Prev
Ch. 1795 / 204688%
Next

Chapter 1795: The Stock System

~7 min read 1,246 words

At this time, Europe.

Ling Chen decided to use the method of issuing stocks to swindle the high-ranking generals of the Crusaders and the Nobles in their jurisdictions clean.

Issuing stocks, this novel method of fundraising, was invented by Liu Zheng.

He had once used this method to quickly complete the accumulation of primitive capital.

If a company's performance is stable, this fundraising method will be the fastest and most stable way.

Moreover, the equity system can also allow those wealthy merchants to obtain more benefits every year.

However, one point needs to be clarified: there is a possibility that stock prices are artificially inflated.

Liu Zheng once mentioned a situation.

If the price of this stock is maliciously driven up, in reality, this company is not worth that price at all.

Then, if someone at this time sells off a large quantity of this company's stock, which has a very rapid upward trend but is actually on the verge of bankruptcy.

And tells them that this stock will definitely make money.

In fact, this stock has already proven this point previously.

Then, will there be people who take over these stocks?

And if these people taking over the stocks do not notice the operating condition of this company.

The day this company crashes will be the day they lose everything and become paupers.

Ling Chen originally wanted to do this himself.

However, his identity is sensitive, and it is not suitable for him to do this.

Now, the jurisdiction of the Crusaders is monitoring him closely, and his actions are greatly restricted.

Fortunately, however, he found someone very suitable for this job.

Blinken.

His eloquence makes him suitable for this job.

According to his promise, Ling Chen provided him with all the help to send those children who suffered from the war to Berlin.

After Blinken confirmed that the children were truly safe and that the environment there was good.

He returned to Hanover to serve Ling Chen.

Ling Chen asked Frederick II to create a Noble identity for Blinken, a Noble identity inherited from Rome.

He possesses sacred land and can attend the highest meetings of the Holy Roman Empire.

He comes from the city of Rome.

Such an identity allows Blinken to enter any place where wealthy and influential people can go.

Ling Chen arranged a ball for him.

The ball was held at the Saint Luo Hotel, the most prestigious in the Crusaders' jurisdiction.

Those who can attend this ball are either rich or

Noble.

Relying on his eloquence and identity, Blinken successfully attracted everyone's attention.

To these old-school Nobles, Blinken's identity is simply too noble; on this land, being able to attend the highest meeting of the Holy Roman Empire already proves their nobility.

Moreover, Blinken also comes from the city of Rome, which is the old capital of the Holy Roman Empire, and the Habsburg Family, the wealthiest and most powerful family in Europe, is located there.

This makes those European Nobles feel reverence for him.

Of course, all of this is not only built on his identity, but also on his lavish style.

They have never seen a Noble who could possess so much money.

It is as if it were inexhaustible. (Full content on Aiyue App)

Even the tips he gives to waiters are measured in Silver Coins.

After experiencing the Industrial Revolution, the assets of these old-school Nobles have shrunk significantly.

They also joined the wave of the Industrial Revolution, attempting to make a huge profit.

But reality is cruel.

The backward thinking of these people led them to miss the Industrial Revolution entirely, and some even neared bankruptcy in these investments.

Now, they have encountered war again.

This caused their already tight assets to shrink significantly once more, which is simply unacceptable to them.

The impoverished Nobles, seeing Blinken throwing money around like this, could not help but become curious.

These Nobles felt such a desire for money for the first time.

What exactly did this old-school Noble do to be able to obtain such massive wealth?

Regarding the inquiries of these Nobles.

Every time, Blinken would be vague, but inadvertently reveal that he is currently in control of a mineral vein from America.

Once this mineral vein is mined, he will obtain massive wealth.

After back-and-forth, time and time again.

These old-school Nobles were all very certain of this news.

Although America is far away, they are also people who can obtain information.

With their perfect cooperation.

They imagined that this Noble from the city of Rome holds a mineral vein that can make people rich overnight.

And this mineral vein is very likely a gold mine.

A gold mine!

Gold is a hard currency in any era, and its value has never fallen.

Especially

Now is a time of war, and the price of gold is even more terrifying.

Soon, at a ball, Blinken once again inadvertently revealed that he had used the mining rights to this vein to establish a company.

He could not manage the gold mining alone and needed to find some new partners.

He would sell off a portion of the company's Joint-stock as the most basic startup capital.

He could guarantee them that the money they invested would yield a seven percent return after one month.

Upon hearing this news, these Nobles were all in an uproar.

They understood what Blinken meant.

It was to sell the company's equity as stocks to complete the initial capital accumulation.

This was a trick devised by the Longyan, and while doing this could recoup a lot of capital, the company would have to pay out corresponding dividends every so often.

To them, this was a business deal that was guaranteed to make a profit without any risk of loss.

As long as they invested money, they would be able to recoup their capital very quickly.

Furthermore, there was a seven percent return every month.

This was higher than the yield of ordinary stocks, nearly double!

Only a fool would not invest money!

Those Nobles had long since verified the authenticity of this matter; everything this man named Blinken said was true.

But currently, these Nobles did not have much money on hand.

It was not that they felt such a business had no profit to be made.

It was just out of caution that these Nobles all invested a portion of money.

It was an amount of approximately one hundred thousand Gold Coins.

This sum of money was no longer a small amount, and after obtaining this money, Blinken quickly reported this good news to Ling Chen.

He had not expected that he could earn so much money from just this one time.

Up until now, Blinken believed everything was real.

These Nobles would receive the seven percent return he had promised.

Ling Chen was also truly a businessman.

But with so much money invested, he, someone who had only known Ling Chen for a short time, was simply not suitable to continue managing it.

For the sake of his business, Ling Chen would certainly hand this matter over to someone he trusted.

But Ling Chen, after receiving such news, replied to Blinken with only a simple sentence.

"Well done, keep at it, and remember to pay them the interest."

It was only such a simple sentence, and it was not as Blinken had imagined.

There would be no one else coming to take over his work; there was nothing at all.

◈

End of Chapter

Prev
Ch. 1795 / 204688%
Next
Prev
Ch. 1795 / 204688%
Next