Rebirth of the World’s Richest Man

Chapter 3609 Securities Industry

 Before the shareholding reform, one hand cost one thousand yuan, and after the shareholding reform, it was more than 900 yuan. It would be better to say that it was one thousand yuan before the shareholding reform.

Furthermore, with this type of shareholding reform, the stock price may fall as soon as the plan for the shareholding reform is announced. After the shareholding reform is completed, any shareholder who reduces their holdings will affect the fluctuation of the stock price.

 Hence, some small and medium-sized circulating shareholders will definitely oppose the share reform if they cannot profit from it.

Fan Gang was listening to Jiang Xiaobai's instructions on the phone, his expression a little solemn, but he solemnly stated that he would definitely preside over this share reform.

　　After hanging up the phone from Fan Gang, Jiang Xiaobai stood in front of the floor-to-ceiling window. The stock market was about to open a new chapter.

The day after Jiang Xiaobai returned to the group, Hu Jinshan from the investment company came over and reported to Jiang Xiaobai the general investment status of the investment company this year.

 Then we talked about setting up a securities company.

 Establishing a securities company is not an easy task. There are many audits that need to be passed. However, for ordinary private enterprises, these audits may be as difficult as heaven and torturous enough.

However, these review conditions are not difficult for the companies under the Huaqing Holding Group. At most, they are a little troublesome and time-consuming.

 It’s just that the securities market is also very complex, and state-owned capital mainly accounts for a large proportion in it.

 Securities companies are one of the indispensable entities in the securities industry. They were born from the development of the commodity economy and the establishment and development of the capital market. The domestic securities industry and securities companies started later than some developed countries in the West.

 The earliest securities business in China was originally a branch of the banking industry, carried out by some commercial banks and trust companies. At that time, there were no private enterprises.

  As the domestic securities circulation market began to open up in the mid-to-late 1980s, the Shanghai Stock Exchange and the Pengcheng Stock Exchange were established in November 1990 and December 1990 respectively. The securities market was officially formed and expanded rapidly...

 But at this time, it is still a matter of state-owned capital. State-owned capital has always been present throughout the development process of the domestic securities industry.

 Jiang Xiaobai often does not want to work in these state-owned capital monopoly or semi-monopoly industries, because many times, working in these industries will always be subject to many restrictions.

The securities industry is the same, so all along, Huaqing Holding Group only has investment business, not securities business.

 Jiang Xiaobai never thought about developing into this industry.

“Director Jiang, I have a survey report on the securities industry here. I think there is a big blank market in our securities industry.

 Especially after the shareholding reform, the securities market will definitely be more prosperous in the future. "Hu Jinshan said this at the beginning.

 A share-trading reform seems to be a simple one, allowing the non-tradable shares of non-tradable shareholders to be circulated on the market, but the actual impact is far more than that.

Even Hu Jinshan had such thoughts because of this. Jiang Xiaobai took the information and read it. It could be seen that Hu Jinshan had really put his mind into it and collected the information in great detail.

"As far as the practice of my country's financial market is concerned, from the perspective of the development history of securities companies, the birth of my country's first securities company in 1987 is taken as the starting point and divided into 1995, which is the first stage of the development of domestic securities companies - the budding development stage from scratch. .

 Securities companies have expanded massively in the past few years, and a large amount of capital has poured into this field in recent years.

Many securities companies have carried out large-scale capital increases and share expansions, with the highest capital increase being as high as fifty times the original registered capital.

By the end of 1995, the number of domestic securities companies in just a few years had reached 97, and the total assets of securities companies nationwide reached 83.2 billion yuan..."

Hu Jinshan said this, paused for a moment, and when Jiang Xiaobai had finished reading, he handed over another report.

“Director Jiang, this is a survey report and analysis of the securities industry we made...”

There is currently a large gap in the initial establishment scale and strength between different domestic securities companies. There are both state-owned large-scale national securities companies and local small and medium-sized securities companies in the market. However, after our investigation, we believe that the domestic securities industry as a whole is still in the early stages of development. In this stage, various securities businesses have not been widely developed. The entire securities industry can be said to be a blue ocean with huge development prospects. There are still many undeveloped businesses and unexpanded markets. The competition among securities companies is to continuously seize incremental markets. Direct competition between securities companies in the existing market is not yet fierce..."

 Hu Jinshan came back from abroad, and he had his own style of doing things. He was reporting so quickly that Jiang Xiaobai was suspicious, as he had already made drafts from time to time.

 All kinds of information and data are well prepared and well-founded, from the development process to looking forward to the future.

From market size to market competition, every aspect is very comprehensive. Finally, he concluded: "So I think the domestic securities business is developing rapidly and is huge. The securities industry market is far from reaching saturation. There is a gap between securities companies." The competition is good and it’s a good time for us to enter the securities market.”

Jiang Xiaobai had a headache. In fact, when it comes to the business of securities companies, Huahua Bank has it. For example, this time it is planning to take a share of the listing process of China Construction Bank. In fact, in part, this is also part of the securities business. .

It’s just that Huahua Bank does not focus on securities, and it does this with the idea of ​​​​getting a profit.

But Hu Jinshan is different. When Hu Jinshan entered this industry, he wanted to do a good job in the securities business in this industry.

 But Hu Jinshan had considered everything but Jiang Xiaobai’s mood. Although the securities market was not small, Jiang Xiaobai was not willing to compete with these state-owned capitals.

There are a bunch of mothers-in-law hanging over it, so there is really no need to intervene.

 However, it is not appropriate to refuse directly like this. You must also take appropriate care of the emotions of your subordinates.

So Jiang Xiaobai read the information carefully, then looked at Hu Jinshan and asked: "When you enter the securities industry, where are you going to make a breakthrough?"

"Director Jiang, I have considered this. This time the share reform is an opportunity. I have been contacted by an air-conditioning company and I have made preliminary contact. They are also preparing for the share reform, so we are going to use the share reform of this air-conditioning company as an opportunity. Breakthrough." Hu Jinshan said.

 (End of this chapter)