The establishment date of the stock exchange is set for next Wednesday. On November 26, 1990, the Shanghai Stock Exchange was established in the Shanghai New District, marking the official establishment of the first stock exchange in China. The establishment of the Shanghai Stock Exchange marked an important start for the domestic capital market.
The Shanghai Stock Exchange officially opened for business on December 19, 1990, with only eight stocks listed: Shanghai-based Yanzhong Industrial (), Vacuum Electronics (), Feilo Audio (Xiao Feilo), Aishi Electronics (), Shenhua Electric (), Feilo Shares (Da Feilo), Yuyuan Shopping Mall (), and Suzhou-Hangzhou-based Phoenix Chemicals ().
With the listing of stocks on the stock exchange, a stock speculation craze broke out in the Shanghai Stock Exchange, and the country entered its first bull market stage. At this time, whatever you bought would rise in price, and many people in the Shanghai Stock Exchange made their fortunes by relying on stocks.
At the same time, the Shenzhen Stock Exchange was established on November 15, 1989, and began centralized trading (trial operation) on December 1, 1990. It was approved for establishment by the People's Bank of China on April 11, 1991, and was officially established on July 3 of the same year.
At this historic moment, the two major stock exchanges in China were successively established, like two bright pearls shining on the map of China's economy.
This milestone event not only means that the domestic capital market has officially embarked on its journey, but also indicates that China is closely integrated with the international financial market.
At the same time, the two cities of Shenzhen and Shanghai have rapidly risen to become the most watched focus in the country with their unique advantages.
However, thousands of miles away in Tibet, the young master of a wealthy family who had been imprisoned had just escaped from prison. After many hardships, he relied on the help of other forces to reach the bustling Shanghai.
The moment he stepped out of the train station, the scene before him left him dumbfounded and incredulous. For at that very moment, ordinary people in Tibet were just beginning to engage in small-scale business activities, while this magical city, Shanghai, was already striding forward towards its goal of becoming an international metropolis.
Looking at the busy streets, the high-rise buildings and the bustling crowds, the young master was deeply shocked by such a huge contrast.
Just as he was immersed in this strange yet vibrant environment, a familiar figure appeared in front of him.
It turned out that his second brother's secretary had come specially to greet him. The secretary knew very well the hardships that the young master had suffered over the years, and had specially arranged for him to come to Shanghai to broaden his horizons, hoping to help him gain a new understanding of his future development path.
Looking back, their entire family might never have anticipated that just a few decades would bring about such earth-shaking changes.
The beliefs and traditions that we once upheld seem somewhat ridiculous under the impact of the tide of the times.
But no matter what, facing this new world, the young master is determined to move forward bravely and explore his own world.
At this time, Yue Yue and Gu Changmu came to the newly built property that Grandpa Gu had recently purchased for them in Shanghai.
The location of this house is excellent. It is not only close to the university, but also close to the hospital.
With the official establishment of the exchange, Yue Yue and Gu Changmu, who had been on edge, could finally breathe a sigh of relief.
You know, since they came to Shanghai in 1986, there has not been a single easy day in their lives.
Now, time has quietly passed to 1990. Counting on their fingers, they have actually spent nearly five years in this bustling city!
During this long period of time, various things happened one after another, and there were many thrilling moments.
Fortunately, every time they face a crisis, they can always rely on their own wisdom and courage to overcome the danger, and ultimately successfully complete the difficult tasks assigned by their superiors.
Now that the stock exchange has finally been established as they wished, those busy people like them can finally get a moment of respite.
So, today Yue Yue and Gu Changmu decided to put down all the work at hand and go around Shanghai to take a look.
After all, the stock market has been booming in recent days, showing a prosperous trend.
Even wealthy families like the Ye family and Mr. Gu spent huge sums of money to buy a large number of stocks.
The reason why the Gu family was able to seize this investment opportunity so accurately is naturally inseparable from its correct choice of political stance - the Gu family successfully stood on the right side.
Because of this, Mr. Gu's position in the capital has become increasingly stable and his influence has grown; at the same time, Gu Changmu's position in the Foreign Trade Department has also been completely secured, and he no longer has to worry about anything.
I have to say that this family has really caught the strong momentum of the times!
Who could have imagined that they had spent such a long time in that remote countryside? Yet, time had passed, and now, like a phoenix rising from the ashes, they had soared to the sky, a jaw-dropping sight!
This really proves the old saying: "Fortunes come and go, and this year it's my turn!"
After experiencing countless ups and downs, they finally ushered in their own glorious moment, and can temporarily stop their hurried steps and enjoy a moment of peace and comfort.
So, they decided to relax their body and mind and revisit the place that carries their past memories - the small village where they went to the countryside.
For Gu Changmu, there are not only his unforgettable youth years, but also a group of good brothers who once fought side by side with him and depended on each other for life and death.
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