v2 Chapter 1682： Stock market and property market three

In fact, Bao Zixuan's guess was absolutely correct. Yasushi Mie Ye became the president of the Bank of Japan ahead of schedule, and he really had a direct relationship with him. It can be said that at this moment, the fate of many Japanese has quietly changed; in fact, not only the Japanese, but also the international hot money. Funds and individuals who entered the market after the Plaza Accord, if they are still particularly greedy, it is estimated that it will be difficult for them to retreat completely.

The Bank of Japan, the central bank of Japan, is often referred to as the Bank of Japan in Japan. The Bank of Japan's main store is located in Nihonbashi, Chuo-ku, Tokyo. The representative is the president of the bank; the current president is Mie Yeyasu.

Even at night, the lights are still on in the office of the President of the Bank of Japan Office Building. In the past six months, this has been basically the case every day. At this moment, Mie Yeyasu feels a lot of pressure; it is even an unprecedented challenge in his career.

Looking at the information collected by his subordinates, Yasushi Mie, the president of the bank, wanted to curse. It is the gang of domestic speculators and the insatiable greed of the consortium, which makes the Japanese property market and stock market continue to rise, and the national currency continues to appreciate.

After the disintegration of the Bretton Woods system in 1973, global currencies moved towards the era of free floating exchange rates. The international status of the national currency has always been considered a factor affecting the competitiveness of multinational banks. With the high growth of Japan's economy, the increase of foreign trade relations, the reform of the exchange rate system and the pressure from the US government, the yen exchange rate has entered a track of continuous appreciation.

In 1970, the exchange rate of the yen was 360 yen per US dollar, and in 1988 it was 135.5 yen, an appreciation of nearly three times. The purchasing power of Japanese banks and companies in foreign investment has increased significantly. Based on the exchange rate analysis, under the background of the sharp increase in foreign exchange reserves, the appreciation of the yen and the surplus of bank funds, the increase in foreign investment income is greater than the increase in the appreciation of the yen, and the Bank of Japan is actively seeking external expansion. Roughly the same, companies can obtain funds in two currencies at will; then the currency advantage of the yen bank is small or even non-existent.

In the 1980s, neither of the above two conditions were met, and the yen had an obvious advantage. At the same time, the appreciation of the yen, especially after 1985, has led to a substantial increase in the book value of Japanese banks' capital and an increase in their international rating, which has enabled banks to obtain cheap funds and rapidly expand their overseas assets.

In the context of financial liberalization, the Bank of Japan has gradually loosened its controls; for example, restrictions on banks' participation in foreign exchange transactions and overseas institutions' provision of Euro yen loans to domestic customers have been relaxed, and international business has increased. However, the maintenance of regulatory policies such as interest rate controls and separate business operations has forced some banks to set up institutions in overseas markets, especially offshore markets, to conduct domestic restricted businesses in order to avoid controls.

Implementing interest rate control, the domestic interest rate is lower than the European and American market interest rates; it provides favorable conditions for Japanese banks to finance domestically and lend money in the United States; to allocate resources globally and to develop internationally. The protection and support of the Japanese government has eliminated the worries about the internationalization of Japanese banks. Stimulate its implementation of scale expansion strategy.

It can be said that the yen is currently on the verge of collapse. Of course, the first to be hit is the rising stock market and property market.

At this time, his secretary came in to report the situation; others might not pay too much attention to Bao Zixuan, Heiyun Group, and Blackstone Fund. After all, everyone is busy making money, and they can't take care of other institutions and individuals. Even if the other party is the richest man in the world, what does it have to do with him.

And most people think that Bao Zixuan entered the venue early; even if he withdraws now, there is nothing wrong with it, and it is normal for him to be safe. But they can't, and the cost of capital has not been recovered; how can they leave easily. Therefore, the best way now is to operate according to your own judgment. As for other things, you should put it away first.

When people are not satisfied, let alone the red eye has already been killed at this moment. At the same time, large institutions still have some confidence, assuming that there is really any trouble in the Japanese financial market; they will definitely notify in advance, at least they can get relevant news; this confidence is still good. It is estimated that even if the Japanese lose money themselves, they will not dare to harm the interests of Wall Street capital.

But Mie Yeyasu didn't dare to neglect for a moment. A year ago, the Black Cloud Group and the Blackstone Fund began selling their Japanese real estate and company stocks. Compared with the overall volume, it is not a lot; coupled with the constant injection of funds in the Japanese market, the sell-off of the black cloud system has basically no impact on the stock market and the property market.

