Chapter 1003: Excessive Diligence
In Shan Tianfang’s storytelling, there is a kind of Qinggong that is described as miraculous.
To describe it with his unique voice of smoking and drinking, it is "stepping on the toe of the right toe with the left foot, and then stepping on the toe of the left toe with the right foot again, rub rub rub, this is called swallows copying water three times, light work improves verticality Technique!”
For something that completely violates the laws of physics, only children who are fascinated by storytelling will take it seriously.
But in financial markets, especially the Japanese stock market where Newton has been kicked out, this kind of thing can come true.
After Ning Weimin got the money, of course he couldn't just keep it in his hands.
So the next day, he plunged into the Central District Sales Department of Nomura Securities.
His purpose is very clear, which is to use the newly obtained loan to increase his position in the stock market in the early stages of the main rise in the Japanese stock market, and to increase investment leverage as much as possible.
He must race against time and use a method similar to the storytelling method of "stepping on the left foot with the right foot, then the right foot with the left foot" to truly climb the ladder to become a billionaire!
But this time, Ning Weimin felt something different as soon as he showed up at the Nomura Securities Central District Sales Department.
He found that the sales department in front of him was completely different from how empty and calm it was before the interest rate cut. Instead, it became lively and overcrowded.
You know, Japanese people are actually very conservative.
I have worked so hard to earn that money, and I have never considered other financial management methods, so I just deposited it in the bank.
So in the past, Ning Weimin could see investors in this business department, and they were basically financial specialists from the financial departments of various companies who managed securities for the company.
There are also some children from rich families whose families own mines and have studied abroad.
There are also executives of certain listed companies or foreign employees of foreign-funded companies.
Not many ordinary Japanese who lack relevant professional knowledge participate in stock investment.
But there are obvious changes now.
Due to the influx of international hot money and the flooding of liquidity caused by three interest rate cuts, the Japanese stock market has risen rapidly recently.
The pushed up and detonated stock market has become the hottest topic in Japanese society.
And many business owners and small business owners with quick minds and spare money couldn't help but rush in once they realized that this market contained opportunities to get rich.
These smart people who are more sensitive to the smell of money now occupy the main space in the sales department lobby.
They crowded the business counter, and there were several long lines in order to open an account and inquire about related procedures.
In addition, the market conditions are in the red again today.
Whether it is the staff in the sales department, the customers watching the market, or the people queuing up to become customers, they are all in high spirits and full of desire for wealth.
So much so that the fine tradition of always keeping quiet in public places in Japanese society has been ruthlessly abandoned.
The environment in the business hall has become extremely noisy and noisy.
To describe it aptly, except for the difference in hardware, other aspects are really not much different from Ning Weimin’s impression of the retail investor lobby of mainland securities companies in the 1990s.
"Let me tell you, take a good look at the scene in this sales department now. Even a fool should understand that the financial sector must be rising sharply! I will definitely buy stocks of securities companies. You will definitely make money if you listen to me."
"It makes sense. In fact, insurance companies can also buy some. The only thing is, you must be careful about banks. The interest rate has been reduced now. It is likely to be even lower in the future. Do you keep your money in the bank? It was a good deal before, but the bank must be having a hard time. That’s why I invested part of my savings in stocks.”
"So, the risks in the financial industry are high. Especially Maekawa's financial surrender. I think sooner or later, Japan's financial market will be completely controlled by foreigners. Aren't you afraid? I think you should still believe in the government's policy of expanding domestic demand. There must be a lot of room for growth in the consumption sector. Department stores, clothing companies, and food companies will definitely increase their sales, right?"
"Haha, what you said is really interesting. Stock investment ratios It's all about courage. Although the retail industry is profitable, the problem is very limited. I would say that it is better to invest money in industries that are safer than finance and more profitable than consumption. Think about the metropolitan area reconstruction plan. Looking at the current land prices, of course real estate companies and construction materials have a bright future!”
“I don’t think so. If housing prices continue to rise, who can still afford them?” Let’s look at electronics companies and automobile companies. This is the foundation of our country’s trade. The era of Japan’s number one has officially begun. Don’t believe it. It’s just an exaggeration by foreign media to attract attention. Aren’t the profits of Toyota, Sony and Nintendo increasing year by year? What’s more, most stocks in electronics and automobiles have just fallen, and they are cheap enough to buy...”
That’s it, as long as you stand in the sales department. , you can hear such high-spirited talk about the stock market everywhere.
No matter which view you hold, whether it is right or wrong.
In short, these discussions all represent confidence in the stock market and the funds that are about to be invested in the market.
So there is no doubt that this is a sign that the bull market has begun and is irreversible.
And all of this, of course, strengthened Ning Weimin's determination to seize chestnuts from the fire.
It may seem like a reckless gamble, but in fact the risks are controllable and under control.
But on the other hand, it also means that the office conditions of the business office have deteriorated, and the sales staff responsible for reception at the counter are under great pressure.
In the past, when it was not so busy, Ning Weimin basically didn't have to wait too long when he came to the sales department to do something.
If you want to watch the market trends, there are enough seats in front of the display screen on the wall.
There is no such good thing now.
Everywhere was crowded, and the sales department staff at the counter were extremely busy.
Ning Weimin stood at the end of a shorter queue and counted the heads at the front door. There were more than twenty people.
He was suddenly filled with anxiety, feeling that if he had to queue up like this, it would be fast if he could wait in line for an hour.
I really wanted to leave.
