Chapter 1134: When the rope around the neck is getting tighter

Xuefu Lane has always been the area with the strongest commercial atmosphere in Yangui Lake. However, it is hard for students who enrolled in nearby universities to imagine the dilapidation and desolation that Xuefu Lane had hidden after the prosperous surface. At this time, the main street of Xuefu Lane was a boulevard that combines duplex streets and alleys of about 500 meters. It has the liveliness and hustle and bustle of the prosperous commercial district, and it also has the leisure to cover the shade of dense sycamore trees. Antique wind-powered street lights, wind leaves towering out at the top, and lamps are hidden in the dense forests, bringing rich changes of light and shadow to the blocks, and it has also become a scene worth boasting of Xuefu Lane. Even the newspaper booths at the middle and ends of the streets are full of artistic sense.

In March, the trees are blooming with new leaves, birds are singing and flowers are fragrant. At the south end of the alley is the open English lawn of the Oak Garden. The flat lawn is covered with green trees. At dusk at night, the street lights are on, and there are many pedestrians in Xuefu Lane. You can see many youthful, beautiful, graceful and charming student girls walking through it. For some people, this is the most charming scenery here.

It was late at dusk when it was idle, Zhang Ke, Du Fei, Shi Xuebin and others also liked to choose a restaurant with bright windows and clean windows. They sat in the seat next to the window, watching the beautiful and delicate and charming girl walking by the street.

In the afternoon, I saw Chen Yong Yao and Wu Wei drive a new Audi sedan and shuttle through the streets and alleys of Xuefu Lane. At this time, I saw Chen Yong accompanying Hu Jinxing and others to appear across the street outside the restaurant, standing around and talking, as if discussing which restaurant to choose to eat for the meal. There were also several beautiful girls standing among them, looking at the scenery and pedestrians on the street with a proud look. I thought they would leave, but I didn't expect that they disappeared at the window for a while and walked up from the stairs. They saw Zhang Ke, Du Fei and others sitting inside, and were a little stunned. They stood at the stairs and looked for a while. There were many seats on their left hand side of Zhang Ke and the others on their left, and they walked there without too many expressions on their faces.

There are only a few high-end restaurants in Xuefu Lane. Du Fei and Shi Xuebin are regular customers. When they meet Hu Jinxing and Chen Yong and others do not go away once or twice, they will not deliberately avoid it. Besides, after Haisu Technology acquired Chuangyu's chain Internet cafe business, the conflict between the two sides has at least eased openly.

"Who is that person?" Zhang Ke saw the young man who followed Hu Jinxing upstairs, who was older than Hu Jinxing and the others. He was gentle and elegant, wearing a gold-broken hat and glasses. After he went upstairs, he nodded to Du Fei and the others to signal.

"A manager of Yuanjiang Securities has been mingling with them recently. Yuanjiang Securities provides financing to major customers. Depending on the situation, Chen Yong and others have developed a lot of appetite in Haisu Technology..." Du Fei whispered.

"Oh, it's not surprising at all!" Zhang Ke said. He and Du Fei and Shi Xuebin sat in the window seat, whispering in a low voice, and they couldn't help Hu Jinxing and the others. "Haisu Technology will definitely have an intensive market support operation before it publicly issues new shares. Contact Yuanjiang Securities, perhaps because they think they can't let go of it before."

"The appetite always gets bigger and bigger, and they are also fearless." Du Fei said disdainfully.

When Zhang Ke saw Chen Yong, Hu Jinxing sat down and pulled his sleeves upwards, revealing the dazzling gold watch. He thought that their brand-name equipment and the newly purchased luxury cars would probably cost a lot. He had known that Hu Jinxing and Chen Yong were hyping Haisu Technology's stock profits on the outside. Haisu Technology's stock price rose nearly thirty times in less than a year. I think even if they made a lot of black money, they would have almost squandered them.

Judging from Hongxin's style of behavior, their use of Haisu Technology is also a one-time job. In other words, the market support operation before the public issuance of Haisu Technology will be Hu Jinxing, Chen Yong and others' last chance at Haisu Technology. Hu Jinxing is probably aware of this, which means that they will take advantage of the last chance to play a big game.

