Rebirth Tokyo 1986

Chapter 336 Fund Liquidation
The Spring Festival holiday was coming to an end and Masato Takeshita had to leave China. The employees of Xinghai Capital were about to return to Tokyo, and he needed to make preparations in advance.

"How's it going? Did you have fun?"

"Well, the scenery is really beautiful, no wonder so many people like to go there."

Kamoto Takashi liked the tropical natural scenery of Hawaii very much and was thinking of buying a villa there to live in during the winter when he retired.

"What about the other employees?"

"The rest of the staff. Well, I can't say I like them all, but at least I don't dislike any of them."

There are indeed a few employees who don’t really like going out to play and often hide in their houses reading comics and the like.

But this kind of behavior is only a minority. Most of the time, everyone is happily playing in the water and basking in the sun outside.

"That's good, as long as no one hates it."

After the two of them briefly chatted about the daily scenery of traveling, Masato Takeshita asked casually.

"The company shouldn't have any work arranged for you today, right?"

"No, everyone just came back from traveling and hasn't made up their minds yet. I'll let everyone chat in the company, or play ball or games."

"Well, that's good. Don't arrange any work for tomorrow. Let's continue to let everyone adjust their mood in the morning, and we'll sign a new agreement in the afternoon."

Xinghai Capital has already formed a routine before doing big things.

First, sign a confidentiality agreement, then go on a trip abroad to relax. Later, sign a stricter agreement, and give everyone a two-week vacation after the matter is over.

At that time, you can go wherever you want to play, or you can stay at home as a whole.

"Understood. I'll make arrangements."

Kamoto Takamasa's expression turned serious and he responded seriously to his president.

"Ah, very good."

Masato Takeshita nodded slightly, then turned and asked, "Is Kikuno-san resting?"

"Well, the US stock team he is in charge of is taking a break."

"That's good. Only by keeping well rested can we achieve good results."

The U.S. stock team led by Shinji Kikuno is the most tired staff of Xinghai Investment, because the main transactions take place in the United States, which requires working day and night.

However, although the work is very tiring, they earn more than others. The salary alone is 1.5 times that of the same position, and the bonus is even more exaggerated.

Of course, Xinghai Group’s employees already have a relatively easy life. Many private equity hedge fund employees only have a few hours of sleep a day.

Because most hedge funds like to allocate assets globally and engage in high-frequency or short-term trading, they need to be kept an eye on at all times.

Two days passed quickly, and the seven funds operated externally by Xinghai Fund and one fund in cooperation with Goldman Sachs began liquidation transactions.

"Intel sold 30000 shares."

"Texas Instruments sold 50000 shares."

"Motorola sold 25000 shares."

Because there are too many stocks to trade, Xinghai Fund always sells at least 10000 shares each time.

At the same time, in order to maximize profits, traders will repurchase a small number of stocks from time to time.

The basic operation is as follows,

When the stock price is high, sell as many stocks as possible to cash out. When the stock price is low, buy stocks in small quantities and multiple times to push up the stock price. Wait until the stock price rises to a suitable position before selling.

Repeat similar operations over and over again.

In the end, every day's transactions basically involve more selling than buying.

For example, if you sell 500 million shares and then buy 200 million shares, you will successfully sell 300 million shares throughout the day, thereby safely cashing out the stock profits bit by bit.

Masato Takeshita listened to everyone's stock trading operations and gave serious instructions: "First, focus on selling Wal-Mart's stock. This company has been falling."

Perhaps it was because it had risen too much before. In the past year, Walmart's revenue and profits have continued to grow, but its market value has been declining, by almost 20%.

However, Xinghai Group bought it in 89 or 90, so the increase is still more than three times.

"Hi!"

In fact, there have been calls within Xinghai Capital to sell Walmart for a long time, but Masato Takeshita has never made a transaction due to considerations of the company's overall strategy.

But since the decision has been made to complete the fund liquidation operation, it is natural to first sell the loss-making assets to create a better-looking profit and loss statement.

As for Walmart's shares, he will use independent funds of Xinghai Life and Xinghai Technology to buy a 10% stake.

Anyway, even if we continue to lose money this year, we can make it back next year or the year after.

In the long run, Walmart is even better than Buffett's favorite Coca-Cola.

