Chapter 194: War Without Gunpowder (Seeking to Book a Monthly Pass)
Amsterdam in the Netherlands was the largest port in Europe at this time, and at the same time a real commercial capital.
Banks, bonds, stocks, futures, and other modern financial products were quite mature in the Netherlands in the 17th century.
However, as the most economically powerful Chinese empire in the world, although it started much later than the Dutch, it had a high starting point.
Last year, in order to raise funds, Huaxia issued the largest bond in history, the Suez Canal Bond, which amounted to 200 million Huaxia silver coins in the first tranche alone.
This is an economy that even the Netherlands can only hope to reach.
However, it is said that the scale of the upcoming Huaxia railway bonds will be as high as 300 million Huaxia silver dollars.
His Majesty wants to build a railway from Beijing to Ili, and then from Ili to Moscow, which runs through the east and west of China.
The first railway in China from Kaiyuan to Jingshi has already started.
The stock exchange of Jingshi was also officially listed, and Liaodong Bank, East Ryukyu Company, Manila Gold Mine, Waguo Mining, Liaodong Military Industry, Jianghuai Salt, Jiangnan Silk and Liaodong Glass became the first eight stocks to be listed.
Stock futures are a novelty for most people in this era.
However, Li Xianzhong saw his third child's talent in finance very early, so he often secretly opened a small stove for him to learn the common sense of financial warfare.
As for countermeasures against the Europeans, the East Ryukyus Company has long been preparing for it.
Due to Li Xianzhong's hegemonic monetary policy, the Huaxia silver dollar has now become the world's common trade currency.
Even in the Netherlands, the Chinese silver dollar can be used.
But to bring down the Dutch financial and monetary system, the silver dollar alone is not enough.
Because once the Dutch found out that the East Ryukyu Company had interfered with the Dutch financial system on a large scale, they would most likely ban the circulation of the Chinese silver dollar.
So they had to have a lot of guilders in their hands.
At present, one Chinese dollar can be exchanged for 4.3 guilders, and the exchange rate has not changed much.
So Li Xingzu decided to strike at the exchange rate first and find a way to devalue the guilder.
Only if the guilder depreciated in his hand could he exchange more guilders.
Although the guilder is a paper money, it is on the gold standard.
The Dutch issued as much paper money as they had gold.
In this era, different gold and silver linked banknotes did not have any credit, such as the former "Daming treasure banknote".
However, there is a difference in the exchange of gold and silver between the East and the West.
In Europe, 1 tael of gold can be exchanged for 15 taels of silver, and in Persia, it can be exchanged for 12 taels of silver, and in China it is currently exchanged for 10 taels of silver (the most exaggerated time is 4 taels of silver).
Because Daming silver is expensive and cheap, Europeans often brought a large amount of silver to Daming to exchange for gold.
The Spaniards moved almost all the silver produced in Mexico to Daming, exchanging silver for the commodities or gold they needed.
But the exchange rate is fair, and there is also a situation in Europe where gold is expensive and silver is cheap.
The Eastern Ryukyus Company could also earn the difference by exchanging a large amount of gold for silver in Europe.
Over the years, China acquired large quantities of gold from Manila, as well as from the Wa kingdoms, as well as from India and Persia.
In order to let Europeans one day taste the consequences of being arbitrarily exploited by exchange rate differentials.
Therefore, the East Ryukyu Company has a large amount of gold stored in its headquarters in Amsterdam, which is as much as 3 million taels.
In addition, more gold was shipped to the Netherlands by merchant ships.
Amsterdam's precious metals trading market suddenly flooded with gold for silver.
In just three days, 12 million taels of silver in Amsterdam's inventory were exchanged for gold.
And they continued to exchange, causing the entire Netherlands to be emptied of silver stocks.
At this time, silver began to rise, and soon changed from 1 to 15 to 12.
But even if the exchange rate between silver and gold rises to 1 to 12, it still can't stop a large amount of gold from pouring into the market to buy silver.
After the 10 million taels of silver poured into Britain and France were also exchanged, the silver of the whole of Western Europe was almost empty.
And it continued to rise to 1 to 10, smoothing out the exchange gap between the East and the West.
If the Dutch are unable to put in more silver, then the exchange rate of silver will surely continue to rise.
Although the Huaxia silver dollar is not pure silver, the purity is as high as 88%, and the Dutch refused to circulate the silver dollar because Li Xianzhong insisted on using the 88% pure Huaxia silver dollar as 1 tael of silver.
