Chapter Thirty-Nine Stocks

  So, the list of participants in various winter sports competitions was finally sorted out. Sports Commissioner Gao Fei couldn't help but praise her for it. He had been struggling with it all morning and hadn't been able to get it done, but when Leng Bing took over, she finished it off in no time, neat and tidy. How could he not admire her?

  The list was reported to Li Zhi Xiong, who was very satisfied. However, when he saw Leng Bing Han participating in the 400m and 1000m events, he couldn't help but feel worried and tense. It wasn't until Leng Bing Han repeatedly assured him that he reluctantly accepted, but from the flicker of worry in his eyes, it was clear that he still hadn't fully let go of his concerns. For him, although he very much wanted their class to achieve good results, he would rather have both events forfeited than see Leng Bing Han encounter any unfavorable situations.

  However, as a result, he can no longer enjoy his usual cold and quiet afternoon nap. Chen Ting and Wen Xin are waiting for him at school every day to guide him.

  At noon, Leng Binghan arrived at the playground as scheduled. Chen Ting and Wen Xin were already waiting there. The two seemed to be chatting about something and appeared to be getting along very well. This made Leng Binghan quite puzzled - she had never seen them get along so well before?

  It's called guidance, but in fact it's just everyone practicing together. After all, Leng Bing Xue isn't a professional athlete, and he doesn't really understand these things either. However, relying on his experience of over 30 years from his past life to the present, he still knows some simple tricks and theories, such as how to swing your arms when running in accordance with sports mechanics, what size steps are most suitable for each step, how to grasp the rhythm of arm swings and footsteps, why you can't breathe through your mouth so as not to inhale cold air that hinders gas exchange, the rhythm and speed of breathing, speed control, and energy distribution.

  This knowledge may be shallow for professionals, but for second-grade children who have never heard of or received systematic learning, it is already very rare.

  Under the guidance and demonstration of Leng Bingxue, Chen Ting and Wen Xin both corrected many of their original running mistakes, and were no longer as clumsy as they were at the beginning.

  The last time he won, Leng Bing Han left over a thousand yuan in change, which is equivalent to twenty or thirty thousand yuan now, a huge sum of money. Leng Bing Han can be considered "wealthy and generous". To reward Chen Ting and Wen Xin's hard training, Leng Bing Han would prepare frozen soda, ice cream, or other snacks for them every day at noon. This made Chen Ting and Wen Xin extremely happy. Although both families were financially stable, the children's pocket money was scarce, only a few cents or one mao at most. How could they have ever indulged in such luxury? Every time they savored their treats, it seemed that Leng Bing Han's eyes held many more things.

  Under such relatively scientific training and material incentives, Chen Ting and Wen Xin both trained very hard. Every practice was exhausting, especially for Wen Xin, who had poor physical strength and had to run 1,000 meters. At first, she couldn't even finish running, except for the first few laps, which were basically walked through. However, as they gradually mastered the techniques, the two little girls became more stubborn and refused to give up, gritting their teeth and persisting, and their running also got better and better. Although it's not dare to say that they ran very fast, at least participating in the competition was no longer a big problem, which made the three of them extremely delighted.

  What made him even more delighted was that on the fourth day back at school, he finally received a call from Zhu Jianjun in Shanghai. This finally put his mind at ease.

  There is only one telephone in the school, which is in Principal Xie Changqing's office. Except for the school leaders to use it, occasionally a teacher will use it when something urgent comes up, and as for students, they don't even dare think about using it.

  At that time, Xie Changqing received the phone call and was told it was a long-distance call from Shanghai wanting to speak with Leng Bingxue. He was stunned for at least ten seconds before reacting and hastily calling someone to fetch Leng Bingxue who was in class. This was also because of Leng Bingxue's special status; if it were anyone else, the phone would have been hung up long ago. Not to mention that it's impossible for a principal to remember all the names of thousands of students in school, even if they did, they wouldn't go fetch a student to answer the phone. This is a school, not a student's home, Xie Changqing wouldn't trouble himself like this.

