A century-old wealthy family that rose from Shanghai

Chapter 174: Laying a Mine
Thursday, June 1930, 1.

Early in the morning, Chen Guangliang came to the Changjiang Money House for a meeting, so Yan Zhiduo naturally did not have to attend.

Sitting in the conference room, Chen Guangliang issued an order: "From today on, Changjiang Bank will start buying more, and strive to buy 100 million yuan a day."

During the five trading days following New Year's Day, the Yangtze River Bank disappeared after a brazen "short sale of 250" on the first trading day. Of course, the Yangtze River Bank had secretly purchased million yuan through the Yan family's bank.

Under this operating situation, many gold-standard traders also began to short sell; coupled with the biggest "short seller" Cheng Linsheng, the gold-standard price in the Shanghai Stock Exchange has actually fallen to 412.60.

After all, the so-called "Great Depression" has not really arrived yet, and even if there is a "Great Depression", it will come gradually; how many people in the "bid gold" bureau can make their own judgments!

Of course, the gold markets in New York, London and Paris are important references for everyone.

But it was during these five trading days that the three major overseas gold markets did not fluctuate much. They rose and then fell, and finally the increase was extremely small.

Upon hearing this, Hu Jinshun immediately understood and said, "We plan to change traders today. This will definitely catch many people off guard and delay our exposure."

Chen Guangliang said, "Well, it would be better if it could be done without anyone noticing. This depends on your skills as traders. Come up with some tips."

Hu Jinshun nodded and said, "With you, Boss, in control of the overall situation, we're guaranteed to win. Taking good care of the details can save some costs, and that's something our trading department should consider."

He now understood his boss's thoughts. He must have been long. After all, he had read his boss's articles. If there really was a global economic depression, would the gold price rise to 500?

Combined with what the boss usually says, this is indeed a possibility!
Finally, Chen Guangliang picked up a piece of paper and said, "Last year's (1929) dividend plan has been released. I agreed to a 3% profit distribution plan. Last year, our futures profit was 51 yuan, and our spot profit was 2.5 yuan. Ultimately, the company decided to distribute 1.6 yuan in dividends. The specific distribution amounts will be determined according to this form. Once I sign, it will take effect."

Then he signed his name readily.

The staff in the conference room immediately showed their delight. The company had only been established for a few months, and yet the boss was so generous that he gave out so much money in dividends at one time.

Hu Jinshun was the first to see the dividend list. After all, this dividend list was made by Wu Xinhe, so Wu Xinhe didn't need to look at it.

"Boss, Manager Wu's name isn't on this?"

He knew that Wu Xinhe was the boss's real confidant. After all, he had only joined the boss in the second half of last year, although he was introduced by his former employer.

"He received dividends from Changjiang Real Estate this year"

Wu Xinhe smiled and nodded. He had already received a share of the money from Changjiang Real Estate, a whopping 5500 yuan, equivalent to the cost of a floor. So, it was definitely higher than here, after all, there were 13 yuan shared by 16000 people.

After the morning meeting, everyone went to their respective posts. The "Trading Department" headed by Hu Jinshun went to the Shanghai Gold Exchange, and the "Finance Department" headed by Wu Xinhe stayed in the company. The two sides kept in touch by phone (the exchange had a telephone line for every member). Chen Guangliang only had to inquire about the trading situation every morning and afternoon, and occasionally went to the exchange to watch the game.

Several days passed quickly and a new week began.

On the third day after Changjiang Money House started to make large purchases at the Shanghai Gold Exchange, someone finally discovered the situation and many people started to follow suit and go long.

At this time, the person who discovered the clue did not say anything, and it was obvious that he also wanted to get rich together.

But as the Yangtze River Bank became more active, some gold speculators in the market finally realized that it was a good trick of "making a feint to the east and attacking in the west." At first, they pretended to sell short, but in fact they were reducing costs and absorbing enough cheap chips.

"How cunning! It seems that the Changjiang Bank is still bullish. Maybe they have already secretly absorbed enough chips!"

