Reborn in the red age

The Shanghai Stock Exchange was established in November 1990 and opened for business on December 12 of the same year. At the beginning of its establishment, there were only 19 listed companies.

These eight companies have a resounding title and are called the "Old Eight Stocks".

Li Qingfeng didn't pay much attention to the other party's question about whether Lemon Company had any idea of ​​going public.

As the director of the first stock exchange in the country, Zheng Tingjun is no incompetent person. He once studied political economics under the big brother.

After the reform and opening up, he visited Europe and the United States many times and conducted in-depth research on the securities trading rules there.

Li Qingfeng, who felt that the other party would not ask such an idiotic question as letting Lemon Company go public in China, said casually, "I don't have such plans for the time being. I'll talk about it in a few years."

"Oh? Why does Teacher Li have this idea?" Zheng Tingjun asked curiously.

Li Qingfeng asked in return: "Why can't we have this idea? Does the company have to go public?"

"That's not the case. I just think that your company has been doing business overseas and should be deeply influenced by Western technology companies. After all, technology companies around the world have always aimed to go public. Dell, which has recently become famous in the computer industry, was only founded in 84 and was eager to go public in 88."

"Our company is different from other companies. Lemon has a complete global layout and sufficient funds and resources to support the company's business development. There is no need to go public to raise funds for the time being."

Li Qingfeng casually explained that there was no shortage of funds. As for the fact that Lemon Company was solely owned by himself and he did not want to introduce other shareholders in the company, there was no need for Li Qingfeng to tell him.

Zheng Tingjun nodded and did not continue asking questions. Instead, he asked Li Qingfeng about his views on the trading rules of domestic stock exchanges and whether he had any suggestions.

Li Qingfeng had nothing to say about the A-share market. No matter how good the rules were, there would always be problems. Li Qingfeng was too lazy to offer any suggestions. He just said casually, "It is not recommended to copy the trading rules of Western stock markets. Most of the retail investors engaged in securities in China do not understand the rules. It is recommended to specify unique domestic trading rules based on the national conditions."

"Indeed, our securities market has just started, so it is not suitable to copy the mature trading rules of foreign countries." Zheng Tingjun nodded in agreement, and then changed the subject and said, "Teacher Li, what do you think of the foreign trading rules of T plus 0 and no limit on rise and fall?"

At this time, the Shanghai Stock Exchange has a limit on the rise and fall of stocks, and the limit on the rise and fall of stocks is 1%, which can be said to be extremely conservative.

There is an endless rise in prices almost every day, with the stock market rising by 1% every day, but few people are willing to sell. Stock trading is an unfamiliar term for most ordinary people.

It was not until 92 when trading was completely liberalized and T+0 and unlimited ups and downs were introduced that the stock market rose by as much as % that day, and continued to soar sharply in the following trading days.

As the first batch of people who tried it out became millionaires through the stock market, ordinary people began to believe that stock trading could make people rich overnight. After that, more and more people blindly entered the stock market waving their money.

It’s just that the money earned unintentionally will always be lost unintentionally. Most of the first batch of retail investors who made money from the stock market were harvested again and again by the market makers in the subsequent stock transactions, and their final fate was to queue up on the rooftop.

Hearing Zheng Tingjun's question, Li Qingfeng complained in his heart, "How can I watch it? I'll just sit and watch it."

Even though he was complaining in his heart, Li Qingfeng still expressed his thoughts: "I don't recommend directly introducing TO and unlimited ups and downs. As I said just now, most of the domestic investors are retail investors. Introducing foreign unlimited trading rules will only make it easier for market makers to use technical indicators to cheat and harvest retail investors."

“I don’t think so.” After Li Qingfeng finished speaking, Zheng Tingjun immediately raised a rebuttal: “The American stock market has been developing for more than a hundred years. In the beginning, it was indeed rampant with market manipulation and cheating by looking at technical indicators, but gradually it was discovered that long-term market rules showed that if this continued, the only way was to wait for bankruptcy or collapse, so more and more investors tended to be long-term and institutional.”

At this point, Zheng Tingjun paused and continued, "The initial chaos is normal. As long as the government can effectively regulate market transactions, I believe that the domestic stock market will be like the American stock market. After a short period of chaos, it will eventually become regularized and long-term."

Li Qingfeng nodded without comment and did not engage in a meaningless argument with Zheng Tingjun. In the end, the facts would tell him who was right and who was wrong.

