Li Xian took the information Yuan Lin handed over and read it carefully twice before looking up at Lan Baolin: "Lan Baolin, your idea for investment banking is very good."
Lan Baolin's mouth curled up immediately. To be praised personally by the wise king was an honor that countless people dreamed of.
Although Lan Baolin's past was a bit bumpy, Lan Baolin did not hate Shang Guo and Li Xian. Instead, he was full of yearning; because of his yearning, he became the Lan Baolin he is today.
But after Li Xian praised him, he shook his head and said, "Your idea is good, but it's incomplete. It's missing an important component!"
"Ah..." Lan Baolin's heart instantly dropped like a roller coaster. Is there still an important component missing? Since the wise king said so, it must be a problem that cannot be ignored. If he really overlooked an important problem, would all his past planning and efforts be in vain
Just when Lan Baolin was feeling anxious, Li Xian continued, "The missing ingredient is not in you, but in the country."
Well, Lan Baolin's mood went on a roller coaster ride again.
Li Xian turned his gaze to Yuanlin, "Yuanlin, start setting up a risk stock market."
"What is the risky stock market?" Yuan Lin asked carefully.
But when Lan Baolin heard this, his eyes lit up and he immediately realized what he was lacking: he forgot to consider a corresponding stock trading market.
Li Xian continued to explain: "We now have a Beidoucheng Stock Trading Center, and many stock trading platforms have been extended from this foundation. But everything in the past had a significant feature, that is, all those who wanted to issue stocks had strict review thresholds. This certainly ensured the stability of the stock market, but it also lost the role that the stock market should play. Now, after all these years of development, we need to further reform and establish a risk stock trading center. This stock trading center has only one requirement... The company has a 12-month survival period! Have a formal business license from the Shang country. If a foreign group passes the review, it can also be listed here. As for whether the company is profitable, whether it is a citizen of the Shang country, whether it is opened by the human race, etc., don't consider it at all!"
"Ah..." Yuan Lin suddenly opened his mouth wide: "Xian Wang, this won't work. It will disrupt the entire market! Of course, the laws must be followed."
Li Xian shook his head and looked at Lan Baolin, whose eyes were shining, and said, "Lan Baolin, what do you think?"
Lan Baolin stood up excitedly: "Wise King, I think we should add two points. First, while lowering the threshold, all companies must disclose their finances and accept supervision from shareholders. Second, formulate several targeted laws. For example, compensation standards for corporate fraud, etc. Add a supplementary clause. If it is a foreign group, the state must provide necessary guarantees."
"Good!" Li Xian looked at Lan Baolin and praised him more and more. "How about this, Lan Baolin, you also go back and write a few corresponding laws. The country will buy them at a suitable price, and at the same time broadcast this matter as news, which can also be regarded as a publicity for your side. Also, in terms of the risky stock market, you will temporarily serve as Yuanlin's advisor. You will not participate in direct construction, but provide opinions, etc. But don't leave yourself a backdoor, otherwise even if the law lets you go, morality will not let you go."