I'm back in 1990

Chapter 216: Seeking a Son with a Large Sum of Money

Thursday, February 13th, the tenth day of the Lunar New Year.

Today, registered subscription certificates are priced at 360 each, blank certificates at 380 each, 100 consecutive certificates with registration at 380 each, and blank certificates at 420 each.

Wu Duo, Zhang Gaolei, and Chen Zhe returned to dormitory 222 one after another on this day.

Wu Duo and Chen Zhe were on the same train.

When Wu Duo and Chen Zhe pushed open the door of room 222 with big smiles, they were greeted by Huang Xiaochuan and Ding Yi with serious expressions. This left the two, who had just returned to school, somewhat at a loss, wondering if something had happened.

Wu Duo put down his luggage and asked, "What's wrong with you two? What happened?"

Ding Yi didn't speak, but Huang Xiaochuan folded a copy of the Xinmin Evening News, separated out a report, and handed it to Wu Duo, indicating that he should read it himself.

After Wu Duo took the report, he couldn't stop smiling after reading it. Chen Zhe, who was next to Wu Duo and read the report with him, was also very happy.

Wu Duo asked with a smile, "Is what the newspapers said true? That's great news! Why are you all so serious?"

Ding Yi then spoke up: "Of course it's true. How could the Evening News publish such news? Besides, Xiao Chuan and I have been going to the stock exchange every day these past few days. There are so many people at the entrance holding up signs and asking passersby if they have subscription certificates."

After his initial excitement, Wu Duo plopped back down in his chair. He calculated that even though he hadn't done anything during the New Year holiday, the 400 subscription certificates he originally bought for 12000 were now worth 168000.

After confirming the news, he felt a little regretful. He should have sold more stocks and bought more warrants instead. It had only been a few days, and the price had already increased nearly 14 times.

At this moment, Zhang Gaolei also came in with his luggage. He was about to greet his roommates and say Happy New Year when he saw Huang Xiaochuan, Ding Yi, and Wu Duo sitting silently, while Chen Zhe was holding a newspaper and grinning foolishly.

He asked, "What's going on here?"

Upon seeing Zhang Gaolei return, Chen Zhe handed him the newspaper and casually pointed to a certain spot on it: "Take a look at this news."

Zhang Gaolei put down his luggage and took the newspaper Chen Zhe handed him, then started reading it.

"A wealthy Hong Kong woman is offering a large sum of money to have a child?"

???????

Upon hearing this, Huang Xiaochuan exclaimed, "Damn it, are you blind? Why are you looking at the middle margin if you're not reading the main text? It's full of random guys. The newspaper will publish anything to make money. I'm speechless."

Huang Xiaochuan immediately pointed to the newspaper article and gestured for Zhang Gaolei to look at it.

The report was short but packed with information. Zhang Gaolei exclaimed in astonishment, "My goodness! This certificate has increased in price so much over the New Year?!"

They then cheered, "Are we going to make a fortune?"

"Keep your voice down, you bastard! Aren't you afraid of attracting wolves?" Wu Duo, having calmed down, stopped Zhang Gaolei's cheers.

Ding Yi then said, "According to reliable sources, the original plan was to issue ten million subscription certificates. However, not many people bought them at first. By the time everyone realized they wanted to buy, the sales were almost over. Every bank branch was surrounded by crowds. In the end, we counted that 2.09 million subscription certificates were actually sold."

Zhang Gaolei was so confused by the soaring price of the subscription certificates that he didn't immediately understand what Ding Yi meant.

"Heh! You've only sold this much?"

After hearing Ding Yi's explanation, Wu Duo and Chen Zhe understood why the subscription certificates had risen so much.

Zhang Gaolei quickly figured out the crux of the matter, and while engrossed in reading Chapter 216 of the novel "Seeking a Son for a Fortune," he exclaimed, his eyes wide, "Since someone is willing to pay such a high price to buy the subscription certificates, doesn't that mean the actual value of these certificates far exceeds the outside purchase price?"

Huang Xiaochuan smiled. They were all sensible people; they understood each other immediately. This kind of communication was effortless.

The three of them looked at Ding Yi. There was no other reason than that he was a local and knew a lot. Wu Duo and the other two had just returned and knew nothing, so they hoped to get the whole story from Ding Yi.

Ding Yi didn't keep them in suspense, saying, "Now you know that a smaller issuance volume means a higher success rate in the lottery. But according to reliable sources, the number of new shares issued this year isn't a dozen or so, but forty-six. This means that the probability of winning the lottery for our subscription certificates will be very high, which is why there's so much demand outside for these certificates. Moreover, the employees of these companies that participated in the share reform have already received internal shares and are now just waiting for the listing."

Upon hearing this news, Wu Duo and the other two were all overjoyed.

At this point, Huang Xiaochuan asked, "It's certain you've won the lottery now. The first lottery will start on the 2nd of next month. But once you win, what will you use to buy the new shares?"

Just as Huang Xiaochuan had predicted, the group said without hesitation that they wanted to sell their existing stocks to buy new ones.

At this moment, Huang Xiaochuan gave Ding Yi a wink, signaling him to come and talk to the others about the next topic.

After hearing Ding Yi's words, Wu Duo said, "If we don't sell our shares, we won't have the money to buy new ones. How about we sell some?"

"We won't sell any of the old shares. I've already contacted the bank to pledge our old shares to them, borrow money from the bank to buy new shares, and then sell them once the new shares are listed to pay off the bank loan and get the old shares back. Moreover, as long as the old shares are still there, the stock price will definitely continue to rise. We'll just have to pay a little more interest costs."

The three men's eyes lit up. "That's it! This idea is brilliant!"

"Ding Yi, thank goodness you came up with this idea; it has solved our big problem."

Everyone is happy to make more money. Ding Yi's method solved the funding problem for the three people to buy the first batch of newly listed shares they won in the lottery. The three of them expressed their gratitude to Ding Yi.

At this moment, Huang Xiaochuan said again, "Old Chen, lock the door from the inside. I have something to say to you guys."

Upon hearing this, Chen Zhe immediately got up, opened the door, looked around, and then closed and locked the door.

Huang Xiaochuan then lowered his voice and reminded the group: "Now everyone knows that only 2.09 million subscription certificates have been issued. The subscription certificates we have are like gold now, so from now on, we must not tell anyone that we have subscription certificates to avoid unnecessary trouble."

Huang Xiaochuan's words resonated with everyone; he was right. The subscription certificates in everyone's hands were too valuable, so it was best to be careful.

Just as the five of them were having a small meeting in the dormitory.

Zhang Yun was strolling around the entrance of the stock exchange. Although she was just strolling, she was actually there to find out what the market conditions were for warrants today.

She also bought subscription certificates. Having returned from studying in the United States, her understanding of the stock market is different from that of most people in China. During her studies, she also tried her hand at trading US stocks a few times, and even made a small profit without losing money.

In her opinion, the number of stocks in the Chinese stock market was too small to be of any real significance, and the introduction of a subscription certificate system was a problem. However, she was well aware that new shares meant double the returns, so she bought 500 subscription certificates as soon as they were available for sale.

Looking at the purchase prices marked on the cardboard boxes, Zhang Yun couldn't help but feel a little smug. For her, making money was secondary; what mattered was whether her judgment was correct, and now it seemed she was right.

Cola Novels: This is where dreams begin, and where dreams come true.