Chapter 43 Stocks Catch Up!

*****

In the last two days of May, the Pearl City Government announced in newspapers, television, and other media that it would increase the number of new shares issued this year, and the original plan to issue 10 new shares a year was expanded to more than 50, and the entire stock market was immediately in an uproar.

"Ahh After Jia Lei saw the newspaper, he jumped up happily and said.

"yes, we sent it this time!" everyone in the room laughed happily when they heard the news.

"I used to buy this stock subscription warrant to speculate on the warrant, but I didn't expect that what made more money than speculating on the stock subscription warrant turned out to be a new stock!" Jia Lei said excitedly.

"Now as long as you take this warrant, you can use the issue price to buy new shares after the lottery is won, and then we can sell the shares at the opening price after the new shares are listed. This change of hands is several times the profit, no wonder those people on the black market are willing to spend hundreds of thousands of dollars to buy a "book" stock subscription warrant!" Ah Fei couldn't help but say.

"Oh yes! Speaking of which, wouldn't the 20,000 stock subscription warrants I sold two days ago be a loss!" Jia Lei suddenly regretted and said in a hurry, according to this calculation, he would lose at least half of his profits.

"Come on, how expensive your subscription warrant is! When it is cheapest, it will be sold for 600,000 yuan, and when it is expensive, it will be sold for 800,000 yuan! Anyone in Mingzhu City may lose, but you will not lose!" Ah Fei couldn't help but glance at Jia Lei and said.

"Haven't you heard of a saying, if you make less money, you will lose!" Jia Lei said confidently.

"Where do you make less money? With your current worth, you can become the richest man in China, right? What do you want so much money for? You can't spend all this money in your life. Hong Chen asked.

"Who says I can't spend all this money in my life? This little money is not enough for me to spend in a month! I owe a lot of money now, and this little money is not enough to pay for my goods. Jia Lei suddenly said with a bang.

He doesn't want to be the richest man in China, now it's a position that can burn people to death!

"Jia Lei, what did you buy? Isn't even a few hundred million yuan enough to pay for the goods? Could it be that you bought an airplane or an aircraft carrier?" Ah Fei asked in disbelief.

"Bingo! That's right! I'm just buying a plane!" Jia Lei said with a special expression.

"Poof!" Hearing this, several people present immediately sat on the ground with weak legs.

"Jia Lei, you're not kidding, are you?" Ah Fei asked Jia Lei with wide eyes as he leaned against the wall.

"I'm not kidding! Why did you react so much to this matter? Didn't you always persuade me a few days ago to let me buy a plane?" Jia Lei asked puzzled.

"We're kidding! Just kidding, do you understand?" Ah Fei said frantically.

"That's right! Now, when everyone hears that someone is a bad man in the Soviet Union, they will always joke that you will definitely be able to buy a plane? Isn't this all because Mu Zhong's affairs are too popular! Everyone likes to use this to joke with you bad masters! Why are you still serious?" Ms. Jin said excitedly.

"That's right, my poor godson Jia Lei, why are you so affordable, everyone is just joking with you, are you really going to buy a plane?" said even the godmother disapprovingly.

"Yes, Jia Lei, your godmother is right, this is a joke and you don't have to take it seriously, otherwise we will return the plane, right?" Sanni cautiously proposed.

"What are you kidding, why should I return the plane? Do you know how difficult it is to buy a plane? I have already paid a deposit of tens of millions of dollars? I must not return it!" Jia Lei immediately shook his head and refused.

"You've already paid tens of millions of deposits, so you can't get a refund for this plane! Otherwise, those deposits will be gone! Oh my God...... That's it. Ah Fei finally knelt down when he heard this, he really couldn't hold on.

"Isn't it a good thing to buy a plane? Why don't you all agree?" Jia Lei asked.

"What kind of good thing is this? What do we ordinary people want planes for? Do we put them at home as toys?" Ah Fei asked.

"Jia Lei next time there is such a big event, can you discuss it with us in advance? If you really like airplanes, we can go and buy a model airplane, why do you want to buy a real one?" Hong Chen also said worriedly.

"I bought airplanes for business and not for fun, toy airplanes are useless! Don't worry, I won't spend money indiscriminately. Jia Lei said.

"I don't believe what you say! You said that you bought a plane to pull goods, so what kind of goods do you want to pull? Do you want to pull gold? Otherwise, I am afraid that ordinary goods will not even be able to earn back the fuel money of the plane?" Ah Fei asked puzzled.

"You can rest assured! There are so many things that are worth more than gold, if it really doesn't work, I'll rent out the plane and collect the rent, anyway, I won't lose money!" Jia Lei said after a while.

