Rebirth: My 80s

In the "small black room" of the Hong Kong Overseas Trust Bank's branch in Japan, Old Sun looked a little embarrassed, and it was difficult for him to argue that the responsibility was not his.

It must be admitted that although their bank ranks among the top three in Hong Kong and is quite famous in many Southeast Asian countries, it is only a third-rate bank in Japan, which has a developed economy and many local banks.

Some businesses can only be said to exist, but the scale - even these two words are not easy to use to describe it, it is really pitifully small, such as the securities business.

Facing the big big big boss sitting on the sofa, Lao Sun smiled awkwardly and said: "You want so many U.S. debt securities, we really don't have them."

Li Jiankun: “Hmm?”

Old Sun immediately rescued him by saying, "But you can borrow it!"

Li Jiankun: “Yeah.”

He finally convinced the young hero and his wife last night and was about to start trading, but you said there was no stock...

Since his own bank has securities business in Japan, Li Jiankun certainly plans to operate the next two transactions in his own bank.

This has three benefits:

1. It can save a considerable amount of handling fees.

2. No need to pay a high deposit.

3. Even if you use high leverage, you don’t need to worry about your positions being forced to close due to the securities company’s aggressive operations.

Old Sun bowed slightly and made a gesture to leave: "I'll go right away?"

Li Jiankun glanced at him and said, "What are you waiting for?"

He pointed at the young hero and his wife who were sitting at the desk and looking sideways at them:

"I didn't see the rice being put into the pot."

"Yes, yes." Old Sun rushed out of the room, not daring to delay for even a moment.

He has a lot of troubles in his heart but can't express them. This really poses a problem for him.

He couldn't understand the boss's tricks.

If you say you are going long on the Nikkei Index by 500 million US dollars, it is still understandable, after all, the Japanese stock market is in a good situation now.

However, it is relatively stable. Normally speaking, there is no possibility of a sharp increase in the short term.

Almost all economic experts and financial investors think so.

So, even if a large long position on the Nikkei Index will not succeed, the possibility of loss is not great, and the final result will most likely be just a loss of transaction fees.

And because the bank is owned by the big boss, the fees can be reduced to a minimum, except for the interest paid on borrowed securities.

But using 500 million US dollars to short US debt... Lao Sun is really a little confused.

The US dollar, as the only currency in circulation in the world, is stronger than twenty-year-old boys and girls.

In addition, the United States often issues treasury bonds with high interest rates, which are in short supply in the market. Almost every time U.S. Treasury bonds are issued, they will lead to a rise in the U.S. Treasury bond index.

Are you going to short it significantly?

Or is it a 500 million US dollar deal?

What's going on?

What a pity, I am a nobody, how dare I question the big boss's decision? Besides, the two experts who came back from Wall Street didn't say anything, so I had better keep it to myself and do whatever they ask me to do.

This is also the reason why Lao Sun has a headache:

As we all know, whether you are long or shorting stocks, you are essentially playing with futures.

It is not difficult for the big boss to go long on the Nikkei Index. He can just buy the futures contract now and sell it after the price goes up.

However, shorting U.S. Treasuries is not that easy. You need to first get a batch of U.S. Treasury securities and then sell them according to the current market conditions.

The big boss’s capital is 500 million US dollars.

Be prepared to use the highest leverage.

The amount of U.S. Treasury securities needed exceeds 10 billion!

Does this mediocre securities department of a third-rate bank look like it has tens of billions of U.S. Treasury securities in inventory?

After Old Sun left, only Li Jiankun and Wu Yingxiong were left in the office.

Wu Yingxiong: "Brother Kun, can you take it easy? I won't advise you to stop shorting the dollar, but can you please stop adding leverage?"

Feng Xiaowan: "Don't increase leverage so much, it's simply... scary."

It is worth mentioning that the maximum leverage ratio in stock trading is not consistent and fixed all over the world, but depends on the regulatory policies of different countries and regions, as well as market conditions.

In addition, there are differences in different eras.

The highest leverage in this era is usually much higher than that in later generations.

Li Jiankun decided to be more assertive: "I know my limits."

Wu Yingxiong: “…”

Feng Xiaowan: "..."

The two were very suspicious.

Brother Kun’s short-selling strategy on U.S. debt looks like a “suicidal” act to anyone, let alone them.

……

……

In order to get the goods as quickly as possible and not make the big boss wait anxiously, Lao Sun did not go to look for the heads of small banks at the same level with whom he had some relationship.

Now, he arrived at the headquarters of Dai-ichi Kangyo Bank in Tokyo.

This is the largest commercial bank in Japan.

It is currently one of the top ten banks in the world in terms of assets.

In 1986, next year, it will become the world's number one.

When Lao Sun found the head of the securities department of Dai-Ichi Kangyo Bank and entered a meeting room with him, in another meeting room not far away, there was a man of similar age to Li Jiankun who was in a very different situation.

This person's surname is also Sun.

"I'm really sorry to disappoint you, both of you. You trusted me so much and invested in me when I first entered the business world. I'm always grateful. Now that the business has failed, the only thing I can do is to prevent you from suffering any losses."

The young, already somewhat beaten-up man handed the two remittance slips he had just processed to the two persons in charge on the opposite side with both hands.

At the same time, my heart is bleeding.

He knew that this amount of money was nothing to the two major investors.

But this was all the money he had, including a 600 million yen loan from the Dai-Ichi Kangyo Bank.

Some people say he is stupid.

Since it is an investment, there are of course risks.

It is normal to make a profit or a loss, and there is no need for him to return the investment.

He didn't explain it to those people.

Those people didn't understand his ambitions either.

He is powerless to change the situation after this business failure. If he does not return the investment, with such a criminal record, will anyone be willing to invest in him in the future?

He would never give up his business because of a failure.

Another thing is to understand what these two companies are.

Toshiba and Fujitsu.

And their background.

Mitsui and Fuji.

Two of the four major Japanese chaebols.

This made them unhappy. The young man thought that it would become extremely difficult for him to have a place in the Japanese business world, and the efforts he would have to make in the future would definitely not be measured by the investment money he was returning now.

Kitahara Sosuke, senior vice president of Toshiba Group, raised the remittance slip in his hand and smiled warmly:

"You didn't have to return the money. Your business was not doing well and you suffered losses. You have done this, which shows your credibility. You are a young man worth associating with. I believe we will have opportunities to cooperate in the future."