Volume 6: The Great Change Chapter 0863 Certificate of Wealth
Wang Yubiao, known as Wang Baiwan, used to work in a construction team when he was in his hometown of Baoqing. He led a construction team to take on jobs everywhere. Last year, he heard that Yang Qing came to Xiaoya Bay to speculate on land and develop real estate, and became rich overnight. He was tempted and took a train to Xiaoya Bay for inspection.
At the beginning of last year, Xiaoya Bay seemed like a chaos. He took a long-distance bus to the west area of Xiaoya Bay. Looking up, he saw a barren land all around and no decent roads at all. To get from Aotou to Xiayong, he had to pass through a thicket.
But his keenness as a businessman made him decide to stay. The mysterious bay and the grand plan of the Xiaoya Bay petrochemical zone made him linger. He saw the blue sea and blue sky and anticipated the scene of Xiaoya Bay many years later. His heart was surging, so he wrote a few words: facing the sea, with easy access; backed by the mountains, with a sure win.
After staying, Wang Yubiao first tried his hand in Echeng by investing 150,000 yuan. In less than ten days, he sold the land for more than 1 million yuan. His thinking and vision were opened, and he hurried back to Baoqing to find money.
When he returned to Xiaoya Bay, he had 17 million yuan in funds in his hands. For nearly a year, he bought and sold, sold and bought again, over and over again. At the end of last year, his funds had doubled to 65 million yuan.
After the southern tour, the land market in Xiaoya Bay exploded, and the price of land doubled. Wang Yubiao, who was optimistic about Xiaoya Bay and believed that it was the place for his revival, was more determined to expand and strengthen his land speculation business.
He has money now. There is still more than 1 million in the company account. It is enough for eating and drinking, but it is not enough to buy land. However, he is not in a hurry. In Xiaoya Bay for a year, he has not only established a good relationship with the management committee, but also has a good relationship with the senior management of banks in Echeng. With mortgage and credit, he can borrow hundreds of millions of funds from the bank at any time.
Besides, Baoqing has a very high degree of recognition for fund-raising, and some smart people have already learned how to "take advantage of the interest rate difference" - borrowing money from outside at a lower interest rate, and then investing it in fund-raising. They don't have to do anything for a year, and they can get tens of thousands to hundreds of thousands of yuan in interest.
The land prospects are very good and the financing channels are unobstructed. As long as it is good land, Wang Yubiao dares to take it and wants to take it.
"Boss Qiao, the real person doesn't show his true face. If he shows his true face, he is not the real person. I have heard Director Yang from the Management Committee say that Boss Yang bought a lot of land two years ago, but Boss Qiao has never gone out, nor have you built a building. It turns out that you have been waiting for this day."
In Qiao Weiping's room, Wang Yubiao sat there with his legs crossed and a cigar in his mouth, saying, "Boss Qiao, you know my strength. Since I've come to you, Boss Qiao, show me your treasures. Let's see what's really good."
"Boss Wang, of course I believe in your ability. You are this." Qiao Weiping gave Wang Yubiao a thumbs up. "Everyone in Xiaoya Bay knows the Four Tigers of Baoqing, but, Boss Wang, you may not be able to take over the land in my hands."
Qiao Weiping fully understood Nan Yi's meaning. He didn't ask for the highest price for the land he had, but just wanted to sell it quickly, and it would be best if he didn't make too much noise. Qiao Weiping's established strategy was to sell a few small pieces to make a little noise, and then concentrate most of the land on a few of the most powerful speculators.
Wang Yubiao was stunned for a moment after hearing what Qiao Weiping said. When he recovered, he asked, "Oh? How much land does Boss Qiao have?"
Qiao Weiping smiled slightly, showed three fingers to Wang Yubiao, waited for a while, took his fingers away, and made a number eight gesture.
