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……

In the company's listing, Zhu Youxiao formulated strict regulations, and his principle was to prefer shortage to excess. There are very few listed companies now, and by the end of September there were only two listed companies, one was the Royal Shipping Company and the other was the Jiangnan Trading Company.

Now the stock exchange is the most concerned by the whole empire, especially in the Jiangnan area, there are all kinds of wealth stories circulating every day, and the story of "getting rich overnight" seems to be staged every day, which makes the price of stocks have not fallen since the opening of the stock exchange. In the Gangnam area, up to 70 years old and down to 7 years old know these stories, which makes everyone crazy about stocks. The stock of the shipping company has soared to 300 yuan, and there is no market, and the market value of the shipping company has obviously been overvalued several times.

All this frightened Zhu Youxiao, and he didn't expect such a situation at all. "Imperial Daily" has repeatedly emphasized that "stock speculation is risky, and you need to be cautious when entering the market", and even told shareholders how to calculate the market value of a company and how much a company's stock should be worth for ten consecutive issues, but crazy shareholders turned a blind eye to all this. What is the herd effect? This is the true herd effect.

"Crazy, all crazy." Seeing the soaring stock price, Jiang Yan said softly.

"Yes! I just want to sell all the stocks in my hand now, but unfortunately Your Majesty will not allow it. Zhang Guoji said.

"Now if the shares of the shipping company are sold for 350 yuan a share, I believe that they can be sold if they are taken out." Hu Qing said.

"You're okay, before Your Majesty issued a ban, you had already sold thirty percent of the shares in your hand, and I only sold two percent." Zhang Guoji said enviously.

"Liu Qi is the fastest, and he has sold sixty percent of the stocks in his hand." Hu Qing said.

"These two companies are all ours, Your Majesty only needs to give us a holy decree in secret, but in Mingli, Your Majesty should also make a move, if it goes on like this, not to mention Jiangnan, it is likely that many people will lose their money overnight in Nanjing City." Jiang Yan said.

"Jiang Yan, what do you think Your Majesty is going to do?" Zhang Guoji asked.

"Needless to say, there must be a way to put an end to this madness." Hu Qing hurriedly said.

"Uncle, you think too highly of me. His Majesty is the reincarnation of the Emperor of Heaven, turning his hands into clouds and covering his hands into rain, a bit of the ability to turn stones into gold. Compared to Your Majesty, we are not even ants, how do you let me guess what Your Majesty will do next? Jiang Yan smiled bitterly.

"Yes! If someone told me before the stock exchange was established that the shipping company was worth five million taels, I would definitely spray him in the face, but now if someone tells me that the shipping company is only worth five million taels, I will definitely spray him in the face. Liu Qi said admiringly.

"I'll go back to Jingshi and apply for the dock with Your Majesty, and by the way, test how Your Majesty will deal with it?" Zhang Guoji said.

……

Zhu Youxiao also felt a headache about the madness of the stock exchange, and he didn't know how to cool down the stock market.

"Your Majesty, just close the stock exchange." Zhang Yan saw that Zhu Youxiao, who was frowning during this time, proposed.

"It can't be closed, the stock exchange must be implemented." Zhu Youxiao refused.

"Then it will be closed for a few days, and it will be opened when His Majesty has figured out a way." Zhang Yan continued to propose.

"Your Majesty, the concubine thinks that she can send someone to spread rumors that the imperial court is about to close the stock exchange, and in this case, the stock will definitely plummet. It only takes one lesson to become more cautious. Gu Mei suggested.

"You can try this suggestion, but it may not be effective, unless a company really goes bankrupt, or someone goes bankrupt by buying stocks, and that person will have a long memory." Zhu Youxiao said.

"Your Majesty's intention to run this stock exchange is completely good, since there are so many people speculating, then someone must have to pay tuition, Your Majesty, you have done everything you should do, and the shareholders don't listen, this can't be blamed on you." Gu Mei said.

"Just do it your way." Zhu Youxiao nodded.

……

The stock exchange also attracted the attention of officials in the imperial court, especially Sun Yuanhua, who had spent time in the West and learned about the reasons for the outbreak of the economic crisis in the Netherlands.

"Your Majesty, have you ever heard of the disaster caused by the Dutch tulips?" Sun Yuanhua asked.

"I know that tulips have bankrupted millions of Westerners." Zhu Youxiao replied.

"What's going on? What tulips can bankrupt millions of people? Bi Ziyan asked curiously.

"In the fourteenth year of the Apocalypse, in less than a month, a tulip worth only a dozen taels of silver dollars suddenly skyrocketed twenty times, and after two years, the price of tulips actually skyrocketed hundreds of times, in the seventeenth year of the Apocalypse, that is, in February last year, the price of tulips suddenly plummeted, and in just a few days, the price of tulips fell by ninety percent, and millions of people in the entire West went bankrupt overnight." Sun Yuanhua explained.

"Sun Shangshu, I understand what you mean, you mean the Nanjing Stock Exchange, right?" Zhu Youxiao said.

"Exactly, the situation of today's stock exchange is exactly the same as the Dutch tulips of the day, the entire Jiangnan region is crazy about stocks, this court, even in this hall, there are many officials who have joined it, not to mention in Nanjing, even if Huangkou children know about stock profits, in the long run, the stock exchange will definitely cause an unprecedented disaster." Sun Yuanhua said.

"What does Sun Aiqing mean......" Zhu Youxiao already knew what Sun Yuanhua meant, and he asked deliberately.

"I thought I should close the stock exchange." Sun Yuanhua said.

"I don't think it's possible, the stock matter has already involved millions of people in Jiangnan, and if it is closed in a hurry, it will inevitably cause turmoil in Jiangnan, and even civil unrest will break out." Wen Tiren immediately stood up and said.

"I set up the stock exchange with the intention of allowing people who lack capital to raise funds on their own, but what I didn't expect was that everything was out of my control now, and even I didn't expect it to be so crazy." Zhu Youxiao sighed.

"Your Majesty, the minister thinks that what Sun Shangshu said is extremely true, since this matter may affect the stability of the empire, it should be banned." Bi Ziyan said.

"The minister objected, and the minister believed that this matter should be handled carefully, the stock has already involved millions of people, and now banning it will only backfire." Hou Sui objected.

"The minister thinks that stocks should be banned." Sun Chengzong said.

……

The issue of whether or not stocks should be banned caused a fierce debate at the DPRK meeting, and the two sides insisted on each other's words and refused to give in.

(End of chapter)