"This is to protect the interests of investors and prevent them from running away with the money or misappropriating it for other purposes. Every once in a while, companies or individuals that raise funds need to publish the accounts of the project and disclose the use of the money, and
Accept the audit of the exchange. Once problems arise, you will be fined in mild cases and sentenced in severe cases, and will not be tolerated. In short, the investments of companies listed on the exchange are supervised and protected by the laws of the Tang Dynasty. If you dare to violate the laws and report false accounts, you will be punished.
Or if you misappropriate money, it is a serious crime."
"Laws?" Someone asked in surprise: "There are still laws?"
"Of course, if there is nothing to rely on, wouldn't it be empty talk? If so, how will a dispute be adjudicated? Whoever has the power will be justified? This is impossible. Your Majesty said that princes who break the law are guilty of the same crimes as the common people, and what matters in transactions is fairness.
.Now this law is being revised urgently. In short, whoever contributes money to pledge, this law is to ensure that the money they invest will get the return they deserve. Poor management, natural disasters, and anything can happen, but fraud
, it’s another story.”
Everyone is a smart person, and many people quickly understood the true role of this exchange.
What the imperial court provides is a guaranteed platform.
People who are short of money can come here to set up a project, list it, pay a deposit, and at the same time raise the funds needed for their project. We say that the funds will be thrown to this person, and the funds will be supervised by the exchange to ensure that they will not be spent indiscriminately.
This person then uses the funds to develop the business of the funds and makes profits, and the shareholders share the profits together.
In this way...it's a win-win situation.
Chu Dali thought about his own endless loop. If he could use this method, wouldn't it be an easy solution?
Establish a project to raise funds. Once you have the funds, you can recruit people and purchase raw materials. Then you can take over work at the port and earn more money. An endless cycle has become a living cycle. Although the money earned must be based on
Proportionate profit sharing, but for Chu Dali, this is not a problem at all. First of all, without this money, the scale of his blacksmith shop cannot be expanded, and he cannot make more money, let alone share the profit. Moreover,
He heard this, and even if it became a joint-stock system, he could still have the final say. The money was divided, but the power was not divided. He could still figure out which end was more important.
However, after all, his blacksmith shop is a small shop, can the exchange care about it? With the mentality of giving it a try, Chu Dali shouted in the crowd: "Brother, I have a blacksmith shop, can I also apply for a project?"
"
Someone fell for it?
Li Tai, with his sharp ears, instantly found Chu Dali who was speaking and smiled: "Of course, as long as it meets the conditions and passes the exchange's audit, it can be listed."
Chu Dali did not hesitate: "I signed up, I signed up!"
He thought simply. His blacksmith shop was there anyway. Even if he suffered a loss, how big a loss could he suffer? But if it happened, the benefits would be great. If he wanted to change the fate of his family for generations, he would have to
Don't give up all opportunities.
Li Tai asked Qin Huaidao to fill in the information for Chu Dali, and then said to the onlookers: "The exchange was created by the imperial court for everyone's convenience. From the perspective of the exchange, we will not encourage everyone to list. Those who want to list, the exchange
We won’t drive them away, everything is voluntary. If you have any concerns, you might as well wait and see for a while. After all, no one’s money comes from the strong wind, and no one’s business comes from the sky. No matter who raises money,
, it’s still an investment, everyone needs to be more cautious.”
"What I want to emphasize is that as long as it is an investment, there are certain risks. Silk still costs seven or eight dollars a year. Commodities and goods are on the market as the market goes. The same goes for the stock market. We are all adults, not children, and we have to make our own choices.
And make decisions responsibly. Whenever money is involved, it’s better to be cautious and avoid being ashamed. It would be shameful if you screw up and lose everything!”
"In order for everyone to understand the details of the process of project establishment, listing, investment, dividend distribution, etc., here is a newly printed investment guide. It sells for 50 copies and has a total of 60 pages. Everyone knows whether it is the cost price.
I won’t say much. If you don’t want to buy this investment guide, you can always pay attention to Datang Business Daily. From now on, part of the investment guide will be serialized every day. You can also read the newspaper without being in a hurry. All the details,
Everything is clearly written on it, every detail is open and transparent, no secrets are hidden, and we accept everyone’s supervision!”
