Daming Town Haiwang

Chapter 1195, Five-Year Railway Plan

Tianjin Stock Exchange.

It's not yet the official opening time, but thousands of stockholders have gathered in the square outside the exchange. They are excitedly discussing the ups and downs of stocks and what stocks can be traded, while patiently waiting for the exchange to open.

"The stock of Li's Textile Factory fell so badly yesterday that it fell several yuan at once. It has been falling for almost a month. From the original more than [-] yuan, it has fallen to only five yuan now. too much."

"It's a good thing I didn't buy Li's Textile Factory at that time, otherwise there would be no place to cry."

"Isn't that right? My friend bought [-] taels of stock in Li's Textile Factory at the highest price, and now I don't even know how to cry."

"This Li's Textile Factory is mainly due to the sudden death of the original old owner. The new one is his son. I heard that he is a young man who spends his days and nights. He knows nothing about textiles and management, so everyone doesn't believe him and sells them one after another. The stock of Lee's Textile Factory."

"But to be honest, Li's Textile Factory is doing very well in all aspects. This year's sales and profits have increased a lot compared to last year."

"It depends on the person to run a business firm or a factory. It's good now, but it doesn't mean it will be good in the future. Anyway, I won't touch this Li's Textile Factory."

"The hottest stock right now is the stock of the Egyptian Canal, which has already skyrocketed. When it was first issued, it was only [-] yuan a share, but now it has risen to more than [-] yuan a share, an increase of more than [-] times. "

"The people who bought the shares of the Egyptian Canal in the first place really made a lot of money."

"Isn't it? It's crazy to double it by more than a hundred times."

"I can't help it. There are too many people who are optimistic about the Egyptian canal. Once the Egyptian canal is repaired, they will just sit and collect money in the future. The money collected and dividends for one year and one year. Where is the value? Buy some The stock of the Egyptian canal is equivalent to having a time deposit in the future."

"However, the price is too high now, and it's not worth it anymore. If it costs more than ten yuan a share, I will buy some even if I spend all my money."

"It's still too late to buy now, and it will go up. When it goes up to two hundred or three hundred yuan, you will know."

"Could it be that brother bought the shares of the Egyptian Canal?"

"Hey, I have hundreds of shares in my hand~"

"Oh, brother, this is really rich. There are hundreds of shares. Isn't this worth tens of thousands of taels of silver?"

"It's only tens of thousands of taels of silver. It's nothing. For the really rich, it's just money for a meal."

"That's true, Xiongtai has such a strong vision, I don't know which stock you are more optimistic about now?"

"Now, of course it's railroad stocks."

"Railway stocks? You mean the stocks of the Beijing-Tianjin Railway Company?"

"Yes, it is the stock of the Beijing-Tianjin Railway Commercial Bank. It has been officially opened to traffic. After I went to take a ride in person yesterday, I concluded that it will definitely usher in a wave of rise, and it will not be a problem."

"The stock of this Beijing-Tianjin railway company has risen to more than [-] yuan a share. Can it be doubled?"

"Hey, believe it or not, it's up to you, anyway, I'm planning to buy some more today."

"..."

"Clang~clang~"

While everyone was waiting anxiously, the gates of the exchange finally opened, and many investors who couldn't wait for a long time rushed into the hall at once, and soon the entire hall was crowded.

"I want to buy Beijing-Tianjin Railway stock, five hundred shares, at a price of seventy-five yuan per share!"

"I also want to buy the shares of the Beijing-Tianjin Railway Company. I will buy 1000 shares at a price of [-] yuan per share!"

"I bought the stock of the Beijing-Tianjin Railway Commercial Bank. I bought 100 shares at a price of [-] yuan per share!"

As the stock market started, a large number of stockholders crowded to the window to buy stocks, shouting one by one.

The publicity wall of Beijing-Tianjin Railway Commercial Bank's stocks here, the publicity wall of the buyer's side, was quickly filled with small stickers asking to buy Beijing-Tianjin Railway Commercial Bank's stocks. In less than a quarter of an hour, the entire publicity wall was posted. Full.

There are too many people looking for shares in the Beijing-Tianjin Railway.

Once the train is open to traffic, many people take the train.

Everyone who took the train was deeply shocked by this epoch-making traffic.

Pulling [-] people or [-] jin of goods at a time is still very fast. It took less than two hours to get from the capital to Tianjin. Such a powerful transportation capacity and such a terrifying speed.

It is definitely an epoch-making thing for this era when going out basically depends on walking.

This is like in later generations when the mobile phone came out, the communication between people was basically through letters, but once the mobile phone came out, it immediately ushered in a brand new era.

This is also the case with trains now. The powerful transportation capacity, fast speed, and the comfort of riding on trains absolutely crush all the current means of transportation and modes of transportation.

Its appearance is an epoch-making product.

Naturally, the stocks of the Beijing-Tianjin Railway Firm also rose with the tide.

"Haha, it's up again~"

"Up, up~"

Seeing the stocks of the Beijing-Tianjin Railway Company keep rising, the people who had the stocks in their hands naturally shouted happily. Seeing the stock price rising little by little, the whole person seemed to be pumped with blood.

