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Chapter 393

The next day, in the court hall.

After reading the plans submitted by Ying Yu for Daqin New Continent Development Co., Ltd. to go public and raise funds on the stock exchange, all the officials had shocked expressions on their faces.

Although I know that His Royal Highness the Crown Prince has always been known as the Shang Sage of the Great Qin Dynasty and the living god, this handiwork is too astonishing, isn't it?

It is actually possible to decompose a workshop's shares into countless shares, which can be subscribed by everyone, and can be traded freely, making profits based on the rise and fall of the stock price.

However, although it seemed extremely bold, after careful consideration, everyone felt that it was very feasible.

But regarding the development of the stock market, many courtiers also had a lot of doubts.

"Although Your Highness's strategy is good, the flow of stocks can indeed bring generous tax revenue to our Daqin, but if it continues to increase all the way, it will be fine, but if it continues to decline, I'm afraid it will have a big impact!"

"Those who are jealous of losing can do anything."

Dunruo spoke cautiously.

"It's nothing more than the impeachment of corrupt scholars. It's not their turn to express their opinions on business matters."

"As for some investors, even if it is a continuous increase, they will feel that they have suffered a loss after they see the continued increase after selling at low prices. What we have to do is to allow most people to gain profits."

"What the imperial court has to do is to supervise the operation of the stock market and try to eliminate fraud for personal gain. Once discovered, it must be severely punished to serve as a warning to others."

"As long as the review is properly controlled and only high-quality companies are listed, the stock market will naturally ensure an overall upward trend."

"And in this case, if you commit suicide and lose money, and still make trouble, Qin Fa will naturally deal with them."

Ying Yu said with a faint smile.

“Using high-quality workshops for financing can certainly ensure investors’ basic income, but these workshops themselves are extremely efficient, so they may not need financing, right?

If the equity is divided, it will actually affect the workshop's own income. Wouldn't it be a loss instead?"

Feng Jie hesitated and said.

"The profits from the workshops controlled by the imperial court were originally obtained from the people. Now it is reasonable to give part of the profits to the people."

"And after obtaining a large amount of funds, the workshop can expand production and develop more advanced processes to further increase profits."

"With the development of science and technology, production equipment and technologies that seem to be advanced at present will soon become obsolete if they stagnate."

"And if you fall behind, you will suffer big losses."

"And don't forget, Da Qin's workshops are all producing based on the current total population. It won't be long before, with Da Qin's current birth rate, the population will soon experience a major increase."

"If the dividends from population growth are not financed by the private sector, it may not be fully utilized by the state treasury alone."

"And such a huge amount of money left idle among the private sector is not only a waste, but also a destabilizing factor!"

Ying Yu explained patiently.

"However, large-scale fund raising will inevitably lead to a large outflow of shares, and will it eventually lead to the loss of control of these high-quality workshops?"

Nestern thought for a long time before speaking.

As the Minister of Household Affairs, Nei Shiteng spent a lot of energy and time learning the financial knowledge taught by Ying Yu, and soon straightened out the general gameplay of stocks.

"It's very simple. As long as you retain more than 50% of the shares, the leadership will still belong to the workshop."

"And if it is some key workshops involving advanced technology, it can be agreed in advance before going public that the investors will only have dividend rights and no voting rights in the funds raised."

"As long as the income is considerable, there will still be no shortage of people to buy it."

"Da Qin is currently very short of investment channels."

Ying Yu waved his hand and said.

In later generations, there were indeed cases where some company founders were squeezed out due to insufficient shares when they went public, but this was in Da Qin, and the rules were all formulated by Ying Yu.

"What His Royal Highness the Prince said is true."

"I believe that as long as supervision is in place, the stock market can, to a large extent, concentrate idle private funds for the use of the imperial court and place them under the eyes of the imperial court."

"It will be of great benefit to the country and the people!"

Xiao He, who replaced Feng Quji in charge of Shangshu Province, spoke.

"I would like to second my opinion. There are many professional auditors in Daqin Royal Bank. Some of them can be seconded to be responsible for the audit and review work, so as to put up a supervisory framework as soon as possible."

Chen Ping added.

"Yes, supervision is indeed the top priority of finance. As long as supervision is done well, finance will definitely be the most profitable."

Ying Yu nodded with satisfaction.

They are worthy of being the two generals who were brought up by themselves, and their understanding ability is very strong.

"I have learned a lesson!"

Meng Yi and others nodded.

In fact, I was secretly happy in my heart.

Nowadays, the court officials, because they have taken shares in the workshops of the Royal Commercial Bank, receive quite generous dividends every year, and each house has a lot of surplus.

The 50 million yuan in bonds that Ying Yu left alone at the beginning was quickly snatched away. Many of those who started late still regret it to this day.

But now that the stock system is launched, as long as it works well, no matter how much money they have, they will have a way to invest, and they can also make more money, so why not?

Nowadays, there is a grace order, and the titles are gradually reduced from generation to generation. The only thing that can really be left to the next generation is money.

It can at least guarantee prosperity and stability for several generations, which is quite good.

Many courtiers have already begun to calculate in their minds how much idle funds the government can raise.

Anyway, the companies that can be listed are all high-quality companies, and they are basically related to the Royal Commercial House.

You must know that the Royal Trading Company is the private property of His Highness the Crown Prince.

With His Royal Highness, the Great Qin Business Sage, here, the income will be guaranteed.

No one wants to miss this kind of free money-making thing.

Ying Yu smiled faintly.

How could he not understand the thoughts of the courtiers?

However, as long as they do not use their power for personal gain or delay official business, Ying Yu has no objection to officials entering the stock market.

The connection between officials and businessmen, from ancient times to the present, and to later generations, cannot be truly severed.

Since the hereditary nature of the title has been cut off, some rewards must be given in other aspects.

Of course, everything is premised on not violating Qin law.

If you dare to bend the law for personal gain, Yushitai is not a vegetarian.

Moreover, officials taking the lead in investing can also make people more confident in the stock market.

Ying Yu only needs to control the law well.

"Since all my dear friends have no objections, let's leave this matter to the prince to start implementing it!"

Ying Zheng glanced at everyone, nodded with satisfaction.

I also have a deeper understanding of what Ying Yu said, that economy is the foundation of all superstructures.

Whether it is culture, politics or military, nothing can develop without money.

Whether a powerful empire can lead the people for a long time depends on its military strength that is enough to ensure security. Another top priority is its outstanding economic strength.

Without money, not only can you not do anything.

There are not enough benefits to distribute, and it is impossible for the court to be so united.
Chapter completed!
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