Because the number of stocks is small and there are few early participants, the exchange only trades from 2pm to 4pm every day.
And Yang Fan began to introduce the modern concept of time. Use a 24 hour modern clock. Hang wall calendars and large calendars in the stock hall. Use modern day of the week concept.
The exchange is closed on Saturdays, Sundays and holidays. Calendars are sold in the exchange's shop.
The calendars are all in large print, as big as A4. The back is a wooden back panel that can be hung on the wall. On each page, there are dates marked with Arabic numerals and traditional Chinese characters, including the lunar and solar calendars, auspicious days in the lunar calendar, the twenty-four solar terms, and things that are suitable and taboo. Here are some stock tips.
One page per day, opened from right to left. Turn a page every day.
Yang Fan has begun to popularize modern weights and measures and time units in his own system.
These are all preliminary preparations for integrating with modern industrial technology. There must be a unified standard for industrial development, otherwise it will not progress at all.
At noon, Huang Yongtai and a few others had a meal at Feiyun Tower on Gulou West Street. It was Xie Shanyun, as a local, who took the initiative to treat us.
Now this area is very prosperous, with all kinds of shops, restaurants, and bathhouses, making life very convenient.
"Life here is really convenient. Everything is available. I really should buy a house here." Yang Decai said with emotion.
Xie Shanyun said: "It is indeed very comfortable to live in. I bought a 100-square-meter apartment there, which is a three-bedroom apartment of 10 rooms. It is too warm in winter. I live on the fourth floor, with a good view and a comfortable mood. The security in the community is tight. , you don’t have to worry about being thieves, and you can put your valuables at home safely. The doors are all made of steel, so they are called anti-theft doors. They look very strong.”
Huang Yongtai said: "I heard that the surrounding street shops deliver food at twelve hours. As long as you order it in advance, it will be delivered when the time comes. There are also cleaning shops that are responsible for washing clothes. We are the only one in Beijing who is doing business. The service is so attentive when I live here. I must buy one.”
Xie Shanyun said: "Then you should hurry up, I think the housing prices are going to rise. Uncle Dingyuan is building a grand theater in the capital, on Gulou West Street. It is said to have three floors and can accommodate 3,000 people to watch the theater together. Once it’s built, it will be even more lively here.”
Several people came to the exchange as they talked.
At two o'clock, a bell rang. Open trading officially begins.
By this time, many people had come. At the broker's counter on the first floor, people began to line up to buy stocks. The numbers on the display board on the second floor began to change.
As expected, there are many people who are optimistic about guano fertilizer, and the price was 20 taels of silver per share at the opening. Doubled. But there are still many people buying it.
Everyone has done the math. If the 100,000 tons of bird droppings currently piled up in Tanggu are sold, this share will be worth three taels of silver.
Yang Decai and Xie Shanyun hurried over to queue up, fearing that they would be late to buy and be sold out.
Huang Yongtai was unmoved and stared at Daming Oil. As expected, not many people bought Daming Oil, and the price was still one tael of silver per share. There is actually no premium.
He stood there and thought for a while, then gritted his teeth and made up his mind.
He knows that only a few people see business opportunities and can make big money. When most people find out, they will quickly spread the profits. He chose to believe that Uncle Dingyuan would not amuse everyone and play with half a million taels of silver. "
He decisively walked towards the unattended Daming Oil counter.
A young man in a red vest took over and asked, "Do you want to buy Daming Petroleum shares?"
"Yes, just buy Daming Oil." Huang Yongtai said through gritted teeth.
"How many shares do you want to buy?"
"This is the bankbook of Xinghe Bank. You can buy as much as you have in it."
The clerk from Xinghe Bank next to him stood up and immediately took the passbook with both hands respectfully. He saw that the passbook was red. Explain that the deposit is more than 10,000 taels of silver.
"There are 30,000 taels of fixed-term deposits in the passbook, and the deposit is for a seven-day period. It will expire in one day. If you withdraw it now, you will lose the regular interest. We will only pay you interest based on the current deposit. Do you have to withdraw it? come out."
"Take it all out and buy Daming Oil." Huang Yongtai said firmly.
