Chapter 971: Preparations Before the Plaza Agreement (12,000 per day, please subscribe!~)
Not only Rong Le came to Tokyo alone, Huo Gongzi, Liu Luanxiong, Zhao Shizeng, and He Hongyi also came to Tokyo, while Dong Gongzi and Yang Shoucheng had to take care of their own business, so they didn't come with them.
The recession in the world shipping industry is becoming more and more serious, and OOCL is inseparable from Dong Gongzi at this time, while Yang Shoucheng is inseparable from Yang Shoucheng because the tourism industry in Xiangjiang is becoming more and more developed, and the increase in tourists has made the business of Good World Watch City more and more prosperous.
However, Yang Shoucheng has already said that he will come to Dongying when the war starts.
Liu Luanxiong and the others were obviously a little excited, when Rong Le informed them that the matter of Dongying could be started, they began to become excited, after the battle of the Kyushu Bank Group in Xiangjiang, everyone admired Rong Le's ability even more, and naturally trusted his opinion more.
This is often the case, the more successful a person is, the easier it is to gain the trust of others, even if it is a wealthy person who has gone bankrupt, the probability of success in starting a new business is higher than that of ordinary people.
Moreover, since these people made up their minds to follow Rongle to invest in Dongying, they have always been very concerned about the situation in Dongying, and naturally they also know that the negotiations between Dongying and the United States are not their group of people who are paying attention to now, but investors all over the world are paying attention to the problems here.
Even the attention time is longer than the time when Rong Le and others came to Dongying to start the layout, but they don't have the same rebirth memory as Rong Le, and they have always been skeptical about this matter, and they don't know when it will start, and they don't know what kind of attitude the United States and Japan have towards this matter.
Everyone knows that this will be a gluttonous feast, but when to enter, when to exit, everyone can not grasp, there is not only a cake here, there are also a lot of traps, a bad one is easy to fold yourself in, so most people are cautious to face this matter.
The arrival of Rong Le and the others was very low-key, after all, they came here to make money, it was better to be low-key, and it was not too sensational, and after a few people got off the plane, they immediately came to their temporary office in Dongying.
Wu Weihao, Monkey, and Liang Botao have been waiting for them for a long time.
The monkey first reported to everyone about the joint investment of Rong Le, Huo Gongzi and others.
"The previous $570 million has all been purchased in Tokyo, Osaka and other cities, and now we are also negotiating loans with major banks in Toei!"
According to the results of the previous discussion between Liu Luanxiong and others, these properties purchased in Dongying now, when Rongle determines the time, they will take out these properties as collateral, raise a new sum of money, and join the foreign exchange market!
"Contact the Tokyo branch of the Overseas Believers Bank, I have already said hello to the Overseas Trust Bank, and the Kyushu Bank Group has also mobilized 500 million US dollars, which is enough to deal with your loan this time!" Rong Le said, the fertilizer does not flow into the fields of outsiders, and Rong Le is in charge, so he is naturally not worried that this investment will fall into a failure scene, so Rong Le naturally does not want to let go of this loan.
Before Rongle took over the Overseas Trust Bank, the Overseas Trust Bank had already set up a branch in Tokyo, but compared with the huge Japanese banks, there was no comparison at all, and the customers were all overseas Chinese, so there was not much business in Dongying, and it had been half-dead.
Now this loan is the largest business in Dongying since the establishment of the Overseas Trust Bank Dongying Branch.
The joint investment of Rong Le and others has set up an investment company in Dongying, and the procedures are complete, so there is no obstacle to the loan at all.
After listening to it, everyone was also overjoyed, especially the monkey, now the financial market in Dongying is changing rapidly, and the lending policies of some banks have become more and more stringent, that is, these procedures for loans are extremely cumbersome, and now with the support of overseas trust banks, it is obvious that these troubles can be saved.
"Then I'll arrange it at once!" the monkey laughed.
Huo Gongzi and others knew that Wu Weihao was going to report his own investment to Rong Le, so they said goodbye and went to the hotel, there are still some days before Rong Le talked about the time, everyone came to Tokyo, naturally they also want to relax themselves, especially Zhao Shizeng, when he came to Tokyo, if he didn't relax himself, he would naturally be sorry for himself!
