Regarding the manipulation of capital finance, Zhao Yi has always adhered to the approach of following the trend. He neither took the initiative to puncture financial bubbles nor avoided them like snakes and scorpions. Regardless of the ups and downs, he was able to make profits for himself. .
This stock market crash is still the same. Although the stock market crash is slightly different from the previous life, with Zhou Ling in hand, there is really no difference between this difference and no difference.
Therefore, when we had a premonition that the global stock market was about to usher in major changes, we had already made arrangements half a year in advance for Ping An Insurance Company to slowly release its stocks.
Because during this period, global stock markets were still rising. Although Ping An Insurance Company received instructions so long in advance, it still acted in a very orderly manner when releasing stocks. After the withdrawal, it did not have an impact on the stock market.
This is very important. Although Ping An Insurance Company's capital scale is just that in his opinion, it still cannot be underestimated in the capital market. Especially with such a huge amount of capital focused on the stock field, its influence is still great.
If there is desperate selling, it will definitely cause changes in the stock market. It is likely to burst the stock market bubble in advance and cause the stock market to collapse early, because the U.S. stock market at this time is actually very fragile, and any small change may bring about big changes.
Unlike Ping An Insurance Company, which focuses on U.S. stocks, Sunflower Investment Company's focus is mainly on the Japanese market. Although the proportion of capital scale in the total capital is not very large, it has the most energy.
Since he asked Sunflower Investment Company to focus on the Japanese economy and market after 1985, especially the Japanese real estate market and stock market, Sunflower Investment Company has almost focused its attention on this.
In addition, after Hong Kong's real estate capital was later driven to Japan, Japan's housing construction speed was much faster than before, coupled with the fueling of capital and the false economic prosperity brought about by currency appreciation.
The Japanese economy seems to be like a rocket, and the market is flooded with a large amount of capital. Originally, because of the rapid development of our country's economy, a large number of markets that originally belonged to Japanese companies were squeezed out.
After such an influx of hot money, the Japanese economy not only did not weaken, but also performed very prominently in various data. The whole of Japan is filled with an optimistic atmosphere.
The influx of hot money has caused the appreciation of the domestic currency, and Japanese institutions holding large amounts of US dollars can only purchase large amounts of assets around the world. As a result, Japan seems to be particularly obsessed with external assets during this period.
Due to the appreciation of the yen in the country, domestic inflation is relatively fast. In order to preserve the value of their assets, ordinary people can only invest a large amount of money in real estate and the stock market.
In the past, it may have been difficult to quickly build a large number of houses with the help of Japan's domestic real estate companies. After all, this industry is relatively mature and will not accelerate suddenly.
However, after Hong Kong real estate companies entered Japan, they not only hired Japanese employees, but also recruited a large number of employees from Hong Kong and Southeast Asian countries in the hope of speeding up project progress.
As a result, the number of housing assets available for purchase in Japan has skyrocketed. Although the shortage of housing assets has been solved to a certain extent, this change is actually not significant compared to the hot money carried by Sunflower Investment Company.
On the contrary, it increased the scale of Japan's real estate bubble, because the more houses there were, the purchase price did not drop significantly, but the transaction volume surged. The more housing assets people own, the greater the risks in the future.
Coupled with the rapid development of my country's industry, especially the development speed of high-end industry, which is definitely the best in the world, the industrialization development of these old capitalist countries has reached a dead end.
This forces industrial entities, which already have meager profits, to use their remaining profits not to expand production, but to catch up with inflation and invest them in real estate and the stock market.
Coupled with the originally strong national character of self-esteem, the acquisition of overseas assets, especially the asset acquisition of Eagle Sauce, has given Japanese citizens a shot of chicken blood, and they have become more determined towards Japan's economic development.
Many factors have contributed to the carnival state that Japan's economy has experienced in the past two years, which is even slightly crazier than in its previous life. Whether it is officials or ordinary people, they all hold an optimistic attitude of going forward.
In this atmosphere, Sunflower Investment Company, which originally thought it would spend a lot of money, found that it did not need much money at all to leverage huge leverage to achieve its goals.
Because at this time, the Japanese market was flooded with capital, and a lot of capital even had no subject matter to invest in, making loans very simple.
In the course of these years of global financial competition, Sunflower Investment Company has cultivated a large number of investment companies with certain strength, as well as those "obscure" individual retail investors who are even better in number.
When entering the Japanese market this time, Sunflower Investment Company used these investment companies with certain capabilities to take the lead, enter the market to explore the bottom, and see how the Japanese market should operate in order to obtain greater benefits.