Wang Yubiao gave a thumbs up and said, "Boss Qiao, this is a big deal. It's really a big deal. 380 million, I really can't come . But, you know, I have a good relationship with Yang Qing and Wu Xiaohui. As long as Boss Qiao's land is really worth this price, we can get it together and it will be no problem."
He asked for a sky-high price and then bargained down to a low price. Qiao Weiping said it was 380 million, and when the time came to see the real deal, he would definitely have no problem lowering the price by tens of millions.
"Okay, Boss Wang, then let's see the real deal." Qiao Weiping said, handing Wang Yubiao a list of land.
In fact, it doesn't matter whether this form is given or not. In Xiaoya Bay, as long as the land is transferred, no matter how the transaction is done, it must be registered with the Management Committee. It only takes a meal to figure out which land is still in the hands of local people and which land has entered the "circulation" state.
Most of the circulating land in Xiaoya Bay can be traced to its owners, and there are not many hidden in the dark. As long as Wang Yubiao is willing to check and match the quoted prices, he can roughly figure out which lands are owned by Qiao Weiping.
Wang Yubiao took the catalog and glanced at it. His eyes lit up, blood rushed to his head, and his heart beat faster. "We must take it. These are all good plots of land."
How could it be bad? Nan Yi's efforts were not in vain. Before buying the land, he fully considered many factors such as geology, village conditions, and administration, and made a sand table for simulation, which consumed a lot of his energy and overdrawn his vitality.
Nan Yi has always adhered to the simple idea that hard work can make you rich, and he also believes that there is justice in the world and that hard work should be rewarded.
Wang Yubiao quickly calculated the value of the land on the catalog. The price reported by Qiao Weiping was a bit exaggerated. All the land on the list was worth about 330 million yuan. With such a large quantity, the price could be lowered. Perhaps the 30 million yuan could be wiped out.
Wang Yubiao was not sure. They were all good plots of land, so they would not be hard to sell. If Qiao Weiping broke them up and sold them slowly, he could really sell them for 380 million yuan. After calculating the value of the land, he began to calculate how much money he could raise. He estimated that he could raise 150 million or 160 million yuan.
“Boss Qiao, what are your requirements for payment?”
"Boss Wang, I want the goods to be delivered in exchange for the money, and the transaction must be completed within a week. Next week, I may sell it for 400 million or 420 million."
Qiao Weiping had a conflicted expression on his face, as if he was hesitating whether to keep the land for a while longer.
Wang Yubiao put down the cigar in his hand and rubbed his left hand with his right hand. "Boss Qiao, you are joking. Who in Xiaoya Bay has the ability to mobilize 300 million funds in a week? Even if several people work together, it will take at least a month to raise 300 million."
"Boss Wang, let me put it this way. The reason why I'm in such a hurry to sell is because I want to develop a large real estate in Zhucheng. I'm more optimistic about the development there than in Xiaoya Bay. The price of land in Zhucheng is rising faster than here, and the price changes every day. If I don't go there quickly, I'll miss the opportunity to make a lot of money.
so……"
Qiao Weiping deliberately dragged out the words, "The price can be negotiated, but the payment time really can't be delayed. I can't afford it. If Boss Wang feels that it's difficult, why don't you pick and choose, buy one or two pieces, and I'll give you a discount."
According to the current loan disbursement speed of banks, even if the main links are settled, it will take at least half a month from loan to loan payment. Even if the fundraising is faster, it will still take about half a month.
Qiao Weiping knew all of this. He was just asking for an exorbitant price. Since he was going to sell the land, he certainly hoped to get the money quickly. After all, he also had a share of 1 million in the land.
For the 1 million share, Qiao Weiping actually only paid 10,000 yuan. He invested 10,000 and got back 7 million, which is a 700-fold profit. He had not mentioned selling this share before. He had been calculating the numbers in his mind every day. Now that the numbers were going to be turned into paper money, Qiao Weiping's heart beat faster, and he was eager to see 7 million piled in front of him.
