Chapter 5 Chapter 03 His Stocks——The Mayor's Wife Gathered Money and Earned Overwhelmingly

Li Qingyuan Wu Shuzhen made a lot of money playing stocks?Even the wealth in the account of the only son has skyrocketed, and A-bian and his wife's wealth-gathering skills are eye-catching.After four years as "the mayor's wife" plus one year as the "former mayor's wife", the market value of Wu Shuzhen's stock has entered the 50 million yuan mark. It’s actually not a big deal for a high official’s wife to play stocks. However, if the high official’s wife is involved in speculating in stocks; Resources and enjoying privileges are really more terrible than corruption.

In other words, during his tenure as mayor of Taipei, Chen Shui-bian raised more than 100 million yuan from large financial groups through the Taipei City Cultural Foundation, and used it as a resource to shape his personal image; The concept is actually the same, it is the private use of public tools, it is the manipulation of political resources, the enjoyment of privileges, it is an act of breaking the law and discipline, and the mentality and behavior are worse than corruption. The Kuomintang has been in power in Taiwan for more than 40 years. Manipulation of privileges and corruption have long been disgusting; and in counties and cities governed by the DPP, where the local power is huge, similar situations are increasing, and the differences are only big or small; More or less.The mastermind behind the multiplication of the Chen family's wealth?

Who is Wu Shuzhen?Is the stock market super rich?The answer is of course "no".Wu Shuzhen is the wife of the mayor of Taipei and the wife of Chen Shui-bian, a heavyweight in Taiwan's political arena today.Wu Shuzhen plays many types of stocks. Most people in the industry know that she often goes in and out of the VIP room of the Securities Department of Yongchang Investment and Trust in Minsheng Community. I don't even admit it, it feels quite mysterious. In the "house" of the stock market, most people want to enter the VIP room to play stocks and enjoy "special treatment". He was kicked out.

Frankly speaking, it is really sad to blame a mayor's wife who has limited mobility and is considered weak.However, from the perspective of exposing injustice, upholding justice, and fulfilling the responsibility of public opinion, it must be another matter for a mayor and wife who has huge municipal resources in the "capital of goodness". The mayor's wife is very good at manipulating stocks. Most people in the industry know very well that Chen Shui-bian has grown from small to big within three to four years after being elected as the mayor.However, the mayor's family worshiped the "mother of the family" magic fortune, and their wealth was still accumulating rapidly. The total market value of the stock accumulated during the first three years of mayor Chen's tenure alone has skyrocketed from the original two to three million yuan. 267 million in 1997.Just looking at the books is enough to make ordinary citizens envious.By the beginning of 2004, the total market capitalization of its stock had reached 50 million yuan, and the number of shares reached 1.5 million.

Market experts believe that the stock market is basically a "zero-sum game", where someone wins and someone loses money, one radish and one pit; Judging from the total market value of the increased holdings as high as about 17 million yuan, I am afraid that every gamble must win. How can Wu Shuzhen be able to make money?When she entered the VIP room to trade, did she use her privileges or courtesy?Is there any hype involved?Have you used city government resources to engage in insider trading?Which stock is the trader in?A series of questions, I believe ordinary citizens would like to know the inside story.

The most suspicious and highly interesting thing for college students is that Mayor Chen Shui-bian’s eldest son, under the account of Chen Chih-chung, who was studying at National Taiwan University, actually had 145 shares of the unlisted company Nanya Technology in 1997. (145,000 shares), if calculated based on the average price of the market dealers’ announcements at that time, it would cost at least five or six million yuan to buy it. For a college student, where does such a huge amount come from?Is it suspected of illegal trading of unlisted stocks?Is there any gift tax evasion?Unlisted stock transaction tax?Or the so-called "remunerative shares" etc.?All to be clarified.

