Zhao Ming and Wu Chongde, who was still in the hall, were both stunned and shocked by the news.

In order to enter the Jiangnan market, the cotton sold by JAC Cotton Industry is 10% lower than that of Jiangnan cotton.

Logically speaking, it should be rushed to buy, so how could it be rejected?

If something goes wrong, there will be a demon!

Zhao Ming couldn't help asking, thinking he had heard it wrong, "How many workshops refuse to accept cotton from JAC Cotton Industry?"

He Bin said: "About 90%, they signed a contract with the major families in Jiangnan to supply cotton. The cotton in the workshop is supplied by the gentry, so they do not plan to buy cotton again!"

Wu Chongde hurriedly said: "Your Highness, the Jiangnan trading company cannot provide so much cotton at all, this..."

When Wu Chongde heard that the stock had fallen, he became a little anxious.

Zhao Ming waved his hand to stop him, got up and walked back and forth in the study room for a few steps, already understanding what was going on.

The entire Jiangnan textile industry, upstream and downstream industries, are controlled by the merchants and gentlemen in Jiangsu and Zhejiang, and they have become an interest group.

The emergence of Jianghuai Cotton Industry divided the interests of Jiangnan's great gentry landlords, so they persuaded downstream workshops to refuse to accept Jianghuai Cotton Industry's cotton.

Zhao Ming thought he had been with these people for so long, thinking that their horizons were broad enough, but he didn't want to be the same in essence.

They didn't want to make the entire industry bigger, and they took advantage of the sufficient supply of cotton to increase production and make plates and cakes bigger, but they wanted to limit others, which really disappointed and shocked Zhao Ming.

Zhao Ming was shocked, not because of fear, the collusion between gentry and businessmen in Jiangnan, and the unity of gentry, but because of the people who dared to challenge him, and were surprised by their stupidity.

Doing business honestly, isn’t it good to make money with every penny? Isn’t it a urge to fight with the orphan king?

Securities trading just came out and it still took time to cultivate it. Zhao Ming couldn't watch it get out of control, so at this stage, he did not delegate power.

Now he is the referee and the athlete who ends up with the goal, and his purpose is to ensure stock trading and develop in the direction he hopes.

It seems that they have to smash their pot before they realize the power of the Lone King.

"Stocks have fallen, is anyone taking it?" Zhao Ming asked in a deep voice.

He Bin said: "Many businessmen heard the news and sold out. There have been several stock transactions, and some people are taking the opportunity to earn it!"

Zhao Ming was not afraid of the decline in JAC Cotton Industry's stock. The stocks circulating on the stock exchange were less than 30% of JAC Cotton Industry's stocks, and the remaining stock companies were not placed in the market for circulation.

In the future, Zhao Ming will also promote the legislation of the Ming Dynasty. At least 50% of the shares of some lifeline companies controlled by the imperial court cannot be sold unless the court allows it or approved by the State-owned Assets Department, policy changes will be made.

However, although such a decline will not affect the court's control over the company, it will definitely dampen investors' confidence and stock market popularity, which will seriously affect the coal and salt industries' launch.

In this case, Zhao Ming will never allow it to happen.

Zhao Ming nodded slightly, "The Lone King already understands."

As he said that, Zhao Ming looked at He Bin and Wu Chongde, "There is nothing to worry about in this matter. You two will try to stabilize the shareholders and tell them not to sell. If someone sells, the company will buy back and get the stock price up to the Lone King."

Zhao Ming did not dare to start many companies at the same time because he was afraid that he would encounter such a plunge and not have enough funds to stabilize the situation.

Nowadays, the exchange is a company with JAC Cotton Industry. The market value of the circulating stocks is less than three million silver dollars, and the plate is relatively small. The imperial court has funds to stabilize and control the market.

If there are dozens or hundreds of companies with stocks worth tens of millions of taels, once they plummet, Zhao Ming will not have as much money to rise.

Wu Chongde couldn't help but worry, "Your Highness, what is the problem of cotton sales?"

If this problem is not solved, JAC Cotton Industry cannot sell its cotton, and the company's shares may not be paid for repurchasing them.

Zhao Ming sneered, and he had a way to solve this problem, "If you continue to communicate, buy back those who are willing to repurchase, and the Lone King who is willing to sell will not stop them. In addition, the company sends a message to each shareholder that the Lone King will hold a shareholders' meeting in Yangzhou."

Seeing this, He Bin and Wu Chongde bowed and left in a hurry.

The stock exchange was not located in Nanjing, but in Yangzhou.

In order to facilitate the acquisition of stocks at a low price, Wang Duo, Zhao Zhilong and others have already arrived at the house in Yangzhou.

Yangzhou was originally the richest city in the world. After the Shaanxi merchants in Guanzhong relied on the exchange of grain to get their homes, they managed Yangzhou for more than 200 years. Unfortunately, the Qing army went south and Shaanxi merchants started in Guanzhong. They were not the hometown of the Qin and Han dynasties, so they supported the Ming Dynasty politically.

