Rebirth of Xiangjiang: Across the World

Chapter 329 Tokyo Proceeds, Preparing for Crude Oil

I heard that Ma Yun was just an ordinary university teacher two months ago, and then she met a noble person.

Hu Si suddenly became interested, and asked curiously: "Brother Ma, let me tell you, who did you meet?"

"Brother Hu, you don't need to know so clearly."

Ma Yun kept silent about the existence of Zheng Yaoyang, and instead talked about the cargo in the carriage, which was worth a total of 45 US dollars.

Among them, there are [-] tons of sugar and [-] tons of rice, which are the most in short supply, and there are countless daily necessities.

The nobleman made it very clear to him that this trip was just to explore the way, and all the proceeds would belong to him.

"Brother Hu, to put it bluntly, you are doing this very dishonestly, and it won't last long."

"Take a step back, whoever goes out without bringing a guy with him, is not afraid of [-], just in case."

Ma Yun sincerely invites Hu Si to join the group, and will give him [-]% of the net income from this trip.

One percent is not in vain, Hu Si must go to Moscow with him, and he needs to do his best along the way.

If Ma Yun finds out about cheating and cheating during the period, then don't blame him for saying ugly things first.

Hu Si looked dignified, and at the same time, he was sure that there should be a great person standing behind him.

For goods worth 40 US dollars, if they travel to Moscow, the income will be at least [-] times higher.

Even if it's not for making friends with that nobleman Ma Yun, the reward is very considerable, enough to cover his income in the past few years.

"Done."

Without hesitation, Hu Si raised his wine and drank it down in one gulp.

"Done!"

There was a smile on Ma Yun's face. With Hu Si's help, this trip should go much smoother.

At night, the train travels across the vast Eurasian continent, and there are still 48 hours before the next stop.

On the other side, Zheng Yaoyang arrived at Tokyo International Airport by plane.

Rogers and Li Xiaomu came to pick up the plane, and reported to him the situation during this time in the car.

The first is the overall collapse of the Nikkei index, which fell by as much as [-] points in just a few months, and the three-year increase was wiped out.

Compared with the total market value at the beginning of the year, more than 200 trillion yen has evaporated, equivalent to 1.5 trillion U.S. dollars.

The property market crashed last year, and the stock market crashed this year.

The two carriages representing the economy both fell, and the entire country and hundreds of millions of people fell into despair.

Take the University of Tokyo, the highest institution, as an example. As long as those who received the admission notice, countless large companies would offer olive branches and go to school with pay.

Now, even the postgraduate students of Dongda University are unemployed after graduation, and a large number of companies have to lay off a large number of employees in order to survive the financial crisis safely.

Those laid-off employees, because they were blinded by the false economic bubble, almost everyone was burdened with mortgages, car loans, personal credit loans, and various loans.

If you can have a stable job, you can continue to live even if your life is tight. Now that the company has laid them off, it is no less than cutting off their way of life.

They took to the streets to protest and violently marched, which once turned the bustling Tokyo city into Gotham City.

The people are struggling to make ends meet, and the government reacted quickly and issued several labor laws, strictly prohibiting major companies from laying off employees at will, and even including them in criminal law.

As long as the company does not go bankrupt, the policy of retirement can be done, that is, it will be implemented from this time.

With one wave of ups and downs and another wave of ups and downs, the whole country is preparing to overcome this financial crisis hand in hand.

Countless international speculators swarmed like sharks smelling blood, and began to crazily short the yen.

Through Wall Street capital led by Balck, by using US dollars to buy a large amount of yen bonds and related funds of the yen, and then come to Japan, sell a large number of assets in Japan, and then convert them into US dollars.

Repeatedly, Japan's US dollar reserves are continuously consumed, and the reserves are passing away like running water, forcing the Ministry of Finance to use overseas high-quality assets to pay off debts.

Because of the domestic currency, international speculators do not buy it, and can only sell high-quality assets through middlemen to exchange for US dollars, and then repay them to those people.

Shorting the currency is essentially a hedging behavior. Speculators sell short the Japanese economy, and the local government can only be forced to do more, and finally decide the winner.

If it was just the behavior of speculators, the damage to the Japanese economy would not be so great. The main reason is that the ignorant people also followed suit and exchanged foreign currency.

The Ministry of Finance has accumulated trillions of dollars in reserves for more than ten years, and it has almost been exhausted in a short period of time. It has also transferred nearly 3000 billion U.S. bonds it originally held.

The currency hedging, in which speculators triumphed resoundingly, ended with a bow and apology from the Treasury Department spokesman.

