Siheyuan starts from a better life

Chapter 1045 Meeting

"Your speculation is correct. To tell you the truth, my speculation is that the real estate industry will also go bankrupt by the end of October, but the stock market will follow..." After a pause, Jiang Yan continued, "To tell you the truth today, I bought real estate not to make money, but for funds."

After these words came out, they all came to their senses. Ever since Jiang Yan raised the price to buy the land, they felt something was wrong, but they didn't dare to ask. In the last update, the purchased land was sold, but when it was sold, the full amount was collected, which made them even more confused.

“It turned out to be a way to raise funds.”

As for why they needed those funds, they were not stupid. Combining with what Jiang Yan had just said, they understood everything. The funds were raised for the stock market. They also knew the profits in the stock market. Since they had figured it out, they didn't say much and nodded at the same time.

It was impossible to sell so much land at once, so Jiang Yan had to take action a month in advance.

"One month is no problem, but..." This time it was Zhang Weichen who spoke, but he stopped halfway through his words.

"Just say what you want to say. Don't be polite." Jiang Yan waved his hand and motioned for him to continue.

"Here's what I think. If we only sell and don't buy during this month, it seems like something is wrong! If other companies find out, they will think that there is a problem with our capital chain. In order to buy our land at a low price, they may even unite to make a group. Then these will be difficult to sell." Zhang Weichen stopped here and looked at Jiang Yan. He believed that Jiang Yan knew what the result would be.

"Yeah! This is indeed a problem."

"Is there any solution?" Jiang Yan asked immediately.

"We can use the land as collateral to the bank." Zhang Xuefeng suddenly said.

"Mortgage. We have to use the land as collateral, and we can only get back 80% of the funds."

Their bank at Jiaobenji is not a charity organization. According to what Jiang Yan knows, they usually only give out 80% of the market value of the corresponding items. If there are no connections, it will be even lower.

"Mr. Jiang, as far as I know, there are many private banks in Jiaobenji. According to incomplete statistics, there are more than a dozen large private banks in Tokyo alone. These banks sometimes compete with each other. What I mean is that we don't have to go to one bank for mortgage. We can go to several banks and pay a little commission. I estimate that the mortgage will be higher than the one sold at one time."

"Can the mortgaged land funds be settled in US dollars?" Jiang Yan immediately said.

Thinking of this, Jiang Yan suddenly remembered something. Since 1985, during the significant appreciation of the yen, the exchange rate policies of the United States and Japan were the most important factors leading to the appreciation of the yen. Conventional factors such as purchasing power parity and interest rates also played a certain role. Since the United States is at the center of the international monetary system, the two countries with the largest economies in the world, the United States and Japan, have a close interdependence, and the chicken feet basin relies more on the eagle sauce, which makes the US monetary policy have a greater impact on the yen exchange rate.

Moreover, in April 1995, 4 USD = 1 JPY, setting a record for the highest exchange rate of JPY against USD. Starting from mid-79, the exchange rate of JPY turned from rising to falling, and in June 1995, it fell to 1998 USD = 6 JPY. If you sign a ten-year repayment agreement, you can make a lot of money just from the exchange rate. Now it is 1, and 145 USD is basically exchanged for 90 JPY. This deal can be done.

"It should be possible, but the repayment pressure will be a little greater." Zhang Xuefeng thought for a while and spoke.

"You can talk about it based on a ten-year period, but it has to be at least around 95. A higher period is no problem."

"Okay, Mr. Jiang, I understand. In the next month, we will approach all banks to negotiate for land mortgages."

"Also, Liuzi, go talk to the bank we are close to and see if we can get a loan in the name of our company and Kudo Corporation." Jiang Yan continued. "I understand, boss. Do you want to tell my sister-in-law?" Zhang Tengfei said.

"I'll tell her later." Jiang Yan waved his hand nonchalantly.

Starting from the sale or mortgage of the first batch of land in August, funds began to flow in. The first batch of land sales received 20 billion US dollars in funds, 10 billion was allocated to them, and they were asked to invest in the stock market with ten times leverage as planned. The remaining 10 billion was still controlled by Jiang Yan, and was also invested in the stock market.

Until the beginning of September, Dapeng Real Estate Company under Jiang Yan's name basically mortgaged all the land that could be mortgaged and sold all the land that could be sold. According to Jiang Yan's statistics, the total amount of funds received was more than 120 billion US dollars, that is, including the funds borrowed from the bank, the total funds were more than 140 billion. The number that Jiang Yan wanted in his mind was no less than 150 billion, but now he has not even reached his bottom line.

As for the funding figure that was set in mind, it was no secret, so they all knew it.

Jiang Yan and Zhang Tengfei were not surprised by this figure, but 150 billion US dollars was not a small sum for Lao Zhang and Lao Liu. If it was 150 billion Japanese yen, he could still accept it, but now it was in US dollars, not Japanese yen.

"Okay, isn't it just this amount of money? It's just numbers on the account." Seeing their expressions, Jiang Yan spoke.

Liu Xuefeng and Zhang Weichen rolled their eyes at Jiang Yan in their hearts. It was just this little amount of money. This was a full 140 billion US dollars. In Hong Kong, some families that claimed to have assets of hundreds of billions did not have so much in their entire liquid funds.

"Okay, okay, let's get down to business. You've seen the situation at Foot Basin Chicken. In my opinion, their prosperity is a false prosperity, especially real estate. According to my speculation and the intelligence I've collected recently, the Quantum Fund, led by Eagle Sauce, is preparing to take action against Foot Basin Chicken. The first thing they will do is to take action against real estate. As long as real estate collapses, it will cause a chain reaction, just like the Domino's Toothpaste. The most direct one is the stock market. This time we're going to copy the decline."

"Jiaobenji, how many relatively large securities firms are there?" Jiang Yan asked
"Eight"

There are 8 stock exchanges in Japan, located in Tokyo, Osaka, Nagoya, Kyoto, Hiroshima, Fukuoka, Niigata and Sapporo. Tokyo and Osaka are the central markets in the country and Kansai respectively, and their trading volume accounts for more than 90% of the national exchanges. In order to concentrate stock trading on the exchanges as much as possible, the Tokyo, Osaka and Nagoya stock exchanges established the second market in October 1961. The listing conditions of the second market are slightly lower than those of the first market.

We will select four stock exchanges and form a team of four. All of us must obey my instructions. I say there should be no hesitation in selling."

"Understood." The three people spoke at the same time.
"Lao Zhang and Lao Li, you have been working at Jiaobenji for a long time, so you should know more about Jiaobenji's listed companies than I do. I hope you can collect the names of some first-tier companies for me within two days."

"Oh! Just the name? No information required?"

"No need for information, I just need the company name." Jiang Yan waved his hand and said.

For him, no information was useful, his memory was the best information. He only wanted the names of the companies, and only selected some that were not well-known in his previous life. As for the main targets, he focused on several companies that were ranked internationally in his previous life, such as Sony, Panasonic, Toyota, Honda...

"Okay, I'll have it sorted by tomorrow night."

"By the way, let's pay special attention to the electronics industry of Jiaobenji."

(End of this chapter)