Go back to 1990 to start a business

Xiaoyun and the others left, and Xia Chuan thoughtfully said to Shiyun: "It's not good to sit for a long time. Sister, go lie down for a while."

Shiyun smiled and said: "Don't talk to women privately, I'll come back."

Xia Chuan smiled, and Shiyun left alone.

Xia Chuan continued: "It has been more than three months since the Supervisory Committee was established, the listing approval power has been taken back, and our stock market will also be expanded.

This includes the expansion of listed companies and the expansion of securities firms, allowing people across the country to participate.

Look at how many stocks there are in the U.S. stock market, and look at us. You can pull them up with your fingers. How can this be done?

The positioning of a mature stock market should be value discovery.

Providing financing channels for outstanding companies will naturally eliminate backward companies, and even those that fail to do so after listing will be delisted.

In this way, resources are tilted towards high-quality companies. With the rapid growth of these excellent companies, the index will continue to rise and investors will gain profits.

But the positioning of our stock market is: first, to replace the central government’s financial affairs and provide blood transfusion to state-owned enterprises.Second, provide services for the restructuring of state-owned enterprises.

As a result, our stock market is destined to have only speculative value; it is destined that the index will not rise all the way, but will rise and fall sharply. "

Liu Changsheng finally couldn't help but said:

"Boss, we paid such a high price, destroyed the resource optimization function of the stock market, and destroyed the economic barometer. What did we get in exchange?"

Liu Zhenshan sighed: "Do you think this is Xia Chuan's idea? It's not the outsider's turn to intervene in this matter. Even if he sits in a row and divides the results, Xia Chuan can't do anything, and he can't even raise objections."

Bobo and others deeply believed this.

"You are all wrong. This is my suggestion." Xia Chuan said.

Everyone was stunned and slowly understood that Xia Chuan knew that it was impossible to change, so he raised it first.

Just doing this will ruin your moral integrity.

Xia Chuan said in surprise: "Why don't you ask why?"

Everyone suddenly laughed, and Ma Xiaoyun said: "You still have to cooperate, okay, why?"

Xia Chuan smiled and said: "You think about it for yourself. When you figure it out, you will be a strategist."

Everyone suddenly became angry.

Liu Changsheng said quickly: "Boss, give me a hint."

"Well, okay. If a certain boss goes down, how many days can we survive?" Xia Chuan asked.

Everyone was suddenly moved, instantly enlightened, there was no need to think about anything, the resistance was too great.

The crime of speculation is still pending. It is the most serious crime in the economic field and can be punished by death. Hundreds of thousands of people have been arrested and imprisoned for the crime of speculation. Do you still want the stock market to support the development of private enterprises?

If he just insists on building the ideal stock market, then he will touch the cake of all state-owned enterprises and traditional forces. Someone will be directly thrown away, Xia Chuan will be finished, and everyone will be finished with him.

It can be said that everyone here is branded as a member of the Xia Chuan family, and Xia Chuan is undoubtedly branded as a certain boss.

The wall fell down and everyone pushed it, and that was it.

Xia Chuan said earnestly: "On the one hand, the resistance is high. There is another problem, which is the need for stability. Once chaos occurs, there will be regression. Why did Hungry Ross's reform fail? The steps were too big, and it was embarrassing."

Everyone burst into laughter, even Lingxuan and Ran Hong were calm and composed, Binglan was even more unfazed.

"Let's face reality and be practical. The stock market has been on a good run recently. After reaching a record high, it has reached a top. There is less than a month left. What I want to say is that this top will be in six months. It won’t be broken through within this year. But China’s economy is growing rapidly every year.”

Everyone's expressions froze slightly. Is this the price of resource misallocation?

Liu Changsheng's eyes looked sad.

Xia Chuan continued: "Then the question is, if the stock market is not active, how can state-owned enterprises go public to make money?"

Everyone was furious. Are you still responsible for activating the stock market?

Liu Changsheng's eyes suddenly lit up and he said excitedly:

"I understand. National interests come first, and the reform of state-owned enterprises is the most important. Under this premise, as long as the stock market is active, it is right. There is no need to consider violations. At most, the big stick is raised high and dropped gently. Therefore, if the state-owned enterprises fall to the point that they cannot be listed When we raise capital, our opportunity to make money will come.”

Everyone was immediately convinced, this girl is indeed a speculator.

Xia Chuan nodded happily: "That's right. There are some rules that don't need to be considered. What about 5.00% of raising cards? How do you make money? You can just work until you are eighteen."

Everyone trembled.

Liu Changsheng's eyes flashed with excitement: "We just want to be sharks and stir up a pool of spring water. What do you want to do?"

Hahaha, everyone laughed, Lingxuan said with a smile: "You are a little distracted."

Xia Chuan said with a smile: "Some listed companies don't even have a board of directors. They need education. Educate them well. If it threatens his position as general manager, this is the best education. He will work hard to resist and enter the stock market to grab chips to fight against takeovers. We must let him It is of great significance for everyone to understand what the stock market is for.”

Everyone was amazed, look at this guy, he was just cheating, but he made him look so superior.

Bobo asked thoughtfully: "Can't the stock market bear the heavy responsibility of state-owned enterprise reform?"

Xia Chuan smiled and said: "Of course, it is impossible to rely on the stock market for the reform of state-owned enterprises. For most state-owned enterprises that cannot be listed, joint-stock reform is a difficult problem. The employees are all poor proletarians. Who are you going to buy?

This is an irreconcilable contradiction, and we cannot wait. We must push forward, so we can only make compromises.

What is this compromise?

Let me simulate the future reform route for you.

There is a textile company in a province in Jiangnan. Their quantitative reform plan is:

Quantify 10% of the company's assets and convert them into 50 yuan as collective shares. More than 200 employees in the factory each contribute 5000 yuan, and the operator invests more than 100 million yuan to form a joint-stock enterprise with a capital of 250 million yuan.

Then, the new enterprise used the machinery and equipment of the original enterprise free of charge, and all expenses were borne by the old enterprise. After nearly a year of operation, the new enterprise generated astonishing profits, while the original collective enterprise fell into a loss situation without any suspense.

Another year, new companies 'merged' old companies at very low prices.

The restructuring is complete.

This is a road of compromise. Don’t you know what’s going on?Know.

But this enterprise has completed its restructuring, and not a single employee has been laid off. The enterprise has turned from a loss to a profit, which has reduced the burden on the country. In this special period, the value is greater than the destructive power. More importantly, there are thousands of such enterprises.

In less than three years, by 96, 80% of small and medium-sized collective enterprises in Jiangnan Province had completed the transformation of quantified property rights.Millionaires and billionaires emerged in droves.

It is difficult to ensure openness, fairness, and fairness in such quantitative reforms, so many disputes will occur during the process.

This kind of property rights reform will remain in a state of "underground operation" in the following years and will never be publicly recognized by the government. Moreover, it has also caused fierce debates in theoretical circles. Some people have accused this of being disguised. "Privately dividing collective property" is "smuggling the road to nationalization".

However, they will not be held accountable.

We can look back on reforms, but we cannot go back. "

Everyone was deep in thought, but Bobo's eyes were bright, and he knew what to do.