261 shares issued
After a day of quarrels yesterday, Shang Wen and Ying Yu finally made a compromise on both sides. An agreement was reached.
After a period of operation, Yingyu's assets have rapidly expanded from the original 1,000 gold to 5,000 gold. If this military order is added, its assets may rise rapidly to 30,000 gold. That's a staggering number.
Therefore, Yingyu's one-sided belief that no one cares anyway, and the more hair, the better. You know, I know. God knows, earth knows. That's it.
However, Shang Wen believes that such an issuance may bring about an unfavorable situation for issuance. After all, this is the first stock of the Qin State. With the current situation of the Qin State, bonds have just replaced the position of money, and the metal currency and the bonds that exercise the function of paper money are in a chaotic situation. The receptivity of the population, and the purchasing power are not yet known, so the reckless mass distribution. There is a high probability that he will die all at once. Moreover, it is subject to the payment of dividends. The amount of dividends, as well as the amount of dividends, is also directly related to the value of the stock.
Therefore, Shang Wen resolutely disagrees with this method, and in terms of face value, Shang Wen believes that the purchase value of the current common people in the Qin State should be seriously considered. It is best to set the price between one and a half taels to three and a half taels.
But Yingyu didn't think about these at all. It is believed that stocks can be issued in large denominations like bonds, and it is better to issue stocks with large denominations such as ten gold. Shang Wen thinks that Yingyu is crazy to make money. The atmosphere on both sides suddenly fell into a state of cold war.
But in the end, Shang Wen made a compromise. Agreed to issue another 1,000 gold on top of the original 1,000 gold. But the par value should be set at two and a half taels. This is absolutely not allowed to be changed.
Yingyu didn't know the truth of this at all, and saw Shang Wen make a compromise. Although I was a little reluctant, I reluctantly agreed. The next day, the shares were officially issued.
The location of the issue was chosen in an abandoned tavern on the edge of the Xianyang city wall. After a simple cleaning, it barely opened.
Walls, walls. Shang Wen looked at the high city wall and felt a little funny. It's a lot like Wall Street in the United States. The stock exchange was built on the edge of the city walls. WALLγ Wall Street, Wall Street, stock exchange, symbol of finance. Now the Qin State is even going to build its own financial empire on the edge of its own walls. Shang Wen always felt that he had a sense of dislocation in the times. I always feel that all this in front of me is not true.
"Hey. Nerd, what do you think about that. Come over and command, how to do it. Yingyu yelled dissatisfied.
"Oh." Shang Wen stopped this suspicion and returned to the first securities company and stock exchange in the Qin State.
According to Shang Wen's meaning, there must first be a large blackboard. It should be marked at all times at which the stock is trading. The chalkboard is huge. It's twenty feet tall. There is only one stock company on it. Wenyang Gun Factory. This princess did not shy away from her title at all, and openly played a name like Wenyang. The first person in the history of the Qin State.
In addition to the blackboards, there are also a large number of counters. and a large number of paper declarations. The above uses Arabic numerals to explain the numbers above. Arabic numerals had already begun to be used on Qin's bonds, but Shang Wen did not know how widespread they were. But in order to reduce the hassle, it has to be explained so many times.
Customers only need to fill in the quantity, type, no need to fill in the type at all, only one stock. Price. Then make the payment, and that's it. Stocks are traded in full, not on the margin system used in the United States at that time. Mainly, Shang Wen is afraid of trouble that shouldn't have happened. Plus the first release. After a simple comparison, if it can be implemented on a large scale, it will be enough to implement the margin system.
To create momentum. Shang Wen specially made two artillery battles, gunpowder is now a forbidden item in the Qin State, only Shang Wen's arsenal has it, and paper is a luxury item. Such extravagance Lang Fei Shangwen felt uncomfortable.
Two cannon shots. Represents the beginning of the issuance of this stock. People entering and leaving the city were quickly attracted by the deafening sound.
The attendants in the palace shouted loudly in a duck voice, explaining the benefits of the stock.
"Come and buy it. The gun factory of Princess Wenyang of the Great Qin State issues shares, and with this, there will be objective dividends every year, and if the gun factory is good, there will be dividends to share. The ducks tried their best to explain the benefits.
Many onlookers heard that it was the eldest princess of the Great Qin Kingdom who issued shares. Many people have not heard of stocks, and most of them have just accepted the first bond of the Qin State, and they are at a loss for a moment and decide to take another look. So many are on the sidelines.
The duck's throat did not move. Then he shouted loudly again, "Come and buy it." The par value is two and a half taels, and the issue price is one and a half twenty eighty cents. After that, there is no more. The crowd began to hesitate and probe one another. At this time, a young ** dared to shout: "This is true." β
"That's not it, hurry up and go in and fill out the form, you won't be able to buy it in a while." The young man hurried in. There's the first, there's the second, and then there's the third. That young man was the one Shang Wen was looking for, and there was no way. If this approach is not taken, the stock situation will suddenly freeze there. Besides, this method is very common in stock trading methods. In order to increase the illusion of selling, the dealer will often be able to raise the price, deliberately creating the illusion that the dealer is buying in large quantities.
Soon the counter was overcrowded. Although these people made a lot of mistakes when filling out the form, it did not hinder their enthusiasm for buying stocks.
According to Shangwen's meaning, the price began to rise. Soon the price on the blackboard had exceeded the face value, and although the number of people was a little less, the price had dropped to one and a half two hundred and ninety-seven cents. But soon, the price skyrocketed. This is because Shang Wen properly let the ducks let out the voices of the Wenyang Gun Factory has received an order for about 150,000 muskets. All of a sudden, the price of the stock rose rapidly. The price broke through five and a half taels at once.
Yingyu couldn't close her mouth happily. "Great, great. It rose to five and a half taels all at once. β
"Hmph." Yingyu quickly turned her face. "I said it didn't matter if I should sell a little more. You see. They bought a lot of money. β
"It's noon, Mingjin. Closed. Shang Wen shouted loudly.
"What, Mingjin, close. Sold well, how did it close. Yingyu shouted dissatisfiedly.
"It's a matter of the trading system. Closed. Closed. Shang Wen waved his hand.
Drumming sent troops, and Mingjin collected troops. Mingjin is also used in stock trading, although many people did not buy it, and felt very regretful, seeing that it had risen so much at once. It's very bad in my heart. But I heard that there was still one in the afternoon. And he rejoiced again.
The issuance of shares is a victory.