Return To 1977 Chapter 1035: Restless
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After Hong Yankang arrived in Japan, he successfully converted all the funds in his account into Japanese yen.
During this period, the official exchange rate of the Japanese yen to the U.S. dollar was basically maintained at around 1:240.
Hong Yankang has as much as 520 million yen of funds available for investment.
So next, he can officially start lurking funds according to the plan discussed in advance with Hong Yanwu.
The first step is to buy property like crazy.
Since Hong Yanwu has rich experience in real estate and speculation, his requirements are very specific.
I just hope that Hong Yankang will not care about the price, but only care about the location and the nature of the property.
He believes that the best investment product is the shops in Ginza, followed by shops in other downtown areas, and thirdly, residences in the core area of Tokyo.
But the most important thing is speed. He knows that the time point for the "Plaza Agreement" is September, and the time set for Hong Yankang cannot exceed one month at most.
Because if the transaction can be completed smoothly, the next step is to use the purchased real estate as collateral to find a loan from a more formal financial company like "Takefuji".
Until the mortgage loan is reinvested in the Japanese stock market and real estate stocks are purchased, the preparation for "popping up the wool" can be truly completed.
Of course, if people today look at this plan, many people will definitely think it is a bit stupid and a bit silly.
Some people may say, why not speculate in stock index futures? Why not speculate in foreign exchange?
What kind of house should I buy? How easy would it be to make a direct cash transaction? If you add dozens of times of leverage, you can make a lot of money.
Yes, if this is really possible, Hong Yanwu would also like it.
But the trading varieties of the financial industry are slowly developed step by step.
According to history, it was not until September 1988 that the Osaka Exchange officially listed Nikkei 225 Index futures.
It was not until 1998 that Japan opened its foreign exchange margin business.
So it’s useless for Hong Yanwu to think about it. Where can he do this kind of transaction in Japan?
Even because the Japanese have very strict restrictions on foreigners' financing channels.
Even if bank loan business is difficult, they cannot lend to foreigners.
So even if they buy a house, Hong Yanwu and the others can only pay the full amount.
In the end, only by willingly letting usurers peel off their skin can the leverage be nearly doubled in disguise.
This is all a no-brainer.
But having said that, even though the capital utilization rate is so low, it also provides a safety margin, so this speculative plan will be accepted by Hong Yankang.
You know, he is an orthodox businessman, and he is particularly concerned about the potential risks of speculation.
If he really wants to participate in speculative transactions with dozens of times leverage, that is simply not what he can afford.
Just one fluctuation might scare him into having a heart attack.
In other words, buying a real house in this way can make him feel more at ease.
When he thought about it, if he bought the house with full payment, he would not only have to pay back the money to the bank, but he would also be able to collect some rent by renting it out.
Even if mortgage financing requires a 30% interest rate, with rent as a hedge, the financial pressure is much less.
If you do the math, the cost is actually not much higher than financing through a brokerage firm.
The Japanese economy is so strong, it is not too difficult to maintain capital.
In addition, it saves worry. You can just entrust an intermediary company to take care of these real estate properties.
After buying a house, he doesn’t need to expend any more energy at all. Professionals will naturally help him take care of it.
Then after he finishes buying the stocks, he can leave and there is no need to stay here.
So it is precisely out of this comprehensive consideration that he has full confidence in executing this plan because he believes that the risks are controlled to a controllable level.
As for Hong Yanwu, there is no need for him to make Hong Yankang fearful in order to eat a fat man in one bite.
There are many opportunities to make money, so don’t miss this opportunity.
Speaking of the fundamentals, he made money by knowing that the essence of this market was the appreciation of Japanese yen assets.
So from the moment they exchange foreign currency into Japanese yen, it has essentially become a sweet deal.
As assets appreciate, real estate is definitely the industry that will benefit the most.
Buying real estate stocks after owning real estate, isn’t this the same as getting two ends?
Being able to achieve such a precise strike is tantamount to adding hidden leverage.
The risk is not high, but the return on investment is little.
He already has an advantage over everyone, isn't he still not satisfied?
As the old saying goes, blessings cannot be fully enjoyed. When things go to extremes, good things often turn into disasters.
The lessons from his previous life taught him that he should restrain his greed.
It's interesting to say that just when Hong Yankang felt extremely at ease and was proceeding with the plan in an orderly manner.
