Chapter 56 Speculators
Although Che Qiuling didn't understand Mu Yichen's reasoning, he knew that his fiancΓ© would never harm him, so he ran to buy a thousand yuan Jiangdong Industrial Bank as soon as the stock market opened the next day, but the best time has passed, and the stock price rebounded from yesterday's closing price of two cents and five cents to five cents, and there are still a large number of buying orders waiting to receive the goods.
Immediately afterward, the "Declaration" in the morning published a piece of news, saying that the patrol house of the French Concession had cracked a case, arrested a certain Jiangyang thief, and seized a number of stolen goods, including five gold bricks from the apartment of a certain Belarusian.
The so-called "White Russian" has been verified by well-informed sources to be the Russian colonel Andrei Vasilyevich who had served in the Jiangdong Army Mercenary Corps, that is, the former Kolchak Provisional Government officer who helped Chen Zikun obtain the gold of Tsarist Russia, and is now the owner of the St. Petersburg Club in the Russian-American expatriate settlement in the concession.
Although this news can be called chasing after the wind and shadows, and the timing is also very coincidental, but the stock market often recognizes such gossip, if Gong Jiaxiang personally comes forward to refute the rumors, then everyone will definitely not believe it, the more hearsay rumors, the more people will believe.
What makes everyone more convinced is the huge amount of takeover, indicating that someone is secretly sweeping the goods, and yesterday's suppression of the stock price is clearly a deliberate rumor, so the shareholders flocked to the bank again, and the exchange was full of calls to buy Jiangdong Industrial Bank, and the traders also made various buy gestures with their palms inward.
As everyone knows, the huge amount of buying is just a false shot, and the dealer is still quietly shipping, but this wave of hype is not too outrageous, and finally the stock price stabilized around one dollar, and it no longer fluctuated.
The stock price fluctuated violently, the shareholders were tossed to death, many people went bankrupt and lost their money, and there were also many clever people who made a small fortune, but the real big money was still made by the banker.
In the final analysis, whether the Jiangdong Industrial Bank obtained the 500 tons of Tsarist gold is not the point, the key is that the credibility of this bank is not guaranteed, some people collected thousands of yuan of Jiangdong bills, and went all the way to the Jiangdong provincial capital to exchange, and smoothly exchanged for the corresponding amount of gold, but it was not a gold brick marked with a double-headed eagle, but a large yellow croaker engraved with the words of the Jiangdong Provincial Department of Finance.
Recently, there have been wars everywhere, the provincial finances are tight, the military tickets without a deposit are issued indiscriminately, the banknotes are depreciating rapidly, and the strong Jiangdong tickets have become the target of everyone's competition, but this also brings a problem, that is, bad money drives out good money, everyone is reluctant to use it, and Jiangdong tickets on the market are becoming more and more scarce.
At this time, the banknote printing machine of the Jiangdong Industrial Bank quietly started, printing money at a limit of five times more than the reserves, and buying raw materials, machinery and equipment and other goods from other provinces.
β¦β¦
On the last day of 1927, when the stock exchange closed, the stock price of Jiangdong Industrial Bank closed at a price of 8 yuan, which was still extremely strong, and the bank had already held a general meeting of shareholders to prepare for the issuance of new shares, and initially planned to issue 20 million additional shares, which can be described as astronomical.
With a combination of fist-like operations, Jiangdong Industrial Bank started from scratch, from small to large, from unknown to famous, in only a few months, Chen Zikun and his think tank team everyone made a lot of money, and the bank made a lot of profits.
On New Year's Eve, Chen Zikun held a dinner to entertain everyone, the Fenglin Villa in the provincial capital has not yet been built, and Chairman Chen's wife and children still live in a villa on Xiafei Road in the French Concession of Shanghai, living next to Li Yaoting.
The banquet was attended by Chen Zikun's descendants, Li Yaoting, Mu Yichen, Vasilyevich, Gong Jiaxiang, Gong Zijun's uncles and nephews, and Xue Bin of the Three Guns Club with his wife and a pair of twin sons.
At the banquet, Chen Zikun asked casually: "I haven't seen Liang Maocai for a long time, what are you doing on dog days?" β
Yao Yilei immediately glanced at him, and said foul words in public, which was really unqualified.
However, Xue Bin didn't take it seriously, and said: "Dog Day fell in love with a little Japanese girl, drunk and dreaming all day long, tsk, this kid is a waste." β
Chen Zikun said: "That's not good, his family asked me to find him back, saying that he told him a daughter-in-law, and he had to go home to marry a year ago, Heifeng, you have to get him back for me." β
Xue Bin said: "No problem, it's on me, this kid should marry a daughter-in-law to take care of him." β
Then everyone turned their attention to Mu Yichen.
"I'm almost there...... Soon...... "Mu Yichen said hesitantly."
The crowd burst into laughter.
At eight o'clock, the dinner party ended, the children went to bed, the adults were still unsatisfied, Jian Bing proposed to play mahjong all night, but was despised by Chen Zikun, saying that he should do something meaningful in the New Year, when Jian Bing asked him what was meaningful, Chen Zikun raised his arms and shouted: "Go to the Bund to have fun." β
In a bar on the Bund that specializes in receiving foreigners, a group of drunk Chinese walked in, and the waiter just wanted to stop it, and a ten-yuan Jiangdong ticket was stuffed over, and the waiter immediately greeted him with a smile: "Please inside." β
This group of people was none other than Chan and his friends, and they had gone to the festive bar to have fun, which was full of sailors and saltwater girls from all over the world, and "Auldlangsyne" was playing on the gramophone, and a British naval soldier was holding the thin waist of the saltwater girl, with a badge tattooed on her thick arm, and a whiskey glass in his hand, glaring at the uninvited guests in disgust.
