Chapter 39 China's First Stock!

"Whew! The crowd finally dispersed, and it scared me to death. After Jia Lei finished speaking, he stood up from the corner with his messy hair.

"Jia Lei, are you okay?" Ah Fei led everyone in and asked with concern.

A few of them waited outside until everyone in the hall was gone, and then they dared to come in to look for Jia Lei and Dasha.

"Of course Jia Lei is fine! I am protecting him. Dasha patted the ash on his clothes and said that Jia Lei stood in the corner of the wall with a weak heart and waved his hand at everyone.

"Jia Lei, you don't want to die, there are so many people just now, you dare to break in?" Ah Fei asked angrily.

"It's okay! Aren't I with bodyguards and Dasha, I'm sure I'll be fine with them. Jia Lei pointed to the four bodyguards who followed him to argue.

"Don't think we didn't see it, but these bodyguards of yours came in from behind. Dasha didn't say you, why are you so stupid? Jia Lei asked you to rush in, you rush?" Hong Chen stared at Dasha angrily and said.

But Jia Lei said that if I could rush in with him, he would help me buy stocks. Dasha smiled stupidly and touched his head and said that Jia Lei had already put his stock certificate in his pocket.

"That's the reason! You can rush it, why don't you take me with you? We're still not brothers?" said the little Jew, too, bitterly.

What a great opportunity just now, it was a good time to buy the bottom! It's a pity that he didn't squeeze in.

"Little Jew, you...... You...... , do you all want money and don't want to die?" Hong Chen was so angry that he rolled his eyes and said.

His brothers are all rushing to die, and no one buys stocks and doesn't even want their lives!

"Whoever asks for money will not die, you can see that I have not suffered any injuries from top to bottom! I have earned money but I have not lost my life. Jia Lei said and pressed down his straw-like hair, but the buttons of his clothes had been torn off.

Dasha patted the flesh on his body nonchalantly, he didn't hurt his muscles and bones, at most he was bruised.

"Oh my legs are about to break...... "Someone in the hall sighed and screamed, there were too many people at that time, and bumps and bumps were inevitable.

Not everyone is like Jia Lei, who can sit on the shoulders of a person who is nearly 1.9 meters, and is escorted by four bodyguards to the front of the trading desk.

Now those who remain in the hall and have not left, except for a few people who have not given up on the big screen of the securities company, there is only a group of injured old and weak, sick and disabled.

"Feng Jun, why don't you come over and pull me up. My right foot was trampled on and swollen!" Suddenly a woman with a sharp voice shouted, and Jia Lei was startled when he heard this voice.

The rest of the people in the hall of the securities company all looked at the screaming woman, and Hong Chen just glanced back in the direction of the woman, and his eyes immediately turned red!

I saw Hong Chen clenching his fists, rushing over in three steps and two steps, and punching him in the face fiercely at the man who was pulling the woman up.

The man was immediately knocked to the ground by Hong Chen, and even her wife was dragged by him and fell back to the ground.

"Where did you come from, madman, why did you suddenly hit someone?" the woman scrambled to her feet, pointing at the tip of Hong Chen's nose and scolding.

"Oops, don't your feet hurt now?, do you still feel it now?" Jia Lei asked in surprise, and then he tentatively stepped on the woman's feet.

"You...... Oops, it hurts me to death, where are you a dead child, get out of here!" The woman trembled angrily and pointed at Jia Lei and said.

"It's good that you're still conscious, it means that your foot nerves are fine! I've checked it for you, you don't have to thank me. Jia Lei waved his hand to the woman proudly and said.

"Third brother, when did you come out?" asked the man who had been knocked to the ground and got up and hid behind a few friends in fear.

"Feng Jun, if you are a man, come out to me, we will fight alone!" Hong Chen clenched his fists and said with a loud "cluck", Ah Fei was afraid that he would kill someone and quickly stopped him.

That's right, this woman's husband is Feng Jun's scumbag who regretted his marriage.

"Who did I say? It turned out to be Hong Xia, your brother who was in prison came out? As soon as he came out, he dared to beat someone, and I think he will have to go in sooner or later. Feng Jun's mother glanced at Hong Chen disdainfully and said.

"Mom, don't talk nonsense with them, why don't you come over and help me. My feet hurt so much that I couldn't stand. The woman shouted.

