Chapter 367 Following the Government

Chapter 367 Following the Government

Gu Xiaoman greatly admired Yao Shula's mindset. When Yao Shula bought the Yuyuan Mall, she was determined to make a lot of money!

They looked so anxious, it was as if they wouldn't even notice if gold fell on the ground if they didn't join in the fun.

Seeing Yao Shula's state, Gu Xiaoman clearly didn't want Yao Shula to regret it later, so without saying a word, she suggested that Yao Shula use the money she had earned from the clothing store to buy stocks.

Yao Shula was so happy she almost jumped for joy.

And now? Forget about making money, you'd be lucky if your Yuyuan Mall shares didn't become worthless.

Gu Xiaoman didn't care; she really didn't care about this amount of money.

She was just a little worried about Yao Shula.

"Aren't you heartbroken at all?" Gu Xiaoman asked Yao Shula with a smile.

Knowing that the current situation is only temporary, Yao Shula doesn't feel sorry for anyone at all.

It's normal for stocks to go up and down. Yuyuan Mall was going to rise to 10,500 later!

"What's there to feel bad about! I bought it just to give it a try!"

What did Shuli say back then? He said that even if it becomes waste paper, we should still see what kind of waste paper it is.

Don't worry, it's not just waste paper yet!

Gu Xiaoman was amazed by Yao Shula's mindset.

See, Yao Shula lives such a clear-headed life; she doesn't care about money at all, she only cares about that feeling...

In fact, when Yao Shula couldn't sleep at night, she looked at the 700 shares of Yuyuan Mall stock in her drawer countless times.

If the price rises to 10,500 per share, then these 700 shares will be worth 7.35 million!

That's a huge sum of money in this day and age! Enough to buy an entire building on Huaihai Road...

To Yao Shula's surprise, Yao Shuli's side...

This kid poured so much money into it, and with the stock market in a slump, Yao Shuli only frowned for two days at the beginning, but quickly returned to normal.

Go to school when it's time to go, and come back for a meal when it's time to come back.

The only difference from before was that he had Yao Shula subscribe to a lot of newspapers, and the first thing he did when he got home every day was to read the newspapers.

In addition, he watches the news broadcast every day without fail, without missing a single day.

...

On September 6th of that year, the Shenzhen Composite Index hit a low of 45.66 points, a drop of 55 percent from the benchmark index of 100 points in April.

Everyone knows that the public has very little enthusiasm for participating in the stock market.

Many people who bought stocks early on are now devastated, feeling like they've thrown their money away without even a sound...

Yao Shula remained unhurried.

"Shuli, aren't you worried?" Yao Shula asked Yao Shuli with a smile.

Yao Shuli, who was holding a fruit platter and eating, immediately shook her head.

"Sister, why should I be in a hurry? This is something the government should be worried about, not something I should be worried about."

Besides, there's no use in me being anxious!

Yao Shula raised an eyebrow. How did this kid figure out that the government was in a hurry?

“Is the government in a hurry? Explain yourself!” Yao Shula sat down next to Yao Shuli.

Yao Shuli quickly handed the fruit plate to Yao Shula.

"Big sister, you should have a couple of pieces too!"

“I’ve already eaten! You can eat! I’m listening!” Yao Shula pushed the fruit plate back.

"Big sister, on April 21st, the day the Shenzhen stock index hit its daily limit down, the central bank announced an adjustment to deposit and loan interest rates. The deposit rate was lowered by one percentage point, and the loan rate was lowered by 0.7 percentage points."

On June 1st, the Shenzhen Municipal Government lowered the stamp duty rate for equity transfers from 0.6% to 0.3%, which was levied separately on both the buyer and seller.

On August 19, the Shenzhen Municipal Government held a meeting for entrepreneurs, hoping that the participating entrepreneurs would actively participate in the stock market.

Following this, on the 21st, 23rd, and 25th, the Shenzhen Municipal Government successively invited entrepreneurs to participate in meetings to support the market.

But the results were still not good.

In overseas stock markets, even a single one of these measures can heat up the stock market.

But this is China, and the stock market is not yet fully market-driven.

Therefore, although the Shenzhen municipal government has done so much without achieving good results, it has demonstrated its attitude.

That means the government wants the stock market to be good! They want the stock market to heat up.

That's why I said it's something the government should worry about, not something I should worry about.

The government will definitely accomplish what it wants to accomplish. If it hasn't, it can only mean one thing: it hasn't found the right method yet.

But this made the government realize one thing: what works abroad may not work domestically; China has its own way of doing things.” Yao Shuli explained to Yao Shula.

Yao Shula...

Yao Shuli is impressive! Her analysis is very insightful.

"Then when do you think the government will find the right solution?" Yao Shula continued to ask.

Yao Shuli thought for a moment before speaking.

"Big sister, we're just having a chat between siblings, right? I'm just sharing my thoughts."

Actually, the problem is quite simple. When all sorts of policies fail to work, it's time to think about some practical issues.

It's not that ordinary people don't have money; it's that they have money but they don't invest it in this area.

With so many people doing business now, everyone can easily make money by doing a little business, so people think there's no need to invest their money in the illusory stock market.

Moreover, the government has yet to provide a final definition of the existence of stock exchanges, and it's uncertain whether they will be abolished at any time.

At this point, the government should allocate funds to the market.

If the government is putting money into the stock market, will the public still think it's unsafe?

"As long as stocks rise and people make money, the public will willingly pour money into the stock market without needing any persuasion," Yao Shuli continued.

Yao Shula nodded repeatedly.

Indeed, in later generations, governments also implemented many measures to rescue the market, with the most effective being the injection of large sums of money into the market.

That's the real reassurance!

"Are you so sure?" Yao Shula continued to ask.

Yao Shuli nodded very seriously.

"Sure!"

"Guess roughly when?" Yao Shula asked Yao Shuli.

Yao Shuli frowned and thought for a moment.

"It should be soon! Perhaps the Shenzhen municipal government has already prepared the funds, but is just keeping it a secret from the public."

Shenzhen-listed stocks have already bottomed out; that money should be entering the market soon!

...

The next day was September 7th. As soon as Yao Shula opened the shop door and prepared to start business, the radio in the shop began to play the news.

The Shenzhen Municipal Government has prepared 200 million yuan as a stock market regulation fund, which will officially enter the market today!

Stimulated by this news, the Shenzhen stock market bottomed out and rebounded, marking the first successful government intervention to rescue the market!

This also made everyone realize that everything was fake, and that real money was the only effective and immediate boost!

To Yao Shula's even greater surprise, Yao Shuli's analysis of everything was actually completely correct.

Yao Shuli... has probably found the path that truly suits him!