Xue Chenzhi doesn't have Jin Changxing's lofty ambition, and now he is the most nourishing person, and he is even a little content with the status quo.

It turned out that the low-priced ore of that mine was enough to meet the needs of the smelter, and he didn't have to worry about the high-priced mines of the new mine that would make him unbearable, so he couldn't feel Jin Changxing's troubles at all.

When the copper price was 60,000 yuan, the smelter had a lot of profits, and now the price of 76,000 yuan is a huge profit for him.

The one who lived the most was Huang Hongliang.

The sales model he asked for made his sales company have nothing to do with the surge in copper prices.

In fact, it is not accurate to say that it has no relationship at all, it should be more accurate to say that it has little to do with it. After all, the soaring copper price has led to a large increase in shipments, and the sales company has earned a lot more sales expenses.

However, the sales cost per ton is too small compared with the purchase and sales price difference of two or three thousand yuan per ton.

As the saying goes, the blisters on your feet come out by yourself, and Huang Hongliang knows very well in his heart that no one else is to blame for such a situation. Even though he knew this, the large profits that passed by still made him red.

Just when Jin Changxing swore that copper prices would continue to rise, copper prices stopped at the 76,000 yuan mark.

The price went back and forth on this line for a few days, and then turned down again, and the speed of decline was not slower than the speed of rising, and by the end of March, the price was back around 61,000 yuan.

If the last wave of copper prices hit a historical high of 84,000 yuan, then this time the price only reached 76,000 yuan and turned down, which can be said to be a bit of a decline.

Such a method of rapid elevation and suppression has an obvious sense of hype, and it stands to reason that if Li Xin observes carefully, he should be able to see some signs.

But his mind was all on the stock, but he was completely out of state, and he was dizzy by this wave of copper prices, and he couldn't keep up with the changes in the trend at all.

It was not until April that the copper price returned from 61,000 yuan to 70,000 yuan, and oscillated back and forth between 65,000 yuan and 70,000 yuan.

After three months of tossing back and forth, Jin Changxing also realized that things may be difficult to achieve overnight. Now that two-thirds of the first half of the year has passed, if the copper price still does not rise this year, won't the mine lose more than last year?

So he had no choice but to start selling copper ore from the new mine, which would at least bring back a large amount of money to maintain the daily operation of the mine.

As for the huge hidden losses caused by such below-cost sales, he can't take care of them for the time being. He wants to exchange time for space, and in his mind, as long as the price of copper rises above the cost price over time, and then this problem will be solved.

Unlike the rollercoaster of copper prices, the stock market has come out of a rare bull market in recent months.

After entering March, the resource sector began to emerge, driving the market all the way up, among which non-ferrous metals, coal and other sectors performed particularly prominently, becoming the top gainer in the two cities.

By May 17, the closing price of Western Copper was 24.6 yuan, at which time the stock index had broken through the 4,000-point mark, closing at 4,048.29 points on the day, which was the highest closing point in history.

Since Li Xin bought Western Copper, it has risen by nearly 180% for nearly a year now, and the income is considerable. Although it has nearly doubled its profits, in the context of the general rise in non-ferrous metal stocks, Li Xin feels that it is safe to continue to hold Western Copper, and does not plan to sell it now.

He compared a set of data: between January and February this year, the daily turnover of the exchange listed on Western Copper has increased significantly from 30 billion yuan in October last year to 70 billion to 80 billion yuan. By March and April, the daily turnover often exceeded 100 billion yuan, and the highest reached about 180 billion yuan per day.

Such a large daily turnover in the stock market indicates that investors' enthusiasm for participation is unprecedentedly high, coupled with the unprecedented promotion of capital into the market, such a good momentum has not even caught up with the original stock price of Rainbow Electric, which has increased several times. In this context, taking Rainbow Electric as a comparison, high-quality stocks such as Western Copper may have just begun to get better.

On this day, Li Xin was counting the data, and the mobile phone on the table rang, Li Xin picked it up and took a look, it was Chen Hai calling.

"What are you doing?" asked Chen Hai on his phone.

"What else can I do, isn't it just to make all kinds of statistical tables. What about you, what have you been up to lately?" Li Xin said.

"The stock market has been so hot lately, and I'm busy looking at stocks. Are there any stocks that are bullish? Chen Hai said.

"I think there should be room for stocks like coal and non-ferrous metals to buy a little bit. Li Xin said without thinking.

"These sectors have risen a lot, can you still buy them?" Chen Hai asked.

