Because Jiang Xueying handled it properly, she did not hesitate to quell the anger of investors, which not only did not take the angrily on the stock exchange, but was deeply moved, thinking that they were trustworthy and worthy of entrusting their wealth.

Looking at the 200th anniversary of the Ming Dynasty, and even the dynasties for two thousand years, how could there be such a responsible institution that takes protecting other people's property as its own responsibility, rather than just defrauding people from investing real money?

Then what else is there to say, buy, buy, buy!

After the Dashilan Exchange opened, the stock price that had previously plummeted quickly rebounded.

The news came to Suzhou and Guangzhou. Although investors there were watching the fire from the other side of the river, they still had a great increase in confidence in the stock exchange. A large amount of idle silver poured into the securities market. Individual stocks on the market also rose, and stock prices rose accordingly.

A major crisis that could destroy the entire securities market was eliminated without any danger.

When the news reached Luzon, Mr. Zhao, who had been worried and secretly slept on this grounds, even asked his wife to return home early, finally put his heart back in his stomach.

He knew that many people would think that he was overreacting or even too cautious. But that was because they had too few wives... Oh no, because they had never seen the horror of irrational investment behavior in the financial market.

In the early days of the long history of Western financial development, three iconic bubble economic events broke out - the tulip bubble in the Netherlands, the South China Sea bubble in Britain and the Mississippi bubble in France. Without exception, they all caused a devastating blow to the country's securities market, so that the people were bitten by snakes for ten years and were afraid of ropes. They lost confidence in all financial innovations, and had not been able to relieve themselves for several generations.

It’s a coincidence that in the South China Sea bubble in the UK, the company involved is also called ‘Nanhai’, which shows how important it is to give a good name. Mr. Zhao didn’t believe in evil, but he almost fell into evil in the South China Sea company…

The South China Sea bubble incident brought great shocks to the UK and caused countless people to lose their fortunes. For example, the famous Niu Zi and Niu Jue were also one of the victims. When he entered the market to buy Nanhai stocks for the first time, he made a small profit of 7,000 pounds, but after leaving the market, he saw that the stock price soared, and he felt that he had come out too early. So he entered the market with all his wealth, and ended up on the top of the mountain, with a huge loss of 20,000 pounds and directly lost all his fortune.

The bankruptcy in his later years and was forced to eat grass left behind the famous saying "I can calculate the movement of celestial bodies, but I cannot predict the madness of human beings."

In the financial market, confidence is more precious than gold. As long as it concerns people's hearts, it will be particularly unreliable. Especially in the early stages of the construction of the financial market, it is more appropriate to say that it is speculators than investors. In such an impetuous casino, the development of things is often irrational and unreasonable, which can easily cause stampedeship, and even the entire market is destroyed in an avalanche.

For example, this time, the stock market is difficult to stock in the twelfth month. In theory, the stock surge in Nanhai Group is beneficial to the entire market. However, this is not the case, because there are too few market participants and the amount of capital in the market is limited. The price of a stock soars dozens of times in a short period of time, which is often at the cost of other stocks plummeting.

Moreover, the former strong stocks such as Xishan Group and Lugouqiao Group have accumulated too many profits over the years. Many investors have made more than ten or even dozens of times, but they are reluctant to make profits because they are still bullish. However, once there is a downward trend, they will inevitably run away in a panic, and a stampede occurs...

Even for the Nanhai Group itself, there are huge risks, and the stock price will be pushed to the sky in a short period of time. Once there is negative news, it will fall to pieces.

Although he avoided heavy consequences this time, the lesson was profound. Zhao Hao must not tolerate the culprit, otherwise there might be something wrong in the future.

So he ordered the Jiangnan Group Board of Directors, the Procuratorate and Supervision Commission, and the Special Operations Section to form a joint investigation team to conduct a severe review of the parties involved in the "Twelfth Month Stock Difficulty".

After more than half a year of investigation, the final report submitted shows:

First, Nanhai Group's motivation is impure. Although it has met the basic conditions for listing, under the premise of abundant funds and loose credit limits, the purpose of issuing new shares is not to raise funds for the development of the group, but to go public and make money and cut leeks! That is why an installment payment plan that can push up the stock price is designed.

Second, Jiangnan Securities has not strictly controlled the control. It violated Article 5, Paragraph 1 of the "Securities Market Management Measures (Interim)": "Any financial innovation should be cautious. After careful investigation and formation of an opinion, it can be submitted to the Strategic Decision-making Committee for research and approval before trial operation can be carried out. Therefore, there are serious violations.

Third, Xishan Group director Zhu Shimao and others attacked the Dashilan Exchange and threatened staff to close the market. Although objectively avoiding the situation from escalating the situation, they seriously violated the relevant regulations that "listed companies shall not interfere with the normal operation of the exchange."

In addition, during the investigation, it was also found that Liu Zhengqi, deputy president of Jiangnan Bank and chairman of Jiangnan Securities, had accepted banquets from Liang Qin, vice chairman of Nanhai Group, frequently visited and went to places of elegance and fame, and accepted expensive gifts.

