Chapter 588 A Little Test of One’s Skills

The Chinese Association was co-founded by Fang Jinxin, Chen Wanxian and other Chinese securities elites. Initially, Fang Jinxin founded the Chinese Association because the stock exchange controlled by foreigners discriminated against Chinese companies and prevented many high-quality Chinese companies from going public for financing.

However, after the founding of the Chinese Association, Chen Wanxian and others became obsessed with interests. They not only demanded black money from companies that wanted to be listed on the Chinese Association, but also manipulated stock prices to harvest investors, resulting in heavy losses for many investors. Therefore, in order to kick out Chen Wanxian and other black sheep, Fang Jinxin A huge gamble was launched, but in the end both sides suffered losses. Chen Wanxian was imprisoned, while Fang Jinxin became a vegetative state because his head was hit by Ding Xie.

And stock market veterans like Chen Wanxian, after being released from prison, are still using information gaps to harvest investors. At this time, they have become a feared giant in the Hong Kong stock market.

In the 1980s, Hong Kong's securities market regulations were not standardized. Qin Hao knew very well that if you want to make money in the stock market, it is useless to study the performance and financial reports of companies, because bankers like Chen Wanxian will use various means to falsify .

Instead of studying the company, it is better to study the banker's trading techniques and habits.

The exchange was crowded with stockbrokers and eager investors. The most striking difference between the two was that the stockbrokers were wearing red vests.

"Sir, you look a little unfamiliar. Do you want to buy stocks? Do you need me to recommend one for you?" A man wearing a red vest said to Qin Hao enthusiastically.

Qin Hao shook his head: "No need, I'm just curious and took a look."

The man left with a disappointed look on his face.

Qin Hao looked at the blackboard hanging on the exchange. Stock brokers were constantly marking buying and selling information on it. In the 1980s, computers were expensive and the technology was immature. A large amount of money was involved in transactions. Investors were still more willing to trust people, so Xiangjiang's The exchange still maintains this original trading method.

"It's gone up, it's gone up, and Merit has gone up again!"

"It seems that Chen Wanxian didn't lie this time. The price has really gone up."

"Oh, you can't tell. How can this old fox Chen Wanxian be so kind? He might be trying to trick us into entering."

Shareholders and stockbrokers were talking a lot, but it could not hinder the rise of "Melito" stock, which soon reached 1.2.

Qin Hao has never made a move. The amount of funds in his hand is not small. Once he enters the market, he will definitely arouse the vigilance of Chen Wanxian, an old fox. If retail investors want to take advantage of the banker, unless another banker enters the market, the two tigers will fight to win. Food.

For several days in a row, Qin Hao would stay at the exchange every day when the market opened. On the one hand, he studied Chen Wanxian's trading habits, and on the other hand, he also analyzed the overall situation of the Hong Kong stock market.

For others, it is undoubtedly a dream to obtain the required content from such complicated information, but Qin Hao has the computing power of AlphaGo to support it, and it is just a piece of cake.

During this period, Qin Hao also met Fang Zhanbo's master "Ye Tian", who was also a poor man. He sent Chen Wanxian to prison with Fang Jinxin and helped the Chinese Association get back on track. Unfortunately, Fang Jinxin was beaten by Ding Xie and his brain was damaged. Ye Tian could only fight alone because of the loss. During a sniper attack on foreign speculators, his son embezzled public funds to buy stocks selected by foreign speculators. In the end, the stocks became worthless. His son couldn't bear it and turned on the gas at home. As soon as Ye Tian rang the doorbell, his son, daughter-in-law, and grandson were all burned to death. From then on, Ye Tian became crazy.

"Mr. Qin, do you have any thoughts after watching it for so long?"

The stockbroker walked up to Qin Hao a few days ago and asked with a smile.

Qin Hao smiled calmly: "That's almost it."

"Really? Do you have any plans to play a few hands? How about I recommend a stock for you?" The stock broker does not believe that Qin Hao can understand the stock market just by looking at it for a few days, but this does not prevent him from improving his performance. .

"Okay, then open an account for me." Qin Hao said lightly.

When the stockbroker heard this, he thought to himself: He is really a rookie, he doesn’t even have a securities account.

"Mr. Qin, please follow me. What level of account does Mr. Qin plan to open?" the stockbroker asked casually while leading the way.

"Oh? Are there levels of accounts?"

