Chapter 405：

Zhao Ting doubted: "Although this Zhenfang is very powerful, why can he manage us? And the official seal of the China Securities Regulatory Commission, how is this possible? No matter how powerful he is, he is just a hot money in the end."

Old Mu smiled and said, "You don't know that, do you know who the two big men who fought in the case of Huang Jingchuan this time are?"

Zhao Ting nodded: "You know, the two vice presidents of the China Securities Regulatory Commission. They can be said to be important figures in the domestic capital market. The president of the China Securities Regulatory Commission does not show up all year round. Chairman, that is not what we can see."

Elder Mu nodded and said: "You are right, then I tell you, this Zhenfang's father is the current chairman of the Securities Regulatory Commission." Zhao Ting was completely shocked this time, and she understood why she came from the Capital Securities Regulatory Commission. The old Mu was so polite to the relieved monk, why can a monk outside the system come up with a document with the official seal of the China Securities Regulatory Commission.

Zhao Ting has never thought that such a great **** has always been under her jurisdiction, and actually has always been in Xingzhou.

Zhao Ting said: "Then I understand why he can take out the documents with the official seal of the China Securities Regulatory Commission. It turns out that this is the case. Chen Yan actually knows such a person. It must be expensive to ask him to help. It shouldn't be a good relationship. If the relationship is really good, then Chen Yan wouldn't be so embarrassed about his own affairs back then. Yes, some benefit must have been used in exchange."

After listening to Zhao Ting, Mr. Mu slowly said: "Your analysis is very reasonable, but there are a few questions about the release of the monk you made a mistake."

Until now, Lao Mu and Zhao Ting still believe that Chen Yan is nothing remarkable and should not be worried. I don’t know if it’s the so-called mindset? I've been an official for a long time, and I don't look down on ordinary people anymore.

Zhao Ting said: "What is the problem, Mr. Mu, you said."

Lao Mu said something that shocked Zhao Ting, and Lao Mu said: "The material, that is, the material stamped by the China Securities Regulatory Commission is fake."

Zhao Ting’s pupils shrank suddenly. Before Zhao Ting could speak, Old Mu continued: “First of all, government agencies in the capital like the China Securities Regulatory Commission are very standardized. In one step, even if the China Securities Regulatory Commission really wants to intervene in Chen Yi's affairs, it will not allow Monk Shih Huai to be responsible for this matter alone by someone outside the system. This is not in line with common sense. The capital's institutional process requirements It is very strict, not the same as in the local area. Although the process in the local area is also stricter, compared with the capital, I checked it and handled individual issues more casually.

If this is a document stamped by a place, it is possible, but it is absolutely impossible to say that it is a document of the Capital Securities Regulatory Commission. "

Zhao Ting nodded again and again, thinking to herself: "Sure enough, **** is still hot." Then she said in a puzzled way: "Since it is fake, then why listen to him and expose it directly? Why should it be treated as such? it is true?"

Old Mu shook his head and said, "You can't do that. Actually, the conversation I just had with Monk Shi Huai contains much more than you heard."

Zhao Ting is not a fool to be a high-level supervisor in Xingzhou City. Naturally, she knows that there must be something she doesn’t know about. The inquiry just now is just to see Mr. Mu intends to sell the key to cooperate. Now I see Mr. Mu intends to say Listen carefully when you tell the truth.

Old Mu slowly said: "This starts from the time when Monk Shihuai and his father were in a deadlock. At that time, his father was not the chairman of the Securities Regulatory Commission, but he was a vice chairman. Monk Shihuai, no, he should be called at that time. Zhenfang, he entered the capital market to develop his father was naturally strongly supported, but he did not expect that Zhenfang followed a hot money to learn, and worshipped a hot money as a teacher. The vice chairman of the orthodox school class despise these hot money. In his eyes, Zhenfang was forbidden to take this path, but Zhenfang felt that he was right. He believed that his father's concept was old-fashioned. He believed that as long as he obeyed the law in the market, he would do whatever he wanted. Yes, no matter whether a black cat or a white cat catches a mouse, it is a good cat. The father and son are just like that.

