They are all reborn, and the grandson is still a spare tire

Chapter 96 One sentence blew up the China Securities Regulatory Commission branch meeting

It's afternoon, the branch meeting of the China Securities Regulatory Commission.

Yao Yuan sat in a seat in the middle of the venue, listening to the speeches of the top executives of the China Securities Regulatory Commission on the stage, while recording the key points of the speeches in his notebook.

The meeting has lasted for nearly an hour and has now entered the discussion stage.

For the past hour, Yao Yuan had been sitting upright, unsmiling, and acted as a perfect listener.

At first, other representatives around him would look at him curiously, and even chat in low voices to get to know each other.

As time went by, everyone got used to his alien existence and returned their attention to the ongoing meeting.

While speaking, another financial expert sitting in the front row finished his speech.

What followed was a discussion in which everyone expressed their own opinions.

Yao Yuan continued to listen and record as before.

At this moment, the chairman of the China Securities Regulatory Commission, sitting in the center of the rostrum, suddenly looked this way, smiled and said loudly:

"Classmate Yao Yuan, don't keep silent and just lower your head to record. This is not like your style of daring to speak out."

"Tell me about some of your proposals. I have to say that these proposals of yours are really eye-opening!"

Following these words from the Chairman of the China Securities Regulatory Commission, everyone in the venue turned their heads and looked over.

Everyone was still a little shocked when they saw Yao Yuan's overly young face, even though they had seen him more than once.

What shocked everyone even more was the importance and even kindness that the Chairman of the China Securities Regulatory Commission showed in his words.

This level of attention and kindness is enough to make many people secretly envious.

How did they know that before this financial work meeting, Yao Yuan had met the chairman of the China Securities Regulatory Commission five or six times.

Four of them were seen in the red wall compound when reporting to the big leaders.

In addition to the report, they also had two meals together, so they were naturally very familiar with each other.

Looking at Yao Yuan again, he acted very freely and without any restraint.

He stood up straight away, adjusted the microphone on the table, and then bowed slightly to the rostrum.

"I have met Chairman Shang and all the leaders. I have been listening to and recording the speeches of the leaders and many experts and scholars, and I have benefited a lot."

"Since Chairman Shang asked me to speak, I will boldly say a few words. It just so happens that I also have something to say, which is all written in those proposals."

Chairman Shang on the stage nodded appreciatively.

"Very good. It seems that you are very confident, little guy. Then we will listen to your proposal."

As he spoke, he glanced at the several proposals on the table and picked one out of them.

"Then let's start with the proposal "Strengthening and Regulating the Reduction of Major Shareholders of Listed Companies" and tell us your views."

Before he finished speaking, the staff next to the rostrum responded quickly.

The next moment, the first page of the proposal appeared on the big screen TV.

Seeing the first page of the proposal appear, Yao Yuan started his performance.

"Chairman Shang, leaders, experts and professors, everyone knows very well that our country's stock market is currently experiencing a bull market."

"In just about a year and a half, the Shanghai Composite Index has risen from 998 points to 3000 points, and is about to break through the 3000 point mark."

"According to the current trend, coupled with the overall improvement of the national economy and the stimulus from the upcoming 08 Olympics, this bull market will continue and may last throughout the year."

Hearing this, everyone, including Chairman Shang, nodded slightly.

Everyone at the scene already knew that he was the guy who accurately predicted the coming super bull market.

With the article "Super Bull Market May Come" as the basis, everyone paid more attention to Yao Yuan's words.

Even the two leaders who came here temporarily but sat in the lounge next to him nodded frequently while looking at Yao Yuan on the TV.

Not only that, both leaders praised Yao Yuan's performance.

"In such a big scene, this little guy Yao Yuan can actually act so freely. He really has the air of a general!"

"As far as I know, this little guy is never afraid of any big scenes. The bigger the scene, the more excited he will be and the better his performance will be."

"If you put it like that, wouldn't this kid be a bit crazy?"

After the words fell, the two leaders immediately looked at each other and laughed.

As Yao Yuan stood in the center of the venue, the conversation had changed.

“However, even as the stock market is booming, there are also some unharmonious things happening, and they are becoming more and more common.”

"In recent times, taking advantage of the rapid rise in stock prices, major shareholders of listed companies have taken the opportunity to reduce their holdings more and more frequently."

"There have even been many illegal reductions and liquidation reductions. This kind of chaos must be stopped in time and cannot be left alone."

"Unlike European and American stock markets, my country's stock market is dominated by retail investors, and retail investors account for more than 60% of funds, or even higher."

"As a regulator, we cannot just watch this bull market turn into a carnival for major shareholders to harvest retail investors. We must protect retail investors."

"Otherwise, countless retail investors will be harvested and bankrupt in this bull market. After the bull market, there will be nothing but chicken feathers."

"To avoid this situation, regulators must take timely action to stop the chaos of holding reductions in the stock market and effectively protect the interests of retail investors."

Following Yao Yuan's words, there was an immediate commotion in the venue.

Everyone was shocked by his straightforward words and turned to look at him.

Where did this kid come from? He is so eloquent and so brave!

Professor Liu and Professor Ouyang, who were both in the venue and came to attack Yao Yuan, looked at each other and smiled.

Where has this been? More explosive content is yet to come!

The next moment, Chairman Shang on the rostrum smiled and nodded.

"It's very good. You little guy is still as sharp as ever, and you have a very good foothold in looking at problems."

"You are right. The China Securities Regulatory Commission will definitely protect the interests of small and medium-sized investors and ensure the stability of the stock market."

"Next, tell me, how should we regulate the reduction of holdings by major shareholders and effectively protect the interests of retail investors?"

After the words fell, everyone turned to look at Yao Yuan again, all curious.

Yao Yuan raised his hand and waved it down suddenly, saying decisively:

"Penalty! Heavy penalties will be imposed on all those who violate the rules and reduce their holdings. They must be punished to the point of physical pain, or even to the point of breaking their muscles and bones, so that they will never dare to make such crooked ideas again."

“The penalties imposed by the China Securities Regulatory Commission for illegal shareholding reductions are too light. For major shareholders who profit from illegal shareholding reductions, a regulatory letter and a fine of hundreds of thousands are not worth mentioning.”

"Since the punishment is to stop illegal shareholding reductions, there must be heavy penalties, such as confiscation of all illegal shareholding reduction income, and on this basis, double the penalty and directly cancel the corresponding stocks."

"Go further, directly lock the remaining stocks of the illegal shareholder reducers, and set a penalty period of several years. Only after the penalty period has passed, the corresponding stocks can be unlocked and sold."

"In order to put an end to disguised illegal reductions in holdings, it should be clearly stipulated that stocks with restricted sales periods cannot be lent to securities firms and cannot be used for short-selling and arbitrage. This is a huge loophole that must be closed."

Not surprisingly, the entire China Securities Regulatory Commission sub-venue was blown away!

Everyone looked at Yao Yuan with dumbfounded eyes, full of shock!

This kid is really just as cruel as the legend says!

You are indeed considering the interests of retail investors, but those major shareholders who illegally reduced their holdings still hate you to death!

Cutting off people's wealth is like killing their parents!

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