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Chapter 1127, the punishment must be severe

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    "This is really a good idea."

    "It is a new and good way to raise funds. If you wanted to raise funds in the past, in addition to asking acquaintances to raise funds or forming a partnership, you could only go to a bank or bank for a loan."

    "But it is simply impossible to raise huge funds of tens of millions of taels."

    "Now through this method, it is equivalent to raising funds from the people of the entire Ming Dynasty. Let alone 10 million taels, it is possible to raise even 100 million taels of silver."

    Li Dongyang thought for a while and couldn't help but nod. He admired Liu Jin deeply for being able to come up with such a method.

    "But it also needs to be strictly monitored. Otherwise, if the funds raised are misappropriated and empty, many people's hard-earned money will be wasted."

    Emperor Hongzhi thought for a while and said very solemnly.

    He was very concerned about the people. He immediately realized that although this method was very convenient to raise funds, it was indeed conducive to running some large projects and providing impetus for the development of capital.

    But similarly, if there is a lack of control, some people will definitely use this method to get rich overnight. The money is raised, but it is transferred to personal pockets, causing heavy losses to ordinary people.

    "That's true~"

    "So I believe that if funds are raised through this method, strict monitoring must be carried out, and a special stock exchange must be established to control all commercial banks listed on the stock exchange, supervise the use and flow of funds, and monitor earnings.  , regular dividends are distributed to fully guarantee the interests of investors.¡±

    Liu Jin also nodded solemnly. The stock market in later generations was more strict in reviewing listing qualifications, but there were still many loopholes, so that everyone wanted to make money by listing.

    "This method is possible, but strict rules and regulations must be formulated to fully guarantee the interests of investors!"

    Emperor Hongzhi nodded and said.

    It must be done. An Egyptian canal is a trivial matter. A project worth tens of millions of taels can still be done by Ming Dynasty. However, there may be more big projects and projects in the future, which requires a large-scale project.  Methods and channels for raising funds.

    The stock system Liu Jin mentioned is obviously a good idea.

    "Yes~"

    Liu Jin quickly nodded in agreement.

    I also laughed in my heart. If this thing can be done, then the development of Ming Dynasty will become even faster in the future.

    Stocks are actually created by capitalists. They need funds, but borrowing from banks and private individuals requires interest. By using stocks, you can use other people's money to do things without paying any interest.

    Once stocks are created, Ming capitalists who want to expand their industries will be less restricted in terms of capital.

    This will greatly promote the development and expansion of Daming Capital, thereby promoting Daming's development towards capitalism.

    "The Egyptian canal can be built in this way, and then the railway construction can be done in the same way. Railway construction is also a big project and requires a lot of investment."

    Liu Jin thought about railways. As the research on steam locomotives came to an end, Liu Jin estimated that construction of the first railway of the Ming Dynasty would begin in the 17th year of Hongzhi.

    The scale of investment in railways is very large. In later generations, the construction of a railway often cost tens of billions or hundreds of billions. In addition to using the country's multiple resources to complete such huge funds, raising funds through stocks is also a good way.  Method.

    In addition, the construction of the Daming Highway also requires very large funds.

    Although the imperial court is also building roads on a large scale, due to time constraints, there are still very few roads in the Ming Dynasty. There are only a few roads connecting north, south, and east and west. In other places, most places are still yellow mud roads.

    "Compared with the huge infrastructure construction of later generations, the current infrastructure construction of Ming Dynasty can only be said to be drizzle, and it has not even reached a certain level. There will be extremely huge infrastructure needs in the future.

    ¡°Moreover, the Ming Dynasty has a huge territory, not only the two capitals and thirteen provinces in the country, but also a wider area. It is estimated that infrastructure construction will not be a problem for two to three hundred years.

    Railways, highways, ports, bridges, reservoirs, canals, etc. Considering the huge territory of the Ming Dynasty, Liu Jin estimated that this infrastructure construction would not stop in the coming centuries.

    After the morning court, Liu Jin returned home and began to write out the relevant rules and regulations of securities trading in detail.

    Naturally, most of them still have to refer to the evidence of later generations.??They have tasted the sweetness and know how convenient and fast it is to make money by going public. When selling stocks makes more money than selling products, I am afraid they may not say so.

    Of course, it is possible that they will still be like this, after all, times are different.

    People in the Ming Dynasty in this era still had their own pride, and they had to pay attention to credibility in everything they did. Only Liu Jin himself knew many business houses in the Ming Dynasty, even the Zhang's Trading Company founded by the two brothers Zhang Heling and Zhang Yanling, which had the worst reputation.  They are all about credibility. In many cases, even if it is not written in black and white, everything agreed verbally by both parties must be implemented.

    "Compared with later generations who only looked at money and didn't care how the money came from, the current Ming Dynasty is still much, much better.

    The people of Ming Dynasty have their own pride!  (Remember the website address: www.hlnovel.com
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