When Zhang Sheng came to xiangdao this time, he was not ready to go back in a short time. He wanted to finish all the postgraduate entrance examination and read books at Chongshi Research Institute, xiangdao University and xiangdao Chinese University for several months.


    He also gave himself a task to understand the xiangdao stock market.


    After the report of Liu Zhifei''s investigation in xiangdao was formed, she gave one to her grandfather and one to her teacher, which received great attention.


    Zhang Sheng felt the pressure when he said it at a family meeting; Especially if he wants to enter the system in the future, he will pay more attention to these aspects.


    A sophomore can have such a macro vision. Although he has made a lot of money after graduation, he has not formed his own idea, which is unreasonable.


    "Jianhua, do you think the stock market is just for listed companies to raise funds?"


    "Raising funds must be one aspect."


    "What else do you mean?"


    Long Jianhua smiled, "it''s the same as futures, but the capital needed for admission is smaller."


    "After the company is listed, all major matters and financial statements shall be made public. It can promote the management of the company and promote their standardized management. "


    "Of course, this is also a place to hide filth. There will be a lot of false information to deceive shareholders. For example, the case of the Jianing group in November last year has not yet been completely true."


    "There is a second role in promoting the company. Other investors come to buy stocks in the hope of appreciation and proliferation. If the profit drops and the dividend does not or drops, those investors will scold and may even send a blade; This requires those managers to keep up their spirit and do a good job in the enterprise. "


    "For enterprises, there is also an advertising role. At least those who bought the company''s shares will first choose the company they bought when similar products are placed together. "


    "It is also a good place for social liquidity. I have no other investment opportunities. If I buy one or two shares and pay dividends there, maybe the interest rate is higher than the deposit interest rate; If the company develops rapidly, the income will be higher. "


    "But this thing also has an uncertain aspect. The real economy is originally stable. If there is any disturbance, the stock may fluctuate inexplicably, or soar, or plummet. "


    "The last time we went to buy those two European companies, it was because the information was leaked in advance that the stock price soared by nearly 30%, resulting in US spending nearly $2 billion more, and the meat was hurt by them."


    "But if we don''t buy them, their stock prices will fall and may fall lower than before. This is the reason why false news can cause wind and rain. Ganing group released a specious news. "


    Finally, he smiled, "the stock market is still a reservoir of funds, but this reservoir can sometimes evaporate a lot of water, or it can be said to be an evaporation pool."


    Zhang Sheng didn''t understand, "isn''t what you earn those who lose? How did it evaporate? Even if it evaporates, it should be a transaction tax or something. It''s well documented. "


    Long Jianhua shook his head. "It''s true. Let me give an example. If I invest 10 million in the stock market to buy stocks. If there is a bank for this 10 million yuan, it is assumed to charge 200000 interest per year, which is a stable income. "


    "If I buy this stock at the price of 50 yuan, I will cut my back in two days and fall to 25, my book value will be less than 5 million. Plus the lost interest, I will lose more than 5.25 million."


    Zhang Sheng shook his head, "you can''t do that. That 250000 is the opportunity cost. I haven''t counted it in my heart for a long time. You can only count the loss of $5 million, but the $5 million is earned by those who sell for $50. "


    Long Jianhua said with a smile, "now, you, me and Junyan, if you two buy it at the issue price of 25 yuan, when it rises to 50 yuan, you sell it, I buy it, and Junyan doesn''t move in his hand. Now it''s back to 25. What do you say? "


    Zhang Sheng rubbed his face. "What she made before was only illusory. You didn''t give me all the more than 5 million you lost. In the middle, you have to pay all kinds of taxes."


    Long Jianhua asked, "if the stock continues to fall and falls to $10, what is the situation?"


    Zhang Sheng stared at him for a moment. "The listed company raised the funds, but the shareholders'' wealth was cut off... This is the real evaporation. So you don''t approve of the stock market? "


    Long Jianhua shook his head. "The stock market can be engaged in. After all, it is one of the sources for enterprises to obtain development funds, and it is also the place for social idle funds."


    "But the supervision should be standardized and the system should be strict. Those who provide false data or even fraud shall be dealt with seriously. Those that should be punished should be punished, those that should be closed, and those that should be eliminated from this industry should be resolutely eliminated. "


    Yun Yan said with a smile, "so, even if the stock market is very standardized, it uses some people''s money to subsidize others, so as to increase their wealth?"


    Long Jianhua was stunned, then clapped his hands and gave her a thumbs up.


    This conclusion is too brilliant!


    Zhang Sheng rubbed his face and purred, "you mean killing the rich and helping the poor... It''s also wrong. In this, I don''t know who is rich and who is poor. It''s a chaotic war."


    "Hey, hey, the topic I chose is very interesting and worth investigating. Jianhua, do you think Shimada knows anything about this? "


    "Whether you know him or not, he is from the financial industry and naturally has his own views on this; You should refer to my true layman''s words, not to mention his false layman? "


    This guy seems to have less confidence than before.


    In the past, although there were some Buddhism, the idea was still very firm.


    It seems that after frying heating oil and gold futures with yourself, the dependence has increased.


    This is not a good thing.


    We have to change!


    In the future, if he wants to fry gold futures, he should make his own decision


    In a hospital in Kyoto, Li Zhengkai is lying on the hospital bed. Beside the bed is a hanging bottle shelf with a bottle of saline hanging on it. The saline is flowing into his blood vessels drop by drop.


    He closed his eyes tightly, and on his pale face, his hooked nose looked more and more ferocious.


    Opposite the hospital bed was a sofa, where his mother sat angrily.


    Who''s son who hurts, her son was shot in the head twice in a row, she hurts more.


    But what can she do?


    The two families are not in the same line, not to mention this is the biggest stain. What can she do?


    I dare not say anything when I come to the door to ask for an explanation.


    After a long time, his mother calmed down, "Xiao Kai, we''ve already called others for money. Your grandfather said that you should never go to xiangdao in the future. You are not allowed to stretch out your hands at home. You can find a class safely in the future. Let''s finish what''s going on over there. "


    Li Zhengkai roared, "why ~"