Rebirth without Regrets

Chapter 55 Taking advantage of the situation

"Master Han, did you have any big plans for rushing me back this time?" After settling Chen Yaxin's matter, Zhu Jianjun looked relaxed, but he couldn't control the doubts in his heart and asked eagerly.

As usual, it was always Leng Binghan who made big moves, and many details could not be explained clearly on the phone, so he was asked to fly back to Xichang to explain in detail. Zhu Jianjun also enjoyed it every time, he wanted to see what Leng Binghan would do again.

What kind of myth can he create again? Secondly, he also owns 5% of the company's shares. After each harvest, his assets are also increasing. Although it is not as good as Leng Binghan, it is still considerable even in the world.

Presumably no one has trouble with money.

Leng Binghan's net worth exceeds 4 billion, and Zhu Jianjun himself has assets of more than 200 million U.S. dollars, which is nearly 1 billion yuan when converted into RMB. In just four years, he has gone from a penniless poor boy to a

A tycoon with assets of nearly 1 billion, this is almost a fantasy, and only by following Mr. Han can it become a reality.

"Of course there are big moves," Leng Binghan asked slowly, "How much funds can the company mobilize at present?"

Zhu Jianjun was overjoyed when he heard this. This is definitely a big move. It turns out that no matter what he does, Leng Binghan has never asked this question before. He thought for a moment and quickly said: "There are now more than 3 billion in the U.S. futures market.

We have already cashed out, and we can allocate at most a few hundred million more from other places to make up 4 billion. If we want more, we must sell the stocks of the three major companies we currently hold."

Cisco was founded in 1984 by a couple of professors from Stanford University. In 1986, it produced the first router, which allowed different types of networks to reliably connect to each other, setting off a communications revolution. The value of the company in 1987 is not too high.

Gao, Leng Binghan exchanged 30% of Cisco's shares for less than 100 million US dollars. Both parties were happy at the time, but Leng Binghan knew that by 2008, Cisco was one of the most successful companies in the United States, with annual revenue reaching

At US$39.5 billion, it is an out-and-out gold mine.

Dell Computer was founded by Michael Dell in 1984. In 1992, it was named a Fortune Global 500 company for the first time. Dell Computer is the world's leading computer system company and the premier provider of computer products and services.

The world's largest direct-selling personal computer company, with total global turnover reaching US$32.1 billion. According to historical rules, in order to raise funds in 1988, Dell officially went public and issued 3.5 million new shares for the first time at a price of US$8.5 per share. However, due to Feiyuan Company

With strong intervention, Zhu Jianjun flew to the United States in early 1987 and invested US$50 million in Dell in exchange for 40% of Dell's shares. Dell had abundant funds, so it naturally canceled its original plan to raise funds by issuing shares on the market.

With cold foresight, Feiyuan Company not only invested in Cisco and Dell, but also in March 1988 (actually it was 1986, the plot here requires a delay of two years, please do not go into detail), Microsoft

When the stock was first publicly listed on the Nasdaq market, Leng Binghan instructed Zhu Jianjun to buy all Microsoft shares. The opening quotation was US$21 per share. In the end, Feiyuan purchased more than 30 million Microsoft shares at an average price of US$32 per share.

, with a total investment of nearly 1 billion, accounting for almost 30% of the outstanding shares and 10% of the entire Microsoft shares, it has become the third largest shareholder of Microsoft. So far, with the development of Microsoft, the stock price has risen to

97 US dollars per share. The stock appreciation exceeded 300%. From this alone, Feiyuan Company made a profit of 2 billion.

Everyone thought it was time to sell, but Leng Binghan knew that the myth had just begun.

In the previous life, it is no exaggeration to say that the entire earth was shrouded in the halo of Bill Gates. By July 16, 1999, Microsoft's stock market value had exceeded the 500 billion US dollar mark, becoming the world's largest stock market value in history.

The first company to break through the $500 billion mark. Its stock market value is close to the combined stock market value of the three largest traditional companies in the United States - Exxon, Coca-Cola, and AT&T. In fact, there are currently only 8 countries in the world

The economic scale of the United States exceeded 500 billion US dollars, and the gross national product of the United States did not reach 500 billion US dollars until 1960. Bill Gates has been sitting on the throne of the world's richest man for 4 consecutive years, and his personal wealth is only the amount he holds

The market value of Microsoft stock is approximately US$100 billion. On July 16, 1999, his personal wealth increased by US$4.7 billion. In fact, Bill Gates only owns 45% of Microsoft shares.

