Chapter 1223 Perfect Harvest of Japanese Wealth!

Huo Jianning stayed for lunch, and then went back to see his family after lunch.

That afternoon at 16:00.

Xu Qingsheng, who was far away in Tokyo, also arrived safely at the new Hong Kong International Airport by plane.

When he got on the car that Chen Zhenhua picked him up, he took the car back to the Repulse Bay Mid-Levels Villa.

At this time, Yang Ming was already waiting for Xu Qingsheng.

When Xu Qingsheng got out of the car, it was almost dinner time.

"Boss, I'm back."

Xu Qingsheng, who was still dressed in a Japanese style, looked at the boss Yang Ming and said.

"Have dinner first."

Yang Ming, Xu Qingsheng, Yang Jirong and his wife, Alina, Yingla and others had dinner.

After dinner.

Yang Ming and Xu Qingsheng went upstairs to the study.

Yang Ming was looking at the map of Dongyang, and Xu Qingsheng said, "Boss, I have sold all the properties I bought in Dongyang in recent years as you said."

In other words, at this time, except for a few office buildings in Dongyang, all other properties of the Empire Group were sold.

This time, the profit was far beyond many people's imagination.

It can even be said that since the 1960s, in the past 20 years, many middle-class people in Toyo or Tokyo have accumulated wealth, which has now turned into houses and flowed into houses.

The properties purchased by the Empire Group in the early 1980s have at least skyrocketed more than ten times, or even dozens of times.

In other words, all the investments have been sold at the beginning of the year, with a profit of dozens of times.

These wealth came from most of the wealth accumulated by the middle-class in Toyo in the past 20 years, and were harvested by Yang Ming. Then they flowed back to Hong Kong through banks such as Huifeng Bank and Zada ​​Bank.

Yang Ming then flowed into various fields according to the overall investment plan.

These funds could not flow into Hong Kong real estate again, because most of Hong Kong properties were in the hands of the Empire Group. Now that these funds of the Empire Group have not flowed into Hong Kong real estate, Hong Kong real estate will not be able to surge like before.

Instead, these hot money flowed into various parts of the world, promoting the development of the global economy to a certain extent.

However, Toyo is in trouble now.

At this time, Toyo's bubble economy was at its peak.

In 1989, the Japanese bubble economy reached its peak. Various economic indicators in Japan reached unprecedented high levels, but the so-called bubble economy began to decline because the rise in asset prices could not be supported by real industries.

Once speculators lose their desire to speculate, land and stock prices will fall, which will lead to book capital losses. Since many companies and speculators have previously taken into account the rising book capital and made excessive investments, they have brought about a large amount of debt. With the end of the central government's financial easing policy, the possibility of maintaining domestic asset prices in Japan no longer exists.

In addition, after the collapse of the United States in 1987, the Japanese stock market was the first to recover, and it led to the recovery of global stock markets.

Since then, the Japanese stock market has been on an upward trend.

In January 1987, the total value of securities on the Tokyo Stock Exchange exceeded 300 trillion, and the Nikkei index exceeded 20,000 yen in January and 25,000 yen in June.

In early 1988, the Ministry of Finance of the Toyo region launched the policy of "strengthening the flexibility of fund trusts with specific money trusts", which gave corporate investors a shot in the arm and encouraged corporate investors, and the stock market hit a new high.

In August, in order to prevent insider trading, the "Toyo Securities and Exchange Law" was promulgated, adding relevant regulations, requiring each company to separate the trading department and the investment consulting department.

In 1989, Toyo Bank gradually raised interest rates.

In December 1989, the Nikkei average stock index at the opening of the Tokyo Stock Exchange reached 38,915 points, which was also the last opportunity for investors to make huge profits.

Entering the 1990s, stock prices plummeted immediately.

By October 1990, the stock index fell below 20,000 points. There was a slight recovery in the first half of 1991, but the decline was more severe in the second half of the year. On April 1, 1992, the Nikkei average index of the Tokyo Stock Exchange fell below 17,000 points, and the Toyo stock market fell into panic. On August 18, it dropped to 14,309 points, basically returning to the level of 1985.

So far, the stock index has fallen by 63% from its peak, and the total market value of listed stocks has dropped from 630 trillion yen at the end of 1989 to 299 trillion yen, a decrease of 331 trillion yen in three years, and the bubble of the Toyo stock market has completely burst.

The Empire Group not only harvested Toyo real estate, but also harvested Toyo's stock market.

In fact, compared with Toyo's real estate, it is easier for the Empire Group to acquire Toyo's stock market.

The Empire Group has made a lot of profit in Toyo from real estate, stock market and other aspects alone.

As for other things, such as game consoles, comics and related derivatives, they are still much worse.

At this time, Toyo or Tokyo fell into an unprecedented investment excitement, and many unknown people borrowed money to buy properties in Toyo or Tokyo.

However, soon, that is, at the beginning of next year, when Toyo real estate is actively punctured, these investors who are in an unprecedented state of excitement will soon fall from heaven to hell.

Although the real estate in Dongyang is still soaring this year, Yang Ming knows that he can't make every penny. In other words, if all the properties are sold at this time, he will have reaped enough wealth from Dongyang.

"Boss, the housing prices in Tokyo are really getting higher and higher now, which is almost exactly the same as the real estate crisis in Hong Kong back then." Xu Qingsheng said.

However, Xu Qingsheng didn't know that this was completely different.

The real estate crisis in Hong Kong was affected by many factors, and the real estate crisis in Hong Kong was not caused by Hong Kong itself, but by the fact that houses could not be sold at all, and there was a direct sharp drop.

However, what happened in Dongyang was that Dongyang itself knew that the real estate prices were very high now, so high that it had affected all aspects of Dongyang's economy, so it had to make a hard landing directly.

Of course, these have nothing to do with Yang Ming.

At this time, he had asked the Empire Group to sell the properties there, and had gained a lot. In other words, this nearly ten-year layout was still very successful for the harvest in Dongyang.

In other words, Xu Qingsheng also made great contributions in Dongyang.

Then Xu Qingsheng will be transferred from Dongyang back to the headquarters of the Empire Group in Hong Kong and join the cabinet.

"Qingsheng, after the New Year, you will stay in Hong Kong and join the cabinet. However, the cabinet and the secretariat will select your successor in the next few days."

"Thank you, boss." Xu Qingsheng said excitedly.

Compared with Tokyo, Xu Qingsheng still wants to stay in Hong Kong.

Although he has been in Tokyo for these years, he has become accustomed to the life in Tokyo.

After talking with Xu Qingsheng for more than two hours.

After Yang Ming asked the bodyguard to send Xu Qingsheng home, Yang Ming was also very excited in the study.

Dongyang?

After being harvested by Yang Ming and European and American capital, Dongyang still suffered a huge loss, and it soon entered a period of decline for twenty years. (End of this chapter)