Chapter 384 Stock Exchange

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……

However, it is not the implementation of the Article 8 New Deal that is attracting attention in the private sector, but the upcoming stock exchange. This time, the stock exchange was placed in Nanjing, and this time only one company's shares were listed, that is, the shares of the Royal Shipping Company. In addition to copying some of the regulations of the stock exchange in Amsterdam, Zhu Youxiao also added some regulations.

"Your Majesty, are you really going to issue 10,000 shares this time?" Zhang Guoji asked suspiciously.

"100 million shares, each of us has 10 million shares." Zhu Youxiao said.

"Your Majesty, each share is worth fifty wen, and the total value of the Royal Shipping Company is five million taels of silver, while the Royal Shipping Company has actually invested only about three and a half million taels." Zhang Guoji said.

"I know, but the Royal Shipping Company has been making a profit in the past three years, with an average annual profit of about 450,000, and it is still gradually increasing, if the market value is 3.5 million taels, are you willing to sell the stock in your hand?" Zhu Youxiao asked.

"Definitely not for sale, the minister can invest more than 300,000 taels of silver dollars back then, and now it will be at least 400,000 taels before the minister will sell." Zhang Guoji said without hesitation.

"That's right. Why Royal Shipping shares are set at this price, do you understand? Zhu Youxiao asked.

"The minister seems to understand." Zhang Guoji thought for a while and said.

"I believe that once the shares of the Royal Shipping Company are listed, there will be more than fifty cents a share. This time I have allowed Westerners to trade on the stock exchange, they know this better than the Imperials, and they will surely surprise us. Zhu Youxiao said.

"It seems that this time the minister is going to invite Westerners to participate in the opening of the stock exchange." Regarding Zhu Youxiao's statement, Zhang Guoji is still skeptical.

"Go ahead, although the shares of the stock exchange belong to me and the imperial court, on the opening day, we can only rely on you, the shareholders of the Royal Shipping Company." Zhu Youxiao said.

"The minister understands, and the minister will definitely do it well." Zhang Guoji said.

……

In the private sector, due to the propaganda of the Imperial Daily, the folk have a simple concept of stock exchange. In order to promote the stock exchange in Nanjing, the "Imperial Daily" carried out a large report this time, explaining and introducing the stock exchange in detail.

"Mr. Liu, what the hell do you say this stock is?" Someone asked.

"A stock is a certificate of ownership issued by a company, and it is a kind of securities issued by a company to various shareholders as a certificate of shareholding for the purpose of raising funds and to obtain dividends and bonuses. That's how it was explained in the Imperial newspaper. Liu Jingting replied.

Liu Jingting was the most famous storyteller of this era, and he passed on to future generations by virtue of his storytelling. This time, the shareholders of the shipping company paid a lot of money to let the storytellers in Nanjing City help promote the stock exchange, and Liu Jingting was one of them.

"It's all saying that this shipping company has not yet been listed, and the stock price has risen by three percent, is it true?" Someone else asked.

"I heard that when the Royal Shipping Company was established, a total of three million to four million taels of silver dollars were invested, and according to the stock price of this listing, it has reached five million taels of silver dollars, which is indeed about 30 percent, but I don't know if anyone has bought this account?" Liu Jingting explained.

"We'll know that on the day the stock exchange opens." Someone said with a smile.

"The eighth day of August is the opening day of the stock exchange, so let's go and see it together." Liu Jingting said with a smile.

"That must come out, it is said that the best opera troupe in Jiangnan was invited to perform that day, this must be seen."

"Mr. Liu, what's going on with this dividend and dividend?"

"According to the explanation of the "Imperial Daily", the Royal Shipping Company was able to earn 630,000 yuan last year, and now the Royal Shipping Company has 10,000 shares, so each share can be divided into 63 yuan per year, and if you are 10 shares, 500 yuan can be divided into 63 yuan at the end of the year, which is higher than the interest in the bank. But this is only a theoretical figure, and the Empire newspaper says that if Royal Shipping needs money to expand, it may not pay dividends. Liu Jingting explained.

"Who decides whether to pay dividends or not? If I don't pay dividends, then I might as well save the money to buy stocks in the bank. ”

"This was said in the last issue of the "Reich", whether it is popular or not is decided by the president's meeting, but in the "Reich", the Dutch East India Company was introduced, this company has only paid dividends more than ten times since its establishment more than 30 years ago, but the price of the company's shares has increased hundreds of times compared with when it was first issued." Liu Jingting said.

"What does Mr. Liu mean is that the increase in the stock will be higher than the dividend?"

"I really don't know this, and I can't guarantee this, who can say what will happen in the future. But I heard that dozens of Westerners came to Nanjing, probably for this stock exchange. Liu Jingting said with a smile.

……

At this moment, the nine shareholders of the shipping company are also discussing the listing of the Royal Shipping Company.

“…… The matter of stocks shall be done according to His Majesty's wishes, and shall not be changed. Zhang Guoji first told him about the conversation with Zhu Youxiao.

"What do those Westerners say?" Liu Qi asked.

"I'm just testing the attitude towards Westerners, but they haven't made it clear, and I don't know their attitude." Jiang Yan said.

"It seems that these Westerners are also cunning people, if they are really willing to buy fifty yuan a share, I am willing to sell them five million shares." Shen Jiang said.

"Old Shen, are you short of money here?" Jiang Yan asked.

"When people are old, settle down first, except for the shares of the cigarette company and the Xinghui company, the shares of the rest of the company, if the price is right, I am willing to sell." Shen Jiang said.

"You've sold everything, how are you going to sell your bank's shares?" Zhang Guoji asked.

"This ...... Let's take a look at the stock situation of the shipping company first. Shen Jiang said.

"If you are willing to sell your bank's shares, please contact me." Zhang Guoji admonished.

"Uncle, I'll definitely notify you as soon as possible." Shen Jiang said.

"During this time, the price of land in the Burma-China and Yangon domains has fallen, and I am ready to buy some land. This time, if the price is right, I am ready to sell all the shares in my hand. Liu Qi said.

"Why did the price of land fall in these two domains?" Zhang Guoji asked nervously. He had a large amount of land in these two provinces, and the fall in prices made him feel pain.

"The king of Kyushu is recruiting soldiers, and the soldiers who have retired from the empire in the past two years have been placed in the two feudal divisions, and the king of Kyushu is recruiting soldiers, and many people want to sell their land to Dongying." Liu Qi said.