Rebirth of the World’s Richest Man
Chapter 2380: 5.19 Quotes
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Director Lin talked about the business of looking for Jiang Xiaobai tonight. Actually, it was a business, and it was not an urgent matter. He just had some questions in his heart and wanted to ask Jiang Xiaobai to see if he could have some other answers.
The reason why he is so anxious is because Jiang Xiaobai's whereabouts are uncertain. He hasn't stayed in Shanghai for a few days in the past half a year. Jiang Xiaobai stayed in Shanghai for a few days at the last fortune annual meeting, but he didn't need to stay in Shanghai for those few days. Said he was busy.
Even Jiang Xiaobai was very busy. Although he didn't ask Jiang Xiaobai, he could imagine that as the first private enterprise owner in China to enter the world's top 500.
In that event, how many private companies in the country regarded it as the goal and role model of struggle, it is no wonder that Jiang Xiaobai flew up in a hurry.
As the first domestic private enterprise to enter the world's top 500, the Huaqing Holding Group is different from other domestic companies in the world's top 500.
The other Fortune 500 companies are all state-owned enterprises, such as industry and commerce, or oil.
First of all, this is a state-owned enterprise, and the person in charge of the state-owned enterprise is just a person in charge. It is not the case to say that the development of the enterprise has nothing to do with their leaders.
However, it is nonsense to say that these state-owned enterprises are all the credit of the person in charge when the enterprise has developed to the level of the world's top 500.
They have an innate advantage, not to mention other things, just talk about oil, can this be touched by other private companies? It is simply impossible, and there are banks, which are not accessible to private enterprises.
They have monopoly rights in these profitable industries, which is incomparable to you.
In addition, due to the particularity of these industries, even if you see them communicate, there is no point of reference at all. People say that opening a bank to make money, can you still open a bank?
People say that selling oil makes money, so can you also run the oil business? it's out of the question.
However, the significance of Jiang Xiaobai and Huaqing Holding Group becoming the world's top 500 is different. Jiang Xiaobai is also a private enterprise, and the business he operates is something that everyone can do. It is not a monopoly industry, nor is it a high-tech industry. , which gives everyone a reference.
Everyone thinks that you, Jiang Xiaobai, can do it, so we can do it too. So at that time, the private enterprises that wanted to communicate with Jiang Xiaobai were like crucian carp crossing the river, and there was an endless stream.
At that time, Jiang Xiaobai was so busy, Director Lin would not bother Jiang Xiaobai, of course, he himself was very busy at the time and had no time.
I thought about it, and then I made an appointment with Jiang Xiaobai after the busy period, but Jiang Xiaobai went on a business trip to Xiangjiang again, and now I have to stay for another day when I come back, and I don’t have time later. Just take the time to communicate.
Director Lin slowly expressed his doubts, and there was nothing else, that is, the Shanghai Composite Index in the Shanghai Stock Exchange Shanghai Stock Exchange has risen sharply. It has only been four months since May 19th. The increase in the Shanghai Composite Index All over fifty percent.
Even the day when it started to rise, May 19th, people gave it a name called 5.19 market.
Since May 19th, the Shanghai Composite Index has been rising all the way, and Director Lin felt a little weak in his heart due to the rise.
It's not that he doesn't want the Shanghai Composite Index to rise. As the director of the Shanghai Stock Exchange, he certainly hopes that the stock market in Shanghai will be good and the Shanghai Composite Index will rise. When I understand it, I feel guilty.
In the past, Shanghai’s stock market had been doing badly. Before the formation of the “5.19 market”, only the stocks of Jiahe Company and a few stocks were doing well and could go up. Although the increase was not large, it was still there. Not bad.
However, after the formation of the "5.19 market", the shares of many companies, such as Oriental Pearl TV, Radio and Television, Shensangda, etc., were rising from the ground, and the positive line rose suddenly and very sharply, and it took more than a month to pull it.
This is scary. I have seen a rise, but I have never seen such a rise. In this case, the "5.19 market" is called this way, it is really true, there is no exaggeration , It is really very scary.
But in fact, at this time, the domestic economy, if you say that it is developing well, it can't be said. The key is that the international relationship is very strange.
China has been pursuing accession to the WTO, but needless to say, before the previous "5.19 market", even now it seems that accession to the WTO is nowhere in sight.
What's more, before the "5.19 market", the domestic stock market had been sluggish for more than 700 days. For two years, there was no sign. Even before these 11 days, a diplomatic incident occurred.
At that time, Jiang Xiaobai also asked Jiahe Beverage and Hualian Computer to launch a massive campaign against foreign-funded companies, mainly Citigroup companies, in the domestic market.
But under such circumstances, instead, the domestic stock market has risen.
This is something that makes people wonder. Generally speaking, the capital market has always been a "barometer" of the macro economy. If the economy develops well and performs well in the international arena, then the capital market is optimistic, and the stock market is naturally good. The index is naturally rising all the way.
On the contrary, if a country's economic development is sluggish, or there is any economic crisis, for example, during the financial crisis in Southeast Asia two years ago, the stock markets of various countries fell in a daze. Confused by the fall, Jiang Xiaobai took a lot of effort to pull the Hang Seng Index up.
At that time, the investment funds were calculated in tens of billions of dollars.
In other words, when a war breaks out in a country, capital will also flee, which will also affect a country's stock market.
How to put it, things like capital have always had a very sensitive sense of smell. Once something happens, they run the fastest, and once the country's economy is booming, the capital market will also give feedback.
How to put it, the capital market can best reflect whether a country's macroeconomic development is good or not, so the feedback from the capital market can also be regarded as a "barometer" of how fast a country's economy is developing.
However, the domestic economic development, the "barometer" in the capital market, has problems. Obviously affected by the financial crisis in the southeast, the domestic economy is also sluggish.
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