Chapter 969 It’s not time to close the net yet!

February 18, 1985.

The twenty-ninth day of the twelfth lunar month.

This year, because there is the 30th day of the twelfth lunar month, tomorrow is New Year’s Eve.

Even then, the people here at Repulse Bay Villa are busy preparing for the upcoming New Year's Eve and Spring Festival.

Yang Ming did not go to work at the Empire State Building today.

When Yang Ming sat down in the garden, Lin Dezhong said: "Young Master Yang, I have sent out all the invitations to this year's New Year's Eve banquet."

The New Year's Eve banquet here at Repulse Bay Villa is becoming more and more lively every year.

The most important thing is to invite more VIPs.

In previous years, it was held on the second underground floor, but this year it was held in a large square nearby.

This large square was also rebuilt reasonably in the past few years after Yang Ming spent money to buy the surrounding land. It covers an area of ​​nearly tens of thousands of square meters. Many precious flowers, plants and trees were planted around it, making it look like a garden inside and out.

In addition, nearby, there is a Feng Shui pond with many carp in it.

When Yang Ming went to Toyo, he was very impressed by the fat carp at Toyo's Setagaya Villa.

After returning to Xiangjiang, he also had a pond dug and the carps were raised in it.

"Xu Qingsheng is back?"

"Young Master Yang, Xie Yan has already gone to pick him up."

Xu Qingsheng came back by plane this morning, but he hasn't returned yet.

Chen Zhenhua did that for Yang Ming in Goryeo, and Yang Ming gave him a large sum of money. Considering that he is now in his thirties and not yet forty, he can almost retire as a bodyguard. .

Chen Zhenhua didn't want to retire so soon. He took the money and returned to Xiangjiang, just to buy a house. Now he still works for Yang Ming in the Repulse Bay Mid-level Villa.

As for Xie Yan, he often follows Yang Jirong.

. . .

Half an hour later.

A young man in colorful clothes got out of the car. Wasn't it Xu Qingsheng who had returned from Japan?

Xu Qingsheng took off his sunglasses and greeted Lin Dezhong, then walked over and greeted Yang Ming respectfully.

"Boss, I'm back."

"I've been waiting here for you."

Yang Ming and Xu Qingsheng went to the main square and looked at the lotus pond. The water in the lotus pond was recycled mountain spring water, and the carps in it were bought from Dongyang.

"Boss, Tokyo's housing prices have soared more significantly compared to last year." Xu Qingsheng said from the sidelines.

When Yang Ming planned to develop real estate in Dongyang, Xu Qingsheng couldn't believe it.

Unexpectedly, in the past two or three years, housing prices in Dongyang have increased significantly year by year.

"It's okay now. When the Five Nations Plaza Agreement comes out, not only will the Japanese yen appreciate significantly, but housing prices will become even more obvious."

For Yang Ming.

The sharp depreciation of the U.S. dollar against the Japanese yen before and after the Plaza Accord was also a very good investment opportunity.

After the Plaza Accord was signed, the five countries began to jointly intervene in the foreign exchange market and sell a large amount of U.S. dollars in the international foreign exchange market. This then led to a selling frenzy among market investors, leading to a sustained and substantial depreciation of the U.S. dollar.

Historically, in September 1985, the Japanese yen exchange rate fluctuated around 250 yen per US dollar. In less than 3 months after the Plaza Accord came into effect, it rapidly appreciated to around 200 yen per US dollar, an increase of 20%.

At the end of 1986, 1 US dollar was worth 152 yen, and in 1987 it reached a maximum of 120 yen per US dollar.

Looking at the nominal exchange rate of the Japanese yen against the US dollar, from February 1985 to November 1988, it appreciated by 111%; from April 1990 to April 1995, it appreciated by 89%; from August 1998 to December 1999, it appreciated by 41% .

Looking at the real effective exchange rate of the yen, from the first quarter of 1985 to the first quarter of 1988, it appreciated by 54%; from the second quarter of 1990 to the second quarter of 1995, it appreciated by 51%; from the third quarter of 1998 to the fourth quarter of 1999 Quarterly, appreciation was 28%.

In Yang Ming's view, these are very good investment opportunities.

This can be done by investing in foreign exchange in Japanese yen and US dollars. Yang Ming can obtain a large amount of wealth and then enter the real estate in Japan.

In 1990, before the Toyo Real Estate bubble burst, he quickly left two years in advance.

So I don’t know how much wealth can be taken away from Dongyang.

Today, changes in the exchange rate of Toyo Real Estate and the Toyo yen are step by step to prove that the world has not changed the Toyo market and economy because of the arrival of Yang Ming.

"After the New Year, when you return to Toyo, you only need to keep an eye on Toyo's real estate. As for Japanese yen foreign exchange futures, I will let others take charge."

"Yes, boss."

Now Yang Ming is looking at the fat carp here in the lotus pond.

Yang Ming knew.

Dongyang has developed rapidly since the 1960s, especially in the 1970s.

Over the past thirty years, the people of Japan have accumulated a lot of wealth.

If these wealth cannot obtain more wealth through other channels, after the emergence of the Plaza Accord, the yen greatly appreciated, which caused a blow to the competitiveness of Toyo's exports and directly promoted the rise of Toyo real estate.

The large amounts of wealth accumulated by the people of the East naturally flowed into the real estate of the East.

However, in Yang Ming's view, Dongyang's population is limited. What's more, Dongyang began to age after the 1970s, and became more obvious after the 1980s. After the 1990s, the aging of Dongyang has become very serious. serious.

In this case, Dongyang's own people speculated in real estate, but in the end no one took over.

In other words, the real estate speculators ran away in advance.

Even if the Japanese don't puncture the real estate bubble themselves, sooner or later there will be a sharp decline because no one will take over.

"Qingsheng, this Oriental carp is getting fatter and fatter, but it's not time to eat it yet."

Xu Qingsheng smiled after hearing this.

He naturally understood what the boss was talking about.

Yang Ming fed the carp.

Had breakfast with Xu Qingsheng, Yang Jirong and his wife.

Xu Qingsheng also wants to go back to see his family.

He was over there in the East, but he did not take his family there because he was worried about being affected by the influence from the East. Xu Qingsheng knew that when his mission in Dongyang was completed, he would definitely be transferred back to the Xiangjiang headquarters.

In the morning, Yang Ming met Xu Qingsheng.

In the afternoon, Yang Ming met Barlow who flew back from London.

At this time, Barlow was already the person in charge of the Imperial Group in Western and Northern Europe.

In addition to the ongoing large-scale privatization of Country Y, the Imperial Group is also further swallowing up other industries in Country Y.

Last year, after Yang Ming acquired the Bosak Group in country F, he began to enter the industry of country F on behalf of the Imperial Group.

Now Barlow will report to Yang Ming on the situation at the European headquarters, as well as on the Empire Group's further entry into European luxury goods.

"Barlow, what is that Arnaud doing now?"

Last year, Yang Ming swallowed up Bossac Group and Dior Company before Arnault.

In fact, Yang Ming has changed Arnault's destiny.

However, this person's success in history shows that the other party is still very powerful. From the beginning to the end, Yang Ming will not underestimate the other party.

"Boss, after he came back from country M, because we acquired Bosak Group and Dior Company, he just refocused on real estate."

estate?

The Arnault family itself comes from real estate. Now Arnault continues to enter real estate because country F has also begun to gradually privatize on a large scale.

"As long as he doesn't develop into luxury brands, we will, in addition to further acquiring luxury brands in country F, also acquire luxury brands from Italy and Switzerland. When the time comes, we can capture them if we can."

Chapter two!

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