v5 Chapter 163： in conclusion

"The name is Peng Lixin Aviation Group's Finance Department Director. All kinds of obscene matters are at the time of the reorganization of Liankaitian. If it is not dealt with, then it is not known how many evils will be planted in the future, which will corrode from the inside into a bad atmosphere. Inside the group company where unspoken rules are rampant, you probably wouldn't really feel at ease that the intimidation of Minister Peng was not just a bluff. At this time, he called his father to tell the story of the whole incident. Su Licheng, who was in the study on the other end of the phone, groaned, and said, "If this matter is true, it must be investigated. I will reflect on this matter and follow the formal procedures. "W novel chapters are updated fastest

"It's useless, dad, only you are the only one to express your opinion in public. Maybe you are determined to investigate this matter thoroughly. Wu Shimiao and her colleagues cannot constitute a testimony. Her crew colleagues, those present at the time may not dare to provide it. Evidence, only when Su Licheng poses an intervening posture, Wu Shimiao's crewmates may not avoid being undisturbed.

"Su Can, you also know that this is an internal reorganization of the aviation group, and stability is overwhelming. Some things that do not need to cause trouble, it is best to deal with it in a low-key manner, otherwise it will give others our big construction engineering is to eat other people's companies. Feeling. Coupled with outside speculation, to a certain extent, it will affect the newly formed airline, Su Licheng, indulging in his thoughts. He is also a sensible son of himself. Su Licheng said so bluntly and straightforwardly, Tiannan Airlines, which was invested by Dawu Construction. As an inflated state-owned major shareholder, it will exert relative control over Sichuan Southern Airlines and gradually reveal its huge influence. Now the board of directors of the aviation group is desperately working on their vested interests. The closing process should have been gradual. From the slightest to the next step, it will be a matter of course. If it is here. The port is moving, will the strength of Darong Construction cause a backlash? w "Fiction" novel chapters are updated the fastest

Formal procedure processing. There is no threat at all to people of Peng Lixin's level. With his **** for so many years in the aviation group, trying to suppress these disturbances is no different than doing it.

"Dad, if I say there is a problem with this Zhang Lixin. Do you believe it?"

"What you said, what doesn't my dad believe in, how can it be okay? Of course I have read some things from the internal information I have read, but it involves a lot of things. And he didn't leave anything behind. The tail. Some things are not easy to evaluate."

"What internal information? Is there a widespread "three-party financial management" situation in aviation groups, and the main contact is Peng Lixin? "

Su Licheng has long been surprised at Su Can’s ability to understand the key points in this sentence. Su Licheng has a clear record in the financial statements of Southern Sichuan Airlines. Due to the characteristics of the industry, Southern Sichuan Airlines has always had ample cash flow. To revitalize the internal demand for funds, as early as 1999 and 2001, the aviation group focused on finance companies, expanding its wealth management scale year by year, actively seeking capital appreciation, and substantially increasing its share of stocks. Investment in funds, bonds. Its common technique. It was the tripartite financial management that opened the door to some billionaires with secret sources of funds that became widely known later.

Tripartite financial management is both a group finance and a tripartite agreement of "market predators" securities dealers with a background.

Get a positive answer from his father, then Su Can can promote the reasoning that he saw Zhan Hua and Zhang Lixin contact.

Obviously, Sichuan Southern Airlines Group has been regarded as a source of huge capital pools for some predators, and the channel of borrowing funds behind it. The most common way for these huge funds is to avoid portfolio investment and mobilize them to focus on large-cap stocks and concentrate funds. Fight the battle of annihilation and wash the dishes, and then lead the countless schools of small fishes that are following them to disperse.

Behind this, there must be the figure of Zhan who has been promoted to master level by the domestic capital predators that Su Can saw in the bar.

Su Can's knowledge is limited, but Nanda is indeed a treasure trove. The things learned and enriched content here make Su Can make some judgments almost easily, because it is only the one before the rebirth. From a human perspective, Su Can can only dig out the clues in his mind. The Southern Sichuan Airlines Group should be reorganized at about this time in later generations. There will not be much difference in age, but this reorganization is due to the Chengdu Municipal Committee. The municipal government took the lead, so Dage Construction Engineering stepped in.

That is to say, Su Can has become subjective in this, thinking that Sichuan Southern Airlines may be able to change the huge future loss or even frustration after the Dianjian Construction and the Rongcheng Mai City Government lead the vertical group.

In fact, this ending is more than just going to happen. And it is inevitable!

At that time, Sichuan Southern Airlines Group will be caught in scandals and various unspoken rules will appear frequently, and there will even be a series of incidents in which flight attendants were submerged and committed suicide, causing misfortune. The most important thing is that the Chengdu Municipal Party Committee and the City Government, which is leading this matter, are inseparable from the relationship. It will inevitably add a gloomy tone to Wang Bo's political career, and his father, Su Licheng, will also be caused by this incident. The inevitable decision-making errors may even lead to the intervention of the board of directors of DGE Construction Engineering and higher-level supervisors.

Judging from the current situation, if Sichuan Southern Airlines continues to lose money in the future, large construction workers will at least be involved in this black hole and it will be difficult to get out of it. The most important thing is the huge loss of state-owned assets. According to Su Licheng, who is in the position of general manager of Daxiang Construction Engineering, it is by no means optimistic news.

The reasons for all this are that, in addition to the chaotic atmosphere of the aviation group's management team, there are also the consequences of the aviation group's failure to revitalize its main business and not actively improve its institutional structure. Instead, it uses funds to actively seek "capital operation".

The most critical issue, this is a concept. Problems caused by the concept and system of an overall aviation group management team.

