The two soon returned to Shanghai and cleared their rubber stocks. No pop-up window update fast //i Although many people are puzzled by their behavior of selling stocks at this time: isn't this giving away the hen that lays golden eggs? But this doubt obviously did not affect their enthusiasm when they took over.

Sun Yuanqi also asked Lilith to send a message to Sun Duoxin and Sun Duosen, hoping that if they buy rubber stocks, it is best to withdraw as soon as possible. As for what they will do, Sun Yuanqi is not easy to interfere with.

In addition, Tony also sent several of the most capable reporters in the group to Nanyang to investigate and secretly visit several famous rubber companies such as Lan Gezhi and Xue Nawang to see what was going on.

Founded in Shanghai in 1903 by the Englishman Mai Bian, the company is known as a rubber plantation, oil and coal, and timber harvesting. After the rise in international rubber prices, Mai Bian launched an offensive, paying people to boast about the arrival of the "rubber era" in Shanghai's Chinese and English newspapers, and the trademark of Langezhi Company occupied the front page of Chinese and foreign newspapers for a long time.

Mai Bien also held a weekly board meeting, and each time he took out a "telegram from the place of origin" and reported to the directors in a decent manner on the recent rubber production. Not only that, but he also pays dividends to the "shareholders" who buy Lan Gezhi shares every 3 months, and can get 12 taels and 5 yuan of silver per share. Under his series of agitation and manipulation, the stock price of Langezhi Company was speculated higher and higher, and the stock with a face value of about 60 taels of silver soon broke through the mark of 1,000 taels of shares, and it was difficult to find a vote.

As for the Xue Nawang Company, it is even more of a scam, and it also follows the example of Lan Gezhi to pay dividends to shareholders every quarter, 7 taels and 5 yuan of silver per share. It was also claimed that the quality of the rubber produced by the Scherner King Company was better than that of the Langezhi Company, and in the end, the stock price actually surpassed that of the Langezhi.

These rubber companies have all done huge sums of money on the China Broadcasting Company, and in Tony's heart, he completely believes that their information is true. He sent elite soldiers and strong generals this time, just to get first-hand information, so as to teach Sun Yuan a lesson.

Soon, the results of the investigation were available. These well-known companies have either only begun to plant trees on their plantations in Nanyang, or they don't even have a plot of land. The so-called rubber production is completely fictitious to the wall; The so-called dividend dividend is nothing more than tearing down the east wall to make up for the west wall!

After reading the investigation report, Tony was cold: If he hadn't escaped, wouldn't he have died miserably after the truth was exposed?

The stakes were so high that Tony didn't dare to be self-conscious, so he hurriedly took the investigation report and went straight to Beijing. After reading the report with a frown, Sun Yuanqi asked: "If the rubber stock bubble bursts, what impact will it have on the Chinese economy of Shanghai and even the whole of China?" ”

Tony rubbed his hands together and said, "Very deadly! We conducted a rough survey through the Shanghai Chamber of Commerce, and found that about 80% of all rubber stocks were bought by Chinese, and the remaining 20% were snapped up by foreigners in China. Many Chinese were not satisfied with rushing to buy in Shanghai, and also mobilized funds to speculate in London. Although Shanghai claims to be the largest financial center in the Far East, it has no capital to finance due to the concentration of financial resources to speculate on rubber stocks. The liquidity in the market, especially the liquidity of the bank, has been absorbed by rubber stocks.

"It is estimated that Chinese businessmen have invested about 26 million to 30 million taels in Shanghai and about 14 million taels in London. The Chinese government's disposable fiscal revenue is only about 100 million taels, and once the rubber stock bubble bursts, the huge amount of silver taels will flow out, which will cause the government to malfunction and the fiscal situation to deteriorate. Industry and commerce, on the other hand, will be dealt a fatal blow because of the shortage of funds and the decline in purchasing power. For example, the business of Far East Broadcasting Group and the MSG sales of Bloomage MSG Factory are expected to decline on a large scale. ”

"It's a sin, it's against it; O man who has done iniquity shall not live! Sun Yuanqi slammed the report on the table, "Will pie fall from the sky?" If you want to fall, it's a trap too! It's hateful that these people have fallen into the trap and are still drooling over the pie. The ancients said, 'A man dies for wealth, and a bird dies for food.' Sure enough! ”

Tony suddenly became nervous, and after Sun Yuanqi stopped going crazy, he said cautiously: "Even so, Lilith and I are okay, after all, we have successfully got out of the stock market." Even if the rubber stock bubble bursts and the business is difficult in the second half of the year, the previous profits in the stock market will be enough to make up for the losses,"

Sun Yuan nodded: This is also rare good news. It's just that I don't know how big and how long this stock market crash will be, and it seems that Jingshi University will have to reduce its expenses in the near future and be prepared for a protracted war.

Tony continued: "Johnson, do we still need a warning from the broadcaster? ”

"Of course!" Sun Yuanqi said categorically, "I will write a secret letter to the Military Aircraft Department immediately to report this matter." In addition, write a private letter, you can help me bring it to Shanghai Daotai, so that he can secretly control the masterminds of those leather bag companies and prevent them from escaping.

"You go back to Shanghai now, and when you go back, you will immediately hand over the letter to Shanghai Daotai, and then withdraw all the rubber companies, and then in a day or two, you will warn of the news."