"Hey, you, what are you looking at, look at me with this kind of look again, be careful to knock off your eyeballs and step on them." Chen Zikun raised his middle finger at the sailor in a vicious voice, and the authentic Oxford accent was used to scold people.
The whiskey glass was smashed at that time, followed by the wine bottle, the sailors who drank too much cat urine were worried that they couldn't find a chance to vent, a brawl began, Chen Zikun, who had not shown his skills for a long time, brandished the wine bottle and rushed left and right, as if entering a no-man's land, everyone looked at each other, it turned out that the handsome man was looking for fun.
While there was a fight, the New Year's bell rang, everyone stopped fighting, picked up wine bottles and greeted each other with a happy new year, and when the bell was finished, the fight continued.
The sirens sounded, the patrol finally arrived, everyone fled in a hurry, went out to get into the car and laughed, and went back to their respective homes to sleep.
Chen Zikun sat on the speeding car, looking at the Waibaidu Bridge and the Licha Hotel on the opposite bank under the shadow of neon lights in the distance, and suddenly felt a sour feeling in his heart.
Mu Yichen's residence is not far from the Bund, and after walking home, the sound of walking upstairs woke up Che Qiuling, who was dozing off on the table, rubbing his eyes and asking, "Why did you come back so late?" β
"Went to a fight." Mu Yichen excitedly sorted out his crooked bow tie in the mirror, "It's not too early, I'll send you back." β
"I've gone to bed early at home, and I'm afraid I'll wake them up when I go back now." Che Qiuling's face flushed.
Mu Yichen looked at her blankly.
Che Qiuling's face turned even redder, and he lowered his head and pinched the corners of his clothes: "What are you looking at." β
"Qiu Ling, let's get married." Mu Yichen said in a trembling voice.
Che Qiuling lowered his head deeply, and raised it again after a while, with tears in his eyes: "Senior, I have been waiting for your words for ten years." β
That night, she didn't go back, the two slept together, Mu Yichen excitedly looked forward to a happy life in the future: "Let's buy a big villa, the kind with a garden garage, hire three maids, and raise a dog ......"
"That's a lot of money." Che Qiuling Road.
"Don't worry, we're rich right now, it's enough to buy a villa and a car." Mu Yichen said confidently.
"It's not yours, how can you make so much money?" Che Qiuling was puzzled.
"It's not the salary of the foreign bank, but the money I make on stocks, which is 300,000! Do you know how this money is earned, it's all speculative business...... "Although Mu Yichen drank wine, he was full of energy.
"Oh, tell me, what a speculation?" Che Qiuling yawned.
"In fact, Jiangdong Industrial Bank does not have much reserves at all, relying on the gimmick of Tsarist Russian gold, selling and selling short to earn a huge price difference after speculating on the stock price, and then lowering the stock price, closing the position, absorbing it at a low price, pulling it up again, and repeatedly, making money is as simple as taking it out of someone else's pocket." Mu Yichen sighed as he spoke, not knowing whether he was approving or disdainful of speculation.
"Then why are people still fooled?" Che Qiuling asked.
"Information asymmetry, besides, there are too many people who want to get rich these days, they are blinded by money, there are too many fools, there are not enough scammers, and we are not cheating, everything is a legitimate transaction......"
"Make enough money in the stock market, absorb gold, buy gold in other provinces with silver dollars, as a reserve for Jiangdong bills, in fact, the issuance of Jiangdong bills is strictly controlled, to ensure that the amount of reserves is consistent, so you can redeem gold without pressure, so everyone accepted Jiangdong bills, and is happy to exchange them at a high price to store them at home, this is the so-called bad money drives out good money, so that banks can issue more money without worrying about inflation, because banknotes are collected by everyone, It's the equivalent of us printing out pieces of paper in exchange for other people's real money......"
Mu Yichen spoke happily, but Che Qiuling let out an even breathing sound, and she fell asleep.
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Xue Bin's apprentices who launched the Three Guns Club finally found Liang Maocai in a Japanese-owned tavern in Hongkou, the stunned young bandits who used to kill the tiger's mouth have been fooling around in Shanghai for several years, and they have never returned to Nantai, and they have also broken away from the Jiangdong Army, and they are drunk and dreaming all day long.
The Japanese in Hongkou District all know that Liangsang likes Haruko Yanagi in Hongkou Dojo, and Haruko also likes this china boy, but the relationship between Japan and China is not harmonious, and Liangsang is an indisputable red deer Yelang, and this relationship is destined to become a tragedy.
At the beginning of the new year, Liang Maocai went to the Hongkou Dojo to find Haruko Yanagi, but was told that Haruko had returned to China by boat the day before yesterday, and left him a letter with a very short letter, saying that he would return to China to get married, and asked Liangsang not to wait any longer.
The lovelorn Liang Maocai was drunk in the tavern, and the Japanese shopkeeper was afraid that he would wake up drunk and crazy, so he hurriedly called the Three Guns Club, and the brothers quickly arrived and carried Liang Maocai away.
When he woke up, he was already lying on the passenger ship bound for Jiangdong, and the brother who was in charge of taking care of him said, "My hometown has prepared a daughter-in-law for you, and the handsome man will personally give you a wedding ceremony."
Liang Maocai got up from the bunk, walked to the porthole to look at the outline of the provincial city in the distance, and muttered, "It's better to be in Shanghai." β
In the provincial capital, in the bustling area near the wharf, on the second floor of the "Greater Shanghai" nightclub, a group of warblers and warblers were lying on the railing and pointing: "Look, the big steamer from Shanghai is about to enter the port." β
"Girls, go downstairs to pick up the guests." The old bustard waved his handkerchief and shouted.
The girls hurried downstairs, leaving only a half-aged in a water-green cheongsam looking out over the railing, like a sculpture.