Resource Tycoon Reborn
Chapter 730: Japan in Crisis
On January 7, Pingchuan Railway Transport Company and Sihai Railway Co., Ltd. formally signed a shareholding agreement in Jincheng. Pingchuan Railway Transport Company became the second largest shareholder of Sihai Railway Co., Ltd., owning 25.7%.
At the same time, Sihai Railway Co., Ltd. officially submitted an application to the Ministry of Railways to build the Beijing-Fengtian (Tianjin) high-speed railway. At this point, the future ownership of the three-city high-speed railway has been settled. It has also surprised many people.
Feel disappointed.
On January 8, the Australian headquarters of Rio Tinto Group Company officially announced that Rio Tinto Group Company received a capital injection from Australia's Haiping Mining Company. After the capital injection, Haiping Mining Company owns 8.3% of the shares of Rio Tinto Group Company and became Rio Tinto Group.
The company's second largest shareholder, Xia Wen, chairman of Haiping Mining Company, entered the Rio Tinto Group's board of directors. On that day, Rio Tinto Group's performance was extremely dazzling on the British and Australian stock markets, with its stock price rising from 8.5 pounds per share.
It reached a high of 15.7 pounds per share. Although the stock price fell back at the close of the market, it still remained at the line of 15 pounds per share. It became one of the most dazzling stocks in the world that day!
On January 9, it was revealed that Rio Tinto Group Co., Ltd. was negotiating with China Aluminum Co., Ltd. to issue convertible bonds. Although this news was later denied by both Rio Tinto Group Co., Ltd. and Huaxia Aluminum Co., Ltd.
, but it still caused a strong reaction in the stock market. By the time the market closed, the share price of Rio Tinto Group Company in both places had soared to 21.3 pounds per share! Although it is far from its peak of 60 pounds per share.
There is still a big gap above the pound, but it can be said with certainty that the most dangerous time for Rio Tinto Group has passed.
Yushan did not put down the latest information in his hand, and sighed lightly. Mengxiong in the circle next to him had a zombie face. Although Yushan did not ask Mitsui & Co., Ltd. to acquire no more than 10% of the shares of Rio Tinto Group,
, but Jinnai Moxiong privately decided to increase the intensity of acquisitions. When Rio Tinto Group's stock price stabilized at around fifteen pounds per share, Mitsui & Co.'s actual shareholding had reached 13.7%.
, becoming the de facto largest shareholder of Rio Tinto Group. Of course, many subsequent procedures are required to finally gather these shares into the hands of Mitsui & Co.
However, Rio Tinto Group's share price subsequently plummeted, falling from fifteen pounds per share to less than eight pounds per share in just a few days. Such a plunge, especially the momentum of going straight to zero, made
Jinnai Mengxiong was a little panicked. You must know that he secretly transferred all the money from Mitsui & Co., Ltd., and losing nearly half of it was already a big event. If he lost all of it, it would be a big trouble, enough to make him
He, the president, stepped down! After all, as the chairman, Tamayama never explicitly told him that Mitsui & Co., Ltd. should not increase its shareholding in Rio Tinto Group by more than 10%! As a result, Jinnai Mengxiong rushed to buy these shares.
Shares are sold.
Seeing the share price of Rio Tinto Group Company falling below eight pounds, although Mengxiong's heart was bleeding, he was still glad that he ran out in time after all. Although the losses were somewhat heavy, they were not to the point where he could not explain to the company. Who could
As you can imagine, Haiping Mining Company actually wanted to take a stake in the Rio Tinto Group Company, and there was no news in advance. As soon as the news was announced, the stock price of the Rio Tinto Group Company in the two stock markets was like taking stimulants, and it fell sharply in two days.
An increase of 166%! Moreover, in the stock market today, the shares of Rio Tinto Group are no longer marketable. If it were not for the global economic crisis, people would not be very optimistic about the future prospects of Rio Tinto Group.
, I’m afraid the stock price will be even higher! At this time, Jinnai Mengxiong wanted to acquire some more Rio Tinto Group shares, but it was too late!
Although Yushan Jingwei did not look at Meng Xiong inside the formation, his reaction was already in his mind. In fact, he was not unaware of Meng Xiong's private actions, but he did not stop him. I believe Fang Mingyuan would do the same.
