Chapter 1275: Financial Issues

Yu Qiaqing smiled bitterly: "President, I was originally just going to Shanghai to set up a bank and entangle a group of friends to start the Shanghai Stock Exchange, but now it's okay, you actually threw the whole of Shanghai to me in one go, that's not all, even such a thing as currency reform was thrown over, this is really ......."

Tang Shaoyi laughed and said: "Haha, Hede, you think that you will be lazy, that is not good, you have unloaded the burden of the shipyard group, and there is a heavier burden waiting for you, these always realize the president's power, right?" ”

Zhang Yi said with a smile: "Brother Hede, the matter of currency reform has been decided in this way, with you and Liang Dunyan in charge, such a thing is still inseparable from the cooperation of the Ministry of Finance." ”

Yu Qiaqing replied: "Not only is it inseparable from the support of Minister Liang Dunyan, but even the Jinshang family has to be strongly supported, and Shengjing Bank must be involved." ”

Zhang Yi nodded and said: "The matter of currency reform will fall on you anyway, as for how to do it, that is your business, only success is not allowed to fail, and the next thing is the matter of the stock exchange, let's talk about it, why did you suddenly remember this, isn't there a stock exchange in Fengtian?" ”

Yu Qiaqing said in a deep voice: "President, Prime Minister, it's very simple, now China needs a stock exchange, in Shengjing, the stock exchange is more for state-owned heavy industry enterprises to raise funds, the existence of the Shengjing stock exchange, for the economic take-off of our Republic of China in recent years provides an irreplaceable role." However, the Shengjing Stock Exchange, which is located in the borderlands, is not as open as Shanghai after all, and has a natural disadvantage compared with Shanghai in terms of absorbing funds, and at the same time, the Shengjing Stock Exchange is only open to the state-controlled heavy industry group, which really restricts the development of private capital in our country. At present, because of the war reparations and the development of the market, the country has a large amount of capital available, and the difficulties it faces in raising funds are not very great, but for private capital, it is completely different. Presumably, our private capital is still too weak with the world's powers, and it is too difficult to develop without the help of diversified financing channels. Now that you want to open up the domestic market, President is facing the dumping and competition of international business giants, and our national enterprises do not have strong financial strength to back them up. It's hard to hold on. That's why I went to Shanghai to start a bank and stock exchange! ”

Zhang Yi and Tang Shaoyi glanced at each other, and a trace of worry surged in their hearts. The opening of the domestic market is imminent, Yu Qiaqing is true, if one is not careful, then China will become the second Tsarist Russia, although it looks very powerful, but the domestic industry has been completely controlled by Britain, France, the United States and other powerful countries, the most obvious is the oil industry, most of the oil resources of Tsarist Russia, almost most of them have been carved up by the American oil giants.

Lesson. The teacher of the future.

Tang Shaoyi replied: "Hede, your idea is good, but even if you start a bank, where are your funds?" There is not a small amount of money that a bank needs! ”

Yu Qiaqing hesitated for a moment and said, "Prime Minister, I originally planned to join forces with some big businessmen in Shanghai to raise funds to set up a bank, and I was in Shanghai. I still have some connections, but just these private businessmen, the power is still a little weak, so I want to contact Sheng Xuanhuai to co-found a bank. Lord Sheng Xuanhuai has always been Li Hongzhang's right-hand man in the Westernization Movement, and he has a lot of wealth in his hands, if possible......"

Zhang Yi smiled and said, "Brother Hede, you can't help it, Sheng Xingsun." I know him, in business, he is a master who eats people and does not spit out bones, and you cooperate with him? How can it be possible with your shrewdness, two tigers will fight each other, and one will be injured, do you think you are Sheng Xuanhuai's opponent? ”

Yu Qiaqing's face turned red, although he was good at business and finance, but in the face of an old fox like Sheng Xuanhuai, he was afraid that he did not have the slightest chance of winning, for many years Sheng Xuanhuai was under the wing of Li Hongzhang, turning clouds and rain, and in the entire Chinese shopping mall, almost no one was his opponent, that was a person who did everything!

Zhang Yi sighed and said: "Brother Hede, you don't have to go around the bush, just say what you have, I can tell you clearly, I can allocate 15 million pounds from this indemnity to support you to set up a bank, but this fund is not enough to set up a bank, the rest of the funds depends on your ability, we either don't do it, if you want to do it, you will create a bank with strong competitiveness, of course, as the bank you are at the helm, I also hope that your credit direction will be concentrated with national industry and commerce, and do it." , I fully support you! ”

Yu Qiaqing was moved in his heart, he was actually not embarrassed to say it, he founded a bank because he took a fancy to the war reparations obtained by Zhang Yi, others, such as Sheng Xuanhuai, although Sheng Xuanhuai has money, but it is only 10 million taels of silver, if he wants to set up a bank, it is okay to make a small fuss, once he wants to compete with large banks, it is almost a dead end, and he can't withstand the sharp offensive of foreign banks at all! Unexpectedly, Zhang Yi saw through his inner thoughts at a glance, and directly threw out this topic straight to the point.

Tang Shaoyi on the side was taken aback, and hurriedly said: "Jianzhi, Jianzhi!" Fifteen million pounds is not a small amount, and we need to have a detailed discussion in the cabinet to determine it, and we can make a decision with a pat on the head, which is not taken by the wise! ”

Zhang Yi nodded and said: "It is very necessary for everyone to discuss, but this matter must be done, Shaochuan, time is not waiting, now there is only one powerful bank in China, Shengjing Bank, how can this work, once the banks of Europe and the United States enter the country again, our small banks undertaken by the private sector are by no means opponents of others, and at that time, our finance may be controlled by the banking giants of Europe and the United States, which is very dangerous!" ”

Tang Shaoyi nodded and replied: "I understand this, only fifteen million pounds, our strength is not enough to face the European and American banking giants, but we can now be sure to do this, as for how to do it, it must be discussed by the cabinet, after all, it is a major matter related to the national economy and people's livelihood!" Don't be hasty! ”

Zhang Yi replied: "The old way, the government contributes, and then absorbs private capital, establishes a joint-stock bank, and operates independently, which is enough, I think although private capital is weak, but in a short period of time to raise twenty or thirty million pounds, there should be no big problem!" ”

Yu Qiaqing nodded and said: "Prime Minister rest assured, don't say fifteen million pounds, even if there is 10 million pounds of land, we can completely absorb the capital of the people in Jiangnan and open the bank, I am confident that within five years, the capital of our new bank will at least double!" (To be continued.) If you like this work, you are welcome to vote for recommendation and monthly passes, and your support is my biggest motivation. )