Rebirth of Northern Technology

July 1994

Brazil won the World Cup football championship.

————————

Entering the ice city in midsummer, it is very lively.

The whole city is in a kind of restless mood.

Recently, a major event has occurred that has affected the lives of many people, and even affected the rhythm of the entire city.

Qiulin, the high-end home appliance area of ​​the Yibai and other shopping malls, all imported and large home appliances were swept away. Several real estate developers have sold out their stock houses. Several car dealerships are also overcrowded.

People in the whole city get rich overnight.

The reason for their wealth is the same, that is, the full-color listing.

Full-color stocks have more than 50,000 holders, that is to say, among the more than one million people in the urban area, 5% of them get rich overnight.

The influence of paper wealth has gradually expanded from the Optoelectronics Department to the University of Technology.

In the famous black market stock square, there is also a lot of laughter. Those who hold stocks finally kept their sights on the horizon and had the last laugh.

The inner appearance of the stock hall is in sharp contrast. There are basically few people in the hall, but the outside is very lively. This is also a sharp contrast in real life.

On the black market, almost all ticket vendors have made a fortune because of the full color.

The hall is a secondary market, and the secondary market has been falling continuously for almost a year. Many stock investors ran to take a look in the morning, and saw that the market continued to fall, lifted their legs and left, which didn't delay work much.

There seems to be two heavens inside and outside the stock trading floor.

The interior is a frozen world, and the sun is shining outside the gate.

————————

But not all stock exchanges are empty. Cheng Yongxing was sitting on the other side of the city, in the big room of Jianghai Securities.

Stock trading is a new thing in China. There are not many stock trading places in Bingcheng. The stock hall above New World Department Store is the closest to the University of Technology.

Liu Xuan, Zhang Yan and a group of fund representatives gathered with teachers from the University of Technology.

This is the first attempt of the fund after the funds arrive in the account: investment and appreciation and preservation of value.

Liu Xuan will take over this part of the work in the future, and she is watching and learning now.

Today came the representatives of several units, one of the two funds related to Cheng Yongxing, the talent fund, and the financial director of the basic fund.

The College of Testing, the College of Semiconductors, and the Finance Department of the University of Technology have also prepared corresponding funds and handed them over to the two funds for unified operation. Together with the two funds, they have prepared 1 billion in cash to enter the secondary market and test the waters.

This attempt is also the first time that Cheng Yongxing has actively intervened in history, at least in the history of stocks.

As for whether it will affect the three major rescue policies in August, it is difficult to say. He is also going to take the opportunity to test to see if there are any side effects.

In the original history, the stock market will bottom out at the end of July, and after a short rebound in August, it will enter a two-year bear market again.

While the stock market plummeted, China's economy, especially the financial industry, was still developing rapidly. Therefore, it is time to make long-term investments in the secondary market.

Cheng Yongxing, Liu Xuan and others have been staying in the ice city for a while. The accounts of several units also transferred the funds one after another. Domestic financial controls have always been strict, making it difficult for money to come in and to go out, especially for large sums of money.

The accounts hosted by the two funds currently have 200 million in cash.

In the past two days, Cheng Yongxing mainly set the rules for the traders who were invited.

The main idea is to buy high-quality stocks, especially high-growth high-quality stocks, such as Shenzhen Development Bank. Cheng Yongxing does not stock A shares. He does not remember many stocks. Apart from Shenzhen Development and Vanke, there are few that he remembers.

Many stocks have been renamed many times, and looking at unfamiliar company names made him even more confused. You can only avoid risks by setting rules.

In addition to good performance, another condition is large-cap stocks. The listed stocks in this period were not only small, but also the concept of tradable shares. At this time, the so-called large-cap stock standard has a market value of one or two billion, and the value of the circulating stock market is even less, one or two million.

Funds of this size basically don't touch stocks. Everyone's physique is totally different. If you buy too much, the fund's purchase order itself is the market quotation. It doesn't make sense to buy less.

————————

Monday, July 11.

