Forty Millenniums of Cultivation

Li Yao manipulated it quickly on the platform and understood: “The stronger the fixer, the higher his share price, the higher? ”

Zhao Hongguang said: “In theory, but the reality is much more complicated, and it has to do with the age, background, social relations, and the way the coupons are divided. ”

“For example, a Knight Brother is over 200 years old, strong enough, and the 'share price' will not soar too high, unless he has a great hope of forming a Yuan Baby, which is a good understanding. The years are unforgiving and have no potential. ”

“For example, if a practitioner breaks through, but his direct competitors make a bigger breakthrough, the ‘stock price' of the practitioner will also be repressed, and there will be no room for a tiger. ”

“It is another story, for example, that a practitioner is not strong, but has recently been in dire need of money, biting his teeth, issuing a batch of coupons for $100, but promising a dividend of $20 a year, naturally hot, and the stock price goes up, and whether it can be fulfilled at the end of the year. ”

“More often than not, the strength of a practitioner has not changed much, but he claims to have discovered a new world of debris, or a new wreckage of the star sea, which naturally has more than a dozen price increases and stops. ”

“In short, the repair market, like the stock market, does not mean that the better the sect performs, the higher the share price must be. It is also an infinite world, and it is very deep. ”

“However, Chairman Sha is also reassured that the repair market is managed by the" Real Regulatory Commission ". Oh, it is the" True Securities Supervision and Administration Association ". If anything happens to release false information, or insider trading, it will be severely punished! ”

Li Yao nodded, he had heard about the repair voucher before, knowing that it was a mature, open and legal financial product, but it was only a precious time, and he had not worked hard to study it.

In this way, listing yourself is a good way to quickly absorb training funds.

In a moment of silence, Li Yao threw another crucial question: “Is it true that a sectarian listing is subject to strict auditing and surveillance, as is the listing of a practitioner? ”

“How can I do this if there is an organization that closely monitors every penny I spend and knows the progress of my training in every area? ”

Zhao Hongguang seemed to have taken into account Li Yao's concerns a long time ago. He smiled slightly: “The situation of the repairman is quite special. Most of them have the secret of the bottom of the box, so it is not easy to show people. This was long ago thought. ”

“Well, the coupon is just a generic name, and there are many more classifications like cow hair. ”

“There are some coupons, every detail must be revealed, after all, ordinary investors, the people who have worked so hard to save their whole lives in our hands, must give someone a confession, right? ”

“Funds have been raised from ordinary investors, what treasures have been purchased, what training has been carried out and what steps have been taken must be published periodically, monthly, quarterly, semi-annual and annual reports, all of which are missing. ”

“However, there is also a kind of repair voucher, but nothing is asked. As long as you can freely redeem it, you can pay dividends on time. You can probably take this money and practice freely. As long as you don't get found out by the Real Regulatory Commission, you can do anything illegal with this money. ”

Li Yao stunned: “The second type is very risky, who will buy it? ”

Zhao Hongguang smiled: “The higher the risk, the higher the profit! The first type of 'transparent coupon' is a robust investment product, with a low annual dividend and less inflatable yield, which is slightly higher than bank interest. ”

“Secondly, we call it 'free voucher’ in the bank. The risk is high and the reward is higher. If Chairman Sha wants to issue free voucher, he should get 100 yuan now and return 200 yuan or more in three years. ”

Li Yao thought about it. With the development of Yaoshi Group and its own training speed, the three-year loan doubled, not much.

Zhao Hongguang continued: "Chairman Sha does not need to be involved. Most of the fixers are issuing ‘combined coupons’, which have both transparent parts and secret parts for their own free disposal. ”

“Not all the magic of a practitioner can be invisible, can they? If that's the case, can't it be the devil's way? ”

“Just like Chairman Sha, of course there are some core divinity, don't want to be public, but there must be some basic divinity, don't be afraid to see light. ”

“The training funds you raise through the Transparency Voucher can be used to cultivate these invisible practices; and the true core divinity is cultivated with that portion of the funds raised through the Liberty Voucher. ”

“In addition to this, 'Directed Shenzhen Vouchers’ can be issued. ”

“For example, if you want to practise Daemon today, which is estimated to cost you 50 million, then you can take the budget and issue 50 million Daemon directional vouchers. ”

“You and the investors agreed that I would borrow 50 million dollars today, which is dedicated to practicing Mighty Optimus, and I would never use it anywhere else. You see, what materials I'm going to buy, what kind of workshop I'm going to rent, how many trainers I'm going to hire, how much it's going to cost, and so on. ”

“If you have practiced hard on your hands within five months, how much will you return with interest and, if not, how long will you return it? ”

“Directed coupons issued in this way have little interest, little risk and are well received by ordinary investors because of their single use and transparency. ”

“Do you see how flexible and convenient it is to raise funds by combining vouchers and targeting them without fear of discovering your secrets? ”

Li Yaolin nodded.