At this moment, in the face of the imminent collapse of silver, the Dutch government had to declare that the Huaxia silver dollar could be directly circulated as silver.
The Netherlands naturally has a lot of silver dollars in its hands in its perennial trade with China, and a large amount of silver dollars have been invested, which finally made silver not continue to rise wildly.
At this time, the exchange rate of the guilder against the Chinese silver dollar changed, and the guilder began to depreciate due to the crazy rise in silver.
100 grams of silver went from 6.67 grams of gold to 10 grams of gold, a one-third increase.
With the rise of silver, the Dutch guilder, which implemented the "gold standard", also depreciated sharply against the silver currency of China.
From the original 4.3 to 1, it was depreciated to 5.7 guilders to 1 Chinese silver dollar.
And Li Xingzu and Zheng Zhilong exchanged the 20 million Huaxia silver dollars in their hands for 114 million guilders.
As the exchanged silver returned to the Dutch in the form of Chinese silver dollars, the price of silver began to fall sharply, and the Dutch guilder began to rise, recovering to 1 to 4.5.
Zheng Zhilong said excitedly: "If we convert the guilder into Huaxia silver dollars at this time, then we can make a profit of 5.3 million, and the Dutch will lose miserably this time!" ”
Li Xingzu said with a smile: "Uncle Zheng, are you ready to stop?" ”
"The show has just begun, and the mere 5.3 million is barely worth the freight we paid to transport so much gold."
He soon had 1E guilders deposited into an ABN AMRO bank.
Of course, in order to avoid arousing the suspicion of the Dutch, he had the merchants of the East Ryukyu Company open dozens of accounts in their personal names.
He then asked Zheng Zhilong to use the East Ryukyu Company's properties in Europe as collateral and lend 1.3E guilders to the ABN AMRO Bank in multiple installments.
Dutch banks have just received a large amount of deposits, and now they are able to lend them out quickly, which is naturally what they want.
Although the amount of the loan was huge, the merchants of the East Ryukyu Company had enough assets as collateral, and there was no risk that the Dutch bank would not fail to receive the loan.
All procedures are in line with the bank's loan disbursement process.
In addition, Zheng Zhilong asked dozens of people to borrow separately, and each loan ranged from tens to millions, which did not attract the attention of the bank's "risk control".
At this time, Zheng Zhilong was a little puzzled, he said: "We save 100 million, and then borrow 130 million, why don't we directly borrow 30 million, wouldn't this cost a lot of interest." ”
Li Xingzu said with a smile: "Although Amster Adan Bank has only reduced its deposits by 30 million, we have 130 million bank deposits in our hands that can be withdrawn. ”
"Do you think there are so many deposits in the Dutch's bank that can be withdrawn?"
Subsequently, Zheng Zhilong sent people to various branches of the Dutch Bank to withdraw money.
Where is there so much reserve money in the bank's daily life?
Although ABN AMRO bought a day on the grounds that large withdrawals need to be booked a day in advance.
But soon rumors began to circulate that the Amsdam Bank was already an empty shell due to its lack of cash.
Countless panicked Dutch citizens also rushed to the bank to withdraw money.
There were Dutch people lining up everywhere to withdraw money.
Although the bank tried all kinds of ways to delay, such as making an appointment in advance and limiting the flow every day.
But this is obviously "there are no silver three hundred taels here", which will only cause greater panic.
Within a few days, the bank's reserves were used up.
The banks had no choice but to close their doors, which caused great panic.
On the stock exchange, ABN AMRO shares began to plummet, from 20 guilders to 6 guilders.
Dragged down by ABN AMRO, there was a panic in the entire stock market, and other stocks fell as well.
The market was full of panicked selling, causing stocks to plummet.
The largest stock market crash in the history of the Netherlands occurred on March 13 in the Western calendar, which coincided with a Friday.
As a result, Friday and the 13th are often referred to as "Black Friday".
As early as when there was a change in the silver transaction, the Dutch government paid attention to the East Ryukyu company behind the scenes.
But the Netherlands is a country that relies on commercial credit to survive.
The East Ryukyu Company did not violate the relevant Dutch laws and regulations, and it was difficult for them to take action.
But now it seems that the run on the ABN AMRO and the stock movement are all the fault of the Chinese.
It is clear that their goal is not just a Dutch bank, they want to bring down Dutch finance completely.
So the Dutch government decided to bail out the market.
Since the Chinese people used the ABN AMRO to make a fuss, then they took action to support the ABN AMRO.
As long as the ABN AMRO stabilizes, then the stock market stabilizes.
