Chapter 20 Stock Market Storm



Confirming that the century-long acquisition war of Hutchison Milk had begun, Su Yun pushed Grandma Su to the nearest Kowloon Stock Exchange after the exchange opened.

Normally, today is Monday, and as an elementary school student, she should be attending classes at school instead of trading stocks - however, this great opportunity was too good to miss, so as early as the end of summer vacation and the start of school, Su Yun submitted an application to Zheng Guoguang for a one-semester leave of absence.

The reason is to take care of my grandmother who has difficulty moving due to surgery.

Zheng Guoguang understood very well, but also felt a little sorry, so he thought of a way for Su Yun: based on Su Yun's previous top grades in the grade and overall championship in the knowledge competition, he submitted an application to the school for suspension of classes but not continuation of studies.

In this case, Su Yun only needs to study at home to maintain stable grades, and come to school every weekend afternoon to take some tests. After confirming that her academic level has not declined, she can come back and keep up with her classmates.

Fortunately, Xinhui Chamber of Commerce School is not a prestigious school with strict requirements. Su Yun's performance is already considered to be top-notch. In order to take care of her only elder relative, she had to temporarily sacrifice the "reasonable requirements" of her studies. The school considered it for several days and finally agreed to the application.

Su Yun is now quite popular in the surrounding school circles. If her application is not approved, some morning and afternoon schools of similar status to their school would like to extend an olive branch to Su Yun.

This kind of half-day school is one of the characteristics of Hong Kong's old-school schools. Apart from the difference in study time, there is no other difference from full-time schools. If the filial Su Yun is deceived by other schools with a small class hour discount, it will be a great loss for the Xinhui Chamber of Commerce.

It's just a matter of one semester. As long as her weekly test scores are stable, let her be.

Therefore, Su Yun "freely" pushed Grandma Su for a stroll everywhere under the resentful eyes of the two brothers Jiaju and Jiaxiang who were unwilling to go to school.

Grandma Su is currently making good progress in her rehabilitation treatment. With someone helping her, she can walk for a few minutes with a cane. The last time Su Yun took her to the stock exchange, they paid too much for a taxi, so this time she insisted on taking the bus.

Su Yun recalled the doctor's instructions and reluctantly relented.

The reason why Su Yun had to trouble Grandma Su to go out with her was because Su Yun was too young and could only use Grandma Su's stock account - yes, stock speculation was popular these days, and Grandma Su used to occasionally use her meager savings to buy some stocks with the vegetable vendors in the market to make a little money.

Looking around, the stock market is booming. Driven by the promise of ten or even dozens of times the returns, people all over Hong Kong have the desire to get rich by investing in stocks written on their faces.

Not only the neighbors but also the Wang family thought it was quite normal for someone like Grandma Su, who had limited mobility, to go to the stock exchange to check stocks: although Su Yun had just received a lot of scholarships, after going through this ordeal and the subsequent treatment, Grandma Su's income was definitely less than when she used to push a cardboard cart around to pick up cardboard and scraps.

Well, since you have nothing to do and you have to follow the doctor's advice to go out every day to exercise in the sun, why not just go to the nearest stock exchange and buy some stocks to try your luck.

A person who has no luck will never be rich. The enthusiastic neighbors even recommended several promising stocks to Grandma Su to try out, and they all patted their chests to guarantee that the stocks would rise and not fall. Their style of pointing fingers at the world was quite like those people in later generations who make a living by selling cabbages and do things in a white-hearted way.

Su Yun listened with a nod, then turned around and put aside those stocks with extremely low unit prices. After counting the money she had on hand and deducting the remaining rehabilitation treatment expenses for Grandma Su, she took advantage of the low price and directly bought three lots of milk stocks at 45 yuan per share, each lot containing 100 shares, for a total of 300 shares.

Grandma Su was a person who went with the flow all her life, but except for that one time when she realized she didn't have much time left and was forced to be brave, the rest of the time she unconditionally supported Su Yun, the good granddaughter in her mind: Grandma Su was not well educated, so she respected educated people very much, not to mention that Su Yun was her most beloved granddaughter.

Therefore, when Su Yun proposed to use most of the scholarship to buy stocks, she even asked if it was enough. If not, the family still had a little savings...

Su Yun: That’s enough, that’s enough - “Jiadi” takes the lead, and “Antenna” follows, and by the end of the year, my family will be definite millionaires!

As soon as the stock market opened today, milk stocks soared from 45 yuan to 188 yuan, more than quadrupling.

The scariest thing is, this is just the beginning.

And after people were delighted by the dream of milk stocks increasing more than once, an absurd reality of a 30-fold increase was about to happen.

If we dig deeper into the reasons, we will find that it is mainly because Hong Kong has, at this moment, become a city with huge capital under the impetus of the times, and therefore urgently needs an investment channel for people to gain profits.

Therefore, the stock market, an ocean where capital can roam, emerged in Hong Kong in line with the development of the times.