"Okay, I'll handle it for you right now." The broker immediately went through the fund transfer procedures and bought 30,000 shares of Daming Petroleum stock.
Stocks are generally stored on exchanges to prevent loss. Of course you can also take it away yourself. After all, they are about the same size as banknotes, which is quite convenient.
When Huang Yongtai saw the stocks in hand, he felt a bit exhausted.
This money is all the profits he has made since exchanging gold for Xinghe Bank. Spend it in one go. Now we can only wait for the result whether it is right or wrong.
"Look, Daming Petroleum has a deal, 30,000 shares, 30,000 shares."
"Someone really dares to buy it. Who bought it?"
There is a wooden partition between the counter and the hall, and there are small closed rooms inside. Clients and brokers conduct business alone in small rooms. This is for customer confidentiality. After purchasing, you can leave directly from the back corridor. Return to the lobby. No one outside will know who bought what.
Huang Yongtai finished the purchase and broke out in a sweat. He decided whether he bought it right or wrong. Only time will tell. He returned to the hall and found a bench to sit on.
He saw long queues outside the dozens of counters selling guano and agricultural fertilizer. Xie Shanyun and Yang Decai were lining up anxiously.
At this time, a bell sounded, and everyone looked at the person ringing the bell on the second floor in surprise. Word soon came that the bell meant the stock had been sold.
Those who didn't buy it immediately beat their chests and wailed. Everyone knows that as long as you buy it, you can make 50% profit. What kind of business can make 50% profit in one day?
Everyone in line has dispersed. Many people sat on the benches and looked at the price list in frustration.
At this time, a group of people came. They walked directly to the counter and started buying stocks regardless of what they were. The bells kept ringing. One stock after another sold out. Soon, eight stocks were wiped out.
"Who are these people? They are really generous. All the stocks combined today amounted to 700,000 taels of silver, and they were all bought up."
"I know a few people, they are the housekeepers of several marquises."
"When you mentioned it, I also remembered that there is a person from the British government."
"That's right, they are Xungui's people. Why do they come here to buy stocks? Is there some news that we don't know about?"
Huang Yongtai was dumbfounded. Fortunately, he made a decisive decision and acted early. Otherwise, by this time, the stocks would have been sold out. So many noble people are optimistic about it, and it will definitely make money.
"There's another deal. Look, the numbers on guano and fertilizer have changed. Someone is selling them," one person exclaimed.
"Other stocks have also moved, and some people have started to sell."
"Oh my god, the transaction price of guano and agricultural fertilizer is thirty taels of silver."
"Daming Oil, look, the price has started to rise. The transaction price is one tael, one cent and five cents, and two thousand shares were traded."
Huang Yongtai suddenly raised his head and felt excited.
Since then, all stock prices have begun to rise, and trading prices have continued to refresh.
By the time the market closed, Daming Oil had risen to one, two, and five cents. Huang Yongtai felt as if his heartbeat was about to burst out of his chest.
After just sitting there for a while, I actually made fifteen thousand taels of silver.
At this time, someone was reporting the situation in the exchange to Yang Fan.
"What, when you went there, 30,000 shares of Daming Petroleum had been bought. Find out who bought it." Yang Fan was a little surprised.
Energy companies are very important. Oil is the blood of the industry. How could Yang Fan not hold a controlling stake?
Yang Fan mobilized a large amount of funds to enter the market and purchased stocks of Daming Petroleum and Daming Petrochemical. The reason why the stock price opens flat is to facilitate yourself to buy at a low price.
Yang Fan planned to buy at least 100,000 shares of these two stocks in addition to 50,000 original shares and 150,000 public shares. In this way, it reaches the level of 66% holding.
The rest were bought by nobles.
Because Yang Fan has guaranteed that he will definitely find enough oil in Tianjin. Then these stocks are a good deal with huge profits. They will certainly continue to buy beyond the original shares.
After Yang Fan completed the acquisition plan, he began to release a small amount of stocks and asked his bosses from other industries to buy them. Raise the price. These stocks will not have such cheap prices in the future.
Not anymore today.