"Hey, I'm coming, Juanjuan, are you okay?" Feng Jun's mother heard her shout, and immediately ran over to hold Juanjuan's hand and asked worriedly.

Looking at Feng Jun's mother's attentive appearance, it seems that the woman named Juanjuan is her mother-in-law.

Of course, nothing to do is either a traitor or a thief!

"Juanjuan, there were too many people in the hall just now, I was squeezed by the crowd and couldn't protect you for a while, aren't you hurt?" Feng Jun's mother asked with concern.

"I'm fine! Except for a foot that was stepped on, nothing else mattered. Juanjuan said.

"It's okay if you're okay, let's see if there's anything wrong with your stock?" Feng Jun said anxiously.

At this time, he couldn't even care about Hong Chen, who was waiting to beat him on the other side, and only thought about stocks.

"My stocks?!" Juanjuan suddenly screamed again at this time, and Jia Lei couldn't help but cover her ears.

"Was this woman a bat in her last life? screamed like infrasound, and my ears were almost deafened by her. Jia Lei couldn't help but complain.

"Fortunately, my stock is fine, this is my mother's dowry for me!" Juanjuan carefully took out a stock account book from her close-fitting clothes, glanced at it, and said.

"This thing is a treasure, you have to put it away, don't lose it?" Feng Jun's mother said worriedly.

"It's such a mess out there now, why don't you hand over this stock account book to me, and I'll keep it for you?" Feng Jun said with a roll of his eyes.

"How can such a valuable thing be handed over to you? This is the dowry that my mother prepared for me! She said that this stock account must not be handed over to her mother-in-law's family. This is my private money!" Juanjuan immediately refused.

"Oh, what kind of stock are you, worthy of such a treasure from you?" asked the little Jew curiously.

"Of course my account is a treasure, the stocks in my account are the most expensive stocks in the world!" Juanjuan said proudly, raising her chin.

"Poof!" Jia Lei spewed out a mouthful of foaming stars, and he almost didn't choke to death with his own saliva.

"What is the most expensive stock in the world, why haven't I heard of Berkshire stocks, and they can be put in a stock account on the Shanghai Stock Exchange?"

"I've never heard of the name Berkshire stock you're talking about? I'm talking about the stock of Yuyuan Mall! This is the most expensive stock in the world right now! One share is worth 6,000 yuan!" said Juanjuan proudly.

"This is impossible? In 1983, Berkshire Hathaway's stock price exceeded $1,000, so how could the stock of Yuyuan Mall be the most expensive stock in the world?" Jia Lei immediately retorted.

"How can it be that Yuyuan Mall is the most expensive stock in the world? I have proof, this is what the newspaper said, not what I said!" Juanjuan said as she took out a newspaper from her bag and opened it for everyone to see.

This is the Hong Kong Economic Journal in April 1992

It published a report entitled "The World's Most Expensive Stocks," which described the stock market in Pearl City in April 1992.

"As of April 24, the price-earnings ratio of 14 kinds of RMB ordinary stocks averaged more than 170 times, of which the price-earnings ratio of Ai Linge, which has the highest price-earnings ratio, reached 501 times, and it is not too much to say that it is the most expensive stock in the world. However, in terms of stock price, Pearl Yuyuan Shopping Mall stock is probably the highest price stock in the world, and the current share price of Yuyuan Garden Shopping Mall is as high as more than 5,020 yuan per share. Juanjuan read it aloud with great pride.

This newspaper has a special meaning to her, so she has always kept it in her bag, and when Juanjuan got married, her mother gave her two shares of Yuyuan Mall as a dowry!

"Feng Jun, I remember that you married Juanjuan at the end of April, did you marry her for the stock in this report?" Hong Xia suddenly raised her head and asked.

"So what? Juanjuan's mother is very generous, and she is willing to give her daughter such an expensive dowry, but what about your family? Your family refused to give you a dowry of 10,000 yuan at the beginning! Juanjuan's two shares in Yuyuan Shopping Mall are worth 12,000 yuan. Feng Jun actually admitted without blushing.

"I'll just say, this fat woman is much uglier than Hong Xia! Why would you give up Hongxia to marry her? It turns out that it's all for money!" said the little Jew disdainfully.

"I said this Ms. Juanjuan, aren't you afraid that this scumbag will abandon you for money in the future and marry another woman?" Jia Lei asked with the corner of his mouth.

