Chapter 254: Adventurer's Paradise

Jing Jian was not interested in such a battle of wills. Looking at the long term, in the past 180 years, Baodao will be a province of China after all. In fact, it doesn't take decades for Baodao to be reduced to a sub-provincial city that is not as good as the mainland - Nanwan. Anyway, I just want to make money this time, so I will leave it to Baodao Love, let Baodao be full of love, and let them use love to generate electricity!

took a sip of juice: "I admit that the economy of Baodao has been very good in recent years, but the hidden dangers are also not small. First of all, the exchange rate has been rising rapidly, from NT$40 to NT$33 now in just two or three years (talking about the exchange rate of 1 US dollar). If you don't mention me, are those international tour capitalists blind? Will they let go of this table full of Han people? They will definitely flock in, but the financial supervision and control of the treasure island ......? Hehe, Brother Hu, to say something that doesn't matter, it is like a fictitious thing, and the collusion between officials and businessmen is almost equal to nothing. However, there is always a need for superficial efforts, and such a large amount of money will never be simply arbitrage profits. There are only two directions - stock market and real estate!"

Listening to Jing Jian's introduction, whether it was Hu Qin or Jiang Zhijiao, they all listened quite seriously.

"How much has the real estate risen? Brother Hu, you are from Baodao, you should have the most right to speak. By last year, in October 1986, the Treasure Island Weighted Index had crossed the 1,000-point mark. Then, in just four months, that is, now, it is already more than 1,300 points. I expect that in less than half a year, it will definitely exceed the 2,000-point mark. ”

"Now Baodao is very rich, and the middle class in Baodao has a lot of money in their hands, but they have no investment channels at all, so they can only buy stocks. Isn't it a joke that there are only more than 100 listed companies on a huge treasure island? Stock trading is only allowed for half a day? International capital has taken the lead in speculation, local capital has made waves, and in addition a huge amount of money from the people of the treasure island has all poured into that small stock market. What is even more ridiculous is that your treasure island has no supervision over finance, and it is easy to make a bank and manipulate stock prices, and there is no slightest supervision or punishment?

Helping his glasses, Hu Qin frowned slightly: "Jing Shao, I sincerely ask for advice, what do you think will happen to the Baodao stock market?" Anyway, Microsoft's successful operation has made Jing Jian famous. Opinions on investment markets such as stocks will be somewhat respected.

Jing Jian smiled slightly: "Within this year, more than 4,000 points ......"

"Huh?" Hu Qin and Jiang Zhijiao exclaimed in unison.

Glancing at them, Jing Jian continued: "After 4,000 points, there will be a large downward adjustment, generally about 50%. However, the enthusiasm for investment will not dissipate, and it will fight back again, entering a crazy bull market, and the weighted index will definitely exceed 10,000 points......" looked at Hu Qin, and found that his face changed slightly, Jing Jian smiled, "Then, 'bang-', the bubble burst, and many people jumped off the building!"

Ignoring Jing Jian's last sentence, Jiang Zhijiao's eyes were already "bright": "1,000 points to 10,000 points? Can you earn 10 times?"

"Huh. Jing Jian smiled, "Brother Jiang, it's 7 or 8 times." However, the meal has to be stuttered, and the first stage is 4,000 points for half a year. However, it can only be guaranteed to be doubled, and we have the news to follow it, so we can earn some pocket money, and we can't eat a lot of it. Brother Jiang, do you understand?"

"Understood, understood. Jiang Zhijiao secretly thought, isn't it just that those big conglomerates and big families have teamed up to grab money, and Jing Jian, the second ancestor, relies on inside information?" Brother Hu, how are you?"

"I think about it. Hu Qin's expression struggled.

Jing Jian didn't seem to care: "I'll just wait for three days, and act immediately after three days, White Lotus will open a branch in Baodao to cover the flow of funds." Anyway, Baodao will never dare to offend the American company, Dongying is his father, and the United States is his grandfather!"

The reason why he will take advantage of the relationship between Jiang Zhijiao Treasure Island is because Jing Jian at least wants to be "legal" step by step on the surface, and also in order to reduce possible troubles in the future. In fact, it really doesn't work, is it very difficult to use Hong Kong banks to get funds in and out of Treasure Island? Could it be that the famous underground banks on Treasure Island are all fake? It is nothing more than an extra handling fee.

Treasure Island is a paradise for adventurers and speculators all over the world in this era. A group of shareholders without the slightest sense of risk, only more than 100 listed companies in the stock market, private money can drown the instep, and there is no other investment channel. And it is such a "small exchange", which is actually ranked after New York, London and Tokyo, and is the fourth largest exchange in the world. Even the daily trading volume used to be the first in the world, not to mention the turnover rate, and investors only know that they can make the difference in and out, and there is no concept of long-term investment at all. And any fundamentals, technical indicators are useless, here, only "with the bookmaker", "friends have inside information...... Isn't it similar to some of the "cute" investors in the future mainland?

Moreover, what is more exaggerated than the future mainland is that under the pressure of Europe and the United States, Baodao believes in a policy of financial freedom, and there is no supervision at all, and the entry and exit of hot money is quite convenient. In particular, corruption is rampant and officials and businessmen collude, and on the streets, those underground banks and underground stock exchanges can open their doors openly, or even turn a blind eye to those illegal margin financing and securities lending.

If the regulation of the United States is that there is no wind and a three-foot wave, the supervision of the treasure island is that the tornado is fine!

……

Sure enough, after a whole weekend of silence, the SEC began to fight back: "...... The SEC is committed to protecting the healthy development of the U.S. securities market and welcomes investors from all over the world, including China......"

“…… Our questioning of Mr. Bramble was routine and ordinary, given that his acquisition of Microsoft had a significant impact on him and was not offensive to him. The SEC would also like to express its sincere gratitude to Mr. Bramble for his close cooperation......"

“…… After our preliminary investigation, Mr. Bramble did not have any irregularities in the operation of the stocks. And there is no evidence that it manipulates the stock price. So on this point, as Mr. Bramble himself says, he is completely innocent. But ......"

With this "but", the heavy fire of the SEC began to sound: "However, there is a problem that is very puzzling. In all public media reports, it is Mr. Bramble's privately owned White Lotus Network International, note that it is this company, its acquisition of Microsoft shares. In practice, however, all of this was done on Mr. Bramble's private account. Therefore, we at the SEC need a reasonable explanation!"

I have to say that the US Securities and Exchange Commission is bad, and they are very vague to guide public opinion, pointing directly at Jing Jian - tax evasion!