Chapter 116 Huge Wealth(1/2)
Seeing the other party's expression, Lin Fang was shocked. This guy really didn't want to fake it, right?
For a company, this is definitely a way to cut off its future.
Lin Fang just said it casually, purely as a joke, but seeing the other party's expression, he didn't know what to say.
Looking at Wu Yurong who was deep in thought in front of him, he just hoped that this guy would not go astray, otherwise, he would be destined to be miserable!
It’s not that the faker can never be cleansed, but Wu Yurong is the leader of a state-owned factory. Once he makes a mistake, it will probably be difficult to turn around!
After about a few minutes, Wu Yurong finally came to his senses, his expression returned to normal, he raised his glass of wine with a smile on his face and said thanks: "Thank you, Boss Lin, for your advice. Today's kindness will be rewarded in the future!"
Lin Fang smiled and raised his glass as well: "Chief Wu, you're so polite, it's just a matter of a little effort!"
Lin Fang didn't want any generous rewards. At most, he just wanted to have one more connection in Shanghai, that's all.
After the meal, Lin Fang said goodbye and left, and the matter was settled.
Four days passed quickly.
As the country lifted restrictions on the rise and fall of stock prices, stock prices rose higher every day. In just four days, the market index rose rapidly and reached a terrifying height.
Amidst the ecstasy of countless people, Lin Fang began to feel slightly depressed.
The rapid accumulation of wealth is indeed gratifying, but knowing the conditions of the mature stock market, he knows very well that this situation cannot last long.
Crazy can only bring frustration, just like running too fast will inevitably cause you to fall.
And today, May 25, the stock price has once again reached a new height, especially for Yuyuan Shopping Mall, the stock price has reached a terrifying 10,009 yuan today.
This was an extremely high stock price that Lin Fang had never heard of, and he felt that what he was worried about might be about to happen.
He secretly decided in his heart that he must sell immediately.
When the sun is midday, it will be wilted, and when the moon is full, it will be depleted. This is the law of development of affairs.
A balloon cannot expand forever, there will always be a moment when it explodes.
Moreover, June 3 is the time for the second lottery. Lin Fangben needs to withdraw funds from the stock market and then invest in new stocks. Therefore, no matter what, he needs to sell.
So just right.
Shortly after the market closed that afternoon, he made a phone call to He Tao, the manager of Shenyin, telling him that he was selling stocks the next day and hoped for help.
The other party was very surprised when he heard the news. After all, the market situation is very good now. If he sells, he doesn't know how much money he will lose every day.
Lin Fang thanked the other party for his advice, but still insisted on his attitude, and He Tao finally had no choice but to agree to help.
Early the next morning, Lin Fang did not go to Wanguo Securities this time. Instead, he came to Shenyin Securities with the subscription certificate he had won before.
Any securities company nowadays is naturally overcrowded, and Lin Fang finally squeezed in with great effort.
Fortunately, He Tao had already been waiting inside, and as soon as they met, he was immediately taken to a lounge.
"Brother Lin, are you sure you want to sell your stocks?"
Lin Fang nodded: "Yes, I heard that the country is planning to issue new shares after the second lottery, so I am going to invest in new shares next."
Since Lin Fang still insisted on his own ideas, He Tao stopped persuading him and sighed: "Brother Lin, with your determination, you will definitely achieve extraordinary things in the future."
Lin Fang smiled: "Brother He is promoting his younger brother. I don't have any other money to invest in new stocks, so I have to free up funds.
Although the current situation of the stock market is very good, after all, the stock price has risen so much, I can still make a lot of money now.
After all, no matter how delicious the rice and meat in the pot are, it’s only yours if you eat it in your own stomach, right?”
He Tao was amused by his metaphor.
"Hahaha, Brother Lin is right.
Okay, I have a lot of things to do later and I can’t help you deal with them myself, so I can only find someone to help you with the procedures!"
Lin Fang nodded and thanked: "Thank you so much, Brother He. I'll treat you to dinner someday when you have free time!"
He Tao smiled and nodded: "Haha, okay, my current net worth is at least a multi-millionaire. I, He Tao, am honored to have a multi-millionaire treat me to dinner!"
Later, He Tao found a young female staff member named Lin Lin and asked her to assist Lin Fang in completing the procedures.
