Chapter 312 Issuance of Shares

With the scientific and technological level of the Great Qianchao, only one color printing can be used to effectively prevent counterfeiting, but Li Guanqi is not satisfied with this. He is very clear that the banknote itself is worthless, so the banknote system is also easy to collapse, in order to maintain the stability of the banknote system, it is necessary to ensure the credit of the banknote, and doing a good job of anti-counterfeiting is the first priority.

Fortunately, Li Guanqi has traveled from modern times and knows a lot about the anti-counterfeiting knowledge of banknotes. Although watermarking is difficult to create, it is possible to use color-changing inks and add colored fibers to the paper.

The front of the Qianwei treasure banknote is printed with a bust of Li Guanqi, and the back is printed with the representative scenery of various places, and there are 12 denominations, namely 10 Wen, 20 Wen, 50 Wen, 100 Wen and 500 Wen, as well as 1 tael, 2 taels, 5 taels, 10 taels, 20 taels, 50 taels and 100 taels.

Also for the sake of safety, Li Guanqi did not immediately force everyone to exchange metal money for paper money, but announced that Qianwei treasure banknotes, silver taels, and copper coins were circulated at the same time, and all personnel were not allowed to refuse to accept them.

In fact, the Qianwei Bao banknote, which is only 10 million taels, is indeed unable to exchange all the currencies in circulation. And if a large number of banknotes are printed, it will cause the Qianweibao banknotes to depreciate rapidly and then collapse.

Because the first batch of Qianwei treasure banknotes was issued twice as much as the silver deposited by the households, in order to prevent everyone from running on the banknotes and to ensure the circulation of the Qianwei treasure banknotes, the imperial court also announced that it would be a year later to open the business of exchanging the Qianwei treasure banknotes for metal currency.

Qianweibao's banknotes have been printed, but of course they can't be sent directly to everyone. Li Guanqi used two methods to bring the Qianwei treasure banknotes into circulation, one was that the imperial court began to use paper money for procurement, and the other was that officials used the Qianwei treasure banknotes to issue them.

Because of funding constraints, it is also for the purpose of piloting. Qianbao Bank did not immediately set up branches across the country, but only opened one in the capital Jinling and one in Yangzhou.

10 million taels is a lot less, and more is not much. It is far from enough for Li Guanqi to achieve his goal of economic prosperity. Since household income is limited, how can we quickly amass funds for economic construction? Li Guanqi thought of financing.

Of course, the financing did not refer to bank loans, but to the issuance of shares -- shares of Qianbao Bank.

The first batch of shares issued totaled 10 million shares, accounting for 10 percent of Qianbao Bank's shares, with a starting price of one tael of silver per share and a minimum subscription of 100 shares. Sold in Yangzhou.

Stocks are not something that is easy for modern people to understand, let alone for the great cadres more than a thousand years ago? However, the businessmen still understood a message: if they bought the shares of Qianbao Bank, they would become the owner of Qianbao Bank, and they could follow the dividends. Although there will be many such owners, it is still a supreme honor to be the owner of the imperial court. Therefore, there are still a lot of people who are interested.

On the first day of the official issuance of the shares, a large notice was posted at the door of the bank, stating that one million shares would be sold on the same day, with a starting price of one tael of silver per share. There was a flood in front of the bank. Among them, there were many well-known local wealthy businessmen in Yangzhou, which made Qin Minzhong, the first president of Qianbao Bank, who came to Yangzhou to take charge of the stock sale, a scholar of the Central University and a secretary of the household department, very happy.

But as time went by, no one came to subscribe for the stock - no one wanted to be the first to eat the crab, because it always seemed a little unreliable. How can a grass man be the proprietor of the imperial court?

For a whole day, the stock of Qianbao Bank was not sold, and although there were many onlookers at the entrance of the bank, none of them walked in. In the end, watching the hilarious turned into watching the jokes.

Liang Xiao, the head of the Liang family, after hearing the report of his family. He laughed disdainfully and said, "After all, it's still a child, thinking that you can get things done by issuing some stocks?" It's still far from it! ”

After understanding the situation, Chen Xun, the patriarch of the Chen clan, also sighed and said, "Hey, although Your Majesty is ambitious, he is too eager for quick success, and I am afraid that he will give up halfway." ”

Tang Liang, the head of the Tang family, also shook his head slightly and said, "Your Majesty still doesn't know much about this business......

At the moment when a wealthy man in Yangzhou was secretly talking about Li Guanqi behind his back. In fact, Li Guanqi was already in Yangzhou, and at this time he was drinking tea in the back hall of the Yangzhou branch of Qianbao Bank.

Qin Minzhong walked into the back hall tiredly, his face could not hide his worry, to be honest, he did not approve of Li Guanqi's issuance of shares in his heart. It's just that Li Guanqi's previous novel and bizarre practices have been successful, which made him have a glimmer of hope for the issuance of shares, coupled with loyalty, so he actively went up and down. But today's incident is still a big blow to this old minister, and the dignity of the dignified prime minister was actually hung at the door all day. Hey, the old face is all lost.

Li Guanqi saw Qin Minzhong coming in, smiled slightly and said, "Gongmian is here?" Have a seat. Come and taste this tea, this is the big red robe that has just been paid this year, and it tastes really good. That, Yue'er, show Qin Xiang tea. ”

In fact, without waiting for Li Guanqi's orders, Yue'er had already come in with a teacup, gently placed it next to Qin Minzhong's table, and quietly withdrew.

Qin Minzhong picked up the teacup and took a sip gently, because he had something in his heart, he didn't taste anything, he squirmed his lips, and said after considering the words: "Your Majesty, ...... today"

"You're saying no one buys stocks, right?" Li Guanqi took the first step and said, there was no displeasure on his face.

"It's the minister who is incompetent......" Qin Minzhong said as he got up and apologized.

"You sit honestly." Li Guanqi waved his hand and stopped Qin Minzhong's movements, "This matter has nothing to do with you." I had expected this. ”

"Your Majesty has already anticipated today's situation?" Qin Minzhong asked in surprise. He didn't pretend to be surprised, because Li Guanqi was very confident in the matter of stocks, so he didn't sell a stock today, Qin Minzhong estimated that Li Guanqi was furious, but he didn't expect Li Guanqi to have already expected this situation, and he really couldn't understand what the young emperor was thinking in his heart.

"Stocks are a new thing, after all, and it's understandable that everyone is waiting to see what happens." Li Guanqi said unhurriedly, "But don't worry, it's only the first day." We still have time. ”

"......" Qin Minzhong didn't know how to reply, Li Guanqi was too optimistic, right? No one bought it on the first day, and you can expect someone to buy it later?

Li Guanqi continued: "Put the stocks that are not sold today and the ones that will be sold tomorrow for sale, a total of 2 million shares. However, the price needs to change a bit. ”

"Your Majesty is very true." Qin Minzhong said, "One or two pieces of silver is a bit expensive, and it can be lowered slightly." In the opinion of the minister......"

"When did I say I was going to cut the price?" Li Guanqi interrupted Qin Minzhong and asked.

"Didn't Your Majesty just say that you want to change the price?" Qin Minzhong said with a little doubt.

"I said I wanted to change the price, but I didn't say I wanted to reduce the price!" Li Guanqi said seriously.

"What does Your Majesty mean then...... Want to go up? Qin Minzhong asked in disbelief.

"Yes, it's going to raise the price ......" (to be continued.) )