The stock exchange was an exotic product. Some people cursed it as a " devil " and a " ghost." It followed in the footsteps of the foreigners and immersed itself in the semi-feudal and semi-colonial China. It had gone through a long process of deduction.
After the Opium War, foreign businessmen brought the method of raising funds by issuing stocks from capitalist countries into China during the process of investing in businesses and setting up enterprises in the ports that China opened to the outside world.
The first Anglo-American firm to appear in Shanghai to buy and sell stocks of foreign companies, the Broker Association, and the Japanese firm, the Access House. In 1891, foreigners officially established a share office in Shanghai to specialize in stock trading.
After 1872, Li Hongzhang, the founder of the Westernization Movement in China and the minister of trade in the Qing Dynasty, along with Sheng Xuanhuai, the father of China's industry, began to use the method of raising funds by foreigners when they were preparing for the China Merchants Bureau, Zhongxing Coal Mine Company, Dasheng Sand Factory, and other enterprises.
With the emergence of these official and commercial companies, the Chinese began to use stocks as an investment tool.
This Westernization Movement was also known as the Self-Strengthening Movement and the Tongzhi Reformation. It was a group of officials and ambitious people who advocated learning Western technology and developing Chinese industries.
The " devil " of stocks had once triggered the " mining stock market trend in the late Qing Dynasty ", causing countless people to go bankrupt.
After 1912, the number of joint stock companies organized by the Chinese gradually increased, and the circulation of stocks gradually became widespread. Shanghai spontaneously formed a stock trading market with teahouses as the contact point. In the following year, some banks, tea merchants, and other large firms in Shanghai that were also engaged in the trading of stocks jointly established the Shanghai Trading Association.
It was not until 1914 that the Beijing government promulgated the "stock exchange law" that Liang Shiyi founded the first stock exchange in China, the Beijing stock exchange. Two years later, exchanges in Shanghai and other places were established one after another.
In 1920, Zhang Jingjiang, who was called the "revolutionary saint" by the government, went to Shanghai to set up a stock exchange to raise funds for the revolution.
In May of that year, with the approval of the Beiyang government, the "Shanghai Trading Association" was officially reorganized into the "Shanghai Huashang stock exchange". On May 20th, the founding meeting of the Huashang stock exchange was held. The establishment of the Shanghai Huashang stock exchange marked the birth of the first stock exchange in China.
The following year, Zhang Jingjiang, Dai Jitao, Jiang Jieshi, and others jointly opened two stock broking firms, Liyuan and Hengtai. Due to excessive speculation and indiscriminate distribution of credit agencies, this "ghost" triggered the "credit exchange trend" in the 1920s.
During the period of the Japanese puppet regime, the authorities first banned the stock market, and the Shanghai Huashang stock exchange was declared closed. Because the Japanese and puppet authorities banned all transactions in bonds, stocks, gold and silver, foreign exchange, cotton yarn, cotton, and other materials, the black market trading of stocks became more and more prosperous. The Japanese and puppet authorities had no choice but to change the ban to diversion and utilization.
As soon as the ban was lifted, the number of stock companies and trading firms in Shanghai soared from a dozen to more than 70. After the outbreak of the Pacific War, it entered a deformed development. The rise in the stock price of China caused old companies to compete to increase their capital and expand their shares. New companies of all sizes came into being. They were opportunistic and indiscriminate in issuing stocks, and the stock market was in chaos.
This "devil" triggered the "wartime Shanghai Chinese stock speculation"
After the victory of the war, the government banned the trading of stocks, seized the stock building, and dissolved the Shanghai Huashang stock exchange.
However, the dark trading of the stock market was still very rampant. The stock price soared under the impulse of speculation, and the stock market once again entered the chaotic black market trading. It formed two big and three small hot stocks with Yong 'an Yarn Mill and Meiya Silk Mill as the main stocks.
These three small stocks referred to Jingfu Hosiery, Xinguang Underwear, and Qinxing Shirt and Hosiery. Other stocks also soared, and a wave of speculation swept through the market.
In May 1946, when he heard that the government was planning to lift the ban on the stock market, this " ghost " suddenly changed his face. The major dealers rushed to sell, and the stock price plummeted. The entire black market collapsed and fell into a state of extreme fear and chaos.
In order to stabilize the economy and prices, the National Government decided to establish the Shanghai stock exchange, which officially opened on September 16th of that year.
At around two o'clock in the afternoon, Yao Shunru came to the Sanma Road stock exchange building. It was an eight-story rectangular building. From the side, it looked like a staircase. It faced the street and had five stories. The middle was one story higher, and the back was two stories higher. The first floor was the trading hall. The entrance was crowded with people, and the noise could be heard from afar.
The hall was in the middle of a trading frenzy. The shareholders were desperately tiptoeing, stretching their necks and shouting into the hall, making all kinds of hand gestures. There were also people who were trading outside the venue, bargaining in groups of three to five.
Yao Shunru squeezed to the front of the hall and looked inside for a while before recognizing Gu Zhengchu. He was running around in the hall, raising his hand and continuously performing hand gestures, his hands constantly flipping.
