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11-1 High Stuck

11-2 Financial crisis

Zeng Cheng was used to living in poverty. She wanted to break a coin in half and spend it. These three thousand taels of silver were saved by using the money Liu Ziguang had given her to supplement her family income over the past two years. It could be said that it was the financial foundation of this small family.

, Zeng Cheng believed in the credibility of the imperial issuance, so he spent all his money to buy the fund. He originally wanted to discuss it with Liu Ziguang, but he was afraid of missing the opportunity and not being able to buy it, so he made a decisive move. In the end, he made a big mistake.

These three thousand taels of silver were completely locked up in a high position.

Liu Ziguang is very aware of the methods of those "fund managers", who can call the black and white, and the dead and alive. The news of the defeat in the western war has probably spread, so they will promote it even harder to prepare for the early stage.

The big players who built positions shipped goods and dumped their chips at the highest point to the uninformed common people.

If Zeng Cheng knew that the huge sum of three thousand taels was wasted, she would be distressed. Liu Ziguang said perfunctorily: "It's okay. The court's fund is naturally safe. You can keep it. What, I suddenly remembered

If you still have something to do, go and come back." After saying that, he left in a hurry.

Liu Ziguang went to Rishengchang Manager Hu to discuss countermeasures. He knew that as long as the news of the defeat of the Western Route Army came out, it would inevitably lead to the collapse of the Western Region Jiebun Performance Fund, and this ultra-large fund accounted for a huge share in securities transactions.

How can the eggs be completed when the nest is overturned? This will definitely affect the prices of other stocks. Moreover, so many stocks of mixed quality have been listed during this period. When the crash comes, those guys who have made enough money will definitely run away. People don’t know

What are junk stocks and what are blue chip stocks will definitely be sold when the time comes. This is a catastrophe and an opportunity. If you don't handle it well, your wealth will shrink sharply. If you handle it properly, your wealth will be greatly expanded.

In this country, the emperor is usually not the first to know about any major events. The first to get the news are the backbone classes such as big chaebols and big bureaucrats. Hu Yimin has her own intelligence channels. She has already learned the news of the defeat of the West Route Army.

When Liu Ziguang arrived, shopkeeper Hu Da had already prepared his car and was going to visit Zhenwu Hou Mansion. Seeing Liu Ziguang arriving, Hu Yimin hurriedly welcomed him in.

The Shanghai Stock Exchange is jointly run by Zhenwuhou Mansion and Rishengchang. Although Peng Jinrong was the one who negotiated, the boss behind the scenes is still Liu Ziguang. The terminology and rules of the stock market are half learned from the Song Dynasty securities market, and half Liu Ziguang learned from later generations.

He learned from the stock market, so Hu Yimin also attached great importance to his opinions and views and did not dare to take them lightly.

After a quick greeting, he got down to business. Hu Yimin said: "Master Hou, does he know how bad the war situation is? Although the news from the trumpet comes quickly, it is not as accurate as the news from your south factory."

Liu Ziguang said: "I only found out about this after I met the emperor. Nanchang did not report it in advance. However, it looks like the situation has been a disastrous defeat. All the elite of the Western Army have been lost. Whether Tongguan can be defended is still a question."

Hu Yimin said: "The Western Army was defeated thousands of miles away. This news cannot be concealed. The fund will definitely collapse. I know the foundation of the Ministry of Accounts. At this time, there is simply not enough money to redeem the fund. When it was issued, it was one thousand

Ten thousand taels, and now the total market value has reached 40 million taels, of which 10 million were wasted by the Western Route Army, and the rest fell into the pockets of some people. It is a pity for those people who have no information.

I don’t know if the Marquis has heard about it, but this morning there were rumors about the Western Army’s victory and encouraging people to rush to buy funds. In fact, they are just building momentum to flee, alas..."

Not mentioning this, Liu Ziguang became angry when he mentioned it. His wife was one of the high-handed people, but he couldn't say anything in front of shopkeeper Hu Da, so he could only frown and said: "The Western Region Jiebao Excellent Fund is really ruined."

The imperial court does not have the power to save it, and neither do we. They built this dangerous building too high. If it collapses, many people will be injured. Other listed stocks will definitely be affected. Just wait and see. Within ten days

, the securities trading will inevitably collapse, there will be only selling but no buying, people will be as irrational when they are fearful as they are when they are greedy, and even China Merchants' stocks will be sold off by then."

Hu Yimin raised an eyebrow: "That's just right. We have prepared millions of silver taels to buy the bottom when those really good stocks fall. Other stocks that were listed on the market by giving gifts to Zhang Fulin will collapse. It's a pity for those ordinary people.

This time it will be bloody, but it is also a risk education to let them know the risks of securities trading."

Liu Ziguang sighed secretly. He said this easily. I am afraid that after this blow, many ordinary people will commit suicide by jumping from wells to hanging beams. The world is so cruel. Although I sympathize with them, I will never give up my life for it.

