Li Yao quickly operated on the platform and understood: "The stronger the strength of a cultivator, even if his stock price is, the higher the price?"

Zhao Hongguang said: "This is the case in theory, but the actual situation is much more complicated, which is related to the age, background, social relations, and the dividend distribution method of the cultivation coupons."

"For example, a monk named Jiedan is over 200 years old. No matter how strong he is, the 'stock price' will not soar too high unless he has great hope of forming a Nascent Soul. This is easy to understand. Time is unforgiving and there is no potential."

"For example, a cultivator has made a breakthrough, but his direct competitor has made a bigger breakthrough, so the 'share price' of this cultivator will be suppressed, and no one mountain can withstand two tigers."

"For example, a cultivator is not strong, but he recently needs money in urgent need. He gritted his teeth and issued a batch of cultivator coupons, with an issue price of 100 yuan, but he promised to pay a dividend of 20 yuan every year, which is naturally very popular, and the stock price has risen. As for whether it can be fulfilled by the end of the year, that's another story."

"More situation is that the strength of a cultivator has not changed much, but he claims to have discovered a new world of fragments or a new star sea wreckage. Naturally, his net worth has more than a dozen daily limits in a row."

"In short, the Xiuzhen bond market is the same as the stock market. It does not mean that the better the performance, the higher the stock price. There are ever-changing changes here, and it is also an infinite world with great depth."

"However, President Sha is also at ease. The Xiuzhen Coupon Market is managed by the 'Zhengchiang Commission'. Oh, it is the 'Cultural Coupon Supervision and Management Association'. For those cases such as releasing false news or insider trading, they will be severely punished!"

Li Yao nodded. He had heard of Cultivation Coupons before and knew that this was a mature, open and legal financial product. It was just that time was precious and he had never put in effort to study it.

In this way, listing yourself is a good way to quickly absorb the funds for cultivation.

After pondering for a moment, Li Yao raised another crucial question: "A sect will be listed and subject to strict audit and monitoring. Is the same true for a cultivator to go public?"

"If there is an organization that needs to firmly monitor every money I spend and know the progress of my cultivation in every field, how can that be done?"

Zhao Hongguang seemed to have considered Li Yao's concerns for a long time. He smiled faintly and said, "The situation of cultivators is quite special. Most of them have secrets that can't be easily shown to others. This is something that predecessors have long thought of."

"That's right, the Cultivation Coupon is just a general term, and there are various categories like cows."

"Some cultivation coupons must be made public every detail. After all, ordinary investors. Those ordinary people have handed over the money they have saved for a lifetime to us, and they must give us an explanation, right?"

"Funds were raised from ordinary investors. What kind of treasures have been purchased, what kind of cultivation have been carried out, and what step they have reached must be published regularly, monthly reports, quarterly reports, semi-annual reports, and annual reports, and none of them are indispensable."

"However, there is another kind of cultivation coupon, which does not ask for anything. As long as you can buy it freely and pay dividends on time, you can use this money to practice freely. As long as you don't find out by the China Regulatory Commission, you can do anything illegal with this money."

Li Yao was stunned: "The risk of the second type is very high, who will buy it?"

Zhao Hongguang smiled: "The higher the risk, the higher the return! The first type of 'transparent coupon' is a stable investment product. The dividends are very low every year and they are not very popular. The investment yield is a little higher than the bank's interest rate."

"The second type is called 'free coupons' in our industry. The risks are high and the returns are higher. If President Sha wants to issue free coupons, he must be prepared to get 100 yuan now and return 200 yuan or even more in three years."

Li Yao thought about it and said that with the development of Yaoshi Group and his own cultivation speed, the doubled borrowing in three years is not much.

Zhao Hongguang continued: "President Sha doesn't need to worry. Most cultivators issue 'combination coupons', which include both transparent parts and secret parts for their own free disposal."

"It is impossible that all the magical powers a cultivator practices are shameful, right? If so, can't he become an evil demon heretic?"

"Just like President Sha, of course, some core magical powers do not want to be made public, but there must be some basic magical powers that are not afraid of seeing the light."

"The cultivation funds you raise through the 'transparent coupon' can be used to practice these techniques that are not afraid of seeing light; and the true core magical powers are used to practice with the part of the funds you raise from the 'free coupon'."

"In addition, 'targeted magic coupons' can also be issued."

"For example, if you want to practice the 'Valorn Palm' today, it will cost 50 million yuan, so you can use the budget book to issue 50 million yuan of 'Valm Palm' targeted coupons'."

"You agreed with the investor that I would borrow 50 million today, which is specially used to practice the Viagra Palm. I will never use it anywhere else. Look, what materials I want to buy, what level of cultivation room I want to rent, how many sparring staff I want to hire, the total cost is like this, this, this."

"If you practice the Viagra Palm within five months, how much will you return with the principal and interest? If you fail to practice, how long will it take to return it."

"The targeted magic coupons issued in this way have a single purpose and are open and transparent, so they have very little interest and very little risk, and are also very popular among ordinary investors."

"You see, isn't it flexible and convenient to raise funds through combination coupons and targeted supernatural coupons? Are you not afraid of others discovering your secret?"

Li Yao nodded repeatedly.

