Mixed in 1980
Chapter 524 Good News
Chapter 524 Good News
"You can play it like this? Isn't it just like Bitcoin?" Blogger Amu was stunned for a long time after reading the information on the jade stock market.
Upon closer reflection, I realized it was different.
Bitcoin is a virtual thing, but the stock market for Hetian jade pebbles is real. Their value is based on Hetian jade pebbles, which are themselves high-value items.
There are also restrictions on the types of jade that can be sold on the market.
According to the evaluation standards, the product must have five stars in each of the five indicators: oily, smooth, delicate, and white. The standard for market launch requires no less than 15 stars.
That is, an average of no less than 3 stars.
It's already considered a small gem.
"Is anyone going to buy it?" Amu asked curiously.
The seed jade stock market has reopened, but the number of stocks is not large. There are only 10 large-volume stocks so far, of which 5 are for 100 kg of raw materials, 3 are for 200 kg, and 2 are for 500 kg.
"This price..." Amu gasped.
This is outrageous. One batch of 100 kilograms of jadeite was issued as 1000 million shares at 50 yuan per share, which is equivalent to 5 million yuan and 5000 yuan per gram.
"Are you crazy? Are the raw materials really that expensive?"
The raw materials corresponding to the stocks can all be found at the appraisal center. Amu took one look and felt it was worth it, as they were all high-quality seed jade.
This set is relatively expensive. For example, those two 500-kilogram sets cost around 1000 yuan per gram, since they are raw materials, not finished products.
There is a lot of waste in the raw materials.
The texture and flaws inside also greatly affect the value, especially for larger pieces, which are often a gamble; no one knows their actual value before they are cut open.
In comparison, the finished product is much more expensive.
Among the listed items is a bracelet with 25 stars, which is of the mutton fat jade grade and is worth over ten million based on the stock price.
It definitely wouldn't have sold for this price before.
After the financialization of seed jade, its price has soared, exceeding that of previous years and beginning to influence the price of high-end jadeite.
"Shall we buy some and try it out?"
After thinking for a while, Amu took out 20,000 yuan and invested it in various ways. He soon discovered that there were many people entering the market and that there was capital to buy up goods.
Without further hesitation, Amu bought another 50,000 yuan worth of goods.
The stocks issued now are like initial public offering (IPO) shares, and there are bound to be many people rushing to buy them. Chen Lao Er even had Xinghuo Investment buy a portion of the shares.
"The response is pretty good!" Chen Yanyin stared at the backstage area, her eyes slightly narrowed.
From the very beginning, I wasn't worried about not being able to sell them.
Jadeite has already become a financial and safe-haven asset, and there are many people who want to acquire it. After it is denominated, its liquidity will be even stronger.
Chen Yanyin didn't know how big the betting market would ultimately become, but it wouldn't be too bad.
"Fourth brother, I bought 30 million worth."
Ye Ling sat down and casually placed her jade-like feet on Lao Si's lap: "If you don't make me any money, don't blame me for dealing with you."
Chen Yanyin patted her delicate foot: "Get out of here. I only made a little commission from you, and you expect to make a profit without any risk? There's no such thing as a free lunch."
"That's none of my business."
Ye Ling withdrew her foot and said sarcastically, "It's still small now, but once it grows bigger, the price will definitely double."
Chen Yanyin said irritably, "You really dare to think that way."
Ye Ling laughed and said, "I learned it from your second brother. Xinghuo Investment threw in 200 million yuan. I hope it doesn't become a game played by our own people."
"It's not that bad." Chen Yanyin shook her head slightly.
He stretched and said, "There is a lot of capital coming in from Hong Kong, including Hang Seng Bank, which is optimistic about the seed jade stock market."
Ye Ling rolled her eyes: "Isn't Hang Seng Bank one of our own?"
"What do you mean 'own'? Hang Seng Bank is a listed company with many shareholders. Although our family is a major shareholder, we don't have decision-making power."
Ye Ling did not refute this.
Hang Seng Bank has a board of directors, but currently the family still has the final say because the father-in-law and husband are both very powerful.
The outcome will be different if your own business declines one day.
However, the family rarely gets involved in banking matters. They have too many businesses, and the wholly-owned subsidiaries are too busy to manage their investments.
The purpose of investing in businesses is to make money.
Many people continue to hold shares if they are optimistic about the future, and sell shares if they are not. This has been the case many times since the beginning of the new century.
With the rise of the internet industry, I have invested in countless internet companies, and in many cases, I sold my shares after holding them for a period of time.
Some of them collapsed before they could even be sold.
After Ye Ling married into the family, she rarely concerned herself with these matters; they were all men's business, and she was busy enough with her own affairs.
Luoshen is no small business.
As a top global skincare brand, not to mention the four anti-aging programs below, they would be working themselves to the bone if they didn't have a rotating president system.
