Chapter 65: Entering the Stock Market

In November, after more than five months of continuous decline, the Shanghai stock market fell from 1,400 points to 399 points, and the Shenzhen Component Index also fell to 174 points.

This is not the lowest point in Li Bayi's memory, but it is the entry point for Li Bayi to enter the stock market.

You know, when the stock price plummets to the point where everyone is desperate, it is often the time when the light is coming.

So Li Bayi and Liu Guilin flew to Shanghai together, while ** Sheng, Zhang Haitao, Han Zhen and other people who went to Shenzhen with Li Bayi last time flew to Shenzhen.

Li Bei and Liu Lan continued to go to school, but this time Li Bayi did not take them with him, and the subscription warrants purchased by the four of them were handed over to Li Bayi's Asia Investment Company to operate. The same is true for the little sister Li Lian.

This time, the team going to Shenzhen and Shanghai was very large. Li Bayi's relatives, friends, classmates, and even teachers were notified by Li Bayi in advance, and all those who believed in Li Bayi and dared to take risks found a way to scrape together a sum of money, either going south to Shenzhen or going to Shanghai to join the army of stock speculation.

Of course, some of them did not speculate in stocks themselves, but invested money in Li Bayi's Asia Investment Company and entrusted Li Bayi to help them manage their finances. Li Bayi promised to earn 50 percent of the profits for these people in three months.

This is crowdfunding, and it is an emerging concept that Asia has been proposing since its inception. Unfortunately, this new concept became infamous in later generations.

Crowdfunding is a good business model and works very well abroad, but in the magical soil of the Republic, it is a tool for scammers to defraud relatives, friends and honest people of money. The same is true for pyramid schemes and fundraising.

This time, Li Bayi informed everyone who was good to him in his previous life that he could notify. Of course, whether you are willing to join in is someone's business and a person's life.

He was reborn and changed his fate, and he also wanted to change the fate of the good people around him.

But the Bible also says that when God comes knocking on your door, if you don't want to open it, God won't save you.

When Li Bayi and his entourage arrived in Shanghai, the Shanghai Composite Index had already fallen to 393 points, the Shanghai Stock Exchange was deserted, and there were only two or three big cats and kittens, and the entire Shanghai stock market was in a gloomy fog.

It has been two or three days since the "chlor-alkali" stock was listed, but there were few buyers, which is in stark contrast to the scene of hundreds of thousands of people queuing up day and night to grab new shares a few months ago.

On the day Li Bayi arrived in Shanghai, "chlor-alkali" stocks had to be issued at a premium, falling from five yuan to four yuan nine, and the outstanding stock "Liannong" also fell from seven yuan to seven yuan and two yuan......

Almost all of the new stocks listed this time have suffered the same treatment. Many people who had previously spent a lot of money and energy to buy warrants were even more disappointed when they saw this situation, and either sold the warrants in their hands at a low price, or held the warrants and waited and watched.

Li Bayi even exchanged only a few packs of cigarettes for the subscription warrants needed by the more than 30 people he brought, which really made Li Bayi speechless.

On the same day, Li Bayi began to eat a large number of cheap stocks such as "chlor-alkali" and "Liannong", and at the same time, he also issued a similar acquisition order to Feng Mingyong, who was far away in Shenzhen, and asked him to guide everyone to buy new shares......

Li Bayi bought a 300,000 yuan subscription warrant at one time when the third warrant lottery was drawn, and since the winning rate was 100 percent, even if Li Bayi bought the "chlor-alkali" at a premium, it would cost 49 million yuan. What's more, Li Bayi divided the money into investment, and he bought all the new shares issued this time, including the "Liannong" of seven yuan and two.

In the end, Li Bayi spent all his net worth of more than 30 million yuan, and only used 200,000 yuan of subscription warrants, and there were still 100,000 yuan of subscription warrants left in hand.

Liu Guilin was miserable, he was kind-hearted last time, and bought a subscription warrant of 5 million yuan at one time, and after a few months, he threw out less than 1 million yuan scattered. Now I can spare five million in cash.

The market is bleak like this, if it was Liu Guilin himself, he would not dare to enter the market at this time, but with Li Bayi's participation, it is different. He now regards Li Bayi as a god, and as long as Li Bayi says to do, he will not hesitate to do it.

He planned to sell the subscription warrants he had at a low price to make up a lot of cash, but Li Bayi stopped him: "Uncle Liu, even if you sell it cheaply, you can't sell much now, so let's keep it." Soon the stock is going up, and once you enter a bull market, your call warrants will be ready to sell. ”

The behavior of a group of people immediately attracted a lot of shareholders who were wandering outside the door of the Shanghai Stock Exchange, and they gathered around to inquire about the news. In particular, when he learned that Li Bayi had invested tens of millions of dollars to buy new stocks such as "chlor-alkali" and "Liannong", there was even more uproar.

Just when Li Bayi was having trouble getting out, he suddenly heard someone shouting, "Yang Million is here"! Suddenly, the people surrounding Li Bayi and them rushed out all of a sudden.

Li Bayi walked out of the hall of the exchange and just saw a burly middle-aged man in a silver-gray suit getting out of a black car at the edge of the square in the distance.

As soon as his burly body left the car, he was surrounded by many anxious stockholders, who asked him for his opinion.

"Lao Yang, will it still fall?"

"Yang Million, tell me, when will this Laoshzi stock fall? I'm on the verge of jumping off the building. ”

"Mr. Yang......"

Not only did there be more and more people surrounding the man, but even those who heard the news from a distance kept running over. The appearance of that man actually caused a storm.

However, the man looked calm and confident, and he smiled and did not answer everyone's questions, but waved his hand from time to time, which was very similar to the chairman of the year.

"Let me go, everyone, don't worry."

The man walked towards the square with his feet raised, and the men who were tightly surrounding him hurried out of the way, and then followed him with a careful face, hoping to hear a word from him.

The security guards surrounded him and said, "Lao Yang, if you have anything to do, just make a call, why do you want to come in person?" Look at how many people are around! ”

Yang Million smiled as he walked to the stage in the square, surrounded by a large crowd of stockholders, most of whom were workers, cadres, retired workers, and citizens who had been trapped for several months.

For months, they were unwilling to eat, sleep restlessly, and would cry in their dreams, some lost tens of thousands, and some lost thousands. Most of them are the salaries that have been saved little by little!

But at this time, these people are closely watching Yang Million, the most famous civilian investor and civilian financier, every move.