Chapter 391 I Won't Play Along
Suddenly it dawned on Yao Shuli, and she felt as if every pore on her body had exploded again.
That long-lost feeling is back, the same feeling of pores opening up, the same feeling of blood boiling all over.
When he first entered the stock market, he was a complete novice. At that time, all he thought about was following the policies and doing whatever the government told him to do. He believed that as long as he understood the policies, he could make money.
Sure enough, he made money.
Later, Yao Shuli discovered that making money in the stock market is essentially about taking money from other people's pockets and putting it into your own.
He can make money as long as he is smarter and faster than others.
Later he made money!
But it was precisely because of this that Yao Shuli noticed something was amiss.
"Big sister, do you know? Someone is watching our accounts!" Yao Shuli looked at Yao Shula very seriously.
Yao Shula...
"Is someone watching your account?"
“Yes! Someone is watching our accounts. They buy whatever we buy, and they sell whatever we sell! And I can guarantee that they are people from the securities company,” Yao Shuli said.
Yao Shula understood what Yao Shuli meant.
The account that Yao Shuli is currently operating has become an account that people who play the stock market in Shanghai pay attention to.
In just one year, the account has grown to hundreds of millions. How can it not make people envious?
The only solution they could think of was... to find out what Yao Shuli was doing.
To ordinary people, all of this seems impossible. Would such a super-rich person really let you see their actions?
But some people can!
For example, people at securities companies, once they have the necessary permissions, can access all the information about the back-end accounts.
Yao Shuli could sense a hint of uncertainty in the last two transactions...
"Big sister, do you know what? I think there are a lot of loopholes in the regulation of the stock market right now! Some people can see our accounts, which means they can see some data that we can't even see."
If they want to do something, then they will have more initiative.
"If more people like this unite, then those who really want to invest in stocks... won't they be ruined?" Yao Shuli raised the first question.
Yao Shula nodded.
Yes, that's a problem. Information asymmetry means that in this situation, anyone who knows someone at a securities firm is practically treated like royalty.
What does it mean to know someone at a securities company?
This means you can know information that retail investors don't, you can know a lot of insider information, and you can make decisions about building or clearing positions before many announcements are made.
In the early days of the stock market, who didn't experience that hope of finding insider information?
"Besides this, what else?" Yao Shula asked Yao Shuli.
"There is an even more serious one, which, once it breaks out, will result in irreparable losses."
If we lose money on stocks, at least we lose it ourselves. We throw money down the drain, so we can't blame anyone else.
But if money suddenly disappeared for no reason, anyone would go crazy!
"That danger exists now." Yao Shuli lowered her voice.
Yao Shula understood what Yao Shuli meant.
Currently, the government does not have unified regulation of the stock market. The Shenzhen Stock Exchange is busy with its own things, and the Shanghai Stock Exchange is busy with its own things. Everyone is doing their own thing.
There are even frequent instances where the stock market rises on one side and falls on the other.
As for policies... they will be more inclined to favor local businesses.
What's even more frightening is that nowadays, when people want to buy stocks, there's no third-party custody; the money is directly handed over to the securities company for safekeeping.
Many people in the banking industry say that securities companies now have much more money than banks.
Without regulation, it would be incredibly easy for people at securities firms to embezzle these funds.
Later, there were indeed cases where people from securities companies absconded with clients' money overseas, and those funds could not be recovered.
Securities companies now have too much power, and they can do far too many things that violate regulations.
"So what? What are you planning to do?" Yao Shula asked, looking at Yao Shuli, who was now fully recovered.
"So I need to avoid these accidents and risks. I don't want to work so hard only to end up benefiting others."
"Big sister, I need to take a break! I'm not even eighteen yet, and I feel like I still have a lot to learn." Yao Shuli looked at Yao Shula very seriously.
Yao Shula breathed a sigh of relief.
So you wanted to study hard!
This is a good thing! How can we stop it!
"Shuli, you're right! Focusing on your studies is the most important thing. You can never earn all the money in the world! Everyone should have some aspirations in life."
You must…
"There is a path to the mountain of books, and diligence is the way; the sea of learning is boundless, and hard work is the boat!" Yao Shuli continued Yao Shula's words.
Yao Shula nodded. "Not bad, my little brother has grown up and become quite successful! He already has his own opinions."
Having regained his spirits, Yao Shuli started rambling on to Yao Shula again.
"Big sister, let me tell you! The current situation is only temporary. Although the stock market is still crazy, quite a few people are already using those rules to make money for themselves."
When all this happens, the government will certainly formulate relevant regulations to standardize these matters.
I estimate that 1993 will be a very unstable year. The stock market will definitely rise first and then fall. Then the government will introduce policies, and at that time, there will be fewer and fewer people who want to make a quick buck in the stock market and leave.
Therefore, the best course of action for me in 1993 was to do nothing.
I'll be graduating in less than a year, and then I should be starting an internship.
I need to think about that first, as for the account...
I'm not going to do anything more. I'll come back once the stock markets in both places are more regulated and securities companies have less authority.
During this time, I want to be a good child and a good student!
"Big sister, you have to keep an eye on me!" Yao Shuli looked at Yao Shula expectantly.
Yao Shula...
"Okay, I'll definitely keep a close eye on you and make sure you study hard! So, are you not going to the securities company anymore? If you're not going, shouldn't you tell Gu Changqin?"
"After all, it was Gu Changqin who booked that VIP room back then." Yao Shula looked at Yao Shuli.
Yao Shuli thought for a moment, then suddenly shook his head.
"Big sister, I'll be gone for a few more days, no more than a week."
I still have some things to do!
"What's going on? Are you treating everyone to a meal? Or saying goodbye to everyone?" Yao Shula joked.
Yao Shuli chuckled twice.
"We really need to treat those people to a big meal! After all, they made a lot of money from their own account manipulation these last two times!"
It's not right to not pay any tuition at all!
"Are you going to dig a pit for those people?" Yao Shula understood.
"Of course! They follow me around making money on one hand, and on the other hand, they talk about me behind my back. Why should I tolerate them? Let them pay their dues!" After saying that, Yao Shuli started thinking about how to dig a pit for those people.
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