The people of the Tang Dynasty yearned for a happy (rich) life more urgently and enthusiastically than Li Kuan imagined.

In just one month, stocks have become the hottest topic in Chang'an City.

Whether it is a friend in a teahouse, an aunt who swept the floor, or a madam in a brothel, they are all very good at talking about stocks.

It seems that they are students from Guanshishan Academy Business School.

"Your Majesty, that stock is really evil. If it is not controlled, something will inevitably happen. Now, in Chang'an City, even if there are not 100,000, there will be 80,000 or 90,000. Once something goes wrong, it will not be a trivial matter."

In the Xuanzheng Hall, Fang Xuanling and several ministers were left to discuss matters by Li Shimin.

The matter discussed is the stocks sold by the offices of various "companies" in the Datang Trading Center.

"I heard that a very shop-like guy hasn't been concerned about work recently and often sneaks to the Datang Trading Center. Even if they don't buy a lot of stocks, they are willing to go to the trading center to see if the stocks they bought have appreciated. This kind of behavior is not beneficial to the development of my Datang."

Changsun Wuji and Fang Xuanling had a very consistent attitude, and both opposed the stocks in the Tang Dynasty Trading Center.

Of course, the reasons they object may be different.

"Stocks themselves are actually something that is good for business development. But Weichen heard that many so-called companies sold in the Datang Trading Center have nothing at all, and are completely deceiving the people. Once everyone calms down, the stocks of these companies will be worthless, and the people who spent a very high price to buy the stocks of these companies will definitely not be able to accept this situation, and something will really happen at that time."

Cen Wenben looked at Li Kuan, who had been standing aside and had not spoken, and also expressed his opinions on stocks.

"Although the court has always not interfered with merchants' work, these stocks have affected the stability of Chang'an City. The Wei minister suggested that the court should take this opportunity to formulate a series of rules to regulate the development of business, and could even draft a "Business Law" so that merchants can have a basis for doing things."

Gao Shilian's attitude is different from others, but he always feels that he cannot allow stocks to develop wildly.

"Kuan'er, what do you think?"

Li Shimin looked at Li Kuan without any objection.

Li Shimin naturally knew exactly what happened in Chang'an City during this period.

However, he felt that since Li Kuan had created the stock thing, he would definitely have a way to clean up the situation in front of him, so he was not particularly worried.

If you really want to go deeper, he is the biggest shareholder behind the initiator of the stock market of East Pacific Company.

"Your Majesty, the disorderly development of stocks is definitely not possible. However, we must fully realize that the development of stocks is of great significance to the growth of various companies and workshops. For example, Datang Transportation Group needs to spend a lot of money every year to open new transportation routes and purchase various four-wheeled carriages.

If they can take out part of the shares to sell, they can raise a huge amount of money from everyone. Then use this money to buy more four-wheeled carriages, develop more transportation lines, and achieve a larger revenue scale. This is a very good thing for Datang Transportation Group.

Originally, according to its normal development pace, things that may take three to five years to complete, if you get enough financing, it is likely to be completed in one or two years. For example, if some small workshops in the workshop city develop step by step, the scale changes may not be particularly obvious after ten years. However, if you obtain more funds by selling a certain amount of stocks, the development speed of the workshop will inevitably accelerate a lot."

As the word "father" of the word "stock", Li Kuan naturally cannot let the big guys in the court completely trampl their stocks to death.

"Your Highness of the King of Chu, stocks may not be useless. But the chaos in the Tang Dynasty trading center has reached a point where I have to control it. Tell me a story about what happened to me. An old servant in the mansion who was ignorant of his words actually took out the coffin book a few days ago and bought stocks of a company that I had never heard of.

In this case, it is definitely not a minority in Chang'an City? Now that the stock price has been rising, there is naturally no problem. But, Your Highness, can you guarantee that the stock will continue to rise?"

The book friends used the small book Pavilion before has already been hung up, but now they are basically using it.

As expected, Changsun Wuji is still as unfavorable as ever to Li Kuan.

However, Li Kuan obviously would not fall into the pit dug by Changsun Wuji so easily.

"In this world, there is no price that can keep rising. If this is the case, wouldn't everyone go to buy stocks?"

"Hmph, since Your Highness the King of Chu knows this truth. Then what will happen if the stocks sold in the Tang Dynasty trading center start to drop sharply one day?"

Changsun Wuji was not discouraged when he saw that Li Kuan was not caught.

And his question suddenly caused everyone's concern.

Yes, what if the stock price plummets?

Although this is the choice of the people, everyone is adult and they take responsibility for it themselves; but who knows what these people who have suffered heavy losses will do?

"Your Highness, we all understand the benefits of stocks; however, it is definitely not possible to let stocks develop like this." Although Fang Xuanling is the one who supports Li Kuan, he has his own position in today's matter.

"What Fang Xiang said makes sense!"

To everyone's surprise, Li Kuan did not resist at all, but took out a memorial from his arms.

"Standard the development of stocks, this is something that must be considered. I have sorted it out a little and asked Your Majesty and all the Dukes to read it."

Obviously, when Li Kuan was summoned to the Daming Palace today, he had already expected that the matter discussed today should be related to stocks.

So I simply brought the plan to regulate the stock market specially compiled by Wu Meiniang.

Sure enough, it comes in handy now.

"Lanhe, please read it to everyone!"

When Li Shimin saw Fang Xuanling and others looking at the memorial in Li Kuan curiously, he simply let Lanhe Dangdang read it.

In this way, you can express any suggestions directly.

"The stock market is risky, so be cautious when entering the market!"

