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Section 63 Joys and sorrows

Chapter 63: Joy and Worry

Zhang Hongwei pondered for a while, feeling that what Zhao Guodong said was very likely, and his heart became heavier. Although Yang Jinguang took the lead in the Andu Property Exchange in the early stage, he actually gave him one-hand operation in the later stage. He put a lot of effort into this property exchange. It can be said that even after serving as the vice governor, he focused a lot of energy on this, which was also the primary task assigned to him by Zhao Guodong.

The property rights exchange was accompanied by controversy since its initial establishment. The Anyuan Provincial Securities Regulatory Bureau questioned the nature of the property rights exchange at that time, especially thinking that the property rights transaction was actually the same as stock transactions, almost all imitating the methods of the Shanghai Stock Exchange and the Shenzhen Stock Exchange. Perhaps the only difference is that under the guise of property rights transactions, and these property rights were not listed publicly. However, this trading method is different from the Shanghai Stock Exchange and the Shenzhen Stock Exchange's serious stock transactions?

However, this property rights exchange has received strong support from the Ministry of Industry and Information Technology from the very beginning. Judging from today's situation, even Xue Yi, Minister of Industry and Information Technology, personally cut the ribbon and unveiled it. This shows that the Ministry of Industry and Information Technology's support for this exchange, but the support is the key to the fact that the exchange does not exceed the principle. If it is defined as property rights transactions, then the Ministry of Industry and Information Technology can be led by the Ministry of Industry and Information Technology. If it is classified as securities transactions, then the China Securities Regulatory Commission will naturally include it in its management. As for whether it can continue, no one can clearly state that this is not something that a certain person or an agency can say, and in the end, the central government will still have to make the decision.

When Zhang Hongwei was operating this exchange in the early stage, he also spent a lot of effort on the CSRC and used old and new relationships, but the CSRC's attitude has always been very cold. Even if there are some private relationships inside, they cannot truly break through. This is a matter of principle. No one can put private relationships above principles.

As for the current trading methods of the Andu Property Exchange, it is barely reasonable to say that it is a securities transaction. According to some policies issued by the central government in this regard, the CSRC may also have to take action against the exchange, but because this is a marginal issue and a question worth discussing, the ultimate definition of the property exchange depends on the central government.

"Governor, judging from today's trading situation, the exchange has a strong vitality. The transaction volume today reached 1.8 billion yuan, and the average stock increase of these 23 companies is more than 300%. For example, Jinghong New Materials, Colorful Ring Materials, and Shenglong Fiber, the three companies have increased by as much as 600%. These three companies are all from Ningling, two of which are from Ningling Development Zone, one from Fengting County, and there are also Mishan Jingcai from Ningling West River and Taihe Food from Hualin, both of which are 500%. Ningling enterprises showed vitality at once." Zhang Hongwei sighed a little, but then he pulled the topic back, "How can such a new thing that has a great boost to the development of our Anyuan small and medium-sized enterprises and has unparalleled benefits for the improvement of our Anyuan financing environment? I don't believe that the central high-level officials can't see this!"

"Hongwei, you probably think too simple about the problem. In fact, it is not one or two that compete with our Andu for this property exchange. Aren't Chongqing, Zhengzhou, and Wuhan all competing for this? They also have the same conditions, but they failed." Zhao Guodong shook his head disapprovingly, "Now these provinces and cities have not been approved, but only our Anyuan successfully clears the clearance. This force will definitely be noisy in front of the central government. The mentality of wishing people poor and hating people rich exists between any situation and anything. In addition, the CSRC had doubts about our property exchange. If someone came to slap the ghost fire again, I am afraid that the CSRC would really sacrifice the Shangfang sword to kill people."

Zhang Hongwei was speechless for a moment. He didn't think so much, but he also knew that other provinces and cities were quite dissatisfied with Anyuan's efforts to win this pilot. Some provinces and cities were also reporting the problems to the central government, which was easy to make a statement to the China Securities Regulatory Commission.

"What should we do, governor? The exchange cannot collapse, absolutely cannot collapse. This is the first thing our new government does. Moreover, this can be said to be of great importance to the economic development of our province in Anyuan in the future. It can be said that we must keep the exchange even at all costs." Zhang Hongwei was a little anxious, "I believe that this is not only us, but the main leaders in the province and the city should see it, so we may also plan ahead."

