Chapter 199 Ming Dynasty’s Stock Market

"The East India Company of the Ming Dynasty adopted a joint-stock system, which meant dividing the company into several shares, and then selling shares to people all over the world. They obtained the corresponding shares according to the amount of money they paid. When they made money, they distributed dividends according to the proportion of the shares. If

If you are a rich man, you can spend more money and enjoy big dividends. If you are an ordinary person, you can also buy three to five taels of silver and earn pocket money a year!" Zhu Han said.

When Lao Guo and Zhu Yuanzhang heard this, they were a little puzzled. It was just a big deal. Why did they have to establish a joint-stock system?

"The East India Company you are talking about actually doesn't cost much money. If it is an ordinary one hundred thousand, it can be made up by asking the big businessmen in Suzhou to contribute. Why bother to spend so much money?" The old man said.

Brother Zhu Yuanzhang asked.

In fact, Zhu Han had already considered this issue.

He wanted to turn the East India Company into a joint-stock system with many people participating. He did not simply want to gather funds.

The Western Age of Discovery in history is actually divided into two stages.

The first stage was dominated by Portugal and Spain. The royal families of these two countries invested large sums of money and troops and seized a large amount of land and resources.

However, the dividends from these New World expeditions did not make Portugal and Spain more glorious in the subsequent historical process. The large amount of resources and money became a tool for the upper class nobles to compete for luxury.

When the barbarism of the Age of Discovery receded, Spain and Portugal no longer had resources to squander.

The second stage is the rise of late-developing countries such as Britain, France, and the Netherlands. During the Age of Discovery in these countries, although the officialdom also occupied a mainstream position, the level of private participation was very high, and a large number of explorers were ambitious.

Entrepreneurs and adventurers formed joint-stock companies one after another, and came into contact with a steady stream of profits on the newly opened routes.

Therefore, in the real Age of Discovery, in addition to the participation of the Ming Dynasty, talented people and strangers among the people must also participate.

The most effective way to bring these people together is a joint-stock company.

In joint-stock companies in the Age of Discovery, not only money can be regarded as shares, but pilots with experience can also obtain shares, and a desperado who dares to fight can also obtain shares.

As long as Zhu Han makes the East India Company a model for joint-stock systems, when the Age of Discovery begins in the future, the explorers of the Ming Dynasty will inevitably follow suit.

A two-pronged approach to make the country strong and the people prosperous is the true internal strength of the Ming Dynasty to dominate the world in the future.

Zhu Han's explanation made his elder brother Zhu Yuanzhang praise him repeatedly.

"We are really convinced. Qiwu, you really don't know how you got this brain. The stars of Wenquxing and Wuquxing all fell into your lap!"

My elder brother, Zhu Yuanzhang, believed that Zhu Han was descended from both Wenquxing and Wuquxing, but your people were more willing to believe that Zhu Han was the God of Wealth.

Soon after, news spread throughout Yingtian Mansion that the Ming Dynasty official was going to establish the East India Company.

What surprised everyone was that behind the scenes, the East India Company raised funds from people all over the world to invest in shares.

Each share was worth no more than one tael, and the entire East India Company issued a total of five million taels of shares.

Many people have a vague idea of ​​what exactly the East India Company is doing.

But when everyone knew that the East India Company was organized by His Royal Highness, everyone immediately went crazy.

"His Royal Highness the King of England assists in the affairs of the country. This Ming Dynasty has never been short of money!"

"Your Highness, if you focus on business, you won't be able to make a profit without losing money!"

"Although I don't know what the East India Company is doing, I'm determined to buy the shares!"

"If you want to get rich, you have to follow His Majesty the King of England!"

…

The hot scene of the East India Company's stock began to erupt in Yingtianfu.

After all, this kind of thing is unique in the world. No one has ever issued stocks before, so this burden naturally falls on Zhu Han himself.

Zhu Han rented a small shop next door to the British Prince's Palace and specialized in handling the issue of East India Company stock sales.

One month later, it was the day the court announced the public issuance of East India Company shares.

In Yingtian City, the path leading to the back door of Prince Ying's Mansion was blocked.

Businessmen from all over the country, all carrying large amounts of cash or banknotes, lined up to buy stocks at the East India Company Agency at the back door of the Royal Palace.

The hot scenes frightened Ying Tianfu Ke.

Almost half of the rich people in the world have crowded here, and the Prince of England's residence is right in front. If anything goes wrong, Yingtian Mansion Yin will have to walk around without food.

The third team of government officials from Yingtian Mansion almost checked every street entrance.

The hot scene of the Ming East India Company's share sale was not limited to this day.

Five million taels of stock is a lot if you say it's a lot, but it's not a lot if you say it's a small amount.

Many big businessmen who had traveled far away came to Yingtian with large sums of cash but lost everything.

As the Ming Dynasty court released more and more news, everyone knew that India, known as Tianzhu in ancient times, was really a rare Feng Shui treasure land.

