C127 His Boots Have Already Fallen to the Ground

On Monday morning, Fan Wenbin turned on his computer and saw that the large market had fallen by more than 20 points, and Hua Cheng Group's shares had fallen by more than seven points. A trace of worry immediately surged in his heart, and he immediately called Qin Mingtai, who was far away in Guang Zhou, to inquire about the situation.

On the other side, the moment Qin Mingtai picked up the phone, he clearly told him that the United States Federal Reserve Committee, led by Bernanke, had announced last night that the federal fund's interest rate had been raised by 25 points to 2. 25%.

This was the third increase in interest for the Federal Reserve since it died this year. Its officials believed that it would continue to increase interest gradually, which was consistent with the current economic expansion of the United States, the strong performance of the labor force market, and the inflation target of the Federal Reserve. Continuing to increase interest gradually was in line with the current economic development situation.

"Brother Fan, the boots have landed. " On the other end of the phone, Qin Mingtai sighed deeply and said without worry, "The market this year will probably be like this. Even at the end of the year, there will not be much improvement. "

Seeing that the other party was very pessimistic, Fan Wenbin felt his heart suddenly sink. His eyes stared at the large green market. Then, he asked unwillingly, "Did the SEC and People's Bank take any measures to save the market?"

Qin Mingtai said, "Yes, yes, but the effect is not obvious. " A little. Then he said, "Yesterday, the People's Bank announced that in order to improve the financial environment of small microenterprises and private enterprises, In June this year, they increased the loan and reimbursement quota by 150 billion yuan, and then increased the quota by 150 billion yuan. Using its directional regulator and precise drip function, it supports financial institutions to increase the investment of credit to microscopic and private enterprises.

"This is mainly for the real economy. As for the stock market, currently, there is no good news" Qin Mingtai cleverly said, "However, the SEC has announced that it will push to deepen the entire capital market and form a new structure for the capital market as soon as possible. "

Finally, Qin Mingtai summarized: "Brother Fan, this is the news. However, I personally think that there will be a wave of food sales next year as A shares are building a historical bottom. You don't need to be too pessimistic, just wait for the good news.

After hanging up the phone, Fan Wenbin secretly let out a long sigh. He stared at the green plate, and a trace of sadness appeared in his heart. He thought to himself that this was what he said. But what would happen in the future? No one could tell. Waiting for the good news and waiting for the good news, perhaps there would be bad news.

As the saying goes, the eyes cannot see but the heart cannot be bothered. After thinking for a while for no reason, he turned off the computer and walked to the window, looking at the gray scenery outside the window. However, his mind was still thinking about the K-map of Hucheng Group.

Suddenly, he thought of the very famous stock commentator, "Mr. K" Lu Liang. Before Hucheng Group went public, Fan Wenbin entered the stock market in 2004 and started to stock up until 16th, Oct. , 2007. The stock index soared to the highest point in history, 6124. 04 points. At the same time, it became a legend in China. At the same time, a large portion of the investors' hearts were filled with scars that were hard to heal.

During this period of time, among all the shareholders, The one who gave him the deepest memory was Mr. K, Lu Liang. It was said that Lu Liang was a very accomplished cultural person in his early years. He had even published a short novel in the famous literature magazine, Profits. Later, Lu Liang entered the investment world. However, he didn't succeed, except for his 1 million yuan that had gone down the drain. He still owed over 20 million yuan.

Since 1999, in the name of "Mr. K," he had published a lot of stock reviews to promote the theory of "talking about politics as a general trend. " He had coincidentally caught up with the "5. 19" market and became famous in one go, becoming the stock god in the hearts of most shareholders.

In August of the same year, the China Securities Newspaper published a special version of "Kandal," which claimed that it wanted to take charge of its own business, and it was later renamed to China Investment Company. It was built into China's Boxa-Hathaway, and Boxa-Hathaway was the company of America's Buffett. The idea that Leriang was promoting was very motivating.

Later, when Nakatomi Nakajima fell silent, Lu Liang actually took the initiative to stand out. Not only did he blow up the inside story of his company, but he also wrote an article that was 18,000 words long. It told people that in 1998, a big shot in Shenzhen, Zhu Huanliang, came to find him and asked for help from Kandarll Investment.

On December 1, 1990, Shenzhen's stock market opened for business, and Zhu Huanliang happened to be in the market during this period. At that time, one of Shenzhen's 5th shares, Wanke, had a very low share price. He took the opportunity to take in the shares, and as a small shareholder representative, he entered the Wanke board of directors.

