The self owned funds have made a lot of profits in this wave of financial turmoil in Japan, but they have not been fully withdrawn, and a small part is left in the form of island Japanese coins, ready to cut another wave.
The operation of the group is arranged by Li Huanxin. Unlike him, the group requires stability, which is called a prudent financial strategy, so it left the game early and won nearly $600 million.
Long Jianhua knew that the island Japanese currency would appreciate again, but he did not interfere with Li Huanxin's decision and let him do it. He seeks stability and he fully respects it. Now the group is not short of money, and he is slowly hiding behind the scenes. It is best not to intervene in things that can not be involved.
This wave of fluctuations in the Japanese foreign exchange market on the island also made small gains for European and American consortia. The gains of three funds exceeded US $600 million, causing a shock on wah'er street.
Japanese island countries have suffering words. Foreign exchange reserves fell by 9.3 billion US dollars in less than two months, which surprised them in a cold sweat.
At the cabinet meeting, senior financial officials looked sad. "It was found that the big order on the first day was hung up by Chongshi group, and then entered the consortia of the United States, the European Union and China, half of which were hot money."
"According to our recent analysis, the crisis was caused by Chongshi group cashing in the US sword... Of course, it does not rule out that they consciously set off this storm. Over the previous weekend, their chairman and rotating CEO made adverse remarks against China, and our policy of resettlement is about to change. "
"However, it is understood that they seem to want to use this money to repay the due loan because the group's debt has reached 70%... They did so."
"The capital of Europe, America and China should also be prepared, otherwise the action will not be so concentrated..."
After his statement, the financial official was angry, "we think this is a premeditated sniper action. Chongshi group is the leader and may also be the organizer. They charged ahead and other consortia followed. "
"However, the key is that some of our enterprise officials do not want to make progress, and even brazenly ask for such an exclusion bill. Isn't it stupid?"
"I think our country has acted in concert for many years. Each industry is consistent with the outside world, and everyone abides by it after reaching a certain agreement privately. Those fools were good enough to ask for such a bill, and it was really accepted and openly demonstrated. It's not stupid. What is it? "
The prime minister scolded, "speak carefully!"
Although this is the truth, once it comes out, it will be a scandal and lead to a crisis of trust. You can't talk nonsense.
He quickly shut up, took two deep breaths, stood up and bowed, "I'm sorry, I slipped my tongue."
Then he said, "in this incident, there were 35 accounts in Japan, 327 in the United States, 187 in the European Union and 6 in xiangdao. In the xiangdao account, it is verified that Chongshi group has only one account, but its chairman long Jianhua also has one. "
After slapping the table, he continued, "we think this is intentional by Chongshi group. They seized on the shortcomings of some of us and used public opinion to ferment and expand in xiangdao, Europe and the United States, attracting the attention of those consortia. At the same time, they set an example by selling large orders first, causing market panic... "
The prime minister waved his hand. "Don't talk about these details. Talk about your views."
He stood up and said "Hi", sat down and continued, "in some ways, Chongshi's concerns make sense. We are indeed a country with two ends out. Once the blockade policy is introduced, it will attract the attention of the world and may trigger retaliation from others. Because this matter has been delayed for too long, the mainstream public opinion in Europe and America is paying attention to it. "
"Their idea is very dangerous and will lead to more retaliation. This is the stock market and foreign exchange market, and next time it may be some physical industries. In this way, the careful layout of our previous 30 years will be destroyed, and the consequences will be unimaginable. "
The official of the Ministry of industry agreed with him, "since catching up with the United States in the 1950s, we have emphasized low-key development. Even if they can crush their enterprises, these domestic enterprises can always leave them a living space so as not to arouse the vigilance of the United States."
"In the 1980s, with the downturn of the world economy and the rise of populism in the United States, they paid more and more attention to our products and took more and more revenge on us."
"According to my statistics, there was only one in the 1950s, three in the 1960s and five in the 1970s, but in the 1980s, there were 10. At the beginning of the 1990s, there were two calls for the revision of tariffs and construction standards, and for our commitment to transparent and fair government procurement. "
"I'm not saying that this trend is amazing, but because the United States and the European Union are forced to rush. They can't compete with us, resulting in the decline of their employment opportunities, and then found such a problem."
"I have investigated the development history of Chongshi group. Although they belong to western enterprises, their layout is more accurate than our domestic enterprises. When we were still transporting cars to the United States and the European Union for sale, they had already acquired automobile production bases in the United States and the European Union, and took this opportunity to enter China and steadily occupy the first place in the sales volume of China's automobile market. "
"Although we have encouraged enterprises to go global since 1987, it has not been very successful so far, which is far from the record of Chongshi group. We have also deployed in developed countries. They have not only deployed in developed countries, but even in Africa. "
The prime minister asked faintly, "what do you mean by your words?"
He looked at him and said, "I mean, business people should think about how to do their own business well. Some members should also consider it in the long run and should not undermine the overall development situation of our country. If there are no examples, we can summarize the development experience of Chongshi group and let entrepreneurs have a look. "
……
Many departments were furious about the incident.
The public will question their ability to lose us $9.3 billion in foreign exchange for no reason, and someone needs to bear the responsibility. Maybe some of them will lose their black hats.
The meeting decided that relevant government officials should communicate with some members of Parliament and strive to set the tone of the proposal quickly so as not to cause greater impact; At the same time, we should also communicate with the senior management of relevant enterprises. Some things can be mentioned, and some things can only be done but can not be said
Within ten days, the proposal failed to pass.
Those enterprises are still the same, secretly forming an alliance: when there are domestic products, they do not buy foreign products.
The buyer's independent behavior, no one can say.
This is the power of unity.
Affected by this news, the vast majority of hot money withdrew, and the foreign exchange market on the island was stable; The stock market continued to slide all the way, because the government of the island and the Japanese government had introduced some policies and measures to squeeze the bubble in the fourth quarter of last year.