"Of course, if the account you open with our company is less than 10,000 yuan, the commission we charge is 0.3%. If the account is more than 100,000 yuan, the commission we charge is 0.29%."

Before the stockbroker could finish speaking, Qin Hao interrupted directly: "What if it's 60 million?"

The stockbroker paused, wondering if he had heard wrongly. He looked at Qin Hao in surprise: "How much more?"

"Sixty million, what's the problem?" Qin Hao asked.

"Mr. Qin, are you kidding me?" The stockbroker looked strange, but I really don't blame him. After all, in Xiangjiang in the 1980s, people at Qin Hao's age who could afford 60 million were basically super Rich second generation, how is it possible that these rich second generation don’t even have securities accounts?

"Do you think I'm joking?"

Seeing that Qin Hao had an extraordinary temperament and was wearing all famous brands, the stockbroker was a little undecided, so he gritted his teeth.

"Mr. Qin, I can no longer handle customers of your level. How about I ask our manager?"

Qin Hao nodded: "Okay, hurry up, I'm in a hurry."

"Please wait."

Ten minutes later, the stockbroker came over with a middle-aged man in a suit and leather shoes.

"Mr. Qin, are you sure you want to open a 60 million account?" The manager looked polite with a smile on his face.

"Just tell me what conditions you can offer."

The manager said seriously: "For big customers like you, we usually charge a commission of 0.23%. In addition, we will also arrange a special stock broker and a special stock observation room for you, where you can view all stocks directly on the computer. Trading Information"

Before he finished speaking, Qin Hao raised his hand to interrupt: "0.2% commission, I can transfer the money in now."

"This" the manager was a little surprised by Qin Hao's straightforwardness, and nodded in agreement after a little hesitation.

"Okay, but you need to sign a confidentiality agreement with us, after all, such a commission ratio."

"no problem."

Seeing Qin Hao agreeing so readily, the manager and stockbroker both believed that the young man in front of him was really "good" and hurried to prepare the contract.

It wasn't until the moment Qin Hao completed the transfer that the smiles on the faces of the manager and the stock broker completely blossomed. From now on, no matter how Qin Hao trades, whether he makes a profit or loses, they will all get a bonus.

"Mr. Qin, which stocks do you plan to buy? Do you need me to recommend a few for you?" The stockbroker stepped forward with a smile on his face.

Qin Hao waved his hand: "Don't be anxious now, wait a moment."

At first, the stock broker didn't care. He felt that Qin Hao, like all novices, was confused and didn't know where to start. However, after several days, Qin Hao still had no intention of taking action, which made him very puzzled. And Qin Hao can only get the bonus if he makes a transaction.

"Mr. Qin"

Just when the stockbroker was about to persuade Qin Hao again, a voice suddenly came from behind.

"Hey, aren't you the one across from me? Do you also trade in stocks?"

When Qin Hao turned around, he saw a dark-faced man with messy hair looking at him in surprise.

"Who are you?" Qin Hao deliberately pretended not to know Fang Zhanbo.

Fang Zhanbo scratched his head: "We live across the street, have you forgotten? My sister Fang Min often chats with your grandma, but I don't go out very often, so I rarely meet her."

"Oh, it turns out you are Fang Min's brother." Qin Hao suddenly looked surprised.

The stockbroker looked at Fang Zhanbo in great surprise. This fat, black-faced man, who was all about selling goods, actually said that he was a neighbor to his big benefactor. Could it be that he was also a rich and low-key rich man?

"Hey, Ah Hao, which stock did you buy? Did you make a profit or a loss?" Fang Zhanbo looked familiar when talking about stocks.

Qin Hao calculated the time. Fang Zhanbo should have met "Ye Tian" during this time, and it seemed that he should have cheered up again.

"I haven't bought it yet, what about you?"

Before Fang Zhanbo could answer, a middle-aged fat man walked over angrily, and Fang Zhanbo scolded him.

"I invited you here to clean the house, not to chat here. Do you still want a salary?"

"Yes, yes, I'll go right away." Fang Zhanbo left in embarrassment, and at the same time, he didn't forget to shout to Qin Hao: "Let's talk later."

The stock broker couldn't understand Qin Hao at all. Fang Zhanbo worked as a sweeper at the exchange. He was obviously not a rich man, but he and Qin Hao were neighbors?

At this moment, there was a sudden commotion in the exchange.

"Watch the news!"

