Chapter 238 Timing
Early the next morning, Cai Zhiliang looked through the newspaper and found that the Mingxiu Rich List still did not appear in the Mingxiu Daily.
The hottest news is still the two major award ceremonies a few days ago, with two focuses.
One is Leslie Cheung. After the Top Ten Golden Songs Award Ceremony, even if he retires from the music industry, he will focus on his development in the film industry in the future.
The other one is the dispute between Qianxi, which has something to do with Cai Zhiliang, or it can be said to have nothing to do with it. "Song of Thousands of Ques" and "Song of the Sunset", Priscilla Chan and Anita Mui, at the top ten golden song award ceremony, the Golden Melody Award should be lost.
Whose house.
From Cai Zhiliang's point of view, this is an interesting anecdote. If he really had to choose, he might also choose "Song of the Sunset" because there is a movie that interprets this song.
Today, Chu Tianxing was the first to arrive and reported to Cai Zhiliang on the situation of the Taipei stock market in the past week. Currently, the weighted index has passed the 12,400 mark and is constantly setting new records. Just like Tokyo before the stock market crash, there is no declining trend.
Finally, he concluded: "The turnover rate of the Taipei stock market is still very high, and there are currently no signs of slowing down."
"Funds from North America have also come in."
It was originally expected that with the bursting of the Tokyo stock market bubble, it would inevitably affect Taiwan, which is also in Asia. Fishing in troubled waters has not succeeded. But so far, Cai Zhiliang is not worried, saying: "With the strength of Japan's economy, it is not possible to
Under the impact of this force, let alone the Taipei stock market, the bubble will burst sooner or later."
"But under the strong impact of European and American capital, the Tokyo stock market has still persisted for two months. Should we leave some room?" Chu Tianxing reminded, after all, Taiwan's stock investors and financial investment institutions are still in a state of fanaticism.
It seems that the disaster in the Tokyo stock market has not been seen, or that Japan is just a temporary adjustment and cannot be treated as a big deal. The Taipei stock market has experienced several cuts in half before. The most serious one was a year ago, when it was cut in half.
But then it rose rapidly again.
"No need." Cai Zhiliang waved his hand and said, "I met with Mr. Thain this time and exchanged views. It is better to cut through the mess quickly."
After speaking, Cai Zhiliang asked: "You must have heard about the changes in Eastern Europe, right?"
"I heard when I was still in Tokyo that Germany was reunified, which really shocked many people. As one of the two major world organizations, the Warsaw Pact may become history." Most of what Chu Tianxing said was
In terms of political influence, he said: "The Japanese media are very excited and think it is a great opportunity to get rid of the influence of the United States and become a normal country."
Cai Zhiliang shook his head. He was asking about the economic impact, but Chu Tianxing may not have realized it yet, saying: "The drastic changes in Eastern Europe have attracted the attention of European and American capital. Some time ago, Zhu Guoxin told me something
, the financial systems of Eastern European countries are already on the verge of collapse, what does it mean for these investment banks?
, you also know, just like flies smelling blood. And as some European and American capitals have made huge profits, they have little interest in the Taipei stock market far away, and are already preparing to withdraw their capital in order to join this feast in time.
Therefore, there is not much time left for us, and it is destined not to last for a long time, so it is better to make a quick decision."
"Okay." Chu Tianxing nodded and said: "The Taipei stock market is not all Asian capital, there are many big European investment banks. If they intend to withdraw, it will also be good news."
"What goes up must come down." Cai Zhiliang said a common saying: "From the time when the Taipei stock market became the third largest stock market in the world, and the weighted index continued to rise to 12,000, its ending was destined, but the process was different, and the impact on the financial economy was
The impact is different. After all, Taiwan's economic scale cannot support such a high market value. It is safer to let it return to its original appearance now."
"Now Gold River Investment is very rich in cash. We can only increase the scale of the market as soon as the market opens after the year." Chu Tianxing glanced at Cai Zhiliang after he had just finished selling the world's largest stock market and then the third largest stock market.