Many domestic securities companies have very irregular business operations. They often raise large amounts of funds from enterprises and institutions in the form of entrusted financial management to lend them to customers to earn interest rate spreads. Of course, some securities companies have personally put on the market and took the market to speculate on stocks.

If Chen Yong, Hu Jinxing and others can always get it on a stock, securities companies will definitely notice it. Hu Jinxing and Chen Yong and the people from the securities company did not surprise Zhang Ke at all.

"Will they get Hongxin's acquiesce to make some money outside?" Du Fei asked in a low voice.

"It is likely that they are playing by themselves," said Zhang Ke. "Haisu Technology has only two active stock trading outlets, one in Wenzhou and the other in Jianye. They are all branches under Xinghe Securities and have nothing to do with Yuanjiang Securities... They want to play a big game this time. From the branch office under Yuanjiang Securities, it can be easy to find out how big they are."

"So you have been following them all the time?" Shi Xuebin said excitedly, "And it's not just the ordinary attention."

"I am a little sensible," Zhang Ke said with a wicked smile. "They are checking behind the scenes whether there are any problems with Kumho. Don't we allow us to find their handle?"

"Are you sure?" Shi Xuebin couldn't help but lower his voice even more while saying this, and smiled, "Probably, I'm not very sensible and I always can't stand others' compliment."

"It's hard to say..." Zhang Ke raised his head slightly and looked at Hu Jinxing and Chen Yong indifferently not far away.

"That means there is a chance?" Shi Xuebin's eyes lit up.

The current new technology concept stocks in the stock market are in full swing, and there is no decline at all. They all think that without strong people coming forward to pull the hindrance, it is difficult to stop Hongxin and his group from using Haisu Technology to make money in the open market. Seeing Hu Jinxing and Chen Yong and others continue to be proud and arrogant, Shi Xuebin was always in a state of depression, but he knew that even if he could obtain the evidence that Hongxin and his group of people who violated the regulations in operating Haisu Technology's stocks, it would not be of great use in the current legal environment of the securities market. If Zhang Ke took action, the situation would be very different. Shi Xuebin could not imagine any private capital forces in China that could compete with Jinhu head-on.

Hongxin's situation is also very special. To put it bluntly, the Hongxin Group can be said to be a representative of domestic bureaucratic privatization capital.

"It's enough to take advantage of the situation, it depends on the situation." Zhang Ke said.

Du Fei knew that Zhang Ke would not consume Kumho's strength because of such grudges and affect the development of Kumho, but he would never be stingy in the matter of falling into the well. He asked: "Will the situation change before mid-May?"

"It's hard to say," Zhang Ke said, squinting at Hu Jinxing and Chen Yong, saying in a voice, "They want to play a big game, and they can buy Haisu Technology's stock from Yuanjiang Securities to wait for high prices to sell. In order to ensure the safety of funds, Yuanjiang Securities must acquire margin at a certain proportion. Once Haisu Technology's stock price falls below the risk control range of margin, Yuanjiang Securities will forcibly close their positions for them in order to ensure the safety of lending funds... This kind of illegal operation has been repeatedly banned in China, but in foreign countries, margin financing and securities lending is a relatively common means of financial leverage. Investors can hold five times with a small amount of margin, ten times as much as guaranteed...

The huge capital of gold. In the securities market, the more the securities market is, the more common the behavior of financing or margin trading is, the more serious the leverage in the capital market is, causing the risks contained to increase sharply... The surge in the critical area will induce a large number of closing behaviors, and the closing behavior will intensify the increase or fall, causing it to fall into an uncontrollable vicious cycle, thereby inducing financial crises such as stock market crashes. Now the speculative atmosphere of the global financial market in the field of new technology concept stocks is strong. Even if it does not reach the turning point, it is not far from the turning point. Perhaps it is just a lack of a motivation to induce the turning point. At least we should not be too optimistic..."

