Huaihuang Exchange is located in the west city of Huaihuang Sanlian City, in the bustling area at the intersection of the street...

In this prime location, brand new exchanges rose up and occupied a wide area. However, many people in the city were not very clear about what this building was for. Until the exchange sign was hung here a few days ago, and the first exchange bidding auction was held. A few days later, even now, the vendors and people in Huaihuang City were excited when they mentioned the auction that day. The first auction of the exchange attracted countless people. It is said that the exchange finally accommodated more than 3,000 people that day. There were countless people blocked outside, and they could only listen to the excitement of the people who came back.

Xu Gai, who had just rushed back from Henan, looked at the newspaper in his hand with interest, then looked at the huge exchange, and smiled at Yi Feng: "This business newspaper is quite interesting, but isn't your exchange just a tooth?"

Yi Feng stood in the auction house, watching a group of workers busy, and smiled and said, "The exchange is somewhat similar to the Yashang, but it is not Yashang."

The exchange covers an area of ​​more than 30 acres, 120 steps long, 80 steps wide, and up to 18 zhang. The entire exchange has three halls, one main and two deputy, the main hall has five floors, a total of 3,000 seats, and there are 180 private rooms. In addition, there is a large stage that can accommodate 400 people, with a backstage and a lounge. The two small halls also have more than 1,500 seats and a stage that can accommodate more than 100 people. In addition, there are many supporting buildings under construction. In Yi Feng's plan, the entire exchange is actually equivalent to a large theater. There will be supporting buildings such as libraries. The biggest function of these three halls is the auction hall, which can also be used as a conference hall and also as a theater.

At this time, shops are concentrated in a special market, and there are intermediaries in the market who make friends, introduce transactions, and draw commissions for buyers and sellers. These intermediaries are called Yaren, which was also called Yaren in the Han Dynasty. From the Han Dynasty to the Sui Dynasty, these Yaren generally obtained monopoly power given by the government. Like various shops, they also have interbank organizations, called Yaren, and the organizations of Yaren are called Yaren.

The yarn firm specializes in the market to introduce transactions for buyers and sellers and evaluate the quality of goods and prices of goods.

For example, many dial stores now have tooth dealers, but Yifeng's exchange is definitely not a tooth dealer. The tooth dealer is just an intermediary, but the exchange is more complicated than an intermediary.

Xu Gai is also a big businessman. He is quite familiar with Yashang. He glanced at Yi Feng and smiled and said, "Oh, then what's the difference between your transaction? Let's listen."

Ling Yun pointed to the newspaper in Xu Gai's hand, "San brother, please see this business newspaper, this is also part of our exchange."

"What's the relationship between the exchange and the business newspaper?"

"Of course, it is related. Huaihuang established a border city, and merchants came from all over the world. There were people from Central Plains and Hu people. They wanted to trade when they arrived in Huaihuang. In the past, they could only intermediaries with Yachuan, but the method of Yachuan was too scattered and chaotic. The nature of the Yachuan transactions was more than their functions. You read the advertisements in this newspaper, and not only had various commercial goods, but also various prices. We compiled a list of various goods entering Huaihuang, and then told all Huaihuang vendors in newspaper advertisements. This would be much more convenient, right?"

"Well, it's really clear. Before I entered Huaihuang today, I bought a business newspaper in Yehu City. I immediately saw the news that there were cheap horses and the pre-sale of Huaihuang's specialty snow salt." Xu Gai was a little strange about the news published in the business newspaper, "The price of the horse I collected from you last time was not cheap, each horse was hundreds of stagnant, but why did it only cost twenty-five stagnant each this time? Is this true or false?" The price suddenly dropped by three quarters, and Xu Gai took the opportunity to question Yi Fengxing.

"Although they are all horses, there is a difference between horses." Ling Yun smiled, "The last time I gave my third brother a hundred horses, because those horses are war horses, and long-trained war horses. Although the horses are also military horses, they have not been trained yet. You also know that if a good horse wants to train a qualified military horse, it is not enough to be better than a horse, and it still takes a lot of time and manpower to train."

"Even so, the price difference is too much, one hundred guan, and the other one is only twenty-five guan." Xu Gai refused to give in.

