Chapter 600 The public market is a big gamble

"By the way, you have to remember that 10% of the price of the winning jade will be paid within one month after the end of the Myanmar fair, and all the jade payments will be paid within 3 months after the end of the public market, and the deposit will be confiscated if there is a default, and if there is no default, the money will be returned to you, and it will be directly hit on the account you have formulated, and it will never be privately swallowed, and the Myanmar government still has this credibility. Liu Shengping reminded Zhang Tianyuan again, he would not look down on Zhang Tianyuan, these rules are very simple to learn, but the ability to gamble on stones, that is not something that anyone can learn if they want to.

"By the way, Brother Zhang, I forgot to ask, do you bring euros?

When Zhang Tianyuan and the others arrived at the entrance of the venue, they happened to meet Mu Yi who was also there, this guy was enthusiastic, and asked Zhang Tianyuan if he had the euro, if not, he would put it on the mat, and he didn't know how much luck he could take away from Zhang Tianyuan if he was so enthusiastic.

It's just that Zhang Tianyuan knows that he doesn't rely on any luck to gamble on stones, but on the six-character truth, and he will only buy those wool materials when he sees them with real materials, if he relies on luck alone, it is absolutely impossible to have such a big gain.

"Bring, this jade public market has always been settled in euros, if you bring other coins, it is inconvenient, so when I came over, not only brought US dollars, but also a large number of euros, this admission margin, very simple. Zhang Tianyuan is in line with the idea that he would rather spend money than owe favors to others, even if he really didn't bring euros, in fact, according to the exchange rate, it is the same to pay the deposit with other money, the so-called 10,000 euros is just a standard. That doesn't mean you have to pay euros.

"That's fine, my badge is out. Let's go in first, you guys hurry up. "Muyi, this kid doesn't know if he wants to go in and meet his lover. He actually ran in while humming a song.

After Zhang Tianyuan paid the deposit and filled out a personal information form, he got an admission pass, which was tied to a rope and could be hung around his neck, so that the person who checked the certificate could see it clearly when he went in. It wasn't until this time that Zhang Tianyuan realized the importance of this admission card, if you didn't have this thing, even if you went in, you wouldn't want to do anything.

The scale of the Naypyidaw Gem and Jade Pavilion is actually similar to that of the gambling stone venue in Yan Cheng, except that the people here are regular, while Yan Cheng is a temporary rented place, and this grade is different all of a sudden, especially this time the number of jewelry merchants from all over the world has increased sharply. It was as if all of a sudden they were all free, but in order to meet the needs of these people, the organizers specially cleaned up several venues that were not used and started using them. Zhang Tianyuan hasn't counted the entire area, but if you take a look, there should be a loss of square meters.

You can see it. Inside the venue, there were some well-dressed tourists who walked around and commented on the wool. Some people don't come to buy at all, they just come to visit and learn. There is a lot of wool jade here, but it will not affect other people's bidding, the key is that the area here is also large, not as crowded as Yancheng last time, in the final analysis, there are still too many Chinese people, and there are many people who join in the fun.

The Organizing Committee will issue a Bidding Specification written in English to each bidder, detailing the matters needing attention in the bidding, the number of the bidder, the type of bidding (open or covert), the quantity and reserve price, and the bidding time.

Bidding forms are available on-site.

Fortunately, Zhang Tianyuan's English is good, otherwise he wouldn't even be able to understand the "Bidding Manual".

"Damn, there are so many people here who speak Chinese, and most of the people who come are Chinese, so what kind of foreign language can you drag, or prepare a Chinese copy of the "Bidding Manual". Mu Yi came over scolding, and it could be seen that this kid didn't understand English, and he didn't know how he did business with foreigners, maybe this was also his strength.

"Actually, that's all there is to it, Muyi, you've been here more than once, don't you know?" Xiao Fengrui glanced at Muyi and said.

"I know it, every time I see these foreign languages, my grandmother is angry, bullying Lao Tzu for not being educated, isn't it that I don't know foreign languages, Lao Tzu is also a college graduate. Mu Yi said very unhappily.

These people were talking on the side, and Zhang Tianyuan carefully looked at the bidding instructions, after all, this has something to do with his bidding in the next few days, if you don't take a good look at it and get something wrong, it will not only be a shame, but it may also affect many things.

According to the above, bidders must browse the jade and jade wool participating in the public auction within the first 3 days after the opening of the public market, which is called "bidding", determine their bidding objects and bidding prices, fill in the bidding bids, and prepare for the official bidding on the bidding day.

After that, the bidding will be carried out in sections, and the bidding will be carried out on the first day, and the bidding results will be announced and publicized on the next day in a combination of rolling broadcast on the electronic large screen, pasting written announcements, and broadcasting repeated notices, and the identity of the winning bidder will be confirmed.

Wait until the end of the dark bidding bidding to conduct open bidding and announce the bidding results on the spot.

Probably there are only a few points that need to be paid attention to, and the rest are all details, not so important, Zhang Tianyuan took a look at it, and put away the manual.

