Chapter 313 Stock Certificate [Request Full Order]
The listing of the Shanghai Stock Exchange attracted businessmen from all over the country.
When Lu Yang arrived in front of the securities building he was familiar with, he found that the place was already crowded with businessmen from all over the country. They were all speculators who had learned that the Shanghai Stock Exchange was about to be listed and the stocks could officially be circulated in the market, and they wanted to take advantage of the opportunity to make a fortune.
It’s no secret that the stock market can make you rich.
Even though the mainland has been cut off for decades, over the years, as the wind of reform and opening up has swept across the country and on both sides of the Great Wall, businessmen from Hong Kong, Macao and Taiwan have also brought many legendary stories to their stock markets.
In addition, you can even find many clues of stock market wealth creation in movies, TV series, and pirated DVDs from Hong Kong, Taiwan, South Korea, and Japan.
The land of China is so vast.
The total population of over one billion people lives on an area of 9.6 million square kilometers.
However, there is only one Shanghai Stock Exchange that has announced the confirmed news that it will be listed soon and its stocks can be officially circulated in the market.
For example, last year there were rumors that Pengcheng would establish the Shenzhen Stock Exchange, but after a while of being listed, there was no further news.
Obviously, there is still not enough foundation.
Unlike Shanghai, this place was already the economic center of China at the beginning of this century. As early as the 30s, the Shanghai Stock Exchange was prosperous. Even now, there are still some older people who are alive and remember it vividly.
So the result is that today, when the news of listing came true, the Shanghai Stock Exchange was packed with people inside and outside, with no end in sight and no way to squeeze in.
Lu Yang shook his head. It seemed that he had arrived too early. He said to the people behind him, "Let's go back to the hotel first."
Among several people.
Gong Ping'an didn't say anything. He was always a man of few words.
Sister Wei Shu seemed to want to say something but stopped herself.
Xiaoxiao pouted and wanted to say something, but she suppressed her curiosity.
Only Lu Dajun asked in confusion, "Brother Yang, do we really not have to line up? I heard that they are issuing stock certificates. Many people have been queuing since last night. They also said that they can't buy stocks without this thing. We have come all the way here, so we can't just stare blankly at the crowds, right?"
Lu Yang smiled and shook his head.
Of course he knew very well that stock certificates would become very famous in the next one or two years.
For example, if you queue up to subscribe at this time, it only costs 30 yuan per share. By the time the Shanghai Stock Exchange officially opens for business and the initial wait-and-see period is over, after the New Year, you won’t have to wait too long before speculators in the market discover the true value of the stock and immediately drive the stock certificate up to the sky.
Because without it, you can't buy stocks, and if you can't buy stocks, you can't make money with this booming market.
And the stock certificate is the only key to open it.
Lu Yang remembered that the next year, yes, that is, in 1992, the country issued a total of less than 207 million stock certificates, and this included the total of Shanghai and Shenzhen.
But it is these stock certificates that have created one myth after another.
Here is a short story that was once published in the newspaper:
[There was an old lady from Shanghai who deposited the 3000 yuan given to her by her children in a bank. The old lady couldn't explain herself clearly, so the bank mistakenly thought she was queuing up to buy stock subscription certificates.
The old lady took 100 subscription certificates home that day.
When the children found out about the mistake, it was too late. Although they were very angry, there was nothing they could do. They never expected that these wrongly purchased warrants would bring the old lady and her family an unexpected profit of more than 50 yuan.
From the above story in the newspaper, it is not difficult to find that the value of stock subscription certificates has increased 160 times in just less than a year.
Therefore, in recent years, in response to the times, a new profession has emerged: scalpers who specialize in reselling stock certificates.
Many people have made a fortune reselling it.
With enough original capital, he embarked on the road to becoming a multi-millionaire.
Of course, there are also some unlucky people who were arrested and sent to jail for reselling it.
This is the two-sided nature of social events.
The state issues stock subscription certificates in the hope that they can enter thousands of households. While raising the threshold for stock trading to a certain extent, they must be circulated and beneficial to the stock market, rather than becoming stagnant and concentrated in the hands of a few people, ultimately leading to the collapse of the stock market.
Reselling stock certificates is actually very normal. Since the value of stock certificates was discovered, not only the rich but also ordinary people, if they have stock subscription certificates at home, are reluctant to participate in the lottery, worried that the stocks they buy will not go up in price and they will lose money instead. Then, it is very normal to sell them at a high price and earn part of the commission from those who queue up to buy them.
