Rebirth: My 80s

Chapter 921 Another richest man emerges

In the "small black room" of the Hong Kong Overseas Trust Bank's branch in Japan, Old Sun looked a little embarrassed, and it was difficult for him to argue that the responsibility was not his.

It must be admitted that although their bank ranks among the top three in Hong Kong and is quite famous in many Southeast Asian countries, it is only a third-rate bank in Japan, which has a developed economy and many local banks.

Some businesses can only be said to exist, but the scale - even these two words are not easy to use to describe it, it is really pitifully small, such as the securities business.

Facing the big big big boss sitting on the sofa, Lao Sun smiled awkwardly and said: "You want so many U.S. debt securities, we really don't have them."

Li Jiankun: “Hmm?”

Old Sun immediately rescued him by saying, "But you can borrow it!"

Li Jiankun: “Yeah.”

He finally convinced the young hero and his wife last night and was about to start trading, but you said there was no stock...

Since his own bank has securities business in Japan, Li Jiankun certainly plans to operate the next two transactions in his own bank.

This has three benefits:
1. It can save a considerable amount of handling fees.

2. No need to pay a high deposit.

3. Even if you use high leverage, you don’t need to worry about your positions being forced to close due to the securities company’s aggressive operations.

Old Sun bowed slightly and made a gesture to leave: "I'll go right away?"

Li Jiankun glanced at him and said, "What are you waiting for?"

He pointed at the young hero and his wife who were sitting at the desk and looking sideways at them:
"I didn't see the rice being put into the pot."

"Yes, yes." Old Sun rushed out of the room, not daring to delay for even a moment.

He has a lot of troubles in his heart but can't express them. This really poses a problem for him.

He couldn't understand the boss's tricks.

If you say you are going long on the Nikkei Index by 500 million US dollars, it is still understandable, after all, the Japanese stock market is in a good situation now.

However, it is relatively stable. Normally speaking, there is no possibility of a sharp increase in the short term.

Almost all economic experts and financial investors think so.

So, even if a large long position on the Nikkei Index will not succeed, the possibility of loss is not great, and the final result will most likely be just a loss of transaction fees.

And because the bank is owned by the big boss, the fees can be reduced to a minimum, except for the interest paid on borrowed securities.

But using 500 million US dollars to short US debt... Lao Sun is really a little confused.

The US dollar, as the only currency in circulation in the world, is stronger than twenty-year-old boys and girls.

In addition, the United States often issues treasury bonds with high interest rates, which are in short supply in the market. Almost every time U.S. Treasury bonds are issued, they will lead to a rise in the U.S. Treasury bond index.

Are you going to short it significantly?
Or is it a 500 million US dollar deal?
What's going on?

What a pity, I am a nobody, how dare I question the big boss's decision? Besides, the two experts who came back from Wall Street didn't say anything, so I had better keep it to myself and do whatever they ask me to do.

This is also the reason why Lao Sun has a headache:

As we all know, whether you are long or shorting stocks, you are essentially playing with futures.

It is not difficult for the big boss to go long on the Nikkei Index. He can just buy the futures contract now and sell it after the price goes up.

However, shorting U.S. Treasuries is not that easy. You need to first get a batch of U.S. Treasury securities and then sell them according to the current market conditions.

The big boss’s capital is 500 million US dollars.

Be prepared to use the highest leverage.

The amount of U.S. Treasury securities needed exceeds 10 billion!

Does this mediocre securities department of a third-rate bank look like it has tens of billions of U.S. Treasury securities in inventory?
After Old Sun left, only Li Jiankun and Wu Yingxiong were left in the office.

Wu Yingxiong: "Brother Kun, can you take it easy? I won't advise you to stop shorting the dollar, but can you please stop adding leverage?"

Feng Xiaowan: "Don't increase leverage so much, it's simply... scary."

It is worth mentioning that the maximum leverage ratio in stock trading is not consistent and fixed all over the world, but depends on the regulatory policies of different countries and regions, as well as market conditions.

In addition, there are differences in different eras.

The highest leverage in this era is usually much higher than that in later generations.

Li Jiankun decided to be more assertive: "I know my limits."

Wu Yingxiong: “…”

Feng Xiaowan: "..."

The two were very suspicious.

Brother Kun’s short-selling strategy on U.S. debt looks like a “suicidal” act to anyone, let alone them.

……

……

In order to get the goods as quickly as possible and not make the big boss wait anxiously, Lao Sun did not go to look for the heads of small banks at the same level with whom he had some relationship.

Now, he arrived at the headquarters of Dai-ichi Kangyo Bank in Tokyo.

This is the largest commercial bank in Japan.

It is currently one of the top ten banks in the world in terms of assets.