He really hoped to see real money within a week, but his reason told him that this was impossible, so he settled for the next best thing: seeing the money as soon as possible.
"Boss Qiao, let's make an appointment tomorrow and discuss the price."
Wang Yubiao’s idea is to complete the transaction earlier and pay later. If the payment time cannot be delayed too long, he will force himself to complete the transaction as soon as possible. If he misses this opportunity, he will miss it too.
"Okay, tomorrow morning at 10 o'clock, I will book the business conference room in Sanmianshan for today."
"Okay, see you tomorrow."
After Wang Yubiao left, Qiao Weiping and Tianxian moved to Sanmianshan. Money can attract people, and you have to be careful when you show your wealth. It's hundreds of millions. If you're not careful, it will tempt others to kidnap you.
After Qiao Weiping checked in, he immediately went to Nan Yi's room and reported everything.
Nan Yi listened to the report and nodded, "Weiping, well done. I just received a call this morning and will be leaving Xiaoya Bay soon. The rest of the things will be left to you.
Lao Ma and Zhao Jinshui who will arrive tomorrow will cooperate with your work. Zhao Jinshui is here to transfer the money. Just tell him how you want to get the money and he will help you with it. "
Nan Yi wants to use Qiao Weiping in the future, so he needs to test whether he can be of great use. The process of selling the land this time cannot be too transparent, so Qiao Weiping has every opportunity to make a fortune. Precisely because he wants to use him in the future, Nan Yi cannot keep a close eye on him. If Qiao Weiping holds a grudge in his heart, there will be a gap in their relationship in the future.
Give Qiao Weiping some space, it's up to him to decide how to go.
"Director Nan, are you leaving?"
"Yes, I believe you can do a good job. It's not worth it for me to waste my money here." Nan Yi said generously: "Call home and inform my sister-in-law. Someone will go to your house tomorrow night and talk to my sister-in-law about the passport application.
Wei Ping, when things are settled here, you and your sister-in-law can take the children abroad for some fun. I'll pay for the expenses. You can come back after a month of fun and see the outside world. It's also a good time to think about how to spend your money."
"Thank you, Director Nan. My wife has been dying to go abroad for a long time." Qiao Weiping said with a smile.
"Just don't blame me for making the decision for you." Nan Yi said, picking up the teacup and taking a sip, "Okay, nothing else."
"Director Nan, I'll leave first." Qiao Weiping stood up and said.
"Um."
After Qiao Weiping left, Nan Yi and his party stayed for a while and then left Xiaoya Bay.
Just after Nan Yi and his companions left for a while, a security team sent by Ruan Zhiping moved into Sanmianshan.
…
The next day, which happened to be Saturday, Nan Yi rushed to the Central Primary School after getting off the plane. After waiting at the entrance of the vegetable market for a few minutes, he saw Nan Wuwei and his good classmate Zhong Liwen running out together.
Zhong Liwen is Nan Wuwei’s kindergarten classmate, and now they are attending the same primary school and in the same class.
Nan Yi was standing in a conspicuous position. Nan Wuwei had just run out of the vegetable market when he saw him. He was delighted and rushed towards Nan Yi, "Dad, why are you here?"
Nan Yi caught Nan Wuwei who was rushing towards him, smiled friendly at Zhong Liwen, then raised his hand to wipe the sweat off Nan Wuwei's forehead, and patted the dust off his trouser legs, especially the knees. Then, he pulled Nan Wuwei's arm to turn him around, and when he was about to pat the dust off his buttocks, he saw a hole in his trousers.
He poked his fingers in and rubbed them up and down. He didn't feel any tears in his boxer briefs, nor did he feel any roughness on his buttocks. After making sure there was no injury, Nan Yi patted his pants and pulled his pants up again.
"How did it get broken?" Nan Yi asked with concern.
"There are barbs on the stool, so it got scratched."
After revealing the hole, Nan Yi asked again: "What do you want to eat for lunch?"
