Rebirth 76: Industrial Internet Empire

"We are too big. If we don't want to cause panic to the market, it will probably take half a year to clear all our positions!" Guo Kexin said after thinking for a while.

"No, half a year is too long. I will give you at most 4 months to withdraw at least 80% of your positions!" Yang Mo looked up at the calendar on the wall and flatly refused.

"The time is too hasty, and I'm afraid it will cause panic followers to flee, which would be counterproductive..." Guo Kexin said worriedly.

Yang Mo pondered for a long time and then said: "Then withdraw in order. Bank stocks are relatively large, and the financial sector will withdraw first, followed by the mining resources, equipment manufacturing, real estate, home appliances, semiconductor electronics and precision instrument sectors last!"

"What about us? Will stock index futures also turn from long to short?" Lin Xi asked.

"The one-year forward contract of the Nikkei Index has begun to turn bearish. The next few months are the best opportunities to attract bulls. Continue to be bullish on the 3-month short-term contract, and cautiously bullish on the 6-month mid-term contract!" Yang Mo instructed. .

"Then shall our Nikkei 225 Index futures remain on the SGX, or transfer to the Tokyo Stock Exchange?" Lin Xi asked.

"You should stay on the SGX! Use your status as the bull's main force to cover us in building positions!" Yang Mo said after thinking for a while.

"Can't we open the 12-month multi-single contract again?" Lin Xi still enjoyed the status of the "Witch of the East" who responded to everything, and asked a little glumly.

"You can use yourself as a bait to attract more. You can open some long contracts, but you must use other secret accounts to reverse hedging. Starting from tomorrow, after the market closes every day, you must tell me all your operation records as soon as possible!" Yang Mo said in a deep voice.

Lin Xi and Guo Kexin both heard something unusual from Yang Mo's words, and they almost thought of the word "stock market crash" in unison!

"Mr. Yang, did you discover something? Or do you predict that the Japanese stock market will reverse at a certain point?" Guo Kexin couldn't help but ask.

"I can't be sure at the moment, but various signs indicate that the Japanese stock market has reached the end of its strength, and the stock price has far exceeded the normal valuation. A qualified financial practitioner will not earn the last copper!" Yang Mo nodded. said.

"As for Japan Telephone Company's stocks, do we still participate?" Guo Kexin asked with some reluctance.

"Use the associated account to sell short! But don't do it too hastily, and try not to let the dealer know our existence!" Yang Mo instructed.

Yang Mo is not the only one who realizes the huge bubble in the Japanese stock market...

On May 1989, 5, the 7th day after Yang Mo came to Tokyo, Japan's Ministry of Finance felt the pressure of economic overheating and began to consciously implement financial tightening policies, announcing an increase in the discount rate for unmatured bills and at the same time raising the benchmark interest rate from 20% to 2.5%.

The sudden increase in the discount rate increased investors' financing costs and directly affected the stock and bond market yields, causing stock prices to fall.

Yang Mo felt that he had taken it too much for granted. He only remembered that the stock market was on an upward trend throughout 89. He did not expect that the Japanese government was not a fool and had realized the huge bubble in the stock market.

"Kexin, how much does the position hold now?" Yang Mo asked with a frown.

"About [-]%, banking securities, mining resources, and traditional manufacturing sectors have all successfully withdrawn, and now they are starting to withdraw from the real estate sector..." Guo Kexin also replied with some worry.

Yang Mo pondered for a moment and then said: "Most of our chips are concentrated in the real estate sector. Now that the real estate market is hot, we can increase our exit efforts. This should not cause too much panic!"

"Will the fluctuations in real estate stocks affect the transfer of land parcels held by related real estate companies and the sales of newly built commercial buildings?" Guo Kexin asked worriedly.

"It should not be enough. Contact Lin Xi and count all the net Nikkei futures contracts in our hands. At the same time, ask her to suspend short- and medium-term contract transactions. Contract orders delivered before December 89, 12 will be liquidated in an orderly manner. More than At this point in time, all futures contracts have begun to turn short..." Yang Mo continued.

After the Nikkei Index fell briefly, major banks, securities companies, and major listed companies began to consciously protect the market, and the Nikkei Index miraculously stabilized again at 37600 points.

Seeing that the turnover rate of Nikkei index constituent stocks hit new highs one after another, Yang Mo showed a sneer on his lips. The real game may be about to begin!

From the fact that major local commercial banks and securities companies in Japan are so eager to protect the market, it can be seen that banks and securities companies are likely to pay a heavy price for their uncontrolled financing!

For three whole months, the long and short sides launched a fierce battle around 38000 points. In the end, Japan's major commercial banks and securities companies had the upper hand. The Nikkei 225 Index broke through with strategic momentum amidst the cheers of investors. Meaningful 38600 points, a new high.

The total market value of Japanese stocks has ballooned to 890 trillion yen, exceeding 45% of the total market value of global stock markets, leaving U.S. stocks far behind and just one step away from Japan's total GDP for this fiscal year.

However, the local consortiums headed by Japan's four major chaebols were also exhausted. Guo Kexin took advantage of this golden opportunity to not only sell all the stocks he held, but also successfully completed the Nikkei 38000 Index futures in various related accounts in the 38800-225 point range. Contract position opening task.

Some are happy and some are sad. The Japanese chaebols used their abundant funds to defeat the international hot money that followed Wall Street hedge funds everywhere, and achieved a staged victory!

HSBC Bank Tokyo Branch.

Jonathan stared at the screen in front of him nervously.

In this long-short game between Wall Street hedge funds and local Japanese consortiums, HSBC has always stayed on the sidelines. Although both the long and short sides came to visit several times to lobby and invite HSBC to join, Jonathan politely declined on the grounds that he was waiting for approval from the board of directors!

No one knew what Jonathan was waiting for. The board of directors also sent a stern inquiry letter, hoping that Jonathan would come up with an investment plan as soon as possible!

Only Elena knows what Jonathan is waiting for. Obviously, Qianhai Asset Management cannot miss this unprecedented multi-empty battle. Jonathan has witnessed the miracles created by Qianhai Asset Management in these years. He does not want to become Qianhai Asset Management. The opponent's plate!

Together with Qianhai Asset Management, they have heavily invested in real estate stocks, and the book profit has been close to 400%. This is enough for Jonathan to join the board of directors. He does not want to ruin his great future because of the wrong direction choice at the last moment!

"Your Excellency President, Mr. Li Heping from Qianhai Asset Management Company is here and waiting for you in the VIP room!" Just as Jonathan was thinking about it, Elena came in to report.