Three days later, fanatical emotions spread in Yangzhou City.

Because JAC Cotton Industry's stock is difficult to buy, businessmen from all over the country have set their sights on the two new companies listed today.

However, in order to avoid the fact that some people with poor wealth who participate in the stock market and cannot take risks, the exchange has set a limit this time, and it is necessary to register an account of 5,000 silver dollars to apply for stocks.

This can control the number of people and avoid mass incidents in case of stock decline.

Even so, more than 2,000 people participated in the subscription of the two companies.

With the success of JAC Cotton Industry, everyone began to look forward to the bright prospects of the other two companies and fantasize about getting rich overnight.

Early in the morning, before the exchange yamen was opened, Cheng Bi and others had gathered in the teahouse facing the street.

They are all top big players in Jiangnan, so naturally they cannot squeeze into exchanges like retail investors, so as to avoid having any identities and send someone in charge.

At this time, Cheng Bi entered the teahouse and found that Wu Chongde and his group were there.

"Hey~ Mr. Wu, what a coincidence!" Cheng Bi took the initiative to strike up a conversation.

Wu Chongde and two Qin merchants were about to go upstairs, but when they heard the sound, they could only turn around and salute Cheng Bi, saying, "President Cheng!"

Cheng Bi smiled and said, "You Huishang already have shares in JAC Cotton Industry and you still have to apply for new shares!"

"I have to thank Brother Wang and others for burning themselves and illuminating others! If they hadn't bought the stocks at high prices and sold them to us at low prices, and made a fortune, we wouldn't have the money to apply for new stocks." Wu Chongde completely ignored the look of Wang Duo and many Jiangdong gentry merchants trying to kill.

After hearing this, Wang Duo almost vomited blood and almost died of myocardial infarction.

Last time, Wang Duo and others lost one million, while Wu Chongde and others earned less than 30 taels. Now the stock price of cotton industry has risen to 110 taels, and just 30,000 shares earned more than 2 million taels.

Cheng Bi's cheek twitched, but he still smiled kindly: "Then how many ounces of subscriptions are planned for Mr. Wu this time, how many shares are you going to eat!"

Wu Chongdezhi said proudly: "We sold 10,000 shares from JAC Cotton Industry, cashed out 1.1 million taels of silver, and joined hands with Qin Shang to prepare for a big fight. We want both the coal and salt industry stocks."

Cheng Bi didn't care about Wu Chongde's arrogant appearance at all, and continued to smile and said, "Mr. Wu, the rule of call bidding is very unfavorable to us. It forces us to pay high prices. I don't think we should discuss it!"

Lianghuai Coal Industry and Lianghuai Salt Industry each set an issue price. Many merchants and gentry bid separately above this issue price. Finally, they traded at the intermediate price. The stocks are given priority to those with high bids, and they will be distributed in order of bidding until they are allocated.

If gentlemen want to buy stocks, the price must be higher than others, and it doesn’t matter if they hit a high point on their own. Anyway, the transaction will be completed at the middle price in the end.

This makes most of the subscriptions offer high prices.

Wu Chongde's fat face squeezed his eyes to the point where only a gap was left, "This is a good idea."

Cheng Bi asked, "How many taels do you plan to pay?"

Wu Chongdedao: "The issue price of the coal industry is ten taels, I will pay thirty taels. The issue price of the salt industry is twenty taels, I will pay for forty taels!"

Cheng Bi nodded, "Well, this price is very reasonable, we will also offer this price."

Wu Chongde stared at Cheng Bi, "President Cheng is the president of Jiangdong Chamber of Commerce, he won't lie to me!"

"No!" Cheng Bi smiled and concealed, "We are determined to be true, and it is hard to pursue."

Wu Chongde said: "Okay, then that's it, no one is allowed to change their minds."

"Do you want to sit on the top? I'll treat you. The Songjiang perch in this teahouse is good!" Cheng Bi sent an invitation.

Wu Chongde waved his head, "It's so cruel to earn more than one million taels of Brother Wang and eat your Songjiang perch! We also have a private room, forget it!"

After saying that, Wu Chongde and his group went straight upstairs.

Cheng Bi exhaled a heavy breath, his eyes flashed with murderous intent, and he secretly swears in his heart that he would deal with them sooner or later.

Wang Duo was almost so angry that he vomited blood, "President, I can't believe Lao Hui's words!"

