Chapter 56 The stock market is risky; proceed with caution!



"Investing in the stock market involves risks; proceed with caution."

"......"

Chen Dong's words were like thunderclaps, constantly ringing in my ears.

As a result, the fragrant instant noodles tasted like chewing wax, with absolutely no flavor.

The stock market has seen a sharp rise recently.

It's like fertilizing a plant; it keeps rising without any sign of falling.

Wang Meng discovered this a couple of days ago.

Shenzhen Development Bank's stock price fell slightly because Shenzhen Yuanye is about to be listed on the over-the-counter market.

Some investors without capital are forced to sell some of their Shenzhen Development Bank shares to raise funds to buy Shenzhen Yuanye shares.

Wang Meng, who was wealthy and powerful, scoffed at this.

If you don't have money, what are you going to do with stocks?

The decline in Shenzhen Development Bank's stock price lasted only two days.

Two days later, Shenzhen Development Bank's stock price not only recovered its losses but also surged upwards.

The price of a share has risen from 80 yuan to 90 yuan, and the upward trend shows no signs of slowing down, and even shows an accelerating upward trend.

In just a few days, it will be the day for Shenzhen Development Bank's stock to go ex-rights and issue new shares.

Before the rights issue and subsequent rights offering, it's not impossible for the share price to rise from 80 yuan to 160 yuan, doubling in value.

Based on the current increase of over ten percentage points in Shenzhen Development Bank's stock price, and assuming Chen Dong buys 5,000 shares...

In just a few days, he didn't have to do anything; he simply sold his 5,000 shares of Shenzhen Development Bank stock, and that single transaction yielded a profit of 50,000 yuan.

But clearly, Chen Dong wouldn't do that; this is nothing!

Selling it now would truly be a case of "picking up sesame seeds but losing a watermelon."

Wang Meng had the same idea!

But now...

Chen Dong's words stirred up quite a bit of emotion within him.

After expressing his gratitude repeatedly, Wang Meng, accompanied by two bodyguards, returned to the group.

It was late at night.

The entrance to the securities company was bustling with activity, yet it didn't feel lonely.

The streetlights along the road chased away the darkness, and several police officers patrolled back and forth, so there was no need to worry about petty theft.

In the early days, the circle of stock market investors was very small, and there weren't many people they could communicate with.

It's common for stock market investors to know each other, and even work at the same company.

The vast majority of stock market investors enter this industry under the guidance of people around them or relatives and friends.

These were also among the earliest individual investors in Chinese history.

"Old Wang, it really is you! I recognized your back view earlier, but I didn't dare to come over and acknowledge you. I have to say, you're really something, bringing your wife along too. With your whole family involved, you're destined to make a fortune!"

"Haha, let's get rich together! But Lao Li, why are you so late? Didn't I tell you this morning?"

Upon hearing this, Old Li sighed and said with a bitter face.

"Don't even mention it. I had already agreed with my neighbor, Old Zhang, to help look after the kids for a few days. Now that I've made some money, I won't treat him unfairly."

"Who would have thought that Old Zhang would be so dishonest? He changed his mind at the last minute, saying that his whole family also wanted to buy stocks. Isn't that ridiculous? Why didn't he do that earlier?"

"In the end, I had no choice but to send my child to my father-in-law's house for a couple of days. It was a round trip of dozens of kilometers, and by the time I got there, I was already at the very back of the line."

After listening to Lao Li's story, Lao Wang sighed, and the people around him shook their heads.

This is really hard to criticize, and it's hard to say who's right and who's wrong.

"Old Li, don't take it to heart. No matter what, we're still neighbors. Don't ruin our relationship."

"Let's not talk about this anymore. Right now, I just hope I can buy Shenzhen Yuanye's stock this time. We can talk about other things later."

Upon hearing this, Old Wang didn't know how to respond.

This is just a microcosm of the securities market.

In their pursuit of wealth, they've done even more outrageous things...

"Dong-ge, are you sleepy? If you can't, go sleep in the van for a while. I'll keep an eye on things here."

Ah Long said with concern once again.

"Okay, I'm going to rest for a bit. Remember to call me if you need anything!"

This time, Chen Dong didn't refuse. He was indeed feeling sleepy, and before leaving, he gave some instructions.

"It will take another day and night before Deepfield's stock is listed for trading."

"If you get sleepy or tired during this time, take turns to rest."

"After this is over, in addition to a big bonus, I'll give each of you three days off, without deducting any wages!"

As soon as Chen Dong finished speaking, the new employees exclaimed excitedly.

"Boss, we're not sleepy."

"That's right, what's two days without sleep? Boss, don't worry, we guarantee we won't let you down."

Chen Dong looked at the new employees in front of him, who seemed to have been injected with chicken blood, and smiled helplessly.

People who come from the military are really different; they're in really good shape!

......

One day later.

"Sow a single millet seed in spring, and you'll reap ten thousand bushels of grain in autumn."

Just after 7 a.m., a host was already enthusiastically promoting the securities company from the entrance.

They talked about the company's strength and background, its products, positioning, and production capacity, and finally boasted that they would become the world's number one apparel company.

The extremely inflammatory words, coupled with the giant poster behind the host.

The dense crowd was shouting excitedly.

In reality, this is just empty promises!

This is also a common tactic used by many company owners in later generations.

In this day and age, this kind of rhetoric is no less than a large-scale brainwashing session.

Not to mention novice stock investors, even seasoned stock market veterans were thrilled to hear this.

"The door is open! The door is open!"

This chapter is not finished yet. Please click on the next page to continue reading the exciting content!

Continue read on readnovelmtl.com


Recommendation



Comments

Please login to comment

Support Us

Donate to disable ads.

Buy Me a Coffee at ko-fi.com
Chapter List