The sharp rise on the first day stimulated the people of the capital. As soon as the market opened the next day, the exchange was completely different from yesterday. The popularity of the selling and buying areas directly reversed.
Yesterday, the left side was empty and the right side was lined with people. Today, the left side was packed with people, while the right side was sparsely crowded with people watching.
Many people came holding banknotes, deposit certificates, and even cash, asking anxiously if there were any orders for sale today. As long as there were orders released, they would be wiped out.
But when the market opened, there were so many orders to sell. There were only six to seven hundred shares traded due to special circumstances, and they were sold short in an instant.
If there is no trading volume, then you can only place the order, and a pile of buying orders will be written in an instant!
Yesterday's closing price was 1.34 cents. Today, the price of this order has started to rise continuously. 1.35 cents and 1.36 cents are soon approaching the price of Jiangnan, 1.4 cents!
The prices being asked to buy are getting higher and higher, and as a result, people who are ready to sell are also scared away. The more people buy, the more reluctant they are to sell, but it is not that no one wants to sell.
The seller directly raised the price to 1.7 yuan, which frightened the bidder, and the two sides became deadlocked.
Master Qin and Master Fu stared at the board, sweating all over their bodies. This was more exciting than the largest casino in the capital. The casino only had a win or loss of one hundred and eighty taels of silver, but here it was all a win or loss of tens of thousands of silver taels.
The key is that you still don’t know who is behind the money. Just like Master Qin took action and just lined up to place a purchase order of 1.45 cents for 3,000 shares. All of it was Prince Zheng’s money.
Who dares to let the prince lose even a little bit? Everyone is on tenterhooks. Behind these familiar and unfamiliar faces are dignitaries in the court and wealthy people in the market!
It was very busy this morning, but the trading volume was really not high. People eagerly expected the price to move according to their psychological expectations!
But the market has its own soul and will never negotiate with you!
When the market opened at nine o'clock, it followed yesterday's closing price, and that was the only thing people could refer to. But after ten o'clock, the latest telegram came, and Jiangnan's price was finally updated!
"One dollar and a half! One and a half dollars...One and a half dollars? One and a half dollars..."
It was all blown up. On the exchanges in Suzhou, Hangzhou, Shanghai, Jiangning... all the places, the stock price of the Beijing-Tianjin Railway actually soared to more than 1.5 yuan, and no place was lower than 1.5 yuan!
This is a full 50% profit, and 50% profit was obtained in two days!
Ten thousand makes five thousand, one million makes half a million!
It's a big deal, it's all a big deal. This way of making money has made all the banner people understand. It turns out that His Majesty really loves them and really provides welfare to the banner people!
"It's broken, it's broken... But I missed the good market, and I'm going to fly to the sky! Why am I just messing around like this? Why am I just messing around like this!"
Master Qin's hands were trembling. He held Master Fu's hand and said, "Can it still rise? Brother, tell me, can it still rise? I beg you, tell me, what should I do?"
"Brother, I don't know either, I don't understand either... Who knew the railway was such a profitable thing!"
At this moment, the newsboy's voice suddenly came from the street, "Extra issue...extra issue...urgent extra issue!"
"The Jiangnan stock market is booming, and the stocks of the Beijing-Tianjin Railway in the Qing Dynasty were snapped up..."
"In the Shanghai Concession, British, French and American businessmen are also grabbing stocks of the Qing Dynasty..."
"Extraordinary...Extraordinary...watch the exclusive interview with a British scientist in Shanghai and tell me how this railway makes money!"
"Masters, please buy one! This is the latest extra, a stock market column specially opened by Qing Times!"
What are you still hesitating about? What else is there to promote? The urgent additional issues in the arms of the newsboy were all sold out in a short time. It was only today that the people of the capital thought of studying what the economy is, what stocks are, and what railways are!
Mr. Qin snapped up a newspaper and read it before he could read it. Many investors in the exchange who had just put up buy orders rushed to cancel their orders. "I won't sell anymore, I won't sell anymore, I want to cancel my orders..." …I won’t sell it!”
The buying area was even more crazy. People directly raised the price to as high as one dollar and fifty-five cents, but no one came to sell it!
In one morning, the Dashilar Exchange went completely crazy. People's emotions reversed extremely. Everyone was driven crazy by the 55% profit.
Mr. Qin was feeling dizzy. He recalled Prince Zheng's mean and ungrateful temper. If he hadn't bought a share if the price had gone up like this today, his legs would have been broken!
"One dollar and six! I fought for one dollar and six, and I bought 10,000 shares! One dollar and six..."
This was the highest-priced purchase order of the day. Mr. Qin came out on top, and the surrounding people cheered, "Master Qin is so powerful! Mr. Qin is so generous!"
Mr. Qin, whose face was red, as if he had drunk too much, walked to the counter and completed the formalities. Touching the stub, he breathed out in his heart, "Even if the order is placed, it will be accepted. Even if there is no transaction in the afternoon, this is not the case." You can’t blame me! The most you can do is scold me!"
"Let's go... Let's have a couple of drinks at noon. I'm so tired from this long day that I'm sweating profusely!"
Mr. Qin's price was the highest, and the single transaction volume was also the largest. However, the reluctance to sell had appeared, but no one sold, and the buyer and seller were in a stalemate.
Trading was closed in the morning, and everyone had a light meal at noon. Only a few people drank a little wine. People found that this exchange was really fun, and it added a lot of color to the peaceful lives of the dandies like the Eight Banners.
The stock market is an emerging industry. The ancestral family laws of the Qing Dynasty prohibited the Eight Banners from farming and doing business, but no one said they were not allowed to speculate in the stock market!
Since the ancestors have no rules, then what are you waiting for? Long Live the Lord also admitted that this is a good place to spend boring time, isn't it? You can still make money!
The market opened at one o'clock in the afternoon. Mr. Qin and the others drank for an hour and came back to watch the fun again after being dizzy!
After the market opened, the price from Jiangnan came again, and it actually increased by another 10 cents to 30 cents from the price of 1.5 yuan! This explosive popularity has not diminished at all!
"Brothers, please keep an eye on me. Let me take a rest..." Mr. Qin leaned on the teahouse owner's recliner and fell into a daze for a short nap.
Not long after he fell asleep, he was suddenly woken up by someone: "Mr. Qin! The deal is done...all your orders to buy were sold. If someone sells, they will be sold at your price!"
"What! A deal was made for one dollar and six? Okay... what time is it now? Bring me the order..."
If there is a transaction, there will naturally be a transaction price, and at this moment the transaction price is fixed at 1.6 yuan. The stock price of Jingshi has surpassed Jiangnan at this moment!
"Haha... Who is Prince Zheng? Just wait, wait and see if I can kill you!"
There were a few strange figures in the crowd looking at everything in front of them. After whispering a few words, someone naturally went down to take action!
At half past two, there is still half an hour before the market closes. At this time, many bannermen are preparing to disperse and go home to rest. Those with short positions are cursing, while those with heavy positions are rejoicing. It seems that many people still have to wait and see tonight. Let’s fight!
But in the last half hour, a dozen ordinary regular attendants suddenly came to the exchange. They raised their heads and asked with stock slips in their arms.
"What's the buying price now? How many shares are there? We're all covered, this is a stock, let's sell it!"