After seeing everyone leave, Wu Weihao began to report to Rongle about Rongle's own investment in Dongying.
"Chairman, I'm also going out to work, what's the arrangement, you call me!" Although Liang Botao has been transferred to Wu Weihao's team, he is only responsible for part of the funds, and he doesn't know how much money Rongle is going to invest in Dongying's market.
For the upcoming Plaza Agreement, not counting the joint investment of Rongle and Huo Gongzi and others, Rongle borrowed $2 billion from Sumitomo Bank, $2 billion from Morgan Bank, and prepared $3 billion by himself!
In other words, Rongle directly used 7 billion US dollars this time, and since last year, Rongle has begun to instruct Wu Weihao to exchange the 7 billion US dollars in batches in the foreign exchange market for yen, and invest in the two major industries of Dongying's real estate and stock market.
“...... As of today, the exchange rate between the US dollar and the yen is 238.7 yen to 1 US dollar, because we are moving faster, so the average exchange rate should be 242 yen to 1 US dollar, of which we have exchanged 968 billion yen in several major international foreign exchange markets, of which 629.2 billion yen was used to buy Dongying's property, and 338.8 billion yen was invested in the Dongying stock market, and now these two industries have different increases, and the average conversion should be about 13%!"
Liang Botao couldn't help but say when he heard it, this was the first time he heard that the entire investment amount of Rongle in Dongying turned out to be a terrifying 7 billion US dollars?
At this time, Liang Botao suddenly thought of the trend of the Kyushu Bank Group run that happened in Xiangjiang some time ago, although others are in Tokyo, it doesn't mean that he doesn't know the news of Xiangjiang, and now he really wants to let the people in Xiangjiang know that Rongle's investment in Dongying, compared to the money invested by Rongle in Dongying, the amount spent on acquiring the seven banks is simply a drop in the bucket, and now Dongying's investment has seen results, 13% Although the increase does not seem to be much, if you compare the amount of Rongle investment, 4 billion US dollars, it is already a benefit of 4.112 billion Hong Kong dollars?
Although this is only paper wealth, if the Dongying market is really as Rong Le envisioned, then when Rong Le leaves the Dongying market two years later, this wealth will reach such an astonishing level, no one dares to imagine this.
These people don't know, Rongle but they know a rough idea, Dongying's stock market, last year the Nikkei index was 10,000 points, and in January next year, the Nikkei index will reach 13,000 points, and in September 1987, it will rise to 26,000 points, even if it is affected by the ' on October 19, 1987. The Nikkei was only slightly hit by the global stock market crash on Black Monday, and then continued to rise wildly, reaching 38,915.87 points on December 29, 1989, the last trading day of the year.
The real estate market in Toei will be even more frenzied, starting this year in the six major cities of Tokyo, Osaka, Nagoya, Kyoto, Yokohama, and Kobe, land prices have risen by double digits every year, with residential land prices rising by 30.7% in 1987 and commercial land prices jumping by 46.8%.
In 1988, the price of 1 square mile below the Imperial Plaza in Tokyo was higher than the value of land in the whole of California, and the price of 4 feet in Ginza in Tokyo skyrocketed to 120 million yen per tsubo (3.3 square meters).
By 1990, the land price in Tokyo alone was equivalent to the price of land in the United States, and the land area was equivalent to that of Toei, California, USA, with a total land value of almost four times that of the United States and a unit price of 100 times that of the United States.
The skyrocketing land price has naturally brought about a rise in urban housing prices, and according to international practice, generally speaking, a house price-to-income ratio of 3-6 times is considered reasonable.
The house-price-to-income ratio is the ratio of housing prices to the annual household income of urban residents, which means that a city household needs to pay for several years of household income to buy a house.
Before the Plaza Agreement, the number of houses located a certain distance from the city center in the Tokyo metropolitan area was about 5 times, and in the Osaka and Nagoya metropolitan areas, the house-price-to-income ratio was stable at a little more than 4 times, but by 1990, the price-to-income ratio in the Tokyo metropolitan area had exceeded 10 times, and in the core areas it was close to 20 times!
This is still a period when the income of the people of Toei is soaring, so if you have the opportunity to be reborn in the 80s, if you don't know much about the financial market, then just exchange your banknotes for US dollars and then yen in front of the Plaza Accord, just buy and buy in Tokyo, and wait for the real estate bubble in Toei, sell your own property, and increase your income by at least ten times!