"Why did it rise again?"

"Isn't this too high?"

"In a blink of an eye, I went to [-] yuan. The key is that no one is selling it yet."

Those who originally wanted to buy the shares of the Beijing-Tianjin Railway Company were in a hurry, and all of them had red eyes.

Watching the stocks of this Beijing-Tianjin railway company keep rising, but I don’t even have a single share in my hand. Thinking about the power of the train, I can’t wait to go back to the past, and I must sell all my worth Go buy as much stock as you can.

"Sell newspaper~sell newspaper~"

"Big news, big news~"

"The imperial court established the Railway Yamen, which is responsible for the management and operation of railway construction, operation, and maintenance~"

"The imperial court issued a five-year railway plan. Starting from this year, two main lines will be built every year. Within five years, we will strive to build a main railway line that runs from north to south and from east to west."

At this moment, a newspaper boy came to the stock exchange with a large stack of newspapers on his back and shouted loudly.

As the newsboy yelled, all the people in the exchange hurriedly gathered, and all the newspapers in the newsboy's hands were sold in a blink of an eye.

It is also very important for stock investors like them to read newspapers to know the world affairs well, and to keep abreast of changes in Ming Dynasty and even the whole world.

"Great~ The imperial court is going to build a new railway again!"

"I missed the stocks of the Beijing-Tianjin Railway Company, and I must not miss the stocks of the Jinghe Railway and the Beijing-Hangzhou Railway!"

Holding newspapers in numerous stocks, they browsed quickly, and soon someone shouted excitedly.

There is new news from the imperial court.

The first is the establishment of the Railway Yamen, which is subordinate to the Ministry of Industry, and is responsible for the planning and construction of Daming’s railways, as well as the management, operation, and maintenance of Daming’s railways.

This matter was naturally within everyone's expectations. The imperial court couldn't let such an important thing like the railway go unnoticed, and if the imperial court didn't come forward to manage it, it would inevitably be very chaotic.

With the intervention of the imperial court, this railway can be managed and maintained in the same way as the previous official roads, post stations, and post roads, and everyone is more at ease.

Otherwise, the rails on this railway are made of iron, and the sleepers are made of high-quality wood. If you encounter some troublemakers, maybe someone will go back and steal the rails and sleepers.

With the intervention of the imperial court, it will be different. With an order, who would dare to steal the rails and sleepers?Unless you don't want to live anymore.

The second thing is that the imperial court issued a five-year railway plan.

In the five-year railway plan, it is described in detail that the imperial court will plan and start construction of multiple main railway lines in the next five years, and the method is to adopt the unified standard, imperial operation, and public-private combination model proposed by Liu Jin.

For all the main railway lines, the imperial court will provide part of the funds, and the remaining funds will be publicly raised from the whole society through the exchange. After the railway is completed, the imperial court will be responsible for the operation, management and maintenance, and the benefits will be distributed according to the shares. Comply with the listing rules of the exchange and accept the supervision of shareholders.

Seeing this, everyone immediately felt more at ease.

To be honest, compared with private individuals, everyone naturally trusts the imperial court, the country and the emperor more. If private individuals plan to build railways, everyone has to worry about whether these major shareholders will swallow up your money.

Now that the imperial court is here to operate and manage it, everyone will feel more at ease.

"On November [-]th, we will publicly raise funds from the whole society for the construction of the Jinghe Railway. The Jinghe Railway is a railway from Beijing to Hezhong. It passes through Shanxi, Grassland, Ningxia, Gansu, Western Regions, and Hezhong. The total length is expected to exceed one Wanli, the imperial court invested [-] million taels of silver, privately raised [-] million taels of money, and publicly raised [-] million taels of silver."

"Raise [-] million taels of silver!"

As soon as the news came out, everyone in the entire exchange couldn't help being amazed.

What a huge number to raise [-] million taels of silver at once. It is simply astronomically huge. It would cost [-] million taels of silver to build such a railway. On average, the cost of one kilometer is as high as [-] taels of silver.

But this is not the most important thing. The most important thing is that the privately raised funds have already reached almost 3 million taels of silver. The rich people in Ming Dynasty are really scary.

Nearly [-] taels of silver can be raised easily, which is really terrifying. In the past, I always felt that silver was valuable and it was difficult to get it.

But now, hundreds of millions of taels of silver have been obtained at every turn, which shows that Daming is rich.

"The stock of the Jinghe Railway must be bought. This is the main artery of the East and West. It is related to my control over the Western Regions, Hezhong, and grassland areas. With this railway, it will be much more convenient to go to the Western Regions and Hezhong areas in the future."

"I think the Beijing-Hangzhou Railway is more valuable. It connects Tianjin, Beizhili, Shandong, Nanzhili, Jiangnan, and Zhejiang, which are the wealthiest areas in Ming Dynasty. The future profitability will definitely be better."

"It's all right, anyway, as long as it's a railway stock, you can buy it~"

(End of this chapter)