As the president of the Bank of Japan, he has been paying attention to the situation of the black cloud companies. So far, there are too many Japanese real estate and company stocks held by Bao Zixuan's companies; even one person can determine the direction of the Japanese stock market. This is a very dangerous thing. After all, any country, especially an economic power, does not want to be controlled by one person or one company.

For black cloud companies, they have always been the focus of attention; at this moment, the secretary came to report, I believe there is some important information.

As for why Mie Yeyasu suddenly guessed that it was the Black Cloud Group; this has to admire the attitude and professionalism of the Japanese. President of the Bank of Japan, but more than one secretary. Especially before the preparation for the domestic stock market and property market, the size of the secretary team has been increased.

Among them, there is someone who is specially in charge of Heiyun enterprises, and this one is the secretary who focuses on Bao Zixuan's company.

Mie Yeyasu put down the document in his hand and said very seriously: "Miyagi-kun, is there any emergency?"

The other party has already got off work, and he came to the headquarters at this time, but it was unusual. If there is no emergency, it is impossible to come back so late. After all, this kid just got married, it's time for the newlywed Yaner, you and I!

Besides, he usually doesn't need everyone to work overtime with him; as long as he can do his job well, Mie Yeyasu's management of his subordinates is still very humane.

The man called Miyagi didn't show much surprise, as if it wasn't unusual for the boss to guess that there was an emergency. Ability is one aspect. The most important thing is that he also graduated from the University of Tokyo. The two are alumni; they are very familiar with each other. Guessing your inner thoughts is normal.

Where there are people, there are rivers and lakes, and the same is true in the Bank of Japan. After becoming the vice president of the Bank of Japan, because the president Sumita Tomochi is basically not responsible for managing specific affairs; and the signs are already very obvious, the next president can basically be determined to be Mie Yeyasu.

Then there is no need to be polite, at least you need to cultivate a group of your own people. The University of Tokyo itself is one of the best universities in Japan, recruiting Tohoku University students to work in the Bank of Japan, outsiders can't find any faults at all. Take care of alumni without violating the principles; why not do it!

Therefore, in recent years, when Japanese banks recruited new employees, their instincts tended to lean towards the University of Tokyo. It can be said that the current core team of the bank basically has the background of the University of Tokyo.

After becoming the bank's president, the proportion of graduates from Dongda University, the core management of the Bank of Japan, has been further increased. It can be said that at this moment, Yasushi Mie Noya is absolutely right at the Bank of Japan; of course, he is also preparing for the bursting of the stock market and property market bubbles. There is not a group of people who are completely their own, UU reading www. The poor execution of uukanshu.com is one aspect; the most important thing is not one heart, and it is easy to leak secrets.

Miyagi Thirty-Eight said without any hesitation, "Boss, the Black Cloud Group Bao Zixuan has arrived in Japan and is currently in a secret base of the Blackstone Foundation outside Tokyo. Of course, it can't be considered a secret, but it has not been announced to the public."

"At the same time, the top executives of the Blackstone Fund are there, and it seems that there will be some action."

Bao Zixuan came here at this time, which means that the visitor is not good. Smashing the bubbles in the Japanese stock market and property market is easy to say, but very difficult to operate. If you don't care about anything, then it's easy. But to abandon the car and protect the handsome, and at the same time not allow Wall Street capital to lose too much; you need to be fully prepared!

In fact, the predator Mie Yekang wanted to trap the most was Bao Zixuan, but he didn't know what this kid was thinking; maybe he was naturally cautious, or maybe he noticed something wrong; he even started selling real estate and stocks a year ago. What's more, after cashing out, it will be transferred out as soon as possible, and there will be no stop at all.

Tokyo has always advertised a free financial market. Of course, it will not deliberately withhold funds from foreign companies; that is to smash its own brand. What's more, the other party's tax payment is not less than a cent, and there is no fault at all. It is not particularly clear how much money was invested at the beginning, after all, many of them were obtained through patent exchanges. But now, it has definitely appreciated several times; that is to say, the cash-out in the past year has been able to do without losing money.

And what is even worse is that most of the assets are still appreciating in their hands; Bao Zixuan can take at least one-tenth of the dividends of the Japanese economy, which may be a conservative estimate.