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Chapter 1493 Rhythm

As the first batch of qualified overseas institutional investors approved by Jiamei Bank and UBS, Citi, etc., the initial investment amount is not high.

However, Jiamei Bank is different from the conservative aspects of old investment institutions such as UBS and Citi. After the funds are in place, it completed the position building in just one month. It also announced in a high-profile manner that it will lock up positions for a long time and enjoy the dividends brought by the great development of mainland enterprises. It also uses Jiamei Insurance and Bayside Securities as the initiator and joined forces with fund companies in New York, London and Paris to submit applications to the Mainland Securities Regulatory Commission to communicate side by side. On the one hand, it hopes to obtain a higher investment quota and make the market more open. On the other hand, it puts forward many rational suggestions and actively requires regulatory agencies to strictly supervise and manage investment behaviors and methods.

The person responsible for operating this matter is Jiamei Bank's vice president, identity, status and voice, which are enough to make the mainland regulatory authorities feel sincerity and pay attention to it.

Therefore, after a year, the upper limit of overseas institutional investors' quota was raised to US$200 million, but the corresponding one was the strengthening of the supervision model. Especially for some overseas institutions, the biggest negative news is that regulators have restricted the operational behavior of overseas institutional investors on the grounds of ensuring the stability of the financial market. Those market manipulation behaviors that push up or lower prices by frequently filing and withdrawing orders will be adopted with zero tolerance and severe punishment.

"These overseas investment banks and institutions do not agree with the regulatory measures of the regulatory agencies, and they have joined forces to launch protests. But once the regulatory agencies insist, will they become honest? Those who should file will continue to file, and those who should request to increase the amount will continue to ask for the increase, as if what they said before is fart, which is simply funny..."

Liu Meijia finished reading a fax I just received and sighed and sighed.

Fu Zhengyi had already known the relevant information half a month ago. After taking the fax she handed over, he looked at it. Seeing that it was the second batch of qualified foreign institutional investors, he said with a smile. "It should be like this. Regulators should assume the responsibility for supervision, and market behavior should be handed over to the market to deal with it. The international financial market has been developing for so many years, and opportunistic methods have emerged one after another. It is stupid to want to manage the financial market by relying on administrative intervention. In the United States, it has experienced such a serious stock market crash, but the US financial market is still the most stable, dynamic and investment-worthy financial market in the world. How is it possible to attract foreign capital but not open the market... "

Liu Meijia gave him a blank look. "But the problem is that the price is that Jiamei Bank has committed public anger and has become the target of public criticism. Some institutions on Wall Street believe that Jiamei Bank has a red background, is based on the position of the mainland, and is selling the interests of Americans. The media is also advocating the red threat. Conspiracy theories that have not appeared for many years have also been revealed. If the business work was not handed over to the three vice presidents for handling, the media should have siege me!"

"Have you betrayed the interests of Americans? Let's make customers who manage wealth management at Jiamei Bank believe this before talking about it..."

Conspiracy theory?

Fu Zhengyi scoffed at it.

Under the strongly inclusive social structure of the United States, such accusations need to be produced.

The more than 300 billion US dollars of financial assets managed by Gamma Bank brings stable benefits to its clients through New York fund companies every year. Not to mention that it is just a insinuation from some media and anonymous Wall Street people, even if anyone really asks Congress to conduct an investigation, the saliva of those clients who benefit from Gamma Bank alone is enough to trigger a financial shock.

It's a war of verbal battle.

Just fight!

Jiamei Bank has long been rich and powerful. When he is sued? Who is afraid of whom!

Jiamei Bank, which has entered the US mortgage market strongly, has already possessed the energy that can shake the entire US financial system, with high profits, and is close to perfect past investment records. Whether it is the Federal Reserve or Congress, if you want to take action against Jiamei Bank because of Jiamei Bank's investment behavior, it is simply impossible to find an excuse and there is no possibility of implementation.

Seeing that he threw the fax on the table, Liu Meijia endured it and endured it, but still couldn't hold it back. "Justice, but the problem is that the mainland stock market is falling continuously, and the formal implementation of state-owned stock reduction is approaching. This will lead to the expansion of the entire market by five to eight times. The entry of overseas institutional investors does not mean that they should act as rescuers or takeovers. Without profits, they will eventually withdraw. I always feel that the idea of ​​letting the mainland stock market join the msci and turning the RMB into a world currency is really whimsical. The stable exchange rate means that there is a lack of market opportunities. If the RMB becomes a world currency, it requires enough financial reserves to do it. This is too lingering..."

"The immature financial market in the mainland is an unavoidable problem. However, the influx of overseas institutional investors, the scale of Zhongwei Changjian Fund continues to expand. When social security funds become the mainstay of the mainland financial market, when market behavior is really returned to the market itself to face it, do you think the statement that the 'the establishment of the stock market is to help state-owned enterprises get out of trouble' will still exist?"

Liu Meijia nodded. "This is true. Funds need to be returned, and the obligations should not be borne by investors. Once investors are asked to bear them, the final result will definitely be the whole market is in chaos. I understand the mentality of mainland investors, but overseas institutional investors will not accept such reasons. If you have money to make money and the market is open, then naturally funds will flock to you. If you are as unqualified as Russia, foreign capital will only wait and see for a long time and will never get involved easily!"

Fu Zhengyi spread his hands. "Isn't this over? When the market enters a virtuous cycle, it is the responsibility of the local government to help state-owned enterprises get out of trouble. This responsibility should not be pushed to the financial market. In a special era and a special market environment, it is understandable. But now? It is outdated. What I hope is to promote reforms in this area as soon as possible so that domestic investors can truly share the dividends of national economic development, let the excellent, the growth-oriented enterprises that can go abroad to participate in international competition get more funds and achieve faster development. The entry of foreign capital is just a catalyst. I don't care whether it succeeds or not..."

Liu Meijia was stunned, and after a moment, she was happy. "Okay, are you doing the rhythm of killing and burying?"

Fu Zhengyi did not laugh, but sighed. "There is no way. I can only use these means to speed up some processes. I can't interfere with the formulation of policies..."
Chapter completed!
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