"If the prince can pardon the crime of disrespect just now, then he will naturally reveal the answer to the mystery..." Yang Zhi smiled and looked at Prince Zheng Chengzhi.
Prince Zheng's face turned red. In a hierarchical society like the Qing Dynasty, you, a traitorous surrender of the Han people, dared to throw the prince into a trap. This is a crime punishable by beheading.
But is it really a falling out? He has millions of dollars in his hands. This kid has been a long-haired kid, a bandit, and Xiao Letian.
He is a desperado who is indifferent to life and death. If he really falls out, he will probably suffer the pain of being cut into pieces and lose your money.
Besides, would the little emperor and the queen mother allow a useful president of the Qing Central Bank to die so easily? This person is still useful. His reputation as Prince Zheng is not big enough in front of Emperor Tongzhi and the Queen Mother.
Prince Li quickly reconciled, "Okay, Yang Zhi, kowtow to Prince Zheng to apologize, and this matter will be over...Prince Zheng shouldn't vent his anger on you, but you don't know how to do it just because you say it?"
"We are all in the same boat, but we still need to untie our knots and don't live with resentment..."
"Okay... I would like to thank you for your kindness. Prince Zheng, I was disrespectful just now, so I kowtow to you to apologize..." After saying that, he knelt on the ground and kowtowed three times in a row.
Chengzhi couldn't say anything. If someone gave him a step, he would have to continue: "Okay, okay, you can solve the mystery. What you said makes sense. I will listen to you in all investment matters in the future and will not interfere anymore." How are you?"
"Haha, the prince is wise... Actually, once this boring gourd is cut open, it is nothing unusual. All it takes is a network of connections and a circle of friends."
"Why are Fuqing, Prince Dun and others so opposed to the imperial court using power to interfere with the stock market? Why don't they stop the stock market from falling? Haha, that's because there is money to be made from this fall..."
Why is there money to be made when prices fall? After Yang Zhi explained the truth, several princes understood what it meant to be black under the lamp!
The principle here is actually just a layer of window paper, which is easy to pierce!
Fu Qing's own sister was so brutally harmed, and the resentment in his heart could not be touched, so he naturally wanted to retaliate severely. Rebellion would definitely not work, so let's smash the pot and cause some trouble first!
The mastermind of this market crash was Fu Qing, who had accumulated a large amount of chips related to Beijing-Tianjin Railway stocks, and these chips were not only traded in the capital, but two-thirds of them were sent to various markets in Jiangnan for trading.
Today's market performance has actually been expected by Fu Qing, so he was prepared in advance!
The first step is to order the eagle to spend half a day selling all the chips at the high level in the morning, which is about five yuan, in exchange for real gold and silver at the highest price.
What are you going to do with the money? Of course what I have to do is eat it back secretly!
Don't forget that this stock market crash was only in the capital, and all the stock markets in Jiangnan did not crash. As a result, there was a huge price difference between the two places.
The price in Shanghai is close to 6 yuan, but today's closing price in Jingshi is 2.8 yuan. How to play with the price difference? How does it work?
Of course, it’s a split between buying and selling!
In this era, of course there is no electronic version of stocks, they are all printed physical stocks, which are just a piece of paper with a high degree of anti-counterfeiting!
If you want to sell this kind of thing in Shanghai, then you have to take the stock to the Shanghai market. If you want to sell in Nanjing, you have to go to Nanjing in person.
A physical transaction like one hand of silver and one hand of stocks is required to complete the deal!
At this moment, the Qing Dynasty does not even have a railway network. People can run from the capital to the south of the Yangtze River. It is not that fast by plane.
So many times investors see price differences between markets, but are helpless because when you go to a market with high prices, they may fall again.
Ordinary investors cannot enjoy this kind of price difference, but people like Fu Qing have no such trouble. As long as he is willing, he can use telegrams and personal networks to establish a short-selling and short-selling mechanism.
It's very simple. For example, if the stock price plummets today, he can buy it in the market at a price of more than two yuan, for example, 10,000 shares!
The cost of these 10,000 shares is two yuan. He wants to take it to Shanghai and sell it at a high price of six yuan, but what should he do if he can't deliver it?
There is nothing you can do, but Fuqing has a way, and the relationship network and telegraph network will come into play.
Fu Qing could send a telegram to the Jiangnan businessman he was most familiar with and the most reliable in Shanghai: "That so and so... I bought 10,000 shares from the capital for two and a half yuan. You can help me sell them in the Jiangnan market. The price is six yuan." money……"
"The handling fee will be paid to you according to the old rules!"
After this telegram is sent, the businessmen in Jiangnan will follow Fu Qing's order, go to the market to post the price, and finally trade 10,000 shares.
Then these Jiangnan people who buy stocks can indeed get real stocks, and these stock papers are lent to Fuqing by Jiangnan merchants. In the end, Fuqing's 10,000 stocks will be delivered by Kuaishou. Shanghai, make up for others.
In this way, no one suffers! Fuqing earned the price difference, Jiangnan merchants earned commissions, and Jiangnan stockholders bought real stock paper.
The only ones who suffer are those investors who foolishly sell at low prices!
This process is actually not complicated at all, but the simpler the business, the ordinary people still can't do it! why? Because you don’t have Fu Qing’s power and connections.
Businessmen in Jiangnan had to trust Fuqing before they would lend stocks and settle the money, and Fuqing also had to trust these businessmen so that he could entrust his money and stocks without worrying about being taken away.
Moreover, these people must have their own secret telegraph machine. How many people in this era can meet such conditions?
This is a niche financial game where money and power are intertwined. Most people in this circle simply can’t get into it.
People in this circle make money no matter whether the stock market rises or falls. This is a group of financial predators who will never lose money!
"Ah! Are there so many ways?" After Yang Zhi pierced the window paper, the princes present were in an uproar. They patted their foreheads and finally understood.
"Oh my god...the difference between Jiangnan's closing price and our closing price today is more than two yuan, just calculate it as two yuan..."
"Ten thousand shares will earn you 20,000 silver dollars, one hundred thousand shares will earn you two hundred thousand... 300,000 shares will earn you 600,000... Grandma Huangtian!"
"So this is how Fuqing makes money?"
Prince Zheng suddenly slapped his forehead, which made him blush, "Confused, confused! It turns out that Fu Qing deliberately wants the stock market to fall. Can he continue to make the difference?"
Yang Zhi chuckled, "Just realized it? Do you really think I am idle all day long? I also bought and sold 50,000 shares for you today..."
"Jiangnan has already made a profit of 100,000 yuan... My good prince, do you think you will still hit me?"