Two days later.
Inside the hotel.
Jiang Fei took out several contracts and handed them to Chen Dong.
"Brother Dong, the contracts are all here. Just take your ID card to complete the transfer procedures."
"Thanks for your hard work!"
"It's just a matter of running an errand."
Jiang Fei waved his hand, not caring.
Compared to the benefits Chen Dong brought, running errands is really nothing.
Chen Dong smiled, took the contract, and glanced at it.
He discovered that the area specified in the contract was much larger than he had imagined.
Including the open space, it adds more than 200 square meters.
What does 200 square meters mean?
In later generations, it would be worth at least 10 million.
This is only the value of the house's area.
If land use rights are included, the value would be even higher.
Chen Dong nodded in satisfaction, put the contract away, thought for a moment, and then said...
"Brother Fei, once this is over, I don't plan to resell treasury bonds anymore."
"I plan to withdraw all the money and invest it in the stock market."
"stock market?"
The group looked at Chen Dong with bewildered expressions.
In 1990, the stock market was not yet open for business, and for most people, the stock market was still just a name.
However, the shareholding system reform has actually been going on for two years.
Parks, farmers' markets... are all part of the stock market.
Some people who bought initial public offering (IPO) shares receive a considerable amount of dividends every year, easily exceeding the interest rate of bank fixed deposits.
The companies preparing for IPOs at that time were far superior to those of later companies in terms of qualifications and profitability.
It can be said that the country selected eight companies from the best companies as the first batch of listed companies.
In later generations, it was also known as the "Old Eight-Legged Essay".
It was also during this time that many big shots completed their initial capital accumulation.
Chen Dong, possessing memories of the future, naturally wouldn't let this opportunity to pick up money slip by.
Shenzhen Development Bank, Vanke...
Yu Garden Mall in Mingzhu City, vacuum electronics...
Being able to buy it represents opportunity and wealth.
Chen Dong has a background in finance, and he has also studied this period of history.
Shenzhen Development Bank's path to issuance was not smooth at first.
It could even be described as extremely tortuous and bumpy.
At the time of issuance, the par value of each original share of Shenzhen Development Bank was 20 yuan, and the issue price was 40 yuan, with a total of 675,000 shares issued.
At first, ordinary people didn't understand. They wondered what was going on, that a 20-yuan note was being offered for 40 yuan.
Isn't this ridiculous?
Back when you could buy a handful of plums for a penny or two, you could hold a 20-yuan Shenzhen Development Bank stock and ask someone for 40 yuan.
If they don't beat you up on the spot, it's because the salesperson is sweet-talking.
Who would want to buy something that's been discounted by half for no reason?
Therefore, the vast majority of Shenzhen Development Bank's original shares were purchased by internal employees and their relatives.
Some people also bought some because the dividends were higher than bank interest rates.
Later on, the dividends were actually delivered to ordinary people.
People take one look and think, "Hey, this is pretty good. If we buy it and hold it for a few years, we can break even, and the dividends we receive afterward will be pure profit."
Where there is demand, transactions will naturally follow.
However, there was no securities trading market before 1991.
Some people were lured to vegetable markets and parks to trade stocks.
Gradually, a unique stock trading market was formed.
The vast majority of the original shares in the "Old Eight Stocks" were traded in such places.
The stock market that Chen Dong was referring to was the park.
"Brother Dong, we don't understand the stock market you're talking about, but I know that following you is the right thing to do. We'll do whatever you tell us to do."
Several people stared intently and echoed his sentiments.
"Brother Fei is right!"
"Exactly, why think so much? Do you think Brother Dong would cheat us?"
Hearing this, Chen Dong felt a warmth in his heart. Without explaining, he glanced around and smiled.
"Stop flattering me. You'll understand what's going on once we get to Shenzhen."
"Alright, it's getting late. Let's hurry up and pack our luggage. The plane won't wait for us."
Upon hearing the word "airplane," their eyes lit up.
This is my first time ever flying.
When we get back to X City, I'll tell Xiao Liu and the others about it, and they'll be green with envy.
......
After getting off the plane.
No!
To be precise, Chen Dong began to regret it the moment he saw the plane.
Y-7 passenger aircraft.
This is fucking ridiculous!
It's such an old relic.
If Chen Dong had known it was this kind of plane, he would never have taken it.
The Y-7 is a 50-seat passenger aircraft, developed and manufactured based on the Su-24, and is a twin-engine turboprop medium- and short-range transport aircraft.
The passenger cabin is 10 meters long, 2.76 meters wide, and 1.86 meters high, with a luggage compartment volume of 11.25 cubic meters.
in other words.
Taller people need to duck their heads the entire time they enter the cabin.
The cabin space is cramped, so comfort is questionable, and the noise level is extremely high.
At that time, airfares were not cheap at all, and those who could afford to fly were mostly government officials, businessmen, and foreigners.
Because he was carrying 720,000 yuan in cash, Chen Dong was told before boarding the plane that he would have to pay more than 2,000 yuan in excess baggage fees.
Hearing this, Chen Dong was speechless.
It can be said that the harm was not great, but the insult was extremely strong.
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