"It should be possible, although these sectors have risen a lot in the past year, and some have doubled, but if you look at the rise of non-ferrous metals in recent years, it is much greater than the rise of stocks. Also, there is a steady stream of funds entering the market now, and the ones that are sought after are resource stocks, so I think they still have room for the future market, and they can buy a little bit. Li Xin explained.

"Big brother, how do I know which one to buy? There are dozens of stocks in these sectors combined, which ones are better? Which ones are you buying?

"I bought Western Copper, and several other coal and non-ferrous stocks are also good. Don't just listen to me, compare yourself. You can choose a few of these two sectors, choose those that have not risen much in the early stage and have good performance, or you can simply buy Western Copper. Li Xin said.

"I'll wait until I get home in the evening and look at the computer, because there's too much going on in the office. Chen Hai said.

"Don't worry about this day or two, take a moment to see clearly, it's better to buy it again. Li Xin said.

"What do you think of the fund?" asked Chen Hai.

"It's okay, for people who are not familiar with stocks and don't have time to choose stocks by themselves, buying funds is also an option. This is equivalent to handing over your money to the fund manager and letting him help you trade stocks, if you don't have the time and energy to trade stocks yourself, this can save a lot of trouble. Li Xin said.

"Someone recommended that I buy a fund, and now it is more than a dollar, and it is likely to rise to nine or ten yuan next year, do you think the test is unreliable?" asked Chen Hai.

"Are you talking about the funds that are now listed on the stock market?" Li Xin asked.

"Yes. They said that there were a few funds that were only more than seven cents last year, and now they are all nine cents, which is almost two times. The stock market is so bullish now, maybe it can rise to about 10 yuan next year, what do you think?" Chen Hai said.

Li Xin said: "By next year, the fund will increase tenfold? I think it's probably impossible." ”

Chen Hai asked: "I just don't understand, tell me about it, why?"

Li Xin said: "These funds traded in the market now are all securities investment funds, and their main investment channels are stocks, plus some treasury bills, corporate bonds and the like. I estimate that more than 80% of their total funds should be invested in stocks. In other words, the most important income of these funds comes from stocks, and if stocks cannot rise tenfold, how can funds rise tenfold? Even if there are individual stocks that are particularly bullish and really rise by more than ten times a year, they should only be a minority. The fund's capital is very large, and in order to avoid risks, its investment is diversified, and it is impossible to buy only one stock. Most funds tend to hold a dozen or two dozen stocks, and stocks from all walks of life will be held. Therefore, the income of the fund can be comparable to the largest increase in the stock market, which is already very good, and it is absolutely impossible to rise tenfold in one or two years, unless the entire stock market also rises nine times or ten times in one or two years. Are you right?"

Chen Hai said: "This is also true. Also, is buying a fund similar to buying stocks? How do you choose a fund?"

Li Xin said: "I really haven't bought a fund, how to operate it, what procedures to go through, you call the securities company where you opened an account to ask, and the explanation they give should be more accurate." As for how to choose a fund, I think you still have to look at the background of the fund company, the performance of the fund manager, which is somewhat similar to picking the company's stocks, you must try to understand the profitability of the fund, which is the most important. ”

Chen Hai said: "Okay, I know, thank you, if you don't understand, I'll ask you for advice another day." ”

Li Xin's office door was open, and the words he said to Chen Hai were clearly heard in the corridor when Liu Zhongzhou went to the toilet.

After Liu Zhongzhou came out of the toilet, he walked in before passing by Li Xin's door: "Li Xin, what stocks have you bought recently?"

Li Xin said: "I didn't buy it, I still have Western Copper in my hand." ”

Liu Zhongzhou regretted it very much: "Alas, mine was sold early! What else do you have to recommend? Recommend two." ”

Li Xin said: "Otherwise, you should pick up Western Copper, I think there is still space." ”

Liu Zhongzhou said: "Good horses don't eat back grass, it may rise a little more, but it feels strange to chase high at this time, I think you should also ship." ”

Liu Zhongzhou's cautiousness made Li Xin very unimpressed, and what he said naturally did not go to his heart, and a smile slipped past his ears.

But a few days later, a news item on the news on Friday night made him nervous for a moment.

In the news, it was announced that from May 19, the benchmark interest rate of RMB deposits and loans of financial institutions will be raised. The benchmark interest rate for one-year deposits was raised by 0.27 percentage points, and the benchmark interest rate for one-year loans was raised by 0.18 percentage points.