Noticing Jinnai Moxiong's hand stretched out, he will definitely teach him a lesson. Although he is very old, he has not yet expressed his intention to retreat to the second line. Jinnai Moxiong actually still acted arrogantly even after being reminded by himself.
Yushan was not very dissatisfied with him when he purchased shares of Rio Tinto Group Company.
This time, Jinnai Moxiong not only did not steal the chicken, but also lost a handful of rice in the Rio Tinto Group's stock. Although Yushan Jingwei did not use this to make trouble on the board of directors, but with this handle, I believe Jinnai Moxiong will be honest and honest.
It's been a long time.
Thinking of this, Yushan couldn't help but sigh again. Among the next generation of the Yushan family, the older ones are incompetent, while the capable ones are only in their thirties. At present, they can only be middle-level cadres, and they are not capable at all.
He might take over his position in Mitsui & Co., even part of it. If his descendants have Fang Mingyuan's ability, he will pass on the position of chairman of Mitsui & Co., Ltd. to him. Mitsui & Co., even if it is Mitsui
Among the chaebols, who dares to say no?
Although Haiping Mining Company can only obtain less than 10% of the shares and is the second largest shareholder on the surface, just like Mitsui & Co., the Yushan family will secretly hold power in the name of other companies.
Like the shares of the Rio Tinto Group, Yushan Jing was not sure that many of the small shareholders who owned the shares of the Rio Tinto Group must be controlled by the Fang family. These companies ultimately controlled a large number of shares of the Rio Tinto Group.
Maybe more than ten percent.
Although there is no final showdown, no one knows who the real major shareholder of the Rio Tinto Group is the current chairman, Mr. Vicky. Is the announced shareholding ratio his true shareholding ratio?
No one can guarantee it. But there is no doubt that Haiping Mining Company will be a force that cannot be ignored on the board of directors of Rio Tinto Group Company from now on!
BHP Billiton Group Company and Rio Tinto Group Company have been fighting for so long, but they finally got the advantage of Haiping Mining Company. Although there has been no obvious progress in the merger of Haiping Mining Company and Brazilian MM Company, Yushan has not yet made any progress.
It is suspected that Fang Mingyuan had no intention of forcibly merging the two companies in the first place, and by spreading such rumors, he was just putting pressure on certain people, and some people were indeed in disarray! Only then was Haiping Mining Company given the green light to acquire Rio Tinto.
Opportunities for group companies.
Haiping Mining Company, Brazilian MM Company, plus the shares in Katsk Metal Group and Rio Tinto Group, the iron ore resources in the hands of the Fang family can no longer be ignored by peers, saying that the Fang family is the iron ore supplier.
Being the fourth giant in the business is no exaggeration, and compared with the other three giants, the Fang family also occupies a huge advantage, from producing iron ore to transporting iron ore to smelting iron ore to produce products and digest them.
Remove the complete industrial chain of these products! This maximizes the Fang family’s ability to resist economic and industrial risks!
Although the Mitsui Zaibatsu has also achieved this in Japan, it has now been caught up by the Fang family. Maybe one day in the future, the first chaebol will be born in China like Japan and South Korea!
Although there are many people who are indignant about the existence of chaebols in today's Japanese and Korean societies, no one can deny that these chaebols have played a role that cannot be ignored in the economic development of these countries.
.Nothing is perfect in this world, and the same is true for chaebols. Denying the positive role of chaebols in national economic development because of its inevitable side effects is as ridiculous as not allowing humans to use fire because they are afraid of fire!
Moreover, Yushan did not believe that with Fang Mingyuan's vision and ability, he would definitely maximize his strengths and avoid weaknesses as much as possible to minimize the negative impact of the chaebol on society.
Thinking of this, Yushan couldn't help but sigh again. Although Japan has escaped the direct impact of the financial crisis caused by the subprime mortgage crisis in the United States, as a country where import and export trade occupies an important position in the national economy, the financial crisis
The global economic crisis caused by the crisis, the appreciation of the yen and the decline in global demand, undoubtedly caused a heavy blow to the export capabilities of Japanese companies! This caused export-oriented companies including the automobile industry to experience a substantial decline in performance across the board, and their stock prices fell sharply.
