The Birth of Shanghai's First Conglomerate

Chapter 168 Storm
After putting the little one down, I gave her a small stool to sit on next to me.

She watched quietly as her father made her a toy car.

The little rascal was overjoyed.

However, her happiness was short-lived, and her face fell, and she stopped talking. Liu Fen carried her inside to change her diaper.

She pooped again, and it smelled awful.

That's the annoying thing about little kids; they're usually quite cute.

After Liu Fen carried her out, she said, "Pingsheng, is it really necessary for you to make this thing for her? Why not just buy one?"

The ones you buy are definitely better than the ones he makes.

Chen Pingsheng refused to admit it, saying, "That's different. When we were kids, our parents made things for us themselves. We never bought any big toys."

Fine, Liu Fen is too lazy to talk about it anymore.

She still has a lot of important things to do.

The stock market has been surging since last year.

If you had to describe the stock market over the past two years in one sentence, it would be that even a cleaning lady could easily make money.

What exactly is the reason?
Even Chen Pingsheng himself wasn't entirely sure, but Liu Fen had been investing in stocks since last year.

Their family originally had several hundred thousand yuan in savings.

The price has been rising from over 500,000 to over 900,000 since last year.

The increase was as high as 100%.

Anyone who has traded stocks knows that a 20% increase in a year is already considered very impressive.

Not to mention the current situation of a general upward trend.

Besides taking care of her child, Liu Fen spends her days looking at stock charts on her phone.

Or they share their stock trading experience with their older female friends in the group.

When the market is good, everyone is a stock market guru.

When the market turns bad, everyone becomes a jinx.

It's obvious that the stock market is doing exceptionally well right now.

Even Liu Fen, who doesn't have much formal education, can still talk about stocks in detail.

This shows how good the stock market is right now.

According to incomplete statistics, since the beginning of this year, an average of nearly four million people have opened stock accounts every week.

This is an enormous number. It's important to remember that rural people, who make up the largest part of the population, rarely invest in stocks.

Only these middle-aged and elderly people in the city who live a leisurely life with their pensions are the ones who enjoy doing these things the most.

Of course, another one is real estate speculation.

With four million new accounts opened every week, it practically means that half the city's population is doing this.

"With the stock market doing so well, why don't you try your hand at it, Ping Sheng?"

Liu Fen felt that this thing was quite profitable.

"I speculated on it and bought 50 million worth of Vanke shares."

"You bought Vanke stock?"

Liu Fen was surprised that her son-in-law had taken fifty million without making a sound.

I didn't see him staring at the numbers on it or analyzing them.

This is the difference between small and large households; only small households keep a close eye on it every day.

After big investors invest tens of millions or even hundreds of millions, they often wait for one or two years.

Who has the time to keep an eye on things every day?

Liu Fen asked him, "Do you have any inside information?"

"A little, but it's nothing."

Chen Pingsheng was focused on giving the little kid a ride on a toy car.

Liu Fen could tell from his attitude that he was also nonchalant.

It's like they invested 50 million and acted like nothing happened.

However, her son-in-law is a completely different person now. If he has any information, then it must be true.

Liu Fen opened her relatives' stock trading group. The men were all working hard outside to earn money, while the women were also desperately trying to make money from money in the group.

Liu Fen: "Sisters, let me tell you a secret: Vanke's stock is about to surge."

Second cousin: "Where did you hear that from?"

Third cousin: "You talked about insider information last time, but the price didn't go up much."

Fourth Sister: "Don't listen to her, everyone should stick to buying Baofeng Technology."

"Baofeng Technology's stock price has risen too dramatically, it's already close to 300 yuan per share, will it continue to rise?"

Baofeng Technology, whose issue price was only 7 yuan, has increased nearly forty times in a short period of time.

God knows how exaggerated it is.

My older cousin said, "You guys don't know anything. In the stock market, you chase the rising stocks, not the falling ones. The faster the price goes up, the more people buy in."

Chen Pingsheng had, of course, heard about the news about Baofeng Technology.

Several classmates in the group bought some shares early on, and after the price rose to over 100, they decisively sold their shares and withdrew.

When something goes wrong, there must be a monster.

In their words, major shareholders are selling off their shares while retail investors are frantically buying in.

Who ends up being the last one holding the bag depends on how fast they run away.

With so little to offer, what can sustain this stock price in the long run?

There are big players manipulating the market in all of these.

"That's right, I bought it for over two hundred per share. I was very worried at the time, but now it's almost three hundred in just a short time."

Liu Fen: "If you trust me, then hurry up and sell!"

Since they were all relatives, she still offered some kind words of advice.

Old Liu's relatives all have some money on hand.

