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Chapter 1130, Stocks and Railways

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    The spring of the seventeenth year of Hongzhi passed quickly, and Liu Jin was very busy.

    The Tianjin Stock Exchange, the first railway of the Ming Dynasty, the Egyptian Canal, matters of his own bureaucracy, etc. Liu Jin was so busy with many things that he was dizzy, and a few months passed in the blink of an eye.

    When summer just started, things about the Tianjin Stock Exchange and the first Beijing-Tianjin Railway in the Ming Dynasty were finally busy.

    ¡°Sell newspapers~Sell newspapers~¡±

    ¡°Breaking news, big news~¡±

    "The imperial court established the Ming Stock Exchange in Tianjin~"

    "Beijing-Tianjin Railway Commercial Bank will become the first commercial bank listed on the stock exchange. Anyone can subscribe and purchase shares of Beijing-Tianjin Railway Commercial Bank on the securities exchange."

    With a hint of chill, the Beijing-Tianjin area once again ushered in a new day. In the streets and alleys of the Beijing-Tianjin area, newsboys walked along the streets carrying a large number of newspapers, shouting loudly as they walked.

    With the shouts of the newsboys, the entire huge city seemed to wake up all of a sudden.

    Originally there were only a few people on the street, but soon a large number of people poured out from every corner. These people quickly came to the newsboys, holding the copper coins that had been prepared in their hands, and quickly handed out the newspapers one after another.  Buy them and deliver these newspapers to your master.

    Then there were more and more pedestrians on the street. Some were in a hurry to go to work, and some were very leisurely, holding newspapers in their hands, preparing to go to the teahouse to drink morning tea, read newspapers, and chat with friends.

    There are also busy four-wheeled carriages that are constantly traveling on the streets, loaded with all kinds of goods, looking very hurried.

    From each shop along the street, waiters came out one after another, closed the door panels, and began to prepare for a new day of business. As for the teahouse, it was already overcrowded very early. Many teagoers gathered together in twos and threes, holding tea in their hands.  newspaper, drink tea, have breakfast, discuss a few words from time to time, and at the same time patiently wait for the arrival of the newspaper reader.

    The tea house business is currently the best and most stable in the entire capital, and it is also the largest number of businesses in the entire capital. It can be seen almost everywhere.

    Young and old men in the capital also like to go to teahouses to drink tea and chat. Of course, the most important thing is to listen to the newspaper reader interpret the news of the day.

    Everyone has their own views and opinions regarding newspaper reports. Limited by their own knowledge and cultural level, not everyone may be able to understand what is reported in the newspaper.

    Of course, the main reason is that there are too few people who are literate in this era, so the profession of Mr. Newspaper Reader has emerged.

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    Only in this way can we have an in-depth and detailed interpretation of the news content involved in the newspaper, so that tea drinkers can be inspired and benefited. Only in this way can we drive the business of the tea house and attract people to come to the tea house to drink tea every day.

    Tingyu Pavilion is the most famous teahouse in Beijing. Mr. Yang of Tingyu Pavilion is also recognized as one of the most powerful newspaper readers in Beijing. He can draw inferences about almost everything in the newspaper, quote from classics, and explain the current situation of the Ming Dynasty.  clear.

    Therefore, before Tingyu Pavilion opens every day, many tea-goers come to drink tea and listen to newspapers. When the door opens, there are basically no seats left.

    Today is the same as usual. Almost every one of the many tea drinkers has a newspaper, and they are discussing it with the people around them while reading it.

    "What is the purpose of this Tianjin Money-Making Exchange?"

    "Isn't it made very clear above? It is mainly used to trade stocks, and these stocks are the shares of a commercial bank. If you spend money to sell the stocks, you become the shareholder and owner of the commercial bank."

    "Is there such a good thing?"

    "That's not the case. Isn't it written very clearly above? Look at this paragraph carefully. Is it like this?"

    "It's just that the commercial banks listed on the Tianjin Stock Exchange are very large commercial banks, and they often cost millions of taels of silver. In order to allow more people to invest and share the profits, the shares were split into hundreds of shares.  Ten thousand shares, one tael per share, everyone can buy a few shares, invest in this business, and when the business makes money, it can use the money earned to distribute dividends."

    "You can get a corresponding amount of dividends based on the stocks in your hands."

    "With just one tael of silver, can I become my boss?"

    "One tael of silver"Borrow money from wealthy relatives and friends to raise funds.  "

    "But if one day Zhang San needs to do a really big thing, for example, Zhang San wants to build a highway from Beijing to Liaodong, this may require three million taels of silver."

    "What should Zhang San do?"

    "You may not be able to borrow such a huge amount from a bank. Borrowing money from relatives and friends, even if you borrow all the money, is not enough."

    "But Zhang San values ????the benefits of building a cement road. After the cement road is built, even the tolls will be enough for Zhang San to make a lot of money in the future."

    "So Zhang San came up with a way. He proposed his idea of ??building a highway, raised funds from everyone in the entire Ming Dynasty, and promised that in the future, he would use the proceeds from the highway to distribute dividends to all investors."

    "This is actually the essence of the stock exchange. Its essence is to raise funds from the society and gather idle funds to do big things, build roads, build ports, etc." (Remember the website address: www.  hlnovel.com
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