The storm of Southern Securities' illegal misappropriation of customer margins has become increasingly serious, and relevant regulatory agencies have also been brought in.

The reports of traditional media are relatively lagging and are much milder, so the online media has fewer concerns.

News that various branches of Southern Securities have been run by customers on large scale, and have repeatedly made headlines on major online portals and financial channels. Things have slid towards the unpredictable abyss.

A well-informed person revealed to the media that the China Securities Regulatory Commission and the Shenzhen Municipal Government have begun to intervene, and the two companies jointly appointed investigation teams to enter the Southern Securities headquarters for account closure and verification.

Naturally, all kinds of news that are difficult to distinguish between true and false in major media are flying all over the sky.

According to insiders of the China Securities Regulatory Commission, Southern Securities does have the problem of illegally misappropriating customer margins, but judging from the current situation, there is no possibility of bankruptcy liquidation at all.

It is understood that the liability for Southern Securities to illegally misappropriate client margin is being investigated, and the amount of margin suspected of misappropriation has not been fully counted, but the funds involved must have exceeded the calculation results of Peking University Qiaoshan.

The problem this time is very serious, but Southern Securities itself may be too large and involve too many personal accounts, so that something cannot happen and will receive government rescue.

Chen Qiaoshan stared at the computer screen and the report on Sina. He felt a little relieved. Finally, there was a more reliable industry insider who made it clear about the future trend of Southern Securities. It seems that there are still people in the securities market who understand the securities market.

...

With Kan Zhidong's resignation, Southern Securities' misappropriation of margin has been confirmed.

This involves the vital interests of countless people. Although Southern Securities has suffered huge losses for several consecutive years and has even been seriously insolvent, this mess cannot be completely solved by a simple bankruptcy liquidation.

China's securities industry started late, and legislation and supervision were seriously lagging behind. It is inevitable that problems will arise during the development process.

When the domestic securities market was first established, there were many difficulties and even many bad mass incidents occurred.

Speculation, buying and selling, insider trading... once caused a lot of social debate. At the critical moment, designer Deng made the decision, and finally got to where he is today.

Even in 2003, many regulatory policies and legal provisions still had many loopholes.

For example, the problems facing Southern Securities are now, the China Securities Regulatory Commission does not mandate that shareholders who open an account must handle third-party custody.

This has caused great safety hazards for investors' margins, and also gave securities firms room to operate illegally, which ultimately caused the current dilemma of Southern Securities.

When Chen Qiaoshan opened an account, he specially found a relatively formal brokerage firm.

Although it is not large now, after several rounds of brokerage rectification, it has gradually grown due to standardized operations.

Of course, this is just one of the problems, including illegal capital allocation, rat trading, related transactions, etc.

...

Chen Qiaoshan is not worried that the problem of Southern Securities will continue to worsen. Although it involves more than 100,000 shareholders, the government will provide a guarantee behind it, and the matter will be resolved sooner or later.

What he really cares about is the direction of public opinion, and the ultimate goal must be on the Delong Group.

As the illegal misappropriation of margin by Southern Securities was confirmed, a lot of noise gradually appeared on the Internet, and doubts about Peking University Qiaoshan are gradually decreasing.

Starting from hops, then from Delong Group, and then to Southern Securities, Chen Qiaoshan speaks out with meaningful words every time.

Although the evidence he has produced is limited in persuasion, and is not obtained from the relevant companies, but through analyzing the public news materials, the source of the evidence is clear and clear, basically it is news reported by the media or annual reports published by relevant listed companies. The conclusions given are indeed credible and very convincing.

Peking University Qiaoshan reported hops, but the hops fell, and the Delong Group, and the third stocks plummeted, and Nanfang Securities reported that Kan Zhidong resigned.

After a series of things, many people couldn't help but wonder.

Although the stock price of the Delong Group has recovered, it does not mean that they are fine. Qiao Shan of Peking University said that the Delong Group's capital chain may have serious problems, otherwise it would not involve the series of participation in illegal guarantees and selling Huiyuan shares at a low price.

The Internet seemed to suddenly become quiet, and the voices of scolding Qiao Shan of Peking University were almost extinct.

Although the margin misappropriated by Southern Securities also has institutional funds, it is more of the money of ordinary shareholders.

In this situation, no one can guarantee that there is no problem with the Delong Group, and the voices questioning Chen Qiaoshan naturally disappeared.

...

Chen Qiaoshan had long anticipated changes in online public opinion, and he did not take these into consideration.

Chen Qiaoshan has been paying attention to the news about the Delong Group these days. He clearly remembers that in these days, Delong Group will have several accidents one after another.

In the original history, the Delong Group safely survived the crisis, but with the current situation, it is not so easy to settle the crisis. Perhaps Chen Qiaoshan does not need to take action. A slight disturbance can drive them into the abyss.

He did not wait for the long-awaited news, but waited for a few uninvited guests.

As it was almost noon, Chen Qiaoshan had just accompanied Yan Xiaoqin to attend the last two classes when he received a call from counselor Zhou Sheng, asking him to go to Guanghualou.

After hanging up the phone, Yan Xiaoqin asked, "What are Teacher Zhou doing for you now?"

Chen Qiaoshan was not sure. He has been honest these days and has never escaped class. He really couldn't think of anything wrong.

