"Chief Xu, have you heard the saying? I'm afraid of others' greed, and I'm greedy when others are afraid."
"No, was it in this morning's Financial Times?"
Li Cheng smiled and said, "How could such a statement appear in a regular newspaper? However, I did read the paper this morning, and at the bottom of the financial section, there was a sentence saying that the number of stock investors in our country has reached 70 million."
Old Xu stared at Li Cheng and thought to himself, I've read all the financial pages, and there doesn't seem to be this sentence!
Li Cheng's hand was still covering the screen. "Chief Xu, think about it, 70 million shareholders. Each of these 70 million people has a family. If each family has three people, that's more than 200 million people..."
Before Li Cheng could finish, Old Xu interrupted and said, "There are four people in my family."
"Yes, your family has four people, which is one more than some families. Let me ask you, if your family knew you cut 40,000 yuan worth of meat, would they feel bad?"
"It hurts, of course I don't. I won't tell them."
Li Cheng smiled and said, "Not telling them is one thing, but actually losing 40,000 yuan is another. Let me ask you, will they be happy if you take 40,000 yuan home?"
Old Xu straightened up and said, "I'm happy, of course I'm happy."
"That's it. Listen to me, don't sell your losses now. Use the rest of your money to buy stocks. Buy the stocks that have fallen the most. I guarantee that not only will you get back the losses you've already lost, but you can also make tens of thousands more."
Hearing this, Old Xu was stunned. But seeing Li Cheng's confident look, he was a little moved.
"You promise?"
"I promise."
After saying that, Li Cheng took his hand away, and the transaction screen appeared in front of Lao Xu.
Seeing that Old Xu was still hesitant, Li Cheng whispered, "Seventy million stockholders affect over two hundred million people. Most of these two hundred million people live in cities. Think carefully about what the country will think at this moment. I've heard that the Ministry of Finance is considering supporting the stock market."
This was just Li Cheng's own nonsense, and years later, it has not been confirmed. But Li Cheng did say this in 1999.
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