After that, Li Tai took out a stack of brochures and they were all sold out immediately. Who can wait for the serialization? They are all merchants from Yangzhou City and have been doing business for decades. Who doesn't know that news is equivalent to money? Wait for the newspaper
It will take at least a few days after the serialization is over. People who have seen the investment guide have already made money. Is there anything left for you?
A total of five hundred booklets were snapped up in the blink of an eye. There were still people who wanted them, so Li Tai had no choice but to agree and contact the printing shop to try to get a daily supply of five hundred books. Moreover, Li Mu also noticed that some people bought more than one.
book, so he added a note to the announcement that starting from tomorrow, purchasing the investment guide requires an 'ID card' and one person can only purchase one.
As the main city for the future development of Jiangnan, Yangzhou City has already completed its identity registration. Now Yangzhou City, like Chang'an and Luoyang, has become one of the cities in the Tang Dynasty that has no illegal households.
…
Tonight, there is no sleep in Yangzhou City.
All businessmen, including twelve prominent families, are studying the investment guide.
The imperial court set up an exchange as a guarantee...invested money...and distributed the profits.
If there are any good projects, they can be listed on the market and raise funds.
This is a novelty for most businessmen.
However, businessmen are well-informed. In fact, just by reading this guide, you can probably understand what is going on. It is nothing more than... it is just a partnership to do business. To be more precise, it is not a partnership to do business, but to borrow money to do business.
There are many such things in the private sector, but the reason why they have not become popular is that the interest rates on private loans are too high, and no matter how good a project is, it will be ruined by borrowing.
Furthermore, most people are not willing to lend money. It's easy to make money, but if you lose money, even if you force him to pay it back, what can you do if he has no money? Even if you kill him, you won't get the money back.
In addition to these, some people also think about the loans when the bank was first established. At that time, the bank was established and directly changed the interest rate on loans from three times to less than 30%. Even high-quality investments only needed 10% as interest. In
From the perspective of merchants, 10% interest is almost no interest. If you need funds, you will never lose money by borrowing directly from the bank.
In fact, this has solved the problem of lack of money for business, so why does the court still open the exchange?
In order to transfer risks? I have never heard of anyone who dares to borrow money from a bank. What is that for? Is it for ordinary people? In order to allow them to participate in business, the 10% interest on bank loans is also wiped out and changed to no interest.
, this makes sense, but why did the court do this?
Gu Sizhi thought for a long time, then slowly spoke, "I do have an idea. Let's discuss it together with my humble opinion."
Everyone looked at him and Wang Rui said: "Mr. Gu, just say what you want. What time of the day is it? There is no time to beat around the bush."
"Such weird ideas are usually not the intention of the princes in the court. After thinking about it, the person who can have such an idea is none other than the Marquis. The Marquis acts with great imagination, how can we, ordinary people, do it?
Can you guess? There were no signs before this happened, and no information was revealed to us. I think about it, the Marquis must have hidden it from me on purpose."
Seeing everyone nodding, Gu Sizhi glanced at everyone and said slowly: "Why did the Marquis hide it from us? This move will definitely be detrimental to us!"
The whole hall was in an uproar. The Marquis actually wanted to deal with us. Is there any way for us to survive?
This is everyone's subconscious thought. The more they come into contact with Li Mu, the more they fear Li Mu. They don't even dare to think about whether they have a chance to win, because even thinking about it is in vain. There is only one answer. In business, no one is Hou.
The opponent of the master, and in terms of power, as long as he does not lose the Holy Family, even the first person in the dynasty, Changsun Wuji, the uncle of the country, can't do anything to the Marquis of Luoyang. This is something that has been proven countless times!
Wang Rui said bitterly: "Mr. Gu, I don't believe what you said. Mr. Hou is not a cold-blooded person."
"I hope so too, but what should I say now?" Gu Sizhi said sternly: "Everyone might as well think about it seriously. The business in this world is not so much done by the people of the world, but actually by wealthy families like us? Whatever.
In which city do we go, rice, flour, grain and oil, jewelry, wood and ironware, there are so many clues behind it, which one has nothing to do with the big family? If there is such a thing that has nothing to do with it, it wouldn’t be just a humble small business.”
"It is precisely because of this relationship that the aristocratic family has established its influence in the local area. This has achieved the aloof status of the aristocratic family, and it is also the reason why the imperial court is afraid. Previously, the imperial court could not do anything to us, because many businesses were still in trouble.