Based on this, the board of directors of Jiangnan Group imposed the following penalties:

It is recommended to ban Nanhai Group and relevant responsible persons from the securities market for a period of five years.

It is recommended to remove Liang Qin from the position of vice chairman of Nanhai Group; Liu Zhengqi from the position of deputy president of Jiangnan Bank and chairman of Jiangnan Securities...

It is recommended to impose a total of 1 million taels of silver on Xishan Group and Zhu Shimao and other responsible persons, and to impose a five-year ban on the securities market.

In the history of Jiangnan Group, such severe punishment is very rare, which shows that Mr. Zhao was really angry this time.

Subsequently, he published a signed article in Jiangnan Communications, "Correctly understand the role of the securities market and make every effort to maintain financial order and stability", and asked the middle and above companies of the group to organize special studies to prevent such incidents from happening again.

Now the entire Southeast, the consequences of causing Mr. Zhao's unhappiness may be more serious than provoking the emperor. Liang Qin and Liu Zhengqi, the main responsible persons of this incident, were in panic all day long. Not only did they take the initiative to conduct a review in public, they also posted the review letter in Jiangnan Newsletter, and even donated 500,000 taels of silver each to make up for the group's losses.

This was the only way for Mr. Zhao to be kind to him and let them meet in Yongxia City.

~~

As soon as he saw Zhao Hao, Liu Zhengqi knelt down and cried bitterly for forgiveness.

Liu Zhengqi was also willing to do so, and his face was swollen. He sweared to the sky that it was just a normal relationship of favors and he would never dare to accept bribes. He begs the young master to give him another chance.

Hey, this scene seems to have happened before? So, otherwise I wouldn't have been so skilled.

Seeing that the Liu surnamed Liu was so hard, Liang Qin had to kneel down and cry and beg. Otherwise, wouldn’t he seem too ignorant?

Zhao Hao then made them get up and said that you are both veterans of the group and have made great contributions. But the group is becoming increasingly large and can only be prosecuted for violating the rules, otherwise you will not be far from defeat.

But the past contributions cannot be ignored, and you are also a first offender, so I cannot kill you with a blow. This way, the group is going to send a plenipotentiary representative to Goa and Cairo. You are both suitable in all aspects, so don’t consider going abroad for the exam?

However, these two places are 100,800 miles away from the country, so life will definitely be difficult. Go back and consider it before making a decision.

What else are there to consider? What the two of them are most worried about is being kicked out of the group. In today's southeast, it means being abandoned by the mainstream. Even if they have a wealth of wealth, their lives will be boring.

On the contrary, as long as it is within the system, it doesn’t matter even if it is marginalized for a while. Moreover, they are all senior leaders of the group, knowing that with the development of the group, the weight of Portugal and Ottoman affairs will only become heavier, so there is no need to worry about being completely forgotten, and there will be a day to come back sooner or later.

The two of them expressed on the spot that they were willing to travel thousands of miles for the young master. Not to mention going to Goa or Cairo, it would be no problem to go to Africa...

Zhao Hao had to remind them that Cairo is in Africa.

Both of them turned green when they heard this...

Zhao Hao had to comfort them again, Cairo is in North Africa, and the conditions are actually very good. Don’t look at Goa in India, it is actually hotter than Cairo’s weather.

The two of them now have a greener face. Well, it turns out that they are not a good place.

There is nothing to choose, so the young master will do whatever he thinks is suitable.

So Zhao Hao sent Liang Qin to Goa, India to be responsible for contacting the Portuguese.

Liu Zhengqi was sent to Cairo, Africa to be responsible for contacting the Ottoman nobles and the Mediterranean merchant groups there.

~~

Finally, Zhao Hao ordered Tang Youde to go to Beijing on behalf of him and scolded Zhu Shimao and others.

But when they were disturbing the order of the financial market, they just mentioned a few words, but the key to criticism was that Xishan Group was not enterprising and only knew how to enjoy the success.

It is true that Nanhai Group has used some methods, but the reason why the stock price has soared twenty times in three days is because they are stubborn and perform well, which makes people see their bright future and infinite possibilities!

Your Xishan Group started the earliest, had the most cost, but was not enterprising, and was able to live in the mountains... Well, you can't afford to eat for hundreds of years. But after so many years, you have never created any name except for creating Xishan cement and craftsmen who dug glass factories to make glass.

No wonder when stocks that are better than them appear, investors immediately vote with their feet!

It’s embarrassing! Are northerners really inferior to southerners?

The coal bosses were finally scolded to wake up. It would be impossible not to wake up. Nanhai Group was only temporarily banned from listing, and its normal business would not be affected! As the most important core asset of Jiangnan Group, Jiangnan Bank will still spare no effort to support them, and their development will not be affected at all.

If Xishan Group does not make any changes, the gap between the south and the north will only widen. When the ban is lifted after the expiration date and Nanhai Group relists, the scene of "the stocks in the twelfth lunar month" may happen again!

Xishan Group, which knew shame and then bravely finally got out of the comfort zone of making money while lying down, began to seriously implement the "Tangshan Strategy" formulated for them a few years ago!
Chapter completed!