In the early 90s, Zhu Huanliang, who had been fighting in the stock market for a short period of time, had already become a tycoon. He had become a big shot in the Shenzhen stock market. In 1997, Kandarll, who used nearly 200 million to hype up the chicken business, did not expect a sudden Hong Kong chicken plague to cause Kandarll to fall. Zhu Huanliang was deeply trapped in it and could not extricate himself.

Helplessly, Zhu Huanliang went up north to Beijing and found Lu Liang, begging him to help him solve the problem. Although Lu Liang, who claimed to be a strategist and cultured person, looked down on Zhu Huanliang, who was a bumpkin, After thinking for a while, he finally agreed to cooperate with the coal trust investment company and other Beijing agencies.

Before that, there was also a very impressive detail that was very intriguing. According to the agreement, Zhu Huanliang threw out a hand at the designated time in the account he controlled and used these warehouse orders to confirm that 90% of the Kandarll stock market that he controlled was not a lie.

Later, Lu Liang and the others took away 50% of Zhu Huanliang's shares. At the same time, both parties agreed that Zhu Huanliang's other half was not allowed to sell for five years and worked together to turn Kandarll into a big bull stock.

Lv Liang was very confident in restructuring Kandarll. What he wanted was that the company had a lot of land value. However, after truly entering the company, he discovered that this was a very, very, very deep scam. Not only did the commercial land in the Gold District not exist, but the real estate company also had a fake account of 400 million.

After Lorie and the others knew that they had been tricked, they did not withdraw in time. On the contrary, in April and May 1999, they bought 34. 61% of Kandarll's national shares. In this way, they had used more than 700 million yuan in total.

In fact, Lu Liang had already gotten 277 in July 1998. 90,000 shares of Kandarll. According to the market value at that time, it was about 6,000,000 yuan. Lorie did not have that much money. It was the so-called consultation fee given to him by the Beijing agencies and Zhu Huanliang of Zhongcoal Trust Company.

Lu Liang used the shares in his hands to pawning and financing the securities department, raising the stock price, increasing the market value, and then pawning and financing to raise the stock price. At the same time, he also used new funds to copy other shares and use them to pay back the debts and financing interest.

In 1999, Kandarll rose from 20 yuan per share to more than 40 yuan per share. It rose to 111% in the whole year. In February 2002, the share price rose to 80 yuan per share. The market value also rose from 1 billion yuan in October 1998 to around 6 billion yuan.

At this time, Zhu Huanliang's experienced market intuition told him that the bull market was about to be finished. It was time to sell the goods. Hence, Zhu Huanliang ignored the contract he signed with Lu Liang and secretly started to secretly reduce the amount of Kandarll shares in his hands. Later, when Zhu Huanliang fled Hong Kong with a large sum of money, he threw it to Lu Liang. Lu Liang said, "Shares can only be earned by selling them. "

At this moment, Lu Liang was still intoxicated. Apart from living in the 5th building of Beichen Garden, he also bought the 14th building. When they got married on Feb. 18th, he ordered his trader to sell the previous trade day at a price of 72 per share for the sake of winning the prize. 88 yuan.

In October, a few organizations in Beijing felt that the pressure on Kandarll had increased significantly. They speculated that Zhu Huanliang had caused trouble and threatened him. If he had betrayed them, they would not have let him off easily. However, Zhu Huanliang was also experienced and could not be easily controlled by others. He clearly indicated that he would not play with them anymore.

From the 50,000,000 shares in October to the 23,000,000 shares on December 10th, every 15 million shares would be transferred to Zhu Huanliang. It was said that he paid a large sum of money to hire warships to help him transfer the money to a certain place in Hong Kong.

From an investment point of view, he had secretly completed a very beautiful and outstanding operation. The entire dumping process was complete. It could be said that it was flawless. No wonder Lu Liang mocked Zhu Huanliang later on, "You're a country bumpkin after all, you only like cash. "

The most precious thing was that Zhu Huanliang overcame the mistakes that greed might bring and made a very rational decision in the most crucial part of the investment segment. He turned the chips that were getting more and more ambiguous into real money and silver.

Later, when the first stop of Kandarll collapsed, Zhongcoal Trust Company and other Beijing agencies were priced above 35 yuan per share. They took over Zhu Huanliang's 10 million shares and spent more than 400 million yuan.

