Nowadays, the myth about "getting rich overnight" in shoe speculation is constantly spreading. The sale of a new pair of shoes is like setting up a new stock. The people who buy new shoes in large quantities are bankers, and those who buy sporadically are bankers. retail investors. Retail investors earn the price difference by buying low and selling high, while bankers buy a large amount of a limited edition shoe, and then buy and sell it themselves, creating the "illusion" that the market is in short supply, and then put a small number of shoes into circulation in the market , thereby manipulating shoe prices, which is like the market maker "controlling the market" in the stock market.

When the price of a pair of shoes reaches tens of thousands of yuan, there are still buyers coming one after another. This is because some retail investors feel that the price of shoes will still rise, and there will be another person to take over. There are also some consumers who buy shoes based on the principle of "expensive is good".

Extended information

Supervision of shoe speculation by the national team

In October 2019, the Shanghai Branch of the People's Bank of China issued the "Beware of the "Shoe Speculation" Craze and Prevent Financial Risks 》Financial briefing, in response to the phenomenon of "shoe speculation" in China, pointed out that there may be illegal fund-raising, illegal absorption of public deposits, financial fraud, illegal pyramid schemes and other economic and financial illegal issues behind this, and all obligated institutions should pay close attention to it. Take effective measures to effectively prevent such risks.