Tang Yiqiu's words reminded Gu Yu that 1998 was known as the "first year of funds" in the history of securities in the mainland.

This year, the mainland ushered in the first batch of public fund management companies and the first batch of public fund products.

This year, six fund companies, including Cathay Pacific, Southern and Huaxia, have been established one after another; The first two closed-end funds in the mainland are also securities investment funds in the true sense of the word, namely Jintai and Kaiyuan. By the end of 1999, after the establishment of four other fund companies, including Wells Fargo, the mainland's fund industry expanded to the "old ten......

It was at the beginning of this year that Tang Yiqiu's Golden Leaf Trust established a new capital operation platform in Shencheng - Shanghai Jinbang Investment Company, and at the same time initiated the establishment of Red Leaf Fund Management Company together with other institutional investors

Subsequently, Red Leaf Fund began to take charge of 5 contractual closed-end funds. It is with the help of these resources that the Golden Leaf Trust operates fiercely, and the stocks they hold have risen considerably, and they have also begun to be branded as "the first fierce village in Jiangnan" by the rivers and lakes......

"Sister, how long are you going to Shanghai?" After hearing this, Gu Yu couldn't help but feel a little reluctant. After getting along for a year, he and Tang Yiqiu developed a subtle and deep relationship.

Tang Yiqiu smiled: "Who knows?" In the beginning, I will take care of both sides first, and I will come back to Minghai often, after all, our company headquarters is here. ”

"Sister, don't work in the Golden Leaf Trust for too long. When the time is right, you come out and start your own business and go it alone! Gu Yu blurted out.

"Ah, okay, why should I come out and do it on my own?" After hearing this, Tang Yiqiu felt that Gu Yu's words were a little inexplicable. At present, most of the work of the self-management department is basically in charge of her, and she has successfully controlled several stocks, and the income in the past two years is very considerable.

"Sister, no matter how well you do, you are also working for the company. And the securities industry may not be very standardized at present, I am afraid that in the future, it will involve you ......"

Gu Yu's worries are not unreasonable.

Since the beginning of this year, when these funds initiated by companies such as Golden Leaf Trust were first established, they were pinned on by all walks of life. The majority of investors hope that it will become a money-making tool and reflect the money-making effect; From a regulatory point of view, after a round of the Asian financial crisis, mutual funds will develop into professional institutional investors to help stabilize the market.

However, in the context of the current market volatility and the lack of laws and regulations to follow, the development of the fund industry was once unsatisfactory and was later questioned.

Most of the early fund practitioners came from securities companies, and many of them were more likely to accept the investment style of "sitting in the bank" to promote stock prices for value investment ideas......

In the previous life, in 2007, the East Window Incident occurred, and the capital empire created by Ge Zhenghao, the head of the Golden Leaf Trust, collapsed, and Tang Yiqiu and a group of former executives were also implicated, and were investigated and criminally punished......

Hearing Gu Yu's words, Tang Yiqiu was stunned for a moment, she didn't expect Gu Yu to say such a heavy topic, and it seemed to be beyond his age.

Indeed, she sometimes thinks that their company's trading behavior seems to be walking on the edge of the law. At the moment, the whole industry is doing this, almost an open secret.

And now it seems that no one has been punished, and there is a smell of "the law does not punish the public......

"Hehe, Gu Yu, you're too worried, sister, everything I do now is working for the company and the public, not for my own personal interests. Moreover, the bonuses we issue are also linked to performance, which are documented, based on assessment, and recognized ......by superiors and regulatory authorities."

Gu Yu thought to himself, this time and that time, thirty years in Hedong and thirty years in Hexi, everything is changing, who would have expected that the once glorious Golden Leaf Trust would collapse overnight.

"Sister, you are so capable, you should come out and do it yourself if you have the opportunity in the future. Now the state encourages individuals to come out and start a business, so that some people can get rich first, and there are many opportunities at the moment. ”

Tang Yiqiu smiled: "Hehe, thank you for recognizing me." You can consider this suggestion in the future......"

"Sister, when will I repay the 50,000 yuan you lent me with interest?"

Tang Yiqiu thought for a while and said with a smile: "Don't worry, I'll leave you there first." Even if I invest in your angels, I will ask you when I need it in the future. ”

Gu Yu thought to himself: That's okay, in case you are really criminally punished in a few years, I can still save a sum of money for you to use in the future......

After helping Tang Yiqiu wash a pot of bayberry and chatting with her for a while, Gu Yu planned to say goodbye and go home.

When Gu Yu changed his shoes, Tang Yiqiu suddenly asked, "Gu Yu, are all the Huafeng Hi-Tech shares you hold still there?" ”

"Well, here, it's all in the warehouse......"

Entering June, the share price of Huafeng Hi-Tech after the ex-rights has slowly risen from 21.08 yuan in April to about 32 yuan at present.

Gu Yu continued to hold 17,600 shares in a full position, with a market value of 563,000 yuan. At present, the price of new real estate in Minghai City is at the level of 1,500 to 2,000 yuan, and Gu Yu's stock market value can already buy three or four new houses.

In April, the price of Huafeng Hi-Tech before the ex-rights was 42 yuan. At present, market investors believe that Huafeng Hi-Tech may come out of a beautiful "fill in the right" market, and the stock price will return to 40 yuan, which is not too big a problem, but only a matter of time......

After thinking for a while, Tang Yiqiu said to Gu Yu: "Recently, the stock market on Wall Street has been turbulent, the yen exchange rate has continued to fall, the ruble has depreciated seriously, and the Russian stock market and foreign exchange market have fallen sharply...... The financial markets of our neighboring countries and regions are very volatile......"

"Either find a time to come out before July 1st recently, the stock market in the second half of this year may be more bearish, you should mainly hold cash. You can take out this money to improve the lives of your grandfather and grandma......"

"Oh, okay, sister, I see."

Gu Yu also wanted to take advantage of the summer vacation to have a stock short-term, but after Tang Yiqiu said this, he had no direction.

As far as he can remember, the mainland stock market in 1998 may have been a relatively quiet year in history......

On the morning of Monday, June 29, after the stock market opened, Huafeng Hi-Tech's share price rose to 32.99 yuan, and then began to fall slowly.

Gu Yu threw out all his 17,600 shares of Huafeng Hi-Tech at the position of 32.47 yuan and got 571,000 yuan in cash.

If Tang Yiqiu's 50,000 yuan loan is removed, Gu Yu will make a profit of more than 560,000 yuan in the stock market in one year.

Gu Yu sighed secretly: This is really an amazing profit!

At present, in coastal open cities like Minghai, the average monthly salary plus bonus income of ordinary people is about 1,000 yuan. It's only 12,000 yuan a year.

The 560,000 yuan that I made from the stock market is the total income of ordinary people for 47 years in a lifetime!

After selling the stock, Gu Yu began to consider buying a new house for his grandparents to improve their current living conditions.

After a day of strolling around Hutong Street on his bicycle, he took a fancy to a new development called "Xihe Home".

Located near the intersection of Xihe Street and Xiaozi Street, the Xihe Homestead community is developed by a well-known local state-owned real estate company.

He is interested in a 72-square-meter three-bedroom and one-living room suite, and the price of the east suite on the third floor is only 1,680 yuan.

Gu Yu calculated that the total price was only 121,000 yuan, which was very cost-effective!

Because Gu Yu looked like a student completely, Gu Yu went around the sales office a few times and no one paid attention to him.

He angrily shouted to the front desk: "Do you have a salesman in charge of sales who can receive me?" ”