"Doubled? Won't 20,000 taels become 40,000 taels? "Emperor Chongzhen was taken aback - is this silver falling from the sky?

"That's right! That's right! Zhu Cihuan nodded again and again.

Chongzhen said: "Hurry up and sell it!" ”

"It's already sold, and it's sold as soon as it opens." Zhu Cihuan said with a smile, "After deducting commissions, transaction taxes and interest on borrowed money, there is always 19,000 taels to earn." ”

"Okay, okay, Huan'er will finally make money! That's right......" Emperor Chongzhen remembered Zhu Cijiong and Zhu Cizhao at this time, "Cijiong, Cizhao, did you two buy any tickets for this stock?" ”

"I bought it," Zhu Cijiong nodded, "Erchen also subscribed for 20 shares when the United States ordinary shares were on sale, and the day before yesterday, when the United States shares were listed in Shanghai, he bought another 80 shares. ”

Zhu Cizhao also nodded: "Erchen, like the third brother, subscribed for 20 shares, and added 80 shares for the listing, holding a total of 100 shares in hand." ”

"What?" Emperor Chongzhen was stunned, "Why don't you buy more when it's cheap, but wait until it's up?" ”

Zhu Cijiong said: "My father doesn't know that the ordinary shares of this United States are not open for sale, and the sons can only get 20 shares, and they can't buy more. ”

Zhu Cizhao also said: "Yes, Erchen can only get these." ”

Zhu Cixiong, who followed Zhu Cizhao's buttocks, also said: "Father, son-in-law also got 20 shares, but they didn't buy or sell them after they were listed. ”

It turned out that the placement of 20 new shares of the United States of Common Shares was a benefit to the kings, and everyone had it.

"Cijiong, Cizhao, why do you still buy expensive United States stocks?" Emperor Chongzhen still doesn't understand, he doesn't know how to speculate in stocks, and he doesn't know how to invest!

Zhu Cijiong said with a smile: "Father, the son wants to open a mule and horse farm in the American Mansion, and needs to buy land, so he made a whole deal, 100 shares of United States shares can be exchanged for 30,000 acres of grassland, and a medium-sized mule and horse farm can be opened." ”

Zhu Cihong, who was on the side, heard his brother say this, and also nodded lightly, expressing his approval - the demand for mules and horses in the New Island Republic is almost unlimited, and the investment of the acting king cannot be compensated.

And this prince has invested heavily in breeding horses and mules, and he has chosen the right way, he has a large area of pasture in his hands, and he is good at raising horses, and he is also close to North China and Northeast China, where large farms are all over the world, and he can also get Persh horse breeding from his good brother (Zhu Cihong), so the "loan king" has now become the "horse king".

"Zhao'er, why did you buy it?" Emperor Chongzhen asked Zhu Cizhao again.

"Hey, Erchen doesn't understand this ......" Zhu Cizhao waved his hand and said with a smile, "This is all bought by Yao Daqiao, Erchen's stock dealer." ”

"Stock Tooth Dealer?" Chongzhen asked curiously, "What is this for?" ”

Zhu Cizhao explained: "It is a businessman who helps customers buy and sell stocks...... Erchen was young and out of school, and his temperament was lazy, and he didn't know anything, so he could only entrust others. This Yao Bridge was originally a rice merchant in the Huguang area, because he went to Nanyang to make a living in troubled times, and was used by his ministers as an official businessman, and he was quite capable of trafficking timber and ivory between Siam, Jinghai, Guangfu, Quanzhou, and Shanghai.

Later, when Shanghai's stock and bond trading was booming, he proposed to set up a stock bank, and asked him to take the spare money that his sons had to Shanghai to make a small profit. ”

Zhu Cizhao is actually a hands-off shopkeeper, and the real power is his princess Qiu Mengmei. And Qiu Mengmei is a woman, of course, it is impossible to do everything herself, so her ability lies in employing people.

Chongzhen asked: "Then this tooth merchant surnamed Yao made money in Shanghai?" ”

"I've earned it," Zhu Cizhao nodded again and again, "I've made a lot of money in the past few years!" There are always two or three hundred thousand taels of everything! ”

That's a lot! Zhu Cihuan's eyes turned red all of a sudden!

