kingnovel Chapter 837: A turbulent weekend
Chapter 837: A turbulent weekend
"The purpose of those foreign investors is to make money. They will never destroy our Japanese financial system!" An old man with a small mustache looked at the participants with great confidence, "Otherwise, no matter how much Japanese yen they earn, it will just be a pile of waste paper!"
A short, thin old man in a black suit snorted, "The Ministry of Finance thinks those foreigners won't ruin our financial market, so what are they doing recently?"
The old man with a mustache from the Ministry of Finance frowned and said, "We are all ears to any advice the Cultural Exchange Department has!"
"What can I say?" The short, thin old man from the Cultural Exchange Department sneered, "In May 89, you said you wanted to curb stock market and land speculation and decided to raise interest rates by 5%."
"What did I say?" The short, thin old man from the Cultural Exchange Department looked at the other politicians. "I said that the total loans of Japanese banks were as high as 400 trillion yen. I told them to add less and see how the market reacts first."
"The guy from the Ministry of Finance said, 'I don't understand economics!'" The short, thin old man spread his hands and continued to talk about the past. "In October 89, they said that the Nikkei index had broken through 10 points and that they had to firmly curb speculation in the Japanese stock market. They decided to raise interest rates by another 3%."
"That time, although I felt it was inappropriate, I didn't dare to speak up to stop it! I was afraid that the bigwigs in the Ministry of Finance would say that I didn't understand economics again!"
"What was the result?" The short and thin old man stared at the minister of the Ministry of Finance and said in a cold voice: "These people who understand economics very well, on the grounds of emergency response to inflationary pressure, raised the interest rate for the third time by 89% on December 12, 25!"
"Now, the Japanese stock market has finally been hit hard by their successive interest rate hikes!"
"However, these idiots who understand economics very well not only did not stop, but also continued to raise interest rates by 3% and 8% in March and August last year, making the Japanese stock market even worse!"
"Don't they know that the total loans of Japanese banks in the first half of last year have risen to 450 trillion yen?"
"Don't they know that the sharp drop in the Japanese stock market will cause many stockholders and companies that borrowed money to invest in stocks to be unable to repay their loans? And then their loans will become bad debts for banks!"
"Don't they know that those shareholders who can't pay back the money will jump off the building? Those companies that can't pay back the money will go bankrupt?"
"No! They all know!" The short and thin old man pointed at the people in the square formation at the Ministry of Finance and said angrily, "How could these bastards who study economics all day not know!"
Everyone in the meeting knew that the man from the Cultural Exchange Department had publicly accused him of not understanding economics before taking the opportunity to retaliate against the Ministry of Finance, but everyone was used to seeing things as they actually were.
Since the Ministry of Finance cannot effectively control the short selling of the Japanese stock market by foreign capital, it means that they have failed in their management responsibilities, and resignation is the inevitable result!
Now that the outcome has been decided, the Minister of Finance should just stand guard with his tail between his legs.
What happened is that he even dared to talk back and said something like "I'm all ears". Isn't this asking for trouble?
"My opinion is that the only way for you in the Ministry of Finance to apologize to Tian Huang and the islanders is to resign collectively!" The short and thin old man from the Cultural Exchange Department showed his true colors and actually wanted to get rid of everyone in the Ministry of Finance in one fell swoop!
……
March 3st, Sunday afternoon.
When the Japanese government was in the midst of a heated argument, the Aso couple came to the top floor of the biological genetics laboratory building of Shenzhen Peace College with a Nihon Island High School history textbook that had not yet been promoted and used, and met a group of top Hong Kong businessmen who were also outside the glass.
Without a doubt, the Aso couple could guess that these Hong Kong businessmen came here to discuss plans with Zhang Heping in order to jointly short the Japanese stock market tomorrow.
Aso Dalang walked through the space left by the Hong Kong businessmen, came to the glass partition, and said loudly: "Mr. Zhang, we have brought a new version of the high school history textbook, please take a look!"
Zhang Heping, who was originally observing the mouse experiment in the hall of the space capsule remote control center, turned around and left his chair and walked towards the glass door after hearing this.
Under the gaze of a group of Hong Kong businessmen, Zhang Heping walked out of the control center, took the history textbook written entirely in Japanese, and began to flip through it quickly.
After a moment, Zhang Heping handed the history textbook back and said calmly: "Change 'strategy' to 'invasion', 'attack' to 'invasion', 'occupation ...occupation', don't play word games with me!"
Aso Dalang bowed hurriedly and said, "Hey! When I go back, I will urge them to revise it and try to distribute it to students for use next semester."
Zhang Heping hummed, then looked at the others and said, "Everyone, you should go to the Peace Hotel to rest for a while. I can't finish the experiment here in a short time."
"Mr. Zhang, just do your thing and don't worry about us!" President He looked at the two Japanese islanders intentionally or unintentionally, and said with a smile: "In fact, we are also very curious about the space experiment. It's a rare opportunity to watch it."
