"Kojima-kun, do you know about securities lending?"

Kojima shook his head.

Sakurai then explained in simple language what financing and securities lending are. Stocks rise and fall every day, and it is these ups and downs that create the tragicomedy of all kinds of wealth.

Let's say a person has Boeing stock worth $100. Suddenly, he realized that Gillette stock could rise from $20 to $30, but he was reluctant to sell Boeing stock. What to do? He can use Boeing stock as collateral to borrow 40 yuan from others through the stock exchange, buy 2 shares of Gillette stock, sell it when Gillette stock rises to 30 yuan, get 60 yuan, and repay 40 yuan to make a net profit of 20 yuan, which is financing.

On the contrary, the current price of Gillette shares is $30, but it will fall to $20. Still using Boeing shares as collateral, I borrowed 2 Gillette shares (worth 30 yuan at this time) from others through the exchange, and immediately sold them, and when the price fell to 20 yuan, I bought two more shares to repay them. This is called securities lending. Another thing to note about securities lending is that when the two parties sign the securities lending agreement, the time limit for securities borrowing and lending will be stipulated, and the specific period will be freely agreed upon by both parties, one day or two days, one month and two months. The coupons can be repaid in advance, but the coupons must be repaid with coupons, which means that on the appointed day, even if the price of Gillette shares soars to 40 yuan at this time, the integrating party can only spend 40 yuan to buy physical shares from the market for delivery.

Looking at Kojima's appearance of understanding or not, Sakurai shook his head, "Forget it, this is really not something that can be done right away" and then got up and walked to the bookcase and flipped out a few books.

"Kojima-kun, the task I gave you these days is to read the books carefully, just understand these books about the securities and futures market, as a reward, I will take you with me on the day the net is closed, so that you can witness the ugliness of those capitalists being pulled out of their bones!"

"Thank you, seniors, but, shouldn't you go through the stock exchange, how can you still meet those capitalist speculators?"

"Hey, hey, you just mentioned my nickname, why did you forget? Don't treat me as a human being at this time. Well, those Chinese capitalists will definitely scold me for not being human. Hey, hey, if I can't see my opponent's dying wail, how can I do it? Sakurai drank the wine from his glass in one gulp, and because of the violent movement, a few drops of amber liquid hung on the corners of his mouth, slightly red in the light of the light, and he was in a trance like human blood. Sakurai stuck out his tongue and slowly licked the drops of wine, and Kojima suddenly felt that compared to Sakurai, the ghost animal was the real surname of this person.

Qian Dingzhang held the newspaper in his left hand and supported his forehead with his right hand, as a traverser, he naturally understood the routine of convertible bonds. Qian Xunzhi sat next to him without saying a word.

"What should I do?" Qian Dingzhang asked.

The "I don't know" answer came unexpectedly.

"Uhhh Qian Dingzhang didn't react for a while: "You said you don't know? ”

"Why should I know?" Qian Xunzhi looked at his son with a puzzled face, "I'm not a hat grabber in the stock exchange, I said Mr. Storyteller."

"Storytellers generally get this?" Qian Dingzhang shook the telegram in his hand: "Could it be that you also have a friendship with Dongyang Pingtan?" The strings they play are different from ours, they are covered with cat skin, and there must be a few symmetrical pink dots on the skin of good strings, which are cats' milk heads. ”

"The little ghost chews maggots again, this is my shirtless brother in my early years, and later went to the East, and I went to him to try my luck, but I didn't expect it to happen. I know what a convertible bond is, but what about it in the future? Qian Xunzhi spread his hands.

"I thought you were Xu Xiang," Qian Dingzhang walked up to him and threw out a cold sentence, while secretly squinting at his expression.

"What Xu Xiang?" Qian Xunyi's face was dazed.

"Well, it's the one in the newspaper last year, the one who grabbed his hat and grabbed his head and was forced to jump off the building." Qian Dingzhang casually made up the road without changing his face, anyway, it is not news to jump off a building and jump into the Huangpu River in the Shencheng Exchange in this era, and there will be a few cases every three or five times.

