Both sides are the main force of the event and the main force of the bears. At that time, Guan Jinsheng, the boss of the world, held a large number of empty orders on the "327" national debt futures; On the contrary, China Economic Development Bank holds a large number of orders. To put it simply, the fight between the two sides is a contest of funds. Both sides have a large number of followers, and for a long time, the disk was evenly matched until the Ministry of Finance issued a "discount" announcement, which was a good thing for bulls represented by CDB, and rose with a gap that day. The bull rejoiced. But the most dramatic scene is that in the last eight minutes of the day's trading, Guan Jinsheng personally traded and actually threw out 654.38+005.6 million yuan (* * * 265.438+065.438+02 billion yuan of national debt) (at that time, the total amount of national debt was only 24 billion). Now it is the turn of the main bear and his followers to cheer. However, the management declared the last eight minutes of the transaction invalid. This made many retail investors cry from laughter, and some cried into laughter.
The next day, the nations were run, and the treasury bond futures market was closed three months later. Five months later, Guan Tianlang was charged with dereliction of duty, embezzlement and corruption. However, because there was no corresponding law to apply at that time, there was no such thing as "violation of futures trading rules".
As for the opening of the giant panda in Zhongjing, it was later planted in the "Yinguangsha Incident" and I found a lot of information on the Internet.
2. Delong and Southern Securities in Xinjiang: In the history of CITIC Construction Investment, they used to be sex giants. The similarity of their failure reasons lies in that they all operated against the trend in the bear market, especially the Zhuang shares of Delong Department in Xinjiang, which actually smashed funds and struggled to keep the stock price from falling. It's a pity that "a building will fall down, but one tree is hard to support", and the capital chain is complicated (there were stock mortgages and loans, and the borrowed money was constantly put into the market, which would trigger a domino effect once something went wrong), and the capital chain was broken and suffered greatly.
Tired, don't want to fight, just write these.