"I don't know either. Let's go and have a look first. Otherwise, you can go to the cafeteria for dinner first, and I'll come to find you later."

Yan Xiaoqin shook her head and said, "I'd better be with you. Now I'll go to the cafeteria and I'll be crowded. Don't worry about this time."

Chen Qiaoshan didn't insist. His current location is not far from Guanghua Tower, and it won't take long to travel.

...

As soon as the two of them rode their bicycles to the vicinity of Guanghua Tower, Chen Qiaoshan's eyes were attracted by a car parked on the side of the road.

A shiny big Benz parked in front of Guanghua Tower arrogantly, saying that it was a bit of an exaggeration, but luxury cars are not common these days, and the s350 is still quite eye-catching.

It has been less than two years since China joined WTO, and the number of car ownership has just begun to explode. This is the first million-level luxury car that Chen Qiaoshan has seen since he arrived. Of course, trains, subways and other things are different.

When passing by, Chen Qiaoshan deliberately stopped the car and looked at it carefully.

The new 02 model is really cool at the moment, and it doesn’t seem outdated even after ten years. It is equipped with a Shanghai license plate, so there is no special thing, but it must be quite good if you can drive into the campus.

Yan Xiaoqin asked, "What's wrong?"

"Look at it, this car is not cheap."

"Isn't this Mercedes-Benz? How much does it cost?"

Chen Qiaoshan smiled and said, "You still know Mercedes-Benz? This car costs more than one million." Yan Xiaoqin rolled her eyes when she heard this, but she secretly said in her heart.

Although she doesn't care much about money, she is still shocked by the huge sum of millions these years. She can't help but sigh: "It's much more expensive than my car."

Chen Qiaoshan couldn't help but say, "What you said is your Saio, this car is enough to buy ten."

Yan Xiaoqin smiled and said, "What does that matter? I think Saiou is pretty good."

"This is nothing wrong with driving, it's not that particular."

"Do you like this car very much?" Yan Xiaoqin asked curiously again.

Chen Qiaoshan said, "That's not, this kind of car is too ostentatious, I just feel a little emotional." Yan Xiaoqin asked, "What do you feel when you see a car?"

"I have to work hard. Look, they are driving on the big bicycle. I'm still riding a bicycle now. If I don't work hard, why can I marry you in the future!"

Yan Xiaoqin laughed and scolded: "You think so beautifully, who wants to marry you!"

After a pause, she added: "What are you thinking about all day long? Do you have to go to great lengths to get married?"

Chen Qiaoshan laughed in his heart, thought for a while and said, "I have to set a high goal for myself. Only with goals can I have the motivation to strive, otherwise this life will be as lonely as snow!"

Yan Xiaoqin said disdainfully: "I find that you are becoming more and more pretentious!"

...

The two of them were talking and laughing downstairs. Chen Qiaoshan parked the bicycle and took Yan Xiaoqin into Guanghua Building.

As soon as the two of them walked into the first floor lobby, they walked directly opposite a group of people.

Chen Qiaoshan looked at it and saw three young and beautiful women coming towards him.

The man in the middle, Chen Qiaoshan met Li Xiaolin, a classmate in the class. The other two looked like they were twenty-four or twenty-five years old. The three of them looked very familiar, and they were talking and laughing all the way.

Li Xiaolin also happened to look over. Chen Qiaoshan nodded to her even though he had said hello, this woman is not simple, so it would be better to provoke less.

When the two groups of people passed by, Chen Qiaoshan was stunned and muttered in his heart.

He couldn't help but look back and always felt something was wrong. The young woman on the left of Li Xiaolin looked familiar, but she couldn't remember where she had seen her for a while.

Yan Xiaoqin looked at Chen Qiaoshan and looked back repeatedly, feeling very unhappy, and said coquettishly: "Hey, what are you looking at?"

It could be heard that she was very dissatisfied in her tone.

Chen Qiaoshan said: "There is one of the people I have just passed by, and it looks familiar."

Yan Xiaoqin glared at him and said angrily: "Isn't the person in the middle Li Xiaolin from your class?"

Yan Xiaoqin also followed Chen Qiaoshan to Guanghua's class from time to time and met many students in the financial experimental class.

Chen Qiaoshan said: "I'm not talking about her, it's the person on her left."

Yan Xiaoqin thought about it and found that she had no impression, "Why didn't you ask Li Xiaolin just now, it's not that you don't know each other."

"Forget it, I guess I recognized the wrong person."

"I just knew you were talking nonsense, and what looked familiar, you were obviously having bad intentions."

Chen Qiaoshan was speechless and had no choice but to take the blame.

"Hey, don't say it, the man's face just now looked a bit like Chen Xi." Yan Xiaoqin added in a daze.

Chen Qiaoshan was stunned and said casually: "Where does it look like? It's a little bit possible if you say you're looking like Xiaowu."

As soon as he finished speaking, Chen Qiaoshan was stunned. He suddenly realized that the young woman's face shape just now was indeed somewhat similar to Xiaowu. No wonder she gave him a very familiar feeling.

"Is that right? I've seen Xiaowu once. The time you were injured, I can't remember Xiaowu now in a short while!" Yan Xiaoqin said.

Chen Qiaoshan thought about it and then let go of his mind. This might be an unexpected coincidence.

The world is so big, and there is nothing strange about the similar face shape, so I feel relieved after thinking about it.
Chapter completed!