"Wontons, firewood wontons."
"Mr. Zhong, do you want to go together?"
"No, Uncle Nan, my father will come to pick me up later." Zhong Liwen politely refused.
"Okay then, see you, classmate Zhou."
After saying goodbye to Zhong Liwen, Nan Wuwei took Nan Yi to a wonton shop he often went to, ordered three bowls of wontons divided into two bowls, and asked Nan Wuwei to wait while Nan Yi went next door to buy fried dough sticks.
I bought three fried dumplings for 60 cents, wrapped them in oil paper and returned to the wonton shop. The wonton lady was serving the wontons on the table. I took a look and saw a ball of oil oozing out from the center of the bowl.
Sitting down, he handed the fried dough sticks to Nan Wuwei. Nan Yi took the pepper bottle and sprinkled some pepper into the two bowls, then stirred them with a spoon.
"What are your plans for the afternoon?" Nan Yi asked as he placed a bowl of wontons next to Nan Wuwei.
Nan Wuwei took out a few small Zhongxi (game coins with the Chinese characters Zhongxi on them, divided into large Zhongxi and small Zhongxi according to the size of the characters) from his pocket and put them on the table. "I agreed with Zhong Liwen to go play the game console."
"What to play?"
"New game, Shogun Fight."
“No.”
"What about Fuji-san Kuaiba?"
"Have you heard of this? There are werewolves and kappas?"
"Yeah, that's it, Dad. Have you played it before?"
"I haven't played it before. How much are the coins in the game room now? 25 cents?"
"20 cents." Nan Wuwei sucked a wonton into his mouth, took a bite of the fried dough sticks, and praised: "Dad, the firewood wontons here are delicious."
"That's right." Nan Yi nodded, "Do you have money on you?"
"have."
"Then we'll take care of ourselves in the afternoon and go back early in the evening."
"Well, Dad, are you cooking dinner tonight?"
"It's hard to say today, but I'll definitely do it tomorrow. Your mom won't be working tomorrow, so the three of us can go out for a walk."
"Okay."
After eating wontons, Nan Yi sent Nan Wuwei to the entrance of Zhong Liwen’s restaurant, and then went to Jinsheng Securities.
Since 1991, the Shanghai Stock Exchange has adopted a price limit system of 0.5% and 1%. After July and August, the imbalance between supply and demand was quickly exposed, and most stocks hit the daily limit.
For example, the leading bull stock Yuyuan Department Store was seriously underestimated because the land price located in the prime location of Chenghuang Temple was not taken into account during the asset appraisal. Its stock price has basically hit the daily limit since the beginning of the year.
Therefore, the Shanghai Stock Exchange began to implement a 3‰ flow constraint control on September 30, stipulating that only when the turnover rate of a certain circulating stock reaches 3‰ or above on that day, the stock price is allowed to rise or fall by 1% on that day.
However, most stock holders are unwilling to trade their stocks easily, resulting in a typical situation of volume but no market. The stock price of Yuyuan Department Store has been rising all the way to the present, with the price of each share exceeding 10,000 yuan.
In December last year, Shanghai tried to have three securities companies jointly rent more than 20 sports venues in Shanghai. Within the specified time, they issued subscription certificates for various stocks at the same time, and then drew lots. The winners then went to various stock underwriters with their winning numbers to pay for the stocks. The number of staff and material resources mobilized at that time was unprecedented in the history of Shanghai's stock issuance.
In order to ensure the safety of the issuance, almost all police forces in Shanghai were mobilized. However, the gates of venues such as Jiangwan Stadium and Xuhui Swimming Pool were still broken through by the crazy crowds, resulting in a chaotic situation in which many people were trampled and injured.
To this end, the Shanghai Branch of the People's Bank of China asked the three securities companies, Shenyin, Jinsheng and Haitong, to design a better way to issue stocks.