After managing the system for a long time, Ye Ling truly appreciated its benefits.
It can free you from tedious tasks.
After leaving the fourth brother's house, Ye Ling returned to the backyard of the Chen family. The children were all there, making a racket and disturbing the peace.
Ye Ling moved a stool and sat down.
Watching the children play, she slightly raised the corners of her mouth. The children were also feeling cooped up, and despite being vaccinated, they weren't allowed to go out much.
They can only cause trouble at home.
The advantage of having a large place and many children is that they won't get too bored staying at home, unlike only children who can't find playmates of the same age.
This generation is also amazing.
Experiencing a biological warfare at such a young age, I wonder what they will think when they grow up. The younger children will probably forget it altogether.
Thinking of this, Ye Ling suddenly sighed.
The biological warfare is not over yet, the economic conflict is already very obvious, and there is a trend toward hot war. Russia and Ukraine, the second largest economy, have begun to confront each other, and a conflict could break out at any time.
My father-in-law's judgment was spot on!
Ye Ling was very curious about how her father-in-law could see so far ahead. As early as 2017, he had seen what would happen in the future and told her husband to sell the farm located in Wu Lao Er.
Just then, her husband walked in, and Ye Ling quickly called out to him, "Chen Lao Er, it seems like war might really break out on the Russian side. How can Dad be so far ahead?"
"Who knows?" Old Chen was also curious.
Seeing his wife's displeased glare, he explained, "Many things have clues, but some people can see them at a glance."
Ultimately, it comes down to the international situation.
"The benefits of a Russia-EU integration are simply too great. Europe has technology and industry, and Russia has energy. If they really come together, they will become the world's pole."
"More terrifying than the former Soviet Union."
"If Russia and Europe are united, what role will the US, the big boss, have in Europe? The US certainly won't want that, so the best solution is to let them fight each other."
"The benefits of fighting would be huge."
"We would also like to see this happen. As long as the two sides fight, it will cut off Russia's path to leaning towards Europe and the United States, and our strategic space will be much larger."
"It would be best to let them fight a protracted war."
“Our dad must have seen these things before he started planning ahead. Anyway, his predictions are usually accurate and he’s never made a mistake.”
At this point, Chen Lao Er laughed: "Our family has stockpiled so much gold that it's like hairs on a cow. Once they start their attack, the price of gold could potentially double again."
"Gold, are you selling it?" Ye Ling asked, pursing her lips.
Chen Lao Er choked, saying that selling it would increase the price, while keeping it in his hands would just make it like gold, nothing more. The gold in his house was all for reserves.
Of course, some of them will also be sold.
After 2017, my father said that he would stockpile another batch of gold, and that Tianhe Agricultural Group also used the money from selling land to buy gold, all of which would be sold.
The profit was considerable. Chen Lao Er decided to sell domestically and convert all his money into "yuan". As for US dollars, he wasn't very interested; he had more than he could spend.
According to the father's prediction, fighting will break out in many places, the weakness of the US will be fully exposed, and the US dollar will decline sooner or later.
The couple chatted for a while, then fell silent, watching the children play.
There are quite a few mischievous monkeys.
The fourth brother's little girl was also there. She was so small, but when she got crazy, she was just like the fifth brother when he was little, completely opposite to the fourth brother's personality.
My older sister's little scatterbrain is still the cutest.
Her dazed look is adorable to everyone, and the fourth child is quite envious, clamoring to have another one like her, and has been preparing for a second child for a long time.
Unfortunately, a biological war broke out.
It wasn't a good time to have a child, so the fourth child decided to postpone it until after the biological warfare was over, as one daughter wasn't enough.
My family has never encouraged having only one child.
It's more lively when there are many children.
For their generation, with five siblings, there's always someone to discuss things with, so if anything happens, they don't have to shoulder the burden alone.
The fourth brother liked this the most.
If you need something or want to do something, ask your older brothers and sisters first. If that doesn't work, there's always your younger brother to fill the gap.
Chen Laosi is currently scrolling through Douyin (TikTok).
My own account's comment section is very lively, with everyone talking about the stock market for jadeite.
"They really pulled off a big heist."
"I never dared to dream of buying jade pebbles before, I simply couldn't afford them. Who would have thought that I would now own shares in mutton fat jade pebbles?"
"My buddy is someone who can afford top-quality jadeite."
"I missed out on getting any initial public offering (IPO) shares, and now that I'm trying to buy some, the price has gone up. Is this some kind of 'realistic' thing? Raising the price right after listing? This is ridiculous."
"I heard that some capital has entered the market."
"The higher the quality of the material, the more significant the price increase. Many people on Douyin have already posted messages saying they've bought up all the shares of seed jade and are going to Beijing to pick them up."
……
Picking up the goods is real!
Good materials are hard to find, so Chen Yanyin deliberately released some to make them available for grabs. Those who play the financial game certainly won't cash out, but it's different for casual players.