With such mature financing channels, large amounts of cultivation funds can be obtained lawfully, efficiently and harmoniously. No wonder there are far fewer murders of treasure in modern cultivation.

After carefully studying the issuance method of the repair voucher, Li Yao just expanded his eyebrows and slightly wrinkled. He asked: "President Zhao, the issuance of the repair voucher is not an overnight event. It also needs to undergo long-term review by the Real Regulatory Commission, before and after, at least a year and a half load. ”

“Besides, issuing a repair ticket doesn't seem to be up to your bank? ”

“I've been trying to raise a lot of money lately, preferably within half a month. ”

“Since you proposed today's meeting, there must be two beautiful ways to do it? ”

“Yes.”

Zhao Hongguang did not go around the bend and threw the deal directly. “The issuance of authentic bonds, of course, is not the business of our joint bank in Hengfeng Star Realm. Even if we submit the issuance plan now, it will not be able to be judged without a year and a half load. ”

“However, we at Yokowind Union Bank, as well as the major factions in Yokowind and surrounding three or four stars, are very keen on Chairman Sha's cultivation potential and are confident that your coupon will be issued successfully and that once it is listed, the price will soar rapidly. ”

“Yes, we would like to make a deal with Chairman Sha, we pre-subscribe for a large number of coupons you have not yet issued, or use this batch of coupons as collateral to lend you a large amount of money first! ”

Zhao Hongguang solemnly pushed a jade Jane over, “This is our plan, Chairman Sha, please look. ”

Li Yao inserted Jade Jane into the crystal brain, quickly browsed through it, and took a deep look at Zhao Hongguang: “The amount is really high, but the interest is higher! ”

“President Zhao, Yiushi Group is in the golden development period, it takes less than a few years, the scale is still ten times bigger! ”

“In my own words, on Iron Plains, I also have a deep relationship. ”

“At the same time, I also have the full patent for combat power detectors, part of the patent for polar chainsaw guns, and you should know the value of both. ”

“As for my strength, let alone mine. ”

“Invest in me, with minimal risk, extremely high returns, such high interest rates that exceed my expectations. ”

Zhao Hongguang smiled without saying a word and looked at the elderly astronomer around him.

The old man of the sky machine was made of iron, he didn't say a word before, only at this moment he made his first sound, the sound was like a gear spinning, without a little emotion.

“Chairman Sha, in our ‘evaluator' circle, divides a proselytist, or a sectarian credit level, risk level, into eight levels. ”

“The heavens and the earth are yellow and the universe is flooded. ”

“The heavens, at the highest level, represent a promising future, infinite potential, very safe and in no way risky, worth investing heavily in. ”

“Fixers or sects rated ‘heavenly’ can raise large sums of money at the lowest cost, and the interest on their loans will certainly not be too high. ”

“Your words are currently assessed as‘ Yu 'by our' Skygate ’. We believe that investing in you is high yield, but also high risk. It is advisable for major institutions to invest carefully and not for individual investors to intervene. ”

“Oh?”

Li Yao leaned on the back of the chair and became interested, "Where is the risk? ”

"Your strengths," said the archaeologist, "have just been summed up very thoroughly, needless to say. ”

“But in our sky gate assessment, you have two of the biggest risks. ”

“First, we understand that your battle style is not the same as that of an ordinary gas refiner, and that in a number of comparisons at the University of Planet Star, you have repeatedly applied a similar magic tone that liquefies spiritual energy far beyond the peak of the foundation period in the general sense. ”

Li Yao hummed softly, without denying it.

The old man had no expression on his face. He continued: "To go beyond the peak of foundation building, the next step is to knot Dan. Of course, knot Dan is at risk. A little inadvertent is to get into the demon and make a big fall. ”

“Unlike the average person, your practice secrets, we estimate that the risk of knockout goes well beyond the average foundational peak monk. ”

“This is the first big risk we want to alert investors to. ”

“Secondly, the assassination of the Hall of Everlasting Life. ”

“According to multiple sources, you are now ranked fourteenth on the Must Have Killed list in the Palace of Changsheng, far exceeding most of the Knightan Brothers. ”

“If you were really assassinated, despite insurance company payments, it would still be a significant loss to investors. ”

“Given these two risks, although your development potential is really high, we can only rate your credit rating as‘ woo ’. ”

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A bookmate asks:

Isn't there a unified government in the planetary world, like the JRC's organization, including auditing, monitoring, punishing… how?

Explain here that the planetary world just doesn't have a "united” government, and every star area, even every town in the sky, can naturally be seen as a small government.

As for the JISC, including the Audit Department, it is managed by the "Industry Association”.

Armorers have armorers' associations, refiners have refiners' associations, the banking industry has its own associations, and the natural securities industry has its own associations.

Many fantasy novels have a delightful set of "unions," which is actually true.

Historically, in the Middle Ages of Europe, there was no unified government in many places, but after the abnormal development of trade and commerce, it was coordinated and managed by trade unions, associations and associations.

By the way, today is the real chapter 666, so auspicious the numbers, sir, don't you want two monthly invoices?