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Chapter 148 The stock market bubble

(Bow thanks for the monthly ticket support for "Impression of Unrequited Love"!)

At nine o'clock in the morning, an Audi car drove into the municipal government compound in Nanjiang and parked the car. Zhou Ming walked out of the car, then walked straight into the municipal government building and went directly to Mayor Chen Yunfei's office.

Seeing Zhou Ming coming in, Chen Yunfei waved to him quickly: "Zhou Ming, you are here, come here, this Nanjiang Securities News says that our Nanjiang stock market has an underground black market, and the market value of the stocks circulating on the black market is higher than that of securities companies. Is this true?"

Zhou Ming has become accustomed to this picture, because since the outbreak of the stock market craze in Nanjiang, he has been here almost every day to accept Mayor Chen’s advice on the stock market. Even if there is a securities newspaper, Chen Yunfei still wants to listen to Zhou Ming’s ideas more, so that he can’t help but honestly fulfill his responsibilities as a development consultant.

Zhou Ming nodded and said, "Yes, Mayor Chen, but I think the black market is inevitable. After all, there are many transactions that cannot be placed on the table. Moreover, our securities market construction is still very imperfect, and everyone does not have enough understanding of stocks. Many people only know that stocks can make money, but they don't understand why stocks make money, and they don't understand what the mechanism of stocks is. In this way, it is easy to give some criminals an opportunity to take advantage of it."

Zhou Ming sighed at this point: "Many people take advantage of the mentality of people who don't understand stocks, many people who cannot buy stocks but are eager to make money, sell stocks at prices higher than securities companies, and even sell fake stocks, which has a black market."

"The black market is not protected by law and will also lead to many illegal and criminal incidents. This thing must not be condoned." Chen Yunfei said seriously, "Zhou Ming, do you have any good solutions to this black market?"

Zhou Ming spread his hands: "Mayor Chen, this is not my problem. It can only be that you ask the relevant departments of the municipal government to increase the crackdown and strengthen the publicity and education of ordinary people on securities."

Zhou Ming thought about it for an example and said: "Mayor Chen can ask the municipal government to pay for the Nanjiang Securities Newspaper to print a lot of newspapers and leaflets about securities knowledge, and then send people to distribute them on the streets."

Chen Yunfei glared at Zhou Ming and said unhappily: "You are really a capitalist. You never forget to make money. Even such public welfare activities are going to be snatched from the government?"

Zhou Ming laughed. Chen Yunfei would scold him because the Nanjiang Securities News that Zhou Ming mentioned was run by Zhou Ming.

Speaking of the Nanjiang Securities News, it is something that Zhou Ming temporarily thought about. After all, Zhou Ming is a reborn person but is not a god. He cannot think of everything. At first, Zhou Ming thought of the popularity of the Nanjiang stock market, but forgot about the securities media. Later, when he saw so many investors crowded at the door of securities companies to watch the market in the early morning every day, he suddenly remembered this point of the securities newspaper.

So, Zhou Ming discussed with Du Peng to set up a securities newspaper. Although this was a temporary idea, Zhou Ming also took a good attitude. Whether it was typesetting or management channels in the newspaper, it was shared with Nanjiang Newspaper. The reporter also asked Lin Muqing to help poach it from Hong Kong Island Finance.

Of course, it is more convenient to find Shen Xin for reporters, but Zhou Ming really couldn't think of how to deal with this female reporter who had an ambiguous relationship with him, so he had to let Lin Muqing do it for him.

In this way, taking advantage of the stock crazy craze, Nanjiang Securities News, as the only professional securities newspaper, suddenly became a brand. It can be said that there are hundreds of thousands of Nanjiang stockholders who don’t know Nanjiang Securities News.

"Zhou Ming, you have made a lot of money in the stock market and in the securities newspapers. Don't think about this money!" Chen Yunfei said.

"Mayor Chen, you can't do this! My money is earned reasonably and legally with my hard work, and it is not stolen or robbed. You can't exploit people like this!"

Zhou Ming called out, but Chen Yunfei didn't care at all, just a lie about it, "I don't care, you can do it." Zhou Ming had no choice but to say: "Mayor Chen, why not do that? The securities company has made a lot of money through trading commissions and account opening fees. Moreover, as the only legal securities trading institution in Nanjiang, the securities company has an obligation to promote shareholders."

Chen Yunfei waved his hand and said, "Whatever you do, as long as I don't let me pay."

OK! He, the mayor, is unwilling to pay for the city government affairs, so Zhou Ming was helpless about it.

Chen Yunfei thought of something and asked Zhou Ming: "By the way, I read the comments in this newspaper that every stock in a securities company has grown too fast, which is not a normal phenomenon. What does this mean?"

"This is a typical bubble economy." Zhou Ming said, "Simply put, the real value of these stocks listed in securities companies is not that high. It is just that due to the current trading system and the fact that our securities market is just starting out, many people don't understand at all and are following the trend to buy, which leads to the stock price being raised very high."

