The Sitong Money House branch in Wofeng City was also packed with people.
The Sitong Money House here was established not long ago and has only issued six types of stocks, two of which are officially issued, but this has not affected everyone's enthusiasm.
After all, neither the indigenous people of Wofeng City nor the immigrants from various parts of the Yu Dynasty had ever seen this thing.
Zhang Wenhui and others are naturally here too.
Firstly, I wanted to see how the stocks of my listed company were selling, and secondly, I wanted to see with my own eyes how the stock trading was actually going on.
Zhang Qiyue, Wang Chaofeng, Sima Tao and others had already arrived here. They were all looking at the wall of the trading hall. At this moment, the people from Sitong Bank were updating the stock prices.
"Wow, Xiangtai shares are rising dramatically! In less than an hour, 5,600 shares have already been traded, and the price has risen to four taels of silver!"
"Jinxiu shares are performing very well. I originally bought 1,200 shares, and they've tripled in value!"
"The best ones are still Daoqiao shares issued by the government. It's a pity that I didn't buy enough at the beginning."
Wang Sun Wuya and the other young men stared at him in amazement. He suddenly turned to Sima Tao and said, "I don't know how the stocks of Shangjing Sitong Bank are doing. We bought a lot of them in Jinling back then."
"If this place can see such crazy growth, let alone Jinling City, it must be even more severe than here!"
As the data was updated again and again, people in the trading hall became more and more crazy.
Many of them bought dozens or even hundreds of shares simply because they thought it was something new and interesting, just to have some fun, but they didn't expect the returns to be so high.
Many people then beat their chests and lamented, "Brother Li, I regret not listening to you. If I had bought 10,000 shares of Daoqiao Shares in just one or two months, I would have made a full 40,000 taels of silver if I sold them now!"
"Haha, Brother Chen, there's no such thing as regret. I bought 20,000 shares of Daoqiao and another 5,000 shares of Piaoxiang. Not bad, not bad. I'll sell them now. I'll invite you to try the Jiangnan cuisine at the newly opened Sifanglou!"
Chen Qingyi, the head manager of the Sitong Money House, was paying close attention to the performance of each stock. He was naturally surprised that the stock price would rise so quickly, but he was also more worried about a collapse.
What if this is just a flash in the pan... he can't imagine the consequences.
But by noon, the rise of these six stocks slowed down, but none of them showed signs of falling.
Stock trading was most frequent in the first hour, but it decreased by more than half in the next hour. By noon, almost no one was selling anymore.
As long as the price remains stable, the fluctuations will not be too big during the two hours of trading in the afternoon. This means that people have accepted this thing and are willing to hold it for a long time.
At this moment, there was a sudden commotion in the hall. Chen Qingyi's heart tightened. He looked out from the counter and then laughed.
Ding'an Bo is here!
After a brief commotion, the people in the trading hall naturally split into two sides and made way.
Fu Xiaoguan walked in with a happy face under the protection of Ning Siyan, Zhang Pei'er and Xu Xinyan.
As he walked, he bowed to the people on both sides and said, "Everyone, I hope you can make a lot of money, but I have something to say to everyone..."
He walked to the center of the hall and stopped. "The stock market is risky, so be cautious when investing. No stock will soar to the sky, but it is very likely to plummet. So everyone... I advise you to stop while you're ahead. It's better to put this money in your pocket and put it safely!"
Chen Qingyi was shocked. Was this Uncle Ding An here to destroy his family's business?
When he said this, didn't he encourage these people to sell in large quantities?
If no one takes over, the stock price will plummet!
Sure enough, after Fu Xiaoguan finished speaking, many people looked at each other, as if they thought what he said made a lot of sense, so some people were ready to sell the stocks they were holding.
But Fu Xiaoguan walked straight to the counter, looked at Chen Qingyi and smiled, "Qingzhou Shipping, buy me one million shares!"
His words immediately reached the ears of many people, and the onlookers were immediately stunned.
No, Lord Ding'an asked us to sell, but he himself was buying. What does this mean?
By the way, Qingzhou Shipping is a newly issued stock and is not listed for trading today. So, is Ding'an Bo optimistic about Qingzhou Shipping?
Many people have spent a lot of time researching this stock, but in the end they were not optimistic about it.
Why?
Open up the Xima River into a Grand Canal... It runs from Lanling City into the Yangtze River, and covers an area of more than 800 miles from east to south. How long will it take to be built?
Besides, digging a river channel is not as simple as building a road. The prospectus of Road and Bridge Corporation states that it will take about three to five years to build the entire Wofeng Road road and bridge network, and the income will come from tolls.
This profit has been calculated by someone. After one year, the commercial layout of Wofeng Road will be basically completed, and the output of the workshop will surely be huge. Based on the charging method of charging every hundred miles, it will probably take only two to three years to recover the investment, and the Daoqiao shares held will be able to share a lot of dividends.
But the Southeast Grand Canal...will take eight years to build!
By then, a shipping department will have to be established, a lot of merchant ships will have to be built, and a lot of sailors and ship workers will have to be recruited. Even if the calculation is unclear, the profits will definitely be huge. After all, the goods from Wofeng Road can reach various places in the Yu Dynasty faster by shipping, but the cost is difficult to calculate.
The time to recoup the investment is even more difficult to predict.
This becomes an unpredictable thing. Once you hold Cheongju Shipping's stocks, it is very likely that you will have to hold them for ten or eight years before you can see any returns.
It’s not worth it!
But Ding'an Bo went there today and bought one million shares... Ding'an Bo seemed to have bought 200,000 shares of Luqiao shares. Is he more optimistic about Qingzhou Shipping?
Many people are now thinking about whether we have fallen into a misunderstanding?
All the goods from Wofengdao will be gathered in Lanling County. I heard that Lanlingyuan is building a huge logistics port to store the goods from Wofengdao.
If these goods were to be shipped to various parts of the Yu Dynasty, traveling by water would obviously save at least half the time.
Once the canal is connected to the Yangtze River, won’t shipping be very busy?
Each ship carries a huge amount of silver, which cannot be compared with the toll collected.
It must be like this!
Ding Anbo still has a long-term vision!
Since Earl Ding'an is optimistic about Qingzhou Shipping, you can't go wrong if you follow him and buy it!
As a result, not only did the sell-off problem that Chen Qingyi was worried about not happen, but many people flocked to the counter, vying to buy Qingzhou Shipping.
Chen Qingyi was completely bewildered...
In the following three days, 30 million shares of Qingzhou Shipping were sold out in Wofeng City!
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