Chapter 261: Issue shares

After a day of quarrel yesterday, Shangwen and Yingyu finally made a compromise with their enemies. An agreement was reached.

After operating for a period of time, Yingyu has rapidly expanded its assets from one thousand gold to five thousand gold. If this military order is added, its assets may rapidly rise to 30,000 gold. This is a staggering number.

Therefore, Yingyu's one-sided view is that there is no one in charge anyway, and the more you send, the better. You know, I know. God knows, earth knows. That's it.

However, Shangwen believes that such issuance may bring about an unfavorable situation for the issuance. After all, this is Qin's first stock. With the current situation of Qin State, bonds have just taken the place of currency, and metal coins and bonds that perform the functions of paper money are chaotic. The public's ability to accept and purchase is not yet known, so a large number of rash issuances. It is very likely to die suddenly. Moreover, this is a dividend payment. The amount of dividends and the amount of dividends are directly related to the value of the stock.

Therefore, Shangwen firmly disagrees with this approach, and in terms of face value, Shangwen believes that the current purchase value of the people in Qin should be taken into consideration. The best price is between one and a half two to three and a half two.

But Yingyu didn't consider these at all. It is believed that stocks can be issued with large denominations like bonds, and it is best to issue stocks with large denominations such as ten golds. Shangwen thinks Yingyu is crazy for making money. The atmosphere on both sides suddenly fell into a state of cold war.

But in the end Shangwen made a compromise. Agreed to issue another one thousand gold on the basis of the original one thousand gold. But the face value must be set at two and a half. This is absolutely not allowed to be changed.

Yingyu didn't know the truth at all, and saw Shangwen compromise. Although I was reluctant in my heart, I still reluctantly agreed. On the second day, the shares were officially issued.

The release location was chosen in an abandoned tavern on the edge of the Xianyang city wall. After a simple cleaning, it barely opened.

City wall, city wall. Shang Wen looked a little funny at the tall city wall. This is similar to Wall Street in the United States. The stock exchange was established on the edge of the city wall. WALL. Wall Street, Wall Street, the stock exchange, the symbol of finance. Now the State of Qin also wants to build his own financial empire on the edge of his city wall. Shang Wen always felt that he had a sense of dislocation in the times. I always feel that all this in front of me is true.

"Hey. Idiot, what do you think. Come over and direct, what to do." Yingyu roared dissatisfied.

"Oh." Shang Wen stopped this suspicion and returned to Qin's first securities company and stock exchange.

According to Shangwen, there must first be a large blackboard. The above shall indicate the trading price of the stock at any time. The blackboard is huge. It's as high as twenty feet. There is only one stock company on it. Wenyang Guns Factory. The princess did not shy away from her title, and openly used the name Wenyang. The first person in the history of Qin.

In addition to the blackboard, there are a large number of counters. And a lot of paper orders. The above uses Arabic numerals to explain the above numbers. Qin’s bonds have already begun to use Arabic numerals, but the popularity is still unknown. But in order to reduce the trouble, the explanation must be repeated so many times.

Customers only need to fill in the quantity and type, and there is no need to fill in the type at all, only one stock. price. Then make the payment, that's it. Stocks use a full-value trading system, not the margin system used in the United States at that time. Mainly, Shangwen is afraid of troubles that shouldn't arise. Plus the first release. After a simple comparison, if it can be implemented on a large scale, then the margin system can be implemented.

In order to create momentum. Shangwen made two firecrackers specially. Gunpowder is now a banned item in the Qin State. It is only available in Shangwen's arsenal. Paper is a luxury item. Shangwen feels sorry for such extravagance and waste.

Two cannon sounds. Represents the beginning of this stock issuance. People entering and leaving the city were quickly attracted by the deafening sound.

The attendant in the palace shouted loudly in a duck voice, explaining the benefits of stocks.

"Come buy it. The gun factory of the princess Wenyang of the Great Qin Kingdom issues stocks. With this, there will be an objective dividend every year. If the gun factory is good, there will be dividends to be divided." The duck voices tried their best to explain the benefits. .

Many onlookers heard that the eldest princess of the Great Qin Kingdom issued shares. Many people have not heard of the stock yet, and most of them have just accepted Qin’s first bond. At a loss, they decided to look at it again. So many are holding a wait-and-see attitude.

There was no movement in the duck's voice. He shouted again loudly: "Come and buy it. The face value is two and a half, and the issue price is one and a half, two and eighty cents. After this point, there will be no more." Everyone hesitated and talked to each other. Inquire. At this time, a young man boldly shouted: "This is true."

"That's not the case. Go in and fill out the form, you won't be able to buy it in a while." The young man rushed in. There is the first, there is the second, and then the third. That young man was the drag that Shang Wen was looking for, and there was no way he could do it. If this method is not adopted, the stock situation will suddenly freeze. Besides, this method is very common in stock trading. In order to increase the illusion of selling, dealers can often raise prices and deliberately create an illusion that dealers are buying in large quantities.

Soon the counter was overcrowded. Although these people made a lot of mistakes when filling out the form, they should not hinder the enthusiasm of these people to buy stocks.

According to Shangwen's meaning, the price began to rise. Soon the price on the blackboard has surpassed the face value. Although the number of people is a little less, the price once dropped to one and a half, two and ninety-seven cents. But soon, the price soared. This is because Shangwen properly let the duck voices release the Wenyang Gun Factory which has already received an order for about 150,000 guns. At this time, the price of stocks rose rapidly. The price suddenly broke through five and a half.

Yingyu was happily closing her mouth from ear to ear. "It's great, great. It suddenly rose to five and a half."

"Huh." Yingyu turned his face quickly. "I said it shouldn't matter if you sell a little bit more. Look. They buy more vigorously."

"It's noon, Mingjin. It's closed." Shang Wen shouted loudly.

"What, Mingjin, closing. It sold well, why did it close?" Yingyu exclaimed dissatisfied.

"This is a trading system issue. Closing. Closing." Shang Wen waved.

Drums to send troops, Mingjin retreats. Mingjin is also used in stock trading. Although many people didn't buy it, they felt very regretful and saw the increase so much all at once. My heart is very uncomfortable. But I heard that there is still in the afternoon. He was happy again.

The stock issuance is still a victory.