More and more Jin gentry merchants are making money, and the enthusiasm of Jin gentry merchants throughout Jiangnan has been completely aroused."

"Now not only the eight prefectures and states in the south of the Yangtze River, but also the gentry and merchants from Jiangxi, Fujian, Guangdong and even Huguang are coming here with their wealth and actively participating in bond transactions."

After saying this, Zhu Cihong added: "So, the bond market will only become more and more popular."

"Xun'er and Xi'er, you all remember it." Chongzhen's expression became serious, "Any bond market, when everyone in the market can make money, is not far from collapse.

The bond industry is currently in such a turbulent stage, and almost all the gentry and merchants who entered the market have made money from it, but the money in our Ming Dynasty is limited, and it is impossible to always have so much money for everyone to earn."

To put it bluntly, this is the economic principle of liquidity.

Zhu Cixiang was confused after hearing this, but Kang Xi immediately revealed that this little girl's business talent was really outstanding. With such a princess in the Ming Dynasty, she would probably not be short of money in the next few decades.

Kang Xi said: "My daughter-in-law understands, and will prepare money later."

"What do you understand?" Zhu Cixiang looked at his wife in astonishment.

"I'll explain to you later." Kang Xi smiled and said to Chongzhen, "Father, let's leave first."

"Well, you guys can go back." Chongzhen nodded lightly, and then ordered Wang Chengen, "Big companion, immediately send an express delivery to the Ministry of Internal Affairs and prepare to buy back the first tranche of bonds."

"Yes." Wang Chengen.

…

Except for Chongzhen, no one realized that the bond market was in flames and a disaster was about to come. Even Kang Wanwan and the other major shareholders of the exchange did not realize it.

Just when Chongzhen issued the warning, Kang Wanwan and others were taking stock of the year's general ledger at the stock exchange.

There is the largest and most luxurious box on the third floor of the Exchange. It is usually used to entertain distinguished guests like Wei Guogong Xu Hongji. When it comes to taking stock of accounts, it becomes the meeting room of the Exchange.

Kang Baiwan asked the clerk to distribute the accounts to every shareholder attending the meeting.

"This meeting should have been held a long time ago. It just happened to coincide with the second expansion of the stock exchange two years ago. There were too many things, so it was postponed until now. Let's take a look first. This is the profit earned last year."

Fang Wenzhen and a dozen other major shareholders opened the accounts one after another, only to see the total profit written on the first page.

Let me add that Arabic numerals have been officially promoted in the Royal Bank and the Stock Exchange. Big merchants such as Fang Wenzhen have accepted Arabic numerals and horizontal accounting from left to right.

"Profit 18 million?!" a shareholder exclaimed.
Chapter completed!