Nowadays, everyone in the port city is involved in stock trading. Many people call themselves stock market gurus and want to get a share of the profits. However, most people end up losing everything. During the stock market crash, Tiantai Mountain was packed with people, most of whom were retail investors.
Chu Yu knew the nature of the port city market, so she wasn't in a hurry to invest. Instead, she wanted to study the market situation. Over the years, Chu Yu had been reading books related to the stock market, and she also had some basic knowledge of the stock market.
The mainland stock market is still in its infancy, while the Hong Kong stock market is free and mature. Chu Yu was full of curiosity about the Hong Kong market. She wondered if she should give it a try. Although she didn't know much about the history of the Hong Kong stock market, she had a trustworthy team around her. If she could make some achievements in the Hong Kong stock market...
The money in your hands could not only double, but could potentially increase dozens of times.
Many people have become billionaires through stock trading.
But what's that saying again? You want other people's profits, but they're after your principal. Many big players make money by exploiting retail investors, and Chu Yu doesn't want to do that. She wants to make money legitimately in the market.
Chu Yu had only taken a few steps when the man stopped her. She assumed he had lost everything in the stock market and was now homeless, so she glanced at him.
To everyone's surprise, the man stepped forward, handed her a card, and said, "Miss, do you need your air conditioner fixed?"
Chu Yu was stunned for a moment. Looking at the four words "Honest Repair" on the card, she realized that she had misunderstood him. Chu Yu thought he was studying the stock market because he was writing and drawing. Who knew that he was just an air conditioner repairman?
Okay, Chu Yu admitted that he had misjudged the situation. He nodded, and it really was a coincidence that the air conditioner in Chu Yu's office broke down that afternoon.
Whenever Chu Yu came to Gangcheng, she would visit Hua Lai's office. Hua Lai's office had been under renovation for several years, but Chu Yu didn't come there often. Home appliances get better the more you use them, and the less you use them, the more likely they are to break down. The air conditioner in Chu Yu's office wasn't used often, so it wasn't very effective. She took out the card for the air conditioner from her pocket and called the person who provided it.
The other person arrived quickly. He looked at Chu Yu's air conditioner, took out a screwdriver from his tool bag, and tightened it.
"alright."
Chu Yu was taken aback. "No need for repairs?"
The other party smiled easily and said honestly:
"No need, it's just that the screws were loose. You can just reimburse me for my travel expenses."
Labor costs are very high in the port city, and air conditioner repair is a lucrative business. At least in my previous life in Chuyu, whenever the air conditioner malfunctioned, regardless of whether there was a problem or not, the repairman would treat it as if there was a problem and quote a very high price.
Chu Yu was prepared to pay, but the other party only asked for thirty yuan for the taxi fare.
Chu Yu stared at him for a while. The man was wearing a company uniform, but it was worn under a repairman's coat, so it was hard to see clearly. The name of a securities company was vaguely visible. Was a securities company employee here to fix the air conditioner?
As far as Chu Yu knew, everyone in Hong Kong in the 1990s was investing in stocks. It was a crazy era. The stock market created a group of wealthy people. Many well-known businessmen in later generations accumulated their first pot of gold in Hong Kong in the 1990s and became world-renowned tycoons through stock trading.
The stock market is a place of gambling, and Chu Yu dares not say that she is an expert. Even if she has lived a lifetime longer than others, she may not be able to win big in the ever-changing stock market.
"Are you a long-time employee of the securities company?"
The man lowered his head and remained silent, looking somewhat flustered. "No, I'm just an air conditioner repairman."
After the man left, Xiaomi came in and whispered:
"Mr. Zhou, this is Mr. Chen. He is a well-known private equity tycoon in our city. However, he was imprisoned for several years a few years ago for some unknown reason before he was released."
How did you know?
“I saw him on the news before, and I remember what he looked like. I heard he was very good at stock trading. He started with 30,000 yuan and eventually amassed a fortune of over 10 billion yuan. All his money came from the stock market. However, after he was arrested, his wife divorced him and took all his assets. This caused quite a stir because his ex-wife got together with his former business partner. After Chen was released, he went to see his ex-wife and was tracked down by tabloid reporters. Chen was furious at the time, and his wife called the police to settle the matter. Chen's business partner was his cousin, whom he had personally mentored, but he betrayed Chen, slandered him, and made Chen talk back. In the end, Chen was imprisoned and served several years in prison.”
Chu Yu nodded, not taking Chen Sheng seriously.
She plays the stock market honestly. Even if a big shot like Chen Sheng loses all his initial capital, he won't become an ordinary person. He's just making a living by repairing air conditioners, so there's no need to take him too seriously.
Everyone needs a transition period, right?
Chu Yu had Xiao Mi chase after Chen Sheng and gave him a thousand yuan. Chen Sheng was stunned for a moment, and Xiao Mi smiled and said, "Our boss Zhou said that this is what you deserve. Thank you for coming to fix the air conditioner. We will come to you again if we need anything in the future."
Chen Sheng understood what was happening, and walked away with his head down.
The next day, Chu Yu took his team to a house near the Hong Kong Stock Exchange. From there, they could see all the exchange's information for the day, including changes in stock prices on the exchange's screens. This could be done with binoculars from the house Chu Yu rented.
In the pre-internet era, much information was opaque, and information asymmetry was crucial. Chu Yu chose this location because she hoped to obtain transaction information in Gangcheng as quickly as possible.
If Chu Yu wants to make money in the stock market, he must find his own way.
She wanted to target companies with unstable ownership, like the company called Meigao that Chu Yu had her eye on today. Due to disagreements among its investors, one of them sold, causing the stock price to plummet from 4 yuan to only 80 cents.
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