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Chapter 476: Tripping Up Other Exchanges

~7 min read 1,262 words

After the data was reported to Yang Qing, Yang Qing also didn't expect that this film would be so Earning Money.

It's no surprise that life is good; being able to develop it into an industry later makes it one of the pillar industries of a good life.

The wealth-generating ability is too strong.

He told Chen Ziqiang to keep a low profile.

"Keep a low profile, keep a low profile, keep an even lower profile; we'll make money in secret, don't make a fuss."

"Moreover, for this kind of film, Gangdao hasn't said we can shoot it; we're shooting it secretly."

"We just need to Earning Money ourselves; once everyone knows, what's the point of Earning Money?"

"Moreover, some people have no scruples; if they find out, who knows how many will suffer because of it."

"Separate the erotic films from those films; don't put them in the same basket."

"Set up another shell company."

"I feel erotic films can exist for a long time."

Soon Eden Garden disappeared from public view, and a Clear Wind Company emerged, becoming an erotic film company.

No one in Gangdao knew this was Yang Qing's doing, and no one knew that Katō was actually Li Hanxiang.

Who would have thought that the esteemed Director Yang would actually engage in such vulgar erotic films.

Yang Qing is now secretly watching his own masterpiece.

One must admit, Katō's level is truly high.

This film looks much more comfortable to watch.

It's something you can watch a hundred times without getting tired of.

Yang Qing felt as if he had returned to his previous life.

He had also secretly watched this thing before.

The taste of nostalgia.

He felt his soul had been comforted.

At this time, another securities exchange was established.

It was called GoldSilver Exchange.

The four major exchanges, competition is very fierce.

To attract customers, several others even didn't hesitate to enter the market themselves, raising stock prices to bring customers profits beyond expectations.

What do ordinary people understand?

Naturally, go where you can Earning Money.

The customers of the Azure Dragon Securities Exchange began to leak out.

The most lost were urban customers.

On the contrary, the customers attracted by Great Song Bank haven't lost much.

Xu Minghao wanted to join this battle, but Yang Qing stopped him.

Xu Minghao didn't understand; the competition on the Shopping Mall is brutal, why does Director Yang impose limits on himself, tying his own hands?

"Director Yang, there are already four exchanges, and we don't rule out the possibility of more exchanges being established."

"If we can't retain customers, we'll soon fall in this war."

"By then, no matter what ideals you have, it will all be for nothing."

Yang Qing looked toward the trading hall; the flow of people had already become sparse.

Even the noisy clamor couldn't drown out his words.

"Xu Minghao, for a market to develop long-term, what is needed?"

Xu Minghao knew what Yang Qing was going to say.

"I understand, Director Yang, you want to stabilize the stock market."

"But no one will cooperate with us; our applause will be lonely."

"They wish we would die."

"So what?" Yang Qing asked firmly.

"How they want to play is their business; we can't control it, but we have our own ways."

"They can't control us either."

"Go to Hong Fu and see if we can be granted the Blue Dragon Joint Enforcement Authority."

"Implement a review system and a whistleblower system."

"For those companies that engage in fraud, impose heavy penalties, heavy punishments, and heavy rewards for whistleblowers."

Xu Minghao didn't expect Yang Qing to play so big.

"Director Yang, we can't take the lead on this."

"Doing this would offend too many people."

"For us, the losses would outweigh the gains."

Yang Qing looked at him and said seriously.

"To gain great power, one must pay an unexpected price and responsibility."

"To someday control Gangdao's stock market, one must bear a cost others cannot bear."

"This is our pledge of loyalty."

"Go ahead and do it; at worst we fail and the Azure Dragon Securities Exchange ceases to exist."

"If successful, the benefits it brings us are unimaginable."

But in his heart he said, Dai Linzhi would not agree.

Someone who's about to leave wouldn't have this kind of guts and resolve.

All this is him putting on a show for the future governor.

There are too many trading houses, and the hidden dangers are too great.

This situation won't continue like this.

Now putting on a show to scare those bastards who pile junk stocks into the market is also good.

Xu Minghao had no choice but to brace himself and go to Hong Fu, proposing to solve the current exchange's chaos.

Sure enough, it's just as Yang Qing thought.

No one paid him any attention.

Xu Minghao could only return, dejected.

Soon the news spread, drawing ridicule from many practitioners at other trading houses.

Xu Minghao almost fell into depression.

They knew what Xu Minghao wanted to do, so they bore him special resentment.

Other exchanges hate him for meddling; junk companies hate him for delaying their money-making.

Each one wants to boycott him.

There are even fewer people at the Azure Dragon Securities Exchange.

Director Xu said indignantly.

"Director Yang, is this what you wanted to see?"

Yang Qing, however, laughed and said.

"Wait, we have a large quantity of high-quality shares in hand; soon the Azure Dragon Securities Exchange will become a value trough."

Director Xu wondered what Yang Qing meant.

"Hehe, we're using trade vouchers, not equity certificates, so most of these companies' stocks are still with us."

"The so-called customer loss is just them opening accounts at other exchanges to trade stocks."

"Haven't you noticed? Many customers' stocks haven't been sold; they continue to hold them."

"Why is that?"

"Because we have many high-quality shares here, and customers aren't all fools; they can still tell good from bad."

"There are some fools who want to transfer their equity over."

"And withdrawing equity certificates, converting the exchange's review and procedures, is also very lengthy."

"After all, we haven't linked our trading with other exchanges."

Xu Minghao suddenly understood.

"Director Yang originally used trade vouchers to conduct trades—did you anticipate this move all along?"

Yang Qing laughed heartily.

"High-quality stocks are the foundation of our Blue Dragon; we've put in so much effort—how could we just give others a free ride?"

"If those people insist on switching exchanges, they can only do so by selling their stocks, which actually gives us a chance to increase our holdings."

"Anyone who tries to withdraw their equity certificate, I'll drag them down."

"They don't have equity certificates; everything is fake, so they can only pad their numbers with junk stocks."

"Don't worry, I have a way to deal with them."

Afterward, Yang Qing increased the security personnel for Xu Minghao.

Not long after, newspapers began reporting on the exchange's chaos and the concept of junk stocks.

Those who were clamoring to switch exchanges gradually fell silent.

Damn, what they bought turned out to be all junk stocks.

A single restaurant dares to go public—are you crazy, or am I?

Your business is so good it's heavenly—can you earn hundreds of thousands a year?

What room for improvement do you still have?

What the hell are you using your financing money for?

Should we pave the ground with gold bricks to keep boosting revenue?

If no one exposes this, everyone will be happy.

Once someone realizes, it'll be a mess.

◈

End of Chapter

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