Universal Bank has always been present in Shanghai since the issuance of stocks, and Vice President Jin of the Shanghai branch is also the chairman of Shenyin. The discussion of the plan was led by Vice President Jin, and he personally named Liu Zhen to represent the Shanghai branch of Universal Bank to participate in the seminar.
Jiajia Securities Company organized a team of people to rack their brains and came up with many plans. Finally, Vice President Jin decided to issue subscription certificates at 30 yuan per certificate in 1992 based on the strengths of many plans.
Subscription certificates are issued in unlimited quantities to Shanghai citizens. They are issued once and are valid throughout the year. Lottery draws are held multiple times, and stocks can be subscribed based on the winning numbers. One subscription certificate can be used to win the lottery repeatedly.
The subscription certificates are jointly issued by Shenyin, Jinsheng and Haitong Securities. The Shanghai Branch of Cosmos Bank is entrusted by the securities companies to serve as the general financial agent for the issuance of subscription certificates. The income from the subscription certificates, after deducting the cost of production, underwriting fees and advertising and other miscellaneous expenses, will be donated to the social welfare of children in Shanghai.
Regarding the issue of subscription certificates, many people believed that it would be very popular, and they put a lot of thought and effort into ensuring the safety of the issuance.
Some people suggested that the business area of each issuance outlet should be large and the surrounding area should be open to facilitate the evacuation of people; some people believed that maintaining the issuance order cannot be achieved by relying solely on the financial institutions' own police teams, and the police must be asked to provide police support.
Jinsheng Securities proposed to increase the fee for each subscription certificate several times to prevent retail investors from blindly entering; others suggested that the issuance period of subscription certificates should not be too long to avoid excessive issuance and too low a winning rate, which would lead to people being accused of being a scam.
The securities company held many meetings to discuss public security and issuance discipline issues during the issuance of subscription certificates. Liu Zhen told Nan Yi that at that time no one raised the question of what to do if the subscription certificates could not be sold or if too few were sold.
Starting from January 19 this year, subscription certificates at a price of RMB 30 each were sold to citizens simultaneously through 450 business outlets of securities companies, banks and trust companies across Shanghai.
On the first day, the securities company was afraid that possible problems might occur in its own sales outlets, so it sent a number of staff members to the sales outlets to assist in the work, grasp the first-hand situation, and discover and solve problems in a timely manner.
But reality gave them a slap in the face. There were still some people queuing before the sales points opened, but as they waited, they saw that not many people kept up, and the enthusiasm of the people in line was not high. At the end of the day, when the number of subscription certificates sold was calculated, it was far lower than the original estimate, and the situation on the second day was worse than the first day.
The securities company never expected that the subscription certificate priced at 30 yuan would be coldly received. If you think about it, it makes sense that people are unwilling to buy this subscription certificate. 30 yuan is not a small amount of money, which is 1/3 of the monthly salary of most working class people. If you buy more, you can't afford it, and if you buy less, you worry about the problem of winning the lottery.
Many people heard that the funds from the subscription certificates would eventually be donated to social welfare projects, and believed that this was a way to defraud money. They were too lazy to listen to the publicity for the sale of subscription certificates, and some people only bought one or two certificates.
The originally scheduled issuance of subscription certificates was almost over, but after counting, it was far from the expected issuance target, with only 500,000 copies. Vice President Jin consulted with the securities company and said that it seemed impossible to end the issuance like this, so they decided to extend the issuance of subscription certificates for a few days and postpone it to February 1.
In the last few days, Vice President Jin has been very concerned about sales and asked all branches to step up their sales promotion efforts. However, the people below have said that the work is very difficult and that the price of each subscription certificate is too high.
Is setting it too high a problem?
No, the leader's face is the big problem. Before the release, it was estimated to sell 5 million copies, but now only more than 1/10 has been sold. This is a slap in the face.
