Reborn in Hong Kong: The Tycoon Grows Up

In fact, Bao Zixuan's guess was absolutely correct. Mie Noyasu became the president of the Bank of Japan ahead of schedule, which was directly related to him. It can be said that at this moment, the fate of many Japanese people has quietly changed; in fact, this is not only the case for Japanese people, but also for international hot money. If the funds and individuals who entered the market after the Plaza Accord were particularly greedy, it would be difficult for them to escape unscathed.

The Bank of Japan is the central bank of Japan, often referred to as the Bank of Japan in Japan. The Bank of Japan main store is located in Nihonbashi, Chuo-ku, Tokyo. The representative is the president of the bank; the current president is Mie Yeyasu.

Even at night, the lights are still on in the president's office in the Bank of Japan office building. This has been the case almost every day in the past six months. At this moment, Mie Yeyasu feels very stressed; it is even an unprecedented challenge in his career.

Looking at the information collected by his subordinates, Mie Yeyasu, as the president of the bank, wanted to curse. It is the insatiable greed of domestic speculators and financial groups that has caused the Japanese property market and stock market to continue to rise, and the national currency to continue to appreciate.

After the disintegration of the Bretton Woods system in 1973, global currencies moved towards an era of free floating exchange rates. The international status of national currencies has always been considered a factor affecting the competitiveness of multinational banks. The Japanese yen exchange rate has entered a track of continued appreciation due to Japan's high economic growth, increasing foreign trade ties, exchange rate system reform, and pressure from the U.S. government.

In 1970, the Japanese yen exchange rate was 360 yen per US dollar, and in 1988 it was 135.5 yen, an appreciation of nearly three times. The purchasing power of Japanese banks and enterprises for foreign investment has increased significantly. Based on exchange rate analysis, in the context of a large increase in foreign exchange reserves, appreciation of the yen, and excess bank funds, the increase in foreign investment income is greater than the increase in appreciation of the yen, and the Bank of Japan is actively seeking external expansion. Based on an interest rate analysis, it is assumed that the cost of Japanese yen funds and the U.S. dollar interest rate are Roughly equivalent, enterprises can obtain funds in both currencies at will; then the currency advantage of the Japanese Yen Bank is very small or even non-existent.

In the 1980s, neither of the above conditions were met, and the Japanese yen had a clear advantage. At the same time, the appreciation of the yen, especially the sharp appreciation of the yen after 1985, led to a significant increase in the capital book value of Japanese banks and an improvement in international ratings; it allowed banks to obtain cheap funds and rapidly expanded overseas assets.

In the context of financial liberalization, the Bank of Japan gradually relaxed controls; for example, it relaxed restrictions on banks' participation in foreign exchange transactions and overseas institutions providing Euroyen loans to domestic customers, and international business increased. However, the maintenance of regulatory policies such as interest rate controls and separate operations has forced some banks to set up institutions in overseas markets, especially offshore markets, to carry out domestic restricted businesses in order to circumvent controls.

Implementing interest rate controls, domestic interest rates are lower than market interest rates in Europe and the United States; this provides favorable conditions for Japanese banks to raise funds domestically and lend in the United States; allocate resources globally and develop internationally. The protective support of the Japanese government has eliminated the worries of Japanese banks in their internationalization. Stimulate its implementation of scale expansion strategy.

It can be said that the Japanese yen is currently on the verge of collapse. Of course, the first to be affected will definitely be the rising stock and property markets.

At this time, his secretary came in to report the situation; others may not pay too much attention to Bao Zixuan, Heiyun Group, and Blackstone Fund. After all, everyone is busy making money, and they don't care about other institutions and individuals. Even if the other party is the richest man in the world, what does it have to do with him?

And most people believe that Bao Zixuan entered the market early; even if he withdraws now, there is nothing wrong with it, and it is normal to be safe. But they can't. The capital cost has not been recovered yet; how can they leave easily. Therefore, the best way now is to operate according to your own judgment, and as for other things, let it go first.

When people are not satisfied, let alone at this moment, they are already red-eyed. At the same time, large institutions still have some confidence. If there is any trouble in the Japanese financial market, they will definitely notify them in advance and at least get relevant news. This is still a point of confidence. It is estimated that even if the Japanese lose money themselves, they do not dare to damage the interests of Wall Street capital.

