The tenth day of the tenth month of the tenth year of the Xuanli calendar.
On this day, a major financial event happened in the Yu Dynasty!
All issued stocks at the Sitong Money House headquarters in Jinling and its branch in Wofeng City were listed simultaneously on this day!
Going public means that everyone who subscribed to the stock at the time can take the stock subscription form and officially trade in the two Sitong Money House trading halls.
On this day, the trading halls in both places were crowded.
However, to everyone's surprise, there were very few people selling, but more people buying!
The shopkeepers and clerks of the two Sitong Money Houses were extremely busy; they had to use pens to update the stock prices at any time!
Where does this price come from?
Of course it is an agreement between the holder and the person who wants to buy it.
"Brother, Xishan shares were originally issued at two taels of silver per share. How about I buy them for three taels of silver per share?"
The hands of the person holding the subscription form were shaking. Last year, he bought 300 shares of Xishan Shares and spent a full 600 taels of silver. Now, he made a profit of 300 taels of silver by selling them!
This is more profitable than any other business!
"Four ounces of silver per share, I'll sell it to you if you're willing to buy it!"
The man was silent for a moment, then gritted his teeth and said, "Deal!"
Therefore, the people from Sitong Bank wrote down the current stock price of Xishan Shares on the trading board: four taels of silver per share!
Jiang Yu was standing under the trading board at the moment, looking at it nervously. Oh my God, one share is four taels of silver. I bought one thousand shares, so I made two thousand taels, didn't I?
But before she could recover from the shock, Xishan shares soared again: five taels... six taels... eight taels... ten taels...
Ginger Fish opened his mouth wide, so nervous that he almost forgot to breathe.
There were bursts of exclamations in the trading hall, and the man who had first sold 300 shares was now wailing loudly: "My money... my money...! Give me back my shares, I won't sell them anymore!"
"Brother, this subscription form is now in my name. This is the rule, do you understand?"
The man cried heartbreakingly, and many people immediately covered the stocks in their hands, looking at him with extreme pity and full of luck - look at that look, I almost sold it when it was eight taels of silver per share just now.
Fortunately, I didn’t squeeze in, otherwise I would have lost a lot of money!
"Wow... Another deal for 1,000 shares! Xishan shares are now worth 12 taels of silver per share! Oh my goodness!"
"Lao Mo Zhai's stock has also started to rise..."
"It's starting to rise. Damn it! I'm going to divorce my wife when I get home!"
"Why do you say that, brother?"
"That long-haired, short-sighted woman! I didn't catch the initial offering of Xishan shares, but I said I wanted to buy a thousand shares of the Yingqiu Sima family's Jinzhi stock, but she only allowed me to buy a hundred... Look, Jinzhi shares have now risen to four taels of silver per share! I can make three taels of silver per share, so if I sell now, I can make three thousand taels of silver. Ah... Shit, Jinzhi shares have risen to six taels of silver..."
"Brother, let's divorce! I'm going to go back and divorce that bitch too!"
“…”
In the Sitong Money House in the capital city, some are happy and some are sad.
Those who are worried are those who bought too little or sold too early, but in today's first market, none of the 33 stocks listed by Sitong Money House have fallen by a penny.
This is a real bull market. All stocks are bullish across the board, especially Xishan Shares, which stands out.
By noon, it had soared to sixteen taels of silver per share, and no one was selling!
Naturally, the news was delivered to the palace very promptly, and Queen Shang and the eldest princess even forgot to drink tea.
"...We can earn fourteen taels of silver per share. How much did we buy in the beginning?" Queen Shang's eyes turned green. She never thought that this thing would be so valuable!
The eldest princess was no exception. She swallowed her saliva and said, "Your Majesty, you bought it yourself. It's 750,000 shares!"
Empress Shang opened her mouth wide, quickly calculating in her mind before muttering, "So... I've already earned 10 million taels of silver?"
"This... seems to be, this is comparable to our Yu Dynasty's tax revenue for half a year!"
After making such a comparison, Queen Shang was even more shocked. "Yes... This thing is so terrifying. Should we sell it or not?"
At this moment, a young eunuch beside Empress Shang ran in quickly, "Your Majesty... the latest price of Xishan shares is 18 taels of silver per share!"
"...it's increased by another two taels in just such a short time?"
"Your Majesty, this servant...is simply unbelievable. They're crazy! Those people are crazy! The Sitong Bank is almost bursting at the seams!"
Empress Shang calmed herself down and quickly asked, "What about Daoqiao shares? What's the price now?"
"Your Majesty, the price of Daoqiao shares just now was six taels of silver per share!"
"Ah...!" Queen Shang was shocked again. She grabbed the eldest princess's hand and asked, "How much did we buy in Daoqiao shares?"
"Six million shares!"
"...This is, my goodness, thirty million taels of silver!"
Empress Shang stood up suddenly and said, "Shurong, we made 30 million taels of silver from Daoqiao Shares!"
Princess Yu Shurong's face flushed with excitement. "Yes... 30 million taels, my God, that's 30 million taels in net profit... Is this true?"
Emperor Xuan had just walked into the Dieyi Palace when he heard the eldest princess's last words, "What are you...real?"
"Your Majesty...we are rich!"
"Don't talk about money. When I think of that missing mountain of gold, my heart aches like a knife!"
Emperor Xuan plopped down on the chair, and Empress Shang quickly added, "I'm talking about stocks. Stocks. Those stocks I bought at the Sitong Bank are officially listed today. We're making money!"
Emperor Xuan waved his hand. "That thing... I remember spending several million taels of silver from the treasury. How much did we earn?"
In Emperor Xuan's opinion, it was quite good to be able to make hundreds of thousands of taels of silver from these millions of taels of silver, but he did not expect that...
"Your Majesty, I originally bought 1.5 million taels of silver and 750,000 shares of Xishan, and then bought 6.6 million taels of silver and 6.6 million shares of Daoqiao. My total profit was... 40 million taels of silver!"
"What……?!!"
Emperor Xuan jumped up from his chair and grabbed Empress Shang's arm. "How much did you say?"
"Your Majesty, it really is 40 million taels!"
“…Where’s the silver?”
"It hasn't been sold yet. Once it's sold it will turn into silver."
"Then what are you waiting for? Sell them now, sell them all, hahahaha..."
Emperor Xuan laughed wildly, "I finally have the money to build these harem palaces!"
"Ah... No, this year the Yangtze and Yellow Rivers have suffered severe flooding... Oh...! Those damned officials, my money... I must chop off their heads!"
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