The foreign capital in the Japanese stock market also withdrew from Japan in the second half of the year due to the impact of the global economic crisis, including the negative impact of the Fang family’s divestment. This caused Japanese companies to lose their share prices in the stock market.
Important financial support!
The result is that the Nikkei average stock price of the Tokyo Stock Exchange closed at 8,358.88 on December 30, the last trading day of the Japanese stock market in 2008! Although, this
The numbers look quite auspicious, but they make people in the Japanese economic circles heartbroken. This number shows that in 2008, the Japanese stock market fell by 43%, setting a record in the history of the Japanese stock market.
The highest record!
Prior to this, the largest annual decline in the Japanese stock market was 38.7% in 1990, during the bursting of the Japanese bubble economy! The second largest record was set in 2000 during the bursting of the IT industry bubble.
27.9% in 2009! This has caused people in the Japanese economic circles to express strong concerns about Japan's economic situation in 2009. Moreover, as investors will adopt a more cautious attitude, the Tokyo stock market may still be
Will face a decline!
He couldn't help but sigh. Regardless of whether Fang Mingyuan's keen insight and the good fortune of the Arabs were due to the withdrawal of the Fang family's capital, they had seized the opportunity before the Japanese stock market plummeted and exchanged enough shares for cash! Hide
The Japanese stock market plummeted after the opening!
Yushan has not thought about how to continue to strengthen cooperation with Fang Mingyuan. Today, all countries in the world are facing the challenges of the global economic crisis, and Japan is no exception. Japan's domestic market cannot digest the huge amount of Japanese companies.
productivity, but the overseas markets of Japanese companies, whether it is the United States or Europe, are now in a severe recession and are simply unable to digest goods from Japan. According to statistics from relevant departments, Japan's decline in November 2008
, the year-on-year drop in exports was as high as 27.4%, and in December, the year-on-year drop was as high as 35%! Among the companies under the Mitsui Zaibatsu, almost all companies involved in import and export trade have experienced
The sharp decline in performance, such statistics are shocking!
Yushan could not fully imagine that in the coming time, Japan's export-oriented companies would have to significantly reduce production, or even lay off large-scale employees! In December 2008, Japan's unemployment rate
The unemployment rate has already reached 4.6%, and it is conceivable that if the Japanese government does not take any effective measures in 2009, Japan's unemployment rate will probably rise further! Government officials at this time
We are already actively lobbying the major chaebols, asking them to reduce the number of layoffs as much as possible and replace them with salary cuts.
Therefore, companies under the Mitsui Zaibatsu need new markets, and Japanese companies even more urgently need new markets! Among other countries in the world, the most suitable alternative market is undoubtedly China, with its huge population base, and
The strong consumption power of those urban residents who got rich first was enough to make up for the losses of Japanese products in other markets.
However, if they want to continue to expand their share of the Chinese market, the products of Mitsui Zaibatsu's companies must face strong competition from the United States, Europe, and even domestic and Korean products. Moreover, in recent years, due to the rightward shift in Japanese politics,
Turn, Japanese politicians frequently make some remarks that make the Chinese people unhappy, and even do things like visiting the Yasukuni Shrine that make the Chinese people extremely unhappy. Especially after Manga Taro came to power, the relationship between the two countries has taken a turn for the worse.
Yushan is not very worried about whether the relationship between the two countries will one day become cold in politics and hot in economy! Therefore, cooperation with domestic enterprises in China is undoubtedly the best way, and the Fang family
Its companies have long-term cooperation with many Japanese companies. Mitsui & Co., Ltd. has also cooperated with them many times... Thinking of this, Tamayama glanced at Jinnai Moxiong beside him. He didn't know.
How much does Fang Mingyuan know about Inner Mongolia's acquisition of Rio Tinto Group shares? If his poor impression of Inner Mongolia will affect the cooperation between the two parties... Sitting there, Jinnai Mengxiong felt a little nervous on his spine for no reason.
It was cold, I thought it was a draft leaking somewhere in the room. (To be continued.)
...
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