The sun never sets in America

Chapter 217 Xijing Exchange

Chapter 217 Xijing Exchange

Xijing City, Jinyu District...

This district is the fifth district of Xijing. Unlike the previous districts, this district mainly provides supporting financial services for Han Dynasty.

As the only major country in the Americas, it is very unreasonable for Han to not have its own financial exchange.

Very early on, someone proposed to open a financial exchange, but it was always blocked by some mysterious force.

An early memorial even criticized those who called for the establishment of an exchange.

For example, Murong Jing, a famous official troll in Han Dynasty, has repeatedly criticized the current status quo. (This person is famous for spraying Yan Jun more than ten times, and secretly calling Yan Jun and his gang "Yan dogs")

In last year's letter to Liu Peng asking for a financial ban, he wrote:

"Everything in the world is related to wealth. However, the wealthy merchants and wealthy families have a lot of money, and the common people are few. Now some people are talking about opening a financial exchange, which is actually a move that harms the people. The exchanges opened by Westerners will converge the world." Wealth, and private transactions with it, when the economy is still good, the market absorbs the country's wealth, and it is called a bull market; if the country's economy declines, it plummets, and it is called a bear market..."

"However, in a bull market, ordinary people can only gain very little, and even occasionally suffer losses. If it enters a bear market, ordinary people will be the first to be attacked. It can be said that they drink soup when they are prosperous and are waiting to be slaughtered when they are weak. They are like shepherds tending sheep. It is not love. Sheep are cut to eat meat..."

"And the so-called finance is just empty talk. The wealth accumulated is the wealth of the world's industry. It is also virtual wealth and not the wealth of the country!!"

"And the trading market connects the national economy. The deeper the connection, the more restrictive it is. Westerners often have stock market crashes, economic turmoil, and people going bankrupt. This is also the case. If all these are not controlled and promoted in our country, the country will be in trouble. There may be economic kidnapping or decline!!”

"Therefore, opening a trading market is a harmful act that brings disaster to the country and the people. It is something that sages will not do and sages will not go to..." Murong Jing praised Liu Peng very highly here, but in fact it was still a way for ministers to kidnap the king.

"I hope His Majesty's Holy Judgment..."

Murong Jing, the censor of Xijing in the censorship station, said the words.

(The Han Dynasty censorship department was divided into several levels, including municipal censorship, provincial censorship, and central censorship like Murong Jing)

As for Liu Peng's comment on this, I'm sorry, I don't have any comment, so I will just leave it unpublished.

This is also Liu Peng's best way to deal with those opponents. If Gu doesn't look at it or express his position, who can do anything to Gu? ?

With Liu Peng's tacit approval, the proposal for the Xijing Exchange was initially approved at the capital cabinet meeting at the end of last year.

At the beginning of this year, another area was built near the northern district of Xijing to serve as the residence of the Xijing Exchange and even some financial companies in the future.

And today, April 30th, the last day at the end of this month, happens to be the opening of the Xijing Exchange in Jinyu District.

Crackling... crackling...

Whoosh...

From Caishen Street in Jinyu District to the end of the street, a short distance of 400 meters was filled with the sound of firecrackers and fireworks.

Because it was daytime, when the fireworks were shot in the sky, they were actually just a ball of exploding white smoke, with no color at all.

The firecrackers have been going off for half an hour, so that the whole street is full of red firecracker shells. I guess tomorrow will be very busy.

"Please come in..."

"welcome……"

"Haha, Boss Rong!!"

"Wen Mayor!!"

Wen Chaoxiong, the current mayor of Xijing, greeted the prominent figures in Xijing outside the door.

Among these people were wealthy businessmen, wealthy nobles, and specially invited scholars and media.

They all received red envelopes, and they all knew what they were doing when receiving red envelopes! !

After everyone had arrived, Wen Chaoxiong went up to the stage, stood under a covered plaque, looked around, and said: "Dear guests and friends, today is the grand opening day of our Xijing Trading Market in Han Dynasty. I would like to express my gratitude to everyone for their support." After finishing speaking, Mayor Wen bowed to everyone below.

