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Raising the deposit limit for entry into transactions is not a big deal, but it is not a small matter either. However, asking Lu Jian to go back to Luoling Island in person is still a bit exaggerated.
Looking at Mr. Lu, who was still refreshed and elegant after two days on the boat, Cheng Xi said with a half-smile, "Mingde, do you also think the admission price should be changed?"
Lu Jian said calmly, "This is a newly established bank, so how can we change the rules overnight? However, you can enter the market with just a deposit. If you encounter someone bold enough, they might use the method of borrowing to buy and sell short."
At the beginning of the establishment of the exchange, they had already made it clear that "using money to make money", but the entry fee was too low, so some people would inevitably borrow money to operate. The goods were still floating on the sea, and the air-to-air transactions were not much different from gambling. There was no shortage of people who were willing to take risks.
This statement clearly does not support changing the entry price, but in fact it wants to establish new rules in the trading market. There is a reason for this.
Cheng Xi said, "No matter how high the threshold is, there will always be people trying their luck. What I want is more people to join in."
Is it risky for retail investors to enter the futures market? It's incredibly risky. Two hundred taels of silver is definitely not enough as a margin. However, unlike future trading markets, these two hundred taels represent a one-year fixed deposit, equivalent to eighty or ninety thousand yuan deposited in a bank as margin. Without a certain level of wealth, can anyone enter the market? Furthermore, with her in control, this trading venue isn't just about attracting stock traders.
As expected, she refused to agree. Lu Jian nodded thoughtfully and said, "In that case, I will appease the shareholders. However, as the trading market grows, old issues will inevitably be brought up again in the future, so we should make plans early."
"Don't they just want to monopolize the entry qualifications?" Cheng Xi laughed. "That's not possible here, but in the future, when the fleet goes out to sea to raise funds, they can select a few guarantors for review."
If the trading floor is futures, then raising funds for sailing is like listing stocks. She has no objection to choosing a few brokerage firms. Moreover, having a threshold will prevent some guys who don't even have a ship from listing junk stocks.
The fleet going out to sea will publicly raise funds, and then distribute profits to all investors when they return from the voyage. This is something they have already agreed on. If a loophole is made in this regard, I am afraid that those companies will really agree happily.
But why is she willing to let go of this line, but cling to the first one? Does she want more small vendors, and even ordinary people, to join in?
After a moment's silence, Lu Jian suddenly said, "No matter how it operates, there will always be a few companies that will reap the benefits of the trading market. In fact, you don't have to worry, as long as the bank is still in our hands."
Perhaps all she cared about was control, but Lu Jian knew the appetites and courage of those wealthy businessmen better than anyone else. Not to mention those who had already joined, even those who didn't join immediately would try their best to get a piece of the pie in the future. Simply suppressing them would probably make the situation difficult to control.
"They can open their mouths, but they must watch their manners. Whatever the bank earns, whether it is deposits or stamp duties, must be invested in workshops, to recruit more weavers and craftsmen, to open up more shipping routes, and to build more fleets." Cheng Xi didn't bother to be polite with Lu Jian and directly drew the red line.
She certainly understood the power of money-making in the financial industry, but what she wanted wasn't the money itself, but the means of production and the products themselves. Through the production and sales process, countless ordinary people would be swept up in the wave, and vast sums of money would be dug out of the ground and put into circulation, benefiting both the wealthy and the common people.
The Red Flag Gang's goal is to transform itself into a monopoly, often called an "oligarch." Only by controlling the power of redistribution can its many goals be gradually achieved. Of course, this process cannot easily allow other predators to emerge and compete with it for the position of "oligarch."
This answer surprised Lu Jian somewhat. He could understand the Red Flag Gang's desire to collect money from the public, invest it in workshops, and seize market share. Using the trading floor to lure greed into the hearts of merchants, large and small, and sway their interest in the Red Flag Gang, thus deterring them from defecting when the Long Whale Gang attacked, was also understandable. However, what she wanted were workshops and fleets. These would certainly generate huge profits and monopolize the market, but Lu Jian knew Cheng Xi was a person who cared little about material desires. So, what was the purpose of all this? Was it to accumulate wealth and raise the flag of rebellion? However, her actions didn't seem like she was going to turn against the court.
In the past, no matter how confused he was, Lu Jian would not have asked. But today, he asked, "After we defeat the Long Whale Gang, what are you going to do?"
This was an inquiry into the Red Flag Gang's long-term plans, and also a way for a "partner" to test their future goals. Cheng Xi didn't answer, but instead asked, "What do you plan to do after you defeat the Lu family?"
This question made Lu Jian's eyebrows furrow: "Of course I have to replace him."
He wanted more than just to take charge of the Lu family; he wanted to create a new family even larger than the Lu family, with himself as the first head. It was for this reason that he chose to take over the bank, climbed aboard the Red Flag Gang, and recognized Cheng Xi as a person.
However, this goal did not move Cheng Xi. She just smiled and said, "I think so too."
What does the Long Whale Gang represent? It's the sea route to the West, a vast power that could monopolize the pepper trade. If they were to take over, they would have untold wealth and power that would make everyone tremble. Yet, they continue to linger at sea. How will she avenge her father's death? Or is this just a pretext, with other plans?
However, Lu Jian did not press the issue. He never trusted anyone easily, nor would he reveal his true feelings without reservation. It was only natural that Cheng Xi would be reserved with him. He simply nodded slightly. "News has come from Hepu that the Changjing Gang has captured Qiongzhou and killed tens of thousands of government troops. I think it's only a matter of time before they can control the situation."
This meant that the Changjing Gang had already cleared their retreat. September to February of each year was the best time for Hepu to attack Panyu, as the enemy could lead their army to attack at any time.
"I already know about this and am taking precautions. As long as you can stabilize the businesses of all sizes in Panyu City, that will be all that's needed." Cheng Xi answered calmly.
He was getting a little impatient. Lu Jian knew that this was not the right time to talk about anything else, so he stood up and said goodbye, saying that he needed to go downstairs to rest for a while. He had originally planned to stay on Luoling Island for a few more days, but he was afraid that would be a bit difficult. However, there was still a long way to go, so there was no need to rush.
However, when Lu Jian walked out of the door, he saw the man waiting in the yard. He was still standing tall and straight, with a resolute expression, but there was something different in his eyes.
"Chief Yan is here? I talked to the gang leader for a long time, which delayed your business." Lu Jian smiled gently and walked over slowly.
Yan Yuan's eyes no longer had the usual fear, but instead had a bit more scrutiny and contemplation. However, these were fleeting, and he lowered his eyelids: "It's okay, the things in Panyu seem more important."
Was this an acknowledgement of his status in the gang, or was there something else going on? Lu Jian was now completely alert, but the other party had no intention of chatting, and simply nodded before passing him.
Standing there, Lu Jian frowned and pondered for a long time, and finally took a step forward.
When they are far away, some things are hard to control. He should find a way to be in front of Cheng Xi more often, so as not to let others take advantage of him.
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