Investment Life

From January 1992th to February 1st, 19, the sale of stock subscription certificates, which was held just before the Spring Festival, ended so tepidly.As the first subscription-style new share issuance in mainland China, the 2nd version of Shanghai stock subscription certificate was not very popular when it was officially sold. The final sales volume was less than 1 million copies. It is far from the expectations of securities dealers.It is because this subscription method is too special.

The subscription certificate can be used throughout the year, and it is divided into four lottery draws. Only by winning the lottery can the new listed shares be purchased, which means great potential danger. Who can guarantee that every subscription certificate can win the lottery?At the same time, the price of 30 yuan per piece exceeds the bottom line of most people's tolerance. In addition, the purchase is limited to Shanghai citizens, which sets a prerequisite on the threshold.At the beginning of 1992, only a dozen or so new stocks were announced for listing, and how many dared to spend their life savings for these ten or so stocks...

However, Chen Yuanming knew very well that all of this would change into a different picture.

Shortly after the end of the Spring Festival holiday, some second-hand dealers looking for subscription certificates began to appear at the entrance of the Whampoa business department of Wanguo Securities on Guangdong Road. The prices they offered were, without exception, a few cents higher than the original price, and they were basically purchased according to serial numbers. , every 100 certificates with serial numbers ranges from 3500-4000 yuan. If it is an unregistered "white board", the price can be a little higher. The securities are okay, they are allowed to change their names a second time. Die-hards like Wanguo Securities are currently not allowed to change their names.

But Chen Yuanming was unmoved, and just walked silently around the gates of several major securities companies every day, asking the second-hand dealers about the black market market, neither buying nor selling, quietly watching like an ordinary outsider.After half a month like this, even some scalpers became familiar with him, and some turned their heads when they saw him, and didn't want to talk to this troublesome brat at all.

After traveling like this for more than half a month, until the end of February, as the gossip increased, the Erdao market also began to heat up. The original price of a hundred consecutive numbers soared from the original 2 yuan to about 3000 yuan. double the profit.It wasn't until this time that the entire subscription certificate market became hotter. Apart from those second-hand dealers, more and more real buyers began to go to battle in person. Well-dressed elites appeared at the gate of the securities market, hoping to buy one or two copies." Blank board", kill the stock market in person.

However, these still can't impress Chen Yuanming, so what about the 10 times profit?This is the 92 subscription certificate, but it is the first wave of "million wave" that all stock speculators in the future are familiar with. At this time, no matter what price the subscription certificate is sold at, it is a loss-making business. Only by selling the stocks in hand and buying new shares can profits be maximized. The winning rate of the subscription certificate in 92 was not only 3% or 5% as the world guessed, but more than 80% cumulatively, especially in the second lottery, the winning rate was as high as 50%. How could he give up such an astonishing profit? people.

But at present, Chen Yuanming also has his own worries. For him, the biggest difficulty lies not in predicting the development of the stock market, but in his own conditions.

At this time, to enter the Shanghai stock market, you can only open a stock account with your Shanghai resident ID card, and you must be over 18 years old at the same time.Both of these two conditions are far from those of Chen Yuanming. He is a boy who came to Shanghai alone, and he is not yet 16 years old. Where can he find a suitable certificate agent to protect his legal interests?

At the same time, the actual subscription of the IPO still requires a considerable sum of money, but all his income in the past six months—including the profit from reselling watches and the 10 red envelope stuffed into his scar before leaving—except for the part sent home, There are only 39 left, of which 36 have been used to purchase stock subscription certificates, and some are used to support daily life, and there are indeed not many that can be used to buy new shares.

The double dilemma was there, and he had to come up with a really safe solution.

With this in mind, he went in and out of those small salons on Guangdong Road more and more frequently. Until then, some people vaguely guessed that the young man might have something in his hand, but he was just waiting for a selling point.There are more and more eyes paying attention to him. While others are paying close attention, why isn't he paying attention to these real buyers who hold a lot of money.

This kind of mutual speculation continued until March 3. That night, when Chen Yuanming walked out of the Palace Hotel and walked towards the hotel he had booked, a voice stopped him.

