After the stock market opened in the afternoon, Wang Lin and Yan Qin came to the securities hall.

As soon as they arrived, they were crowded into it by the stockholders.

Wang Lin searched around for Tian Xiaoqing's figure.

"Give it, let it go!" A woman squeezed over and pushed Wang Lin while squeezing.

Wang Lin said: "Sister, don't squeeze! You can't get in. You can see the screen just like standing here."

"Oh, I'm sorry! Comrade!" The woman was wearing a floral shirt, about 20 years old, and the typical Shencheng woman looked very smart and clever. She spoke fluent Shanghai language, staring at the screen without moving, "Oh, I fell again!"

Wang Lin said: "Sister, if you have any stocks, sell them quickly! There will be a drop in the market!"

"Comrade, don't say it's falling! I'll lose money if it falls!" The woman looked anxious.

At this time, Wang Lin saw Tian Xiaoqing.

Tian Xiaoqing also saw him, waved his hand to him, and then squeezed over.

"Today it was so crowded! More and more people were trading stocks!" Tian Xiaoqing came to Wang Lin and smiled, "It fell again today! It only took half an hour to open the market in the afternoon, and the Shanghai Composite Index fell another 30 points! I have never seen such a fall!"

Wang Lin thought to himself that the stock market still has to fall!

The woman next to her turned around and said, "I said you guys, haven't bought stocks? Why are you so happy to see the stock price drop?"

Tian Xiaoqing smiled and said, "We also trade stocks, but we have cleared the stock!"

The woman said, "Then you lose a lot, the stock price will rise tomorrow."

Wang Lin smiled and said, "The rise and fall have nothing to do with us!"

The woman said, "Then you still come to see you?"

Wang Lin said: "Wait until the stock price falls to the bottom, we will buy at the bottom."

"..." The woman gave him a blank look, "Comrade, I tell you that the stock price will definitely rise! If you don't believe it, wait and see. I won't sell it, I will keep it! I have confidence in the stock market."

Most investors, like this elder sister, have confidence in Shanghai stocks.

Even Wang Lin himself couldn't believe that the stock price would fall so quickly and so low!

In mid-May, the Shanghai Stock Exchange fully liberalized its stock price, and the market jumped directly, opening higher to a high of 1,260 points.

Yesterday it rose to a record high of 1420 points.

The stock price soared.

The increase in the five new stocks was as high as 3,000%!

Who would have thought that the stock price would fall so much overnight?

Yan Qin asked: "Wang Lin, are you really sure that the stock price will fall sharply?"

Wang Lin looked at the market index, nodded slowly, and said, "This price may be able to last for a while. If you sell now, you will just make less money. If you are reluctant to sell, you will be afraid that it will really fall to the bottom."

The stock price has risen so much before. Yan Qin’s capital has been thrown into it. She has made several times more money. Even if it falls now, it will not be a waste of money.

Yan Qin bit her lip, she was judging whether Wang Lin’s judgment was correct.

Wang Lin smiled and said, "Believe me! Go and sell it quickly, otherwise you will have to fall tomorrow."

Yan Qin said, "Okay, then I will listen to you, I will throw it away!"

Wang Lin said: "When did I harm you?"

Yan Qin smiled and said, "If you can become the richest man in the mainland, you must have your strengths, so I'd better listen to you."

When the woman heard this before, she looked at Wang Lin in surprise: "The richest man? The richest man in the mainland? He? Who is he?"

Yan Qin was about to speak, but Wang Lin stopped him: "I am not the richest man, you heard it wrong."

The woman said, "I just said, isn't the richest man the one who can exchange cans for airplanes? I heard that he has billions of assets!"

Wang Lin smiled and said, "Yes, the richest man is him!"

Yan Qin smiled and shook her head, whispered: "You don't want to be the richest man so much?"

"The word "richest man" is easy to inflate." Wang Lin said, "My ability is still not able to grasp this word."

"I didn't expect you to be so low-key." Yan Qin smiled, "Okay, I'll sell the stock."