"TVB Financial News, recently Melito executives revealed that due to the surge in revenue last year, Merito will distribute a dividend of HK$80 million at the end of the month."

Dividends are another way for investors to obtain income besides buying low and selling high. Generally speaking, listed companies will pay dividends once a year. Of course, most listed companies will not pay dividends because this is tantamount to putting their own money. Money is given to others for no reason. For the major shareholders of listed companies, they will not feel that retail investors are supporting the company by buying their own stocks, nor will they recognize that these retail investors have the same rights as themselves.

In fact, most of the time, listed companies pay dividends so that major shareholders can openly put the company's money into their own pockets. Generally, at times like this, many shareholders will start to increase their holdings of company stocks in order to maximize their own interests. .

For stock investors, such a piece of news is undoubtedly telling everyone that the stock price of "Melidu" is about to rise, so hurry up and get on the bus.

"Mr. Qin, this is a good opportunity to make a fortune." The stock broker also said to Qin Hao excitedly.

Qin Hao knew very well that the dividends were simply fake news released by Chen Wanxian in order to increase the stock price of "Meilidu", but Qin Hao still told the stockbroker.

"One dollar for three, buy three million shares of Merito."

At this time, Meilidu's stock price was at a low level, so it was more appropriate to get on the bus. However, Qin Hao did not invest all the funds at once. That would not only easily raise the stock price all at once, but also easily arouse Chen Wanxian's alert.

An hour later, Qin Hao had bought five million shares of "Milidu". At this time, the stock price of "Milidu" had risen to one dollar and forty-five cents, and it was about to close. Only then did Qin Hao ask the stockbroker. stop.

"Mr. Qin, you made nearly 700,000 today alone. It's really amazing." The stockbroker complimented excitedly.

Qin Hao just nodded lightly. Seven hundred thousand a day may be a huge sum of money to others, but to Qin Hao, it is not worth mentioning at all.

Seeing Qin Hao's calmness, the stockbroker couldn't help but wonder if this young man in front of him was really playing stocks for the first time.

Seeing that the market was closed, all the stock investors were leaving. Fang Zhanbo started cleaning. Seeing that Qin Hao hadn't left yet, he ran over to say hello. After hearing the stockbroker's words, his mouth opened wide.

"Ahao, is he serious? Did you really make 700,000 yuan in one day?"

Qin Hao made a shushing gesture towards Fang Zhanbo and said angrily: "Do you want me to give you a trumpet so that you can shout out?"

"Sorry, I'm so excited. I haven't seen so much money since our family fell into poverty." Fang Zhanbo scratched his head and said.

"Forget it, you go ahead and do your work first, I have to leave first."

"Hey, wait for me. Have you driven? Are you going home and giving me a ride?"

Qin Hao pretended not to hear Fang Zhanbo's unreasonable request and walked out of the exchange quickly.

After driving to the parking lot near the public rental housing, Qin Hao walked home and happened to meet Fang Min after school. The little girl was obviously a little nervous when she saw Qin Hao.

"I saw your brother at the exchange today. He is working as a waiter, so he has a job."

Fang Min looked surprised when he heard this: "Really? Thank God, brother, he finally started to make progress."

As he spoke, he cried with joy.

Qin Hao was about to comfort her, but when he looked up, he found that many neighbors were looking at him with disgust.

Okay, misunderstood again.

"If you keep crying, I won't be able to explain clearly." Qin Hao smiled bitterly at Fang Min.

Fang Min then wiped away her tears and said to Qin Hao embarrassedly: "I'm sorry, it's all my fault."

Qin Hao was happy, this little girl was so innocent and cute.

"It's not like you misunderstood me. Why do you apologize to me?"

Fang Min hesitated and turned red.

"Actually, I should be the one thanking you. I'm usually not at home and you often chat with grandma. She told me all about it."

The relationship between the people at the bottom is often not friendly. Because of Qin Hao's identity as a young and dangerous boy, many neighbors keep a distance from Grandma. This is why Grandma Cai played with her so quickly after she moved here. What the elderly fear most is loneliness.

"You're welcome. You've helped us before." Fang Min's voice became softer and quieter. If Qin Hao hadn't had better hearing, he might not have been able to hear clearly.

Qin Hao pretended to sigh, which made Fang Min look confused.

"A beautiful girl like you should be more confident. Learn from your second sister. If it doesn't work, you can just imitate your eldest sister's shrewdness. But don't imitate Sister Lin. You won't be stupid if you study."