Peninsula Hotel in Hong Kong.

Yoshida from Nomura Securities in Japan was having afternoon tea on the balcony of the sea view room. He silently looked at the sea water in Victoria Harbor, but his mind was divergently thinking about many events.

The Rabbit Family is engaged in the "Western Development" and has been doing the trouble for many years but has not been satisfactory. In recent years, it has been engaged in the "Belt and Road Initiative". It seems unstoppable, but it also carries great shackles, like a giant dancing with chains.

Japan is extremely vigilant and opposed to rabbit's Belt and Road Initiative. The reason is very simple. Japan is an ocean-type island country. What it needs to do is to use the ocean as much as possible. But in fact, if you open the world map, where is the center of the world?

It's Eurasia!

Americans have been called rural blokes for a long time. What is the reason? Because America is located in a corner and is far away from the center of civilization. If it hadn't for the destruction of the Eurasian continent in World War I and World War II, the United States would not have developed at all, at most it would be a large Saudi Arabia.

With the current strong navy of America, it is very difficult for rabbits to compete with them for the ocean. But rabbits have a huge advantage. Their ancestors are so awesome that they have left behind a unique geographical condition for their descendants. The best territory in Northeast Asia has been occupied by the Han people.

If the Eurasia continent can be linked by land, there will be nothing wrong with the United States in the future. Why do Americans have to mess around in Central Asia and the Middle East? One of them is that they don’t want to see anyone who can integrate the entire Eurasia continent.

Where is the center of Eurasia? Continue to look at the map, in Xinjiang, Rabbit’s home. Why is Ukraine in Xinjiang not very developed but has a large airport? It is because it is closest to any point in Eurasia.

The plan for the Belt and Road Initiative is very grand, but it also brings great difficulties because of the grandeur. Some difficulties are man-made, while others are caused by geographical environment. For example, the Chinese-European train travels from Yiwu to London, which takes more than 12,000 kilometers, which takes 18 days!

If you can use a plane, it will only take more than a dozen hours. However, intercontinental flight requires large aircraft, and the cost of transporting large aircraft is too expensive!

The reason why the "Western Development" was extremely slow back then was that it required the construction of a large number of railways. The investment was large, the construction period was long, and the supporting facilities were complicated. This could not be done overnight.

In fact, Western countries are not interested in the Belt and Road Initiative, and Japan and the United States have been fighting against it. They all think, "Damn it, if a rabbit is killed, will there be a way out for me?"

But the emergence of SIA has made the Japanese feel a lot of pressure. Judging from the current popularity of the northwest to southeastern route of the Flower Planter, those rabbits are really afraid of heaven and earth, and dare to think and do it. The most important thing is that they seem to be really going to do it!

When Ichiro Sakamoto, who was wandering in the northwest, sent back the idea of ​​shorting SIA stocks, the Japanese cabinet attached great importance to it and asked the domestic financial community to investigate the feasibility of the feasibility. If it could be destroyed, it would be destroyed.

After reading the report of Ichiro Sakamoto, the senior executives of Nomura Securities also felt that there seemed to be a lot of money here. They got up early without any profit, and everyone only saved the profit after seeing the benefits.

Several Japanese financial institutions want to form groups to kill monsters, and Yoshida from Nomura Securities came to explore the way. To be honest, after roughly reading the listing information of SIA, he also felt that this was a big fat sheep.

Singapore was split from China Southern Airlines not long ago, and China Southern Airlines was originally listed on the Hong Kong stock market. After the split, Singapore retained the ability to raise funds on the Hong Kong stock market, which is still very beneficial for Singapore, which is extremely eager for great development.

Yoshida made an appointment with an executive of Hong Kong Cathay Securities today and wanted to talk about the specific operational issues of shorting stocks. However, when the two parties were talking on the phone, the other party was not optimistic about the prospect of shorting SIA.

"Yoshida Sang, your idea is good, but sometimes mainland companies do not operate according to common sense. We can lend out the SIA stocks in our hands, but I don't think you can really short it."

