But in this vast sea, his throat was useless.

I can only take the opportunity to take advantage of the situation day after day, and work hard to return it to the public.

Half a month later, when Biling Biling's encyclopedia was anchored at Caofeidian Wharf, although Mr. Zhao seemed to be nothing, his knees still became weak when he went down the spiral ladder and almost rolled off the boat...

Fortunately, Cai Ming was quick-eyed and quick-handed, and he held the young master in one hand.

"It's not good to wrap copper in this, it's too slippery!" Mr. Zhao coughed awkwardly.

"That's right, at least, it's a flower, it can also be anti-slip." Cai Mingke spoke more than Brother Gao, so he helped the young master cover it up.

"It's great. Which girl do you like will follow me." Mr. Zhao nodded in approval.

"Young Master, my kid is eight years old." Cai Ming said embarrassedly. Seeing that the young master is so talented, he would be squeezed into a person and fuck him, how could he dare to expect any blessings for all people?

It’s better not to talk about marriage, it’s better to talk about money.

"Oh." Mr. Zhao also regretted it, so Yang Yang turned his eyes to the dock.

A group of directors and senior executives of Xishan Group, as well as the young master Li Chengen, the eldest nephew Zhao Shixi, and a group of disciples of Zhao Xian and Zhao Gongzi... A large group of people have been waiting there for a long time, warmly welcomed Mr. Zhao and Princess Zhao, President Jiang of Jiangnan Group, the daughter of Prime Minister Zhang, and the two wives to return to Beijing.

"Sister!" Lee Cheng-en ran onto the boat crying, without even looking at Zhao Hao. "You are suffering..."

It was clearly the one who suffered and suffered. Zhao Hao whispered, then cheered up and walked to everyone and said, "I have been missing for a long time. I have really killed my family when I ran so far to welcome him."

"What's the matter with the little master? It's OK, it's OK." Everyone hurriedly smiled and said, "We really miss the young master."

"Hahaha, I miss you very much!" Zhao Hao also laughed, and kicked Xiwa who rushed forward.

"Uncle..." Xiwa said aggrievedly.

"It's all over the thousand households in brocade clothes, and it's still so unstable!" Zhao Hao glanced at him.

"When will my nephew be a nephew..." Xiwa smiled and ran onto the boat and said, "Go and see my little brother."

Zhao Hao shook his head helplessly, and after greeting everyone, he finally patted Zhao Xian's round belly hard and said, "It's developing pretty well."

"Hehe, during the Chinese New Year, you have to gain a few pounds." Zhao Xian also patted him and said, "You have lost a lot of weight."

"Ha..." Mr. Zhao thought to himself that it would be strange if I could be fat. So he changed the subject and smiled at everyone, "I saw it on the boat. Caofeidian has changed a lot now, which shows that you have put in a lot of effort in the past few years!"

"Didn't the young master teach us to be shameful?" Zhu Shimao said with his neck tilted: "Of course, you must be shameful before you can be brave."

"Yes, in fact, Xishan Group is the eldest son of the young master, but it is so embarrassing that the second son of Jiangnan Group has stolen all the glory. Now even the third son of Nanhai Group is going to catch up with us. If we don't change our minds and work hard, we should find a piece of tofu to kill him." The directors also sighed.

Xishan Group started its business with resources, and it was too easy to succeed. A group of directors rely on nobles from ancestors, eunuchs from emperors, former officials from imperial examinations... In short, it is a group of parasitic classes.

Can you expect coal bosses to be proactive? They just rely on falling coal, bragging, and raising their stock prices. Not to mention comparing with Jiangnan Group, they are much inferior to the rapid progress of Nanhai Group.

Fujian and Guangdong are the ones with the most motivation to make money. When the Nanhai Group helped them straighten out their relationship and could make efforts without any scruples, they worked hard to invest in setting up factories, overseas trade, immigration and colonization, mining, privateing... everything went on.

Everyone is not blind. Seeing that they are changing year by year and year by year, they are naturally extremely optimistic about the prospects of Nanhai Group.

This made the Nanhai Group's stocks sought after. A large amount of idle funds in the society flew from the cellar of landlords and from the personal savings accounts of Jiangnan Bank to the three major stock exchanges in Dashilan, Suzhou Shantang Street and Guangzhou Chengxuan Street to rush to buy the new stocks they issued.

Moreover, these Fujian and Yue men are brave and have a lot of brains. They actually thought of leverage and allow customers to buy their own stocks in installments. And they only need to pay 10% of the price in the first year!

In this way, you only need to pay a down payment of one tenth to buy Nanhai Group’s stock!

The stock exchange has not encountered this situation before, and has not realized what it means to have ten times of leverage, so it quickly reported and asked for instructions.

At that time, Jiang Xue happened to welcome Luzon to visit relatives, and this part was under the responsibility of Liu Zhengqi, deputy president of Jiangnan Bank and chairman of Jiangnan Securities. When Lao Liu saw it, he was pretty good. He had a bit of the style of a young man who cheated him out of the office.

I thought that anyway, the buyer dared to rely on the subsequent accounts, and the stock exchange could cancel their equity, so there should be no risk, so I agreed to try selling on the Dashilan Exchange, the most mature trader, for a month.

