Da Ming Tai Shi

Chapter 427 Crazy Stock Market

In the second year of Kyushu, the first day of April.

This is a day destined to be recorded in Chinese history.

Because of this day, the Guangzhou Stock Exchange was established!

This is new to the local people in Guangzhou, new to officials in Guangzhou and even Guangdong, and new to businessmen from all over the world who come to Guangzhou to pan for gold.

Even the Arab merchants looked fresh.

Because the first company to issue shares in history was the East India Company after colonizing India, and the place of issue was the Amsterdam Stock Exchange in the Netherlands.

Today's Guangzhou Stock Exchange is nearly 200 years earlier than the above.

On the first day of listing on the Guangzhou Stock Exchange, the only stock issued was the Chen Family Company, and the code printed on the stock certificate was Guangzhou 00001.

The issue price is one tael per share.

A total of 600 million copies were issued.

And less than a quarter of an hour after the issuance of Chen's stock, the first purchase was made.

A businessman from Arabia bought 150 million shares!
In just a split second, traders on the exchange immediately updated the stock price of this stock through the ancient way of flopping.

One twenty fifty texts.

Although the price has risen, more and more people are buying.

At first, it was just some Arab and Nanyang merchants who had business dealings with the Chen family. Soon, even the local people in Guangzhou began to join in the frenzied buying process. There was an exchange in Nuoda, and customers queuing up to buy could be seen everywhere.

The board in the exchange that displayed the price of the Chen family's stock was updated repeatedly by traders.

Finally, it stopped at the third quarter of Shen Zheng.

The price is set at two to three hundred cash!

In just one day, 600 million shares of the Chen family's shares were issued at a price of 680 million taels, which was more than 600 million higher than the 2000 million taels planned to be raised.

Of course, not that much money actually went into Chen Xi's hands.

Because there are a large number of stocks in the front that are traded and delivered at prices ranging from one tael to one tael to five hundred cash.

The average trading price of 600 million shares is only [-] Wen.

In other words, 400 million taels.

The exchange charged 350% of the transaction fee and confiscated the money, leaving [-] taels in the Guangdong bank account of the Chen family merchant.

Even so, Chen Xi had already lost his teeth in laughter, and everyone in the Chen family burst into laughter.

"Two thousand three hundred coins per share. My Chen family has a total share capital of 4000 million shares. Does that mean that the market value of my Chen family firm on the Guangzhou Stock Exchange has already reached 200 million taels?"

When Chen Jiading counted this number, he felt his mind was confused for a while.

"Money, so easy to earn?"

Chen Xi has to be steady at this time, he suppressed his equally excited heart and corrected: "The premise is that our Chen family's business will grow bigger and more prosperous in the future, otherwise, we will not be able to make money if we can't make money." Hong, who will continue to hold shares in our Chen family.

This time the stock price went up so much, it was driven by the help of Arab businessmen who are old with our Chen family. When they sell and cash out, the price is bound to fall back. The stock price is all fake, so don’t take it seriously. "

Don't take it seriously, but how can anyone not take it seriously?
Anyway, all the businessmen in Guangdong saw that the Chen family had made a lot of money this time, and they rushed into the Guangzhou Stock Exchange like crazy, thinking of queuing up to get their companies listed here.

Not every household makes money.

A salt merchant in Panyu also imitated the Chen family and listed the price of one tael of silver per share, but no one cared about it. The 500 million shares planned to be sold were listed on the exchange for seven consecutive days, but only less than [-] shares were sold. , It's ridiculous.

The stocks of salt merchants cannot be sold because the price of salt has been falling all the way in the past few years, the government’s salt subsidy policy has also begun to shrink, the Sichuan-Shaanxi Road has been opened up, and salt wells are blooming everywhere in Sichuan, so the salt price in the northwest and southwest has naturally been controlled. Salt merchants, where is the glory.

If the stocks cannot be sold, the money cannot be earned. People are anxious.

People die for money, and birds die for food. When there are more people who want to make money, it is inevitable that there will be a few bold and unconscionable people.

The two grain merchants conspired to make a false financial statement, and ordered the common people who rented and planted their own land to go to the stock exchange and start sweeping up the goods. They forcibly raised the initial stock price of [-] yuan to [-] yuan. Soon to attract the attention of Jiang Zhengxun, the first director of the Guangzhou Stock Regulatory Bureau.