Seeing Zhang Heping turning around to leave, Aso Dalang hurriedly said, "Mr. Zhang, your shorting of Japanese stocks..."
Because there were other Hong Kong businessmen present, Aso Taro could not ask Zhang Heping directly to what extent he would short sell and what conditions would be needed to stop short selling.
Fortunately, Zhang Heping didn't say it too bluntly. He just stood sideways at the door and said to Aso Dalang: "You know what I want. The question now is, what can you get from it?"
Zhang Heping looked at Mrs. Aso and said with a smile, "I'll wait for your call!"
"Hey!" The Aso couple bowed hurriedly, as if to respond to Zhang Heping's implied meaning.
After Zhang Heping walked into the remote control center, the Aso couple got up and left.
Zhongxin Rong waited until the two Japanese islanders left before he casually said, "Mr. Zhang seems to be very optimistic about this Vice Minister Aso!"
In recent years, the only Japanese people who could be received by Zhang Heping, apart from the experts and students of the Hong Kong Peace College, were the Aso couple. The outside world has long had various versions of speculation about this.
Now, at this sensitive moment of shorting Japanese stocks, these two people not only came over, but Zhang Heping also came out to meet them in person.
Putting aside the matter of the history textbook, the ambiguous conversation between them alone gave rise to many fantasies for the Hong Kong businessmen present.
"He has the potential to be a mayor!" Zhang Heping replied casually without waiting for others to think too much.
As a result, this sentence made people inside and outside the door think more!
The town mayor of Japan usually means the mayor of the town.
But put it behind Chiyoda-ku, and that's the highest position on the island.
The key point is that Taro Aso's grandfather served as the mayor, and Mrs. Aso's father also served as the mayor.
Thinking of the network of relationships involved, many people present understood that Zhang Heping was investing in the future mayor of Rijima.
But, new problems arise!
If Aso Taro becomes the mayor, what does Zhang Heping want to gain from it? What can he gain?
~
On the top floor of Shenzhen Stock Exchange, a three-party video conference between the capital, Shanghai and Shenzhen was held.
The old man sitting at the head of the Capital Conference Room said in a deep voice: "Everyone, this Japanese stock market crash, like the war in the Middle East, has taught us a hard lesson!"
The person in charge of Shanghai Stock Exchange replied: "Please rest assured, we use the T+1 trading model and do not support short or long stock speculation."
The old man on the screen in the capital city obviously didn't finish his words before he was interrupted by the one in the Magic City. His tone became stern at this moment, "Since we have established a stock exchange, we will definitely connect with the international market in the future to attract foreign investment."
"Therefore, I ask every participant today to pay attention to the movements of the Japanese stock market and make a written report, and then send it to my email."
When they heard that they had to write a report, some people were happy for this rare opportunity to show off, while others secretly sighed that they were unlucky to encounter such a thing.
"Next, we would like to invite Mr. Dai from Capital University to analyze the causes and consequences of the recent plunge in the Japanese stock market. Please applaud and welcome him!"
As the old man at the top of the capital finished speaking, the desktop microphone was moved in front of an old man in a gray plaid suit.
"I'll tell you my humble opinion. If there's anything wrong, please point it out to me, so I don't make a fool of myself by spreading it." The old man in the gray plaid suit said, and then he pulled up the slides he made and listened to him continue:
"This sharp drop in Japanese stocks has exposed many of Japan's economic, regulatory, and social problems, which cannot be discussed in isolation but require comprehensive analysis."
"For example, last year, the land price in Dongdu was equal to the land value of the entire Magnesium Country. Is this normal?"
"Everyone, do you know how many times the area of Magnesium Country is that of Dongdu?"
"4177 times!" The old man in the gray plaid suit said excitedly without waiting for others to answer, "When you hear this number, can you imagine how arrogant the Japanese were before?"
"Some people may wonder, what does the arrogance of Japanese people have to do with the Japanese stock market?"
"This is a big deal!" The old man in the gray plaid suit laughed and said, "In 1989, if you told the arrogant Japanese that Japanese stocks would be shorted by foreign capital, they would all fall by 20% in one day."
"Laughing at you and scolding you are just the least of their worries. The bad Japanese will beat you up!"
"If it were my students, someone would definitely ask: Teacher, the Japanese stock market fell by half from January to October last year, they can't be crazy anymore!"
"The student who asked this kind of question obviously didn't listen carefully to what I just said. What was the land price in Dongdu last year?"
"That's right. Last year, the land price in Dongdu was equal to the total land price in the entire Magnesium Country!"
“So, the Japanese were still as arrogant as ever last year!”
"It is precisely because of this arrogance that they believe that Japanese stocks will rebound quickly, which makes them rush to borrow money to buy Japanese stocks at the bottom."
“What they didn’t expect was that the Japanese stock market’s decline last year would last for 10 months.”
"Ten months later, they finally saw the Japanese stock market rebound..."
~
Hong Kong Island, top floor of Dai-ichi Kangyo Bank.
