Chapter 502 I haven’t gotten in the car yet
After checking information all night, Qian Xiwen's eyes were bloodshot, but his spirit was extremely excited!

verified.

Jiahe had long suspected that there was something unusual about Asan's agricultural explosion and had made preparations for it.

what can I do?
It was pitch black outside the window. As a migrant worker in Shanghai, Qian Xiwen still felt insecure even though there was a balance of nearly two million in his stock account.

In this international metropolis, two million yuan is not enough to buy a house. You can only pay part of the down payment and then take out a heavy loan. It will be difficult to recover in decades.

However, now he felt that there was an opportunity before him.

If you seize the opportunity, your wealth can be greatly increased again.

If you miss it, you may regret it for the rest of your life.

But how to do it?

Sell ​​Jahwa shares? He was very reluctant to do so. Jahwa was a high-quality stock. Although it had risen seven or eight times, he felt it still had great potential.

Selling it may not be worth it.

Borrow money from someone? Who should he borrow from? He was used to being alone, had no habit of borrowing money, and didn't want people around him to know that he was speculating in stocks.

After sitting in front of the computer and thinking for most of the night, Qian Xiwen finally made up his mind: to pledge the Jahwa shares he held off-market.

Then use this opportunity to buy a few stocks that you like.

What are the risks you need to take? Eventually your account will be liquidated, and your wealth will be greatly reduced or even reduced to zero!

But after reading the Jiahe official website and the comments about Asan Agriculture on the Internet, Qian Xiwen asked for sick leave from his boss after daybreak and eventually showed up in the bank's lobby.

"Hello, I want to apply for a stock pledge loan."

Qian Xiwen expressed his wishes succinctly. Last night he had screened which banks allowed individuals to apply for loans by pledging stocks.

The first bank selected has the highest probability of success.

Zhu Yanni, a well-dressed bank counter clerk, took a look at the man in front of her. He was wearing a thick down jacket, his hair was messy and curled up, his eyes were bloodshot, and he looked like a gambler who was addicted.

But her professionalism only made her ask expressionlessly: "Did you bring the materials? How much do you want to borrow? What is the purpose of the loan?"

Qian Xiwen said: "I have brought the materials with me. I plan to borrow 120 million yuan. If I can get more, it would be better. I plan to use it for investment."

Zhu Yanni was stunned for a moment, then said in surprise: "The amount is not small. We need to carefully evaluate your collateral and credit. Let me see the materials first."

Qian Xiwen handed in the prepared stock account information, loan purpose explanation, identity proof and other materials.

Zhu Yanni didn't look at anything else and went straight to the stock account information.

When it comes to stock pledge loans, the first thing the bank looks at is the composition of the stocks held. If they are small-cap stocks or ST stocks, or if it is a personal loan, the bank will not even look at it.

But when Zhu Yanni saw Qian Xiwen's shareholding information, her pupils widened slightly and her mouth opened slightly.

Qian Xiwen’s stock account information is simple and clear, with only one stock: Modou Jahwa, with a market value of 198 million.

Jahwa has been a star stock in the A-share market in the past two years. Zhu Yanni, who works in the financial industry in Shanghai, is well aware of the value of Jahwa, and she herself is also a loyal customer of Jahwa.

And Jahwa is far from reaching its ceiling.

In other words, banks sometimes even hope that the pledger cannot repay the loan and then take the Jiahua shares for themselves.

Zhu Yanni looked up, her face changed, and the smile from the heart made people feel like spring breeze.

"Mr. Qian, I took a preliminary look and the information you provided initially meets our requirements, but further evaluation is required."

Qian Xiwen nodded and said, "Please hurry up. I need the money. I will borrow from whichever bank lends the money the fastest."

Zhu Yanni's expression changed and she said, "Okay, Mr. Qian, please move to the VIP customer room. Someone will serve you."

Qian Xiwen spent the whole day running around various banks and witnessed the changes in the expressions of the counter clerks.

In addition, Jahwa’s stock is of truly high quality.

Basically, every time he went to a bank, as long as he showed the Jahwa shares he held in his account, the bank manager would welcome him with a smile.

His first reaction was that Jahwa's potential was indeed very high and was generally favored by the Shanghai financial system, which also strengthened his confidence in the pledge.

The next day, Qian Xiwen returned to the company to work as usual. His supervisor also asked about his condition, but others still treated him as a nobody.

He was originally engaged in technical work and did not communicate much with his colleagues.

Two days later, the bank called him. Qian Xiwen took leave again and went to the bank. It was Zhu Yanni who received him.

"Mr. Qian, your loan application has been approved. You just need to sign a few words and we will release the loan to you today."

"it is good."

Qian Xiwen checked the information carefully and finally chose to sign, feeling relieved.

