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Chapter 122: Secretly buying stocks

Coming out of the municipal center, bathed in the sunshine with slightly cold air, Chen Weidong squinted and looked at the passers-by hurriedly walking on the street with a complicated expression.

This trip to the island country will definitely not be an easy purchasing trip. There will be flashes of swords and undercurrents. Can they really grasp it?

"Mr. Chen, are we leaving now?" Security team member Xiao Li surrounded him and whispered.

He joined Infinity Company when he was in Hong Kong and followed Chen Weidong to the mainland. He is definitely considered an "old employee".

He is now responsible for the company's security work and is also Chen Weidong's full-time bodyguard when he travels.

He himself once won the championship in the Provincial, Hong Kong and Macao Free Fighting Open. Chen Weidong offered him an annual salary of 1.5 million, and various bonuses added up to more than 2 million a year.

At the critical moment, there is no doubt that he can take a bullet.

Chen Weidong said that although he was a little depressed that he would not be taken with him on this trip to the island country, he also knew that this time was unusual and that some special personnel would be involved.

"Awei, are there any stocks worth buying in the stock market now?"

While Chen Jie was driving, he chatted with Chen Weidong.

"Chinese stock market or Hong Kong stock market?"

"Of course it's A shares."

...

Hearing him mention this, Chen Weidong became interested.

The thing that had the deepest tangle with him in his previous life was the Chinese stock market.

Like his life, there are ups and downs that are always unpredictable.

1999 was definitely a year of turmoil in the reform of state-owned enterprises. China's economy developed rapidly, and the state-owned enterprise economy also experienced significant growth.

However, while the business scale of state-owned enterprises continued to expand, their operating efficiency continued to decline. Realizing the shortcomings, Huaxia's top management began to carry out drastic reforms of state-owned enterprises.

Now at the end of January, the market index has fluctuated repeatedly around 1100 points. Overall, it is still a downward trend.

Many experts on TV have begun to say that the stock market will definitely fall below 1,000 points. At present, there are no new growth points in domestic economic development. Coupled with the impact of the economic crisis and the outflow of foreign capital, it is difficult not to panic under various negative news.

.

The stock market has also become extremely bleak, with a day's turnover of only four to five billion, and at its lowest it was even less than 1.5 billion.

Chen Weidong clearly remembers that on May 8 of this year, NATO, led by the United States, brazenly launched five missiles to attack the Chinese Embassy in Yugoslavia.

This news caused the stock market to fall all the way after the opening of the next day, falling as low as 1065 points and closing at 1071 points, a drop of 49 points. The two cities formed a large "missile gap" that jumped downwards.

On May 15, the Shanghai Stock Index continued to slump, falling as low as 1,047 points and closing at 1,065 points.

At this time, people's panic has reached the extreme, and most stock commentators and economists are pessimistically looking at 800 points.

However, just a few days later, the market took a major turn.

China's top leaders issued a series of documents to amend the capital market, expressing their intention to support venture capital and vigorously develop high-tech industries.

Various news came out, and the intention to support the industrialization of science and technology is very clear!

Against this background, listed companies have begun to enter the Internet industry and high-tech fields.

"Internet stocks" has also become the most fashionable concept this year.

Companies that don't have this concept have also thought of a way, which is to use force.

As long as there is some random news in the market, saying that the company will invest millions to deploy the Internet, it can transform into a "technology stock".

Just like that, on May 19, without any warning, Internet stocks and technology stocks suddenly surged in the market, leading the stock market to rise rapidly.

The market in the two cities has experienced heavy volume growth and has risen sharply for 4 consecutive days, with an increase of more than 20%!

A blowout-like rally began without investors being prepared.

Starting from May 19th, in the following 31 consecutive trading days, only 8 trading days were down. The index almost climbed along a 60-degree ascending channel, and the short-term increase was amazing!

In just one and a half months, 95% of the stocks on the market have increased by more than 50%.

Moreover, the subsequent market did not pull back and still emerged from the slow bull trend.

The Shanghai Composite Index continued to hit record highs, which lasted until June 2001, reaching its highest point of 2245.44 points.

However, the stock market then entered a five-year bear market. Thousands of investors were deeply trapped in it, and the market value of trillions was wiped out.

The ups and downs of the stock market have done great harm to investors. The bull market is more like a short-lived phenomenon, and most people cannot get on the bus at all.

By the time he discovered it, he had already become a receiver.

Now that they are at the forefront of the times again, Chen Weidong must make some changes, but now that they are about to go to the island country, everything can only be discussed after coming back.

Regarding the third uncle’s question about whether there are any stocks worth buying, of course the first choice would be Internet stocks with their own “high-tech” attributes.

As the largest Internet company in Asia, although Infinite Company is not listed on the mainland, there are still many Internet companies in South China City. If you cooperate with them, just buy their stocks.

But there is a problem here. If Chen Jie buys their stocks, it will definitely involve related transactions. Although the supervision of the Chinese stock market at this time is very loose, it will definitely be a big trouble if something goes wrong.

Chen Weidong explained the pros and cons to Chen Jie, and when he saw him nodding solemnly, he stopped discussing the matter.

Next, he talked about the precautions for going to the island country this time.

Chen Jie dealt with it casually, but he had a vague idea in his mind. Since he couldn't buy it himself, it would be about the same if he bought it using someone else's identity.

Moreover, Chen Weidong said that it would not rise for a few months, so he could let people lurk in first.

After all, his amount of funds is too large compared to the stock market. One billion is simply not fun enough. If he wants to play, he will have to spend at least tens of billions!

After the two returned to the company, Chen Jie used the excuse that he had to go out for a social event, but in fact, he secretly ran to Haitong Securities opposite.

This time, even though he was wearing sunglasses, he was still recognized at a glance.

What happened before has been spread throughout the company.

The regional manager also specifically warned the people below that the Infinite Company is across the street. If Chen Jie comes to visit again, whoever is not quick-sighted and offended will definitely be asked to get out of South China City.

The sales department manager ran over immediately and greeted him very enthusiastically: "Mr. Chen, long time no see. If you have any business to do, I'll have someone handle it for you right away."

"I'm looking for Lin Qiqi, where is her office?" Chen Jie asked when he saw him running over.

The sales department manager pointed in a direction, and then he was very sensible and quickly stepped out of the way.

Walking through the office area, a bunch of people looked at me with envy, and I didn't know how much gossip it would cause.

He gently opened the door of the office and found Lin Qiqi looking down at the information at her desk, her face so focused that she didn't notice him walking in.

"Ahem."

Chen Jie coughed twice, and Lin Qiqi raised her head and said with surprise: "Why is it you!"

She didn't expect that Chen Jie would take the initiative to come to her. They had never interacted with each other after the last incident. Just when she thought that Chen Jie must have forgotten her, now he suddenly appeared here again. How could he not

Excited.

"Not welcome? Then I'm leaving." Chen Jie was about to leave.

Lin Qiqi was so anxious that she hurried over and hugged him.

------Digression-----

Happy Chinese Valentine's Day to all book friends!
Chapter completed!
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