The land in Jiangdong was taken down quickly, but the land south of Zhongshan Road has not yet been reached, and it is only a preliminary negotiation now, because the current existence of farmland and local villages requires some resettlement work from the local government, and the real arrival will be next summer at the earliest.

In addition, it is the matter of the alley where Song Yuanchao originally lived, so Song Yuanchao has negotiated with the district through relations and proposed a plan for the transformation of this area.

After all, this is the city center, many people have lived here for two or even three generations, and it is psychologically difficult to accept it from the perspective of leaving the original place of residence, and it is also difficult for some people to accept it when they move from the city to the southwest of the eighth district, or the area to the south of the periphery of Zhongshan Road.

However, Song Yuanchao wanted to renovate this area many years ago, not to mention that his investment in this project did not consider too many commercial interests, on the contrary, Song Yuanchao wanted to renovate the old buildings on the old alley to retain the original appearance, and at the same time solve the dirty and messy environment here through the means of transformation, so as to build a unique old Huhai style community.

To put it bluntly, this is somewhat similar to the Xintiandi model of later generations, but it is mainly residential rather than commercial.

In addition, for those old neighbors, Song Yuanchao did not want to take this opportunity to drive them all away, but hoped that most of the neighbors could continue to stay in the same place and live as before.

Of course, on the basis of transformation, it is impossible to meet the needs of everyone, even if Song Yuanchao hopes that some old neighbors will stay, but there are conditions.

For example, the Shiku gatehouse that will be renovated in the future will be restored to the original pattern of one building and one household, and now there are several families living here, which is naturally impossible to satisfy.

Those who are willing to stay can spend a sum of money to make up the difference in the renovation price, so as to obtain the property rights of the entire building. And if they can't pay this money, Song Chaoyuan will not treat them badly, and they can move to the new real estate in the future and get a new house with a much larger housing area than the original housing area, so as to improve their living conditions.

This plan was determined by Song Yuanchao after comprehensive consideration, to be honest, taking this plan in the lane renovation project not only does not make money, but also has a certain loss, the loss part will be made up by the excess commercial housing in the new community for commercial operations, on the whole, the two projects are carried out at the same time, and the final profit is not much.

But Song Yuanchao thinks it's worth it, not to mention that the real estate in Huhai has just begun, the price of the house is not expensive, the cost of land acquisition and construction are very low, and it is not at all comparable to the high cost of demolition and relocation decades later.

From this point of view, even if the project is not profitable at present, in the long run, Song Yuanchao is still profitable, and it is extremely profitable. Song Yuanchao is not a female businessman, let alone the old neighbors as exploitation objects, his plan is really very generous, even to the extent that the comrades of local coordination do not understand, but Song Yuanchao did not explain much, and directly let the people of the newly established Huhai Real Estate Company deal with it according to his requirements, as for the rest of the matter, he didn't say anything.

On November 26, the Shanghai Stock Exchange was officially established, and in the second month, that is, on December 19, the Shanghai Stock Exchange began trading, marking the reopening of the domestic stock market after the reform and opening up.

Slightly later than the establishment of the Shanghai Stock Exchange, there is also the Pengcheng Stock Exchange, the Pengcheng Stock Exchange was established on December 1, this event can be said to be a major event after the reform and opening up.

Decades have passed, and those old people who know and understand the stock market in China have long entered their old age, and most ordinary people do not understand what stock trading is, let alone what stocks are.

On the first day of trading on the exchange, there were a total of eight stocks listed, and these eight stocks were later known as the "Old Eight Shares".

The day was Wednesday, the stock opened in the morning, the opening index of the first trading day was 96.05 points, and the afternoon closed at a maximum of 99.98 points, and the turnover of the whole day was 495,000 yuan.

On this day, Song Chaoyuan went to a securities company and opened an account there, as a participant in history, Song Chaoyuan witnessed the opening of the Shanghai stock market

industry and bidding, and with great interest directly involved in a handful.

Since this is the resumption of the opening of the domestic stock market, many jobs are in the process of exploring even the people of the securities company, everything is very simple, and most of the bidding and transactions are communicated by hand and telephone, and then the bidding is directly written on the blackboard for public.

This mode of operation is somewhat similar to the early stock market of some TV dramas in Xiangjiang, such as the famous TV series "The Great Era" in Xiangjiang, where traders in vests hold their phones over their shoulders, quickly fill out orders and shout to bid for stocks with other table traders, and the whole scene is almost as lively as an auction house.

In this case, Song Yuanchao is also the first time to see, in the previous life Song Yuanchao also played stocks, but this is the time of 1992, after New Year's Day in 1992, the country issued the first batch of stock subscription warrants, the price of a subscription warrant is 30 yuan, this price is not low, and according to the rules of the subscription warrant, once there is no lot, the 30 yuan is equivalent to a waste.

You must know that in 1992, Song Chaoyuan's salary was only 120 yuan, and the bonus was about 150 yuan.

30 yuan a subscription warrant, Song Yuanchao can only buy five without eating or drinking for a month, at that time, Song Yuanchao happened to pass by the bank to withdraw money after work, and saw a young aunt crying at the door of the bank and wiping her tears, and a large group of people watched.

