.Chapter 87

After dealing with the two things in hand, Zhang Yan drove directly to Jinzhou and met with Lin Qiaoyin, a Japanese translator waiting there, and checked in together. He flew directly to Japan, the country of Sakura. This time, Zhang Yan's purpose was very simple. He was waiting for the Japanese stock market. When the Nikkei Index showed a reversal point, he shorted the Nikkei 225 index.

In order to enter the Japanese futures market, Zhang Yan took a curved path and became a customer of Morgan Stanley Morgan Stanley. The counterpart in charge was Da Uncle. Because he was familiar with Chinese futures, his uncle has become a specialist of Morgan Stanley Morgan Stanley in Asia. Zhang Yan asked his uncle to do futures. As the saying goes, no matter how fat people are, they don’t flow to outsiders.

Although the Japanese stock market fell sharply at this time, it temporarily stabilized after a series of economic measures, and economic experts began to promote the bottoming out of the bubble. However, the Japanese private consumer index announced that the consumption index began to decline for three consecutive months. If this is true, then the Japanese economy is in a recession period, and the collapse of the real estate market is inevitable! The stock market closely linked to the real estate market will also become a victim of the collapse of the real estate market. This is what Zhang Yan needs to observe.

Zhang Yan got off the plane at Tokyo Airport and found a hotel to stay in. Unfortunately, due to the economic downturn, the guest rooms were full and there was only one room left. No more. The hotel manager did not understand Zhang Yan's deep eyes as deep as the sea, and generously quoted a discount price, with 40% off for two single rooms.

After taking the electronic door card from the hotel owner, Zhang Yan despised him: You can't think about the guests. The hotel that provides the best and most considerate service will sooner or later be eliminated. He handed another door card to Lin Qiaoyin: "Sister Qiaoyin, this is your door card."

Lin Qiaoyin took the door card and hesitated for a moment. She asked, "Mr. Zhang, what are we going to do next?"

"Put things down, then go to Ginza." Zhang Yan's words made Lin Qiaoyin's heart beat, and then lowered her head and entered the elevator.

Ginza is 1,100 meters long and 700 meters wide. It is the commercial center of Tokyo and is known as the "heart of Tokyo". In this not-so-wide area, it brings together 4 large department stores, 500 professional stores, more than 20 hotels, more than 1,600 bars, dance halls, nightclubs, 30 theaters, and more than 100 galleries.

When Zhang Yan came to Ginza, it was already past nine o'clock in the evening. The signs and advertisements on the whole street were dazzling. At night, the colorful neon lights made people feel like they had entered a colorful world. Zhang Yan nodded and said loudly to Lin Qiaoyin: "Let's go to the department store for a walk."

After walking around Ginza, Zhang Yan finally chose a silver necklace at a price of 20% off. Zhang Yan believes that if he is bargaining, he can cut it down. However, Zhang Yan is not the purpose of this. In the conversation, Zhang Yan talks more about the land rent and land prices in Ginza, as well as the rise in land in the past decade. Compared with those experts, Zhang Yan believes more about these ordinary Japanese people. The information he received is similar to what Zhang Yan expected. The land price in Ginza in Japan only slowly rose in the early 1980s. However, after 1985, its growth rate has reached an unsettling level. The land price rose to a peak in 1990. Although the current land price has not increased significantly, it is still shocking because of the huge base before. 36 million yen per square meter is equivalent to about 240,000 US dollars per square meter. In other words, Zhang Yan is 300 million US dollars, and you can buy the first floor of the department store where he is located...

Although such a expensive house price is quite considerable, reaching 400 US dollars per square meter, if you always maintain this rent, it will take about 600 months, which means 50 years to make a profit. This is no longer a bubble, it is a sea of ​​bubbles composed of hollow bubbles. Behind the prosperity is a huge crisis.

Based on the situation seen in department stores, Zhang Yan's feelings about the Japanese economy are deeper: "It seems that the Japanese economy is indeed no longer good. Once the people's consumer confidence is hit and they are unwilling to pay money for this luxury goods, the real estate market will collapse and the economic situation in this society will deteriorate accordingly. This is not caused by the people not buying buildings, but the inevitable result that occurs when a social and economic situation makes the public unable to afford the property."