Du Fei and Shi Xuebin and others have difficulty judging the speculative atmosphere and risk level of the global financial market in the new technology and economy field. They only know that the Nasdaq Index has risen 117% in the past year, which is not very exaggerated. However, in a longer time frame, the Nasdaq Index has begun this long-distance journey of the bull market since the middle of 1997 after a slight decline in the Asian financial crisis in 1997.

"The domestic financial market is relatively closed. In 1997 and 1998, the major securities markets in Asia and even Europe and the United States were dragged down to varying degrees. The domestic securities market was affected very little, but this time it was slightly different. When the new economic wave swept the world, the domestic market was also the main place for overseas venture funds to forage. The influx of venture capital funds quickly expanded the domestic Internet industry, causing the stock prices of listed companies in the domestic securities market to rise. People were like being possessed by the Internet. Just like when Haisu Technology has risen nearly thirty times, a large number of people are still actively buying, just like gamblers who are full of gambling and arrogant, but they will also become more sensitive and even overreact to the coming changes..." Zhang Ke said, "The changes are not difficult to find out, and it is difficult to grasp when the changes will come!"

"You said it's not difficult. If you didn't have some clues, we wouldn't see it," Shi Xuebin said. "If you can predict the right time again, you can really be called a god." Thinking of the miracle of Kumho's rise over the years, he said in a compliment, "Even if you are not a god, you are not far from it."

Zhang Ke shook his head and smiled, not talking about this with Shi Xuebin. He saw that Hu Jinxing had a nameplate of the intern manager of Chuangyu Internet Cafe on his chest. After he acquired Chuangyu's chain Internet cafe business for Haisu Technology, he had not particularly cared about the development of the Internet cafe industry in Jianye, so he asked about the development of the Internet cafe industry in Jianye.

"Yan Wenjie, Lin Xue and others are counting on the chain Internet cafe business to support the performance of Haisu Technology's high-tech industry. The investment of a lot of money is to expect a return that exceeds the expected one. However, the entry threshold for the Internet cafe industry is relatively low, and the crazy expansion of Haisu Technology has also triggered a trend of follow-up on a considerable scale. I don't care about the latest data. I estimate that in the past year, the number of switchboards will double, and it should exceed 120,000. Don't look at Xuefu Lane. There have always been two large Internet cafes in Xuefu Lane. That's because the rent here is high, and there are many Internet cafes on Malian Street. Now they are more enthusiastic about regulating the Internet cafe industry than anyone else. They can still maintain a higher profit now. If the scale of switchboards continues to develop at this rate, it will take less than a year for everyone to grab customers..." Du Fei said.

"By the way, China Unicom Donghai Province Company will have a banquet tomorrow. I originally wanted to reject it, but I heard that China Unicom Donghai Province Company has an interesting investment project that will be implemented in the near future. You two accompany me to have a banquet, and maybe you can give them some suggestions for new investment projects..." Zhang Ke said.

"What tricks do Unicom wants to do in the East China Sea?" Du Fei asked. Unicom has been suppressing China Mobile in its main business over the years (formerly the Mobile Communications Bureau), and has developed other projects from time to time to increase revenue.

"I'll know when I go tomorrow." Zhang Ke refused to reveal the answer at this time.

Hu Jinxing and Chen Yong saw Zhang Ke, Du Fei and Shi Xuebin whispering in the seat next to the window, suspecting that they were talking about them, but they couldn't hear what they were talking about, but they couldn't help but look back. When they looked back, the expression on Zhang Ke's face was very light, and Du Fei and Shi Xuebin were still smiling at them, but their smiles were gloomy and very strange.

On April 1, the banquet held by China Unicom Donghai Branch at the Xianheng Hotel in Jianye was to celebrate Jianye. The monthly increase in China Unicom's new users in Huishan area exceeded 30,000, which is almost the same as the number of new users in China Mobile in Jianye and Huishan areas.

China Unicom has achieved such good results in Jianye and Huishan. The key is to rely on mobile phone customization business to launch recharge and give mobile phones, and new account opening and free purchase vouchers, which attracted a large number of new users.

