The article was posted, and Chen Qiaoshan breathed a little relieved, but at the same time, his heart was actually still hanging.

This is also impossible. Things in the stock market cannot be controlled by individuals.

Chen Qiaoshan has made all his money this time and has put all his wealth into it.

Since the Asian financial crisis, the domestic economy has suffered a heavy blow.

Take the power industry as an example. From the previous power shortage to the excessive power surplus, under the suggestion of relevant economic experts, the country has introduced macro-control policies and suspended all power infrastructure construction.

In this way, the consequences can be imagined. As the economic situation improves, shortage of electricity resources becomes an inevitable result.

Now if you ask local governments what they lack the most, the answer is 80% short of electricity.

In 2003, the national electricity supply was tight, and it had changed from a period shortage to a continuous shortage of electricity supply throughout the year.

The Chen family has a deep understanding of the power shortage.

The drought in Henan Province this year is related to the vital interests of rural people. However, under such circumstances, rural areas frequently shut down power limits, causing farmers who farm in the countryside to complain.

Drought resistance requires water, pumping requires electricity, and saying nothing is useless if you don’t have electricity.

The Chen family dug wells everywhere, but due to frequent power outages, they spent extra money to buy a diesel generator.

This money was not needed to be spent, but after the well was drilled, it was necessary to test the machine. How could it be done without electricity? In the end, I had to invest an additional amount. Chen Ma was talking a lot about this.

Electricity shortage is a market problem, but ultimately an economic problem.

To put it bluntly, the so-called macro-control is actually "pig raising economics".

As we all know, pork prices will fluctuate periodically, and correspondingly, the price of live pigs will inevitably fluctuate periodically.

Pig farming has a cycle, namely the loss period, the profit period and the stable period.

Experienced pig farm owners know that when the price of pork is high, a large number of people will inevitably enter the market, and then they will enter a loss period. At this time, the sows should be properly reduced.

Human intervention to maintain a balance between supply and demand, this is macro-control.

Of course, the market economy is much more complicated than raising pigs. This situation requires economic experts to provide advice. After all, when a power shortage occurs, it means that the people are paying for the mistakes of those economic experts.

...

In the economics community, there is a consensus that no one can predict the short-term stock market trend, but based on market laws, we can infer the general trend of the market in the next three to five years.

This is like the owner of a pig farm. The price of pork is at a high level, and no one can be sure whether the price will rise or fall tomorrow, but it is certain that the price of pork will definitely plummet in the coming year.

Chen Qiaoshan was forced to make a fortune this time, and in order to make a quick profit, he started to act like a charlatan.

This is also impossible. Without enough capital, he can only make a big fortune with small profits.

But it is not that simple to allocate funds to trade stocks in a bear market. A slight wave hit is a small matter. If the boat capsizes, it is a small matter. I am afraid that there will be subsequent troubles.

In order to quickly promote the stock price, Chen Qiaoshan also tried his best this time and did not hesitate to release a lot of predictions for this.

Of course, these predictions are true.

The fact that over-the-counter funds buy blue-chip stocks is no secret for Chen Qiaoshan.

From the end of 2003 to mid-2004, the famous "five golden flowers" in the stock market were born.

The weight sectors represented by steel, petrochemical, automobiles, electricity and banks have successively emerged, and have greatly defeated the market's rising market. They have suddenly reached a small climax in the bear market and are called "Five Golden Flowers" by later investors.

Chen Qiaoshan knew the names of several stocks clearly, but he did not announce them all. To be a charlatan, one must be a charlatan. He had to keep half of his words before he could have a lingering taste.

His article is actually a soft article, and the main one is Guotou Electric Power.

Although the "Five Golden Flowers" are good, the profit cycle is very long.

Chen Qiaoshan listed all big blue chips. As we all know, it is almost impossible for blue chip stocks to soar in a short period of time.

The "Five Golden Flowers" have reached its peak, and it will be mid-year next year. The time left for Chen Qiaoshan is only one and a half months at most. He must earn enough money during this period, otherwise he will miss the scattered cake of the Delong system collapse.

...

Monday, December 1st.

The Economic Daily published an article by a signed person.

The article talks about two things. First, the CSRC will take positive measures to continuously enhance market confidence. Second, the CSRC will strengthen supervision and effectively protect the rights and interests of shareholders of circulating shares.

The article ends with the article: While the CSRC strengthens supervision, it also welcomes participants in the market economy to participate in appropriate ways and safeguard their legitimate rights and interests.

This sentence has no beginning or end and is very intriguing.

The author of the article is Tu Guangshao, who was then the vice chairman of the China Securities Regulatory Commission.

The same sentence, if you say it from different people, will have different effects.

