October 13th.
Capital.
Kan Qin’s airplane slowly descended.
After nearly a month on visitation.
He finally completed all tasks on this trip to Africa. The released goods combined with project loans amounted to over 120 billion Asia Dollars, which when converted to US dollars, exceeded 15 billion.
This number.
Not too much.
But not too little either.
However.
It’s extraordinarily significant.
Because it’s Asia Dollar loans.
Unlike other countries, which give out loans in US dollars, this difference is huge, it’s also a sign of a currency moving towards internationalization—a step forward where the money you print is recognized by others.
Therefore.
Upon setting foot back on ho soil.
Kan Qin was excited.
This year.
Before the end of the year.
He still has several planned trips, primarily to countries in East Asia and South Asia. But why go the extra mile to Africa first? The reason is simple, so countries here are a bit more ’stubborn’.
Commonly called ’a duck’s stubbornness’.
Or in other words.
They just can’t accept this disparity for the mont.
Previously, everyone was poor together, but now that you’ve risen, pride just can’t be cast aside montarily, especially with this type of loan, which is filled with strong ’poverty alleviation’ implications.
Face.
Must still be considered.
Nevertheless.
Kan Qin is not in a rush.
Soon.
These countries will get used to it, and then everyone can sit down and talk business again.
On the runway.
As soon as Kan Qin stepped out of the cabin.
He saw Ling below the ladder, smiling warmly at him.
Apart from Ling, all the other vice-presidents of the capital were also present, which gave Kan Qin a subtle sense of satisfaction; his work was recognized by everyone.
Kan Qin jogged down.
To Ling’s side.
"Vice-President Kan Qin, you’ve worked hard."
Ling and Kan Qin shook hands.
Core principle of leadership.
---Let your subordinates know that what they are doing is needed by you.
"It’s not hard work. It’s my honor to be involved," Kan Qin quickly replied.
"Let’s have a good drink today," Ling said.
"Sure."
After greeting his colleagues one by one and being fild by journalists, Kan Qin got into the car. After being away for half a month, there wasn’t much change in the capital, just that so buildings had grown a few more stories.
But in Kan Qin’s heart.
It was as if he had been through a lifeti.
His trip to Africa.
He saw the true Chaos, backwardness, ignorance, and uninford, which by comparison, made their previous situation seem like child’s play. Not all African rulers were like Mozambique or Congo Gold.
With a strong desire to escape poverty.
Many were just looking to make a quick buck after gaining power.
During his visit.
He also faced the local power struggles, and even if they weren’t targeting him, he could deduce the intense rivalry and sches from watching it all; it was really frightening.
This made him unconsciously think back.
To the past.
If Kundun were to rise to power.
Would he make it just like Africa? He felt fortunate that Ling replaced Kundun and took Lang Cai’s place, grateful for Ling’s strength to suppress the opposition.
Without Ling.
They would probably still be vexed with integrating the whole Myanmar Economic Zone, or how to transform from an Agricultural country into an Industrial country, or how to sell more agricultural produce in exchange for foreign currency.
Now.
None of this is a problem.
...
As Kan Qin’s car was en route to the Presidential Palace.
On TV.
The news of his return was being broadcast continuously, not just the footage of Ling greeting Kan Qin, but also the significant Harvest and achievents Kan Qin brought back from his trip to Africa.
The host’s tone was sowhat excited.
"Up to now, Vice-President Kan Qin has signed commodity and project loans with various African countries exceeding 120 billion Asia Dollars. Asia Dollar’s internationalization has taken a crucial step."
"These 120 billion Asia Dollars will directly create over 200,000 jobs and generate over 100 billion in GDP. And this is just the first step of Asia Dollar internationalization."
"It is reported that in the future, we will continue cooperation with more African countries, or countries that have already received loans, to solidify our goods’ overseas market, and strengthen confidence in the Currency Value of the Asia Dollar..."
"..."
"Today, there are two days left until the Stock market opens. On the morning of the day after tomorrow at 9 AM, President Ling will personally Host the opening ceremony of the Myanmar Stock market in the Xin’an City trading hall."
"..."
"The primary Subscription market has been open for six days. All Investors are requested to submit new stock subscription applications before 12 o’clock tomorrow evening. Retail investors will be allotted Stocks proportionally."
"..."
In Wei Jun’s ho.
Watching the news.
A smile couldn’t help but appear on his face.
This ti.
He had finally caught the opportunity. The Stock market, still taking place in Xin’an City, you can imagine the level of importance Ling placed on it. Investing in it, you simply can’t lose, just look at the people around him.
Anyone with spare cash.
They all went and opened an account.
The stock sales this ti were divided into two parts.
One for large Institutions.
Another for retail investors.
Institutions took up 70%.
Packaged and sold by Myanmar Bank Group, aning, for new stock subscriptions, institutions don’t get to buy whatever they want; Myanmar Bank Group might ’package’ a good dozen stocks for you.
But retail investors don’t have this restriction.
Buy whichever one you want.
This kind of stock underwriting system.
Can be said to be unique in the world.
Buying a stock and being forced to take others, who would accept this? Yet, here they’ve done it, and no one dares to object. Of course, it’s only applied this once for the stock market’s opening, the rules won’t be the sa afterward.
Everyone looked at it.
Fine.
It’s no big deal.
The companies Going public this ti mostly have quality Property, go ahead and take it; otherwise, you won’t be able to grab the initial price stocks of Myanmar Environntal Technology Company, those prices, are very low.
Judging by the current trend.
Once the market opens.
Its opening price.
Could be more than twice the initial offering.
Only fools wouldn’t buy.
So.
In just two days.
70% of stocks were subscribed by large institutions, and the remaining 30% were quickly snapped up by retail investors. However, this 30% was allocated proportionally.
Hundred portions.
If a hundred people buy, it’s divided evenly.
If two hundred people sell.
Each person gets half a portion. More fair than the lottery system of Huaxia. As long as you subscribe, you’ll manage to buy so—it’s just a matter of how much. In other words, all are sold out now.
Everyone is just waiting for the market to open.
Even those who don’t understand stocks.
Watching the news every day, they hear that the Governnt is strongly supporting it to help companies grow and for people to invest and make money. Understand it or not, everyone starts asking acquaintances to open an account for them.
The craze.
Is almost comparable to Huaxia back in the day.
As far as Wei Jun knows.
Apart from dostic.
There’s also a substantial involvent of International Capital. He heard from a friend that so foreign companies directly transferred billions of dollars, ready to invest in the company they are most optimistic about—Myanmar Environntal Technology Company.
Regarding this.
Wei Jun chuckled to himself.
Ling’s goal.
It seems to have been reached.
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