Zhu Yanni sent Qian Xiwen out of the hall with a smile on her face, and asked what Qian Xiwen wanted to invest in with the loan.

The information stated that Qian Xiwen planned to start a business, but Zhu Yanni did not believe it. His intuition told him that Qian Xiwen probably still wanted to invest in stocks.

However, during the signing process, neither the bank nor Qian Xiwen mentioned it, because it was clearly stipulated that equity pledge loans could no longer be used to invest in the stock market.

However, there are many people who do this in private.

"Mr. Qian, I will have to bother you personally after the loan is released."

Seeing Qian Xiwen's expression change, Zhu Yanni was slightly unhappy, but she still said, "Can you tell me which ticket you bought?"

Qian Xiwen frowned slightly and said, "Manager Zhu, the purpose of my loan is to start a business."

"Start a business? What kind of business?"

At this moment, a sharp questioning voice came from the side. Qian Xiwen turned his head and froze in shock.

"Qian Gong, you just said you wanted to start a business. Is this why you take leave every few days?"

Qian Xiwen looked at Zhu Yanni, then at the colleague who suddenly appeared. He didn't know what to say for a moment, so he had to leave in a hurry.

"I have something else to do, so I'll leave first."

The bank released the loan before the end of get off work that day. Qian Xiwen breathed a sigh of relief the moment he received the money, and then he studied the information all night long.

He has already picked out his targets: Guannong Holdings, Yasheng Holdings, Xinnong Development, Guoliang Tunhe, and Guangnong Sugar.

Most of them are planting stocks related to the Jiahe Group, and all of them have some relationship with cotton and sugar.

The focus among them is Guannong Co., Ltd., whose main business is cotton and sugar beets.

Once the Ah San industry collapses, Guannong shares, which is currently at the bottom, will reverse instantly.

Qian Xiwen quietly formulated a plan for building a position.

He showed up at the company again the next day. However, before he even reached his workstation, people started greeting him.

"Mr. Qian, I heard you're going to start a business?"

"Qian Gong, a loan of 120 million, this is to prepare for a big move!"

"Qian Gong, if you become rich and powerful, don't forget each other. In the future, don't forget that you brothers once fought in the same trench."

"Mr. Qian, I heard that you have held Jahwa's shares for three or four years, and your assets have increased seven or eight times. You are so lucky!"

After a while, Qian Xiwen's immediate superior Zhang Xian asked him to go to his office.

"Xiwen, when are you going to leave? Why don't you say anything? I'm telling you, you have to leave me time for recruitment!" "Boss Zhang, I'm not going to leave!"

Qian Xiwen spoke sincerely. Zhang Xian raised his eyebrows and asked, "Were you the one who went to the bank to get a mortgage?"

Qian Xiwen: “It’s me.”

Zhang Xian: "Is the purpose of the loan written as investment in entrepreneurship?"

"Yes, but... no." Qian Xiwen sighed, "That was just the reason I wrote for the loan. It actually has other uses."

"What happened? Do you need such a large sum of money urgently?"

It’s no wonder that Zhang Xian asked this, because Qian Xiwen’s daily lifestyle is very simple, frugal, and a little stingy.

"No, everything is fine."

"why?"

“I want to buy stocks.”

Qian Xiwen sighed and gave a few simple explanations. He really had no intention of resigning and investing in a business was just a reason he made up.

Zhang Xian was also stunned. "Stock trading is risky. The A-share market is also a slaughterhouse! How can I say that you are good?"

Qian Xiwen said: "We are all adults. We make our own choices and take our own responsibilities."

Zhang Xian poured a glass of water for Qian Xiwen and asked, "Sit down and tell me, what are you going to buy?"

After hesitating for a moment, Qian Xiwen still mentioned several stocks including Guannong, Xinnong Development, and Yasheng, but did not explain the logic of stock selection.

Zhang Xian crossed his legs and asked curiously, "Xiwen, how much money did you make from the Modu Jiahua stock?"

Qian Xiwen said: "About 1.5 or 600,000. I didn't look closely. Anyway, I bought some when I had money. It turned out that it was not seven or eight times what they said, but five or six times at most."

The corner of Zhang Xian's mouth twitched. At most five or six times. It sounded so easy.

"You should get busy first. Since you have no intention of quitting, then do your job well."

In just one day and one night, the usually low-key Qian Xiwen became a celebrity in the company, and his stories were even circulated throughout the entire office building.

He lived frugally and held onto Shanghai Jahwa for several years, and took advantage of Jahwa's development, with his assets increasing seven or eight times.

Now they are mortgaging stocks for loans in preparation for bottom fishing. Even the stocks they are trying to fish in have been revealed. In a short period of time, many people lurking in the A-share market have been exposed and are talking about it.