"Yes, the world economy is in a depression, so gold prices are bound to rise by dozens of times. That's why many people are going to lose money if they short sell this month!"

"Not necessarily. Cheng Lin is incredibly wealthy and has even threatened to take control of the Shanghai gold market. It looks like this will be another fierce battle."

"Hush, keep your voice down. Do you believe that rich second-generation Cheng Linsheng? He has too much money and nowhere to spend it, so he messes around. He had no rivals before, but now he has rivals!"

In fact, there are both bullish and bearish people in the market, and there are always two camps.

Of course, when the bullish force is greater, the market will naturally rise. If it is obviously "big", then it will naturally surge.

at this time.

Wu Guizhen informed Cheng Linsheng of the situation and said, "Boss, the market is going up now. Why don't we wait until Chen Guangliang finishes trading his chips before we start selling short? This will prevent us from running out of chips at the last minute like last time, and letting the Changjiang Bank take advantage of us for nothing."

Cheng Linsheng thought about it and said, "Okay, stop the transaction temporarily to avoid creating opportunities for Chen Guangliang."

From beginning to end, Cheng Linsheng overlooked two things:

First, he has always been bearish on the Shanghai Gold Index market and believes that gold will fall.

Second, he ignored the power of public opinion.

Therefore, he was destined to pay for his arrogance.

On the other hand, Kong Xiangxi took a break from his busy schedule and returned to his villa in Shanghai.

Although the government is in Nanjing, the actual national industry and commerce are centered on the Shanghai Stock Exchange. The Nanjing government's intention is also very clear: to control the business and finance of Shanghai, and thus control the business and finance of the whole country.

So although Kong Xiangxi usually worked in Nanjing, he actually came to Shanghai quite a lot of the time.

Tonight, Kong Xiangxi and Miss Song received Shi Jinsheng, the "old minister" who managed their business in Shanghai.

"How is the gold market? Has it risen?" Kong Xiangxi asked with a unhappy expression.

Originally, he had intended to join Chen Guangliang in going long on the gold market, but Changjiang Bank had initially started shorting. Shi Jinsheng and he felt something was amiss. If both Chen Guangliang and Cheng Linsheng were shorting, one with public opinion influence and the other with deep pockets, they might lose money if they went long, so they stopped buying.

Shi Jinsheng quickly said, "It's gone up dramatically. Yesterday's closing price was already 420. It turns out Chen Guangliang was deliberately short-selling to create a false impression, then secretly absorbing the bid price. By the time everyone realized what was happening, he had already absorbed enough chips and was waiting for the bid price to appreciate. I was a little quick to react, and now I've absorbed almost 100 million in bid price, so I'm making a small profit."

Kong Xiangxi immediately became annoyed, thinking that everyone had been tricked by Chen Guangliang.

Miss Song said, "This Chen Guangliang thinks too highly of himself. He's not going to help us get rich. Xiangxi, why don't you teach him a lesson? Make him buy government bonds, and in disguise, make him lose money."

Wow, that’s so cruel!
After hearing this, Kong Xiangxi said, "Of course he wants to buy government bonds, but Nanjing didn't bring it up right away because of his influence in the newspaper industry. But your brother is in charge of the government bonds, as you know."

After saying this, he showed an embarrassed look.

It's very simple. Song Ziwen has a very high opinion of himself and looks down on his "local rich" brother-in-law.

In fact, Kong Xiangxi was also a top student studying abroad, but he was also a "local rich man from Shanxi."

The eldest sister of the Song family said, "I will take care of this matter. It is a matter for the country after all. He should be obliged to do so."

Good boy, they are making things difficult for Chen Guangliang!
Of course, there is no way around this. Now everyone knows that Chen Guangliang has made a lot of money in real estate, so it is impossible not to buy this government bond.

It’s just the difference between buying early and buying late.

Kong Xiangxi hesitated for a moment and said, "But if they know that we are behind this, be careful that Chen Guangliang will deal with us in the gold market."

