Go back to 1990 to start a business

May 5st is a great day.

Wei Wenyuan, general manager of the Shanghai Stock Exchange, announced: The stock price will be relaxed.

Previously, the price limit system had been implemented.

Liu Changsheng was extremely excited, the long-awaited moment had finally arrived.

The Shanghai Composite Index opened directly higher from 616 points yesterday to 1260 points. There are many stocks that doubled at the opening. Just overnight, the value of Yifu Investment's stock holdings doubled.

This is another doubling on the basis of a year of consecutive gains.

Different from other people's excitement, Liu Changsheng was excited because the time to sell had arrived.

The master leads the door, and the practice is personal.

Xia Chuan just explained to him the principles of speculation, and he figured out the true meaning of the stock market.

When everyone buys together, who will take the profit?

This is an increase in consumption.

All the bull energy was consumed at once.

At this time, few people in the institutions understood it. They were all numbed by the continuous rise for a year. They thought that China could be special and different from the stock markets of other countries because the market was too small and the difference in buying and selling power was too great.

Even most people don't know that stocks can fall.

Otherwise, there would not have been a sustained rise on the second and third days, hitting a record high of 1429 points, and Yuyuan Mall's stock price rose to 10009 yuan.That's right, it's 1 yuan, unprecedented.

Until this time, there was only one trading place in SIPG, which was the SIPG Exchange.

Stock investors crowd this place every day.

General Manager Wei Wenyuan suddenly had the idea to rent a cultural square as big as half a football field as a temporary trading place.

The Cultural Plaza is an open-air greenhouse with stock investors sitting on the ground. The square broadcasts stock quotes every five minutes. After the order is accepted by the commission point, it is immediately transmitted to the Shanghai Stock Exchange for processing via phone.

It was such a trading shed, but its vitality was surprisingly strong. Investors were able to survive rain or shine, and it was not closed until 94.

After setting up the cultural square, Mr. Wei invented the "big family room" system. Those with money can pay a sum of money to enter some closed "big family rooms" with dedicated telephone lines where they can sit, sleep and drink tea. The stock quotes here are reported in real time, and transactions have priority. It is certainly much better than the Cultural Plaza, which only reports quotes every few minutes.

From the beginning, investors have been institutionally divided into retail investors and large investors, making it a playground where the rich get richer and the poor get poorer.

Liu Changsheng, however, cleared all his stocks within three days. He knew that this was the big top.

If the stock does not fall, no one will sell it. The more it falls, the more it sells. The more the stock sells, the more concentrated it becomes. Only when it is concentrated to a certain extent can it turn over and rise.

Ebb and flow, no one can change it.

Therefore, Liu Changsheng not only sold the stocks, but also cleared all the subscription warrants.

Xia Chuan had long told him that when the popularity was high, he must sell because he had too much capital and it was not easy to find enough takeovers.

The subscription certificates exceeded Xia Chuan's expectations and soared to 7000 yuan on the first day after the daily limit was lifted.

Subscription certificates are either traded on the exchange or on the street.

A trading place agreed upon by everyone can be called over-the-counter trading.

At this time, everyone was going crazy. People who couldn't buy stocks (who couldn't wait in line to open an account) came to buy subscription warrants. Not only did they come from SIPG, but funds from all over the country gathered here.

Liu Changsheng's approach was very efficient. He did not go to the streets to sell subscription certificates. Instead, he asked his men to promote Yifu Investment and sell subscription certificates in street markets, and only made large transactions.

Yifu Investment is a well-established giant in the country, and it buys from other companies, which makes foreign funds more trustworthy.

As a result, within three days, all subscription certificates were cleared.

The bank's deposit car is stationed at the company, and people are sent to count money and collect payments, and the subscription certificates are distributed there.

In three days, 65 billion funds were withdrawn.

Including stock accounts, it exceeds 70 billion.

Liu Changsheng has simply become a superstar, making countless people envious and jealous in both the financial and corporate circles.

He felt the danger deeply, like sitting on a golden mountain without enough defensive fortress, and surrounded by people who might lose their minds at any time.

He decisively called Jiang Yuhua and asked her to redeem 2000 million shares. The valuation was calculated at 80 billion (plus Yifu Real Estate’s valuation of [-] billion). The injection into Yikon Technology must flow into the real industry to support the development of the Internet or technology.

Yikon holds 4000 million shares and redeems 2000 million, for a total of 16 billion.

Jiang Yuhua invested all his money in Yikang Technology, and the registered capital increased to 19 billion.

Then, with the cooperation of Boss Li, he promoted the development plan and future vision of Yikon Technology in a high-profile manner.

Following Yikang's demonstration, Li Wenzhao was the first to resist and redeemed 500 million shares. The original investment of 500 million has now become [-] million, and he is also preparing to make some industrial investments.

Wang Xiaoshi and Jiang Xiaoming also understood that billionaires are too attractive, especially when someone behind them gave orders, so they each redeemed 1000 million, [-] million each, so they would have more places to invest.

This leaves 37 billion gone.

Excluding Liu Changsheng's management fees, there are still more than 30 billion in the book capital.

A behemoth, rapidly slimming down, the impact is indeed much smaller. The big guys who are staring at Xia Chuan have nothing to say. They really invested their money in the Internet. On that thousand acres of land, they have built more than just one factory. All plans have been released, and they all appear to be various office buildings, with only one being an employee residential building.

A huge Internet company is under construction in full swing.

follow closely--

On May 5, SIPG Metal Futures Exchange opened.

The exchange is located in East Hall 1200, Materials Center Building, Zhongshan North Road, with 68 member seats in the [-] square meter trading hall.

The listed and traded varieties include copper, aluminum, lead, zinc, tin, nickel and other non-ferrous metals and pig iron.

The exchange implements a membership system. The first 43 members participating in the metal exchange include various enterprises in production, materials, circulation, foreign trade and finance. They are currently the most powerful and influential enterprises in the country.

In addition to continuous spot trading all year round, the exchange focuses on developing the futures market.

The exchange allows contract trading, allows profits and losses of enterprises to be offset against profits, and member units can collect commissions when acting as agents. The transactions of entrusted trading companies in the exchange are not restricted by the existing business scope.

Liu Changsheng invested money in copper futures without hesitation.

He became the absolute main force as soon as he entered the market. Everyone knew that he had 30 billion in funds. What's even more terrible is that he has super financing capabilities and there is a Far East Bank behind him.

Whoever wants to compete with him will be able to blow up anyone's position.

But wealth can be obtained through danger, and there are always those who do not believe in evil. If there is some connection and background, greed will be uncontrollable.

Liu Changsheng never believed that there was no opponent. After he noticed it, he just carefully checked all the information about his opponent, then smiled slightly and called Xuemei Jiang: "I need a dinosaur egg."

"You can't do it yourself?" Jiang Yuhua cursed angrily.

Liu Changsheng said with a smile: "I will lay an egg at most, because I am afraid that the general manager of the exchange will not be satisfied."