"The little brother in front, wait a minute."

The voice is not bad, although it seems a little hoarse due to excessive use of the voice, Chen Yuanming turned his head, and saw a middle-aged man in his 30s quickly following up.The visitor was more than ten centimeters taller than him, wearing a suit that was already quite decent at the time, with two sword eyebrows on his face, sharp eyes, adding a bit of seriousness to his expression, with a taste of a military and political family.He knew this person, and Chen Yuanming narrowed his eyes slightly. In the past ten days, he was often seen in the Palace Hotel, accompanied by two attendants, who seemed to be buying subscription certificates wantonly.Suppressing the smile from the corner of his mouth, Chen Yuanming stood still.

It only took a few steps, and the man strode up to Chen Yuanming, looked at Chen Yuanming up and down for a moment, and extended his right hand friendly. "Little brother, you can make it easy for me to find."

Chen Yuanming didn't take it, he just raised his eyebrows, "Sir, I don't seem to know you well."

Faced with this kind of embarrassing scene, the man didn't feel embarrassed at all. He simply withdrew his hand and smiled heartily, "You have spent a lot of time shopping on Huaihai Road and Guangdong Road in the past half month. A child dressed like you is not so embarrassed. There are really not many. How about it, it’s the eve of the number lottery, haven’t you decided on a buyer for the goods in hand?”

Chen Yuanming glanced at the other party noncommittally, and asked, "It's already at this time, didn't you give up shopping?"

The words were straightforward, which made the other party choke, and immediately smiled even more, "Since everyone is willing, why not sit down and talk about it? Which hotel did you book?"

"International Hotel."

As soon as the name came out, the expression on the man's face changed slightly again. The tallest building in the Far East is one point higher than the well-known Peace Hotel. Those who can stay are either rich or expensive, which is not the case for ordinary hotels. Comparable.This young man looks well dressed and doesn't talk like a child from an ordinary family, but living in an international hotel?This was totally unexpected.

With a flash of thought, the man smiled, "International Hotel? That's just right, why don't you go to the International Gallery to have a light meal and ask my brother to do something for you."

International Gallery is one of several well-known restaurants in the International Hotel, which specializes in Western food. If you want to confirm his identity, this place is indeed a good choice.Chen Yuanming nodded, as if he had accepted the other party's invitation, and the man suggested, "Why don't you take a taxi?"

Chen Yuanming did not agree this time, but said lightly, "I'm not used to Santana, so let's walk."

At that time, there were only a handful of Santana rentals in Shanghai. The man looked at the boy’s plain expression and smiled, “Yeah, it’s not a few steps anyway. By the way, my name is Xiao Yun, and I just came to Shanghai recently. "

"Chen Yuanming, you just came here not long ago."

Chatting casually, the two walked along the road for more than 20 minutes before arriving at the International Hotel. Seeing Chen Yuanming's familiar gesture, Xiao Yun just swept his eyes away and made a gesture of invitation. Stepped into the International Hotel.Sitting down in the western restaurant, I ordered two steaks, and the conversation slowly turned to the topic.

"Since everyone is wandering around on Guangdong Road, it's wise not to speak in secret." Xiao Yun looked at the young man opposite him with a searching look. "Brother, you should also know what price the white board has reached. If it's in stock, you might as well sell it now, so that everyone can make a quick deal."

Chen Yuanming smiled, "Brother Xiao, since we are all sitting here, we really shouldn't go around in circles anymore. If you can come to Shanghai at this time, you must know the actual value of this subscription certificate. Why is everyone buying it? Am I going to sell it now?"

This statement is not false, but how could Xiao Yun get involved in it, he smiled slightly, "If it was someone else, I might believe it, but my brother, you didn't behave like that. If it is true You have no intention of buying or selling, so you should stay in your room at this time, wait for the number to come to pay the payment, instead of wandering in the salon every day."

Speaking of this, he sighed softly, "To be honest, some of the people who are actually in the business of buying and selling now have realized that they are all sold in the market, and there is no sale at all. I have been in Shanghai for so long, and it is just I made some zero tickets in retail accounts, and now there are less than 2000 tickets. Let’s not mention the winning rate. The number alone is not enough. Since everyone has needs, why not sit down and talk about it? The price is not a problem .”