In addition to Wal-Mart, there are other loss-making projects in the fund. They are all minor problems, because they rose too much before they were digested.

Overall, Xinghai Fund has almost no losses in its stock investments.

This is not only due to Masato Takeshita's super memory, but also to the economic recovery of the United States after the 90s.

The U.S. stock market is closely related to economic development. When the economy improves, a stock bull market will follow.

As long as you don't invest in emerging companies recklessly, buying them basically means making money.

Of course, companies like Walmart are among the unlucky few.

If you can hold on, you will have a chance to make money. If you don't hold on and sell, you will lose a lot.

Stock trading is actually very boring. After watching it for a while, the young man couldn't help but ask Kikuno Shinji.

“How many times the profit do we get from selling Coca-Cola now?”

"Our total holding cost is about $4.5, and now we have sold it for a little more than double the profit."

The two fastest growth periods for Coca-Cola stock were from 88 to 90 and from 94 to 97.

Although there was growth from 90 to 93, the progress was relatively slow.

But it doesn’t matter. Xinghai Capital will buy more when the fund reopens, thereby benefiting from the growth of Coca-Cola.

"It's barely acceptable, as long as I can make money."

"Yes, it is normal for stocks in traditional industries to grow slowly, and our fund also needs stable investment in these stocks."

In addition to Coca-Cola, the young man also asked about a series of traditional industry stock businesses including PepsiCo.

Overall, the performance was good, at least outperforming the market.

As for the fund's main source of profit, it still depends on emerging industries.

The simplest example is Microsoft, which had a market value of 94 billion US dollars at the beginning of 300 and was still growing.

Soon he will surpass a number of traditional semi-monopoly giants and ascend to the world's number one throne.

Of course, the rapid growth of stocks also makes them very difficult to buy. Therefore, many technology company stocks held by Xinghai Fund are ready to be traded to sister companies in the final stage of liquidation.

In this way, when the fund reopens, it will be able to quickly own enough technology stocks.

Of course, some of it has to be sold as well.

On the one hand, the pie is too big for the sister companies to take, and on the other hand, it is also to avoid being besieged if they eat alone.

After Microsoft's stock price skyrocketed, the company's founder Bill Gates continued to sell his shares.

Xinghai Fund is a foreign company, so it naturally cannot afford to attract too much hatred.

After this reorganization, Xinghai Capital will have an overall holding of 20%.

The Xinghai Group, including Takeshita Masato's personal assets, will hold 10% of Microsoft's shares. Hedge funds after the reopening will also hold 10% of the shares.

Although it is still a bit much, it is no longer so eye-catching.

Of course, Xinghai Capital will continue to trade in the following days, and the final share maintained will be lower.

As for concealing it completely, don't even think about it.

As long as the stock is operated, there will be traces. Small financial companies can hide it because no one cares about it. Large financial companies hide it for a year and it is considered not serious. The daily trading time of a single exchange is relatively short, and it is lunchtime before you know it.

Of course, it was late at night here in Tokyo.

The company's employees stretched their bodies, pulled out their stools, and prepared to eat a little to fill their stomachs.

There are transactions in the second half of the night. Eating too much will make you sleepy, and not eating will distract your attention.

As for Masato Takeshita, he returned to his office at Xinghai Investment long before the stock trading ended.

He is a leader and makes his employees uncomfortable.

Speaking of which, young people have always suspected that salad culture is a conspiracy propaganda by employees of financial companies.

Because stock trading is a very meticulous job, we can’t eat much at noon. We basically just eat some fruit or a vegetable salad.

I can’t eat well at noon, so everyone should stop eating and just eat vegetables.

Almost half an hour later, Masato Takeshita reappeared in the company's stock trading hall.

"Let's go play a few games together?"

"Okay, I have no objection."

Masao Nagasawa, one of the three giants of Xinghai Capital, readily agreed, and then started a Street Fighter battle with his president in the game room.

"What role do you want to play?"

"Of course it's Chun-Li. Male players should use female characters."

Masao Nagasawa spoke righteously, with an indescribable sense of pride on his face.

"Okay, you're right, but I still want to vote for the police."

The policeman should be considered one of the most handsome characters in Street Fighter. His unique villain image, background and story give him a unique charm.

"You're still playing the police. I have to teach you a lesson today."

"Humph, stop bragging."