Ling Yun said helplessly, "You have been walking for so long, and our Huaihuang has changed a lot." Huaihuang Town won two consecutive victories and swept hundreds of bastions and fortresses, which is naturally a great thing. But this also brought about a chain reaction. First, a large number of people moved into Huaihuang, and then the construction of more than a dozen new cities in Huaihuang, various infrastructure construction and a large influx of population led to a rapid surge in prices in Huaihuang, especially grain. The original five cents of rice was now twenty cents of rice. At the same time, the cloth, silk and silk that had to be transported from the Central Plains also rose sharply. On the contrary, the caravans who went north returned and brought back a lot of grassland furs, as well as a lot of grassland caravans. In addition, the many supplies obtained by sweeping hundreds of basins were mostly furs. This led to the sharp rise in food and silk cloth on one side of Huaihuang, while the sharp decline in livestock and furs on the other side.

This is a market price determined by the supply and demand relationship, and Yifeng cannot forcefully change it.

"I saw you talking about this auction, what's going on?" Xu Gai didn't really think that Yi Feng had deliberately cheated him before, so he quickly changed the subject.

"This is the characteristic of our exchange. When you came, did you pass by our inspection department?"

"Yes. The inspection department set up a card, but the charge is still very cheap. It costs two cents per stone, but they specially asked for my order."

"This is also the requirement of the exchange. Whenever a caravan enters Huaihuang, we will request a receipt in advance and then immediately upload it back to Huaihuang City Exchange. After the exchange obtains these receipts, it will immediately conduct statistics, and then spread it into advertisements and spread it through business newspapers and postings, and organize the goods to be auctioned. We first set a starting price based on the market conditions, and then wait for the auction, and the merchants entering the market to participate in the auction will increase the price on this basis, and the person with the highest price will be able to obtain the goods. Of course, we also have a price reduction auction method. There is also a bidding model, and there are also open and secret bids for bidding. In general, our auction house can use advantageous channels to master a richer source of goods and can ship the goods as fast as possible. This is extremely convenient for both merchants who want to sell goods and merchants who buy goods."

Yifeng is a market, so although Huaihuang also has various goods such as salt, wine, tea, sugar, horses, iron, etc., what he pays most attention to is how to make the market bigger. Make this platform bigger. Only when the platform becomes bigger can it attract more people. The more prosperous the commerce here, Huaihuang can win more.

Xu Gai also felt that Yi Feng’s words were very reasonable at this time. He smiled and said, “The way of this exchange is good, but after all, you are still strengthening your teeth.”

"But this is indeed better than toothwork." Yi Fengdao.

While he was talking, a guard outside came to report to Sun Ping, the chief manager of the Sun family caravan in Shanggu, asked for a meeting."

Sun Ping was taken in by the guards and saw that the exchange was huge, especially after entering the main hall, seeing many people decorating the hall inside, he thought in his heart that he was preparing for tomorrow's auction. Seeing thousands of seats in the hall, he finally no longer doubted the news that the ten houses of the Wang Family Caravan in Taiyuan were sold out.

Sun Ping greeted Yi Feng, and looked up and saw Xu Gai standing on the side holding a business newspaper. The Sun family and the Xu family were both major merchants in Guandong. Therefore, Sun Ping was not unfamiliar with Xu Gai, but on the contrary, he was very familiar with him. He hurriedly stepped forward to greet him. Xu Gai smiled and said, "I heard that Manager Sun brought ten house goods here this time. Are you going to go out of the brigade?"

Sun Ping replied: "Return to Xu Guanren's words, the ten-house goods this time are not the Sun family's goods, and a batch of goods from the Zhang family and the Cui family in Qinghe. The original plan was to go out of the world, but along the way, I heard that the caravan of the Wang family in Taiyuan sold out all the ten-house goods here overnight a few days ago, so I came here to visit Yi Shuai."

"It's true." Yi Feng smiled and said the Wang family caravan that made the goods here. "The Wang family brought ten houses and wanted to go out of the frontier, but later they sold them all here. The goods were finally eaten by a group of Khitan tribe caravans. The Wang family sold the goods here, saving the hard work to run to the grassland. The Khitans bought the goods here and also gave up the two-way victory."