Since China Unicom selectively promotes mobile phone customization services in key cities, China Mobile cannot provide an overall response strategy. Usually, the branches of various provinces or municipalities will launch targeted preferential policies to compete with China Unicom to absorb new users first. However, the authority of branches of various provinces or municipalities in China Mobile is restricted, and the approval will be slower by one or two beats after the headquarters approval.

Without the unified deployment of China Mobile Headquarters, mobile branches in various places will be even more unlikely to obtain support from Kumho to supply mobile phone chips at low prices, and cannot copy mobile phone customization services. Other discount activities seem to be insufficient, thus falling into a passive position.

China Mobile may feel glad that this situation is only happening in a few cities at present. Whether in terms of quantity or quality, the scale of China Mobile's development of new users is far from enough to threaten China Mobile's status, so China Mobile's senior management has not paid much attention to China Mobile's catching up in a few cities.

Only then did Yang Rongping deeply understand the beauty of the "slow-down plan": first, it alleviated the contradictions caused by insufficient infrastructure construction in China Unicom itself; implemented breakthroughs in central cities, so that China Unicom's new user scale still had a considerable increase, and at the same time, it slacked off its attention from its competitors and won more time to strengthen the construction of China Unicom's G** network.

Now, Yang Rongping will directly participate in the formulation and implementation of new user development strategies for provincial branches. However, in the theme of "not shooting people, quietly enter the village", Yang Rongping comes to the local area very low-key and will not invite media reporters to follow up and report. Even if he wants to reward merit, he has to wait until he drinks the celebration wine.

This time, Yang Rongping came to Jianye. In addition to attending an internal celebration banquet, he also had to discuss cooperation with Shengxin Telecom.

When Shengxin Electric was engaged in mobile phone agency and sales, it was the first time to invite the Post and Telecommunications Bureau to set up service counters in stores to facilitate buyers. After several changes, the Post and Telecommunications Bureau has now changed to China Mobile to open service counters in Shengxin's stores. This model has also quickly imitated and promoted other mobile phone middlemen and sellers. This not only contributes to mobile phone middlemen and sellers' increase in mobile phone sales, but also provides convenience for new users of China Mobile to develop. For example, Shengxun Telecom's main direct-operated stores have mobile service counters. Unicom has done a poor job in this regard. Only Shengxun Telecom's flagship stores in central cities have China Unicom's service counters.

Yang Rongping has been thinking about how to make up for the shortcomings of this work recently. Of course, the best breakthrough is Shengxin Telecom, a member of Jinhu.

Shengxin Telecom (including the mobile phone counter inside Shengxin Electric Appliances Home Store) is the largest mobile phone retail enterprise in China. It has implemented the "100 Cities and 100 Stores" since 1997. The two development plans of "100 Cities and 100 Stores" have successfully deployed the direct mobile phone network to the county-level urban level, and its share in the domestic mobile phone retail industry is becoming increasingly large.

Two thousand years later, from January to March, Shengxin Telecom sold more than 1.9 million mobile phones, accounting for about 18% of the domestic mobile phone market. At the same time, Kumho also produced less than 1.4 million mobile phones. Among the 1.9 million mobile phones sold by Shengxin Xinxun from January to March, about 60% of the customers purchased mobile phones for the first time. If Unicom could win over these users, it would be almost equivalent to Unicom's new account opening scale last year.

These specific things are naturally a headache for Shao Xinwen. Zhang Ke pulled Du Fei and Shi Xuebin to attend the banquet. In addition to Yang Rongping personally coming to Jianye, China Unicom Donghai Branch plans to develop chain Internet cafe business in Jianye and Huishan. In terms of chain Internet cafe business, Du Fei and Shi Xuebin can both give useful opinions. Although Zhang Ke is not optimistic about China Unicom's development of chain Internet cafe business, he will not work hard to dissuade China Unicom. He even hopes that China Unicom's development of chain Internet cafe industry in Jianye will be more vigorous and faster, and at least it will make Haisu Technology feel some pressure in the near future.
Chapter completed!