Chapter 288 Stock Exchange

(1st Update)

"Stock financing originated from the Western countries, from the Netherlands, to England, the United States, the practice as long as a hundred years, nearly 40 years to spread to the East, the Chinese people only know its skin, regardless of the fundamentals, then wantonly send stocks, advocate its profits geometrically, and the officials do not know the constraints, resulting in the people scrambling to buy, stocks are indiscriminate, to later, the value of the stock is far more than the actual value, the stock has become a blank check, the financing of the capital has also entered the private pocket, so, the stock trend, It is not so much a catastrophe as a man-made catastrophe. Pen, fun, pavilion www. biquge。 info”

Yu Qiaqing talked about it all over, and he was the Tao, and he was whipped into it by his opinions, but he didn't know anything about finance as he said, even Ye Kai, a later person, generally agreed.

"Since Boss Yu knows this truth, why did he buy some?" Ye Kai asked.

Yu Qiaqing replied: "Liangdu knows what the market was like at that time, the stock price rose three times a day, from forty taels a vote to nearly two thousand taels later, such a huge profit is enough for people to take risks, and even lose their family property to borrow money to buy." The stock market is booming, with a total market value of trillions of taels, which is impossible to think about. They are very clear, and they also know that if they stop early, they will not get into trouble, but the market at that time was too good, and they would make a huge amount of money by selling it one day later, even if the stock market crash is imminent, they are still looking forward to rising again tomorrow, and people's hearts are like this. ”

Most of these money businessmen are self-made, crawling and rolling in Shanghai for decades, which one is not making money on the cusp of the storm, and who does not do it if there is money for nothing, even if the risk is great, they also want to fish in trouble, who will know that this bad luck will fall on them? As long as the final bubble doesn't burst on itself, the winner takes all.

"What Boss Yu said is three points, and the governor is very emotional."

"The good governor has won the award, it's just that Yu has been in the shopping mall for many years." Yu Qiaqing said with a smile.

"Since this stock is so harmful, it's better to cancel it all with a paper seal, isn't it gone once and for all?" Ye Kai throws bricks and leads jade.

"Never" Yu Qiaqing expressed his views bluntly, "Although stocks are risky, but for the development of business, financing flexibility, but there are benefits for the country and the people, the government has public debt, the people have stocks, capital can be created out of nothing, with tomorrow's money to do today's things, twice the result with half the effort." ”

"This governor studied the history of Western business, and found that stocks have a history of 300 years, and foreigners are still happy to do it, which shows that this thing is indeed very beneficial to enriching the people and strengthening the country, and now if China wants to be rich and strong, catch up with and surpass the West, what is lacking is silver and time, time is understandable, the key is in silver, presumably Boss Yu also knows that there is no money in the treasury, and borrowing money from foreigners is not a long-term solution."

Ye Kai continued: "How does Boss Yu think you should manage the stock?" ”

Yu Qiaqing had already taken a countermeasure to this, and immediately said: "Follow the example of the West and establish a unified stock exchange." ”

This sentence suddenly reached Ye Kai's heart.

You know, Shanghai at the end of the Qing Dynasty, the business atmosphere was unprecedentedly free, and the "stock exchange" had long been blooming everywhere, however, most of these "exchanges" were founded spontaneously by the people, and they could sell stocks by hanging a signboard, and some of the money houses themselves had stock trading locations, and even, tea houses, gift shops and other shops also worked part-time to sell stocks. Since the promulgation of the state of emergency, these establishments have been largely wiped out.

In today's Shanghai, talk about the color change of "stocks".

And what Yu Qiaqing said, the key is the word "unification".

Banning all informal "exchanges", creating a unified securities trading location, raising the threshold for stock sales, establishing a listing system for enterprises, doing a good job in preliminary review and supervision, and putting all transactions under the sun is what Ye Kai really wants.

"To tell you the truth, this time I came to Boss Yu to discuss the establishment of a stock exchange." When it came to this, Ye Kai directly made his intentions clear.

Hearing Ye Kai's words, Yu Qiaqing was not surprised, the two had been talking for so long, if he couldn't even hear this hint, he would have failed the businessman's keen sense of smell.

"Does the Good Governor really mean that?"

"It's true," Ye Kai said firmly, he was iron-hearted.

"Boss Yu, I came this time to hire you to prepare for the establishment of the Shanghai Stock Exchange." Ye Kai continued.

The reason why Ye Kai found Yu Qiaqing, of course, was not random, China's first official stock exchange was given by Yu Qiaqing, but this idea was postponed to ten years later, and more importantly: he was a patriotic businessman.

This point can be easily drawn from the fact that during the Anti-Japanese War in the future, Yu scattered all his family wealth and destroyed his family to relieve difficulties.

After being silent for a long time, Yu Qiaqing replied: "I am willing to be driven by the good governor." ”

"Okay, if you have any difficulties, you can always come to the governor's office to find me." Ye Kai solemnly promised, "As long as the governor can do it, every grass and tree will be allowed to you." ”

Yu Qiaqing nodded.

....

Returning to the Governor's Office with a smile, Ye Kai was really happy, he didn't expect such a big thing, Yu Qiaqing simply responded, which is really rare in a few years of official career.

Of course, the happy event is not only this, he entrusted the distribution of 2 million taels of public bonds by the Federation of Banks and Merchants, but also yesterday had an eyebrow, this kind of government-guaranteed public bonds, is indeed more reliable than stocks, in the stock tide is full of storms in the city now, those people who have some surplus money in their pockets have chosen this kind of prudent investment method.

With this money, he can do a lot of big things, you know, the relief money issued to the federation was transferred to another 9 million taels at once, even if there is 16 million, it will not be spent, not to mention the preparation for the construction of Pudong New Area, it is another gold-swallowing monster, don't think about a return in the short term.

Ye Kai's trouser belt could only be tightened.

However, there is one thing that must be done by pulling out the money.

Formation of the Shanghai New Army. (To be continued.) )