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Rishengchang

Rishengchang
Other names: 日升昌
Author: Ou Mu
Genre: Novel, Historical Novels
Release: Unknown
Status: Ongoing

Description:

In the middle of the Qing Dynasty, due to the needs of commodity circulation and currency turnover. An institution specializing in money exchange business was created, called “Piaohao”, also known as “Piaozhuang”, or “Exchange House”. This industry is dominated by Shanxi people and is also known as “Shanxi Piaozhuang”. It monopolized the country’s currency exchange industry. At that time, there were 17 largest ticket numbers in the country, and 7 were opened by Pingyao people. The largest ticket number was “Rishengchang” opened by Pingyao Li Jingkai. It was originally a paint shop. , Which was converted into a ticket number during the Daoguang period.

The book explains the story of the originator of the Chinese ticket bank “Rishengchang” from its opening to its peak. Tells the love and hatred of a generation of Shanxi merchants. It is the originator of the Bank of China. It was the ticket number that controlled half of China’s financial industry in the 19th century. The street where it is located is commonly known as the “Wall Street” of China in the 19th century. It is a topic that cannot be circumvented in Pingyao, a story that cannot be circumvented in Shanxi, and a starting point that the financial industry in modern China cannot surpass. If there is no Pingyao and no “Rise Shengchang”, the history of China’s modern financial industry will be rewritten, perhaps even the starting point is not known.

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