Chapter 1309 Is There Such an Operation?

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Hong Kong, The Peninsula Hotel.

Yoshida from Japan's Nomura Securities is drinking afternoon tea on the balcony of the sea view room. He is silently watching the sea water of Victoria Harbour, but his mind is divergent thinking about many, many events.

The Rabbit family has been engaged in the "Western Development", and has been making troubles for several years, but the results have not been satisfactory. In recent years, the "Belt and Road" initiative has been launched, which seems unstoppable but also carries great shackles, like a giant dancing with chains.

Japan is extremely vigilant and opposed to Rabbit’s “Belt and Road Initiative”. The reason is simple. Japan is an ocean-type island country, and what it has to do is to use the ocean as much as possible. But in fact, if you open the world map, where is the center of the world?

It's Eurasia!

Americans have been called rednecks for a long time. What is the reason? Because America is in a remote corner, far away from the center of civilization. If World War I and World War II hadn't smashed the Eurasian continent to pieces, the United States would not have developed at all, and at most it would be a large Saudi Arabia.

With the United States' current powerful navy, it is very difficult for the rabbit to compete with it for the ocean. But the rabbit has a great advantage. The ancestors left behind a unique geographical condition for future generations-the best land in Northeast Asia has been occupied by the Han people.

If the Eurasian continent can be connected by land, there will be no such thing as the United States in future history. One of the reasons why the Americans are messing around in Central Asia and the Middle East is that they don't want to see anyone who can integrate the entire Eurasian continent.

And where is the center of Eurasia? Continue to look at the map, in Xinjiang where the rabbit lives. Why does Urumqi in Xinjiang not have a well-developed economy but have a large airport? It is because it is the closest to any point in Europe and Asia.

The "Belt and Road" plan is very grand, but it also brings great difficulties just because of its grandeur. Some difficulties are man-made, and some difficulties are brought about by the geographical environment. For example, the China-Europe train runs from Yiwu to London, which takes more than 12,000 kilometers and takes 18 days!

If you can use the plane, it will only take more than ten hours, but the intercontinental flight requires a large plane, and the cost of large plane transportation is too expensive!

The reason why the "Western Development" was extremely slow back then was because a large number of railways needed to be built. The investment is large, the construction period is long, and the supporting facilities are complicated. This cannot be done overnight.

In fact, Western countries were not interested in the Belt and Road Initiative at first, and Japan and the United States have been fighting against it. They all felt, ‘Fuck, if such a difficult task is done by a rabbit, there is still a way for me to survive? '

But now the emergence of Singapore Airlines has made the Japanese feel a lot of pressure. Judging from the current popularity of the flower planter's northwest-to-southeast route, those rabbits are really fearless and dare to think and do. The most important thing is that they seem to be really going to do it!

When Ichiro Sakamoto, who was wandering in the northwest, sent back the idea of ​​shorting the stock of Singapore Airlines, the Japanese cabinet attached great importance to it and asked the domestic financial community to investigate the feasibility. If it can be destroyed, it must be destroyed.

After reading Ichiro Sakamoto's report, the senior executives of Nomura Securities also felt that there seemed to be a lot of oil and water in it. It's not beneficial not to get up early, and everyone rushes out only when they see the benefits.

Several Japanese financial institutions wanted to form a group to fight monsters, and Yoshida from Nomura Securities came here to find out the way. To be honest, after a cursory look at the listing information of Singapore Airlines, he also felt that this was a big fat sheep.

Singapore Airlines was spun off from China Southern Airlines not long ago, and China Southern Airlines was originally listed on the Hong Kong stock market. After the split, Singapore Airlines retains the ability to raise funds by listing on the Hong Kong stock market, which is very beneficial to Singapore Airlines, which is extremely eager for great development.

Yoshida made an appointment with the executives of Cathay Securities in Hong Kong today, and wanted to talk about the specific operation of borrowing stocks to short. It's just that when the two sides talked on the phone, the other party was not very optimistic about the prospect of shorting Singapore Airlines.

