The Rebirth of a Genius
Chapter 21 – Li Shiqiang excited

On the surface, these transactions yielded less than 400 RMB. However, many bonds are bought below market value. They actually get almost 10,000RMB.

Unfortunately, with so much money, these 10,000 RMB did not come as much of a surprise to Li Shiqiang. It is the result of two months of hard work and has used 200,000 RMB as capital. Worrying for hours on the train and getting less than 10,000 RMB is not really worth it. He preferred to collect and redeem those maturing bonds. There is more money, less tiring and also closer to home.

Not to mention, this trip required quite a large fee for the two of them. Li Shiqiang felt that they did not need to come anymore. If Feng Yu could obtain more foreign currency, it would be better. Foreign exchange is more profitable.

There were fewer people on the train when they got back. Feng Yu and Li Shiqiang sat on the bottom bed. In front of them were roasted chicken, peanuts, etc. but neither of them drank.

“Sister Li, let me ask you. When you acquire Treasury bonds from people, are most bonds, 5 RMB, and 10 RMB bonds? But Treasury bonds still have 50 RMB, 100 RMB, 500 RMB, 1000 RMB and 5,000 RMB. Why do you only receive five RMB and 10 RMB? ”Feng Yu asked while tearing up chicken legs.

“I'm not sure either. There seem to be fewer people willing to sell larger face value bonds. '' Li Shiqiang said as he tossed the beans into his mouth.

“You earn by running tasks. The five-year interest for a 10 RMB bond is 2 RMB. You give them 1 extra RMB and they will sell it to you because they are lazy in line at the bank. But for a 100 RMB bond, the interest is 20 RMB. Do you think they are still willing to sell you bonds and forget about the 10 RMB interest? "Ask Feng Yu.

“Then I can also get 1 RMB from him. For 100 RMB bonds, I can offer 119 RMB. "Li Shiqiang arguing.

Feng Yu shook his head, “This is capital binding you know? Cost, you understand? We should try to make full use of the money in our hands and let it circulate smoothly. For example, we can produce 1 RMB with 11 RMB and now you are trying to get 1 RMB with 119 RMB. It seems you have bought a large amount of bonds, but do you think our profits are going up? ”

Li Shiqiang scratched his head. It seems to be true. But according to what Feng Yu said, buying and selling bonds between these two places was also unreliable. Less than 400 RMB, he had to work hard and still had to take time off from work. That's not cost-effective.

Feng Yu was able to tell that Li Shiqiang had some doubts. He waved the paper with the bank's phone number and said: "Bing City will soon start trading bonds. When the city of Bing starts trading, you call these numbers and you will understand. ”

Once again, Feng Yu stood guard before midnight and Li Shiqiang took the second half of the night. When Feng Yu woke up, it was time to go down.

Feng Yu did not take the bus back to his school. Li Shiqiang let him hitch a free car ride with the post office and Feng Yu safely arrived at school before noon.

Back at school, Teacher Sun asked Feng Yu about his relatives. Feng Yu simply replied that his relatives had recovered and he returned.

The next few days, Feng Yu only attended classes. After class, she would remain at school and ask Li Na to help her study. He, instead, helped Li Na with the Russian language.

After one week, the city of Bing began allowing the trading of State Bonds. Li Shiqiang remembered what Feng Yu said and dialed the number of the Bank of China Shen city.

“Halo, what is the price of Treasury bonds now? How much did you say? ”Li Shiqiang's eyes were wide open and his breathing became fast.

He could not believe his ears and started calling out all the numbers on the paper.

The price has gone up a lot!

Now in the city of Shen, the price for a 100 RMB Treasury bond has become 100. 5 RMB. Just a few days and the price has gone up so much.

If he carries 200,000 RMB of Treasury bills there, he can make 1,000 RMB per trip. This business was much easier and faster compared to him obtaining a small-denomination treasury bond!

Li Shiqiang immediately took a leave of absence from the office and brought all the money to the nearby ICBC (China Industrial and Commercial Bank). At the counter, Li Shiqiang said loudly, “I'm here to buy Treasury bonds. I'll buy whatever you have! "

Li Shiqiang could not be bothered with the manager and said loudly, "Then I will buy all the government bonds worth 100,000 RMB!"

"What did you say?" The manager jumped in shock. He held a teacup and spilled hot tea into his hand but he could not feel anything.

“I said I wanted everything. "Li Shiqiang hit on the table and put his backpack on the table."

Everyone turned around and looked at Li Shiqiang. This guy took 100,000 RMB cash with him?

When Li Shiqiang took out ten bundles of RMB banknotes, everyone in the bank looked at him with mixed thoughts. Some are envious, some are envious and some are suspicious.

“Close that counter and help to count this cash. "Say that manager.

In this era, there were money-counting machines in banks but they were not very accurate. Thus, most banks still calculate manually.

A long queue is formed in front of another counter. At Li Shiqiang's counter, there were many bank staff who were busy counting cash. Even the branch manager remained there. He offered Li Shi Qiang a cigarette and lit it for him.

"Young man, what do you work for?" The branch manager smiled and asked.

Li Shiqiang looked at him warily, “I'm in the leather goods business. I have made money and want to support the country. That's why I bought these bonds. ”

To make money from leather goods, one had to go to South China. This young man must have just returned from the south. The branch manager looked at Li Shiqiang carefully and thought to himself: “This young man is really lucky. ”

To make money from leather goods, one had to go to South China. This young man must have just returned from the south. The branch manager looked at Li Shiqiang carefully and thought to himself: “This young man is really lucky. ”

10 Minutes later, the cash count is complete. Li Shiqiang also checked the Treasury bonds and kept them in his backpack.

He had brought 200,000 RMB with him. He only bought 100,000 RMB of bonds here. He needs to find another bank to buy more bonds.

He went to another bank and once again Li Shiqiang was the center of attraction and the object of jealousy and envy!

Li Shiqiang took the night train to Shen city alone. He remembered Feng Yu's instructions to get the top sleeping ticket, as it was harder to steal from the top bunk.

Although there were very few people on the carriage, Li Shiqiang tried to endure his sleepiness but in the middle of the night, he fell asleep.

He was shocked when the conductor woke him up. Seeing that his bag was still in his arm, he quickly checked the bag, He heaved a sigh of relief looking at his Treasury bonds.

As soon as Li Shiqiang sold all 200,000 RMB Treasury bonds, he bought some bread and rushed back to the train station. He'll be on the train back soon. It didn't stop for even a minute.

It was already night when he reached Bing city. At the train station, Li Shiqiang called Feng Yu at his school. After 10 minutes, Feng Yu called back. Li Shiqiang shouted happily, “Xiao Yu, 100 RMB to 100. 50 RMB. This trip I have gained almost 900 RMB. We're gonna be rich! ”

Feng Yu replied in a relaxed voice: “Quiet, Brother Li. It's just a small amount. In the future, more will come! "