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Chapter 49 A small fortune depends on diligence, a medium fortune depends on wisdom, a big fortune depends on virtue, and a huge fortune depends on fate.(2/2)

A hundred times the profit, many people will never encounter such an opportunity in their lifetime.

The 300,000 new stock subscription certificates in Qin Hao's hands cost 30 yuan. Including people queuing up, the price is basically around 32 yuan. A total of 9.6 million was spent. Now the value of these new stock subscription certificates has exceeded one billion. This was in 1992

billion per year.

Those thin pieces of paper were more valuable than the same amount of gold. This was the Shanghai stock market in 1992.

Of course, Qin Hao did not sell all of these new stock subscription certificates. He kept one hundred thousand of them himself, and the rest were placed in the Nanguo Investment Sales Department for resale.

Since signing the agreement with Mr. A, Nanguo Investment has officially been owned by Qin Hao. Mr. A's team members, except Chen Zhen and Qiang Mujie, have also become employees of Nanguo Investment.

Chen Zhen took the initiative to leave with Mr. A. As for Qiang Mujie, it was Qin Hao who kicked him out.

Qiang Mujie's ability is indeed good, but his character flaws are too serious and he is prone to being emotional. In the world of capital, there is no room for personal emotions. Qin Hao naturally cannot put such a time bomb in his company.

Qiang Mujie felt deeply ashamed of this, so he turned around and joined a state-owned securities firm, overtly and covertly poaching people from Mr. A's team.

However, Mr. A's team members have always had a good impression of Qin Hao. In addition, Qin Hao also helped Mr. A pay off all his debts and at the same time improved their welfare benefits.

In comparison, the conditions proposed by Qiang Mujie are completely inadequate.

Soon, the 200,000 new stock subscription rights were sold out, and Nanguo Investment's sales office in Shanghai became an instant success. After all, such scarce resources were available, and both retail investors and large brokerage firms couldn't help but look down upon it.

These 200,000 new share subscription certificates also brought Qin Hao 600 million in cash.

In the first round of drawing, Qin Hao won the lottery for 50,000 of the remaining 100,000 new stock subscription certificates. Each subscription certificate can purchase one thousand new shares.

All of a sudden, Qin Hao controlled one-twentieth of the newly listed shares in circulation, becoming the largest investor in the Shanghai stock market.

Abao also completed his initial wealth accumulation with the 40,000 new stock subscription certificates in his hand, and his net worth exceeded 100 million.

Although the members of the United Fleet were only divided into 20,000 pieces, their net worths increased more than ten times, and they were all laughing so hard that Commander Cai even had the idea of ​​washing his hands in the golden basin.

In May, major good news came again, as the Shanghai Stock Exchange announced that it would fully liberalize stock prices.

15 listed stocks surged 570% in 3 days

For a time, stocks became a hot topic across the country. Newspapers across the country carried large-scale reports. There were many myths about getting rich overnight.

There are people who borrowed money to buy stocks and became rich overnight, and there are people who worked hard to save money to buy a stock and became millionaires instantly.

There are also many people who carry money in sacks and show off in the market.

This also directly led to people from all over the country pouring into Shanghai and trying every means to buy stocks. Many people had no idea what stocks were before.

Most people know for sure that they can get rich overnight just by buying stocks.
Chapter completed!
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