From the end of November to the beginning of December, after hitting a low point of 300 points, the Shanghai Stock Exchange Index experienced a retaliatory rebound. In just half a month, it soared from 386 points to more than 700 points and after a few days of adjustments there was a prelude to another bull market.
The next day, Xiao Yun arrived early at the big family room. A new round of stock IPO’s will be launched next week, and no negligence could be tolerated.
Although the bus had basically travelled directly, they still took a full forty minutes to reach the Bund. While Shanghai’s always-overcrowded bus was fine for Chen Yuanming, it was not so for Xiao Junyi, who had always been picked up by various special cars from an early age.
While seated on the sofa, Chen Yuanming flipped through the freshly published newspapers as usual.
June passed in an instant. The new stock market listings were a great success and the market was slowly pulled back by upward trends.
“Are you crazy?” After steadily earning 27 times the profit and avoiding the terrible stock market plunge. Xiao Yun had just sighed with relief but who knew that Chen Yuanming would actually rush back into the stock market again at this time. He only felt that his temples were suddenly jumping. He just wanted to discipline the elders of this ignorant boy who seemed not to know the immensity of heaven and earth
For most people in China, May 21, 1992, was just another bland day, but at this time, for people of Shanghai, particularly the stock market investors in Shanghai, it was a fascinating and passion-filled day because on this day, the Shanghai Stock Exchange announced a full liberalization of stock prices
Putting down the knife and fork in his hand, Xiao Yun steepled his fingers, leaned back against chair, and said “Oh, let’s hear it.” There was a lack of interest in his tone and it appeared like he had no interest in this proposal at all.
From January 19th to February 1st, 1992, the ongoing sale of stock subscription certificates, ended very tepidly on the eve of the Spring Festival