Chapter 850
Before the shareholders' meeting was finished, most of the onlookers had slipped away. Even the shareholders who were attending the meeting escaped by going to the toilet and went home to raise money.
The problem with JAC Cotton Industry this time is that no one acquires cotton, and now JAC Cotton Industry acquires Qian's Weaving Industry and directly controls the textile workshop, which solves this problem.
In fact, Qian's Weaving Industry is only medium in scale, and can only consume three million kilograms of cotton a year, while JAC Cotton Industry's cotton production is more than 10 million kilograms.
However, stock investors and businessmen did not go into it in depth and did not care about so many.
In addition to having strong foundation and supporting performance, the most important thing for listed companies is to be able to tell stories.
The acquisition of Qian's Milk Industry will control the entire upstream and downstream industrial chain, improve the competitiveness of JAC Cotton Industry and Qian's Weaving Industry, and gradually become the largest cotton spinning group in Jiangnan.
This story is touching enough and gives investors enough imagination, making everyone excited.
For a time, merchants and ordinary people all raised a large amount of money and prepared to rush to buy stocks after the market opened.
At this moment, news came from the court that the Regent would launch a large number of troops to the Huaihe River, preparing to recapture Xuzhou, and immediately let the rumors of the Qing army going south be broken.
In the afternoon of the same day, JAC Cotton Industry's stock was suspended.
With the sound of a gong, countless people rushed into the stock exchange to rush to buy stocks.
However, after this time, who would sell? The stock price rose six times at the opening, returned to the stock price of 60 taels, and continued to surge rapidly.
For a moment, the merchants and people holding the stocks in their hands were so excited that they danced with joy, while those who sold the stocks were like losing their parents.
On the exchange, everyone was crazy as the stock price gradually rose from ten taels to hundreds of taels.
The person who didn't buy stocks at this time couldn't help but question the trader.
"Why are there no stocks?"
"Why don't you sell more? We want to buy stocks!"
Seeing the excitement of the crowd and was about to evolve into a group event, the exchange Si Zheng Xia Wanchun could only stand up and whisper loudly: "Don't worry, everyone! There are not many people selling the shares of JAC Cotton Industry for the time being, but the stock exchange will soon have two companies, Lianghuai Coal Industry and Lianghuai Salt Industry, which will be listed. Everyone is welcome to subscribe to it at that time."
"Xia Sizheng, when will the subscription be opened?" asked a big merchant.
Xia Wanchun said: "The exchange is about to complete the review. After completing the process at the end of this month, it will be officially listed!"
"It's too late! We're going to buy it today!"
"Yes! It's too late! We're going to buy stocks now!"
The gentry and merchants were crazy about ten times the huge profits, completely forgot the very small line of words that said "The stock market has risks and needs to be cautious when entering the market."
This is what Zhao Ming ordered to add, and it also makes people print it very small and makes people difficult to pay attention to at first glance. Just like the exquisite packaging of the goods, there are pictures written for reference only.
Xia Wanchun couldn't help frowning when he looked at the excited and crazy stock investors.
To be honest, he was forced to open business, and the scene in front of him did not conform to his values.
Unfortunately, the Regent appointed him to manage the stock exchange, and he had to do this thing that he didn't like very much.
Zhao Ming was very pleased when he saw people's enthusiasm. The market was so hot that there would definitely be no problem when the stock was sold.
After the stock of JAC Cotton Industry rose to 100 taels, some stocks were sold one after another.
These days, the stock price is in the sky and underground, which makes their hearts really unbearable. Some timid investors are afraid that they will make another profit, and they will rise to 100, and they have already made a lot of money, so they decided to take action.
However, as soon as this stock was shipped, it was immediately stolen, and it was impossible to satisfy the crowds of people on the exchange.
At this time, I saw that the stocks were so profitable. I wanted to buy those who hadn’t bought them, but I wanted to buy them even more. I regretted them even more.
Now, if Jianghuai Cotton Industry can't buy it, they can only hope to buy stocks of Lianghuai Coal Industry and Lianghuai Salt Industry.
The names are almost the same, and stocks will definitely make money!
At present, Xia Wanchun can only guarantee that the process will be simplified, the inspection will be completed in three days, and the launch will be launched within five days, and many investors will reluctantly agree.
At this time, Xia Wanchun wiped his sweat and came after walking, and couldn't help but say in a deep voice: "Your Highness, this is too crazy! I think it may not be a good thing! It must be restricted, so that the people cannot feel that making money is so easy!"
Regent Zhao Ming patted his shoulder and said in a deep voice: "Then set up a circuit breaker system. If the increase or decrease is too large, the exchange can be circuit breakered and trading will be suspended!"
Xia Wanchun still feels that this stock has many disadvantages, which will cause many people to lose money and make the social atmosphere more greedy.
Seeing his expression, Zhao Ming immediately patted his shoulder and comforted him: "Xiao Yin, the goal of stock market trading is to raise funds for the company so that the company can develop and create more wealth for the court and the world. It is not to make people maliciously speculate and short stocks. The responsibility of the stock exchange is to ensure smooth financing and safeguard the interests of shareholders. His role is good, but the key is to not let people benefit and take advantage of loopholes! Do you understand?"
The company's capabilities are very powerful. If several giants like the East India Company appeared in the Ming Dynasty, the West would be trampled under its feet.
After experiencing this stock price fluctuation, I saw many people buying for more than fifty taels, selling for more than ten taels, and being harvested for wealth. Xia Wanchun felt that he was very responsible. He took back his thoughts and Zheng said with a head start: "I understand!"
Zhao Ming looked at the group statues in the exchange and immediately ordered: "The exchange's regulations must continue to be improved. In addition, this time, JAC Cotton Industry was maliciously shorted, and some people even spread rumors, claiming that the Qing army was about to go south, and it has reached the goal of intimidating stock investors and causing panic and selling. The exchange must investigate strictly and punish seriously!"
Xia Wanchun cheered up and said, "I must severely punish illegality. My duty is to maintain the order of stock trading and protect the interests of investors. We cannot take advantage of loopholes and loot the people's property. In addition, I want to send someone to publish a book that specifically introduces the stock market rules and other traps, and include this case for the people who buy stocks to learn. I also ask Your Highness to allow it."
"Cough cough~" Zhao Ming couldn't help but coughed lightly when he heard the word. The stock market is indeed easy to raise funds and can raise funds to do big things, but it cannot be denied that this is indeed a place to cut leeks.
At present, Zhao Ming saw the stock trading booming, so he was preparing to launch two companies, JAC Salt Industry and JAC Coal Industry.
Among them, JAC Salt Industry will definitely make money, and in the short term, it will see results, which will only make Zhao Ming's intention to lower the salt price, make the people afford to eat salt, and end the huge profits of this industry, so the returns will not be as high as people think.
The Jianghuai Coal Industry is a big hole, which requires a lot of investment in research and development, and also needs to clear rivers and dig coal transport rivers, which will not be profitable in the short term.
Judging from the current situation, the two companies will definitely get a good issue price when they go public. But the result of the coal industry is probably that after the high price, it will fall all the way, like a certain petrochemical, and cut a large amount of leeks.
Of course, if you hold it for a long time, you will probably make money in the end. If you run away halfway, you will have to be cut off and you can't blame him.
Zhao Ming did not say these words to Xia Wanchun. After all, Zhao Ming maintained the stock price of JAC Cotton Industry just to cut leeks, not to raise funds.
Chapter completed!