.

Securities companies rely on the weather. When the market is good, they trade more and can make money. When the market is bad, a large number of companies suffer losses, transactions are deserted, and brain drain is serious. The ownership of securities companies does not matter to shareholders, as long as they can provide them with good services. service, that’s it.

A securities company is a limited liability company or joint-stock company established in accordance with the provisions of the Company Law and the Securities Law and subject to review and approval by regulatory agencies to specialize in securities business and have independent legal person status.

Securities companies are legal entities that specialize in the trading of securities and are divided into securities operating companies and securities registration companies.

A securities company in the narrow sense refers to a securities operating company, which is an institution that specializes in securities business after being approved by the competent authority and obtaining a business license from the relevant industrial and commercial administration bureau. It has membership of a stock exchange and can underwrite issuance, proprietary trading or Self-operated and agency securities trading, ordinary investors' securities investments must be made through securities dealers.

Li Gechi said that in the United States, securities companies can be called investment banks or securities brokers;

In the UK, securities companies are also known as merchant banks;

In continental Europe, due to the mixed business system that has always been used, investment banking is only a department of universal banks;

In East Asia, it is called a securities company!

The conditions for establishing a securities company are mainly binding on the major shareholders, that is, the major shareholders must continue to operate for three years, have a good reputation, and have net assets of more than RMB [-] million!

"Oh?!"

After hearing this, Xiao Jin thought to himself, this condition is not high, and he also thought of Advance Investment. If Advance Investment is regarded as a founding shareholder, of course the net assets will exceed [-] million, and it is only three years, which is still not enough. Quite a bit.

......