Chapter 1122: The Persuasion of the Royal Institute of Technology

When Chen Lifu was deeply involved in the struggle within the Financial Department, the domestic securities industry was in turmoil!

At the beginning, more than a dozen large securities companies were directly suspended from trading, suspended business and subject to investigation, but this suspension did not last long, and the actual impact was not too great, because it was only a few days or half a month before all trading resumed.

The big impact is that the Securities Department investigates almost all the stock transactions of the two exchanges, and their investigation is not about finding anyone to operate in violation of laws and crimes, they don't care, they only do one thing, that is, to find loopholes!

Then, according to these loopholes, we propose targeted methods to plug these loopholes one by one!

It is conceivable that once the securities department plugs these loopholes, then the operation methods used by brokerages in the past will be useless.

Not many people know what the securities department is doing, but there are definitely a lot of them, at least those large securities institutions that have connections and connections have basically received the news that the securities market is about to change dramatically.

Many institutions have conducted internal analysis and discussion on this matter!

What to analyze, what to discuss?

Naturally, if these vulnerabilities cannot be exploited in the future, how to make money and make more money!

And these institutions are not only some ordinary private institutions, but even some enterprises under the Ministry of State-owned Enterprises are one of them, the most famous of which is a wholly-owned subsidiary of the Royal Assets Division: Third Securities Company!

The name of this securities company is a bit strange, and it sounds like it is the third largest company in the securities industry, but in fact it is not, because this securities company used to be the third investment department of the head office of the Royal Bank.

The structure of the Royal Bank is similar to that of modern banks, but it is also different.

The bank is wholly owned by the Crown Assets Division, so it does not have a board of directors, but it has a manager system with similar functions.

The highest decision-making body of the Royal Bank is the 'Managers' Meeting', which consists of more than 30 people in charge of the head office, directly subordinate department managers, and provincial branch presidents.

Under the manager's meeting, there are provincial branches and a number of departments, of which there are two major categories, one is economic research and the other is investment.

The representative of the economic research department is the Strategy Department of the Head Office, and the main function of this department is to study and investigate the domestic economic situation, formulate major strategies, and formulate major decisions for the development and investment of the Royal Bank.

The investment department is the first investment department, the second investment department, and the third investment department, the first department is responsible for policy business such as national bonds and local bonds, the second department is responsible for commercial loans, and the third department is responsible for securities market investment.

The business in charge of a department, which is all dealing with the government, has nothing to do with ordinary people, although the business volume is very huge, and it is millions of taels of silver, but there is basically no room for operation, the imperial treasury is short of money, and it is necessary to issue treasury bonds, regardless of the interest rate of this treasury bonds, even if you don't give interest, you Royal Bank has to go up!

If nothing else, just because the name of this bank has the word royal on it!

As a typical policy bank, the Royal Bank's job is not to make profits, but to maintain the financial stability of the empire and finance its development.

Investment Department II, that is to provide loans for various industrial and commercial business activities, in fact, this is the most important profitable business of the Royal Bank, the interest rate of loans in these years is not low, the annual interest rate of 10% or even 20% is very common, according to the financial laws of the empire, only the annual interest rate is higher than 30%, that is usury, and less than 30%, that is legal.

The Royal Bank manages more than 200 million taels of assets, although these money does not need to pay interest, but it will not be moldy, not to mention that the management of these assets requires costs, the Royal Bank's business outlets are located in every prefecture, even in Osumi Prefecture, Ryukyu Prefecture, which is a branch of the Royal Bank.

To maintain the operation of so many outlets, the cost is not a small amount, and if you don't lend out these assets to earn interest, you can't support a stall as big as the Royal Bank.

The Investment Department III, which was established only in recent years, is a department specializing in securities investment.

However, after the gold mine crisis, after the enactment of finance-related laws in China, according to the law, any institution engaged in securities investment must be registered and approved, and obtain a trading qualification certificate before it can engage in securities investment.

At the same time, the possibility of commercial banks engaging in the securities industry is restricted, and in addition to not engaging in non-bank financial business and non-government bond business, a new policy promulgated after the gold mine crisis has directly eliminated the possibility of commercial banks directly participating in securities and other high-risk investments, and has ensured the safety of depositors' deposits.

Therefore, in order to better conduct business, the Investment Department of Royal Bank No. 3 simply became independent and became a wholly-owned subsidiary of the Royal Family Assets Division, and the name also followed the old name of the Investment Department No. 3, which was called the Third Securities Company.

The Third Securities Company, although it has a strange name, is the most powerful brokerage company in China, with assets under management of more than 10 million taels of silver.

These more than 10 million taels of assets are not transferred directly from the deposits of the Royal Bank, because according to the relevant laws of the financial industry, banks are prohibited from engaging in non-bank financial business, nor are they allowed to engage in bond business other than government bonds.

This is to control risks and ensure the safety of deposits.

At that time, it was precisely for this reason that the third investment department was spun off from the Royal Bank!

However, even if it is spun off, relying on the relationship with the Royal Bank at the beginning, Third Securities Company also directly relies on the many branches of the Royal Bank to issue various investment bonds, and then raises funds to participate in venture capital.

Most of the company's assets under management are in the stock market and corporate bonds, which is an indispensable force in the current imperial stock market.

Nowadays, the domestic securities market is about to change, and the third securities company naturally needs to find countermeasures!

Although they are a wholly-owned subsidiary of the Royal Assets Division, which can be regarded as a semi-official background, in the Empire, let alone the enterprises belonging to the Imperial Assets Division, even those enterprises belonging to the Ministry of State-owned Enterprises, they must engage in business activities under the legal framework in a proper manner, otherwise, they will die a miserable death.

