Investment Life

CHAPTER 27

June passed in an instant. The new stock market listings were a great success and the market was slowly pulled back by upward trends.

Xiao Yun watched the market every day and felt a bit more comfortable. After Chen Yuanming had conducted his operation on the market once, he had also gradually noticed some clues on the stock market. Certain trades were not normal in volume and price ratio, but current speculators were betting highly on them. However, the rise of new stocks was unstoppable, and no one will do anything stupid under such profitable circumstances.

However, other than the current Shanghai stock market, another piece of news quietly entered his purview.

Within the first ten days of August, the Shenzhen Stock Exchange will also imitate Shanghai and hold a new share certification lottery. This time, the lottery in Shenzhen was larger in scale and at a higher grade. It was said that national ID cards could be used. Though the specific price and quantity of the subscription certificates was not yet disclosed, it was however a certainty that an ID card would be required for purchase.

Because of Xiao Yun's amazing gains in the stock market, some of his relatives and friends had become agitated. Like a prairie that had been disturbed by a gust of wind there was a lot of turmoil beneath the surface.

As early as three days ago, a friend had asked him to accompany him to Shenzhen, but since the Shanghai side was experiencing a good market rally, he was a bit reluctant to leave. He had hesitated for a few days but now, seeing that even the old stocks were generally rising, he finally made a decision.

"Are you going to Shenzhen?" Chen Yuanming looked up from reading today's newspaper and watched the man in front of him in surprise.

Xiao Yun leaned back on the sofa and exhaled in vexation, "I really don't know what to say about you otherwise I will go crazy. Are you playing dead or something? How old are you this year? How about you show a little more excitement, ok?"

Chen Yuanming thought for a moment, "I'm 16 years old, if you had not mentioned it I would have forgotten. My birthday passed a few months ago..."

"You!... Forget it! Just tell me, should I go to Shenzen or not." Xiao Yun waved helplessly. This boy was obviously only a few years older than his own son, but why was he so strange? After buying the new shares he had once again adopted the attitude of an old monk. If he couldn't buy a stock, he would simply drink tea and keep an eye on the market. Xiao Yun couldn't be as leisurely and carefree. Now, even telling him such an important thing couldn't attract his interest. Was this a trader burnout in effect?

"Shenzhen ..." Chen Yuanming closed the newspaper in his hand, and his expression sank a little. "Do you really want to go? Are you relying on a lot of ID cards, or do you want to get involved personally?"

"Of course, I have to go. I let things slip Shanghai. Can I afford to also let things slip in Shenzhen? I didn't sell all the old stocks I had yesterday, and I also plan to have people collect ID cards. I should collect more than 1,000 ID's which should be enough."

"Why are you not relying on a relationship? I mean, you should just go if you want to go, however, I think it's best to give up this hand. I'm afraid you'd be unable to bear it...." Chen Yuanming's mouth displayed a playful smile. His words were saying yes but his tone was the opposite.

Xiao Yun raised an eyebrow. What did this mean? It didn't sound right ...

"What? This time you don't have a high opinion of Shenzhen? Isn't Shanghai doing well?"

"It is because Shanghai is doing so well." Chen Yuanming replied lightly. "I entered the market with just a little more than 300,000 yuan. How much money do I have now? This subscription certificate lottery is so profitable that it has reached the point of madness. In other words, if capital can gain a 50% profit, people will take risks; if it gains a 100% profit, then people will dare to trample on all human laws; if it has a 300% profit, they will dare commit any crime and even risk being hanged. What is the profit of the stock market now ... "