Rebirth: The Financial Giant

In the last 15 minutes of late trading, the white horse blue-chip large-cap stocks that were hit hard by one vote, such as Muyuan Shares, Xinxiwang, and Zhongxing Communications, all rebounded.

But only Wenshi shares, the first pork stock, suffered two consecutive board drops. The coffin board was tightly squeezed to death, because even a fund manager under Tiansheng Fund was running away, and this ticket does not belong to the company yet. A component stock of Tiansheng Shenzhen 100 Index.

Not surprisingly, Wenshi shares, which were abandoned by the super main force, briefly shot up to a price of 45.55 yuan in early trading yesterday, which will not be exceeded in the next few years.

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Not long after the market closed, Lao Yang's WeChat group was conducting today's review analysis. They are a small group of people who currently hold the stock of Tiansheng Holdings. The funds that were previously evacuated have not entered the market yet, and they are all reverse repurchases. With.

Their next key target is to subscribe for the listing of Tianchi Technology on the Science and Technology Innovation Board. As for currently holding currency on the sidelines, they have made enough money in this hot spring market. Although there were some short-term opportunities during the session, they did not take action.

However, after the end of each trading day, the resumption of trading did not fall behind.

Lao Yang: Today's market fluctuated and fell, falling below 3,000 points. It is in the fourth wave of adjustment, which is in line with expectations. The Shanghai Stock Exchange Index closed down -1.20%, the Shenzhen Component Index closed down -1.82%, and the ChiNext Index closed down -2.58%. The daily line of the Shanghai Composite Index closed a bar bar today, with both upper and lower shadow lines being longer.

Lao Yang: In terms of sectors, except for the liquor concept, which stands out, other sectors have adjusted across the board. In the early stage, the agriculture, forestry, animal husbandry, fishery, and technology sectors suffered the largest declines. The weighted sectors of securities firms and real estate all fell by more than 2 points. Don't look at the stock kings. It continues to rebound and close in the red today, which in turn illustrates the huge decline in other brokerage stocks.”

Lao Yang: But generally speaking, today's trend is a second correction. I also said in the analysis a few days ago that a decline at the current position is a healthier trend. If it continues to rise, it will be close to the end of this market. It’s not far away, only after sufficient adjustment of the 4th wave, the 5th wave uptrend can be expected.”

Lao Yang: Today's intraday index fell to the low of the negative line on March 8, but the 30-minute and 60-minute K-lines of the Shanghai Stock Index were not repaired. However, in the last ten or twenty minutes of late trading, the index was The large-cap stocks that were smashed showed signs of major funds entering the market, and some people suspected that Brother Yi was entering the market to take over. It is possible.

Lao Yang: As for the operation, I still advocate not to chase the rise, buy on the negative line, explore the support level when the market falls, and enter the market in batches. Of course, you must pay attention to the underlying stocks that make up for the increase in advance and track them during the day.

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At about 17:00 in the afternoon, Lu Ming, who was working at Tiansheng Capital, received the latest news from Director Zhang Zhihui, regarding the latest progress of the Science and People's Livelihood Fund.

Relevant parties finally came up with a plan, or the outcome, of Lu Ming's plan to package the foundation as a whole and hand it over to the state.

After receiving the news, Lu Ming temporarily put down his work and left the Tiansheng Capital headquarters. He appeared at the Science and Livelihood Foundation headquarters half an hour later and hosted an impromptu meeting to discuss the matter.

Franchise operation qualification?

Secretary-General Lou Yiyun who attended the meeting looked at Lu Ming in surprise. Several other board members had almost the same reaction. One of the board members said: It means that the relevant parties do not intend to incorporate the foundation into the organization. , don’t you want to take this issue?”

The Science and People's Livelihood Foundation is a non-profit organization that is really difficult to incorporate even by the state. After a long period of internal research, it was still unable to solve the funding problem. Expenditures could not be guaranteed, and Lu Ming could not be forced to provide stable blood transfusions to the foundation every year. financial support.

The foundation's expenditures are huge. The current annual budget expenditure is more than 200 billion. The key is that this year's economic situation is not optimistic, and there is already an expectation of an economic downturn.

If the foundation is incorporated at this time, Lu Ming cannot guarantee stable funding, and it will become a hot potato. Such a huge budget will no longer be included in the country's original fiscal expenditure. Where will the money come from?

This is a big problem!

After a while, Lu Ming, who was present at the meeting, said with a smile: How should I put it? The relevant parties have given such a plan. This time, it has been accepted, but it has not been fully accepted. The charter qualification is equivalent to the state's endorsement of the foundation.

Everyone couldn't help but look at each other after hearing this, and gradually understood.

The state could not clearly refuse Lu Ming's initiative to package and hand it over to the foundation, but it could not simply and directly incorporate it, so it created such a charter qualification.

In this way, the relevant parties do not need to send official personnel to parachute down. In fact, the Science and People's Livelihood Foundation remains unchanged. It is still run and managed by people like you, Lu Ming. So there is no reason to go to the state for matters such as funding budgets. The finance department asks for money, and your children have to pay for milk powder.

On the surface, it just has the title of a franchise qualification, but the meaning is completely different.

Relevant parties have given the Science and Livelihood Fund such franchise operation qualification, which shows that the huge distribution rights held by the foundation are given by the state, rather than that the state rights are lost to private hands.

Since it can be given, of course it can be taken back.

The validity period of this franchise qualification is three years. After the expiration, it can be renewed or not, which must be approved by the relevant superior authorities.

At this time, Lou Yiyun, who was present at the meeting, couldn't help but sigh: The upper management's strategy is still clever.

Lu Ming couldn't help but smile and said: It's good. If the state endorses the foundation, then we can boldly carry out related work in the medical and education fields. With this charter qualification and state endorsement, it is similar in nature to private capital. A distinction is made, a line is drawn.”

Medical care and education are also areas related to people's livelihood, but Lu Ming did not allow the foundation to allocate funds in these two areas before because he had made it clear in an exclusive interview with the media that he did not support private institutions, especially private capital, entering these areas. In these two major fields, naturally we cannot slap ourselves in the face.

As for the validity period of the charter qualification is only three years, Lu Ming doesn't care whether it's three years or several years. When it expires, just apply for renewal. If it is not renewed, then package the foundation and hand it over to the national compilation and resubmit it. To answer or not to answer? The problem is back, it's nothing more than repeating a process.

The fundamental reason is that Lu Ming sincerely wants to do something practical for the society and the people's livelihood, and there is no personal gain involved, so he is open and honest, and the country can recruit him at any time if he really wants to, but now the relevant parties don't want to take this issue. .

If it is incorporated, it is right for the foundation to do well, but if it is messed up, it will be a huge burden, and of course it is not willing to accept it.

The annual budget of the Science and People's Livelihood Fund is larger than the total expenditures of the entire domestic charity industry. It is for this reason that Lu Ming has to submit it to the state. Because its influence is growing, there has never been such a case before. There is indeed no experience to refer to. Now we can only deal with special cases and cross the river by feeling the stones.

But for Lu Ming, since the foundation now has this charter qualification, no one can say that this is a loss of state rights, because this book is the wealth distribution authorized by the state to the Science and People's Livelihood Foundation. No one can put a hat on Lu Ming's head.

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