Prodigal Son of the Ming Dynasty

  Chapter 1240 Major benefits

   After talking about the Ross people, Emperor Hongzhi heaved a sigh of relief.

He looked at Fang Jifan and smiled: "In Tongzhou, the railway has been repaired well, and the stock price has risen again. I heard that now, many shareholders have proposed to establish a shareholders' bureau to supervise the progress of the railway. There are many voices of opposition from various ministries. At least, everyone thinks that this is very inappropriate. But I think... this is not a bad idea."

  Emperor Hongzhi smiled at Fang Jifan: "Your family, what do you think about this?"

  Fang Jifan feels that he has become Yuan Fang, why does he ask me every time?

  He paused and said: "Your Majesty is extremely wise. If you think it is good, then naturally there is nothing better."

  Emperor Hongzhi worried about the construction of the railway.

   What this involves is the stock price.

   But precisely, Gongzhong is the major shareholder.

  The imperial court naturally hopes that the railway will be supervised by the imperial court, which is understandable. The Ministry of Finance is coveting the construction of the railway, and the Metropolitan Procuratorate has long wanted to send someone to check it.

But…

  National shareholders disagree.

  They are worried, and hope that the shareholders will organize a shareholder board and investigate in person. After all, one is done by someone else, and the other is done by themselves. The former makes people feel hesitant, or the latter.

  Fang Jifan smiled again: "Your Majesty, come to think of it, this must be Wang Bushi's idea?"

  Emperor Hongzhi couldn't help laughing.

  Those merchants did not have the guts to seize the authority of the Ministry of Household Affairs and the Metropolitan Procuratorate. Moreover, they did not have such a high level to figure out this matter.

  But Wang Bushi is different. Wang Bushi is one of the major shareholders, which is related to his vital interests. What's more, he himself is a Hanlin bachelor, and he has a certain theoretical level. This idea can only be proposed by him.

Emperor Hongzhi gently tapped the copy with his fingers: "What Wang Qing's family said is not unreasonable. With so much money invested in, the construction of this railway is no joke. If no one is watching, those People who have spent tens of thousands of taels of silver to buy stocks, are they at ease?"

"The construction of this railway, and even the operation of the railway in the future, are related to their vital interests. In this world, no one cares more about the railway than these shareholders. If they are allowed to monitor, if there is anything The problem, they will try their best to find a way to point it out and order it to be corrected. As for the Metropolitan Procuratorate and the Ministry of Household Affairs, what does the railway have to do with them? If you want to stare, just say that this is the procuratorate. A few days ago, you scolded the journals. I don’t know what to say. It’s a bad idea. I called the censor to the imperial court in person, took the journals, and asked him to read it. Journals, why are people tricking people? Guess what he said? He even said that he couldn’t understand what was in the journals.

  Emperor Hongzhi now has deep resentment towards the Metropolitan Procuratorate. Although he thought everything they said was justified back then, but now...

   It's hard to say.

Emperor Hongzhi squinted his eyes: "I see, Wang Bushi's idea of ​​the Shareholders' Bureau is very good. I would rather let the Shareholders' Bureau participate in the construction of the railway than the Metropolitan Procuratorate. What do they know? According to the rules, I am the major shareholder here, right?"

  Fang Jifan was ashamed, and thought to himself, His Majesty thinks the shareholder board is reasonable, isn't it because His Majesty is the major shareholder?

  Fang Jifan nodded and nodded: "Yes, in terms of equity, His Majesty has the most shares, followed by his ministers, followed by Wang Bushi, and other merchants, large and small..."

Emperor Hongzhi said: "That's it. I, the Qing family, and Wang Bushi, as well as merchants who hold more shares, each appoint personnel to set up a shareholders' bureau. From now on, the construction of the railway will be determined by the amount of equity. To decide the construction and future operation, I have recently studied the principles of railways, and I think I have studied railways quite a bit, and I personally sent someone to supervise, so I feel more at ease."

  Fang Jifan smiled awkwardly: "Your Majesty, do other companies such as Siyang Commercial Bank and Xingfu Group also follow the example of this railway, set up a shareholders' bureau according to the amount of equity, and properly manage their operations?"

Emperor Hongzhi nodded his head and nodded: "I let the king not be an official, and then come up with a regulation. By the way, there is also Liu Wenshan, who needs to improve the rules of this joint-stock firm. After they have a proper regulation, they will follow these rules to deal with it. With the rules, there will be a circle."

  Fang Jifan said with emotion: "Your Majesty is really wise."

  Emperor Hongzhi glared at Fang Jifan: "Today, you have already said a lot of sages, can you change the word?"

Fang Jifan said very seriously: "Your Majesty, it's not that my ministers are sycophants. These are all words from the bottom of my heart. Your Majesty's understanding of business and industry is unfathomable. Your Majesty's proposal of this idea is really of great benefit to business and industry. "Your Majesty, if you don't believe me, just wait and see. Once the news spreads, all stock prices will go up. Those merchants who bought stocks must be rejoicing, their confidence will increase, and they want people to show their real Gold and silver, rely on, isn't it to give people confidence?"