"His Majesty said that if our country wants to be strong and prosperous, it is not enough to just have industry. This industry must be embodied. As for what is concrete, it is to be listed on the market. As long as it is listed on the market, everyone can share the dividends of economic development... "

Wen Chaoxiong talked about the benefits of the so-called exchange to the Han economy and the Han people.

clap clap clap...

As soon as Wen Chaoxiong finished speaking, everyone applauded.

Whether they are sincere or not, their desire for the trading market to open is real.

After all, only in this way can everyone make more money, invest it in the industries that are most needed at present, and earn more profits.

"Unveiling..."

Following Wen Chaoxiong's order, a red hijab was removed, revealing four big characters.

Make money all over the world! !

It just happened to be right with the financial guard outside the exchange.

clap clap clap...

There was another burst of intensive applause that was almost flattering.

On that day, several companies had already started to go public.

The exchange was crowded with people, as if it was Chinese New Year.

"Xijing Steel, give me 10,000 shares."

"Give me eight thousand shares..."

"I want five thousand shares..."

Outside a window of the exchange, a large number of people came to buy stocks, forming a long queue. Outside the window, there was a lively chatter.

"Come one by one, don't be hasty, everyone should line up first." The security guard responsible for maintaining order rearranged these people into formation.

"I came first, why should I let him go in front?"

"Yes, I came first too, why is this bastard in front of me?"

"Why..."

It didn't take long before someone started fighting. In the exchange, extra security had to be deployed to maintain order.

On the other side, in a building with a huge copper coin in front of the door, a listing ceremony was being held.

"Congratulations, congratulations..."

"Same joy, same joy..."

Li Changwen, chairman of Hanguo Railway, shook hands with those who wished him congratulations.

According to the restructuring requirements of the Han State Cabinet, all Han State government-owned enterprises, except those with small capital, and those with large capital, such as the Han State Railway, are just in the standard for listing.

According to the current evaluation of Hanguo Railway, the company's total assets exceed 200 million yuan, and in addition are liabilities. The total liabilities exceed 120 million yuan. It is the enterprise with the most liabilities but the heaviest assets in Hanguo.

Judging from Hanguo's strategy, it is impossible for this company to make a profit for at least the next twenty years, because according to the current financial report disclosure.

Of the more than 18,000 kilometers of railways in the entire Han Dynasty, only about 4,000 kilometers are profitable. Most of these railways are concentrated in Hanzhou Province and other surrounding areas.

The rest of the areas were basically in a state of loss. Especially later, when labor prices rose and land acquisition prices increased, the cost of building a kilometer of railway has increased from the earliest 10,000 yuan per kilometer to 12,000 yuan. This is not to say that the industry of Han Dynasty There is no progress. On the contrary, both steel prices and machine usage costs have dropped a lot, but this cannot withstand rising wages.

At present, a railway maintenance worker in Han country earns about nine yuan a month. This figure is at the mid-level level in Han country, much higher than the average of six or seven yuan.

What's even more frightening is that the Han Dynasty's railways have not yet been completed. According to the current plan, at least 90,000 kilometers of railways will be built. The consumption involved is astronomical and is a figure that most people dare not even think about.

Because the expenses were too high, going public to raise funds became the only option for Hanguo Railway Company.

dong dong...

With Li Wenchang's three gongs, Hanguo Railway Company was officially listed.

"piece……"

"One piece for one."     "One piece for two."

"One dollar and five..."

There is a local blackboard hanging in the exchange hall. From time to time, someone is erasing it and writing on it.

These numbers also represent the current stock price of Hanguo Railway Company. Judging from the upward trend, Hanguo Railway Company, a company with heavy assets and high security, is still very popular in Hanguo.

Even though the company is still losing money, everyone believes that Hantie's future will be better.

"Give me a thousand shares."

"Sorry, the market is closed today."