"Damn, I didn't react to the starting point Chinese and Xu Xiang, seeing this cheap old man should be able to completely rule out the suspicion of the traverser, but why can't I be happy about TMD, yes, if he really came through my era, the two can still do something together, and it seems that they can only rely on themselves at the moment." Thinking of this, Qian Dingzhang became sullen.

Qian Xunzhi saw that his son looked disgraced and thought that he was worried about the stock matter, but came over to comfort a few words: "We are ordinary people, and the Oriental radish head is now clearly engaged in conspiracy and trickery, and we can't check the big things, but the small side has come to persuade Mr. Lu not to wade into this muddy water, and secondly, we can probably put the news on the tabloid and say that the radish head has an additional 20% equity in his hand, and he wants to throw it out after speculation, so we can do our best for the country." ”

"Before you came just now, I heard a few agents downstairs say that the Oriental people began to lend securities and smash them down", this sentence suddenly popped into his head, which was what the administrator who died on the street told him before. For Qian Dingzhang, who has experienced the stock turmoil in the 21st century, this sentence did not attract much attention from him at that time, after all, securities lending is just an ordinary financial instrument.

But seeing the telegram in his hand, and thinking about the situation that the Administrator had told him before, including the bizarre deaths of many people, and even the Administrator himself did not escape the black gun.

"Daddy, this matter is troublesome", and then said his thoughts from beginning to end.

Qian Xunzhi's face also began to turn a little pale, "Judging from such a big movement, you said that Dongyang is for these 20,000 shares, and it is good to count him for 20 yuan a share, but 400,000 yuan, and he will fight for this money, and the radish head will not be so stupid." ”

The two looked at each other, heard the rickshaw bell ringing at the door, and then heard the voice of Sister-in-law Feng opening the door to greet each other, "Mr. Lu and my sister are back." We'll be able to eat after a while. ”

The father and son glanced at each other, got up and walked to the living room.

"Mr. Qian, Mr. Xiao Qian is good" Lu Zuixian stepped forward and greeted warmly when he saw the two, "This afternoon, Pei Dashao came to me and said that the money would be delivered before the market opened tomorrow morning at the latest, and it would not be overtime." He said that this morning, the Oriental people opened the market in a hurry, and the stock price was smashed to 15 at once, and their group of people judged that this was a death struggle, and the Oriental people threw as much as they ate, and insisted on hitting the price at 25 yuan. ”

Qian Dingzhang turned his head to look at Lao Tzu and found that the latter was also looking at him, knowing that Qian Xunzhi was going to push himself out and say those things that he didn't like very much.

But I couldn't excuse myself, so I had to scratch my head and open my mouth, "Mr. Lu, I'm just afraid that the old hen will have sores and be sick in the hair." This is the conclusion I came to after discussing it with my father, and it is not small, I am afraid you and I will not be able to bear it. ”

Talking about what the two of them experienced today from beginning to end, when talking about the administrator being shot on the street, He Ruoxi was even more frightened and shrunk into Lu Zuixian's arms.

After listening quietly, Lu Zuixian said slowly, "Then according to your thoughts, this Oriental is going to be a monster and a bad spirit."

Qian Dingzhang heard the word monster spirit, he didn't know what his brain thought, and his thoughts instantly slipped from the stock to the scene of singing "White Tiger Ridge and Demon" with He Ruoxi in Shengze, speaking of which, if the goblins want to be like He Ruoxi, this world is actually quite beautiful.

He Ruoxi just got out of Lu Zuixian's arms, and caught a glimpse of Qian Dingzhang looking at him with an ambiguous smile on the corner of his mouth, and he didn't understand what was going on at first, so he chewed on the conversation just now. Immediately, his face was full of Feixia and he snorted and scolded, "You are a goblin, a goblin, a goblin, a goblin, a goblin... The two words were repeated back and forth many times, and it didn't sound like anger to others, but a feeling of girlish anger.

At this moment, Qian Dingzhang didn't know what to say, Lu Zuixian and Qian Xunzhi were both smiling and watching, He Ruoxi felt that something was wrong, and when she saw Lu Zuixian's eyes that seemed to be smiling, she suddenly stomped her foot and plunged into her arms to sprinkle coquettishness.