The Kyoto Bubble Era: Starting from the Sale of Hundreds of Millions of Properties

Chapter 206 Explosion Xu Yongzhong! (This plot will not be disassembled, happy National Day!)
"Kitahara Sosuke, a real strong man doesn't just have lip service." Ito Mansaburo took a deep look at him, "I hope you can continue to smile like this after the Gulf War."

"I hope you can still be so calm after the Gulf War." Kitahara Sosuke chuckled, and sat down with Naganozawa.

Originally, according to the regulations of Moonlight Village, full members and admitted members should sit in high positions, while others should sit in low positions.

But this time, they didn't arrange an exclusive seat for Kitahara Sosuke, and Kitahara Sosuke didn't mind, so he and Nagano Zezheng squeezed together and sat below.

Sitting at the top and speaking was Kurosawa Hiroshi in a black suit. He is also a full member of Moonlight Village and currently serves as the head office president of the Industrial Bank of Japan.

Nikko is one of the only three long-term credit banks in Japan. The long-term credit bank is a special type of bank that emerged after the war. They were formed by the merger of many banks and financial institutions that were on the verge of bankruptcy. Loans, the other two are the Long-Term Credit Bank of Japan (Changyin Bank) and the Japan Bond Credit Bank (Japan Bond Bank).

All three banks died in the Great Depression after the bursting of the bubble economy. Nikko was reorganized into Fuji Bank, Changyin and Nippon Bank went bankrupt and were nationalized, and then the government sold them to private investment institutions, and finally became Shinsei Bank and Aozora Bank!

This is the key point, the exam will be tested in the future!
The Long-Term Credit Bank is more inclined to the Ministry of Finance and the government because of its complexity and positioning, which is different from those metropolitan banks that are occupied by consortiums.

Because of this, their status is far inferior to super banks such as Dongsan, and they do not conduct national business, so they are not well-known and supported by the public.

In terms of status, Hiroshi Kurosawa is as tall as Takashi Shirakawa, president of Tosan, and Ichiro Kamita, president of Sumitomo Bank, but in fact, his influence in the circle is higher than that of Mansaburo Ito.

This is also the reason why he desperately wanted to leave Nikko and join the political arena.

Let a former president enter another big bank as an executive, or even a lower-level ordinary director. He can't stand that kind of change in status, but he is unwilling to waste time in Nikko. Then the only way out is to enter politics and go to the Bank of Japan. , the Ministry of Finance, or the path of members of Congress.

Hiroshi Kurosawa talked eloquently, with a relaxed tone: "There are two main purposes for calling everyone here this time. First, to discuss the situation in the Gulf War and oil prices; second, we must find a way to stabilize the financial circle in Osaka."

These two problems are actually one.

That is, five days after the start of the war, what is going on with the falling oil prices!

From the closing price of 38.6 meters per barrel on the first day of the war to today's 36.5 meters per barrel, oil prices have dropped by 2.1 meters per barrel!

Whether this drop is big or small, it is still much higher than the oil price when many people entered the market at the end of July or in the middle of July. As long as they are long-term and the leverage is not large, it is still blood earned.

"Everyone, in July, I followed Mr. Takeshita to enter the oil futures market. At that time, the oil price was 26.5 meters gold per barrel. The current price is 36.5 meters gold per barrel, which is a full increase of 10 meters gold per barrel! Our leverage Not high, only 3 times, but our entry funds are very large.”

The excitement on Kurosawa Hiroshi’s face was indescribable. With 10 meters of gold per barrel, including leverage, the profit was astonishingly large, more than doubling the principal!

Therefore, the oil price is still falling, but he does not panic at all. With 3 times the leverage, the position must fall by more than 33% to be liquidated. Let them blow up!

Just kidding, during the Gulf War, the price of oil fell by more than 10 meters per barrel that day?

Novels dare not write like this!

When Hiroshi Kurosawa said this, all the people below showed envious expressions. If they have sufficient capital costs, they don’t need to increase leverage to fight for their lives. They can make a lot of money by playing with 3-5 times leverage up.

In the sharp drop a few days ago, those investors with [-] times leverage had already met on the rooftop, which also made more new investors who came later became vigilant, and would rather increase the amount of funds than easily increase leverage.

"I know that what everyone is worried about is the continued decline in oil prices. Today's opening price is 36.8 meters gold per barrel, and it just fell to 36.5 meters gold per barrel. Looking at the momentum, it may continue to fall, but it doesn't matter. Double leverage is still very safe." Kurosawa glanced at them, and analyzed with a smile, "With 10 times leverage, according to the opening price, the position will only be liquidated if it falls by more than 10 meters of gold per barrel on the day, which means that the closing price of oil will be higher. Under 3.68 meters gold per barrel, this is absolutely impossible!"