When I asked, it turned out that this aunt came to the bank to deposit money two days ago, and I don't know if it was because the comrades in the bank didn't make it clear to her, or because there was a task in selling subscription warrants, so the aunt bought 20 subscription warrants with the 600 yuan that was originally going to be deposited in the bank.

A few days after returning home, when the children went to visit the aunt on the day off, they found out about it, and after learning about it, they complained about the aunt and told her what was going on with the warrant. Seeing that her money had become a pile of "waste paper", she couldn't help but sit at the bank and cry and scold.

Song Yuanchao listened to what happened to the aunt, and was very dissatisfied with the staff of the bank, and immediately helped the aunt negotiate with the other party, but the bank not only returned the money to the aunt, but also said some weird things about yin and yang, so angry that Song Yuanchao's lungs were about to explode.

Especially a staff member of the bank said coldly that since Song Yuanchao was so kind, why didn't he help his aunt himself? Anyway, it is absolutely impossible to refund the subscription warrant sold by their bank, if Song Yuanchao really wants to help, he directly buys the subscription warrant of the aunt, so wouldn't it be the best of both worlds?

Besides, this subscription warrant is issued by the state, who said that it will be lost? Maybe you can make money by buying it. Song Yuanchao bought it, he did good things and made money, why not?

These words of the crowd of onlookers all said that it was nonsense, there is such a good thing, why don't you all buy it yourself? Do you have to fool my aunt to buy it? Talking about this now is purely to stand and talk without backache, and to fool the kindness of other young people.

Song Yuanchao was also very angry, but looking at his aunt's white-haired, helpless and haggard appearance, Song Chaoyuan suddenly thought of his deceased parents.

At that time, Song Chaoyuan had just divorced, he lived alone, the whole family was not hungry, and he usually had no expenses, but he was so instigated by the bank, Song Yuanchao took out the passbook and withdrew the money on the spot as soon as his mind was hot, and bought the twenty subscription warrants from his aunt.

The aunt took the money and thanked Song Yuanchao for her kindness, but the bank staff looked at Song Yuanchao like a fool, and most of the onlookers felt that Song Yuanchao, a young man, was too impulsive, and it was right to help others, but he couldn't put himself in! 600 yuan, this is half a year's salary for ordinary people, and it's a pity to spend it like this.

After doing this, Song Yuanchao didn't take it to heart, and when he got home, he threw these subscription warrants in the drawer, and almost forgot about it after a long time.

Two months later, on March 2, the subscription warrant began to be drawn, and the winning rate of the first lottery was 10.3%.

I went to the stock exchange to inquire about the purchase of shares.

Who thought of the stock exchange, Song Yuanchao knew that the subscription warrant that no one cared about more than two months ago actually became a fragrant bun, because the purchase rate of the subscription warrant was too low, and later announced that the proportion of lottery winning was adjusted, and it was not a lottery to finish, but it could be shaken four times, and the winning rate gradually increased.

Now, a subscription warrant that has been won has risen from the initial 30 yuan to more than 3,000 yuan, and some people are even willing to pay 4,000 yuan to buy it. If anyone has a serial subscription warrant, the price can still be negotiated, and the maximum can reach nearly 5,000 yuan.

Hearing this news, Song Yuanchao was stunned, so if the twenty subscription warrants in his hand were calculated at a price of about 4,000 yuan, wouldn't it be a full 80,000 yuan?

This is not a small number, you must know that in 1992, how much was the housing price in the city? At a price of 80,000 yuan, you can buy a very good house in the city.

Because of this incident, Song Yuanchao became interested in stocks, and he did not immediately sell the subscription warrants in his hand, but went to the securities company to inquire about how the stocks were traded.

After understanding the situation, Song Chaoyuan took out his savings and used the winning subscription warrant to buy the original shares, and in the following months, the subscription warrants in his hand were won one after another, until the end of the last lottery on August 10, the winning rate of the subscription warrants in his hand reached 90%, except for a few sold due to lack of funds, the rest bought the original shares.

In the next two years, Song Yuanchao made a lot of money with the original shares in his hands, even though the stock market crash in 1992 happened to be at that time, but the original stocks were still profitable. Around 1993, the stock market began to gradually recover, and the value of the stocks in Song Yuanchao's hands was even higher.

At that time, Song Yuanchao still took a Motorola Chinese machine to watch the stock market every day at work, and often put a book on the operation of stocks in his bag, as for the securities newspaper or something, he bought every issue, and when the TV was turned on, he was looking for stock review programs, studying what stock market trends with relish, K-line charts and other things, and even made a book at home to record the opening and closing prices of the stocks he bought every day, and drew a trend chart to study and analyze whether these stocks opened an upward channel or were about to fall .......

During that time, Song Chaoyuan was almost like a demon, chatting with colleagues without leaving the stock, and his mouth was full of stock terms, as if he was incarnated as a stock expert. It is a pity that the good days of making money are not long, and the days of losing money are even longer, and no matter how good the theoretical research is, it is in vain.

Anyway, in a word, what you buy falls, what you sell, what you sell, you don't buy and you don't fall, and as soon as you sell, it will rise .......

Around 1996, Song Yuanchao counted back and forth, and lost almost all the money he earned by buying subscription warrants and original shares, and even pasted a lot of it inside, which made Song Yuanchao discouraged, and polished all the stocks in his hand in a fit of anger, and never touched this thing again.