One of the possible situations is that the mayor's wife bought Chen Zhizhong's shares in Nanya Technology for him.The mayor's wife has been tumbling in the stock market in recent years. Where did she get the money?If you want to find the answer from the property declaration files of public officials in the Overwatch Council, you are bound to be disappointed.The so-called "smart people never use bricks to smash their feet", since they dare to declare, they are not afraid of being investigated. Unless the content of the declaration is an unlisted stock that even they do not understand, they will inadvertently show their flaws.The inside story of the transaction attracts attention

In addition, since the Taipei City Government approved the land development project of Weijing Group Tangrong, it has continuously released news that it will gradually open industrial land in Taipei to residential and commercial land before the end of 1998; Is the behavior of the big consortium asking for money related?The name of the land was changed, and a consortium made billions of dollars in an instant. Viking Group, Shin Kong Group, Evergreen, Cathay Pacific, etc. all benefited. No wonder the outside world will question Bian's show of favor to the consortium and donate money to the cultural foundation It is the previous money; if A-Bian really sent a big gift, what is the later thank you?In order to seek re-election as mayor, will A-Bian first benefit from the consortium, and then himself in the end?Taipei citizens may not be able to see clearly even if they open their eyes.

Commonly known as "election spends a lot of money, money is easy to do."Chen Shui-bian, who received funding from a consortium in the past and established the Formosa Foundation, is not ignorant of the rationale and benefits of it.From the end of 1997 to 1998, asset stocks in the stock market, such as Xinfang, Shizhi, Xinxin, Zhonggui, and Jinghua's stocks continued to strengthen against the trend. In fact, they were all related to this. , the major shareholders of the company, etc., had already made a lot of money from the stock market long before the land was changed, and no one in the market knew about it.

Wu Shuzhen is the wife of the mayor of Taipei, and she is close to the water. She often plays more than a dozen stocks at a time.If you want to see Wu Shuzhen's "wealth gathering technique", you have to look at the mystery from the VIP room of the Securities Department of Yongchang Investment Trust. Xu Bowei, the chairman of Yongchang Investment Trust, was originally the general manager. In 1997, he was dismissed from the position of general manager by the Taiwan Securities Regulatory Commission for violating the provisions of the Securities Exchange Law. number" general manager.