The stocks will be sold in ten years. By then, these 10% shares will bring more than 20 billion US dollars to Feiyuan Company. After the millennium, Microsoft has been riddled with lawsuits and its glory is gone.

The shares of these three companies are the treasures in Leng Binghan’s heart. How can he sell them now?

"Those stocks are a cornucopia and a big gold mine. The future profits will be calculated a hundred times. We must not touch them now." Leng Binghan categorically rejected Zhu Jianjun's proposal and said resolutely: "Four billion is enough. You

Go back and prepare and take someone to Japan next month."

"Go to Japan? That's great. I've wanted to go to Little Japan for a long time." When Zhu Jianjun heard this, he immediately became interested and said quickly: "This little little Japan has committed so many heinous crimes in China.

, I also want to win glory for the country."

People of their age basically grew up watching mine warfare and tunnel warfare, and their hatred of Japan is deep down in their bones. In fact, let alone Zhu Jianjun, even Leng Binghan was a complete angry youth in his previous life.

For little Japan, except for the world-famous AV, I have no good impressions. This time there is a golden opportunity, how can I miss it?

After the 1980s, Japan's foreign investment grew rapidly. In September 1985, the finance ministers and central bank governors of five developed countries, the United States, Japan, the Federal Republic of Germany, France, and the United Kingdom, held a meeting at the Plaza Hotel in New York and decided to

The government jointly intervened in the foreign exchange market, causing the U.S. dollar to fall in an orderly manner against major currencies, in order to increase the export competitiveness of U.S. products and solve the huge U.S. trade deficit, known in history as the "Plaza Accord." Since then, under pressure from the United States, the Japanese yen has

Appreciation, from the original 250 yen per US dollar to 120 yen per US dollar within a few months.

The Bank of Japan lowered the rediscount rate five times in a row, from 5.0% in January 1986 to 2.5% in February 1987, aiming to expand domestic demand through increased investment and consumption. Excess liquidity flowed into the real estate and stock markets.

The Japanese stock market began to recover slowly in 1983. In early 1984, the Nikkei Stock Average rose to more than 10,000 points. After the Plaza Accord, the stock market quickly entered a bull market. In January 1986, the Nikkei Stock Average was 13,000 points, and by September 1987 it rose to 13,000 points.

26,000 points. Even though it was hit by the global stock market crash on October 19, 1987 on "Black Monday", the rise of the Japanese stock market was not hindered. In 1988, the total market value of the stock market exceeded the GDP of that year (387 trillion yen) and reached 477

trillion yen. On December 29, 1989, the Nikkei Stock Average reached a historical high of 38,915.87 points, with a price-to-earnings ratio as high as 70.6 times. This was nearly three times that at the beginning of the bull market. The total market value of the stock market rose to 611 trillion yen.

Equivalent to 1.48 times GDP.

The huge wealth effect of the stock market has caused people to rush to buy new cars, golf membership cards, brand-name products, etc. Private consumption expenditures have increased year after year, and new housing has increased significantly. The entire Japanese island is immersed in affluence. Japan's foreign investment is also quite booming.

The annual direct investment amount increased from US$22 billion in 1986 to US$68 billion in 1989. From 1985 to 1990, there were 21 overseas mergers and acquisitions by Japanese companies exceeding 50 billion yen, including Sony's acquisition from Coca-Cola

The company's acquisition of Columbia Pictures' equity, Mitsubishi Land's acquisition of Rockefeller Center, a symbol of American wealth and power, and other cases that shocked Americans.

At that time, the entire Japanese island was immersed in unprecedented prosperity and madness. People even believed that the Yamato myth that stock prices only rose but never fell, and land prices only rose but never fell would never be broken. On January 3, 1990, "Nihon Keizai Shimbun"

When 20 famous entrepreneurs made stock market predictions, everyone was unanimously optimistic that the stock price in 1990 would continue to rise to 42,000-48,000 points.

But things went against expectations. On April 2, 1990, the Nikkei Stock Average plummeted to 28,002.07 points, a drop of 28.05% from the highest value at the end of 1989. On October 1, 1990, it dropped to 20,221.86 points, and the total market value of the stock market disappeared by 2.7 million.

More than 100 million yen. The decline in stocks also caused panic in the domestic bond market, selling stocks, and bond funds quickly flowed overseas. The Japanese financial market was in chaos with the triple depreciation of stocks, bonds, and the yen. In the autumn of 1990, real estate began to

Plunge.