Just don't overdo it.
To ensure that this stock certificate is still circulating in the market, everyone is turning a blind eye.
But you can't overdo it!
You can't run the reselling of stock certificates as a long-term business.
What if you buy and sell hundreds, thousands, or tens of thousands of shares all the time, and make hundreds of thousands, millions, or even tens of millions at a time? Wouldn't you be in jail for sure?
If this is really the case, and the higher-ups don't care, and everyone starts speculating in stock certificates, then who would still buy stocks?
Isn't it the end of nature?
So in Lu Yang's opinion, reselling stock certificates is a viable business, but it is only suitable for small-scale operations and for those who are reborn but lack the first pot of gold.
Well, it’s not suitable for him, Lu Yang, anyway.
Seeing that Lu Yang didn't say anything, but just smiled and shook his head, Lu Dajun thought he was just bothering her, and immediately said nonchalantly: "No, although the line is quite crowded, but with my physique, look, no one can squeeze past me, so, Yang brother, you don't have to go, and Wei Shujie, Xiaoxiao, you two are girls, don't go, brother Ping'an, you don't have to go either, you stay and ensure the safety of Yang brother and the other two."
After hearing this, everyone turned their attention to Lu Yang.
Lu Yang paused for a moment and nodded, "Well, now that we are here, Dajun, since you are not afraid of hardship, then you can go and line up. I will take Sister Wei Shu and Xiaoxiao back first."
When Gong Ping'an saw that his name was not called, he opened his mouth to speak.
Lu Yang then said to him, "Don't be idle. Be diligent now and join the army to line up. I promise you won't suffer any loss. Why don't you trust me?"
Gong Ping'an immediately shook his head. He had never doubted Lu Yang's ability to make money.
He is simply stubborn.
His wife, Sister Wei Shu, brightened her eyes and said, "Boss, do you mean that these stock subscription certificates may be hard to come by in the future?"
Although she didn't study economics and management in college.
But in the past two years, managing the company for Lu Yang, acting as a fire captain, and traveling everywhere, he has accumulated some business insights.
Lu Yang laughed loudly and said with an expression that said, "Sister Wei Shu, you are really smart and you understand everything. I find that bringing you to Shencheng may be the most correct decision I have made this year."
Wei Shu was praised by Lu Yang and blushed a little, saying, "It's not that exaggerated. I'm just guessing. Don't praise me. If you praise me too much, I will become arrogant." Because of her relationship with Gong Ping'an, she has always been very relaxed when talking to Lu Yang.
She blushed slightly.
She remembered something else and asked again, "Boss, since you have predicted that these stock certificates will be hard to come by in the future, and the price may go up to a sky-high level, why don't you take the opportunity to stock up more?"
She was very confused about this, especially since the boss had just turned around and was about to leave.
This is a general under his command, and it is very likely that he will be able to take charge of Shencheng on his behalf in the future.
Lu Yang patiently explained to her: "The answer is actually very simple, because reselling it is against the rules!
Although there is no law prohibiting private buying and selling of it, some people may say that anything is allowed unless prohibited by law. However, we should not forget this "law", which is now imperfect.
As our reform and opening-up continue to deepen, the law will certainly become more and more sound. By then, the current "no prohibition by law" may very likely become "prohibition by law". Once the regulations are clearly defined, once the investigation is carried out, if we are now reselling stock certificates on a large scale, is it illegal or not? "
Everyone looked at each other, unable to give a clear answer.
Finally, it was Lu Dajun, the big mouth, who couldn't help but ask, "Are we just going to give up this opportunity to make a lot of money?"
Lu Yang shook his head, then pointed at him and cursed, "Didn't I just tell you? You can go and queue up, or you can buy some of these stock subscription certificates. Just don't be too ostentatious, and don't buy too many. If you don't want to be used as a target to warn other criminals, we can still make a little money from it."
Lu Dajun opened his mouth and said, "Then Yang brother, tell me the number."
He is actually quite clever.
Beneath his rough appearance, he actually hides a heart of great wisdom.
Lu Yang did not treat it as a secret and directly gave an answer that he knew:
"Well, a few hundred, maybe. With your financial resources, it's just within your affordable range. But you have to remember, if you make a fortune this time, stop in time and don't invest any more money. Once you get used to this way of making money quickly, you may keep reselling until you are arrested for disrupting the market. I don't want to help you but end up hurting you, and then I will have to visit you in prison."
Lu Yang deliberately made the consequences of reselling stock certificates sound more serious.