When he entered the hall again, the market continued to rise, but Lin Fang discovered that the market's increase was no longer as large as the previous few days, and it was obviously about to reach its highest point.
This made him firmer in his judgment.
Now that the market is all the way up, people are basically rushing to buy stocks, and there are very few people selling stocks, especially under the current situation these days.
So when Lin Lin took Lin Fang to the trading window to handle the selling procedures, the trader looked very surprised and looked at Lin Fang several times with a crazy expression.
But since the customer asked for it, of course he would have no objection.
It's just that today's transaction procedures are very cumbersome, and all forms need to be filled in by hand, so the efficiency is very slow.
Fortunately, in this situation, the trading volume is really not large, and most of the trading windows are idle. After calling two additional traders for assistance, the speed is much faster.
It was already past two o'clock in the afternoon when all procedures were completed, including filling out forms, back-end operations, transfer settlement, etc.
Lin Fang only now had all the money in his hands.
Of course, this is just a bill. To get the money into his bank account, he still needs to go to the bank and make another transfer.
Fortunately, this matter is not difficult.
This is not a bill, but each stock purchased with a subscription warrant is a bill, so he has a full stack of bills in his hand.
So much so that he doesn't even know how much money he has now when he holds the bill.
Lin Fang was also a little bit dumbfounded.
Fortunately, the bank was very efficient. By four o'clock in the afternoon, the procedures at the bank were completely completed, and he finally saw the total amount of funds in the sub-account.
Lin Fang was stunned. The numbers on the receipt made his eyes dizzy.
157532514.76 yuan!
There were too many digits, and he was a little afraid to count.
Although most of it was not his, it was still difficult for him to accept.
Previously, a total of 1,656 subscription certificates were won, including 436 for himself, 997 for Zhang Jinkui, and 223 for Zhang Keying. He only accounted for almost a quarter.
Although he has not yet made detailed statistics on how much money he has made after selling his stocks, he estimates that it is about a quarter of the total amount.
But this amount is also terrifying.
Lin Fang had no intention of doing anything else and took a taxi directly back to the clothing store.
And as soon as he came back, he locked himself in the room and started taking out his notebook and counting the bill data one by one.
A full hour and a half later, he was startled again by the numbers in front of him.
41688632.78 yuan!
This is the money he received after winning the warrant to subscribe for stocks.
According to the result of his discussion with Zhang Keying, the net profit would be split 50-50 between them, so he personally would have 20,844,316.39 yuan.
He paid almost nothing except using the subscription certificate.
There is no need to count the hard work during this period.
Zhang Keying's income from the 223 subscription certificates for stock subscription was 19478561.78 yuan.
Zhang Jinkui’s income was 96365320.2 yuan.
Calculated in this way, Zhang Jinkui initially invested nearly 7 million, but the income was almost 13.8 times more than the investment. It was so shocking!
It took a long time for Lin Fang to calm down his turbulent mood and calculate his total income in detail.
Because in addition to her income from winning the subscription certificate to subscribe for stocks, Zhang Keying also promised to give 15% of her personal stock income to Lin Fang, and Zhang Jinkui also promised to give 10% of his stock income to Lin Fang.
Although he was not sure whether he could actually get the money, he still had to settle the score!
After calculation, excluding cost funds, Zhang Keying needs to pay him 2,857,204 yuan in dividends, while Zhang Jinkui needs to pay him 9,504,907 yuan.
There is no need to include the decimal places.
As a result, his personal wealth on his books has reached a super figure of 54 million.
This is a true multi-millionaire.
This time, he couldn't calm down for a long time.
Happiness came so quickly that he felt a little dizzy!
This was in 1992, and he could hardly imagine what such a huge amount of wealth represented.
At this moment, he had a deeper understanding of how people later called this opportunity to make a fortune a once-in-a-lifetime opportunity.
Sure enough, if he had not come to Shanghai to buy stock warrants, or if he had not bought stocks later, he would probably regret it more than his father did in the future.
"Dong dong dong!"
There was a knock on the door suddenly.
"Brother Lin, are you okay? You've been locked in your room for several hours!"
Li Xinyuan's concerned voice came from outside the door.
To be continued...