LightReader

Chapter 453 - Chapter 452: A Massive Profit

Gale Capital.

"Boss, it's only been less than 40 minutes since the collision incident occurred and barely 30 minutes since it was publicly announced. The Nikkei Index has already dropped by 7 points. The market value of many listed Japanese companies has fallen by more than 2%. Especially consumer goods and electronic brands like Sony and Panasonic, their decline is even more alarming, exceeding 2.9%, approaching 3%."

At this moment, Kyle had just rushed back to the company. Ms. Kelai Lai, the company's chief data analyst, reported with an excited face.

Hiss~

Kyle looked at the simplified report in his hand and couldn't help but suck in a breath of cold air. "In other words, in just this short time—half an hour—the $2 billion we invested, under 20x leverage, has already earned $310 million?!"

The chief data analyst, Ms. Kelai Lai, nodded and said, "Boss, to be precise, it's already $340 million now."

In the brief time between the report being generated and Kyle reading it, they had earned another $30 million.

What kind of speed was this?!

This was practically robbing Japan of its money!

No! Even robbing a bank wouldn't be this fast!

Not long ago, Kyle had told Little Edward Roski that he could earn the renovation costs for the manor in an hour, and enough for a Depeche Manor in a single day.

However, it now seemed that Kyle had completely underestimated the madness of the Japanese financial market.

In just over half an hour, the money Kyle had earned was enough to buy several Depeche Manors.

"Hahaha, the boss is right!"

Andy Cherop, the company president, laughed loudly. "The reason we could earn so much money in such a short time is thanks to several large local Japanese investment banks and hundreds of small to large investment firms. Without these 'collaborators' leading the way, our $2 billion alone, even with leverage, would never have been able to stir up such a storm."

Collaborators?

Indeed!

Looking at any major fluctuation in any financial market worldwide,

the ones who often cause the most damage are not a single initiating investment bank or some foreign firm, but precisely these local collaborators. They cause the greatest harm!

The Japanese real estate bubble in the early 1990s;

The Asian Financial Crisis of 1997-1998;

Even this current political incident triggered by the sinking of the Ehime Maru—the people causing the most severe losses in Japan's futures, stock, and foreign exchange markets are these local collaborators. These insiders within the japanese pushed Japan's financial market into the abyss step by step.

"Practitioners in the financial market are a group of people with the least bottom line or morality. The word 'nationality' has almost no binding effect on their ethics," Ms. Kelai Lai, the chief data analyst, sneered.

Hearing this, Kyle waved his hand and said loudly, "Never mind them. We'll earn our money while they lead the charge."

Many people immediately burst into laughter.

Earning money was just too easy.

It couldn't be helped; who told Gale Capital to enter the market earliest? Conversely, other Wall Street investment banks weren't slow, but they couldn't mobilize more than $2 billion like Gale Capital in such a short time.

"Being one step ahead means being the first to grab the money!"

This is an Eternity truth in the financial market... 

Japan's Financial Regulatory Department.

The officials, who were usually high and mighty, were now all red-faced—not from excitement, but from rage.

"Baka!"

An old man trembled with rage. "In just over half an hour, the number of international buyers and investment banks entering our financial market is already countless. Capital from America, Asia, and Australia is pouring in frantically. The total amount of floating capital has already exceeded $150 billion! And it's still growing rapidly."

How could they not be angry?

Whether it was Kyle's Gale Capital or any investment bank in the World, they were all like sharks smelling blood, charging in frantically to blatantly rob Japan of its massive Fortune.

But!

Where was the Japanese Prime Minister, who should have stepped forward immediately to stabilize the people's hearts?

"Where is Prime Minister Yoshiro Mori now?"

"Why hasn't he stepped forward yet?!"

"The longer this drags on, the greater the damage will be. If not handled well, it might even trigger an even larger financial collapse!"

At this critical moment of crisis, the Japanese Prime Minister had yet to appear.

On the other hand, the U.S. Federal Government and Military moved much faster, holding a press conference immediately to issue a public statement on the Ehime Maru incident.

Consequently, "Where is the Japanese Prime Minister?" quickly became a hot topic of concern for the people of both Japan and the U.S.... 

Quantum Fund.

"We wish he would show up even later!"

"Exactly!"

"Every minute Yoshiro Mori delays his appearance is another minute we can earn more money!"

"That's right. Once he appears to stabilize the Japanese people, even if he orders the mobilization of Japan's foreign exchange reserves, it won't be as easy for us to make a Fortune as unscrupulously as we are now!"

From Soros at the top of the Quantum Fund down to every executive and every ordinary trader, everyone felt their blood boiling at this moment.

Although since the Asian Financial Crisis of 1997, governments in various Asian countries and regions had strengthened their supervision of foreign capital and adjusted their financial response policies, making it harder for international buyers and investment banks to earn money easily, as long as there are orders and rules, there will always be opportunities to exploit.

The Ehime Maru incident was a political event, but in the eyes of investment banks, it was an opportunity to make a Fortune!

A once-in-a-lifetime chance!

A while longer passed, and Japanese Prime Minister Yoshiro Mori still hadn't appeared, causing Japan's stock, futures, and foreign exchange markets to continue their decline.

Wails of despair were everywhere!

Matsushima Service Products Company was a prime example.

"I am a living tragedy!"

"The real estate bubble in the early '90s cost me at least $1 billion; the Asian Financial Crisis in 1997 caused the market value of my Matsushima Service Products Company to drop by half, almost leading to delisting; now, just as I finally recovered, I'm being robbed by a pack of wolves again!"

Taro Matsushima, the president of Matsushima Service Products Company, felt like dying right now.

A sudden political event had quickly evolved into a financial disaster, causing massive destruction in a short time.

Although it wasn't as turbulent as the 1997 Asian Financial Crisis, it still caused many companies' market values to suffer greatly, leaving a trail of devastation.

Many enterprises wouldn't even dream of recovering for a year or two!

However... many large local Japanese investment banks and hundreds of small to medium ones were absolutely ecstatic; these collaborators had made a killing.

As the investment company that caught the first wave of dividends, Gale Capital undoubtedly made a Fortune as well!

More Chapters