Chapter 1031 1027 [King Han who speculates in stocks](2/2)
"The large sea merchants in Guangdong are not authentic. They have forced many small sea merchants to death, and now they are lowering the price. Do you really think we can't find a buyer?"
"It's an old trick, no need to make a fuss."
"Recently, there is an Indian trading company that is issuing stocks for speculation. Why don't we do it too?"
"We are a maritime merchant, and there are people who will buy the shares when we issue them. Which fool would buy our mainland merchants' stocks?"
"Have you forgotten the salt of Ming Dynasty?"
"What do you mean?"
"Take porcelain as an example. There are only so many produced every year. Especially for high-grade porcelain, we control the sales in Guangdong. We make porcelain according to different grades and shapes into something similar to salt ware.
Things. We will no longer play with the maritime merchants in Guangdong and issue porcelain invoices to all maritime merchants."
"Porcelain ticket?"
"Yes, it is pre-sale of next year's porcelain this year. If you want to buy porcelain, you must first buy a porcelain ticket, and you can pick it up with the porcelain ticket next year. This thing is like salt, it can drive up the price. The key is that we can control the supply of goods.
The higher the quality of the porcelain, the smaller the quantity, and the easier it is to control the price."
"What a great idea!"
"..."
Not only stocks were born in Guangzhou, but also futures appeared.
Chapter completed!