The first thousand one hundred and twenty-two chapters of the Royal Institute of Technology's persua
When Chen Lifu was deeply involved in the internal struggle of the Financial Services Department, the domestic securities industry was in turmoil!
At first, more than a dozen large securities companies were directly suspended from trading, suspended their business and were investigated. However, this suspension did not last long, and the actual impact was not too great, because it was only a few days, but not much.
Within half a month, all transactions were resumed.
What has a big impact is that the Securities Department investigates almost all stock transactions on the two exchanges. Their investigation is not to find anyone who has violated regulations and committed crimes. They don't care about this. There is only one thing they do, and that is to find someone.
There is a loophole!
Then based on these loopholes, we propose targeted methods to plug these loopholes one by one!
It is conceivable that once the Securities Department plugs these loopholes, the operating methods used by securities companies 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 with connections and connections have basically received news that the securities market is about to change.
Many organizations have conducted internal analyzes and discussions on this matter!
What to analyze and discuss?
Naturally, it is necessary to analyze how to make money and make more money if these loopholes cannot be exploited in the future!
And these institutions are not just ordinary private institutions, but even some enterprises under the Ministry of State-owned Enterprises are members of them. The most famous one is the wholly-owned subsidiary of the Royal Assets Division: Third Securities Company!
The name of this securities company is a bit weird. It may sound like the third largest company in the securities industry, but it is not actually the case because this securities company was formerly the investment department of the Royal Bank Head Office.
The organizational structure of the Royal Bank is similar to the organizational structure of modern banks, but there are also differences.
This bank is a wholly-owned bank of the Royal Assets Division, so it does not have a board of directors structure, but it does have a manager system with similar functions.
The highest-level decision-making body of the Royal Bank is the "Managers' Meeting", which is headed by the head office, directly subordinate department managers, and provincial branch presidents. A total of more than 30 people make up the managers' meeting system.
Under the managers' meeting, there are provincial branches and several departments. Among them, the most important departments are two 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. The main functions of this department are to study and investigate domestic economic conditions, formulate major strategies, and formulate major decisions for development, investment, etc. for Royal Bank.
The investment category consists of Investment Department 1, Investment Department 2, and Investment Department 3. Department 1 is responsible for government bonds, local bonds and other policy businesses, Department 2 is responsible for commercial loans, and Department 3 is responsible for securities market investments.
The business that the Department is responsible for deals with the government and has nothing to do with ordinary people. Although the business volume is very huge, involving millions and tens of millions of taels of silver, there is basically no room for manipulation.
The empire's finances are short of money and they have to issue national debt. Regardless of the interest rate on the national debt, even if no interest is paid, you, the Royal Bank, have to pay for it!
Not for anything else, just because the name of this bank has the word "royal" on it!
As a typical policy bank, the Royal Bank's essential job is not to make profits, but to maintain the financial stability of the empire and provide funds for the development of the empire.
The second investment department provides loans to various industrial and commercial businesses. In fact, this is the most important profit-making business of Royal Bank. The loan interest rates these days are not low, with annual interest rates of 10% or even 20%.
They are all very common. According to the financial laws of the empire, only if the annual interest rate is higher than 30%, it is usury, and if the annual interest rate is lower than 30%, it is legal.
The Royal Bank manages assets of more than 200 million taels. Although the money does not need to be paid interest, it will not be left to mold. What's more, managing these assets requires costs. The Royal Bank's business outlets are located in every
Prefectures, even overseas Osumi Prefecture in Ryukyu Prefecture, have branches of the Royal Bank.
To maintain the operation of so many outlets, the expenses are not small. If these assets are not loaned out to earn interest, it will not be able to support a business as big as Royal Bank.
Investment Department Three was established in recent years and specializes in securities investment.
However, after the domestic financial-related laws were enacted after the gold mining crisis, according to the law, any institution engaged in securities investment must be registered and approved, and can only engage in securities investment after obtaining a trading qualification certificate.
At the same time, the possibility of commercial banks engaging in the securities industry was restricted. In addition to being unable to engage in non-bank financial business and non-government bond business, a new policy issued after the gold mining crisis directly prevented commercial banks from directly participating in securities and other high-tech industries.
The possibility of risky investment ensures the safety of depositors' deposits.
Therefore, in order to carry out business better, the Investment Department 3 of the Royal Bank simply became independent and became a wholly-owned subsidiary of the Royal Assets Department. The name also followed the old name of the Investment Department 3, and was called the Third Securities Company.
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Third Securities Company, despite its weird name, is the most powerful securities firm in the country, with assets under management exceeding 10 million taels.
These assets of more than 10 million taels were not transferred directly from the deposits of the Royal Bank, because according to relevant laws in the financial industry, banks are prohibited from engaging in non-bank financial business, and are not allowed to engage in bond business other than government bonds.
This is to control risks and ensure the safety of deposits.
It was precisely for this reason that Investment Department 3 was split from the Royal Bank!
However, even if it was split off, relying on its original relationship with Royal Bank, Third Securities directly relied on Royal Bank's many outlets to issue various investment bonds and then raise funds to participate in venture capital.
Most of the assets managed by the company have entered the stock market and corporate bond markets, and it is an indispensable force in the current imperial stock market.
Now that the domestic securities market is about to change, Third Securities Company naturally needs to find countermeasures!
Although they are a wholly-owned subsidiary of the Imperial Family Assets Division, which can be considered a semi-official background, in the empire, let alone companies affiliated to the Imperial Household Assets Division, even those companies affiliated with the Ministry of State-owned Enterprises must behave in a well-behaved manner.
Engage in business activities within the legal framework, otherwise, you will die miserably.