Good things are most valuable when held in your own hands.
Chen Yanyin used to do the same thing; she would buy any good jade or jewelry she came across. Now, her collection of jade and emeralds is unique in the world.
Everything is because I like it.
Chen Yanyin was still annoyed that someone wanted to pick up the goods so quickly, and lightly slapped herself: "I should have kept some stocks."
"But it's good that someone is withdrawing cash. Isn't the reputation of the jade stock market tied to the jade itself?"
Just as I was about to give up, Zhang Xiaoqin called.
People from the Beijing Jade Factory were coming, so Chen Yanyin rushed to the 19th floor of Xinghuo No. 2 Building without stopping, where a lot of people had arrived.
Xiang Chunming was the one who led the way.
They brought a batch of raw jade stones and ten jade carvings, all works by master craftsmen from Beijing jade factories, which are as important as national treasures.
"Mr. Xiang, thank you for your support!"
"Ms. Chen, you're too kind. It's mutually beneficial. Just like you said, even the best treasures are just lifeless if they're left unused. It's better to let the market assess their value."
"I certainly won't let President Xiang down."
Chen Yanyin nodded slightly, her gaze falling on the raw jade stones: "President Xiang, how much raw material did you bring in total? Should we list it all at once, or split it up?"
"One ton, just one share!"
"What about the price?"
"Let's discuss it." President Xiang didn't offer a price quote, and even if he did, it wouldn't matter; everything needs to be evaluated.
Chen Yanyin was very satisfied with this.
Xiang Chunming was very thorough in his work. Before coming here, the raw materials had been appraised at Chen Laosi's Data Appraisal Center, and he brought the certificates and documents.
Based on the certificate, the two parties began negotiating the price.
After finalizing the details, they appraised the ten masterpieces, discussed suitable prices, and determined the share price and quantity to be issued.
"Mr. Xiang, it's a pleasure doing business with you!"
Xiang Chunming gave Chen Yanyin's outstretched hand a light squeeze before letting go: "Ms. Chen, it's been a pleasure doing business with you. I'll need your help with the upcoming promotions."
Before going public, there will definitely be a need for publicity.
Xiang Chunming has already produced a promotional video, which he will definitely hype up to drive up the price. Chen Yanyin will also cooperate appropriately.
After seeing Xiang Chunming off, Chen Yanyin began filming videos. After filming each item, she added voiceovers based on the materials Xiang Chunming had sent her.
By the time I finished all that, it was already the next day.
Chen Yanyin uploaded the finished video, which caused quite a stir in the financial market.
One ton of raw materials yields ten national treasure-level works.
It's not a small amount.
The video clearly shows that the raw materials on the market are of very high quality. The promotional video produced by the Beijing Jade Factory is even more detailed, showing that they are all top-grade materials.
With such material, costing several thousand per gram and amounting to a ton, how much capital could it attract?
As for master-level works, they are all large decorative pieces. The materials used are already large, and with the added benefit of master-level craftsmanship, the price will not be cheap.
"Grab it! We must grab it!"
When a company first goes public, it's considered an initial public offering (IPO) stock.
The batch of stocks that went public earlier have all seen significant price increases, and some people have already made money. Now that another batch is going public, many people are ready to invest their money.
Many people are also eyeing the works of masters.
Little do people know that the real pitfall is the claim of "master craftsmanship." The most valuable aspect of Hetian jade is always the material itself, not the craftsmanship of the master.
When the economy is good, master craftsmen are valuable.
People have money in their pockets and are willing to pay for "craftsmanship," just like when buying luxury goods, they are willing to pay for brand value.
If the economy declines, the Master Guild will be the first to collapse.
The process involves moisture.
They will be squeezed out immediately. Players like Hetian jade because they like the jade itself, not the craftsmanship of the master. Otherwise, why would a plain piece be valuable?
One bracelet, two buckles, and three pendants!
Whether it's jadeite or Hetian jade, the same applies. What kind of superb craftsmanship is needed to process these plain pieces? Only high-quality materials can be used to make them.
Those who buy Master Kong stock will definitely see its value appreciate when the economy is good, but once the economy declines, it will inevitably experience a sharp drop, even a shocking one.
Chen Yanyin has always adhered to one principle regarding these things: appreciation is fine, but paying for them is not.
Wouldn't it be better to buy more materials for the same amount of money?
"Xiaoqin, you're about to make a scene."
The bulk raw materials from the Beijing Jade Factory were about to be listed on the stock market, and Chen Yanyin wanted to make a big splash by staging a bell-ringing ceremony, just like the real stock market.
Publicity efforts still need to be done properly.
In addition, there is good news: the jade factories in Shanghai, Xinjiang, Suzhou and Yangzhou that we visited earlier have made a decision to launch a batch of their products.
In addition, there are official mines!
(End of this chapter)
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