It’s up to us to do it. Without the help of the aristocratic family, even His Majesty can’t do anything.”
"But think about it, if anyone can do business and ordinary people can do business, will the transcendent status of the aristocratic family still exist? Will the influence on the local area still exist? Does the court still need us? If this disappears
If we put some restrictions on it, wouldn’t we become a piece of meat on the court’s chopping board and be dealt with as we please?”
Gu Sizhi emphasized his tone and said, "Now everyone understands why the Marquis wants to hide it from us, right?"
Gu Sizhi's words were reasonable and well-founded, and everyone nodded loudly. Wang Rui wanted to say something, but seeing that most people agreed with Gu Sizhi's words, he opened his mouth and said nothing.
Everyone then asked: "What do you think Mr. Gu should do about this matter?"
Gu Sizhi pondered for a while and said: "In any case, it is not appropriate to fall out with Mr. Hou. After all, our main focus now is on the port and shipping trade. If we anger Mr. Hou, the consequences will be disastrous. Don't forget, Mr. Hou
The general has brought 20,000 garrison guards, do you really think he is just here to protect His Majesty?"
"For the current plan, we can only pretend to be stupid!"
Everyone was confused and asked, and Gu Sizhi explained: "Logically speaking, we are local snakes in Jiangnan. If the Marquis wants to do something in Jiangnan, he must give us support in advance, and we have to give him face no matter what. If the Marquis follows us
Even if we don't want to talk about this exchange, we still have to support it and invest a little bit. But since the Marquis didn't say it, it means we are not needed, so we just won't join in the fun."
"As for setting up a project to raise funds..." Gu Sizhi laughed: "Do we still lack the capital to do business?"
Everyone laughed. The noble families in the south of the Yangtze River are different from those in the north. The north has been fighting for years. During the Northern and Southern Dynasties, they fought with the nomadic people in the north. Later, they crossed to the south. This led to the north.
In terms of military and political aspects, some of these families are superior to the famous families in the south of the Yangtze River. But in terms of accumulation of money, they are not necessarily as good as the famous families in the south of the Yangtze River. Take the Xiao family of Lanling, for example, they were originally a royal family of the Southern Dynasties.
I don’t know how much money I have accumulated. Before Li Shimin destroyed Liang, in order to show his superiority and stabilize the south, he did not confiscate their imperial property. This was a wealth that could rival the country.
Other aristocratic families have also saved money for several lifetimes in a stable environment. Which family does not have several basements just for stacking copper coins? Not to mention the copper coins of the previous dynasty, even the five-baht coins of the Han Dynasty, the family has saved them.
There are also many people in several cellars.
As soon as everyone heard this, they understood what Gu Sizhi meant. Since you didn't come to me, then I pretended that I didn't know. If I don't object to you, and we won't cooperate, you can't say anything, right?
As long as all the Jiangnan noble families do not participate, even if the exchange has a name, it will be in name only. It will disappear within a few days.
Thinking of the invincible Marquis of Luoyang, but one day he suffered a defeat, everyone couldn't help laughing. Only Wang Rui, the guy who learned a lot from Li Mu's hands, couldn't laugh at all.
With Li Mu’s understanding, how could he not think of such a simple thing? If they didn’t tell you, it must be because they don’t need you, or they don’t take you as an onion at all. Look at these people who take themselves seriously
Gentlemen, Wang Rui seemed to have seen the side of them kneeling down to beg Li Mu, and couldn't help but feel the coldness in their lips and teeth, the sadness of a rabbit dying of a fox, how could he still smile.
He shook his head, ignored the people who were trapped in fantasy, and left early.
…
Sure enough, with the joint efforts of various prominent families in the south of the Yangtze River, the exchange that was booming on the first day suffered a rapid freeze on the second day. It became deserted again. Not only did no new people inquire, but even those who had already obtained information on the throne,
There are also many people who want to take the information back or directly invalidate it. Li Tai and Qin Huaidao's mentality is a bit broken. Who can stand this kind of roller coaster? Just when they were discouraged, Li Mu's carriage stopped at the door, and the two
After welcoming Li Mu in, Li Mu looked at the empty trading hall and said happily: "Hey, these guys are so united!"