As soon as the stock market opened, it fell slightly to 436 points.

With the help of the trader, both accounts began to invest in buying orders.

As an index stock, Shenzhen Development Bank was nailed to the price of 9 yuan by a 10,000-lot buy order as soon as the market opened. July 11 is the ex-rights day of Shenzhen Development, and the opening should be around 8.7. But the big buying single drew up the stock price.

Other stocks operate in the same way. Many large-cap stocks have been held up by big buying orders and pegged to a fixed price.

The main purpose of this intervention in the secondary market is to diversify investment. For the purpose of long-term holding, the purchase price range is relatively loose. The general policy is not to consider the market or index, which means to keep investing in buying orders.

The buying orders of several funds are too strong for the stock market at this time.

We must know that the daily trading volume of the stock market is only a few hundred million yuan at the highest time, and less than 10 million at the worst time.

So their handwriting is definitely a big bill out of no compromise.

Due to the intervention of the two major funds, the volatile and sideways stock market rose briefly, but in the afternoon, driven by the selling pressure of other stocks, the market slowly fell again.

At the end of the day, the fund did not actually successfully buy many stocks. Perhaps it was because stockholders discovered that there were some pallets, and there were not many transactions on these buying orders.

Cheng Yongxing instructs the trader to change his strategy, continue to increase the buying price, and then collect chips.

The underlying stocks are only blue-chip stocks and growth stocks. Even if he clearly knows the big rebound a month later, the biggest gainers are low-priced stocks.

But this time the purpose of intervening in the stock market, holding stocks will be planned for at least 10 years, and any stocks that do not meet the rules are not touched.

Of course, Cheng Yongxing also set rules for traders, that is, don't interfere too much in the market. If the market rises by more than 1%, then give up buying.

Otherwise, just relying on the two funds and the relevant funds of the Industrial University will be enough to pull the stock market from the bottom.

————————

After two days of running-in, Cheng Yongxing took his focus away from the stock market. The domestic stock market is too small to be worth his investment of time and energy.

However, his influence did not dissipate, and the behavior of large funds to support the market was quickly noticed by many people.

Especially in the capital market, many large accounts and institutions are inquiring about the source of funds through various channels.

Various rumors swarmed out, and news of the country's underpinnings circulated everywhere.

Moreover, the trading behavior of several funds does meet the definition of underpinning funds. As soon as the stock market rises, the relevant buying orders will disappear, making this statement more credible.

But for large funds, their information channels are very powerful, and the source of the funds is quickly found. Especially the local funds of Bingcheng have clearly known that the buying came from the University of Technology.

The black market funds in Bingcheng City, on the whole, have had a big harvest some time ago, and they are in the stage of extremely rich funds. Everyone is actively looking for the next full-color stock.

There are two new entities in the Optoelectronics Department preparing to issue stocks, one is Colorful, and the other is Optoelectronics Material Trade, so everyone is ready to compete and share another piece of the pie.

In the secondary market, everyone didn't touch it originally. The first-level market should be the first-level market, and the second-level market should be the second-level market.

The secondary market relies on capital and technology. The primary market relies on news and contacts.

But this convention was broken in July.

People from all walks of life gradually gathered in New World Department Store.

A group of ticket dealers poured into the stock hall and opened accounts one after another. Rebirth of Northland Technology latest chapter address: https://www.wuxiaspot.com/book/128175.htmlRebirth of Northern Science and Technology Full Text Reading Address: https://www.wuxiaspot.com/read/128175/Rebirth of Northland Technology txt download address: https://www.wuxiaspot.com/down/128175.htmlRebirth of Northland Technology Mobile Reading: https://m.wuxiaspot.com/read/128175/In order to facilitate the next reading, you can click \"Favorites\" below to record the reading record of this time (Chapter 597). You can read it next time by opening the bookshelf To! If you like "Rebirth of Northland Technology", please recommend this book to your friends (QQ, blog, WeChat, etc.), Thank you for your support! ! (www.wuxiaspot.com)