Not only does it produce valuable spices, ivory and other rare treasures, but the land is fertile and does not freeze all year round. There is as much rice as you need, and you can dig out baskets of precious stones in the mountains with just a hoe.

As the news gradually spread, a large number of large businessmen who had not bought the East India Company shares began to increase their prices and buy them from others.

A stock that originally cost one tael of silver per share soared to 30 taels of silver per share just half a month later.

Even with this surge of three times, not many people are willing to sell stocks.

At this time, a fleet sent by Duan Gong, Marquis of Dali in India, sent congratulations, confirming these news.

Although Duan Gong sent people to bring only three ships to congratulate him, each ship was filled with gold, gems, ivory, tiger skins, pearls, rice and other valuable goods.

Moreover, even the humblest soldier in Duan Gong's fleet is dressed in gold and silver, and is served by two dark-skinned native Indian slaves.

Duan Gong, a bereaved dog who was originally beaten by Chen Youliang and fled from Yunnan, is now so rich and generous.

Everyone is more confident in the prospects of the Ming East India Company.

After this news, the price of each East India Company stock soared from thirty taels of silver to twelve taels.

In less than two months, the East India Company's stock price soared tenfold.

Many businessmen with precise vision have made reselling stocks their main business.

After all, there were only a few people who bought East India Company stocks. Many businessmen who were originally cautious and wait-and-see now had money but no way to buy stocks.

Once the East India Company was established, it would almost be like taking the big guys to India to pick up money!

Faced with this huge benefit, many businessmen who had no chance have contacted some large merchants. They simply wanted to open up a way to make money by doing business in India.

As for the business model, it is natural to learn from the existing East India Company.

In just one month, at least ten companies imitating the East India Company were established. Although these copycat versions of the East India Company did not have the official background of the Ming Dynasty, each of them had one or two large companies with strong reputation and strength behind them.

The stocks of these knock-off versions of the East India Company actually sold very well.

Because the gold and silver mines in Japan and Liaoyang were too rich, and the Ming Dynasty was gradually experiencing inflation, it instantly had a channel for hot money.

Large sums of money flowed from the East India Company, large and small, into fields such as shipbuilding, navigation, and weapons manufacturing.

It's just a commercial nine-pound naval gun manufactured by Yingtianfu Machinery Manufacturing Bureau. It is a bulky cast iron gun. It is a product that has been eliminated by the navy. The starting price has doubled in a month. This kind of ship

The pick-up time for the cannon was half a year away.

After all, the sea route to India is not smooth. Who knows whether pirates of all sizes will pounce on us and cause trouble?

Therefore, if any of these Ming merchant ships did not have more than a dozen naval guns for self-defense, the sailors would never agree to go to sea.

Of course, these naval guns are used for self-defense on the one hand, and there is another aspect that everyone knows very well, but never mentions.

That's it. The merchants and sailors who only care about money have already heard from various channels that India is in a state of fragmentation and separatism, and the various indigenous chiefs are not strong. If they do business well, then that's it. If these Indians

If the aborigines feel the slightest offense to the Ming Dynasty, then these merchant fleets filled with adventurous thieves and green forest heroes will also return to their old profession with cannons and swords.

Zhu Han knew exactly what these potential desperadoes were thinking.

But Zhu Han had no intention of stopping them.

In today's era, barbarism is not an obstacle to survival, but weakness is a fatal flaw.

If the Ming Dynasty could bring all the criminal thieves in the country to India to commit crimes, kill people and set fires, wouldn't the world be at peace within the Ming Dynasty?

As the saying goes, a dead Taoist friend will never die but a poor Taoist.

India's Asan was having a hard time, but Zhu Han didn't care.

But if it can make India's Asan live a bad life and make Ming Dynasty's life get better and better, Zhu Hanke will be very happy to see the results.

From the Southern Song Dynasty to the Yuan Dynasty, pirates along the southeast coast never stopped.

After the founding of the Ming Dynasty, the defense stations in various places were so powerful that the pirates did not dare to return to their old ways. They all peacefully became good citizens.

Nowadays, the Ming East India Company and the prototypes of many copycat versions have made these good old pirates active again.

However, these pirates were not active at sea, but came to Niujia Street in Yingtianfu one by one. This was not only the place where the Ming East India Company sold stocks, but also the place where other companies were established.

Every maritime merchant who aims to make a fortune naturally needs the help of these pirates who lick blood at sea as thugs.

This group of illiterate pirates and merchants, all their illusions about India at this time were just to make a huge fortune.

They didn't realize that it was from this moment on.

When a Ming Dynasty ship sails to the coast of India and sets up a few cannons, it can conquer an Indian city.

In the fifth year of Hongwu's reign in the Ming Dynasty, almost everyone in the southeastern important areas centered on Yingtianfu set their sights on the newly established East India Company of the Ming Dynasty.
To be continued...