When Sister Song heard this, she immediately fell silent.

"So, you don't have to work hard. With Ziwen's personality, he will make Chen Guangliang work hard. If I were the Minister of Finance, I would do the same." At this time, Kong Xiangxi naturally wanted to be the Minister of Finance, not the Minister of Industry and Commerce.

"Too"

Next, let’s get back to the topic.

Kong Xiangxi urged Shi Jinsheng, "Keep buying more and don't worry anymore!"

It is naturally not cost-effective to increase his costs just because of hesitation.

"Okay, I understand!"

As Changjiang Money House gradually absorbed the gold futures, Chen Guangliang no longer needed to pay too much attention to it.

He doesn't need to watch it every day. After all, he is speculating on the "general trend". After buying futures, he only needs to wait for the delivery date. During this period, he does not need to sell "T" or short sell.

And after his trick this time, I believe it will be difficult for him to deceive people again. Of course, the most important thing is that the Shanghai Gold Exchange has a huge capacity and it is not something that can be controlled by a single person.

Cheng Linsheng is overly optimistic, so he is easily targeted by many people and is destined to go bankrupt.

Although Chen Guangliang was "influenced" once, it was actually the result of "public opinion", and this "public opinion" was based on facts, not groundless.

In short, Chen Guangliang's subsequent speculation in gold futures is actually equivalent to speculation in gold spot, except that his capital is magnified.

To put it simply, it is just adding "leverage", and the rest is almost the same as spot trading!
On this day, the Tianchan Stage reopened on Fuzhou Road with more than 3,400 seats. Famous actors from the north and south would take turns performing their best plays here, making it one of the four famous stages in Shanghai.

On the day that Tianchan Ballroom opened, Gu Zhuxuan also sent an invitation to Chen Guangliang. Although the two had some "clashes" in private, they were at least still friends on the surface.

Chen Guangliang arrived at the scene and bowed to Gu Zhuxuan, "Congratulations, Mr. Gu, for reopening the Tianchan Stage on an even larger scale than before."

Gu Zhuxuan then smiled and said, "The reopening of Tianchan Stage is also due to your contribution."

Immediately afterwards, Gu Zhuxuan boasted in front of Du Yuesheng, Huang Jinrong, Zhang Xiaolin, Yu Qiaqing, Huang Chujiu and others about how Chen Guangliang had worked for him, including doing real estate business and acquiring land for him.

This made Chen Guangliang secretly resentful: "Gu Zhuxuan, you are so good, you actually stepped on him to elevate yourself!"

This is so obvious!

Today, Chen Guangliang's status and position are considered to be on par with Du Yuesheng, Yu Qiaqing and others, mainly because he owns the "Oriental Daily News" and has influence in real estate and industry.

Especially as the founder and spiritual leader of the Oriental Daily, he can be said to be a true "powerful figure" in Shanghai.

After all, in the past, someone ranked Du Yuesheng and Shi Liangcai as the two most powerful people in Shanghai. Shi Liangcai controlled the Shenbao newspaper and was a major shareholder of the Xinwenbao, and was known as "a million readers and a million soldiers."

Although the sales of Oriental Daily News are not as good as Shenbao, it is not bad either. Not to mention, Chen Guangliang's pioneering "innovative measures" in the real estate field have changed the landscape of Shanghai real estate.
In particular, Chen Guangliang's influence in the Oriental Daily News is basically that of a spiritual leader. The editors and reporters were all "trained" by him, and the style was established by him.

Seeing Gu Zhuxuan behaving like this, Chen Guangliang still maintained his composure.

He has always been like this, saying one thing on the outside and another on the inside.

It was at this time that Du Yuesheng stepped forward and said, "Brother Zhuxuan, what you said is outdated. Guangliang is now even better than his predecessor. Besides, Guangliang is not a member of our Qing Gang."