In 1986, next year, it will become the world's number one.

When Lao Sun found the head of the securities department of Dai-Ichi Kangyo Bank and entered a meeting room with him, in another meeting room not far away, there was a man of similar age to Li Jiankun who was in a very different situation.

This person's surname is also Sun.

"I'm really sorry to disappoint you, both of you. You trusted me so much and invested in me when I first entered the business world. I'm always grateful. Now that the business has failed, the only thing I can do is to prevent you from suffering any losses."

The young, already somewhat beaten-up man handed the two remittance slips he had just processed to the two persons in charge on the opposite side with both hands.

At the same time, my heart is bleeding.

He knew that this amount of money was nothing to the two major investors.

But this was all the money he had, including a 600 million yen loan from the Dai-Ichi Kangyo Bank.

Some people say he is stupid.

Since it is an investment, there are of course risks.

It is normal to make a profit or a loss, and there is no need for him to return the investment.

He didn't explain it to those people.

Those people didn't understand his ambitions either.

He is powerless to change the situation after this business failure. If he does not return the investment, with such a criminal record, will anyone be willing to invest in him in the future?
He would never give up his business because of a failure.

Another thing is to understand what these two companies are.

Toshiba and Fujitsu.

And their background.

Mitsui and Fuji.

Two of the four major Japanese chaebols.

This made them unhappy. The young man thought that it would become extremely difficult for him to have a place in the Japanese business world, and the efforts he would have to make in the future would definitely not be measured by the investment money he was returning now.

Kitahara Sosuke, senior vice president of Toshiba Group, raised the remittance slip in his hand and smiled warmly:
"You didn't have to return the money. Your business was not doing well and you suffered losses. You have done this, which shows your credibility. You are a young man worth associating with. I believe we will have opportunities to cooperate in the future."

Fujitsu Group's Senior Vice President Yoshino Hideshi took over the conversation:
“To be fair, the main responsibility for this business failure is not yours. The reason why we invested in your project and why Cangjie and I personally showed up is that we value it and it’s also an attempt.

"Now it seems that it's not that you can't make a career in software, it's just too early, in this era when computers are far from popular. You're moving too fast, why not try to step back a little and lay a solid foundation. I'm almost certain that you will have a chance to succeed in the future."

It is not difficult to see that both of them admire this young man very much.

Even though they failed in this business deal, they still did not look down on each other.

Anyone who starts playing with software and has creative results is definitely a great talent. What is even more valuable is that this person is not an ordinary technician, but is very knowledgeable about the ways of the world, or business.

Have IQ and EQ.

For a young man in his twenties, there are too many opportunities to soar to success in his future life.

This was one of the reasons why the two of them not only came to meet him in person, but also did not put on airs.

They all believed that this young man would become a big shot in the future.

The young man listened carefully, memorized every word, bowed and expressed his gratitude.

At this moment, footsteps were heard outside the door, accompanied by surprise:

"Are you sure you want to borrow 10 billion US dollars..."

Hey!
It is hard not to be shocked when hearing the figure of 10 billion US dollars.

The young man was dumbfounded. He wondered, who could borrow so much money from a bank?
Even if it is Dai-ichi Kangyo Bank, does it have so much US dollar reserves?

Even Kitahara Sosuke and Yoshino Eiji subconsciously opened their eyes wide.

Especially Kitahara Sosuke, he had some connection with Dai-ichi Kangyo Bank, so he stood up from the brocade sofa chair, waved away the secretary who came over to take his orders, went to the door himself, opened the red oak door, and looked outside.

I saw the securities manager of Dai-ichi Kangyo Bank and a slightly plump middle-aged man walking hurriedly along the aisle towards the elevator, most likely to find higher-level executives of the bank.

The movement of Kitahara Sosuke also caught Lao Sun's attention. While waiting for the elevator, he subconsciously turned his head to look around...

"Who is this?" A voice came from beside Kitahara Sosuke.

Yoshino Eiji also came to the door at some point.

The current situation is that if they can recognize the slightly plump middle-aged man, it would be fine.

It would be strange if I didn’t know him.

Hundreds of billions of dollars, even if Dai-ichi Kangyo Bank had it, they couldn’t think of anyone who could have this credit line…

At this time, Kitahara Kurasuke came to his senses: "Oh, what he wants to borrow is not cash, but securities."

Yoshino Eiji: "How big of a difference is that?"

That's so much money.

As for the difference, the nature is still different.

Kitahara Sosuke didn't argue, his attention was still on Old Sun, and as he looked at him, he felt that he seemed a little familiar...

"You must be from a certain bank. One of our clients is speculating in securities, and we don't have enough securities on hand." A voice came from behind the two men.

