Chapter 64: Different Natures

“Oh, Wu Ya, you’re here already? Come in, come in, have a seat.”
Liu Mingli’s face instantly bloomed with a smile at the sight of Wu Ya.
He stepped forward and ushered him onto the sofa, his demeanor transformed so dramatically that Wu Ya felt almost flattered, if not a little startled.
Wasn’t this too obvious?
“Wu Ya, please don’t hold our earlier attitude against us. As parents, we always have our children’s best interests at heart. I imagine your parents hope for you to achieve great things, don’t they?”
Lin Yongfen’s words carried a note of apology as she handed him a steaming cup of tea.
After all, he was the god of wealth.
If he truly possessed extraordinary business acumen, then for traders like them, he would be a treasure trove—a fountain of prosperity.
“Yes, yes, Uncle and Aunt, I completely understand how you feel.”
Wu Ya nodded vigorously, his smile warm and endearing.
Yet his demeanor seemed to irk someone.
“What are you smiling about? Does it feel so good to be thrown out by someone?”
Liu Qian.
Even now, she couldn’t let it go.
The more quickly her parents changed their attitude, the more she felt a peculiar disdain.
Could money really make people set aside their pride?
But she couldn’t understand that this was a common weakness among all traders of the time.
There was no helping it.
They too were people struggling at the bottom—outwardly successful, but inwardly burdened by hardship.
“Girl, what are you saying? Wu Ya doesn’t mind, so why are you still hung up on it? Come, help me in the kitchen.”
Lin Yongfen hurried to pull Liu Qian toward the kitchen.
Her daughter was stubborn and strong-willed.
If she stayed, who knew what she might say next—how awkward that would be.
“So, Wu Ya, can you tell your uncle why you decided to buy individual bonds back then?”
Glancing at the backs of Liu Qian and her mother, Liu Mingli went straight to the point.
While everyone else favored collective bonds, Wu Ya had chosen the opposite path.
There must be some hidden reason—or perhaps he had inside information.
That would mean Wu Ya’s family had official connections even Liu Qian didn’t know about.
Or else, he himself possessed exceptional financial insight.
Either way, it was a treasure for Liu Mingli now.
He could take full advantage of it—without paying a price!
And by bringing up the past,
he was also opening the conversation, starting from the outside and gradually moving inward.
Otherwise, if he asked straight away about business secrets, any shrewd person would never reveal their profit model!
“Well…”
Wu Ya gathered his thoughts before speaking slowly:
“Uncle, both types of treasury bonds are issued by the state, and collective bonds seem more secure on the surface. But everyone overlooks one crucial issue: once treasury bonds are traded as commodities, they acquire the universal trait of all goods—liquidity!”
Wu Ya’s explanation drew on concepts from his previous life in finance.
He believed Liu Mingli would understand his concise words.
After all, Liu Mingli was a trader—a true maverick of his era.
Sure enough—
“Liquidity?”
Liu Mingli fell into deep thought.
He might not have much formal education, but he was certainly shrewd and capable.
No matter the business, when it involved commodities, there was one rule that never changed—circulation.
Without circulation, there could be no buying and selling.
Flexible trading was the basic guarantee of commodity circulation!
But collective bonds, being issued by groups, were often used to replace wages and handed out to ordinary people.
Thus, these bonds were stamped with the mark of their respective organizations.
In trading, not only did they require approval from the securities market, but also permission from the issuing organization.
This made the procedures cumbersome and unsuited for flexible transactions!
People favored them only because of ingrained beliefs—thinking collective assets are always reliable.
Individual bonds, on the other hand,
were inherently more flexible to trade, thanks to their personal nature.
This was the biggest issue people hadn’t realized yet,
and ultimately the reason for the sudden surge in individual bonds.
“So that’s it!”
Understanding the key point, Liu Mingli looked up sharply, his gaze at Wu Ya filled with astonishment.
“Is this kid really just eighteen?”
That was his honest thought now.
Kids his age had just finished high school.
Even after a year or two in college, they’d barely be sophomores.
If they studied finance, maybe they could predict general trends in treasury bonds.
But only at the knowledge level, lacking experience.
They certainly wouldn’t dare, or be able, to invest twenty thousand yuan with such confidence as Wu Ya.
Liu Mingli felt a strange sense of unreality…
The young man before him was like a seasoned entrepreneur.
“Uncle, may I ask how many treasury bonds you purchased?”
Wu Ya couldn’t help but secretly admire him.
A trader with little formal education, yet able to grasp the concept from just a few words.
Such shrewdness and insight were rare indeed.
“I…”
Liu Mingli looked embarrassed.
He’d looked down on Wu Ya at first,
but ended up being influenced by him and changing his mind.
It was a bit hard to swallow his pride.
But after thinking it over, he said, “I originally planned to buy ten thousand yuan worth of collective bonds, but then I figured I shouldn’t put all my eggs in one basket. So I bought five thousand in collective, five thousand in individual bonds.”
He didn’t explain his true reason for splitting his investment,
but he did mention still having five thousand collective bonds.
Perhaps…
Wu Ya had some trick to help him turn those locked-in collective bonds back into cash?
“Heh…”
Wu Ya smiled, as expected.
“Uncle, you did the right thing. The state won’t let collective bonds become worthless. The market suspension is just a way to gauge reactions. In my estimation, in no more than twenty days, collective bonds will break the ice and return to life. When that happens, you must sell immediately, don’t be greedy!”
“Twenty days?!”
Wu Ya’s words startled Liu Mingli again.
Treasury bonds are state-issued securities, so whichever type, they will circulate eventually.
That much was certain!
But—
Without knowing the timing, without understanding when the tides rise or fall, some people ended up ruined.
Yet Wu Ya had pinpointed the exact timing of both bonds’ changes.
If he claimed to have no inside information and based it only on his own calculations,
Liu Mingli simply wouldn’t believe it!
After all, Wu Ya was only eighteen!
Thinking of this,
“Wu Ya, does your family have any relatives in government?”