1407 Stock Market
"It is precisely because we have seen all your difficulties that we have tailored a plan to save your life with shares, that is, to set up the first stock market in the Qing Dynasty in Suzhou City!"
Liu hesitated to live up to the new name of Hesitation given by the prime minister, and in the hall he sometimes stood, sometimes strolled, sometimes emotional, sometimes soft-spoken...... His aura had suppressed Chong Shang, everyone's eyes turned with his figure, and everyone's emotions rose and fell with his words. Pen | fun | pavilion www. biquge。 info
The stock market is not uncommon for Xiao Letian and is also common for foreigners, but it is definitely a new thing for businessmen in the late Qing Dynasty.
A firm, for example, Sang Ye's industry, 10,000 acres of mulberry fields and other workshops, this is the assets of Sang Ye's business, which belong to fixed assets, and these fixed assets can be split with shares.
If Sang Ye's assets are worth one million taels of silver, then he can set a number of shares by himself, let's say one million shares, so that the net assets of one share are one or two silver.
Now Sang Ye's problem is that there is no shortage of fixed assets, and the cash flow is cut off, and he wants to borrow a loan shark but is afraid that he will not be able to repay it, and he can't go through the procedures to find a loan from Lotte Bank.
Sang Ye can take out 200,000 shares, that is, 200,000 shares, and put them on the market for sale, don't worry that no one wants them, with Sang Ye's reputation, his family's shares are definitely good assets, and someone will take as much as he throws in the stock market.
Throw out 200,000 shares in exchange for 200,000 cash, which is cash without any interest and you don't need to repay the principal, you can rest assured that you can use it boldly for 10,000 years.
Now the first problem is solved, the problem of money shortage is solved, and the second problem of fear of high interest rates is also self-defeating.
The third question is not a problem: Aren't you afraid that your assets will be taken away? Aren't you afraid that the management rights will change hands? It's easy to do! Don't sell more than half of your total share capital in the secondary market.
As long as you ensure that you have 60% of the shares in your hands, then you will always be the big boss of these industries, and your words still count.
Of course, if you get it, you have to pay, and people in the market buy your stocks, this kind of behavior is not a kind of good deeds, but a demand for returns.
And the return is the annual dividend, which is the most basic requirement!
Liu hesitated and said sharply, "When someone buys your stock, you must ensure profit dividends, any listed company that does not pay dividends is a stinky hooligan, and the whole market will abandon him...... Suppose your Sang Ye's 1 million assets are split into 1 million shares, and after a year of hard work, you find that your assets have become 1.2 million taels at the end of the year!"
"This means that if you increase by 20% of each share, that is, 20%, then all the people who buy your shares in the secondary market can take the shares and ask you for dividends...... Remember, you don't have to give him the principal, but the dividends must be paid! Actually, you all know this, don't you also have dry stocks that eat dividends in your private business?"
For example, if I take Sang Ye's 1,000 shares of stock, and when the time comes to find you at the specified time, you will have to give me 20% of the dividend, two hundred taels of silver!"
"But what if we lose money in business, what if the people trouble us?" someone asked suspiciously.
Since it is called the stock market, there will definitely be buying and selling, and the people buy directly issued stocks from your merchants, which we will call the primary market for the time being...... And relying on the primary market in addition to the secondary market, you should not forget!"
"Let's take Sang Ye as an example, for example, Sang Ye released 200,000 shares, at the beginning, the people could only go to the primary market to find Sang Ye to buy it in person, but Sang Ye sold 200,000 shares, so he was reluctant to sell, because he was afraid that the right to operate would be taken away......
"But Sang Ye's business is really booming, and the annual dividends can be divided into 30%, if the dividends are distributed to 30% at the end of the year, do you say that the people who have not bought stocks are very anxious?
"Yes, but Sang Ye just doesn't sell, and then the secondary market will show its power! It is precisely because Sang Ye's stocks are so sought-after that some people will take out some of their stocks and sell them because they are in a hurry to use money!"
"For example, it is Boss Jia who sells stocks, and I am the one who wants to buy stocks, you lion opened your mouth to be one or two taels of silver per share, and you want two taels of silver per share at once, which means that your original investment has doubled your profits!"
"Of course, two taels of silver is too expensive, I don't want to sell it, and someone next to me bid one or two or six cents of silver for a share, I think it's cheap, I'll buy his stock, so it looks like I spent six cents more than you to buy a share, but I'm optimistic about Sang Ye's profitability, six cents of silver is just a year or two of hard work to earn back, in the long run, this deal is worth it!"
"At this time, the price of a single share generated by my trading behavior is the value of the stock!"
"This is an algorithm for increasing value, your problem just now is actually a depreciation algorithm, if you can't buy and sell, of course the stock price will plummet, because the people are not optimistic about you......"
"But if you are not optimistic, you can't be asked to return the stock, because everyone should be responsible for their own behavior, and the decision you made at the beginning, whether it is bitter or sweet, should be borne by himself, and if he loses money, he will sell it, who makes him not have a good vision......
All the people present were smart people, and the essence of this kind of transaction was understood at all, and they even saw the business opportunities in it at a glance.
"Oh! This secondary market can be carried out! On weekdays, the big guys still fry raw silk, new tea, and cotton cloth, and now that there are such stocks that can pay dividends, there will definitely be a large number of people pouring in to speculate......
"Just for the appeal of all of us, just for the fame of our industries, the people in Jiangnan are not rushing to buy our stocks! Hahaha, now developed!"
"Genius, really genius, just like this, the crisis of money shortage has been solved, and a new way to make money has been created for everyone!"
Just when everyone was talking about it with great interest, the salt merchant Wen Caishen suddenly spoke: "What Mr. Hesitant said is very good, but I still have two questions, first of all, who will choose the merchants who can enter this market? You can't just enter the market and sell your own stocks, right? Those garbage transactions that can't be operated should also be included?"
"Secondly, and it is also a very critical question, when this market was just established, where can I find the first funds?
This is asked about the actual operation level, Liu hesitated to arrange for him to nod at Wang Liuyi, and Boss Wang took out the preparatory regulations that had been prepared a long time ago and read them one by one.
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