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Chapter 348: On the Eve of the Market Rescue [Request for Full Order]

Chapter 348: On the Eve of the Market Rescue [Request for Full Order]

The time has come to September 10th.

It happens to be the weekend, and in two days, on Monday, the Shenzhen Stock Exchange will reopen. It will be the most crucial moment to decide whether the 2 million yuan spent by the government in this rescue operation is worthwhile, and whether it is a victory or a defeat.

Some people may not understand.

Isn’t National Day also called the Golden Week? Shouldn’t it be a 7-day holiday?
Actually, it is both right and wrong.

But this is the name given by netizens after the millennium. In fact, before 99, there was no so-called Golden Week at all. Even the Spring Festival only had three days off, and the National Day was only two short days. How could there be a so-called Golden Week?
night.

The government staff housing building is located in Futian District, Pengcheng.

Dragging a tired body.

He Weijun, who was in his early fifties, returned home. He didn't even bother to pay his wife's call for dinner. He went straight into the study upstairs and looked for information on how local governments responded to the collapse of domestic and foreign stock markets, various rescue measures, the impacts after their implementation, and so on.

Although of little use.

Because there is not much information on this subject to begin with, and he has almost read through it all in recent time.

Fortunately, there is an old saying: "Sharpen your spear before the battle, even if it is not bright, it will shine."

He didn't want to find the answer from these materials. The Shenzhen Stock Exchange was facing troubles this time, and the response measures that they, as the district government in charge, could take, including the help that the higher-level government could provide, were all in place.

What we want now is a result.

And the result often takes time and pain.

He Weijun is a scholar-official.

As a native of Daqing in the north, the reason why he was assigned to this city of Peng in southern China from afar was because the higher-ups were impressed by his knowledge and the papers on economics he published during his tenure as a university professor. Almost every one of them hits the nail on the head on the head of the times. Although he may be a jack of all trades, who can blame him for not being able to justify his position? The mainland is in need of administrative talents like him who are proficient in economics.

So, he, a university professor who was originally teaching well, was assigned to be the person in charge of a key area in a key special zone city.

There is no need to be surprised, because things like this are very common in recent years.

Crossing the river by feeling the stones is not just talk, but something that needs to be done and tried.

Thinking of He Weijun, he was also very happy when he first took office a few years ago. He was so excited that he couldn't sleep for whole nights.

Because the time to test myself has finally come.

Over the years, he has been making his voice heard through various channels, writing in newspapers, waving flags and shouting slogans, and lamenting the inaction of various local governments in economic development.

Why is that?
Isn't it just that he wants someone to see his ability in economic development and have a chance to put these strategies into practice?

Looking at both domestic and foreign economists, there are generally two types of economists: pragmatists and dreamers.

Visionaries only need to talk big and publish articles from a high vantage point.

And practical people need to put these lofty talks into practice, apply them in practice, gather the blueprint in reality and realize the ambitions in their hearts.

It is obvious from here that doers are superior to dreamers, and it is estimated that every economist has an ambition to combine what he has learned into a blueprint in reality, to realize his own ideas and thus realize his ambitions.

But the key is whether you dare or not, do you have confidence? If this concept is wrong, then you will be slapped in the face, and there is probably no way back. If you want to deceive the world by writing articles, then you will become a joke.

His reputation is ruined!

He Weijun is 56 years old this year. He only needed to teach for a few more years and then wait until retirement. By then, he would be re-employed with a drawer full of honorary certificates.

Then he would be a highly respected expert professor in economics.

He is respected wherever he goes, and is welcomed by people no matter which school he gives a speech.

But he still chose the most difficult path.

Because he has ambitions in his heart, and his heart is filled with the motherland and the people.

In this case, why should we cherish ourselves?

Unfortunately, he is old after all. After working for the past one or two years, he is physically and mentally exhausted. The key is that he has not achieved any results. The only thing he can show off is the Shenzhen Stock Exchange, which was established not long ago, and it is also the foundation he laid before. He is just following the steps and does not have much say. The key still depends on the standing committee members of the Pengcheng Municipal Government.

Although he is now in charge of Futian District, he is still half a level away from the position of member of the Standing Committee of the Municipal Party Committee.

