Coquettish Rebirth

What kind of report did Jia Hongjian get here?This thing has to start from two days ago.First of all, after Jia Hongjian and his China Satellite TV broke the news about the banker, all kinds of media across the country caught up. After all, this matter was approved by the country, and this matter was too shocking!The four brothers of the Tang family, who have no background, can manage to grow so big, manage nearly 6000 billion in funds, and have more than [-] accounts!How did such a big loophole appear?I want to know everything!

Even if it was an afterthought, there were indeed many, many media in the market in those few days asking what the China Securities Regulatory Commission was doing!Then, the China Securities Regulatory Commission took out such a thing as a fund as a shield-they were spreading such a concept. The dealers in the market are indeed extremely fierce and unscrupulous, but there is a healthy and stable force, that is, a A fund company emerging in Hong Kong!

This kind of fund company is different from the greedy private dealers. The fund company is a scientific, responsible and sustainable professionalism that can defeat private dealers and become a trustworthy force in the capital market!Therefore, the China Securities Regulatory Commission is urgently studying how to seal the source of private bankers, and on the other hand, it will continue to introduce more and better funds in the market!And this method of introducing new funds is an important measure to introduce the experience of mature western financial markets and cultivate institutions and investors!

Obviously, the China Securities Regulatory Commission regards this kind of fund company as a myth to cast.As for ordinary media, there are not many people who understand finance.Now that the China Securities Regulatory Commission has said so, they can only listen to their words and watch their actions.However, just a few days after the China Securities Regulatory Commission finished speaking, after public opinion's criticism of the China Securities Regulatory Commission gradually subsided, China Satellite TV suddenly received a signed report letter.This report letter was written by a researcher named Zhao Yugang from the Supervision Department of the Shanghai Stock Exchange.The report letter he wrote is a private investigation, audit and analysis of fund management companies that already exist in China.

When Jia Hongjian first saw this report letter, he was still a little unconcerned.He knew that the future generations fund had a bad reputation, but after thinking about it, it was better than the current private dealer, so he didn't think much about it.But after reading on, it’s amazing!It turns out that Zhao Yugang took the period from January 1998, 1 to January 1, 1999 as the interval after doing some research.Analyze 1 securities investment funds under 1 domestic fund management companies.Then they conducted a detailed analysis of their summary records of large stock transactions in the Shanghai stock market, and found that investment funds also have a large number of suspected violations of regulations and illegal operations!

In other words, what the China Securities Regulatory Commission is bragging about about which fund is the savior of mankind is completely bragging!This cowhide was punctured by a simple researcher without even blowing it up!When I saw this.honestly.Jia Hongjian couldn't laugh or cry!For the first time, he felt that the real world could be so funny!How was your sister's Chinese stock market built?Why is your sister so riddled with holes?It doesn't matter if there are dealers and liars.Your sister's fund is also doing all sorts of shady things now?Still let the common people live?Still let the retail investors live?If you insist on getting all the retail investors to quit, just you bunch of bankers playing, you will be happy, right?

In Zhao Yugang's report.He analyzed all the fund's trading records within a year in history, and found a very strange thing, that is, when the market fell, the fund often took advantage of a high level when the stock price rebounded to quickly reduce its position, and the other Well, during the rising period, it has been in the process of significantly reducing positions, which is very puzzling!It is completely different from the operating habits of ordinary people!And whether such a group of funds is beneficial to the broader market is not obvious at all.And according to Zhao Yugang's analysis, there are still many "reverse" behaviors in this fund, that is, creating false trading volume!To use an analogy, it’s like the performance of a certain stock they bought is not good, and there is no guarantee that someone will buy it if they want to sell their meat. At this time, the more they procrastinate, the more they will lose. Entrust yourself with a false transaction, which is also a common trick used by outside dealers to build positions and hype themes, and the fund is obviously following the example.According to Da Zhao’s survey, at least 22 of the 20 domestic funds have done “reversals”, trying to trade with each other after agreeing on the children, and mutual liquidation.Then I wrote down a lot of data reports along with the letter.

To be honest, although Jia Hongjian often rolled around in financial situations in his previous life, Jia Hongjian really didn't understand the pages of pure data evidence. After all, it was like checking accounts. Fake accounts, show it to people who don't understand auditing, what good and bad can ordinary people see?can not tell!At this time, Jia Hongjian thought for a while, we don't understand, so let's find someone who can understand!

