EBE Chapter 399 A Rare Opportunity for Arbitrage
Chapter 399 A Rare Opportunity for Arbitrage
Lin Dongzhe took 50,000 yuan from his parents to start a business, and the two of them had already boarded a train to Fujian Province.
On the other side, Pengfei followed Qianjin's bus to every town in the surrounding area, exploring the way, patiently observing, understanding what they really needed, and how to price their goods.
Meanwhile, Mr. and Mrs. Huang once again arrived in Suzhou, weary from their journey.
When they entered the room and immediately saw their youngest daughter, Ah Ling's, slightly protruding belly, Huang's mother grabbed a broom that was sweeping the floor nearby and started chasing after Zhuang Chaoying without saying a word, all the while scolding her.
Knowing she was in the wrong, Zhuang Chaoying could only try to evade the situation while explaining in a low voice.
After learning that their daughter was in good health and would not suffer any real harm from the pregnancy, the elderly couple finally felt relieved.
After discussing it privately, the two decided to stay in Suzhou to take care of their daughter for a while. They were worried that if Ah Ling stayed in the house for such a long time, the neighbors would become suspicious and report her to the family planning office, and she would be taken to the hospital for an abortion. They both wanted Ah Ling to come back to Changcheng with them, but of course, this was the worst-case scenario.
Huang Ling said that Wan Shu's mother is an obstetrician and gynecologist and can help. Unless absolutely necessary, it is better to stay in Suzhou.
If things get really bad when she's a little further along in her pregnancy, she'll tell the neighbors that she went on a business trip out of town.
It'll be fine once the baby is born. After all, what's done is done, and you can't just put the baby back in.
When the time comes, they will pay the fines and accept the punishments as they are. They have always been law-abiding citizens.
.......
After a long journey, Dongzhe and Tunan finally arrived at Jinjiang Railway Station.
As soon as I exited the station, I saw my cousin Ada already waiting at the exit.
Ada waved enthusiastically to them as soon as she saw them.
Dongzhe quickly pulled Tunan forward and introduced them to each other. After some pleasantries, Ada led them into the van, ready to drive home.
Chen Da was overjoyed to see his cousin Lin Dongzhe, whom he hadn't seen in a long time.
He often heard his parents and uncle talking about his eldest uncle's family, recounting how they had taken care of them in the past. These words had already planted a seed of gratitude in his heart, so he sincerely wanted to be good to his cousin.
The last time we met was when Dongzhe came back to pay respects to his ancestors after being admitted to university.
Tu Nan and Dong Zhe sat side by side in the second row of the van. Tu Nan's backpack was full of money. Their hearts were in their throats the whole way, and they dared not relax for a moment.
Fortunately, the journey was safe and sound, and the money arrived in Jinjiang without any problems.
Ada said with a smile as he skillfully controlled the steering wheel.
"Dongzhe, my parents were so happy to receive a call from my uncle a few days ago. They've been looking forward to your return."
Lin Dongzhe, clutching his schoolbag, quickly replied, "I miss Aunt and Uncle too. How's Ada's family business lately?"
Ada answered with a hearty laugh.
"Okay, very good."
Zhuang Tunan quietly looked at the scenery outside the window, thinking about the news he had seen in the Shanghai Liberation Daily in April.
The higher authorities have clearly decided to open the treasury bond trading market on April 21st. Does this mean that ordinary people who hold treasury bonds can buy and sell them at will?
Almost every household with a formal job has treasury bonds, because banks have quotas to meet and must meet certain trading volumes for treasury bonds, and most families have quite a few.
During this period, he really paid special attention to this situation. The redemption price of treasury bonds in Fei City, Ontario was only 9.4 yuan, and in some remote towns it was even lower, ranging from 6 to 8.5 yuan. This was far lower than the price in Shanghai, and even lower than the actual face value of 10 yuan.
He meant that if they could acquire treasury bonds, they could not only make a profit from the commodity business, but they might also make a fortune from treasury bond trading.
"Dongzhe, do you know anything about treasury bonds? We can buy treasury bonds when we sell things. Think about it, the market has just opened up, and there are no banks in Anhui Province and Jiangsu Province where you can exchange treasury bonds. People can't cash out their treasury bonds at all. Moreover, the buyback price there is very low. Compared with ours, the arbitrage opportunity here is huge."
"Brother, when Xiaoting and I went for a walk, we saw that people were already buying and selling treasury bonds near Jing'an Temple."
Lin Dongzhe instantly understood what Tu Nan meant, and the corners of his mouth turned up. "Brother, is that what you're thinking? This time, we're not only going to buy and sell small appliances, but also become ticket scalpers."
Lin Dongzhe has half the genes of Fujianese people, and perhaps due to heredity, he showed a talent for doing business from a young age.
The fact that he sold Tu Nan's notebooks is enough to prove his business acumen.
He discovered that the homework assigned by teachers during winter and summer vacations was almost identical every year, which was a good business opportunity for "sustainable development".
He told his classmates that each student could copy homework for just one cent. Of course, he didn't forget to share the profits with Tu Nan, who provided the homework.
With his quick wit, he ran his little "business" quite well, even taking Xiaoting to sell toothpaste tubes, notebooks, and then plastic bags.
"Brother, we're sure to make a lot of money this time."
Lin Dongzhe could almost see the pockets full of money.
Tu Nan smiled and nodded. He had considered it for a long time when Peng Fei first told him about his idea of starting a business.
On the one hand, Dongzhe's aunt and uncle have access to low-priced goods, such as small household appliances and small items suitable for rural towns, so they don't have to worry about finding a market; on the other hand, there is the arbitrage opportunity in these treasury bonds.
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