Chapter 564 Subscription Craze

Nathan Road, one of the most famous streets in Kowloon!

This street runs through Kowloon from south to north. There are countless businesses, tall buildings, and busy traffic along the way. It is extremely prosperous!

At this time, the Mong Kok section of Nathan Road was completely blocked by the surging crowds on both the north and south sides.

The center of the crowd is the Mong Kok branch of Jiuye Securities, which has just opened for more than a week. It is not yet open.

Starting from the entrance of Jiuye Securities Mongkok Sales Department, four or five teams lined up to the north and south.

As these teams extend further, many branches are derived. The farther back the team goes, the more branch teams there are.

Later, this section of the street was completely blocked by people.

Although the police had a plan and made some preparations, they still did not expect the situation to be so exaggerated.

Thirty or forty police officers at the scene were shouting at the top of their lungs, trying to disperse the crowd and maintain traffic order, but to no avail.

The streets were still blocked and everyone in the queue was unwilling to give up their place and leave their team!

They knew in their hearts that once they left the queue, it would be impossible to squeeze in. They could only go to the end of the queue a few hundred meters away!

Faced with this situation, the police who maintained order were helpless and helpless!

Even they want to take off their police uniforms and squeeze into these teams!

But when wearing police uniforms, they can only stick to their posts and try their best to maintain order at the scene!

The same scene was happening simultaneously at the New Territories Sales Department of Jiuye Securities and the Jiuye Securities headquarters in the Bank of China Building, but the situation was slightly different.

There is, of course, a reason why this happens.

Just today, the fund management company under Jiuye Investment will publicly issue five new funds at one time.

The scale of these five new funds ranges from HK$50 billion to HK$100 billion, and the overall scale is staggering.

More importantly, these five new funds will be open to subscription by all citizens of Hong Kong Island, not just the wealthy class.

In other words, as long as you are a law-abiding Hong Kong Island citizen.

As long as the money in hand is legitimate income, you can queue up to subscribe for these five new funds.

Of course, there are certain conditions for subscribing to these five new funds from Jiuye Investment Group.

First of all, the first condition is that you must be a citizen of Hong Kong Island. Subscriptions from foreigners are not currently accepted.

The second condition is that the upper limit for fund subscription is HK$200 million for individuals and HK$1000 million for institutional customers.

The third condition is that the funds used by customers to purchase funds must be legal income.

There is also the last condition. Customers who subscribe to funds must be natural persons or institutions with a clear mind, a certain degree of risk awareness, and independent civil capacity.

Apart from these conditions, there are no other restrictions.

In view of the amazing yield of Jiuye Investment Special Development Fund and the almost mythical investment profitability of Jiuye Investment.

As soon as the news that these five new funds were about to be listed and open for public subscription came out, it immediately caused a sensation in Hong Kong.

Seeing this news on the financial news, almost all citizens on Hong Kong Island were excited.

Ordinary citizens who have some money in their hands are eager to give it a try and want to participate in the subscription as soon as possible so that they can make a fortune with Jiuye Investment.

After a week of publicity and fermentation, today is finally the day for public subscription of the five new funds of Jiuye Investment.

Because of this, many Hong Kong Island citizens went out early in the morning and queued up to register at the Jiuye Securities Sales Department. No one wanted to miss this good opportunity to make a fortune.

But who would have thought, I came early enough, and as a result, there are many people who are earlier and more eager to get rich than me.

Faced with this situation, everyone had no choice but to wait in line.

While queuing, people were chatting animatedly.

"Yao Sheng's Jiuye Investment launched five new funds at once, each with a scale of HK$50 to 100 billion, which is really amazing."

"Can Hong Kong's financial market digest five new funds of such staggering scale? Will there be a risk of losses?"

A middle-aged man in his forties said, seemingly worried.

Before he finished speaking, another middle-aged man in front of him smiled and shook his head.

"Obviously, you didn't read this morning's Ming Pao and the morning financial news, so you have this question."

"It was reported in the news that Jiuye Investment decided to inject US$20 billion into each new fund to ensure the solvency of each new fund."

"The US$100 billion will not be withdrawn before the five new funds are liquidated, and they were all transferred to the fund accounts yesterday. The Hong Kong Monetary Authority is responsible for supervision and confirmed this."

"In this way, everyone does not have to worry about the solvency of these funds. Jiuye Investment's large-scale fundraising cannot be a scam. Everyone can invest with confidence."

"As for whether the Hong Kong stock market can absorb so much money, it is not a problem. Jiuye Investment does not play in the Hong Kong stock market at all. Yao Sheng plays in the international game. No matter how much money he has, he can play with it."

Hearing this, everyone at the scene nodded and echoed a few words.

Then, a young woman in her thirties suddenly said:

"As far as I know, the Jiuye Investment Special Development Fund that our boss subscribed to before has more than doubled its profit in just two or three months."

"I wonder how profitable these five new funds are? It would be great if they could double in two to three months."

"In that case, if I lose money in Hong Kong stocks in the past few months, I can make it back in the new fund invested by Jiuye."

While he was talking, the door of Jiuye Securities Sales Department in front suddenly opened.

Immediately afterwards, several securities company employees in suits and ties walked out of the door together under the protection of security personnel.

The leader, a middle-aged man, also held a trumpet in his hand.

As they appeared, there was a commotion immediately, and everyone looked at them.

The next moment, the middle-aged man raised his handheld speaker and loudly said:

"Good morning, everyone. I am the general manager of a fund company under Jiuye Investment Group. My surname is Yang. I am very happy to meet you and I am very happy to provide you with investment services."

"Don't worry, everyone. Today we are just queuing up to register and receive the subscription number. We will not start the subscription immediately. Everyone has the opportunity. Just register in an orderly manner."

"After everyone has registered, we will conduct a public lottery under the supervision of the Hong Kong Monetary Authority, and the winning investors can participate in subscribing for several newly issued funds by Jiuye Investment Group."

"The lottery mechanism is very simple. We will publicly draw out a few numbers among the ten numbers from 0 to 9. As long as the last digit of your number is among them, it means you have won the lottery."

"After you are confirmed to have won the lottery, you can come to Jiuye Investment to handle the fund subscription procedures any day next week, or you can also do it online after confirming your identity."

After hearing his explanation, everyone suddenly understood.

Immediately afterwards, there was a discussion at the scene.

"Everyone wants to subscribe to these five new funds invested by Jiuye. It seems that the only way is to draw lots. This method is indeed fair."

"Yes, if you only look at the last number and not your identity or money, then it is indeed fair and everyone has a chance to win."

While he was talking, someone suddenly asked loudly:

"Yang Sheng, why do you need to add the first condition when you subscribe to these new funds from Jiuye Investment?"

"It's just investment to make money, why are there such conditions? I don't quite understand, can you explain it?"

Mr. Yang looked at the guy who asked the question, and then explained loudly:

"This condition is actually easy to understand. In Yao Sheng's words, it means that we cannot hold the jobs of Hong Kong Island's economy while throwing the blame on Hong Kong Island's citizens!"

"Jiuye Investment Group is based on Hong Kong Island and naturally hopes that the future of Hong Kong Island will be better, so we require investors to love x love x"

"If we can't do this, it means that these investors are not on the same road as us, and we have different paths and we have no choice but to leave."

Following his words, everyone at the scene finally came to a realization.

But how did they know that Yao Yuan had a deeper intention.

He wants to use benefits to attract more Hong Kong people to his camp, so as to achieve the ultimate goal of transforming Hong Kong Island society.

In fact, many of the things he has done during this period are for this ultimate goal, and they have begun to bear fruit!


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