Rebirth: Back to 1991 as the richest man
Chapter 277 A legend is being created
After speaking on the southern tour, Li Minyang remembered that it was at the end of February that the first B-share was launched in Shanghai.
The establishment of B shares was to attract investment from international capital under the special background of foreign exchange shortage and foreign exchange control. Therefore, the Shanghai Stock Exchange released only 15 listed stocks and implemented T+0 trading rules.
Note: Until now, A-shares have been T+1. Now the stocks bought today can only be sold on the second trading day.
Under various favorable circumstances, the Shanghai Composite Index soared from 617 points to 1266 points that day, reaching a terrifying 105% increase in one day. In the following days, it reached a peak of 1429 points.
You must know that there were only a few individual stocks on the market at that time.
One of the market stocks even rose to more than 1 yuan. The 90 yuan in the 1s became the stock with the highest unit price in the Chinese stock market, and this record has not been broken in 23 years.
Only those who experienced it at that time know how shocking it was. The Shanghai Stock Exchange could not even display it because the maximum unit of the screen was only thousands.
Because there are more wolves than meat, the stock certification roll policy was introduced, which is equivalent to the lottery required to buy a house in Jingping in 23, and the lottery to get a car license plate.Of course, there is no bottom line in the winning rate for stock certification rolls.
Therefore, many people act as scalpers and resell stock certification certificates. At the highest price, the price reached 1 yuan, but at the highest market price in 92, the stock certification certificates were as high as 50 yuan.
These memories gradually emerged in Li Minyang's mind. What happened in the 90s was extremely exciting and exciting.
......
At [-] o'clock in the morning, Li Minyang arrived at the Magic City Airport. Xu Haibo had been waiting for a long time, and he still said the familiar caring words: "Minyang, are you tired?"
"Brother Xu, it's okay."
Li Minyang smiled and nodded, and the two of them patted each other's shoulders affectionately. Even if they hadn't seen each other for a long time, their relationship never felt a little rusty.
"Your sister-in-law has prepared food at home, let's go back quickly." Xu Haibo said while helping to carry the luggage.
"I have been thinking about the good food cooked by my sister-in-law, and I can finally eat it."
Li Minyang smiled.
Then the two of them took a taxi back to the alley. On both sides of the streets in the city, red lanterns were hung high, and vendors were shouting one after another. People selling New Year paintings, couplets, and window grilles could be seen everywhere...
Tomorrow is New Year's Eve.
Not only is Li Minyang busy, but the management of Chengde Foreign Trade cannot rest this year.
After arriving home, not only the three members of the Xu family, but also brother-in-law Guo Yushan were also there. The Eight Immortals' table had already been filled with dishes.
"Minyang, if you are still in Shanghai during the Chinese New Year, you must come and stay at home. Let's have the New Year's Eve dinner together."
Guo Yulian was very attentive, but she could clearly feel that she was more reserved than last time.
In fact, it's normal. Now Li Minyang's social status is all about profit, so it's easy to put himself in the position of a lower-ranking person.
"Okay, then sister-in-law, you will still have to entertain me according to the current standard, and I will have a table full of food."
Li Minyang joked and tried to close the distance, not wanting to have such a sense of distance between him and Xu Haibo.
Guo Yushan was still able to let go, his hands hanging on Li Minyang's shoulders, and he kept drinking.
I have to say that the chicken, duck, and fish meat these days are really fragrant and delicious. They are not quick-raised, they are all fed with grain.
After three rounds of drinking, the guys started talking closely. When they talked about the development of Chengde's foreign trade and the acquisition of seven state-owned enterprises at the same time, Guo Yulian gradually let go and found that Li Minyang had no airs at all.
It's really rare to have such composure at such a young age.
Guo Yulian was hesitant to speak, and she obviously had something on her mind. Li Minyang saw this and took the initiative to mention it at the right opportunity.
"Brother Xu, the new brand Manmu will be launched soon. It is a low-end underwear brand. Compared with Pillow Secret, it is more catered to public consumption. If you want to do it, I can let you be the regional person in charge."
Hearing this, Guo Yushan's eyes widened. He knew that the opportunity for his sister's family was coming. Now the sexy lingerie was not an ordinary way to make money, and he believed in Li Minyang's ability even more.
But Xu Haibo slowly took a sip of wine, and Guo Yulian beside him spoke eagerly:
"Minyang, your brother Xu has told me countless times in private that he wants to follow you into the sea. That's the way he is in the development of the unit."
"Yes, it's just a place. At the end of the day, I still know my brother-in-law's connections." Guo Yushan interjected.
However, Xu Haibo's own will was not that strong, and he was really pushed by his wife and brother-in-law to resign and go to work.
"In that case, it's settled. From this month on, I will be in charge of Brother Xu's salary."