Su Licheng stopped Su Can's series of explanations. Finally he thought, "Then you saw the contact between Zhan Hua and Peng Lixin. There are two key points here. Hantang Securities and Century Securities have always been the securities dealers that Minister Peng has contacted in his treasury business. "China Southern Airlines Group's Boshi company has a capital of 2 billion in Bofan, and Zhenhu is behind Zhanhua. This is very possible.

According to Su Licheng, the two major securities dealers with which Sichuan Southern Airlines Group has contacted with specific agreements.

The first is Hantang Securities, and the second is Century Securities.

You can see Zhan Hua’s figure behind the two major securities dealers. Through this observation, Su Can immediately felt the energy of Zhan Hua’s long-sleeved dance. This person is known as the master capitalist in the Yangtze River Delta region, and the capital is king. The man of the generation must have its tyrannical reasons.

The implementation of this set of Chuannan Airlines Group is the active financing behavior of securities dealers. Zhan Hua is a master of capital operation, but it does not mean that he can be right every time. Moreover, he has more tentacles and is more able to be cruel and cruel at critical moments. Break it off and save yourself. It is really undesirable for airlines to lend internal funds to securities dealers to act as agents for financial management, and to make a fortune in the secondary market in the stock market.

So Su Can intercepted the data of heavy stocks of funds in zero and zero years and 2001, and then constructed sample research variables based on the economic dynamic panel data he learned.

This process is not complicated. In fact, it is as simple as bringing in a mathematical formula theory, except that it takes a bit of demonstration time to build the model.

For this reason, Su Can also read some related economics books that he might come into contact with in his sophomore year and junior year. The price paid was that in the next week, Su Can went deep into the library every day, and then downloaded some of the Awkward Stock data reports from the wealth management network through the Internet, and studied the holdings of the two major securities dealers in Han and Tang and Century. The impact of stock price volatility.

In the eyes of others, Su Can almost got into the library except for some of the classes he had to escape. Even Tang Wu's bedroom roommate praised Su Can's recent diligence.

So on the side, even a few girls went to the library with Tang Wu for a leisurely afternoon. This behavior directly increased the number of people in the library lobby by one grade than usual. Looking at that The girl who smiled lightly. Most boys are dazzled and can't afford to do anything. The model set by Su Can is a bit cumbersome, but for Su Can as a whole it is no less than doing an economics paper on two or three subjects. It's like the topics assigned by the professors at the end of each semester at Nantah University.

However, with Su Can's ratio of 3 tuns, this kind of two or three subjects can barely be won by him alone. I have sought out some of Tang Wu’s investigations to make up for the deficiencies. Although the things established are a bit rudimentary, some theoretical support needs to be added and subtracted in-depth to pass the level of Professor Nantah, but for Su Can, although it is a skeleton, it is It's clear at a glance.

So the next steps are relatively simple. Even the top students of economics at Nantah University can see his intentions. If Tang Wu comes to do the work herself, Su Can estimates that the model she has made is more concise but more sophisticated than her own.

Su Can subdivided the intercepted samples into the number of holding funds, stock yields, and fund holding ratios. The stock turnover rate, quarterly shareholding changes, the value of the circulating stock market, and the volatility of stock prices are variables. Then through the regression coefficient of the explanatory variable, the regression coefficient of the number of holding funds is negative. That is to say, under the condition of controlling all other variables, increasing the fund's shareholding has no obvious effect on diversifying the risk of equity volatility.

The quarterly shareholding changes have a positive relationship with the stock price fluctuations, indicating that even in a bull market. The heavy holdings of funds not only can not stabilize the stock price, but also aggravate the volatile market of the stock market. This shows that the operation of securities investment funds is not standardized, and there is still a certain "herd effect".

Therefore, to further prove the blindness of investment and the creation of bubbles, Su Can used the knowledge and theories learned at Nantah University, combined with the sporadic memory experience of later generations, so that one may make the whole economics community, or scholars from all schools and schools here. When experts and academics were confronting each other, the theory that would sneer at him was placed in front of him.

If the current two major securities dealers are used as a common benchmark, the securities dealers will take the initiative to obtain high-cost financing. The investment behavior of heavy stock holdings. It’s no different from drinking poison to quench thirst.

The stock market, when the zero three or zero market crashes, will undoubtedly dissolve all the illusions of the participants in this food chain.

Under this circumstance, it is not a fantasy that the aviation group, which is alienated from the main business of aviation operation and attributed financial improvement to capital operation, will fall into a situation of huge losses.

When Su Can provided this to Su Licheng Su Licheng raised it at the board meeting. The aviation group is asked to explain why the financial company’s deposits dropped sharply in 2001, whether there are any loopholes in financial management, and whether there is a model of "removing the east wall and making up the west wall"? There was a shock. "One-third of the independent directors of the China Southern Airlines Group's board of directors did not know the fact that the group's internal financial management failed, and we can know how powerful Su Licheng's remarks are.

Many senior executives of the aviation group have expressed their opinions. Minister Peng even threatened with "the high-level trust is not enough, but the big deal is resignation." This trick is indeed effective. It is worrying to say that the rights and interests of veteran cadres cannot be protected, and some groups of captains even intend to threaten to stop flying and strike.

Until this step, Su Licheng and Su Can also knew. Peng Lixin is just one of the nodes. The depth of the wading involved in this is despite the fact that it is dominated by Dage Construction Engineering and the Municipal Party Committee and the Municipal Government. It may not necessarily be able to move some of the huge group forces behind this.

Peng Lixin is like a frightened bird, but he is also desperate. Under the protection of the boss, Su Licheng could not move his thigh-holding mentality of such veterans.

The situation fell into a stalemate. In full swing.

The first one arrives, it's still early. The new month performed well.