Chapter 168: The stock market crash is my business

After the tightening policy in the United States, the European and American stock markets collapsed overnight, and European and American banks immediately passed the news to foreign banks in China. Pen Fun Pavilion www.biquge.info Banks of various countries rescued the Shanghai stock market a few months ago, and invested a lot in the Shanghai stock market, and if the stock market crashed, foreigners would lose their lives. The banks of various countries urgently consulted, and immediately summoned the stockholders to the offices of the nations in the public concession overnight to convene an emergency meeting, and made a blockade. The decision of the sea message. Above. There are a number of telegraph offices in the sea, including two in the public concession and one in the French concession. There was a government-run telegraph office in Haixian County, but it was limited to the contact between the imperial court and was not open to the people, so they stopped telegraph contact with the outside world under the pretext of repairing the telegraph office.

In the next two days, foreign stock traders and banks of various countries urgently sold their stocks while on the . The news of the blockade by the Haizhong Industry Public Office made the citizens still believe that the stock was strong. At a time of peace, the foreigners plundered more than 20 million taels of the wealth of the Qing Dynasty Jiangnan in just two days.

Compared with the 45 million taels of silver that were plundered in the same period in history, it is obvious that the stock market crash at this time did not completely plunder all the wealth of Jiangnan, and a big reason for this is that Wang Yongan sold stocks, which led to the fall of stocks at the end of May, and banks in various countries spent money to save the market, so that the proportion of foreigners in the stock market is very huge. In order to be able to sell all the stocks in just two days, banks around the world had to sell at low prices and cash out.

If the banks of various countries knew about the stock market crash at the end of the Qing Dynasty in another world, they would definitely grit their teeth with hatred for Wang Yongan, but they were actually grateful to Wang Yongan for this, because Wang Yongan did not interfere in the stock market in June. If Wang Yongan intervenes in the stock market in June, he will inevitably cause heavy losses to foreign banks -- of course, Wang Yongan will not get any benefits, and may become a soul at the bottom of the Huangpu River who has a life to make money but not to spend money.

Of course, this time the stock plummeted, and the worst fall was of course the common people of the Great Qing Kingdom and the financial industry of the Great Qing Kingdom.

Due to the asymmetry of information, the time when the Chinese knew it was already two days after the London stock market crash, and at this time, banks and foreign businessmen from various countries had already cashed out and got out. There is no money left in the Haizhong Industry Office, and more than 30 rubber stocks have become a piece of waste paper, which has been affected by rubber stocks, and all stocks have fallen, even the strongest industrial stocks have plummeted by 500% in three days, and rubber stocks have become a piece of waste paper, worthless.

Because of Wang Yongan's turmoil, the stock market once ushered in a small wave of decline in late May, but with the bailout of banks in various countries in June and the direct investment of the imperial court, a large number of bills and money banks have also invested their own silver in the stock market. China's banknotes are simply unable to compete with banks in other countries, and they only have traditional storage business and mortgage business, and each banker has not formed a unified system.

Of course, if the ticket number only stores the mortgage and does not intervene in the stock market finance, they will not suffer too much damage in this stock market crash, but they are also like the officials of the Qing Dynasty, who are interested in the stock market and invest the deposit of the ticket number into the stock market. When the stock market crash came, the ticket number money bank, which was prepared for refuge without risk, suddenly became heavily in debt.

The people rushed into the major ticket numbers with silver tickets to exchange for silver, but the major ticket numbers had no silver deposits, and soon the storm would come. The two major ticket numbers of the sea dragged down.

At this time. The local financial industry in Shanghai is known as the two major ticket numbers and eight major money banks, namely the Yuanfengrun ticket number operated by Ningbo comprador businessman Yan Yibin and the Yishanyuan ticket number operated by Hefei bureaucratic businessman Li Jingchu, and under the two ticket numbers are the eight major money banks that have loan business with them, namely Zhengyuan, Zhaokang, Qianyu, Senyuan, Yuanfeng, Huida, Xiefeng, and Jinda Qianzhuang.

