Chapter 269 Shanghai and the Stock Market



However, this atmosphere alone is enough to surpass any video game arcade in China back in 1992.

"Teenage Mutant Ninja Turtles? What are those?"

Qian Feng picked up a yellow cassette tape and watched it repeatedly.

The cassette tapes Lin Yifeng had prepared inside were all things they had never seen before.

"You'll see when you play it!"

As he spoke, Lin Yifeng led the six people up to the second floor, turned on the air conditioner first, and then turned on the television.

With a "hum," the sound of transistors being powered on came through, and the game console's logo appeared in front of them.

After Lin Yifeng briefly taught the group how to change the cassette tape, everyone had a great time.

Even at dinner time, the six of them unanimously decided that none of them would go home that night, and they would stay here and fight until dawn, ordering Wallace coffee when they got hungry, which was quite reminiscent of an all-nighter at an internet cafe.

Lin Yifeng was at his wits' end looking at this group of internet-addicted teenagers.

On the third day after the machine returned.

Lin Yifeng announced the opening of two new stores in Makino City.

One is a console gaming arcade specializing in console games and Three Kingdoms Kill, while the other is a game arcade featuring only the latest arcade machines.

On the opening day of the two stores, many of Longteng Games' regular customers came to experience them.

The group raved about the console and the new arcade machine.

Especially at the game console hall, all eight seats and four private rooms for the game "Three Kingdoms Kill" were completely full on the opening day, and Lin Yifeng's prices here are not low.

Both the main game and the private room for Three Kingdoms Kill cost two yuan per hour, and the renewals and reservations just keep coming in.

Most importantly, these stores are open 24 hours a day.

Based on the trend at the game center, Lin Yifeng and his team should earn at least 400 yuan a day.

The machine alone can earn around 3,000 yuan a week, not including the snacks, drinks, and other items sold in the store.

In just over a week, Lin Yifeng was able to earn back the principal he had invested in the shop.

The store's immense popularity left Xu Qingyi and Guo Fengsheng, who came to visit on opening day, completely dumbfounded.

"Brother Feng, is this considered picking up money off the ground?"

Xu Qingyi stared blankly at Lin Yifeng.

Even Guo Fengsheng found the potential profits somewhat terrifying.

If you were to ask them about their Wallace and Mixue Ice Cream shops in Shanyang City, you'd probably only earn a little over 3,000 a month.

The arcade that Lin Yifeng casually opened immediately caught up with their monthly revenue.

This also gave Guo Fengsheng a new understanding of the spending power of this group of people who are addicted to games.

Lin Yifeng simply smiled without saying a word.

If these two knew that a mobile game could generate billions in revenue in the future, their expressions would probably be even more varied than they are now.

Of course, that's another matter altogether.

Although the opening of the two new stores has depleted some of Lin Yifeng's cash reserves, given the trend of these two stores earning over ten thousand yuan a month, he will probably be able to earn back all of his principal in no time.

Meanwhile, on the other side...

The renovation at Pang Donglai has also come to a near completion.

With Donglai joining them, their recruitment of shop owners progressed by leaps and bounds. In addition, with Guo Fengsheng helping to screen employees, Pang Donglai only had the finishing touches to complete after its opening.

Lin Yifeng has almost finished with his current tasks and is now preparing for his next project.

Let's go to Shanghai!

After witnessing the frenzy of people in Shenzhen over the "get-rich-quick" certificate, Lin Yifeng was reminded of Shanghai, a city experiencing rapid economic growth in the same era.

In 1992, Shenzhen's development speed was already among the best in the country.

As for Shanghai, which is also a special economic zone, it's even more unimaginable.

In 1992, Shenzhen's total economic output was 31.2 billion yuan, which already surpassed countless cities in China, and was even almost two hundred times that of their Muyang City.

Back then, Shanghai's total economic output had already reached 111.4 billion yuan, ranking first in the country.

To put that into perspective, one Shanghai is equivalent to three and a half Shenzhens, or more than three hundred Muye cities.

This disparity has led many to aspire to live in Shanghai.

Back then, the most famous cities were "Beijing, Shanghai, and Guangzhou," with Shanghai and Guangzhou being the two most prominent cities.

Of the three cities, Lin Yifeng is not particularly interested in Beijing at the moment, he has been to Guangzhou twice, but he has never been to Shanghai.

Returning from Shenzhen also sparked Lin Yifeng's idea to visit Shanghai.

He has almost finished his current tasks and now has some free time to go out for a walk.

Lin Yifeng also planned to check out the stock market in Shanghai during this trip.

Compared to Shenzhen's securities trading, Shanghai has a much more farsighted grasp of these matters.

Since its opening in the late 1990s, it has been under strict control.

As the first stock exchange in China, it has received great attention from the government.

Lin Yifeng also planned to take a stroll over there to see if there were any opportunities.

However, Lin Yifeng's trip to Shanghai this time was more of a tourist trip.

After making the decision, he first returned to Stone Village to inquire about Bai Yejin and the others.

He planned to take Bai Yejin and Xiuxiu to Shanghai for a good time.

Bai Yejin was also shocked to hear that Lin Yifeng was going to Shanghai.

However, Bai Yejin quickly rejected Lin Yifeng's idea.

The final exams are coming up soon in Stone Village. If she and Lin Yifeng go to Shanghai, then Zhou Xuelan will be left to be in charge of the entire school alone.

Bai Yejin didn't want to enjoy herself alone outside, so she let Zhou Xuelan work hard teaching students here.

Seeing that Bai Yejin was unwilling to go, Lin Yifeng could only turn his attention to the others.

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

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