About half a month ago, the stock market had dropped slightly, and Feng Yu sent his men to buy shares. He used all his available funds to buy shares, especially those listed companies.
Feng Yu remembered in his previous life, after the "Great Man" visited the South, the "Great Man" made a speech to stimulate the economy, and many people bought shares crazily. This resulted in the share prices increasing by 500% within a few days.
Feng Yu had analyzed the situation. With the support of the government's policies, and most people do not know much about the stock market, they like to chase up the prices. This will be the first real bull market.
Feng Yu did not use his Hong Kong funds and let He Zhaoji continue to invest in London gold. Feng Yu had wanted to transfer his Hong Kong funds to China and buy shares to make a fortune.
But with the current situation, it will be troublesome if you bring in too many foreign investors. Even if you bring in foreign investors, you will not be able to buy so many shares. It will be hard for you to transfer your funds out of China in the future.
Feng Yu had only paid back his loan from the Hong Kong bank and got back his shares. With the money from these shares, Feng Yu can do many things in China that he had thought of in the past.
The law in this era was not as complete as the future years, and the government officials were very biased. Feng Yu does not want to be targeted by others.
Half a step ahead is considered a genius. If you are one step ahead, you will be treated as a monster!
… …
"I want 10,000 RMB Vacuum Electronics. What? That's all? Then I can change to Light Industry Textiles. Hurry up. "
"It's my turn. What other shares are there? Fine. I will also buy this. 8,000 RMB. "
"I want 100,000 RMB shares. I want whatever you have!" A person wearing a large gold ring said loudly. He then looked around at the others, a proud look on his face.
The rest of the people around him also gasped and looked at this man enviously. This man was really rich. He must be one of the first batch of people to invest in the stock market and had made a fortune.
At the same time, it strengthened the confidence of the rest of the people. The first batch of people to invest in the stock market were all smart and capable people. Since they are all here to buy stocks, it means that the stocks must be good and profitable. It's definitely not wrong for us to follow suit and buy!
At the two major stock exchanges, there were people buying shares in large quantities. There were also people selling their shares when the share prices were rising, making a small profit.
But those who had sold their shares immediately regretted it. They thought that the share prices had risen by 30% today. But now, they realized that the share prices were still rising.
Since it was still rising, he would buy it back. It would definitely rise again tomorrow.
Not only the two stock exchanges, but the banks' securities counters and securities sales departments were also crowded. Long lines of people were queuing up to buy and sell stocks.
From the moment the shop opened to the moment it stopped trading, the people at the counter never rested.
After the trading stopped, the staff at each counter counted the number of shares traded today. They discovered that today's trading volume was more than 10 times more than usual, and the share prices had risen continuously.
These people were also jealous. Was it so easy to earn money from stocks? It had only been a day, and it had increased by 50%. Investing 1,000 yuan had turned it into 1,500 yuan. If they invested 10,000 yuan, they would make 5,000 yuan. This was more than their 2 to 3 years of work!
Now, shares were in high demand, and many people could not buy them even if they had the money. But these people were in charge of trading. How could they not buy it? As long as they kept the shares that others were selling, no one would know.
Although the higher-ups forbade them from doing this, they could choose not to buy and let their family members queue up. When the time comes, it would be easy for them to manipulate the market.
… …
"Xiao Yu, have you seen today's share prices? It's rising! "During lunch, Li Zhiqiang told Feng Yu excitedly.
Feng Yu slowly picked up a piece of braised pork ribs and stuffed it into his mouth: "I know. I had told you before. The shares will surely rise."
"Then should we sell our shares tomorrow?" Li Zhiqiang asked.
Even Wen Dongjun was staring at Feng Yu. His family had also bought a few tens of thousands of RMB shares.
"Tomorrow? No. Wait. We will sell next week at the earliest. This week will be the week when the share prices will rise the most. After a week, the share prices will slow down. Although the share prices will continue to rise, it will not increase by too much. We can sell our shares slowly to prevent the share prices from fluctuating too much. "
"Then how much will the share prices rise this week?" Wen Dongjun looked at Feng Yu.
"What did I tell you before? The share prices will rise by 3 to 5 times. Conservatively, the shares we own will rise by more than 5 times!"
"5 times!" Wen Dongjun and Li Shiqiang looked at each other. They were overjoyed.
This investment was worth it. The speed of making money was comparable to robbing a bank! At first, they thought that it would be good if they could get 3 times the profits. But they did not expect to get 5 times the profits.
They still do not know that Feng Yu did not make it clear. The 5 times Feng Yu said was this week's increase. The shares they owned had already doubled. That means their shares will increase by 10 times!
Feng Yu had set a target for himself to increase his shares by 8 times. Now, it seems that he can achieve it. He had accumulated a large amount of funds. His future plans, no matter if it was Hua Xia or overseas, will be realized.
After dinner, Wen Dongjun called his family to tell them that the share prices had risen. He will sell his shares next week. The returns will be 5 times. The tens of thousands of RMB will become more than 200,000 RMB!
Wen Deguang's breathing quickened. 200,000 RMB. This is more than 200,000 RMB! He had only invested a few tens of thousands of RMB in the beginning. He wanted to double his investment to save some money for his son's wedding. But now, the returns had exceeded his expectations!
Even his family can earn a few times more than his investment. What about the Feng Family? The Feng Family was wealthier than his family in the past and had invested more. If the Feng Family can increase their investment by a few times, the Feng Family will be able to earn tens of millions!
Wen Deguang still does not know how much money Feng Yu has and how much he had invested. He thought tens of millions is an astronomical figure. This amount is almost the market value of a state-owned factory with a few thousand employees.
The old Feng Family had an outstanding person. Luckily, Wen Dongjun had watched Feng Yu grow up. Especially Feng Yu and Wen Dongjun had been playing together since young. With such a good friend, his son will not be doing badly in the future.
Even if he cannot survive in the government sector, he can still follow Feng Yu to do some business. Even if he does not need to earn a lot of money, it should not be a problem for him to be a rich man.
Wen Deguang took out a bottle of Xifeng wine from his house. He must drink with Old Feng today. He was very happy!
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