nashuaworldcup Chapter 116 Harvest time, the carnival of short sellers
Chapter 116 Harvest time, the carnival of short sellers
That day, after the Japanese stock market crashed, the stock index fell 50% within a week.
Since the launch of Operation Sakura, the Japanese stock market has fallen by 70%, and more than two-thirds of the entire stock market value has evaporated.
After paying a lot of money, the short sellers finally ushered in the harvest moment.
Lao Suo, who acted as a pawn, had actually always complained about Robert, the big brother.
Because since the short selling was made public, the big brother seemed to be waiting to reap the rewards behind them, besides waving the flag and giving some reports.
But when Robert revealed Mitsui's major scandal, he looked at Robert with admiration and admiration.
Sure enough, this material became the last piece of material that crushed the Sakurajima stock market.
Played a decisive role in this battle.
The short sellers who started drinking the soup naturally had no complaints.
If it hadn't been for the righteousness of the big brother of Cayman Capital, they might have faced the embarrassing situation of defeating the enemy by three thousand and losing one thousand by themselves.
While they were busy harvesting everywhere, Robert also received Wang Lei's order to start evacuating.
Robert didn't ask any more questions this time. He understood that the Japanese yen exchange rate was quite stable now. If he didn't run away now, how long would it take?
In one fell swoop, all the 20 trillion yen gained from short selling were converted into U.S. dollars.
Including the 15 trillion yen gained from selling stocks previously, a total of 35 trillion yen was obtained.
Converted to U.S. dollars, that’s 2800 billion U.S. dollars!
After deducting the US$1000 billion raised, Cayman Capital received US$1800 billion.
Looking at this huge amount of money, Wang Lei also smacked his lips slightly.
But if you think about it carefully, it is normal to have this kind of income on Sakura Island.
You must know that 90 years ago, the top ten companies with the highest market value in the world were all Japanese companies, and they were all financial institutions in Sakurajima.
The top five richest people in the world are all real estate developers from Sakurajima.
If you think about it with your toes, you will know how much foam there is.
He had planned for a long time, and with sufficient funds, it was completely reasonable to achieve this result.
Laosuo and Tiger Management are following Cayman's butt, and they are all talking nonsense, with at least billions of profits.
After this battle, Cayman Capital surpassed Blackstone and became the world's largest private equity fund.
Of course, Qiao Silin also made a lot of money this time. The huge amount of money she lent to Cayman Capital also got the rewards she deserved.
With so much money, Wang Lei felt more pressure because he had to spend all the money, otherwise it would just be a series of numbers in the accounts.
Wang Lei first issued a huge bonus of nearly US$50 billion to Cayman Islands.
Among them, Robert, as the president, monopolizes 25 billion US dollars to commend this dedicated capital steward.
The two have worked together for many years, and he deserves this.
As for the remaining 25 billion US dollars, the management received 10 billion US dollars, and the remaining 15 billion was distributed to 5000 outstanding employees with outstanding performance.
"Boss, is it a bit too much to give so many bonuses to employees?"
"Robert, you need to take a longer view. When we make money, we also need to make everyone under us happy.
We can now be said to be one of the largest private equity firms on Wall Street. This successful short-selling of Sakura Island has completely exposed us to the spotlight. We need more outstanding talents to join us. Only when you give enough money will employees have a collective sense of belonging. sense, and collective sense of honor.
For them, apart from giving them money, what is the corporate culture and what are the promotion rules, everything is empty talk! "
Robert nodded, he just felt a little worried about his boss's money.
As for the remaining money, Wang Lei plans to invest in Japanese stocks, which have plummeted, and acquire some core industries in Xiaoli.
For example: semiconductors, medical care, automobiles, ships, steel, and of course real estate.
Sakurajima’s semiconductors at this time can be said to be number one in the world!
In 1986, Xiaoli's semiconductor products accounted for 45% of the world's total, making it the world's largest semiconductor producer at that time.
In 1990, when the financial market collapsed, Xiaori Company accounted for 53% of the world's memory chip market, while the United States only accounted for 37%!
Before 2000, Sakurajima was a dominant player in the semiconductor industry.
Even Intel, the founder of dram, was beaten to the point where they even started discussing how to go bankrupt in a dignified manner.
Most of the Hiroshima Agreement in the beautiful country was to sanction the small semiconductor industry.
Hanguo Semiconductor?The chaebols are currently racking their brains to steal technology and poach people all over the world.
Looking at the entire Sakura Island now, no one is as rich as Third Young Master Wang.
You have money, but others won’t sell it?
No, no, don't forget that Wang Lei is now like a holy father in the eyes of the major financial groups on Sakura Island.
He is the general who helps them resist the world's hot money.
All consortiums are half of his subordinates.
The small life consortium is having a hard time, because the financial market collapsed, and this is the time when it is stretched.
Wang Lei, waving US dollars, looked like a savior to them.
Of course, this kind of annexation cannot be completed at once, and it will be a very long acquisition period.
The first thing Wang Lei focused on was the bad debts of several major commercial banks!
What are bad debts?
Funds released by banks that cannot be recovered are called bad debts, or bad debts.
After the financial collapse of Sakurajima, the first thing that broke out was the wave of bad debts.
Real estate speculators were so arrogant in the past, but now they are miserable even if they don't have money.
The more people choose to cut off their loans, according to a survey by Heilongshe, the bad debt rate of some commercial banks is as high as 35%!
This bad debt rate is so abnormal that even Mitsubishi Bank, which is now the world's largest market capitalization company, cannot handle it.
However, bad debts in the eyes of banking institutions do not exist at all in the eyes of the Black Dragon Society.
As long as the money can be recovered, it is not a bad debt!
And Black Dragon will have thousands of ways to get debtors to pay back their money.
So while Wang Lei asked Li Qilin to slowly buy the bottom of Sakura Island's stock market in the name of Bailong Credit Union, he also asked people to contact the presidents of several major commercial banks to discuss the possibility of cooperation.
After receiving the invitation, Ueno Heiji's face was full of disbelief. He didn't go to Wang Lei, but Wang Lei came to him.
Of course the Commander-in-Chief’s face must be given.
He was the first to arrive at the clubhouse.
Wang Lei asked the maid to light a cigar for Ueno Heiji:
"Ueno-kun, how have you been lately?"
The answer is of course not good. While guarding against internal liquidation, he is asking his own people to transfer property.
He is an extremely successful entrepreneur in his own right, and the thought of not being able to take away all of his property makes him feel distressed.
"President Wang, let's stop being polite. Why did you invite me here to talk about cooperation?"
"Haha, as the president, I have been unable to lead everyone out of the predicament, and I blame myself very much. I thought about your bank being in the quagmire of bad debts, so I wanted to help if I could."
"Do you want to buy the bad loans of Mitsui Bank?"
Ueno Heiji suddenly became more thoughtful. Is this guy really so kind?
"Haha, our Mitsui Bank's finances are very good and we don't have too many bad debts."
Nominally, only debts that are overdue for more than one year can be called bad debts. However, at this time, Sakurajima's economy is in the Great Depression, and it is estimated that real estate will collapse soon. Many non-performing debts are actually on the verge of bad debts.
So there is nothing wrong with Ueno saying that Mitsui Bank does not have many bad debts.