1928: The rise of giant merchants
Chapter 428 People are panicked
October 3, the 18th year of the Republic of China (1929).
Shanghai Tang, the headquarters building of the Business Group Cleanup Committee.
Office of the Vice President.
Lin Kanghou happily hugged the pretty girl he had just bought from the Jinling Grand Theater, smoking and drinking, moving his hands up and down, so happy.
Since being recommended by Ye Luo as the vice president, he has overcome the embarrassing situation he was in at the General Chamber of Commerce and has become a business tycoon who is inferior to one person and superior to ten thousand people.
Not long ago, the second young master suggested not to invest more money in US stocks, but the Shanghai investment group headed by him sneered at this. They felt that the second young master had made enough money and was not as motivated as before.
He had already learned about the situation of the U.S. stock market from countless channels, and that was a golden mountain that was producing millionaires every day!
Only a fool would give up on stocks.
After the second young master returned the capital, Lin Kanghou followed Edward Sassoon and a group of Shanghai investors to increase their money and continue to invest in US stocks.
Of course, their upstream is still Hongxing United Group, but now the vice president is no longer the second young master, but a Chinese named Liu Xuenong.
It doesn’t matter who you are, as long as you can lay golden eggs for yourself.
"Master, will you come to my place to rest tonight?" The pretty girl actress put her arms around his neck and asked in a sweet voice.
"Go, go, of course, I will do it tonight."
Before Lin Kanghou finished speaking, the door of the office was pushed open forcefully.
"Who is so bold?"
Lin Kanghou glared angrily and looked around in displeasure. What caught his eye was Yu Qiaqing, who looked not very good.
He quickly pushed away the girl in his arms, licked his smiling face and stood up to greet her: "Hey, President Yu, why are you free to come here today?"
Yu Qiaqing watched the girl leave the office, kicked the door shut, took out a stack of telegrams and threw it in front of his eyes: "This morning, the dividend from the United States came, did you see it?"
"Dividends? I'm not busy, I haven't gone to see it yet." Lin Kanghou smiled awkwardly, picked up the telegram, and after reading it carefully, his face became ugly, "Why are there so few? Divided in one month To tens of thousands of oceans?”
"Tens of thousands is still too little. I heard that many people have lost money." Yu Qiaqing replied with a sneer, "When the second young master was here, he could divide nearly 300,000 oceans in the first month. Now even I only have less than 100,000 left." Here it is, this stock, tsk tsk tsk.”
"Why don't you call Jinling and ask?" Lin Kanghou asked tentatively.
The money was clearly divided, but he always had a bad feeling.
"Putty! From now on, if anyone calls me again and asks me about the U.S. stock market, I will kick him out of the National Government!"
In the Song Mansion in Jinling, Song Ziwen had not played mahjong in the past few days. He was so angry from morning to night that no one else dared to approach him.
Tang Fuhe nodded, sighed and left.
The dividend received this morning was much smaller. Although two hundred thousand yuan a month was far more than many businesses, this dividend was too small compared to the equity invested by Song Ziwen.
It was far different from the income he expected from the tobacco business.
The key point is that compared with when Ye Luo was here, the gap in my heart is even greater.
He knew that Song Ziwen actually wanted to call the United States several times to inquire about Ye Luo, but because he had just had a quarrel with the principal's wife over this matter, and because they did not listen to the advice and insisted on continuing to invest in US stocks, they would go now. Asked, Song Ziwen couldn't help but feel ashamed.
On the other side, Wang Zhengting was already discussing with the heads of foreign affairs of the British and American powers on the issue of tariff autonomy and the withdrawal of consular jurisdiction. The situation at home and abroad was very tense, and the financial pressure was great. The burden basically fell on his shoulders, leaving Song Ziwen to recover. Fa needs a lot of money to tide over the difficulties.
At the same time, the principal's residence.
The principal has been busy arguing with Yan Laoxi recently and has not paid much attention to the business of the Kong and Song families, but he vaguely sensed a problem from the madam's bad expression.
However, no matter how he asked, the principal's wife remained silent and said that he didn't need to worry.