Officials have made it clear that they are no longer able to resist the scythe of speculators, and can only let the people ask for their own blessings.

As soon as the news came out, the exchange rate of the yen against the US dollar plummeted by 12%, and the wealth of countless people was harvested.

The national exchange rate seems to be high, but it is closely related to everyone living in this country.

Take a bottle of Coke as an example, it costs 1.5 yuan in mainland China, 3 yuan in Xiangjiang, and 50 yuan in Tokyo last year.

In April, the agent of Coke in Japan announced that each bottle would increase by 6 yen.

Inflation has caused prices to become more expensive. Things that were originally worth 1.12 now cost [-] to buy.

The extra 200 yuan was the profit of the speculators, including Rogers.

Hearing Rogers' narration, Zheng Yaoyang also roughly understood what had happened in recent months.

The one billion US dollars that was handed over to him at the beginning has now successfully doubled, and the total assets have reached 21.2 billion US dollars.

Zheng Yaoyang looked out of the car window, one by one ambulances drove by, it must be because someone jumped off the building again.

After pondering for a moment, he asked Li Xiaomu: "How much interest will our Jingfangli pay this year?"

Rongfang has shorted the two-year contract for the past year, and it is time to pay the interest for the second year.

It’s just that it’s not a good thing that housing prices have fallen too much. According to Li Xiaomu, as long as the funds are not particularly tight, many customers who mortgaged at the beginning would be reluctant to cut their meat.

Holding and not selling is always the book profit and loss. Once sold, it is the real loss.

This has also led to the fact that they are still burdened with 2650 properties, and they will have to buy them back and return them to customers until today next year.

Li Xiaomu replied: "Mr. Zheng, because we pay according to the percentage of the house price, we expect to pay 318 billion yen in interest this year."

A house is a fixed asset, no matter how much it falls, the value is still there. Now in the 23 wards of Tokyo, many places are experiencing a rebound, and the average price of each unit has risen to 1.2 million.

Including the principal and the interest to be paid this year, Jingfangli's total liabilities reached 3498 billion yen.

Fortunately, all their holdings are in U.S. dollars. During this period, the yen fell sharply, and the exchange rate rose from 132 to 147.

In other words, they need to pay a total of 23.7 billion U.S. dollars to completely close Jingfangli's position.

Zheng Yaoyang pondered for a moment, then asked: "Except for Rogers' investment department, how much money is there in the account?"

Li Xiaomu replied: "In the past six months, our company has fully paid the breach of contract fees for more than 200 contracts, and there is currently 17.5 billion US dollars left in the account."

Zheng Yaoyang calculated in his mind that if he added the two together and deducted the company operating tax, there would be about 13.5 billion US dollars.

Among them, 70 million is the initial principal, and he personally holds 4.55% of the shares, making a profit of about [-] million US dollars.

Zheng Yaoyang ordered: "Take another 5 million US dollars to Jim's investment department, the remaining 12.5 billion, 2.5 million will be used to pay this year's interest, and the remaining [-] billion will slowly buy back the properties needed for next year's delivery."

If they buy real estate on a large scale in a short period of time, it will inevitably cause a rebound in the real estate industry, so from now on, they will slowly repurchase real estate.

Li Xiaomu nodded, indicating that he would do it immediately.

Zheng Yaoyang looked at Rogers: "Jim, you have three things that must be completed before the next quarter."

"First clear the position, the current Nikkei index is basically at the bottom, and selling can maximize the benefits."

"Secondly, contact President Fujiwara of Mitsubishi Bank and ask them to assist us in holding Fujitsu."

"Finally, use the remaining funds in the account to buy all the international crude oil futures contracts."

When Rogers heard this, he frowned. The first thing he agreed was that although the Nikkei would still fall, leaving now would maximize his benefits.

When shorting the market, the most taboo is to be greedy. Once you run slowly, the money you earned before will be returned to the market in an instant, and even losing money is normal.

The second thing Zheng Yaoyang explained last year is that their shareholding has reached 14%.

As long as you contact the president of Mitsubishi and those shareholders who have contacted in advance, you can quickly complete the holding of Fujitsu.

He just couldn't understand the purchase of international crude oil.

Since the early 80s, oil deposits have been discovered in various countries around the world, and oil prices have continued to drop.

From the initial price of US$34 per barrel to more than 11 yuan today, the energy ministries of various countries are optimistic about the continued growth of oil output in the coming year.

Zheng Yaoyang is now buying crude oil contracts, which shows that he is optimistic about the future market rise, which runs counter to the news from the Ministry of Energy of various countries.

(End of this chapter)