Future Stamps and Coins Diary

Chapter 213: Garbage Breed
On February 2th, Guangzhou was filled with the commercial atmosphere of Valentine's Day.

But for those in the stamp, coin and card market, it was the first day of business in the year of Wu Zi.

Everything on the third floor of the former Zhongbo Trading Center has been cleared out, and a series of supporting facilities on the second floor, even the warehouse receipt documents, have been cleared away.

Without the trading center business, the 800-square-meter space looks more like a luxuriously decorated terminal retail store.

After seven days of "careful consideration", only three people chose to return to the Zhongbo Collection, all of whom were store managers trained by Jiuzang Xu Huiying herself.

This is far from what Lu Feng expected.

He originally thought that at least eight or ten people would come, but after losing the trading center, most people still did not think he could achieve anything great.

Just like the market reaction after the opening today.

Deserted!

Compared to the deserted Zhongbo, the second floor of the market attracted the attention of almost all practitioners after its official opening at the beginning of the year.

Zhongbo and Southeast were integrated together, and the new trading platform was directly named "Zhongnan Stamp and Coin Trading Center."

It seems that Jiang Zehao, who came up with this idea, undoubtedly wanted to humiliate Lu Feng in this way.

It is said that Jiang Zehao turned a disaster into a blessing this time and was favored by the Li family. In addition to Li Guangquan's appointment to be in charge of Zhongnan, the affairs of the Lianti Banknote Professional Committee are also being advanced in full swing.

Everyone felt that it wouldn't be long before Jiang Zehao would reach the next level.

In addition to the title of "Chairman Jiang", he is likely to become the only tycoon under the age of 50 with a net worth of billions in recent years.

On the first day of trading, Zhongnan shocked the entire industry with a custody announcement.

There are a total of ten varieties listed above, half of which are conjoined banknotes controlled by Jiang Zehao.

Including 9050 four-piece, 90100 four-piece, etc.

From this we can see that some kind of agreement was reached between Li Guangquan and Jiang Zehao.

"It seems that, as you said, they have used this model as a tool to make money." Li Jicheng made the first conclusion after reading the announcement.

Facts have proved that Lu Feng's judgment was correct.

This was on the second floor of the former Zhongbo Trading Center. There was a small round table where five people of equal status were sitting around it.

In front of everyone was a laptop and a document prepared by Li Jicheng.

The content of the data was compiled and submitted by Li Jicheng over the course of the Spring Festival.

However, now that the meeting has just begun, everyone's attention is naturally focused on the new announcement of the Central South Trading Center.

Lu Feng was also looking at the announcement at this time, especially the custody price of each variety.

There is no doubt that the hosting price is 10% higher than the market price.

"Jiang Zehao is too greedy. It would be fine if he just used the trading center to sell the goods, but he actually set a high price from the beginning of listing, not giving anyone else any chance at all." Huang Doudou sighed.

"Lu Feng, is there any feedback from the agent?" Li Jicheng asked.

Lu Feng nodded and began to report to them: "Everyone has been notified. Don't touch any new products. All members who still have positions are advised to clear them out as soon as possible to avoid being cut off later."

"No. 001 has already started preparations in advance. It's not a big problem. It can be cleared in ten days or eight months at most." "No. 0004, Mr. Ma's members are mainly gold and silver coin merchants in the market. They are entrusted with the funds, so it doesn't matter whether they sell or not."

"As for 0003, Doudou has already informed Wang Zilin of the relevant risks, and he can only do his best to deal with it."

"Chen Cui has made it clear that all the items have been sold out and they will not entrust any more items to her."

"The biggest problem right now is with Sister Xu. There are too many members and they are too diverse. Moreover, the market value of their holdings is not low. It will probably take a long time. But I don't think we need to worry too much. At this stage, the influx of these market merchants will naturally bring activity. I dare not say that all of them will be sold out, but most of them can still be sold out."

After finishing his speech, Lu Feng picked up the form submitted by Li Jicheng and officially got into the topic.

"From now on, let's forget about the trading center for a while and focus all our energy on what we should do."

The four of them perked up and straightened their backs subconsciously.

"According to the form submitted by Jicheng, you can see that among these thirty, more than half have difficulty receiving large quantities of goods, and only thirteen have direct sources of goods exceeding one million."

"My idea is to start with these thirteen old stamps. I will use the next year or so to collect the goods and build up enthusiasm."

After saying that, Lu Feng looked at Li Jicheng.

The latter immediately replied, "I have confirmed that we can get all of these thirteen varieties, but before we officially make a move, we need to wait for half a month. The supplier needs time to find out the situation and help us collect more goods. I estimate that it may cost about fifty million in the end."

Huang Doudou raised his hand: "I have a question! Should we trade these varieties secretly or openly?"

"After half a month, just make it clear without hiding anything. Although we don't have a trading center, many people are secretly watching our every move. Instead of worrying, it's better to be out in the open," Lu Feng said firmly.

Li Jicheng also nodded, and then added: "Most of these old stamps are already in the hands of ordinary collectors. It is not easy to get a large number of them. Therefore, even if we put them in the open, they can't pose any threat to us, let alone do insider trading. I guess they will laugh at us for being stupid and taking over old stamps that lack liquidity in the market."

This is the truth.

The coin collecting craze in recent years has, in a sense, eaten up most of the philatelic market. Many stamps have fallen below their face value and have almost no liquidity.

For merchants who originally dealt in stamps in the market, apart from selling some stamp albums at the end of the year, their early stocks were destined to rot in their hands.

Because of this, Li Jicheng's investigation and negotiation this time went unusually smoothly.

When those old postal merchants heard that someone was willing to take over, they did not hesitate at all and almost worshipped Li Jicheng as their grandfather.

After Li Jicheng said that he could collect even more, they mobilized all kinds of connections and tried their best to help collect.

Even a 5% profit is considerable for them.

Wu Xin suddenly raised his hand as well: "I have a question too! Why don't we take this opportunity to entrust some goods to Zhongnan and sell them to make a profit?"

"Don't be silly. What you can think of, most people in the market can think of. Do you think you can still buy cheap goods now? Maybe the price difference between online and offline is a trap set by others. When safety cannot be guaranteed, everything should be kept constant. If I say you won't touch it, then don't touch it." Lu Feng said seriously.

What Wu Xin said is undoubtedly what the vast majority of market merchants are thinking now.

However, Lu Feng felt that with Jiang Zehao's intelligence, he would not think of this, and it was very likely that he was also using this method to sell stocks at a high market price.

They did release a custody announcement, but did not specify when the shares would be put on the market for trading.

This is very interesting.

(End of this chapter)