"Let's talk about it when you go in!" Cheng Bi's face was gloomy and strode into the private room upstairs.

As the market opened, only half an hour was left, and the exchange was crowded with people waiting for the market to open.

At this time, in the private rooms of various restaurants and tea shops, many gentry and merchants seemed to be going to the battlefield, with a solemn face.

Wang Duo mobilized and said, "This time it was the opportunity that President Cheng won us. We missed JAC Cotton Industry before, and we must not miss the coal and salt industry this time."

"Yes! You must not miss it!" Everyone waved their fists with high fighting spirit.

Cheng Bi also said: "This time Hui merchants, Qin merchants, and Lao Xier will participate in the bidding, but the two companies have only issued 200,000 shares in total. There are more than 2,000 merchants and gentry who came to rush to buy. This time, the exchange set a threshold for subscription, and it is necessary to take out at least 5,000 taels to be eligible to quote. And those who can pay 5,000 taels are all big players, so these 200,000 shares are definitely not enough."

"Then how much do we bid?" Wang Duo asked.

Cheng Bi said in a deep voice: "To be safe, it is more than the old Hui people. The coal industry produces fifty taels and the salt industry produces seventy taels."

Wang Duo and others smiled sly, and immediately raised their brushes, wrote them on letter paper, and then put them in envelopes.

Wang Duo saw that everyone had written it, and to be on the safe side, he added a unit price of ten taels each and quickly stuffed it into the envelope, and then felt stable.

At this time, the gong of the exchange sounded, and everyone asked their subordinates to go to the transaction with envelopes, and then threw them into the designated wooden box.

After the bid in the morning, Xia Wanchun personally led his subordinates to start counting in the afternoon. They opened the envelope and then posted it on the notice board outside the exchange according to the bid level.

It is related to whether you can get stocks, and everyone is no longer reserved.

Cheng Bi and others looked at the orders posted, and most of them were small orders, with prices around thirty taels.

At this moment, a big order suddenly came up, "Cheng Bi, Lianghuai Coal Industry subscribed for 5,000 shares, the price was 50 taels."

Everyone exclaimed, and Cheng Bi's mouth raised and looked at Wu Chongde not far away.

At this time, there was a large post saying, "Wu Weiye, Lianghuai Coal Industry subscribed for 3,000 shares, the price was 55 taels!"

When Cheng Bi heard the words, he couldn't help but look at the person who was helping him. The gentleman hurriedly smiled and said, "President, I have been thinking about it and I think fifty taels are still not safe!"

At this time, another order appeared, "Wang Duo, Lianghuai Coal Industry, subscribed for 10,000 shares, the price was 60 taels!"

There was a burst of exclamation in the crowd. Although the story told by Lianghuai Coal Industry is very good and wants to sell coal to the entire Jiangnan, the calm people know that it is not realistic at all.

If you don’t sell woodcutters for a hundred miles, the coal will be transported to Jiangnan. The price will be increased a few times. Generally, small wealthy families cannot afford it, let alone ordinary people, the coal market is limited.

It's so fierce that it's sixty taels.

As soon as this price was released, it directly dominated the top spot, and hesitated that the number of subscriptions was large, so the median was pulled to forty taels.

Seeing this, Cheng Bi's face turned blue.

Wang Duo didn't care about the eyes around him, as if no one except President Cheng could say it.

Hey~ No, why did Wu Chongde only pay thirty taels and not change his mind?

Haha~ Lao Hui is in trouble and can't buy a single share.

"Your Highness, someone paid 60 taels, and they applied for 10,000 shares!" Xia Wanchun exclaimed.

Zhao Ming smiled happily, "Who supports this? The military expenditure for the lonely Northern Expedition is available!"

"It's the former Shangshu Wang Duo!" Xia Wanchun said: "According to Zhao Zhilong's confession, the rumors about the Qing army going south were he instructed to spread. Should he arrest him and convict him together with Zhao Zhilong!"

Zhao Ming seemed not to hear it, but sighed to himself: "I took out hundreds of thousands of taels to apply for it, I'm afraid that Zu Tian would mortgage it."

Zhao Ming suddenly felt a little compassion and instructed: "As for the rumor, just copy Zhao Zhilong's wealth. As for Wang Duo, I guess there is nothing to copy, so I will let him go for the time being. After today, he will be sad for a long time, and I don't know whether he can stand up or not to make a profit on the day the company will make a profit!"
Chapter completed!