In the past two years, Los Angeles has gradually replaced Johannesburg as a hub for capital flows throughout southern Africa.

The RAND Bank has played a huge role in this, and agricultural cooperatives have been part of the financial function since Roque established them in Johannesburg two decades ago.

Then came the establishment of the RAND Bank, and the financial sector in southern Africa became more and more mature.

After the emergence of the Bank of Rhodesia and the Nyasaland Company, securities trading also came naturally.

In fact, during the World War, the RAND Bank undertook a part of the government bonds issued by the British government and the federal government of southern Africa, most of which were claimed by large enterprises in southern Africa and did not circulate in the market.

The Los Angeles Stock Exchange is located on Ziwei Road between the government of Nyasaland and the city of Los Angeles, named after the purple trees that line the road, and is mostly inhabited by civil servants from the state and city governments, as well as executives from large corporations.

Compared with the London and New York stock exchanges, the Los Angeles Stock Exchange has stricter scrutiny of corporate listings.

To be listed on the Los Angeles Stock Exchange, a company must have a pre-tax profit of R100,000, a minimum of 100,000 shares to be issued, and regular financial disclosures for its shares to be eligible for listing on the exchange.

According to the requirements of the Los Angeles Stock Exchange, there are only 65 companies eligible to be listed on the Los Angeles Stock Exchange, and more than half of them are related to Roque, whose properties are very popular on the Los Angeles Stock Exchange, after Nyasaland Airlines and Edward Shipyard have successively sold 1 million shares to the market, and these shares have been swept away from the market as soon as they appeared.

October 14 is Monday, at 6 o'clock in the morning, the entrance of the stock exchange is crowded with people rushing to buy shares, today Nyasaland military industry also publicly sold 1 million shares, people who know the news came to the stock exchange early, hoping to get on the bus in time.

"As long as it is an industry in the name of the Lord, you can buy it with confidence, you can buy as much as you want, the Nyasaland Airlines I bought have been up and down for three consecutive days, and I don't know how much I can buy today-" Jordan at Rand Bank came to the stock exchange early, he had previously bought 120 shares of Nyasaland Airlines at a price of 1.5 rand per share, and now the shares have risen to 1.99 rand per share, and the value has risen from 180 rand when I bought it to 238.8 rand now, which is much stronger than going to work.

"Needless to say, you must be able to buy as much as you can-" Walter, who also works at the RAND Bank, was full of envy, he and Jordan specially took leave to buy stocks today, and the bank staff was more flexible in their thinking, and they were still more acceptable to this novel way of managing money.

Jordan couldn't help but sigh when he looked at the crowd behind him, working at the RAND Bank didn't provide much convenience for Jordan and Walter.

The establishment of the stock exchange in Los Angeles is to promote the flow of funds in southern Africa, so it is necessary to attract scattered funds in the society, and if there are no restrictions on the RAND Bank and Nyasaland, then I am afraid that these stocks will not have the opportunity to circulate in the market at all, and they will be directly digested internally.

"It's better to be careful, the stock doesn't always go up, the Nyasaland military industry has not been doing well recently, I only prepared 50 rand this time, if it can go up the best, it doesn't matter if it doesn't rise, it's impossible to fall below the issue price." Jordan is in a good state of mind, and the situation of the Nyasaland military industry has not been good recently, but it is not as rumored that it is about to go out of business.

During the World War, the Nyasaland military industry soared, supplying almost the entire Entente with weapons and ammunition.

With the end of the world war, the military industry generally shrank, and the Nyasaland military industry also closed several factories a while ago, and the most core departments were retained.

In order to survive, the Nyasaland military industry has also begun to work hard to save itself, research and development of new products at the same time to stimulate the demand of the civilian market, not to mention other aspects, tractor production is rising, very popular with the market.

Of course, there are still some situations that the outside world does not know, although the world war is over, the demand for weapons and ammunition in the world has not disappeared, and the demand in some areas has increased instead of decreasing, and very few people know about these news.

At eight o'clock in the morning, the stock exchange was officially opened, and the crowd of people immediately swarmed in, and all the trading desks were crowded with people.

In the trading room of the large customer on the second floor, traders Duke and Liang Chen of the Nyasaland company were drinking coffee, and they looked at the bustling trading hall through the wide floor-to-ceiling windows, and a sense of superiority arose.

"Did you hear, yesterday a guy from Europe bought 150,000 shares of Nyasaland military industry at one time." Duke has inside information that the Nyasaland corporation is a member of the Los Angeles Securities and Exchange Commission.

The Los Angeles Securities and Exchange Commission (SEC) is the governing body of the Los Angeles Stock Exchange, which consists of seven members, including Nyasaland Corporation and RAND Bank, South African Corporation, and the Johannesburg Mining Alliance.

