Mixed in 1980

Chapter 522 The Fourth Brother's New Business

Chen Yan squinted at the music. Life was so boring. Given the current situation, he was stuck everywhere and would probably have to stay here for a year.

The old man said that no one in the family is allowed to go out until a vaccine is available.

With so many elderly people in the family, if they get infected, they may not be able to survive. Biological warfare is a very difficult hurdle for the elderly to overcome.

“The chicken farm raises a lot of chickens and ducks, and you have to slaughter them every day. Why don’t you just take over the job? It’ll keep you busy.”

Upon hearing this, Chen Yanyin rolled her eyes.

What are you thinking? Killing chickens and ducks is how grandmas and maternal grandmothers pass the time; no one else can get involved.

I don't want to do it myself.

Zhang Xiaoxi pinched her younger sister's cheek: "You, you don't want to do anything important, you don't want to do housework, and you always complain about being bored. There's no one more difficult to please than you."

"Nothing important," Chen Yanyin said with a wry smile.

"What's wrong? Let's fry some jade pebbles."

Zhang Xiaoxi sat down and put her feet on her sister's thighs: "Resident Evil, what a great gimmick! Gold prices are starting to rise, and jade pebbles should follow suit."

"I don't even need to handle the raw jade."

Chen Yanyin took out her phone and opened the jade market: "Look at the prices listed above, they're a bit higher than before. They're treating them like high-quality investment products."

"It's all just empty talk. One wants to buy, and the other wants to sell, but neither can leave their homes. Prices will only surge once this phase is over and the market is fully opened up."

"I plan to release a batch of them."

More than a year after the launch of the Hetian jade pebble market, Chen Yanyin has done a lot of work. In the first phase, he activated the market by releasing 10 tons of Hetian jade pebbles.

After that, the market became completely active.

Chen Yanyin spent a lot of money to buy back large quantities of Hetian jade pebbles, and now has a lot of stock on hand, planning to sell them when prices skyrocket.

In fact, the price of jadeite had already increased significantly last year, and it was originally expected to rise even more. However, the authorities found an ancient riverbed in Yulongkash River and released a batch of jadeite to lower the price.

I'm afraid the price will rise too sharply all at once.

Chen Yanyin took the opportunity to make a large-scale acquisition, waiting for the big market to arrive so she could make a fortune.

The next few years will be a big market opportunity.

My father's deduction has been confirmed: biological warfare is coming, followed by economic warfare, and hot wars will break out in many regions.

Holding only currency is not safe.

Capital will definitely shift and begin to purchase safe-haven assets. The rise in gold prices has already proven this point, and jade pebbles are now also a safe-haven asset.

It's recognized at least domestically.

Foreign capital has also begun to enter the market on a small scale, not out of personal preference but solely out of self-interest, and has seen a significant appreciation in the past year or so.

Chen Yanyin's mindset is also changing. In the past, collecting jade was a hobby, but now, in addition to being a hobby, it is also treated as a financial product, and buying low and selling high is inevitable.

"Try a different cooking method."

Zhang Xiaoxi stretched and teased, "Is it possible to make jadeite like stocks, futures, or Bitcoin?"

"Are you crazy?" Chen Yanyin exclaimed in astonishment.

After a moment of silence, he added, "It's not impossible, but it's very complicated and requires a physical basis, with the Hong Kong Monetary Authority coordinating the entire process."

“The physical jadeite is deposited with the Hong Kong Monetary Authority, and tickets are issued based on the identification numbers. These tickets can be freely bought and sold on the platform.”

"It is indeed highly feasible."

“The jade pebble itself has value, and the market recognizes it. If Bitcoin can circulate, there’s no reason why jade pebble cannot.”

At this point, Chen Yanyin frowned again.

He pushed his sister's foot away: "Single jade pieces, especially high-quality ones, are too valuable and have limited market circulation."

"Issuing tickets is something that ordinary people can't afford to do."

"Then we need to break it down, splitting the voucher for a piece of jade into ten, a hundred, or a thousand shares, and reducing the face value of each share."

"As a result, liquidity will increase significantly, and the value of jade pebbles will skyrocket in a short period of time."

"Even private individuals can issue them."

"It's not exactly a private issuance. Private individuals deposit the raw jade with the Hong Kong Monetary Authority, which issues corresponding vouchers, and then sells the vouchers through a platform."

"The liquidity of raw jade will inevitably increase significantly."

At this point, Chen Yanyin said with a bitter face, "It's very complicated. The whole plan is more troublesome than the jade market."

Zhang Xiaoxi tapped her nose and said affectionately, "You were just complaining about being bored. When I tried to find something for you to do, you were afraid of causing trouble. You just need to be taught a lesson."

Chen Yanyin scratched her head awkwardly, looking embarrassed.

"I've given you the idea. Whether you do it or not is up to you. We'll probably be staying here for a year. If you're not afraid of getting bored, that's fine too." Zhang Xiaoxi shook her head, got up, and left.

Chen Yanyin frowned as she watched her sister leave.

To do it or not to do it?

