legendary trader

Chapter 180 Learn from the experience of the Mu family

Chapter 180 Learn from the experience of the Mu family

After sitting for a while, Zheng Xiaopang got up and planned to visit his gold trading team, but just as he got up, he saw the office door was pushed open, and Mr. Liu walked in with a stack of documents.

"Hello, Mr. Chen, Mr. Zheng." Mr. Liu still maintained his usual modesty and caution, and greeted Chen Fan and Zheng Xiaopang carefully.

Zheng Xiaopang looked at what Mr. Liu was holding in his hand and asked curiously: "Old Liu, what kind of information is in your hand?"

Mr. Liu smiled and said, "This is the information about the Mu Family in Guangdong Province."

As he spoke, Mr. Liu put the information in front of Chen Fan.

"Thanks for your hard work, old Liu." Chen Fan said, picked up the documents, and carefully read the information about the Mu family on the document.

Through the information in his hand, Chen Fan roughly understood the development process of the Mu family.

The Mu Yongsheng family in Guangdong Province was a fisherman for a living before making a fortune.

Because of a shipwreck, Mu Yongsheng lost his fishing boat and his father, and because he was still young at that time, he had to follow his mother back to his grandfather's house to live.

When Mu Yongsheng became an adult, he first worked in a rice store in Guangcheng, and then with the help of his grandfather's family and his own meager savings, he established a small toy workshop to provide children's toys to the Guangdong market.

Due to urban expansion, the location of the toy workshop was planned as a new urban area. After Mu Yongsheng sold this dilapidated property at a high price, he found that the real estate industry made money much faster than doing business. After that, Mu Yongsheng devoted all his energy to buying real estate around the city and land, and gradually formed their own circle.

It can be said that the family history of the Mu family actually developed along with the urban construction of Guangdong Province. It started in the real estate industry, and then set foot in ports, shipping, finance, public services and other industries, and finally became the richest family in Guangdong Province.

At present, the first generation of Mu Yongsheng is old, and now the family is in charge of Mu Yongsheng's son Mu Weixian. The family wealth is estimated at more than 500 billion Chinese yuan, and he is also considered one of the top richest people in China.

After Mr. Liu left, Zheng Xiaopang looked at Chen Fan and said, "What are you doing with Chamu's family? It's just for a bunny. I think you are not that brave."

Chen Fan looked at Zheng Xiaopang and said with a smile: "I'm not that stupid, I just want to see how these rich people make their fortunes, so as to give myself a reference."

"That's about the same." Zheng Xiaopang said with a relieved smile, "Then have you learned anything? Did you find anything in these materials?"

Zheng Xiaopang asked while pointing to the materials Mr. Liu sent over.

"Sharp vision, decisive investment, and good luck." Chen Fan thought about it and felt that he had nothing to say, so he said it casually.

Zheng Xiaopang nodded and said: "The basis of the Mu family is real estate. There are projects and properties of their family in the three major first-tier cities. Just collecting rent is enough. The real estate market has started to rise again in the past two years, and their family does nothing. , Wealth is soaring, it’s incomparable.”

Chen Fan looked at the information in his hand and asked, "You know so much about the Mu family?"

"My dad has studied the history of their family's development, so he made a bold move into real estate, and sold furniture all over the country by the way." Zheng Xiaopang didn't hide it, and directly said what he knew.

Chen Fan frowned and asked, "Is real estate so profitable?"

"How should I put it? The real estate industry has a characteristic, that is, the location. If you buy a good location, it is impossible for others to build a house on your site, right? Then he can only find a site in a nearby area, although the price It may be close to your good location, but it is only close. If you invest in industry, it will not work. If you make money in this industry, other capital will rush in, unless you have some technical content, which cannot be produced by others.” Zheng Zheng After Xiaopang finished speaking, he looked at Chen Fan to see if he understood.

Chen Fan just thought about it and said, "But in the past two years, it seems that there have been many real estate developers. There is not enough land in the city, so they have expanded."

"That's right, the prices of the lots on the outside are not as good as those on the inside. If someone else chooses to buy a house, they must go to the city instead of the surrounding areas." After Zheng Xiaopang finished speaking, he took a deep drag on his cigarette and put it out in the ashtray. , "A few years ago, my father grabbed a lot of properties in the city's business districts, and the returns on those investments are said to be considerable."

"No wonder you agreed to buy a building for the company's office space at the beginning." Chen Fan nodded clearly, and then said: "Then we also buy a building in Shencheng and the Imperial Capital for storage. It’s easy to build a company.”

Zheng Xiaopang looked at Chen Fan with wide eyes, and after a while he gave a thumbs up and said, "The stock god is mighty, the stock god is awesome."

After finishing speaking, Zheng Xiaopang stood up and said, "I'll go see how the gold team is doing, and we'll finish the investment first."

Chen Fan watched Zheng Xiaopang out of the office, and said to himself that I just proposed to buy two buildings, why Zheng Xiaopang reacted so strongly.

Forget it, leave him alone and see where my crude oil is.

Thinking of this, Chen Fan also got up and went to the small trading room.

At around 9 o'clock in the evening, Chen Fan, Zheng Xiaopang, and Zhang Yang were bragging and chatting in the small trading room.

"Ma Yunbo is not here tonight, why don't you go and watch your golden team?" Zhang Yang asked Zheng Xiaopang on the sidelines.

Zheng Xiaopang laughed and said: "My position over there is basically completed, and now I'm just waiting to count the money. I can also see the gold price and position here, so there's no need to go and watch."

After finishing speaking, Zheng Xiaopang looked at the position of crude oil futures and said, "Hey, you have already got more than 5 lots of orders, and you opened positions quite quickly here."

Zhang Yang shook his head and said, "I can't bear 15 yuan anymore, and now I am consolidating at more than 14 yuan most of the time. If I don't build a position soon, I think there will be no chance."

Zheng Xiaopang laughed dryly before saying, "Will you watch rice stocks tonight? We have a heavy position in rice stocks right now, so that should be the main battlefield."

Chen Fan, who has been looking at the computer screen, will turn his head and say to Zheng Xiaopang: "I guess it is going up. There is really no need to stare at the rice stock recently. It has reached 1800 points, and it has stabilized. Tonight's focus is to put On crude oil, eat as much as you can.”

"Xiaofan, should we modify the settings of the crude oil futures robot and adjust the price limit to 14 yuan?" Zhang Yang asked.

Chen Fan shook his head and said, "I've read it, and I feel that crude oil futures may rebound tonight. At that time, it will be good to increase the amount of open positions, and press the long positions to open positions."

Zhang Yang shook his head when he heard Chen Fan say that crude oil futures might rebound.

Chen Fan didn't say anything after seeing it, and just waited to see the market performance.

Looking at the trend chart of crude oil futures, he didn't switch the screen to the rice stock market until 9:[-]. Chen Fan was a little surprised at the opening point of the Nasdaq index.

The Nasdaq Composite Index did not open higher today following last week’s rally, but opened 1 points lower at 798.28 points. Afterwards, the market quickly covered the gap and then began to fall slightly. After half an hour of decline, It bottomed out at 3 before it stopped falling and rebounded.

To Chen Fan's surprise, Zheng Xiaopang just watched the fall quietly, not as terribly afraid as the previous few times. It seems that the market index's rush to 1800 points gave Zheng Xiaopang a strong boost. sense of security.

Zhang Yang, on the other hand, was still concentrating on operating the crude oil futures, without looking at the market in the US stock market.

(End of this chapter)

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