"Yoshida-san, your ideas are good, but sometimes companies in mainland China do not operate according to common sense. We can lend our Singapore Airlines shares,

But I don't think you can really short it. "

Yoshida was very surprised by the communication on the phone. He found all kinds of information he had collected again, but after thinking about it, he couldn't understand what was wrong. He found several other financial institutions, and even spent money to purchase secret business intelligence obtained by certain investigation companies. result…….

"Singapore Airlines was restructured, suspended and then resumed trading, and its asset information has changed many times. But it can still make a profit?" Yoshida was puzzled by this.

Singapore Airlines has seized the cargo market with ultra-low prices. It is not only profitable, but also extremely profitable. Yoshida has bank data from commercial espionage. From the perspective of cash flow, the daily gross profit of more than 100 large passenger planes of Singapore Airlines is more than 100 million yuan.

Still have this kind of operation? It's against the sky!

Impossible, this is absolutely impossible!

If a listed company actually discloses false data, it will be fined.

If the opponent is profitable, then shorting is a joke. Annoyed, Yoshida studied the information carefully, and first of all, he made sure that Singapore Airlines does not pay taxes and fuel costs. These are super preferential policies given by the state.

"What a generous support!" Yoshida sighed. He knows that fuel accounts for about one quarter to one third of the operating cost of a large airliner. The country will suffer huge losses if it bears this expense. "Sometimes I really envy the courage of the Chinese government, it's really ambitious!"

But even if there is a fuel subsidy, it will still be a loss!

Yoshida continued to look for what he wanted in various reports, but he soon discovered another strange thing-in the operating reports disclosed by Singapore Airlines, there was no airframe depreciation expense.

Hey... that's not right!

All companies in the world will have equipment depreciation expenses, how can Singapore Airlines not have it? This is not in line with common sense!

What is this operation?

Yoshida fell into doubt again. He had to call contacts everywhere, but no one in the entire financial world could explain the problem. A huge fleet is actually being used for free. Who would do such a stupid thing?

Yoshida finally found Cathay Pacific executives who were willing to provide him with information, and the answer he got was, "The matter of the Huahua government is so strange. Now the financial world is speculating, and there is no answer yet." '

More than 100 large passenger aircraft are worth tens of billions of dollars, and the annual depreciation for the entire operation period is more than ten or two billion dollars. You must know that many large companies do not earn more than one billion or two billion dollars a year! Who does this money belong to?

The world's arms giant, the famous Lockheed Martin, sells weapons all over the place. Without Lockheed Martin, the U.S. military would not have to fight. But its annual arms sales turnover is only more than 40 billion U.S. dollars, and its profit is only a few billion U.S. dollars.

The one-year depreciation of Singapore Airlines can kill Lockheed Martin!

For this question, Singapore Airlines will not make any explanation or disclosure. And just when all the puzzling vampires around the world were baffled, the Rabbit government stated that the depreciation fee of Singapore Airlines should be included in the annual public security expenditure of nearly one trillion yuan.

What? !

At the press conference of the State Council, the spokesperson publicly stated: "In the past, because of high logistics costs and low economic development, it was a loss to engage in agricultural and sideline industries in the Northwest. It is also because of this that a large number of people in the Northwest are leaving, which has led to local divisions. The power is more rampant.

But now Singapore Airlines' low-price policy has opened up a new situation for the prosperity and stability of the entire northwest region. As agricultural and sideline industries once again appeared to be profitable, even huge profits, a large number of investment and agricultural population from the Mainland poured in.

The farmers in our country are the hardest working in the world. In order to get rich, our farmers ran to Russia to farm, went to Africa to farm, and went to South America to farm. As long as we can make money, we are willing to go anywhere. There is no reason why we cannot go within our own country.

But as long as the population flows in and the society is stable, the country's public security expenditure will decline on the whole. Bearing the operating costs of Singapore Airlines is very cost-effective in the long run. "

Once this statement was released, others were still lamenting that the Rabbit government was really rich, but Ichiro Sakamoto, who had been in the Rabbit’s house for ten years, was shocked—the farmers of the Rabbit’s family looked honest, but they would do anything to make money come out!

How did the minority of the Rabbit family come from? But if they can't beat these seemingly weak peasants, they become a minority!

Western countries have spent a lot of manpower and financial resources to disrupt the Northwest of flower growers, and paid a huge price, but now they are cracked by an airline.

There is such an operation in the world?