Chapter [Chapter] Nikkei Index Fluctuations
【Chapter 44】Nikkei Index Fluctuations
Today is already around ten o'clock in the morning on the 19th, and in a few hours it will be the closing time of the stock market in Osaka, Japan. Zhu Mingyang doesn't have to worry about Xia Mingqi and the four of them at all, but Wang Minghe is really a
As a novice, I have never operated in foreign stock markets, so I am a little worried.
Thinking of this, he immediately called Wang Minghe who was far away in Osaka, Japan: "Mr. Wang, this is Zhu Mingyang. I may have to work hard for you these days. How are you in Osaka?"
"It's been arranged!" Wang Minghe's voice was filled with infinite excitement. It was the first time in his life that he had been reused in this way and became the boss of the company. Although he had not taken up the post yet, he was still very excited in his heart, "Now
I have already converted 50 million into US dollars as we planned before, starting with the long Nikkei Index!"
"I also planned this. Japan's economic development has been very good in recent years. The Nikkei Index is constantly hitting new highs. According to my analysis and judgment, it may break through the 40,000-point mark, but now it has just reached 33,000.
Points look like this, which means we still have a profit margin of 7,000 points, and I am going to adopt a margin system to maximize our trading volume."
The margin mentioned here is a common method in the futures market. It means that you can conduct large transactions with very little capital. For example, you can conduct large transactions with only two million U.S. dollars.
Of course, futures trading of 10,000 US dollars not only has high handling fees, but also carries great risks. If the loss exceeds your principal, the stock market will forcefully close the position, which means that you
All the funds were wasted.
Judging from Wang Minghe's plan alone, it is obvious that he knows how to use the least amount of money to obtain the greatest benefits. Although the idea is correct, he made a fatal mistake, that is, he was too optimistic about Japan's economic development prospects.
Optimistic.
When Zhu Mingyang was a visiting scholar at Harvard in the United States in his previous life, he specialized in studying several major stock market crashes that set back Japan's economy for twenty years. Since the 1980s, Japan's economy has had two extreme performances. In 1986, Japan's
The economic trend is stable, driven by the automobile, electronics, integrated circuit and other industries, and the strength is gradually increasing.
Strong. By the end of the 1980s, Japanese cars had dominated the world. Japanese industries were blossoming in the Western District, Latin America and other places. Basically all countries were succumbing to Japan's strong economic strength. Starting in December 1986
The unusual economic prosperity was called the "Heisei boom", and the Nikkei Index also rose from January 1, 1985
00 continued to rise. During the "Black Monday" Western stock market storm on October 19, 1987, it only showed a short-term decline and then "resurrected", which in turn led to the recovery of global stock markets.
Since then, the stock has been showing a strong upward trend, and it reached 38,915 points on December 19, 19**, which was more than three times higher than the lowest point in 1985. It was also the GDP of Japan that year.
The proportion in the world also increased from 6.4% in 1970 to 13.7% in 1990. Faced with Japan's economic prosperity and the skyrocketing stock market, Japanese citizens were even more fascinated and devoted themselves to the stock market.
How does the United States feel about Japan on the other side of the ocean at this time? In the words of Summers, the U.S. Treasury Secretary during the Clinton era, "An Asian economic zone with Japan as its peak has caused most Americans to
fear, they believe that Japan poses a threat to the United States even more than the Soviet Union."
The famous economist Song Hongbing described this in his book "Currency War": When the whole country of Japan was immersed in the peak of pleasure of "Japan can say no", a strangling war on Japan's finance has already begun in the international banks.
Home deployment is in progress.
In September 1985, international bankers finally began to take action, as the finance ministers of the United States, Britain, Japan, Germany, and France signed the "Plaza Agreement" at the Plaza Hotel in New York, with the purpose of allowing the U.S. dollar to have "controlled control" over other major currencies.
"Devaluation, Japan was forced to agree to the appreciation under the high pressure of U.S. Treasury Secretary Baker. In October 1987, the New York stock market crashed, and Baker put pressure on Japanese Prime Minister Nakasone to continue to lower interest rates.
The Japanese yen interest rate soon fell to 2.5%, and a large amount of cheap capital poured into the stock market and real estate. The annual growth rate of Tokyo's stocks was as high as 40%, and the real estate market even exceeded 90%. At this time, the Tokyo stock market had been in decline for three years.