Just when Hong Yanwu thought that his heart had reached a certain level of transcendence.
An unexpected piece of good news made the boy restless again.
He himself threw this indifference aside.
With the completion of the first phase of the "Grand View Garden" and the completion of the Fuhai Scenic Area of the Yuanmingyuan Heritage Park, two pieces of news are open to tourists.
A message also came from Mr. Shan, saying that half of the "Half Acre Garden" has been almost restored.
Hong Yanwu then took the time to visit and found that the gate of the mansion was the gate of the mansion. The majesty of the red paint and green tiles was not something ordinary people could compare with.
The red and green houses and the courtyard are truly beautiful.
Especially the details, which are much more exquisite than the houses in the park.
But the better the house was repaired, the emptiness of the house stimulated him, and the more he wanted to fill it with good things.
Otherwise, he feels sorry for such a house.
But at the moment, there is nothing else on the market in the capital except furniture and large ornaments.
He has collected too many things such as calligraphy, painting, and porcelain.
Where can I easily find good and cheap things?
Youyi Store, Gongmei Building, and Hongguang Pavilion still have some goods, but they are all expensive.
Moreover, the capital has recently been tightening the order in public places.
It will crack down **** the following problems.
1. Crack down on the illegal reselling of football tickets, train tickets, movie and theater tickets, commemorative stamps and the use of used train tickets to sell high-priced goods at high prices.
2. Regardless of national integrity, solicit, sell, or forcibly exchange foreign exchange coupons and other items from foreigners.
3. Recording and playing obscene audio and video recordings.
4. Illegal organization of various commercial dances and disguised commercial dances.
5. Provoking quarrels and causing trouble in public places, destroying public property and disrupting social order.
So if you want to find an out-of-town vendor selling antiques in the entire capital, it is almost as difficult as catching a giant panda.
Whether it is official or private, the antique shops in the capital are all out of stock.
After repaying some foreign currency advances from my brothers, the company "Pilot Commercial Investment" still has more than 7 million in its account.
This money made Hong Yanwu scratch his head and lungs even more, and he always wanted to spend it.
And just when he didn't have a firm idea, another chance incident provided him with inspiration.
One evening, Hong Jun and Ding Ling'er were in the courtyard, using the light in the room to tell Shui Xiaoying and Hong Jun stories with a fairy tale book.
What are you talking about? The protagonist is Pipilu's "The New Biography of the Bull Demon King".
Because the stories are interesting, the children are so attentive whether they are reading or listening.
Even the adults who came out to enjoy the cool weather were fascinated.
As a result, Hong Yanwu, who had just returned home, accidentally saw this scene and couldn't help but touch some feelings in his heart.
In his impression, Zheng Yuanjie's fairy tales have great influence.
It was once the favorite book among children across the country in the late 1980s and early 1990s.
It is not an exaggeration to say that it dominates the world of fairy tales.
It is a pity that due to the limitations of the times, the brilliance of his characters only exists on paper.
Not to mention that the development quality of cartoons and animations is appalling, and they have never been able to create actual commercial value, wasting a big "IP" in vain.
Think again about how Disney, Japanese comics, and Korean comics will defeat domestic animation in the future and make crazy money from domestic children.
He will inevitably miss the opportunity for the rise of domestic fairy tales, and feels regret and sadness.
It was probably this emotion that stimulated him and made him suddenly think of it, even though he had never planned to engage in the animation industry.
But such a domestic fairy tale is so consistent with the attributes of "polar bear".
How great it would be if he could capture these two characters and combine them with "Polar Bear" products.
Such a strong alliance will at least add more fun to the childhood of this generation of children.
Let the light of domestic fairy tales shine brighter.
At the same time, this talented writer, service companies and factories can all become beneficiaries. Why not?
So, when the children finished reading the story, Hong Yanwu took the book from Hong Jun.
Only when he was holding it in his hand did he realize that it was actually the first issue of "The Fairy Tale King".
Following through the inner pages again, he found the address of the editorial office of this bimonthly magazine priced at 28 cents.
No. 7, Qingnian Road, Taiyuan City!
Shanxi?
Hong Yanwu was immediately happy.
I thought it was such a good place!
Hey, good intentions really pay off, isn’t this killing two birds with one stone!