Rebirth of the Financial Overlord
Chapter 71 Kicking off
The Ministry of Finance, the competent department of finance, taxation, and finance of the Nihong government.
What concept?
There are 9 bureaus in the Ministry of Finance, including the Minister's Office, the Bureau of Accounting and Accounting, the Bureau of Main Taxation, the Bureau of Customs, the Bureau of Wealth Management, the Bureau of Securities, the Bureau of Banking, the Bureau of International Finance, the Bureau of Mint, and the Bureau of Printing.
It is in charge of the Ministry of Finance, the Ministry of Taxation, the Central Bank and the Securities Regulatory Commission, insurance and so on!
This is the Ministry of Tibet.
As the executive president of the Ministry of Finance, Ichie Yasuno's order is the imperial decree in the market. Once, he made the collapsed neon stock market go up and down with a single phone call.
But this time, Ichie Yasuno made a very difficult decision.
On the same day, all commercial banks of RB received a decision notice from the Ministry of Finance.
The market interest rate has been lowered from the current 6 percent to 2 percent.
Cumulative decline of 4%.
This decision made major financial institutions ecstatic.
Since Kazuo Yasuno took office, the major financial institutions and financial markets of Neon have been under tremendous pressure, because as soon as Yasuno Kaichie took office, he announced that he would burst the bubble in the Neon economy and raise the interest rate from one percent in a row To six percent.
Capital is the pursuit of profit.
The 5% interest rate hike caused a lot of hot money in the market to roll into the bank and fell asleep.
This makes the major financial institutions very painful.
The greater the liquidity, the greater the activity of the market. When liquidity decreases, market activity will decrease.
All the money goes to the bank to sleep, and the market liquidity is bound to be frustrated, which immediately affects the direction of the securities market.
It was also because of this decision that the neon stock market plummeted by more than 2,000 points on the first day Yasuno took office.
Under the slump, the quotas of major financial institutions in securities assets have been greatly affected, and even affected the reputation of banks. Neon's second-largest local credit union, Chiba Credit Union, declared bankruptcy, and Pacific Bank ran simultaneously with eleven other smaller banks.
The stock market also fell to 20,000 points.
Well now, a one-time reduction of interest rates by 4% to release the liquidity of the yen, this super positive is bound to ignite the securities market again.
Buy buy buy.
As long as there is buying, buying, buying, everyone can make money.
However, after receiving the second document from the Ministry of Finance and Economics, the executives of the major commercial banks couldn't laugh anymore, they just felt a bone-chilling chill.
Reduce the current mortgage loan ratio and increase it to 75% at one time.
What's the meaning?
It can probably be interpreted as reducing the loan reserve for real estate to the original 25%.
Mitsubishi Bank, Office of the Vice President.
Fuchuan Zhongjiro held the document from the Ministry of Finance for a long time without thinking.
He felt cold all over.
In recent years, Erling Bank's investment in real estate is not a small amount, and it is precisely because of the profits in real estate that the profits of Erling Group have been able to grow geometrically every year.
but now
All of a sudden, the loan reserve was reduced by 75%, which is no different from canceling the mortgage.
The Ministry of Finance is giving up the real estate industry.
The crisis, the terrible crisis made Fu Chuan Zhongjiro's hands tremble.
It is conceivable how housing prices will react once this private operation is exposed. Previously, major companies jointly responded that the Ministry of Finance was unwilling to lower the interest rate, but now there is such a large reduction
Tomikawa Nakajiro already understood why.
This is to set up a buffer zone. At present, real estate prices have stagnated. If the news of reducing the mortgage reserve requirement spreads, you can know the consequences without thinking about it.
Residents will give priority to disposing of real estate in their hands, the performance of real estate companies will fall to freezing point, and listed real estate companies will face huge sell-offs in the market. Given the weight of real estate companies in the securities market, it is likely to trigger a series of unmanageable chain effects.
Lowering interest rates to release part of the liquidity will form a buffer effect.
