Chapter 161: Stock Trading (2nd Update)
When Kelvin arrived at the Temporary Exchange, it was still dark.
At this time, there were already many people queuing in front of the exchange. Kelvin squeezed forward, as close to the door as he could.
More and more people came, and the queue formed a long line. Quite a few police officers came to maintain order.
Kelvin put his hand in his arms, feeling the thick bill in his arms, and he took a deep breath.
He knew that the stock issued by Jumian Company was earned when he bought it. But with so many people on the scene, he really can't guarantee that he will be able to win it.
"It's not very demanding, I hope to grab 1,000 shares......
At ten o'clock in the morning, the exchange opened.
A large number of police officers have already stood outside the door, otherwise it is estimated that this surging crowd can crush the temporary exchange, and they also found out that there are so many rich people in the city.
"Line up and go slowly!"
There were police officers shouting loudly.
The temporary exchange was originally a factory, and the environment, design, or something may be poor, but it is large. After the crowd poured into the exchange, it was not too crowded.
Seeing a row of places that resembled bank counters, Kelvin didn't even think about it and quickly trotted over.
"Hello, I want to buy stocks!"
Kelvin said hurriedly.
"Okay, please open an account first. Then how many shares are you going to buy? Currently, the minimum trading volume is 100 shares, 5 joint coins per share, and the first transaction is limited to 1,000 shares per person. In addition, there is a 1% handling fee for the purchase and sale of stocks, and an additional 0.5% stamp duty for the sale of shares......
The staff spoke quickly and clearly.
Opening an account is simple, first provide identity information, and then get a Bauhinia Bank stock exclusive account, in which you can store money. Just like a regular bank account, there is a regular custodian fee.
"It's a limited edition...... I open an account, I want 1,000 shares!"
Kelvin was surprised, but he didn't have time to think about anything else, so he hurried to buy the cap.
"Yes sir."
The staff helped him open the account, and Kelvin directly deposited 20,000 yuan into it. Because it is the first time, the exchange will help you deposit money for the time being, and you can open an account here in the future, but you have to go to the bank to handle the deposit yourself.
"Stocks are risky, investment needs to be cautious, are you sure to buy 1,000 shares?"
The staff reconfirmed. It's also the first time, so they should be reminded that they won't have time to talk this kind of nonsense when they're busy in the future.
"Sure!"
Soon, the staff handed Kelvin a ticket.
It is printed with various anti-counterfeiting logos, official seals and other information, and there is a "1000" word, which means that this is 1000 shares.
"The deal is complete, and if you want to sell your shares, you can come here again."
"Okay, thank you!"
Kelvin carefully took the ticket and left the counter, and the people in the queue behind him hurriedly stepped forward.
"I want to buy stocks!"
"Yes sir......
The hall was large and had quite a few seats, so Kelvin found a random chair to sit on, and there was a sign next to it that read the various rules of stock trading.
About ten minutes later, some exclamations suddenly rang out in the hall.
"What? The stock is now out of stock! I haven't bought it yet!"
"I'm sorry sir, but the first batch of shares released by Jumian Company is only 50,000 shares, and it has now been sold out. You can wait until Jumian releases the next batch of shares before buying, or you can buy shares from someone else."
The staff patiently explained.
"I**"
This popular scolding was because the stock was sold out just when he was in line.
Kelvin suddenly thought to him, yes! Although he can only buy 1,000 shares in the first transaction, he can buy shares in other people's hands!
So, Kelvin hurriedly went to one of the counters, and then asked:
"I'm going to buy someone else's stock!"
"Okay, what's the price?" The minimum is measured in points. How many shares do you want to buy?"
Puran thought for a moment, gritted his teeth and directly added two yuan.
"Seven! Buy 2,000 shares!"
He had a total of 20,000 yuan today, and he bought 2,000 shares at a price of 7 yuan, and he used almost all of the money.
"Yes sir......
There was a lot of commotion at the scene, and everyone didn't understand the rules specifically. On the largest sign in the trading hall, the staff put a number on it.
[Jumian Textile: The latest price is 7.00 yuan, up and down +40%]
The sign instantly attracted the attention of most people.
The staff reminded:
"Someone entrusts us with buying a stock of Giant Cotton Textiles, and if someone is willing to sell it, they can get the money immediately. Quantities are limited, on a first-come, first-served basis."
I bought it for only five dollars just now, and it's seven dollars in the blink of an eye?
Although everyone knows that the stock price of Jumian Textile will definitely rise, this is too fast! When rating agencies evaluate stock prices, they update them once a day at most...... Is this updated in real time?
Some people have the attitude of giving it a try and sell some shares on the trading desk. The stock may continue to rise if they are in their hands, but they are curious to see what is going on with the sale.
Soon, the deal was done.
Looking at the balance just printed on the passbook, someone subconsciously exclaimed:
"That's it...... Got money? I just bought a stock for 5,000 yuan, and now I sell it for 7,000 yuan, and I make 2,000 yuan in the blink of an eye?"
Everyone was in a daze.
Is it so easy to make money?
Originally, many people didn't plan to sell stocks, they all wanted to keep the stocks and wait for the dividends of the giant cotton company.
But now that I look at it, I'm still waiting for a hammer to pay dividends!
The stock is sold and earns 40% directly, and the dividends are so fast and so much?
It was as if the number of purchases this person was limited for? Then sell! First come, first served!
Then, a bunch of people rushed over to sell the stock.
Kelvin bought 2,000 shares, which was just the stock in the hands of two people, and it was sold out in the blink of an eye.
"Sir, no one is asking for it for the time being. You can sell it here at this price, or you can sell it at a reduced price."
"Huh? No one buys it? Shall I lower it a little bit...... It's only 6 pieces of 5!"
"Yes sir."
After the price reduction was confirmed, the number on the hall sign changed again.
[Jumian Textile: The latest price is 6.50 yuan, up or down -0.7%]
"What's the situation? The price has been reduced?"
Some people don't know why, but they are subconsciously a little panicked.
"I don't think this stock is very reliable...... I'm selling!"
As a result, quite a few people went to sell stocks.
At this time, everyone else also reacted, unreliable? Jumian company is not reliable, so what other company is reliable?
If you dare to sell, we will dare to buy!
Then, as soon as this part of the stock was sold, the stock price instantly rose to 7.2.
"I**!"
These people who just sold their stocks are stupid.
Kelvin held his 3,000 shares, and the old god watched the hall as these people were buying or selling, noisy and busy.
"Heh, I don't have any concentration at all, and I still buy stocks?"
Kelvin had slowly figured out a little bit of the doorway.
The temporary exchange opens at 10 a.m. and closes at 4 p.m. without a break.
By four o'clock in the afternoon, Kelvin walked out of the exchange grinning.
As of four o'clock, the stock of Jumian Textile has been speculated to @5 joint coins!
He was right that he didn't sell the stock in his hand!