Chapter 265 April Fool's Day
"If I hadn't known you both, I would have thought you were doing insider trading."
Liu Chang has always been straightforward and looked at the reactions on the Internet very enthusiastic, and she couldn't help but joke about them.
Fatty Sun smiled and said, "Sister Chang, my dad is just a cook and has nothing to do with insider trading. Let them tell me, just think I am the stock god."
Chen Qiaoshan also smiled and said, "I'm even more unrelated. My parents have never seen what stocks look like."
Wang Sifeng asked, "Hey, don't say it, I have never seen it before. What does stock look like?"
The three of them were so happy that they made Wang Sifeng inexplicable.
"What are you laughing at?"
Chen Qiaoshan smiled and explained: "Brother Wang, stocks have been traded in paperlessly in 1994, and what have been left to this day have become antiques. Where can you see them?"
There was a burst of laughter in the room. Wang Sifeng didn't care much. He asked again: "Is it so much for stock trading? Are you two making a lot of money?"
Fatty Sun interrupted, "I earn a lot from the mountains, so I just benefit from it."
Chen Qiaoshan asked: "Why, do you want to trade stocks too?"
Wang Sifeng first looked at Liu Chang secretly before saying, "Forget it, I'm going to save some money and buy a house in Yanjing first."
Liu Chang was stunned for a moment when she heard this. She also glanced at Wang Sifeng, but she didn't say anything.
Chen Qiaoshan saw both of them and couldn't help feeling a lot. With the rise of real estate, buying a house has gradually become a necessity for marriage.
Chen Qiaoshan knew that Wang Sifeng hadn't saved money in recent years.
These people are very lucky to catch up with the trend of the times and become the first generation of top Internet coders. Among the same group of programmers who graduated from Tsinghua and Peking University, having a house and a car is the lowest configuration, and it is not uncommon for those with a net worth of tens of millions. It is very rare to mix Wang Sifeng.
God can't starve to death, and Wang Sifeng later became a member of the rich class, but he had no place to blame for his ability.
Chen Qiaoshan knew the hardships of buying a house, thought about it, and said, "Or what if I will call you 100,000 yuan tomorrow. It should be enough to pay a down payment?"
According to the agreement between the two, Wang Sifeng holds 15% of the studio's shares and has a fixed annual salary of 100,000 yuan per year.
In terms of the current market environment, Wang Sifeng has not achieved outstanding results. Going to a large Internet company may not be able to get a salary of 100,000 yuan, let alone shares.
Chen Qiaoshan didn't feel at all at all. In his eyes, Wang Sifeng had proved himself that it would be a benefit to take such a big shot under his command in advance.
Wang Sifeng shook his head and rejected his proposal: "Let's talk about it at the end of the year. The studio expenses have been quite high recently, so I'm not in a hurry."
Chen Qiaoshan didn't persuade him anymore. Although housing prices have begun to rise, Qingshan Network's upward momentum is even stronger. Perhaps it will not be used until the end of the year, and Wang Sifeng's wish will come true.
...
As soon as Fatty Sun posted the post, the people in Tianya were instantly lost. Although there were occasional doubts, no one took it seriously.
Insider trading? Who has ever seen such a high-profile insider trading?
Money is very important. To put it in what Huang Bo said, if you don’t have money, even the sun is second-hand.
Chen Qiaoshan felt a sense of luxury for the first time in his life. He spent a million in the blink of an eye. Although he felt a little distressed, he also knew that if he wanted to make money, he had to be willing to invest, and there was never a reason to just go in and not out.
As expected, on Monday, St Tunhe fell to the limit and had no room for reaction.
Chen Qiaoshan watched coldly. Although he was very calm, his heart was bleeding. He also had 11,000 Shou Tunhe shares in the four accounts he held. It took only fifteen minutes to lose more than 200,000 on the books.
Chen Qiaoshan didn't expect to replenish his position to spread the cost. At this time, the market has no sense of rationality. His position is too heavy, and if he wants to replenish his position, he has to wait for the market to stabilize slightly. Moreover, he knows that the stock market crash is near.
Thursday, April 1.
St Tunhe has fallen for four consecutive limits, and the stock price has fallen from its peak of 4 yuan to around four yuan, with a heavy decline. Fortunately, there is a 5% increase or decrease limit, otherwise it will lose even worse.
Today is April Fools' Day, and everyone is staring at the stock market for no reason. The Shanghai Composite Index closed at 1891 points yesterday. Everyone is looking forward to it, hoping to hit the high of 1900 points today.
In just four months, the Shanghai Composite Index rose by 30%, and the stimulation to investors was obvious. 1,900 points were near, and countless people were waiting for the arrival of this moment.
The result was a little disappointing. By the end of the market at noon, the Shanghai Composite Index fell slightly by 0.3%.
The Shanghai Composite Index fell slightly, but did not cause major market fluctuations.
1900 points is not the highest point in history. On June 14, 2001, the Shanghai Composite Index climbed to 2245 points, and Internet concept stocks played a strong boost.
Chen Qiaoshan knew that that day was a special day. Not only did it set the record of the Shanghai Composite Index, but the plan to reduce holdings of state-owned shares was also made public, and the long bear market has arrived.
Looking at the chaotic scene in front of him, Chen Qiaoshan realized something was wrong. The current situation was unclear. The Shanghai Composite Index was already more than 100 points higher than the original history, and he was not sure where the high point this year was.
This year's stock market is destined not to have the iron top that people expect, nor will there be an iron bottom that cannot be penetrated.
Chen Qiaoshan clearly remembers that in 2004, the A-share price-earnings ratio and average stock price both hit a new low in ten years. What makes people helpless is that the operating conditions of listed companies reached the best in the same period in history.
This result is difficult to understand. The difference between fundamentals and stock prices, and the stocks of a large number of high-quality listed companies are undervalued, the direct consequence is that investors suffer heavy losses.
Of course, underestimating means opportunities, which is a matter of opinion.
April Fools' Day made a joke for everyone. In the afternoon, the Shanghai Composite Index suddenly fell sharply by 57 points, with a drop of more than 3% throughout the day.
This is the deepest decline in the Shanghai Composite Index this year, and the only decline exceeding 2%.
The Shanghai Composite Index plunged and caught everyone off guard. No one understood what was going on.
Chen Qiaoshan breathed a sigh of relief. His intuition was right and the plunge was early. He also had a little doubt. Could it be that he really had an economic intuition?
He didn't pursue it too much, and he had done what he should have done long ago.
Chen Qiaoshan suddenly felt a little unreal. He saw that it was just the time to see the true chapter. For today, he pushed the Delong system into the abyss in advance. There were too many unknown risks here, but now it seems that everything is worth it.
On the night of April 1, a post appeared on the Qingshan Forum, "A bloody murder caused by a tomato."
Although the title is terrifying, many people have been fooled after reading it. They thought it was a criminal case, but after a long time, it was a gimmick.
Chapter completed!