As a local resident of Beijing, you can't get rich through land expropriation if you don't have the ability to earn money.

After the demolition, they would follow the real estate trend and use the money to speculate on houses.

That's how the gap between the rich and the poor came about.

At least 80% of millionaires in China made their money without any regard for their own abilities.

It is closely related to the place where one is born.

In the rural areas, firstly, they lost their initial pot of gold.

After making money, most of them would build a big house for their families in the countryside as their first priority.

The second thing was that when their son grew up and got married, they emptied the wallets of two generations to buy a house in the city.

Think about this logic carefully.

It's terrifying to think carefully.

In rural areas, there are those who take over the burden of others' problems.

"Don't believe me! We've seen enough of Liu Fen's lack of discernment before!"

"If you had been any nicer to your son-in-law, you could have lived in the palace."

Liu Fen said magnanimously, "There's no point in talking about this. The house I live in now is several hundred square meters. How is it any different? Besides, I was just trying to be helpful."

"You've only been playing the stock market for a few days, and you're already trying to teach us?"

"Do you remember who brought you into the family home?"

The two older female cousins ​​in the group are the ones who firmly support Baofeng Technology.

They entered at 110, and now that the price has risen to 300, their eyes are red with envy.

They attack anyone who speaks ill of Baofeng Technology.

They almost transferred all their family assets into the bank.

"Hmph, believe it or not, it's up to you. Anyway, my son-in-law has already said that if something seems out of the ordinary, there's probably something fishy going on."

Second cousin: "Did your son-in-law say that?"

Third cousin: "Are you sure Chen Pingsheng said that?"

Liu Fen: "We're all relatives, why would I lie to you? He used 50 million to buy Vanke."

Second cousin: "Why didn't you say so sooner that your son-in-law was talking about this?"

Third cousin: "That's right, whoever wants to keep it can keep it, I'm going to run away anyway."

"Wait for me, I'll dump Baofeng Technology too."

The two were determined to sell their shares.

Liu Fen herself isn't much, but her son-in-law is truly amazing.

In just a few years, they've all been preparing to move to Nanluoguxiang.

It's important to know that even in Beijing, those receiving compensation for demolished properties are categorized into different levels.

Nanluoguxiang is a place where there will never be any residents facing demolition and relocation.

The reason is simple: who can afford to demolish it?

Even just owning a house is a starting point for a small goal.

Not to mention Liu Fen's son-in-law, who is planning to live in a courtyard house worth 300 million yuan.

His words naturally carried significant weight. The already anxious second and third cousins ​​didn't hesitate to discard their Storm Technology shares.

If we don't run now, it might really become just a piece of waste paper.

Both of them bought at a high price of over 100, and now that it's at 300, it's a small increase of 100%.

I'm very satisfied.

However, after hesitating for a while, the two older cousins ​​decided to hold on to their shares.

It's already risen to 300, no matter how much it falls, it can't possibly fall back to 100, right?
If that were to happen, countless people would jump off buildings.

……

It can only be said that she was overly optimistic and underestimated the risks of the stock market.

Liu Fen's second and third cousins ​​sold off their Baofeng shares together, netting a total of over two million yuan.

Buy at 130 and sell at nearly 300; the profit is more than double.

It's not just about throwing things away yourself.

They even urged their relatives and friends to sell their shares together, and then use the cash from the sale to buy Vanke shares.

Anyway.

Buying from Liu Fen's son-in-law is generally a safe bet.

As for Liu Fen's two cousins ​​who are still sticking with Baofeng Technology, all I can say is that I wish them good luck.

Chen Pingsheng never expected this.

His few simple words prompted such a big reaction from Lao Liu's relatives.

This also prevented a large number of people from jumping off buildings.

This stock goes crazy when it rises, and it goes crazy when it falls.

What's even crazier is that when the market crashed, everyone wanted to withdraw their investments and run away, so no funds came in.

Everyone will be trapped inside and unable to get out.

When selling prices significantly exceed buying prices, most people will be trapped in the stock market.

Until the stocks you hold become worthless, or until they stabilize again.

Who knows where this stable price will ultimately land?

Otherwise, why would so many people commit suicide after investing in stocks? They're just trapped and ruined by their losses.

Nothing much to do this afternoon.

Chen Pingsheng took Chen Xinyi for a walk, and he was fine when he came out, but he saw a bizarre scene.

Under the blazing sun.

A small truck was parked at the entrance of their residential compound.

His own sister, Chen Qi, was actually helping someone sell apples over there.

Chen Pingsheng: "...?"

"Chen Qi, what are you doing?"

"Hey bro, didn't you see? I'm helping this guy sell apples."

