Rebirth of the Rising Sun

"Well, just say what I tell you to say. Come on, Secretary Ding, you don't have to take notes. It's just a casual chat? It doesn't matter if you say something wrong." Secretary Bao seemed to see Feng Sizhe's concerns, so he smiled and asked Ding Quanli to put away the notebook, then looked at Feng Sizhe with sincere eyes.

Seeing Secretary Bao putting on this attitude, Feng Sizhe knew that he had to say something today. Besides, the purpose of his visit was to show his talents and at the same time provide some ideas for the development of the country's securities industry to avoid detours. Now that Secretary Bao asked him to speak, it was exactly what he wanted.

"Okay, then I'll try to explain it, just like what you said just now. If I'm wrong, you can't blame me." Feng Sizhe looked at Secretary Bao with a embarrassed smile.

"Well, I know. Just tell me without worry." Seeing that Feng Sizhe had taken such a strict precaution, Secretary Bao became more and more curious about what Feng Sizhe would say next.

After clearing his throat, Feng Sizhe finally spoke. "Secretary Bao, economic construction requires a lot of funds. While opening up to the outside world to attract foreign investment, it is also urgent to open up the domestic capital market. The establishment of a stock exchange is imminent. That's right, for many people who have come out of the Cultural Revolution, setting up a joint-stock company, issuing company stocks, and establishing a stock exchange are simply fantasy. This is simply the path of a capitalist society. For this reason, the first problem arises, that is, concepts. Things are developing, and society must move forward. Old concepts must change."

When he heard Feng Sizhe throw out the word "concept", Secretary Bao nodded and said, "Yes, well said, go on." As a pioneer of reform, Bao Jingguo knew very well that although the Republic was established not long ago, it has experienced a lot of things, so that many people now think of stability, and seeking stability means being cautious. However, excessive caution will naturally hinder the development of society. If this concept is not changed, many things will naturally not go on. He is well aware of this.

"Okay." Feng Sizhe also nodded, and at the same time began to think about the language structure in his mind. "I think the central government must have some controversy about whether and how to introduce foreign banks and whether and how to establish a stock exchange, but I want to say that the stock exchange must be built. The answer is very simple. National development is now centered on economic development and paving the way for economic development, so the stock exchange will be an inevitable product. And I believe that as long as we can unify our thoughts and coordinate our work, establish laws and regulations, such as strict company laws and securities laws, and promote and supervise together with legislative bodies, regulatory agencies, and academic institutions, the problem will not be a big problem..."

Feng Sizhe made substantial suggestions on some of the drawbacks of the stock exchange in the 90s with the help of later generations. Of course, it is better to say that he and Secretary Bao discussed together rather than making suggestions. Feng Sizhe was very impressed by this. Secretary Bao himself was like a natural economist. Whenever Feng Sizhe proposed a good idea, Secretary Bao would immediately grasp the key and find the corresponding solution to the problem. It can be said that after a long talk with Secretary Bao, Feng Sizhe himself benefited a lot. After all, he did not pay much attention to the Shanghai Stock Exchange in later generations, and he could not see some in-depth problems. Now, after listening to Secretary Bao's words, he thanked himself for having gained a lot of knowledge.

Secretary Bao was also deeply touched after a long talk with Feng Sizhe. Many of the new ideas and concepts proposed by Feng Sizhe were immediately recognized by him, which made his mind flash with light. Many problems that he had not figured out before instantly had the best answers.

"Hahaha, Feng Sizhe is not simple. A double master's degree in economics from Cambridge University is really thoughtful. Very thoughtful." After a long chat with Feng Sizhe, Secretary Bao said with some emotion.

"Secretary Bao, you are too kind. These are just what I saw abroad and later heard from my mother. Oh, my mother is an associate professor in the Department of Economics at Cambridge University. Now she has also opened a small company. As the saying goes, practice makes perfect. In the process of her business, she lamented the problems of some foreign exchanges. For example, there are many problems of shady operations in foreign exchanges. The lack of transparency makes many companies that want to invest and expand their business here have to take a conservative attitude." Feng Sizhe pushed all the credit to his mother while joking. At the same time, he also indirectly explained that his mother had her own company abroad. In this way, Feng Sizhe can spend money lavishly in the future and it can be considered as a way to make money, and no one will criticize him. In fact, even if he didn't say it, Bao Jingguo was clear about this. How could Bao Jingguo, who was about to become one of the national leaders, not know about the situation of the various families in Kyoto?

It can be said that with Feng Sizhe's experience of rebirth for more than 1992 years, making money is now a very simple thing for him. For example, let's talk about the present moment. Let's not talk about how much wealth oil futures can create for people once the Gulf War breaks out. Just talking about stocks, Feng Sizhe remembers very clearly that on May 5, 21, the Shanghai Stock Exchange lifted the limit on stock price increases. In three days, the stock price soared, and the index soared from the base index of 1990 points on December 12, 19 to 100 points. In a year and a half, the Shanghai Composite Index soared by 1429%. Vacuum Electronics rose to more than 1329 yuan per share, and five new stocks such as Yanzhong Industrial almost rose by 2500%. This is an absolute good opportunity for Feng Sizhe to make a lot of money.

At the same time, Feng Sizhe knew that this opportunity would only last for five days. Five days later, on May 5, the stock price began to plummet, which lasted for five months. This was the first sharp rise and fall. By August 26, the stock price had fallen by nearly half. Of course, five days was enough for Feng Sizhe to accumulate his original capital, but he had no intention of developing in the stock market. He was waiting for his mother to make money from the Gulf War.