Chapter 666 The Bubble Bursts (Update, please give me a monthly ticket)
Hong Kong.
In the office.
Liu Tao is looking at the earnings, with a smile on his face.
He made a big profit, and the earnings are enough to offset the 300 billion yuan he spent on highways and high-speed railways.
He is also the main force in shorting the Nikkei stock index this time!
However, it is not so obvious after being divided into thousands of accounts. It is far less eye-catching than those large international investment institutions. In order to attract customers, those large international investment institutions make a big publicity after winning the battle, fearing that the whole world will not know about it. Liu Tao chooses to be low-key, make money in a low-key manner, and get rich in a low-key manner.
If the Japanese want to hate, they hate Wall Street in the United States and those large international investment institutions, not him.
As for seeing newspapers and TV reports that people jump off buildings every day, Liu Tao has no guilt at all.
How can a Chinese feel guilty about making money from the Japanese?
If there is guilt, it will only be guilt for not making more.
Liu Tao issued an order to put most of the money in the pocket and leave only a part of the money in the Japanese stock market.
With such a large sum of money, even though he also believed that the Japanese stock market was still some distance away from bottoming out and rebounding, and he remembered that the Japanese stock market bubble burst this time, and it fell for several years, but he still chose to put the money in his pocket.
Don't make the last penny!
Just keep a small part of the money.
Then most of the money that is put in the pocket belongs to the group, and a small part belongs to them personally.
However, it takes a certain amount of time for the funds to flow back.
As for what the economic experts said, the Japanese stock market will soon pick up, Liu Tao sneered at this argument.
Because in his memory, this wave of Japanese stock market bubbles was completely burst, which opened up Japan's loss of ten years, twenty years, thirty years, forty years, and even fifty years.
The consequences of the bursting of the stock market bubble this time are very serious.
The first bad consequence is the unprecedented depression of the securities industry, the trading volume of the stock market will be greatly reduced, and those securities companies that mainly rely on earning transaction fees to survive will be unable to make ends meet, and the operating deficit will become larger and larger, thus going bankrupt one by one.
The second consequence is the collapse of the bubble economy, which has hit Japan's real economy. During the bubble expansion, private equipment investment and residential investment had been saturated, and the growth of government investment had reached its limit. After the bubble burst, the economic situation took a sharp turn for the worse, and equipment investment stagnated immediately, corporate inventory increased, industrial production declined, and economic growth slowed down. Small and medium-sized enterprises were in a difficult situation, and unemployment increased. As a result, even real estate was not spared. After the bubble burst, it is foreseeable that the decline in Japanese real estate prices will at least fall by half.
The third consequence is a sharp drop in foreign securities trading volume. Japan's long-term capital surplus will be a watershed, and it will dramatically change from a capital exporting country in the 1980s to a capital importing country. Due to domestic capital constraints, many Japanese tertiary industry companies that expanded overseas in the 1980s withdrew their funds and fled.
The fourth serious consequence is also a long-term consequence. When companies enthusiastically turned to direct financing to make a lot of money, banks could not stand the loneliness. Risky companies and non-bank financial institutions eventually became the main financing targets of the banking industry. The collapse of the bubble indirectly led to a crisis in the banking industry, which is also one of the most difficult problems for the Japanese government to solve.
It is foreseeable that when the stock market hits the bottom, Japan will experience a long bear market.
If Japan's real economy is still strong and there are no challengers, then relying on the huge annual surplus of Japan's real economy, Japan's economy will turn around.
But the problem is that Japan's real economy is not so strong anymore. Japan's trade surplus has continued to hit new highs in recent years. There are two main reasons. One is inertia. The previous investment and brand effect have made this inertia allow Japan to continue to have a trade surplus; the other reason is that the rapid depreciation of the US dollar has caused the unit price of goods to rise rapidly. With the same amount of goods sold, the trade volume will naturally rise.
In fact, China is developing very fast, and the economic growth rate is very scary.
Since the reform and opening up, the annual economic growth rate has never been lower than double digits, and there has even been a terrifying growth rate of more than 20%.
It's just that the data released to the public has a fast growth rate, but it's not that scary.
If you go to China in person and observe carefully, you will definitely find something fishy.
Unfortunately, at this time, there will be no professionals in China to observe and investigate carefully.
The export volume of Chinese goods has grown horribly, and is occupying the global market. In fact, the market share of Japanese goods is declining every year, and the decline is very fast.
Unlike Japan, whose main market is in the European and American markets, China's market is global, including the European and American markets, the markets of the vast third world countries, and the markets of the Soviet Union and the Warsaw Pact countries.
It is precisely because of the rapid growth of export trade that China has continuously imported oil, iron ore, copper ore, grain, etc. that shipping companies in Hong Kong currently have amazing profits, just because of the freight from the mainland.
Japan has suffered a lot of losses invisibly, and another country has also suffered losses invisibly, that is, South Korea.
The Han River miracle in South Korea suddenly came to an end in the 1980s. The development of the shipbuilding industry did not grow as fast as expected, and South Korea's foreign trade exports were not satisfactory.
So much so that Thailand has been eyeing it covetously, and from time to time publicly stated that South Korea is not worthy of being listed among the "Four Asian Tigers" and Thailand should replace South Korea and enter the "Four Asian Tigers".
It can be said that with the rapid development of China, Japan has no chance, and it is difficult for South Korea to develop further.
When China develops to a certain stage, it will be a real crusher. Relying on the advantages of scale industry and labor cost, it is enough to make other countries that want to become industrial countries despair.
An industrial country with a population of more than one billion is a very terrifying thing to think about.
As long as it keeps a low profile for ten years, no one will be able to stop the revival of China.
After Liu Tao dealt with the matter, he left the office and went to the conference room to hold a meeting.
In the conference room, there are some people who are known to many people in Hong Kong and are big bosses. Some people are unknown, but they are real big bosses with great power.
For example, the senior party officials of each large company are rarely reported in the news, but these senior party officials are no less powerful than the general manager and chairman. At critical moments, they can even exercise a veto.
It’s just that because Hong Kong implements the one country, two systems policy, senior party officials are more engaged in party building work, developing party members, and doing work at the party level, so they are not very famous outside.
Liu Tao convened this meeting to coordinate the time of the shareholders' meeting of various listed companies to be held in the middle of the year, so as to coordinate his own schedule and announce the time of the shareholders' meeting to the public. In addition, he also determined what to do at the shareholders' meeting, including the dividend plan.
Some listed companies may not pay dividends for the time being in order to better operate, or even issue additional shares to raise funds from the stock market, but those with good profitability and good profits should pay dividends.