When Lanhe took over the memorial from Li Kuan, the first thing she read was a catchy classic saying.

"The stock market is risky, so be cautious when entering the market! This is too good to say, and stocks cannot keep rising, especially those messy companies, which have no value at all. They are just taking the ride-sharing of Dongping Pacific."

After hearing this, Li Shimin couldn't help but comment.

The word "stock market" is a new word, but Li Kuan doesn't need to say much, everyone will understand it in a flash.

"What really makes us feel fear is fear itself." Lan, like everyone, continued to recite carefully: "It is perfect to use this sentence to describe the stock trading in the current Tang Dynasty trading center. Just as the ancients thousands of years ago did not understand wind, rain, thunder and lightning, and then formed a special worship of nature, their fear of current stock trading also stems from the unknown."

"There are many unknown sources. People don't know what stocks will develop in the future; they are not sure what impact they will bring to Datang when the stocks plummet; they are not sure why so many people are buying stocks sold by those 'companies' that have nothing? They also don't understand how much the emergence of stocks will promote the development of workshops."

Lan He was observing everyone's faces while chanting.

To be honest, he is the last thing he wants to take on for such a task.

At this time, the ideal situation is to find a corner, lower your head and wait silently for the end of the discussion.

But when Li Shimin asked him to read, he didn't dare to have any dissatisfaction.

"After the chaos, there will be a great rule. Some of the current stocks will definitely fall sharply, but this is not terrible. The court can announce a rule that all the money obtained by the sale of stocks can only be used for the company's development and cannot be used for other purposes.

In this way, the first thing to do is to basically eliminate those who make money by making money by stocks. Of course, this rule alone is definitely not enough. The court can authorize the Datang Trading Center and the Ministry of Revenue to cooperate to establish a Datang Stock Exchange, which is responsible for managing various companies and workshops for issuing stocks. At the same time, it is stipulated that all stock transactions need to be handled at the trading center.

The most important thing is that in the future, all companies and workshops must pass the review of Datang Stock Exchange when issuing stocks by the people. All stocks are specially produced by the exchange. Any other workshop printed is invalid or even illegal."

Accompanied by Lan He's voice, Changsun Wuji's face became ugly.

Today, he originally wanted to use the stock matter to stumbling over Li Kuan, but now it seems that Li Kuan has been prepared for a long time.

Maritime Governor's Office, Tang Dynasty Royal Money House, Tang Dynasty Royal Patent Office, General Police Office...

Now there is another Datang Stock Exchange, and there are more and more institutions that can influence the Chu King’s Mansion.

This is not the scene Changsun Wuji hopes to see.

"The issuance price of stocks is not determined as much as you want. Datang Trading Center will cooperate with Guanshishan Academy Business School to develop a set of stock price issue price evaluation system, and at the same time, it will also specify the time for stock trading..."

The Xuanzheng Hall was very quiet, with only Nalan and a slightly harsh voice echoing.

"His Royal Highness of Chu has such a perfect plan, it seems that I am too worried!"

When Lanhe finished reading Li Kuan’s memorial, Fang Xuanling breathed a sigh of relief.

"Hmph, Your Highness, Your Highness, you still haven't solved the problem of chaos when the stock price plummeted," Changsun Wuji was not stupid either, and he immediately seized a loophole.

"The students from Guanshishan Academy of Calculation have been doing a statistics on stock trading during this period. Although stocks are very popular in Chang'an City now, 90% of the stocks are in the hands of some noble families and big merchants. The amount that is really in the hands of ordinary people is not large.

After the new stock management regulations are announced, stock prices will definitely fluctuate greatly. For some companies that are purely making money, the exchange will confiscate their illegal gains to make up for the losses of shareholders."

Everyone has become accustomed to the new nouns that pop up from Li Kuan's mouth from time to time.

As for stock investors, it is obviously the meaning of the people who bought stocks.

"Your Highness, please forgive me for being stupid! When some companies started selling their shares, they only sold one cents of money, but now they may have become two or three cents of money. In this case, even if all the illegal gains are confiscated, they cannot make up for the losses of shareholders."

After Changsun Wuji finished speaking, Li Shimin couldn't help but nod.

There is nothing wrong with this.

Companies that issue stocks at Datang Trading Center almost all take out half of the stocks to sell.

If you take out ten thousand shares, then you will only get ten thousand coins.

However, the stocks circulating outside are worth two or three jin of coins, which means the total price is 20,000 to 30,000 yuan.

If these 20,000 to 30,000 yuan of stocks become worthless...

How to make up for it?

"Changsun Sikong's words sound very reasonable, but they are not. First of all, not all stocks are bought and sold when they are worth two or three cents of money. Some may not be sold again after they are sold; for these people, what they lose is their consistent money.

Secondly, we can set a regulation that every citizen can only enjoy a compensation of ten cents of money at most. According to the incomplete statistics of Guanshishan Academy, the value of people who purchase stocks is more than ten cents of money among all those who purchase stocks shall not exceed ten thousand.

These people are generally rich, and we set a compensation limit of ten cents for them. In this way, even if they suffer losses due to stock investment, their lives may not be greatly affected. As for some people who rely on borrowing to buy stocks, they will be the best teachers for future investors, so that everyone can know what it means to 'the stock market is risky, and you need to be cautious when entering the market'!"

Li Kuan's words left Changsun Wuji with nothing to say.

Li Kuan is definitely not as good as Changsun Wuji when playing with politics.

But in business, no one is Li Kuan's opponent.

Changsun Wuji obviously knew this.

"Since you have already thought about it, it's not too late to deal with this matter. The later you deal with it, the bigger the problem is."
To be continued...