Taro Takeda sat alone in a remote corner, asked for a pot of tea, a few plates of snacks, and quietly listened to the tea guests.

After listening for a while, he heard the truth, it turned out that it was about the recent hot issue of running a shipyard, and of the various islands in the entire Far Eastern Kingdom, only Ezo Island was inhabited, and the rest only Sakhalin Island had a few mines.

Because Ezo is mainly inhabited, the government almost prohibits the hunting of fish and wild animals, saying that it is to preserve the most natural appearance of Ezo Island and leave a valuable natural wealth for future generations.

However, if people want to eat seafood and fish, they need primary raw materials for fur, and it is impossible to completely ban them, so the government allows them to fish and hunt on other islands except in spring, which requires a large number of boats.

Knowledgeable Japanese businessmen saw an opportunity, and some had already applied to the government to set up a shipyard, and the government was of course strongly supportive.

The tea guests were talking about the idea of establishing a large shipyard in partnership and establishing a leading position in the shipbuilding field in one fell swoop.

But then some people put forward a different opinion.

"I think everyone is still reckless, investing in a large shipyard is not a small matter, we ......"

"What? Ono-kun, are you so cowardly? This is clearly profitable, and there is a big market, otherwise the government would not have supported it. ”

Ono Taro was not angry when he heard his friend's ridicule, he Shi Shiran folded the fan before replying unhurriedly: "On the surface, this is indeed the case, but everyone ignores a very important fact, I can say for sure that if you do this, you will definitely regret it in the future." ”

"What facts? Please Ono-kun for some guidance, and let me wait for you. ”

"Everyone should admit that China's scientific and technological development is changing with each passing day!"

"Hmmm! That's true, but what does this have to do with shipbuilding? No matter how it changes, it's not about wood shipbuilding? It's just that the ship is different in shape, and it is made bigger and stronger. ”

"Hahahaha! Wrong, wrong, wrong! Everybody is wrong! It seems that you didn't go to night school properly, but you did learn something.

Do you think that only wood does not sink, and only wood can build ships? In fact, it is a big mistake, whether it sinks or not, and the volume and weight are both related, even if it is steel, as long as the volume is large enough, it can also float on the water. ”

"What? Iron ships? Hahahaha! Ono-kun is really good at telling jokes, you take an iron and put it in the water to try it and see if it sinks? ”

"Chirp! It's really a summer worm, you have no culture, and you dare to laugh at me, you go to night school for a few days first! ”

"Ahem! Ono-kun is not wrong, there is indeed an introduction in the physics book, and it is a textbook written by His Majesty himself, so it will not be wrong to think about it. ”

"Wow! That's incredible, steel can actually build ships! In this way, the wooden ship is indeed going to be eliminated, after all, just dealing with ship maggots is a big trouble, and iron ships will definitely not get maggots. ”

"Ladies and gentlemen, it's not just steel shipbuilding, even the power technology will have a big change, and the sail will definitely be replaced."

"Ono-kun, this technique is too difficult! We don't have any technical reserves at all, and in my opinion, this must be the reserve of the Royal Industries Corporation, so we should not think about it too much.

Besides, that money must have gone to the sea, how can we afford to build a modern shipyard with a few of us? ”

"Nope! On the contrary, it is enough to have a few of us, and if you believe me, I would like to go and see Your Majesty in person and ask for His Majesty's advice, which is the safest way. ”

"Ono-kun, let's not talk about technology for the time being, you still haven't answered the question of funding."

"Huh! Ladies and gentlemen, I happened to hear that the government was preparing to establish a stock market, with which funding would no longer be a problem. ”

"The stock securities market? What is it for? ”

"To put it bluntly, it turns out that we can do as much as we have how much money we have, and at most we can borrow a small part of the money from the bank, but borrowing money is risky, it is necessary to repay, and interest, if it cannot be paid off with interest at maturity, it is necessary to reduce credit, how terrible it is to reduce credit, I believe I don't want to say it!"

"Yes, yes, yes! It's better not to borrow money, that's too risky. Everyone nodded in approval.

"There will be that stock market in the future! We have two cents of money, we can do ten things, the price is to issue less than eighty percent of the shares, the people pay to buy the shares of our shipyard, share the risk with us, lose money, there is no need to pay back, the most suitable for our newly founded company. ”

"And such a good thing? What if you make money? ”

"Huh! A few of us are bosses, and the people are just retail investors, they don't have the right to vote, we just need to make a financial announcement, saying what we want to invest this year, and we won't pay dividends for the time being, and we will deal with the past, which is not a foul.

And shareholders buy stocks not simply to earn dividends, they buy the company's growth, so that the stocks in their hands will appreciate, maybe several times to dozens of times the increase, that is the big head. ”

"Oh! I understand that this is very beneficial for us and for retail investors, after all, the interest rate of money deposited in banks is not high, and it is not at all comparable to the growth rate of stocks. ”

"By the way, I heard that this was also proposed by His Majesty, so this should be a sure thing."

"Ono-kun, what are you waiting for? Everything will be known when I see Your Majesty, and I will wait for your good news! ”

The stock market is indeed a powerful tool proposed by Yang Wenli to activate the domestic economy, but it is quite different from the rules of the stock market in later generations.

The most important thing is that retail investors have a three-month lock-up period for buying stocks, which is equivalent to medium and long-term holdings, and puts an end to short-term speculation.

There is no financial lever, which is a completely speculative setting, and you can buy as many stocks as you want, rejecting virtual bubbles.

Of course! After the three-month lock-up period, investors can sell at any time for a profit, or they can be bullish on holding for a long time.

In this way, shareholders can only buy the growth of listed companies, and what illegal operations do listed companies have, or the financial statements are not beautiful, and the stock price is set to fall miserably, who will buy a company with poor growth? After all, it takes three months to buy it, and the risk is so great.

This also indirectly stimulates listed companies to work hard and strive to make their financial statements more beautiful.

Another big difference is that the review and supervision of listed companies is extremely strict, and the China Securities Regulatory Commission (CSRC) that approves the listing has to bear the risk of recommendation, and its officials will be derelict from their posts or imprisoned.

In addition to the CSRC, the State Administration of Taxation and the Independent Commission Against Corruption also have the obligation to supervise, especially the financial statements of listed companies, which must be reviewed and approved by the three units, rather than the CSRC alone.

In short, Yang Wenli's engagement in this stock market is not for speculators to make profits, but to truly support the leapfrog development of domestic enterprises, and at the same time, it can also significantly improve the economic income level of ordinary people.

……