Chapter 271: The Secret Meeting of the Six Major Consortiums

The 29th is the last trading day of the year, the 30th and 31st are weekends, and then the New Year's Day is ushered in, and the stock exchange in Japan is closed for three consecutive days. Of course, the Nikkei futures bulls and bears, who have just broken out into a fierce battle, also have a truce for three days!

During the three-day truce, the market was very calm, but investors knew that it was just calm before the storm...... On the day the stock exchange reopens, a storm will sweep in.

Inside a traditional Japanese clubhouse.

"Kono-kun, today the bears in the Nikkei futures market suddenly broke out, desperately sniping at the Nikkei index to break through 40,000 points, what do you think about this?"

"It's a shame that we didn't break the 40,000-point mark. But the adversary also paid a heavy price for this, and I roughly estimated that at least a billion dollars were lost. 39,999 points, breaking through the 40,000-point mark on the first trading day of the next year, is a breeze! The opponent consumes a billion dollars, but it is only a moment's delay, and it can't change the overall situation! Kono said with a smile.

Call.

The middle-aged man in a kimono sat on his knees, looking at the optimistic Kono very calmly, his face showed a heavy look, he took a deep breath, and said, "Breaking through 40,000 points, it's easy?" No, I don't think it's that simple, don't you think the power of the bears who suddenly came out in the afternoon is too strong? We have carefully prepared and invested tens of billions of dollars, but we can't crush the shorts......"

"President, what do you mean ......?" Kono asked suspiciously.

Then.

A man walked outside, handed over a document, and then bowed out.

"Whew. Kono-kun, it seems that we are in trouble......" After reading the information just obtained, the president of Mitsubishi Bank said with a heavy face. There was no detailed explanation, and the intelligence materials were handed directly to Kono.

This.

Kono's eyes widened as he read the intelligence materials, as if he was shocked. The intelligence data is the information of the trading account that sniped the Nikkei index in the afternoon, and contains the trading history of the past few weeks. It was found that although these accounts suffered a lot of losses, they had no record of closing positions, and even continued to build up short positions. This afternoon alone, these trading accounts added nearly 300,000 short contracts.

"Quantum Fund, Magellan Fund, Tiger Fund, RTM Fund, as well as investment funds controlled by investment banking giants such as Goldman Sachs, Salomon Brothers, Citigroup, UBS, etc...... Well? There are also more than thirty unidentified mystery trading accounts! Kono muttered in shock.

"That's right. There are a total of 106 trading accounts, and the minimum amount of funds raised is more than $500 million! Said the president of Bank of Mitsubishi. Judging from this intelligence information, well-known international hedge funds and American investment banking giants are involved in shorting Nikkei futures. Do you think he won't be worried?

Suddenly.

Kono's face changed as if he remembered something important. Said: "President, do you remember the banquet Tang Bao held a few months ago?" At the beginning, some people speculated that he used the banquet to raise funds and secretly planned a big operation. Although we don't have a board representative and don't know the details of the operation, Phoenix Investment Group made billions of dollars in gold futures earlier, and this money has not been used! ”

"Do you suspect that Tang Bao was also involved in shorting Nikkei futures?" The president of Mitsubishi Bank looked at Kono in disbelief.

Well.

Kono nodded solemnly, he had been in contact with Tang Bao and knew more about him. Know that the other party will not let go of any opportunity to profit. Now that the Nikkei stock market is so hot, and the eyes of global capital are focused on it, Tang Bao has no reason to ignore the Japanese stock market.

"Hey, those mystery trading accounts. Find out for me as soon as possible. In addition, investigate what special actions or abnormalities have been made by Phoenix Investment Group recently, and where is Tang Bao? Without any hesitation, the president of Mitsubishi Bank hurriedly called and ordered.

Night falls.

Neither the president of Mitsubishi Bank nor Jiro Kono left. Been waiting for news.

"President, I just got the news that Catherine Fund is controlled by the Prime Minister of Star Investment, a subsidiary of Phoenix Investment Group. There are also three trading accounts suspected to belong to Phoenix Investment Group. "It was clear that the president of Mitsubishi Bank was waiting, so as soon as he found out the information, he immediately called to report it.

"Huh? Aren't all the funds under Phoenix Investment Group named after the word Phoenix? Could it be mistaken? The president of Mitsubishi Bank asked in a deep voice. In his heart, he didn't want to see the name of Phoenix Investment Group appear on the short side of Nikkei futures.