Li Minyang raised his wine glass high and everyone drank it down.
Regarding the specific development of the brand, it will not be a direct profit cut like Feng Xilai did at the beginning. They, including Feng and his son, will be required to join Chengde Foreign Trade to manage and operate the market, and finally there will be year-end share rewards.
There was a lot of joy at the dinner table. The Xu family girl had gone into the house to sleep long ago. It was not until one or two o'clock in the evening that she was ready to go back to the house to rest.
Li Minyang was sitting on the sofa smoking a cigarette and chatting with his brother-in-law and brother-in-law again.
"Brother Xu, since you decided to go to sea with me, I have to rely on you to help me with some business."
Li Minyang said in a deep voice.
"What's up!"
Xu Haibo straightened up with a serious expression.
"Stock certification volume, Uncle Xu, help me keep an eye on this matter."
"I'm afraid it won't be easy to grab." Guo Yushan became interested and moved forward on the small bench. "When it was released on the 10th in the morning, it was hard to grab it. It went up from 30 yuan to 120 yuan that day."
"It doesn't matter if you can't grab it, just collect it from scalpers."
Li Minyang was straightforward, he didn't expect to grab that amount.
"I'm afraid the recycling price won't be low. It might be over a thousand. The market is very hot right now. If I recycle it at such a high price, I'm afraid I won't make much money."
Guo Yushan added that he knew this matter very well.
"It doesn't matter, Brother Guo, help me take it all back. Even if the price is [-], I can get as much as you can."
Li Minyang said seriously.
"If I'm so optimistic about the market for stock subscription coupons, then I have to follow Minyang's lead and buy more even if I'm trying to sell the iron."
Guo Yushan was tempted. Why did he participate in the whole process of making Pillow Secret a popular brand? He was very shocked by Li Minyang's ability.
"Buy it, Brother Xu. You can also buy more. The price of this thing will rise all the way to the sky."
Li Minyang started talking.
The three men gathered around the coffee table and chatted until late at night. Li Minyang said that he would buy as much as there was on the market. It was so impressive.
"Minyang, don't worry, as long as you give me something to do, I will do it with all your heart."
Finally, Xu Haibo expressed his stance.
It was time to rest at such a late hour, but Guo Yushan couldn't bear to go back. He sat next to Li Minyang and held his arm.
"Minyang, I can't bear to leave. I have to follow you closely. You are the God of Wealth and you have to follow me to make a fortune."
The three men burst into laughter.
In this era of ups and downs, some legendary figures are about to appear...
The establishment of B shares was to attract investment from international capital under the special background of foreign exchange shortage and foreign exchange control. Therefore, the Shanghai Stock Exchange released only 15 listed stocks and implemented T+0 trading rules.
Note: Until now, A-shares have been T+1. Now the stocks bought today can only be sold on the second trading day.
Under various favorable circumstances, the Shanghai Composite Index soared from 617 points to 1266 points that day, reaching a terrifying 105% increase in one day. In the following days, it reached a peak of 1429 points.
You must know that there were only a few individual stocks on the market at that time.
One of the market stocks even rose to more than 1 yuan. The 90 yuan in the 1s became the stock with the highest unit price in the Chinese stock market, and this record has not been broken in 23 years.
Only those who experienced it at that time know how shocking it was. The Shanghai Stock Exchange could not even display it because the maximum unit of the screen was only thousands.
Because there are more wolves than meat, the stock certification roll policy was introduced, which is equivalent to the lottery required to buy a house in Jingping in 23, and the lottery to get a car license plate.Of course, there is no bottom line in the winning rate for stock certification rolls.
Therefore, many people act as scalpers and resell stock certification certificates. At the highest price, the price reached 1 yuan, but at the highest market price in 92, the stock certification certificates were as high as 50 yuan.
These memories gradually emerged in Li Minyang's mind. What happened in the 90s was extremely exciting and exciting.
......
At [-] o'clock in the morning, Li Minyang arrived at the Magic City Airport. Xu Haibo had been waiting for a long time, and he still said the familiar caring words: "Minyang, are you tired?"
"Brother Xu, it's okay."
Li Minyang smiled and nodded, and the two of them patted each other's shoulders affectionately. Even if they hadn't seen each other for a long time, their relationship never felt a little rusty.
"Your sister-in-law has prepared food at home, let's go back quickly." Xu Haibo said while helping to carry the luggage.
"I have been thinking about the good food cooked by my sister-in-law, and I can finally eat it."
Li Minyang smiled.
Then the two of them took a taxi back to the alley. On both sides of the streets in the city, red lanterns were hung high, and vendors were shouting one after another. People selling New Year paintings, couplets, and window grilles could be seen everywhere...
Tomorrow is New Year's Eve.
Not only is Li Minyang busy, but the management of Chengde Foreign Trade cannot rest this year.
