The exchange was crowded with people.
As soon as you step into the hall, you will feel a sense of sudden enlightenment. After all, it is a merger of several restaurants, and the middle hall occupies a very large area.
In the center of the hall hangs a sign with the stock prices and brief information about other listed businesses.
Occasionally, you would see a servant taking down the sign with a long pole and replacing it with a new price, which would cause a commotion in the hall.
The crowd in the hall was clearly divided into two groups.
Half of them were ordinary people dressed simply, while the other half were dressed in obviously more luxurious clothes.
As for the left and right sides of the exchange, there are tea rooms and restaurants for distinguished guests to drink tea and entertain.
Looking at this lively scene, Fang Zheng smiled.
Stock trading was initially established. Although it certainly cannot be compared with later generations, it has already taken shape!
I just don’t know how many people’s dreams will be broken here in the future...
Seeing him looking around, Li Yuanzhao pointed out in a pretentious manner, "This is the stock exchange. Many famous businesses in the capital are listed here and sell stocks publicly. Look at those people walking around and recording. Many of them are brokers in the capital who specialize in passing on information here."
"Once there is any sign of trouble, it will be immediately transmitted here and affect the stock price."
"The exchange has just been established, so it's a good time to buy stocks. Old Fang, listen to me and use all the money you bring to buy stocks! Don't even consider dividends. If the price goes up, we'll make money, and if it goes down, we won't necessarily lose money! It's always a profit!"
Fang Zheng turned his head and glanced at him as if he were looking at a leek.
Whether buying stocks can make money still needs specific investigation. Now, just because new things have emerged, everyone is hyping it up and it seems to be booming.
I need to consult Liu Zhongshun to find out the specific situation.
Li Yuanzhao was still in high spirits and said, "Come on, come on, while we eat I will tell you how to buy stocks! There are special seats upstairs, reserved for VIPs."
After saying that, he pulled him towards the stairs on the left.
When we went up to the second floor, the number of people suddenly decreased. The people who were drinking tea and dining on the second floor had obviously improved in status and were dressed luxuriously.
Under the guidance of the waiter, the two chose a seat by the side, from which they could just see the scenery in the hall from above.
After ordering a table of food and wine, the two began to drink slowly from small cups while looking down.
Halfway through the meal, Li Yuanzhao pointed down and said, "Look, Old Fang, the Yangjin Iron Factory is the hottest stock right now. If you listen to me and buy it, you will definitely make money!"
As he spoke, he pulled out a stack of banknotes from his chest and slammed them on the table: "This is the stock I bought some time ago. I bought 1,000 taels to try my hand, and now it's worth 1,200 taels!"
Fang Zhengyi smiled and said, "If you are so sure, why did you buy only one thousand taels?"
"Hey, I didn't understand the market before, so I just bought some for fun. I studied it for a few days, and now I can place a big bet!" Li Yuanzhao said, and then he started to talk nonsense again, "You don't believe me, right? I am the first person to play with stocks, and it will be too late for you to buy now. Let me explain to you why Yangjin Iron Factory will continue to rise in the future..."
Seeing his extremely experienced appearance, Fang Zhengyi suppressed his laughter and interrupted him, "Having said so much, do you think the reason why Yangjin Ironworks has increased in value is because it is the property of Duke Rong, and the iron from the ironworks will be used in the construction of railways in the future?"
Li Yuanzhao paused: "Ah, yes, is my analysis wrong?"
Fang Zheng pointed at the table and said, "Your Highness, think about it. Who has the final say on the use of iron for railways?"
"Of course it's the eastern suburbs... huh?" Li Yuanzhao's eyes suddenly widened and he slapped his forehead, "Hiss, the authorities are the most confused! Aren't you in charge of this thing? If you want to make money, isn't it the same as robbing money?"
Fang Zhengyi chuckled: "What else? It's just like robbing money. So, although this exchange is good, it has no rules, is too opaque and has many loopholes, and is very easy to be exploited. Once people with status enter the market, the rise and fall of stock prices will no longer be determined by the market."
"No, isn't this your first time here? How come you seem to know more about this than I do?"
Fang Zhengyi said nothing. He raised his hand and called the servant over, saying, "Go, fetch Liu Zhongshun for me."
The servant swallowed his saliva and asked cautiously, "Master...who are you looking for?"
"Liu Zhongshun, just tell him that the master is looking for him."
The servant looked at Fang Zheng carefully, and not daring to be negligent, he responded and turned around and ran upstairs.
Soon, Liu Zhongshun appeared on the second floor.
Seeing Fang Zheng coming, he hurried forward to salute and asked in surprise, "Master, why are you here?"
Li Yuanzhao's suspicious eyes moved back and forth between the two of them.
Fang Zhengyi pointed at Liu Zhongshun and explained, "He is the current manager of the exchange."
"No, no, it's all thanks to the master."
"The exchange...was also set up by you behind the scenes?" Li Yuanzhao was stunned and felt his face burning.
I was still telling people about my stock experience, but the founder was right in front of me! ?
"Lao Fang, this is not very kind of you! Why are you pretending in front of me?" Li Yuanzhao's face turned red with embarrassment.
Fang Zheng waved his hand and said, "Indeed, I instructed him to do this, but this is also my first time here."
After that, he pointed at Liu Zhongshun and said, "What is the current situation of the exchange? Please sit down and tell His Royal Highness the Crown Prince about it."
Liu Zhongshun was very happy: "It's really beyond imagination! Master, I thought the exchange would only be popular in a small circle when it was established, but I didn't expect it to be packed with people after just three days! There are so many people who want to get a piece of the pie that it's hard to count them."
"The amount of silver and money that has passed through the exchange in the past few days has been calculated in millions of taels! In addition to the first few business houses I joined, there are still many people who ask me to list their businesses on the exchange every day. However, we have not yet sorted out some links, so we dare not let newcomers list for the time being."
"Based on this trend, it won't be long before tens of millions or even hundreds of millions of taels of silver will circulate in the market at an extremely fast speed... It's really a bit scary."
Fang Zheng said, "Well, it is indeed developing too fast. It seems that there are many wealthy people among the people. If this trend continues, it won't be long before the imperial court will pay attention."
"Look at these people below. They have the word 'profit' written all over their faces! They are taking advantage of others. The imperial court cannot stand this."
"The more this happens, the more you should be stable! Find someone to come up with a more strict and detailed set of rules as soon as possible, and form a team. The listed transactions must be carefully reviewed, and the situation must be disclosed to the public in an open and transparent manner. If there is a small mess on your side, it will be a big deal among the people."
Liu Zhongshun reminded in a low voice: "Master, in fact, many of the businesses we have listed now have powerful backers in the court. If we do as you say..."
Fang Zheng sneered: "Those with backgrounds are really not used to following the rules. They always tell others not to do this or that, but they themselves are both this and that."
"If you want to make money in the stock exchange, I don't care what his background is or how arrogant he is in business. If you want to survive in my territory, you must follow my rules!"
......
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