During his stay in Dongying, Liang Botao has been studying the issue of US-Japan negotiations, especially in the last month or two, when US-Japan negotiations have become more and more semi-public.
He already knew that the initial set of the two sides should be that the yen will appreciate by about 10%, if that is the case, do not calculate the profit of Rongle's investment in Dongying, this is to calculate the income in the foreign exchange market, 7 billion US dollars, that is, 700 million US dollars of interests, converted into Hong Kong dollars is 5.46 billion Hong Kong dollars!
What could be more lucrative than this?
Liang Botao is more and more admired and worshipped for Rongle!
It's a pity that Liang Botao doesn't know, and the world doesn't know, what the Plaza Accord means to Dongying, in just two years, the exchange rate between the yen and the US dollar will reach 121 yen to 1 US dollar, the lowest record in history.
Everyone, including the five countries that signed the Plaza Agreement, the United States, Dongying, Germany, England, and France, did not expect it, but Rongle knew it......
That is to say, even if Rongle does nothing, just convert the US dollars in his hand into Japanese yen before that, two years later, when the yen is at its lowest, and then buy this money into US dollars in the foreign exchange market, Rongle will be able to obtain at least 7 billion US dollars in benefits, of course, the financial market account is definitely not calculated like this, this is just an ideal data, and Rongle cannot be so naïve.
7 billion US dollars, which is enough for Rongle's appetite, the entire Dongying at this time is a huge ATM for Rongle!
The remaining $3 billion will be deposited into the company's London foreign exchange market, New York foreign exchange market, Sydney foreign exchange market, Hong Kong foreign exchange market, and Paris foreign exchange market. and the accounts of the Tokyo foreign exchange market, the foreign exchange market of Wellington, New Zealand, don't touch this money yet, wait for my orders before acting!" Rong Le ordered.
Wu Weihao was slightly stunned, there is nothing wrong with investing the money separately, and there is nothing in the five major foreign exchange markets and the Tokyo foreign exchange market, he doesn't understand why he should open an account in the Wellington foreign exchange market in New Zealand.
"Chairman, the Wellington foreign exchange market in New Zealand is only a small market in the foreign exchange market, why should you open an account with them as well?"
"You don't have to worry about this, just do what I tell you to do!" Rong Le said.
There is no way to explain this kind of thing, is Rong Le going to tell Wu Weihao that the first reaction after the Plaza Accord was a foreign exchange market in Wellington, New Zealand, that no one expected?
Immediately after the Plaza Accord, the U.S. dollar to the yen in the Wellington foreign exchange market in New Zealand fell from 239 to 234 and fell by 5 yen, and then other foreign exchange markets began to gain strength.
Since Rong Le wants to play leverage, he naturally has to find his own clear foreign exchange market operation, otherwise Rong Le has such a large amount of money into it, just a few decimal point changes, it is possible for Rong Le to play badly, and he can't be careless.
Seeing that Rong Le had already decided, Wu Weihao had no choice but to nod.
"Okay, according to my analysis, there is still a period of time before the start of the war, everyone must be busy during this time, let's rest for a while! When the time is up, I will inform everyone!" Rong Le said with a smile after finishing his business.
"Hmm!" Wu Weihao and Liang Botao nodded.
Then Rong Le walked out of the office and took Zhong Chuhong, who was already waiting a little impatiently, back to the villa he had bought with the monkey in Nagano Prefecture, Tokyo.
Surrounded by mountains at an altitude of 1,000 meters, it is one of Tokyo's most famous vacation areas in the cool summer, and is popular with the royal family and celebrities of the world.
Naturally, the villa Rongle here will not be sold, and it is the same as the villa he bought in Hokkaido in the hands of Mitsui Maki, and it is all the existence of Rongle who came to Toei for vacation in the future.
In the second half of the year, Zhong Chuhong did not have any shooting tasks, so he followed Rong Le to Dongying.
After coming here, Zhong Chuhong instantly liked the environment here, and the reason why Rong Le brought Zhong Chuhong here was because he didn't want people to disturb their short rest, the spirit in Xiangjiang some time ago was really tense, let's rest first, as for Xu Yunchang and others, let's wait!