Chapter 217: Persecution Mania
Chapter 217: Persecution Mania
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Since the start of the semester, the main topics of the economic salon created by Huang Xiaochuan have been the most popular subscription certificates on the market. The few people in dormitory 222 just listen with their ears but never express their opinions.
Back in the dorm, the group would playfully tease each other to express their joy, but they didn't dare to make too much noise, so they always felt a little unsatisfied.
However, their wealth is indeed growing significantly every day, from the stock market to warrants.
On February 27th, the bank loan application was approved. The loan term is six months, and the annual interest rate is 102%.
Yes, the interest rate is that high because the one-year deposit rate at banks is 79%. Banks make their living by profiting from the interest rate spread. Since the deposit rate is high, the loan interest rate will naturally be high as well.
However, during this period, most of the loans from banks were from state-owned enterprises. Ordinary people would never go to banks for loans! They would be terrified by the interest rates.
However, state-owned enterprises don't consider interest issues. In their view, whether it's a company or a bank, it belongs to the state. Whether there's interest or not, it's just a matter of moving money from one pocket to another.
Huang Xiaochuan didn't apply for a loan; he didn't need one. His savings were enough to buy the new shares he won in the first lottery. If not, he could borrow some from his uncle temporarily. Moreover, he planned to sell some of the subscription certificates after the second lottery. He wouldn't pursue the so-called maximization of profits; he would take what he could get.
Having not been to the stock exchange for a while, Huang Xiaochuan, along with Yang Junmin, He Guang, and Li Huan, went to the stock exchange to confirm the exact number of shares in his securities account and their current market value.
Nowadays, stock exchanges are busier than bathhouses, packed with people inside and out. The outer area is mostly filled with pile drivers, while the inside is mostly filled with stock investors. Some stock investors, finding the exchange too crowded, use binoculars to peer through the railings across the street to watch the big screen – that's quite something!
Huang Xiaochuan had anticipated this, so he and Yang Junmin and two others cleared a path for him, leading him to a computer located in a corner.
At that moment, a man was standing in front of the computer, cursing and swearing as he operated it. Huang Xiaochuan, with a bill in his hand, patted him on the shoulder.
"Hey friend, can you do me a favor? I need to use the computer." Then he handed the money directly to the man's face.
The other person was about to curse, but when he saw the hundred-yuan bill that Huang Xiaochuan handed him, he immediately lost his temper, accepted the money without hesitation, and politely handed over the computer.
After walking a few steps, he looked back and saw that Huang Xiaochuan, who had just given him money, was accompanied by three burly men. He couldn't help but wipe his forehead. Luckily, he hadn't swore, or he would have been in serious trouble (getting beaten up).
Huang Xiaochuan skillfully typed his securities account number and password, quickly checked his account, while Yang Junmin, He Guang, and Li Huan stood with their backs to Huang Xiaochuan, preventing anyone from getting close to him.
Yuyuan Department Store has 887 shares, and its real-time share price today is 21732.
Vacuum Electronics has 6000 shares; today's real-time price is 12197.
1000 shares of Dafeile, today's real-time price is 8731.
These stocks were worth over six million before the Lunar New Year. After the holiday, the stock price soared, and now they are worth over nine million. Huang Xiaochuan's initial cost for these stocks was less than one million.
It's not that Huang Xiaochuan didn't want to buy more, it's just that the issuance of these stocks was too small. Everyone held onto them tightly and generally refused to sell. These stocks were rising every day, so who would be willing to sell?
These are all the shares that Huang Xiaochuan bought little by little from the market over a long period of time.
Vacuum Electronics has the largest number of shares because, apart from the rights issue, Dafeile has remained stagnant, rising from over 200 to over 800. Among the three stocks, it has performed poorly. However, it doesn't matter; Dafeile will start to take off in a few days, and by May, it will rise to over 2,000 per share.
Nine million might be an enormous sum for people of this era, but for someone like Huang Xiaochuan, it didn't feel like much. He was mainly numbed by the catchphrase of a certain commercial real estate tycoon from his previous life, "a small goal," and in his previous life, it was common for Huang Xiaochuan to handle millions of dollars in business.
After checking his account information, Huang Xiaochuan logged out of his account, restarted his computer, and then quickly left with Yang Junmin and the other two.
After Yang Junmin drove Huang Xiaochuan to the entrance of the University of Finance and Economics, Huang Xiaochuan got out of the car and went into the school.
With the first lottery to begin next Monday, Huang Xiaochuan couldn't help but wonder how many of his 10,000 subscription certificates he could win. He had 1,000 certificates, and assuming each certificate could buy 100 shares of the original stock, 1,000 certificates would be 100,000 shares.
This is still just one stock. It seems that if you win the lottery for the first time, you can buy the original shares of two stocks in succession, which is 200,000 shares. It seems that the original prices of the two stocks are different, one is 20 yuan per share and the other is 10 yuan per share.
When the new shares are listed, even if you sell them at the opening price, you can still make a fortune, because the opening price is already forty or fifty.
Thinking about how suddenly the wealth had come, Huang Xiaochuan couldn't help but exclaim, "Holy crap!"
Just then, a girl walking in front of him happened to hear Huang Xiaochuan's swearing. Thinking it was directed at her, she immediately turned around, raised her eyebrows, and wanted to settle scores with the person who had sworn at her.
Looking back, I saw Huang Xiaochuan.
Huang Xiaochuan noticed the girl in front of him stop and call his name. He looked closely and exclaimed, "Teacher Zhang?"
Looking at Zhang Yun's outfit again, Huang Xiaochuan couldn't help but frown and complain in his heart. "You, a teacher, are dressed like a teenage girl. If I didn't know you, who wouldn't think you're a junior? You're a teacher, how old are you? Why are you still trying to act young?"
Zhang Yun strode aggressively up to Huang Xiaochuan and demanded, "Were you just insulting me?"
Huang Xiaochuan was a bit bewildered by the question, thinking: Insult you? What are you talking about? I didn't even see you. Besides, if I had seen you, why would I insult you for no reason? Am I crazy?
"No?"
"You still dare to deny it? I heard it with my own ears."
Huang Xiaochuan felt so wronged. He seriously doubted whether Teacher Zhang was hard of hearing. How could someone so young have this problem, insisting that someone was insulting her? Was she suffering from paranoia?
"Teacher Zhang, I didn't even know who was in front of me. Why would I scold you for no reason? I was probably thinking about something and just blurted out a catchphrase."
Zhang Yun looked at Huang Xiaochuan suspiciously: "You really weren't insulting me?"
Huang Xiaochuan raised his hand and swore: "If I curse Teacher Zhang, may I fail every subject this year."
This oath was undeniably vicious, which is why Zhang Yun let Huang Xiaochuan go with some skepticism.
Huang Xiaochuan was about to leave when Zhang Yun called him back.
"return!"
Huang Xiaochuan turned around and complained, "Teacher Zhang, didn't we already clear up the misunderstanding? Why are you still so persistent?"
Zhang Yun pointed to Huang Xiaochuan's winter coat and asked, "Where did you buy this coat?"
Huang Xiaochuan felt a sense of relief.
"My friend brought these clothes back from Hong Kong for me."
"I was wondering why. I thought there were already specialty stores in China. Alright, that's all, you can go now!" Zhang Yun waved her hand to dismiss Huang Xiaochuan.
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