Rebirth 76: Industrial Internet Empire

Guo Kexin and Li Heping did not have to wait for a long time. It only took three working days for HSBC headquarters to review and approve the equity financing application entrusted by Zhiyuan Consulting to Qianhai Asset Management.

Using 45% of Zhiyuan Consulting's equity as collateral, it obtained a loan line of 360 billion yen from HSBC Tokyo Branch with an annual interest rate of 6.28%.

At this time, the exchange rate of the US dollar against the yen was 1:240. Following Yang Mo's instructions, Guo Kexin signed a one-year reverse hedging contract with HSBC Tokyo Branch after receiving a 360 billion yen loan, converting the 360 billion yen into Loans valued at $1.5 million.

If Yang Mo's memory is correct, the exchange rate of 1:240 should be the second highest point of the US dollar-yen exchange rate in recent years.

Yuanda Capital, Qianhai Asset Management, Linco Investment, Matrix Partners International, and Qicheng Venture Capital, these seemingly unrelated offshore companies, fully acquired a number of local small-scale investments in Tokyo, Osaka, and Yokohama within a month. company.

With the promulgation of the new version of the "Foreign Exchange Law", such acquisitions are almost commonplace in Japan. Many such small-scale investment companies were originally established to leave acquisitions to foreign-funded companies. They provide one-stop services from registration, employee recruitment, and opening of trading accounts for a fee. Prices range from 50 to 500 million yen.

After a series of acquisitions, the shadow of Zhiyuan is almost invisible in these local related investment companies. Li Heping, Lin Guohua, Liang Adi and others are in charge of these secondary investment companies.

All preparations were in place. After receiving a call from Guo Kexin, Yang Mo flew to Tokyo with Lin Xi.

79 5 Month 16 Day.

In Chuo-ku, Tokyo, the hall of the Tokyo Stock Exchange was abuzz with people.

The Tokyo Stock Exchange, like the Hong Kong Stock Exchange, still relies on manual trading. Traders write the buying and selling information on the blackboard in the exchange lobby, and then manually match investors with trading intentions to complete the transaction and go through the delivery procedures.

After the market closed in the morning, trader Yoshio Hayakawa, who had been busy all morning, wiped the sweat from his forehead, tugged on the sleeve of his colleague next to him, and asked curiously: "Yoshimori-kun, did Sumitomo Metal Mining announce the What’s the big news? Why are there so many buying orders today?”

Ji Senxin nodded and said: "Yes, I'm surprised too? But I haven't heard any news?"

Hayakawa Yoshio Sakura muttered: "How strange! The trading volume suddenly increased tenfold, and the price also rose from the opening price of 835 yen to 892 yen per share..."

When the market opened at midday, Sumitomo Metal Mining continued to receive a large influx of buying orders, and the price quickly exceeded the thousand-yuan mark, advancing rapidly.

For two consecutive days, Sumitomo Metal Mining’s trading volume exceeded 100 billion yen, and its stock price soared to around 1100 yen.

After the third trading day, due to serious reluctance to sell in the market, Sumitomo Metal Mining's share price continued to climb to 1180 yen, but trading volume fell sharply.

In just a few days, Sumitomo's stock soared by more than 40%, and the precision manufacturing sector and mining and metallurgical stocks related to it also began to show changes, becoming the targets of various capital pursuits.

This kind of sector linkage is very common in the bull market. If you can't catch up with the leading stock, you will grab other stocks in the same sector. This is also the preferred operation method of small and medium-sized funds. If others eat meat, I can follow and drink soup, right?

However, without the driving force of large funds, it is difficult to start sector linkage. The speed of the train depends entirely on the front of the train, especially in the stock market.

After a week of sideways adjustments, Sumitomo Metal Mining's stock price stabilized above 1170 yen.

On May 5, Yang Mo took action again. From 26 downwards, he continued to place large sell orders every ten yuan or so. In less than half an hour, Sumitomo Metal Mining took a sharp turn and fell to around 1170 yuan.

Ten minutes before the market closed in the morning, the staff followed Yang Mo's instructions and placed three consecutive large selling orders in descending order. The stock price fell to 10 yen again, and the integer mark of 1020 yen per share was in danger.

After the market closed in the morning, panic began to spread in the hearts of Sumitomo Metal Mining stock holders...

After the start of midday trading, after the violent washout in the morning, Sumitomo Metal Mining's profit-making orders fled one after another, and the stock price turned all the way down.

However, in this situation of trampling on each other and fleeing, there was very little buying, and some of the related accounts of Qianhai Asset Management also began to suffer book losses.

Guo Kexin also began to feel uneasy. She really couldn't understand why she would deliberately smash the market since she had decided to hold Sumitomo Metal Mining for a long time, causing the stock price to plummet.

Guo Kexin saw that Yang Mo was still sitting firmly on the Diaoyutai. Based on her understanding of Yang Mo, the current scene of trampling on each other and escaping should be part of his plan.

After three consecutive days of sharp declines, Sumitomo Metal Mining has fallen below 700 yen, and Qianhai Asset Management's book losses have become increasingly serious.

Yang Mo turned to look at Guo Kexin and whispered: "It's almost time. Take advantage of the dips and take back all the chips that have been smashed in the past few days..."

Guo Kexin agreed, walked out with a happy face, and gave new instructions to Li Heping and the others.

Sumitomo Metal Mining's stock price finally stopped falling and fluctuated repeatedly in the 700-760 yen range.

It took five days for the Qianhai Asset Management-related account to finally get back all the chips that had been lost in the market.

What excites Guo Kexin is that although there is still a slight loss on the books, the shareholding cost of Qianhai Asset Management-related accounts has dropped significantly.

Yang Mo explained with a smile: "The benefit of shock accumulation is not only to reduce the cost of holding shares, but more importantly, to increase the turnover rate and facilitate subsequent operations!"

Although Guo Kexin graduated from a prestigious university with a major in finance, her trading level in this era is still far from what it would be 40 years later. With her intelligence and understanding, she may be able to become a very good leader of large funds in many years. , Yang Mo's ruthlessness and insight beyond this era are what Guo Kexin lacks most.

The easy-to-understand explanation of the turnover rate is that after the banker has finished cutting a crop of leeks, he washes the chips, and a new group of people comes in to continue cutting. Otherwise, it will always be a group of followers whose holding costs are similar to yours, and the leeks will not be cut. The banker himself has become the bearer of the sedan chair!

Losing the chips in the air, leaving the market in a panic, and finally the receiver standing guard on the top of the mountain... Each of us laughs at their mysterious operation in our hearts, but in the end most of us cannot escape this fate. This has nothing to do with IQ. , it is human nature to worry about gains and losses, and the banker’s wealth code is to grasp and use your emotions...

These three types of investors are the dealer's favorite leeks, and every penny they lose ends up in the pockets of the dealer and the exchange.

Yang Mo stared at the changing stock prices on the blackboard in the exchange hall, suddenly turned to look at Guo Kexin, and said in a deep voice: "Let's get started! Proceed as planned..."