Of course, the ultimate goal is to make the country rich and the people strong, Liu Xing also took into account the risks of the stock market, and at the same time promoted social change and accelerated economic development, Liu Xing also let a group of financial officials led by Zhao Ding and Su Quan formulate a relatively complete risk avoidance system.

After Zhao Ding formulated the set of rules and presented it to Liu Xing, Liu Xing dared to make up his mind to officially promote the exchange and promote it to the stage of preparing for reorganization and preparing for the opening of the market.

Liu Xing's idea is good, but will the first batch of trading company managers, especially those who now hold the largest shares, be willing to do so?

Prior to this, when Liu Xing asked Zhao Ding to take the lead in the investigation and asked the Four Great Silver Numbers and the Ministry of Military Intelligence to jointly approve and investigate the actual situation of those trading companies, Su Quan had actually successively met with the largest shareholders of those trading companies in the form of private meetings.

According to the results of Su Quan's interview, 40 of the 42 trading companies were worried about not being able to obtain more funds and watching many expand their business scale and increase their profits.

Therefore, as soon as the largest shareholders of the forty companies heard that Liu Xing was ready to plan this new means to help them raise funds, they all applauded on the spot and firmly expressed their active support and response.

Only an insurance trading company in Shanxi and a joint venture private bank in Taiyuan Province expressed no interest in this.

Because they have enough capital and do not seek to get out of Shanxi and seek more profits, they are the largest shareholders of the typical kind of "contentment and happiness that become unenterprising" in control of those two trading companies.

For those two trading companies, Liu Xing is actually very sure that they will respond to the call of the imperial court in the future and join the queue of public offerings. Why is Liu Xing so sure? That's because in fact, there were already countermeasures in his chest, and Liu Xing had already thought of a way in advance.

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With the internal original shares and the basis for non-public issuance of shares, Liu Xing is ready to push his nine major trading companies into it for an initial public offering on the day when Jingdong Exchange officially changes its name to Bianjing Exchange and opens a gong to officially put into operation.

After raising funds, he set up a new separate industrial zone for his trading company in Cangyun Valley of Wangwu Mountain, Yuhang County at the foot of Tianmu Mountain, and Xiangtan County on the Xiangjiang River in Hunan. In order to expand their own capital strength, in order to continue to be the absolute leader of the world's merchants, and strengthen the self-protection of the supreme power.

Of course, if it is just his own trading company as the first batch of public offering entities, it will be too eye-catching, and Liu Xing does not want to be criticized for this reform as actually using the power in his hands to carry out legal abuse of power for personal gain.

Therefore, Liu Xing had asked Su Quan, Zhao Ding and others to do a good job of investigation in conjunction with the general office and general manager of the four major silver accounts, and preliminarily delineated the list of 42 large trading companies that were allowed to be publicly offered.

The reason why those 42 large trading companies were circled by Liu Xing in the first batch is mainly due to the bright spots: First, those large trading companies have all been converted from official to private or government-supervised commercial offices to fully private trading companies, and their assets and capital are well known to the Ministry of Households, the Ministry of Trade and Commerce, and the four major silver accounts.

Only by knowing its true strength can we ensure that shareholders who buy its shares after the public offering will not easily suffer losses due to the loss or even bankruptcy of their trading company.

Knowing its actual assets and capital, it is possible to be sure that the funds from its public offering are indeed used to expand its operations, and it will be supervised by the Financial Authority, the Ministry of Households, and the Ministry of International Trade.

Second, the 42 trading companies that were designated in the first batch were engaged in industries with high input, high returns, and relatively low risks. Such as insurance, private silver trumpets, craftsmen's societies engaged in the long-term supply and transportation of military equipment, private docks, private carriages and horses, and so on.

High investment, high returns and low risk add a layer of protection to ensure the interests of shareholders. And at the same time? Those who have money in the private sector do not worry too much, because those trading companies have already gained a high reputation and credibility in society.

It is believed that with the popularity and credibility of those trading companies, their public offering and financing will not only not cause a negative reaction, but will greatly stimulate the desire of private capital to enter the stock market and even set off a wave of discussion and stock purchase.

Once the tide is formed, a large part of the surplus funds of most of the current private sector will pour into the stock market from the deposits of the four major government-run banks, thus accelerating financial development and playing a strong role in accelerating the overall development of the economy and social change.

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Although he didn't know much about the stock market in later generations, Liu Xing still studied finance-related things for a period of time during his college years in the past.

According to Liu Xing's understanding, the various commercial groups in the Song Dynasty, whether they are private or government-run, have actually carried out preliminary unfair development of shares.

Because even among the four major government-run silver accounts, middle and high-level managers will receive some additional rewards at the end of each year. said that it was a reward, but in fact, Liu Xing, who set that kind of rule, knew better that it was actually a dividend to middle and senior managers, which was similar to the dividend of executive equity.

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As long as the rewards of those individuals are clearly defined as the executive equity of the operating managers, the first original internal shareholders will emerge.

In the process of promoting the innovation of the government-run silver account, there are still many private businessmen who have a certain share capital in the four official accounts.

For those share capital, Liu Xing's idea is to directly turn it into non-public equity, and completely change its nature into a stock nature. In the future, they can trade and transfer freely and autonomously. Of course, at the time of transfer, the imperial court will levy a certain transfer tax.

Creating new growth points for taxation is only one aspect, the most important thing is that Liu Xing's biggest goal of transforming capital into a demutualization is to completely turn the Great Song Dynasty into a capital country with a high degree of autonomy, free flow, and a convenient imperial court bureaucracy.

Only by pushing the Great Song Dynasty from the current system, which is still dominated by the traditional agricultural economy, to a society dominated by capital operation, then even if Liu Xing no longer holds the supreme power in the future, capital will give full play to the benefits of its double-edged sword, help itself to hold the latecomers hostage, and ensure that today's changes are not easily overthrown in the future.

This work has turned on the anti-theft mode, to see the genuine version, please go to the starting point Chinese network, otherwise you can only read the chaotic preface. (To be continued.) )