Wang Lin nodded: "Listen to me, you can't be wrong."

Fortunately, Yan Qin stopped the loss in time after hearing Wang Lin’s words!

Others are not so lucky.

After all, not everyone is willing to listen to Wang Lin's words.

He told the elder sister beside her that she asked her to sell the stocks in time, but the other party just thought it was indifferent.

There are many people who are reluctant to give up their lives like this elder sister.

Jin Laosan is also among them. On the one hand, they are reluctant to give up their losses, and on the other hand, they are confident in the stock market.

The rise and fall of the stock market is also closely related to a data.

However, few investors in this period paid attention to these policy changes.

This data is the stock transaction stamp duty.

Stock transaction stamp duty is developed from ordinary stamp duty and is a tax specifically levied on the amount of stock transactions.

my country's tax law stipulates that stamp duty is imposed on the basis of equity transfer established by buying, selling, inheriting and gifting in the securities market, based on the amount calculated at the actual market price at the time of establishment. Stamp duty on stock transactions is also a means to increase tax revenue. It is also one of the important tools to regulate the stock market.

The stamp duty on securities transactions was first levied in Shenzhen City in 1990. At that time, it was mainly to stabilize the start-up stock market and moderately adjust the stock trading income. The seller was charged at 0.6% of the transaction amount.

In June 1992, the State Administration of Taxation and the National Social Reform Commission jointly issued a document, clearly stipulating that both parties to stock transactions should pay stamp duty at 0.3%.

Many investors do not realize what changes this change will bring to the stock market.

The stock market's response to this stamp duty adjustment was significantly slower.

But it didn't take long, and the Shanghai Composite Index began to fall like a sharp drop!

In June, the Shanghai Composite Index fell from 1420 points to around 400 points.

The stock market is full of sorrow.

Regulatory means cooled down the fanatical stock market and made fanatical investors become appropriately rational.

This is a reform growth process.

Some people benefited from it and became millionaires, while others lost everything overnight.

In June, Yan Qin was still in Shencheng.

When she heard the news of the stock market plummeting, she was deeply shocked!

It’s good that Wang Lin said, otherwise, the money she invested in the stock market would be lost.

But the old liar Jin Laosan did not sell his stock because he imagined that the stock price would rise.

There were many people who had the same idea as him, and for a moment, there was a lot of wail in the trading hall.

With Wang Lin's intervention, Jin Laosan signed an agreement with others when he was raising funds to trade stocks. Now the stock price has plummeted, and Jin Laosan can't afford to pay for compensation.

Not only did Jin Laosan invest all his capital into the stock market, he also borrowed usury!

When the stock price plummeted, Jin Laosan felt something was wrong.

But this old liar still didn't escape.

Because he believes that as long as the stock is still in his hands, there will be a chance to make a comeback.

On that day, Wang Lin went to work and just arrived at the company, he saw that the door of Huamei Hotel was filled with citizens.

"What happened? Did you send a red envelope?" Wang Lin asked.

Uncle Zhong didn't know what happened, so he had to answer: "Mr. Wang, I'll go and inquire."

At this time, the elder brother rang.

Uncle Zhong quickly took out his elder brother and handed it to Wang Lin.

Wang Lin answered the phone.

"Mr. Wang!" Yan Qin said hurriedly on the phone, "Our hotel is blocked!"

Wang Lin said in a deep voice: "I saw it, what's going on?"

Yan Qin said: "They all came to find a customer. The customer stayed in our store for a long time, and we couldn't let anyone in! When I saw them coming in a fierce manner, as if they were trying to eat people, I felt scared. There was no lawsuit for death in our hotel!"

"What's the name of the guest you mentioned?"

"It seems that his surname is Jin. I really don't remember what his name is."

"Jin Lao San?" Wang Lin sneered, "I didn't expect that he would be today too!"

"Mr. Wang, do you know him? Is he your friend?"

"Haha! Friend? He is my enemy!"

"Really? Then I don't care about his life or death."
To be continued...