"Guannong shares have fallen for eight consecutive weeks, and there is no sign of a halt in the decline. Why would Qian Xiwen be interested in such a stock?"

"Most people think that the bottom has been reached and want to buy at the bottom, but there is a risk of buying halfway up the mountain!"

"I heard that Qian Xiwen bought Jahwa and the stock price increased seven or eight times. I wanted to learn from him, but now I don't dare to buy it. I don't dare to buy it."

"I have also studied these checks specifically. They are all highly correlated with cotton and sugar. Now is the period of global overcapacity. India's production capacity has not yet reached its peak, and the time for reversal is far from here!"

"Qian Xiwen is likely to fall this time."

Qian Xiwen also heard about these discussions. Some people even discussed them with him directly and tried to persuade him.

He has never concealed his optimism about stocks such as Guannong, but he has not recommended any stocks. Buying or not is the responsibility of the investor.

That day, he met Su An again. He was the person who advised him not to buy agricultural stocks. He also recommended Jahwa to him, which was his first contact with the Jiahe Group.

Su An said, "Brother, you are famous."

Qian Xiwen smiled bitterly and said, "Brother Su is the hidden boss. The prediction that Jiahua would increase tenfold is about to come true. Brother Su should not have sold it, right?"

Su An pulled Qian Xiwen to a corner and said, "It's impossible to sell a family heirloom. Jiahua's dividends are also very stable. It will be good to earn dividends from holding shares in the future. The dividends every year will be enough to support the family's expenses."

Qian Xiwen praised: "Awesome!"

Su An asked quietly: "Brother, are you really optimistic about Guannong, Xinnong, and Yasheng? The market is bleak and bearish now!"

“I feel that Jiahe is not optimistic about the sustainability of Asan agriculture.”

Qian Xiwen felt grateful to Su An, so he said a few more words.

Su An was a little hesitant after hearing this.

Unlike Qian Xiwen who is single, he has a happy family and is the financial pillar of the family. He cannot mortgage and leverage at will.

If you want to increase your holdings in Guannong and other stocks, you can only sell some stocks such as Jahwa.

Jahwa is very stable. Even if the growth rate slows down, the current dividend income is better than bank deposits, and there should be room for growth.

So, he doesn't want to sell.

If he wanted to increase his holdings, he could only follow Qian Xiwen's example and use off-market pledged stock loans to increase his holdings. For a moment, Su An was very conflicted.

After hesitating for two days, when Su An heard news about Qian Xiwen again, the rumor turned out to be that Qian Xiwen had completed his position, but the situation was not good.

Stocks of Guannong, Xinnong and others fell for two consecutive days, and international restrictions on Xinjiang cotton became even more severe.

The Better Cotton Initiative (BCI) suspended cotton certification in Xinjiang Province, becoming a direct driver of the brand boycott.

H&M then issued a statement announcing that it would stop using Xinjiang cotton, stop hiring Xinjiang employees, and stop cooperating with Xinjiang companies...

The attitudes of brands such as Nike, Adidas, and Uniqlo are also ambiguous.

Domestic consumers also launched a counterattack, boycotting foreign products and supporting domestic products. Brands such as Anta took advantage of the situation to seize market share.

But the impact on domestic cotton is also real.

Cotton backlogs are very serious both at home and abroad, and upstream companies such as Guannong are having a hard time, not to mention that Guannong also has a sugar beet business, which is adding insult to injury.

Qian Xiwen still went to work as usual, and put the ridicule behind him and the future behind him.

Su An was still hesitating.

One day in early March, the sun was shining, the temperature began to warm up, and the A-share market opened normally.

People in the office building were watching a few stocks as usual, and then laughed, "Guannong has fallen again."

"Qian Xiwen must have lost tens of thousands of dollars."

"The horse stumbled!"

"Buying Zhongjiahua is just shit luck!"

During the break, Su An approached Qian Xiwen and said, "Brother, you have a really good attitude."

"Because I believe in Jiahe." Qian Xiwen took Su An's cigarette with a smile and advised: "Brother, if you want to buy it, buy it as soon as possible. If you delay any longer, you may not have a chance to get on the bus."

Su An shook his head. "No hurry, wait and see."

Perhaps it was destined. Just as Su An finished speaking, a cry of surprise came from the bathroom not far away, "Fuck, Guannong shares suddenly hit the daily limit!"

There was silence for a while, followed by exclamations one after another.

"Damn, it really hit the daily limit!"

"Wozhi, what happened?"

"Not only Guannong, but the other stocks supported by Qian Xiwen have also soared. Damn, Xinnong Development has also reached its daily limit. It's so fierce!"

Su An looked at Qian Xiwen who was as calm as water, and there was only one thought left in his mind: Damn it, I haven't gotten in the car yet!

(End of this chapter)