Sun Yuanqi's measures can not be said to be unsatisfactory, but people are not as good as heaven. By the time he and Tony were talking, rumors of a rubber stock bubble had been spreading in Shanghai. The reason is very simple, although those reporters signed a confidentiality agreement, who doesn't have three aunts and eight aunts to buy rubber stocks? Since I bought it, in line with the moral principle of "kissing or not kissing, breaking bones and connecting tendons", I have to reveal some rumors, right? In the end, he repeatedly advised: "This is a secret, and it can't be spread casually!" ”

The more confidential the gossip, the faster it spreads, and in a short period of time, everyone in Shanghai is known, and at the end there is a sentence: "This is a secret, you can't spread it casually!" ”

As the rumors spread, the prices of several stocks such as Langezhi and Xue Nawang began to plummet, and the upward momentum of other rubber stocks was also curbed. However, the concept of "rubber era" is too deeply rooted in the hearts of the people, and many people are still holding their votes and saying: "Stocks such as Langezhi and Xue Nawang fell because they were fraudulent; If it is the stock of a regular rubber company, the price should still rise! ”

Heaven and hell are only one step away. Just as they hesitated, hell came.

Tony has not yet arrived in Shanghai, and the U.S. government has a piece of news: In view of the high price of rubber, the United States will restrict the use of rubber in order to prevent a large trade deficit.

As soon as the price of rubber fell in response to the news, the Shanghai market immediately followed suit, and rubber stocks suffered a heavy blow. Coupled with the rumors that had been circulating before, it quickly formed a big panic in the stock market. Everyone scrambled to sell their rubber stocks, and the price plummeted. In just a few days, stocks that were originally worth tens of taels or hundreds of taels turned into a piece of waste paper. As for Mai Bian and others, as early as the beginning of the rumors, they rolled up all the money and evaporated in the world.

After Sun Yuanqi received the letter from Cai Naihuang of Shanghai Dao, he could only sigh.

In Sun Yuanqi's simple consciousness, people who can afford to buy dozens of taels or hundreds of taels of silver and a share of rubber stocks are not poor. Now that stock speculation has failed, at most it will make these rich people lose some money. Subsequent developments proved that Sun Yuanqi's idea was "i, iive", because not only did individuals participate in speculation, but many money banks in Shanghai were also stirred up.

Financial institutions similar to banks, China has appeared in the middle of the Ming Dynasty, specific names include money bank, money shop, silver number, ticket number, etc., engaged in storage, exchange, credit and other financial business. After entering the Qing Dynasty, the money village has achieved great development, there are many private ticket numbers in various places, and the big money village can even set up branches in major cities across the country to achieve the world, such as Qiao Zhiyong's Dade Tong. The TV series "Qiao's Courtyard" also tells the history of the rise and fall of this kind of money bank.

With the opening of the country, foreign banks such as HSBC, Daosheng, Zhengjin and Citigroup have entered China, gradually compressing the living space of Qianzhuang; The Qing government also followed the situation closely and successively established the Bank of Communications and the Daqing Bank with official backgrounds. However, private banks still find their way out of the squeeze, that is, through a close network of people, they can flexibly provide microfinance services to local enterprises and businessmen. Because Shanghai Tang is populated, industry and commerce are developing, business volume is large, and private money banks are developing very rapidly. At the beginning of the 20th century, it was once in a three-pronged position with foreign banks and domestic banks.

Because of the small capital and the fact that most of the customers are acquaintances, private banks have many advantages such as flexible operation, simple procedures, and changeable forms. But because of this, it also has disadvantages such as non-standard procedures and poor anti-risk ability. Especially those small money banks, opened to make money, will be more unscrupulous when operating, in order to obtain huge profits. When the price of rubber stocks soared, countless small money banks rushed to the gold rush. There are two ways they can get involved:

One is to provide loans to speculators. This is an understandable business, as long as speculators provide sufficient and reliable guarantees, even if there is a stock market crash, the impact on the money bank is not great. But many money banks have "invented" a kind of chicken-and-egg, egg-and-chicken serial guarantee:

First, customers are allowed to use rubber stocks as collateral to obtain loans;

Then, the customer uses the loan to buy rubber stocks;

The customer then uses the purchased stock as collateral in exchange for a loan, and then buys the stock......

At that time, the profitability of rubber stocks far exceeded the loan interest rate of the bank, so that customers and money could make money, so why not do this business? But no one has considered the possibility of stock depreciation or even turning into waste paper, because everyone only has the word "fortune" in their heads.

Second, Qianzhuang directly participates in stock speculation. Because the money comes too quickly from stock speculation, you can't help but be impressed. And it's clear that the more you invest, the more you earn. Many money bank owners couldn't resist the temptation and began to go to the sea to catch fish. Although they are all small and wealthy, after all, the capital is too small, so they embezzle the money of the bank. The money in the bank is not all his own, and many of it is deposited here by depositors. Once the money is lost, won't the industrial and commercial owners who have saved money here also suffer huge losses?

What is even more odious is the boss of the big bank, such as Chen Yiqing, the owner of Zhengyuan Bank, Dai Jiabao, the owner of Zhaokang Bank, and Lu Dasheng, the owner of Qianyu Bank, who are not satisfied with embezzling the money of their own bank, and also borrow money from small bankers. The small money bank feels that the credibility of the big money bank is guaranteed, and they have money to make, so why not do it? Naturally, there is no disapproval.

Who knew that all of a sudden, rubber prices plummeted, rubber stocks became waste paper, and all investments were lost! The losses of Chen Yiqing, Dai Jiabao, and Lu Dasheng alone are more than 6 million taels of silver.

In just a few days after the stock market crash, dozens of large and small money banks in Shanghai collapsed, and the impact became bigger and bigger, and gradually evolved from a panic in the Shanghai stock market to a nationwide financial panic.