As Chen Xinghe and the state mentioned the low-level economy many times, the after-hours trading of related concept stocks continued to rise.
For example, Frontier Technology, Jiujiang Intelligent Control, Sunward Electronics, etc., all rose by an extremely high 10% after the market closed.
After nearly a year of drastic reforms, today's Longguo stock market is no longer limited to simple buying and futures hedging.
Pre-market trading and after-market trading have gradually been implemented.
Perhaps many people don’t understand what pre-market trading and after-market trading are. To put it simply, these two transactions allow some popular stocks to escape the constraints of trading hours.
Nowadays, the Longguo stock market currently starts call auctions at 9:10, officially trades at 9:30, and closes at 4 o'clock in the afternoon. It is full of calculations, and the stock trading time is less than 7 hours a day.
7 hours is already a very long time for retail investors.
But for institutions, hot money and professional players, 7 hours is too short, and the time limit will aggravate the impact of emergencies.
For example, when the Beixi Pipeline was bombed, rice-related stocks began to fall as soon as the news was reported. As time goes by and the market digests it, the stock value will slowly rise back to a reasonable range.
But what about the original A-shares?
In the event of an emergency, if it is not during the trading period, you will not be able to sell even if you want to, and you will have to wait.
Because of this, every retail investor panics at night.
Every retail investor is afraid that he will run too slowly and be stuck at the highest point, so he places a cut or limit order in the early morning and night in an attempt to run.
To a certain extent, setting trading hours will intensify retail investors' panic about emergencies and make them internally consume themselves.
In order to alleviate retail investors' panic about emergencies and maintain the stability of the financial market, Xiao Gang, head of the China Securities Regulatory Commission, also opened pre-market trading and after-market trading in the Longguo stock market, but it was limited to 500 popular stocks representing the broader market.
Since the introduction of pre-market and after-market trading, Longguo stock market can be said to be traded 24 hours a day.
Even if a black swan event occurs, the market and retail investors can react immediately to avoid panic selling.
The gradual improvement of Longguo's stock market is also noticed by foreign funds.
According to data from Beishang Capital, in the past 12 hours, a total of 6.4 trillion Longguo coins have flowed into the Golden Dragon Technology Index, of which 1.7 trillion has entered Longxing Group stocks.
Looking back at the U.S. stock market, after pre-market trading started, Apple, Google, Microsoft, Amazon and Tesla were all falling, and a large amount of money was being withdrawn from the U.S. mainland.
Anyone who has studied finance knows that trading is actually a process of finding consensus.
Are stocks valuable?
Are virtual currencies valuable?
Is gold even valuable?
Essentially they are worthless.
Why do you say this?
In the past, shells could be used as currency to buy cattle and sheep. Now, would you like to use shells to buy cattle and sheep?
Another example is antique antiques, a small honeycomb silver ingot, which can be sold for hundreds of thousands, and a copper coin from a hundred years ago, which can be sold for millions, or even millions.
For another example, a pair of extremely ordinary sneakers can be sold for hundreds of thousands. Does it really have any cultural heritage?
Not really.
Whether it’s stocks, virtual currencies, antique calligraphy, gold sneakers, their values are all based on consensus.
To put it simply, when a person or item is recognized by the vast majority of people, it will lose its original value, and this is a transaction.
This is why investment can only follow the trend.
The change in the international financial consensus also means that the world order is heading for destruction. As for the birth of a new order, it will often be established by countries recognized by the world.
At this moment, the United States and even European countries are feeling fear. The superpowers from the East are continuously withdrawing funds from the world.
In the United States, there is a meeting in Washington.
Germany, meeting in Berlin.
France, there is a meeting in Paris.
At this moment, the Western world suddenly realized that the Dragon Kingdom was not just shaking the U.S. dollar, but also the Euro!
From the beginning, the EU countries were just watching the show, because they established the EU to break the U.S. currency monopoly.
However, the birth of the euro still failed to break the hegemony of the US dollar.
This time the Dragon Country currency challenges the US dollar, most EU countries feel that it is impossible to succeed, because the Dragon Country two years ago did not even have high-precision machine tools, let alone photolithography machines. It was completely a low-end industrial country.
Can low-end industrial countries compare with financial powerhouses?
Totally impossible!
But now?
Longguo has become the world's largest exporter of chips, the largest exporter of electricity, and the largest exporter of mobile phones, drones and electric vehicles.
In three years, a low-end industrial country has entered a high-end industrial country, and then transformed from an industrial country to a financial powerhouse. Who would dare to imagine this speed?
It is too late to stop it at this time, because international funds have reached a consensus, and it is only a matter of time before the Dragon Kingdom achieves its great rejuvenation.
……
During the period of reshuffling the capital market and establishing consensus, Lee Jae-yong has completed a basic physical examination and submitted a nationality application.
Since Wang Shan had already said hello, it only took less than half an hour for his application to be approved. However, he still needed to record an oath video before he could get the Dragon Country green card.
Why oath video?
It can prove that naturalization is voluntary and not forced.
This process is not only available in the Dragon Kingdom, but also throughout the world because it can avoid disputes and disputes.