"Hmph! I'm 10,000 yuan now, and my stock rose to 6,000 yuan at the opening this morning, and two shares are 12,000 yuan. Do you think there are a few girls in Mingzhu City who have such a thick dowry now? What if Hong Xia's poor ghost looks better than me, it's not because she can't get married because she doesn't have a dowry. Juanjuan said proudly.

"There are a few girls in Mingzhu City who have such a thick dowry, I don't know, I only know that my sister's dowry is 100 times thicker than yours! Hong Chen opened his stock account as he spoke, so that the family of three on the opposite side could see it clearly.

"This, this, this...... What is written on it?" Feng Jun's mother stumbled.

"Oh my God, you actually have 200 shares of Yuyuan Mall stock? How is this possible? In this way, isn't that poor ghost of Hong Xia going to turn over!" Juanjuan shouted in surprise.

When the shareholders in the hall heard that there were 200 shares of Yuyuan Shopping Mall, everyone suddenly gathered around to see the excitement.

"One share of Yuyuan Shopping Mall is now worth 6,000 yuan, and 100 shares of Yuyuan Shopping Mall are worth 600,000 yuan, so aren't those 200 shares worth 1.2 million!"

"Brother, where did you get so many stocks?" Hong Xia asked in shock.

"It doesn't matter where I got so many stocks, from now on these stocks are not mine, they are all yours! I have already decided to give you these 200 shares of Yuyuan Mall as a dowry. Hong Chen glanced at Feng Jun, who was pale on the other side, and then he stuffed his stock account into Hongxia's hand.

"No! it's too expensive for me to want. Hong Xia hurriedly refused.

"Oh my God, this girl's family is too generous, isn't it? He is willing to give her a dowry of more than one million yuan!" said the onlookers enviously.

"Hong Xia, this is a good thing, how can you refuse!" Feng Jun's mother suddenly dropped Juanjuan, who she was supporting, and walked to Hong Xia's side enthusiastically and said.

"Oops!" Juanjuan had been leaning on her, but she fell to the ground unexpectedly.

"Feng Jun, take a look at your mother, what's going on? You see she threw me down? You still don't help me up. Juanjuan complained.

It's a pity that when she looked up, she found that Feng Jun had already run to Hong Xia to offer her courtesy, and when she heard Juanjuan shouting at herself, Feng Jun didn't even turn her head.

"Hong Xia, in fact, I have always loved you in my heart, the reason why I broke up with you in the first place was all because my family was against it......" Feng Jun affectionately talked to Hong Xia about his hardships, and his mother also took all the responsibility on himself.

"I've really opened my eyes this time! I've seen a lot of scumbags, but I've never seen a scumbag with such thick skin. At the beginning, it was obvious that he abandoned Sister Hong Xia because he hated the poor and loved the rich, but now he can still brazenly say that he still loves Sister Hong Xia?" Jia Lei looked at Feng Jun in disbelief and said.

"Brother Chen, you said that Sister Xia wouldn't fall for Feng Jun's little white face again, right?" Dasha asked worriedly, even if he was so stupid, he could see that Feng Jun was not a good person.

"I have faith in my sister, she won't!" Hong Chen said with his fists clenched.

"I also think that Hong Xia will not forgive Feng Jun, if her aunt didn't tell her about the dowry yesterday, Hong Xia may still be nostalgic for Feng Jun's little white face. But now?hehe......" Ah Fei smiled meaningfully.

"Bang! You don't love anyone, what you love most is money!" Hong Xia suddenly shouted, and then slapped Feng Jun hard.

"Well done!" Jia Lei said as he cheered for Hong Xia again.

"Hong Xia, how dare you hit me?" Feng Jun asked in disbelief, covering his face, this was something that had never happened before.

"What's wrong with me beating you? You should be beaten so cheaply!" Hong Xia kicked him hard after speaking.

"Sister, you play well! People like Feng Jun are not worthy of you to slap him with your hands, and your hands still hurt when you slap him. Hong Chen said distressedly on the side.

"Hong Xia, if you dare to hit me again, I will ignore you in the future!" Feng Jun said with a white face.

"I wish you had ignored me! Don't come to pester me in the future with a villain like you, or I'll see you hit me again." Hong Xia said.

Then Hong Xia kicked Feng Jun's lifeline again, turned around and ran out crying.

"Sister!" Hong Chen immediately followed out in a hurry.

