Chapter 43: Loving the New and Hating the Old

Wednesday, 25 March 1992.

Industrial Real Estate announced the suspension of trading, and the market opened on April 1.

Due to the recent small daily trading volume of Yuyuan Mall, Yu Ming decided to continue to reduce his position in Yuyuan Mall.

Yuyuan Mall opened at 4,460 yuan and closed at 4,460 yuan, up 0.99% on the day, with a trading volume of 167 shares;

On this day, Yu Ming sold 100 shares of 700 shares in Yuyuan Mall at a price of 4,460 yuan, selling 443,000 yuan.

Thursday, 26 March 1992.

Yuyuan Mall opened at 4,505 yuan and closed at 4,505 yuan, up 1.00% on the day, with a volume of 190 shares;

On this day, Yu Ming sold 100 shares of 600 shares in Yuyuan Mall at a price of 4,505 yuan, selling 48,500 yuan.

Friday, 27 March 1992.

The opening price of Yuyuan Mall was 4,550 yuan and the closing price was 4,550 yuan, up 0.00% on the day, with a trading volume of 116 shares;

On this day, Yu Ming sold 100 shares of 500 shares in Yuyuan Mall at a price of 4,550 yuan, selling 452,000 yuan.

Monday, 30 March 1992.

The opening price of Yuyuan Mall was 4,550 yuan and the closing price was 4,550 yuan, up 1.00% on the day, with a trading volume of 60 shares;

On this day, Yu Ming sold 30 shares of 400 shares in Yuyuan Mall at a price of 4,550 yuan, and sold 135,600 yuan.

Tuesday, 31 March 1992.

Yuyuan Mall opened at 4,595 yuan and closed at 4,595 yuan, up 0.99% on the day, with a trading volume of 196 shares;

On this day, Yu Ming sold 70 of the 370 shares of Yuyuan Mall at a price of 4,595 yuan, selling 319,550 yuan.

Wednesday, 1 April 1992.

The Kyoto Index closed at 381.01 points, down 0.06% on the day;

Yuyuan Mall opened at 4,641 yuan and closed at 4,641 yuan, up 0.99% on the day, with a trading volume of 95 shares;

The opening price of Industrial Real Estate was 8.88 yuan and the closing price was 8.91 yuan, up 1.02% on the day, with a volume of 2,600 lots.

On this day, Yu Ming used the 1398650 yuan sold a few days ago to buy 156624 shares of Industrial Real Estate.

At a price of 4,641 yuan, 50 of the 300 shares of Yuyuan Mall were purchased and 25,817 shares of Xingye Real Estate were bought.

Thursday, 2 April 1992.

The opening price of Yuyuan Mall was 4,688 yuan and the closing price was 4,688 yuan, up 1.00% on the day, with a trading volume of 489 shares;

The opening price of Industrial Real Estate was 8.91 yuan and the closing price was 8.91 yuan, up 0.00% on the day, with a trading volume of 2,300 lots.

On this day, Yu Ming cleared the remaining 250 shares of Yuyuan Mall at a price of 4,688 yuan and bought 130696 shares of Industrial Real Estate.

So far, Yu Ming has completed the share exchange operation, and exchanged all 1,567 shares of Yuyuan Mall for Industrial Real Estate, holding a total of 742583 shares of Industrial Real Estate.

Based on today's closing price of 8.91 yuan, the market value is 6,616,414.53 yuan.

Because it is a warehouse swap operation, the cost of IB Real Estate is still calculated at 1.063 million yuan.

The net profit after the change was 5,553,414.53 yuan, and the yield was 522.43%

After Yu Ming changed his position in IB Real Estate, he only traded for two days before the May Day holiday, and the transaction dropped sharply to a state where the trading volume was only 1 share, and if the operation was a little late, it would be difficult to buy IB real estate shares.

……

In the first two days of the May Day holiday, Yu Ming and Zhou Jilan, Li Ruozhu, Sevillea and Dai Liana together, a group of 6 people visited the Great Wall, as the saying goes, "if you don't go to the Great Wall, you are not a hero", when several people discussed the location of the trip during the Labor Day, everyone invariably pointed to the destination of the Badaling Great Wall.

