My life skills in Daming Liver

Chapter 608 Crazy Stocks

Ren Fu listened to Lin An's thoughts and began to think.

The downward trend in the price of special steel products is already obvious. He has seen enough squeezed production capacity. This is still the case when some new steel-making furnaces have not yet been put into use. Once these steel-making furnaces are put into use, the current situation is not strong. With the demand for special steel, prices will definitely fall.

On the other hand, there are still a group of speculators in the market who believe that the current drop in steel prices is nothing more than an adjustment in the market and a "clearing" of value caused by the securities center's insurance pledge policy and stamp duty policy. People firmly believe that the price of steel will continue to rise.

Thinking about it this way, it is indeed feasible.

Ren Fu thought for a while and said, "But if you want to play like this, someone must take over?"

Lin An said: "Aren't those businessmen from the north the best opponents?"

"ah?"

Hou Ping came to Shanghai again after half a month.

Hou Ping was the chief shopkeeper of Li Wei's business, Qingyuan Bo. He made his fortune by buying inferior cotton clothes in the south and selling them to the border troops of the Ming Dynasty.

Then under the banner of Uncle Qingyuan, he inserted himself into Datong's border trade, accumulated a huge amount of wealth for Uncle Qingyuan's Li family, and won the trust of Uncle Qingyuan's father and son.

Qingyuan Bo Li Wei is the grandfather of the current emperor, and the eldest son Li Changfeng is the uncle of the current queen mother and the emperor's uncle.

Although due to the impact of the Hongwan case, Li Wei was once stripped of his title.

However, shortly after Wanli ascended the throne, Li Wei's title was secretly restored.

Later, Li Chunfang and Li Chengliang were very tolerant of the Li family and his son, and could even be said to be very indulgent.

The Li family's industry did not decline with the decline of the Ming Dynasty. Instead, it became more and more prosperous in recent years.

Hou Ping followed the Li family and accumulated considerable wealth.

Normally speaking, trading with the southeast is a serious crime prohibited by the Ming court. Hou Ping came to Shanghai with money, which can be treated as treason according to Ming law.

But who told Hou Ping to be the shopkeeper of Uncle Qingyuan’s family?

It is no longer unusual for Uncle Qingyuan to do business directly with Southeast. Today, the Li family and his son are also responsible for the supply of many winter clothes for the Ming army. How many of these clothes are ready-made clothes purchased directly from Southeast and how many are produced by Mingting workshops. Yes, this is all a bad deal.

Not to mention the clocks and watches that are now popular in the capital. The Li family has a small watch factory. In fact, there is no craftsman who can produce clocks. These high-end clocks are all imported from the southeast.

The big shots in the Ming Dynasty also turned a blind eye to this. Who made Uncle Qingyuan the father of the Queen Mother?

The last time Hou Ping came to Shanghai, he was low-key under the banner of an ordinary Ming businessman. He was originally helping Uncle Qing Yuan and several other Ming dignitaries to buy bearer bonds and stocks in the southeast.

Yes, Hou Ping is here to buy public bonds issued by Southeast.

It sounds a bit strange to say, but the Southeastern public bonds currently in circulation are a best-selling item in the capital.

These bearer bonds had large denominations and were easy to hide at home. They were also highly liquid and could be quickly exchanged for southeastern silver dollars.

This is much more convenient than hiding gold at home, and can you still get interest?

In Shanghai, Hou Ping discovered another way to make money, and that was stocks.

Yes, stocks.

Donghae Trading Company's stock price has risen from 3 silver dollars per share in the initial period of issuance to 5 silver dollars per share after Yi Sun-shin's successive victories in North Korea.

The first group of people to buy stocks had already made a lot of money, and Donghai Trading Company's stocks had also created many myths about getting rich.

Hou Ping was itching to see it. He looked at the funds in his hand and found someone to take him to play in the stock market for a while.

As a result, after Hou Ping bought the stocks of Donghai Trading Company, the Ming army was defeated in Pyongyang, the North Korean rulers were driven out of the Yajiang River, and the stocks of Donghai Trading Company rose sharply.

Hou Ping watched excitedly as the stock in his hand rose by more than half, but he screamed regretfully.

What Hou Ping regretted was that the money he spent to buy the stock this time was his own money. To be on the safe side, he only used part of the money to buy it, so he only made a few hundred silver dollars.

Hou Ping's breathing quickened at the thought of investing all the funds he brought into the stock market and using all the funds entrusted by the capital's dignitaries to buy public bonds to buy stocks.

What a huge fortune this is! With this money, will I still be a dog for the Li family? At that time, buying a plantation in Nanyang or Annan could also leave the chaos of the Central Plains.

Hou Ping felt sad when he thought that such a good opportunity to make a fortune had passed him by.

But he took the money and found his stockbroker, who told him that the war in Korea was basically over. Now that there was no good news for Donghai Trading Company, it would be difficult for it to see such a big increase again. He was advised not to buy anymore. .

Only then did Hou Ping realize how much of an opportunity he had missed. He clearly had a source of information!

After missing the opportunity to make a fortune last time, Hou Ping could only honestly buy a batch of bearer bonds and return to the capital.

This time Hou Ping came to Shanghai and brought more wealth.

After Hou Ping returned to the capital, he immediately publicized the money he had made in the stock market, attracting the attention of many dignitaries in the capital.

I heard that just one piece of news can increase your wealth by half. How can this not make people crazy?

This time, all the money Hou Ping brought to Shanghai was invested in the stock market, and then he began to spend money like water in Shanghai, directly staying in the Xu family's resort on Chongming Island and having fun every day.

As a result, the Liaodong Ming Army and the Jurchens attacked North Korea and were defeated by Yi Sunchen, leaving a lot of supplies behind.

After the news reached Shanghai, Donghai Trading Company's shares rose sharply again, and Hou Ping immediately sold his shares.

Seeing such a huge wealth, Hou Ping's breathing became rapid. He originally wanted to take the money and flee to Nanyang, but the dignitaries in the capital were not fools, and they all sent trusted butlers to watch him.

Moreover, this time North Korea's good news was also manipulated by the powerful people in the capital, and it was impossible not to share the money earned with them.

Donghai Trading Company has risen so much, and Hou Ping also knew that it would be difficult to continue to rise like this, so he began to examine other speculation opportunities.

Hou Ping saw the futures trading of special steel bill of lading.

News that Lin An and Ren Fu had made ten times profits in the short term in the futures market spread in Shanghai, and Hou Ping also began to study futures.

Hou Ping soon discovered that futures can make more money than stocks!

The profit of several times is small. Some short-term speculators can even earn ten times the profit in one day!

Hou Ping immediately gathered these confidants who had been serving him for a long time and talked to them about futures trading.

Hou Ping promised that everyone can share the extra money they make, and they can make a difference as long as they take the stock gains back.

Everyone was moved.

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