It's no secret that everyone at each distribution point must work hard to sell the product. The staff had no choice but to pester the customers with all kinds of soft and hard methods, and many customers were annoyed and bought a few copies like beggars.
Some staff members were unable to sell the products and could only beg for favors and ask acquaintances to buy a few copies. Some had no choice but to grit their teeth, spend one or two months' salary and buy a few copies themselves.
It was difficult for others to sell, and the branch where Liu Zhen worked was also difficult to sell, so naturally the president Zhang Gang had to take personal responsibility. Needless to say, every vice president had to express his determination and promise a number to be achieved.
Liu Zhen patted her breasts during the meeting and vowed: "I will be responsible for completing 200,000 copies."
Liu Zhen was responsible for bragging, but the responsibility ultimately fell on Nan Yi.
As a man who loves his wife, Nan Yi would of course fully support his wife's work. Not only did he take over the task of 200,000 copies, he also patted his chest and said, "I will help you sell another 100,000 copies."
Just like that, Nan Yi took on the task of selling 300,000 subscription certificates. He worked day and night, traveled through mountains and rivers, regardless of the hardship, and finally sold the subscription certificates to a man named Gu Dingsheng and a man named Zhao Tianyang on the last day, bringing a small climax to the issuance of subscription certificates. Nan Yi also made contributions to the total sales of 2,377,665 certificates.
After the subscription certificates were issued, there naturally had to be a guarantee for them to clear the stigma of "scamming money". After the southern tour, Shanghai's state-owned enterprises immediately launched an unprecedented wave of shareholding. These companies were planned and organized by the three securities companies of Shenyin, Jinsheng and Haitong to issue stocks to the public and planned to be listed on the Shanghai Stock Exchange this year.
The scale of issuance will be large, the quantity will be large, and the winning rate will be very high, which will far exceed most people's expectations. In order to protect the interests of investors, the stock issuance price is based on a relatively low price-earnings multiple, and a lot of profits can be made as soon as the new shares are listed.
In short, the Shanghai Stock Exchange is very determined to promote the prosperity of the stock market.
On March 2 of this year, Shanghai held its first subscription certificate lottery ceremony, which was broadcast live to the public on television. The lottery team of the Universal Bank Savings Department was responsible for the lottery, and the Shanghai Notary Office was responsible for notarization. The lottery issued stocks of seven companies, with a total issuance of 7.05 million shares with a par value of 10 yuan.
The final result of the lottery: the winning subscription certificates can be used to buy 50 shares of Zhongcheng Industrial and Special-Shaped Steel Pipe, and 30 shares of other stocks, with a winning rate of 10.3%.
The winning number is 30 shares, which means 300 shares with a par value of RMB 1 per share.
Most people did not expect the winning rate to be so high. Some people bought too many subscription certificates and lacked funds to further subscribe for new shares. Some people saw that they had earned back the money they spent on the subscription certificates after the lottery and were willing to sell their subscription certificates when someone wanted them.
Some people saw that the winning rate of the first lottery was so high, and also saw that securities companies repeatedly promoted that there would be multiple lotteries within the year, so they thought that buying second-hand subscription certificates was also an opportunity, and thus a private trading market for stock subscription certificates was formed in many places in Shanghai.
Initially, the transaction price of each subscription certificate was not very high. As the Shanghai stock market continued to heat up, the price of subscription certificates continued to rise. Soon, the price of a set (one hundred consecutive copies) of white-board subscription certificates (bearer) exceeded ten thousand.
As April began, the sound of people slapping themselves could be heard everywhere in the alleys and old houses in Huhai. “I regret it so much. I didn’t even seize the opportunity to make a fortune that was right in front of me.”
Now in May, the 92 stock subscription certificate has another attractive and loud name - the certificate of fortune. Shanghai has launched a vigorous campaign to mass-produce "ten thousand yuan households".
When Nan Yi arrived at the door of Jinsheng Securities, Zhao Tianyang and Gu Dingsheng were already standing at the door waiting. When they saw Nan Yi's car, they got into his car and the car continued to drive forward to DreamTime Cafe.
