Rebirth 1990: The beginning is sweet and cool Bai Yueguang
Chapter 428 Purchased 1
During this period, a large number of subscription certificates in his hands were also sold.
Although the price of warrants in the market has stagnated, it is mainly due to the large supply.
This is the law of the market. When there is oversupply, it becomes very difficult to raise prices.
As expected, the price before the second lottery has changed. It has become extremely difficult to buy a subscription certificate at a price of 5,000 or even 4,000.
However, this did not dampen people's enthusiasm for warrants, but made them even more popular.
As the date for the second lottery approaches, everyone knows that once the lottery is completed, the value of the subscription certificates will rise further.
Therefore, those who are eager to make money through investment have spent all their money to buy as many subscription certificates as possible before the lottery.
Even if they fail to win the lottery this time, they still have two more chances, and the subscription certificates will never become useless.
This optimism drives everyone to pursue the dream of getting rich, and this phenomenon is particularly evident in the spring market.
The 100,000 subscription certificates left by Zhou Qi in Chunshi were quickly absorbed by the market under the leadership of Zhu Hongchang and Qiao Changgui and with the joint efforts of the Tongmenghui members.
The sales speed is so fast that it even exceeds the sea market.
Although somewhat unexpected, all the warrants were eventually sold out.
Zhu Hongchang and Qiao Changgui made huge profits by holding a large number of warrants, but they also invested all their funds in this business.
As for the subscription certificates in Zhou Qi's hands, except for some of them being exchanged for stocks, they were almost exhausted after more than half a month of hard work.
Everyone in the team contributed, and on average each person was able to sell three to four hundred tickets a day.
Especially when approaching the second lottery, as market prices stabilized, daily trading volume reached an astonishing level.
Coupled with the big customer resources that Zhang Gongzheng and Ma Yuancai have, the impossible became a reality.
Zhang Gongzheng, Ma Yuancai and Cao Qinquan went from being ordinary ten thousand yuan households to multi-millionaires.
Zhang Gongzheng and Ma Yuancai invested 150,000 yuan to buy 31 subscription certificates, and sold them at prices ranging from 3,000 to 3,500 yuan, earning a return of up to 15 million yuan; Cao Qinquan exchanged an investment of 120,000 yuan for 12 million yuan.
The most eye-catching one is Jiang Jun, who successfully joined the ranks of billionaires with only one million investment.
These two days, Zhang Gongzheng and Ma Yuancai were so excited that they seemed to have taken stimulants.
Who would have thought that those who initially doubted Zhou Qi’s investment are now witnessing a miracle.
Today, my bank account is filled with zeros, as if everything is just a dream. It has only been a year since I started my cotton cloth business.
At first, tens of thousands of yuan were out of reach for them. Who would have thought that they now have tens of millions of yuan in wealth.
All this is thanks to Zhou Qi, who became their patron saint.
They even believe that they may become billionaires in the near future.
For Zhang Gongzheng and Ma Yuancai, as long as Zhou Qi is there, any dream is no longer far away.
Zhou Qi had 30 million in cash in his account, plus a huge sum of 2.4 billion from the subscription certificates.
The subscription certificate was truly a magical piece of paper that instantly increased Zhou Qi's wealth sixty times, not including the other industrial assets he had on hand.
Now, he has officially entered the ranks of billionaires and is a wealthy man with more than 2.4 billion in cash.
According to the normal laws of business development, Zhou Qi will achieve such success sooner or later.
But through this opportunity to purchase certificates, he quickly accumulated huge wealth that ordinary people could hardly imagine.
With this money, he can realize his layout and plans earlier.
Just before the second lottery, Zhou Qi was busy going between various stock exchanges to adjust the stocks he held. At that time, the trading method was still relatively primitive, and one had to go to the exchange in person to fill out documents or entrust a trader to operate.
During those days, the stock exchange was unusually deserted; apparently the news that the stock market's upcoming relaxation of price limits was about to be released had not yet become widely known.
People who hold stocks regard them as treasures, waiting for the opportunity to appreciate in value and are reluctant to sell them easily.
At that time, there were only 15 stocks in the Shanghai market, including the well-known "old eight stocks" and seven new stocks. Zhou Qi came for these seven new stocks because he predicted that once the price limit was relaxed, the performance of the "old eight stocks" would not be as strong as these new stocks.
Recently, the performance of the “old eight stocks” has shown signs of fatigue, and there is little point in continuing to hold them.
Therefore, Zhou Qi quickly grasped the latest stock market transaction information and made decisions based on it.
At the trading desk, he calmly began his buying and selling operations. He sold all the old eight stocks in his hands, and then transferred the funds to the new seven stocks.
During this turnover, the original 30 million became 50 million, and the old eight stocks brought a profit of 20 million.
He is full of confidence in the future of Xinqi Stock. I remember that after the second lottery, the country relaxed its policies and the price of Xinqi Stock began to soar, indicating that it will soon reach an unprecedented peak. As long as he operates properly, the wealth in his hands will rise to a higher level.
Finally, the much-anticipated day arrived - the second subscription certificate lottery.
The stock exchange was crowded with people and the new seven stocks became the focus.
However, most investors still take a wait-and-see attitude, dare not chase the rise easily, and continue to hold those stable old eight stocks.
However, the next day, the old eight stocks rose due to large-scale buying, but not as rapidly as the new seven stocks.
Later that day, a breaking news came: the stock market will remove the daily price limits.
This undoubtedly ignited the enthusiasm of the market, and people foresaw that the stock market would usher in a new round of surge.
The new seven stocks seemed like glittering treasures, attracting the attention of countless investors.
Everyone raised funds and prepared to join this feast of wealth.
When the market opened, the entire stock market was boiling, even crazier than expected.
The index rose sharply, more than doubling.
The performance of the new seven stocks was even more astonishing, growing at a rate of three or four times, attracting many people to chase them.
Soon, the saying “Owning Xinqigu can turn a chicken into a phoenix” spread throughout the streets and alleys.
At the same time, the price of subscription certificates also rose, breaking through the 5,000 mark.
In just a few days, the number jumped from more than 3,000 to 5,000, 5,500, and even 7,000. People from Chun City flocked to Hai City just to seize this rare opportunity.
For Zhu Hongchang and his friends, this was a great time to make a lot of money. They were simply crazy because their wealth was accumulating at an unprecedented speed.
During this period, their ambitions reached their peak, as if they were blinded by greed.
They firmly believed that the price of the warrants would continue to rise, so they bought some from Zhou Qi at a high price.
In fact, this was an opportunity Zhou Qi deliberately left for them.
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