Even so, Kitahara Sosuke and Yoshino Hideshi were still itching to get involved. A securities business worth tens of billions of dollars was definitely a huge deal. They didn't know how the other party would play it. If they invested in the stock market using conventional means, the entire Japanese stock market would be shaken.

Nowadays, which rich person doesn’t trade in individual stocks?
The stock market is doing so well.

Even companies like Toshiba and Fujitsu have a routine practice of investing idle funds in the stock market.

This is considered inside information.

For both public and private reasons, both wanted to know the details of the situation.

This was not a difficult matter for Kitahara Sosuke.

The predecessor of Dai-ichi Kangyo Bank was the oldest bank in Japan, which was jointly funded by Mitsui and Ono, two money exchange shops (pawnshops) in 1873. To this day, the Mitsui Group still holds a considerable stake in it.

As we all know, Toshiba Group is affiliated to the Mitsui Group.

Brother unit.

"I'll come as soon as I go."

Kitahara Sosuke left after saying a few words.

About a quarter of an hour later, he returned to the reception room with a strange look on his face.

Facing the inquiring looks from Yoshino Eiji and the young man, Kitahara Sosuke did not hide anything and said in a strange tone:
"Someone is planning to short sell US Treasury bond futures worth $12.5 billion. The man just now is the president of Hong Kong Overseas Trust Bank. Their bank can only raise $2.5 billion at most, and they are going there to borrow $10 billion in securities."

blind!
Yoshino Eiji: “Short selling?”

Young man: "You added a high leverage, right?"

Kitahara Sosuke nodded: "Twenty-five times."

That is the ultimate leverage.

Yoshino Eiji was shocked, his lips moving in and out, and after a long while, he finally said, "Are you crazy?"

Shorting the US dollar is not uncommon, and there are all kinds of bizarre operations in the stock market.

But shorting $12.5 billion and using 25x leverage...

Only people with holes in their brains would do this.

What's the difference between this and giving it away for free?
The young man thought about it and said, "Theoretically, if the U.S. debt rises by 5%, the other party will lose everything."

You know, U.S. Treasury bonds often rise.

The US fiscal deficit has been rising year by year. Washington has no money, and issuing treasury bonds is the best way to raise money.

If you want people to buy it and want to buy it again, you naturally have to show some sincerity.

Washington often does this by raising interest rates.

Once such positive factors for the market emerge, the U.S. Treasury bond index will most likely rise, even before the Treasury bonds are issued.

Kitahara Sosuke looked at Yoshino Eiji and said, "This guy is either crazy or he is just daydreaming."

The two people's eyes intertwined, and they could both see two words in each other's eyes: greed.

Natural greed.

Just imagine, a huge piece of pie fell from the sky and landed right at their feet.

Will you pick it up or not?

Yoshino Eiji patted the sofa next to him and said excitedly: "Kurasuke-kun, come and sit down."

It's not just these two companies. Nowadays, any company in Japan that has spare money will invest in the stock market. Since they have to invest anyway, why not invest in this deal which is both profitable and has sufficient profit?
I don't know who it is, but he is ignoring the financial rules, trying to go against the will of heaven and dreaming of a great future.

They did the opposite, took the pie, went long on U.S. debt, and bet against the other side.

The possibility of a sudden surge in U.S. debt is obviously a hundred or even a thousand times higher than a sharp drop!
The two of them had a good personal relationship, so they got together and happily discussed the matter.

The pie was so big that it would be difficult for any of them to swallow it.

If the two sides join hands and perhaps get some help - they are not short of "brothers and friends", this can be accomplished.

The young man listened to their conversation silently, while his brain, like a sophisticated machine, retrieved all kinds of useful information from the "hard drive" and conducted massive analysis, trying to get the answer to a question -

Is there a possibility that U.S. Treasury bonds will plummet recently?
Before he got the answer, the young man thought of other things.

Hong Kong Overseas Trust Bank has been in the limelight recently.

They had just helped the new real estate tycoon Tsuruta Nakamura to take over Seibu Real Estate from Yoshiaki Tsutsumi, making Arisui House Co., Ltd. a "land warehouse."

There are rumors that there is a mysterious boss behind Tsuruta Nakamura.

Could this operation have come from this person?

Otherwise, why would such a big business be handed over to a third-rate bank?
If this is true, this issue cannot be viewed simply.

Anyone who can make Yoshiaki Tsutsumi surrender and "cut flesh" is definitely not an ordinary person, and it is even more impossible for him to play house with 500 million US dollars.

Now at first glance, they thought the other party was crazy, or perhaps it was just because there were some things they simply didn't see through.

"Both of you."