The communication on the phone surprised Yoshida. He found all kinds of information he collected again, but after thinking about it, he still couldn't understand where it was wrong. He found several other financial institutions and even spent money to purchase secret business information obtained by certain investigation companies. The result...

"Singapore's restructuring was suspended and then resumed trading, and its asset information was changed many times. But can it still make a profit?" Yoshida was puzzled by this, "It would be good if it didn't lose money, how could it still make a profit?"

SIA seizes the freight market at ultra-low prices. It not only makes profits, but also makes a huge profit. Yoshida has bank data spying on commercial spies. Judging from cash flow, the gross profit of more than 100 large passenger aircraft of SIA is more than 100 million yuan per day.

There is also such an operation? It's simply amazing!

Impossible, this is absolutely impossible!

As a listed company, it actually disclosed false data and was subject to fine.

If the opponent makes a profit, then shorting is a joke. The annoyed Yoshida carefully judged the information obtained and first made sure that SIA does not have to pay taxes and does not spend money on fuel. These are super preferential policies given by the state.

"What a big support!" Yoshida sighed quite a bit. He knew that fuel accounts for about one-quarter to one-third of the operating costs of large passenger aircraft. The country will suffer huge losses if it bears this cost. "Sometimes I really envy the courage of the Chinese government, and it is really ambition!"

But even if there is a subsidy for fuel, you will still lose money!

Yoshida continued to look for what he wanted in various reports, but he soon discovered another strange thing. In the operating statement disclosed by Singapore Airlines, there was no cost for depreciation of the machine.

Hello..., that's not right!

All companies around the world will have equipment depreciation fees, so how can Singapore Airlines not? This is not in line with common sense!

What is this operation?

Yoshida was once again confused. He had to call people everywhere, but no one in the financial industry could explain this problem. A huge fleet was actually using it without spending money. Who would do such a stupid thing?

Yoshida finally found Cathay Pacific senior executives who were willing to provide information to him, and the answer was, "The matter of the flower-planting government is so strange. Now the financial community is speculating, and there is no answer yet."

More than 100 large passenger aircraft are worth tens of billions of dollars, and the annual depreciation of the entire operation period is more than ten or twenty billion dollars. You should know that many large companies can earn less than ten or twenty billion dollars a year! Whose money is considered?

The world's arms giant, the famous Lockheed Martin, sold weapons all over the world. Without Lockheed Mart, the US military would not have to fight. But its annual arms sales turnover is only more than 40 billion US dollars, and its profit is only a few billion US dollars.

New Airlines' depreciation in one year can kill Lockheed Martin!

SIA does not explain or disclose this question. Just when all the vampires in the world are puzzled, the Rabbit Government said: SIA's depreciation expenses are counted on the public safety expenditure of nearly one trillion soft sister coins per year.

hat?!

At the State Council press conference, the spokesperson publicly stated: "In the past, due to high logistics costs and low economic development, it was a loss to engage in agricultural and sideline businesses in the northwest. It is precisely because of this that a large number of people in the northwest were outflowing, which led to the local separatist forces being rampant.

But now, SIA's low-price policy has opened up a new situation for prosperity and stability in the entire northwest region. As agricultural and sideline industries have once again become profitable and even profitable, a large number of mainland investment and agricultural population have poured in.

The farmers in our country are the most diligent in the world. In order to get rich, our farmers go to Russia to farm, Africa to farm, and South America to farm. As long as we can make money, we are willing to go anywhere. There is no reason that we cannot go within our country.

As long as population inflow and society is stable, the country's public safety expenditure will generally decline. It is very cost-effective to bear the operating expenses of SIA in the long run."

Once this statement was released, others were lamenting that the Rabbit government was really rich, but Ichiro Sakamoto, who had been in the Rabbit's house for ten years, was shocked in his heart that the Rabbit's farmers looked honest, but they could do anything to make money!

How did the ethnic minorities in the Rabbit family come from? But if they can't fight these seemingly weak farmers, they become ethnic minorities!

Western countries paid a huge price to disrupt the northwest of the flower planters, but now it has been cracked by an airline.
Chapter completed!