He stood on the steps for a while and was about to enter the door when a middle-aged man patted his shoulder and asked,"Sir, do you want to buy stocks?"
"What stocks do you have?" he asked curiously.
"I have 100,000 shares of the Qiangshang Jun Gold Mine. I guarantee you'll make a lot of money!”The middle-aged man pulled him aside and said mysteriously.
"What price?"
"I've accepted a business deal that is going to make a lot of money, and I urgently need capital. If you want all 100,000 shares, I'll sell it to you at 1,180 for the lucky number of 118.”
"Sorry, I don't have that much money on me.”
"Where do you live? Why don't I go home with you to trade? This is a popular stock with potential that can only be encountered by chance.”
Yao Shunru didn't expect to be pestered by the other party with just a few words. Why didn't such a good stock be traded over the counter? I've never met you before. How can we be fated? He had obviously met an old fox, so he quickly said,"I'm sorry, I still have to go upstairs to do something.”She hurriedly turned around and went up to the second floor.
The second floor was where the stock exchange was handled, and it was even more crowded. The third to fifth floors were filled with stock exchanges, and Hongxin was located on the third floor.
He squeezed through the crowd to the third floor and saw that every stock exchange was crowded with people. Boss Jiang of Hongxin Stockjob-exchange and his assistants were sitting at the counter, answering the phone and receiving customers. They did not notice his existence at all. Perhaps they had long forgotten about him.
He thought that it was unintentional for him to go up and disturb them now. He might as well go down to the first floor and walk around. After the market closed at three o'clock, he would go upstairs to meet with Amoya Masaharu. They had already agreed to meet here last night.
Yao Shunru squeezed down the stairs. Just as she walked out of the door of the stock exchange, she looked up and saw a familiar figure standing on the steps diagonally across from Shanxi Road. He felt that he looked familiar, but he couldn't remember his name or identity.
Just as he was about to go up and greet him, he suddenly realized that wasn't that Master Liu? It was really easy to find.
He remembered what Li Shaohua had instructed him to do. He thought to himself,"I shouldn't alarm him for the time being. I shouldn't alert the enemy. I'll see what he's doing here first." He quickly dodged to the side and watched.
Master Liu stood on the steps of the opposite road and looked left and right for a long time. Suddenly, he turned around and walked west.
Yao Shunru hurriedly followed behind him and stared closely at where he would land. He had been following him all the way through the Hubei intersection, Zhejiang intersection, Guangxi intersection, and Yunnan intersection. Master Liu suddenly crossed the road and stopped in front of the Yangzi Hotel for a moment. Then, he crossed the road and turned into an alley.
Yao Shunru quickly walked to the intersection of Yunnan Road, but after keeping watch for a while, he did not see Master Liu come out. Thus, he pretended to walk into the alley casually.
After entering the alley, he saw brothels with brick and wood structures on both sides. Along the way, there were two or three horizontal alleys. Each alley was a brothel. There were signs or red banners hanging in front of the building, but he did not see Master Liu.
He searched for the intersection of the fourth road and turned around to walk back to the third road. He still couldn't see Master Liu, so he had to return to the stock exchange building.
At this time, the stock market had already closed, but the intoxicated shareholders had not dispersed. Some were in high spirits, some were dejected, and the black market transactions outside the market were still going on.
Yao Shunru quickly climbed up to the third floor. Hongxin Security was still surrounded by a group of people, all of whom were handling the transaction. Gu Zhengchu was talking to Boss Jiang, his hands still gesturing.
Another customer squeezed into the counter and shouted angrily at Gu Zhengchu,""Ala told you to leave at 2,500, why didn't you? Ala lost a few hundred thousand in one go."
"I hesitated. I was too slow to raise my hand. You didn't raise your hand at 2,500 and didn't look back. Who are you blaming?”Gu Zhengchu said indifferently.
"A'la told you to eat, why didn't you eat?”Another customer squeezed forward and questioned.
Gu Zhengchu looked up and said," This is my first time copying. There are many people who want to eat it. If I want to eat it, I will definitely be able to eat it. Gold is so easy to get rich!"”
Gu Zhengchu walked out of the counter and headed for the stairs. Yao Shunru hurriedly followed him down a few stairs and called out to Mr. Gu.
Gu Zhengchu turned around and saw that it was him. He held his hand and said as they went down the stairs,""I'm so tired. I'm going home to take a shower and take a nap. At seven o'clock tonight, shall we chat at the Xianlesi Dance Palace?”
Gu Zhengchu was tall and thin, his face was thin, and he was not even forty years old, but his hair was starting to fall out. Yao Shunru saw his exhausted face and said with concern,"Should we go to the teahouse opposite and have a cup of hot coffee to refresh ourselves?”
"Thank you. I'll save it for tonight. I smell like sweat. Let me go back and take a shower. I'll see you at the Xianlesi Dance Palace at seven o'clock tonight.”
Yao Shunru saw that Gu was stubborn and could only give up. He cupped his hands and said,"See you tonight."
The new book asks you to be safe, ask you to collect well; I hope you will come often and reward me with flowers.
This book comes from：m.funovel.com。