"Does he think the stock of the United States can still go up?" The king of Chongqing hurriedly interjected.

"Yes!" Zhu Cizhao said, "He is not alone in being bullish, he also has a group of small tooth merchants under his hands, all of whom are bullish, at least two thousand more!" ”

"Two thousand? That's ......"

Zhu Cizhao smiled: "It's four thousand taels!" ”

Sold early?

Zhu Cihuan chuckled in his heart, and thought again: I must find that Yao Daqiao to ask for advice when I go back......

Chongzhen was skeptical, and then set his eyes on Zhu Cihong - I heard that he is the richest in the Ming Dynasty, so he should know about stocks, right?

"Cihong, what do you think?" Chongzhen asked.

"Erchen can't understand," Zhu Cihong shook his head, "Erchen has a lot of opportunities, where can he manage the trading of stocks and bonds?" Besides, it's a businessman's business...... The imperial court only collects taxes and supervises, and does not ask about anything else. ”

The feudal debt turmoil many years ago was not the end of the Daming capital market, but a beginning!

Although many people speculated on feudal debts and lost money, after the turmoil of feudal debts, the capital market of Daming still developed, but the trading center was no longer Wuhan, but moved to Shanghai, where giant merchants gathered.

In order to protect small and medium-sized investors, Zhu Cihong passed legislation to increase the face value of stocks and bonds - the face value of stocks is as low as 1,000 taels of silver, and the face value of bonds is as low as 100 taels of silver.

According to Zhu Cihong's many years of experience in his previous life, the probability of small and medium-sized investors losing money in the securities market is very high, so excluding them is the best protection.

Although small and medium-sized investors were excluded from stock trading by high par value, securities trading in Shanghai, Nanjing and other places gradually became active.

First of all, the land voucher has become popular a few - there is no way to exclude small and medium-sized investors from the land voucher, and the land is so eye-catching!

Now that the industrial revolution has not yet begun, the capitalism of the Ming Dynasty is still in the stage of factory handicrafts, and many handicraftsmen have not forgotten the pastoral life, and always want to go back to ploughing the fields one day......

After the boom in land vouchers, stock trading has gradually become active. This is because after excluding small and medium-sized investors, the primary market for stocks is beneficial to investors - without leeks to cut, large investors become calculating, hoping that the commercial banks that issue shares can provide sufficient returns. Those big investors are sharp-eyed, so it is basically difficult for high-quality commercial banks to raise funds from Daming's stock market.

Commercial banks that can raise funds can often give investors good returns...... So over the past many years, most stock prices have been rising.

Otherwise, why would Yao Daqiao, who had lost only half a street of debts, make money for Zhu Cizhao? It's not that he has a lot of skills, but the general trend of the market is to rise!

The United States stock is very special – it is not a stock in the true sense of the word, but a combination of debt and land bonds. But its investment value is still clear, which is equivalent to one or two silver for one acre of land!

Nothing for Europeans, who had a small population and who also owned most of the Americas. But for tens of millions of Ming people, land is worth a lot of money!

Therefore, even if the stock of the United States doubles to two taels of silver per acre, it is still worth the money.

As for the rise to 4,000 taels of one share, it is equivalent to four taels of silver per acre of land...... It seems a bit expensive!

But Zhu Cihuan didn't think about it so much, he just regretted selling stocks early!

Moreover, through Zhu Cizhao's introduction, Zhu Cihuan also has a better understanding of stock trading, knows about stock dealers and stock dealers, and also knows that there are many kinds of stocks listed on the Shanghai Stock Exchange - he didn't know these before, he just subscribed for 20 shares of United States shares through a maritime commercial bank (maritime commercial bank also has a stock dental shop license), and filled out a entrusted sell order at the suggestion of the merchant bank's tooth person when subscribing. Therefore, as soon as the United States stock was listed, the tooth man of the maritime bank on the Shanghai Stock Exchange helped him sell it, and then sent him a "transaction notice" by expedited express, and he realized that he had earned more than 19,000 taels......

If it weren't for meeting Zhu Cizhao, a good brother, Zhu Cihuan's fate with the stock would have ended here. But now, Zhu Cihuan is heartbroken!