Chapter 228: Big news from the securities company

Zhang Hong is the editor-in-chief of the Nanjiang newspaper. In the morning, he opens his eyes, gets out of bed, rips off the calendar on the bedside table, looks at the date on it and says, 'Today is the first day of the 90s. It's a new year with a new atmosphere. I'm sure there will be more good news!'

It was a coincidence or something, because just as Zhang Hong said this, the door to his house was knocked on. Zhang Hong got dressed and opened the door, and it was Xiao Wang from the team.

At the moment, Xiao Wang was sweating all over and looked very anxious, which made Zhang Hong feel very surprised and puzzled. However, before Zhang Hong could ask, Xiao Wang shouted at him, 'Editor-in-chief, hurry! There's big news from the securities company!'

Securities company? Big news?

This remark made Zhang Hong feel a little surprised. It was not that his news sensitivity was low and he did not think that there would be any big news from the securities company. On the contrary, he understood very well that the current development centre of Nanjiang was in the securities market, and it was most likely that big news would come from this area. His surprise was that he had not received any notification before, and it was actually Xiao Wang from the group who came to the door to knock and call out to him.

Zhang Hong's idea is incredible when placed in a foreign country, because if there is any big news, isn't it that they discover it themselves or the other party comes to the door to invite them to an interview? Can what comes out of that interview still be called news? Wouldn't it be better to call it a propaganda announcement?

This idea may sound a bit far-fetched, but it is actually the case. Newspapers and media outlets are the masters of the day. They are treated like gods in the county towns, lest they go back and write nonsense about them. Many companies also need to bribe them with benefits to get more positive reports about themselves. So generally, these journalists and media outlets will be notified in advance of any big news.

Zhang Hong had not received any notice, which meant that even his superior did not know, which surprised him.

'Xiao Wang, you said there is big news? Has the stock market plummeted again? We can just analyse it after it happens. At most, you can take some photos of the scene and send them to me.' Zhang Hong said, his tone not taking the big news Xiao Wang had mentioned seriously. It wasn't that a stock market crash was not news, but rather that the news was not worth paying too much attention to. After all, this was a comprehensive newspaper, not the Financial Times.

Wang Xia shook his head desperately and said, 'Editor-in-chief, it's not just any stock market crash, it's that the securities company is going to announce new regulations!'

'New regulations?' Zhang Hong was very surprised.

'Yes, new regulations. I just passed by the securities company and wanted to check the latest stock price when I saw it. The securities company announced today that it will try to restructure the stock exchange. The securities company will separate certain businesses and no longer be responsible for securities account opening and guiding investors in the future. All these businesses will be completed by securities brokers certified by the securities company.'

Xiao Wang finished all this in one breath, and he was panting at the end. Zhang Hong was stunned. He didn't care about Xiao Wang's speech, which almost ran out of oxygen at the end. In contrast, he was more shocked by the content of Xiao Wang's words.

As the editor-in-chief of the newspaper, Zhang Hong is aware of some of the policy development directions. He even went to Hong Kong City for a period of time to find out about the most popular securities finance of the day. Therefore, he knows very well that if securities are to truly get back on track, the emergence of stock exchanges and securities companies is inevitable. So isn't this new regulation for securities companies the first step towards formalisation?

This is indeed big news, but why wasn't there any notification?

Zhang Hong didn't have time to think about this, or perhaps he had a feeling that things were different now, so he just confirmed with Xiao Wang and then quickly changed and left the house.

'Xiao Wang, you immediately notify the rest of the team and tell them to hurry to the securities company!'

Zhang Hong said to Xiao Wang, then jumped on his motorcycle and sped off to the securities company.

Zhang Hong's home was not far from the securities company, so it took him just ten minutes to arrive. As usual, there were many people in front of the securities company's door. After all, tens of thousands of yuan were traded every minute here. It could be said that every minute someone was making money and someone was losing money. However, today's situation was very different, because Zhang Hong saw people from the securities company handing out flyers over there.

'Attention, fellow stock investors! In order to meet the needs of the stock market and to provide better service to you, and to eliminate fraud, the securities company has decided to separate some of its operations. Starting today, the securities company will no longer be responsible for opening accounts and trading applications for investors, nor will it provide guidance. All of this will be handled by securities brokers certified by the securities company.'

Someone was standing on the doorstep of the securities company, holding a loudspeaker and shouting to all the shareholders below. Even though it was the first day of the new year, the securities company seemed to have temporarily closed down. The person speaking was Zhang Hong, who knew him as Li Hong, the marketing manager of the securities company.

Zhang Hong knew that in a securities company, the chairman and general manager were hands-off bosses who basically only had a name to hang on to. The first deputy general manager, Luo Han, was the person in charge, and this Li Hong was the second person in charge.

