NOVPUB
Chapter 1426: Chapter 1272: The Embryo of the Finance Center_2
Even the Special District Government
has a budget for finance.
The Myanmar Bank Group can’t possibly cover all the bills for every construction project without limits; if Su Yu wants to secure his position, he shouldn’t focus on expanding Xin’an City to rake in more money, but on balancing regional economy.
Cashier.
Yu Tao is chatting with an acquaintance from the domestic region who just arrived today; a fellow from Kunming known for a decade. Despite being busy, he still paused his tasks.
By rights,
He’s the boss.
Busy with what?
Exactly because he’s the boss, he stays busy. For customers, Yu Tao personally inquires whether they have any dissatisfaction with the taste, and he has even picked up some broken English for this purpose.
His English is terrible,
But he can generally understand descriptions of the flavors, telling those customers that next time, they can describe to the waiters what changes they’d like.
It’s also about seeing the good nature of the boss.
Many people think of this place when they want to eat.
Yu Tao’s efforts
have paid off, with a rapid increase in returning customers. He believes that treating business purely as business will never last long; in business, what’s sold is mutual trust.
"Xiao Tao, you’re doing pretty well, how much do you earn a month?" An envious, scrawny middle-aged man next to him said, unable to hide his disappointment in his eyes.
What is happiness?
Not just having a house and car.
But what you have that I don’t, otherwise, if everyone lives in large villas and you are the only one in a 200 square meter four-bedroom flat, even if it’s in the city center, you’d probably feel terrible inside.
He is now
in such a situation.
The disparity
is the root of jealousy.
"It’s alright, not much, just making a living." Yu Tao chuckled, this man is Huang Cheng, and he knows his personality well; he likes chatting around, seemingly enthusiastic, but between the lines,
there’s always a sense of superiority.
Luckily,
you get used to it.
"Don’t play dumb with me, with this customer traffic, you must be making at least a million or eight hundred thousand a year," Huang Cheng said admiringly.
"Hehe."
Yu Tao just chuckled.
If it were in the domestic region, this customer density could indeed make a million or eight hundred thousand a year, but seeing it with old mindsets here feels a bit powerless to rebut.
Not interesting.
Aside,
the two cashiers heard this,
and immediately sneered.
A million or eight hundred thousand? Their boss makes more than that in a month alone.
Huang Cheng continued, "Let me tell you, nowadays, the easiest way to make money is in the stock market. These past two years, I just need to look at the stock market for ten minutes each day, and spend the other time wandering around. Guess how much I’ve made?"
Yu Tao opened his mouth.
Speechless.
Previously,
when he used to run a small restaurant in the domestic region, this guy’s brother-in-law worked in the Industrial and Commercial Bureau and often visited his shop, always hinting at high-profile individuals, while he himself lived off his father’s few properties.
"How much?" Yu Tao said bitterly.
Such a dull topic.
Talking about money is so vulgar.
You should talk about dreams.
Huang Cheng stretched out a finger.
"This amount."
"Ten thousand?" Yu Tao intentionally guessed low.
"Hehe, a million. I’m telling you, nowadays, who knows how many people are investing in stocks, it’s continuously rising, if you enter now, you might get a BMW by next year."
Yu Tao: "..."
"Let’s do it, brother, it’ll definitely earn more than your restaurant," Huang Cheng encouraged.
"Eh, I think, let’s not, I’ve bought stocks here, and I don’t have any spare money for a short while," Yu Tao slightly shook his head, thinking of selling his shop? Only if he were crazy.
"There’s a stock market here?" Huang Cheng asked puzzled.
"It just opened today."
"Don’t tell me, what’s there to chase in a brand-new stock market,
you might lose your shirt," Huang Cheng grimaced.
"It shouldn’t."
"What do you mean it shouldn’t, let me tell you..."
Just when Huang Cheng wanted to continue advising,
"Ding Dong."
Suddenly,
Yu Tao’s mobile phone rang.
The sound of a text message.
He checked it, it was a message from Myanmar Securities Exchange--"Hello, your securities account ending with 8762 has completed cash settlement, cash balance: 2,974,000."
Yu Tao was stunned.
What does this mean?