Both of them are noobs, so they often do things that make people laugh.

But in a battle game, the most important thing is not strength, but being on par with your opponent. Whether you crush or get crushed, it's not very interesting to play.

Of course, things were different after the ranking system was introduced in later generations.

In pursuit of higher scores and ranks, many players wish to easily crush their opponents in every game and happily gain high scores.

While playing, Masato Takeshita suddenly shouted.

"Look at my lightning dragon drill."

"Tsk, good fellow, you're playing dirty tricks on me. Luckily I'm smart."

The young man did not use an electric drill, but a scissor-shaped knife.

However, Masao Nagasawa responded to the changes with the same attitude. He did not choose to jump up to suppress, but blocked on the spot.

"Don't you know that deception is acceptable in war?"

The young man was a little unhappy that his opponent didn't fall for it.

"Very good, in that case, I will have to exert my strength."

Having said that, in reality, he just did a Hundred Ripping Kick and his operation was still very poor.

The two fought intensely for more than twenty rounds, and Nagasawa Masao began to lose energy.

The young man also noticed this and said simply, "I'm a little tired, let's play Three Kingdoms."

"Thank you for your care, President. I am old now and my physical strength is not that good."

People have to accept the fact that they are getting old. Even someone like Masao Nagasawa who exercises regularly does not have as much energy as those young people who stay at home all year round.

Taking the simplest task of staying up late as an example, Azai can easily stay up for several nights, but he really can't do it.

Masato Takeshita did not respond, but simply asked: "Which character do you want to play?"

"Zhuge Liang, this operation is a bit simpler."

"Okay, then I'll play Zhang Fei."

After selecting the character, a very classic introduction of intercepting the river to save A Dou appeared in the game, followed by jumping into the cabin.

Yes, the two of them were playing the "Romance of the Three Kingdoms" which later became popular all over China, not the earlier "Records of the Three Kingdoms".

This is a game remade by Xinghai Game based on the memories of youth. Although there are some differences, the operation is very smooth and fun.

Of course, the most important thing is that this version of "Romance of the Three Kingdoms" is also very popular outside of China.

However, the popularity of a game has more to do with time.

Because arcade games had not yet completely declined at this time, there were still a large number of loyal users around the world.

Unlike the 21st century, even Japan, the home base of arcade games, is on the decline.

Why does Sega, which makes a lot of money in the arcade game field, always insist on competing in the console game market?
It is because they saw the trend of the decline of arcade games and wanted to successfully transform again.

Unfortunately, it failed in the end.

However, Sega had a rich foundation, and its transformation was half successful in the end. At least it did not go bankrupt like Kodak and other companies.

In addition, the hot sales of games are also related to the strength of the production company.

Large companies have mature sales channels, so they naturally have an advantage over small companies and individuals for the same game.

Unless your game is unique, like Minecraft or PlayerUnknown's Battlegrounds.

Horizontal scrolling games are not as exciting as fighting games and are very suitable for two people to play.

Especially Masao Nagasawa, every time he reaches the final boss, he is as powerful as thunder and lightning, calling the wind and rain.

Soon, the lunch break was over.

"continue?"

"continue."

Anyway, neither of them had any official work to do, so they might as well just play until they finished the game happily. Although the two of them had received the coins early, it didn't matter at all.

The two people here were having a lot of fun, and the employees who were walking towards their workstations over there couldn't help but show envious expressions.

"That's great. I also want to play games at work."

"Didn't you do the same thing the day before yesterday?"

"That's different. The day before yesterday was no different from the rest."

The friend touched his friend's arm.

"Okay, when you get promoted to vice president, you can play games during work hours."

"Okay, let's work towards being able to play games freely."

As he spoke, he clenched his fist and placed his hand in front of his temple with a serious look on his face.

If you don’t know, you might think he is preparing to do something big.

Soon, the two successfully defeated Cao Cao with their excellent coin-operated tactics.

"It's comfortable, and the level-breaking game is more fun."

"Indeed, fighting games are too tiring."

Interestingly, the arcade game market has been dominated by fighting games. However, in the field of PC and console games, level-clearing games are the absolute mainstream of the market.

Especially in this era when cars, guns and balls have not yet fully emerged, level-breaking games can even determine the success or failure of the console war.

(End of this chapter)