Originally, the two sides were in a stalemate, but until Zhenfang integrated the hot money and became the leader of the Zhenfang, the contradiction between the father and the son was completely intensified. Vice Chairman Zhen felt that his son was ashamed of him, and Zhenfang felt that he was not wrong. After the conflict intensified, in that bull market, Zhenfang led him to integrate the hot money to make a lot of money in the market, and of course it was all legal.

The frequent operation of hot money drove the increase in trading volume and stock prices, and gradually detonated the market’s popularity. Stocks became a topic of discussion among the people. More people began to enter the stock market. The entire market began to rise rapidly. People led by Zhenfang The profit in it is full of money.

But you should also know that a lot of hot money is borrowed and leveraged to make stocks, and even a lot of leverage is very large. In order to stabilize the market, Vice Chairman Zhen proposed a series of policies with "stabilizing growth and deleveraging." as the core. In fact, the vice chairman of Zhenzhen is for the stock market to rise reasonably and steadily. He did the right thing, but this move hurt the hot money headed by Zhenfang. Everyone did not expect the deleveraging to come so suddenly. The market began to panic, and a lot of funds began to flee quickly. Because they made a lot of money before, fleeing was not only a cost, but many people directly listed the limit down for shipments. The limit of 1,000 shares for multiple days directly caused the stock market disaster.

Small funds have gone out because the scale of funds is relatively small. Originally, hot money belongs to small and medium funds and can be run. However, because Zhenfang has integrated hot money, the overall scale has become very large. In the short term, it will not be sold at all. It was too slow to sell a small amount of money, so the hot money that year basically suffered the damage caused by the entire round of stock market crash, not only did not make money, but also lost a lot of money because of increased leverage.

Zhenfang was also young and energetic at the time. He couldn't listen to persuasion. After the smooth integration of the major hot money, he began to expand, thinking that everything he thought was right. He believed that the deleveraging policy was deliberately made by his father to run himself, and he did not talk to Vice Chairman Zhen himself. He blindly thought that his father looked down on him, and persuaded him to use such a shameful means to run. I was very angry, and broke off relationship with my father. Vice President Zhen was also a stubborn person, and didn't explain anything, the father and son were so stunned at each other.

Zhenfang felt that it was because of his own reasons that many hot money friends were involved. After that, Zhenfang sold all the belongings under his name, and gave a lot of hot money, which can more or less make up for some of everyone's losses. After that, the organized hot money was disbanded, and a man went to Xingzhou Lingxian Temple to become a monk.

I don’t know if it’s been so many years of enlightenment and enlightenment? I still realize that what my father did in those days was only to perform his job duties and not against himself. A few years ago, Zhenfang returned to his second home and went home for the first time after he became a monk. The father and son had a long conversation. Vice Chairman Zhen had already become Chairman Zhen at that time, and it was not clear what he was talking about.

However, the relationship between the father and son seemed to be reconciled afterwards, and the two returned to the normal relationship between father and son at that age.

I know that the document is fake, and Zhenfang also knows that I know it is fake. The above chapter is probably carved with carrots. But we are also aware of another problem. Zhenfang took out the fake document to represent his determination to intervene in this matter. If I insist on not letting go and point out that the document is fake, then he will give it to him. President Zhen called, President Zhen would not be favoritism because of his son, but he would still send someone to investigate. If we don’t have any problems, we are naturally not afraid to investigate, but our approach is that there are problems, so we can’t let people do that. So I chose to compromise, so Zhenfang actually knew from the beginning that we had a problem, but he didn't know why he didn't break it. "Zhao Ting said suddenly: "It turns out that this is the case. It turns out that the document just represents the determination of the Buddhist monk, I understand. "

Seeing that Zhao Ting understood what she meant, Old Mu smiled and said, "So we can only deal with this matter like this. After all, President Zhen is notoriously fair and strict. The matter, the vice president above us can't protect us either."

Zhao Ting said anxiously: "President Zhen is okay. How should we explain to the vice president? Huang Jingchuan has already investigated and handled the matter. One of the vice presidents has already done it. What should we do about the anger of a vice president? It's really a fight between the gods and the little fishes and shrimps."