The morning of the first day of the Ming Dynasty stock market was extremely quiet, because there was only one stock subscription, so the whole morning was spent on subscriptions and purchases of stocks, and there was not a single stock purchase or sale at all.
The 4 million shares of the Beijing-Tianjin Railway stock were also sold out, which made Liu Jin sigh in relief. Originally, he was really worried that there would be no buyers for the stock, which would be a bit embarrassing.
It was not easy to get the stock exchange and the stocks, but if the result is not good at the beginning, it will not be a good thing for the subsequent listing of the commercial bank.
Liu Jin had a quick lunch in Tianjin, took a nap, and then went to the stock exchange with Zhu Houzhao to see the stock market situation this afternoon.
Stocks can be bought and sold on the same day. There is no way to limit the time of the day like later generations. You can buy at any time and sell at any time. There are only certain restrictions on the stocks in the hands of major shareholders.
Therefore, after the subscription was completed in the morning, stocks could actually be bought and sold in the morning. However, no one listed their stocks for sale throughout the morning. As for those who bought stocks, they all subscribed, and no shares were traded throughout the morning.
In the afternoon, there were more people in the stock trading hall, and the seats in the entire hall were almost full. There were people who bought some stocks in the morning and wanted to take a look at the stock situation.
Of course, there are more people who come here to join in the fun with nothing to do. Everyone is very curious about new things like stocks and want to see its situation.
“There are quite a lot of people~”
Liu Jin and Zhu Houzhao were wandering around the hall casually, listening to everyone's discussions, and looking forward to the situation of the stock market.
"Old Li, I heard that you bought ten shares of stock?"
"Yeah, I saw a lot of people buying in the morning, so I bought ten shares. Look, this is a stock."
Two middle-aged men were chatting, and one of them, Lao Li, took out a stock from his pocket. It was a ten-share stock, which was exactly the stock he bought from the stock exchange for ten taels of silver in the morning.
"Old Li, you are so stupid!"
"Ten taels of silver can buy a cow, so you just exchanged it for this piece of paper?"
Lao Zhang said with some sadness, shaking his head over the fact that his neighbor spent ten taels of silver to exchange for a piece of paper.
"Didn't I say that we can get dividends at the end of the year?"
When Lao Zhang said this, Lao Li suddenly paused, thought for a while and said.
"Dividends?"
"You are overthinking. The Beijing-Tianjin Railway Company has just started to be established, and the railway has just begun to be laid. Even at the fastest speed, it will take at least next year to be laid."
"How will they pay you dividends at the end of the year?"
"Even if it is a dividend, it will be at least after next year when the railway is completed and trains start transporting, so that we can make a profit and there will be no dividend."
"With your ten taels of silver, you won't be able to make a penny of profit in one or two years."
Lao Zhang said while shaking his head.
"Ah~"
"This...this, didn't the newspaper say that this stock can pay dividends?"
"That's why I spent ten taels of silver to buy it."
When Lao Li heard this, he immediately panicked. Ten taels of silver was not a small amount. For ordinary people, it was also a big number.
"The dividends mentioned in the newspaper mean that after the profit is made, it is still in the preparation and construction stages. All money is spent. Where there is any profit, there will naturally be no dividends."
"You didn't even look carefully or study carefully, so you invested ten taels of silver in it?"
Lao Zhang looked a little speechless and said.
"I really haven't figured this out yet."
"I saw that there were quite a lot of people buying stocks in the morning, so I thought about buying 10 taels of silver. I saw in the newspaper that there would be a lot of benefits after the railway was completed."
"What should I do now? It's ten taels of silver. If my wife finds out that I spent ten taels of silver to buy a piece of paper, I will be in a state of turmoil."
Thinking of this, Lao Li suddenly became anxious, and the sweat on his forehead couldn't help but break out.
This made Liu Jin and Zhu Houzhao, who were watching the excitement, couldn't help laughing.
"What else can be done?"
"Of course I sold the stock."
Lao Zhang on the side shook his head and said.
"Yes, yes~"
When Lao Li heard this, he seemed to have grasped a life-saving straw and hurried to the window to handle the sales.
So the first stock sale in the history of Ming Dynasty occurred.
Soon, the staff of the exchange posted Lao Li's stock sale information on the public notice wall where stocks were sold.
Beijing-Tianjin Railway Company stock, ten shares, each sold for one tael of silver.
A piece of paper is attached to it, simply stating the number of shares to be sold and the price per share.
Seeing someone selling stocks, everyone in the hall immediately turned their attention over. It was not too much to watch the excitement, and a large group of people gathered in front of the public notice wall.
"Someone is selling stocks~Someone is selling stocks~"
"Ten shares, one tael per share, buy this morning and sell in the afternoon, are you kidding me?"
"Maybe someone regretted it and felt that it was unfair to exchange ten taels of silver for a piece of paper, so they wanted to sell the stock and exchange it for silver."
"But I guess no one wants it. I already bought it in the morning when I bought the stock."
"It's probably because no one wants it anymore. You can see that it's been hanging out for a while, but no one is buying it."
