In Tianjin, the staff of the Tianjin Stock Exchange, which has just been built, are busy preparing for the upcoming official opening.
"Old Liu, I really don't understand. What's the use of creating something like this? You're counting on one tael of silver or one tael of silver to raise funds. You don't know how long it will take to raise funds in the Year of the Monkey and the Horse."
"I estimate that your stock may not be sold by then and no one will buy it."
Zhu Houzhao and Liu Jin came to Tianjin again. Zhu Houzhao looked at the stock trading hall in front of him with some boredom. It was similar to the stock trading hall in later generations, except that the monitor was replaced by a public notice wall. Other than that, there was nothing special.
big difference.
"The accumulated water becomes the sea, the earth becomes the mountain, and the small ones become many. Don't underestimate this one tael of silver. We have 150 million people in the entire Ming Dynasty. If one person invests one tael of silver in it, he can raise
One hundred and fifty million taels of silver."
"Some people will definitely buy this stock, and more and more people will buy stocks in the future."
Liu Jin said very confidently.
Ordinary people don't have any good investment channels. Even if they have some money, they just save it and put it in a box under the bed.
This silver has been kept in the box. It is just a lump of iron and has no value or effect at all. If it can be used, it can promote the development of the Ming Dynasty's economy.
Building roads, building ports, digging canals, etc. are all major projects that benefit the country and the people, but they all require large amounts of capital investment.
Only when the money in the hands of ordinary people is used for construction can the true value of the money be brought into play.
"I don't believe it~"
"One tael of silver per share, and you have to wait until the end of the year to get dividends."
"The key is that the first one to be listed is the Beijing-Tianjin Railway. The capital has not even been built yet. It is estimated that it will take one or two years to complete. This means that in the past two years, this money has been invested.
There’s no reward at all.”
"Even if the money is placed in the bank, it will still earn some interest. No one will be stupid enough to buy this stock."
Zhu Houzhao thought about it and said with absolute certainty.
"Your Highness, do you want to invest in the Beijing-Tianjin Railway?"
Liu Jin looked at Zhu Houzhao and asked.
"Vote, why don't you vote~"
"I researched the steam locomotive myself. I know its performance very well. With it, traveling between Beijing and Tianjin will be much more convenient in the future, and transporting goods will become faster and more convenient. I will definitely invest in it."
Zhu Houzhao said very decisively.
"That's it, I will vote too~"
"If its shares really cannot be sold, I will buy all the remaining shares with my own money."
Liu Jin also nodded solemnly and said.
Just kidding, the Beijing-Tianjin Railway can be said to be the most valuable railway line in the Ming Dynasty. If it were not for the stock exchange, Liu Jin would have wanted to share it equally with Zhu Houzhao.
It's best if someone buys the stock. If no one buys it, you'll eat it all.
"Okay, let's start work as soon as possible. I can't wait."
Zhu Houzhao said indifferently.
The Beijing-Tianjin Railway raised a total of 10 million taels of silver, of which Zhu Houzhao and Liu Jin each contributed 3 million taels of silver, and the remaining four million taels of silver were placed on the stock exchange to raise funds from the public.
The early funds from Liu Jin and Zhu Houzhao have been exhausted, the Beijing-Tianjin Railway Company has been established, and preparations are currently underway before construction begins.
At the same time, the construction of the Daming Stock Exchange has been completed and will be officially put into operation. The first stock in the history of the Ming Dynasty was discovered, the Beijing-Tianjin Railway Company stock.
On the eighth day of August in the seventeenth year of Hongzhi, the Tianjin Stock Exchange officially opened. It was also the day when the first stock of the Ming Dynasty, the Beijing-Tianjin Railway Company, was officially issued.
On this day, the genius had just dawned. In the streets and alleys of Tianjin, newsboys carrying newspapers quickly dispersed to every corner of Tianjin.
Soon, the shouts of newsboys began to sound in the streets and alleys of Tianjin.
"Sell newspapers~ sell newspapers~"
"Tianjin Stock Exchange officially opens~"
"The first stock in Ming Dynasty was officially listed~"
"Beijing-Tianjin Railway Commercial Bank officially raised four million taels of silver from Quan Daming. Anyone who wants to buy stocks should apply for subscription at the Tianjin Stock Exchange as soon as possible."
"It is important to note when purchasing stocks on the Tianjin Stock Exchange that all stock sales and transactions only use silver notes and silver coins issued by the First Galaxy of the Ming Dynasty. Otherwise, copper coins, broken silver and bank notes are not accepted."
With the shouts of the newsboys, the entire Tianjin city began to wake up. A large number of people poured out from every corner, and newspapers quickly came into everyone's hands.
At the same time, at the Tianjin Stock Exchange, a large number of people slowly gathered, waiting for the Tianjin Stock Exchange to open.
