The final exams were held as scheduled. After the exams, Li Na and the rest returned to the farm. Feng Yu still has some matters to attend to, especially the shares in his hands. It's time for him to sell them.
Not only the Shanghai Stock Exchange was set up in advance, but the Shenzhen Stock Exchange was also set up in advance. But the Shenzhen Stock Exchange was not open for business yet. It will only open after the New Year.
After the stock exchange was set up, there were many securities companies and securities business departments popping up all over the country. All of them were state-owned enterprises and most of them belonged to state-owned banks. Currently, private securities companies were not allowed to be set up.
The establishment of the two stock exchanges and the emergence of securities companies and securities business departments had stimulated the first generation of investors in Hua Xia. Furthermore, the Treasury bond prices were not rising at this time. Those who used to speculate in Treasury bonds now invested their money into the stock market. All kinds of stocks were rising every day.
But after New Year's Day, some individual investors started to sell their shares. The New Year was a big event in Hua Xia. They must not be short of money.
Just like these people from Tai Hua Trading, they had asked Feng Yu more than once if they can sell their shares.
Feng Yu came to Tai Hua Trading for a meeting today to give them a chance to choose. The stocks Feng Yu chose were the best stocks in his previous life. This was to win over the hearts of the people. These stocks will rise again in May this year. Among them, Vacuum Electronics will be the leader.
If they sell their shares now, they will get double the profits. But compared to the profits of a few months later, it was still too little.
"Everyone, I called all of you here today is to talk about the shares in your hands. After more than half a year, the shares in everyone's hands had more than doubled. I see that everyone wants to sell their shares and get cash back. But what I want to say is that the stock market will reach its golden period in May this year. That is the period when the stock market will rise. It is not worth it to sell your shares now. But it is up to all of you to decide. "
After Feng Yu finished, Wu Chih-gang and the rest looked at each other. Sell or not to sell?
Now, many people say that stocks are risky. If the share prices fall, not only they will not make money, they might even lose money.
Wu Chih-gang was quick-witted. He asked loudly, "General Manager Feng, will you sell it?"
"Sell!"
What? General Manager Feng actually sold it? Didn't General Manager Feng say that the shares would increase by at least three to five times? Why does he want to sell the shares now?
Feng Yu looked at their discussion and asked with a smile, "Do you sell it?"
Wu Chih-gang gritted his teeth and said, "I will listen to General Manager Feng. If General Manager Feng asks me to sell, I will sell. If General Manager Feng asks me to keep it, I will keep it!"
The others also reacted and expressed that they would listen to General Manager Feng.
Feng Yu laughed out loud. "I'll sell some of them, but not all of them, because I need some cash now. Did you notice that the stocks in your hands are all the companies that have been listed or will be listed soon? After Shenzhen Stock Exchange opens for business, the shares will surely rise again, and this will happen in a few months. That's why I will not sell my Vacuum Electronics … … and other shares. I will try my best to sell the rest of the shares. After the New Year, I will continue to buy Vacuum Electronics … … and other shares. "
"General Manager Feng, we trust you. We will not sell our shares now. You can let us know when you are ready to sell." Wu Chih-gang said loudly.
"You all trust me. I will make money, and you all will also make money. The next week's task is to sell your shares! "
If it were not for the establishment of the Stock Exchange, it would not be easy to sell shares. You must first hand the shares to the bank's securities counter and let them sell the shares on your behalf. But now, he could directly sell it to the bank and settle it at the spot price.
… …
At the counter of ICBC's securities counter, two people carrying big bags walked over. Bang! The bags were thrown on the counter.
"What do you two want to buy? Stocks, Treasury bonds, or something else? "
"We are not buying. We are here to sell our shares."
The bank staff rolled her eyes. Who are you trying to scare with such a big bag? How many shares do you have in it? Are you going to sell your shares and buy train tickets to return to your hometown for the New Year?
"Ok. How much are you selling?"
"These shares are worth 300,000 RMB. What is the market value? You can calculate for me."
"How much are you selling? 300,000 RMB? "
The staff exclaimed, causing those who were waiting for other services to look over. What did they just say? 300,000 RMB? Who could be so rich? 300,000 RMB? This person will not be able to spend it all in his lifetime.
The staff looked at the shares, and they are all the same type of shares. She checked the market value and found out that the market value is more than double of the issue price. This means that these 300,000 RMB shares had become more than 600,000 RMB?
"Hello, we do not have so much cash at the counter. Why don't you come back tomorrow?" The staff's attitude changed.
"It's fine. Deposit the money into this account."
After these two big investors left, many people crowded around the securities counter.
"Eh, what shares did he sell just now?"
"That's right. How much did he sell?"
"Who is this person? What does his family do?"
… …
At the same time, many banks in Bing City received large amounts of shares being dumped at their trading counters. Two people were carrying large bags and were selling the same type of shares. What they did not notice was that the money from selling the shares was transferred into the same account.
The banks thought this was a coincidence, but the next day, another person came to sell his shares. Although it was not the same person, they were surprised to find that this account looked familiar.
For the next 5 days, it was the same. Feng Yu dumped about 20 million RMB worth of shares and got more than 40 million RMB in cash.
Tai Hua Trading's crazy dumping of shares made many investors in Bing City panic. Those who had so many shares in their hands were selling their shares. It must be because the share prices are going to drop!
Driven by the herd mentality, many people who wanted to keep their shares started to go to the banks to dump their shares.
Of course, there were also some smart people who felt that the Shenzhen Stock Exchange was about to open, and the share prices will surely rise. In the past, they wanted to buy shares, but they could not. Now, they could, and the share prices had dropped. This was a good opportunity for them.
With Feng Yu's actions, Bing City's stock market became more active. Every day, there were more than 1 million shares being bought and sold. The prices were also changing every day.
On the second Monday, Feng Yu continued to dump his shares. Other than those listed companies, Feng Yu does not want to keep the rest of the shares.
The increase in these shares was not as good as Feng Yu's investments in gold and oil futures. He needs to raise funds as soon as possible. The war is about to start!
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.