Chen Qiaoshan shouted some time ago that the CSRC should strengthen supervision and no one paid attention to him at all, but as soon as the article in the Economic Daily was released, it quickly caused a shock in the domestic financial community.

At the same time, the Economic Daily also published a brief message with very short content and only a small amount of space: Southern Securities was taken over by the government administration.

Everyone understands that Southern Securities is completely finished this time, but no one can laugh because everyone knows in their hearts that the era of strict supervision of the China Securities Regulatory Commission has arrived.

Affected by this, the stock market was the first to react. As soon as the market opened in the morning, the market fell again.

As of 11:30 noon, the Shanghai Composite Index fell below the 1300 point mark and closed at 1278 points, a drop of more than 2%.

Chen Qiaoshan received the news at noon. He checked the trend of Guotou Electric Power at the first time. The situation was not optimistic. One morning, the stock price fell by nearly 1%, just one step away from the closing line.

Chen Qiaoshan really asked the heaven speechlessly this time. He knew in his heart that the situation was actually caused by himself.

Due to his intervention, the problems of Southern Securities were exposed in advance.

Kan Zhidong, the head of Southern Securities, resigned early, the China Securities Regulatory Commission intervened in advance, and then in advance custody, which eventually led to the early arrival of the regulatory wave.

Chen Qiaoshan was quite proud of this link, but this was the capital for the future. Unfortunately, he had not been happy for two days, but he tripped himself up.

According to the agreement with Tianyi Securities, the closing line is close in front of me. As long as Guotou Electric Power drops by another percentage point, it will be asked to add margin.

Chen Qiaoshan was a little bit waxed. This was the first time he had personally experienced the high risks of the stock market.

Clearing up the position and stopping the loss? A thought suddenly popped up in his mind.

But I just gave up thinking about it. Now that the clearance of the position may be able to get back 50,000 or 60,000 yuan, but the securities firms will definitely have to recover the funds. The handling fee and commission are already close to the closing line. If you want to allocate funds, it will be extremely difficult.

If you don’t allocate funds, what is it enough for 50,000 or 60,000 yuan?

Thinking about everything, Chen Qiaoshan decided to take a gamble.

He knew in his heart that because the agreed closing line was too high, the brokerage firm basically did not take risks, and would definitely leave enough time for him to add margin, and he could only hope to be resurrected in the middle.

In the afternoon, the news published by the Economic Daily was completely digested by the market.

Due to market panic, the market continued to fall. As of the close, the Shanghai Composite Index closed at 1,265 points, a full-day decline of 4.74%, setting the largest single-day decline record in the past six months.

The miracle did not happen. Guotou Securities fell by 1.3% in the afternoon. It accumulated in two days and had fallen below the agreed closing line.

Before dinner, Chen Qiaoshan received a call from Tianyi Securities without any surprise.

"Hey, Mr. Chen?"

A slightly familiar voice came from the microphone, with a obviously southern accent.

Chen Qiaoshan immediately realized that this was Wang Wei, the account director of Tianyi Securities.

He said in surprise: "Director Wang, please call me personally, how can you be so embarrassed!"

Chen Qiaoshan is indeed a little strange. Wang Wei needs to come forward to approve funds, so he will naturally not need to ask for the accounts, otherwise what would the account manager keep it for?

Wang Wei said: "Mr. Chen is so memorable. We only met once, but I didn't expect to remember my voice."

Chen Qiaoshan understood that he had to listen to this inversely. The other party was reminding him of his agreement with Tianyi Securities.

"Director Wang has given up!" Chen Qiaoshan quipped with a smile: "I am still young, so this is naturally unforgivable."

"It turns out that he is young and promising!" Wang Wei accompanied him to play the game," Mr. Chen, Guotou Securities has fallen below the closing line. Are you considering clearing and stopping the loss?" Chen Qiaoshan said without thinking, "No need."

Wang Wei was stunned and thought for a while and persuaded: "Mr. Chen, the situation is not optimistic now. Now you can clear the position, and you can still get half of your principal." Chen Qiaoshan hesitated for a while, thought for a while and said: "Thank you for your reminder, but there is no need to clear the position for the time being."

Wang Wei pondered for a moment and had to say, "Then, Mr. Chen, you need to make up 40,000 yuan of deposit before noon tomorrow, otherwise I will have to force the clearance."

"Cheng, Director Wang, I will be there on time at noon tomorrow."

...

The phone call didn't last long, but Chen Qiaoshan felt exhausted.

He knew that he had to accept Wang Wei's favor.

Under normal circumstances, you must make up the margin before 9:15 am tomorrow, otherwise the stock will be listed on the bidding trading platform as soon as possible.

Chen Qiaoshan knew in his heart that there was not much time left for him.
Chapter completed!