MTL - Comeback 1992-Chapter 1159

  Chapter 1159

  After the Lantern Festival, the first meeting Han Songlin attended was the annual meeting of the Jiuding Chamber of Commerce.

   This year's Jiuding Annual Conference was held in Jiangcheng.

  As the largest chamber of commerce in China, members of Jiuding Club include private enterprise owners, financial industry elites, and leaders from all walks of life.

  Jiuding Club is named after Jiuding, which itself represents an attitude.

   This year's Jiuding Annual Meeting has a very important topic, the current stock market.

  The stock market fell a few years ago.

  This is true and normal.

  Because a lot of funds will be withdrawn from the stock market before the year, and then re-entered after the year.

  After the market reopened after the year, the domestic stock market has gone up quite wildly.

   At every turn, the whole line immediately became popular, and popular stocks directly rose by the limit.

   Directly conveyed a signal to people: the bull market has not gone far, everyone can enter the market with confidence.

  Han Songlin did not give any speeches at the Jiuding Conference.

  In the past, Han Songlin liked to talk about everything, but now Han Songlin doesn't like to express his opinions on the economy.

  What should be said, Han Songlin has already said almost.

  The current general trend is that the entire country's industry needs to be upgraded, from low-end industries to mid-to-high-end industries.

  Enterprises must also keep up with the situation. If they cannot keep up, they are doomed to be eliminated.

  Han Songlin and Dong Wenbiao sat together and had a chat.

  Dong Wenbiao has served as the president for more than ten years.

  The past decade or so has been a period of great momentum for the People's Bank of China.

  People's Bank has developed from a small bank to the top five banks in the country.

  Net profit ranks second in the industry.

  "The older generation of entrepreneurs is getting old, and many companies are now facing the problem of successors."

  Dong Wenbiao couldn't help raising his eyebrows. As a man born in the past five years, he will soon turn sixty now.

   As for retirement or something?

  Although Dong Wenbiao felt that he could continue to work for a long time, he still had to consider the issue of the successor of People's Bank.

  People's Bank is Dong Wenbiao's painstaking effort.

   "There are also quite a few companies that are not suitable for the new era and will inevitably be eliminated. People's Bank must resolutely abandon some companies that are not suitable for the era."

  Dong Wenbiao nodded lightly: "In this regard, we will strengthen risk control."

  People's Bank has three major businesses: corporate loans, housing loans and personal consumption loans.

   Among them, the growth rate of personal consumption loans is particularly fast.

   Directly under the big data, the People's Bank uses data to select suitable borrowers.

   Borrow in seconds!

  The more creditworthy the person is, the lower the loan interest will be given by the People's Bank of China.

  Liu Yonghao came over and sat down: "What are you talking about?"

  Han Songlin said with a smile: "Say, this year, we will reduce the loan to your business."

"do not!"

  Liu Yonghao knew that Han Songlin was joking!

   Over the years, New Hope has received a large amount of financial support from People's Bank.

  Combined with Liu Yonghao, a powerful manager, the development speed of New Hope is quite fast.

   Last year, it entered the list of the world's top 500 companies.

  Huaguo's companies have entered the list of the world's top 500 companies, and now they are starting to become more and more.

   This is also a manifestation of the improvement of national strength.

  The competition at this time is mostly displayed by the way of enterprise competition.

  Hitting the development of core enterprises is actually hitting the development of a country.

   "You are investing too much in real estate now. The adverse impact of the real estate industry on the national economy is constantly emerging, and this situation must be changed in the future."

   "The real estate industry is not easy to do now!"

  “When the stock market rises, the real estate industry will definitely fail.”

  Money is flowing into the stock market, so how about buying a house if you have the money!

  New Hope also involves finance, and now Liu Yonghao's main energy is in finance.

  Purely engaged in business, the money comes too slowly.

  This is something everyone knows.

  Finance comes in quickly, and you can easily make a lot of money, especially in a bull market.

  The speed of making money is about the same as robbing a bank.

  Liu Yonghao knows how to increase his wealth.

   "Han Dong, how long can this year's bull market last?"

  Han Songlin took a deep look at Liu Yonghao, and he didn't mind revealing some information to Liu Yonghao.

   After pondering for a while, Han Songlin said: "There must be no problems in the first half of the year."

   Han Songlin really forgot when the bull market ended.

  Anyway, Han Songlin knows that the direct reason for the end of the bull market this time is that the rise is too crazy.

  In the whole society, a large amount of funds flowed into the stock market, and special bank funds also flowed into the stock market.

   Directly blowing out a huge bubble in the stock market.

   Directly investigate the allocation of funds, especially those that violate the regulations, and the entire bubble suddenly becomes fragmented.

  Speaking, Han Songlin looked at Dong Wenbiao: "People's Bank must prevent funds from flowing into the stock market."

  Dong Wenbiao naturally knows that in the financial market, the risk is too great.

"Yes, I know."

  The bull market is coming to an end soon, and the People's Bank will have to conduct a review of those equity pledges.

  Stocks, in theory, have a strong liquidity.

   But once the limit is met, there is no way to trade directly.

   If the limit falls continuously, it will be very troublesome.

  Since the Jiuding Meeting is held in Jiangcheng, the leaders of Jiangcheng will not miss this opportunity.

   After all, the people who came to participate in the Jiuding Conference included many private enterprise owners in China.

  Jiangcheng has developed quite fast in recent years, and it is a new hot spot for investment.

  Han Songlin visited the Jiangcheng branch of Xingchen Academy.

  There are quite a few excellent domestic colleges and universities here in Jiangcheng, so the Star Academy naturally set up a branch here.

  Jiangcheng branch covers an extremely large area, and cooperates with major universities in Jiangzhong.

  In addition to visiting Xingchen Academy, I also went to Jiangcheng Hongxing Middle School and Xinghai Hospital.

   Han Songlin didn't go to see Furui Automobile's production base in Jiangcheng.

   There is no need to look.

  Furui Automobile has established several production bases in China to meet the needs of the domestic auto market.

  After staying in Jiangcheng for almost a week, Han Songlin took a passenger ship on the Yangtze River to Yuzhou.

   I got off the ship directly in Chang'an District, and went to Xinghai Special Steel to have a look.

  At this time, the domestic steel market still hasn't recovered, the demand for steel is sluggish, and the price is at the bottom.

  Industry losses have become the norm, and the life of steel companies has become difficult.

   As far as Xinghai Special Steel is concerned, life is not bad.

   Losses are naturally not losses.

  In itself, the products produced by Xinghai Special Steel are high value-added products, which implement differentiated competition.

  The profit of Xinghai Special Steel has also remained quite stable.

   Xinghai Special Steel has never said anything about expanding production capacity in recent years.

  It is to continuously optimize and improve production technology and launch better products.

  (end of this chapter)