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Soon after the establishment of the bank, under the instruction of Qin Mu, Xu Yingjie looked for some professionals to specialize in financial research.

In the future world, if you control the food, you will control all the people; If you control the currency, you control the whole world.

For the financial industry, Qin Mu will naturally not relax his research, the department in the bank specializing in financial research has gathered many elite talents in the financial industry in this era, such as how to control the financial affairs of Japan and North Korea, these people are in specific planning, formulating implementation details and steps.

Now he is already studying the feasibility of controlling European finance, and Qin Mu is still quite satisfied with this.

When it comes to launching stocks, he has a higher foresight than anyone in this era, and knows a lot of dark ways that most people don't know about the era when this stock is still in its infancy.

Qin Mu felt that it was a very good choice to manipulate European finance through the stock market, or to plunder the Western financial market in this way, or to simply collapse the economy.

Qin Mu wants to establish the stock trading market of Daqin, and also hopes that through this move, he can drive the scale and openness of the stock trading in the West, and only in this way can he have the opportunity to make money in the European financial scene.

The emergence of the stock market, its most positive and original purpose, is to provide a platform for enterprises to raise funds and share risks.

But, as Marx said, if there is a 10% profit, capital is guaranteed to be used everywhere; With 20% of the profits, capital can be active; With 50% of the profits, capital will take risks; For the sake of 100% profits, capital dares to trample on the laws of the world; With more than 300% of the profits, capital dares to commit any crime, even to the risk of hanging his head.

Driven by huge profits, the two most positive elements of the stock market: financing and risk sharing. It is often taken advantage of. Financing turned into a frenzied capital dispossession. Risk-sharing becomes a blatant transfer of risk.

Someone will make some very tempting bubbles, which look like golden eggs, and then take a handful of stocks and shout: Come on, this is a golden egg, can eggs and chickens, chickens and eggs, eggs and eggs are endless, when shareholders can't help but tempt and frantically throw money into it, the bubble bursts, and under the bubble is a bottomless black hole

And those companies with better profitability. For the sake of strategic issuance, additional shares need to be issued, so this can be roughly regarded as a real golden egg.

However, this kind of company generally owns the majority of the shares in the hands of the key management personnel, and usually they are not allowed to buy or sell their shares for a certain period of time. Only a small part of the money is raised from the community by issuing shares.

This so-called golden egg, to put it bluntly, is someone who uses your money to make their own money; And the risk of others makes you back. As for dividends, ha, that's going to be a general meeting of shareholders, with or without dividing, with more and less. Use the company's money to sell at a low price and buy at a high price to transfer funds, you know?

If you describe it vividly, the stock market is probably like some golden eggs and a lot of colorful bubbles placed together, and the golden eggs are real. But it's heavy, you can't move it. As for bubbles, that's not a pit, it's a black hole.

Newton's genius mind. It can calculate the trajectory of celestial bodies, but it can't do anything about a black hole that swallows a qiē!

The stock market is in a way. It's really like a financial black hole that swallows the dreams of countless people, and Newton's genius was made an idiot after entering the stock market.

The crazy stockholder and the genius Newton have only been in the market for less than a year, and even the underwear has been lost.

He worked for the Royal Mint of England for 10 years in vain, and he still saved the lost money without eating or drinking, which was worse than Yang Bailao.

From this point of view, Qin Mu knows very well that stocks are a double-edged sword, and if they are not legislated in advance, it can easily cause catastrophic consequences.

In particular, economic bubbles will form quickly, and once the bubble bursts, the economy will regress, production will stagnate, and society will be depressed

Therefore, it is unlikely that Xu Yongshun will soon establish a stock exchange and allow factories and trading companies to issue shares. It will take at least half a year, but it will only be like this for a year, Qin Mu doesn't want to drag on this matter any longer, he also wants to make money in Europe, right?

