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Chapter 1001 Financial Magic(1/2)

Banhe Industrial, which holds the largest position in Ning Weimin's hands, recently released its annual performance report.

This company has made a perfect turn by relying on the speculative profit-making behavior of participating in exchange rate speculation after the "Plaza Agreement", and has essentially become a financial speculation company cloaked in steel manufacturing.

Therefore, in the steel industry, which has been hit hard by performance due to the appreciation of the yen and the obstruction of foreign trade, contrary to everyone's expectations, Sakawa Kogyo has become the outstanding performance king, arrogantly surpassing all its steel manufacturing peers.

Its counterattack net profit increase almost blinded all investors.

At the same time, it has gained popularity in the market because of the surge in profits by hundreds of times year-on-year.

The market value, which was originally valued at more than 50 billion yen by the public, quickly turned around and soared to 111 billion yen.

In this way, Banwa Kogyo, which had been abandoned by investors earlier, suddenly became the darling of the market. The investment opinions given by all securities companies were "buy", "recommend" and "strongly optimistic".

Of course, since Ning Weimin has financing leverage in both real estate investment and stock investment, the amount of investment income that actually belongs to him is not as much as shown on the books.

But the good thing is that Ning Weimin originally borrowed francs from Credit Suisse Bank.

Don't forget that France also participated in the "Plaza Accord" and is indeed following the agreement by selling US dollars.

However, the French franc has already entered a period of economic recession due to internal problems caused by the French system, which has caused their sovereign currency to encounter a major crisis.

The French franc is no longer weak, but has been ruthlessly abandoned by the market year after year. The entire 1980s can be summed up in four words: "three consecutive plummets".

To put it bluntly, the more critical this thing is, the more it will leak out.

And the speed is actually faster than the U.S. dollar, which actively chooses to depreciate, and even exceeds the RMB. I can't hold it back even if I try.

When Ning Weimin first arrived in Tokyo, the international market was still 4.3 French francs per US dollar.

Today it is 6.9 French francs per dollar.

This is equivalent to the French franc depreciating two and a half times against the Japanese yen in half a year.

As a result, Ning Weimin's original real estate debts were greatly reduced.

His loan of 7 million francs, which was originally worth 400 million yen, now needs to be repaid in Japanese yen, so he can only repay 150 million yen.

Even if you add a full year's interest, it's only 160 million yen.

As for Ning Weimin's financing leverage on stocks, which is almost 460 million yen, it is margin financing provided by Nomura Securities and cannot be discounted.

So in a comprehensive calculation, remove these borrowing costs and interest.

His personal stocks and real estate combined have made a profit of almost 5.2 billion yen.

Considering that he only started his business with 600 million yen when he first arrived in Tokyo six months ago, the speed of this snowball is probably the fastest in the world.

It can be said that he performed financial magic to a miraculous degree!

Don't mention anything else, just think about what he was worth before the Spring Festival.

At that time, his assets in Japan had to be converted into RMB at the black market price, so they were only worth a small target.

Then I took a short trip back to my country, and when I came back, I didn’t even put any effort into it, and I actually completed the second small goal.

Where in the world can you earn money more easily than this?

This is two hundred million yuan!

According to the international gold price at this time, even if it were converted into gold, it would cost nearly two tons.

He can't pick up gold nuggets so quickly in the daily gold mine.

But Ning Weimin didn't get excited for long.

When he converted his profits into US dollars, he quickly stopped smiling and woke up from his narcissism.

You know, 15 billion yen is equivalent to 100 million U.S. dollars, and his 5 billion yen is only equivalent to 33 million U.S. dollars.

If you look at it this way, he is actually still far away from being a real billionaire.

At this time, he thought, the US dollar hegemony will continue to dominate the world for several decades, so what's the use of just earning a few hundred million yuan?

If you want to fish in troubled waters in the international market, you need to master some hard currency.

The speculative opportunity in front of us is a once-in-a-lifetime opportunity. Not only can we make money, but it can also make the little devil fall even harder.

Then he has no choice but to help his enemy blow this big snot bubble?

To put it bluntly, a person must have pursuits and look at the world!

