Rebirth: Super Banking System Chapter 2410 - 2250: Worth It
Previously on Rebirth: Super Banking System...
Over a period.
Massive sums of investment poured into Myanmar. Plenty of global funds got sidelined, clenching their jaws in annoyance, forced to bide their time for the upcoming chance.
Due to.
Hummingbird.
Not solely debuting on the Myanmar exchange.
Typically.
A firm gets listed on just one stock market within the same nation, yet it can debut again on exchanges in various countries.
Even.
Listing simultaneously in three nations is fine, fully lawful. Just that few businesses pursue this, since going public aims to gather capital.
If lacking strength.
Yet aiming to secure funding across multiple lands?
Keep dreaming!
Yet.
Hummingbird undoubtedly ranks among the elite, apart from its Myanmar stock debut, toward this year's close, it plans to hit the U.S. NASDAQ for further capital raises.
Spanning two nations.
As to picking Myanmar stocks initially, big investors get it—it's for boosting valuations upfront, then pulling in a hefty sum upon U.S. listing.
To sum up.
From global investors' view.
Tang Qing.
Harbors a cunning scheme.
...
Beijing.
Chai Ren.
Zheng Lin.
Zhai Zhihua.
...
A bunch of pals joined in to back it and snag some gains, the prior three firms' listings netted them at least billions apiece.
Pretty satisfying.
This round.
How could they skip it? From Hummingbird's start, tons of gazes fixed on its debut, Beijing's elite offspring have craved it eagerly.
At last.
The moment arrived, set to ride the surge once more.
Raising cash.
Borrowing.
Pledging assets.
Amassed a vast pool of money, geared up for a share, naturally not an over-the-top sum, given Myanmar's tight oversight on major fund inflows.
They boast solid connections.
Still.
Myanmar shows no bias, all proceeds by regulations, those approved investment outfits took ages to cultivate.
Elevated their credentials sky-high.
Hence.
This lets a fair chunk of big money slide in without hitches.
...
United States.
Ge Family Estate.
"Yet another huge win," Ge Feng laughed lightly, no way he'd overlook this shot, he lined up almost 100 million USD, nothing excessive.
If more.
The strain would mount, he's no mere gambler, cashing out profits and bolting isn't smart play.
Thus.
Intends to keep holdings long.
Similar to Tang Qing's other three ventures, shares barely touched, this 100 million stems from his separate enterprise payouts.
Aims to pour it all into Hummingbird.
Near year's end.
U.S. stock debut, toss in another 100 million USD.
Ideal.
...
Apart from Tang Qing's circle.
His team.
Loads of staff feel the pull too, their leader's fourth public company, ballooned so massively, if it doesn't rocket post-listing.
The odds are tiny.
So.
Everyone hustles to scrape together funds.
Snap it up.
Have to grab it.
Missing out means regret gnawing for ages, U.S. stocks are off-limits, but Myanmar ones, thanks to prior Qingyuan Technology buys, accounts exist.
Shift funds over.
This go.
Absolutely join in.
...
Thus.
Within mere three days.
A-shares dropped steadily for three sessions straight, huge capital pulled out and surged into Myanmar stocks, media coverage left folks stunned, in such a short span.
RMB influx to Myanmar topped 200 billion, and it's not solely small traders, includes firms, investors, and more, totaling the figure.
At first sight.
Myriad individuals marveled.
Plus.
This tally keeps climbing.
Eventually.
Three thousand?
Or four thousand billion?
Hell!
"Such massive fund exodus gonna cause issues?"
"Exactly."
"A-shares are toast, tons of small investors bolted, bound to dip longer."
"Yeah."
"Quick, pull out, lingering means no end in sight."
"No kidding."
"Gotta play it safe."
"..."
Most just observe, yet plenty fret over threats to Huaxia's financial stability, this enormous outflow isn't trivial.
Facing it.
Worry spread far.
Still.
Can't dampen the fervor.
Safety?
Forget it!
We're chasing profits, not losses, it'll return someday. Plus, parking cash in A-shares, seeing it erode slowly.
Who's yapping about 'safety'?
Pick a share.
Rest overnight.
Bam.
Down limit.
Rest again.
Bam.
Limit drop once more, that's safety? Pull the other one! Sure, some grasp the wider view, such vast outflows carry dangers.
But.
Handling dangers falls to the Securities Regulatory Commission, not our worry, so why fuss?
...
Beijing.
Securities Regulatory Commission.
Three days.
Back-to-back meetings for three days, all centered on this, verdict: minimal risk. After all, it's a one-off surge, not ongoing.
Gain from it.
Soon.
Funds will return.
Myanmar stocks remain tiny, to date, listed firms under a hundred, current boom won't last, ebb will follow.
Thus.
No intervention needed.
Actually.
In these years, though many Huaxia traders set up accounts for Myanmar stocks, high yields meant nearly all profited.
Doubled.
Doubled again.
Some scored five- or six-fold gains.
Afterward.
Lots opted to sell off, cash flowed home, so in inflow-outflow stats, it looks odd.
---Across years, more returned to Huaxia than left.
Indeed.
True.
More in.
Tens of billions, and that's with most holding tight, no big outflow here, it's clearly snatching Myanmar's wealth, and handsomely.
Over these years.
Low-end guess: at least 200 billion in profits.
This event.
Truly astonishing, but real nonetheless, and with many unsold, still gripping shares, the total could climb higher.
As expected.
Opening the gates to Myanmar stocks proved a smart move.
...
Shanghai Stock Market.
Villa.
Tang Qing lounged in the sunlight, eyeing the global stir, grin spreading as capital rushed to Myanmar stocks for riches.
Cash.
Gains worth only in motion.
For instance.
Lately, Myanmar stocks soared, Huaxia investors reaped big, total returns over doubled, what does that signify?
It signals.
Someone shelled out that sum.
Clearly.
Not Huaxia.
Further.
Nor foreign funds it seems, Myanmar locals? They mostly won too, so who footed this bill?
---Myanmar Bank Group.
Exactly.
Them.
Lately.
Via grip on Myanmar’s Securities Regulatory Commission, Central Bank, stocks... whole finance setup under Myanmar Bank Group's sway, thus.
Matters simplified greatly.
No curbs.
Hence.
Frequently, Myanmar Bank Group covertly backed rises, propping select Myanmar stock firms steadily upward, if sellers aimed to bail.
Minor ones.
Small traders covered.
Major ones.
Big money stepped in.
If certain funds sought exit, Myanmar Bank Group intervened, snapped up shares outright, steadied prices, this way, kept pumping support.
Myanmar stocks climbed relentlessly.
Then.
Issue pops up.
True hit?
Yes.
It's genuine, yet like merchandise or loan projects, from a lofty angle, wins and losses judged by goals.
Not mere figures, pointless otherwise.
Yes.
Paper losses.
But.
Other upsides exist, like widening Asia Dollar's reach, or channeling funds to select folks, firms, bodies...
In essence.
Numerically.
Deficit.
On grander scale.
Valuable.