As soon as he sat down in the coffee shop, Gu Dingsheng took out two copies of the contract. He first filled in the blank spaces on the contract and then handed the contract to Nan Yi.
Nan Yi signed his name on the two contracts, and Gu Dingsheng handed a bag he was carrying to Nan Yi. The bag contained money, 700,000 yuan, and the contract was a transfer contract for the subscription certificates, a total of 20,000 certificates.
Once someone wants to investigate how Liu Zhen sold the 300,000 subscription certificates, it will be easy to find Nan Yi. At this point, it is okay for a husband to help his wife at work. But the subscription certificates are linked to huge interests, so this is not acceptable.
Right is wrong, and wrong is even more wrong!
No one would objectively analyze the circumstances under which Nan Yi purchased the subscription certificates. Some people would only focus on the fact that Nan Yi obtained huge profits. The four words "official-business collusion" are accurate. They are from the same family, or even a den of snakes and rats.
Therefore, Nan Yi had to sign this contract and put 20,000 copies in his name and expose them to the public. The remaining 280,000 copies also had their own places to be exposed to the public. Nan Yi had to make a profit. If he said he didn't get any benefits, no one would believe him. However, he could only get a small profit, so he had to be careful about the degree of his profit.
Twenty thousand copies were purchased, with a total profit of 100,000 yuan, only 5 yuan per copy, so no one needs to be jealous.
As for where the money to buy the subscription certificates came from, Nan Yi put aside his identity as a "foreign company executive" and went to the Universal Bank to open an account. Then Fang Mengyin transferred 842,831 Hong Kong dollars from HSBC, which was exactly equivalent to 600,000 RMB. After the money was withdrawn, the account was directly cancelled.
A wealthy grandmother wants to give a big red envelope to her grandson and granddaughter-in-law. Who dares to refuse?
Nan Yi thinks too much about every aspect of his work, which is tiring, but he firmly believes that he has done nothing wrong. Those who do not consider the overall situation will sooner or later be labeled as "once", no matter what glory they have had. Even worse, they will become the subject of drunken gossip and jokes among others.
"That so-and-so was so awesome back then. He ordered two bowls of soy milk, ate one and dumped the other. He had dozens of lovers and even hired an MBA to manage them. He bought 20 Mercedes-Benz cars, forming a long line, sometimes forming an S, sometimes forming a B. Haha, now he's working odd jobs outside. Wow, he's already in his fifties..."
Nan Yi looked at the money in the bag, turned around and asked, "Tianyang, what is the current market price of subscription certificates?"
"I buy from retail investors. I buy scattered ones for 80 or 90 yuan, and a set for 10,000 yuan. I transfer them among the circle. If I don't want scattered ones, I buy them for 15,000 yuan a set."
“Why is it rising so sharply?” Nan Yi pretended not to know.
"It's rumored that the Shanghai Stock Exchange will soon announce a full liberalization of stock prices, cancel price limits, and implement a T+0 system. This is a big boon for the stock market, and the subscription certificates will be valuable. If this news is officially announced, the price of a set will definitely rise to 30,000."
Zhao Tianyang said this, but in his heart he was boycotting Nan Yi: "The boss is good in everything, but he is too damn good at pretending. It would be strange if the boss's wife didn't know about this."
"Oh, I see." Nan Yi suddenly realized, "30,000 is too high. I think 20,000 is enough. Leave 10 sets for me to play with, and sell the rest, regardless of whether they have won the lottery or not."
"Ah?" Zhao Tianyang was dumbfounded. "Boss, according to the last winning rate, a set of subscription certificates can bring at least 400,000 yuan in profit, and there is a great possibility of exceeding 500,000 yuan. Are you selling it now? Or just selling it for 20,000 yuan? We still have more than 2,800 sets of whiteboards!"