"BOSS, we have made great profits in the Japanese financial market this time." As the chief investment officer of KY Investment Fund, David Anderson began to report his work to Yang Jing.

"Oh? Then let's talk about it." Yang Jing smiled and put down the chopsticks in his hand, and put on a gesture of concentration and listening.

"BOSS, according to your instructions before leaving last time, we have been longing the Japanese stock market for the past two years and longing the Japanese yen in the foreign exchange market. BOSS, I have to say that your judgment is really very accurate. The rise of the Japanese stock market in the past two years and last year can only be described as crazy, even more crazy than the crazy situation of the federal stock market before the stock market crash."

"According to your instructions, our Pacific Capital entered the Japanese financial market at the end of the year before yesterday. At that time, due to the impact of the federal stock market crash, the Japanese financial market had already touched the bottom at the end of that year, especially the Nikkei index, which only hovered around 20,000 points. It was at this time that we intervened in the Japanese financial market."

"Then starting from the beginning of the previous year, the Japanese stock market began to rise wildly. The Nikkei index nearly doubled in just two years, and finally avalanche collapsed on the last trading day at the end of last year. Although the Nikkei index collapsed for only one month, the Nikkei index has fallen from its highest high of nearly 39,000 points to nearly 5,000 points. According to your instructions, our Pacific Capital began to gradually close all the long positions in October last year, and then gradually established short positions since November last year. In the end, we made a profit of more than 10 billion US dollars in just one month!"

"Well, I did a good job, but I still have to keep working hard. I once told you that the Nikkei index should fall below 15,000 points within three years, so in the next three years, it will be a good time for our Pacific Capital to obtain enough profits in Japan." Yang Jing once again pointed out David.

"Yes, I understand what you mean!"

As early as after the stock market crash in the US stock market, Yang Jing began to shift his attention from the US stock market to the Japanese stock market and foreign exchange market. The five years from the beginning of 1988 to the end of 1992 were the best time to obtain huge benefits from the Japanese financial market.

To this end, Yang Jing also specially established Pacific Capital, which belongs to KY Investment Fund, and together with Atlantic Capital, hedging investment fund responsible for special hedging under the name of KY Investment Fund.

Atlantic Capital is responsible for funds on the U.S. East Coast and European markets, while Pacific Capital is responsible for funds on the U.S. West Coast, Japan, Asia’s Four Tigers, and Oceania.

The previous KYA Fund and KYE Fund were the predecessors of these two major funds.

Atlantic Capital is now CEO by Niam Wilson. After all, the markets on both sides of the Atlantic are much more stable than the financial markets on the west coast of the Pacific, and a steady financial expert like Niam is needed to take charge. However, with the first Gulf War that will soon begin and the bankruptcy of the former Soviet Union, Atlantic Capital, which has been stable for more than two years, is about to reveal its sharp teeth and obtain greater benefits.

The collapse of the Japanese financial market in the late 1980s and early 1990s was a great profit opportunity for hedge funds, and the Asian financial crisis that broke out in 1997 were all the favorite markets for hedge funds. Therefore, in the next few years, Pacific Capital needs someone with strong control to take charge, so David Anderson will temporarily serve as CEO of Pacific Capital.

David Anderson is responsible for the speculation against Japan's financial market this time.

Now it seems that the harvest is obviously very good!

Before this stock market crash, Japan's GDP total exceeded that of the former Soviet Union, second only to the United States. This stock market crash will squeeze out all the bone marrow of Japan's financial market, so Yang Jing will never miss this good opportunity.

David Anderson obviously did a great job. In just one month, shorting the Japanese stock market has made more than 10 billion US dollars.

Now it's not just David Anderson, but also several senior executives in charge of specialized investment, all felt incredible about Yang Jing's judgment. If the boss's operations were amazing in the stock market crash in 1987, then the boss immediately turned into a rhythm controller during the ups and downs of the Japanese stock market, as if the ups and downs of the Japanese stock market were based on the boss' wishes.

The boss said that the Japanese stock market would collapse at the end of last year, and the Nikkei index would not exceed 40,000 points, and it turned out to be so. It was precisely because of the boss's accurate judgment that KY Investment Fund was able to make extraordinary profits from this major fluctuation in the Japanese stock market.