  During this interval, Xie Changqing couldn't help but sigh. This Leng Binghan was indeed not simple. He had been teaching for so many years and still couldn't see through him. Not only did he have good grades, but also a district committee secretary as his father and a mayor as his godfather. And now, someone from Shanghai, a top-tier city thousands of miles away, was actually calling to look for him. This was truly making Xie Changqing feel compelled to admit defeat.

  As soon as he heard that there was a phone call, Leng Binghan immediately thought of Zhu Jianjun. His heart was filled with joy and his face couldn't hide it. He didn't care about his demeanor anymore, taking three steps at once, rushing out, making all the students and teachers stare in surprise, with countless emotions.

  Arriving at the principal's office, Leng Bingxue first politely thanked Xie Changqing, then somewhat rudely asked Xie Changqing to leave his own office.

  Xie Changqing's frustration was beyond words, this is actually my office! However, there was no way out, and he walked out in great frustration.

  Leng Bing Han took the receiver, first taking a deep breath to suppress his racing heart, before answering the phone with a feigned calmness. However, his slightly hoarse voice and trembling hand still betrayed his agitated state of mind.

  He heard a cold and icy voice, and Zhu Jianjun on the other end of the phone was even more excited, his voice choked with emotion.

  These past few days have been a real emotional rollercoaster for Zhu Jianjun, who has never traveled far from home before.

  First and foremost, the nearly 300,000 yuan in cash that he carried with him made Zhu Jianjun extremely nervous. This was almost 300,000 yuan, after all! According to his original lifestyle of living frugally, it would take him 500 years to earn that much money. If something were to happen to the money, he would be held responsible and would have no way to escape punishment. Even if Han Shao's wealth made it easy for him to come by money, he couldn't blame himself for being cautious. After all, he had finally gained Han Shao's recognition and was starting to see better days ahead. If he were to lose the money and ruin his own promising future, forcing himself to start over from scratch, he might as well just die. Therefore, within 24 hours, he kept a constant eye on the money, never leaving it unattended. He couldn't even enjoy his food, and at night, he didn't dare sleep, fearing that something unexpected would happen.

  Secondly, when I first went out, I saw many things that I had never seen before, but the key is that I didn't understand anything, and I couldn't even speak Mandarin. Although I dressed okay, my behavior and mannerisms were still those of a country bumpkin. When speaking or doing things, I was always nervous, afraid to touch this or that, fearing that I would do something wrong, and wherever I went, people looked down on me.

  What made him even more embarrassed was that he wanted to go to the toilet shortly after getting on the train, and after finally finding the toilet on the train, he couldn't open the door, making others laugh at him, and he was so ashamed that his face turned red and he couldn't lift his head. However, this also made him secretly vow in his heart to follow Hanshao well and live a good life, to become a dazzling focus, and not to be looked down upon by others again.

  Fortunately, the things that Leng Bing Han told him at that time were all remembered by himself, and they corresponded to the situations he encountered one after another, and slowly became familiar with them. In this process, his nerves were constantly stimulated, and he was even more convinced of Leng Bing Han: At such a young age, shouldn't you have traveled far? How do you know everything? Is this still human? It's simply divine!

  After swaying on the train for three days, he finally arrived in Shanghai. He followed the crowd and stumbled out of the train station, almost blinded by the throngs of people, the ceaseless flow of cars, the towering skyscrapers, especially the fashionable and beautiful girls on the streets, who looked youthful and radiant, making him feel like he couldn't take his eyes off them, wishing he had a few more pairs of eyes.

  But after sighing, I felt that I was completely incompatible with this city and it seemed difficult to integrate. Fortunately, he had a cold reminder, he was confident, and hurriedly went to find a bank to deposit the money, only then did he let out a long sigh of relief, put his mind at ease, and didn't even bother to eat dinner, found a cheap hostel, and fell fast asleep.

