Chapter 6 The Big Killer
On Sunday, school holidays are on today.
Su Jingzhen followed his mother Jiang Xiuxia home.
Su Jingzhen's hometown is on the other side of Tongguan Town, which is the geometric center of the Yushui Delta - Nansha.
On the ferry, Jiang Xiuxia watched her son write and draw on a soft-skinned copy, and her heart was filled with curiosity, pride, and comfort.
In the Su family, Su Jingzhen's soft-skinned copy is a very magical item. As long as Su Jingzhen takes it out, Su Kuang and Jiang Xiuxia will be convinced by the detailed regulations, accurate data and careful logic.
I won’t talk about the distant ones. The most recent one was when Su Jingzhen took out a soft skin and sold his own small workshop. This was not because Su Kuang and his wife blindly believed Su Jingzhen, but because they had a criminal record.
Jiang Xiuxia vaguely remembered that it was about four or five years ago that Su Jingzhen, who was still in junior high school, took out the soft skin for the first time. Since then, the settlement currency of the Su family's clothing contractors has been the RMB again.
In Guangdong, there are many people who know that the exchange rate between the RMB and the US dollar is unreasonable. Ordinary people may use their foreign exchange to travel to certain underground trading locations to secretly exchange it for RMB.
But if you hold a large amount of foreign exchange, you cannot do this, because this is first of all, it is illegal. Secondly, foreign exchange transferred from foreign countries is monitored by the state. If you want to exchange it for RMB, you must go to the Bank of China and exchange it according to the national price.
In 1990, the official price of the RMB against the US dollar was about 4.7 to 1 US dollar, and the previous year was 3.7 to 1 US dollar. It was because the RMB depreciated so quickly this year that Su Jingzhen remembered that the RMB against the US dollar has been falling in recent years. It is precisely because of this that the soft-skinned copy appeared in front of Su Kuang and Jiang Xiuxia for the first time.
In recent years, Su Kuang and his wife watched the exchange rate fall from 4.7 to 5.7 last year. Then at the beginning of this year, the country introduced policies to adjust the exchange rate of the RMB against the US dollar from 5.7 to 8.7.
This incident proves how far-sighted Su Jingzhen's vision was. When Su Jingzhen used the powerful weapon he had copied again, Su Kuang would take it so seriously and quickly make corresponding arrangements.
"Jing Zhen, you are shaking hard on the boat. Don't write it for now, it's not good for your eyes." Jiang Xiuxia reminded her when she saw her son writing something seriously.
"Oh, I know, mom, I won't write this paragraph after I finish writing it." Su Jingzhen himself also felt a little shaking. This is the estuary of the yushui River. The river is wide and the wind is strong and the waves are strong.
"What are you writing? Can you tell your mother?" Jiang Xiuxia was very curious about the contents of the soft-skin copy, so she asked her son.
Su Jingzhen copied the contents he had remembered these days, closed the soft-skin copy and said to Jiang Xiuxia: "It's nothing, it's just some of the thoughts of the stock market in the past two years."
Jiang Xiuxia felt aroused in her heart and asked her son in a low voice: "Jing Zhen, do you have any ideas about the stock market this year?"
Su Jingzhen looked up at the surroundings. There were quite a lot of people on the ferry crossing the river, so he shook his head and said to his mother, "No, a few days ago, a classmate discussed the stock market. They said they were going to the end. The family wanted to go in and buy the bottom. I argued with them that it wasn't the end yet, and then almost started arguing. I found some information these days and went to argue with them when school started tomorrow."
Jiang Xiuxia didn't believe Su Jingzhen's words. It was not a joke to write something on soft skin, but the person sitting next to her believed it. Tongguan Town has a large number of foreign population, but there are very few Nansha opposite it, so on the ferry to Nansha, there were all villagers from nearby towns, and the person next to her knew Jiang Xiuxia.
"Xiuxia, this is your son, right? I remember that it was Su Jingzhen, right? When I saw him last time, I was in elementary school, and now I am so tall?" A short and fat middle-aged woman in a pink shirt next to Su Jingzhen half-punched out and turned to ask Jiang Xiuxia.
"Yes, he hadn't developed when you met last time." Jiang Xiuxia smiled and said to her son: "This is your Aunt Huili who lives in the Tianhou Palace. Do you still remember?"
Su Jingzhen's heart moved several times. He really couldn't remember meeting this aunt Huili, but he couldn't say that. He nodded and said, "I have some impressions, some impressions..."
"I'm all in high school now, right? How are my grades? Are you sure?"
Su Jingzhen sighed when he heard this. When people of this age level met, the first thing he asked was whether they could study. He had experienced countless times. The most important thing was that his grades were really not good, which made Su Kuang and Jiang Xiuxia not have anything to show off. It was boring to talk to people about this topic.
In order to avoid embarrassment from his mother, Su Jingzhen took the initiative to reply: "The grades are very average, probably the fate of going to college."
"It's not bad for college. You can go home to help Xiuxia in two years." The middle-aged woman spoke very well and did not underestimate Su Jingzhen's tone at all.
Jiang Xiuxia was used to this kind of scene, patted her son on the shoulder and said to the middle-aged woman: "He is stupid, he is not a good student, and his grades are just like that."
However, the aunt Huili shook her head and said, "It's not necessarily stupid to study. Look, how many people can make money now are we good grades when we hear Jing Zhen talk about the stock market just now, and I think it's quite right."
Jiang Xiuxia smiled and pointed to her son, Matai, and said, "If you listen to his nonsense, your classmates will discuss with each other and refuse to give in. Don't believe what he said."
"It's really right. Last week, the boss of the factory I worked in, said confidently that the stock market was at the end and he wanted to buy at the bottom. I heard that I went to the window to complete the procedures and invested more than 100,000 yuan. As a result, my face was so dark this week that everyone had to hide when they saw him, otherwise they would just make excuses and curse. You could tell at a glance that they had lost money in the stock market."
Jiang Xiuxia shook her head and sighed, "This is not the same as in the past two years. In the past two years, as long as you can buy stocks, you can make money. Now whoever dares to go in, will die if you buy them."
The discussion between the two women resonated with people around them. Tongguan Town is very close to the window, and everyone clearly remembers that the domestic stock market was in a madness around 90 years.
Especially in 1992, when the window stock market issued new shares, the people who won the subscription books in the early years were all rich. It is said that in August, there was another new stock subscription, and more than one million people gathered at the window to queue up to buy the subscription books lottery form. You can imagine the crazy situation at that time.
It was precisely because of the unexpected surprise that a million people lined up this time that the stock index fell, falling from 310 points on August 10 to 285 points on August 14, a drop of 8.1%. At the same time, the vitality was severely damaged, and the stock index fell to 164 points on November 23 before stopping the decline and rebounding.
When everyone thought that the domestic stock market was a big pit and that only those who entered the first could make money, the domestic stock market came to the face before it was over.
In the Shanghai Stock Exchange, located in the Yangtze River Delta, the Shanghai Composite Index in November began to rise from a low of 386 points. In just three months, the Shanghai Composite Index rose to 1558, up 303%...
It is precisely because of this big rise that the country has gradually entered the era of national stock trading. When everyone thought that the stock market was easy to make money, the stock market gave these people a blow. The Shanghai Composite Index turned from a high level and went downward. The bear market came. The indexes of both markets fell and fell, and continued to fall until now.
Chapter completed!