After some investigation, it turned out that Yingjiang Capital had the same idea as them. Seeing this situation, Sunflower Investment Company found that it was easier and simpler to take advantage of the situation than to do it on its own.
The entry of other capital into the Japanese market will naturally lead to abundant funds in the Japanese capital market. Major banks are worried about not being able to find enough reliable lenders. At this time, the arrival of Sunflower Investment Company is simply a rain for them.
Sunflower Investment Company first used its own funds to purchase land in popular Japanese cities, and then used the land as collateral to obtain loans from major banks.
Then use the funds from the loan to purchase land, and then use the purchased land for loans. This cycle continues, as long as the interest can be paid every month, you can make a living.
As long as the value-added rate of the entity is higher than the bank interest rate, this trick can actually be played forever, provided that it cannot collapse, otherwise, the loss will still be that of Sunflower Investment Company.
In 1984, Japanese bank loan interest rates were generally around 6%. By 1987, bank loan interest rates had dropped to the bottom, only about 3.5%, a drop of nearly half.
This is a major piece of good news for Sunflower Investment Company, which had nothing to gain. In the early days, because of the high interest rates, they were relatively restrained in obtaining land loans. But last year, their actions became more and more aggressive.
This is completely different from the way they bought land around the West Berlin Wall. Germany is relatively restrained in this kind of investment, especially the role of finance. It is basically impossible to play this way.
Therefore, their land purchases around the West Berlin Wall were basically made with real money, which cost a lot of money. If Peter hadn't been a German, it would have been very difficult to handle such a large-scale land purchase.
This characteristic of the Japanese market prevented Sunflower Investment Company from spending a large amount of funds as previously expected, so a lot of funds could only enter the stock market.
This makes Sunflower Investment Company have a relatively large amount of capital in the global stock market. It is actually very difficult to cash out in a short period of time, which is why Zhao Yicai made arrangements half a year in advance.
In fact, according to history, this stock market crash was actually very short-lived, at least for the US stock market. It fell for one day on Monday and began to rebound the next day.
Of course, this stock market crash was also the largest one-day decline. The U.S. stock market fell 22.6% in one day, which was even worse than the decline in 1929. Therefore, there were many people who speculated about this in previous lives.
But in this life, the difference between the two is still quite big. The size of the funds in the stock market may be similar to that in the previous life, but the parties to which the funds belong are indeed very different.
Not to mention the beginning, Zhao Yi personally participated in global financial market operations. At that time, the profitability was so strong that it even caused the global stock market to collapse, and it also aggravated the impact of the global financial crisis at that time.
Later, as the domestic industry developed by leaps and bounds, it basically did not need to rely on the input of external capital to meet the needs of self-expansion. It was also at this time that Zhao began to be more Buddhist and no longer provided relevant data personally.
But at that time, the scale of Sunflower Investment Company was already very large. Although the profitability did weaken a lot in the subsequent period, the scale of funds was huge, and it was still able to obtain profits every year that were not inferior to the previous ones.
This process is actually to quietly take money from others into your own pocket. Although the scale of funds in the global stock market may not have changed much, the people who own the funds do vary greatly.
After Sunflower Investment Company heard the news, it did not do what Zhao Yi thought before. It just carried out some operations on the day of the stock market crash and stopped other operations.
After all, the stock market crash occurred too suddenly and ended relatively suddenly. In fact, there was not much room left for them to operate, because they would not have enough time to repurchase the stock if they were short. When the stock rose, they would not have enough time to repurchase the stock. A lot of profit.
Therefore, most operations are actually placed on stock-related indexes. In this way, you only need to find relevant counterparty contracts and do not need to perform stock repurchase operations. This is very beneficial to capital, especially large capital.
Sunflower Investment Company does not think so. Although the stock market crash may have been caused by accidental factors, it does not mean that accidental factors cannot be turned into inevitable factors to achieve the purpose of expanding the results.
They sell their stocks in advance, which is actually to buy a mine for this purpose, because they already have a lot of stocks in their hands. If they sell them when the stock price remains unchanged, they will naturally need the same amount of funds. Come and take over.
The people who take over the orders are either large investment institutions or retail investors. Retail investors actually account for a small proportion in developed financial markets, and most institutional investors account for a relatively large proportion of funds.
This operation of Sunflower Investment Company is to exchange the stocks in its hands for a large amount of cash, which not only avoids investment losses caused by the stock market crash, but also consumes the amount of cash in the hands of these institutional investors.