"The scumbag and the are really a perfect match, I wish the two a hundred years together......! I'm afraid it's a bit troublesome to give birth to a noble son early......" The little Jew said after glancing at Feng Jun, who was rolling on the ground with his legs between his legs.

"Feng Jun, what do you mean by this? We are already married, you dare to say that you love other women in front of me? What is better than me about Hong Xia's pig intestine washing?" Juanjuan asked angrily.

"This young lady, I advise you to shut up. Otherwise, be careful that I will cut you!" Ah Fei kicked Juanjuan and said.

"Brother Fei, how can you be rough with a lady, although this Juanjuan's mouth is more stinky than a pig's intestine, but we can't beat a woman!" Jia Lei hurriedly stopped Ah Fei and said.

"This Juanjuan girl, I think you should consider divorcing Feng Jun! After all, he only recognizes money, and the stock in your hand is not as valuable as you think. Jia Lei squatted down and said to Juanjuan in a fake way.

"What nonsense, even if my stock doesn't have as much as Hongxia, it's the most expensive stock in the world! Even if it's just two shares, it's worth a lot of money. Miss Juanjuan said with red eyes.

As far as I know, the most expensive stock in the world is the stock of Berkshire Hathaway, owned by Warren Buffett, and even if the market value of that company fell sharply in 1990, a stock was sold at $5,500 per share. Jia Lei stabbed Miss Juanjuan in the heart without hesitation and said.

"No way, I don't believe it! How can what the newspaper says be fake? My stock is the most expensive stock in the world!" Juanjuan said in disbelief.

"If you don't believe me, I'll have you take out the Berkshire stock I have in the safe in Country M. You don't know, I barely got 10 shares during the Wall Street financial crisis! Jia Lei said with a sigh.

****

After Jia Lei and his group left the Haitong Stock Exchange, they turned around and went to the business department of Wanguo Huangpu Securities to inquire about the stock price.

May 21, 1992 was destined to be a memorable day in the history of Pearl Securities, as all the stocks on the exchange experienced a surge, and some even set new all-time highs.

After 10 o'clock on May 21, the trading volume of the Shanghai Stock Exchange began to increase, and the new stock price rose between 250 and 300 yuan across the board, which is the price of new shares is generally higher than that of old stocks.

Many big investors like Jia Lei began to buy the bottom of the old eight shares, so the old stock buy orders immediately soared, vacuum electronics and Yuyuan shopping mall stock prices rebounded strongly, Shenhua Electrician's trading volume also soared to 12,604 shares, and its price rose to about 410 yuan per share.

By 10:20, the Shanghai Composite Index reached the peak of the day, soaring to 1365 points!

The index is 522.4 points higher than the 842.6 points it had 30 minutes after the opening day. Since then, the growth of new stocks has begun to slow down, and it has gradually been surpassed by the old eight stocks.

After the lunch break, in addition to Feilo shares and Phoenix Chemical, which have long been liberalized, continued to hover slightly, the stock prices of new and old stocks began to climb sharply at the same time.

By the close of the day, except for Yanzhong Industrial, Feilo and Phoenix Chemical, the stock prices of the three old stocks that had been piloted in two phases fell slightly compared with the previous day's close, and the stock prices of the rest of the new and old stocks all rose.

On May 21, the Pearl stock market soared after the full liberalization of its stock price, with the Shanghai Composite Index soaring from 617 points the previous day to 1,266 points, a 100% increase in one day.

On the same day, the price of stock subscription warrants on the black market reached tens of thousands of yuan!

The next day, the Shanghai Composite Exchange continued to rally sharply in stock prices and indexes, with the prices of all stocks rising. In particular, the Yuyuan Garden shopping mall reached a high price of more than 10,000 yuan a share on the same day!

So far, Yuyuan Garden Shopping Mall has become the first 10,000 yuan stock in China!

Later reports also recorded the situation at that time.

In the 6th issue of "Special Zone Economy" in 1992, there was a detailed record of this round of sharp rise in the Shanghai Stock Exchange:

From May 18th to 22nd, the share price of "Light Machine" rose by 573%, the share price of "Yigang" rose by 483%, the share price of "Second Textile Machinery" rose by 404%, and the share price of "Jiafeng" rose by 402%. At the same time, the market price of the stock of Yuyuan Shopping Mall exceeded 10,000 yuan, setting a sky-high price in the history of China's securities trading, and was known as "China's first stock".