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Chapter 143 Impetuous and crazy

When I returned to Shanghai, a breath of impetuousness hit me...

As soon as he arrived at home, he saw Chen Qimei talking to Lin Sha with a rosy look on her face. As soon as he saw Wang enter the door, he stood up and greeted him with a red face: "Oh, brother Wang Jin, I really miss my brother to death if I haven't seen him for many days..."[]

My grass, has this guy taken the wrong medicine? He knocked off Chen Qimei's "paws" that came out, and his eyes signaled Lin Sha to tell me what was going on?

After Lin Sha explained, he realized that Chen Qimei's investment in rubber stocks was rising all the time, and the guy who made a lot of money was naturally so happy that he couldn't stop. Moreover, the Zhejiang Liberation Association Branch, an annoying organization, was wiped out by the government, and the momentum of the "Sun Movement" declined for a while, so this guy was naturally very happy.

"Brother Wang Jin, what inside information is there in Nanyang Rubber? You must tell me as soon as possible. We have all our money in it." Chen Qimei smiled and pleased her.

"I won't give you any commercial secrets, so I'll accept you when I see it!" Wang Jin was almost irritated by this rogue.

After sending Chen Qimei away and learning about the current situation in Shanghai, he understood why he always felt an impetuous atmosphere. The stock market on the Shanghai Stock Exchange was so popular that countless investors became rich overnight, which made everyone chasing the stock market even more crazy...

Especially the leading star stock of the Shanghai Stock Exchange, Nanyang Rubber, has risen dozens of times in a short period of time, and has attracted crazy enthusiasm from countless funds. Now there is no need for Nanyang Rubber Co., Ltd. to develop any good news. As long as there is no problem with the foreign rubber market, the stock price of Nanyang Rubber will continue to rise!

In 1908, Ford Motor Company of the United States launched the T-model, which was priced at about US$800. However, with the advantages of assembly line quantitative production, the price has decreased year by year, which has quickly changed from luxury goods to mass consumer goods. The United States quickly entered the era of automobiles, and the rubber required for automobile tires is also one of the most valuable new materials.

The use of rubber is far more than just cars, from large bikes, bicycles to small three-wheelers, and rubber tires are also used. Of course, there are all aspects of industrial products such as ships. With the continuous deepening of industrialization, this cheap and practical material has made the world increasingly dependent on it, and the demand for rubber in the entire industrial world has also increased dramatically.

However, due to the constraints of factors such as growth cycle, climate and soil, the production scale of natural rubber cannot be expanded in a short period of time. In addition, artificial synthetic rubber has not yet been born, which has led to an expansionary development trend of rubber supply.

During this period of time when there was no large amount of artificial synthetic rubber, there were only a few places where natural rubber could be planted. The natural rubber market was facing an increasingly obvious supply and demand situation. The scarcity of natural rubber determined that its rubber price would continue to rise for a certain period of time, and the rubber price in the London market more than quadrupled from 1908 to the end of 1909.

The market for rubber physical goods is so fierce, it is not difficult to imagine that the prices of rubber stocks on the London Stock Exchange also rise high, and even under the stimulation of artificial speculation, the price of stocks has risen even more crazier than the prices of rubber physical goods. Now Britain is the world's largest country, and London is also the world's largest financial center. The trends of the London Stock Exchange have a certain vane role in the economic trends of the entire world. As the number one city in the Far East, Shanghai naturally follows the world's trends in financial securities.

Under the secret operation of Nanyang Rubber Co., Ltd., Shanghai's rubber stock market has been even more rapid, showing an abnormal prosperity, and all rubber stocks are rising wildly.

Yes, the stocks of more than one rubber company are listed on the Shanghai Stock Exchange now. However, since Nanyang Rubber is the first to take action, and with the strong support of Shanghai's local gang forces, the rubber companies that followed up all have to act according to Nanyang Rubber's expression, even foreigners are no exception!

There is never a shortage of followers in the world, especially when the rubber market is so hot...

Speaking of international financial capital, which has gained a lot of stocks in the London stock market, I feel that this business is promising. It is far less profitable than trading stocks on the market. Capital has always been fighting for profit. Instead, international hot money has taken out a lot of funds and set up rubber companies in the Nanyang area that is suitable for rubber growth.

Shanghai cannot avoid speculative business in Southeast Asia. In addition, the largest financial stock exchange in the Far East is in Shanghai, so these newly opened rubber headquarters are basically empty in Shanghai to facilitate financing from the largest financial center in the Far East.

Therefore, in just a few months from the end of 1909 to the beginning of 1910, there were more than 100 newly established rubber companies in the Nanyang area. Starting from Nanyang Rubber, there were almost more than 40 rubber companies that sold new shares on the Shanghai stock trading market. Some of these companies just bought a piece of land and rushed to make money, while others simply just became empty-shelled companies and made up their minds to make money from the Shanghai Stock Exchange.

Such a silly and sand-filled securities environment is extremely risky. Wang Jin also reminded the people around him and friends with good relationships at that time that they all invested a lot of money in rubber stocks, hoping that they could calm down and pass this message on.

Unfortunately, Shanghai financial industry and speculators, who had been stimulated by the rise in rubber stock prices some time ago, couldn't listen to it, and no one would do such a thankless thing. So Wang Jin's hope was completely lost, and he sighed as the investors who were in a state of crazy in the securities trading market. He could imagine how miserable the Shanghai Stock Exchange would be when the rubber stocks avalanche!

Adhering to the principle and instructions of "Doing fellow Taoists but not dying," "It is better to cheat foreigners than cheating Chinese people", he used his relationship in the upper-level circle of Shanghai foreigners to sell the expanded capital of Nanyang Rubber one by one, and swept away nearly one million pounds of foreigners' money at one time.

Of course, no one is worried about this. Now, he held a newspaper called Guofeng Daily in his hand, and looked at the article on it, nodded constantly to agree: the world is prosperous for profit, the world is clamoring for profit, and a gentleman loves money and takes it with his own principles...
Chapter completed!
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