Chapter 622. War of words

Chapter 622. War of words

After discussing with two lawyers and the Commercial Counselor of the Consulate General in New York, Zhou Chaoyang finally made the decision to accept temporary questions from the SEC committee.

Also present at the impromptu questioning were two lawyers and secretaries, as well as the commercial counselor of the consulate general and others.

After a while, Zhou Chaoyang and his group walked into a small conference room, led by two SEC committee staff.

In this small conference room, several ghost guys, including the SEC Vice President, were waiting for them, looking menacing.

Seeing the other people who came in with Zhou Chaoyang, especially the two lawyers, these guys frowned slightly.

Immediately afterwards, the two parties greeted each other and got to know each other.

After going through these formal procedures, the two parties sat down on both sides of the conference table and prepared to start talks.

At this moment, Xie Tianye suddenly took out a small video camera, turned it on, and prepared to record.

While doing this action, he also explained a few words.

"Gentlemen, since this is an informal question, it has not gone through normal procedures."

"To ensure the interests of my client, we need to videotape the entire question-and-answer process."

"If the SEC committee denies the video request, my client refuses to answer any questions."

This sudden change made several senior officials of the SEC Committee a little confused.

Their expressions changed instantly and they were quite annoyed.

As members of the SEC committee, which holds the power of life and death for a large number of listed companies, they have never encountered such a thing many times.

What's more, the other party is an investment company from Hong Kong Island, not the capital giants on Wall Street.

Thinking of this, the SEC Vice President and others felt their teeth itching.

However, they cannot refuse the reasonable demands made by the other party.

You know, this is a temporary inquiry initiated by them, and it is somewhat unfair.

After thinking for a moment, the Vice President of the SEC Committee nodded and said:

"Okay, you can record the questioning process. This is your right."

"That's perfect, Mr. McCain."

Zhou Chaoyang smiled and nodded.

At the same time, Xie Tianye quickly set up the camera and started recording.

McCain looked at each other and several other senior officials on the SEC committee and nodded slightly.

The next moment, the questioning officially started.

"Mr. Zhou, your Jiuye Investment Group is an important participant in the international financial market, and many investment businesses occur in the beautiful country's financial market."

"The SEC Committee is the highest governing body of the U.S. securities market and is responsible for the supervision of the financial market. We need to have an in-depth understanding of Jiuye Investment Group."

"First of all, please introduce the equity structure of Jiuye Investment Group. Does Jiuye Investment Group have shares in the Chinese government? Is it controlled by the Chinese government?"

McCain asked sternly.

Obviously, this is a question with ulterior motives and full of malicious intent.

Without any hesitation, Zhou Chaoyang immediately gave a negative answer.

"Mr. McCain, I can tell you very clearly that Jiuye Investment Group is a 100% privately held company."

“The equity of Jiuye Investment Group is entirely in the hands of the company’s founder, Mr. Yao Yuan, and there are absolutely no government shares.”

"This is publicly available information and can be found on the website of Jiuye Investment Group and the Hong Kong Monetary Authority."

"Relevant information can also be found on the website of your SEC committee. There is no doubt about this..."

Upon hearing this answer, McCain's expressions changed.

The next moment, a guy next to McCain asked:

"As far as I know, among the huge capital controlled by Jiuye Investment Group, at least US$50-60 billion comes from the Chinese government."

“In the past few months, Jiuye Investment Group has at least delivered huge profits of no less than 600 billion US dollars to the Chinese government.”

"Isn't this enough to explain the relationship between Jiuye Investment Group and the Chinese government? How do you explain this issue?"

Hearing this, Zhou Chaoyang couldn't help laughing.

He looked at the guy who asked the question, smiled and said:

"Mr. Freeman, you also said that the US$600 billion was investment profits, which is enough to illustrate the problem."

"The Chinese government is just an investor in Jiuye Investment Group and does not hold any shares. It just invested a relatively large amount of money."

"As far as I know, the Chinese government, through its financial institutions, has also invested in many financial institutions on Wall Street."

"For example, top financial institutions such as Goldman Sachs and JPMorgan Chase. Could it be said that Goldman Sachs and JPMorgan Chase are also controlled by the Chinese government?"

"what!"

McCain and Freeman were all choked, and their expressions were ugly.

They cannot say that Goldman Sachs and JPMorgan Chase are controlled by the Chinese government. They cannot say this nonsense.

Seeing their embarrassed expressions, Zhou Chaoyang was secretly happy.

Before the ghost guys on the other side could react, he continued:

"Jiuye Investment Group is just a private investment institution. It is normal to help investors manage their finances and obtain profits."

“On Wall Street and around the world, there are countless capital institutions that receive large investments from sovereign funds of various governments.”

"For example, Goldman Sachs and JPMorgan Chase, as well as BlackRock and Vanguard, as well as Singapore's Temasek, etc., every large financial institution has related businesses."

“If only one capital institution is targeted at Jiuye Investment on this issue, then we have to question the SEC’s professionalism and purpose.”

Following his words, the expressions of the ghost guys across from him suddenly turned uglier.

Everyone here at Jiuye Investment Group had a smile in their eyes.

The scene fell silent and the atmosphere was quite awkward.

After the mood calmed down a little, another SEC executive continued to attack.

"As we all know, Jiuye Investment Group is a super short seller and has been continuously shorting the international financial market."

"Your continued large-scale short-selling behavior has caused violent turmoil in the international financial market and undermined the efforts of governments of various countries to stabilize the international financial market."

"Do you admit this? Yes or no? How do you explain the continued short selling?"

Facing this aggressive question, Zhou Chaoyang was still smiling.

After thinking for a moment, he responded.

"Jiuye Investment is a big short seller and continues to short the international financial market. We admit this."

"However, we resolutely do not admit the crime of disrupting the order of the international financial market. This is just an attempt to impose a crime, and there is no excuse for it."

"Jiuye Investment Group's short-selling behavior is determined by the current market conditions, rather than our insistence on short-selling."

"As far as I know, many financial institutions on Wall Street are also heavily short-selling, such as Goldman Sachs and Paulson Fund."

"Obviously, these Wall Street financial institutions have the same view on the current financial market as our Jiuye Investment Group."

"As an SEC committee that pursues liberal economic policies, do you think it is really appropriate to raise such a question?"

Not surprisingly, the guys on the SEC committee got choked up again.

In the blink of an eye, about forty minutes have passed.

The door of the conference room opened again. Zhou Chaoyang and the others came out of the conference room, walked straight to the elevator, and quickly left here.

When they left, each of them had a smile of victory on their face.

In the small conference room behind them, there were bursts of angry roars.

"Fake! These damn bastards make me so angry."

"This matter is not over yet, let's wait and see!"


Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like