The first thousand two hundred and eighty-one chapters how to play
Others may not know what Western countries led by the United States did when the Japanese stock market and real estate market plummeted, but Li Zhongxin knew it very well.
Western countries led by the United States have begun to use their financial means and some insidious tricks to start playing tricks.
Faced with the rising Japanese stock market, Western countries led by the United States began to strongly criticize the Japanese stock market at the beginning of 1990, criticizing the long-standing closed trading of the Japanese stock market and the mutual holdings of various companies within corporate groups or in the same industry.
They unanimously asked Japanese companies to change their mutual holdings practices and put forward specific requirements to Japan to reduce the standard of Japanese bank holdings from 5% to 2%, lift the restrictions on the general trading company not to hold shares in manufacturing enterprises, and strengthen the restrictions on the subsidiary holding shares of the parent company.
Western countries led by the United States can be said to have made a big killer move, which hides infinite murderous intent and directly points to the source of long-term growth momentum of the Japanese stock market.
The mutual holding of each company is the main feature of the Japanese stock market and one of the reasons for maintaining the long-term rise of Japanese stocks. If Japan adopts the US requirement to abandon the mutual holding of enterprises, it will increase the number of stocks entering the market and the stock price will fall sharply.
You should know that in Japan, stocks held by companies are generally held for a long time and will not be easily sold due to the rise and fall of stock prices. Therefore, stocks held by companies are generally not listed and circulated.
?In other words, the United States and other Western countries require Japanese banks to reduce their holdings of corporate stocks very sinister. In Japan, banks hold a large amount of stocks, and once they hold them for a long time, they will not be sold easily.
After a long bull market, the profits of the stocks held by banks are very huge. Once the bank sells its stocks, the Japanese stock market will inevitably collapse.
This requirement from the United States was enough to lead to a sharp decline in the Japanese stock market. In the first half of 1990, these requirements from the United States frequently appeared on the front pages of major Japanese economic media, bringing pressure on the Japanese stock market.
The information released by the United States through the meeting on economic structure issues in the United States made Japanese investors understand that the United States did not want the Japanese stock market to remain high for a long time, and investors' confidence in holding shares began to shake. Some investors who were keen to Japan and the United States began to sell stocks, and the stock market fell, which then turned into a panic escape. The four-year bull market in the stock market ended.
What about these things! Li Zhongxin analyzed it through some information that Komura Huika often provides him. Li Zhongxin is not completely sure whether this is the reason. It is just that Li Zhongxin knows that these Western countries led by the United States have begun to attack the Japanese stock market, and some capital tycoons have already started shorting the Japanese stock market at this time.
The main reason why Li Zhongxin did not short the Japanese stock market is that Chuanxin Mitsui Bank is a Japanese bank. If Chuanxin Mitsui Bank does this, once the Japanese government finds out, it will cause a thunderous blow to Chuanxin Mitsui Bank.
Chuanxin Mitsui Bank is different from other large banks in Japan. There are large consortiums behind those banks, while Chuanxin Mitsui Bank is just duckweed and has no foundation. Once you get involved in these things, it will be bad then.
Another thing is that Masako Mitsui and Eika Komura are both Japanese and they love their country very much. If Li Zhongxin did that, even Masako Mitsui and Eika Komura would not agree to this matter.
There are many things that Chungxin Mitsui Bank can invest in, or do, and there is no need to be affected in such a thing.
Compared with stocks and oil futures, oil futures make money faster and more stable, because this is an international market investment. Everyone loses what they make. When they make money, no one can say anything. If they lose money, no one can say anything.
Li Zhongxin was quite impressed by Iraq's invasion of Kuwait. It was already quite good if he didn't go there to make trouble.
Li Zhongxin has his own ideas and ideas. What he does is beneficial to China and the world, rather than participating in those wars, engaging in war dealers or other things.
Zhongxin Company and Zhongxin Mitsui Bank have fleets for transporting oil. During this period, Li Zhongxin even told Masako Mitsui to contact Masako Mitsui and rent some oil tankers to join their team for transporting oil, starting from July to transport oil in the Middle East and provide certain reserves for oil.
Li Zhongxin also told Masako Mitsui that if there is an oil transport fleet that wants to sell at this time, Zhongxin Company can also acquire a batch, but it is! Zhongxin Company and Zhongxin Mitsui Bank jointly invested to acquire some double-hulled tankers. As for single-hulled tankers, they don’t want them.
In the early 1980s, the world's oil transport fleet business was very popular. Many large companies in countries around the world began to do oil transport business. Single-shell tankers and double-shell tankers began to sell hot sales at that time, and it was even quite difficult in the ordering process. It can be said that at that time, as long as a large oil transport fleet could be established, the money would be made in a good deal.
But! After the mid-1980s, oil prices began to decline, and transportation business had already suffered losses. Many large transport fleets had already lost money, and many people could no longer bear such losses, and people began to sell oil tankers.
This is one of the reasons for the continuous decline in international oil prices. The price of oil is so low, why can the fleet make so much money? Various price reductions and various defaults continue to impact the transportation market, making many companies with tankers unable to stand it.
The reason why Li Zhongxin asked Masako Mitsui to acquire double-shell tankers instead of single-shell tankers was because Li Zhongxin vaguely remembered that it would take only a few years for a single-shell tanker to have accidents one after another. As long as such single-shell tankers have accidents, it would be a large pollution accident. International calls for the elimination of single-shell tankers. It took less time for single-shell tankers to gradually withdraw from the market.
Chapter completed!