"You must have a lot of free time."

Chen Pingsheng handed Chen Xinyi to her and let her hold her.

Chen Qi only met this apple vendor after the New Year. Like him before, he made a living selling fruit on the street.

Don't underestimate this industry; even a slightly skilled person can easily earn 10,000 to 20,000 yuan a month.

It's just not very respectable.

"Brother, aren't you going to work today?"

"Take a day off and stay home to take care of the little one."

Chen Pingsheng asked her, "Why are you here instead of working at Shuiyunjian?"

Chen Qi explained that the apple seller was also from the Southern Province.

She had bought apples from them once before and had a good impression of them.

Chen Pingsheng was completely dumbfounded.

I'm so angry with her, she already owns seven or eight apartments in Beijing.

People who earn tens of millions a year actually come here to help sell apples.

Can't you use your brain?
It's not that he looks down on apple sellers on the street; it's just that the difference is too great.

Their consumption views are completely different; how can they be together?

"Go back with me."

"Big brother, big brother, this apple is delicious, I'll give it to you."

The young man was tanned, about the same as before, and Chen Pingsheng didn't look down on apple sellers.

The main reason is that he knows very well that if it weren't for the arrival of the "golden finger" old man, he wouldn't be able to sell fruit on the street to the extent he has.

That's completely impossible.

The most valuable quality in a person is self-awareness, just like he himself never thought he was really that capable.

Therefore, he would definitely not allow his own sister to be with this kind of person.

He didn't take the apple.

Chen Pingsheng carried his younger sister home, saying, "Chen Qi, do you even have a brain?"

"How can you say he's brainless? I just saw how hard he was working and went to help him."

"That's just what they do, what's so hard about it?"

Chen Pingsheng took out his phone and called Song Yanxi. It wasn't enough for him to hold a criticism session on her by himself.

He also had to bring his older sister and his wife, Song Yanxi, along.

That silly little sister really doesn't understand that when there's a huge difference in values, it's impossible to live together for long.

You're someone who uses houses as a tool to make money.

How can you live with someone who's working themselves to the bone to pay off their mortgage?

Song Yanxi returned quickly; her husband naturally values ​​his only younger sister.

My older sister, Chen Yao, also came; she was still driving the Panamera that I had given her.

Four people share a table.

Chen Pingsheng secretly revealed his younger sister's three major crimes to the public.

Upon hearing that it was an apple vendor on the street, Song Yanxi on the left couldn't help but want to learn more about it.

Chen Pingsheng stopped her, saying, "Yanxi, what are you doing? I called you back to listen to the story. You need to teach your sister-in-law a lesson."

"I just wanted to learn more about it."

"There's no room for understanding."

Chen Pingsheng hugged Chen Xinyi again to prevent his younger sister from using her as a shield.

"She's a billionaire already. If I were to marry someone like that, I'm afraid she might accidentally fall off a cliff while hiking one day."

"Brother, it's not that exaggerated," Chen Qi frowned.

Chen Qi felt speechless that he had made such a fuss about something that never happened.

What is exaggeration?

Chen Pingsheng said, "One million is enough to make people kill and commit arson, let alone your own net worth of hundreds of millions. Never try to underestimate the evil in human nature."

"Don't you understand the principle that wealth can move people's hearts?"

"Sister-in-law, look what my brother said!"

Chen Qi tugged at Song Yanxi, who was standing next to her.

Song Yanxi also felt that what he said was an exaggeration, but she was currently on Chen Pingsheng's side.

In the future, when Chen An'an grows up, she won't care too much about who she marries.

However, it's really difficult for couples from vastly different family backgrounds to have a successful relationship.

How can someone who has received hundreds of thousands in pocket money since childhood live a long-term life with someone who only earns 20,000 a month?

Song Yanxi advised, "Actually, your brother is just doing it for your own good, even if it's a little exaggerated."

Chen Pingsheng objected, "What's so exaggerated about that?"

Song Yanxi rolled her eyes at him, "I haven't finished speaking yet, don't interrupt me."

Chen Qi was in a complete mess.

She wanted to run away but couldn't, since she relied on her brother for food.

Besides, she listens to her older brother very much.

This budding curiosity was ruthlessly extinguished.

For the entire afternoon, my sister-in-law would finish speaking, then my older sister would speak, and then my sister-in-law would speak again.

With her gloating brother by her side, her afternoon was destined to be anything but peaceful.

They continued to criticize and denounce her until evening before finally letting her go home.

That's just being stupid.

It seems that his younger sister will have to rely on her older brother to help her find a boyfriend.

Otherwise, who knows what kind of monster she brought home.

(End of this chapter)