The next day, Zhang Yan began to sell Lin Sheng Precision's stock in batches. Compared with three months ago, the stock price of Lin Sheng Precision's site rose by 30%. Several successful investments made the market very optimistic about Lin Sheng Precision's expectations. Therefore, when the market rose by only 10% or 5%, Lin Sheng Precision's stock performance exceeded a lot. When Zhang Yan threw orders, the market calmly digested Zhang Yan's orders, and Lin Sheng Precision's stock price did not even have any impact.

By the end of May and early June, the Japanese Nikkei finally rose to 23,000 points at 225 points, and Zhang Yan finally waited for this reversal point. Zhang Yan once vaguely remembered that the Nikkei index collapsed in 1991 after reaching 23,000 points. Only when taking action at this time can it be foolproof.

Zhang Yan put out half a short position without hesitation and shorted the Nikkei 225 index, as if he had cooperated with him. Less than an hour after Zhang Yan put out the short position, a huge number of short positions came from Singapore, directly suppressing the Nikkei index and lowering the Nikkei index that day by 100 points. Zhang Yan was relieved at this time. The American devils recovered and came over again, but his bet was blocked.

Zhang Yan always believed that during the Japanese stock market plummeted in 1990, the active futures trading of large American securities companies played a role in fueling the fire. If the Japanese stock market in 1989 was taken into account, the role of large American securities companies could even be said to be the culprit that caused the collapse of the Japanese stock market.

When such a big tiger as the Futures Index is released from the cage, those securities firms with vision have seen their own opportunities. In the trading of stock futures and spot, one-tenth of the amount can sometimes even control the trend of the entire stock.

The fuse that triggered the United States' Black Monday was actually this kind of futures index trading. After that terrible US stock market disaster, large American securities companies began to consciously control the use of this financial technique. Of course, this control is only aimed at the United States and does not include any country outside the United States.

On the other hand, after Black Monday, the United States stepped up domestic futures controls, while on the other hand, the United States required Japan's Nikkei 225 futures. The Japanese stock market, which had never been introduced, had no management regulations for prohibiting difference trading. What Zhang Yan values ​​is this characteristic of the Japanese stock market.

Generally speaking, in futures and spot, the first thing is that futures with variable prices is short-selling and short-selling places are traded. When the futures fall too much, the spot price will be bullish, and the spot will be popular again. Futures are bullish, and then the spot balance was completed in a moderate way.

But now, this kind of transaction is traded through stock index futures, and this kind of transaction has the conditions to become the fuse for the sharp decline of the Nikkei average index and the stock market plummeting. In the next two months, the Nikkei index was like a terminally ill old man, and it was steadily and inevitably going downhill, falling from 23,000 points to 17,000 points. Zhang Yan firmly shorted in the past two months, and had tripled the profits on the books to reach a terrible figure of 2.4 billion US dollars. Considering that the Nikkei 225 index has dropped too much and it is difficult to make profits in the short term, Zhang Yan decisively cashed out and appeared.

After earning a lot of profits, Zhang Yan felt uneasy. It doesn’t matter if Japan collapsed this time. But if American securities companies take the same action in the Chinese stock market, what consequences will it have in China? Under the dual Wall Street standards, can China’s financial community resist it?

Zhang Yan did not believe in the so-called strategic partnership of the United States at all. After all, there are only interests between countries, and nothing else. How is Japan? It was a friendly partner of the United States during the Cold War, but when international politics changed dramatically from the late 1980s to the 1990s - after the end of the Cold War, the performance of the Americans was very telling.

In Japan-US relations, the former Soviet Union, a sinful empire, was no longer the common enemy of the two countries. In the face of this change, Japan's understanding also underwent qualitative changes. A look at the measures taken by the United States later showed that at the peak of Japan's bubble economy, the United States' economic strategy against Japan had obvious changes that surpassed the trade faction and capital market faction. And this strategic competition has not yet failed.

Zhang Yan knew that it would take a few years. When the clock reached October 1997, the festive atmosphere of Hong Kong celebrating its return had not yet dissipated, and the Asian financial crisis was overwhelming. The international financial "big tycoon" led by the US hedge funds attacked Hong Kong. The Hang Seng Index cut more than half in four days, and the stock market was on the verge of "collapse"! The four pillar industries of finance, real estate, trade and tourism all plummeted! The overall economy even showed negative growth that had not been seen in many years!
Chapter completed!