Internal Reasons For Bank President To Expose Stock Market Rise

Although the fundamentals of the economy do not seem to be improving in the short term, I still have confidence in them.

The bubble is a reward for innovation, it may reward the wrong target, but what does it matter? Anyway, it is the ignorant masses who finally take the bill.

Many companies already have high people behind them.

They changed the company's abbreviation into "interconnection", "network", "cloud computing", "super energy" and so on.

This reminds me of the dotcom boom of the US in the last century, when the renamed American company and the Chinese company renamed in Jiangsu, Zhejiang and Shanghai found such similarities after crossing the ocean.

Here I met an old friend, the governor of a local bank, and called him Lao Wang.

"Can you tell me something about your banking business this year?"

We may have some early ideas, but if there is no evidence of grassroots research, then macro analysis is like a castle in the air.

"What are you going to talk about?" asked Lao Wang.

"Talk about the biggest problem you face this year."

"The most important problem this year is the issue of assets.

Can you enlighten me on what industries the assets are suitable for? We can not find any direction now.

Lao Wang asked me in turn.

"Do you mean that the problem of asset delivery is that the loan can not be released?" I asked.

"Yes."

"Why?" I asked.

"Last year and this year, the risk spread in our guarantee circles is very serious.

In the past few years, although there were also problems of guarantee, those were small businesses, not our target customers.

They went bankrupt, belonging to backward production capacity and eliminated targets.

At the beginning of last year, some large companies' capital chains also started problems. These enterprises are mutual insurance companies of our bank's marketing partners. When they have problems, a large number of enterprises will not be able to make loans.

We are very upset now. "

"Do you mean that the problem is more serious now than in 2012?"

"Yes."

"Then what solution do you have?"

"There is really no good way now. No assets are reliable and can bring profits."

"Don't you know about this difficulty? How can they guide you?"

"Now we are called around the listed companies.

The stock market is so good that it is relatively safe to do financing with listed companies. "

I understand, this year, through this bank channel inflow.

The amount of money actually stood at half of the assets.

Sure enough, after losing the two powerful money making machines of real estate and manufacturing, the stock market turned into a depression of capital flow.

I began to understand what he said.

In such a difficult situation of the real economy, huge funds can not find a high return investment target.

"You do not lend money.

How can we solve the problem? "

"Now they

Quite a lot.

A few days ago, I had a client who had not received 30 million of the bank loans. Recently, the new three boards were launched, and a private placement was made, which actually raised 50 million! "Lao Wang said.

It seems that multi-level capital market is exerting its resource allocation function, I think.

The risk control system of banks is lagging behind. Direct financing is taking the place of indirect financing. In this case, it is not a bad thing for the capital market to be hot. At least for the sake of the economy, where is the capital that has not gone crazy and where to reward the premium of innovation?

The old king asked, "how can we do that?" to tell the truth, it is difficult now.

Banks are becoming disadvantaged groups, and it is hard to develop without reforming themselves.

It is still up to us to get a slice of the fast developing capital market.

China's society and economy are likely to be on the eve of a great change, and the stock market's agitation reflects this.