Chapter 263: Blind Optimism
Chapter 263: Blind Optimism
A little after six o'clock in the evening, Zhou Wei and Li Huan took Huang Xiaochuan to Chunhua Restaurant for a banquet. It was rush hour, and the roads were completely congested with bicycles and an increasing number of motor vehicles.
The traffic police were directing traffic, whistling and sweating profusely. They were wearing new police uniforms with rank insignia on the collar. However, Huang Xiaochuan knew that this uniform would soon be phased out and replaced. In the 1990s, not only did the economy develop rapidly, but the uniforms of various government departments were also updated quickly, which indirectly showed that the government had money.
By the time Huang Xiaochuan arrived at Chunhua Restaurant, it was almost seven o'clock. When he entered the private room, almost everyone had already arrived. In addition to Ge Changli, there were four other people in the room, smoking and talking about stocks.
Upon seeing Huang Xiaochuan, Ge Changli immediately stood up to greet him.
It had been a while since they last met, and Ge Changli's image had completely changed. He was much more particular about his clothes and even had the latest mobile phone in his hand. This was definitely not something he bought with his salary; it seemed he had indeed made money from stock trading. Nevertheless, Huang Xiaochuan was quite happy for him.
"Xiao Chuan, you've finally arrived! Come, come, let me introduce you to some friends. They're all friends I met while trading stocks together."
Upon hearing this, Huang Xiaochuan politely nodded and smiled at the group.
These people also sized up Huang Xiaochuan. Seeing that he was young, they couldn't help but look down on him. Moreover, they disliked him even more because he arrived so late.
Ge Changli then pulled Huang Xiaochuan aside and introduced his friend: "This is Tan Yu, Boss Tan."
This was a middle-aged man with a slightly receding hairline, wearing a long-sleeved white Goldlion shirt and a tie with the Goldlion logo prominently displayed. A mobile phone was placed on the dining table in front of him, making it seem as if the words "rich man" were etched onto his face.
When Ge Changli introduced him, Boss Tan only nodded slightly, his attitude quite arrogant.
Huang Xiaochuan didn't mind and greeted him with a smile, "Hello, Boss Tan!"
Then Ge Changli continued to introduce Huang Xiaochuan: "This is Chen Binhong, Boss Chen."
A tall, thin middle-aged man smiled, revealing a set of large, blackened teeth.
"This is Fang Bojian, Boss Fang."
This was a middle-aged man with a physique comparable to that of Maitreya Buddha. He was prone to sweating and kept wiping his forehead with a handkerchief. He was dressed quite stylishly, wearing overalls and a long-sleeved t-shirt, and had a thin cigar in his hand.
"This is Meng Kun, Boss Meng."
A refined-looking intellectual nodded to Huang Xiaochuan.
Huang Xiaochuan greeted each of them in turn.
Ge Changli introduced Huang Xiaochuan to the group, saying, "This is my good brother, Huang Xiaochuan, a top student from the University of Finance and Economics, a promising young talent."
Upon learning that Huang Xiaochuan was still a college student, the group glanced at him a few more times, but that was all.
Seeing that most people had arrived, Ge Changli greeted everyone: "Manager Sun called me, saying he has something to do and can't get away. He said he'll be a little late and we shouldn't wait for him; he'll come over on his own later."
Huang Xiaochuan knew that being unable to get away meant running around to different venues, usually because of too many social engagements and an inability to be in two places at once. It seemed that this Manager Sun was quite capable.
Those people seemed to have gotten used to this situation.
After a round of pleasantries, the oldest member of the group, Tan Yu, was seated in the host's seat, leaving the seat of honor for Manager Sun, who had not yet arrived.
After the toasts and drinks, it was time for them to boast to each other. Huang Xiaochuan just listened without saying a word, watching them talk big.
From their conversation, Huang Xiaochuan learned that these people were a stock trading group, colloquially known as the "aircraft carrier," and they were among the earliest stock trading teams.
