Chapter 279: Financial Turmoil (1)
In this rubber stock speculation, Xiao Zhenlei made a total of more than 50 million taels in the London market and the Shanghai market, which is real money, there is no water at all, he invested only 3 million taels in the early stage, and invested another 2 million pounds in the London market, and the total investment amount was converted into about 15 million taels of silver, and he earned more than 51 million taels, and the net profit margin was between 300% and 400%, but whether it was the Shanghai market or the London market, the stock price increased more than 10 times. Take Grand Ridge Company as an example, the stock price of Xiao Zhenlei was 122 taels when he first entered, and the highest stock price reached 1670 taels in June this year, an increase of more than ten times? Take the Sini King rubber stock as an example, Xiao Zhenlei was initially bought at 88.5 taels, at the end of May this year and early June the stock price reached 1400 taels, an increase of nearly 16 times, this is only the more famous two rubber company stocks, other rubber stocks without any temper rose more terrifying, in the case of such a large increase in stock price, Xiao Zhenlei still only earned 3 to 4 times, the reason for this is short-term investment, there are not so many stocks to buy in the early stage, there is no price in the market, the stock price is naturally higher, the purchase price is high, the analysis can be seen, this is mainly not so many stock resources in the early stage, money can not buy stocks, which has prompted many leather bag rubber companies that sell dog meat on sheep's heads to rise up.
After Xiao Zhenlei received the US government's policy of restricting rubber consumption, he did not inform the bosses of the Shanghai money and ticket industry of the imminent collapse of rubber stock prices, nor did he inform the business tycoons in Shanghai in May and June. The people in Shanghai are crazy and want to make money in the stock market. No one would think that rubber stocks would fall sharply, and in this case, to tell others that the stock price is about to fall sharply will definitely be scolded. Xiao Zhenlei will not be bored with himself.
Before the storm came, Xiao Zhenlei instructed Chen Huizu to convert all the banker notes and silver bills issued by the various money banks in his hand into real gold and silver or strong pounds and US dollars, and hoard all the money in Zhenhua Commercial Bank, because he knew very well that when the rubber stock trend came, all the money banks and ticket numbers on the beach in Shanghai would go bankrupt one after another, and the banker and silver bills they issued would become waste paper, and the only thing that could preserve their value was gold and silver.
When the news of the sharp drop in the rubber stock market in the London market reached the Shanghai market, the rubber stock market of Shanghai rubber stock market leaked all the way. In the previous frenzied hype. Shanghai's capital has been frozen almost completely, and it has become difficult for other industries to obtain funds, and the largest financial center in the Far East has run out of money.
The original value of 1675 taels of Langezhi stock fell to 105 taels. The foreigners and foreign banks were the first to take the lead, and the Chinese businessmen who hoarded a large number of stocks became the buyers. Chen Yiqing, the owner of Zhengyuan Qianzhuang, lost more than 300 taels, Dai Jiabao, the owner of Zhaokang Qianzhuang, lost more than 280 taels, and Lu Dasheng, the owner of Qianyu Qianzhuang, lost more than 220 taels.
The news spread that the owners of the various banks in Shanghai had made huge losses in speculating in rubber stocks, and the citizens of the Chinese and concession sectors on the Shanghai beach went to the banks one after another to run on the money after receiving the news, and the market fell into a situation of extreme panic.
The bosses of various banks had to borrow from their peers. However, most of Shanghai's capital has been melted into the rubber stock market before this, and not only have the banks been empty, but other industries have no money to borrow.
On July 16, the entrance of Zhengyuan Qianzhuang was blocked by countless citizens. These citizens all came to the bank to withdraw their deposits, but due to the large number of people, and the owner of the bank, Chen Yiqing, told the staff of the bank to delay the withdrawal as much as possible. As a result, more and more citizens came to the run.
In the evening, at Chen Yiqing's house. Chen Yiqing, Dai Jiabao, Lu Dasheng, Yan Yibin, Liu Ansheng, Li Jingchu and other bosses of the money and ticket business on the beach all gathered together to urgently discuss countermeasures.
