The literary era since 1979

Just the day after the Plaza Accord was signed, the foreign exchange market reopened and it was immediately a bloody mess.

美刀兑日元的汇率在短短的3天时间里，就从1比250变成了1比228，日元开始急速地升值。

Bai Ruoxue received continuous good news and smiled from ear to ear:
"Teacher Fang, Mike just called me and asked me to express his gratitude to you on behalf of his family. Thanks to your advice, they followed suit and invested in Japanese yen, which prevented their assets from being greatly affected by the depreciation of the US dollar."

"This is all thanks to the unconditional trust that Mike and his team have in me."

Fang Yan smiled and said, "After all, no matter how brilliant my suggestions are, they will all be in vain if they don't adopt them."

Bai Ruoxue nodded in agreement, and then conveyed Luo Daian's question:
"Have you ever thought about what to do with the money next?"

“Of course it’s an investment.”

Fangyan will not act blindly easily, and must consider a series of factors such as position returns, investment flexibility, and risk diversification.

"Lodian and I think so too."

Bai Ruoxue asked about his investment direction.

Fangyan spoke without hesitation about the first plan he had thought of a long time ago, which was of course to invest the earned yen in real estate in Japan.

The bubble era is coming, and Japan will soon explode into an unprecedented construction boom. The real estate and property market in Tokyo, Kyoto, Osaka and other places are undoubtedly one of the best investment options. Even crazier and more extreme, you can mortgage the purchased real estate to the bank or other financial institutions, and then continue to invest in real estate. The only flaw is that -

The risk is too high, like walking on a tightrope. If you are not careful, the capital chain will break and you will have to act like a "flying man in the air".

“Real estate is indeed a good place to go for both security and value-added.”

Bai Ruoxue changed the subject and reminded that Japan now has many restrictions on foreigners buying property in Japan.

Fangyan also knew this. In terms of loans alone, a person with Japanese household registration must serve as a guarantor.

All the properties he purchased in Japan were guaranteed by Keiko Matsuzaka, Komaki Kurihara and others.

If one wants to break free from the constraints and find loopholes, the easiest way is to register all the houses under the name of Keiko Matsuzaka. You should know that when a restaurant owner named Onoue Susamu was speculating in stocks and real estate, twenty or thirty Japanese banks loaned her more than 28000 billion yen.

Even the King of Brunei, the manipulator of oil-producing countries and the richest man in the world, had total assets of only around 3500 billion yen at the time.

Of course, I would definitely not let Keiko Matsuzaka take this risk, but investing in Japanese real estate is imperative.

"Teacher Fang, I think we shouldn't put all our eggs in one basket."

Bai Ruoxue reminded: "Especially for real estate, the flow of funds may be restricted at that time."

"You mean to diversify your investments." Fang Yan frowned, "But where should we diversify to? Japanese stocks? American stocks?"

“We don’t understand Japanese stocks.”

Bai Ruoxue said: "As for U.S. stocks, the U.S. dollar is depreciating significantly, and the returns from investing in U.S. stocks will also shrink."

Fangyan was surprised: "So which stock market do you plan to invest in?"

“What do you think of Hong Kong stocks?”

Bai Ruoxue looked like she had everything planned out for her.

“Hong Kong stocks!?”

Fangyan raised his eyebrows.

"Yes, the exchange rate between the US dollar and the Hong Kong dollar is fixed. If the US dollar depreciates significantly, the Hong Kong dollar will appreciate accordingly."

Bai Ruoxue analyzed: "Moreover, the Hong Kong stock market has recently bottomed out and rebounded, and it is very likely to enter a long bull market."

Love in late autumn?
Fangyan pondered for a while, reviewing the information he had previously collected from newspapers and television.

Today's Hong Kong stocks are different from those in later generations. There is not only one Hong Kong Stock Exchange, but four: the Hong Kong Stock Exchange, the Hong Kong Stockbrokers Association, the Far East Stock Exchange, and the Gold and Silver Stock Exchange. The four stock exchanges only completed their initial merger in 1980.

The new company after the merger was later called the Hong Kong Stock Exchange, but five years later, it still has not officially opened.