  Emperor Hongzhi's eyes lit up: "Can it still go up?"

  Fang Jifan said firmly: "Yes!"

  Emperor Hongzhi nodded and nodded: "However, the horoscope has not been written yet, so don't let it out casually. There are inevitably variables in it, but you have to be careful."

  Fang Jifan said sternly: "My son obeys the order."

  Emperor Hongzhi waved his hand: "Go."

  Wait for Fang Jifan to leave.

  Emperor Hongzhi was thoughtful, and then he asked an eunuch, "What is the stock price of the railway now?"

Now there are people in the palace who are stationed in the securities hall, and the rise and fall of the stock price is reported almost every half an hour. If you follow Emperor Hongzhi, if you don't even know this, in all likelihood, His Majesty will soon take care of Mr. Xiao. Same, sent to eat sand in the desert.

The **** immediately said: "Half an hour ago, the stock price of the Railway Bureau had reached three taels of silver a share; Siyang Commercial Bank is now at two taels of silver a share, and this servant thinks that Siyang Commercial Bank may rise even more." One up. Oh, and there is the Happiness Group, the Happiness Group is only at the same level today, and it is still one or two dollars."

Emperor Hongzhi calculated in his heart: "I think, the railway bureau has reached a high position, it is difficult to have a big rise; Siyang Commercial Bank... um... let's take Xingfu Group, this is a new stock, order people to go to the internal funds... no, release 500,000 shares Of course, don’t sell the stocks of the Railway Bureau and Siyang Commercial Bank all at once, as it will cause turmoil. Put them slowly, and then use your internal funds to see how much money you have, and try your best to buy the shares of the Happiness Group. Now the Happiness Group If there is no major benefit, it will be easier to buy it if you think about it. The maximum is one or two or four coins. Under this price, how much is there to buy? How many."

  The **** said in surprise: "Your Majesty, isn't this too risky?"

Emperor Hongzhi said indifferently: "I haven't released the major benefits yet. If I did, the new stock... would be terrible if it rises. However, you must not reveal any rumors to the outside world. If there are any gossip outside, I will cut you. "

  The **** shivered, and hurriedly said: "Your servant obeys the order."

  Emperor Hongzhi breathed a sigh of relief.

  The emperor is good, you can speculate in whatever you want, and whichever stock goes up, that stock goes up.

  ………

  Fang Jifan came out of the palace, but he called Wang Jinyuan impatiently. Hearing the young master calling him, Wang Jinyuan rushed here out of breath.

  Fang Jifan stepped forward to kick him: "You dog, it's so slow."

  Wang Jinyuan said aggrievedly: "The villain came here non-stop from Xincheng."

  Fang Jifan said: "I have something to tell you to do, how much money is there in Xishan now?"

   "Roughly around three million taels."

  Although Xishan has a big family and business, after all, most of them are real estate stocks, undeveloped land, and countless workshops and materials. The real cash is not much.

Fang Jifan put his hands behind his back and said: "There may be major benefits recently, but Xingfu Group is a new stock. I think it is not safe. First, sell all the shares of Xingfu Group. Of course, you must not sell them all at once. Come slowly, the water will flow slowly, and after getting the funds, I will put a lot of money on the Siyang Commercial Bank and the Railway Bureau, mobilize all the funds, how much I have, and how much I want to buy. This young master wants all the stocks on the market. "

  Wang Jinyuan said in surprise: "Master..."

  Fang Jifan rolled up his sleeves: "Why, you still dare to talk too much, believe it or not, I will tear your mouth to pieces now."

  Wang Jinyuan shuddered, and hurriedly said: "Don't dare, dare not, the young master will do whatever he says, and the villain will do it right away. But dare to ask the young master, what are the major benefits?"

  Fang Jifan said with a smile: "If I don't tell you, I will cut off my head."

  ...

  Wang Bushi took a two-day leave. When the palace asked him and Liu Wenshan to perfect the articles of association of the joint-stock system, he seemed to smell something. He went to find Liu Wenshan for discussion, and at the same time drew up detailed rules one by one.

  How to protect the rights and interests of shareholders, how to regulate the supervisory rights of shareholders, and how to operate...

Liu Wenshan and Wang Bushi, the two top experts in the Ming Dynasty, got together and drew up a first draft of tens of thousands of words. Afterwards, they continued to delete and supplement each clause. Liu Wenshan's theory is extremely strong. Strong, but Wang Bushi has a lot of practical experience. The two people got together and drew up the detailed rules one by one, without leaking.

   After all this, it was almost the same. Wang Bushi looked at Liu Wenshan, and he admired Liu Wenshan very much. This Bachelor Liu is a person who really treats the word finance and economics as a knowledge. Many theories are refreshing.

  ...

and also.

  (end of this chapter)