Because the number of stocks is small and there are few early participants, the exchange only trades from 2pm to 4pm every day.
And Yang Fan began to introduce the modern concept of time. Use 24-hour modern clocks. Hang wall calendars and large calendars in the stock hall. Use the modern concept of week.
The exchange is closed on Saturdays, Sundays and holidays. Calendars are sold in the exchange's store.
The calendars are all in large print, as big as A4. The back is a wooden backboard that can be hung on the wall. On each page, there are dates marked with Arabic numerals and traditional Chinese characters, including the lunar and solar calendars, the lunar calendar, and the auspicious days of the zodiac.
The twenty-four solar terms, things to do and things to avoid. There are also some stock knowledge below.
One page per day, open from right to left. Turn one page per day.
Yang Fan has begun to popularize modern weights and measures and time units in his own system.
These are all preliminary preparations to integrate with modern industrial technology. There must be a unified standard for industry, otherwise it will not progress at all.
At noon, Huang Yongtai and a few others had a meal at Feiyun Tower on Gulou West Street. Xie Shanyun, as a local, took the initiative to treat us.
Now this area is very prosperous, with all kinds of shops, restaurants, and bathhouses, making life very convenient.
"Life here is really convenient. Everything is available. I really should buy a house here." Yang Decai said with emotion.
Xie Shanyun said: "It is indeed very comfortable to live in. I bought a 100-square-meter apartment there, which is a three-bedroom apartment of 10 rooms. It is too warm in winter. I live on the fourth floor with a good view and a comfortable mood. The security in the community is tight.
, you don’t have to worry about thieves, and you can put your valuables at home without worry. The doors are all made of steel, so they are called anti-theft doors. They look very strong.”
Huang Yongtai said: "I heard that the surrounding street shops deliver food at twelve hours. As long as you order in advance, it will be delivered when the time comes. There are also cleaning shops that are responsible for washing clothes. We are the only one in Beijing who is doing business.
The service is so attentive when I live here. I must buy a set.”
Xie Shanyun said: "Then you should hurry up early, I think the house prices are going to rise. Uncle Dingyuan is building a grand theater in the capital, just on Gulou West Street. It is said to have three floors and can accommodate 3,000 people to watch the theater together.
Once it is completed, it will be even more lively here.”
Several people came to the exchange as they talked.
At two o'clock, with a bell ringing, trading officially began.
By this time, many people had arrived. They started queuing up to buy stocks at the broker counter on the first floor. The numbers on the display board on the second floor began to change.
As expected, there are many people who are optimistic about guano agricultural fertilizer. It opened at 20 taels of silver per share. It has doubled. But there are still many people buying it.
Everyone has done the math. If the 100,000 tons of bird droppings currently piled up in Tanggu are sold, this share will be worth three taels of silver.
Yang Decai and Xie Shanyun hurried over to queue up, fearing that they would be late to buy and be sold out.
Huang Yongtai was unmoved and stared at Daming Oil. As expected, not many people were buying Daming Oil, and the price was still one tael of silver per share. There was actually no premium.
I stood there and thought for a while, then gritted my teeth and made up my mind.
He knows that only a few people can make big money by seeing a business opportunity. When most people find it, they will quickly spread the profits. He chooses to believe that Uncle Dingyuan will not take advantage of everyone and play with half a million taels of silver. "
He decisively walked towards the unattended Daming Oil counter.
A young man in a red vest took over and asked, "Do you want to buy Daming Petroleum shares?"
"Yes, just buy Daming Oil." Huang Yongtai said through gritted teeth.
"How many shares do you want to buy?"
"This is the passbook of Xinghe Bank. You can buy as much as you have in it."
The clerk at Xinghe Bank next to him stood up, respectfully, and immediately took the passbook with both hands. He saw that the passbook was red, indicating that the deposit was more than 10,000 taels of silver.
"There are 30,000 taels of fixed-term deposits in the passbook. The deposit is for a seven-day period. It will expire in one day. If you withdraw it now, you will lose the periodic interest. We will only pay you interest based on the current deposit. Do you have to withdraw it?
come out."
