Tycoon: I can see the goddess's wish list novel Chapter 384

Chapter 384: 382. Has the Good Feeling Degree of Shui Er and Fei Er skyrocketed?

Meanwhile, Luofeng, naturally unaware of the joyful chat among the young ladies, was cautiously preparing in the office to share a little secret.

"We’re not entering the A-share market!" Luofeng first set the tone.

Chen Ping and Tong Tianlong both looked at Luofeng with a touch of confusion.

Tong Tianlong even spoke up, "Boss Luo, the current A-share market is doing quite well. We can guarantee a profit of at least 10 million a month!"

Chen Ping nodded, "The A-share market is indeed doing well!"

"Let me tell you a story!" Luofeng said. He began to narrate slowly.

"In the A-share market, there is a pharmaceutical company. Since it hasn’t been exposed yet, I’ll refer to it as ’Q’ to protect its privacy. Q Pharmaceutical Company, two years ago, used financial fraud to fictitiously increase its revenue and decrease its expenses. Do you know how much money was involved?"

Seeing this, both men frowned slightly. Such incidents didn’t seem uncommon, did they?

Chen Ping said, "Boss Luo, we are aware of such situations. Indeed, some companies do operate this way, but we are confident we can handle them."

"Then what if their fraudulent information amounted to 29.9 billion?" Luofeng revealed the secret disclosed by the Prop Card.

"What? Boss Luo, you’re not joking, are you?" Chen Ping was stunned upon hearing this.

"Heh, do you think I’m joking?" Luofeng chuckled. 𝕗𝐫𝐞𝕖𝕨𝐞𝗯𝚗𝕠𝘃𝐞𝚕.𝐜𝗼𝚖

Chen Ping recalled that Luofeng was not someone fond of jokes; on the contrary, he was always quite cautious in everything he did.

"Do you think a financial fraud of 29.9 billion is a big deal?" Luofeng laughed dismissively. "I’ll tell you, even if this matter breaks out, I fear there won’t be any uproar. The most likely outcome would be a slap on the wrist."

Chen Ping fell silent.

Luofeng continued, "Why did I choose the riskier international market? Because I simply can’t make head or tail of the A-share market!"

The international market has significant risks. Take the currency exchange issue, for example. Using the Sakura Country market as an illustration, for Luofeng’s company to operate there, it first needs to convert its own currency into that of Sakura Country. Only then does it qualify to enter the market. After all, apart from the US dollar, other currencies are not universally accepted internationally these days. Banknotes are just a common medium of exchange; what if an emergency occurs? After all, currency is just printed, and in extreme cases, as much as desired can be produced. Even the US dollar, could it not face something unforeseen? Could it not default? Remember how the term "US dollar" came to be? Wasn’t it because a certificate exchangeable for gold was issued and then handed out to those who deposited gold? US dollar, take it or leave it, I’ve swallowed the gold. To this day, such a default is unlikely, yet currency exchange remains a hassle.

What’s more troublesome is that if Luofeng’s investment company’s funds were to remain in Sakura Country, they would be subject to investigation by Sakura Country authorities. This is similar to their previous stock market operations, and their funds could consequently be seized. So, the international financial market is very risky. But Luofeng still chose the international market over Daxia’s A-shares.

The reason was simple. The situation he had just described illustrated the issue. Luofeng couldn’t always know whether there were interest groups like Capital City’s Big Three behind the other party. Anyway, Q Pharmaceutical Company definitely had them! Such large-scale fraud, and they still managed to hide it. If you tell me there’s no problem with that, then should I change my name to ’Shabby,’ how about that? For such a murky market, if you don’t understand it, don’t invest recklessly.

Luofeng wasn’t afraid of being the sucker. With the size of Luofeng’s company, it actually had a strong ability to withstand risks. What he was most worried about was the company meeting the same fate as Chen Er Gou’s Family: being targeted and taken down collectively. If Luofeng’s company continuously made money in the A-shares and continuously made powerful enemies, it would inevitably follow the same path as Chen Er Gou’s Family, and everyone would be out to get them.

"Okay, you two, better shelve this plan of yours. Our company will still consider U.S. Stocks. As for the world’s second-largest playing field, we’ll leave that for others to handle!" Luofeng said indifferently.

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