"President, the message is absolutely accurate! Catherine Fund is managed by O'Brien, the star investment manager of the asset management department of Phoenix Investment Group, because he was a senior investment manager of Merrill Lynch before he moved to Phoenix Investment Group. The name of the fund was not named after his wife, as was customary, but O'Brien decided to name it after his wife. It is said that O'Brien personally invested 10 million dollars in the Catherine Fund alone......"

"Well, I see." Said the president of the Bank of Mitsubishi. "What about Tang Bao's whereabouts, is there any news......?"

"Well, there's no news yet. A few months ago, Tang Bao was kidnapped and attacked in New York, and his whereabouts became more secretive and low-key. However, there is news that he has gone on vacation to Singapore, and we have contacted the Singapore branch to follow up on the investigation. After a pause, he continued: "President, there is news from Singapore that Nikkei futures on the Singapore Financial Exchange have also been strongly suppressed...... The volume of Nikkei futures has skyrocketed. ”

Put down the phone.

The president of Mitsubishi Bank had a solemn face and said, "Kono-kun, there are indications that Phoenix Investment Group is also involved in shorting Nikkei futures. If nothing else, we have another strong opponent...... Whew, it looks like we're going to face a tough battle next. ”

"President, now Quantum Fund, Tiger Fund, RTM Fund, Magellan Fund, Goldman Sachs, Citigroup, Salomon Brothers, and the famous Phoenix Investment Group on Wall Street are participating in the war. With so many heavyweight capital predators, I am afraid that we will not be able to support it alone, and it is not a wise choice to forcibly confront them. While the opponent hasn't made a move yet, why don't we ...... Why not close the position? The more Kono spoke, the lower his voice became.

Because he knows very well what it means for Mitsubishi Bank, as the main force of the bulls, to close its position at this critical juncture.

Syllable.

As soon as the word "close" was spoken, a loud big ear scraper was thrown over. "Yaga. Closing a position? You came up with such a stupid idea! Mitsubishi Bank disarmed and surrendered at this critical moment, do you understand the consequences? Yes...... Bastard. Do you want Mitsubishi to be a sinner in Japan? ”

"Please stop being angry."

In the face of the sudden outburst of anger from the president of Mitsubishi Bank. Kono didn't dare to resist anything, so he could only bow deeply and show greater respect. He understood that the president of Bank of Mitsubishi was thinking not only about his own interests, but about the economic interests of Japan as a whole. This is worthy of his respect.

But.

Kono is really worried that in the face of the menacing international capital predators, the Mitsubishi consortium insists on resisting and may be buried together.

But he knew that nothing he said would help, so he could only keep his mouth shut and stop mentioning the matter of "closing the position".

Call.

Kono was timid before he fought. The president of Mitsubishi Bank was angry, even more disdainful, waved his hand and said: "You go back by yourself first, I need to think calmly about countermeasures." ”

What about international hedge funds and American investment banking giants, and what about the Phoenix Investment Group on Wall Street? You are strong, and the Mitsubishi consortium is not bad, even stronger.

Let alone.

The Mitsubishi Foundation will not fight alone, and the future of the Japanese economy is at stake, and several other Japanese foundations will not sit on the sidelines......

Wait for Kono to leave. The president of Mitsubishi Bank is constantly on the phone, and he needs to communicate more carefully with other consortia to discuss countermeasures.

Japan's six major consortia urgently held consultations, and the financial predators of the United States were not idle. Although it is not as well-organized as the Nippon Foundation, communication is very frequent. Especially after the unexpected outbreak of the war, both sides knew that a bloody battle would very likely start on the first trading day of the next year. Advance deployment is required.

"Jingle Bell ......"

The moment the phone rang, someone not far from the microphone quickly answered. "Hello?"

"The senior management of the six major consortia met urgently overnight...... Well, well done. The news is timely. Oh, I believe that in the afternoon battle, the opponent has already discovered our existence. Unfortunately, it was discovered too late and we all accumulated enough short positions. The hook-nosed man smirked.

Hang up the phone.

Immediately, the hook-nosed man quickly dialed the phone again and said, "Hey, old man, how are you ready, we will face a tough battle next." The top leaders of Japan's six major consortia met overnight, and according to their barbaric behavior in the past, it is very likely that the other party will gather a large amount of funds and forcibly crush them! ”

"Ha, brute force will always work, the key is to rely on the brain. Rest assured, I've already raised $5 billion on my side, and more than a dozen hedge funds of various sizes are following me, adding up to $3 to 4 billion. The other party laughed.