"Does anyone rent this thing too?" asked Sanni confusedly.

"There are a lot of people who want to rent this thing!" Jia Lei said with a roll of his eyes.

****

In other words, stock trading is a personal task now, because there are too many people who want to speculate in stocks......

In 92, when buying and selling stocks, you had to fill in the stock delivery form by hand, and you had to fill in the price and quantity on the stock application form for buying or selling, and then hand it over to the staff at the counter of the sales department to enter the price into the computer in the counter, and then the stock trading system in the computer matched to facilitate the transaction.

Before June 1992, there were only 15 stocks in the Shanghai Stock Exchange, and if the stock did not rise, it would be impossible to buy the stock if it rose.

"Jia Lei, quickly call Dasha over to me and ask him to help me grab the stock delivery order!" Ms. Jin shouted while standing in the stock hall, and Dasha immediately agreed and ran over to the counter to get the stock delivery order.

"Dasha, don't just take the list you bought, you even take a few copies of the list you sell!" Jia Lei stood at the back of the crowd and reminded him.

"Okay!" Dasha promised as he stretched out his arm to grab the order from the counter, and the others could only cheer him on from behind.

"I've filled it out, I'm going to buy 2 more shares of Yuyuan Mall this time! Dasha, you can help me hand over the list again!" Ms. Jin said after filling out the stock purchase application form and handing it to her son.

"Aunt Jin can't hand it over now! Your stock price has been lowered, and in the blink of an eye, the stock price of Yuyuan Mall has risen by another five yuan! Jia Lei looked at the stock price that had just changed on the big screen and said anxiously.

"Okay, I'll change it!" Ms. Jin glanced at the stock price that had just been updated on the LCD screen and said helplessly, and then she quickly changed the price on the purchase application form.

This was almost a common occurrence at the time, and all the shareholders in the hall had experienced it countless times. After filling out the list and looking up, the stock price has risen again, you have to quickly change the price on the list, otherwise you will not be able to buy the stock when the list is handed over.

In the same way, if the stock price falls and the selling price on your list is too high, the stock will not be sold!

This can only be said that you are too naïve, at that time, in the business department of a securities company, there were tens of thousands of people crowded inside and outside the door. When you finish changing the list and then hand it over, there are already countless people queuing up in front of you, and if you want to hand over the list, you have to squeeze with them.

When the crowd handed over the stock delivery order, it was as terrifying as the subway in the rush hour of commuting in the capital now, and handing over the order was a pure manual work!

Everyone was desperately squeezing in, and at that time, buying and selling stocks was not about time or price first, but strength first!

That is to say, whoever has the most strength will be given priority, the early shareholders have done such physical work, some crazy shareholders in order to grab the delivery order into the queue, and even climb to the second floor of the securities company, jump from the window and smash into the queue.

Therefore, most of the shareholders at that time were men......

****

Such a crazy queuing method and crowd have brought a big problem to the business departments of all securities companies in Pearl City, all the business departments are full, and some business departments can no longer withstand the explosive growth of the trading volume of stockholders, and it is common for doors and windows to be squeezed.

At that time, almost all the traffic near the sales office was paralyzed, and buses and other vehicles had to be detoured to avoid the crowd of people who were crazy about stock trading.

Of course, with the heat of the stock market, countless foreign brokerages coveted the stock market of Mingzhu City, and also crowded to Mingzhu City to start business, and for a time the streets and alleys were full of offices of stock securities companies and people speculating in stocks, and the market was even more chaotic.

In desperation, the exchange came up with a seemingly practical idea to add temporary counters to concentrate trading.

On June 1, 1992, under the leadership of the stock exchange, the business departments of more than 100 securities companies drove into the cultural square of Pearl City, which is half the size of a football field.

"In 1792, the first people of Wall Street traded their stocks under the plane trees on the side of the road, and we now have a much more modern cultural square. The people of the Shanghai Stock Exchange looked at the vast stock collection and said with satisfaction.

At that time, the opening of the pearl-like cultural square stock market shocked both at home and abroad, and there has never been such a large-scale stock trading market in any place.

"Damn! I have only dared to go to the big market in the countryside in my life, and I never thought that there would be a big market in the city!" Sanni said in shock as she stood outside the cultural square.

"I've seen a big market selling groceries before, a big market selling food! I've also seen various temple fairs, food festivals, and cultural festivals, and it's the first time I've seen such a big stock market?" Jia Lei calmed his jaw and said in disbelief.

"Let's go, let's not watch from the outside! Let's go to the stock market." Ah Fei dragged everyone in.

(The author has something to say)

"I'm sorry, I have something to do today, so the update is only for these two chapters! ”