The collapse of the bull market caused Japan's economic growth rate to drop from 6.0% in 1990 to 1.1% in 1992. The total market value of the stock market fell to 289 trillion yen in 1992, a decrease of 52.7% from 1989. The plummeting stock price and

Land prices have severely reduced the prices of financial assets held by residents. The negative asset effect caused by the plunge in personal financial assets has led to the contraction of consumer credit and a sharp decline in residents' consumption. In 1991, Japan's car sales growth rate also reached its first growth rate since 1981.

Negative value, national apartment sales decreased by 41.3% year-on-year, the lowest in 14 years. The decline in the stock market has caused the financial system to be in turmoil, and also plunged the Japanese economy into the "lost decade" depression period. Although the economy has shown signs of recovery in recent years, the bad

The settlement of debts did not come to an end until 2005, and the stock market also lost its glory. After falling to the bottom of 7,607.88 points in April 2003, it is still hovering at 17,000 points today, which is only equivalent to 43% of the peak of the bull market. The Japanese stock market

The great bull market came to an end with the burst of the economic bubble.

From 1 U.S. dollar to 250 yen before the Plaza Accord to 1 U.S. dollar to 80 yen in 1995, the 10-year appreciation of the yen has dealt a near-destructive blow to Japan's manufacturing industry. According to the American Institute of International Economics

In the words of Longpa Gusten, the United States wants to "let Japan cook itself in its own pot" by forcing the yen to continue to appreciate.

In June 1995, the Bank of Japan announced the number of bad debts in the banking system. In that year, Japan's 150 largest commercial banks had a total of 40,000 billion yen in bad debts, equivalent to 400 billion U.S. dollars; according to Solomon Securities in the United States,

It is estimated that the bad debt of the Japanese banking system is about 1,000,000 yen, equivalent to 1 trillion U.S. dollars. In 1980, the total bad debt of the Japanese banking system was only 1,000,000 yen, equivalent to 10 billion U.S. dollars. The bad debt ratio was only 0.5

%. In fifteen years, bad debts have increased 100 times, which shows the power of the bubble weapons of international financial forces! However, one thing must be admitted, the appreciation of the yen for ten consecutive years has not caused the yen’s exchange rate to collapse (turn around)

fell), which is enough to show how healthy the Japanese economy was before.

In order to resist the economic disaster caused by the collapse of the bubble and stimulate economic growth, the Japanese government implemented an unprecedented large-scale expansionary fiscal policy. For example, in August 1992, it invested 11,000 billion yen in fiscal funds to stimulate economic growth. In April 1993, it invested

13,000 billion yen was invested, and 15,000 billion yen was invested in 1994. Fiscal investment increased year by year, causing a sharp increase in government debt. However, every effort ended in failure.

At this time, it was less than half a year before the peak of Japan's economic bubble. It was the time when the Japanese were at their craziest. In Japan's six major cities, the price of residential, commercial and industrial land increased by double digits every year, from 1970 per square meter.

6,000 US dollars per square meter, soaring to 62,000 US dollars per square meter in 1991, an increase of as much as 10 times, setting an unprecedented record in the world. In comparison, the land price in New York City was only 1,200 US dollars per square meter.

US dollars. By the end of the 1980s, Japan's land wealth accounted for 70% of the country's total wealth. At that time, some Japanese arrogantly said: "The money from selling all the land in Tokyo can buy the entire United States." Unfortunately, this

The arrogant Japanese do not know that land prices in Japan are forced to rise by the Americans.

The fact that Japan's economic bubble can expand to this point is directly related to the arrogant mentality of the Japanese at that time. Because the basis of speculation in the stock market and real estate market is confidence. How can there be a super bubble without super confidence? Since World War II

, Japan has always been under the management of the United States, and the United States is Japan's protector, so Japan must obey the arrangements of the United States in all matters. Whatever the Americans say, the Japanese can only say "yes." Now Japan has become the largest country in the United States.

creditors, so the Japanese have reason to say "no" to the Americans. The whole of Japan is deeply immersed in the pleasure of being able to say "no" to the United States.

Four billion US dollars is a drop in the bucket for the entire Japanese economy. In other words, this amount of money is only enough to buy more than 60,000 square meters of land in Tokyo. But if you want to plan a plan, you can take advantage of the Japanese economic bubble when it bursts and make a profit.

A pen is enough.