Gu Zhuxuan was indeed a little "forgetful" at this time. He called himself one of the "Four Tycoons", but in fact he was trying to curry favor with the "Three Tycoons".

After hearing what Du Yuesheng said, he said with a little embarrassment: "That's right, I forgot that Guangliang is no longer the same Guangliang as before!"

Chen Guangliang bowed modestly and said, "No, Mr. Gu really took good care of me back then!"

Upon hearing this, Gu Zhuxuan immediately laughed out loud and said, "I told you, Guangliang is not someone who forgets his roots!"

Du Yuesheng frowned slightly, Yu Qiaqing deliberately ignored the gang affairs, Huang Jinrong and Huang Chujiu watched the excitement, and Zhang Xiaolin looked contemptuous.
Chen Guangliang just smiled in response.

In fact, for him, Gu Zhuxuan had never helped him in any way. Taking commissions was not legal in the first place, and Chen Guangliang also used his own abilities to get the result of being exempt from taking commissions.

On the contrary, although Chen Guangliang helped Gu Zhuxuan make so much money (land speculation), he has not yet expressed anything about the subsequent commission.

Later, when arranging the seats, Gu Zhuxuan again, whether intentionally or unintentionally, arranged Chen Guangliang at the "non-main table".

Du Yuesheng stepped forward again and said, "How can Guangliang sit over there? He should sit with us!"

Originally, Chen Guangliang didn't care. After all, he knew that Gu Zhuxuan was trying to embarrass him on purpose today.

However, Chen Guangliang never cared about this kind of harm that had no substantial consequences. At most, he would find an opportunity to deal with the person afterwards.

Gu Zhuxuan, knowing he couldn't afford to offend Du Yuesheng, deliberately said, "These men are really unreliable in their work. Hurry up and give Guangliang an extra chair so he can sit at the same table with us."

This meal was so awkward that Chen Guangliang looked down upon Gu Zhuxuan.

After dinner, we went to see a play together, a series of plays by the "Peking Opera Master" Zhou Xinfang.

When passing by Tang Jiapeng, Chen Guangliang deliberately whispered, "Mr. Tang, why didn't I see you sit down just now?"

Tang Jiapeng blushed, and he immediately wished he could find a crack in the wall to crawl into. He said in a low voice, "Someone has to maintain order at the scene. Don't bother Boss Chen with any worries!"

It turned out that Gu Zhuxuan had intentionally arranged Chen Guangliang to sit at a 'non-main table'; in addition, he had also, whether intentionally or unintentionally, neglected his general Tang Jiapeng.

Chen Guangliang chuckled again and said, "Really? Actually, there's one more thing. I'm quite envious of Mr. Tang. Zhou Xinggao and I almost married Mr. Gu's cousin, but maybe Mr. Gu thought Mr. Tang was better than us, so we've always been envious of him."

Tang Jiapeng opened his eyes wide in anger, then quickly hid them and said, "This is all fate."

How could he not understand that Gu Zhuxuan married his cousin who was unwanted by others?

What a shame!

He was trampled on twice in one day, and the person who trampled him was his current boss, Gu Zhuxuan.

At this moment, Tang Jiapeng's dissatisfaction with Gu Zhuxuan had already spread in his heart.

At this time, Tang Jiapeng was also a "capable man" in the Qing Gang, so he naturally had no shortage of "new masters". During this period, he set his sights on Huang Jinrong. After all, this Qing Gang boss, even his current boss, had to curry favor with him.

On the other side, Chen Guangliang had already taken his seat, enjoying the performance of Peking Opera master Zhou Xinfang.

However, he had no particular liking for drama, so he was thinking about some things in his mind.

What he said to Tang Jiapeng today was enough to make Tang Jiapeng betray Gu Zhuxuan. Of course, Chen Guangliang definitely did not want to recruit such a person, he just wanted to push Tang Jiapeng to the other "three tycoons".

Moreover, Du Yuesheng generally would not want people like Tang Jiapeng, so it is most likely that Huang Jinrong took him in.

(End of this chapter)