But Mie Yeyasu didn't dare to neglect for a moment. A year ago, Black Cloud Group and Blackstone Fund began to sell off their real estate properties in Japan and the company stocks they held. Compared with the overall volume, it is not a lot; coupled with the continuous injection of funds into the Japanese market, the selling of the black cloud series has basically no impact on the stock market and property market.

As the president of the Bank of Japan, he has been paying attention to the situation of black cloud companies. So far, Bao Zixuan's companies hold too many Japanese real estate and company stocks; even one person can determine the direction of the Japanese stock market. This is a very dangerous thing. After all, any country, especially an economically powerful country, does not want to be influenced by one person or company.

Heiyun companies have always been the focus of attention; now the secretary comes to report, I believe there is some important information.

As for why Mie Yeyasu immediately guessed that it was the Black Cloud Group; this has to be admired by the Japanese people's attitude and professionalism. The president of the Bank of Japan has more than one secretary. Especially before preparing to take action on the domestic stock market and property market, the size of the secretarial team was increased.

Among them, there was someone who was specifically responsible for the Heiyun-type enterprises, and the secretary in front of him was the secretary who focused on Bao Zixuan's companies.

Mie Noyasu put down the document in his hand and said very seriously: "Miyagi-kun, is there an emergency?"

The other party had already gotten off work, and it was unusual for him to come to the headquarters again at this time. If there was no emergency, it would be impossible to come back so late. After all, this kid just got married, and it’s time for the newlyweds to have sex with each other!

Besides, there is no need for everyone to work overtime with him; as long as they can do their jobs well, Mie Noyasu still manages his subordinates very humanely.

The man named Miyagi didn't show much surprise, as if he wasn't surprised at all that his boss guessed that there was an emergency. Ability is one thing, but the most important thing is that he also graduated from the University of Tokyo. The two are alumni; they are very familiar with each other. It's normal to guess your inner thoughts.

Where there are people, there are rivers and lakes, and the same is true in the Bank of Japan. After becoming the vice president of the Bank of Japan, because President Satoshi Sumita is basically not responsible for managing specific affairs; and the signs are already very obvious, the next president can basically be determined to be Mie Yeyasu.

Then there is no need to be polite, at least cultivate a group of your own people. The University of Tokyo itself is one of the best universities in Japan. When recruiting Tokyo University students to work at the Bank of Japan, outsiders cannot find any fault at all. We take care of our alumni without violating our principles; why not!

Therefore, when Japanese banks recruit new employees in recent years, their instinct is to lean towards the University of Tokyo. It can be said that the current core team of banks basically all have backgrounds in the University of Tokyo.

After becoming the president of the bank, the proportion of Tokyo University graduates in the core management of the Bank of Japan has been further improved. It can be said that at this moment, Mie Yeyasu is absolutely speaking the right words at the Bank of Japan; of course, he is also preparing to burst the bubbles in the stock market and property market. Not having a group of people who belong entirely to oneself, one aspect is poor execution; the most important thing is that they are not of the same mind, and it is easy to leak secrets.

Sanegi Miyagi said directly without any hesitation: "Boss, Bao Zixuan of the Black Cloud Group has arrived in Japan and is currently at a secret base of the Blackstone Fund outside Tokyo. Of course, it is not a secret, it is just not announced to the public."

"At the same time, the senior executives of Blackstone Fund are over there, and it seems that they will take action."

Bao Zixuan came here at this time, which meant that the person who came was evil. Punching the Japanese stock market and property market bubbles is easy to say, but very difficult to implement. If you don't care about anything, it will be easy. But if you want to give up your car and save your handsomeness without causing too much loss to Wall Street capital, you need to be fully prepared!

In fact, the predator that Mie Yeyasu wanted to trap the most was Bao Zixuan, but he didn't know what this guy was thinking. Maybe he was naturally cautious, or maybe he sensed something was wrong. He actually started selling off real estate and stocks a year ago. And what's even more outrageous is that after cashing out, they are transferred out immediately without making any stop at all.

Tokyo has always flaunted a free financial market, and of course it will not deliberately withhold funds from foreign companies; that would be damaging its own brand. What's more, the other party's tax payment is not less, so there is no fault at all. It’s not particularly clear how much money was invested initially. After all, much of it came through patent exchange. But now, the value has definitely appreciated several times; that is to say, the proceeds from cashing out in the past year have been able to be done without losing money.

What's more terrible is that most of the assets in his hands are still increasing in value; Bao Zixuan alone can take at least one-tenth of the dividends from the Japanese economy. This may be a conservative estimate.