The young man couldn't help but say: "This matter shouldn't be that simple. It involves a lot of money. You need to think twice before you act."

Kitahara Sosuke glanced at him sideways, as if saying: Are you teaching me how to do things?
The young man bowed slightly to indicate that he didn't dare.

Kitahara Sosuke smiled and said, "You worry too much. We can't treat someone who can come up with 500 million US dollars as a fool. We will also investigate whether there is any trick in this matter."

The young man sighed secretly. He thought, it’s not a question of whether there is something fishy in this matter, but the US debt may really plummet, but they just haven’t seen through it.

Obviously, Kurasuke has no doubt about his judgment of the stock market.

At this time, Yoshino Eiji looked at the young man with a smile: "Do you want to participate?"

The young man immediately expressed his gratitude. He thought that the other person was willing to take him out to play, which meant that they thought highly of him. Then he smiled bitterly and said, "You know, I don't have much money right now..."

This is the truth. After all, in order to repay their investment, I borrowed some money from the bank.

However, if the young man really needed money urgently, he would be able to raise some quickly. He also had several patented technologies, and some people had already expressed their intention to purchase them.

The main reason was that he was worried and didn't want to play.

He has also advised those who should be advised.

Given the identities of the two people opposite him, if they really want to make a decision, it is not something he can influence at all.

……

……

Li Jiankun waved his hand to interrupt Lao Sun. Now that the securities were obtained, he had to be busy trading with the young hero and his wife. Time waits for no one.

I really don't have time to care about other things.

"What exactly do you want to say? Simply put, explain it clearly."

Old Sun scratched his head and said, "Don't you think that the 10 billion US dollars of securities were cashed out too quickly?"

Li Jiankun glared: "I don't know the efficiency of the Japanese securities industry in this regard."

Old Sun smiled awkwardly and said, "When I went to Dai-ichi Kangyo Bank before, I met a few people there. I recognized two of them right away. They were executives from Toshiba and Fujitsu."

Only after hearing the names of Toshiba and Fujitsu did Li Jiankun begin to take some interest.

Toshiba is Japan's largest semiconductor manufacturer.

Fujitsu is Japan's largest computer manufacturer.

He never forgot the ultimate purpose of coming to Japan.

To put it bluntly, both of these group companies have what he wants.

"Go on." Li Jiankun said.

"I suspect that when I was walking along the corridor with the people from Dai-ichi Kangyo Bank, some of the things we were talking about were heard by them, that..."

Li Jiankun felt a headache: "Stop hesitating, just say what you want to say."

Lao Sun: "From a conventional perspective, your behavior of shorting US debts must have been a far-sighted strategy..."

Li Jiankun rolled his eyes.

Lao Sun: “It’s like he can’t wait to pay the money.

"If someone with the will and the ability takes it seriously, I'm afraid—"

"He will find a way to bet against me." Li Jiankun interrupted him.

Old Sun nodded vigorously.

Li Jiankun suddenly laughed: "Come on, let them gamble, it's the same for me, if the US debt goes up, I lose, if the US debt goes down, I earn.

"If I really lose, it doesn't matter who I compensate."

This is true, but Lao Sun felt very uncomfortable with the feeling of being suddenly targeted by a wolf, and he felt it necessary to report it to the boss.

Li Jiankun waved his hand, signaling him to get busy.

Without waiting for Lao Sun to say goodbye, he left.

Boom boom boom!
There was a knock on the door.

Old Sun's secretary came to look for him, and seeing Li Jiankun was there, he said in English: "There's a gentleman outside looking for you, saying that he met you once before at Dai-ichi Kangyo Bank."

Old Sun was startled and subconsciously looked at Li Jiankun. He thought, he came to my house...

Behind Toshiba and Fujitsu stand the two major chaebols of Nippon Benzene, who most likely want to take advantage of their power to ask for information about the short sellers.

Li Jiankun and Lao Sun thought of the same thing.

He had a playful expression on his face. Since the other person had come to him, there was no harm in meeting him.

After all, they were Toshiba and Fujitsu, and they had the goods he wanted...

Li Jiankun informed Old Sun, who then told his secretary, "Bring it here."

About five minutes later, the door was knocked again and the secretary led someone in.

When Lao Sun saw the person coming, he was shocked. He was neither from Toshiba nor from Fujitsu. He did have a chance to meet him before, but he was just an unknown person who worked behind the people from Toshiba and Fujitsu who he had met at Dai-ichi Kangyo.

However, when Li Jiankun saw this peer, he subconsciously wiped his eyes.

He thought, isn't this a coincidence?
The richest man in Japan in the 1980s was just defeated by him.

The richest man in the 1990s died because of him.

Now, another one pops up after the millennium...

(End of this chapter)