In the bustling stock exchange, the first batch of leeks in Ming Dynasty were shouting constantly, looking at the rising stock prices and calculating their own profits.
Thanks to the popularity of the story, every time a new stock is listed, it is extremely popular, and everyone rushes to queue up to buy the new stock. This also enables the stock market to realize its function of raising funds.
"You brat, the shares of the Beijing-Tianjin Railway have already risen to more than 30 yuan. Doesn't this mean that the stocks in your hands are already worth hundreds of millions of taels of silver before the railway is completed?"
In the hall, Liu Jin and Zhang Mao were walking around casually in casual clothes. When they saw the Beijing-Tianjin Railway stock price rising to more than 30 yuan, Zhang Mao couldn't help but open his mouth slightly.
.
This is too scary!
In just a few months, the railway has not yet been completed, but the stock prices have risen so ridiculously, it's really crazy.
"Mr. Zhang~"
"This virtual wealth means that calculated based on the stock price, the stocks in my hands are indeed worth hundreds of millions of taels of silver. But if I really want to cash out, if I sell these millions of stocks, I am afraid that they will immediately fall to
At the bottom, when the time comes, let alone thirty taels of silver, I’m afraid no one may take over even the three taels of silver.”
"Now our Ming Dynasty's stock market is still very small, and the circulation market is even smaller. It cannot withstand too many storms."
Liu Jin smiled and shook his head. The market value is the market value. If it is really to be realized, it will definitely be greatly reduced.
"Then if I go public, wouldn't it be difficult to sell my shares to raise funds?"
When Zhang Mao heard this, he immediately said a little discouraged.
"You can sell it slowly. If you sell it for 100,000 today and 100,000 tomorrow, the price will be about the same."
Liu Jin replied.
Take a closer look at the Ming Dynasty's stock market. Because it has just begun, no one is actually aware of some magical operations in the stock market, and there are no professional stock predators making waves in it and manipulating the stock price.
Nowadays, some small traders are having fun in it. It is very common to buy in the morning and sell in the afternoon. Some people simply buy the stocks and leave them there, preparing to wait for the dividends at the end of the year.
The reason why the stock market has risen well is mainly because of good publicity. Most of the listed assets now are high-quality assets. Even the Zhang's Fishing Company that Lao Zhang brought out is also a very good business. Although
It cannot be compared with some rapidly developing industries, but its income is stable and profitable, and it is still considered a high-quality asset.
If Lao Zhang hadn't been short of money, he wouldn't have put it on the market.
In fact, Lao Zhang's idea is right. If there is no shortage of funds, there is no need to go public and take out the hens he has worked so hard to raise.
People in this era are still very concerned about their appearance, especially these big business houses, big factories, etc., all of which are family businesses and businesses. Many of them are Zhang's, Li's, Wang's and so-and-so business houses.
Factory and the like.
If you cheat people, your reputation will be ruined all of a sudden, and you will not be able to get away with it in the future. Paying attention to credibility is an extremely important thing for Ming merchants.
"That's pretty much it~"
Only then did Lao Zhang nodded with satisfaction.
"However, if you sell too many shares and someone wants to acquire your business and buy a large amount of your shares, once you are not the largest shareholder, you will most likely lose control of the business.
right."
Liu Jin thought for a while and added.
"Who dares?"
When Zhang Mao heard this, he couldn't help blowing his beard and staring. When he thought about the property he had worked so hard to build being taken away, he felt as if he had turned into a man-eating tiger.
"Haha, things in the stock market are very difficult to explain. The key is to look at yourself. If you keep selling stocks, sooner or later you will have to sell out all your shares."
"Since the stocks have been sold out, does this firm still have your surname Zhang?"
Liu Jin looked at Zhang Mao and couldn't help but laugh.
There are countless such things in later generations. I don’t know how many founders were kicked out after their companies went public.
There are also some old companies with a long history. The children of the major shareholders are unwilling to make progress. They sell some stocks today and some stocks tomorrow. In the end, they suddenly change from major shareholders to retail investors and are eventually liquidated.
"this….."
Zhang Mao suddenly had nothing to say.
"So, this is also an important reason to limit the continuous selling of stocks by major shareholders. If you sell stocks wantonly, you will most likely lose control of the company and eventually be replaced by others."
Liu Jin also explained to Zhang Mao some of the pros and cons of going public. Don't just think about the benefits. When the time comes, sell, sell, and sell out all the stocks. This business firm will take another name and come to make trouble for him again.
Of course, there are some people who plan to go public to make money, deliberately falsify data, and are themselves junk companies. After the listing, they cooperate with others to push up the stock price, and finally sell out all the stocks, make money and leave.
This kind of thing is also very common in later generations. When the system is not perfect enough, the stock market can easily become a tool for a few people to make money.
