Chapter 29 The first banker: the stock is not good, if there is "virtue", it will be famous

In 1998, Delong invested 10 million US dollars to purchase the aircraft carrier Minsk.It was the decommissioned flagship of the Soviet Pacific Fleet.Tang Wanxin moored it in Shatoujiao, Dapeng Bay, Shenzhen, and built the world's first theme park with an aircraft carrier as its main body.This piece of news was a sensation, and from then on, Delong called himself "the aircraft carrier of Chinese private enterprises", and in the capital market, it was also described as an "unsinkable aircraft carrier". In the Chinese stock market, the "aircraft carrier" Delong is fixed and recited as the "No. 1 banker in the world".

Since 1996, the "Troika" under Delong has spread its hooves and run wildly in the Chinese stock market, setting a soaring record that has stunned tens of millions of stockholders.By March 2001, people saw the fact that Hunan Torch went through 3 times of allotment of shares, and 1 share became 4.7 shares. After the restoration of rights, the stock price per share rose from 7.6 yuan to 85 yuan, an increase of 1100 yuan. %; After 4 rounds of allotment of shares, the share price after reinstatement rose from 12 yuan per share to 186 yuan, an increase of 1500%; Xinjiang Tunhe also distributed shares several times, and the stock price after reinstatement was 127 yuan per share, an increase of 1100% %.

The three stocks controlled by a banker have all soared by more than 10 times within 5 years. The whole country looks forward to it, and there is no one else. Delong's title of "the world's number one banker" is really worthy of the name.For quite a long time, "Stocks are not good, but if they have 'morality', they will be famous; if they are not afraid of high prices, they will be successful if they have 'long'", which has almost become the only way for Chinese stock investors to make money. Delong's management skills are actually very simple. Its "old three stocks" and "new three stocks" are all under full control, and four of them have more than 30% of the equity ratio. Banker".By continuously releasing good news and using the concept of integration and reorganization, he raised the stock price step by step, and then profited from it.According to calculations by Professor Lang Xianping of the Hong Kong University of Science and Technology, who is proficient in financial analysis, by March 2001, the Delong banker had made a total of 5.2 billion yuan in profits from this activity.Among them, the turnover rate of Hunan Torch has reached 440% since 1997. Based on the banker’s holding cost of 18 yuan, the book profit is 1.9 billion yuan; the turnover rate of Alloy Investment has been 400% since 1997. Based on the stock price of 12 yuan per share, the book profit is also 1.9 billion yuan; Delong entered Tunhe, Xinjiang in 1996, and the turnover rate is also as high as 400%. Based on the cost of building a warehouse at 20 yuan per share, the book profit is 1.4 billion yuan.

In December 2004, Tang Wanxin, who had been placed under house arrest, wrote a long letter to the leaders of the State Council, in which he confessed to his behavior of being a manor.He cited Jinxin Trust as an example and said: "It took more than three years to develop a trust with bad debt assets of nearly 400 million yuan and annual losses of tens of millions of yuan into a trust with assets of tens of billions of yuan and profits of nearly 100 million yuan. Big Trust, until 2000, has accumulatively earned more than 3 billion yuan in profits for its clients." Another fact is that most of the funds used by Delong to build warehouses are bank loans and high-interest private equity funds. Therefore, a huge accomplice structure has been formed, and the profits of the profit-making group far exceed Delong's own profits.According to Tang Lijiu, a Xinjiang scholar who has followed and observed Delong for many years, disclosed in the book "Deconstructing Delong", "During the whole process, the relevant financial companies earned nearly 15 billion yuan in profits for their customers."

It can be seen from this that Tang Wanxin prides himself on being a "good village" and believes that he has achieved a win-win situation for enterprises, institutions and shareholders. Billions of money. Around 2001, the number of individual investors in China's securities market was around 30 million.In other words, Tang Wanxin took at least 500 yuan from everyone's pocket. His impressive achievements in this area are far higher than his achievements in industrial integration.