Daming Town Haiwang

Chapter 1158, Zhang Mao, a rogue
In the hot stock exchange, Daming's first batch of leeks are constantly shouting, watching the rising stock price, and calculating their own profits.

Thanks to the popularity of the story, every time a new stock is listed, it is extremely hot, and everyone scrambles to line up to buy the new stock, which also allows the stock market to realize the function of raising funds.

"Boy, the stock price of the Beijing-Tianjin Railway has risen to more than [-] yuan. Doesn't this mean that the stock in your hand is worth hundreds of millions of taels of silver before the railway is completed?"

In the hall, Liu Jin and Zhang Mao were wearing casual clothes and strolling around very casually. When seeing the stock price of the Beijing-Tianjin Railway rose to more than [-] yuan, Zhang Mao couldn't help opening his mouth slightly. .

This is too scary!

In just a few months, the railway has not been completed yet, but the stock price has risen so ridiculously, it is crazy.

"Mr. Zhang~"

"This fictitious wealth means that it is calculated according to the stock price. Those stocks in my hand are indeed worth hundreds of millions of taels of silver, but if I really want to cash them out, I am afraid that the millions of shares will fall immediately Low valley, let alone thirty taels of silver, I am afraid that even three taels of silver may not be accepted by anyone."

"Now our Daming's stock market is still very small, and the circulation is even smaller. It can't withstand too much trouble."

Liu Jin smiled and shook his head. The market value is the market value. If you really want to realize it, it must be greatly discounted.

"Then if I go public, wouldn't it be difficult to sell my shares to raise funds?"

When Zhang Mao heard this, he said in a slightly discouraged manner.

"You can sell it slowly. If you sell it for [-] today and [-] tomorrow, the price should be about the same."

Liu Jin replied.

Take a closer look at Daming's stock market, because it has just started, so now everyone has not realized some of the magic operations in the stock market, and there are no professional stock crocodiles making waves in it and manipulating the stock price.

Now some small investors are having a great time playing in it. It is very common to buy in the morning and sell in the afternoon, while some people simply buy stocks and put them away, 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 the good publicity. Most of the listed assets are some high-quality assets. It cannot be compared with some rapidly developing industries, but the income is stable and the profit is considerable, and it is still considered a high-quality asset.

If it weren't for the lack of money in Lao Zhang's hands, he wouldn't have put it on the market.

In fact, Lao Zhang's idea is also right. If there is no shortage of funds, there is no need to go public at all, and take out the hen that he has worked so hard to raise.

People in this era are still very particular about face, especially these big firms and factories, each of which is a family business and firm, many of them are Zhang, Li, Wang plus a certain firm, factory or something.

If you cheat people, your reputation will be tainted all of a sudden, and you will have no way to mix it up in the future. Paying attention to reputation is an extremely important thing for Ming businessmen.

"It's almost there~"

Lao Zhang nodded in satisfaction.

"However, if you sell too many stocks, someone wants to acquire your firm and buy a large amount of your shares. Once your shareholding is not the largest shareholder, it is very likely that you will lose control of the firm. 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 at him immediately. When he thought of his hard-earned property being taken away by others, he seemed to turn into a man-eating tiger.

"Haha, it's hard to say what's going on in the stock market. The key is to look at yourself. I've been selling stocks. Sooner or later, I'm not going to sell all my shares."

"This stock is sold out, does this firm still follow your surname Zhang?"

Liu Jin looked at Zhang Mao and couldn't help laughing immediately.

There are countless such things in later generations. I don’t know how many founders were kicked out after the company went public.

There are also some old companies with a long history. The children of major shareholders do not want to make progress. They sell some stocks today and sell some stocks tomorrow.

"This….."

Zhang Mao suddenly had nothing to say.

"So, this is also an important reason for restricting major shareholders from continuously selling stocks. If they sell stocks wantonly, it is very likely that they will lose control of the commercial bank and eventually be replaced by others."

Liu Jin also explained some pros and cons of listing to Zhang Mao, don't just think about the benefits, when the time comes to sell, sell, sell out the stocks, the firm will change its name and come to make trouble with itself.

Of course, there are some people who plan to go public to collect money, intentionally falsify the data, and they are rubbish companies themselves. After the listing, they cooperate with others to push up the stock price, and finally sell out the stocks, take the money and leave.

Such things are also very common in later generations. When the system is not perfect, the stock market is extremely easy to become a tool for a few people to collect money.