While listening, Sun Ping thought, "Yi Shuai, please forgive me for being rude. I wonder what price the Wang family caravan did to take?" These were originally involved in commercial secrets, but Yi Feng just waved his hand and didn't care. "The auction is open, and everyone knows the final transaction price." Yi Feng waved and asked the guards to take the transaction price tables of the various goods auctioned that day for Sun Ping to see. Sun Ping looked over carefully, and the more he looked, the more surprised the auction price of the Wang family's goods was lower than the price of running on the grass, but not much lower. After all, they saved a lot of time. In addition, he also saw that the Wang family also bought a batch of goods back, including horses, cattle, sheep, ginseng, mink, etc., as well as the salt of Huaihuang, sugar, rock sugar and other intimate goods.

He quickly calculated it in his mind and soon came to the result of the Wang family caravan making a big profit this time. If the Wang family caravan went out as in previous years, it would be possible to return in November and February, but now, the Wang family has gone back and forth in one month.

"Yi Shuai, I want to buy a batch of dam salt and dam sugar. I wonder if Yi Shuai can help?" The salt and sugar produced by Huaihuang are now rapidly becoming in short supply in the north because of their uniqueness. Especially those sugars, it is hard to believe that there are actually such pure candy pieces in the world. Such damaging products are bought and sold to the Central Plains, especially Chang'an, Luoyang, Yangzhou and other big cities. It is definitely a huge profit.

"Of course there is no problem." Ling Yun smiled, "But nowadays, the production of BA salt and BA sugar is not high, but the sales are excellent. Countless merchants want to buy it. To be fair, BA salt and BA sugar will participate in the auction, and Manager Sun can participate in the auction bidding auction. In addition, there is something that I want to ask Manager Sun. I hope Manager Sun can put your goods at our auction for auction. What do you think?"

"Can't you pull some out for me? The price is easy to discuss." Sun Ping asked tentatively.

"This matter is very difficult to deal with. You see, we have sent all the news, but it is not easy to go back on our word." Yi Feng said.

Sun Ping was actually not willing to sell the goods here. After all, they all went deep into the grassland. The further they ran, the higher they could sell. More importantly, they not only had to sell goods, but also went to the grassland to purchase goods, sell the goods, and then brought back a batch of grassland square items, which was a two-way deal. Of course, he would not directly refuse Yi Feng, so he pondered, "I have to go to the grassland to get some square items back next time."

"Now a large number of tribes on the grassland come to trade with goods. If you want to buy anything, why bother to look far away?" Xu Gai said.

"I didn't bring much money this time. I originally planned to barter. If I participate in the auction, I'm afraid I won't have the money to buy the goods."

Yi Feng smiled and said, "This is simple, it doesn't matter if Manager Sun didn't bring money. Didn't you bring so much goods? Mr. Sun can hand over the goods to us. We both sides first set a minimum transaction price for your goods, and then the goods will be temporarily handed over to us for custody until the end of the auction. During this period, we can ask the money house and the auction house to write a money house check with the same minimum transaction value for the goods to Mr. Sun. With this check, you can participate in our auction. As long as you like something, you can bid for the auction, as long as your bid is within the amount of the check you hold."

"What if I took the goods but my goods were not taken out, what should I do then?" Sun Ping asked immediately.

"It doesn't matter if this happens, your payment bank will help you pay."

"Then I don't owe money to the goods but to the money house, right? How should I pay back the money from the money house?"

"There are two solutions. One is to mortgage the goods. The money is considered a loan, and it is better to handle it according to the loan. Another method can be used by the money house to eat your goods directly at the starting price we agreed in advance, and then we settle the accounts." Yi Feng smiled. This money house is prepared for such a problem. Many caravans generally do not bring too much money. They go out to trade in barter. Therefore, Yi Feng set up a money house to provide an intermediate guarantee for them to participate in the auction transaction. Of course, this is a mortgaged guarantee. Their goods are collateral, so there is no need to worry about losing.

Sun Ping was a little moved, but he was still a little worried about this new method and asked again, "This is the starting price?"

"Don't worry, although the starting price will not be too high, it will not deliberately lower the price of goods. In order to formulate this reserved price, we will use your opinions as the main basis to set a relatively reasonable price. This reserved price will ultimately require your consent."

After hearing this, Sun Ping let go of his worries. As long as he has the final right to deny the starting price, he does not have to worry that his goods will be taken advantage of the opportunity to lower the price. He finally nodded and agreed to hand over the 1,600 camel goods he brought this time to the exchange for auction. In his opinion, this is a necessary condition for Yi Feng for those merchants who want to buy dam, salt, and dam sugar. Now that he has agreed to take out the goods for auction, he will be qualified to bid for these short-term products.
Chapter completed!