Chapter 1117 Analysis of the Situation

"That's right. I have three listed companies under my name, but the current situation is very bad. Is there some accident in the stock market that is not due to market and policy factors?"

Meng Shanling's questions made Li Jin smile bitterly.

This is not the first call he has received asking about the situation or asking for help.

I didn't know any of these people except Meng Shanling, but they all had great powers to find his phone number. There was even a securities company boss who persuaded a vice president under him to come and intercede.

Can Li Jin help? Obviously not.

It’s not that I can’t help, it’s that I can’t help.

This wave of stock market crash is about to happen, and tens of millions of domestic companies will be affected. Although they can help this one, they cannot help that one. Li Jin is not a god, and he has no way to generate money. He cannot help everyone.

But if you refuse, you can't say it too harshly.

The boss who came to ask for help naturally didn't dare to say anything, but it would somewhat make it difficult for the vice president who came to sell face to get off the stage. After all, Li Jin had to think more.

China is a human society, which is most vividly reflected at times like this.

"Yes, Wall Street capital has brought 1300 billion US dollars to attack the domestic stock market. Now is just the beginning. The situation will become more and more serious in the future, and more and more listed companies will suffer, until it radiates to the real industrial chain. What will then suffer is the social and economic functioning of the entire country."

Li Jin's words made Meng Shanling silent for a moment.

"Is it because of the Americans' revenge?"

Li Jin nodded and said, "Yes."

"Okay, I understand."

Meng Shanling didn't ask Li Jin to help him, which actually made Li Jin feel a little sorry.

After all, Meng Yehe is now considered his subordinate. There are some cases where Li Jin is willing to break the rules without looking at the monk's face.

"If you need help from Jinqing Capital, I will find a way to help you pass the suspension application. The time can be extended as much as possible. In terms of funds, if the amount is not particularly large, I can also dismantle part of it." Li Jin took the initiative.

These words made Meng Shanling laugh.

"You think I'm here to ask for help, right?"

Li Jin didn't say anything, which was considered acquiescence.

"I don't know much about finance, but I also understand that the current situation is very critical. This is the general trend. There is nothing I, or even you, can do to change it. Things on your side should be more complicated than mine. It's much more complicated, so you don't need to worry about this little thing."

"Master Meng, you are so polite. You gave me that small courtyard before, but I haven't repaid you properly yet. I should."

"It's rare that you still remember it, so let's do this for now and I won't disturb you anymore."

"Okay, I will take Ye He over to have tea with you another day."

"Welcome."

Li Jin hurriedly hung up the phone because at this time, the China Securities Regulatory Commission issued an emergency notice in the face of an imminent stock market crash.

"Several Notices on Standardizing the Domestic Stock Market."

Li Jin's review of the entire notice showed that it mainly strengthened supervision and the authority of the China Securities Regulatory Commission, and also punished more than a dozen listed companies and individuals for illegal operations.

But the most important part of this announcement is the content in the second half.

"Accelerate the pace of listing of large state-owned enterprises such as Sinopec, China National Petroleum and China Mobile, ensure the stable listing of state-owned enterprises, and stipulate that any state-owned enterprise listing must distribute no less than 15% of the total equity shares to the market, so that enterprises owned by the whole people can truly benefit the whole people... "

Looking at this announcement, Li Jin couldn't help but sigh at the great influence of butterfly wings.

The impact of this announcement is very large.

Because of China's special national conditions, before the rise of super private companies like Ali and Teng Xun, all Chinese people knew that the truly powerful and profitable companies were the large state-owned enterprises.

Therefore, the listing of such a large state-owned enterprise with a legal industry monopoly and the commitment to distribute at least 15% of the total equity shares to the market is a huge benefit to the domestic market.

And the market's reaction is the most real.

After the announcement, the entire A-share market, which was in a miserable green state, instantly recovered, and a large amount of private capital began to pour into the stock market.

Energy, represented by Sinopec and China National Petroleum Corporation, and communications, represented by China Mobile, were the first to turn green and red.

"Although Wall Street capital has a huge amount of funds, its power is too dispersed. They intend to bring down the A-share market on the first day, so they carry out an all-round attack."

"Spurred by the positive effects of the listing of state-owned enterprises, the energy and communications sectors have become the best places for hedging funds in the entire market."

"So, the power that broke out from these two sectors was so powerful that the entire market stopped falling."

Wei Yan sat next to Li Jin, analyzing the current situation in his eyes like a treasure trove.