Chen Yuanming shook his head, "On the contrary, I think the price is the biggest problem." Seeing the other party's puzzled eyes, Chen Yuanming raised his mouth slightly, "Let's put it this way, I do have a whiteboard here, but if each book costs 16 Wan, do you accept it or not?"

Xiao Yun raised his eyebrows, and instantly became angry, 16?Now the highest price on the market is only 2 copies, and it can rise to 3 if you die, and 16 is not a price, is it a joke? !

Seeing the other party's unfriendly expression, Chen Yuanming didn't care much, just raised his hand lightly, "Look, once the asking price is out, we can't agree on it right away. But is my price really high? In other words, why do you Now that I’m in Shanghai, why do I think whiteboards are worth so much? In the final analysis, it’s because of the same thing…”

As he said that, he pointed his finger upwards and then to the south, and looked back at the man in front of him calmly.

Xiao Yun's heart trembled, he was going to die, this kid...

"The old man is about to return soon. It's not smart to say anything about buying a subscription card at this time."

Sure enough...Xiao Yun lowered his eyes to hide the astonishment in his eyes. The reason why he came to Shanghai was because he followed the advice of his elders in his family. As soon as Xun Xun's speech is released, the stock market will be in turmoil immediately. At that time, it will not be a matter of tens of thousands or hundreds of thousands.But the young man in front of him really hit his weakness. Regardless of the news channel, he has already put himself in a position that cannot be underestimated.

However, in just a moment, the expression on Xiao Yun's face returned to normal, and he put on a gentle smile again. Talking about business is like playing bridge. Both sides have a few hole cards in their hands. Don't you have his weakness in your own hands?

"Sure enough, it's a boy who is a hero." Holding up the red wine to accompany the meal, Xiao Yun showed an appreciative smile, "It's true that there are not many people who can buy subscription certificates as early as you, brother, I also know a few in the Shanghai banking system. A classmate who swiped away [-] subscription certificates in one go is basically one of the few, and he can do it so cleverly..."

Hehe...Chen Yuanming couldn't help but sneered in his heart. He still couldn't understand when he was talking about this point.What is your shortest shortcoming is actually clear at a glance when you buy the subscription certificate.In order to avoid too big a target, he chose four branches and invited four Shanghai residents to help him buy. In this way, he could not only avoid being stared at by others, but also avoid the eyeliner of those professional purchasing agents, and hide himself in a safe line. rear.

But the disadvantages are not without. Four different purchasers and four different ID cards just represent his weak foundation in Shanghai.And this is almost fatal.Fundamentally speaking, he is just a brat. Although he can confuse others with food, clothing, shelter, and experience, his foundation is too weak and he has no power. Can be shot to death on the beach by predators.But so what?

With a wry smile from the corner of his mouth, Chen Yuanming shook his head, "It's a little trick, I made Brother Xiao laugh. It's because the family is strictly forcing you to go this way."

These words are indeed true, but they have different meanings when they are heard by different people.

"You're young, you should come out and venture out." Xiao Yun smiled, seeming to understand Chen Yuanming's situation, "When I went into the sea, the old man almost broke my leg, isn't this also a trick. Now No one wants to see this kind of situation, why don't we think of a solution together and tide over the difficulties together..."

The conditions for both parties have been laid out, and it is indeed time to talk about business.Chen Yuanming put down the wine glass in his hand, "To be honest, I really want to sell some of the subscription certificates, but there are two points to mention first. First, I need a safe local ID card. Needless to say, you understand the matter of opening an account. .Secondly, what I want to do is not to do whiteboard business, but to sell winning lottery numbers.”

As soon as the two sentences came out, Xiao Yun was taken aback for a moment. The first one is easy to say, he can understand it, and he can do it.But the second?Putting a whiteboard with an unknown probability of winning the lottery and not selling it, but selling the winning lottery number?Is this shrewd or stupid? !

Seeing the astonished expression of the man in front of him, Chen Yuanming smiled calmly, "Surprised? I really think this is the most beneficial solution for both of us at present."