If the scale is small, then this operation is actually of little effect, but if the volume is large, the situation is completely different, and Sunflower Investment Company has exactly such capabilities.
The main purpose of consuming the funds in the hands of large investment institutions is to prevent these large institutional investors from actively engaging in bargain hunting and thus returning to the original state in one day like in the previous life.
Will major listed companies spend money to repurchase stocks like in the previous life? Although this is very possible, the effect may not be as ideal as in the previous life.
The difference is that many of his companies have brought great changes to the global economy and trade, resulting in the high-end industrial products and service industries being basically in his hands.
However, the profit margins in other industrial fields have continued to decline. The overall operating conditions of these traditional industrial enterprises are not very optimistic. It is possible that individual enterprises have kept up with the development of new technologies and achieved greater growth.
However, more companies have failed to keep up with the opportunities brought by the development of new technologies. Instead, due to the market squeeze effect brought about by the development of new technologies, their profitability is not as good as before.
Although the rapid development of new technologies and new industries has also promoted the development of the global economy in disguise, and the overall scale of the global economy has grown significantly compared with before, the relationship between the economic value created and the money supply does not actually match completely.
This is due to both the lag in matching and the transfer of wealth relationships, which has greatly affected the development of traditional industrial enterprises. Their development is not as good as in previous generations, and naturally they cannot allocate enough funds for buybacks.
Another important factor in this stock market crash is that Wall Street has begun to widely use computer programs to buy and sell stocks during this period. According to algorithms, when market conditions are not good, the programs will automatically sell stocks.
If these institutional investors do not have enough stocks in their hands, even if the program automatically sells stocks, it will not be strong enough, which will also provide more ammunition for triggering this stock market crash.
And their purpose of doing this is also very simple, that is, they do not want this stock market crash to end simply, but at least extend the time so that they have enough time to operate.
In addition to having enough time to conduct short-selling operations, more importantly, they need to take advantage of the opportunity to make profits at the bottom. If the time is short, the effect of these operations will naturally be greatly reduced.
Originally, Zhao Yi wanted to simply perform some profit-making operations. As for whether he made more or less, he didn't particularly care, as long as he didn't lose money, because in the face of the stock market crash, not losing money actually meant making money.
I didn't expect that Sunflower Investment Company would make so many tricks out of this news. It seems that so many years of financial market operations have indeed made Sunflower Investment Company mature, and it has actually changed from being passive before to being active now.
Moreover, their idea is actually very feasible. The most important thing is that even if the operation is not successful, they will not actually lose much. After all, the stock has already been cashed out at a high level, and the rest is to earn more or less. question.
But once their idea is realized, the profit effect will be much higher. Not only can they make profits by going short, but they can also make profits by going long after buying low prices. Going back and forth, they all make money.
Moreover, global financial institutions at this time have relatively optimistic expectations for the stock market. If there is an index futures betting agreement at this time, many financial institutions will be willing to participate and can find enough opponents.
In addition, almost all major stock markets have now implemented online trading, which makes Sunflower Investment Company, which has mastered the artificial intelligence investment and trading system, even more comfortable.
Moreover, Zhao Yiyi pays special attention to this operation and asks Zhou Ling to notify him as soon as there is any trouble. After all, the scale of this operation is not small. It is not as small as before. It is also the first time for Sunflower Investment Company to operate. Global stock markets are of great significance.
If Sunflower Investment Company can operate successfully without his intervention this time, it means that they have truly matured and can survive in the treacherous financial market, instead of being able to operate passively like before. .
Originally, according to Zhou Ling's prediction, although the direction was still the same as in the previous life, there were still some differences in the specific dates. However, after some operations by Sunflower Investment Company, it returned to the original track.
This made Zhao Yi feel more at ease. He just told Sunflower Investment Company about the changes and asked them to make arrangements according to the new changes. The rest depends on their level.
In addition, it is to put one's junior artificial intelligence on emergency standby and have it suspend some non-essential tasks in progress. If an accident occurs, the junior artificial intelligence will be sent to the rescue.
Regardless of the fact that the use of primary artificial intelligence is very positive, that is because he uses primary artificial intelligence on the right path, which does not mean that primary artificial intelligence cannot do some shameful tasks.
In the Internet field, junior artificial intelligence is basically a god-like existence, especially after so many years of experience, its abilities have become stronger and stronger.
After making preliminary preparations, time came quietly in October. In order to avoid attracting the attention of others, Sunflower Investment Company only spent a small part of the funds on securities lending, and the remaining funds were mainly used on index futures and bonds. As well as over-the-counter betting.