But the problem is that it is definitely not cost-effective for him to do it another day. He must open a stock account with Dadao Trading Company as soon as possible.
You must know that doing business in Japan cannot be like doing business in China. You can regard the company's funds as your own private property and withdraw them at will.
If you do this here, you will not distinguish between public and private affairs, and you will be jailed.
Therefore, even though Ning Weimin obtained the 100 million francs from the mortgage of real estate in his personal name, he could invest it in the account of his offshore company.
But the funds on the account of Dadao Trading Company, as well as the Japanese yen and US dollars borrowed from the French in the name of the trading company, will not work.
If he wanted this capital to give full play to his snowballing skills and make money in the stock market, he had to invest in the name of Dadao Trading Company.
One is one, and twenty-two cannot be confused. There is no way around it.
The Japanese stock market is soaring right now, and Ning Weimin doesn’t dare to wait, in case he misses the main rise. Once he loses money, the more funds he has in his hand, the greater his losses will be.
For this reason, Ning Weimin thought for a while and decided to contact his stockbroker using the phone number of the sales department to see if there was any room for accommodation.
Not to mention, this call was made correctly.
Because Ning Weimin's assets have tripled recently, he has become a leader among high-net-worth clients.
A place like a securities company is the most snobbish, how could it be possible to treat him as an ordinary customer?
He has long been put on the list of VIP customers and requires special attention.
Although Ning Weimin is currently only focusing on how to operate financial magic, all he thinks about is how to maximize leverage and make a fortune.
I just ignored that because of the surge in wealth, my identity has undergone substantial changes, and I should enjoy certain privileges.
But his stockbroker Kenichi Sagawa could not take it lightly.
So when he received the call from Ning Weimin, Sachuan almost jumped up from his seat like a dog being stepped on.
Although he was taking calls from other customers at the same time, Sagawa still treated Ning Weimin as his first priority.
He immediately called a junior over and asked him to go to the front business hall and invite Ning Weimin to a reception room to sit for a while. He would definitely treat him as a guest.
Then he would deal with the customer on the phone as quickly as possible.
He just pissed himself off and rushed into the reception room in a panic.
When they met, without saying a word, they first bowed and apologized for keeping Ning Weimin waiting for so long.
Ning Weimin was confused by his eagerness with a mocking smile on his face.
Because to be honest, the reception Ning Weimin received far exceeded his own expectations, and it was actually pretty good.
Not only tea, drinks, and wine are available, but snacks and cakes are also provided.
In Ning Weimin's opinion, this small reception room is almost like an airport VIP waiting room, very comfortable.
He really couldn't understand why this stockbroker, who used to be relatively sane, had become so groveling.
Seeing him was like a slave seeing his master, and he wanted to lick his feet.
To be courteous for nothing is to be either an adulterer or a thief!
Did you do something wrong?
Thinking of this, Ning Weimin couldn't help but feel frightened, and he suddenly broke out in white hair.
Not for anything else, just because stock trading these days is not about placing orders by yourself through a computer.
You still have to rely on stockbrokers to complete stock transactions on the exchange.
Since it is a manual operation, errors will inevitably occur.
In fact, Japan has had several disputes involving losses caused by securities investments in recent years.
Almost all of them are bad things that can't be explained at all.
Customers who lose money always say that stockbrokers in securities companies are greedy.
In order to get customers to trade frequently, he recommended junk stocks to himself in order to earn commissions, and then traded them privately.
The stock broker also said that he was indeed the client who accepted the order over the phone.
The only fault is that the customer was vague and did not refuse clearly. There was a problem in the communication process.
This is what Ning Weimin fears the most.
After learning about these situations, in order to ensure the safety of his investment, he set an operating guideline for his stock trading.
Try to avoid convenience and give operating orders to the stockbroker on the phone.
Every time I make a transaction, I will visit the sales department in person, explain the transaction requirements face to face, and watch Sagawa place orders for him with his own eyes.
If you have no choice, you can only use the telephone entrustment method.
The next day, he will definitely go to the securities company's sales department to print out delivery orders in time to confirm whether there are any errors in the transaction data.
So now that he saw Director Sagawa behaving like this, he suddenly misunderstood.
I thought this guy was daring to take advantage of the fact that he was no longer in Japan, and made a mistake in his private operations, which caused him losses.
Can you still not be anxious?
So I didn’t bother to make other requests. I slapped the table with a serious attitude and asked to see the account transaction data immediately.
Sagawa was so frightened by this sudden move that he hurriedly followed the order and was in a panic again.
It wasn't until Ning Weimin got the account list that Sagawa typed out from the printer and saw with his own eyes that everything in his account was normal, that he really felt relieved.
Look at the fuss this has caused, it actually turned out to be something wrong.
But now, Ning Weimin felt even more strange.
Xin said that although his securities assets have tripled, he has reached a net worth of more than 30 million US dollars.
But for Nomura Securities’ top-ranked Chuo District Sales Department, he is considered a small fortune.
Definitely not among the top 100 net worth customers of this sales department.
It stands to reason that Nomura Securities is the basic stock of the Nomura Group and one of the largest securities firms in Japan.
The main profit of the sales department should come from large corporate customers, and there is no need to show off to individual customers like him.
What’s more, today’s stock market has become more and more prosperous, and Japanese people have begun to rush to open accounts, so they don’t have to worry about having no leeks to cut.
Why does Sagawa have to be so flattering to him? Is such a performance too exaggerated?
(End of this chapter)