As a result, something happened in this test. On the day the new stock of Nanhai Group was listed, the stock price rose from twenty taels to one hundred taels!

The next day, two hundred taels!

On the third day, four hundred taels!

It increased by 20 times in three days!

The whole city of Beijing was in full swing. Even the Empress Dowager Li in the palace was anxious to let someone give out all the other stocks at hand, and take out the money stored in the treasury for the emperor's wedding, so that everyone could buy them into Nanhai Group's stocks.

However, on the fourth day, the stock market was closed. The sign posted on the stock exchange reads:

‘Because the stock price of Nanhai Group (stock code: Jing 168) fluctuates abnormally and the amount is particularly huge. After urgent research and decision by the exchange, in order to protect the interests of investors and the smooth operation of the securities market, the market is temporarily closed for several days, and the opening time is to be determined.’

"If we don't let us buy Nanhai Group, will we not let us sell stocks?" The crazy people smashed the big iron gate of the exchange, but the people inside turned a deaf ear and refused to open it.

Of course, the stocks are not allowed to be sold. At this time, the director of the Stock Exchange was surrounded by the angry director of Xishan Group and scolded him as a dog.

They firmly demand that the market be closed directly, rather than just suspending the trading of one stock of Nanhai Group.

It is said that the Stock Exchange is not under their jurisdiction, but seeing that these crazy nobles are about to make the Stock Exchange angry, the director can only agree...

The reason why the directors of Xishan Group are so disobedient is very simple, because people are completely lost by the crazy rise in Nanhai Group stocks.

Like Empress Dowager Li, they not only raised all their cash deposits, but also sold other stocks on a large scale, wanting to cash out and exchange positions for "Jingyi Liuba".

People sell completely irrationally, and the selling pressure is extremely heavy in a short period of time. The stock prices of various stocks naturally plummeted, which is much worse than the "April stock market crash" that year.

Because this incident happened in the twelfth lunar month, it is also called "the stock market difficulty in the twelfth lunar month".

Among them, even the head of the Dashilan Stock Exchange, Xishan Group, with the stock code "Jingling and Lingyi", could not resist it, and its stock price plummeted.

Although Xishan Group performed poorly after entering the Wanli period, it still relied on its dominant advantage and people's expectations that they were also showing off their strengths like Jiangnan Group and Nanhai Group, and its stock price still rose steadily. Before the "Twelfth Month Stock Difficulty", it had risen to 60 taels per stock.

As a result, it fell to 30 taels after the "April Stock Market Crash" in just three days, and the increase in more than three years was smoothed out.

The market value of 300 million taels fell in three days. Who wouldn’t you be crazy if you replaced it?

If this falls further, the stock price will be cut in half. Wouldn't the angry shareholders take away all the skins of their directors?

But it can be considered a mistake, it is correct to close the market in time.

The news soon reached Suzhou, and Liu Zhengqi was also shocked. He was just a Meng Lang. He wanted to make the young master work hard for ten years and ruin the rhythm of the moment.

You won't be thought by the young master, you deliberately cheated him? Liu Zhengqi frightened himself, cried and wanted to hang himself...

Fortunately, Jiang Xue welcomed the news that he approved the Nanhai Group to take leverage, and Zhao Hao rushed back in a hurry. This is also the reason why President Jiang later believed that he did not conceive a child in Luzon...

After communicating with Zhao Hao, Jiang Xueying fully realized the seriousness of the situation and rushed to the capital to deal with it.

First of all, she announced the Nanhai Group's "down payment to buy stocks" plan, which did not take into account that investors' enthusiasm was too high, so that irrational investments might occur. This not only deviates from the original intention of the exchange to protect investors, but also seriously damages the healthy development of emerging financial markets.

For this reason, the group decided to end the trial issuance of Nanhai Group's stock in advance and to investors who have purchased Nanhai Group's shares, a full refund will be made at the stock price of 400 taels before the market is closed, and an additional 20% compensation will be given.

In other words, at a price of 440 taels, the sold stocks of Nanhai Group with a face value of 20 taels were redeemed.

One share will cost 420 taels!

All losses shall be borne by Jiangnan Securities.

Investors were already angry and were holding back their anger to make trouble. But seeing that the stock exchange was so responsible and Jiangnan Securities was so well-informed, he was relieved...

In the next few days, the Dashilan Stock Exchange handled redemption for investors in accordance with the transaction records.

Every investor who received the silver note gave a thumbs up and was convinced, really convinced!

President Jiang is benevolent and righteous, and the Stock Exchange is responsible!

After praising me, I will be curious and inquire about how much money do you have to pay?

The staff could only smile bitterly.

Finally, the statistics were conducted, a total of 5.6 million taels of silver was spent on redemption of Nanhai Group's shares. After deducting the exchange's previous sale of Nanhai Group's shares, a total of 1.8 million taels of silver was lost.

Fortunately, during the surge, the Stock Exchange was reluctant to sell and only released more than 30,000 shares below 1,000 taels. The losses were still within the acceptable range.

But the value of this money was not only not caused by the Ming version of the "South China Sea Bubble", but it avoided serious consequences.

It also allowed the Stock Exchange to completely put out a golden sign, and its credibility in the hearts of the people far exceeded that of the court!

In fact, it is a big profit, and it can be considered a bad thing to be a good thing.
Chapter completed!