"That's good."

"Hi George. How much do you plan to invest in this operation? The hook-nosed man contacted Soros and asked bluntly. He noticed that the quantum fund, although it participated in the short Nikkei futures, only had a pitiful position of more than 3,000 lots, so he had doubts.

"As you can see, the investment is not very large." Soros said.

"Uh......"

The hook-nosed man was stunned for a moment, doubting whether Soros's words were reliable, but thinking about it, he felt that there was no need for the other party to lie. Immediately. "George, it seems that you don't have the courage and courage to make a comeback. Believe me, this is a great chance for revenge...... Think about it, and don't complain afterwards that I didn't remind you. ”

"I will." Soros responded lightly and hung up the phone.

Scold.

Listening to the busy sound of the phone, the hook-nosed man smiled helplessly, and secretly sighed that Soros had planted a big heel in the Japanese market, and he was really afraid.

In fact.

In 1987, Soros believed that there was a huge bubble in the Japanese stock market, and shorted a large number of Japanese stocks, resulting in a once-in-a-lifetime fiasco, and the Japanese stock market has been bullish until now. While touting the imminent collapse of the Japanese stock market, he also made a high-profile statement that the US stock market would be strong. Unfortunately, the reality is often cruel, and the result is exactly the opposite of his prediction. The U.S. stock market crashed in '87, while the Japanese stock market was strong. This year, Soros's quantum fund lost nearly 40%.

And one more interesting thing.

Esη”« Kong's Kohl Fund is very fond of contradicting Soros, and as a result, in 87 the Kohl Fund stepped on the corpse of the Quantum Fund and made a profit of up to 70%.

With such an unforgettable experience, it is no wonder that Soros is afraid of the Japanese stock market, and he is also afraid of falling twice in one place.

……

"Boss, a call from President Horst!" Kate took the phone and hurriedly walked over and reminded.

"Huh?"

Tang Bao frowned slightly. At this time, Horst should be very busy, how could he suddenly take the initiative to call. I was puzzled, but I answered without any hesitation.

"Boss, Citi approached me and wanted to join forces to short Nikkei futures!" Horst said directly. "I noticed that Citi already has a lot of short positions on its own, and coming to United at this time may be an intention to use the huge influence of Phoenix Investment Group to suppress the Japanese stock market."

"Huh. I don't rule it out! Oh, by the way, how much money does Citibank invest, and where does it come from? Tang Bao asked suddenly.

"There should be a position of one or two billion US dollars, and the funds are all trust funds under Citibank, which are entrusted by customers, not their own funds." Horst Road.

"Hoo ......"

Hear the words.

Tang Bao suddenly breathed a sigh of relief, and secretly said that it would be good. He knows that with the spread of the U.S. savings and loan crisis, Citi will also be in a desperate situation, and he is really worried that Citi will rely on shorting Nikkei futures to make a lot of money and solve its financial difficulties. In that case, his plans for Citibank would have been aborted.

Nor can he give an account to Alwaleed......

"It's just pure trust funds and there is nothing to worry about, Citibank can only get commissions, even if it works well, the commission sharing ratio is high, at most hundreds of millions of dollars, and it is only a drop in the bucket to solve Citibank's financial dilemma." Thinking of all the details, Tang Bao smiled smugly.

"Citibank is looking for you to join forces at this time, probably looking for you to save your life. Citi has been short Nikkei futures for a long time, and now that the Nikkei has risen to 39,999 points, they must have suffered serious losses and are under tremendous pressure to call for margin. Tang Bao said with a smile.

"Then a direct refusal?" Horst was well aware of Tang Bao's plans for Citi.

"No, promise to come down. Now that the Japanese stock market is in the global spotlight, Phoenix Investment Group has been staying out of the way, which is not normal. I believe that soon some people will notice the layout of our Japanese stock market, and they will not have to continue to hide it......" Tang Bao said.

If he had the chance, he wouldn't mind killing Citi. But Tang Bao knows that the Nikkei futures long and short war is about to break out, even if he refuses to join forces with Citigroup, it makes no sense. Because, he is very sure, the Nikkei index will collapse next.

Instead of meaningless suppression, it is better to be a favor, show favor to Citi's senior management, and pave the way for him to take a stake in Citi next! (To be continued......)