Chapter 382 Taking the old man to drink soup(2/2)
"How can you guarantee that your investment will make money? What if you lose money?" Chen Yangzhe looked at his confident grandson with interest.
Qin Hao spread his hands and said, "If you lose, I will pay double the amount of the loss."
….
Losing money? Impossible. Japan’s economic bubble is about to burst and enter a thirty-year recession. By then, you can make money with your eyes closed.
"Okay, deal!" Chen Yangzhe thought about it again and again, but decided to agree. He also wanted to see what kind of changes this half-dead Shunyang Financial would have under the leadership of Sun Tzu.
After achieving his goal, Qin Hao briefly explained his investment plan. In fact, to put it bluntly, the first step is to short the Japanese economic pillar companies, such as Sanyo, Toshiba, Panasonic, Toyota, etc. The reason why he chose to short the stocks of these companies is,
The main reason is that the appreciation of the yen brought about by the Plaza Accord and the US tariff controls have led to a sharp decline in the performance of these companies. In addition, due to the Japanese economic bubble, the stock prices of these companies have been copied due to their extremely high nationality.
The price is sky-high, and the higher you climb, the harder you fall.
Qin Hao's second step plan is to short Japanese real estate. Related insurance, credit, and real estate company stocks are all Qin Hao's goals.
In 1987, land prices in Ginza increased by 40%, and in the same year, housing prices in Tokyo also increased by 53%. As of 1989, Japan's housing prices were rising at a rate of 15% every year. By 1990, the total land price even reached 23.654 million
billion yen, reaching 5.5 times the GDP of that year.
Even among some middle-class people in Japan, there are "bold words" such as "Sell Tokyo and buy the entire United States."
Qin Hao knew very well that 1990 was the turning point of Japan's property market collapse. The Japanese who once clamored to buy the United States would soon find that it was time to wake up from the dream, and the reality would be more terrifying than the nightmare.
After listening to Qin Hao's plan and analysis, Chen Yangzhe also felt that there was much to be done. Although he had not systematically learned financial knowledge, he also knew that false prosperity like the Japanese stock market and property market would not last long. The previous "Black Monday"
"It's still vivid in my mind. Even a powerful country like the United States can't withstand the economic bubble. Why does Japan?
But he is not sure whether the economic bubble will burst this year as Sun Tzu said.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! After Qin Hao walked out of the office, Chen Yangzhe called Director Li to him: "You go find a professional financial team to analyze the Japanese economy.
The probability that the bubble will burst this year.”
"Yes." Director Li was about to open the door when he was called back.
Chen Yangzhe warned again: "Call back the people you asked to fire before."
Although Director Li was puzzled, he did not hesitate to execute it.
Looking at Director Li's back, Chen Yangzhe showed a smile: "You brat, I'll leave you to deal with the people who offended you. Don't let me down!"
During the dinner, Chen Yangzhe announced that Shunyang Financial would be independent and handed over to Qin Hao for management.
Once the news was announced, the expressions on everyone's table were very interesting.
Chen Yongji and his wife were obviously very surprised. Soon, Chen Yongji came to his senses and looked at his brother with a gloating look, which was very obvious.
"Look, your son has reached out to me."
Chen Dongji was also confused, and even suspected that he had heard wrongly. After reacting, he looked at his son with an angry look. He had no choice but to vent to his son because he did not dare to stab the old man.
Chen Dongji was in this state until he was on the way back. Qin Hao was speechless and only said to the cheap daddy when he got home.
"Dad, you don't think that Shunyang Financial is really your property because it is under the name of Shunyang Insurance, right?"
Chen Dongji was shocked when he heard this, but he still said unhappily: "At least it's an industry that I can get involved in, right? You brat, instead of robbing the company run by your uncle, you're planning on your father!"
Qin Hao rolled his eyes. With his qualifications, no wonder he couldn't defeat Dafang and his son.
"Dad, do you think grandpa has reached the age where he needs to make up his mind and decide on his successor?"
"you mean......."
"What you get now may not be yours. This is a long-distance race, so you have to be patient!"
Chapter completed!