Wednesday, December 15, 2010

Skip the "stock market guru," how to win the majority investor in China?

Sinolink securities "Chief Economist" Golden Rock in China's capital market investors who enjoyed a high popularity in his own words on the blog, he is the "most influential people". Such a person is a "stock market guru." However, the "most influential" in fact is a double-edged sword, in honour to its own, but also potential crises. Just recently, the Golden Rock is the other side of the ocean, a Chinese-American who was around to his recourse against a 10 year-old debts. The case of foreign debt piles Jaron Gold Rock a little bit "at ease" in overseas tour also had to disappoint.

The present report, the lawsuits are not complex, it is also not the subject of litigation. Gold Rock the United States started a company called sunup securities of the company, to help the American Chinese financial, only to lose a miserable, finally got into the case. According to the United States for the final determination of the judiciary, the Golden Rock, 4-bit the defendant to the plaintiff's claim $ 100 k, mutatis mutandis, of 10-year Treasury bill rates add 5.393% interest. At the same time, the King of rock and his securities company to reimburse the plaintiff respectively to $ and $ 2.5 of punitive damages, Golden Rock also pay 2 million in legal fees. However, in the face of the United States judiciary of this judgment, the Golden Rock companies decide only compensate the plaintiff's loss, but not for a fine. In the decision implementation process, the company closed the rock, and then he himself quickly processed in the United States, with a "sea turtles" identity returned to China. 10 years in the past, he has become one of the "most influential" character, and finally also to have been struggling to find his other foreign creditors. For this case, there is already a domestic lawyer pointed out that the key is what nationality is the Golden Rock, if his nationality in the United States, according to the laws of the United States local backdated to prevail, and if his nationality in China, according to Chinese law, the application for enforcement of a period of one year, over this period, the plaintiff is not entitled to exercise the proposition. According to this analysis, have Chinese nationality Gold Rock no doubt can rest easy. Indeed, the law is the same as steel is not scalable, however, the debt collection cases but let us see the fact that the Golden Rock, obviously to skip and not like some people praised as "the motherland".

However, the Golden Rock really able to vacate the ground which the aging? golden rock is now trades in the stock market analysis, he also won the famous, so become hot "stock market guru." However, the work of the bottom line is good faith, and the Golden rock was in debt outstanding Qing dynasty of China was a dishonest, 10 years might make him wash away their debt obligations, but to wash away his debts not also and odious. Maybe in the Golden rock that he owed $ 2.5 is a fine, he was not authorized, however, the seriousness of the law is not that party's approval or not, if the Golden Rock on this judgment, pursuant to local laws for further action, and not an escape. In the Golden Rock blog on his own experiences in the United States has not forgotten that will create three General Corporation as her a splendid achievements to promote. We do not know whether he is used as a reason to have won the trust of domestic securities company, and sits on the "Chief Economist" throne, but his experience is obviously on domestic investors caused a great temptation to think that he really is a master can predict the stock market. However, the Golden Rock has long to cover up what he has founded the company from lawsuits and finally forced the closure of the fact that this will no doubt have to constitute public deception. A skip "stock market guru," is undoubtedly a lack of good faith, but a lack of good faith in the stock market guru, how to win the majority of China's capital market investors?

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