After that, President Wang Shi, who was very familiar with Zhu Huanliang, said that Zhu Huanliang had also been betrayed by a person he trusted, "Teacher Li. " Joining forces to take charge of the business was a betrayal in itself. Back then, the cooperation between Lu Lianghe and Zhu Huanliang was just that they each had their own ulterior motives.

After the myth of entrepreneurship became the focus of all the media, on the day after the Spring Festival of 2001, Lu Liang escaped the police's surveillance and mysteriously disappeared in his military coat. From then on, there was no trace of him. A year later, in June 2002, many of Lu Liang's subordinates and partners were trialed by law. They were sentenced to two to four years in prison.

Fan Wenbin had studied this legendary story very deeply, and he had his own unique understanding. Zhu Huanliang was a clear and rational entrepreneur, while Lu Liang was a strategist full of political thinking, and more like the boss of a state-owned enterprise.

When Kandarll (Stock Code 0048) was at its peak in the secondary market, Zhu Huanliang once said excitedly that he could not even suppress it because he bought too much. At that time, he was definitely not "a country bumpkin who only likes cash. " Because he knew very well that more chips would be exchanged for more cash.

Later on, Zhu Huanliang chose to dump the shares because he realized that the rising trend was getting less and less, and the difficulty of cashing in was getting higher and higher. The risk of holding more chips was far greater than the expected profits in the future. The balance had started to tilt, and it was clearly on the side of selling.

In China, a country with a political economy starting to change. There were many entrepreneurs like Lu Liang who were passionate about idealism and used political thinking to do business. The success rate was also very high. Lu Liang was only one of the few unlucky ones.

In this legendary story, Lu Liang, the shareholder, neglected a very basic common sense. This was that there was a limit to the capital market's funding. Even China's securities market was no exception. No matter how strong the bull market was, there would be a day when it would eventually collapse.

No matter how many reasons there were to create the bull market, the psychological mechanism should be the same. This process was roughly as follows: A batch of pre-emptive funds entered the market ahead of time and earned a lot of money, creating a very good demonstration effect.

As the demonstration effect continued to expand, more funds entered the market. At the same time, it also earned a lot of money. It guided all the funds that were willing to enter the market to enter the market, pushing the stock price to a level where it could not continue to rise.

After a little bit of suffering and hesitation (the market performance was at the top), a batch of funds began to doubt the myths that they had firmly believed in before. They withdrew from the market, and the share prices started to fall. The loss effect began to spread. The share prices continued to fall, and the bull market ended.

In the process of this soul-stirring capital game, another reason why Zhu Huanliang and Lu Liang took different actions in the same incident was that the two of them had different restrictions. Zhu Huanliang's money was his, while Lu Liang was playing with other people's money. Therefore, Lu Liang dared to bet, but Zhu Huanliang didn't dare to bet.

In the entire story of the company, Lu Liang was more like an agent. To be more precise, he was more like a typical agent for China's power capital during the transition period. Zhu Huanliang, on the other hand, was an investor. What he cared about was the maximal value of his capital. Once he saw that the possibility of the value increasing was close to zero, he would not hesitate to betray the already unreliable contract.

Therefore, to want state-owned funds and private funds to lock the warehouse indefinitely at the same time, it was either a fool or a madman. But this was exactly what Lu Liang wanted to do. This kind of risk, only those who were in the representative position and had the temperament of a poet would dare to challenge.

Lu Liang was such a storyteller. Among all the participants, he was the only one who took this fictional story seriously. He had no choice but to take the story that he was going to tell seriously and become an appropriate person at the appropriate time.

Thus, at the end of the story, such a scene appeared. At 4 AM on 28th, 2001, Lu Liang wore a military coat and escaped from the police's surveillance. He took a taxi and disappeared into the night of Beijing forever.

The night was very deep, and the night was very thick. However, this was not a beautiful night where fire trees and silver flowers were very nostalgic. Instead, it was a huge black curtain that many shareholders could not figure out behind the scenes that separated the front and back of China's securities market.

Thinking of this, Fan Wenbin could not help but let out a long sigh. He thought, Later, it was said that Zhu Huanliang brought a huge sum of money to Hong Kong first, then he migrated to America. As for where Lu Liang went, there was no news until now.

At this time, the phone rang loudly. When he picked it up, the screen displayed Zhou Boyi. He could not help but think of her ex-husband, the deputy director of the Da An County Economic Protection Bureau, and the team leader of the Joint Investigation Group, Wu Chaohai.