As soon as Aso Taro returned to his base in Hong Kong Island, he called his father-in-law and said, "Father-in-law, I can't understand why Japanese automakers are being stopped from acquiring Japanese automakers when they can still pay taxes to the Japanese government after being acquired by the Peace Group?"
The former mayor Suzuki's deep voice came from the other end of the phone, "Because Peace Group is shorting Japanese stocks! If you push Peace Group to acquire Japanese automakers at this time, it's not acquisition, it's plunder!"
"Father-in-law, please forgive me for being blunt!" Aso Taro frowned and looked at the Peace Hospital in the distance, and said seriously: "The product advantages of Japanese car companies have been completely suppressed by the new technology of Peace Automobile!"
"Once Peace Automobile starts dumping its products at a lower price, the price advantage of Japanese automakers will be wiped out."
The voice of former Mayor Suzuki sounded again, "However, Peace Motors has been jointly restricted by Europe and other countries!"
"That's exactly the second thing I want to say." Aso Taro said into the phone, "We also want to make a public announcement that the health products of Peace Automobile and Peace Group are exempt from inspection due to their high quality!"
"This is impossible. The Magnesium people and other allied countries will not agree!" Former Mayor Suzuki denied it without even thinking about it.
Aso Dalang said calmly: "They will agree! As long as Zhang Sang shorts the stock markets of one or two more allied countries, they will follow us and issue the same exemption statement!"
"What's more, the capitalists of Magnesium and its allies are shorting our Japanese stocks. What qualifications do they have to disagree with our statement?"
Former Mayor Suzuki seemed to be persuaded by his third son-in-law. He was silent for a long time on the other end of the phone before he spoke again, "Which department do you want to be transferred to this time?"
"Ministry of Foreign Affairs!" Aso Taro said firmly, "The Ministry of Finance has resolved the crisis of shorting Japanese stocks, which can only be regarded as making up for its mistakes."
"It can only be counted as my political achievement if I go to the Ministry of Foreign Affairs and use diplomatic means to communicate with the Peace Group and other Hong Kong businessmen to stop shorting Japanese stocks!"
~
Shenzhen, Peace Hotel.
After Zhang Heping finished his experiment, he came here to talk with a group of Hong Kong businessmen about their plan to short Japanese stocks next week. Then he heard others talking about the falling prices of land and buildings in Japan.
"The land and housing prices in Japan will definitely drop by more than half!" The head of the Li family, who is in the real estate business, said excitedly:
"When the time comes, we can not only buy up the stocks of Japan Island, but also the land of Japan Island and those unfinished buildings!"
"The banks in Japan have all collapsed, where do you get so much money to buy up the land and unfinished buildings in Japan?" Chairman Guo, who is also in the real estate business, sneered:
"Apart from those Japanese banks, ask other banks which one will lend you money to buy the bottom of the Japanese stock market and real estate."
Chairman He nodded in approval and kindly reminded: "After this battle, Japan's economy will definitely hit rock bottom."
"In addition, Japan's banks have so many bad debts. If the Japanese government allows them to go bankrupt, Japan's economy will fall into the abyss and there will be no recovery!"
"I think if you want to buy up the land and unfinished buildings in Japan, you can wait patiently for the Japanese government's handling of Japan Bank before making a decision."
Seeing that Zhang Heping did not express his opinion, someone boldly asked: "Mr. Zhang, will the Heping Group still invest in Ridao Real Estate?"
Zhang Heping smiled and said, "I have the same idea as Chairman He. I want to see if the Japanese government will help those Japanese banks and those Japanese companies that are deeply in debt crisis to see how they can overcome this difficulty."
Chairman He saw that Zhang Heping agreed with his opinion, and couldn't help but smile and said, "When you asked Mr. Zhang whether he would invest in Ridao Real Estate again, didn't you notice that Heping Group had already invested in Haicheng and Shanghai Pudong?"
A small real estate developer said helplessly: "We are aware of the investment trend of the Peace Group in the mainland, but it is difficult to get a loan from a mainland bank!"
As soon as these words came out, many small real estate developers in Hong Kong Island looked to Zhang Heping, because Huifeng Bank had opened branches in Shenzhen and Shanghai, and even branches in Capital, Haicheng, Wucheng, and Banna Jingcheng were being planned.
Therefore, as long as Zhang Heping nodded, they could borrow funds for real estate speculation from Huifeng Bank branch.
Unfortunately, the charity under the Heping Group is not Huifeng Bank, so how could Zhang Heping easily agree to their request?
The key point is that Huifeng Bank does not restrict its domestic loan business. As long as collateral can be provided, Huifeng Bank is still willing to lend money.
After all, Heping Group has too much money in Huifeng Bank’s account, and they are also under great pressure to pay deposit interest!
Just as Zhang Heping was smiling without saying anything, a Hong Kong businessman suddenly said:
"Mr. Zhang, I heard from a friend that the six major financial groups in Japan have sent people to Europe, America and other countries to persuade those big financial groups and big capital to go long on Japanese stocks and snipe our funds!"
……