There is too much capital and too few stocks, and the contradiction between supply and demand has directly led to the entire market's trading volume hitting new highs under speculation. Any new stock can be speculated upon as soon as it is listed, and there are long queues of people waiting at the door of the exchange to buy it.

However, because manual registration is currently used, excessive trading volume has forced the stock market to only open half of the morning since the past few years, leaving the afternoon free so that the busy stock brokers can handle the backlog of transactions.

Taking this opportunity, Su Yun rushed to seize the opportunity and bought these 300 milk shares in the Kowloon Stock Exchange before the stock market started to go crazy.

Although the Kowloon Stock Exchange is the smallest of the four exchanges in Hong Kong, it is nicknamed "3.1 Exchange" by insiders, meaning that the trading volume of the Kowloon Stock Exchange is only 0.1 of the other three exchanges due to its weak new construction this year. However, this 0.1 of the capital wave is enough for countless grassroots families to seize the opportunity and soar in a short period of time.

When Hong Kong people are in trouble, they are really devastated; but when they are deifying others, they are also really crazy and enthusiastic.

Look, those who were optimistic about milk stocks in the past have all become the "housewife stock god", "grandmother stock god", "night watch stock god" talked about by the media and the public after this round of stock price surge... I wonder if these so-called stock gods will return with a full load in the end, or will flee in disgrace.

Su Yun is not a full-time financial professional. She was able to join the industry only because of the advantage of rebirth, so she had set a goal long ago: according to records, the stock price of the Dairy Company could soar to 290 yuan. So, when the stock price of the Dairy Company reaches around 280 yuan per share, she will start to sell it because she is not good at chasing ups and downs and other stock speculation operations.

"The share price of Hutchison Whampoa has increased by 10 yuan!" People holding Hutchison Whampoa shares began to rejoice after seeing the news released by the brokers on the blackboard.

"Someone is offering the milk stock at 196 yuan!" Following another call, investors holding milk stocks became excited after a moment of silence.

The entire exchange was filled with eager and excited faces.

Looking at the chaotic trading scene in front of him, Su Yun silently pushed the frightened Grandma Su out of the gate of the exchange.

It was not until the warm autumn sun outside shone on them that Grandma Su grabbed Su Yun's hand and said, "Nannan, just now, wasn't it, our stocks..."

"Yes, grandma." Su Yun whispered into Grandma Su's ear, "Our stock price has increased more than 4 times!"

Grandma Su took a deep breath and looked at Su Yun eagerly: "Then let's do next..."

"Wait a minute, this show is not over yet." Su Yun pushed Grandma Su and went against the current of the wave of crazy stock investors who came after hearing the news.

When I returned to So Uk Estate, everyone I went to was talking about the Battle of the Oxen.

"Is there any profit?" The Wang family was the only one who knew that the Su family had bought milk shares, but they did not ask for the specific amount, so they did not know how many times Su Yun's current wealth had increased.

"It's only around 190 yuan now, so there's some profit to be made." Su Yun said with certainty.

She knew the character of the Wang family very well. Although they were a little timid, they had a big conscience. After all, everyone made money in the stock market, so it wouldn't hurt to give them a hand.

The Wang family and their grown children looked at each other and were still a little hesitant: "How about... wait and see for a while..."

"Okay then." Su Yun smiled, turned around and went to the next room to rest with Jiaju and Jiaxiang, the two good brothers who didn't know what had happened.

The next day, due to the response from the dairy company, the stock price of Dairy Milk fell back to 191 yuan.

However, Swire Properties was not to be outdone. Stimulated by a series of acquisition news, dairy stocks rose again and closed at HK$228.

It was another weekend when the market was closed. Seeing the madness of the stock market, Wang raised some money and asked the eldest brother of the Wang family to take a leave. He followed Su Yun and Grandma Su to the stock exchange.

Here, the tug-of-war for acquisitions was raging on TV, and over there, the acquisitions of Dairy Farm and Hutchison Whampoa shares were being fought over at the stock exchange. Su Yun and the eldest brother of the Wang family looked up and stared at the blackboard, and at least they managed to grab 100 shares at a price of 230 yuan per share.

That night, the two families happily prepared a sumptuous dinner and fell asleep with the beautiful dream of following the soaring stock market.

On November 10, the Dairy Farm Company, which had been suppressed for a long time, finally made another move and directly announced that it would split the Dairy Farm Company's shares, 1 share into 5 shares, and then give 1 bonus share for each share after the split.

In other words, after the stock split and bonus issue, each share of Dairy Farm becomes 10 shares, which is an attempt to attract small shareholders: the stock market is currently entering a bull market period, and whenever there is a stock split and bonus issue, the stock price will inevitably soar.

After this announcement was made, the share price of the Dairy Farm Company soared sharply on the same day, rising to 290 yuan like a roller coaster.

"Right now! Sell all the milk stocks in your hands immediately!" Seeing that the time had come, Su Yun shouted hurriedly.


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