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Home > Comedy > Extraordinary Genius > Chapter 228

Chapter 228

Words:1803Update:22/06/30 09:59:36

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After Feng Yu and Norio Ohga reached an agreement, they did not sign the contract immediately. Norio Ohga still needs to report to the board of directors and get their approval before he can sign the contract with Feng Yu. But Norio Ohga promised that it would not be difficult.

Feng Yu also felt that it would not be difficult. Although AIWA's debt had decreased in the past two years, it was still an astronomical figure compared to AIWA's market value. Also, AIWA needs to build a new factory, and the debt will increase. Sony's shareholders were not happy with Heitaro Nakajima's actions in the market.

They were already so poor, and what's there to do?

Also, Sony will be making losses for the next two years and will be going downhill. They have no reason to reject Feng Yu. Norio Ohga even promised that he would give Feng Yu a reply within a week and could come to Hua Xia to sign the contract with Feng Yu.

Feng Yu returned to Bing City happily to prepare for his final exams. Most of the subjects in Arts were memorized, and this was what Feng Yu was good at. With some memories from his previous life, Feng Yu's results were even better than when he was in his first year of high school.

… …

The form teacher was encouraging the students on the podium. He told the students not to be nervous. Next week's exams will be the same as usual. Just as his saliva was flying all over the place, the pager rang again at an untimely time.

After the form teacher told him to stand outside, Feng Yu walked out of the classroom. The students also knew that Feng Yu had not stood outside the classroom obediently. Once he stepped out of the classroom, he would be hard to find.

"Newspaper! Read the newspaper! < People's Daily >! "Li Shiqiang shouted excitedly over the phone.

< People's Daily >?

"Grandpa Sun, do you have today's newspaper?"

"Me? I only read last week's newspaper. If you want to read today's newspaper, turn left after you leave the school. There is a newsstand at the first intersection. " The school's newspapers were usually read by the leaders first, then the teachers. After the leaders read the newspaper, it will be Li Shiqiang's turn. Sometimes, it might not even be his turn.

Feng Yu ran out of the school and went to the newsstand to look at today's newspaper.

< People's Daily >!

"The State Council had decided to set up the stock exchange from late August to early September. The stock exchange will be set up in Shanghai and Shenzhen. and will be open from late September to early October. Vacuum Electronics … … and 18 other companies will be the first batch of companies to be listed … … "

Hahaha, the stock exchange will be set up earlier!

Feng Yu remembered that in his previous life, there were only 13 companies on the list, and all of them were selected. There were eight stocks in Shanghai and five stocks in Shenzhen, which were called the top eight stocks and the deep five stocks by the old shareholders.

That was because these thirteen stocks were like bewitched, their prices rising rapidly, like a roc spreading its wings and soaring into the sky!

When Feng Yu bought the shares, he had chosen these 13 shares from his previous life. Of course, he had also picked some other shares. This was because the companies in these shares will also be listed and will experience China's first bull market next year!

If it was just these 13 companies, Feng Yu felt the returns would be at least 8 times. Vacuum Electronics and the rest had increased by more than 20 times! Because of the other companies, Feng Yu told Li Shiqiang that the profits would be at least 3 to 5 times. But now, it seems that if the number of listed companies increases, it will stimulate the first batch of investors. Feng Yu might be able to make more profits.

The government might choose more companies than in Feng Yu's previous life. Maybe they had researched the stock market to stimulate the economy, and choosing only 13 companies was too little. This showed that the economists were more daring than in Feng Yu's previous life.

But at the same time, there is another possibility. That is, as the number of listed stocks increases, people will have more choices. Maybe the rise of a certain stock will not be as strong, and people will use their money to buy other stocks.

But Feng Yu had researched the government's policies. There were not many changes from his previous life. The government was still encouraging people to invest in financial products and encourage people to spend money to stimulate the economy. Then the stock market will be booming like in Feng Yu's previous life, and the share prices will rise!

Feng Yu had more than 200 million worth of shares in his hands. Even if he does not become a banker, he will be able to get at least 3 times the profits next year.

The main reason was that it wasn't as easy to be a banker as it was in the future. It was easy to be targeted by others if you were to make a face-to-face transaction and dump a large amount of money. What if the higher-ups want to talk to him?

Feng Yu's strategy was to wait. When the stock exchange was first set up, the daily trading volume was only a few million. In Feng Yu's previous life, it was after the Chief Architect's speech in the South, and in May 1992, the stock market suddenly increased by more than 100% for a few consecutive days. At that time, there was still no 10% limit system.

Since the stock exchange was set up earlier, will the South tour be brought forward too? Will the stock market surge be brought forward?

Feng Yu felt this was possible!

Furthermore, after the stock exchange was set up, he could play with the method of selling high and buying low. The profits would not be low, and it would not be considered as illegal manipulation of the stock prices. But it would be troublesome.

Now, there was no online trading like in his previous life. Feng Yu could only use the most primitive method of trading, which was the so-called off-store market, or banks!

Banks could still buy and sell shares, but the share prices would not be like the stock exchange. There was no internet now. If you buy shares in the morning, you might only realize that the share prices had risen in the afternoon. The efficiency was too low!

… …

Feng Yu was sitting in Tai Hua Trading's meeting room, announcing the good news to everyone.

After the stock exchange was set up, the share prices would rise again. After the initial stimulation, everyone's shares would be close to double by next year!

Everyone was excited. Feng Yu told them that in 1 to 2 years, the shares in their hands would increase by 3 to 5 times. At first, they were doubtful and worried. But now, the share prices had been rising.

Today, the < People's Daily > announced this news. Li Shiqiang and the rest went to the bank to inquire about the share prices.

Although the anticipated share prices did not rise, they had made money. Now, everyone believed what Feng Yu said. After the stock exchange was set up, the share prices would rise again. At that time, it would be up to everyone to sell or hold on to their shares.

After the meeting, everyone was still excited. Especially Li Shiqiang. He felt that Feng Yu had made the right decision when he asked him to take a loan to buy shares!

The interest from the loan was nothing compared to the increase in the share prices. Li Shiqiang was looking forward to the stock exchange being set up soon. The earlier the stock exchange opened, the earlier he could make money!

Feng Yu rubbed his chin and thought carefully. In January next year, when the share prices had slowed down, he planned to sell off some of his shares. After that, he would buy back some shares. At that time, his assets should be enough to do many things … …

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