Because Li Xingzu had previously used more than 2 million taels of gold to buy silver, the Dutch government could issue a lot of guilders.
So the Dutch government released the news: with the growth of gold reserves, the Dutch government will print 100 million guilders.
And will use this money to support the ABN AMRO bank, and ask the majority of Dutch people to believe that there is no problem with the ABN AMRO bank's funds.
Sure enough, after the Dutch government spoke out, the crowd that ran on the ABN AMRO dispersed.
But the shareholders of ABN AMRO changed, and they were surprised to find that a Chinese man named Li Xingzu took the opportunity to buy 10 million shares of ABN AMRO on "Black Friday".
ABN AMRO has 20 million shares outstanding, representing 60% of its total share capital.
At present, Li Xingzu's personal shareholding has accounted for 30%, becoming the largest shareholder of ABN AMRO.
ABN AMRO is the equivalent of the central bank of the Netherlands, and it is actually controlled by a Chinese.
This is unacceptable to all Dutchmen.
The Dutch government owns 20 per cent of the non-tradable shares of ABN AMRO, as do several large Dutch business groups.
So the Dutch government issued a statement: 20% of the government's shares were entrusted to Dutch businessmen.
As a result, Dutch businessmen will continue to acquire a controlling stake in ABN AMRO.
For this kind of "cheating" behavior of the Dutch, Li Xingzu has long expected it.
So the three princes of China announced in a high-profile manner that he would take control of ABN AMRO and that he would buy a large number of ABN AMRO shares on Monday.
As soon as the market opened on Monday morning, ABN AMRO's share price skyrocketed from 5 to 6 guilders last week to 20 guilders, and then climbed all the way up to 30 guilders by noon.
That's five times the price on Friday, and many Dutch people can't resist the temptation to sell their shares.
In one morning, Li Xingzu's shareholding ratio rose to 38%, and he is about to surpass the Dutch.
As soon as the shareholders of ABN AMRO discussed, they absolutely could not let the Chinese people succeed.
So at noon, they announced that they would carry out a reverse takeover, and ABN AMRO increased its shareholding by buying shares.
In addition, the Dutch Republic also played the emotional card, calling on all Dutch people not to sell their shares to the Chinese.
The Dutch are not stupid, on the contrary, they are all shrewd businessmen, and now Li Xingzu and the ABN AMRO are rushing to buy stocks, and the shares of the ABN AMRO will naturally rise sharply.
How could they possibly sell? Instead of the Dutch selling their stocks, many people rushed to buy them in order to make a profit.
Sure enough, after the afternoon opened, ABN AMRO's share price continued to rise, and soon rose to 50 guilders per share.
At this time, ABN AMRO shareholders were also very excited, because they had collected 13% of the shares from the stock market by the end of the day, and they now have a 53% stake.
The plot of the Huaxia people to control the Dutch bank was completely crushed.
However, some attentive Dutchmen found that Li Xingzu's holdings of ABN AMRO shares were only 2 million shares, only 6% left.
Li Xingzu generously said that his acquisition failed and he could not obtain a controlling stake in ABN AMRO.
The Dutch realized that they had been fooled, and the ABN AMRO that Li Xingzu bought with 6 guilders sold 8 million shares at an average price of more than 40 guilders, making at least 250 million guilders.
This is equivalent to more than 2 years of income for the whole of the Netherlands.
And they found out that the controlling owner of the Dutch East India Company had become Li Xingzu.
It turned out that on Black Friday, he didn't just buy shares in ABN AMRO.
Stock exchanges in the Netherlands do not require the number of shares they have acquired to be made public.
Li Xingzu played a hand of "Ming Xiu Plank Road Darkness Chen Cang" and directly controlled the East India Company.
After that, he used the remaining 2 million shares of ABN AMRO shares to beat ABN AMRO all the way back from a high price of 50 yuan to 20 yuan.
Bankrupted a large number of Dutch stockholders.
And the shareholders of ABN AMRO and the Dutch government behind them have lost a "bottom up".
Of course, the most depressing was the Dutch East India Company, the most famous Dutch company that suddenly became the Huaxia Company.
Li Xingzu knew that the more than 500 million guilders in his hands could not be exchanged for Huaxia silver dollars or gold at all.
As a result, a large number of shares of the East India Company were collected to achieve a high proportion of control.
In this way, Huaxia did not waste a single soldier, and seized the Dutch East Indies, including Jakarta, from the Dutch East India Company.
Thank you for your monthly passes, recommended tickets, and follow-up support!!
(End of chapter)