The Rebirth of the Financial Hegemon

When it comes to the financial industry, the first thing that many people may think of is the stock market.

But in fact, the securities market is just one of the main components of the financial market.

At the end of the 1980s, the financial markets in developed countries had a history of a century.

Banks, insurance, securities and trusts have become the main framework of the financial markets of these developed countries. It is also because of the prosperity and openness of the financial industry that these countries were able to lead other developing countries.

However, due to some special reasons, the entire country in China was almost in a closed state for a long time.

Under that kind of blockade, many people don't even know what the outside world is like, and they naturally have no idea what the financial market is.

By 1989, the Shanghai Stock Exchange was piloted based on the concept of launching if the trial goes well and stopping if the trial fails.

This is what people often say, crossing the river by feeling for the stones.

Under this concept, people's understanding of the word finance can be imagined. The pilot project will be closed at any time. In fact, every transaction is no different from gambling.

The Chinese are also the most speculative country in the world. During the World Cup, two-thirds of the handicap came from the Asian handicap, which shows how humane the Chinese are in speculating.

This factor was also the biggest reason why national debt was once so popular. There have been many rumors in the market that after the stock market was renamed T+1 in 1995, it was actually a test of closing down.

Everyone moved to another place to continue gambling.

The insurance market is not much better. Some factors are misleading and difficult to settle claims. Insurance companies have always been regarded as the biggest scammers.

It can be said that in that era, what people were most afraid of was having relatives who sold insurance.

As for banks and trusts.

Banks all have government backgrounds and are naturally the ones that people trust the most. There are only 88 trust companies.

These 88 trust companies are all directly controlled by central or state-owned enterprises and are inaccessible to ordinary people.

So when Zhang Hua heard the question asked by Zhao Jiangchuan, the first thing that came to his mind was that the financial market is all a scam.

Except for banks, which are relatively reliable, the stock market is a story, insurance is a liar, and trust is using public money to line your own pockets.

But it was obvious that Zhao Jiangchuan's question was definitely not that simple. Zhang Hua hesitated, not knowing what to say appropriately.

Zhang Hua's hesitation made Zhao Jiangchuan smile. He knew very well that due to the time difference, few people might be able to answer his question.

The reason why he asked this was for one purpose, that is, if he cooperated with Zhang Hua, he needed to have an absolute dominant position.

Otherwise, he is a hairless fake boy who does not have the ability to convince Zhang Hua. He will not be able to control this kind of human spirit who has been in the world for decades.

But with professional knowledge beyond the present and the most professional trading level in this era, Zhao Jiangchuan is confident that Zhang Hua will be convinced.

"Boss Zhang, I just asked you casually. If you can't tell me, forget it."

The method of provoking generals is definitely the method of provoking generals.

Zhang Hua could see the sarcasm in Zhao Jiangchuan's eyes, so he...

Very depressed.

Zhang Hua, who had always been proud and arrogant, was very disgusted to be despised by someone who was even younger than his daughter.

"Little brother, let's not talk about the stock market. Haven't you heard that the stock market may be closed down next year? Futures, let's not talk about the two families. I think, if there is no inside information, In fact, it’s no different from a casino, don’t you think?”

Zhang Hua couldn't hold it back after all, but the meaning of his words was also obvious.

That is to say, you kid, don’t make some money just to teach me a lesson.

It's not so easy to make money just because your dad is the director and has inside information.

Zhao Jiangchuan bared his teeth and smiled. Of course, he could not fail to hear the dissatisfaction in Zhang Hua's tone.

Insider information?

After all, the domestic financial industry has just started. Even veterans like Zhang Hua don't know that insider information can make money, but insider information can also lose money.

In other words, those who truly believe in insider information often die more miserably than ordinary people.

No one knows better than Zhao Jiangchuan that ordinary investors are nothing but leeks, and those with inside information are fat sheep that can be slaughtered at any time.

Zhao Jiangchuan did not directly expose it, he continued to say with a smile.

"Has Boss Zhang ever been abroad? Do you know how long the financial history of the United States is?"

Zhang Hua was a little confused. He couldn't keep up with the speed of Zhao Jiangchuan's thinking.

Zhao Jiangchuan did not allow him to answer, and continued: "The financial history of the United States is more than a hundred years old, but there have been countless speculators during these more than a hundred years.

There is a man who was born in the poorest family. He didn't even finish elementary school. He started with five dollars. At his peak, he made 100 million dollars in about nine days. The president of the United States had to go to see him in person. I don't know if Boss Zhang has heard of it. Is this person? "

Born in the poorest family, he didn't finish elementary school. He started with five dollars and made hundreds of millions of dollars in nine days.

Zhao Jiangchuan said nothing, but the series of words he put together were undoubtedly denying everything Zhang Hua said, and if Zhang Hua was not stupid, he would definitely be able to hear it.

Of course Zhang Hua is not stupid, and even if he is stupid, he will not be able to earn tens of millions of dollars.

Therefore, Zhang Hua was stupid...

Those few key words combined together only explain one point.

That was a person with no background and not even a few days of schooling. Yet this person actually made hundreds of millions of profits with only five yuan.

Damn it, I made 100 million in nine days, which is still US dollars, how is it possible?

Hundreds of millions of profits, what is the concept?

Many people may have no idea about billions of wealth, but Zhang Hua is different. At his level, he can truly understand how much money a billion is.

I also understand better how difficult it is to make 100 million.

100 million, calculated over ten years, would require earning 28,000 yuan a day.

How could you make so much money without inside information?

As for luck, Zhang Hua is certainly not stupid enough to believe that he can earn so much money by relying on luck. No one can have good luck all the time.

You may be able to make double, triple or even ten times the profit if you are lucky, but luck is of no use even if the profits are geometrically multiplied.

Zhang Hua knows this very well after decades of ups and downs in his life.

One hundred million.

Just thinking about this figure makes Zhang Hua find it hard to breathe. He really finds it hard to believe that someone can make so much money from the financial market with just five dollars.

It's a pity that Zhao Jiangchuan didn't give Zhang Hua any time to breathe.

"Forgot to mention, the 100 million he earned was in 1929. If converted into currency depreciation, it should be equivalent to about 50 billion now.

Of course, it’s still US dollars. "