Chapter Five Hundred and Thirty First: Ten Years Hundred Times
I remember when Huang Han was studying economics in the Party School’s young cadres training class, he memorized the time when Tianqiao Department Store, the first joint-stock company in China, was established.
Huang Han also knew that the Chinese people at that time did not believe in stocks, which represented evil capitalism.
The original capital note of Tianqiao Department Store also stated that the annual interest rate of principal and interest payment is about 5%.
However, there was no stock market at that time, prices were rising, and the corresponding five percent interest was not as good as the three-year, five-year, and eight-year bank interest.
What should ordinary people do if they want to exchange stocks for cash? Fixed deposits cannot be counted as a current account to withdraw money immediately. Can stocks be made? Therefore, the sales of stocks are not ideal.
Before Huang Han followed his parents to Hangzhou, he asked Zhang Fangfen to accompany him to find Li Jun. The original shares of Tianqiao Department Store Co., Ltd. were sold by Industrial and Commercial Bank of China.
In fact, before the emergence of stock exchanges, most of the original shares were issued by bank agents.
Huang Han asked Li Jun to contact the head office to find out the time of the stock sale, and could even book the stocks of Tianqiao Department Store for 150,000 yuan.
If you make money easily and you cannot invest too much, this is the discipline that Huang Han set for himself.
He still had concerns, worried that an accident would occur due to a successful company he knew had changed its shareholder structure.
I think I should not have much impact on buying the original shares of Tianqiao Department Store Co., Ltd. for 150,000 yuan.
Li Jun has now become the deputy section chief. Because Industrial and Commercial Bank of China is a new unit, there are many opportunities. Li Jun's outstanding performance in the first half of the year is naturally promoted.
After he understood Huang Han's purpose, he agreed to do this immediately. If the stock has not been sold yet, he could reserve 150,000 yuan.
Zhang Fangfen knew that her son never aimlessly, although she couldn't figure out what stocks were.
I can't understand why Huang Han bought stocks from a department store on the other side of the capital thousands of miles away, but hesitated to leave Li Jun with a current deposit certificate of 150,000.
She said: "Secretary Li, my Huang Han can be the head of the family. In the future, he will come to you to do such a thing by himself. You can help with it directly, and I don't need to be present."
"Auntie! Is it good to call my name? I feel so furious when I call Section Chief Li."
"You are now the well-deserved Section Chief Li!"
"Hehehe..." Li Jun smiled and said, "It's the deputy, aunt, I know Huang Han's ability. My Xiaomei is the one who is helping with tutoring, and I don't treat him as a child at all."
Huang Han said: "Tell me or tell my mother immediately if you have any information about which company issuing stocks in the future, my family will buy some more or less."
The unit that issues shares through banks is basically not a scammer, so Huang Han made a clear statement that he could buy some.
Li Jun agreed readily: "Yeah! I understand."
"It's not necessarily your ICBC, you can also help inquire about other banks."
"Okay! I'll pay attention."
After leaving the bank, Zhang Fangfen asked Huang Han what the meaning of stocks and what the situation of Tianqiao Department Store was.
So Huang Han talked about the formation of stocks very carefully, talked about the mature stock market of capitalist countries, talked about Marx and Engels who affirmed the shareholding system...
Finally, Huang Han asserted that if he could buy the original shares of Tianqiao Department Store, it would take less than ten years to increase the value of the stock by a hundred times.
Zhang Fangfen is in a mess in the wind. What kind of business can you do with a capital of 100 times in less than ten years?
She didn't believe it and said, "Our family should make a lot of money in business, and it's not that great! Are you a little too optimistic?"
"Mom, it's really amazing to double the development. It seems a lot in ten years and one hundred times. It's actually less than double every year. In the past three years, the money we earn from doing business has doubled in more than a year."
“Two, four, eight, sixteen, thirty-two, sixty-four, one hundred and twenty-eight…”
Zhang Fangfen bent a finger several times, and then she said, "It really makes sense that you say this. It's a hundred times in ten years. In fact, it doesn't take a double every year. Our family has more than doubled every year in the past three years!"
In the past three years, Huang Han likes to talk about economics and development with his mother the most. Seeing that she listened seriously, Huang Han explained in more detail.
"When the base is small, it is easy to double, and when it reaches a certain level, it reaches its limit, and the possibility of doubling again is slim."
"Well! It makes sense, but I think the output value of the 'Fresh Fashion Clothing Factory' this year can double its profits and taxes. But if it's just a hotel, it can't be done, and its turnover will increase by at most 30%.
"Yes! "Things turned out to be a hotel" full customer service has become normal, and there is no room for improvement in reception capacity, which is reaching the limit.
The "New Fashion Clothing and Bag Factory" faces the whole country and the whole world, and the potential for continuous double still exists."
"I understand that Tianqiao Department Store raised capital by issuing stocks, and its business should have doubled. It is really possible to increase by 100 times in ten years."
"So our family later found that there were some original stocks that were bought, which was definitely a good thing to enjoy."
"Well! Of course you have to buy it. It took more than doubled in ten years to deposit it in the bank. Even if you don't have a hundred times, it's a good deal to double it!"
Seeing that the mother was understandable, Huang Han felt proud. He didn't say that there was risky investment in the stock market at the moment.
This sentence will not be necessary until after 1992.
The current situation is that as long as the stocks sold by the bank can be multiplied many times, you can buy a bag with your eyes closed and you will not lose money.
Hehe! The original stock is not just Tianqiao Department Store, but there will be many in Shanghai City in the future. Most of them will have the same situation, that is, ordinary people dare not buy it.
Before the stock market appeared, the sale of stocks was a real sale of promissory notes, and they were sold by banks.
There was a story like this: when the old lady was making a deposit, she was fooled by a bank teller who had a sales task and bought stocks. She couldn't figure out what it was, so she put the stocks at home as a passbook.
Later, when I was anxious to use the money and took out the stock to withdraw money from the bank, I realized that this was the original stock of a listed company. The value of it increased by a hundred times, and the old lady was on the spot...
Everyone loves to listen to stories about getting rich. Is this true? God knows.
Huang Han is rich now, so he just reminds Li Jun, a middle-level official in the bank to always pay attention to the time of stock issuance, and then buy all the spare money in his hands into original stocks, so that he will not be able to increase by a hundred times, dozens of times, or dozens of times, which is light and fluent.
In the 1980s, there were really many opportunities for one night to explode, and if you make good use of it, you will definitely win without hesitation.
The whole family went to Hangzhou, and Huang Han actually wanted to take Lu Yao too much, but unfortunately he couldn't do it.
When going out for a trip, the study group could not be disbanded. Huang Han urged Zhang Chunmei to be responsible for the study of Lu Yao and Wang Huiling.
The study group still came to Huang Han’s house to do his homework. Anyway, there was Liu Xiaolian and Yu Qin’s sister Yu Xia to clean up. Take care of him. Liu Xiaolian has the key to the side door.
Leave the key to the main door for Chengwen Pavilion and let him be responsible for opening the door without any worries.
However, the last time we went to Hangzhou for a trip was not a family of five, but a group of six.
Huang Daozhou's grandson Huang Yu and the virtuous Zhang Fangfen took the initiative to talk to Yang Xueru and brought it with her.
Huang Jin is taking over a project in Shanghai, and Yang Xueru has to go to work, so it is impossible to travel with her. Huang Yu is promoted to the second grade this year, and it happens to be on the summer vacation. Of course, she likes to go out with her grandfather.
Chapter completed!