With such mature financing channels, you can obtain a large amount of cultivation funds legally, efficiently and harmoniously. No wonder in the modern world of cultivation, there are much less things to kill and grab treasures.

After carefully studying the issuance of Cultivation Coupons, Li Yao's brows just stretched out, frowned slightly again and asked: "President Zhao, the issuance of Cultivation Coupons is not a matter of one day or one night. It also needs to be reviewed by the China Trust Regulatory Commission for a long-term review, for at least one year or two."

"And, issuing cultivation coupons does not seem to be the final decision of the business?"

"But I'm recently, it's best if I want to raise a lot of money within half a month."

"Since you have proposed today's meeting, you must have the best of both worlds?"

"Yes."

Zhao Hongguang did not go around the corner and directly threw out the transaction, "Issuing cultivation coupons. Of course, it is not the business of our Hengfeng Star Domain United Bank. Even if we submit the issuance plan now, it will not be reviewed within a year or two."

"However, our Hengfeng Star Domain United Bank, as well as the major sects in Hengfeng Star Domain and the three or four surrounding star domains, are very optimistic about President Sha's cultivation potential. I believe that your cultivation coupon will be successfully issued, and once it is listed, the price will soar quickly."

"So, we want to make a deal with President Sha. We will pre-subscribe a large number of cultivation coupons that you have not issued yet, or use this batch of cultivation coupons as collateral to lend you a large amount of cultivation funds first!"

Zhao Hongguang solemnly pushed a jade slip over, "This is our plan, President Sha, please see."

Li Yao inserted the jade slip into the crystal brain and browsed it quickly. He looked at Zhao Hongguang deeply again: "The amount is indeed very high, but the interest rate is higher!"

"Governor Zhao Yaoshi Group is in a period of golden development. It will take only a few years to expand, and its scale will not only expand ten times!"

"My own words also have a deep relationship on Tieyuan Star."

"At the same time, I also have all patents for combat power detectors. Some patents for Aurora Chain Saw Guns, you should know the value of these two magic weapons."

"As for my strength, not to mention it."

"Investing in me is extremely risky. The return is extremely high. Such high interest rates exceed my expectations."

Zhao Hongguang smiled without saying a word, looking at the old man Tianji beside him.

The old man Tianji seemed to be made of mud iron. He didn't say a word before, but he made his voice for the first time now. The sound was like a gear turning without any emotion.

"President Sha, in our 'evaluator' circle, divides the credit rating and risk level of a cultivator, or a sect into eight levels."

"The heaven and earth are mysterious and yellow, and the universe is vast and vast."

"The Heaven level is the highest level, which means a great future, unlimited potential, and is very safe, with no risks, and is worthy of strong investment."

"A cultivator or sect who are rated as 'Heavenly Level' can raise a large amount of funds at the lowest cost, and the interest on their borrowing will definitely not be too high."

"Your words are currently evaluated as 'Yu' by our 'Tianji Gate'. We believe that the benefits of investing in you are of course high, but the risks are also great. It is recommended that major institutions invest cautiously and individual investors are not recommended to intervene."

"oh?"

Li Yao leaned against the back of the chair and became interested, "Where is the risk?"

Old Man Tianji said: "Your advantages have been summarized very comprehensively just now, so there is no need to say more."

"But in our Tianji Sect's assessment, you have two biggest risks."

"First, we learned that your fighting style is not the same as that of ordinary Qi Refiners. In several contests at Feixing University, you have repeatedly used magical powers that liquefied the spiritual energy, and your cultivation has far exceeded the peak of the foundation-building stage in the general sense."

Li Yao snorted lightly, not denying it.

Old Man Tianji had no expression on his face and continued: "Cultivation surpasses the peak of foundation building, and the next step is to form a pill. Of course, there are risks in forming pills. If you are not careful, you will become possessed by the devil and your cultivation will plummet."

"Your secret cultivation method is different from ordinary people. We estimate that the risk of forming pills is much higher than that of ordinary foundation-building monks."

"This is the biggest risk we want to remind investors."

"The second is the assassination of the Palace of Eternal Life."

"According to multiple sources, you are currently ranked 14th on the list of the Age of Life Palace, far surpassing most of the Killing Pill monks."

"If you are really assassinated, even if you have compensation from an insurance company, it will still be a considerable loss for investors."

"Considering the above two major risks, although your development potential is indeed great, we can only rate your credit rating as ‘Yu’ level.”

A book friend asked:

Isn’t the Feixing Realm not having a unified government? How to carry out organizations like the China Trust Regulatory Commission, including audit, supervision, punishment...?

Let me explain here that the Flying Star Realm just does not have a "unified" government. Every star field, even every star town, can naturally be regarded as a small government.

As for the China Trust Regulatory Commission, including the audit department, it is managed by the "industry association".

There are associations of armored masters, artifact refiners, artifact refiners, banking industry has its own associations, and naturally securities industry has its own associations.

There is a popular setting for "union" in many fantasy novels, which is actually that.

Historically, in the Middle Ages in Europe, many places did not have unified governments, but after the extremely developed trade, trade unions, guilds, and associations were responsible for coordination and management.

By the way, today is the real Chapter 666. With such a lucky number, wouldn’t you send a monthly ticket for two times? (To be continued.)

Chapter 666 High risk and high reward!:
Chapter completed!