Lost and Spy

Chapter 1108 Fenghui Wool Spinning
People always have a bad habit of forgetting the pain when the scar is healed.

In 1921, the "letter exchange trend" in the Shanghai stock market brought the hype to its peak.

At that time, not to mention ordinary citizens, even Zhang Jingjiang, Chairman of the Committee, Chen Guofu and other revolutionary parties devoted themselves to it.

In the end, after this turmoil, only six exchanges in Shanghai's capital market, including securities and gold, survived. The formerly prosperous securities industry fell into a trough, and the public bond market quietly rose.

The downturn in the Shanghai stock market lasted until 1939. The public bond market plummeted due to the outbreak of the Anti-Japanese War. Almost simultaneously with it, the stock market quietly recovered in the Shanghai Concession.

And, it is about to enter a boom stage.

Another freaky and crazy stock market is taking shape.

The Shanghai Stock Exchange originally only traded government bonds, but after the war broke out, no one cared about the bonds, and the price fell badly.

As a result, [-] to [-] major manufacturers went public, and the three companies with the largest amount of stocks were Yongan Spinning Mill, Xinguang Underwear, and Meiya Textile Silk. Many stock speculators took these three companies as their targets.

Of course, the sudden revival of the Shanghai stock market during the isolated island period was related to the particularity of the concession, because at that time the Japanese army was unable to enter the concession due to the pressure from the British and American powers. Although the isolated island was isolated, its security was relatively guaranteed.

During this period, the major banks and exchanges in the concession continued to operate as usual, and with the expansion of the war, capital from the occupied areas and later capital from Nanyang and Hong Kong also entered;

Coupled with factors such as the Sino-Japanese arbitrage war and the intensified inflation of legal currency, the concession became the best "refuge" to escape the plunder of the Japanese invaders, and it also provided excellent conditions for speculative activities such as hoarding goods to preserve value.

The hot money flowing into the Shanghai Concession from all over the world has increased to more than 50 billion yuan. Driven by this surge of funds, the stock market, which has been neglected for a long time, ushered in a godsend opportunity for salted fish to turn around!
Fenghui Woolen Mill.

This is a very small wool spinning factory with only 24 workers. The chairman and general manager is Ren Pingde, a businessman who does his duty.

A wool spinning factory like this can't make a fortune after deducting miscellaneous taxes and various expenses every year before the war, but at least it can allow the whole family to live a well-off life.

That's not bad.

But after the war, the prices of various raw materials soared, and faced with severe market competition, life suddenly became sad.

Ren Pingde thought about selling the factory several times, but he couldn't find anyone to take it over.

In the morning, the workers' representative found Ren Pingde. He already owed the workers two months' salary. The workers are also human beings, and they also have to eat and support their families.

Ren Pingde accompanied the smiling face, and finally dismissed the workers' representatives.

But what about the days after that?

"Chairman, I have a guest to see you."

"Oh, please, please."

Ren Pingde said hastily.

Now, customers are like treasures in his eyes.

The ones who came in were a young man and a woman. The woman was tall and looked half a head taller than the man.

Once in, the two sides exchanged business cards.

The profile picture on the business card was "Zhu Yanfan, General Manager of Hong Kong Luke Co., Ltd."

"I wish the general manager, hello, hello."

Ren Pingde was full of enthusiasm and poured tea: "I don't know where I can help you?"

Although Zhu Yanfan was young, he did not show affection at all when he opened his mouth: "As the chairman, I am afraid that your factory will not be able to continue operating?"

Although what was said was the truth, how could anyone speak so bluntly?
Ren Pingde looked embarrassed: "I don't know where the general manager Zhu got the news? Although the factory is small, it is operating normally. Although it can't compare with those big factories, the business volume and payment can still be guaranteed. .”

Zhu Yanfan smiled: "Why bother? If you can't drive it, you can't drive it."

Ren Pingde's complexion changed slightly: "If the general manager is here to entertain people, I'm very busy and I really don't have time to socialize. I'm sorry."

"I'm not here to amuse you, but to discuss with you the acquisition of Fenghui Woolen Mill."

"what?"

One sentence made Ren Pingde startled: "You want to buy my wool spinning factory?"

"That's right." Zhu Yanfan nodded and said, "Your factory is not worth much. The machinery and equipment have been eliminated. At most, it can be worth [-] to [-] national currency. I will ask you to buy it for [-] national currency!"

Entering 1939, although the legal currency continued to depreciate compared with before the war, the credit of the entire system was still there and did not collapse.

In particular, the National Government's upcoming "Outline of Financial Consolidation Measures" is to curb inflationary impulses and curb currency issuance.

Moreover, after the implementation of the outline, it did have a good effect in the initial stage.

Such a good opportunity is in front of him, how could Ren Pingde refuse to accept it?But he is a businessman after all, and it would be good to raise the price by an extra dollar.

When I spoke, I was more polite: "I wish the general manager, although my wool spinning factory is a little small, but the workers are mature and have certain market competitiveness. Is your asking price a little less?"

"Thirty-nine thousand."

Zhu Yanfan said without batting an eyelid.

"No, I wish the general manager, this price is really low..."

"Thirty-eight thousand."

"How are you talking about business?"

"Thirty-seven thousand."

"Etc., etc."

Ren Pingde was really in a hurry: "The agreed [-] yuan."

Zhu Yanfan smiled: "In the afternoon, someone will come to handle the transfer procedures with you. Every plant, every screw, and a piece of cloth in this factory belong to me from now on. You can't take anything away."

"Hey, hey."

Ren Pingde knew that he had met his opponent: "General Manager Zhu, I won't hide it from you. I owe the workers in the factory two months' salary. The money..."

"It stands to reason that the wages you owe workers have nothing to do with me."

Zhu Yanfan said slowly: "However, I am in a good mood today. You go and tell the workers that the factory is about to change hands, and the new management will bear all the workers' wage arrears, and that the payment will be made as soon as the factory transfer is completed. You should inform the workers now. .My assistant will go with you."

"Yes Yes."

Ren Pingde exclaimed in his heart.

In this way, how can the workers not support the new management?It was like Zhu Yanfan didn't need to send any more people, but let the workers in the factory put him under surveillance.

It's impossible to take anything away.

The problem is, this factory is small, the machines are old and worthless, and there is nothing to take away?
"Wait." Zhu Yanfan stopped his tall and beautiful assistant: "You tell the workers again, they still go to work normally every day, there is only one job, cleaning the machine, cleaning, counting the survivors, I will not only pay the salary, but also All wages will be increased by [-]%."

"Yes."

The tall beauty replied blankly.

Ren Pingde was even more confused.

What is this for?

Isn't it enough to let the workers wait every day to get their money?

I really can't figure out the thoughts of these rich people!
(End of this chapter)