"Show me the telegram..." Xiao Letian's trembling voice came from behind Xiang Ying. The three of them turned around and realized that the Prime Minister was already standing right outside their cabin door.
At the moment, the Prime Minister was extremely excited, his face was red from the alcohol, but he was not drunk yet, so he took the telegram from Xiang Ying and read it ten times.
"Hahaha …" Wine! Give me wine! I've finally done it, I've finally done it! "
The news that Liu Chouchu had sent over was extremely good. The basic rules of the stock market that Xiao Letian had drafted had already been accepted by the 30 man team without any major modifications, and everything was going according to the original plan.
"I had thought that the opposition would be great. I thought that the merchants of Daqing wouldn't be able to accept this new thing. I didn't expect it to be so smooth, such a smooth process!"
Xiao Letian was right, the Paleogene's ability to accept new things was slow. If it was during normal times, then a large number of Jiang-Nan merchants would definitely wait and see. Not everyone would be willing to take out their own shares to sell.
The Paleogene and the modern man had completely different thoughts. The Paleogene emphasized on families, inheritance, and the descendants of businesses, so under the influence of this thought, the Chinese merchants had to be more steady. Even if they were a little slower, it didn't require too much speed.
Selling shares to strangers was an extremely dangerous business activity that they did not want to try.
But today's rare financial crisis has engulfed Jiangnan, in the critical moment of life and death, tradition must give way, survival is the first priority, everything else has to be sidelined.
In order to save the money, they could even accept high interest rates of four to five cents, compared to the danger of the stock market being much smaller than the loan sharks.
Xiao Letian excitedly poured wine for everyone. "Done, I never thought that it would actually happen, our Chinese warships have added the huge steam engine Jiang Nan has built, from today onwards, I will no longer worry about motivation anymore. This is the unending flow of money!"
"Come, cheers!"
"Where's Zai Chun? Did he fall asleep already? Sigh … After all, he's still just a kid. Let him rest, and I'll tell him about this tomorrow! "
Just when Xiao Letian was happily pouring wine for everyone, Wang Huaiyuan actually stayed silent. In his hands, he held the original draft of the stock market, reading it one by one. Sometimes, he would look over a set of rules three or four times.
Xiao Letian clung onto his shoulder and laughed, "Such a joyous moment, why don't you drink and look at these boring rules? "He still has a look of pity on his face. What are you thinking about …"
"I was thinking about the stock market! I was still thinking about the Southern Ticket Gambling from before … "The Chinese people are too gamblers, from the top officials to the rich, there is nothing that doesn't like to gamble. Before, CIA had investigated and when the Gambling didn't revoke the bet, there were even hawkers who bought vegetables and sent their microblog to the Gambling to gamble on southern tickets …"
"Now the stock market... Just this secondary market... This was a huge gamble. How many hundreds of people had suffered in this gamble? Would there be a stock boom or bust? "If that's the case, the commoners will suffer …"
Patting Wang Huaiyuan's shoulder, Xiao Letian shook his head: "That's right, what you said is correct, this kind of situation will definitely happen, but we cannot not do it just because it is dangerous, because choking on food is not advisable!"
"Actually, stock trading has existed since ancient times in China. If a merchant wants to do business, what if he doesn't get his hands on the money? If that's the case, then we have to get more people joining hands to do this business together, and then split the profits to earn money! "
"My father-in-law is Master Fan, he once told me about his experiences of running away with Hu Niu and her grandfather … "At that time, the Fan family's family was in decline and had long lost the glory of the Kang Yong Gan period. In Shanxi, they were the small traders …"
This is not a simple matter. From the beginning of the year, we had to prepare the supplies, then organize a team of horses, lackeys, and ask the Master of the Escort Office to protect us. Then, we picked an auspicious day to set off and traveled all the way to the plains, selling off the salt, tea bricks, ironware, and herbs …
"In the end, the money I earned would have to be exchanged for cowhide, wool, dried meat, and mushrooms … "Wait for the goods outside the mouth, and then bring them back. They continue to turn into ready silver …"
"With such a large scale material transfer, the workload is extremely huge. There are also many funding requirements. Actually, I can only make a round trip every year …"
"At this point, the small merchants with insufficient funds will pay for each other and invest in a caravan to take on the risks and share the profits! Maybe everyone's investment in this business has been doubled, maybe this business has met with natural disasters, and the bandits' wars have failed to even make a single loss. This is all life! "
"No one has any complaints, because all the investors have already mentally prepared themselves. You laugh, you drink and you eat meat. If you do that once, then don't even think about joining the circle of Jin Shang anymore, everyone will reject you! "
"It's the same with the stock market in Jiangnan right now. You just think of him as a joint investment of tens of thousands of people into a large trading company. People only hope for a year to see a flourishing business and everyone will get a dividend!" Everyone should be aware of this before entering the market.
Xiao Letian raised his head and drank a glass of strong alcohol, "What we need to do is to use the law and violent methods to guarantee that all the companies that go public will not cheat the minority shareholders, and even more so, use all kinds of methods to refuse to pay the dividends!"
"The purpose of investing in your stocks is to earn money, not to accumulate virtue and do good deeds. As long as you earn money, you must pay dividends … Don't talk about keeping your profits to expand your operations, what ordinary people want is profits, and what they want is the return of their funds! "
"As long as we implement the bonus system and complete it, the market will naturally stabilize. Even the situation you mentioned about the secondary market turning into a casino can be effectively suppressed!"
"If you want to analyze it this way, there are only two ways that people can take money and put it into the stock market. One is to obediently eat the annual dividends, and the other is to eat the fluctuating prices of the secondary markets!"
Human beings are not fools. If they were to invest some money, they would have to consider the profits. If they could get 20% of the dividends every year, then Investor would be able to take back the capital within five years.
"However, one share price has gone up into the sky. The people can see how expensive an investment is, and if they can't take back their capital even after 10 to 20 years, they will retreat. This is the market's natural selection. We won't forcefully interfere …"
"You have to believe in the eyes of the people. It concerns your own interests. Their wisdom is endless. They can clearly calculate this debt!"