Once completed, the benefits are obvious: it will leave its mark on economic history, and the large amount of jadeite stored at home will appreciate in value once again.

Moreover, after listing, the liquidity will be stronger, and the cash can be quickly cashed out in case of any eventuality.

Peeking out from the balcony, Chen Yanyin saw that Zhang Xiaoxi had already arrived at the door and hurriedly called out, "Sister, let's do it together and write your name on it too."

"I'll propose a plan, and you refine it."

Zhang Xiaoxi waved her hand and quickened her pace. Chen Yanyin hurriedly called out, "Sister, this isn't fair. Are you treating me like a laborer?"

However, Zhang Xiaoxi ignored her completely.

She doesn't have time. Managing such a large auditing firm involves countless tasks. She can't feel at ease without keeping a close eye on things. Even if she's staying at home, she still has to go to work.

Chen Yanyin called out a few more times, but received no response. Helpless, she could only take out her notebook and begin to refine the plan for the launch of the seed jade.

It's actually no different from a company going public.

After a long period of work, her husband returned with their daughter. Chen Yanyin immediately stopped working and started playing with her daughter. The little girl became more and more mischievous the more she was teased.

It's developing in the direction of Xiao Wu.

Chen Yanyin was quite worried. When Xiao Wu was little, he was so naughty that everyone had a headache. It took three people—his eldest sister, second brother, and Jing Shu—to keep him in check.

If a daughter is like this, she'll have a lot to do.

Spending time with family while working on plans, the days flew by, and before we knew it, it was April 8th. Good news arrived: Wuhan was officially unsealed.

In just over three months, Douyin has developed rapidly, with a significant increase in user base and activity, which has also led to substantial growth in live streaming and e-commerce.

The most obvious example is that valuation agencies have repeatedly raised Douyin's market value assessment, which has now reached $1800 billion, exceeding 1.2 trillion yuan.

Chen Lao Er boasted quite a bit.

As a major shareholder of Douyin, and also holding shares in Hang Seng Bank and Dadi Bank, the return on this investment is undoubtedly huge.

This is just the beginning.

The lifting of the lockdown in Wuhan does not mean the end of the biological warfare. Douyin's market value will continue to soar, especially in overseas markets, where there is huge potential for growth.

It's definitely going to be a technological behemoth in the future.

Thinking about all this, Chen Lao Er still had a headache. The family had too many investments, especially in emerging technology companies, holding a lot of shares, and many of them were major shareholders.

Because there are so many, they are basically impossible to manage.

If you're focused on one business, you can't focus on another. You can only leave it alone, keep an eye on the finances, and then sell shares based on future development trends.

Chen Lao Er (Chen Lao Er) sold off a significant portion of his Weibo shares, going from the largest shareholder to a minor one. If it weren't for the value of controlling public opinion, he would have sold everything long ago. The market value has plummeted over the years, and the financial institutions that bought in back then are now filled with regret.

It’s so deceiving!

Its market value has plummeted from over $200 billion in 2017 to just $77 billion now, and the downward trend hasn't stopped yet; it's estimated that it will lose more than half of its value.

Chen Lao Er was glad he sold the shares in time. It was his father who had foresight; he had mentioned it beforehand, which prompted him to sell decisively and then invest heavily in the short video sector.

With Wuhan reopening and the pace of work resumption accelerating across the country, everything is moving in a positive direction. Europe and America, however, are in a different situation; it's their turn to cause trouble.

The internet is currently the most bustling place.

When Jiangcheng was locked down, Europe and America broke out and immediately started to smear China. However, Chen Fan and his daughter Chen Yanyin took the lead in the early stages, so the smear campaign couldn't be carried out.

Instead, they themselves started to panic.

From 2018 to 2019, Chinese netizens have been stirring up trouble on foreign websites, and now it has all come true. How can we continue to smear them?
Nowadays, Chinese netizens are quite arrogant on foreign websites.

When they encounter someone trying to smear them, they immediately swarm over, unleashing a barrage of insults, with the most common claim being that the "big boss" brought this upon herself and is now getting her just desserts.

Chen Lao Er didn't care about these things.

Making money is the most important thing.

Taking lava spray fabric as an example, the price has been rising all the way up, from 2 yuan per ton to 40 yuan at the beginning of the year, and now it has exceeded 45 yuan, and it is still rising.

The price changes every day.

The prices of masks and protective clothing have also skyrocketed, as have ventilators, which now cost 40 yuan each, whereas they used to cost only 13 yuan each.

"We've made a fortune!" Chen Lao Er exclaimed.

Over two years, they've stockpiled countless goods, and now they have no worries about not being able to sell them. As long as they have stock, people from all over the world will come to snatch them up.

Sell ​​off existing inventory and then sell new stock.

Today, Mr. Chen controls 30% of the world's production capacity. Once the machines are turned on, they produce US dollars.

Calling it a factory is an understatement; it's more like a money printing plant.

"This kind of money is made with no conscience!"

Despite this, Chen Lao Er felt no remorse whatsoever. Influenced by his father since childhood, he held the fixed mindset that those foreigners were not human beings, but merely leeks to be harvested.