Lee Jae-yong looked at the shooting camera in front of him, then looked at the teleprompter behind the camera, and spoke the oath eloquently.
After the recording was completed, the staff immediately handed over the green card and congratulated: "Mr. Lee Jae-yong, congratulations on becoming a permanent legal resident of our Dragon Country. We will build the country together in the future."
"Definitely."
Lee Jae-yong responded with a smile on his face.
He didn't know whether it would be built or not. He only knew that his personal safety would be greatly protected by becoming a Dragon Nation citizen.
After a few more pleasantries, Lee Jae-yong also left the immigration office.
Twenty minutes later.
He returned to the Imperial Hotel.
Chen Xing, Li Zhenzhen, and Zhao Siqiu were sitting in the cafe on the first floor drinking coffee, waiting for Li Zaiyong to come back.
As soon as Li Zaiyong walked to the entrance of Imperial Hotel, hotel manager Zhang Wang recognized him at a glance and said quickly: "Mr. Li, you are back. Please follow me. Mr. Chen and the others are waiting for you in the coffee shop."
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"Lead the way."
Li Zaiyong said in a deep voice.
This time, not only did he return to the Imperial Hotel, he was also accompanied by a tall, elegant woman. The woman was holding a briefcase in her hand and her eyes were extremely sharp.
Zhang Wang led Li Zaiyong and the two of them into the coffee area. Before they could get closer, Li Zhenzhen spotted the three of them.
When she saw the woman next to Lee Jae-yong, she immediately frowned and said, "Kim Yeon-ah."
"Who is Jin Yanya?" Zhao Siqiu followed her gaze and immediately locked onto the tall woman walking side by side with Li Zaiyong.
Because Chen Xing's back was facing him, he did not choose to look back, but picked up the coffee and tasted it.
He also knew something about Jin Yanya. This was a woman who looked like a secretary, but was actually a third party.
In his previous life, some media captured a video of Lee Jae-yong, his wife, and two strange beauties vacationing in Hawaii.
One man and three women not only behaved intimately, but also talked and laughed with each other.
Later, Korean media revealed that one of the three women was Lee Jae-yong's secretary Kim Yeon-ah, and she and Lee Jae-yong were childhood sweethearts.
The relationship between them is said to be complicated, but in fact it is not complicated. To put it simply, the current wife is married to a family marriage, and he does not like it in his heart. If he chooses to divorce, he will lose some resources, so Lee Jae-yong and Kim Yeon Ya can only engage in underground affairs.
However, since taking control of the Korean Star Group, he has gradually developed his underground affair into an aboveground affair. Lee Jae-yong's current wife is also very sensible. Now that things have developed to this point, she can only join in order to maintain her status and wealth.
Li Zhenzhen withdrew his gaze, looked at Zhao Siqiu and said, "A disgusting woman."
"Mr. Chen." As soon as Li Zhenzhen finished speaking, Zhang Wang raised his voice and reminded Chen Xing: "Mr. Li and the others are here."
"I've been waiting for a long time, Mr. Chen."
Lee Jae-yong changed his face very quickly, and his cold cheeks were instantly filled with smiles.
Chen Xing looked sideways, stood up and said, "How is it? Did you get the Dragon Kingdom green card?" "With Mr. Chen's help, you must have got it." Li Zaiyong smiled and said.
"That's right."
He took a step sideways and introduced: "This is my secretary Jin Yanya. She just flew from the peninsula to Dragon Kingdom. Let's talk somewhere else?"
Although there are no people around, the coffee shop is a public area after all, so it is best to discuss things and sign contracts in a private space.
Hearing this, Chen Xing did not refuse, and nodded: "Then let's go back to the box to chat, and by the way, we can help Secretary Jin."
"Thank you Mr. Chen."
Jin Yanya said thank you.
Her voice is soft and her expression is charming. If a boy of seventeen or eighteen years old met her, he would probably be able to borrow hundreds of thousands of dollars for her.
But for Chen Xing, he had seen too many beautiful women, and those stringy eyes didn't bother him at all.
Lee Jae-yong felt very unhappy when he saw Kim Yeon-ah's charming look, but he could only suppress it for the sake of cooperation.
Li Zhenzhen, who was on the side, was familiar with it. She knew very well that Jin Yanya did not like Li Zaiyong, but among the people she came into contact with, Li Zaiyong was the richest and most powerful.
Once she finds a better tree, she will abandon Lee Jae-yong without hesitation.
Does Lee Jae-yong not know this?
In fact, he also knew it.
But with Bai Yueguang's buff and the bonus of his childhood sweetheart, even if he knew Jin Yanya would abandon him at any time, he was willing to be that "donkey". After all, at least he had it.
……
Everyone returned to the Supreme Box, and Zhang Wang immediately arranged for a chef to cook more than a dozen dishes and serve them to the table as quickly as possible.
Twenty minutes later.
Everyone in the box had enough to eat and drink.
"It's almost time to eat. Talking too late will affect Mr. Chen's rest. Secretary Jin, please take out the documents." Li Zaiyong wiped his mouth and said.
"Okay."
Jin Yanya picked up the briefcase.