"Food prices have been stagnant for many years. How can they make so much money selling food?"

A trader jokingly added: "Boss, these two grain merchants said that their fields are ripe three times a year, and one mu of land can produce fifteen shi of grain a year."

"Fuck the fuck up."

Jiang Zhengxun spit out his dirty mouth directly: "His family's land is full of cornucopias, if one mu of land is cooked for five stones of grain, the common people in Guangdong would not have made trouble with the imperial court in the past few hundred years.

In the past dynasties, there were not so many people who peeled bark and ate grass roots. It must be fake, check! "

In fact, let alone Jiang Zhengxun's doubts, the two grain merchants were also afraid after seeing the stock price soaring three times.

Ordinary people who follow the trend do not have the basic judgment. Seeing that everyone is scrambling to buy, traders don’t care so much. If the supply exceeds the demand, the price will go up.

Anyway, they trade with a [-]% transaction fee. The higher the price, the more the country's income. These traders receive salaries.

Now that the troubles have come to this point, neither of the two grain merchants has escaped, and Jiang Zhengxun has thoroughly checked them out.

Falsifying financial statements and driving up stock prices.

Not only the stocks of his own firm were forcibly delisted, but all his property was also confiscated.

Ordinary people who bought stocks got their money back in the bank. As for the extra money that was not obtained from the house raids, of course it was confiscated.

There is no need to sit in prison, but the two big grain merchants who used to have five people and six people have changed into paupers.

"This kind of person is not worthy of pity."

Li Shuhong lay happily on the recliner in his study, and asked the housekeeper to drive away the two major grain merchants who came to beg, and said leisurely: "I have reminded them a long time ago. The stock exchange has just been listed, and the imperial court is strict. If you play like this, your brain will be eaten by dogs.

Besides, food has a price, and the red line of the imperial court is placed there. It is not a year of catastrophe, it cannot rise, and if the price of food does not rise, how can the stock price rise?
Saying that the output in the field has doubled, only the two of them can come up with such a reason, which is ridiculous. "

"A person who usually looks very smart, why is he thinking about money, he is as stupid as a pig."

"By the way, how is the stock price of our Li family?"

The housekeeper quickly said: "It's okay, today it's increased by another 750 Wen, and it's fixed at [-] Wen."

"Damn it." Li Shuhong cursed in a low voice: "The Chen family's price has gone to the sky, and Jiang Zhengxun didn't even check."

"I heard that it was speculated by several Arab businessmen."

The butler said cautiously: "The Chen family has controlled the Guangzhou Shipping Department for many years, and they have a good relationship with many merchants from Arabia and Nanyang. A smart boy to report to Jiang Zhengxun?"

"do not!"

Li Shuhong was taken aback and quickly stopped: "Jiang Zhengxun is willing to investigate that it is a matter of the court. We can't stab a knife in the dark. If we see the light, our family will break the rules. That old fox Chen Xi hasn't killed us yet."

"Furthermore, everyone plays like that, so don't end up losing both sides."

"Sooner or later, the tyrant's money will be returned in full. What we earn is the money of the common people and those small businessmen."

Li Shuhong sat back triumphantly, closed his eyes and hummed: "By the way, I remember that Old Suntou's son was admitted to the Yamen last year, didn't he?"

"Yes, I was lucky enough to be assigned to this year's stock market supervision bureau. Lao Sun, a tenant who has never raised his head in his whole life, is now getting his tail in the sky. Who is going to look like a dog?"

"The Stock Regulatory Bureau is holding our lifeblood. He is crazy, and he should."

Li Shuhong closed his eyes and waved his hands: "Find someone who has friendship with Old Suntou and tell him that I will treat him to dinner. By the way, I will give him a thousand shares of our family's stock as a gift."

One thousand shares is more than 700 taels of silver.

The housekeeper was surprised and said: "This old grandson has been farming his whole life, and he didn't even earn a fraction of it. How much is he given?"

"To deal with this kind of poor guy, he has to be stunned as soon as he makes a move."

Li Shuhong chuckled: "I don't believe that he, an old farmer, can still hold on. Doesn't he have a son who can live up to his expectations? It depends on his father, he can't live up to his expectations, hahahaha."

(End of this chapter)