Since Sunflower has cultivated too many financial institutions over the years, and their strengths vary, the work related to short-selling futures and over-the-counter betting has been very smooth while the global stock market is booming.
Because according to the current form of the stock market, no one thinks that there will be a large-scale plunge in the short term, so many institutions think that this transaction is a sure profit, and some institutions even take the initiative to increase their efforts and want to make big profits. One stroke.
In fact, the emergence of many things is inevitable for economic development. Even if there is an accident, it is just late. As expected, the time has entered October, and the Yingjiang government has introduced many policies with the purpose of boosting the economy and reducing the twin fiscal and trade deficits. .
It's just that at this time, the financial market was already in a tight state, and the trading volume was significantly reduced as large-scale funds entered the hands of Sunflower Investment Company, causing a temporary shortage of market funds.
Sunflower Investment Company was waiting for the Yingjiang government to issue relevant policies. At this time, before Sunflower Investment Company took action, the stock market had already begun to undergo minor adjustments.
After going back and forth like this several times, everyone felt that this was a technical correction, and optimism was not greatly affected, and disasters are often hidden in this optimism.
It was still in the past life. As soon as the stock market opened on Monday, the selling in the market was much stronger than last week, and the downward pressure was very obvious. At this time, all the stocks that had been borrowed from Sunflower Investment Company began to be sold.
This time, there was no need to talk about any strategy, but all-out selling, which further intensified the downward trend of the stock, causing the automatic stock trading programs of major securities trading institutions to trigger trading conditions, causing the program to automatically sell a large number of stocks.
This further accelerated the decline of the stock, causing investors who originally thought it was a technical correction to join the sell-off. The stock market crash happened inexplicably, and Sunflower Investment Company did not contribute much.
This time, due to the lack of funds in the market, the decline was even greater than in the previous life. It fell by 30% that day. If it had not been the market closing time, it might have continued to fall.
If it is a small decline, some investment institutions can still sit still. After all, they have seen too many strong winds and countless small declines, and will not be affected by market sentiment at all.
But when the decline exceeds 10%, the situation is completely different. The market is filled with pessimism and spreads rapidly. Under such circumstances, no matter how strong investors are, they can't sit still and sell their stocks one after another. stock.
These large investment institutions also joined the ranks of sellers, which naturally caused more investors to sell. Naturally, the stock price also fell all the way, basically without stopping.
When the stock market fell to about 25%, Sunflower Investment Company began to buy back the stocks it had sold before, but the amount was relatively small, and there was no wave at all.
The next day was just as it had been in the previous life. Many listed companies announced the implementation of repurchase plans. At the same time, the Federal Reserve also encouraged financial institutions and customers to tide over the difficulties together, so that commercial banks could not stop lending to brokers and traders.
It's just that all the funds in their hands were used to buy stocks that they were optimistic about, and there was not much remaining funds in their hands. Even if commercial banks provided loans, the loan gap was relatively large, and increasing lending was not an immediate decision.
Moreover, many of these financial institutions have participated in the futures contracts and over-the-counter gambling contracts of Sunflower Investment Company. This is not just a matter of allowing financial institutions and customers to tide over the difficulties together. After all, "a dead Taoist friend will not die a poor Taoist" is a financial The iron law of the market.
Therefore, when Sunflower Investment Company stepped up its large-scale bargain hunting on the second day, the stock did not rebound as sharply as everyone expected. It can only be said to be stabilizing. In this state, it is really the best to buy back stocks.
Due to large-scale losses caused by financial institutions' investments in index futures and other aspects, it has been unable to organize an effective rescue plan. Although the news of corporate buybacks has some effect, the effect is not particularly large.
Because the company itself does not have much funds, for the reasons mentioned earlier, it is just a big thunder but a small rain. It only slightly restores market confidence, but it is not that easy to pull it off.
The funds for bargain-hunting here mainly come from financial institutions under Sunflower Investment Company. Since bargain-hunting naturally requires a controlled pace, the U.S. stock market continued to rise slightly for half a month.
At this time, after half a month, major financial institutions finally organized a decent rescue operation, causing the stock market to rise much faster than before.
However, it is still very difficult to recover as before. After all, the scale of funds on the market that can support the rise of stocks is small, and it can only be allowed to recover naturally after it reaches a certain level.
Sunflower Investment Company started its bargain hunting for its favorite companies. When these stocks were almost purchased, it began to buy stocks of other companies. (End of chapter)