Chen Yiqing was so anxious that he walked around in the middle of the living room, he clapped his hands sweatily and said hurriedly: "Everyone." How is this good, this week, my Zhengyuan bank has been crowded, I have asked the accounts to delay the withdrawal speed as much as possible, if not, my Zhengyuan bank has already been run out of empty, and if it goes on like this, my side will not last long! ”
Dai Jiabao also said with a bitter face: "My Zhaokang Qianzhuang is similar, it has not been closed from morning to night, and the big threshold has been stepped on several times, by the way, Lord Li, Boss Yan, your source of abundance and righteousness and goodness are sufficient, can you adjust some positions from you, of course I understand the rules, I will add an extra percentage to the interest, what do you think?" ”
When the other money owners heard this, they all said: "Yes, two adults, help, transfer some funds from Yuanfengrun and Yishanyuan to save the emergency!" “
Li Jingchu shook his head when he heard this: "Everyone, it's not that I don't help you, it's not just that you lost money when you bought stocks, I also lost a lot of money, my family business is bigger than yours, but this time I bought no less stocks than you, I lost more than you!" Although I still have a little money in my righteous and good source, it is not much, and the money is from the Taoist store, and this money must not be used! ”
Yan Yibin, the boss of the Yuanfengrun ticket number, also said: "Yes, the silver in our silver treasury is also the official silver of the government, and this money must not be moved, otherwise there will be a disaster of death, everyone, I am really sorry, we are really powerless!" ”
At this time, Li Jingchu said: "Everyone, I thought that there is a place where you can borrow money, it depends on whether you are willing to go!" ”
Chen Yiqing and the others hurriedly asked, "Master Li, where can I borrow money?" ”
Li Jingchu said: "Zhenhua Commercial Bank! ”
Lu Dasheng was puzzled: "How can Zhenhua Commercial Bank still have money? Didn't they participate in the purchase of rubber stocks? Besides, even if Zhenhua Commercial Bank is not involved, it is only a bank that has been open for less than a year, how much money can it lend? ”
At this time, Li Jingchu threw out an astonishing news: "A month ago, Chen Huizu, the general manager of Zhenhua Commercial Bank, took away five million taels of silver from our Yishanyuan with a large amount of banknotes!" ”
Chen Yiqing also patted his thigh at this time and said: "I remember, a month ago, he also withdrew 1.5 million taels of silver from my Zhengyuan bank!" ”
"That's right, why did I almost forget, he also took away a million taels of silver with the silver ticket of my Zhaokang Bank!"
After Chen Yiqing and Dai Jiabao suddenly talked about it, the bosses of other money banks and ticket numbers also remembered, about a month of money, Chen Huizu, the boss of Zhenhua Commercial Bank, took the silver tickets of each bank and the bank tickets of each ticket number respectively from these money banks and ticket numbers to withdraw a lot of cash, and everyone added the amount of cash that was withdrawn from each family, and found that the amount was as high as 15 million taels!
"So, I said that Zhenhua Commercial Bank is definitely rich!" Li Jingchu finally made a summary.
Yan Yibin said at this time: "I remember that the boss of Zhenhua Commercial Bank seems to be Xiao Zhenlei, right? ”
When everyone heard this, they were all at the same time for a while, isn't the boss of Zhenhua Commercial Bank Xiao Zhenlei! I think they could sue Xiao Zhenlei to court together and force him to pay back the money, but people estimate that they haven't swallowed that bad breath until now, and now they are looking for him to borrow money? Isn't that a slap in the face?
Everyone was silent for a long time, Chen Yiqing's face was blue and white, he gritted his teeth and said: "As long as Xiao Zhenlei can borrow money and pay it back to me, so that I can get through this difficulty and keep the money village from going bankrupt, just let me kneel down for him, I Chen don't want this old face, go and borrow money from him now!" ”
Dai Jiabao said: "Yes, I will go too, he has fifteen million taels in his bank, which is enough for all of our money banks to tide over the difficulties!" ”
"Yes, count me in, I'll go too!"
Everyone then got up one after another and rode together in a carriage or car towards Xiao Zhenlei's Xiao Mansion in the concession.
At this time, Xiao Zhenlei happened to deal with the aftermath of the rubber stock market crash in Shanghai, and also played with Wang Yanan and Cheng Baguio for a few days.
At ten o'clock in the evening, Xiao Zhenlei returned to the Xiao Mansion after sending Wang Yanan and Cheng Baguio home, and after taking a bath, he wore a white sweatshirt in the study to review some documents of the Iron and Blood National Salvation Society and Zhenhua Company, at this time the dog knocked on the door and walked in: "Sir, Chen Yiqing of Zhengyuan Village, Dai Jiabao of Zhaokang Village, Lu Dasheng of Qianyu Bank and other bosses of Shanghai Tang's money banks ask to meet!" ”
"What are they doing here? Oh, got it! Xiao Zhenlei muttered, and immediately thought of what these people were doing, they must have come to borrow money, otherwise these people would not have come to Xiao Mansion to find him so late, and after thinking about it, he said to the dog: "You invite them to sit in the living room, let Mother Wu serve them tea, and I will come later!" ”
"Yes, sir!"
After about a quarter of an hour, Xiao Zhenlei came down from upstairs, and the bosses of Zhongqian Village, who were sitting in the living room drinking tea, hurriedly got up and said one by one: "Boss Xiao, I'm really sorry to disturb me so late!" ”
Xiao Zhenlei waved his hand and smiled: "It's okay, it's okay, please take a seat, by the way, it's so late, what are you doing here?" ”
As soon as he sat down and took a sip of tea, Xiao Zhenlei listened to Chen Yiqing say: "Boss Xiao, we were wrong before, and we shouldn't have forced you to repay, but at that time, we were also forced by those officials to have no choice, so I also ask Boss Xiao to forgive us, today we came here to borrow a little bit from Boss Xiao to survive the run on the citizens, you can rest assured, when the tide is over, we will do our best to return the money to you!" ”
Xiao Zhenlei knows too well the details of these people, these money banks are basically only an empty shell, and even the money of those depositors has been lost, even if they help them get through this time, it is absolutely impossible for them to repay the money in a short time, each money bank has a deficit of at least two million taels or more, and this hole is definitely not something that can be filled in one or two years.
Xiao Zhenlei shook his head and said, "Everyone, it's not that I don't help you, in fact, I don't have any money, how can I help you?" Please go back and think of something else! There is really nothing you can do about it, come on, send off guests! (To be continued......)