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Chapter 56 Trading Strategy Selection (1)

At this moment, Chenxi brought him another good news:

"The energy reserve of this machine will soon reach 1 unit of Galaxy Federation standard energy. When the energy reserve exceeds 1 unit of standard energy, the machine will be able to enable the 'squad transmission' function: the volume of the transmitting object is expanded to 10 cubic meters, and the total transmission weight can reach up to 5 tons. The energy consumption of the 'squad transmission' is 0.5 units of standard energy."

This team teleport function comes in a very timely manner.

The 5-ton transmission weight is enough for Lu Yang to buy a car and go to alien racing. When he mentioned buying a car, Lu Yang thought of the quantitative trading system that Chenxi was helping him develop.

This is his biggest reliance on making a fortune on earth!

"Chenxi, how is your quantitative trading algorithm development progress?"

"This machine has traversed most public historical trading information in the China Stock Market, China Futures Market, Bitcoin Futures Market, major national stock markets, foreign exchange trading markets, and international futures markets. What asset classes do you want to include in your quantitative trading strategy?"

The capital market is definitely not just a rampant one by plug-ins, and the water inside is very deep. For example, choosing a kind of trading product is a great knowledge.

After thinking for a while, Lu Yang first eliminated the overseas capital market.

After all, once foreign exchange issues are involved, things will become very troublesome. The main troubles include two points:

The first point is that China does not allow residents to use foreign exchange for investment.

China stipulates that the total amount of foreign exchange transferred in a year shall not exceed RMB 50,000, and the transferred foreign exchange shall not theoretically be used for investment. However, in actual operation, since China cannot monitor the capital accounts of overseas banks, once foreign exchange is transferred abroad, it can be said that "the sea is wide and the fish is leaping, and the sky is high and the bird is flying", which is completely out of the scope of supervision of China.

Although Chinese officials cannot monitor the actual use of foreign exchange for citizens overseas, if a Chinese citizen makes money by investing overseas and wants to remit the money back to China, it can be said to be a very dangerous behavior without reasonable reasons.

In recent years, many Chinese citizens like to transfer money overseas in the name of overseas travel, and then in fact, they use it to invest in foreign stock markets. However, when these people want to remit investment returns to the country, once the official foreign exchange management department notices, the relevant departments will directly partly or even confiscate the remittance.

Such tragedies are not an isolated case, and they can be said to occur from time to time in the overseas investment circle of China.

Unless Lu Yang always crosses the wall to go abroad every time he purchases time-traveling materials, he will not be able to send money back, and no matter how high the investment yield is, it will be useless.

The second point is that the foreign exchange limit of RMB 50,000 per person per year in China is currently difficult to bypass.

Although the overseas remittance amount of 50,000 meters per person is definitely enough for ordinary people, it is far from enough for the "time travel career" with amazing money-burning ability.

Some people may think, then I will ask relatives and friends for help, and everyone will give me 50,000 yuan in foreign exchange to foreign exchange and play the game of Ant Moving. Isn’t it possible to bypass foreign exchange control?

Sorry, this kind of thing can be thought of by ordinary people, and of course the relevant official departments also want it.

First of all, every cross-border remittance in the world is carried out through the "Global Interbank Financial Telecommunications Association or the Global Interbank Financial Communications Association System", that is, the SWIFT system. This is an international non-profit international cooperative organization. It organizes all its members according to the common interests of member banking and financial institutions around the world, and registers according to the legal system of small European countries, and is headquartered in Putrajaya, Biba.

No matter which bank you are in China, all transaction information must be processed centrally by the foreign exchange regulator in China, and then sent to the SWIFT system for confirmation.

China's foreign exchange regulators are naturally equipped with professional anti-money laundering early warning systems. Once more than two consecutive remittances are made, they are likely to trigger anti-money laundering early warnings if there is no legitimate reason.

For example, many people who invest overseas like to send money to overseas in the name of overseas travel, in an attempt to evade official foreign exchange controls. However, if the anti-money laundering system detects that there are two different natural persons who also send money to the same overseas bank account in the name of overseas travel, it is very likely to arouse suspicion from regulators.

Think about it, how can two people who seem to have nothing to do with travel abroad and use the same bank account?

You said you two are relatives?

Sorry! The act of finding relatives to borrow foreign exchange quotas is explicitly prohibited!

Many people may have said again, then I can just open dozens of different overseas bank accounts?

But things are not that simple.

First of all, if the account openings of these dozens of overseas bank accounts are all you themselves, it will also cause the foreign exchange management department to be vigilant.

Secondly, it is not that easy for you to find dozens of people who seem to have nothing to do with you to open an account for you. Because in recent years, China has significantly tightened the relevant regulations on "remote opening of overseas bank accounts".

In the early years, Chinese people were able to open overseas bank accounts remotely through the famous Oriental Pearl City. But now, even the banks of Oriental Pearl City require 99% of them to go abroad to open an account in person and no longer support domestic remote account opening business.

Therefore, if you want to find dozens of people who seem to have nothing to do with you and help you transfer foreign exchange, you must first buy a plane ticket and send them all abroad to open an account for you. The troublesomeness of this operation is difficult for most people to overcome.

In short, for ordinary individuals, large-scale cross-border remittances are quite difficult to operate.

Even for enterprises, it is not easy to directly carry out cross-border capital flows. Cross-border direct investment is now stuck very strictly, not only requires layers of approval, but also some policy support (refer to FuX Glass United States Factory Construction).

As for other legal capital flows, Lu Yang could only think of it by registering some offshore companies in the Eagle Cayman Islands or the Eagle Virgin Islands, and listing them overseas in red chip stocks, and then legally transferring domestic profits to overseas through dividends.

Say something off topic.

In fact, in China, there are many companies that have learned loopholes in this red chip stock system. The most typical one is some red chip real estate companies: the listed company is almost insolvent, and it is still paying dividends and dividends. It emptied the listed company through dividends, and then distributed it to offshore companies registered overseas by major shareholders. Finally, it left the bad debts in the country, allowing banks and people across the country to pay for the bill. The major shareholders get dividends and are free overseas.

Lu Yang's evaluation of such a company is only eight words: Shamelessness is especially harmful to the country and the people!

Get back to the point.

Whether it is a company or an individual, if you really want to directly transfer a large amount of money from within to abroad, under the current framework, you can only follow the wrong path of illegal and criminal activities, such as false trade.

Because of this, Lu Yang, a law-abiding citizen, has never considered doing overseas transactions.
Chapter completed!
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