"Huhe, are you here to buy stocks too?"
"What kind of stock should I buy? Only fools buy stocks. I just came here to watch the excitement and want to see if anyone buys this stock."
"Are you here to join in the fun?"
"Aren't you?"
"I really want to come over and buy some stocks. I just happened to sell some sugar cane in a plantation in Nanyang. I have tens of thousands of taels of silver in my hand, so I plan to come over and buy some stocks."
"You can't be serious, can you?"
"This is still fake. I brought all the banknotes."
If you have acquaintances and meet each other, it is natural to have a chat.
Huhe, Bater, and Gertai happened to meet together. These people were all nobles from the northern grassland tribes. Because of the imperial court's policy towards the northern provinces, most of them lived in the Beijing-Tianjin area.
Battle was the first leader of the grassland tribes to join the Ming Dynasty. After the grassland became the grassland province of the Ming Dynasty, most of these tribal leaders were still able to live a prosperous life.
For Battle, his current identity is a factory owner, plantation owner, and trading house owner. The trading companies, factories, plantations, etc. invested by his subordinates can earn hundreds of thousands of taels of silver every year.
I lived a very happy life in my childhood. I settled in Tianjin. Every day I drank tea, read newspapers, football games, theaters, etc. When I was in a bad mood, I went horse riding on the grassland.
The same goes for Huhe, Gertai and others. They were all leaders of grassland tribes who submitted to the Ming Dynasty. They lost their status as tribal leaders, but lived a prosperous life in the Ming Dynasty.
"Battle, are you really stupid? Just throw these tens of thousands of taels of silver in. If you think it's too much, you can give it to me."
Huhe looked at Barter to make sure he was stupid.
"Yes, this stock is meant to defraud people out of money. If it pays dividends at the end of this year, the dividends will not be paid until the railway is repaired and begins operation."
"In the short term, we can't even expect to make a profit in one or two years. The money invested will be wasted. We might as well buy some slaves, and buy more looms and spinning machines."
Gertai also nodded and said.
Now, the favorite thing of these tribal leaders is to partner with others to open factories, plantations, etc. Money begets money, and the money will never be spent.
It's really not possible. You can just put it in the bank and earn interest.
"What do you know~"
"Look carefully at this prospectus. It clearly states that the major shareholders of the Beijing-Tianjin Railway Company are the current Crown Prince and the Minister of Civil Affairs, Liu Gong."
"They have never lost money in business, and you can't go wrong doing business with them."
"If it were someone else's business, I wouldn't necessarily invest in it, but if Mr. Liu invests in a business, I would be more likely to invest in it."
"I can be where I am now, but it is indispensable for Liu Gong's help and support."
"If you believe me, then just buy some. You won't go wrong."
Battle touched his round belly. Since settling in Tianjin, he has become more and more blessed. His belly is getting bigger and bigger.
Then he touched the big gold necklace on his neck and wiped several emeralds and gemstone rings on his hands. Battelle was full of wealth.
He likes to show off his wealth. The necklace on his body is made of gold, the belt is made of gold and jade, the rings on his fingers are made of the best imperial green jade from Myanmar and the best ruby from Sri Lanka. He also wears two large bracelets on his hands.
Also holding two oversized pearls.
"If you want to vote, vote yourself. I won't vote anyway~"
"Stocks are so fictitious that if you have this money, you might as well buy a few women for real money."
Hu He shook his head repeatedly. He felt that stocks were unreliable and he would not buy them anyway.
"I'll just buy you 5,000 taels of silver. Liu Gong is pretty good to me, so 5,000 taels can be regarded as support."
Gertey thought for a while and said.
Look at Battle again. Back then, everyone was the leader of the grassland tribe, and their tribe was more powerful than Battle's. However, now, their wealth is less than one-tenth of Battle's. The gap is really huge.
Already.
The main reason for this is that Battelle knew how to invest and knew how to make money. He opened factories, plantations and trading houses, so he made more and more money.
I didn’t trust the Han people at first, so I didn’t follow the investment, and as a result, the gap emerged.
If you think about it carefully, what Battle said makes sense. Just follow it and invest a little bit.
"It's only five thousand taels of silver. Even if it's gone, I won't feel bad. Besides, Mr. Liu shouldn't have this little money from everyone. With Mr. Liu's financial resources, he can take out this little money at any time."
Gertey added.
"That's right. Who is Mr. Liu? How could he cheat these millions of taels of silver?"
Battelle also nodded solemnly, then thought for a moment and said to his follower: "Immediately go to the bank and get tens of thousands of taels of silver out, collect a round amount of 100,000 taels of silver, and buy 100,000 shares later."
"You two really have a lot of money and no place to spend it. You just invested so much money in one go. You are so rich!"
Hu He looked at the two of them and couldn't help but shake his head. He had decided that this stock was really worthless and his money would be wasted.