This is the first unstable factor. The second unstable factor is that although the "Joint Declaration" was signed last year and the ownership of Hong Kong was finalized, the Hang Seng Index immediately rebounded to 1000 points, closed at 1200 points at the end of the year, and continued to rise in the first half of 85. However, with the failure of Overseas Trust Bank and Industrial and Commercial Bank of China in June, the two banks were suspended and their stocks were instantly wiped out, which greatly dampened the confidence of investors. The Hong Kong stock market, which had been advancing triumphantly, "ran aground", and the stock market fluctuated up and down, repeatedly arguing at low levels.

It was not until July and August that the Hong Kong stock market gradually recovered and ushered in a small bull market.

"I also want to know about these two banks."

Bai Ruoxue said: "They are not doing a bad job, but they fell into a scam called 'check wheel'."

Fangyan nodded. The so-called "check round" is to take advantage of the difference in time zones and the time required to process checks in different places. A check that can be cashed is used as a deposit for the transaction, but the funds are withdrawn from the account immediately after the transaction is completed, making the check uncashed.

"So this is only temporary. Once investors' confidence is restored, given the current situation, Hong Kong stocks have a lot of room to rise."

There was a hint of determination in Bai Ruoxue's tone.

Fang Yan pondered it carefully. Although he had no memory of the Hong Kong stock market trend in 85, he vaguely remembered that in the TV series "The Greed of Man", Fang Zhanbo played a supporting role in the trading hall of the Hong Kong Stock Exchange that year, and together with Chen Taotao, he burned down the chain of stocks and destroyed Chen Wanxian's six fraudulent stocks.

The Hong Kong stock market at that time was naturally in a very good situation, so good that Hong Kong investors seemed to be so arrogant that they even ate shark fin rice.

With this thought in mind, I still have some concerns. Even though I know there will be a bull market lasting for several years, which stocks should I invest in?

"Teacher Fang, we can invest in China Gas and Hutchison Whampoa..."

Bai Ruoxue spoke like she knew all the details.

"Why these ones?"

Fangyan cast a questioning look.

Bai Ruoxue said that after the signing of the "Joint Declaration", in order to stabilize the economy of the Hong Kong market, many Chinese tycoons took action and acquired companies owned by British companies. For example, the "Hong Kong Stock God" Li Zhaoji invested in the only city pipeline gas company in Hong Kong, China Gas. The "Shipping King" Pao Yue-kong acquired Wheelock, which was once a long-established British trading company.

"Let's study this further. Do you have any other ideas?"

Fangyan poured a glass of water for both of them.

Bai Ruoxue took the cup and said that Hong Kong's real estate market was also recovering, and it was a perfect time to buy at a bargain price. However, the problem was that the land could not be developed after purchase, and not only were there not enough new properties for sale, but the locations and quality were also uneven. It would be better to invest in Japanese real estate.

So instead of investing in the real estate market, it is better to invest in office buildings and commercial centers, but the only flaw is that it requires a large amount of capital.

Just as the two were chatting enthusiastically, the doorbell suddenly rang.

When Fangyan opened the door, he saw Gong Xing was so angry that his face turned red and his cheeks were puffy, like a powder keg that could explode at any time.

"What's wrong? Who made you unhappy? Is it someone from the crew?"

"No, neither of them. It's the taxi driver."

Gong Xing complained indignantly that the drivers in Hong Kong were not honest. Not only did they manually start the meter, but they also roughly rounded off the change when giving change, or even deliberately gave less money. What was even worse was that their service attitude was terrible, as if "they almost thought I was entitled to a taxi ride".

"This is how taxi drivers in Hong Kong are. They treat local citizens the same way."

Fang Yan handed over the untouched water he had been drinking. "Calm down. There's no need to get angry over such a person!"

“But this is really too much!”

Gong Xingman took a big gulp of water.

"How about taking advantage of the opportunity of the foundation's establishment in Hong Kong to buy a car in the name of the foundation?"

Bai Ruoxue suggested: "When there is a need for a car, Sister Gong Wei, Teacher Fang and we can all use it."

Gong Xing hesitated for a moment, "But I often hear people in the crew say that parking in Hong Kong is not easy, especially parking spaces..."

"Parking space!?"

Fang Yan's eyes lit up instantly, and he stared straight at Bai Ruoxue, and then she realized it belatedly and clapped her hands excitedly. (End of this chapter)