Everyone nodded in agreement with this point of view.

Even if it has been falling, five days have passed, and the oil price has only dropped by 2.1 meters per barrel. It is simply impossible to drop more than 3.68 meters per barrel in one day.

"I very much agree with President Hiroshi Kurosawa's point of view. I am a rough person, and I don't know much about these futures and leverage. This time, I participated in an oil war with the help of His Excellency Takeshita." Xu Yongzhong laughed. Suddenly interrupted Hiroshi Kurosawa, "Although I don't understand this, I also understand that buying more is blood profit. With the support of His Excellency Takeshita, Oyodo Construction invested a total of 160 billion yen in crude oil futures this time, using 10 times leverage. Hehe, I invested earlier, and the profit is indeed considerable."

"Compared to some people who think about shorting to make money, they should have made a lot more." He said and looked at Kitahara Sosuke, his eyes were full of pride.

Xu Yongzhong came from a poor background, if it wasn’t for the loyal dog raised by the Takeshita family, he would not be qualified to sit here and have an interview with a group of financial and business tycoons. He also understands this and clearly recognizes that these people treat him kindly , In fact, I look down on myself completely!

Xu Yongzhong's wealth and status did not match his character, and his distorted inferiority complex made him frenzied in doing things and didn't know how to restrain himself.

Kurosawa knew that he was using his words to satirize Kitahara Sosuke, even though he flattered him in the first sentence, the feeling of being interrupted was very uncomfortable.

If it wasn't for Takeshita Deng's face, he would have told Xu Yongzhong to get the hell out.

"Ahem, President Xu is right." Hiroshi Kurosawa grabbed the conversation again, "10 times leverage is very safe, and I also received a call from His Excellency Noboru Takeshita this morning."

Everyone immediately pricked up their ears to listen.

That's the key.

"Your Excellency said that there is no need to worry about oil prices. The decline in the past few days is to wipe out those free long investors. Only by sweeping them out can we obtain the greatest benefits. Regarding the rise and fall of oil prices, the United States has already taken the lead. , The Soviet Union has no power to parry at all, and the victory of our allies is just around the corner!" Hiroshi Kurosawa lowered his voice, but his tone was uncontrollable excitement.

American Papa takes the lead!

Couldn't these sons of theirs be touched?
"So that's the case, as expected of His Excellency Takeshita, then we can rest assured."

"Yeah, I said that the decline is not in line with common sense."

"That's right, since the Soviet Union has no way to control the rise and fall of oil prices, isn't it up to us to decide the subsequent rise and fall?"

Everyone breathed a sigh of relief. With such a guarantee, what are you worried about?

Ito Mansaburo's gloomy face also relaxed, and he turned to look at Kitahara Sosuke, who was sitting there with a natural expression.

Hmph, still pretending to be calm.

He sneered, thinking about the follow-up income, the Ito Wan family invested 6000 billion yen this time, with 5 times leverage.

Only a 20% drop will liquidate the position.

I just don't know how much leverage Kitahara Sosuke used. It would be more comfortable to see him out early than to earn more.

Ito Mansaburo thought so.

Kitahara Sosuke was trying to remember the situation when the oil price plummeted all the way. He only remembered that it fell to 16.6 meters gold per barrel on the day of surrender. As for the percentage of the decline in the middle, he couldn't remember.

But 10 times leverage should be quite stable.

After all, in 46 days, it fell from 38.6 meters of gold per barrel to 16.6 meters of gold per barrel, an average of no more than 0.5 meters of gold per barrel per day.

Now it has fallen by 2.1 in five days, which is almost at this speed.

After the atmosphere became cheerful, Hiroshi Kurosawa and them began to talk about the large amount of high-tech weapons and equipment invested by the Mi Army this time. Like the military experts on TV, they all thought that this thing was of little use.

"Cangsuke, by the way, how much leverage did you use? 13.3 billion meters of gold, 1600 billion yen, three or four times leverage is also quite dangerous." Nagano Zezheng asked with concern. Loss is two concepts.

I hope Kitahara Sosuke doesn't have too much leverage, and it will be over if you lose a loss. Don't liquidate your position, everything is easy to talk about.

Kitahara Sosuke blinked at him, and there were also sights from around him.

"Not too much, not too much, 20 times leverage."

"Ah, 20 times, I thought it was .20 times leverage!!!" Nagano Zezheng almost lost his temper.

The people around were also shocked, and then couldn't help laughing out loud.

