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Chapter 842: Naypyidaw National Public Offering

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Shen Huan's schedule is very tight.

Early the next morning, after sending Xiao Shuishui to school, he got on a plane flying to Caiyun.

In Caiyun, he transferred to a plane to Yangon, Myanmar, and then took a 45-minute flight from Yangon to Naypyitaw, the new capital of Myanmar.

Yes.

Many Chinese people don’t know that the capital of Myanmar is no longer Yangon on the coast.

As early as 12 years ago, the capital of Myanmar was moved from Yangon to Naypyitaw in the central part of the country.

Nay Pyi Taw is a completely new city, with an area nine times that of the original Yangon. It is very well planned and everything is built according to modernization.

But there's a problem.

That's because it is a new city, and there are no big cities around it, let alone convenient transportation. Therefore, even after 12 years, Naypyitaw is still not a prosperous city.

There are more various organs of the state here. The original residents of Yangon did not move to Naypyitaw with them at all, and still lived their lives in familiar places and cities.

However, now Myanmar’s official market has also been changed to Naypyitaw, and even the name has been changed to “Myanmar Naypyidaw Public Discount”.

So if Shen Huan wants to participate in the Burmese public sale, she must come here.

After getting off the plane, Shen Huan took a taxi to the booked hotel.

Naypyitaw claims to be able to easily accommodate 1 million people, but now it is probably less than 500,000 people.

And the planning of this city is weird.

Looking at the map, you can see that its administrative structure is in a small valley, completely separated from the main body of the city.

If people want to do anything, they have to take a long bus ride to get there.

Then he finished his work and drove back.

It took at least two hours to come and go.

Therefore, while ordinary capitals can promote commercial prosperity, Naypyitaw does not.

Even the streets and commercial facilities in the urban area are not very lively.

There are only more than 300,000 people living in this large city, which makes it seem a bit empty.

But in the past few days, Naypyitaw is probably a rare lively stage in a year.

Because the Naypyitaw public sale is about to be held.

Jade merchants from Asia, Europe and the United States will gather here to participate in the world's largest jadeite rough sale every year.

Of course, there is only one national public offering in Myanmar, and it is also the largest.

But it does not mean that Myanmar is such a public offering.

In fact, before 2011, Myanmar’s national public sales were held 2-4 times a year. However, after the political reform in 2011, it became once a year, which greatly promoted the rise in the price of Myanmar jade. , also promoted the surge in jade products.

For now, in January and June every year, Myanmar's large state-owned jewelry companies will organize their own supply of goods and hold the "Myanmar Jewelry Special Trade Fair", which is relatively large in scale and can be regarded as a supplement to the public sale.

As for other small companies, there are countless small trade fairs prepared by powerful people in private.

And those are basically in Yangon. Now that the capital of Myanmar has been moved, they seem to be more active.

This time, there are at least about 20,000 businessmen and entourage who came to Naypyitaw.

The influx of so many people into Naypyidaw will bring a lot of business and prosperity to the place in a short period of time, and of course a lot of chaos.

Including reception capacity, entertainment facilities, etc., and even public security issues are all prominent.

From this point of view, it is far inferior to Yangon before.

At least Yangon is an ancient city that has been around for hundreds of years. It has all kinds of facilities, prosperous commerce, and bustle everywhere.

Shen Huan decided on the best Hilton hotel here.

Pricing on the floor is definitely not just for Chinese people. During the off-season in Nay Pyi Taw, a single room at the Hilton Hotel only costs 50 US dollars per day.

But during this period, single rooms are priced at US$300, and suites of 30 square meters start from US$600. If you want something bigger and better, it is not surprising to pay two to three thousand US dollars.

Shen Huan booked a large suite with two bedrooms and one living room, which was too big for Shen Huan alone.

But because someone temporarily converted a room into a stone-breaking studio and equipped you with all the stone-breaking tools, this seems to be very necessary for many businessmen.

During the public sale, various vendors and middlemen are indispensable to sell their jadeite rough.

If you like it and buy it, you can sell it directly after returning to the hotel and successfully dissolving the stone, without wasting any time.

Therefore, even if such a room costs 1,500 US dollars a day, it seems that the supply exceeds the demand.

In fact, the farmers also know this, but Myanmar is a very chaotic place, and the central government cannot manage all places. For example, these small traders and middlemen, all of whom have some background and connections, are really not good. Grasp.

The basic rules of Nay Pyi Taw Public Market are as follows.

This year’s Nay Pyi Taw public sale lasts for ten days.

Today is October 15th, and it will officially start tomorrow on the 16th. From the 16th to the 19th is the viewing time, and from the 20th to the 25th is the bidding opening time.

A total of 6,333 jadeite rough stones will be auctioned in Naypyitaw this time, all with hidden bids at reserve prices.

The so-called hidden bidding means that after everyone is optimistic about the item number, they fill in a price and then put it into the box.

On the 20th, the jadeite rough stones with numbers 1-1200 will be opened, and on this day, you can also secretly bid for the jadeite rough stones with numbers 1201.

Once the deadline has passed, the public auction staff will calculate all the bidding prices related to this item number.

The tallest one among them successfully purchased the jadeite rough stone.

The hidden label corresponds to the explicit label.

An open bid is a well-known auction, where the bid is shouted out on the floor, and whoever has the highest price wins.

It seems that both explicit and covert bids are bidding, but in fact the difference is huge.

The clear mark is that you can see how much others bid. For example, if someone else bids 1.51 million euros for a rough jadeite stone, and you finally pay 1.511 million, you can still buy it.

But the hidden mark is different.

You don’t know how much other people are bidding!

If you encounter a rough jade stone that you particularly want, then you must buy it at a price that you feel is safe.

For example, if the price is 1 million euros, you are afraid that others will take it away, so you will increase your expectations and mark the price to 1.8 million euros, or even 2 million euros.

Only in this way can you ensure that you can buy this rough stone to the greatest extent.

Therefore, often, such hidden bid prices will have a very high false high, which will result in at least about 10%-20% more sales.

Over time, the revenue from the public offering increased by hundreds of millions, or even billions!

Therefore, there is an old saying in China.

Those who buy are not as good as those who sell.

That's the truth.