Xu Yongshun said with some immortality: "Your Majesty, it is better to do some experiments first, especially in the operation of the stock market, there is no ancient, there is no experience to learn from, Weichen thinks, it is better to allow some factories and trading companies with good performance to issue stocks; It's all a pilot;

As long as the number of factories or trading companies that issue shares in the first batch is not very large, and the problem will not have much impact, it is better than having no basis for exploration at the moment. ”

Obviously, the first batch of factories and trading companies to be listed will be the first to benefit from this, and Xu Yongshun has always been the representative of the "capital class" that Qin Mu has focused on supporting, and the opportunity for them to be allowed to issue shares first is undoubtedly the greatest, which is why he is so enthusiastic.

But from an objective point of view, Xu Yongshun's words are not unreasonable, and it is debatable that the knowledge about the stock market in Qin Mu's later generations was forcibly transferred and did not conform to the current economic model.

In later generations, there is a large amount of hot money in the stock market, but it cannot flow to the real economy, forming a deformed phenomenon, the stock market is very hot, but the real economy is in a harsh winter, enterprises want to develop, can not raise the funds urgently needed for development. The hot money in the stock market is overturned, but it has nothing to do with the real economy.

Originally, the original intention of the emergence of the stock market was to provide a platform for the real economy to raise gold awards that are urgently needed for development. The current economic model, and the speed of information exchange, even if there is hot money, I am afraid that it will be difficult to turn the clouds and rain in the stock market like later generations, and the methods of people in terms of financial inversion are far from reaching the level of the strange in later generations.

In other words, some laws and regulations in later generations may not be suitable for the current economic model and stock market, so it is necessary to do some pilots first.

Xu Yingjie also said: "Your Majesty, the minister agrees to do some experiments first, temporarily select ten or eight factories and trading companies, allow them to issue stocks, and trade freely on the exchange, first observe them, and see those risks before improving the corresponding regulations."

At present, it is necessary to conduct the necessary financial audits and supervision of these selected factories and trading companies, and formulate some temporary punishment measures for violations. ”

"Hmm." Qin Mu bowed his head and said, "This matter can be considered." ”

Xu Yongshun was secretly happy, and said with a smile: "This majesty"

"What, what?"

"Your Majesty, you see, the ocean trading company has a good performance, and it is a joint-stock trading company itself; In addition, Longjiang Shipyard is also one of the top shipyards in Daqin, with abundant talents and strong technology, which are very suitable for listing;

The minister believes that the people must be optimistic about these factories and trading companies, and the people buy the shares of these enterprises, which have low risk and easy profits, and can play a good supporting role in the newly established stock market;

As the saying goes, a good start is an important guarantee of success. If Daqin's stock market wants to quickly get on the right track and prosper, the companies selected for the pilot project will naturally pick the best.

The two companies mentioned by Chen are ranked first in the same industry in the entire Daqin, such as the orders of Longjiang Shipyard, which have been scheduled for two years, and are in urgent need of funds to expand their scale;

In addition, in terms of technology research and development such as iron kettle boats, it has also entered the final bottleneck stage, and it also requires a large amount of investment in research and development. ”

The so-called ocean-going trading company is an ocean-going trading company organized by Xu Yongshun in order to open up the east-west trade routes blocked by the war.

In addition to trade with Japan, Korea, and Southeast Asia, it mainly traded with Portugal and the British East India Company in the East-West trade, and the number of merchant ships in this ocean-going trading company has now reached 232, and the speed of development is astonishing.

Trade routes have been opened up to the west coast of Africa, the Red Sea, the Persian Gulf, etc. Among them, Qin Mu, in the name of Yun Qiaoer, holds 31% of the shares and is the largest shareholder.

Xu Yongshun, Liu Changzuo and others respectively hold different shares, and military generals such as Liu Meng and Meng Ke also have some shares.

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PS: To be honest, I'm a person who can't manage 100 yuan well, involving financial stocks, writing very hard, walking on thin ice, if there is anything wrong, everyone is welcome to correct, you can express your high opinions in the book review area, and everyone will exchange ideas.

There are still a few days, and it's the end of the month, and in previous years, from the 29th, it's all double monthly passes, well, let's ask for some subscriptions and recommended tickets today. (To be continued......)