Just when the stock market crash was coming, the banks of various countries were the first to make an urgent request for loans, demanding that all Chinese bankers immediately repay the loans, otherwise all the assets of the Chinese bankers in the concession area would be frozen. In order to repay the loans, the major bankers had to return the only deposits to the banks of various countries. After the people learned the news, they frantically exchanged silver tickets for silver, and there was a crowd of people at the gates of the major ticket numbers for a while.

On July 15, Zhengyuan Qian Zhuang went bankrupt, and on July 16, Qianyu Qian Zhuang and Zhaokang Qian Zhuang went bankrupt. More than a dozen small money banks and businesses that had loan dealings with these three big money banks were affected by the phenomenon of defaulting their debts, and then they were affected by other ticket banks. After all, there is no money to borrow, and there is no way for industry and commerce to take out loans, and the "banker's bills" that were originally reputable have suddenly become worthless.

In order to deal with the run, Yan Yibin, the owner of Yuanfengrun's ticket number, first thought of Wang Yongan, the son of Jingyun, but Wang Yongan coldly refused: "The stock market crash, what's my business?" ”

At the beginning, Yan Yibin was also one of the people who fell into the well for Wang Yongan, he laughed at Wang Yongan at the banquet for being young and ignorant, and he talked lightly about the stock market before he grew up, although Wang Yongan did not hear it in person, but when he was dealing with the major ticket number money dealers, he was slighted, and at this time, let Wang Yongan go to this troubled water, he did not have this leisure.

After being refused, Yan Yibin had no choice but to convince him. Cai Naihuang of Haidao Daotai deposited the silver of the imperial treasury in the Yuanfengrun ticket number, Cai Naihuang was extremely greedy, and only reported it to the imperial court after receiving a large amount of bribes. The sea stock market crash.

The imperial court did not care about the impact of the stock market crash on the people, but it could not sit idly by and watch the collapse of the ticket number, thereby affecting the country's financial circulation. The large-denomination transactions of the Qing Dynasty depend on the major ticket numbers, and if the ticket numbers go bankrupt, the imperial court will also have to pay silver. Therefore, the imperial court decided to sign the "Shanghai Noodle Loan Contract" with nine foreign banks, including HSBC, Citigroup, and the Netherlands, to raise 3.5 million taels, and allocated 3 million taels from the Susong Taidao Treasury and deposited them in two large ticket numbers to deal with the run.

The ticket number of the Great Qing Kingdom is saved, but the Great Qing Kingdom is on. The stock market crash in the sea made tens of thousands of people destitute overnight, stocks continued to plummet, many stocks became waste paper, and a large number of people who borrowed money to speculate in stocks committed suicide by jumping into the river.

Once, when Huang Jinrong and Wang Yongan were drinking, the Chinese policemen in the French Concession were next to the Huangpu River, and they fished out 20 bodies that had committed suicide by throwing themselves into the river in one day, and all of them were famous brokers before their deaths.

Wang Yongan smiled and said nothing, and Huang Jinrong arched his hand and said: "It's still a pity that the fourth prince is wise, but it's a pity that they don't listen to you, and they scold you for having ulterior motives. Huang Jinrong got Wang Yongan's warning and left the stock market ahead of schedule, although he didn't make much money, but he managed to keep his capital, and it can be said that he is very grateful to Wang Yongan.

And Chen Qimei was not so lucky, although he found Langezhi Rubber Company, but found that the foreigners had already gone to the empty building, absconded with the money, exchanged all the silver into dollars and pounds, and went to the United States to live a new life. Chen Qimei was so disappointed that she ordered the Langezhi Rubber Company to be burned and all the people in the Langezhi Rubber Company were severely beaten.

Later, Wang Yongan heard that Zhang Jingjiang and Song Jiashu had also lost money, and he couldn't help but sneer in his heart, originally thought that these people would advance and retreat with him, but he didn't expect that even historical celebrities had their own ghosts.

As he was talking, Fan Wentai ran over with a telegram and shouted: "Childe, it's not good, the twenty-four mixed forces defeated the northern Bo Prefecture of Anhui!" The co-ordinator is seriously injured! ”

Wang Yongan raised his head, his eyes showed a cold light, and he said coldly: "Defeated Bozhou? Good! I'd like to see how they are now! (To be continued.) )