Reborn in 1991, helping dad become the richest man

Chapter 74 Screaming and escaping safely!

"Son, if the stock price plummets tomorrow, do you think it will affect the warrant market?"

At night, lying in bed, Tang Xionghua also tossed and turned, unable to sleep.

Today's news spread very quickly and was even reported in the evening newspaper.

This may have been deliberately released above.

The purpose is to control the excessive heat of the stock market.

After all, when the authorities opened up the stock market to free trading, it was impossible that they did not make any relevant predictions.

On the contrary, such a decision with such a huge impact must have been made after careful consideration.

Perhaps they did not expect the market reaction to be so severe.

But there are certainly ways to control an overheated market.

For example, the current transaction stamp duty.

Increasing the principal of both parties to the transaction will naturally cool the situation down.

If this doesn't work, there are definitely other ways.

In short, the people above certainly hope that the stock market will develop healthily in the long term, rather than gradually becoming a financial product that is only concerned with profit-making in the financial market, away from the fundamentals of the stock market and the value of the companies that issue the stocks.

This is inconsistent with the nature of issuing stocks, is not conducive to the market, and will be accompanied by a huge crisis.

However, the above-mentioned misconception happened again.

On the 26th, the stock price began to fall at the opening, and the decline was the opposite of yesterday.

Yesterday the market opened with a rise and a turn for the better, but today it has been falling and a turn for the worse.

Although the decline is not serious, and it is basically retail investors who are leaving the market.

But the upward momentum is gone, and the turning from red to green is actually more terrifying.

The stock market has skyrocketed to the point where it is no longer just a stock market played by people in Shanghai.

He needs support from the whole country and a constant supply of fresh blood, that is, the rich people attracted by the booming stock market.

Now that it turns green, will wealthy people from other places still come when they see it?

Moreover, when it comes to the stock market, capital tycoons can take the lead and control the market to a certain extent, but they absolutely cannot go against the general trend.

And what is the general trend?

That is retail investors.

There is strength in numbers, this has been a truth since ancient times.

When the stock market starts to turn green, how can retail investors, who are already worried and sleepless all night, bear it any longer?

Yesterday, people were waving their money and rushing into the market to buy stocks at high prices. Today, people are waving their stocks and rushing into the market to cash out.

When the number of retail investors reaches the upper limit that the big players can bear, prices begin to fall.

Moreover, the big sharks are not a monolithic group.

Some people entered the market early and felt they had made enough money, or they were worried that the price would continue to fall, so they would also secretly place sell orders.

This results in stock prices being like green grasslands.

It also rushes down like a waterfall.

In just two hours this morning, the stock price fell by more than ten points!

There were screams everywhere.

At noon, securities companies, leaders of relevant departments, and experts from all walks of life began to appease investors through various interviews and channels.

He said that transaction tax is just a normal operation and that any country's stock market will have such rules, so there is no need to panic.

Of course, they said so, but the people were still frightened by the green light this morning.

Therefore, many retail investors began to sell their stocks in the afternoon, which caused the stock price to fall again.

However, the drop in stock price did not affect the subscription certificates much.

Although Tang Yichen and his son were worried about the subscription certificates, after the stock market closed in the morning, the outside purchase price fell to 7,000 due to the influence of the stock market.

However, before the market closed in the afternoon, the price of the warrants was raised again.

A big shark has taken action.

Or it could be that some big players have decided to transfer the money originally invested in the stock market to warrants.

You have to pay fees for stock market transactions, but there is no fee for subscribing to new shares with subscription certificates.

Isn’t this good for subscription certificates?

So after the stock market closed in the afternoon, the subscription warrants unexpectedly jumped again.

At noon, the people outside who were buying the property were still asking for seven thousand.

Now the lowest price outside has become 7,500, and this is the lowest. Some people have already shouted 7,600 or 7,700.

"How about it?

Son, are we ready to ship? They've just been shouting 7,700 outside, and I feel like inside the salon, they must be at 8,000 now, which is what we expected!"

At home, the father and son ate the leftovers from lunch for dinner. At this time, Tang Xionghua had no intention of making any meal.

Tang Yichen also deeply agreed with his father's words.

After thinking for a moment, he said solemnly: "Dad, let's start shipping tomorrow and act according to the plan!"

It is impossible to ship at night.

The banks were closed at night, and Tang Xionghua was selling not just one or two bills. There was so much money, even if he only sold a part of it, he would have to use a sack to carry the money.

If I really carry so much cash out of the salon, it is a question whether I can get home safely.

"it is good!"

Tang Xionghua rubbed his palms to relieve his inner anxiety.

To this day, it would be a lie for him to say that he is not nervous or anxious. He has not yet sold the subscription certificates. The market is so confusing now that every minute feels like a year to him.

In fact, if possible, he would like to fast forward to tomorrow and sell all the subscription certificates at once.

But this is not possible.

Tang Yichen had already analyzed the pros and cons with him.

They have so many subscription certificates, not to mention whether losing them all at once would trigger panic in the subscription certificate market, even if they could be sold successfully.

But in this day and age, it is hard not to be targeted by someone with ulterior motives when it comes to tens of millions of cash.

Yes, there is no shortage of rich people in Shanghai now, especially in the stock exchange. Not to mention tens of millions, there must be even some powerful dragons with assets exceeding 100 million.

Perhaps ordinary people would find it incredible, after all, this was 1992.

But you have to know that there is never a shortage of rich people among flower growers, and this has always been the case.

It’s just that they usually keep a low profile and don’t come out to show off to the world.

But you can't deny their existence.

In fact, they are now in the salon near the exchange.

However, no matter how rich they are, they have the strength to match it.

But what do Tang Yichen and his son have?

All they can say now is that there is a village at the foot of a distant mountain whose people might support them.

others?

He doesn't even have a bodyguard or a gun, but with so much money, it's like a three-year-old child wearing a gold collar and parading alone in a busy city.

It would be strange if he wasn't targeted.

Therefore, shipments must also be planned, and the plan must be more careful than the last time we sold the winning subscription certificates.

Of course, Tang Yichen and his son started preparing for this plan as soon as they arrived in Shanghai.

Today, Tang Yichen and his son are confident that they can escape safely with this huge fortune.

In the entire Magic City, on the night of the 26th, at least more than half of the people suffered from insomnia.

In just a few months, stocks have become a greeting that can replace meals in Shanghai.

In the past, when people in Shanghai met each other downstairs, they would greet each other by asking, "Have you eaten?"

Recently, people in Shanghai greet each other like this.

“Did you buy any stocks?”

"How much have your stocks increased in value?"

From these daily changes, we can know how many people in Shanghai are paying attention to and even participating in this stock market feast in Shanghai.

While eating meat, everyone is laughing.

But I got beaten today.

The green light in the stock market is like a green light on your head, which makes people extremely uncomfortable but helpless.

Many people, after tossing and turning in this sleepless night, decided to go to the stock exchange or securities company to cut their losses and exit the market tomorrow.

They can't stand it anymore.

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