They harvest overseas, fearing they won't be ruthless enough.

Chen Lao Er didn't keep any of the money he earned; he used it all to buy gold. As for the US dollar, he shared his father's opinion and became increasingly distrustful of it.

There may be no problem in the next 10 or 20 years, but what about in the longer term?
If you don't buy gold, you'll never be able to spend it all.

The key is that you can keep making money back. Compared to a business, you can earn more in finance. Healthcare stocks are soaring globally, and if you sell them in a couple of years, you'll have a large sum of money again.

"You have to spend the money you earn!"

Chen Lao Er looked miserable. He was good at making money, but not so good at spending it. There was no extravagant atmosphere in his family, even though his parents never restricted their spending.

Even Xiao Wu, who is the biggest spender, only spends money on dating and has earned the nickname "walking 300,000 yuan". He spent 40 million yuan to hire a professor to do research.

As for the fourth child, he does spend money, but it's more like an investment. The jade, emeralds, and various jewelry he buys all make money, while his other expenses are not significant.

Compared to other rich kids, it's nothing.

How can those rich kids compare to my family? Even a single hair on my leg is thicker than their thigh.

Wealth passed down through generations lasts for three generations; poetry and books are passed down through generations for five generations; farming and reading are passed down through generations for ten generations; but morality is passed down through generations and flourishes for a thousand years.

The parents understood this very well.

The Chen family is wealthy, extremely wealthy, but they do not pass on their wealth. Their family rules emphasize law-abiding behavior and charity, and they value "cleanliness."

After thinking for a moment, he called over the third and fifth brothers: "Think about it, the biological warfare is over and a large sum of money is coming in. How do you plan to spend it?"

Their gaze fell on Xiao Wu.

Chen Yanche said irritably, "Why are you looking at me?"

Chen Lao Er teased, "You're the only one in our family who knows how to spend money, that's why I'm asking you for advice."

“I…” Chen Yanche gritted his teeth.

When it comes to spending money, who can compare to Chen Lao Er? He doesn't live a luxurious life, but he dotes on his eldest sister and fourth sister, buying them antiques and jewelry quite a bit.

There were also his aunts, his other aunts, and Xiaoxi's sister; Chen Lao Er would send them all sorts of jewelry and ornaments in batches, spending money like water.

After thinking for a moment, Chen Yanche said dejectedly, "There's too much money. Apart from large-scale infrastructure projects, there's nowhere else to put it. I'll ask my brother-in-law later if there are any major government projects."

"Indeed."

Chen Yancheng nodded slightly in agreement, saying, "Actually, there's no need to rush. Dad's analysis of the current situation is very thorough."

"After biological warfare comes economic warfare."

"In the coming period, the global economy will be sluggish, and the government will definitely launch large-scale infrastructure projects to stimulate the economy and solve employment problems. We just need to keep up with the times."

This is also inevitable.

Economic downturn, industrial upgrading, and the development of artificial intelligence will inevitably lead to a problem: a decline in the employment rate.

That would require large-scale infrastructure projects to boost employment.

To put it bluntly, the problem is that there is too much population, and future technologies cannot solve the current problems, so large-scale infrastructure construction is needed as a transition.

This wouldn't be a problem in the Western world.

Their model is that the poor are not considered human beings, and no one cares about their lives or deaths; it's only right for capitalists to put money into their pockets.

Only we would consider these things.

"That's all we can do," Chen Lao Er said with a wry smile.

Who can understand the pain of having too much money and nowhere to spend it? But that's the reality. The profits from this harvest are enormous, and we have to find a way to spend the money.

If they are all "yuan", Chen Lao Er is not worried.

It's all in US dollars, which is really frustrating. Anyway, he doesn't believe that the US dollar will stay strong forever. During the 07 subprime mortgage crisis, if it weren't for China supporting it, US debt would probably have collapsed.

However, at that time, we needed to stabilize the exchange rate and exports, and also, the country's strength at the time did not allow us to turn against the United States, a major power.

Things are different now, and they will be even more different in the future.

The good days of the US government's borrowing are coming to an end sooner or later: "Take another look at your overseas assets. What technology or assets do you need? Buy them with all your might."

The third and fifth brothers exchanged a glance and nodded in agreement.

There's no need to be polite.

The money belongs to the family and they haven't divided the property yet. Chen Lao Er has always been generous with money and never thinks about taking more for himself while others get less.

Brothers are one.

After discussing their needs for a while, Chen Lao Er changed the subject again: "Lao Si wants to turn Hetian jade pebbles into vouchers, has he contacted you yet?"

As he spoke, he looked at the third brother.

Chen Yancheng nodded: "She mentioned it briefly, asking me to help her develop trading software. It's not a complicated solution; we'll develop it after her solution is finalized."

"Fourth Sister is capable."

Chen Yanche raised the corners of his mouth and joked, "Lazy as he may be, what he does is extraordinary. The jade market alone is enough to make his mark in the history of economics."

"After voucherization, another expense will be required."

(End of this chapter)