But, will this buffer really work?
Tomikawa Nakajiro didn't know.
He only knew that the real estate could not be kept.
Reluctant, suspicious, frightened.
But in the end, Tomikawa Nakajiro could only sigh.
NTT was listed in the first two years, with a surge of 400,000 yen on the first trading day, and it had risen to 3.18 million yen on April 22. At that time, everyone thought that NTT was a special gift from the government to shareholders, but now, it has already broken.
With a drop of 40%, those retail investors who subscribed have become NTT's receivers.
"hehe!"
Fuchuan Nakajiro laughed at himself unconsciously, and he recited silently in his heart.
"Run for your life! Fang Nujun! Run for your life, stock market receivers."
Compared with Fuchuan Zhongjiro's self-mockery, Changchun Shangshuimaru, the president of Erling Bank, is not so thoughtful.
Since the Ministry of Finance notified the major institutions first, it means that a choice has been made.
For the sake of the big picture.
Of course, fear is also fear, but after the fear, Harukami Mizumaru picked up the phone on the table. As the adopted son of the Erling family, he has the responsibility to solve the family's problems first.
"I'm Chun Shang."
"The real estate can't be kept, so sell it as soon as possible."
"hey-hey!"
"."
After hanging up the phone, Harukami Mizumaru picked up the phone again and gave instructions to all the supervisors of the bank.
"Stop all loans related to real estate. You heard it right, everything, everything. Ba Gaya, don't you understand? Stop all mortgages, and do as I say."
"."
There are never any secrets in the world.
The day after the non-public execution documents of the Ministry of Finance came out, those who should know would naturally know about them. Of course, the public execution documents should be known to everyone.
The thirty-sixth floor of Hikawa Building in Chuo-ku, Tokyo.
Shen Jiannan put his legs straight on the desk, shaking the swivel chair under his buttocks from time to time.
Cutting interest rates to 2 percent would be interesting.
At times like this, Yasuno cut rates, unless he wanted the neon to explode in place.
Certainly not for this reason.
Yizhong Yasuno wandered around the Northeast when he was young. This kind of guy is all about the power of the empire, so there is only one possibility. Now he has no choice but to abandon his car and save his life.
Shen Jiannan raised his eyebrows involuntarily.
Neon is a complex full of contradictions. Most of the time, they are cautious, conservative, and prudent, but sometimes they will be hysterical and extremely crazy, and once the madness is over, they will return to their nature.
As a defeated country, Ichie Yasuno should have realized something.
Shen Jiannan picked up the cigarette from the table, took a puff and turned it over on the table casually.
The table is full of newspapers from major media.
There are not only local neon companies, but also major media organizations around the world.
Interestingly, many media reprinted Li Daxiao's article, and even printed the cover intact.
But Shen Jiannan didn't make any arrangements for this matter at all.
"You really want to use me as a gun!"
As the initiator of the first plan, Shen Jiannan didn't have any clues in his heart.
Obviously, this is someone who wanted to short Nihong and used him as a weapon by the way. If there is no arrangement behind those media, it is impossible to reprint the article by Li Daxiao.
Certainly not the Neon Man himself, no. The Neon Man is also possible.
But what does it matter!
Anyway, it was Li Daxiao who scolded him, so he probably didn't care.
Gently exhaling a puff of smoke, Shen Jiannan glanced at the computer monitor on the desk.
The slightly dim and dazzling computer displays red, green and green candlestick charts.
OSE Nikkei 225.
It can be seen that from February after the year to the present, the Nikkei index has been ranked between 26,000 and 27,500 after a rebound.
In this regard, market experts believe that Yizhong Yasuno's district leverage plan has stabilized the market, and the neon economy has repaired the previous deviation.
Everyone knows that if you believe what the brick family says, then there is something wrong.
Pressing out half of the cigarettes in his hand, Shen Jiannan picked up the encrypted satellite phone and dialed out.
"William. It's time for your wonderful show."
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