But then again, although he is not the one who can make decisions, he is indispensable in execution. As the chief executive of the location where the Shenzhen Stock Exchange is located, he is fully responsible for the rise and fall of the Shenzhen Stock Exchange.

But now it seems that he cannot bear all the responsibility.

The stock market was too hot before and investors were too crazy.

He was repeatedly asked by those above him to cool down the stock market, and he did make some arrangements. Later, the stock prices did go down, but a little too much. Investors woke up from their frenzy of stock speculation, and the change was too fast, so they suddenly became panic again.

So what can he do?
He has no experience in this area. Looking around the world, there are no investors who are so easily influenced by rumors and easily go to extremes.

There is no way out now and the market must be saved. Once the stock market collapses, it will quickly affect the real industry and cause a devastating chain reaction. Then all the achievements of Pengcheng's reform and opening up in the past 10 years will probably be reversed. The subsequent impact may even affect the national economy. By then, let alone him as a small district chief, even if all the members of the Pengcheng Municipal Standing Committee were asked to line up to take this responsibility, I am afraid no one would be able to bear it.

This black pot was so big and round that it even blocked the moon above.

Otherwise, do you think that Pengcheng, with a total fiscal revenue of less than a few billion yuan a year, would not even frown and would rush to take out 200 million yuan of fiscal revenue, and just waste it?

Yes, it’s just skipping stones.

Until this moment, until this afternoon, before the stock market closes, many economists think so.

Because 2 million is simply not enough. According to the speculation of these economists, at least 10 billion must be prepared. If it is less than 10 billion, forget about saving the market. The confidence of stock investors cannot be restored so easily. It is better to go to bed early.

He Weijun himself is a graduate of economics and was even a famous expert professor. He actually agrees with the speculations of his colleagues.

Two hundred million is indeed a bit too little, but what should the government do if it has no money?
There is no other way but to cooperate with administrative measures. Just like how we suppressed the stock market before, we should do the opposite this time. In short, we should prop up the stock price first.

But what to say?

It still seems a little bit off.

It is true that the government is working hard to promote the stock market, but investors are not stupid either. They are mainly on the sidelines during this extraordinary period, mainly because they are afraid of being cheated. If they make any move, they are afraid of losing all their money.

What should we do then?

He Weijun is now worried about this matter. The 10 million rescue funds have been invested, but the effect is not yet visible. Tomorrow is a holiday, and the market will officially open the day after tomorrow, October 7. It will take one day to decide life or death.

If there is no improvement by then, and investors have been resting for two days without adjusting their mentality, and panic continues to spread, then the government's rescue operation fails to achieve the expected results, then it's over. It will be even more difficult to rescue the market again in the future, and the losses will be even greater.

He Weijun now has two worries.

He is worried that his reputation will be ruined in his later years. He cannot take the blame, but he will have to bear it when the time comes.

Second, if you worry about the loss of state and people’s property, you will become a sinner for all eternity.

So in recent days, he was under so much stress that one side of his hair turned white. The white hair that had just been dyed white on his temples was spreading directly to his bald spot as if it had turned on.

The so-called missing piece in the center is a symbol of his intelligence. I'm afraid he has already occupied the commanding heights.

"It would be great if we could find a catfish at this time. It doesn't require an investment of hundreds of millions of dollars. It just needs to be well-known and act as a show. What shareholders need most now is to boost their confidence. I have to think of a way. There is still one day tomorrow. I will see if I can contact a few more entrepreneurs in the district. I hope it can have some positive effect."

Although doing so may seem a bit like deceiving investors.

But after much thought, He Weijun decided that this was the most reliable method. He could find a few more famous entrepreneurs to act as a model, and then cooperate with the government's 200 million yuan rescue operation. This might really achieve twice the result with half the effort.

Put down the information in your hand.

He shook his head and felt a little uncomfortable in his stomach again, so he opened the drawer and took out a small bottle of medicine. This was a painkiller for treating stomach pain. He had been eating irregularly recently, and he had been relying on it to hold on until now.

Twist off the bottle cap and pour out two small pills from the small white plastic bottle.

He Weijun did not rush to swallow it, but first looked for water on the desk.

Sure enough, his wife understood him well and had already prepared a pot of cold boiled water for him on the desk.