It rose by 300% within a year. The total real estate value in one area of Tokyo was calculated in US dollars, exceeding the total real estate value in the United States at that time. A huge financial bubble began to take shape.
If there were no external destructive shocks, Japan might be able to gradually achieve a soft landing with gentle austerity. However, what Japan did not expect was an undeclared financial strangulation operation by international bankers. The Americans used a large amount of cash to
To buy, the Japanese think that there is a possibility that the Japanese stock market will plummet. Both parties are betting on the direction of the Nikkei Index. If the index falls, the Americans make money and the Japanese lose money. If the index rises, the situation is exactly the opposite.
At the end of 1989, the Japanese stock market reached its historical peak, with the Nikkei index reaching 38,915 points. A large number of short-selling options finally began to show their power. The rights to the stock index purchased by Galway Company from the Japanese insurance industry were transferred to Denmark.
The Kingdom of Denmark sold it to the purchaser of the warrant, and also promised to pay profits to the owners of the "Nikkei Index Put Warrant" when the Nikkei Index fell.
The warrant was immediately sold in the United States, and a large number of American investment banks followed suit. The Japanese stock market could no longer hold its strength, and the unstoppable plunge hit people like an unexpected storm. The Japanese dream of becoming rich overnight became a reality.
into the abyss of nightmares, panic shrouding the hearts of investors, and has been
It fell as low as 7607 points in April 2003, with the cumulative decline reaching as high as 63.24%, creating the largest decline in the history of the Japanese stock market. Real estate prices have fallen for 14 consecutive years, and the entire country's wealth has shrunk by nearly 50%.
Zhu Mingyang has memories of his past life, so he naturally knows that the Nikkei Index will rise to 38,915 points before it plummets. However, Wang Minghe can only rely on his own analysis and judgment to conclude that the Nikkei Index will rise to 4 points.
Ten thousand points, although it is more than a thousand points, it is not relevant.
"Mr. Wang, we can't be too optimistic about Japan's economy. The eighth line of Boshen's law is currently forming. According to the trading formula of seven or eight as a cycle, I think that by the time of 38,000 points, the bulls should
We are determined to leave the market. At present, we are only doing a short-term operation. We must not be too greedy. We should treat this operation as a run-in and training for the company. As long as we have a good team, there will be many opportunities to make money in the future."
Wang Minghe was even more surprised when he heard that Zhu Mingyang actually mentioned Boshen's Law. How did a fourteen-year-old boy, who had not received any professional securities knowledge training and had never done futures, know?
Although Wang Minghe repeatedly asked Zhu Mingyang how he came to this conclusion, Zhu Mingyang could not tell him the truth. He could only explain it by combining it with some negative news he heard about the Japanese stock market.
Although Wang Minghe still has many questions, the boss has spoken, and he still must resolutely implement it. This is also an ironclad rule that a senior worker in an investment company must abide by. If he does not obey the boss's orders, he will suffer consequences if he makes an operational mistake.
If he loses money, he will definitely be fired, and no financial institution will hire him again. Then Wang Minghe's life will be over.
…
Zhu Mingyang didn't want to feel too depressed because of the shock in the Western stock market, so he took Long Mingyun and Tang Yunshan and drove around Hong Kong, living a leisurely life...
But the leisurely days were not yet full of fun. It was already October 25th, and he was no longer so relaxed. Not only had he just returned to the villa, he saw Xia Mingqi sitting on the sofa in the living room of the villa, with an ecstatic look on his face.
, he then knew that the summary data of the stock market of Sanwai had come over.
This time he was based in Hong Kong. Although he did not personally participate in the operation, he was still concerned about it. Of course, as for the gains made in the stock market this time, he had already thought about what to invest in Hong Kong.
Hong Kong, one of the "Four Little Dragons", will definitely not give up. The next step is to start building its own global economic empire. The prerequisite is to first establish a foothold in the country.
Yesterday, after all the stocks were cashed out on the streets, the data from London, New York, and Tokyo were received as soon as possible. Xia Mingqi also began to summarize the data as soon as possible. It took three hours to finally get the final result.
Chapter completed!