Your Majesty, all the Dukes, in the past few years, under the strong leadership of the court with Your Majesty as the core, the people of the Tang Dynasty faced difficulties, forged ahead, and promoted the sustained and healthy development of the economy and society. Whether it was noble merchants or ordinary people, they generally had some savings in their hands.

If these savings are stored in their own cellar or in a money shop, they cannot directly generate social value. The existence of stocks and the transaction of stocks provide investment opportunities for these savings.

Of course, investment is risky, so you should be cautious when entering the market. We don’t encourage the people to buy stocks on exchanges, but just say that stock trading provides everyone with this opportunity. This is actually very beneficial to stabilizing the hearts of the people of the Tang Dynasty.”

Li Kuan was talking very well there, not caring about how many times Changsun Wuji and Gao Shilian wanted to stop talking and wanted to interrupt his speech.

"Finally, the emergence of stocks and exchanges is an innovation, an innovation in the development of workshops and shops. At the same time, stock trading is also an advertisement for workshops, and a means to increase one's visibility and exposure.

By levying taxes on stock transactions, there is hope in the future to become an important supplement to the court's tax revenue. Although the stock price plummeted this time and its origin was a rumor that the court imposed taxes, this does not mean that the tax was wrong. On the contrary, Weichen fully supports the court to impose some taxes on all transactions in the Datang Stock Exchange.

At the same time, the money obtained by workshops and shops through stock financing is also necessary to pay certain taxes. At present, the most important thing is how to formulate an effective system to regulate various trading behaviors in exchanges, how to formulate a system to restrain the behavior of workshop owners who deceive and harm the interests of shareholders, how to formulate a system to protect the interests of the people who hold stocks, and also consider how to formulate a system to ensure the development of stocks and exchanges is under the control of your Majesty and the court."

Li Kuan talked for a long time and directly concluded the importance of stocks and exchanges.

Although Changsun Wuji really wanted to stand up and refute, he did not have a deep understanding of stocks. Apart from arguing about what happened recently, he didn't have much to say.

In addition, at this time, he had already keenly noticed Li Shimin's attitude from the changes in Li Shimin's expression, so he stopped talking.

It seems that this time, the practice of using stocks to attack the Chu Prince's Mansion will die.

"What Your Highness, the King of Chu, is very reasonable. The existence of stocks and exchanges is actually beneficial to the court and the people; what we need to think about now is how to formulate a good set of rules.

I first threw a brick and gave me a suggestion, and then everyone continued to discuss. Recently, I believe everyone has heard about the changes in the stock price in the Datang Stock Exchange. Some workshop stocks fell from the peak stock price to only 20% of the value in just one or two days; and in these two days, the prices of some stocks suddenly rose by 40% to 50% from the lowest trough.

Whether it is a surge or a plummeting decline, I think it is not that the value of the workshop itself has changed dramatically, but that the exchange lacks a system to stabilize people's hearts, which has amplified the influence of some disturbances.

So my suggestion is to add a regulation that in the future, all stocks must be conducted on the Datang Stock Exchange, otherwise they will be invalid transactions; at the same time, we should limit a condition that stipulates whether the stocks rise or fall, the daily rise and fall cannot exceed 20%. This will give everyone more time to think and not cause big troubles because of a storm."

As soon as Tang Jian said this, everyone's attention immediately turned to the actual discussion of rules and regulations.

It is equivalent to directly setting the direction for today's discussion.

Fang Xuanling immediately expressed his opinion and said, "Maoyue's words make sense. Stocks are new things. Everyone is not very familiar with it. Sometimes, whether it is buying or selling, it will have a strong emotional color, which makes the stock price deviate from its true value.

Therefore, it is very necessary to limit the increase or decrease. Of course, we can continue to discuss whether the increase or decrease is 10%, 20%, or 30%.

In addition, I also have some suggestions. As the shopkeepers, they are the clearest about the operation of the workshop and are the first to master various information related to their workshops.
Chapter completed!