Chapter 16 92 Call Warrants

Speaking of the 92-year stock subscription warrant, later people jokingly called it the "92 fortune certificate", and the price of the 100 subscription warrants was speculated to tens of thousands of yuan on the black market at the peak.

After Jia Lei heard Li Chengyu mention the three words of the subscription warrant, he had the heart to inquire more about the specific issuance of the subscription warrant with him.

"What is that stock warrant you just mentioned? What the hell is going on, can you tell me?" Jia Lei asked curiously while sitting in the car.

"It's nothing unusual, it's just a new way to issue shares. I remember that when the stock first came out the year before last, no one bought it at all, and in order to sell the stock, there was a prize issuance to encourage everyone to buy the stock, but no one bought the new shares, and some units even apportioned party members and workers to buy stocks. Li said that his family had also been apportioned to buy two shares of Yuyuan Mall stock.

"Later, these people made a fortune! I made a lot of money by following these people to make a big bargain. Jia Lei nodded in agreement.

"It's because the people who bought the shares last year all made money, and then the stocks became hot, and now there are people rushing to buy new shares without publicity! But because there are too many people robbing them, there is always chaos, so those of us who are police officers have to maintain order every time a new stock is issued. Li Chengyu said with a wry smile.

"This is what you called back then, and now I call you unattainable!" Jia Lei concluded.

Now it is more difficult to buy the newly issued shares than to marry the daughter of the emperor's family. There are too many people who want to buy stocks, and ordinary people can't grab them. In order to maintain the principle of fair and just issuance, the recently issued new shares adopted the process of first queuing up to receive the lottery number, then drawing lots, and finally everyone paying to buy shares with the winning number. I originally thought that there would be fewer people who would end up buying stocks, but I didn't expect it to be useless. Li Chengyu said.

"Of course it's useless, the number of people who want to buy stocks is hundreds or thousands of times the number of shares issued, and you think that there will be fewer people who will go in the end if you get a lottery? It's really stupid! As soon as you hear that you are going to draw lots, you will definitely call your relatives and friends at home to line up in order to increase the rate of winning the lottery. When the time comes, there will only be more people in line, and there will be no less!" Jia Lei said with certainty.

"Didn't I just let you say, when the day of the actual lottery of the subscription form was distributed, there were ten times more people going than originally estimated, and I will be afraid of the events of that day when I think back on it. Li Chengyu said.

In December 1991, in order to solve the problem of rushing to buy stocks, Pearl City decided to let the three securities companies in the city jointly rent more than 20 sports venues in Pearl City, and issue subscription forms for various stocks at the same time within the specified time.

"Jia Lei, you don't know that we used so many staff and police forces for that operation, which should be the most in Mingzhu City and even the whole country. In order to ensure the safety of the masses at the time of stock issuance, the city mobilized almost all the city's police force to maintain order.

But there were still stadiums and swimming pool halls that were broken by the rush of people who rushed to buy stocks! The wound on my arm was hit at that time, but fortunately, there were many policemen who went at that time, and everyone was only slightly injured and there were no fatalities. Li Chengyu said happily.

"Fortunately, no one died, otherwise a good happy event would have turned into a funeral. Just because there was a mess last time, is this warrant going to be made this time above?" Jia Lei asked.

"That's right! This subscription warrant is issued to all citizens of Pearl City in unlimited quantities, and the policy of issuing a single issue throughout the year is implemented, and a subscription warrant can participate in multiple lottery lots, and then subscribe for shares with the winning number, and this subscription warrant can be used repeatedly to win the lot. Because it is an unlimited distribution, everyone can buy it! This time, I am not afraid of any more trouble. Li Chengyu said proudly.

"Is there no limit to the issuance of subscription warrants? That's a really good idea!" Jia Lei said meaningfully.

****

As a reborn, Jia Lei will never let go of the opportunity to make a fortune with the 92 warrant, so Jia Lei burned the paper money for Jia Aiguo for the second anniversary on January 1, and it was rare to stay in China.

After Jia Lei settled down, he began to distribute various gifts he brought back to relatives and friends.

"I'll bring you some gifts when I come back from this trip, and I know that you and your godmother are busy and you won't have time to send someone to pick them up from me, so I'll send them to you. Jia Lei sat on the sofa at Mayor Zhao's house and said.

