Rebirth: The Financial Giant

Chapter 638: 【Franchise Operation Qualification】

In the last 15 minutes of the late trading, Muyuan shares, Xinxiwang, Zhongxing Communication and other white horse blue-chip large-cap stocks that were smashed by votes all rebounded.

However, only the Wen-style shares, the first share of pork, suffered two consecutive downturns, and the coffin was pressed to death, because even a fund manager of Tiansheng Fund was running away, and this vote does not belong to now. A constituent stock of the Tiansheng Shenzhen 100 Index.

Unsurprisingly, Wen-style shares, which were abandoned by the super main force, briefly shot up to a price of 45.55 yuan in early trading yesterday, which cannot be surpassed in the next few years.

...

Not long after the market closed, Lao Yang's WeChat group was conducting today's review analysis. This small group of people currently holds the stock of Tiansheng Holdings. The funds evacuated before have not yet entered the market, and all of them have been repurchased. on.

Their next key goal is to subscribe for the listing of Tianchi Technology on the Science and Technology Innovation Board. As for the current wait and see, the current round of hot spring market has earned enough. Although there are some short-term opportunities during the intraday, they have not taken any shots.

However, after the end of each trading day, the resumption of trading has not fallen.

Lao Yang: "Today's market fluctuated and fell, falling below 3,000 points, in a 4-wave adjustment, in line with expectations. The Shanghai Index closed down -1.20%, the Shenzhen Component Index closed down -1.82%, and the ChiNext Index closed down -2.58%. The daily line of the Shanghai Index closed a mid-yin line today, and the upper and lower shadow lines are long."

Lao Yang: "In terms of sectors, except for the concept of liquor that stands out, other sectors have been adjusted across the board. In the early stage, the agriculture, forestry, animal husbandry and fishery sector and the technology sector suffered the largest declines. The securities companies and real estate in the weighted sectors all fell by more than 2 points. Don't look at the stock king. Continuing to rebound and close in the red today, it shows that other securities companies have fallen miserably."

Lao Yang: "But generally speaking, today's trend is a second step back adjustment. It was also said in the analysis a few days ago that the current position decline is a healthier trend. If you continue to attack, then the end of this market will be close to the end. Not far, only after a sufficient 4-wave adjustment can the 5-wave uptrend be expected.”

Lao Yang: "Today, the intraday index fell to the low point of the big Yinxian on March 8, but the 30-minute and 60-minute K-line of the Shanghai index has not been repaired, but in the last ten or twenty minutes of the late trading, the two days were The large-cap stocks that have been smashed have signs of the main capital entering the market, and some people suspect that the first brother is entering the market to undertake it, so there is a possibility."

Lao Yang: "As for the operation, I still advocate not chasing the uptrend, buying at the negative line, testing the support level in the broader market, and entering the market in batches. Of course, we must pay attention to the target of the supplementary variety in advance and track it during the intraday."

...

At about 17:00 in the afternoon, Lu Ming, who was working in Tiansheng Capital, received the latest news from Director Zhang Zhihui, about the latest progress in Science and People's Livelihood Fund.

Relevant parties finally gave a plan for Lu Ming to package the entire foundation and hand it over to the state, or to say the result.

When Lu Ming received the news, he temporarily put down his work and left the headquarters of Tiansheng Capital. Half an hour later, he appeared at the headquarters of the Science and People's Livelihood Foundation, and hosted a temporary meeting to discuss the matter.

"Qualification for franchise operation?"

Lou Yiyun, the secretary general who attended the meeting, looked at Lu Ming in surprise. Several other council members had almost the same reaction, but one of the council members said, "It means that the relevant parties do not intend to incorporate the foundation. , don't take this one?"

The Science and People's Livelihood Foundation, a non-profit organization, is really difficult to incorporate even by the state. It has been researched internally for a long time, but in the end it can't solve the funding problem, the expenditure cannot be guaranteed, and Lu Ming cannot be forced to provide stable blood transfusions to the Foundation every year. financial support.

The foundation's expenditure is huge. The current annual budget expenditure is more than 200 billion. The key is that the economic situation this year is not optimistic, and there is already an expectation of economic downturn.

If the foundation is incorporated at this time, Lu Ming can't guarantee the stable support of funds, and it will become a hot potato. Such a huge budget can no longer be included in the original financial expenditure of the country. Where will the money come from?

This is a big problem!

After a while, Lu Ming, who was present at the meeting, said with a smile: "How do you say it, the relevant parties have given such a plan, this one has been accepted, but not fully accepted. The charter qualification is equivalent to the state's endorsement of the foundation."

Everyone couldn't help but look at each other, and gradually understood.

The state could not expressly refuse Lu Ming's initiative to package and hand it over to the foundation, but it could not be included in a simple and direct way, so such a chartered qualification was created.

In this way, the relevant parties do not need to send official personnel to parachute down. The Science and People's Livelihood Foundation has not changed in fact. It is still operated and managed by you Lu Ming, so there is no reason to go to the state for such matters as budgeting. Finance asks for money, and your own children will pay for milk powder.

On the surface, it is an additional title of franchise qualification, but the meaning is completely different.

Relevant parties have given the Science and People's Livelihood Fund this kind of franchise operation qualification, which shows that the huge distribution rights held by the foundation are conferred by the state, rather than the loss of state rights to private hands.

Since it can be given, then of course it can be taken back.

The license is valid for a period of three years. After the expiry date, it can be renewed or not.

At this time, Lou Yiyun, who was present at the meeting, couldn't help sighing: "This strategy of the upper management is still brilliant."

Lu Ming couldn't help laughing: "It's good, if the state endorses the foundation, then we can boldly carry out related work in the fields of medical care and education. With this charter qualification and state endorsement, it is in nature the same as private capital. Distinguish and draw the line.”

Medical care and education are also areas that are related to people's livelihood, but Lu Ming did not allow the foundation to grant funding in these two areas before, because when he was interviewed by the media, he made it clear that he did not support private institutions, especially private capital. In the two major fields, naturally you can't slap yourself in the face.

As for the validity period of the franchise qualification, it is only valid for three years. Lu Ming doesn't care about three years or a few years~www.novelmt.com~ When it expires, you can apply for renewal. If it is not renewed, then package the foundation. Submit to the country for re-submission, accept or not accept? The problem is back, nothing more than repeating a process.

The fundamental reason is that Lu Ming sincerely wants to do something for the people's livelihood and the general public. He has no self-interest in it, so he is open and honest, and the country really wants to be included at any time, but now the relevant parties don't want to take it. .

If it is included, the Foundation should do it well, but if it is messed up, it will be a huge burden, and of course it is unwilling to accept it.

The annual budget of an organization of the Science and People's Livelihood Fund is larger than the sum of the entire domestic charitable and public welfare undertakings. It is precisely because of this that Lu Ming has to hand it over to the state. Because of its increasing influence, there has never been such a case before. Yes, and there is really no experience to refer to, and now it can only be a special case, crossing the river by feeling the stones.

But for Lu Ming, since the foundation has this charter qualification, no one can say that this is a loss of state power, because this book is the wealth distribution granted by the state franchise to the Science and People's Livelihood Foundation. No one can put the hat on Lu Ming's head indiscriminately.

...

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