Zhao Guodong sighed softly and looked at Ling Zhengyue, who was sitting in a position. He was talking to Xue Yi, Minister of Industry and Information Technology. Both of them seemed to be quite intimate and their words were quite intimate. Obviously, Ling Zhengyue did not take the abnormal sign that no one in the CSRC attended. In his opinion, as long as it was beneficial to Anyuan, the CSRC should support it as expected, but the problem is often not as simple and relaxed as imagined.

In fact, he mentioned this to Ling Zhengyue in the morning, but Ling Zhengyue didn't care much. Maybe he was still intoxicated by the joy and excitement of the unveiling transaction, or maybe he didn't think that the CSRC would make a big deal about this matter. In short, he felt that the CSRC had no big problems. As long as the CSRC could survive smoothly, and continuously raise funds for Anyuan small and medium-sized enterprises, it also found the most suitable and rational way out for Anyuan private capital.

The key is whether the CSRC will attack in this name. If there is any and there is no preparation here, the showdown may start from now on, which means that everything that has been done before is worthless and everything may fall down, which comes down to zero.

He needs to have a good talk with Ling Zhengyue to make him realize the seriousness of the current problem. Perhaps tomorrow the China Securities Regulatory Commission will attack on any trivial reason, even if the exchange is temporarily closed, it may cause endless trouble.

Ling Zhengyue was still immersed in excitement and joy.

The trading situation on the exchange on the first day was ecstatic. The transaction volume of RMB 800 million, and the sharply rising account opening number and the skyrocketing corporate equity, all of this looked so wonderful. This was an unimaginable help for Anyuan small and medium-sized enterprise financing. Although many people complained that the exchange was too strict on the threshold requirements, especially the requirements for corporate declaration information, Ling Zhengyue also agreed with Zhao Guodong's point of view. The first step must be firm, ensure success, and must be launched, so that all investors have confidence in the exchange. To achieve this, it must be stricter and higher requirements.

It is impossible not to say that Zhao Guodong is quite creative and smart in planning the economy. An Yuan, the property rights exchange, has taken a considerable advantage in planning in advance. Chongqing, Wuhan and Zhengzhou are one step late. Although they try every means to catch up, this step is slow, and An Du finally laughed to the end.

Judging from the trading situation on the exchange today, it completely exceeded expectations. Many industry experts and scholars had previously expected that the transaction volume could exceed 100 million yuan, which was an amazing success. Unexpectedly, the transaction volume reached 180 million yuan in one fell swoop, which greatly exceeded expectations and made everyone feel full of confidence.

Ling Zhengyue and Xue Yi both listened to the idea of ​​the person in charge of the exchange. In addition to the first batch of 23 companies to enter the market for trading, the review of 12 companies has ended and has been in a three-week public announcement period. There is another week's public announcement period to expire. If there is no problem, these 12 companies will also trade on the counter. What made Ling Zhengyue excited was that eight of the 12 companies are from outside the province. This is a very clear signal, that is, the scope of property transactions of the Andu Property Exchange is not limited to the Andu Province. The entire inland area and even the coastal areas will be covered by the Andu Property Exchange.

Ling Zhengyue was completely fascinated by this ecstasy mood.

Zhao Guodong mentioned to him that there was no one coming from the CSRC, and he didn't care. For example, the establishment of the Andu Property Exchange was not something that the Ministry of Industry and Information Technology could decide. In fact, it was the approval of the central government. The CSRC might have some dissatisfaction with this. However, in this case, he did not believe that the CSRC would not realize the benefits and interests of such a big thing. Even if the CSRC was very dissatisfied with it, if they really wanted to take measures, they would probably think twice before taking steps and take a step back. Even if the CSRC really wanted to take action regardless of everything, it would definitely pass the State Council. Just want the Ministry of Industry and Information Technology to support Anyuan to build this exchange, it would also need to pass the State Council.

Because of this, Ling Zhengyue didn't care much about Zhao Guodong's concerns. He believed that even if there was a problem, he would have enough ability and time to deal with and deal with it. He felt that what we need to consider now is how to make the influence and coverage of Andu Property Exchange take another step forward.
Chapter completed!
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