Stock exchanges should attract not only free capital, but also European capital.

Previously, there was no stock exchange in southern Africa, so companies had to go to London if they wanted to go public.

Not to mention other companies, the core enterprises under Roque's name have never been listed, but the companies under Roque's name are operating very well, and almost all of them are high-quality enterprises, so European capital has long been eyeing the companies under Roque's name.

Now that Roque's companies are finally listed on the Los Angeles Stock Exchange in batches, European capital has moved to get a piece of the pie as long as they have the ability.

"The Nyasaland military industry is still very good, but the issue price is a bit expensive, and it is indeed very bold to buy 150,000 shares at one time-" Liang Chen sighed, Europeans are indeed rich.

Now the stock trading is not standardized enough, the price fluctuates greatly, when Nyasaland Air was listed, a share was only 1.5 rand, and when Nyasaland military industry was listed, a share has been sold to 4.5, which does not mean that the value of Nyasaland military industry is three times that of Nyasaland Airlines, which can only show that the market has more confidence in Nyasaland military industry.

Just last month, a French civil airline plane crashed while flying from mainland France to North Africa, and the plane disappeared without a trace, reportedly crashed into the Mediterranean, sparing no one on board.

The accident directly affected the share prices of all civil airlines around the world, but fortunately the plane that happened was not produced by Nyasaland Airways, so the impact on Nyasaland Airways was not significant.

Nyasaland military industry is a veteran enterprise, from the initial two bullet production lines, Nyasaland military industry has grown rapidly, can produce tanks and other military weapons, although the world war has ended, but as long as there is a conflict of interest, the war will not disappear, so the market is still optimistic about Nyasaland military industry.

"4.5 is where to go, doubling is not expensive, don't believe it and wait for the RAND Bank to go public, below 20 rand I will invite you to drink." Duke is confident that the stock market is now welfare, and that the temptation must always be reflected in order to stimulate the real target to enter the market, and the stock exchange will really show its power at least in a few years.

At that time, maybe the Los Angeles Stock Exchange will also become a sad place for European capital.

Not surprisingly, despite the high price of the shares issued by the Nyasaland Military Industry, all the shares were sold out within two hours, and at the close of the evening, the shares of the Nyasaland Military Industry were also up and down.

Coming to market in three days is Nyasaland Heavy Industries.

Also on October 14, Binga Forestry, from the Kingdom of Mozambique, filed an application for listing with the Los Angeles Securities and Exchange Commission.

In principle, the Los Angeles Stock Exchange does not accept listing applications from companies outside Southern Africa at this stage.

However, the relationship between the Kingdom of Mozambique and Southern Africa is special, Binga Forestry is the largest forestry company in the Kingdom of Mozambique, the vast majority of the timber is exported to Southern Africa, and there is close cooperation with many companies in Nyasaland, so the application was given the opportunity to be publicly reviewed by the Committee.

Binga Forestry hopes to issue 1 million shares on the Los Angeles Stock Exchange at a price of R0.5 per share, and the proceeds will be used to plant fast-growing forests to continue to provide more timber for Southern Africa.

"The price of 0.5 rand is too high, the share price of Nyasaland Airlines is only 1.5, and even if Binga Forestry owns the whole Binga Mountain, the stock is not worth 0.5." Kleist, the representative of the Johannesburg Mining Union, was directly opposed, and the entire Binga forestry combined was not worth half a million.

"It can't be said that the shares issued by Nyasaland Airlines only account for 5 percent of the total shares, and the shares issued by Binga Forestry account for 20 percent of the total shares, which is quite reasonable, and Binga Hill is not only forestry resources, but also rich in mineral resources." Jia Qun from the RAND Bank is interested, and Binga Forestry was originally invested by the RAND Bank.

After the establishment of the Kingdom of Mozambique, it was the capital from Nyasaland and Rhodesia that barely survived, and when the scum was alive, he had to visit Roque in Los Angeles every year, and now the scum has died, the little king is not yet an adult, and the regent is the Prime Minister Andy Sapir from Nyasaland.

Andy Sapir was already the fourth prime minister of the Kingdom of Mozambique, which also sent servants to participate in the Southern African Expeditionary Force during the World War, and nearly 50,000 people were killed in the battle.

The current Kingdom of Mozambique, with a population of about 1 million people, was once directly annexed by the Kingdom of Mozambique in southern Africa after the end of the World War, but it was not implemented.

There is no hurry to deal with this issue now, just like Madagascar, the time is not ripe for forcible annexation, which will arouse the vigilance of European countries, and in a few years, when European countries are too busy to take care of themselves, it will be easier for southern Africa to operate.