At a glance, I have already shorted the U.S. stock market two years ago. I don’t know where the next target will be. It’s quite exciting to think about it. It corresponds to the mood of the ancestors of the Liu family when they wrote poems: The wind is blowing and the clouds are flying.
"Is the turnover rate of the Taipei Exchange still that high?" The turnover rate is also a major reason for the rise in the Taipei stock market, and its frequency far exceeds that of the New York stock market and the Japanese stock market a month ago.
"Otherwise, it would not be able to support such a high market value." Chu Tianxing said: "Although computers are convenient for trading, they have limits after all. After all, unlike Japan, there are huge funds and economic scale to support it."
Cai Zhiliang immediately asked: "How is the progress on Ouchi Yilong's side?"
Ouchi Ichiryu's main task in Tokyo now is naturally to expand the business of Shufang Securities Company on a large scale and quickly become one of the top ten securities companies in Japan.
"Not ideal." Chu Tianxing said: "At the end of the year, the Nikkei Index had dropped to 30,000 points. Although the Japanese reluctantly admitted that there was a bubble in the stock market, the market value has now fallen by nearly a quarter, which seems to be about the same.
It’s bottomed out, so now I’m starting to have illusions again, just like the global stock market crash two years ago, with the rapid growth of Japan’s economy, it will rise back up soon.”
"That means the time has not come yet?" This was something Cai Zhiliang did not expect.
"Yes, if the Tokyo stock market can stabilize, it will undoubtedly bring unpredictable obstacles to King River Investment's future acquisition plans. Goldman Sachs and Morgan Stanley are also the same, and their acquisition plans have been frustrated. However, the acquisition of Mingxiu Newspaper
It's going very well. We have acquired a small newspaper and plan to publish the Japanese version of Mingxiu Daily in Japan starting next month."
Chu Tianxing was also a little depressed. The script suddenly deviated from the track, resulting in a situation where he is currently riding a tiger. He said: "The property market in Tokyo is still strong so far. This is mainly due to the fact that after the stock market crashed, a considerable amount of funds entered the property market. Or
It’s possible to stabilize.”
During the last global stock market crash, the Nikkei Index also fell by nearly a quarter, and then surged, rising all the way to nearly 39,000 points. This is the most profound memory of Japanese stock investors in the past three years, and it is also based on experience. There is some truth.
.
"The investment scale of newspaper companies is relatively small, so it is naturally relatively easy." This is incomparable with the large-scale acquisition plan of Jinhe Investment.
Cai Zhiliang said: "If the Japanese stock market wants to stabilize and stop falling and rebound, unless the foreign capital that has withdrawn enters the Tokyo stock market again, how can it support the market value of the Tokyo stock market? Now everyone is waiting and watching. Japan's economy has experienced sharp decline in the past two years.
Growth is mainly due to the appreciation of the stock market, property market and the Japanese yen.
To a large extent, it has concealed the weakness of the Japanese economy. Especially as an export-oriented economy, the appreciation of the yen has led to a decline in exports. Coupled with the plummeting stock market, as long as the Japanese economy shows a trace of stagnation, already panicked investors will
If we lose the last bit of confidence, the property market will not be able to survive.”
Cai Zhiliang finally came to a conclusion and said: "Continue to sell short orders."
"I will notify Ouchi Yilong as soon as possible." Chu Tianxing asked: "Does the investment plan need to be slowed down?"
After the stock market crash, Cai Zhiliang, together with Chu Tianxing and others, after investigation and research, selected a group of industries and enterprises including finance, semiconductors, automobile heavy industry, and industrial robots, and prepared to acquire their equity and debt rights in the market.
It's best to get a controlling stake.
Cai Zhiliang pondered for a moment and said: "The nights are long and the dreams are many, so don't wait any longer. After Japan's economy collapses, European and American consortiums will come in to harvest. When the time comes, it will be the best, but it may not be our opportunity."
This is what Cai Zhiliang is worried about. Sometimes money cannot buy it, and the American consortium has an advantage in this regard. Now it is time to bite off a piece of meat before they can react.
Chapter completed!