They took a different path from Shanxi merchants. The strength of Shaanxi merchants was not inferior to Shanxi merchants, but Yangzhou was destroyed and Shaanxi merchants suffered heavy losses. They could only lead Jiangnan and turn to Zigong, Sichuan.

Today, although Yangzhou City is rebuilt, it is far from the past. The merchants in the city are also relatively complicated and do not dominate the entire family.

Yangzhou's main trade was salt trade. Jiangnan merchants and gentry were busy with textiles and maritime trade, and only a small part of them entered Yangzhou.

In the city, there were both gentry merchants in the south of the Yangtze River, Shanxi merchants in the north, Shaanxi merchants in the middle, as well as Hui merchants and Jiangyou merchants who moved in because of the Jianghuai cotton industry.

Zhao Ming chose to set up the stock exchange in Yangzhou, which attracted merchants from all over the world.

Since he discovered that the stock exchange was a good thing, Wang Duo bought a house directly next to the exchange so that he could get the news inside as soon as possible.

At this time, the gentry and merchants in Jiangnan,

More than a dozen Jiangnan gentry were talking and laughing, listening to the rewards.

"Master, it's down to forty!"

Zhao Zhilong said happily: "Brother Wang, eat it! Eat as much as you can!"

Many gentry looked eager to try, but Wang Duo calmly slapped the feather fan, "Don't hurry to eat, where is it? As soon as they sell, you will pick it up immediately. How can you fall down? Keep calm!"

"Yes! Keep your breath!" Zhao Zhilong echoed, but he could not keep his breath at all, but he looked at his expression.

Wang Duo smiled and said, "If everyone doesn't accept it, they can't sell forty taels, they will sell forth thirty taels. If they can't sell forth thirty taels, they will sell forth thirty taels. In the end, panic ejection will inevitably arise, and we can take it at an extremely low price. In addition, the supply channels of various workshops in Jiangnan have been monopolized by us. Without us nodding, the cotton of JAC Cotton Industry would not be sold. They can only come to us, and we can buy their cotton at a low price and make a big profit!"

"Master, it's down to thirty-five!" The butler rushed in and said anxiously.

When everyone heard the words, they were in an uproar and admired Wang Duo, "Brother Wang is so smart!"

Wang Duo shook his feather fan and showed his glory, "Come on, everyone drinks tea and see how the stock of JAC Cotton Industry fell below."

Everyone burst into laughter and enjoyed the atmosphere at what price to buy stocks.

Some say twenty taels, some say five taels, and after doing it, they agreed that ten taels are more suitable.

This is the issue price of the original stock, which has fallen below. The Regent's face is not good, so he should give the Regent some face.

"Master! It's been raised! It's back to forty taels!" Suddenly the housekeeper ran in hurriedly.

"What? Is it going back up?" Zhao Zhilong was shocked.

Wang Duo frowned, "What's going on?"

The housekeeper said: "It is the account of JAC Cotton Industry Company and the company's shares will be repurchased!"

"Can you still play like this?" Zhao Zhilong was shocked.

Wang Duo pondered for a while, glanced at everyone, and suddenly asked, "How many stocks do you have in your hands!"

The value of JAC Cotton Industry is there. After the cotton fields are harvested, it has risen to 70 taels. Many people quietly ate some when they see the stocks fall.

After all, there are more wolves and fewer meats, and only 30% of the circulating stocks are only hundreds of thousands of shares, which is not enough to share, so many people are quietly eating them.

Wang Duo stared at Zhao Zhilong, "How many are there!"

"There are three thousand shares!" Zhao Zhilong said honestly.

Wang Duo cursed inwardly, and he had just quietly eaten a thousand shares. This guy actually ate three thousand shares, so he looked at everyone again. Several gentry had to honestly say, "Eat 1,300 shares!"

"Eat two thousand!"

Wang Duo almost vomited blood because they ate it quietly, so the fall was very slow.

After Wang Duo counted, there were 50,000 shares and said seriously: "Thirty taels, each person will sell half of them!"

"What?" Zhao Zhilong was stunned.

He earned it when he was forty taels, and in his opinion, the stock of JAC Cotton Industry will rise to at least 100 taels in the future, while he will earn 180,000 taels.

Wang Duo said: "Sell half and get the price down!"

"What if I can't fight?" Zhao Zhilong said.

Wang Feng said: "Then you will sell all the remaining ones. The cotton from JAC Cotton Industry has not been sold, and there is no money in the company's account. They can't hold on for long! As long as they can't hold on, shareholders' confidence will collapse!"

After saying that, Wang Duo glanced at everyone, "You must believe me! If it really doesn't work, I have a killer weapon!"
Chapter completed!