"Brother, it's useless for you to just look at that manual, some things won't be written on it, or listen to what my brother says to you, don't be in a hurry to look at the wool. Xiao Fengrui saw that Zhang Tianyuan was reading the manual carefully, so he patted Zhang Tianyuan on the shoulder and said.

"What's the matter, is there anything else that hasn't been said above?" Zhang Tianyuan asked in amazement, at this time, he really felt more and more like a rookie, and he didn't understand anything.

"About the security deposit and breach of contract, your future father-in-law told you, right?" At this time, Liu Shengping and Weng Hong went to another place to look at the stones, so Xiao Fengrui spoke a lot more casually.

"Well, I said it, anyway, don't break the contract. It is said that there are consequences of being strict, but I don't seem to have anything to do with my mother boss?" Zhang Tianyuan lowered his voice and smiled.

"You made his kid dare to play again. If you play again, you will play yourself to death. In the past two years, especially in the business community. A small number of businessmen won the bid at a high price and occupied the high-grade rough in their own name, and then chose one or two of them to take away, and the loss of a little deposit will give up the rest. In the last session, there were 10 pieces of jade with a bid price of more than 100 million yuan, only 5 of which were paid on time and picked up, and the rest were abandoned. This has resulted in losses for both the organizer and the buyer. In order to prevent such incidents from happening, the Ministry of Mines of Myanmar, the organizer of the public auction, and the organizing committee of the public auction revised the trading principles at this auction, stipulating that the winning bidder must pay 10% of the transaction price as a deposit within one month, and failure to pay within the time limit will be deemed to be abandoned, and the registration deposit will be confiscated. The remaining 90% of the payment must be paid within three months, and if the payment is overdue, the organizer will confiscate the deposit, cancel the purchase qualification, and blacklist it, and will not participate in the public auction for ten years. And this rule is very strict now, even if you have acquaintances, it is not easy to use. Xiao Fengrui glanced at Mu Yi, and then said to Zhang Tianyuan very seriously. He didn't want Zhang Tianyuan to do the same thing as his mother.

"Don't worry, Brother Xiao, I'm not like that. Zhang Tianyuan doesn't need to do that, because he has a six-character formula and knows what wool is a good thing. What is not, he can also predict what the highest price of others will be when the secret bid is made, and he will then invest a little more according to that price. So there's no need to be clever.

"You don't, but someone can do anything. You must be careful when participating in this Jade Auction. In the case of the financial strength of several buyers in the public market, there are endless cases of mutual dismantling on the public market. Some merchants when bidding on large multi-piece combinations of jade. They will quietly put one or two of the best jade stones at the bottom, or use an oil pen to paint the green part of some wool exposed, this method is called burying the golden rooster to disrupt the opponent's line of sight, in order to reduce competition and bid for this jade rough at a low price.

There are also some buyers who take advantage of the confusion to reverse the numbers of good and bad rough stones, and this very unscrupulous bidder buys inferior goods at a high price. After the auction is over, even if the buyer who suffers a loss finds out the problem, he will not be able to find out who did it. There are also cargo owners blocking and lifting labels...... Originally, Gongpan was really a good place to learn, and the cost of jadeite processing chain continued to rise in the past two years. Coupled with the increasing number of investors, the explosion of hot money...... , the public market, which was originally like a battlefield, is even more full of gunsmoke!

The public market has made the competition for supply more intense. If you have money in your pocket, you can't panic and be listed on the jade public market. In order to win the few high-quality goods, everyone spared no expense. More buyers of Dongguangfu Construction now often adopt the method of joint stock and jointly bid for a stone, which is not only to increase the competitiveness of capital, but also to share risks. Anyway, in the final analysis, there is only one purpose, that is, to ask for guns and wool, to grab jadeite, you have to be careful, you can't fall for those people, and don't think that you can do anything if you have money. ”

After Xiao Fengrui finished speaking, Zhang Tianyuan's brows furrowed tightly, he thought that this would be a very simple thing, but who knows, there are so many things in it, it is really complicated, it seems that if one is not careful, he will be pitted, it seems that he really has to be careful and careful, and he must not be careless.

"Thank you, Brother Xiao, I have remembered your words, and I will definitely be more careful. Zhang Tianyuan said very solemnly.

If it weren't for Xiao Fengrui's words, maybe in the subsequent jade transaction, Zhang Tianyuan would have really been deceived, and it would be useless to find anyone at that time.

In fact, the public market is like a big gambling game, and in the final analysis, Myanmar is still the biggest 'dealer' in this gambling game, and it holds the right to deal cards. It is ultimately up to the Myanmar government to decide when and how much to release to the market. Jadeite is Myanmar's fourth largest source of revenue. Once the price of jadeite fluctuates violently, it will affect the interests of every buyer and seller in this long trading chain, but the biggest loser must be this country, which is half built on the foundation of this expensive stone, if one day this stone is gone, the whole country is estimated to collapse. Xiao Fengrui took a deep breath, stood up, and finally said something with some emotion. (To be continued......)