The principal had no choice but to give up.
After confirming that the principal had left the house, the principal's wife sneaked into the phone room, asked the maid to guard outside, and dialed the number.
After a few beeps, the transfer was completed, and the voice she had been thinking about day and night finally sounded.
"Sister?" Ye Luo didn't look at the number, but he only gave the principal's wife the American number, and she finally called.
"Arlo, how have you been in the United States recently?" The reserved principal's wife still didn't get straight to the point. She started with her usual greetings, and started with some greetings.
The two chatted for a while, and the principal's wife finally changed the topic to stocks.
"There shouldn't be any problems over there, right? Last month's dividend was reduced a lot."
"The stock market? A while ago, Hartley Company went bankrupt, and the New York Stock Exchange was greatly affected. But then the president and others came to rescue the market, and the situation got better. In September, the stock price generally went up. "
Ye Luo read the newspaper carelessly. In today's New York Times, the headline was "British Chancellor warns of U.S. stock market risks, market plummets." Today's U.S. stock market has long been noisy, with determined bulls claiming that this is just a "technical issue" in the market. "Adjustment", the White House and economic and financial experts who supported them all loudly said that everything was normal.
Another small group is bearish on U.S. stocks, believing that the economic winter is approaching and they should withdraw from the stock market as soon as possible. However, this voice cannot reach the ears of most people.
"The situation is not bad." The principal's wife calmed down and continued to ask, "Allo, can you help me take a look at the market prices of some stocks?"
"Of course, but sister, I have been paying attention to the stock market. I still think it is better not to continue to wade in the muddy waters now." Ye Luo warned her with "painstaking efforts". Of course, he knew very well that the other party would not give up, and she The equity capital has long since become money in one’s own pocket.
The principal's wife subconsciously ignored the second half of his words, and quickly told him the information from Hongxing, and tentatively asked if there was anything wrong with the dividend.
"American Radio, U.S. Steel, and General Motors are all stocks that have been bullish recently, and their growth rates are also good. Sister, how much equity did you invest? Generally speaking, if the equity exceeds 1 million US dollars, how can the dividend be only 200,000 yuan? Just one of them You can earn more than that."
Ye Luo asked pretending to be confused,
"Oh, but it's hard to say. I have nothing to do with Hongxing anymore. Now Hongxing belongs to Mrs. Dewitbucket and the newly hired vice president. Maybe they have readjusted the dividend ratio and commission?"
After hearing what Ye Luo said, the principal's wife's hand holding the telegram gradually tightened, her heart sank, but she still smiled and replied: "Then I have to go and ask carefully."
There was nothing wrong with the stock market. The stocks were rising, but the dividends were pitifully small. This reminded her of a bad possibility.
The two chatted for a few more words before hanging up the phone. The principal's wife couldn't help but call Kong Xiangxi who was far away overseas.
Not long ago, Kong Xiangxi secretly went to New York accompanied by Sassoon to prepare to run stocks on his own. I don’t know how he is doing now.
The call went through within a few moments.
Knowing that the call was from her, Kong Xiangxi told her about the situation in New York before she could ask.
The situation was consistent with what Ye Luo described.
The stock market has normalized after several consecutive plunges. The US authorities are generally supporting the stock market and there are no signs of a collapse.
Hongxing United Group is still the strongest securities investment company. The main person in charge is Liu Xuenong, and it also has close cooperation with Edward Sassoon and others.
Everything is normal except for the dividends.
"Maybe their internal commission ratio has been adjusted. Let's do it. I'll make an appointment to meet with the vice president tomorrow and the day after tomorrow. Don't worry too much." Kong Xiangxi reassured the principal's wife before hanging up the phone.
After receiving the reply, she felt a little better. After thinking about it, she decided to go to the temple to worship the Bodhisattva.
The principal's wife waved to the maid. While packing her things, the maid asked: "Madam, are you going to Jiming Temple to ask for a child?"
"What do you want me to ask for? Ask the driver to take me to the Confucius Temple to ask for wealth." The principal's wife glared at the little maid and turned into the room to change clothes. (End of chapter)
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