Zheng Tingjun realized that his reaction was a bit extreme. He then stopped talking about securities trading rules and started chatting with Li Qingfeng.

During the second half of the journey, the two of them chatted quite happily and the atmosphere in the car was very harmonious.

When the car stopped at the train station and Li Qingfeng was about to get off, Zheng Tingjun sincerely invited Li Qingfeng: "Teacher Li, domestic exchanges will develop better and better in the future. If one day Lemon Company wants to go public and China can take on the size of Lemon Company, I hope Teacher Li can consider listing Lemon Company in China."

"Don't worry, if Lemon Company wants to go public, the first choice will definitely be domestic."

Li Qingfeng nodded solemnly towards Zheng Tingjun, looking as if he had to get the big A.

In fact, Li Qingfeng’s idea is that even dogs wouldn’t get on the shitty Big A.

Standing on the train platform, watching the slowly approaching train, holding the soft berth ticket bought with the help of the Shanghai government, I found my own carriage and got on the train.

After more than an hour's journey, the train slowly stopped at Gusu Station.

At this time, Hu Jiabao had been waiting on the platform for a long time. When he saw Li Qingfeng getting off the train, he hurried over to greet him and asked with concern, "How was it? Did your trip to America go smoothly this time?"

"It's OK. It went smoothly. No matter how tense the relationship between the two countries is, it won't affect a small fry like me." Li Qingfeng put down the heavy suitcase, shook his sore hands, looked around and asked, "Are you here alone?"

"So what? You want the whole city to pick you up?"

Qingfeng Li straightened his coat and said proudly, "Why not? With my current status, isn't it worth it for all your relatives to come and welcome me?"

"You can tell my father this when you see him later and ask him to organize all the relatives to come to our house to see you, their son-in-law," Hu Jiabao joked with a smile.

"Forget it then." Speaking of his father-in-law, Li Qingfeng smiled and waved his hand, then got down to business: "Where are the two children? Why don't you bring them along? I haven't seen them for so long, I miss them."

"My mother is making dumplings with them at home. There are too many people at the train station. I dare not take them out, fearing that they will be taken away by human traffickers."

Hearing the words "making dumplings", Qingfeng Li scratched his ears subconsciously and looked at Hu Jiabao suspiciously: "My mother-in-law is making dumplings with two children? Are the dumplings edible?"

It's not Qingfeng Li's fault for having this idea, but people in the south don't consider dumplings as a staple food. At least Qingfeng Li has never seen proper dumplings in Suzhou at that time.

Hu Jiabao rolled his eyes at Li Qingfeng and said unhappily, "I'm going to kill you with this. Hurry up and leave. It's getting dark soon."

Li Qingfeng, who had been hungry for a long time, looked up at the sky. Not daring to delay, he carried his heavy luggage and hailed a tricycle at the entrance of the train station, and headed towards the Hu family.

On the way, Li Qingfeng saw the tricycle driver turning back to look at him from time to time. He asked curiously, "Master, why are you looking at me? Is there something on my face?"

"That's not the case. I just think you look familiar. You look like the big boss who did business overseas on TV a while ago." The three-wheeled master explained with a smile. "Really? Haha, many people do say that I look like him. People from the north all look alike."

The tricycle driver nodded in agreement: "Yes, such a big boss, I heard that he can earn hundreds of millions of foreign exchange a year, so he must have a Santana to drive when he goes out, how can he ride my tricycle like you?"

Damn Santana, poverty really limits your imagination. My friends abroad drive Mercedes-Benz and Lincoln and drive Porsche and Ferrari.

In other words, you need to be low-key in China, but if you are abroad, even if you give a Santana to your buddies for free, they won’t drive it.

Being recognized on the street, Qingfeng Li felt a little satisfied with his vanity. He raised an eyebrow at Hu Jiabao and started chatting with the tricycle driver: "Master, what do you think of the boss on TV?"

"What can I, a common person riding a tricycle, do? I'll just ride the tricycle and watch."

".You are quite humorous"

"Haha," the tricycle driver laughed, and then said, "If you ask me what I think of that big boss, I think that guy doesn't know how to name a company. Why name a good company Lemon? It's stingy and the name is really not good. I heard that he is a university teacher, but his naming skills are not as good as mine."

"puff"

Hu Jiabao couldn't help laughing when he heard his master's comments. When he saw Li Qingfeng looking at him with a bad expression, he quickly covered his mouth with his hands to stop the laughter from coming out.