"The current stock market in our Ming Dynasty is still too small, and there are not many people who can buy stocks. Those who know about stocks are only limited to the Beijing and Tianjin regions. People in most regions 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. need to be restricted."

"Mr. Zhang, when I was looking for you, if you agreed, it would be almost ready for listing now. Now, I'm afraid I have to wait slowly."

Liu Jin looked at the publicity walls. There are not many listed companies, that is, more than [-] companies, and more than half of them are some companies and factories under his command.

No way, in the era of extremely backward transportation and information, there is no way to be like the later generations, where everyone can speculate in stocks with a mobile phone, and several stocks are listed every day.

Now in the stock market of Daming, the stockholders are mainly people from the Beijing and Tianjin areas, and of course there are also small amounts of investment from big landlords, big families, etc. inside and outside of Daming.

This also means that the ability of the Ming stock market to raise funds is very limited, and it is impossible to have stocks listed every day, and the listing of a super-large commercial bank also requires careful planning.

Liu Jin's visit to Tianjin this time was mainly for the listing of the Egyptian Canal. The funds raised by the Egyptian Canal were really too large. For the first time, it raised [-] million taels of silver.

Although Liu Jin, Emperor Hongzhi, Prince Edward, Zhang Mao and other wealthy tycoons pledged to raise most of the shares, according to the regulations of the stock exchange, nearly [-]% of the shares were still raised in the stock market.

Nearly [-]% of the shares, that is a terrifying figure of almost [-] million taels.

Eight million taels of silver, this is an extremely huge amount. One must know that in the past, the annual tax revenue of Ming Dynasty was only three million taels of silver.

Of course, at that time, the business tax and the like were basically not collected, but it can also reflect that eight million taels of silver is an extremely terrifying figure.

That is to say, in these years, a large amount of gold and silver have continuously flowed into Daming from all over the world, which has increased the gold and silver of Daming. Otherwise, the eight million taels of silver would have been an unimaginable astronomical figure in the past.

It may not be easy to raise the eight million taels of silver from the stock market.

Therefore, some operations are needed to stir up the heat of the stock market first.

In the past few months, the stock market has been booming, and Liu Jin's credit is indispensable for this. Daming's stock market has just begun, and it is necessary for Daming's leeks to taste a wave of sweetness first, so that more funds can be attracted to the stock market, which is convenient. In the future, listed companies will raise funds.

To put it simply, it is to let the leeks grow a little longer, so that the leeks can be cut.

Of course, from the very beginning, Liu Jin also learned some experience and lessons from the stock market of later generations, and formulated a detailed system, not for cutting leeks, but for a win-win situation in the long run.

Leeks can share dividends from it, and commercial banks can raise funds. This is a healthy stock market.

"Come on~"

"Can you join me in the team~"

"I'm really poor now, I'm almost too poor to eat."

As soon as Zhang Mao heard it, he immediately said.

Queuing, most people naturally need to queue, of course I will not go to queue 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 now drink radish-sized ginseng tea every day. Your complexion is ruddy, and you're planning to take in a new concubine."

Liu Jin was speechless for a moment. This Zhang Mao still couldn't afford to eat. Others didn't know it, and he himself didn't know it. Zhang Mao was very good at investing.

Firms, factories, merchant ships, plantations, pastures, wineries, tea mountains, mines, colonies... The industries are huge beyond imagination, and the wealth they own is also huge.

He even said that he would not be able to afford food, but he was really good at pretending.

Regardless of his age, he is in very good health. The concubines in the family have married one after another. As for the Korean maidservants and Japanese women, there are more, and they have given birth to a lot of sons.

"It's all ginseng from the Golden Continent, and it's only worth a few silver coins."

"If you don't cut the queue for me, I'll go to your house every day for dinner."

When Zhang Mao heard this, his old face blushed immediately, and then he played a scoundrel.

"..."

"Old Zhang, every meal in my family is very ordinary. You must not be used to it. I heard that your family has more than [-] cooks just for cooking, including Korean, Japanese, and Nanyang cooks. Yes, you even have European cooks in your house, and they cook delicacies from all over the world in different ways every day."

"Are you still used to my family's food?"

Liu Jin was speechless again.

"Of course I'm used to it. Food that doesn't cost money is the most delicious. If you don't let me jump in line, I'll come every day~"

Zhang Mao laughed immediately, and he was very skillful in playing rogue.

　If you were so rich now, what would you want to do?

　　
　
(End of this chapter)