nashuaworldcup Chapter 114 Passionate battle, but unfortunately two old 2s got mixed up
Chapter 114 Passionate battle, but unfortunately two old 2s got mixed up
"Everyone, now is not the time to be downhearted. The financial war has not officially started yet, and now is not the time to admit defeat."
The word "admit defeat" deeply hurt these little Baga.
If it weren't for "Little Boy" and "Fat Man", they would never admit defeat, not even this time!
"President Wang, tell me what to do, and we will all listen to you."
"You must have had a plan before you summoned us all."
Wang Lei pressed the microphone with his hand to signal everyone to be quiet.
Entrepreneurs who were arrogant and domineering in the past have shut their mouths and behaved like kindergarten children.
"The opponent seems to be powerful, but in fact it is just strong on the outside and weak on the inside. Shaking people is a sign that Cayman's capital funds are about to dry up!"
Mie Yeyasu nodded in agreement. If Cayman Capital had sufficient funds, it would not call on colleagues to share the cake.
“So Cayman capital has nothing to fear.
What we need to pay attention to is the capital flow of the two major hedge funds, Proton Fund and Tiger Management, and block them!
As long as we contain these two short sellers, the scale of the remaining hot money will not be large, and it is only a matter of time to expel them. "
Ueno Heiji raised his hand and asked:
"All their funds flowed into foreign banks, and we couldn't monitor their capital flows at all."
"Don't worry, according to my understanding of the two major short sellers, their next step must be to short our commercial banks!"
As he spoke, Wang Lei put the information on Laosuo and Tiger Fund on the projection screen, including their previous daily activities, behavioral habits, and common short-selling techniques.
These young people even took out their notebooks and started taking notes, for fear of missing key points.
Mie Noyasu is paying more and more attention to Wang Lei. It seems that the new president didn't sleep all night. He collected information about his opponent overnight and predicted the opponent's most likely next move.
As his mortal enemy, Heiji Ueno was also shocked. He didn't expect that Wang Lei was really giving his heart and soul.
If he were in the position of president of the association, he asked himself, he would definitely not be able to do Wang Lei's dedication.
Is this kid really serving the Sakura Empire sincerely?
Ueno is the president of Mitsui Commercial Bank. He asked everyone’s doubts:
"President, why do you think they will short-sell our commercial banks?"
"That's a good question, Ueno-san. Let me ask you a question. Your bank has not been having an easy time in the past year."
Ueno Heiji nodded. In the past few years, their most important business has been real estate loans.
Interest rates have been raised four times in a row this year. With the increase in loan interest rates, people stopped borrowing money and began to save money to borrow money from banks.
And banks certainly cannot do loss-making business. They invest money in the stock market, which indirectly makes the stock market prosperous.
But this does not change the dire situation of commercial banks.
The side effects of the massive mortgage loans in the past few years have begun to be exposed. A large number of real estate speculators have had their capital chains broken, and large-scale supply cuts have occurred. Although banks can take away their houses, someone has to buy them at the bank auction.
These unrecoverable debts naturally become bad debts!
Thinking of the pile of bad debts in the bank, cold sweat broke out from Ueno Heiji's forehead.
Other large consortiums with banking business all showed expressions of realization.
Those short sellers must have determined that commercial banks were suffering serious losses, so they focused on them.
Commercial banks are the private treasury and source of blood supply for major chaebols. If commercial banks collapse one after another, the entire Sakura Island will be in danger.
"Mr. Wang, what do you mean?"
"Everyone should give up the stock prices of other listed companies first, and strive to ensure that their respective commercial banks do not suffer any losses. As long as we survive this wave, victory will definitely belong to us!"
Mie Yeyasu also immediately expressed his attitude:
"Everyone should understand President Wang's words. Our Bank of Japan is with you and will provide financial support to you at critical moments."
Hearing this, the CEOs of all commercial banks were convinced that if the central bank stepped in, the short sellers would definitely suffer a bloody blow!
"We will definitely go all out and never let short sellers take advantage of us!"
Ueno Heiji and other bank presidents issued assurances one after another.
Wang Lei nodded, it looked like that.
After the others left, Mie Noyasu patted Wang Lei heavily on the shoulder:
"Wang Leisang, thank you for everything you have done for the empire. I have approved your loan application, and the interest will be according to your application."
Wang Lei pretended to be grateful and smiled in his heart. He planned to rebuild Akihabara after the bubble.
In a tentative attitude, I applied for a 1000 billion yen loan from the Bank of Japan with an interest rate of 3%. In two years, this number will reach 8%~9%!
It will not return to around 2000% until after 3.
Unexpectedly, Mie Yeyasu actually approved it. This person probably opened the window wide in order to win over him.
Originally, Wang Lei planned to invest in short selling after receiving the loan.
But thinking about it now, Mie Yeyasu might monitor the movement of the money. Of course, he would not be deterred. He planned to let Li Qilin exchange the money into US dollars after he got the money.
Even if Mie Yeyasu asked, he could reply confidently, because at this time, the yen was appreciating, and converting it to U.S. dollars would be a gain in vain, which normal people would do.
And the bears are meeting, too.
Robert said something like "Commercial banks suffer serious losses and bad debts are not disclosed."
Lao Suo and other institutional bosses were all desperate. They each found an opponent and planned to collectively short commercial bank stocks.
They didn't play any conspiracies with Xiaoli, but took out the business investigation report distributed to them by Big Brother and openly shorted it.
Including the public financial reports of these banks over the years and some real data.
Financial reports are full of loopholes in their eyes, and any one of them can make a big fuss.
Proton Fund and Tiger Management have become the main forces in short selling.
After all the funds were secured, their carefully crafted investigative report was released using international media.
The share prices of all major commercial banks have fallen sharply.
The major consortiums that had been well prepared have stepped aside and repurchased their respective bank stocks to drive up the stock prices.
The two parties were going back and forth, and the fight was lively.
It's not that Robert did nothing. In addition to giving moral support to his younger brother, he constantly sold stocks in the stock market and then exchanged them for US dollars while the Japanese yen was high.
Wang Lei also encourages association members from time to time:
"You must hold on tight. These institutions like to play with high leverage. As long as it goes green (rising), they will definitely liquidate their positions!"