She put her briefcase on the table, then stood up, opened the zipper, took out an "Equity Agreement" and said:
"This is a concerted action agreement signed by the group, which ensures that the Lee family has absolute control of the Korean Star Group."
Chen Xing took the agreement document and looked at it, and he suddenly became enlightened.
No wonder the Li family can control Korean Star Group with single-digit equity. It turns out that other shareholders have signed this agreement.
This agreement is like a "Shareholders' Unanimous Action Agreement". Several shareholders voluntarily give up their decision-making rights and hand over their rights to others, and they just sit back and wait for their money.
Seeing Chen Xing's expression, Lee Jae-yong also explained: "When the equity was sold in 1997 in exchange for international funds, my father kept this back-up man. It is precisely because of this agreement that the Korean Star Group has always been controlled by my Li family. Take control.”
"This is the basis for you to bypass the board of directors and transfer Han Xing Group directly, right?" Chen Xing put down the document and asked.
"That's right."
Lee Jae-yong nodded and continued: "Because they have given up their decision-making rights, even if my Li family only has 1% of the equity, I can still decide on anything."
When Lee Jae-yong wanted to transfer and sell the Korean Star Group, Chen Xing was confused at the beginning because major personnel changes had to go through the board of directors.
Take Toyota Group, for example. If it didn't hold more than 51% of the shares, Longxing Group would have no right to dissolve the old board of directors.
But with this agreement, the Li family is different. When other shareholders give up their rights, the Li family is equivalent to 100% control. They can decide to do anything, including selling the group.
Of course.
Estimate Wall Street…
No!
Not only Wall Street, but even Peninsula executives would never have thought that Lee Jae-yong would actually want to sell Korean Star Group, which is a family business.
Sell all the family businesses, and the ancestors are not allowed to fume down there?
Therefore, in everyone's opinion, Lee Jae-yong will definitely not sell Korean Star Group unless it is absolutely necessary or the capital chain is broken.
After understanding the truth about Han Xing Group's holding, Chen Xing glanced at Li Zhenzhen and said, "Then sign the contract."
"Your lawyer is..." Li Zaiyong glanced at Chen Xing, Li Zhenzhen and Zhao Siqiu, and said with some uncertainty.
"There is no need for a lawyer now." Chen Xing took out his Longxing Feifan Master and said with a calm smile: "AI can accurately identify possible risks in the contract."
Lee Jae-yong stared closely at the machine in Chen Xing's hand and said with a hint of helplessness: "Technology is indeed the primary productive force. The world is updating so fast that I can't keep up."
"I'm being modest, but as the old saying goes, live and learn. If you can't keep up with the times, try not to fall too far behind."
Chen Xing smiled.
"Same."
Lee Jae-yong nodded.
After a few chats, Kim Yeon-ah’s secretary and lawyer was responsible for recording the key points of the contract, while Chen Xing and Lee Jae-yong finalized the details.
About half an hour later.
A preliminary, handwritten contract came out.
"You have nothing to add, right?" Jin Yanya looked at Chen Xing and Lee Jae-yong.
"No."
"That's it."
After getting confirmation from the two people, Jin Yanya picked up the handwritten contract and said: "Then I will briefly describe it. If you two think there is no problem, we will officially print the contract and sign it."
"Okay."
"Okay."
After getting answers from the two people, Jin Yanya said: "1. Yongxing Group needs to pay at least 30 billion dragon national currency to Lee Jae-yong every year within four years as the acquisition cost of Korean Star Group's equity. If it cannot pay on time, Lee Jae-yong will Rong has the right to charge a liquidated damages of 1% of the total amount every year.”
"2. Yongxing Group needs to ensure the market position of Hanxing Group's brand and operate normally. If there is malicious behavior, such as large layoffs, significant production cuts, profits but not profits, etc., Lee Jae-yong can buy back Hanxing Group for 50 billion dragon national currency. .”
"3. Lee Jae-yong needs to guarantee that the actual control of the group will be transferred to Longxing Group. If this cannot be achieved, Longxing Group may not pay the fee..."
……
When the terms of the contract were spelled out one by one, both Lee Jae-yong and Chen Xing felt there was no problem. After all, they spent half an hour discussing it.
After Jin Yanya confirmed that there was no problem, she returned to the car with the handwritten contract and started printing it with her own printer.
After completion.
She immediately destroyed the traces.
Immediately afterwards, she returned to the Supreme Box.
Before signing the contract, Chen Xing used AI technology to scan and found no loopholes in the contract.
He is not worried about leaks. Longxing Group's security protection system is not something that ordinary hackers can hack into.
Chen Xing and Lee Jae-yong quickly signed their names and pressed their fingerprints and official seals.
The contract was made in four copies, with both parties keeping one copy for themselves, while the other two copies were notarized by Chen Xing and Lee Jae-yong.
After checking that the contract was correct, Chen Xing smiled, looked at Lee Jae-yong and stretched out his hand and said: "It's a pleasure to cooperate, Mr. Li."
“A pleasure to work with.”
Lee Jae-yong quickly reached out his hand to respond.
(End of chapter)