Now that the second-in-command of the securities company has come out and made an announcement, there can be no doubt about the news from the securities company.

Zhang Hong thought to himself with certainty, and he looked around a little, but he didn't see any other media comrades. Zhang Hong was able to confirm that he was the first to arrive, and it seems that the guy Xiao Wang's stock speculation is still very helpful for work! But for such a big thing, why didn't the securities company notify the media to do public opinion propaganda? And they have to distribute flyers like this, and Manager Li has to come out and shout with a loudspeaker, just like the people selling 'power pills' on the street.

Zhang Hong didn't understand this, but there was no time to think about it, because if he got the news down before the other media, and then rushed to get the second draft out, he would definitely be praised by his superiors!

But thoughts are thoughts. Zhang Hong looked back and saw that Xiao Wang had gone to notify the other team members. They had not arrived yet, and he was here alone, which made Zhang Hong anxious and unable to help but jump a little.

Damn it! What are those guys doing, why haven't they come yet?

Zhang Hong cursed in his heart, so he had to move towards Li Hong himself, thinking that he would just have to take the lead and ask some valuable questions, and he could take photos later.

But despite his good intentions, Zhang Hong found that he simply couldn't do it. There were too many people in front of him, and everyone was desperately pushing forward. Of course, these people were not reporters, and they were not deliberately blocking Zhang Hong's way. They just wanted to be the first to know about the new rules of the securities company, so that they could make more money in the stock market first.

This is a very normal thought. Although the Nanjiang stock market has been on the rise, every time there is a policy adjustment, the stock market always gives the biggest positive response. So now that the stock exchange is trying out such a big thing, how could there be no movement in the stock market?

But even though he knew this, Zhang Hong couldn't help but curse in his heart. After all, news was the most important thing to him. However, at that moment, he suddenly heard a gasp from the crowd: 'Look, that's Luo from the securities company. Is he here to promote this new regulation to us too?'

Hearing this exclamation, Zhang Hong could not help but stop in his tracks and look up at the top of the steps. Sure enough, he saw Luo Han, the first vice president of the well-known securities company in Nanjiang. In fact, it would have been enough to confirm the news if Li Hong had been here to promote it, but now with Luo Han as well, the news was even more certain.

Zhang Hong thought so, but the exclamations coming from the crowd one after the other made him unable to react in time: 'Look over there, that's Zhang Heng, the deputy director of the office of the Nanjiang City Securities Market Construction Leading Group. He's a very important person in the city, someone who can report directly to Secretary Chen Yunfei. Even Director Zhang Heng is here, so it seems that our stock exchange is going to be established!'

Someone immediately retorted, 'What's Director Zhang Heng? Open your eyes and take a good look at the young man in front of him. Do you know who that is? That's Secretary Chen Yunfei's secretary. He can represent Secretary Chen Yunfei outside, and he is the biggest stabilising influence here!'

As he listened to the comments of the people around him, Zhang Hong also looked up at the steps. He too let out a gasp, but not because of Zhang Heng or Peng Shengyou, but because he saw the young man behind Zhang Heng who looked unremarkable.

This young man looked to be in his twenties, definitely not yet thirty. He was also in a very back and unremarkable position. Compared to Zhang Heng and Peng Shengyou in front of him, no one had commented on him either. However, Zhang Hong's eyes immediately widened, because he knew this person.

Zhang Heng is nothing, and what is the secretary of the executive vice governor and the secretary of the municipal party committee? They are at most a decorative function for the Nanjiang securities market, and they cannot solve practical problems. They can only quietly cheer from the sidelines. Only he is the real anchor. Without him, there would be no Nanjiang securities company, no booming stock market as it is now, and the securities company would be even less likely to have the opportunity to change the stock exchange so soon!

This person is unassuming and usually very low-key, and he even disappeared from Nanjiang for a long time. But if you look at the history of the development of the Nanjiang securities market, you absolutely cannot avoid this person!

He is a university graduate in economics. It was he who took the Nanjiang research team to the port city in the first place, and I even heard him give a speech there. His words directly incited hundreds of students in the port city, and in the end he returned to Nanjiang to establish the securities market. When no one was interested in the securities market, it was he who caused it to skyrocket. When the securities market plummeted and even threatened to collapse, it was he who stood alone and stabilised the entire situation.

If there is a legend, he is undoubtedly the legend of the entire Nanjiang! Even I benefited from him. If I hadn't happened to bump into him and interview him for an exclusive story, I wouldn't have been able to rise so quickly to become editor-in-chief.

Zhang Hong clenched his fists with excitement, staring at the stage without blinking. He was sure that he would not remember this ordinary person, but he would definitely remember his name—Zhou Ming!

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