Li Qingfeng smacked his lips. In his heart, he was thinking that he would not bother with this old man who knew nothing. However, he could not help but defend himself: "Master, you don't understand. It's popular among high-tech companies to name themselves after fruits. There is even a high-tech company in America called Apple."

"Apples are better than lemons. Apples are big and taste sweet. I've seen lemons in the southwest. They are small and sour. Even dogs won't eat them. They are far inferior to apples. I don't know why they have such a bad name." The tricycle driver must have eaten lemons before. When he talked about this, he swallowed his saliva and added:
"If you ask me, it would be better to call it watermelon. It's big and sweet. How many apples are equal to a watermelon? Wouldn't it crush the apples? The naming level is really poor."

"."

The tricycle driver chatted non-stop during the second half of the journey, and Hu Jiabao occasionally agreed with him. As for Li Qingfeng, he sat in the hood of the tricycle with a blank expression, not wanting to talk to the old man who laughed at his name.

Arriving at the family compound, Li Qingfeng picked up his suitcase and walked forward without saying a word.

When Hu Jiabao was paying the rickshaw driver, the driver looked at Li Qingfeng who was walking forward angrily and asked Hu Jiabao in a low voice: "Comrade, your husband has never beaten you at home, has he?"

"Ah? No." Hu Jiabao paused in taking out the money and looked at the tricycle driver in confusion, not understanding why he asked that.

The tricycle driver looked at Hu Jiabao with a worried look on his face: "It's okay if there is none. This northerner is emotionally unstable and his face darkened for no reason. I think he is not easy to get along with. You'd better be careful when you live with him in the future."

"."

After hurriedly paying the fare, Hu Jiabao caught up with Li Qingfeng, who was walking in front of him with his head down, and smiled as he repeated what his master had just said.

After listening to Hu Jiabao's story, Li Qingfeng was so angry that his teeth itched. What kind of person is this old man?

On the way from the staff quarters to the Hu family, Li Qingfeng and his wife were warmly welcomed by the neighbors in the quarters.

Anyone who sees the couple, whether they are old men or young people in the yard, will come up to say hello to them.

Especially the middle-aged ladies, they would chase Li Qingfeng and ask what a computer is, what software is used for, how much money they can make in a year, and how much money they have made from selling software over the years.

There is no sense of boundaries at all, and I have to get it clear.

It was not right to say it, and it was not right not to say it either, which made Li Qingfeng very embarrassed.

Fortunately, the mother-in-law upstairs saw her son-in-law being surrounded by neighbors and hurried down to rescue him, thus pulling Li Qingfeng and his wife out of the crowd.

"Dad, you are back"

On the first day of the new year, when she was at home making dumplings with her grandmother, she saw Qingfeng Li coming in. She quickly picked up a dumpling she had just made and rushed towards Qingfeng Li excitedly.

Seeing Chuyi's body and face covered in flour, Qingfeng Li showed no disdain. He picked up Chuyi and said with a smile, "Chuyi, were you good at grandma's house? Did you not act naughty?"

"No, Chuyi is a good boy, I won't do anything naughty." Chuyi raised the dumplings in his hand and showed them to Li Qingfeng like a treasure: "Dad, look, these are the dumplings I made for you, don't they look good?"

Looking at the dumplings that looked like dough, Qingfeng Li nodded in defiance of his conscience: "The dumplings made on the first day of the new year look really good. What's the filling?"

"It's stuffed with pork and green onions. I also put chocolate, White Rabbit, peach cakes, and canned fish in it."

".Our Chuyi really has a talent for cooking. He will definitely become an excellent chef in the future, a potential top chef."

Looking at Li Qingfeng who was lying with his eyes open, Hu Jiabao rolled his eyes almost to the sky.

After being praised by Qingfeng Li, Chuyi jumped off Qingfeng Li with a smile and continued to make dumplings with dark cuisine fillings with great enthusiasm.

After Chuyi left, Hu Jiabao whispered to Li Qingfeng: "You will eat all the dumplings your daughter makes later. I won't eat any of them."

"Let's talk about it later."

Praising his daughter is one thing, but Qingfeng Li is not stupid. Who would dare to eat that dark dish?

"Dad, I also made dumplings, they are prettier than my sister's, take a look"

At this moment, little Fifteen also brought over a dumpling he had made, holding it high up, waiting for Qingfeng Li's praise.

Li Qingfeng looked at the dough that barely had the shape of a dumpling and said unhappily, "Are these dumplings? If I didn't know, I would have thought they were small fried dough sticks." (End of this chapter)