Volume 1: Chapter 68: Financial Disaster (I)

A hundred years later, there was an Australian-Chinese writer Xue Er, who wrote a book "National Fortune 1909", which has such an introduction. "Under the system of 'official profit', investors who are unfortunate enough to become shareholders will go out of their way to catch fish and kill chickens and eggs in order to make short-term arbitrage. After all, it was difficult for the Qing Dynasty to establish a company system based on contract and the legal system!

This passage summarizes the root cause of the collapse of the Shanghai securities market at the end of the Qing Dynasty.

The Shanghai Stock Exchange (then the Shanghai Stock Exchange. In the past year, as the United States across the Pacific Ocean has made great strides into the automobile era, and the price of rubber on the London Stock Exchange has been rising, Southeast Asia has become a hot spot for investment in the rubber industry. Shanghai has become the best place to raise funds.

Rubber stocks are a new thing spawned by the New Deal at the end of the Qing Dynasty, the stock is issued in Shanghai, but the stock is issued by European and American companies, and the industry represented by the stock is in Nanyang.

On March 10, 1909, Citibank was crowded at the door, and the hottest rubber stock in the Shanghai market, the "Wanlilai" International Rubber Industry Group Company from the United States, issued 30,000 new shares again.

Standing on the balcony of Citibank, Fang Jianxiong with a smile on his face looked at the surging heads below. Foreigners with short hair, Chinese with braids in tow gathered together, and everyone regardless of social low position was equal!

Fang Jianxiong's limited knowledge of history limited his grasp of the pulse of this trend. Fisher decisively went to Wuhu a year ago, and after a long talk, Fang Jianxiong agreed to Fisher's plan, and finally got another vote.

Prior to this, Fisher successfully carried out a series of market operations, and Wanlilai Rubber Group was successfully described as a large rubber enterprise with 20,000 acres of rubber plantations, a large rubber processing plant, and a long-term stable supply to the automobile enterprises in the United States. Chapter 68: Financial Disaster (I)

Fisher successfully borrowed from Fang Jianxiong's practice at the talent recruitment fair, overwhelming newspaper publicity, supplemented by hundreds of "profit shareholders" to say that Wanlilai stock successfully put "once you have a million profits!" This idea is implanted in the hearts of speculators.

The doors of the bank slowly opened, and the crowd began to stir, and the patrols who maintained order waved wooden sticks in time to discourage those who tried to break the order. Obviously, the reprimand could not stop people's enthusiasm for rubber stocks, and finally a few unlucky people were pulled out of the crowd by the patrol, and after being knocked down, they were served with sticks, the crowd was shocked, and the order of the team was guaranteed.

"Let's go, don't look at it!" Fang Jianxiong, who calmed down, was not much excited, although his stomach was full at this feast, more national capital was taken away by Western speculators, and the loss was the vitality of the country. Of course, from another point of view, this disaster exacerbated the plight of commercial railways and the Qing government's determination to nationalize railways. (Author's note: The nationalization of railways at the end of the Qing Dynasty was mainly due to the failure of commercial railways, and the gentry in various provinces under the banner of patriotism played a disgraceful role in the trend of commercial railways.) The nationalization of the railways triggered the Baolu Movement, and the Qing government's ugly appearance was the main reason. Then, in 1912, when the government of the Republic of China took over the banner of nationalization of the railway, the appearance was more ugly and the conditions were more harsh, but the private capital did not react much, which is really paradoxical! ）

"I have some good coffee, would you like some?"

Douglas is full of spring breeze, and in the past year or so, Citibank's business in China has developed rapidly. First of all, the shares of Wanlilai Rubber Group were handed over to Citibank for issuance. Second, trade with China has developed by leaps and bounds thanks to Mr. Douglas's efforts. Most crucially, the Eurasia Group used a trick to deceive the world, and through the relationship of Wanlilai Rubber Group, which is registered in the United States, it borrowed one million US dollars from Citibank, and all of this money was used to purchase machinery and equipment from the United States.

The United States, which has always adhered to the "open door" policy, has been shackled in the Far East market because it does not have a strong military force to back it up. The saliva was dry, but it turned out to be ineffective. Douglas's sudden rise, American capital in the Far East market has become a unique bright spot! Still a huge highlight! And it succeeded in attracting the attention of the U.S. government.

Some analysts in the United States believe that the reason why the business of American capital in China is bleak is largely because the "Chinese Exclusion Act" has hurt the self-esteem of the Chinese! In order to mend Sino-US relations, and to see that more Chinese students went to Japan, and in order to expand the influence of the United States on the Chinese elite, the United States officially launched the Gengzi Indemnity Study Abroad in 1908.

Analysts believe that Gengzi's move to pay reparations to study abroad successfully compensated for the bad impact of the "Chinese Exclusion Act" and gave birth to Mr. Douglas's success.