In a trading window, facing the late arrival of customers, the trader put a sign with the market closed underneath on the table.

"The market is closed, what market is closed, I will give you money, but you don't want it." The man was still a little unwilling. After all, the money in his pocket was just taken out from the bank, and it belonged to his wife Ben. I heard that today Han The iron price had risen by half, and he couldn't help it. Like most people, he withdrew money and went to the Xijing Exchange.

"Yes, we finally came here, so we have to buy some, right?"

"Little brother, sell me some." Someone even took out a cigarette case from his pocket, smoked a cigarette, and handed it to the trader in the window.

"Buy some..."

"Buy some..."

For a time, a good exchange was turned into a wet market. In Europe, where the financial industry is developed, no one would ask such a stupid question about this kind of simple financial knowledge, but in Han China, among those who have no exposure to stocks, That's how it is in people's hearts.

Spending money to buy stocks, in the eyes of many people, is the same as buying things, except that this thing can rise or fall, and can be cashed out.

"Quiet, quiet..."

The director of the exchange, Bai Shangen, who had just walked in, looked at the chatter in the exchange, which was like a vegetable market. His expression changed drastically and he immediately shouted to stop it.

For a person like him who has returned from studying in the UK, he is very tired of situations like this in Han.

Just like the owner of a soap company who wanted to go public, he thought that going public meant finding ways to go public, giving him money, treating him to meals, and visiting brothels.

Unexpectedly, he just reviewed the information and was speechless. After a final check, he found out that he was already insolvent, so why did he come to go public?

When he rejected the other party, the soap boss even said: "Isn't this exchange just a transaction? It's not so round and round. I think I'm not qualified enough to get into your eyes, Mr. Bai!!" " Inside and outside the words, they were scolding him for being ignorant.

This is also the main reason why he is very annoyed at the exchange now.

"Everyone, our Xijing Exchange works five days a week. We are closed on Saturdays and Sundays and do not open the market. The market is usually closed from 9 am to 12 noon, and from 2 pm to 6 pm, so you have to come. Tomorrow morning, Or in the afternoon, tomorrow happens to be Thursday, and there are two days left..." Bai Shangen calmed down his inner emotions and explained to those on the exchange why the market was closed. (Han also implemented a seven-day week system)

After hearing this, even the most stubborn person could only leave the exchange, but what these people said did not sound good.

"Damn it, I thought it was some kind of powerful place, but I didn't expect it to be a rigid government office that follows the rules and doesn't even make any money."

“Look, these guys are so stupid with official salaries that they don’t know what they are doing!!”

"Haha, who says it's not?!"

“If you don’t make money, you are just a bastard!!”

The corners of Bai Shangen's mouth kept twitching. After the group left, he uttered:

“The people need education!!”

.............................................

"The Hanguo Railway surged yesterday. The closing price was one yuan and a half, an increase of 50%."

"The total share price of Xijing Steel exceeded 8 million yuan, creating a new value for a Han Chinese steel company."

"Jinshan Pharmaceutical is about to go public, or it may create the latest record for raised funds." (This company is the largest pharmaceutical company in Han Dynasty. Many new drugs are developed by the company, such as Jinjibanna Pills, which sell very well in America and even Southeast Asia. )

"Professor Zhang Daxiao, who returned from the London Stock Exchange and has seven years of work experience, commented that the Chinese stock market will usher in a ten-year bull market and will create a new wealth myth!!"

"Yesterday's trading capital exceeded 9 million yuan, and today it is expected to exceed 10 million yuan."

The entire Xijing City fell into a state of agitation after the opening of the Xijing Exchange yesterday, and everyone was talking about stocks.

If you haven't bought stocks, your relatives and friends will still advise you to use your money to buy stocks. There is even a myth that someone bought 500,000 stocks, doubled in one day, and became a millionaire.

Although this kind of news is false, it cannot be false. After all, it is only nine million a day. How can someone make a million in one day? Isn't this stupid? ?