In the morning, the cash balance was only eight hundred thousand RMB, right? That was the remaining subscription funds, since retail investors are allocated proportionally, a large amount of funds would definitely be returned.
Could it be?
Sold?
Initially.
It was also based on a customer’s suggestion that he spent a lot of money to buy it. Fortunately, he was doing business here and had a temporary residence permit to buy Myanmar stocks, unlike those patients, who couldn’t.
After buying.
He directly told the trader to sell when it reached 18 RMB.
Could it be.
Does this mean the transaction was completed?
"Congratulations, Mr. Yu, you set it at eighteen, now it’s eighteen point seven, it should have all been sold." At this moment, a familiar old man came to the cashier and smiled at Yu Tao.
"Thank you."
"You’re welcome, value will not be buried."
"What to do next?"
"Don’t speculate."
After saying this.
The old man turned and walked away.
Yu Tao was stunned for a moment, took a deep breath, and felt that the old man’s words had profound meaning. "Don’t speculate" meant he should not be dazzled by this harvest but should maintain an investment mindset.
"Who is this person?" Huang Cheng asked.
Yu Tao shook his head: "I don’t know."
"Eighteen point seven, what does that mean?" Huang Cheng asked again.
"Three days ago, the boss bought the stocks at six point six, and today it has risen to eighteen point seven," the female cashier nearby couldn’t ’listen anymore’, and in front of her boss, she filled him in.
"Three... three days ago?" Huang Cheng was stunned.
Three days.
That’s nearly double the profit!
"You talk too much," Yu Tao pretended to criticize.
Huang Cheng quickly asked, "How is it now?"
"Sold."
"Selling was good, maybe it will fall tomorrow, how much did you buy?"
"Not much, eight hundred thousand."
"Eight hundred thousand, bought at six point six and sold at eighteen, that’s over two million, in three days?" Huang Cheng was shocked and quickly calculated Yu Tao’s approximate earnings in his mind.
"About that."
"..."
Huang Cheng was speechless.
Someone else made over two million RMB in three days.
And he’s someone who doesn’t really know how to trade stocks, and here I am, excited about a price limit. Well, it must be the novice’s law, the Huaxia stock market also has it, novice luck, too common.
"You should be cautious; it will definitely fall tomorrow." From experience, Huang Cheng judged that tomorrow there would be volatile consolidation.
"Maybe."
Yu Tao thought for a while.
He made a call to his agent, "Buy as much as you can of Myanmar Environmental Technology Company’s stocks if it’s below twenty-five." This time, Yu Tao prepared to follow the old man’s advice, not to speculate.
To invest.
Just let it be.
After all, this money was earned from here, and one or two million, for him, was not a huge amount anymore. The old man was right, value will eventually return, and he also trusted this company.
A company that monopolized a specific global industry.
The value is not low.
"You’re crazy, buying at twenty-five, don’t be impulsive." Huang Cheng was a bit excited.
"It doesn’t matter, this money is almost like found money, just take it as playing, the most important thing is to run the business well, the stock market, after all, is just an investment channel, I still prefer to run a restaurant."
"..."
...
In the following days.
Huang Cheng was dumbfounded.
Myanmar Environmental Technology Company’s stock price, from more than eighteen, continuously rose, and merely five days after the market opened, it broke through forty Asia Dollars. Yu Tao’s stocks, bought at an average of twenty-three, nearly doubled again.
In a week.
Four to five million incoming.
Huang Cheng was at a loss for words.
Now.
Let him buy.
He hesitated even more, fearing that this was a peak, and from now on, it would be a long-lasting downward fluctuation. In contrast, Yu Tao was quite calm, being a person with an annual income of tens of millions.
No need.
This increase.
Actually, it was the result of everyone joining in, many foreigners staying here, out of boredom, hearing that Myanmar stocks were available, those with some money and insight, did not hesitate to enter.
Since personal accounts for foreigners had not been opened temporarily.
These people.
All were buying through the names of various financial institutions indirectly driving the entire rise of Myanmar stocks. Watching all this, Tang Qing smiled, Xin’an City, a future destined to be a center of technology and finance in Myanmar.
Was advancing toward its mission.
Moving forward.