The 6 people arrived at Badaling at noon, and after browsing the Great Wall in the afternoon, they went to stay at Bixue Manor located in Badaling Economic Development Zone.

During the stay, after Dai Liana understood that the accommodation fees for the two semesters were paid by Yu Ming, Yu Ming talked alone.

Dai Liana said to Yu Ming:

"First of all, I would like to thank Mingjun Ruohua Music Co., Ltd. for cultivating me into a famous singer, having the opportunity to participate in concerts all over the world, and earning a considerable amount, and secondly, I would like to thank Mingjun Ruohua Music Co., Ltd. for taking care of me."

Dai Liana was dressed up very delicately at night, Yu Ming didn't dare to look at it, her eyes were confused, and she said in a vague way:

"Daliana, you're so beautiful!"

Dai Liana's lips were slightly open, and she wanted to speak.

Really, why is the concentration getting worse and worse, Yu Ming took a deep breath, and finally returned to normal, and said:

"You are a contracted singer of our company, and those things are the responsibilities of our company, so you don't have to take them to heart."

Dai Liana says:

"I came out of you today, mainly to tell you that I know that you helped pay for our accommodation."

Yu Ming says:

"What if you know?"

Dai Liana says:

"Severia has an agreement with you, she can do it with peace of mind, but I feel that I owe you a favor!"

Yu Ming says:

"You don't owe me anything, if you want to say that you owe, you also owe Severia a favor."

Dai Liana says:

"Dai Liana doesn't want my accommodation fee, or I'll give it to you, right?"

Yu Ming says:

"Do you think I'll want it, Daliana?"

Dai Liana didn't answer, walked up to Yu Ming, kissed Yu Ming lightly on the cheek and said, "Chairman, you are so good!" You can call me 'Anna' like 'Leah'! ”

After Dai Liana finished speaking, she ran away with a red face.

……

On the second day of the Labor Day holiday, at the suggestion of Xue Jun, the company held the first board of directors after the establishment of Mingjun Ruohua Company, and the meeting mainly discussed the source of the company's singers' new songs and the company's additional investment and the introduction of investors.

The final resolution was that the company would not buy the copyright of external songs for the time being, and Yu Ming would write another song for each singer; The company does not invest in additional investment and introduce investors for the time being, and the company's profits, including the profits in the later stage, are converted into shares and injected into the company.

……

After the Labor Day holiday, IB Real Estate began to rise.

Wednesday, 20 May 1992.

On this day, IB Real Estate closed at 15.38 yuan, up 72.62% from the closing price of 8.91 yuan on April 2, 1992, when the position swap operation was completed.

In the same period, the share price of Yuyuan Mall rose from 4,688 yuan to 6,242 yuan, an increase of 33.15%.

The increase of Industrial Real Estate is more than twice the increase of Yuyuan Mall!

Yu Ming likes the new and hates the old, and the share swap operation has won greater returns.

A piece of news before the market opened the next day made the Chinese stock market rise like a stimulant, and the rise of the day was absolutely unprecedented for the Chinese stock market.

Thursday, 21 May 1992.

Before the morning news, the Kyoto Stock Exchange decided to fully liberalize the stock price and implement free auction trading.

On this day, the Kyoto index opened at 1260.32 points, bottomed out to 604.01 points, and then soared all the way to close at 1266.49 points, an increase of 51.28% on the day!

And Xingye Real Estate and Yuyuan Mall performed very differently on this day!

Industrial Real Estate opened at a huge high of 30 yuan, and after bottoming out from 15.37 yuan to yuan, it soared all the way, closing at 33 yuan, an increase of 99.93% on the day!

However, Yuyuan Mall opened at a low price of 5,915 yuan, bottomed out to 5,650 yuan and then rose slowly, closing at 7,000 yuan, an increase of only 8.13% on the day!

The correctness of Yu Ming's new and tired of the old share swap operation has once again been strongly proven!