1880

China Leonhard Orgler https://18xx.guide · v1.0.1

Players	3	4	5	6	7
Start cash	¥600	¥480	¥400	¥340	¥300
Cert limit	20	16	14	12	11

The bank is unlimited. Fourteen companies, eight privates, and a foreign investor for each player.

StartPrivate auction

P0 to P7 are auctioned in order, each opened by the next player clockwise. The opening bid is the face price, raises are ¥5, and passing drops you from that private alone.
Nobody bidding on P0 or P1 takes ¥5 off it and lets the passed back in; at ¥0 the player offered it must take it.
Once P1 is sold, a round of passes ends the round: an OR pays the privates only, and the next share round auctions what is left before anything else is for sale.
Seating is then dealt again by money, poorest first, and that player takes priority.

StartForeign investors

Each player takes one investor free; the rest leave the game. It leases the current train from the bank, lays or upgrades one tile, needs no permit, has no share price, and always withholds.
The first company you start puts a 10% share of it on your investor, reserved for you and paying nothing.
Once track joins the investor's home to that company's home, it merges in: the company takes the treasury, or you take a fifth of it and the bank the rest. Either way you take the share and ¥50.
Investors stop operating when the first 4 is purchased, but may still merge. One left unmerged at the end pays its owner a fifth of its treasury.

SRBuy/sell shares

Sell any, then buy one. Every 10% sold pays the bank ¥5 in fees.
A player may hold 100% of a company.
No separate pool. Every share is bought from the bank and sold back to it at the current price.
No buying a company you have sold this round.
Privates and investors sit outside the certificate limit.

SRStarting a company

The first certificate is the director's, and its buyer picks 20%, 30%, or 40%—with building permits for 3, 2, or 1 consecutive phase letters.
Par 70 · 80 · 90 · 100, four companies at each.
A company floats once its director holds a qualifying number of shares based on the phase.
Half capitalization at float—5× par. The other 5× comes the moment the bank is down to five shares after the first 3.

SRShare price

Each 10% sold moves the price down one; every available share in players' hands at the end of a round moves it up one.
A move off the end of a row turns the corner: right becomes up, left becomes down.

OROperating round

Privates pay, then investors, then companies by par price, highest first—the current price never reorders them. The next OR resumes where the last one stopped.

ORLay track

A company may lay or upgrade only if it holds a building permit for this phase letter.
One yellow tile in phase A; from the first 3, two yellow or one upgrade.
A boomtown takes a town tile or a city tile; the choice is permanent.
The four printed stubs around Beijing must always be carried through, so it can never be cut off.

ORTokens

Three in all, the home free, then ¥40 and ¥100—or ¥80 and ¥200 from the first 8. One an OR.

ORRun trains

Off-board counts as a large station, a harbour as a small one, and both may only end a route.
An N train counts consecutive stations and may skip none. An N+M runs to N+M stations, at most N of them large. An E counts N stations, may skip any, and must take one of yours.
While Beijing is a terminus a route may start at one of its stations and end at another; once it goes brown and track runs through, it may not.
Each ferry crossed costs ¥10, three at most.
One train running between the far reds A3 and A15 adds ¥50.
Add the bonus printed under your share price—ten times the small number—whether you pay or withhold.

ORPay dividends

Withhold, or no train, ←1 · pay anything →1

ORBuy trains

Trains leave the bank in order. From another company only if you direct both from the first 3 at ¥1 or more.
The last train of a type stops the operating round for a share round. A full round with nobody buying removes the rest of that type, which changes phase and calls a share round too.
Restored 2s arrive with the first 6 at ¥250: they never rust, they fill a slot, and they do not count as the train a company must own.
Short of money, the director pays from pocket and sells shares—never changing any directorship. Still short, the rest is a debt at 50% interest every share round, to be cleared before they buy anything. Nobody goes bankrupt.

Communist takeover

From the first 4 until the first 6: the market freezes entirely, no director may sell their own company's shares, privates stop paying for good, and investors stop operating.

ENDEndgame

The second 8 calls the last share round. Every company then operates three more times and the game ends.
Privates have no value.

Trains
Phase	Train	#	Cost	Rusts	Limit	Float	Brings
A1	2	10	¥100		4	20%	5 shares · half capital
A2	2+2	5	¥180		·	·
B1	3	5	¥180		·	30%	Green · 10 shares · two yellow
B2	3+3	5	¥300		3	·
B3	4	5	¥300	2	·	40%	Communist takeover
C1	4+4	5	¥450	2+2	·	·	Brown
C2	6	5	¥600	3	·	60%	Restored 2s · market reopens
C3	6E	5	¥700	3+3	2	·
D1	8	2	¥800	4	·	·	Gray · tokens ¥80 and ¥200
D2	8E	2	¥900	4+4	·	·
D3	10	∞	¥1,000		·	·

Privates
Private		Cost	Pays	Power
P0	Woosong Railway	¥5		Once, as the last 2+2, 3, or 3+3 goes: ¥40 · ¥70 · ¥100.
P1	Kaiping Railway	¥10	¥5	None.
P2	Yanda Ferry Company	¥25	¥10	Your companies cross ferries free.
P3	Taiwan Western Line	¥45	¥15	Taiwan pays them +¥20.
P4	Chinese Rivers Ferry Companies	¥70	¥20	¥20 off their first tile in a river hex.
P5	Jeme Tien Yow Engineer Office	¥100	¥25	One more phase D permit, for one company.
P6	Imperial Qing Government	¥160		The BCR's 20% directorship, parred at 100; always lays two yellow tiles.
P7	Rocket of China	¥50		Trade it for any available train in a company's turn; forced at the first 4.

1880

Tile manifest 179 tiles · ×N = count in box

Yellow from the start · 86 tiles

#5 ×6

#6 ×6

#7 ×5

#8 ×15

#9 ×15

#57 ×6

#235 ×5

#8850 ×5

#8851 ×6

#8852 ×6

#8854 ×2

#8855 ×2

#8856 ×2

#8857 ×2

#8858 ×2

#8877 ×1

Green from the first 3 · 64 tiles

#14 ×4

#15 ×8

#16 ×2

#17 ×1

#18 ×1

#19 ×2

#20 ×2

#23 ×4

#24 ×4

#25 ×3

#26 ×2

#27 ×2

#28 ×2

#29 ×2

#30 ×1

#31 ×1

#619 ×4

#887 ×5

#888 ×3

#8860 ×1

#8861 ×1

#8862 ×1

#8863 ×1

#8864 ×1

#8865 ×1

#8866 ×3

#8878 ×1

#8886 ×1

Brown from the first 4+4 · 20 tiles

#63 ×6

#611 ×3

#8871 ×3

#8872 ×2

#8873 ×2

#8874 ×2

#8879 ×1

#8887 ×1

Gray from the first 8 · 9 tiles

#455 ×3

#895 ×3

#8875 ×1

#8880 ×1

#8888 ×1

B Beijing · S Shanghai · OO two separate cities.