After all, human desires are endless. Faced with the temptation of money, few people dare to say that they can remain calm.
Even Lu Yang himself couldn't guarantee it.
Then, he said to Lu Dajun and Gong Pingan, "How about this, since you have all decided to stay and queue up, don't waste it. Buy some for me, 500, no, 800. Anyway, it's less than 3 yuan. It's just a one-time deal. Let's buy it this time and not again in the future. We can use it to subscribe for stocks when the time comes. We can use it anyway."
It doesn't matter whether he buys stock certificates or not, but since Lu Yang came to Shanghai, he must have come here to make money by speculating in stocks.
If you buy some stock certificates at this time, would you rather wait until the stock certificates are driven up by scalpers, and then buy the stock certificates that have increased dozens or hundreds of times from the scalpers to trade stocks?
You still have to buy it, but just buy it for your own use.
Just a few hundred certificates, less than tens of thousands of dollars, is just a drop in the bucket. If Lu Yang was not worried about causing a sensation, angering the public, and becoming the target of public criticism, he would even be able to buy up all the stock certificates released by the Shanghai Stock Exchange to the market from today to the next half month.
Of course, no normal person would do this unless they are a madman.
Whether it is stocks or stock certificates, they are only valuable when they are circulated. Once they fall into the hands of a few people, they will become stagnant water like collectibles and will not circulate on the market. Then they will be worthless, and the country will definitely crack down on such behavior.
Lu Dajun and Gong Pingan, both of them are worth a lot of money now.
Their income is basically the same, and they all have two sources.
One is working for Lu Yang as his younger brother.
One is to partner with Lu Yang and open a video hall in the town.
Combining the two, although they have only been following Lu Yang for less than three years, they have basically earned tens of thousands of dollars.
Gong Ping'an, in particular, owns shares in two video halls. He also works in the company and earns a slightly higher salary than Da Jun. Even his wife is a senior executive in the company. Over the years, the young couple has earned at least nearly 100,000 yuan.
So when they heard Lu Yang say that they could make money from stock certificates and asked them to buy 800 of them on his behalf, they did not hesitate at all.
The decision was made immediately and a huge amount of money was invested.
Of course, they were all clear-headed and could resist temptation. After discussing it, the two couples decided that the purchase quantity should not exceed that of the boss Lu Yang.
Lu Yang felt relieved when he saw this scene.
Seeing that they had already discussed everything, Da Jun and Gong Ping'an waved to them and then squeezed into the queue.
Lu Yang took Sister Wei Shu and Xiao Xiao to the hotel they had booked in advance.
During this time, he took out his cell phone and made a phone call.
"Hello, it's me, Vice Director Li. I'm already in Shencheng."
"Let's meet up?"
"Okay, I was just about to bother you. I still have some questions about Vacuum Electronics' stock, and I would like to ask you, Vice Director Li."
"The same place, right?"
"Okay, let's meet at Yu Garden Teahouse tomorrow morning."
Lu Yang hung up the phone.
He said to Wei Shu and Xiao Xiao, who were looking puzzled, "The person I just called is the vice-chairman of the board of directors of Vacuum Electronics, one of the eight stocks that have passed the review and will be traded and listed immediately after the Shanghai Stock Exchange is about to list them."
Seeing this both girls gasped.
Lu Yang continued, "By the way, I forgot to introduce myself. I am also a member of the board of directors of Vacuum Electronics."
In the past two years, whenever Lu Yang had some spare money, he would take the initiative to contact Vice Director Li, hoping to buy more original shares of Kong Electronics. Although he would be rejected very tactfully most of the time, he was able to buy some original shares of retail investors circulating on the market occasionally.
In fact, the original shares in the hands of these retail investors were collected bit by bit with the help of Vice Director Li's relative, Aunt Liu, who worked at the stock exchange.
Of course, Lu Yang would not let the other party work in vain, so he gave Aunt Liu a generous commission.
It can be said that each gets what he needs.
And also for the sake of his daughter-in-law, his aunt, Li Siyuan couldn't interfere too much. He could only pretend not to know and turn a blind eye.
Instead, after Lu Yang's shares exceeded a certain proportion, he notified Lu Yang, did Lu Yang a favor, and secured a seat for Lu Yang as an honorary director of the company's board of directors.
With this seat.
Lu Yang is qualified to attend the company's board of directors meeting, except that he has no right to speak and no right to vote!
To put it simply, it means that you can listen with your ears and get first-hand information about vacuum electrons before anyone else.
(End of this chapter)