Mr. Douglas scoffed at the opinion of the analysts in the newspapers! Mr. Fisher told Douglas a truth with facts: To do business in China, we must first understand that this country is a humane society. Then we can talk about something else! Thanks to the trust of wealthy Chinese businessman Fang Jianxiong, Fisher, under the guidance and funding of this "Chinese legend", the rubber plantation invested in the Philippines has reaped huge returns. Of course, Douglas is also well aware of the fact that in the rubber plantations in the Philippines, only 5,000 acres of rubber saplings have been planted at this stage, and the other 15,000 acres are still in a tropical jungle state.

But this did not stop Fisher's assistant John from raising hundreds of thousands of pounds in the British market, and then investing the money in the expansion of the rubber plantation. Then it successfully raised funds in the Shanghai securities market and issued new shares again!

Douglas has seen the raw materials of the Wanlilai Rubber Group, and Fang Jianxiong owns 80% of the shares of this rubber company. This means that the Chinese named Fang Jianxiong in front of him is worth at least about five million taels of silver.

In other words, Douglas summed up the success of Secret Story: the main factor in success in China is finding a suitable collaborator and maintaining a close relationship with them. Next, the Chinese, who value human feelings more than interests, will bring you a steady stream of returns.

"No thanks, I think it's time for me to go back!" Fang Jianxiong declined Mr. Douglas's invitation, adhering to his usual low-key style, smiling and speaking in a modest tone.

"That's a shame, I'd like to have you lunch!" Douglas was somewhat regretful, feeling that Fang Jianxiong's trust in himself so far was not too high. The envy is Fisher, who has Fang Jianxiong's absolute trust. This can be clearly seen from the fact that Fang Jianxiong rarely came to Shanghai in the past year, and handed over the rubber industry to Fisher to be in charge.

"Next time, I booked a ticket to Qingdao tomorrow!" Fang Jianxiong smiled and waved goodbye, and when Douglas sent it to the door, he asked casually: "Are you going to Qingdao?" ”

"Qingdao is just passing by, I went to Jinan. The current governor of Shandong is my teacher, and I am going to visit him. Fang Jianxiong didn't mean to hide.

"I see, then I wish you a smooth journey!" Douglas bowed slightly, and Fang Jianxiong got into the carriage and left Citibank through the side door. Douglas, whose face was calm, was not at peace at the moment. Fisher told him that Fang Jianxiong's visit to Shanghai this time also brought a huge business, he was going to build a railway, from Jiangning to Anqing, and it is said that the relationship between all aspects was basically determined.

Douglas believes that a qualified businessman, who misses in the face of such an opportunity, is tantamount to a crime, a crime against himself!

Fang Jianxiong in the carriage closed his eyes and seemed to be tired. Fisher maintained a respectful sitting posture, and did not slack off because Fang Jianxiong closed his eyes. At this time, Fang Jianxiong's mind echoed the report from last night's study.

"The London market was all withdrawn last month, with an overall profit of three million pounds. In the Shanghai market, not counting the new share issuance, 5 million silver dollars were invested in capital operation, and the profit was 21.33 million silver dollars. ”

"Fisher!" Fang Jianxiong suddenly opened his eyes, and Fisher, who had been sitting upright, leaned forward slightly, for this boss, Fisher now admired the five-body throw, far beyond his gratitude to Fang Jianxiong.

"Boss, what are your instructions?"

"Two things, first, we can start to set up a bank with a capital of 10 million silver dollars. I don't care how to do it, you are fully responsible. Second, tell John that he won't go to China anymore and go directly to Mexico to find oil. For the specific location, I'll sue you when I turn around. ”

Fisher had no doubts about these words, and even asked humbly with a kind of divine gaze: "What about after finding the oil?" "He didn't doubt the possibility of finding oil!

"After you find it? That's a problem! The oil giants of the United States, there is no good thing! Sue him, after finding it, find an American oil giant and sell it, I need money so much! Fang Jianxiong said with his back and closed his eyes, and continued to close his eyes to recuperate.

Suddenly, he sat up straight again and said, "Sue Douglas, I may have to go to a steel factory, and if I am willing to cooperate, I can sell up to forty percent of the shares." This steel plant has a design output of 200,000 tons, and the project is divided into three phases, the first phase is an annual output of 50,000 tons of steel, and the construction period is two years. ”

"No problem, I think Mr. Douglas must be willing to cooperate!" Fisher smiled slightly, in fact, it was very pleasant to do things under Fang Jianxiong, not to mention the high rate of return, Fang Jianxiong gave him enough power. Of course, Fisher doesn't have bad thoughts because of this, because this boss may bring more than just a little immediate benefit. Fisher has no doubt that the future Far Eastern market will be a broad stage provided by the boss in front of him!

c！！！