Millionaire Son in Law Chapter 2173 2174
Please read the latest chapter to continue the story.
- Explores the serious issue of insider trading in the stock market.
- Highlights the stance against illegal financial operations within a major group.
- Anticipates a significant announcement regarding the Song Group’s leadership.
Please enjoy reading this chapter.
Insider trading is a significant issue in the stock market. Company executives have access to non-public information. A new chairman is expected to be announced at the Song Group press conference.
Tianming’s unselfish attitude has made all shareholders more or less awed.
The stock market is changing rapidly, and anyone who can grasp inside information can make a lot of money.
Therefore, the most difficult thing to eliminate is insider trading.
For example, if a listed company wants to cooperate deeply with another larger multinational company, once the news is announced, the stock price of the listed company will undoubtedly rise sharply.
For ordinary people, they do not know the insider of the company, so they cannot seize the opportunity of insider trading.
However, for the executives of this listed company, they must have known this inside story during the in-depth cooperation negotiations.
If at this time, they deliberately buy a large amount of their own company stock while the stock price has not risen, and then sell it at a high level after the news is announced and the stock price rises, they can earn a lot of cash.
Although this method seems to be very easy to make money, it has clearly violated the regulations of the China Securities Regulatory Commission and belongs to the standard insider trading offense. To bear legal responsibility, there may be sentencing.