The family property bails out the market, because doing so is equivalent to benefiting these speculators who are crazy about fund speculation.

"Then let's let him die at the Western Region Jiebao Fund. Let's clear the door. I will also raise some funds to protect the market so that my own stocks will not fall. At least I can maintain a glimmer of confidence. This time the financial

After the crisis, I'm afraid the structure of the imperial court will change again. As the Minister of the Ministry of Revenue, Huang Xiaotian has an unshirkable responsibility. I think he will step down before his position is warmed up. We still have to recruit the Ministry of Revenue, and that one

Zhang Fulin, I've long disliked him. He's wasted millions of taels of money on such a large amount of funds indiscriminately, let's see how he ends up this time."

The two discussed for an afternoon and finally agreed on a countermeasure. Rishengchang urgently allocated 5 million taels of silver and injected it into the stock market, ready to buy the bottom at any time. Liu Ziguang also spent 1 million taels of silver to protect the market and take over the Liguo Iron Works and Jiangnan Shipbuilding.

, the beautiful cannery and other own-owned businesses were sold, and at the same time, preparations were made to rescue the market. When the situation reached a point of no return, Hu Xuezhai could present it to the emperor. Maybe the position of Minister of the Ministry of Revenue could be regained.

The general structure was agreed upon, and the specific implementation was left to the people below. Looking at the sun setting in the west, Hu Yimin said: "It is difficult for the Marquis to visit me in a small room. I have prepared a small amount of wine and hope to show my appreciation."

Liu Ziguang's nose twitched twice and he smelled the aroma of wine and food. It was obvious that arrangements had been made in the Hu's house. He couldn't help but think of the Hu's breakfast he had tasted on the Iron Giant Salamander.

The kitchen is comparable to the imperial kitchen, but Liu Ziguang still declined with a smile: "I appreciate the kindness of the great shopkeeper. My wife, children, and children are still waiting at home, so I take my leave."

Hu Yimin didn't force her to stay, and nodded with a smile: "Such a young lady is sending off to the Marquis." After saying that, he stood up and walked Liu Ziguang to the second door, and then watched his back leave, leaning on the door frame with one hand as if he was thinking a lot.

, the smile on his face slowly faded.

Liu Ziguang, who had suddenly walked away, turned around and congratulated: "Congratulations to shopkeeper Hu on the new year." A smile appeared on Hu Yimin's face again, and he wished Liu Ziguang a long blessing from a distance, and then watched him disappear behind the screen wall.

She slowly turned back to the back hall, walked into the banquet hall, and sat alone at the table. A jar of fifty-year-old Moutai wine had been unsealed. The fragrance overflowed and was refreshing. She picked up the jar and filled the jade cup in front of her.

, the amber wine was no longer liquid, and was piled tremblingly on the glass, even higher than the rim.

Shopkeeper Hu Da picked up the jade cup and rubbed it. The maid beside him said worriedly: "Miss, this glass of wine will make you drunk to death."

Shopkeeper Hu smiled: "I know." After saying that, he put down his cup and went to the study. The maids looked at each other, and the lady was afraid that she would not eat her dinner again...

The fire cannot be contained in the paper. Although some trumpeters from the interest class are still creating rumors about the victory of the Western Army in teahouses and restaurants, the real situation still spreads out from one channel or another. No matter how stupid the people are, they still know what they have.

The Western Region Victory Report Fund relied on the Western Route Army's consecutive victories to maintain a high price. If the Western Army was defeated, wouldn't this fund shrink? So gradually some people began to sell, and at first there were still people who took it, but by the afternoon of that day no one dared

After taking over, another rumor began to spread, saying that the entire Western Route Army was destroyed, Tongguan was about to be lost, Henan was about to be lost, and the iron hooves of the Xixia people were about to enter the Central Plains. People in the capital were panicked, not because they were afraid of Xixia.

People came to call, because the imperial court still had soldiers and food, and the Zhenwu Marquis had not come forward, but the Western Regions Victory Report Fund was afraid that it would really lose all its money, so a large number of people took colorful pieces of paper in what is commonly known as the Securities Street in Beijing.

The area around Sanshan Street was crowded, and everyone asked if they wanted to buy a fund. On the first day of the Lunar New Year, the Western Region Jiebao Fund was sold for 30,000 yuan per unit.

This is just the price on the sign. In fact, many people are willing to sell it for just one or two or eight.

The stock exchange only opened on the seventh day of the new year. Previously, only funds that did not require endorsement or stamp duty could be traded freely. Due to the sharp decline of the funds, people holding other stocks also began to feel uneasy. They exchanged various exchanges with each other in teahouses and taverns every day.

All kinds of rumors became more and more frightening and worrying. Everyone decided to settle down and sell all the financial products they had as soon as the stock exchange opened. After all, they could only rest assured if they had real money in their hands.


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