Chapter 190 Entering the Japanese Stock Market



Chen Ze opened his domestic bank account and found that he only had a little over a million yuan left. He had been buying things non-stop during this period, and the money had disappeared without him realizing it.

Grey Wolf Investment's account balance is less than 10 million yuan, but Grey Wolf Investment in Hong Kong still has 750 million US dollars, which is the remaining funds from the last acquisition of PAM mobile phones.

Grey Wolf Investment has already invested in more than 20 domestic companies, so this amount of funding is naturally not enough, especially for Panda Mobile, which requires a large investment in research and development.

At that moment, all he could think about was where to make money.

Not long has it been since Chen Ze reaped the profits on Wall Street, so he definitely can't go there again this time. For safety reasons, he needs to go somewhere else. Europe? Or Tokyo, Japan?

He carefully recalled the Tokyo stock market from his previous life. The Nikkei stock index was expected to fall by 5% on April 11, 2011, because a major earthquake struck Japan on April 10, causing most stock investors to liquidate their positions.

Next, Chen Ze checked the exchange rate of US dollars to Japanese yen online this year, and found that 1 US dollar was worth 89.79 Japanese yen.

"Secretary Shen, go and book six tickets to Tokyo this afternoon."

"Okay, boss."

After the secretary left, Chen Ze called Zhang Guoheng again.

"Hey, Guoheng, get ready, we're going to Tokyo this afternoon."

On the other end of the phone: "Okay, boss, I'll go pack my things right away."

afternoon

Chen Ze, along with Shen Xiyu, Zhang Guoheng, and three bodyguards, traveled to Tokyo.

After arriving in Tokyo, Chen Ze and his group chose a nice hotel to stay in.

The next day, Chen Ze woke up, drew back the curtains, and looked at the bustling city of Tokyo. Everywhere there were towering buildings, it truly lived up to its reputation as the most developed country in East Asia.

He then called everyone to get up and get to work quickly.

Chen Ze first went to the bank and exchanged 700 million US dollars for 55.3 billion yen.

Then they rented a luxury office building as a temporary workspace and began to conduct in-depth analysis of the local stock market.

He instructed Shen Xiyu to observe the situation of the Japanese stock market, but so far there has been nothing unusual about the Japanese stock market.

Chen Ze then busied himself contacting several local finance professors, asking them to spread rumors that seemed true but were actually false in order to confuse the public.

He hired three professors and promised each of them a million dollars if the job was done.

As April 10th drew closer, the Tokyo stock market remained completely calm, causing Chen Ze to feel a growing unease. However, he firmly believed that his memories from his past life were accurate.

The stock market opened at 9:00 AM on April 7th.

Chen Ze immediately issued the order: "Now! Buy short positions immediately, with ten times leverage."

A series of clattering keyboard clicks rang out as the three of them quietly began buying short positions, continuing until the market closed.

On April 8th, they repeated the same operation as yesterday.

On the evening of April 9, a rumor began to circulate among some investors, causing slight fluctuations in the stock market.

A major upheaval is quietly unfolding in Japan's financial world.

Several Japanese finance professors suddenly began to openly express their deep concern about the future trend of the yen on major websites.

This move was like a bombshell, instantly detonating the entire financial market.

Many industry professionals were outraged and condemned these professors as complete scoundrels and traitors.

Time flies, and April 10th has finally arrived, a day that makes our hearts race.

Just as people feared, a powerful earthquake struck unexpectedly. Moreover, this earthquake had a terrifying magnitude of nine! The earth trembled violently, as if it were about to tear the land apart.

With a series of loud bangs, many houses collapsed one after another like dominoes, raising clouds of dust.

The Tokyo stock market was instantly plunged into extreme chaos and panic.

Investors panicked and rushed to sell their shares. The trading hall was instantly filled with shouts, curses, and cries.

Those who were the first to sell their stocks acted as a catalyst, triggering a frenzy of bandwagon behavior from others.

As more and more investors join the sell-off, fearing they will be the last unlucky ones to be deeply trapped.

Thus, amidst the panic selling, the yen stock market suffered a severe blow that day, plummeting by an astonishing two percent.

However, this was only the beginning of a nightmare. The next day, April 11, the Japanese stock market continued its downward trend from the previous day, falling sharply by another three percent.

In just two days, the cumulative drop has reached 5%, breaking through the key level, and the wealth of countless investors has vanished in this storm.

In an effort to mitigate risk, another group of people sold off their stocks.

Behind this financial tsunami, Chen Ze was quietly making his moves.

Long before the earthquake, they accurately predicted the market turmoil and shorted a large number of stock contracts at high prices in advance.

Now, with the stock index falling sharply, they have begun to systematically and gradually sell these contracts, making huge profits from them.

Looking at the long string of numbers on his account, Chen Ze was overjoyed. "It's all pure silver! Making money from the Japanese is really lucrative."

Through this series of clever maneuvers, Chen Ze made a profit of 1,000 points per share, and with a total purchase of 30,000 shares, plus a leverage of 10 times, he had $3 billion. After deducting the 8% transaction fee, he still had $2.2 billion left.

Zhang Guoheng grinned from ear to ear, letting out a chuckle: "Boss Chen, we're really going to make a fortune this time! When we get back to China, you'll have to reward me handsomely to soothe my excited heart."

This chapter is not finished, please click the next page to continue reading!

Continue read on readnovelmtl.com


Recommendation



Comments

Please login to comment

Support Us

Donate to disable ads.

Buy Me a Coffee at ko-fi.com
Chapter List