They would occasionally mention a man surnamed Ding, as if they were quite wary of him and had even suffered losses at his hands. However, they also wanted to get to know this big investor surnamed Ding, whom they called a stock market god.
Huang Xiaochuan wondered if they were talking about Ding Yi. But then he thought, maybe they just share the same surname?
Seeing that Huang Xiaochuan couldn't fit in with the group, Ge Changli worried that Huang Xiaochuan was being neglected, so he started chatting with him.
"Old Ge, are you trading stocks with these guys right now?"
"Yes! I knew I couldn't hide this from you."
"Pshaw! I was just guessing. These guys keep talking about stocks, I absolutely don't believe they don't trade stocks."
"Old Ge, let me tell you something: the risk of stocks increases as time goes on, so you should be aware of that."
Ge Changli said dismissively, "I know that! Securities companies have signs everywhere saying that investment involves risk and clients should be cautious. But then again, the greater the risk, the greater the return!"
Huang Xiaochuan immediately frowned, realizing something was wrong!
Ge Changli is already in deep trouble. He might lose everything he owns. Starting from the beginning of next year, the stock market will be in a bear market for several years. Investors like Ge Changli, who have no sense of risk, are still thinking of increasing their positions. If they get trapped, it will be a big problem. If it were someone else like Huang Xiaochuan, he could ignore it, but not Ge Changli.
Huang Xiaochuan immediately frowned, realizing something was wrong!
Ge Changli is already in deep trouble. He might lose everything he owns. Starting from the beginning of next year, the stock market will be in a bear market for several years. Investors like Ge Changli, who have no sense of risk, are still thinking of increasing their positions. If they get trapped, it will be a big problem. If it were someone else like Huang Xiaochuan, he could ignore it, but not Ge Changli.
However, there are outsiders here today, so I can only talk to him another day. But how to say it requires skill, otherwise it will be impossible to explain why Huang Xiaochuan was able to foresee the coming bear market.
Meanwhile, those few were speculating about the future trend of Shanghai stocks.
"I think the main reason for the current stock market slump is that there are too many new stocks going public, which has led to a shortage of funds in the market. Look at how many newly listed stocks rebounded strongly a few days ago. This shows that people in the market have not lost confidence; it's just that there isn't enough money to go around."
"Old Tan's analysis makes a lot of sense, and I think the same way. In fact, I think this money problem is easy to solve, but our stock market doesn't dare to do it yet. Look at the Hong Kong stock market, it can leverage. If the higher-ups agree to leverage, just watch, the Shanghai Composite Index will rise to 2000 points without any problem."
The other two chimed in, and Ge Changli also looked very interested, turning his head to listen attentively to what the others were saying.
Huang Xiaochuan continued to listen attentively, finding their analyses quite interesting and offering a different perspective on the current state of the stock market.
Through their conversation, Huang Xiaochuan analyzed that most people in the market are still blindly optimistic. The two heavy blows in June and August have not woken them up, which can only mean that their greed is at play.
Before long, the conversation shifted to the stock market guru surnamed Ding that they had been talking about.
"Why hasn't Manager Sun arrived yet?"
Do you think Sun Tong would be willing to introduce us to Ding, the stock market guru?
"Money makes the world go round. As long as that guy surnamed Sun agrees, we'll just give him the money. Who would turn down money?"
Sun Tong? Huang Xiaochuan seemed to vaguely recognize the name, but couldn't quite place it; he just felt like he'd heard it somewhere before.
Huang Xiaochuan was completely ignored by these people. He ate his food slowly and deliberately. They could talk and he could eat. It must be said that this local Shanghai cuisine was indeed authentic, and there were a few dishes that required a lot of effort to prepare. The chef was very skilled.
Just as Huang Xiaochuan was engrossed in eating, the door to the private room was pushed open.
"Dear bosses, I'm so sorry I'm late! Please forgive me!"
The man was stunned when he saw Huang Xiaochuan.
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