  The next day, he planned to go to the newly established Shanghai Stock Exchange. However, after inquiring for a long time, surprisingly no one knew about it, including many old Shanghainese. This made Zhu Jianjun doubt whether what Leng Bingxue said was true or not. But thinking again, since getting to know Leng Bingxue, had this amazing young man ever made any mistakes? Had he ever failed in anything? He created miracles, and himself, was helping him create these miracles. This gave him a sense of accomplishment.

  He didn't give up and continued searching, finally finding out the specific situation in the afternoon. However, after understanding it, his heart sank.

  China's first stock exchange, established on December 10, 1985, issued six stocks, namely Feilo Acoustics, Yanzhong Industrial (now Founder Technology), Aishi Shares, Vacuum Electronics, Shenhua Industrial (formerly Huachen Group), Feilo Shares, Yuyuan Commercial City, and Zhejiang Fenghuang, also known as the "old eight shares".

  Twenty-five securities firms from Shanghai, Shandong, Jiangxi, Anhui, Zhejiang, Hainan and Liaoning became members of the exchange, categorized into professional brokerage firms, professional dealers, supervisory brokerage firms and proprietary trading firms. The exchange only adopted spot trading methods and did not engage in futures trading. In its initial stages, it mainly traded bonds including government bonds, corporate bonds and financial bonds, while also conducting stock transactions, later gradually transitioning to bond and stock trading simultaneously.

  On the first day of trading, the situation on the spot was somewhat ironic: the exchange that had been built with great difficulty did not turn out to be as hot as some leaders had imagined. There were almost no buy and sell orders. In the end, Shanghai's first trading day opened at 96.05 points and closed at 99.98 points, the highest price of the day, with a total turnover of only 4.94 million yuan, including a considerable amount of government purchases.

  Since the stock was issued, the sales volume has been less than 10%, among which four stocks have fallen below the issue price, with the lowest being only 0.82 yuan. Except for government-related institutions that symbolically purchased some stocks for work purposes, individual stock purchases are extremely rare. As soon as people mention stocks, they shake their heads and think it's a failed experiment promoted by the government.

  After understanding the situation, Zhu Jianjun didn't dare make a move and quickly found a public phone to call Leng Binghan long-distance.

  It's a cold and icy sound, but it's music to my ears. If everyone saw it, could it still be called a once-in-a-lifetime opportunity?

  At that time, the reform and opening up had not been going on for many years, and the pace of ideological emancipation was still very slow. For most people who had experienced **, the problem of whether stocks were capitalist or socialist had not been solved yet! The leftist ideology made scholars avoid it, fearing that they would get involved in something bad and get burned. In the theoretical circle, discussions were all about inflation, savings trapped in a cage, regional economy, central city and so on, and few people cared about researching stocks. It was nothing like the hot topic it became after several years or decades, when even an 80-year-old old lady knew how to buy low and sell high, and even third-grade primary school students knew that stocks could raise funds!

  From Zhu Jianjun's incomplete narrative just now, Leng Binghan finally felt at ease. The butterfly effect he had been worried about did not occur, and China's securities market was developing completely along the trajectory of the previous life.

  In the past, China's stock market only experienced a dramatic turn with the clarification of policies and the use of computer trading systems.

  Three months later, shortly after the 1986 Spring Festival, the Shanghai Stock Exchange took the lead in adopting the world's most advanced computer trading system. On the basis of electronic trading, it also solved the problem of paperless stock trading. With this equipment, instructions for transmission, matching transactions, securities transfer, clearing and settlement, information retrieval and storage, etc. can all be efficiently operated. This has had a profound impact on the development of China's securities market.

  It can be said that without the technical foundation of electronic trading, China's securities market would not have been able to expand at such a rapid pace, nor could it have supported the rapid spread across urban and rural areas in just a few years, or even over a decade, allowing tens of millions of investors to participate in daily transactions worth hundreds of billions.