After all, Pengcheng is one of the southernmost parts of the continent. Unlike the north, the temperature here is relatively high all year round, and he is not used to drinking boiled water. Since he came here, he has become accustomed to drinking it by boiling the water and then letting it cool. This way of drinking is not only healthy, but also makes the whole person feel very comfortable.

It's a pity that his wife knows that he has stomach pain, which has been quite severe recently. Otherwise, if she put some tea leaves in the teapot, the boiled water would become herbal tea, which would taste better.

He Weijun poured himself a glass of boiled water while thinking about his problems. He then brought it to his mouth and prepared to swallow it along with the two small pills in the palm of his left hand.

"Ding-a-ling, jingle-a-ling."

In this quiet environment, the sudden ringing of the phone interrupted him.

This is the home phone.

This phone is installed upstairs in his study. In other words, this phone is not like the phone on the coffee table downstairs in the living room. This phone is only for official use, not personal use.

So what could be happening so late?
Isn't this going to be something bad again?
His heart trembled.

Without even bothering to take the medicine, he reached out for the red landline phone, picked up the receiver and put it to his ear:

"Hello, I'm He Weijun."

"what?"

"Are you serious? Okay, I'll come right away. No, no, no, I can't wait until tomorrow. I have to go right now. There's still a long time from tonight to tomorrow morning. I'll set off right now."

He Weijun didn't have time to take medicine. He seemed to have forgotten that he still had stomachache. He put down the phone and waved his fist vigorously.

Cheer yourself up.

Then he grabbed his coat that was on the chair next to him and walked out of the study.

"Are you going out again? Finish your meal first, or you'll have a stomachache again later."

"Okay, stop talking so much. Just give me two steamed buns. I'll eat them on the way. I don't have time."

"Secretary Li, where is Xiao Zhao? Ask the driver Xiao Zhao to come over and quickly prepare the car. We are going to Yangcheng overnight."

He Weijun went downstairs and walked out in a hurry. At this time, he didn't look like a man who was almost 60 years old at all.

It turned out that the person who had just called him was an old friend of his, an old professor who taught at Yangcheng University, who had called him through official channels.

As for why it was done through official channels, it was also because time was tight. Lu Yang happened to be in a famous club in Yangcheng City today, welcoming his elder brother Mou Qizhong.

Why choose it?
Because it is said that this place has a strong background, not only do business leaders like to hold meetings here, but even in the political world, although it has not been exposed, everyone knows it, and many officials choose to hold banquets here.

Who is Mou Qizhong?

The richest man in the three southwestern provinces, well, that’s right and not right.

It was correct before, but now this guy has won five large aircraft from the Russians and successfully cooperated with Southwest Airlines as he wished.

Besides, saying that he is the richest man in the three southwestern provinces is a bit of an underestimation of him.

But to say that he is the richest man in the country is not quite right. To say that he is the king of cash is more like it.

Now that the King of Cash has come to Guangzhou, and word has gotten out, won’t he be warmly received by the local government?
But their destination is not Yangcheng, but Pengcheng, so even if Lu Yang didn't say it, Mou Qizhong would definitely choose to keep a low profile. Otherwise, the welcome ceremony has been held, and you say that I am not investing in Yangcheng, I am going to Pengcheng, and I am just passing by your Yangcheng. What will the leaders of Yangcheng think?
You have to save face!
So keeping a low profile is also a tacit understanding, so that the local officials will pretend not to know you have been here.

However, Lu Yang was very pressed for time and didn't want to waste it, so what should he do? Try fishing.

He Weijun is the fish that Lu Yang wants to catch.

Including tonight's welcoming banquet, which was specially held in this club, Lu Yang also specially invited several professors from Yangcheng University as guests of honor through the couple Da Jun and Xiao Xiao. After all, they are intellectuals and bosses with status and position. When they discuss business and meet guests, they always invite several of them to accompany them, right?
This is all normal.

It just so happened that one of the expert professors is an old friend of the current mayor of Futian District, Pengcheng City.

"By the way, Secretary Xu, I have a task for you now. Go to the door and greet your teacher."

"what?"

"Professor He Weijun, didn't he teach you when you took economics as an elective in your sophomore year?"

Everything is under Lu Yang's control.

Who could have imagined that there was actually such a relationship?

Lu Yang had just found out about this not long ago. It was really not intentional. He brought Xu Siqi along out of his confidence in her personal abilities and the girl's own request.

(End of this chapter)

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