At the public notice wall, everyone was talking a lot, thinking that this matter was very novel.
Buying stocks in the morning and selling stocks in the afternoon is really novel.
However, there were many people watching the excitement, but no one was willing to spend money to buy these ten shares.
This made Lao Li, who was selling stocks, as anxious as an ant on a hot pot.
"Let's see~"
"I just said, no one wants this stock, that is, only fools are willing to take out their money and exchange it for paper."
Next to Lao Li, Lao Zhang couldn't help but pour cold water on him.
"A lot of people watched, but no one bought the stock."
"Your ten taels of silver have been wasted."
"Some of the things in newspapers can be trusted, but others need to be thought about more. It is best to listen to the interpretation of the newspaper readers."
"Stocks are not something that we ordinary people can play with. Although it is a trading firm run by His Royal Highness the Crown Prince and Mr. Liu, they casually throw millions of taels of silver into it without feeling sad at all, but we lose ten taels of silver.
There will be a lot of commotion in the Yinzi family."
"Alas~"
Following Lao Zhang's words, Lao Li became even more anxious, as if his ten taels of silver had really been wasted, and his whole body seemed to be filled with regret.
"Send someone to buy its shares~"
"In addition, we will list and purchase the shares, and the price will be 110 taels of silver for every one hundred shares."
Liu Jin looked at Lao Zhang and Lao Li, then listened to the discussion around him, and after thinking about it, he gave instructions to the people around him.
After hearing this, the other party immediately went to handle it.
Soon, the staff of the exchange came again, came to the public notice wall and said: "These ten stocks have been traded, and someone paid ten taels of silver to buy them."
When they heard the news, the people around them immediately went crazy.
"There are really people buying this stock~"
"Isn't this nonsense? In the morning, I saw someone buying one hundred thousand shares. That's one hundred thousand taels of real money. What are these ten shares? It's just ten taels of silver. It's not enough for those rich people.
People are having a meal."
"That's true~"
"..."
Here, when Lao Li heard that his stocks had been sold, he suddenly felt as if the clouds had turned sunny. He laughed happily and hurriedly took his voucher to the window to apply for it, and soon got twelve taels.
silver.
"Haha, it's sold, it's sold~"
Lao Li couldn't help but laugh happily. He originally thought that his ten taels of silver had been wasted, but he didn't expect that it would come back all of a sudden.
"It'll be good to come back, it'll be good to come back~"
Lao Zhang on the side also breathed a sigh of relief for him.
"It turns out those ten shares of stock belong to him~"
"It's really lucky that someone happened to buy his stock, otherwise the ten taels of silver would have been wasted."
"Isn't that right? There are really some fools who are constantly throwing money into it. There is no trace of the railway yet, and real money and silver are constantly being thrown into it."
Beside the two people, the melon-eaters watching the excitement were also discussing constantly.
However, before everyone could recover from the first stock transaction in Ming Dynasty, another staff member from the exchange came to another public notice wall and said: "Someone wants to buy 10,000 shares of Beijing-Tianjin Railway stock. I am willing to buy 10,000 shares of Beijing-Tianjin Railway stock every day."
The price for one hundred shares is 110 taels of silver."
"What?"
"This man must be a fool."
"I bought this stock in the morning for 2 taels of silver per share, but he didn't buy it. Now he wants to buy 100 shares for 110 taels of silver."
"This man is really stupid."
"Yes, you are definitely a fool. Even if you buy stocks, one tael per share is enough. There is no need to increase the price. The price of these 100 shares has increased by 10 taels. Doesn't the price of these 10,000 shares increase?
One thousand taels of silver?"
Someone said, counting with his fingers.
"Does this person have too much money and no place to spend it?"
"I think most of them are fools."
Next to the seller's announcement wall, many people gathered around were talking. They all thought that the person who wanted to buy the stock was a fool. In the morning, he only paid 1 tael of silver per share. This afternoon, he actually offered 1.1 tael of silver to buy the stock. He was either a fool or he had too much money and no place to spend it.
.
"I just sold it, and the price actually increased~"
Lao Li was dumbfounded. He looked at the money in his hand, then looked at the information on the public notice wall to buy stocks, then silently calculated and said: "If I sell now, wouldn't I be able to earn an extra tael of silver?"
Lao Zhang next to him was also dumbfounded. He looked at the purchase information on the public notice wall and said, "You can actually increase the price?"
"Old Zhang, it's all your fault for asking me to sell my stocks. In just a few moments, I've lost one tael of silver."
"How do I know~"
"You pay me a tael of silver!"
"It's none of my business. I just want you to sell it. As long as you don't lose money, I'll pay you a tael of silver."
"..."
Liu Jin had been watching the changes between the two of them. He couldn't help but laugh as he watched the boat of friendship between the two of them capsize at every turn.
This is a bit like stocks. The ups and downs of mood between ups and downs are just the beginning. Compared with the big winds and waves in stocks in later generations, this is not even a wave.
As for Zhu Houzhao on the side, he witnessed everything in front of him and shook his head in boredom.
