Category: Money tips Release Date: 2005-12-22
Wang Laotai 67-year-old, optimistic, talkative, not only hundreds of millions of Fu Po, but also the stock market tycoon. The history of China's stock market as a new witness and participant Wang Laotai Shenzhen and Shanghai stock markets, together with the younger has experienced many ups and downs. 10 years, shares the sea life, there is joy, but also pain; a success, and lessons; a big profit, but also a big lose. In a sense, you know her, and also to understand the stock market. U.S. stocks come first pot of gold digging.
Wong Lo Taiyuan in a public office. At that time, a paper cup of tea times are very comfortable, but it is difficult for her to meet the stronger. March 8, 1984, she took out his savings of only 400 yuan, and a few friends founded a report entitled "China's information," the half-monthly magazine, began business career. Late 80s, Wang Laotai to the United States to visit his son who work there. Although the time of this visit is very short, but it also did not change the old woman's temper restless. To the United States shortly after she and a few in Taiwan, South Korea's friends, huh real estate. They bought an old house, renovated and then sold, Wang Laotai thus make an appreciable number of "first pot of gold." In the U.S., Wang Laotai discovered a phenomenon: More than half of all investment in the stock market. So under the guidance of her son, Citibank became the minority shareholders. Wang Laotai convinced that the bank's development is an important condition for national economic development, and expansion of the share capital of bank shares strong, often Major Holders, also split its share capital, is a good variety of personal investment.
In late 1989, Wang Laotai with Amoy in the United States out of the "first pot of gold" and the understanding of the stock market and returned to the window of China's reform and opening up city - Shenzhen. Vision on net worth jumped Guoyi.
At that time, Hung Lai Road, Shenzhen, there is a small securities registration companies, investors can apply for no transfer of shares in that registration. Wang Laotai recalls: "When the stock market or the OTC has implemented an anonymous system, no books, transactions in cash are in large black plastic bags filled with very primitive." Registration of the company's entrance in the lawn is often gather together "谈股论金," Wang Laotai about his experience in the U.S. stock market tell you that accidentally made the first "stock market teachers." Wang Laotai the cornerstone of their fortunes is her profound understanding of the banking shares. Be available beginning in 1989, Shenzhen Development Bank, the Yantian village branch secretary answered the call, with the villagers raised to buy 12 million shares, and later want to sell but not sold in. Wang Laotai a soft spot for bank shares in 1990, around the Spring Festival, it took more than 8 yuan per share, the price of money, 12 million shares of all this unwanted access down. With the deep development of the stock rising, Wang Laotai's assets inflated. For a time, there is Wang Laotai driven by investment in Shenzhen stock market worth of the argument Guoyi investors, especially investors in the Shenzhen widespread. Bear swallowed hundreds of millions of assets.
Changing the stock market in 1993, cities of Shanghai and Shenzhen stock market crash of Wang Laotai Shenzhen and Shanghai stock markets did not expect this is just the beginning of a prolonged bear market for three years. Think of those years, except to marvel at the old lady: "It was known to be mantis trying to stop cars, but my money is still little by little in to 'rescue', and the more or more to buy. Always want to be able to own the little power, little slow decline in the stock market. "eventually she will be all his money into the stock market, until even the food money gone. Downward trend in the stock market running did not change the scene, but in Fukui Jige Yi Wang Laotai under great pressure from ill. Hospital issued numerous critically ill informed relatives reluctantly forced to account for most of the stocks of their clearance shipments. May be the old lady Futaimingda, after three months of the rescue, she even survived a strong manner. Life was saved, but Fukui has become a real loss, several hundred million dollars of assets are shares of the sea swallowed without a trace, she could only a temporary farewell to his beloved stock market, go to the United States, my son's home to recuperate. Flash is a few years later the old lady to return to the domestic stock market, the time is after the great bull market in 1997. While the experienced ups and downs, Wang Laotai enthusiasm for the stock market is also a century ago. Not only that, her mind is more calm but went on: "Actually, I is the stock market one of the most common individual, a hope that the healthy development of China's securities market, they would enjoy the benefit of the investors." B shares open once they stand up.