"Take it all out and buy Daming Oil." Huang Yongtai said firmly.
"Okay, I'll handle it for you right now." The broker immediately went through the fund transfer procedures and bought 30,000 shares of Daming Petroleum stock.
Stocks are usually stored in the exchange to prevent loss. Of course, you can also take them away yourself. After all, they are about the same size as banknotes, which is convenient.
When Huang Yongtai saw the stocks in hand, he felt a bit exhausted.
This money was all the profits he had made since exchanging gold for Xinghe Bank. He spent it in one go. Now he can only wait for the result whether he is right or wrong.
"Look, Daming Petroleum has a deal, 30,000 shares, 30,000 shares."
"Someone really dares to buy it. Who bought it?"
There is a wooden partition between the counter and the lobby, and there are closed booths inside. Customers and brokers handle business in separate booths. This is for customer confidentiality. After purchasing, leave directly from the back corridor and return to the lobby.
No one outside will know who bought what.
After Huang Yongtai finished the purchase, he was sweating all over. He decided whether he bought it right or wrong. He could only wait for time to prove it. He returned to the hall and found a bench to sit down.
He saw a long queue outside a dozen counters selling guano and agricultural fertilizer. Xie Shanyun and Yang Decai were queuing anxiously.
At this time, a bell sounded, and everyone looked strangely at the person ringing the bell on the second floor. News soon came that the bell meant that the stock had been sold out.
Those who didn't buy it immediately beat their chests and wailed. Everyone knows that as long as they buy it, they can make 50% profit. What kind of business can make 50% profit in one day.
The people in line dispersed. Many people sat on the benches and looked at the price list in frustration.
At this time, a group of people came. They walked directly to the counter and started buying stocks regardless of the stock. The bell kept ringing. One stock after another was sold out. Soon, eight stocks were sold out.
This chapter is not over yet. Please click on the next page to continue reading the exciting content! "Who are these people? They are really generous. All the stocks added up to 700,000 taels of silver today were bought up."
"I know a few people, they are the housekeepers of several marquises."
"When you mentioned it, I also remembered that there is a person from the British government."
"That's right, they are the noble people. Why do they come here to buy stocks? Is there some news that we don't know about?"
Huang Yongtai was dumbfounded. Fortunately, he made a decisive decision and acted early. Otherwise, the stocks would have been sold out by now. With so many noble people optimistic about it, he would definitely make money.
"There's another deal. Look, the numbers on guano and fertilizer have changed. Someone is selling them," one person exclaimed.
"Other stocks have also moved, and some people have started to sell."
"Oh my God, the transaction price of guano and agricultural fertilizer is thirty taels of silver."
"Daming Oil, look, the price has started to rise. The transaction price is one tael, one cent and five cents, and two thousand shares were traded."
Huang Yongtai suddenly raised his head and felt his head rise.
After that, all stock prices began to rise, and trading prices continued to refresh.
By the time the market closed, Daming Oil had risen to one to two to five cents. Huang Yongtai felt as if his heartbeat was about to burst out of his chest.
Just sitting there for a while, I actually made fifteen thousand taels of silver.
At this time, someone was reporting the situation in the exchange to Yang Fan.
"What, Daming Petroleum had already bought 30,000 shares when you went there. Find out who bought it." Yang Fan was a little surprised.
Energy companies are very important, and oil is the blood of the industry. How could Yang Fan not hold a controlling stake?
Yang Fan mobilized a large amount of funds to enter the market and purchased stocks of Daming Petroleum and Daming Petrochemical. The reason why the stock prices opened flat was to facilitate his buying at low prices.
Yang Fan planned to buy at least 100,000 shares of these two stocks in addition to 50,000 original shares and 150,000 public shares. This would achieve a 66% holding level.
The rest were bought by nobles.
Because Yang Fan has guaranteed that he will definitely find enough oil in Tianjin. Then these stocks are a good deal with huge profits. Of course, they will continue to buy in addition to the original stocks.
After Yang Fan completed the acquisition plan, he began to release a small amount of stocks, and at the same time asked his bosses in other industries to buy them and raise the prices. These stocks will not have such cheap prices in the future.
No more today.
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