Everyone in the old stock market industry knows that Xu Bowei is a well-known figure of the older generation. Before the stock market opened up significantly, he was recognized as a master of marketing and advance money. The former police commander-in-chief Chen Shoushan is his father-in-law; It's his cousin.Xu Bowei has always been regarded as a speculator in stock market operations. He was dismissed in 1997, and the stock market reflected that it would be a matter of time. Can Wu Shuzhen be uninformed in this environment?Of course, they will more or less exchange information with the market faction, communicate with each other, and then enter the market to play with it. Besides, the stock market fluctuates frequently. It is a fact that Wu Shuzhen, who holds the title of mayor's wife, may be chosen, and it is not surprising that Wu Shuzhen, who is leading the title of mayor's wife, may be favored.During Mayor Chen's tenure, Xinxiang Art Organization received an event approved or co-organized by the Taipei City Government. It was widely rumored that this was somewhat related to Wu Shuzhen's stock playing in the Yongchang VIP room. Wu Shuzhen should clarify whether it is true.Using head accounts to secretly seek profit? So what stock does Wu Shuzhen operate?Of course, it was not found in the materials that Chen Shui-bian reported to the Overwatch Council. The so-called "where there is land, there is wealth".Large investors in the Taiwan stock market have always preferred to speculate in asset stocks for many years. Generally, small retail investors have a particularly strong habit and interest in chasing highs and killing lows. In addition, there are many speculations on asset stocks, so they have always maintained a considerable weight in the changes in Taiwan’s stock market. , with index properties.It is easy to speculate and sell for profit. It is the favorite of big stockholders in the stock market. If the shareholding exceeds 50%, market speculators can resort to acquisitions and mergers, and become the big boss of a listed company with two sides. , where the fun and sense of accomplishment have a strong appeal. At the beginning of 1998, when the Taipei City Government spread the gossip, threatening to relax the industrial use of land for residential and commercial use before the end of 1998, all of a sudden, the vertical and horizontal alliances and intimate relations between the Taipei City Government and businessmen also developed. Expand one after another.Shin Kong Group donated money to the Taipei City Cultural Foundation; secondly, the strong growth of asset stocks such as Xinfang, Shizhi, Xinxin, and Zhonggui; It is also a natural thing that there will be rumors in the account that Wu Shuzhen is secretly using the bank account advances to buy and sell stocks at this time. What's more, people who use political and business collusion to speculate in stocks are not stupid. The mayor's wife diverted the speculative money earned from the stock market into electronic stocks with promising prospects, or bought 145,000 unlisted shares of Nanya Technology for her precious son Chen Zhizhong. Stocks, there is a considerable degree of deceitful calculations.Poor people's cemetery accumulate rich people's wealth In addition, market participants also pointed out that during April and May 1997, when the Taipei City Government strongly enforced the demolition of the houses of the poor in No. Use human heads to buy and sell Xinxin stocks.Xinxin Volkswagen is located next to No. 14 and No. 15 parks. Chen Shui-bian planned to demolish No. 14 and No. 15 parks. The land of Xinxin increased, and was involved in the hype by "A Ding" Chen Xianbao, a super tycoon in the stock market at the time. After the park was successfully demolished, Xinxin The stock price rose sharply. In just one and a half months, it went from 63 yuan per share to 127 yuan per share without returning. Such a sharp rise more than doubled the increase. If the rumors were true, Wu Shuzhen would make money from it. How much money was paid is still a mystery. It has long been an indisputable fact that "A Ding" in the market uses his tens of billions of funds to buy and sell stocks in major houses. As an expert in stock market mergers and acquisitions, he once shocked the stock market by transferring Weiquan's holdings to help Tingxin Group's Weijia acquire Weiquan. In 1997, during Xinxin’s M&A battle, “A-Ding” wiped out all the stocks in the market in one fell swoop with his tens of billions of capital, including Hualong Weng Daming’s shareholding in Xinxin, which was also wiped out. Fifty percent; Ading's party-government relationship is very good, he has a close relationship with the then Legislative President Liu Songfan, and has a close relationship with Zeng Zhengren, the president of Taichung SOGO Guangsan Group. It is understood that after Guangsan Group made its fortune in central China, it was eager to expand the territory of Taiwan's department store industry, so it made a plan to go north to conquer the world and grab land; and the first target to be photographed was Xinxin Public Department Store, Xinxin's land The reason for the increase obviously depends on whether Mayor Chen Shui-bian can strongly demonstrate his determination to demolish the residents of No. 14 and No. 15 parks. In that battle, Zeng Zhengren first coordinated with "A Ding" to intervene in the market and wiped out Xinxin's stock, and then "A Ding" transferred his holdings to Guangsan Group. It should have a great chance; but in the end, the news leaked out, and Xinxin failed in the end due to the strong resistance of Xinxin’s original major shareholder, the Retirement Association, and the ineffective success of Guangsan’s funds.Although Guangsan Group and "A-Ding" failed to acquire Xinxin, "A-Ding" was unscathed, and Xinxin's share price doubled. New Taiwan dollars. The mayor is an official, the mayor's wife trades in stocks, and the mayor's son benefits; it's great to be a family member of a high-ranking official.The Democratic Progressive Party is a copy of the KMT The DPP is a big opposition party with deep localization. Many of the officials (county mayors) and the central government are hereditary, and all of them bear the aura of "locality". Made a mistake, or embezzled money, and the common people are so disgusted by the hatred of the Kuomintang, they will mostly forgive the mistakes made by the DPP; It is the force from the vicious struggle of comrades in the party that will make some people disappear from the political arena without a trace and collapse miserably.The people in Taiwan are really lovely, especially the spirit of forgiving "our own people" is the cutest; look at the details of the political privileges enjoyed by the public officials of the DPP, I am afraid that after the DPP came to power in the year 2000, the poor in Taiwan will More and more, the poverty gap will also widen. As for Chen Shui-bian, what he has to face is: Why does Chen Zhizhong hold 145,000 shares of Nanya Technology?Is the gift tax declaration on the transfer?And is the transaction of unlisted shares of Nanya Technology involved in illegal activities?Is there collusion between officials and businessmen?Buying at a high price and buying at a low price (underreporting) involves evading transaction tax?Wu Shuzhen's speculation on asset stocks and other inside information?I'm afraid Chen Shui-bian and his family will have to wait for Chen Shui-bian and his family to clarify the series of questions to the society. (This article thanks to Luo Wen for writing and providing)