With a passion for the healthy development of China's economy strong belief Wang Laotai "survived, one must be after the blessing." In February of this year, B-share market to domestic investors, and opening up, B shares jump up like a day, a record. Wang Laotai sets of 8 years of B shares not only the solution of the set, and the stock once again earned a few times, plus she had bought Hainan Airlines and Sichuan have also been traded corporate shares, today worth Wang Laotai will again up. All of this, Wang Laotai was nicknamed: "the world is falling to the pie, was I went on the."
Wang Laotai from the first magazine to do from scratch, buying unwanted Shenzhen Development, to B-shares depend on quilt revived her each time walking on the top of the market. Superficially, this seems a coincidence that, in fact, she was imbued with the profound development trend of China's economic insight: founder of "China's information," to adapt to the coming information revolution, China's third development; buy Shenzhen Development is a the unique role of the banking sector ahead of driving awareness; to buy B shares, but is based on her B-share market will be activated and will determine the exact large-scale development. Wang Laotai is an ordinary investor, but also a country with great wisdom of stock market investors. Admonition and advice passion for the stock market.
Wang Laotai love of the securities market, she say: "I hope our country's stock market can grow up healthily." In the early 90s, Wang Laotai proposed: "development of securities markets need to establish rules of the game, establish rules and regulations, but also to implementation of the good, and continually improving. "In 1993, Wang Laotai as an ordinary stock market investors, directly facing an inspection tour in Shenzhen, China Securities Regulatory Commission senior leadership and made a lot of sound advice of the stock market do a good job. Records of this much-told story of the photos are posted on the then prevalent "Shenzhen Special Zone Daily" on. Wang Laotai had also written to the mayor of Shenzhen, sincere to say that the SAR should be used to advantage to the Shenzhen stock market do a good job, no matter how difficult, can not shut this market, and this path can only move forward can not be retrogression. In saying this at a time to enter the stock market downturn, the end of 1993. Sincere heart, is evident.
Talking about stock market, market makers, there still exist an unreasonable policy, Wang Laotai indignant: "shareholders should earn is economic development, corporate development gains from stock market speculation is allowed, but not as some way banker, by fabricating false information to defraud the other shareholders of the money. "Even so, Wang Laotai still passion for the stock market, convinced that the stock market useful and beneficial to the country's economic development. Optimistic about the stocks can also provide for old age mentality.
I seek advice on stocks to the secret of the old lady, and she laughed and said: "This secret that you know for sure - to invest in the mentality of buying up high on the speculative mentality in order to sell. We often say that Aunt Wang Yue He also paid out, Indeed, this is the case. "
Wang Laotai lives every day stock market is the most important component. Beating the red face of dazzling numbers, the old lady is more fun: rose did not catch up with, well, Kanxia a bar; down did not sell, waiting for the next have the opportunity to . After the close, she ubiquitous ball-point reading glasses a listed company data, but also from time to time to pick their thorns. Many friends asked Wang Laotai: "You are such a great age are still stocks of the how?" Wang Laotai always cheerfully replied: "stock and can provide for old age." Talking about the stock market brings its own joy, the old lady has lots to talk about words. "The stock market can shape a person's personality, because it lose the mettle making and human beings are. In this market should be constantly sum up experience and lessons, we must continually learn new things, I sometimes listen to shareholders report, the older universities, to listen to painting, music lesson and enjoy the fashion show. invest in stocks, pay attention to all walks of life, his mind too old to switch, think of eating at home and abroad Shihai event. but old people, ideas can not afford to aging, the stock paste so I am more into the life of modern society , but also make many friends. "plain living want to pay back the community.
Wang Laotai talking about as far away as a child abroad, could not help but miss showing affection: "The two sons are abroad, I hope they will come back, although the foreign income is high, but development is still a great opportunity in China. I also look forward to China's early accession to WTO, so that the sons in the country to find more suitable jobs, so that there will also be able to accompany my family to spend their twilight years. "