It's far from the time when he can lie down in peace, so how can he be content with being a little rich?

Yes! Financial magic has to continue to change!

The position is full! The position must be full! The leverage must be sufficient!

A bag of sand! A house of gold! Mima coax...

Because of this, Ning Weimin didn't dare to waste any time and hurried to Dadao Trading Company.

Why?

Just because this company is his cash cow.

In the first few days, he paid taxes for Dadao Trading Company. He had just finished settling the accounts with the tax accountant and signed the signatures. He came here just to get the remaining money.

So after going there and sending the souvenir from Hua Xia, Ning Weimin didn't care about anything else and immediately called several financial staff to the office.

Just ask directly how much accounts receivable there are and the funds that can be mobilized on the account.

And here we must exaggerate the advantages of little Japan.

He really did things according to the rules, strictly and strictly, and he had a very good sense of time.

The only advantage of doing business with them is that you will pay them when you tell them, and there will be no delay.

Unlike in China, where you just drag yourself when you need to, what you pay attention to is that you have nothing to lose.

Especially now, the domestic market environment is becoming increasingly difficult, and many large domestic companies have begun to owe triangular debt.

In short, Ning Weimin was overjoyed to learn more about Dadao Trading Company's financial situation.

It turns out that in the two months or sixty days since he left, the trading company sold more than 13,000 trolley cases from several Yamato Kanko branches.

The total account balance is 1.12298 million yen.

Not counting the sales alone, more than NT$970 million has been recovered from Yamato Tourism.

The rest will be available on the settlement date of the next month.

Of course, even though the tax of up to 200 million yen was paid in the first few days, Yamato Sightseeing's sales commission was also deducted by itself.

The actual company account only has 760 million yen.

Moreover, Ning Weimin did not pay the money to the capital in time.

If we also take into account the expenses related to payment of goods and company operations, the net profit that can actually fall into the hands of Daito Trading Co., Ltd. is only about 300 million yen.

However, the good thing is that Ning Weimin can misappropriate the money in his account.

For the payment for the goods in Beijing, Pierre Cardin can help advance the payment to the factory, at least for one period.

Dadao Trading Company is essentially an agency company and does not require much money for daily operations.

As long as one or two million yen is left in the account, there will be income every month.

So Ning Weimin simply took the company's tax payment certificate and product information, and rushed to the next stop with confidence, the Tokyo branch of Credit Suisse Bank of China.

Ning Weimin went directly to the account manager of this branch who had originally applied for a mortgage loan for him, and formally proposed to modify the existing loan contract and increase the loan.

He had a huge appetite, so he first measured the value of his real estate.

It is planned to ask the French bank to provide itself with an additional loan of 100 million French francs equivalent to 2 billion yen based on the current market price of about 80%.

At the same time, he also estimated the income and expenditure of Dadao Trading Company and hoped that Caili Su Yinshi could provide his Dadao Trading Company with a loan of 200 million French francs equivalent to 4 billion yen.

The total loan amount was 300 million francs.

After the account manager heard about it, he was immediately stunned by the astronomical figure.

This guy's power is only to approve loans worth tens of millions of francs, but he doesn't dare to make the final decision on such a matter.

He quickly and respectfully invited Ning Weimin to see his boss.

So in the president's office, Ning Weimin held talks with the three top decision-makers of Credit Suisse Bank's Tokyo Branch.

Needless to say, these French people learned about the relevant situation and actually figured out how Ning Weimin made his fortune.

And it is clear that this guy is not greedy enough and wants to further take advantage of exchange rate changes and increase investment leverage through loans to make profits.

But Ning Weimin was playing an upright conspiracy, and they couldn't do anything about it.

Apart from sincere admiration and jealousy, there is nothing to think about.

Who makes their country fail to live up to their expectations? The sovereign currency has been falling for many years, which is the law of the growth period.

Even joining the Plaza Accord failed to stop the franc from plummeting.

No wonder others are riding on their necks, with sharp eyesight and quick hands.

What's more, Ning Weimin is such a high-quality customer.

The real estate properties in my hands are all core real estate in Tokyo, and they are all put to use, and the market prices are still rising.
To be continued...
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