5% shock will be out of the 20 times leverage!
Is there really nothing wrong with this young man's mind? !
Mansaburo Ito, who looked at him, couldn't stop laughing wildly in his heart. He wished he could take out his mobile phone and call the financial newspapers and TV stations under his banner now, so that they could publicize how crazy and smart the financial idol launched by Xia Dongsan is.

20 times leverage, 13.3 billion meters of gold, short crude oil futures!

This must be the most iconic financial scandal of 1990!

A group of people laughed and laughed, and during the period, Ogami also brought a few girls in kimonos to add to the fun. When passing by Kitahara Sosuke, she smiled and nodded, but she was obviously not as attentive as before.

She is a very snobbish, but also a little clever middle-aged rural woman, this is her advantage, and it is also the reason for her collapse.

Kurosawa Hiroshi was toasted at the end of the tail, looking at the old man and old lady who were tired of being together, Kitahara Sosuke shuddered, it turned out that he had become a concubine, no wonder.

Don't blame them either.

One is the general manager of Nikko, and the other is the investment queen of Osaka. The former has the latter as his mistress, and his face is also very bright.

After eating and drinking for a while, Kitahara Sosuke, who is a marginal man, was so happy that no one came to harass him. These big guys are so happy today, and he is also relieved.

Closing near 3 o'clock.

Everyone picked up their mobile phones and dialed the number to inquire about the latest oil price, waiting for the real-time report from their subordinates.

Only Kitahara Sosuke was too lazy to find someone to confirm.

Not far away, Xu Yongzhong and Hiroshi Kurosawa finished talking and laughing, and walked over with a wine glass.

"Kosuke Kitahara, 20 times leverage, I really want to learn this game." Xu Yongzhong's smile was full of disgusting taste, "Learn how you lost 13.3 billion, and next time I will do it. By yourself, you can avoid this kind of stupid loss."

"Really? Do you really want to learn?" Kitahara Sosuke picked up his glass and pointed at him, "Apprenticeship requires a sense of ritual. President Xu really wants to learn. Pour me a glass of wine."

This kid is still going strong!
A sneer flashed across Xu Yongzhong's face, and he really picked up the sake bottle beside him.

"I'm afraid that if I pour you wine, you won't have the guts to drink it."

"Zi Liu Liu—"

The little wine glass gradually filled up.

Xu Yongzhong watched the sake pouring down, but there was a burst of ridicule and sneer in his heart.

Think of it as giving him a glass of Guillotine!
After the wine was poured, Xu Yongzhong looked around in surprise, why it was so quiet suddenly.

He turned his head to look at Hiroshi Kurosawa first, the man who was smiling at the phone just now had no smile on his face.

The expressions of many people also froze.

what happened?

"Is there a new oil price?" Xu Yongzhong raised his left hand and glanced at his watch, "It's 3:05, what's the final closing price?"

"."

"The closing price is 33.0 meters gold per barrel." Ito Mansaburo looked at Xu Yongzhong who was still holding a sake bottle, and didn't know whether to gloat or sigh.

"33.0 meters gold per barrel?! How much is that drop???" Xu Yongzhong made a strong hand, and the sound of rubbing against the sake bottle was particularly ear-piercing in the silent private room.

"10.32%, not much, just happened to blow up the position of a person with 10 times leverage." Kitahara Sosuke raised his glass, and then showed a very surprised expression, "President Xu, why do you have such a bad face? You don't know Is it 10 times leverage? You said it just now, you see my memory is too bad, sorry, you must not be 10 times leverage, how could someone be stupid enough to do long with 10 times leverage, you said yes Bar."

Kitahara Sosuke got up slowly, gradually suppressed the smile on his face, then drank the sake in his hand, then stretched out his left hand and gently patted Xu Yongzhong's cheek,

His expression gradually became stern and awe-inspiring.

It's like a violent wolf staring at its prey!
"160 billion yen for a glass of sake, the taste is not bad, pour me the wine earlier, I would like to teach you how not to lose 160 billion all at once."

"Bei, Yuan, Cang, Jie!"

Xu Yongzhong's teeth were almost gnawed, and when that hand slapped his face, the strength was so weak, but it was more humiliating than a slap in the face!

But what can he do? !

Throwing a fist here?
If he did, he would never see the sun tomorrow!
What frightened him even more was that he didn't really only invest 160 billion. In it, there were money from several young masters of the Takeshita family!

"Who will be the fate of Inouehiko, President Xu, I hope you really only have 160 billion, and not meddling with the interests of the Takeshita family." Kitahara Sosuke sneered, picked up the cigarette case on the table, and pulled out a cigarette case. root.

Lighting up a cigarette, he left gracefully without looking at anyone who was frozen in the private room!
(End of this chapter)