Class ** painting and calligraphy trade debut

The Nine Songs Art Exchange recently announced that it will launch a pattern of art trade with forward spot contracts. The authors of the first batch of listed artworks include 10 famous artists such as Qi Baishi and Xu Beihong.

It is reported that the transaction includes two modes: standardized art trading and non-standard art trade. A staff member named Li Xing of the Nine Songs Art Exchange explained: “Standardized art trades are similar to ** transactions, non-standard art trades are more inclined to online auctions.” Individual investors enter through the membership system, members only Need to meet the company's registered capital of more than 5 million yuan and three consecutive profitable two conditions.

Mr. Zhuang, an investor who once invested in the share of artworks, believes that such “categories” are very different from “class stocks.” Investment in the art share of the Tianjin Stock Exchange does not require any knowledge of works of art because of the investment in shares. It is totally relying on crowds' funds to push prices higher, and it has completely deviated from the value of works of art. Class ** is difficult to promote with funds, relying on market expectations. Investors must have a deep understanding of commodities and know their long-term appreciation potential.

Tian Qi ** analyst Zhao Weiwei believes that compared with **, the biggest risk of this forward spot trading should be the risk of price fluctuations and trading inactivity: “It is possible that prices are manipulated by large funds, and wait until you buy Nobody fulfilled. "According to the terms of the exchange, buyers only need to pay a 20% deposit. "If the increase in this time exceeds 20%, the seller will certainly not perform. If it drops by 20%, the buyer will certainly not Will perform."

Luo Qiang, deputy general manager of the Research Department of Guangzhou **, said: “There is a problem in all electronic transactions, that is, the exchange itself is likely to participate in the transaction, if the interests are too large, it is prone to disputes. In the past, similar problems occurred in the rubber electronics market. Moreover, the registered capital of the Nine Songs Art Exchange was only 50 million yuan. Once the leveraged funds are too large, the exchange itself has a low resistance to risks."