After arriving home, not only the three members of the Xu family, but also brother-in-law Guo Yushan were also there. The Eight Immortals' table had already been filled with dishes.
"Minyang, if you are still in Shanghai during the Chinese New Year, you must come and stay at home. Let's have the New Year's Eve dinner together."
Guo Yulian was very attentive, but she could clearly feel that she was more reserved than last time.
In fact, it's normal. Now Li Minyang's social status is all about profit, so it's easy to put himself in the position of a lower-ranking person.
"Okay, then sister-in-law, you will still have to entertain me according to the current standard, and I will have a table full of food."
Li Minyang joked and tried to close the distance, not wanting to have such a sense of distance between him and Xu Haibo.
Guo Yushan was still able to let go, his hands hanging on Li Minyang's shoulders, and he kept drinking.
I have to say that the chicken, duck, and fish meat these days are really fragrant and delicious. They are not quick-raised, they are all fed with grain.
After three rounds of drinking, the guys started talking closely. When they talked about the development of Chengde's foreign trade and the acquisition of seven state-owned enterprises at the same time, Guo Yulian gradually let go and found that Li Minyang had no airs at all.
It's really rare to have such composure at such a young age.
Guo Yulian was hesitant to speak, and she obviously had something on her mind. Li Minyang saw this and took the initiative to mention it at the right opportunity.
"Brother Xu, the new brand Manmu will be launched soon. It is a low-end underwear brand. Compared with Pillow Secret, it is more catered to public consumption. If you want to do it, I can let you be the regional person in charge."
Hearing this, Guo Yushan's eyes widened. He knew that the opportunity for his sister's family was coming. Now the sexy lingerie was not an ordinary way to make money, and he believed in Li Minyang's ability even more.
But Xu Haibo slowly took a sip of wine, and Guo Yulian beside him spoke eagerly:
"Minyang, your brother Xu has told me countless times in private that he wants to follow you into the sea. That's the way he is in the development of the unit."
"Yes, it's just a place. At the end of the day, I still know my brother-in-law's connections." Guo Yushan interjected.
However, Xu Haibo's own will was not that strong, and he was really pushed by his wife and brother-in-law to resign and go to work.
"In that case, it's settled. From this month on, I will be in charge of Brother Xu's salary."
Li Minyang raised his wine glass high and everyone drank it down.
Regarding the specific development of the brand, it will not be a direct profit cut like Feng Xilai did at the beginning. They, including Feng and his son, will be required to join Chengde Foreign Trade to manage and operate the market, and finally there will be year-end share rewards.
There was a lot of joy at the dinner table. The Xu family girl had gone into the house to sleep long ago. It was not until one or two o'clock in the evening that she was ready to go back to the house to rest.
Li Minyang was sitting on the sofa smoking a cigarette and chatting with his brother-in-law and brother-in-law again.
"Brother Xu, since you decided to go to sea with me, I have to rely on you to help me with some business."
Li Minyang said in a deep voice.
"What's up!"
Xu Haibo straightened up with a serious expression.
"Stock certification volume, Uncle Xu, help me keep an eye on this matter."
"I'm afraid it won't be easy to grab." Guo Yushan became interested and moved forward on the small bench. "When it was released on the 10th in the morning, it was hard to grab it. It went up from 30 yuan to 120 yuan that day."
"It doesn't matter if you can't grab it, just collect it from scalpers."
Li Minyang was straightforward, he didn't expect to grab that amount.
"I'm afraid the recycling price won't be low. It might be over a thousand. The market is very hot right now. If I recycle it at such a high price, I'm afraid I won't make much money."
Guo Yushan added that he knew this matter very well.
"It doesn't matter, Brother Guo, help me take it all back. Even if the price is [-], I can get as much as you can."
Li Minyang said seriously.
"If I'm so optimistic about the market for stock subscription coupons, then I have to follow Minyang's lead and buy more even if I'm trying to sell the iron."
Guo Yushan was tempted. Why did he participate in the whole process of making Pillow Secret a popular brand? He was very shocked by Li Minyang's ability.
"Buy it, Brother Xu. You can also buy more. The price of this thing will rise all the way to the sky."
Li Minyang started talking.
The three men gathered around the coffee table and chatted until late at night. Li Minyang said that he would buy as much as there was on the market. It was so impressive.
"Minyang, don't worry, as long as you give me something to do, I will do it with all your heart."
Finally, Xu Haibo expressed his stance.
It was time to rest at such a late hour, but Guo Yushan couldn't bear to go back. He sat next to Li Minyang and held his arm.
"Minyang, I can't bear to leave. I have to follow you closely. You are the God of Wealth and you have to follow me to make a fortune."
The three men burst into laughter.
In this era of ups and downs, some legendary figures are about to appear...
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