Hot money into the stock market in Wenzhou Sales Kushou SW 14-year climb to the top

 Hot money into the stock market in Wenzhou Sales Kushou SW 14-year climb to the top
2008   01   06   21:38 Weekly financial news financial weekly
the year of Tao / Wen
factors known to real estate Wenzhou in the extraordinary bull market in 2007, also could not resist the massive funds into the stock market. into the stock market within a year the number of Wenzhou is the sum of the past 16 years, 2 times. and 11 months, achieving a total stock of Wenzhou city turnover of 960.5 billion yuan, is the first 4 years, 4.4 times the total volume of transactions, each of the average trading volume of 3.08 million shareholders.
discouraged from before, to today's massive reached, the hot and cold, Wenzhou who completed a dramatic change in the concept of portfolio investment has served as manager of .1993 SW Qu Bing, general manager of Wenzhou construction business, it is witness to this process.
2007 year, the business department there are only 12,000 customers, to the end of the year, the number soared to about 58,000. its ranking in the Shanghai Stock Exchange's trading volume, but also by the first 318 in 2006, soared to No. 37 in 2007, within the Division in Shenyin Gong, but also pick to the first crown.
the history of a sales department, reflecting the thousands of investors and the stock market in Wenzhou is the alienation and close.
three changes of the flow of Bear cattle SW site
business department, established in 1993 in Wenzhou on May 18, rented the first factory in Wenzhou cable plant, the address in the Wangjiang Road Wenzhou City, only 380 square meters. because in the Oujiang River, is on the first floor, every typhoon, Sales Hall for stealing. The staff work no law, anti-sets as top priority.
ago, the Wenzhou only a warm letter of the securities business departments. Shenyin almost the same time, the Galaxy, Founder (formerly Zhejiang Securities) also entered Wenzhou .2007 October, with the Qilu Securities and CITIC Securities through the entry of the business department of Wenzhou City, to 10.
Qu Bing built only 31 years old that year, into 1983, the ICBC branch in Wenzhou, was already chief of branch credit. Shenyin originally belonging to the bank system, was ordered to take office building Qu Bing, then never left.
1997, the stock market improves, the business department in the small South bought a property, leave the original break plant, conducted the first move, the business area of 800 square meters.
2000 年 5 months, a time when the bull market, accounts, surge, 800 square meters of business area has long been inadequate. sales department then moved to the people of the way now address, area increased to about 2,800 square meters.
to the first half of 2005, after a 4 year bear market, to business customers in the Department of fewer and fewer stocks, retail investors even more doors to the Office of the cold. Some support the operation of the live, simply 600 square meters of retail to a withdrawal of the hall.
practice of rotation of the securities industry, managers are often dry for two or three years a place, Qu-bing built in Wenzhou business department stay for 15 years, the country also are rare. let him happy, he intensive than a decade ago, have mediocre performance of the business department, and finally completed in 2007, the ornate sword turned ten years.
2005 年底
breath smell bull market because with real estate, coal and other high-return speculation investment channels, Wenzhou public enthusiasm for the stock market has always been low, many Wenzhou, and even equated the stocks and drug abuse, shunned. to early 2006, SW accounts, the sales department of Wenzhou, a miserable 9000, only 600 people per year on average, less than 2 a day account. Only 3.6 billion of client assets.
2006, the stock market from the bears turn cattle, timely business department seize the opportunity to turn fueled Wenzhou hot money, the business performance of the Department followed suit skyrocket.
To improve, the general trend to be up, and Wenzhou should not miss this historic opportunity. From this time on, I put almost all the energy is spent on how to attract industrial investment on the Wenzhou People in the capital, to stock up . seminars, continuing for 14 games.
Ping Qu Wenzhou, real estate agent also built, the old shareholders, and the housing market, the stock market go amphibious personnel operating department, held the housing market, stock market forum to discuss whether the private capital market and so should be fought problems, and in the local paper showed the multi-point to stimulate private capital to join the securities industry in Wenzhou enthusiasm.
2006 年 7 months out of the business department of Wenzhou's first fund supermarket to sell fund products, when the sale of Fund 3 billion.
other investment limited effect of the stock market to make money, coupled with timely guidance business department, Wenzhou, the number of investors to open an account, finally appeared in the WBC. Sales began waiting in long lines, the peak number of accounts opened during the day there are more than 500 households, the number can be worth one year bear market.
. climb in Wenzhou, Wenzhou SW champions
enthusiasm on the stock market, sales of the Fund was the most obvious. Funds in the period, although the SW staff to work overtime every day, still far to keep up with the number of people queuing to open an account, Some customers even miss the days of good prices and comments continued. Sales no way, just put 100 million into the conference room over the temporary large fund clients room. many eager customers line up in order not to be able to open an account, specifically a collection of relatives and friends funds, leans over 100 million accounts Baotuan.
is a typical example, Harvest Strategic Growth Fund was established in late 2006 when the total size of 41.9 million copies, only Shanghai Pudong Development Bank (19.65, -0.02, -0.10%) Wenzhou SW branch and sales office in Wenzhou had sold over 100 million copies, two of whom were Wenzhou bought 10 million copies of a one-time and 800 million.
2007, the business department fund sales 3.1 billion, accounting for SW 24.17% of the entire company, accounted for more sales of the securities industry in Wenzhou 70%.
business department of the indicators are there changes: In 2005, profit 3.25 million sales department, the following year of 1800 million about 2007 to 2.6 billion yuan, 14 times in 2006.
current SW sales department of Wenzhou has reached 58,000 the number of customers, only 41,600 in 2007 to new, customer assets reached 9.0 billion . new customers in five or six million of assets held for a client funds account for 40% of large retail investors showed a pattern of Wenzhou.
Wenzhou First, the Ministry of SW 109 in the volume of business and profits are also the first. , originally served as Vice President Lee was elected president of Qu Bing Jianshun.
would rather not finish the task, but also talk about the faith. Over time, customers recognized us, the phenomenon of the sharp increase in customers this year appears, it can be understood.