The heads of Third Securities Company are not officials. Although the employees of Imperial Asset Core can be regarded as employees, Third Securities Company is not. They are all professional managers, and it is their business to make money.
fundamental.
In Shanghai's business district, the headquarters of Third Securities Company is in an inconspicuous three-story building on the edge of the Huangpu River. If it weren't for the small signboard of Third Securities Company hanging on the door, no one would be there.
You know, this is the location of the largest securities trading company in the country!
But even if they don't know, most of them can guess that this small building is definitely not an ordinary building, because this is Huangpu Road in the business district.
The business district was a place set up specifically for overseas trade when Shanghai opened its port for trade. However, it has gradually changed in recent years. Due to the large concentration of capital, various financial service industries and
Other commercial companies also emerged.
Unlike Dongcheng District of Jinling City, which is a whole new urban area, and Yanjiang East Road is even more crowded with the headquarters of a lot of large companies, there are no headquarters of super large companies in the business district, but more of various companies.
Companies in trade, finance and other industries.
Later, because the Shanghai Stock Exchange was established here, it attracted numerous securities companies and even banks to open branches here.
Huangpu Road on the riverside has gradually become a center for trade, finance and other fields. Here, there is the headquarters of Datang Dongyang Trading Company, the Yangtze River Shipping Company, and 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 area has increased dozens of times in the past few years. Companies without any strength cannot occupy a separate building here for their offices.
Today, in the small building of Third Securities Company, there are more than ten people wearing brocade robes sitting together. These people are wearing silk brocade robes, and some are holding folding fans. Judging from their appearance, it is actually easy to identify them.
They think of them as gentlemen and scholars.
Well, the costumes of the Tang Dynasty followed the ancient tradition. The official uniforms were mainly Confucian uniforms, while the clothes of ordinary people basically did not change. So when you see a large group of people wearing scribes' brocade robes and talking loudly, don't think that they are just talking about poetry.
Fengyue, maybe people are discussing the stock market seriously.
While everyone was whispering, the door of the conference room was opened, and then a young man walked in. He had a fair face and a beardless face, and was not tall. He looked to be in his early twenties at most. This young man was also wearing an ordinary scholar's uniform.
The gray and white Confucian uniform he wore was no different from the scholars who attended Songjiang Preparatory School or Shanghai Normal School.
But after this person came in, the dozen or so people in their 30s and 40s in the room immediately stopped chatting, and then all stood up!
Without waiting for these people to say anything, the young man stepped forward and sat down directly, and then said: "I don't have much time, I have to go to the exchange to meet with the inspection team later, let's get started!"
This young man sat down on the main seat and was clearly the one with the highest status among the people.
Immediately, a man in his thirties with a golden robe and a beard said: "The general manager's time is precious, and my subordinates will not waste your time too much. Let's get started!"
As he said that, he took out a piece of paper from the table, and then said: "General Manager, colleagues, the person above came here with bad intentions this time. This is a document I got from the inspection team. What is listed on it is
They are about to ban all kinds of trading methods, everyone can take a look!"
After the document was circulated, everyone's brows furrowed even more tightly!
One of them slapped the document heavily on the table, and then said: "They are going too far to bully others. They won't let you do this, and they won't let you do that. How can we make a profit? If there is no profit, the investors may immediately
There will be large-scale dismissals, and then our company's funds will collapse instantly!"
"Yes, since investors let us manage their money and take such big risks, isn't it just for high profits? If there is no profit, investors will definitely withdraw their capital. Nowadays, all walks of life in China
, but there is no shortage of investment opportunities!”
Everyone was talking about it, but the young man above him slapped the table: "Shut up, everyone. What are you arguing about? Is it useful to argue?"
Seeing that everyone had shut up, the young man took out a stack of documents from his pocket and said: "This is a solution I came up with after asking old classmates from the Royal Institute of Technology. There are only a few
Here’s an idea, let’s take a look and see if there’s anything to add!”
Hearing this, everyone flashed a look of surprise. One of them said: "Is it a plan made by the Economics Department of the Royal Institute of Technology?"
"If the adults from the Department of Economics at Royal Institute of Technology come up with a solution, you don't even have to look at it to know that it is feasible!"
"The general manager has some ideas. As expected of a top student who graduated from the Royal Institute of Technology, he can also find adults in the economics department to make suggestions. I heard that when the Holy Emperor formulates the economic strategy of the empire, he always needs to refer to the reports from the economics department!"
Hearing the praise from everyone, the young man at the head frowned slightly!
Being from the Royal Institute of Technology may sound very noble, but I am just a dropout from the Economics Department of the Royal Institute of Technology who failed to pass the promotion exam and was eventually kicked out!
This person's name is Tian Ping. Ever since he was a child, he has been a child prodigy and a genius in the eyes of outsiders!
He was already well-read at a young age, and passed the imperial examination at the age of fourteen. However, he did not participate in the subsequent imperial examinations, but continued to study at Jiangnan Preparatory School, and then was admitted to the Royal Institute of Technology at the age of sixteen.
But after he was admitted to the Royal Institute of Technology, he discovered that he, a genius in the eyes of others, could only be regarded as a person with mediocre qualifications at the Royal Institute of Technology!
In the Royal Institute of Technology, where geniuses are everywhere, he failed the promotion exam in his first year and became a repeater!
After struggling at the Royal Institute of Technology for six full years, he was still just a junior with no hope of graduation...
Then, he was persuaded to quit...
The CEO of the largest securities company in the country is just a student from the Economics Department of the Royal Institute of Technology, which sounds ridiculous, but it is the fact.
Not only him, but the general manager of Songtong Textile Company, the largest private textile company in the country next door, is also a student of the Royal Institute of Technology, well, he is still a second-year student of the Royal Institute of Technology!