Da Ming Tai Shi

Chapter 490
The main theme of the official meetings is definitely boring. Even though Guangdong was the vanguard of the development of the Ming Dynasty, and the economic meetings were held, the content was still lacklustre.

Wu Shigao, who presided over the meeting, talked eloquently about what achievements Guangdong has made this year, how much money it has earned, how much money and taxes have been paid to the court, and how the lives of ordinary people have improved.

Chen Jinghe listened intently at the beginning, and even picked up a pen to take notes, but when he glanced at it, he saw Jiang Zhengxun beside him drawing on a blank notebook.

Jiang Zhengxun didn't bother to remember a word of what the boss said.

"What do these things remember? There is no nutrition at all."

Chen Jinghe wanted to laugh a little, but he also followed suit. He was too lazy to take notes, and instead began to feel drowsy, his thoughts racing away.

When the meeting was over, Chen Jinghe and Jiang Zhengxun left the yamen, and were about to go to Jiang Zhengxun's place to have a chat, when they saw a Canton Stock Exchange official named Qian He guarding the yamen.

"Chen's book."

As soon as he saw Chen Jinghe coming out, Qian He rushed over and said, "Hurry up and go back to the yamen."

"What happened?"

"Early this morning, a stock called Hang Lung Company rose sharply, and the increase has doubled."

Jiang Zhengxun, who was standing beside Chen Jinghe, also frowned.

In a short period of time, a sharp rise in the price of a certain stock is undoubtedly an abnormal behavior.

"What does this Hang Lung store sell?"

Chen Jinghe answered: "It's a company that acts as an agent for maritime trade. Their company has several seagoing ships that go to Japan and Southeast Asia, and they don't sell any very high-demand commodities."

"Is there a major benefit?"

"never heard of that."

If something goes wrong, there must be a demon. Jiang Zhengxun thought nothing would happen, so he followed Chen Jinghe to the Canton Stock Exchange, and asked a question on the way.

"The high stock price can only be realized by the big hands buying the market. Are the stockholders snapping up Hang Lung's stock?"

"Not at all." Qian He said: "The stockholders didn't grab it, all the big buying came from Guangdong firms."

The Guangdong firm is an official firm affiliated to the Guangdong State-owned Assets Supervision and Administration Commission, in other words, it is the capital of the imperial court.

Let alone Jiang Zhengxun, even Chen Jinghe smelled something different.

When they came to the Canton Stock Exchange, the two called up the stock trading records of Hang Lung Company, and found that in just one morning, Guangdong Company had bought 60 shares of Hang Lung Company. In the past three months the sum total is even more.

Thanks to this, the stock price of Hang Lung has soared from the initial two taels of silver to four taels of silver.

"The seller is not Hang Lung Company?"

Looking at the delivery records, Jiang Zhengxun was shocked to find that the increase in Hang Lung's stock price had nothing to do with the Hang Lung firm itself, because the Guangdong firm did not purchase directly through Hang Lung, but bought in large quantities from several 'retail investors'.

Every time these stockholders listed to sell Hang Lung shares, they would be snatched away by Guangdong firms immediately.

"It's very strange, there is an anomaly."

Chen Jinghe said: "It is necessary to release part of Hang Lung's stock into the market as soon as possible, temporarily control the stock price, and prevent other stockholders from following suit and being deceived."

"Notify the shopkeeper of Hang Lung."

Jiang Zhengxun issued orders, so there was no need to look for them. Xin Baipeng, the shopkeeper of Hang Lung, had already arrived at the Canton Stock Exchange. The stock price of his own company was soaring. At first, Xin Baipeng was very happy, but as the increase became more and more terrifying, he was now more afraid than anyone else. .

Seeing Xin Baipeng, Jiang Zhengxun didn't delay, and said directly: "Master Xin, I ask you to list a large number of your company's stocks into the market immediately to curb the stock price."

Xin Baipeng smiled wryly: "Jiang Ju, it's not that I don't sell it, but that I don't."

"what?"

Jiang Zhengxun sneered: "Hang Lung is your business name, do you think you have it?"

"I only have less than 30 shares left in my hand, accounting for less than [-]% of the total share capital." Xin Baipeng said: "Some time ago, I had resold the Hang Lung shares in my hand, and the transaction had already been handed over to others. "

"Privately sold?"

"Yes, the shareholding has been sold."

Jiang Zhengxun immediately understood, and slapped the table angrily: "Damn it."

Chen Jinghe asked, "What should we do now?"

"It's just a trick to bring the supply back to the side."

Jiang Zhengxun frowned, keenly aware of the abnormality of this transaction: "The Guangdong firm is an official firm of the State-owned Assets Supervision and Administration Commission. They bought a large number of Hang Lung stocks from a group of retail investors to drive up the stock price. I suspect that this is someone trying to pass This stock, for money laundering."

A series of novel terms came out of Jiang Zhengxun's mouth. This is an area that Chen Jinghe has never been in contact with. Fortunately, he has been familiar with the stock market business for several months, and he quickly understands it.

"The Jiang bureau is saying that someone is using Hang Lung's stock and a Guangdong firm as white gloves to launder their stolen money."

Chen Jinghe blurted out his first thought: "Corrupt officials?"

"It doesn't have to be a corrupt official." Jiang Zhengxun said, "There are all kinds of shady snakes, rats, rats and ants in this place in Guangdong. They may also be smugglers. No matter what it is, find out first."

"First suspend Hang Lung's stock trading and prohibit trading, and then report this matter to the Procuratorate and the Metropolitan Procuratorate for them to intervene and investigate together with our Stock Regulatory Bureau."

Jiang Zhengxun made a response, and remembered another thing: "The Guangdong firm belongs to the imperial court, so please notify the State-owned Assets Supervision and Administration Commission of this incident, and let them conduct internal self-examination."

Chen Jinghe benefited a lot from the orderly arrangement.

Under Jiang Zhengxun's arrangement, the Canton Stock Exchange soon suspended trading in Hang Lung's stock on the grounds of abnormal trading.

Next, is to wait.

But what Chen Jinghe and Jiang Zhengxun didn't expect was that the officials from the Procuratorate and the Metropolitan Procuratorate hadn't arrived yet, but the people from the Guangdong firm came to the door first.

"Why should Hang Lung's stock be suspended?"

"The stock price is abnormal and the transaction is abnormal."

Jiang Zhengxun stared at Li Tiancheng who came to him seriously, and asked, "Why do your Guangdong firms buy a large number of Hang Lung stocks?"

"No comment."

"What is no comment!" Jiang Zhengxun was annoyed: "The Stock Regulatory Bureau has the right to supervise and question the transaction of any stock."

Li Tiancheng still dealt with it casually: "That is also an internal matter of our State-owned Assets Supervision and Administration Commission. Director Jiang wants to investigate, so he can inform the State-owned Assets Supervision and Administration Commission of his suspicions. We will investigate internally. Your reckless suspension of trading has seriously affected our normal business. Behavior, any loss caused, in the future, I will definitely impeach you."

Jiang Zhengxun was furious with such an arrogant attitude, and Chen Jinghe was also very annoyed.

At this moment, Qian He walked in and whispered.

"I found out that a group of Arabs are behind the massive sale of Hang Lung shares."

Chen Jing and Jiang Zhengxun looked at each other, and each had an idea in their hearts.

Smuggling money laundering!

(End of this chapter)