  The emergence of electronic trading systems has driven and supported the rapid development of the securities market since then. At that time, it was a world-leading innovation.

  After that, the whole nation went crazy and rushed to buy stocks. There were only a few stocks in the country, although the state did not want the stock prices to skyrocket and deviate from the predetermined track, and repeatedly set price increase limits, from 5% at first to 1% later, and even for stocks like Yuyuan Commercial City, the securities exchange limited the daily price increase to 1 yuan, later relaxed to 7 yuan per day, with a trading volume of over 100 hands required to raise prices. However, the stock prices continued to rise sharply, with Yuyuan Commercial City's issue price at 15 yuan per share (the lowest was 11.73), rising to over 10,000 yuan per share, and still almost impossible to buy, with one ticket hard to get.

  Having thought of this, Leng Bing coldly and unhesitatingly gave Zhu Jianjun the order to buy immediately, as much as possible. After buying, he would stay in Shanghai to rest, travel, and observe various business opportunities, waiting for his next instruction.

  Although Zhu Jianjun was still somewhat perplexed, with Leng Binghan's instructions, he felt much more confident and believed that Leng Binghan could create a miracle. He just needed to follow the plan. Just like when they went gambling that day, when the final card was revealed, there would definitely be a result that would astonish everyone.

  At the end of 1985, the Shanghai Stock Exchange was deserted and quiet, with only a few people in the large trading hall, mostly employees of the exchange. When Zhu Jianjun walked in, almost all eyes were focused on this somewhat rustic-looking young man from outside.

  Locals in Shanghai generally have a sense of superiority and look down on outsiders, privately referring to them as "country bumpkins". Now that they see it's just a very rustic "country bumpkin", they quickly lose interest. Those who were chatting continued chatting, those knitting continued knitting, and those reading the newspaper continued reading, each going about their own business.

  However, when Zhu Jianjun opened the package and took out a large sum of money to buy stocks, everyone was stunned. Except for purchases by public institutions, they couldn't sell that many stocks in a week, let alone the fact that the person buying the stocks was such an unremarkable "country bumpkin".

  Seeing such a scene, everyone was surprised and couldn't help but think to themselves: How come these "country bumpkins" are all so rich now?

  However, work still needs to be done. After submitting his personal ID and filling out some necessary forms, Zhu Jianjun's money was soon converted into a thin stack of stock certificates.

  Zhu Jianjun looked suspiciously at the tens of thousands of dollars in cash that had been exchanged for dozens of stock certificates, and he felt very uneasy. However, based on his blind admiration and trust in Leng Binghan, this time he not only followed Leng Binghan's instructions to buy 270,000 yuan worth of stocks, but also bought a total of 285,000 yuan worth of stocks, leaving him with only over 3,000 yuan after deducting the 10,000 yuan reward and 10,000 yuan travel expenses that Leng Binghan had given him. What could he use such a large amount of money for? He felt guilty about taking it, but still decided to help Leng Binghan buy stocks with all his might.

  He didn't know that due to his own carelessness, he himself became a millionaire in a few months. This is also the case with "intentionally planting flowers but not blooming, and unintentionally inserting willows into shade".

  As Leng Binghan didn't specify which stock to buy, when the staff asked him, he was also at a loss. This made the staff very puzzled - how could this "country bumpkin" come to buy so many shares and not even know which one to buy? It's really strange.

  Finally, Zhu Jianjun thought for half a day and, to be on the safe side, bought some of each of the eight stocks.

  When he called the principal's office of Lixian Primary School again, Li Bing finally put down his heart after anxiously waiting for half a day. His first step in deployment was about to be revealed.

  Note: The above statements about the Chinese stock market are unrealistic, completely set according to the needs of the plot, and are not realistic works. Please do not delve deeper, and do not compare with real events.

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