"I told your godmother yesterday that since you are back, I will definitely ask you to come to the house another day. I didn't expect you to come to the door by yourself today!" Mayor Zhao said to Jia Lei with a little embarrassment.

He didn't expect that Jia Lei would recognize him as a godfather after what happened last time.

"I, the junior, of course have to take the initiative to go to the elders' house to say hello, how can I let you invite me! Everyone is a family, so it's too raw. Jia Lei didn't seem to see Mayor Zhao's embarrassment, and pretended to be very affectionate.

No matter what Jia Lei thinks in his heart, Pearl City is one of the most prosperous first-tier cities in China after all, and Jia Lei will never take the initiative to push away such a good backer as Mayor Zhao.

Jia Lei's tone was too affectionate, but Mayor Zhao felt uncomfortable, and the scene fell into embarrassment for a while.

The two of them were silent, one was really unable to pretend to be a filial son and grandson, and the other was that they found that Jia Lei's enthusiasm was too fake and estranged themselves.

"Hey, Jia Lei, your child is really filial, and every time you come back from abroad, you don't forget to bring us gifts. Thank you so much?" said Mrs. Zhao happily looking at the gift, and she, the third party, finally broke this embarrassing atmosphere.

"What kind of gifts did you bring this time? Don't give them too expensive, even if we are a family, I can't accept too expensive gifts. This is a violation of discipline!" Mayor Zhao, as an old fritter in officialdom, quickly adjusted his emotions back and said naturally.

Although he and Jia Lei can no longer get along sincerely, everyone still has to maintain a face, at least on the surface, the two of them still have to pretend to be a father and son.

"I know the rules! These things are not worth much, they just have some special meaning. Jia Lei said.

What he gave Mayor Zhao was a recording of Leo Nikolayevich Tolstoy, the world-famous writer who wrote "War and Peace", "Anna Karenina", "Resurrection" and other world-famous works.

"This recording of Tolstoy was accidentally obtained by me, and it is said that the great inventor Edison gave Tolstoy a tape recorder he invented himself, and Tolstoy used this recorder to record several of his speeches, and this record is a rip of Tolstoy's speeches. Jia Lei said that when he heard this, Mayor Zhao immediately picked up the record excitedly.

"Oh my God, I didn't expect to get such a precious gift, but there was Tolstoy's voice in it. Mayor Zhao said excitedly.

"Where did you get such a precious thing?" even Madam Zhao couldn't help but ask.

After all, Tolstoy is one of the world's most famous writers, thinkers, and writers, and his popularity is simply well-known.

The Tolstoy Museum has made a record of two speeches recorded from Tolstoy's relics, and only 3,000 copies of this record were made as gifts for guests attending a commemorative event. This time I was lucky enough to buy two of these records in Moscow, and I think my godfather will love this gift. I'll bring one for you!" Jia Lei said.

In terms of economic value, these two records are not worth much money right now. But in other ways, it means something that money can't measure.

Jia Lei has truly achieved a model of gift-giving with light courtesy and heavy affection!

Because the Tolstoy House Museum broadcasts this record for free every day to visitors, this recording is not an extremely precious out-of-print cultural relic, and no one can say that Jia Lei paid bribes because of a record.

****

"Hey, I probably wouldn't have accepted anything else if you gave it, but I'm really reluctant to refuse this gift. You kid, the gift is really in my heart. If my sons were half as smart as you, I would be self-sufficient!" Mayor Zhao and Jia Lei said in their hearts.

"I'm just thinking more and more diligent than anyone else. I have to plan everything by myself without a father or mother, and the children of the poor are in charge of the house long ago! A few godbrothers are so lucky, with you helping them plan for the future, naturally there is no need to think so much about me. Jia Lei said with a wry smile.

"But they just know how to enjoy themselves, no matter how much I help them plan, they won't be able to do it themselves!" Mayor Zhao said with a wry smile.

The two of them looked at each other and smiled bitterly, and before they knew it, the unpleasant little thing that happened a few months ago was estranged and slowly began to dissolve.

"How long are you going to stay when you come back this time?" Mayor Zhao asked Jia Lei.

"The situation in the Soviet Union is so chaotic right now that I won't go over for a while. I may have to stay in China for a month or two this time!" Jia Lei thought about it and said.