You should know that Pacific Capital's profit this time is not only the profits of short selling in this stock market crash. In the past two years, Pacific Capital has been longing for the Japanese stock market. In two years, the Nikkei Index has almost doubled, and the profits are also huge.

This operation method, which is the opposite of the opposite, is the most and one is the short, has made huge profits of more than 50 billion US dollars for Pacific Capital in the past two years!

Now the boss said that the Nikkei Index can actually fall below the 15,000 point mark. Doesn’t that mean that in these five years, Pacific Capital will at least make more than 100 billion US dollars in the Japanese financial market!

This is a level of 100 billion. In this era, this level is almost an unimaginable number!

As the CEO of KY Investment Fund, Henry Williams is not less concerned about the financial market in Japan than David. He asked: "BOSS, although we all knew that Japan's economic overheating was beyond imagination, how could you tell that this stock market crash in Japan will last for several years?"

Yang Jing smiled and looked at the senior executives of the company who were full of curious babies. He knew that they had to explain their doubts today, so he said: "Actually, this is very simple. Judging from Japan's own economy and the global environment, it is easy to find the key points from it, and then analyze it, and guess the time when the Japanese stock market collapses."

"First of all, Japan's economy began to develop rapidly after entering the 1970s, which is a good thing, but the arrogant personality of Japan added fire to this wave of rapid economic growth. We all know that it is definitely not good if the economy does not develop, but overheating economic development may not be a good thing. Japan's economy has actually been a bit overheated in the past twenty years. But, Japan did not realize this, and they even disliked that the economic growth of their own country was not rapid enough. In the eyes of Japan, the final result of Japan's total economic output exceeding the United States."

Hearing this, the people at the table laughed. The boss said it was right. Japan's economy has developed very quickly in the past 20 years, but if you want to catch up with the United States, it would be a fool.

"The Japanese did not realize that their economy had entered a dangerous period since 1985. Uncontrolled rapid economic growth is actually a very dangerous thing. If the Japanese realized this at that point, then they could regulate the economy through policies and strive for a safe soft landing for Japan's overheated economy. Unfortunately, the Japanese have been completely blinded by this unprecedented prosperity. Not only did they not regulate, they allowed this situation to continue to accelerate."

"A very simple data, the Nikkei index rose from 13,113 points in February 1985 to 26,000 points in September 1987, and nearly doubled in two and a half years. This is an incredible thing in itself. Of course, at this point in time, the economy that grew too fast like Japan's economy is our federal economy, our S&P 500 Index and the Dow Jones Index are also so crazy, so, the stock market crash broke out uncontrollably the year before yesterday."

When Yang Jing heard that stock market crash, several people showed very uncomfortable expressions on their faces. On the one hand, their country was seriously hit by the stock market crash, and on the other hand, the KY Investment Fund they worked in made a fortune in the stock market crash, which made them really contradictory.

Yang Jing saw their expressions, and of course he would not explain it to this matter. These people here are financial elites, and they can distinguish the differences between personal feelings and work.

"The stock market crash two years ago was also traumatized by the Japanese stock market. I remember Cesar also made a lot of profits from the Japanese stock market during that stock market crash, right?"

Cesar smiled and nodded, "BOSS, that's all you have the best guidance."

Yang Jing nodded slightly and continued, "In theory, the stock market crash in 1987 has sounded the alarm for Japan, but unfortunately, Japan not only failed to learn from the collapse of the US stock market, but it immediately recovered. After the index bottomed out that year, it began to rebound immediately. I remember several data. The Japanese stock market continued to rise at the beginning of 1988, and at the end of the year, the Nikkei index had reached a new high last year and reached 38,915 points on December 19, up more than three times from the lowest point in 1985. In 1989, the market value of Japanese stocks was as high as 630 trillion yen, which was 1.6 times that of GNP that year, and in 1985 it only accounted for 60% of Japan's GNP. Are my data correct?

David Anderson nodded.

Yang Jing continued: "Such weird data should not appear in a mature market like Japan, but it just so happened. The emergence of such weird data has actually sounded the prelude to the avalanche of Japan's financial market. It is just that before the last trading day at the end of last year, some external conditions are needed to completely trigger this avalanche."

Henry asked curiously: "BOSS, those external conditions are..."
Chapter completed!