The heads of the Third Securities Company are not officials, although the employees of the Royal Assets Section can be regarded as employees, but the Third Securities Company is not, they are all professional managers, and making money is their foundation.

In the Shanghai Business Zone, the headquarters of the Third Securities Company is in an inconspicuous three-story building on the edge of the Huangpu River, if it were not for a small signboard of the Third Securities Company hanging at the door, it is estimated that no one would know that this is the location of the largest securities trading company in China!

But even if you don't know, most of you can guess that this small building is definitely not an ordinary building, because this is Huangpu Road in the business district.

The trade zone, which was set up for overseas trade when Shanghai opened to trade, has gradually changed in recent years, because of the large amount of capital pooled, so various financial services industries and other commercial companies have also emerged here.

Unlike the Dongcheng District of Jinling City, which is a whole new urban area, and there are a large number of large enterprise headquarters along Jiangdong Road, there is no headquarters of super-large-scale companies in the business area, but more companies in various trade, finance and other industries.

Later, because the Shanghai Stock Exchange was established here, it attracted countless securities companies and even banks to open branches here.

The Huangpu Road on the riverside has gradually become a concentration of trade, finance and other fields, here, there is the headquarters of Datang Dongyang Trading Company, there is also the headquarters of the Yangtze River Shipping Company, there is also the headquarters of the Zhili Textile Bank, the Shanghai Stock Exchange is also here, and the Third Securities Company is also here.

The land price in this small place has risen dozens of times in the past few years, and companies without some strength can't occupy a single building here.

And today, in the small building of the Third Securities Company, more than a dozen people wearing brocade robes are sitting together, these people are wearing silk brocade robes, and some are holding folding fans.

Well, the costumes of the Tang Dynasty follow the ancient tradition, the official costumes are mainly Confucian, and the clothes of ordinary people have basically not changed, so when you see a large group of people wearing scribe brocade robes and talking, don't think that they are talking about poetry and poetry, maybe people are discussing the stock market.

When everyone exchanged ears, the door of the conference room was opened, and then a young man walked in, his face was white and beardless, and his figure was not tall, at most he was in his early twenties, and this young man was still wearing a gray and white Confucian dress that ordinary scholars often wear, which was no different from the scholars in Songjiang Preparatory School and Shanghai Normal School.

But after this person came in, the dozen or so people in their thirties and forties in the room immediately stopped chatting, and then stood up in unison!

Without waiting for these people to say anything, the young man just stepped forward and sat down directly, and then said: "I don't have much time, I have to go to the exchange to meet the inspection team later, let's start!" ”

This young man sat on the throne of the Lord, and he was the highest position among all of them.

Immediately, a man in a brocade robe in his thirties said: "The general manager's time is precious, and his subordinates will not delay your time too much, so let's start!" ”

As he spoke, he took out a document from the table, and then said: "General manager, colleagues, this time the person who came was not good, this is a document I got from the inspection team, which lists all kinds of trading methods that they are about to prohibit, you can take a look!" ”

After the document was circulated, everyone's brows were even tighter!

One of them even slapped the document on the table directly, and then said: "They are deceiving people too much, this is not allowed, that is not allowed, how can we make a profit, this is not profitable, the investors are afraid that they will be removed immediately, and then our company's funds will collapse instantly!" ”

"Yes, since the investors let us manage the money, and take such a big risk, isn't it for high profits, if there is no profit, the investor will definitely withdraw the capital, now all walks of life in China, but there is no shortage of investment opportunities!"

Everyone was talking, but the young man above slapped the table directly: "Shut up, what is the noise, is it useful to quarrel?" ”

Seeing that everyone was shut up, the young man took out a stack of documents from his file bag again, and then said: "This is a solution that I consulted the old students of the Royal Institute of Technology, there are only a few ideas, everyone will see if there is anything to add!" ”

Hearing this, everyone instantly flashed a trace of surprise, and one of them said: "Is it a plan made by the Economics Department of the Royal Institute of Technology?" ”

"If it's a solution made by the adults in the economics department of the Royal Institute of Technology, you don't need to look at it to know that it is feasible!"

"Or the general manager has a way, worthy of being a high-achieving student who graduated from the Royal Institute of Technology, and can also find the adults of the Department of Economics to give advice, when I heard that the Son of Heaven formulated the economic strategy of the empire, I need to refer to the report of the Department of Economics!"

Hearing everyone's praise, the young man at the top frowned slightly!

Born at the Royal Institute of Technology, this sounds lofty, but he is just a student in the economics department of the Royal Institute of Technology who could not pass the promotion exam, and was finally kicked out and persuaded to quit!

This person's name is Tian Ping, from childhood to adulthood, he is a prodigy and genius in the eyes of outsiders!

He was already well-read at an early age, and at the age of fourteen, he was admitted to the Juren, but he did not participate in the subsequent imperial examinations, but continued to study at the Jiangnan Preparatory School, and then was admitted to the Royal Institute of Technology at the age of sixteen.

But after being admitted to the Royal Institute of Technology, he found that he was a genius in the eyes of others in the Royal Institute of Technology, and he could only be regarded as a mediocre person!

In the Royal Institute of Technology, which is full of geniuses, he failed the promotion exam in the first year and became a repeater!

After struggling for six years at the Royal Institute of Technology, he was still a junior with no hope of graduating......

Then, and then he was dissuaded......

The CEO of the largest securities company in China is just a student of the economics department of the Royal Institute of Technology, which sounds ridiculous, but this is the truth.

Not only him, but also the general manager of Songtong Textile Company, the largest private textile company in China next door, is also a retired student of the Royal Institute of Technology.