20 years of spring breeze

Chapter 593 Stock Exchanges and Real Estate
Xiaowei took out the lighter, ran straight to Xiaoliu's hair and burned it.

Xiao Liu made a fuss, ran away with a laugh, and said, "Really, what I said is true. This is the first thing that our Fengtian did in the whole country. It was really in 85. But at that time, it was all corporate bonds. It’s not called stocks. Later, some factories wanted to issue securities in the form of stocks, and that’s how the Shanghai Stock Exchange came into existence. Those factories are in the old stereotype.”

The securities trading center he mentioned has nothing to do with the Shanghai Stock Exchange.

The Fengtian stock market was closed in 93.The initiator and governing unit of the Shanghai Stock Exchange mentioned by Xiao Liu is Northern Securities, which was established by the Fengtian Sub-branch of Industrial and Commercial Bank of China in 87. The Fengtian Securities Trading Market was established by Fengtian Trust Company entrusted by the Fengtian Municipal Government.

The reason why this earliest securities trading market in China had no chance with the later stock exchanges or even was closed was because it was not from the financial system. Because of its prosperity, the Northern Bill Company, which was born following the trend, developed and grew because of its background in the financial system. The largest securities trading center in Northeast China, and the initiator and governing unit of the Shanghai Stock Exchange. Later, the company also moved to Shanghai and changed its name to North Securities.

In fact, Fengtian Securities Trading Market is the first company in China that specializes in securities trading. It started in 83 and was formally established in 85. By 87, 21 companies in five categories had issued bonds or stocks here. Including the old stereotyped shares of the Shanghai Stock Exchange, the annual transaction volume in 87 was close to 2000 million yuan.The second one in China is the Northern Bill Company.

The third is the Shanghai Jingan Securities Trading Department, which is also the fourth in China, the first recognized by the financial system, and the predecessor of the Shanghai Stock Exchange. It is a business organization established by the Northern Bill Company in Shanghai.

From modern history to the beginning of reform and opening up, Fengtian was a special and well-developed city, which was later replaced due to policy reasons.

……

Xiaohong asked: "Which stock can you really make money by buying?"

Xiao Liu said: "I don't know now, anyway, the people who bought bonds made money, so my family bought them. At that time, there were not many private buyers, and most people didn't dare to buy them. Like national bonds, yes, they were bought by units." A lot of them. My dad’s work unit forced him to suppress them, but he earned a lot of money.”

Xiaowei looked at Xiaohong and said, "Put your mind on going to school, don't worry about making money."

Xiaohong pursed her lips aggrievedly, and said, "Oh."

Xiaowei said: "That thing is like a lottery. It's all a matter of luck. How can you make money [-]%? Then it's our turn? Besides, do you have the time to watch it every day? If you really want to invest, why don't you just buy some?" The house, at least the house is in his hands, and he can't lose money."

Xiaohong blinked her eyes and thought for a while and said: "Okay, listen to you, buy a house. Then can I buy it in Shanghai Capital? We won't need to stay in a hotel when we come out in the future, it's so expensive."

Xiaowei smiled and said, "Okay, you have the final say."

Xiaohonglun raised her fist and slammed on Xiaowei's body: "If you don't say it sooner, if you don't say it sooner, the capital is gone, and Shanghai will be gone tomorrow. Where can I buy it? Where can I buy it?"

Xiaowei shrank his neck and laughed, and said, "It's not possible to fly for two hours."

At this time in 91, the country and various regions did not have so many restrictions on buying houses. The commercial housing policy has just begun to be implemented. There are no standardized laws and regulations and the relevant regulations of each region. As long as you have money, you can buy it.For example, Beijing, Shanghai and Shanghai can not only buy but also settle down directly. In the mid-90s, there were restrictions, and it became more and more difficult in the future.

In 91, the average housing price in the main urban area of ​​Beijing was 93, and in the central urban area of ​​Shanghai and Shanghai, it was [-]. In [-], affected by Hainan, it dropped to about [-], which was the most expensive place in the country at that time.The housing price here refers to the high-end new real estate at that time, excluding old houses and courtyard houses.

Xiaohong shook Xiaowei and said, "I don't care. I'll buy it when I come back from Yangcheng. How much did it cost in just a few days? It's almost enough for the house."

Xiaowei said: "Buy, buy, buy as you say."

Xiao Liu said: "Xiaohong, with your head and physique, I think it's a bit too bullying to do Xiaowei like this." Gazi couldn't hold back, he laughed, Xiaohong laughed too, and gave Xiao Liu a pooh.

Xiaowei raised his arm to brighten his muscles, and said with a smile: "No way, why doesn't it grow?"

Xiao Liu said: "The house in Shanghai is very expensive. I saw an advertisement in the newspaper yesterday. The garden house costs six to seven thousand square meters."

Xiaohong groaned, and said, "Is it so expensive? That 70 square meters is [-] million. My God, I can't afford it. I asked in the capital and it wasn't that expensive."

Xiaowei asked: "When did you inquire about housing prices in the capital? Why didn't I know."

Xiaohong said: "I just asked casually before going shopping. The building is two thousand and one, and that kind of big courtyard is only seven or eight thousand. I might as well buy a courtyard in the capital for six or seven thousand. How comfortable it is to live in, it's still in the capital." .”

Xiaowei said: "They are almost the same. Houses will definitely become more and more valuable in the future, and you can buy them no matter what."

Xiao Liu asked Xiao Hong: "Where do you have so much money?"

Xiaohong pointed to Xiaowei and said, "It turns out that he earned it before he started the company, but now he doesn't like it. Give it to me as my own money."

Xiao Liu shook his head and sighed: "It's really drought, drought, flood, flood, forget it, I can't live compared to you." There was a knock on the door, and Gazi ran to open the door. It was the waiter who delivered the ticket. Markup 40.00%.

Xiaowei paid the money, put away his work permit and letter of introduction, and handed the ticket to Xiaohong who was pouting.Although there are few planes at the moment, there are also few flights, so it is not easy to buy air tickets. You need to queue up at the sales point designated by the airline, and you may not be able to buy them on a certain day.Although the hotel has a higher price increase, it can guarantee that you can buy the flight you want at any time.

Xiao Liu was looking at the map and said: "Who would have imagined that a wasteland that was considered the most trashy place has become the most prosperous area in Shanghai today? Do you know that? Now the Bund, Huangpu District, in history The locals in Shanghai and Shanghai didn't even come to pay, so the British and the French took it almost at no cost.

We won the Qing-French War and did not take it back. The county magistrate of Shanghai reported that there was no third part of the land, no half an acre of ridges, and only barren hills and tidal flats.Now I seriously doubt that the county magistrate at that time had engaged in real estate by himself. At that time, this piece was actually quite valuable. "

Xiaohong asked: "Has the Qing Dynasty ever won a war with foreign countries?"

Xiao Liu said: "I won more than once, but I also lost money to others when I won. In fact, I still lost. That prodigal old woman. At that time, the Bund area was full of British and French people, and they all started to run away. The house and land prices All plummeted.

At that time, there was a Jew named Hartung who was a French doorman. He married a skilled woman who had a bit of brainpower. When he wanted to run away, the skilled woman said that if we don’t run away, the court will not take it back. Foreigners have to come back.Hartung listened to it, and the two bought land and houses by selling pots and iron. They collected [-]% on Nanjing Road, and it turned out to be a rich man. "

(End of this chapter)