"Hey, I've heard about the situation over there, it's really a mess, it's better for you to stay in the country. Anyway, Huaxia is so big, there is always a place for you to make money. Mayor Zhao said.

"I also agree with you! If nothing else, isn't there a good business in the Pearl City right now? I heard that the Pearl Market is about to issue stock warrants, so I want to stay and buy some. Jia Lei said with a smile.

He's here today to find out the news of stock call warrants!

"This stock warrant is not the same thing as a stock, you can buy a real share for 30 yuan, but you spend 30 yuan to buy a warrant but you only spend money to buy a qualification to buy stocks. The odds of winning the lottery are about 20%, which means that only two out of 10 warrants you buy can win the lottery to buy the shares. Mayor Zhao reminded Jia Lei.

"It doesn't matter, I'm confident that the stock will rise! Even if you can only get one out of ten subscriptions. I heard that the income from the subscription warrant, after deducting the cost of production, underwriting fees and advertising and other miscellaneous expenses, will be donated to the social child welfare cause of Pearl City. Those warrants that I didn't win will be all donated to the welfare home!" Jia Lei said indifferently.

Jia Lei still knows the later income of this 92 call warrant, in addition to the soaring price of the call warrant itself, the stocks it can use to buy are many long-lasting blue chips.

"Since you have already made a decision, I will not persuade you, we have arranged 450 business outlets in the city to issue this stock subscription warrant, and you can buy it yourself on the 19th. Mayor Zhao said.

"I see!" Jia Lei nodded and said.

****

The method of issuing stock warrants, the charging standards and the role of stock warrants have been hyped up in newspapers since the 14th, and even loudspeakers on the side of the road have been talked about many times.

"You say, will the citizens think that the subscription warrant we issued is a fraud of money? After all, the winning rate of this thing is so low, you can only win one or two copies if you buy ten copies! 30 yuan is ten days' wages for ordinary workers!" asked an elderly leader.

After all, buying this subscription certificate is the same as buying a lottery ticket, spending a lot of money but not necessarily winning, the price of 30 yuan a copy is many people's 5 days of salary.

"I still don't like the price of 30 yuan is too low, and the fee for each subscription warrant should be increased several times, so as to avoid those ordinary citizens who don't know how to speculate in stocks blindly buy subscription warrants. We are cheating, and we also want to cheat the money of those black-hearted businessmen. Another old leader said.

Because the winning rate is too low, most old-school leaders feel that this matter is unreliable......

However, at that time, all the leaders in the city did not think that the warrants would not be sold, because the scene of the hot stock sales in front of them was still vivid.

There is only one thing that the leaders of the city are worried about, that is, the sale of subscription warrants is too hot and will bring about public security problems, and the city has held many meetings in order to solve the problem of public security and the issue of discipline in the process of selling subscription warrants.

Later, it was decided that the business area of each distribution outlet should not only be large, but also the surrounding site should be open to facilitate the evacuation of people, and Pearl City even dispatched all the city's police forces to help maintain order.

Everyone is waiting for the day when the call warrants will be issued.

****

January 19, 1992 Pearl City

Jia Lei pulled all his relatives and friends early in the morning and ran to the nearest Industrial and Commercial Bank to line up.

But strangely!

At the beginning, there were dozens of people queuing in front of the bank, but everyone lined up and found that there were not as many people as imagined to buy subscription warrants, and the enthusiasm of the people in line to buy subscription warrants decreased.

There are many people who even leave the line in the middle of the queue and don't buy it!

"Jia Lei, so many people don't buy it, is this call warrant unreliable?" Sanni asked worriedly, holding her wallet tightly.

"Allah has long said that this thing is not reliable, how can this 30 yuan 1 subscription warrant be higher than the price of the stock? You must know that even if it is newly issued, the issue price of 1 yuan and 1 share is less than 6 yuan. But this warrant will be sold for 30 yuan a piece, and the money to buy a warrant can buy five shares! It may not be successful! If it buys it and then buys stocks later, how can it still make money......?" Grandma Zhou muttered reluctantly.

"Mother-in-law, Jia Lei is the reincarnation of the boy who sat down under the God of Wealth, and he has never lost money in business. Let's act with him this time, you must not hold our family back!" Zhou Wen's mother hurriedly grabbed her mother-in-law and said.

Jia Lei has made a fortune by speculating in stocks, so let's follow him to buy it. The other relatives and friends all nodded.