As the mayor of Nanjiang Special Zone, Chen Yunfei is definitely not ignorant of the economy. After hearing Zhou Ming's explanation, he immediately frowned: "If this is the case, it is not good news. Once this bubble is burst, it will easily cause panic."

"Mayor Chen, you don't have to worry about this at all. I already have a solution." Zhou Ming said.

"You have a solution?"

Chen Yunfei stared at Zhou Ming with wide eyes, looking incredible, because even Western countries with very mature market economy are helpless about the bubble economy. Why does Zhou Ming have a way? But looking at Zhou Ming's expression, he seems to be really confident.

Chen Yunfei didn't understand where Zhou Ming's confidence came from, and Zhou Ming didn't explain much. Then Chen Yunfei asked Zhou Ming some questions, and Zhou Ming left Chen Yunfei's office.

After leaving the municipal government, Zhou Ming drove to the Entry and Exit Management Office to pick Tang Ran up for lunch.

Zhou Ming and Tang Ran came to the Dongmen Hotel. Du Peng had already opened a private room here. When he walked into the private room, Tang Ran took out a Nanjiang Securities News and threw it in front of Du Peng to ask him for guilt and said, "Mr. Du, the newspaper you run is becoming more and more casual. It turns out that there is still some content. You see, there is no useful thing in the whole newspaper."

Faced with Tang Ran's accusations, Du Peng immediately called out: "I said Sister Ranran, what you said is unreasonable! Our Nanjiang securities market has just started now, and there are not even a few real joint-stock companies. How can we report so much news? I have already written a lot of things on the black market here."

Du Peng paused for a moment and continued, "And Zhou Ming is just the boss behind the scenes, and he doesn't want to expose it. There will definitely be no news about him!"

Tang Ran, Xiaoqiong's nose wrinkled: "I don't care. Anyway, Mr. Du, you, the newspaper owner, are just not doing your duty!"

Nanjiang Securities News was created by Zhou Ming and Du Peng, and it is the same as Jinpeng Industrial Co., Ltd. The legal person of this newspaper is Du Peng, and Zhou Ming is just a shareholder hidden behind the scenes.

"Mr. Du, you have to listen to Ranran's words. After all, she also evaluates it from the perspective of a reader," Zhou Ming told Du Peng. "Our newspapers will continue to do it for a long time. Now our newspapers are selling well because we are only one family, and no one competes with us. We must not be proud and complacent. After all, there will always be competition in the future, so we must work hard to improve and make a leading newspaper in securities on this basis!"

Du Peng nodded and said, "Don't worry, Zhou Ming, I know it in my heart, but now our Nanjiang securities market is indeed too few things to do, and it is impossible for us to write too much."

Du Peng was very convinced by Zhou Ming. He could come up with such a profitable idea as a securities newspaper. What Du Peng was most convinced was that Zhou Ming offered the securities newspaper a price of one dollar per serving. This was a very outrageous price in Du Peng's opinion, but the situation later was shocking: almost every morning when the newspaper was delivered to the newsstand, they were snatched by the people waiting here, and there was no supply.

"But Zhou Ming, since our securities newspaper has such good sales, should we increase the printing volume?" Du Peng asked.

Zhou Ming shook his head and said, "No, the professional we sell is not sales. We are building brands. We want readers to feel that it is worth it for them to spend a dollar to buy a newspaper. Even if there is competition in the future, it will not shake our position in Nanjiang securities newspapers."

"Just listen to you. Anyway, the newspapers make a lot of profit every day, it doesn't matter." Du Peng then thought of something and said to Zhou Ming, "But Zhou Ming, when I went to the newspaper this morning, I heard a reporter from Hong Kong City say that our stock market is all bubbles and will collapse soon?"

"Yes, I went to Mayor Chen to talk about this issue in the morning," said Zhou Ming. "The stock price is a bit too high now, completely exceeding the value of the stock itself. It's just that most investors just start to get in touch with stocks and don't understand at all, so the stock price will rise rapidly. As long as there is a little turbulence, our stock price will collapse."

Du Peng has also learned a lot of securities knowledge from Zhou Ming this month. Now, he has become nervous when he hears Zhou Ming say this: "What should we do? We have to withdraw the funds quickly."

Zhou Ming shook his head and said, "You can't do this. We originally started this stock market. We have nearly 10 million yuan in the stock market. This amount of money is an important bargaining chip to support the current bubble. Once it is taken away, the entire stock market will collapse immediately. If the loss-making stock investors make up something at that time, you and I will definitely be caught and questioned."

"What should I do?" Du Peng asked.

"Just find an idiot and ask him to give him ten million to fill it in for us." Zhou Ming said.

This answer made Du Peng stunned at that time. He had thought about what kind of answer Zhou Ming would come up with, but he never thought that Zhou Ming would give such an answer?

Find someone to fill in with 10 million yuan for them? What is the answer? Where can I get such an idiot?
Chapter completed!
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