He didn't say to find some accountant to see, but he found the legendary economic powerhouse - Wu Jinglian!Mr. Wu himself is also one of the great powers in China's economy and one of the think tanks of the central government.As early as the 80s, this old man wrote the "Overall Design of China's Economic Reform" and wrote this book with him. Among them was one of his apprentices, and his apprentice later became an executive of the central bank. Long, this person's name is Zou Xiaochuan.

Jia Hongjian called the old man, and when the old man heard what Jia Hongjian said, he immediately became interested.Then Jia Hongjian and the others sent a special plane to the capital to pick up the old man. When the old man arrived in Shanghai, he didn't rest at all. letter.The old man studied it all afternoon and didn't even eat dinner!When it was meal time, the old man was busy with his work, and he didn't go to eat. In the end, Jia Hongjian brought all the food over, and the old man took two mouthfuls to show off his face, but it took more than ten minutes to watch every bite. The ingredients, after eating two bites in total, the old man thought it was cold so he stopped eating!

This incident made Jia Hongjian very embarrassed, but before he could hurry up to care about the old man and force the old man to finish his meal, the old man suddenly raised his head and said, "Hey! , It’s just a casino! There’s no financing function at all, it’s all speculation! No, it’s not even speculation, it’s all cheating! Some people can read other people’s cards, cheat, and even be above board It's a high fraud! This fund is also completely ruined! Every one of them is not a good thing!"

When he heard this, Jia Hongjian hurriedly asked: "Old man, what do you mean... Da Zhao's thing is okay?" "No problem? There is a problem! He revealed a big problem! His analysis report In it, in fact, it also implicitly revealed that not only the fund, which is almost an intermediary institution, has problems, but also some insiders of listed companies have problems, that is, those people who have inside information, and even the providers of funds. Even the banks may have problems! It is an exaggeration to say that a one-stop interest group has gradually formed in the Chinese stock market. It’s all problematic, and other people may be intentionally or unintentionally cooperating with the hype!”

At this moment, Jia Hongjian was taken aback. He really didn't know that such a document could reveal so many problems... After thinking about this, he called Boss Zhu without saying a word.After Boss Zhu answered the phone, he first told Boss Zhu about the general situation, then asked Mr. Wu Jinglian to tell Boss Zhu what he found, and finally, Jia Hongjian answered the phone again, "Boss... Can this discovery be broadcast on our station? Will it affect the stable situation a bit?"

"Affecting the stable form? Is there still a stable form now? How can there be any stability in this situation after being brought up by these guys? You broadcast it, even if it is thin! If you don't let some sunlight in, they will definitely fish in troubled waters. Is this mess of a situation covered up? Expose it as soon as possible! By the way, Hung-chien, it is not convenient for the central government to come forward in this matter. These moths are crying out for injustice!"

Shit, is Boss Zhu ready to call for help?Ready to fish?Now that the top side has nodded, what else does Jia Hongjian have to say?Just let it go!So within a few days, China Satellite TV hurriedly produced a special program of "News Investigation", and then released it directly on Sunday.In this special program, Huaxia Satellite TV can be said to have directly named the names of the Sega Fund Management Companies - Bosera, Huaan, Harvest, Nanfang, Huaxia, Changsheng, Penghua, Cathay Pacific, Dacheng and Fuguo!

In this episode of the program, China Satellite TV quoted Da Zhao's analysis process, data and results, and directly named and criticized ten fund companies in the market for having problems, and all of them had big problems!Just say that they are suspected of violating regulations and illegal operations!After such a special program came out, the whole country immediately became excited!You must know that the China Securities Regulatory Commission also said a few days ago that fund companies are the hope of mankind. It seems that China's future depends on fund companies.As a result, China Satellite TV has now come out and made a special program, saying that all fund companies are actually operating in violation of regulations and laws?Who the hell is right?If China Satellite TV is right, then there are no good birds in the Chinese stock market?Only one good person is gone?

And when everyone was half-believing and wondering whether they should trust Huaxia Hi-Tech this time, the ten fund companies reacted strongly. They even joined forces and held a press conference the next day, announcing that they would sue Huaxia Satellite TV for infringement. Reputation! (To be continued..)