But I can’t resist some people’s propaganda. These people are spreading rumors about getting rich overnight. Not to mention, some people really believe it. After all, humans are animals who either love money, are greedy for sex, or are greedy for fame. There are very few people who have nothing. Greedy.

The stock market precisely captures the weaknesses of human nature. In addition, there is currently no daily limit in Han Dynasty, which makes the game even more exciting.

One thought of heaven, one moment of hell, it's not just talk, but because on the first day of opening, everyone rushed to buy stocks, so they couldn't see it.

Once this trend stops, it will be the most common escape and stampede in finance.

But judging from the current situation, basically this kind of thing will not happen for a long time. After all, this thing is still new, and many people buy it based on their feelings just like buying vegetables. As for this company, It doesn't matter if there are any problems or if the price is right.

The important thing is, if I buy it, I will make a profit. This is a common saying among people in Xijing. These people are also the earliest stock investors in Han Dynasty.

As for whether he is an old leek, that’s two questions! !

.........

"Oh, I said, I heard that the price has increased again today. In addition to the five listed companies yesterday, the four companies listed today, my dear, the price has increased by nine in one day. Just this... I can't buy it yet!!" (Han Guo is currently on the market. The review system is strict, and those that can be listed are high-quality assets among high-quality assets)

In a Cantonese-style teahouse that is popular in Xijing, a fat boss wearing an jade ring is talking to his friends about the hottest thing in the past two days, stocks! !

"Who says it's not the case? I asked my buddy to help me buy Hantie's stock this morning. Guess what, it was sold out, and those grandsons were still holding it in their hands. Are you angry about this? It’s so annoying!!” Another owner named Jin, a porcelain business owner, told several people about the Han Railway suspension of trading incident that happened this morning.

The main reason is that Hantie did not realize that it would be so popular at the beginning, so there were not many shares issued. Most of them were held by local and other government-owned companies. The stock price seemed to be high, but in fact the liquidity was very low.

This also led to the situation that Hantie shares could not be bought at all.

Several other companies, including Xijing Steel, are facing this problem.

The exchange had to persuade them to continue issuing additional shares to maintain market enthusiasm.

This kind of situation will never happen in future generations, even now. Good guy, the exchange will help you increase issuance, for fear that you will not increase enough.

This is giving money to this company. If the current regulatory laws are not perfect, in a few years, all the heads and heads in the exchanges will be imprisoned, and no one will be able to get out.

"If you look at it, this stock will probably increase in number. The news I got is that at least 30 companies will be listed on the market this month. Where is this? The days of making money are long. I'm afraid everyone will be spoiled for choice... "

Boss Zhou, who is engaged in the coal business, has a wide network of contacts and knows a lot of inside information, so when he speaks, everyone understands.

"If you ask me, can we also be listed on the market? I think the standard of annual income of five million yuan, we are more than enough!!" The boss of the textile company came up with a bold idea. .

"Yeah, whatever stocks you buy, we have to sell the stocks ourselves and make a lot of money!!"

"Yes, yes, we can also go public!!"

All of a sudden, all the bosses at the table having morning tea proposed plans to list their companies.

Only the coal boss Zhou just drank tea in silence and smiled at everything in front of him.

Because his Xihua Coal Company is about to go public, in the middle of this month.

So he can sit still on the Diaoyutai and watch the clouds roll and relax. That's right, Boss Zhou has such a mentality now.

In the Han cabinet, matters related to stocks were also very noisy.

Officials use stocks as a target for misleading the country and harming the people, and they continue to cause trouble, while supporters use data to show that the exchange is beneficial to the country and the people, and it should be continued in the long run.

When the lawsuit finally came to Liu Peng, he gave one sentence: "Finance, the country's major plan, cannot be easily destroyed, nor can it be complacent!!"

In a word, it can be done, but there must be a certain limit. If it exceeds that limit, it will be bad! !

 Ask for a reward, ask for a monthly ticket

  

 

(End of this chapter)

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