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Reborn: I'll Never Fail My Childhood Sweetheart Again-Chapter 261 - 115: Well, Zhao Mingxuan Really Is a Bit Annoying
Seeing Su Jianjun still hesitant, Su Zelin chuckled, "Dad, whether you buy or not, I'm buying for sure. The sooner we get in, the better. If we're late, you'll end up like last time with Shenghai Mei Lin, at most sipping some soup and missing out on the meat!"
Hearing this, Su Jianjun felt a slight pang in his heart.
Although he didn't completely miss out on Shenghai Mei Lin, Su Jianjun did enter the market a bit too late back then, and his earnings were quite limited. Not like his son, who invested early and heavily, and ended up with his mouth full of oil.
He had been working hard in business for so long, and his savings were only a few hundred thousand.
This kid hit the lottery, yet investing in Shenghai Mei Lin almost got him a third of his father's years of savings.
Thinking about this made Su Jianjun feel unbalanced.
If he bets right again this time, and the money triples or doubles, wouldn't it almost equal his father's savings?
At that point, how would the father's authority stand in front of him?
No way, absolutely not!
Thinking this, Su Jianjun gritted his teeth and made a decision.
"Tell me more; let me see if these stocks are really that good!"
Su Zelin knew his father was tempted, but even though the old man was bold, he wasn't as daring as himself, or to be precise, he had a steadier hand.
Even in his previous life, he was bolder than his father, let alone after being reborn. His foresight was like a cheat code, a little boldness didn't hurt.
"I can't tell you first, thirty percent!"
Su Zelin proposed his terms once again.
"You're doing this without any costs, how can you be so greedy, ten percent!"
Su Jianjun was naturally unhappy and immediately slashed the offer.
In truth, Su Zelin was asking for the moon, intending to settle for less.
Asking thirty percent on a no-cost business was indeed too much, and his father would never agree to it.
"Then twenty-five percent, Dad, times have changed, ideas are valuable!"
The negotiation continued, with both sides bargaining.
"No, no, your ideas may be great, but I'm the one putting down the money, and I'm the one taking the risk. The most I'll give you is fifteen percent!"
Su Jianjun stood firm, refusing to retreat even half a step.
"How about this, Dad, let's sign a betting agreement. If you lose, I'll cover any loss you incur. But if you earn less than double, I won't take a penny! If you earn more than double, then you give me ten percent, and if you earn more than triple, my share becomes twenty percent. What do you think?"
Su Zelin calmly proposed a unique commission structure.
Su Jianjun had never heard of a betting agreement, but he found it intriguing and sensible.
If there was a loss, it wouldn't be right to make the kid pay.
However, if the profit was modest, he wouldn't have to pay him a single penny.
If they managed to double the investment, giving him ten percent wasn't much.
And if they actually tripled it, then Dad would be soaring high, and giving him twenty percent would be delightful!
Thinking this, Su Jianjun nodded, "Alright, it's a deal!"
"A promise is a promise!"
Su Zelin smiled.
He knew he could convince Dad.
Both Su Jianjun and he liked taking risks, otherwise, Dad wouldn't have left a stable job at the steel factory all those years ago to go into business.
If there was a great opportunity in the stock market, he'd definitely follow up.
Moreover, Su Zelin was sure Dad would invest no less than himself.
How could it be that the son invests a hundred thousand while the father plays around with just twenty or thirty thousand!
The son lowered his voice, "Dad, have you noticed the recent financial news about the B-stock market? The National Securities Commission and the Foreign Exchange Management Department are planning to reopen the B-stock market. Soon, domestic investors will be able to trade B stocks!"
"I've noticed it too!"
Su Jianjun nodded, "However, B stocks haven't made much headway since their inception in '92. With the development of H-shares and N-shares being listed overseas, the functional role of B stocks in raising foreign capital has diminished, and they've been declining ever since. The government has tried measures to support it, but none have been too successful. Are you sure this reboot of the B-stock market will work?"
The reason B stocks have been largely ignored is that they were initially established for overseas individuals or institutional investors, with transactions in foreign currencies. Even when domestic investors gained the opportunity to invest in B stocks later on, compared to the larger market, better liquidity, and convenience of A stocks, B stocks remained rather niche.
How niche, you ask? B stocks, born in '92, until before Su Zelin's rebirth, had just a pitiful few million investors. Compared to the over 160 million accounts in A stocks, it's not even a fraction.
Calling it lukewarm doesn't quite do it justice; it was downright lifeless, with no notable performance since its launch, no wonder Su Jianjun was skeptical.
"It's different now. While the National has supported B stocks before, it was mostly minor efforts, with too little favorable policy, hardly a boost. This time opening up to domestic investors is a significant policy change. And as you've noted in the news, recent emphasis on the B-stock market by top leaders is more frequent and significant than ever, indicating the National's clear stance to revitalize the B-stock market. This is the kind of push that will significantly inspire investor enthusiasm!"
"Of course, many still doubt whether the B-stock market can take off, since it's been around for years with little progress, so many investors are in a wait-and-see mode."
"At a time like this, you need to enter the market early. If you take a wait-and-see approach like others and join after the B-stock market stabilizes, by then others would have already rushed in, and we'd be left sipping the soup!"