"Our current stock market in Ming Dynasty is still too small, and not many people can buy stocks. Those who know about stocks are only limited to the Beijing and Tianjin areas. People in most areas have no way to participate."
"The funds that can be raised are actually quite limited, so the number and frequency of listed companies, the scale of funds raised, etc. all need to be restricted."
"Mr. Zhang, when I came to you, if you had agreed, I would have been able to go public by now. Now, I'm afraid I have to wait slowly."
Liu Jin looked at the publicity walls and saw that there were not many listed companies at present, that is, more than twenty, and more than half of them were companies and factories under his own command.
There is no way, in an era when transportation and information are extremely backward, there is simply no way to be like later generations, where everyone can trade stocks with a mobile phone, and several stocks are listed every day.
In the current stock market of the Ming Dynasty, investors are mainly people from the Beijing and Tianjin areas. Of course, there are also some small investments from big landowners, big families, etc. both inside and outside the Ming Dynasty.
This means that the Ming Dynasty stock market’s ability to raise funds is very limited, and it is impossible for stocks to be listed every day, and the listing of very large commercial banks also requires careful planning.
Liu Jin came to Tianjin this time mainly for the listing of the Egyptian Canal. The funds raised by the Egyptian Canal were really too large, and for the first time, it raised 20 million taels of silver.
Although wealthy bosses such as Liu Jin, Emperor Hongzhi, the prince, Zhang Mao, etc. subscribed for most of the shares, according to the regulations of the stock exchange, nearly 40% of the shares were still raised on the stock market.
Nearly 40% of the shares are a terrifying figure of almost eight million taels.
Eight million taels of silver, this is an extremely huge number. You must know that in the past, the Ming Dynasty's annual tax revenue was only three million taels of silver.
Of course, at that time, commercial taxes and the like were basically uncollectible, but it also reflects that eight million taels of silver was an extremely terrifying figure.
In these years, a large amount of gold and silver continued to flow into the Ming Dynasty from all over the world, making the Ming Dynasty's gold and silver more abundant. Otherwise, these eight million taels of silver would have been an astronomical figure that was hard to imagine before.
It may not be easy to raise these eight million taels of silver from the stock market.
Therefore, some operations need to be carried out to first stir up the enthusiasm of the stock market.
In the past few months, the stock market has been booming, and Liu Jin's contribution is indispensable for this. The Ming Dynasty's stock market has just begun. It is necessary to let the leeks of the Ming Dynasty taste a wave of sweetness first, so as to attract more funds to flow into the stock market, which is convenient.
In the future, listed companies will raise funds.
To put it simply, it is to make the leeks longer so that they can be cut easily.
Of course, from the beginning, Liu Jin also learned some experiences and lessons from the stock market of later generations and formulated detailed systems. This was not for the purpose of cutting leeks, but for a win-win situation in the long run.
Leeks can share the dividends and commercial banks can raise funds. This is a healthy stock market.
"Fuck~"
"Can you step in for me~"
"I am really poor now, almost so poor that I can no longer afford to eat."
When Zhang Mao heard this, he immediately said hurriedly.
When it comes to queuing, most people naturally need to queue up. Of course, they will not queue up honestly. Jumping in line is naturally a basic operation.
"...Mr. Zhang, will you not be able to afford food?"
"I've heard that Mr. Zhang, you take radish-sized ginseng to make tea every day. Your face is rosy, and you are ready to take a new concubine."
Liu Jin was immediately speechless. This Zhang Mao would still be unable to afford food. Others didn’t know it, and he himself didn’t know it. Zhang Mao was very good at investing. He made a lot of investments in all walks of life, both at home and abroad in the Ming Dynasty.
Trading houses, factories, merchant ships, plantations, pastures, wineries, tea mountains, mines, colonies... The industry is so huge that it is beyond imagination, and the wealth it possesses is also huge, and it is as rich as any country.
He actually said he couldn't afford to eat, and he was really good at pretending.
Despite his age, he was in good health. The concubines in his family were married one after another. As for Korean maids, there were more Japanese maids and so on, and they gave birth to a lot of sons.
"Those are ginseng from Huanghuangzhou, and they're only worth a few dollars."
"If you don't let me jump in line, I will come to your house every day to get food."
When Zhang Mao heard this, his face immediately turned red, and then he started acting rogue.
"..."
"Old Zhang, my family eats very ordinary meals every time. You must not be used to it. But I heard that your family has more than a hundred cooks, including those from Korea, Japan, and Nanyang.
Yes, you even have European chefs at home, cooking delicacies from all over the world every day."
"Can you still get used to my food?"
Liu Jin was speechless again.
"Of course I'm used to it. The food that's free of charge is the most delicious. If you don't let me jump in line, I'll come here every day~"
Zhang Mao immediately laughed and acted like a rogue, which was very skillful.