Opening up Stocks—the Opening of the Shanghai and Shenzhen Stock Exchanges and the Boom in Stock Speculation

This book mainly talks about the opening of the Shanghai and Shenzhen Stock Exchanges and the boom in stock trading. The main contents include: 1. The Shanghai Stock Exchange is open for business: Wei Wenyuan was ordered to prepare for the establishment of the exchange, China's stock market officially started, the exchange gave birth to major Shanghai stock market players, the exchange completed its first scale expansion, managers launched new technologies and futures, China's first capital merger and acquisition case occurred, illegal trading of treasury bonds occurred on the exchange, and the exchange continued to welcome international friends; 2. The opening of the Shenzhen Stock Exchange: Shenzhen officially established a stock exchange, the Shenzhen stock market suffered its first stock market crash, listed companies adopted stock rescue measures, Vanke stock was listed on the exchange, the exchange participated in stock rescue operations, a case of misappropriation of funds broke out in the Chinese stock market, the stock exchange took measures to stabilize the stock market, and the exchange continued to develop and improve equipment; 3. The Shenzhen stock market trend in 1992: Shenzhen stockholders became obsessed with subscription warrants, and millions of stockholders flocked to Shenzhen. In 1992, new stock subscription announcements were issued, and millions of citizens rushed to buy subscription warrants. Black market transactions caused public outrage among shareholders. The city government took measures to calm the storm. Investigation teams strictly investigated fraudsters. The 8.10 Incident prompted the establishment of the China Securities Regulatory Commission; 4. China's stock market craze: The Chinese government is supporting the development of the stock market, Shanghai and Shenzhen stock markets started at the same time, the stock market showed explosive growth in the Year of the Monkey, takeovers took place in the secondary stock market, all parties united to fight against the bear market, the China Securities Regulatory Commission took measures to regulate the stock market, the China Securities Regulatory Commission investigated and dealt with violations of the stock market, and the Chinese stock market created the myth of skyrocketing.