A joke circulated during this period: a company representative called the headquarters and asked to find a way to raise funds as much as possible. Taking advantage of the surge in government bonds, he invested another 10 million yuan. An hour later, the representative called back to the headquarters and said to the boss: There is no need to raise the 10 million yuan, I have already made it out just now.

This joke perfectly interprets the brutality of the 327 NTD case.

The media across the country are hotly discussing this matter, with messy arguments everywhere, and the most topic is the discussion of those super profiteers.

Even the Financial Times said: "This is the darkest day in the history of mainland Chinese securities."

It's a dark day. It's not dawn now. Everyone is doing things randomly, and even the securities trading system is not sound.

The same thing: Cross the river by feeling the stones!

After all, it has been less than two years since the introduction of treasury bond futures, and it was approved by the local government and has nothing to do with the central government. No one understands the difference between China and the West, nor is it clear about the risks of financial futures, so it is naturally unable to effectively regulate it. At this time, not only is the futures margin ratio 2.5%, but it is also a static margin system and there is no rise and fall system. The accumulated risks of the three are difficult to estimate, and the exchange can do nothing if it wants to manage.

If supervision is strengthened from the beginning, adopt a floating margin system, or increase the margin ratio, or implement a daily limit system, and do anything, the 327 treasury bonds will not be speculated so evilly.

The 327 Treasury Bond Case taught the Chinese people a lesson, and also accelerated the construction of China's securities trading system. From then on, there were no financial derivatives in the Chinese securities market. Some people later said that perhaps it was because of the 327 Treasury Bond Case that the government completely banned financial futures that China was lucky enough to avoid the global financial crisis in 2008.

Right and wrong are hard to explain in detail.

...

Song Weiyang, who made more than 20 million yuan, first bought himself a mobile phone.

Nokia 2110 was trial operation in Beijing in October last year. At the beginning of this year, GSM network was launched in Guangdong Province, followed by coastal areas such as Zhejiang Province, Fujian Province, and Jiangsu Province.

At this time, the postal and telecommunications were not separated. Nokia mobile phones were sold exclusively by the Post and Telecommunications Bureau, and each one was sold at 9,800 yuan, which was far lower than the price of Big Brothers. Once the mobile phone was released, Big Brothers should reduce the price.

Unfortunately, Nokia's core function is "smashing walnuts", but now it is not as good as the big brother.

"Your mobile phone is so beautiful, small and easy to use." Zheng Xuehong was envious of her phone.

Song Weiyang smiled and said, "If you like it, buy it."

Zheng Xuehong said speechlessly: "What did I buy and make? I asked at the Post and Telecommunications Bureau just now. Xikang Province has not opened the Chicken Feather Network, and you can't make a phone call if you buy it."

"It's the gsm network, not the chicken feather network." Chen Tao smiled and corrected.

"Yes, yes, yes," Zheng Xuehong played with her mobile phone and couldn't let it go. "This time I followed Dr. Ma, Lao Zheng also made a small amount of 200,000 yuan. I plan to buy a car and drive it back. It's so scary to do futures. I won't touch it again if I beat you to death in this life."

Song Weiyang said: "I should think so."

Chen Tao smiled and said, "Dr. Ma will buy it again, and I will buy it with him."

"Let's talk about it, I'll make some pocket money this time." Song Weiyang did not show off. He was determined to make money and could raise 100 million yuan to speculate in futures. Of course, it would completely offend Yang Xin, and even Chen Tao and Zheng Xuehong would be unhappy. After all, the company was not his own.

"You have so much pocket money." Chen Tao complained.

Song Weiyang smiled and said, "You have a lot of pocket money now, and you have made 100,000 yuan at once."

"By the way, didn't you let me learn brand decision-making and public relations courses? I plan to go to a correspondence course in college. Is it easy to take the Fudan correspondence course?" Chen Tao asked.

"I'll ask you. With your level, it will be easy to study in the Fudan correspondence course class." Song Weiyang said.

China's higher correspondence education was almost restored with the college entrance examination and developed wildly throughout the 1980s. Many people who were unable to get into college competed to choose correspondence education, resulting in a variety of correspondence classes, random school running, random charges, and random payment of diplomas became the three correspondence education chaos. By the end of the 1980s, it was even at the point of issuing correspondence diplomas as soon as they paid.

Therefore, the Ministry of Education began to rectify, and correspondence education became more and more formal. Nowadays, most people really can't get into the correspondence classes in Fudan.

Chen Tao smiled and said, "When I finish the correspondence course, I will try to take the graduate student in Fudan. Maybe we will still be alumni by then."

"You can do it." Song Weiyang encouraged.

Zheng Xuehong sighed: "You smart people have a future. I have never been a good source of study since I was a child."

Song Weiyang said: "Lao Zheng, you are in charge of personnel now. The company is getting bigger and bigger, and the work will definitely become more and more difficult. I have someone buy some human resources books from abroad, and you can read them if you have nothing to do. It will be beneficial."

"Don't," Zheng Xuehong smiled, "If you really buy a few bundles of books, I will definitely tie them up as barbells."

"Hahaha," Song Weiyang couldn't help laughing, "Then you're in trouble. I'm serious. When the company grows bigger, I may recruit some international students majoring in human resources. Then you should be careful not to get stolen from your job."

"Then I will be a shareholder honestly." Zheng Xuehong said casually, but in fact he was under a lot of pressure, so he still planned to take the time to learn something.

Chen Tao seemed to see Zheng Xuehong's thoughts, and raised her glass and said, "Come on, have a drink and celebrate our making a lot of money!"

"Cheers, cheers!" Zheng Xuehong said with a smile.

At noon that day, Zheng Xuehong and Chen Tao were drunk. Song Weiyang was a little more awake, took a taxi to take them to the hotel, and then took a bus back to school by himself.

He smelled of alcohol and definitely couldn't go to class anymore. Song Weiyang was too lazy to take a shower and lay down in bed to sober up and went to bed.

I don’t know how long it took, Zhou Zhengyu suddenly pushed the door and came in. When he saw Song Weiyang on the bed, he immediately smiled and said, “Old Song, you are dead. You skipped classes in a row these days and have been remembered by four professors!”

"Let's talk about it after failing the exam." Song Weiyang's eyes didn't open and he replied in a daze.

Zhou Zhengyu suddenly scanned the mobile phone that had slipped out of Song Weiyang's pocket, picked it up and asked, "What is this? Is it a mobile phone?"

"Mobile phone." Song Weiyang rubbed his eyes and started to do it.

Zhou Zhengyu tried to call his elder brother, and the ringtone rang soon. He said in surprise: "How much does this phone cost?"

"9800." Song Weiyang got up and found a change of clothes and prepared to take a shower.

"It's too cheap, and it's more convenient than the elder brother," Zhou Zhengyu said immediately, "I'm going to sell my elder brother to buy one like you...what is it called?"

"Nokia 2110." Song Weiyang said.

Zhou Zhengyu repeatedly appreciated with his mobile phone, and the more he looked at it, the more he liked it, and he wanted to get one right away. Actually, Nokia has just launched it, and Zhou Zhengyu sold his 80% new brother, and maybe he could buy two brand new Nokias.

Absolutely earned.

Song Weiyang had just picked up the basin and mouthwash cup when he suddenly heard Li Yaolin shouting downstairs: "Old Song, come down quickly, otherwise your teacher Lin will go upstairs to collect his homework!"

"Hahahaha!" Wang Bo laughed downstairs.
Chapter completed!