Soviet Godfather - v5 Chapter 230
Although Tsui Yoshiaki didn’t know who his opponent was, he was extremely angry that his company was sniped. So he pledged his stock to the bank to raise an emergency fund to control the situation. According to the trading rules of the Tokyo Stock Exchange, stocks above 500 yen will have a daily rise or fall limit of 10%, while stocks below 500 yen will have a 15% rise or fall limit. Less than 200 yen is 20%. In addition, although the Tokyo Stock Exchange implements a zero-trading model, allowing same-day buying and selling on the same day, a fund can only be bought and sold once in a day. The reason for this design is to prevent excessive speculation in the market and damage the healthy development of the Tokyo Stock Exchange.
There are many listed companies under the Seibu Group, but the core ones will always be Seibu Real Estate, Seibu Railway and Seibu Department Store. These three are the largest stocks of Seibu Group by market value. It is also the face of the Seibu Group. Prior to this, all the listed companies under Seibu had lowered their limits for two consecutive days. If they were pressed on the lower limit again by Kufang today, then the myth of Seibu’s invincibility would be shattered. Tsui Yoshiaki knew that today is his last chance to revive the confidence of Seibu Group shareholders.
Soon after the market closed last night, Seibu Group made a public announcement that Seibu Group would use its own funds to repurchase its own shares. The Seibu Group still has nearly two trillion yen in circulating funds on its books. The Seibu Group will always stand with its shareholders and will never bow to malicious short sellers.
As good news continued to spread in the evening, many investors who had fallen into huge losses were full of expectations for the performance of Seibu stocks after the market opened the next day. As soon as the market opened on Wednesday, the Seibu stocks really opened higher, and then there were crazy buying orders one after another, which continuously pushed up the stock prices of Seibu Real Estate, Seibu Railway and Seibu Department Store.
Tsui Yoshiaki didn’t dare to relax at this moment, because he hadn’t felt the existence of his opponent yet. Years of business experience tells him that the momentary success or failure is not decisive. A shopping mall is like a battlefield, and offense is the safest defense.
However, the higher the stock price, the more dangerous Tsui Yoshiaki felt. He didn’t understand why his opponent didn’t make a move and shorted the Seibu Group for two consecutive days. Did he intend to stop like this?
Tsui Yoshiaki’s feeling was indeed right. Just after the stock price of Seibu Group regained most of its losses yesterday, that short-selling force finally appeared. Soon the electronic screens for quotations began to sell orders one after another. The Seibu Department Store, Seibu Real Estate, and Seibu Railway, which had almost reached their daily limit just now, began to fall across the board.
“Pull the price up, you can’t let your opponent knock the price down?” Tsuyoshi Aki stood up, picked up the phone and directly ordered the trader at the Tokyo Stock Exchange. Then Tsui Yoshiaki couldn’t calm down anymore, he began to stare at the price on the computer screen.
Even if Tsui Yoshiaki is not a securities practitioner, he can feel that his command is working. The decline that was originally like a falling object was cut off by his own funds, and the broken line on the screen began to turn upwards. Then regain lost ground bit by bit. Soon the price returned to near the price gapped up when the market opened today. Subsequently, the Seibu Group, Seibu Department Store, and Seibu Railway all stopped at the same price and could no longer move up.
Tsuyoshi was a little anxious. He was still dissatisfied with his stock price. He picked up the phone and again ordered to his trader: “What’s the matter, why not continue to increase the stock price?”
“President, we have spent nearly 500 billion yen, which is one-third of all our funds. The enemy’s selling is very strong. It is not easy for us to maintain the current price.” The trader said Own boss explained.
“Idiot, follow my order to pull up the stock price. There can be no people in this world who are richer than me. They must have staked all their lives, borrowed these funds from financing institutions and leveraged the stock price. Pull up and let them liquidate their positions. I want to let those who oppose me know the serious consequences and let them liquidate their positions.” Tsui Yoshiaki almost yelled at his trader. In the past few days, he was completely disrupted by the decline in the stock price. He had a very good project on hand, but because of the decline in the stock price, the Seibu Group had to give up. This made Tsui Yoshiaki very angry.
The three most important stocks of Seibu Group have begun to stalemate. Almost every yen’s rise and fall are completed by large-scale turnover. The long and short sides are like two evenly matched sumo wrestlers. Everyone wants to. Push the opponent out of the soil, but despite the strength of the two of them, the battle is still indifferent. Unknowingly, under the urging of Yoshiaki Tsue again and again, the traders consumed half of the Seibu Group’s funds. Now Seibu Group has only 500 billion yen left on its books.
“Boss, I feel that the opponent is not doing his best. Are we observing, withdrawing a few prices and then launching an attack?” The trader is now nervous and sweaty. Today, the Seibu Group has thrown out a trillion. 100 million yen. When the market was closed at noon, the Tokyo Stock Exchange even personally intervened in the Seibu Group’s protection operations. However, it is still unclear who is shorting Seibu’s stock. It is only known that all the orders are issued from Sapporo, Hokkaido, the Mitsubishi Stock Exchange, and the clients are from abroad. Because of the requirements of the United States, Japan has adopted a very relaxed attitude towards foreign capital entering and leaving Japan’s capital market. As long as the funds are legal. On the other hand, Mitsubishi Securities only knows that the client is from Europe and North America, and they don’t know exactly which institution it is.
Yoshiaki Tei feels extremely angry now. He has been on the Forbes list of the world’s richest people for five consecutive years. Except for the woman named Eva in the United States, Yoshiaki Tei can’t think of anyone else who has the ability to fight him. Male and female, is it the government behavior of a certain country? No, absolutely not. We are a real estate company, not an arms company or an energy company. We can’t achieve any political goals by short selling.
At this moment, there was still half an hour before the market closed, and Tsui Yoshiaki realized that he had consumed too much money today. He decided to keep this price today until the market closed. Traders began to follow the instructions of Yoshiaki Tsui ~www.mtlnovel.com~ and started conservative operations. But at this moment, the opponent who had been fighting with Tsui Yoshiaki for a day suddenly got into trouble.
A staggering amount of buying orders began to appear on the screen, and then Seibu stocks began to fall across the board just like yesterday. Tsui Yoshiaki quickly asked the trader to use funds to stop his opponent. But this time the opponent’s offense was too fierce, and Tsui Yoshiaki threw out a buying offer and was overwhelmed by a selling offer without even getting a splash.
“President, we only have 400 billion yen left.”
“President, we still have less than 300 billion yen.”
“President, our funds have fallen below 200 billion yen”
“President, the bank called and said that our stock was about to fall below the liquidation line, and asked if we would call for a margin call.”
“President, President, call an ambulance”
“Interlude an important financial news that our station has just received. Seibu Group entered and was forced to liquidate its position due to the plunge in stock prices. President Tsuto Yoshiaki was rushed to the hospital. Seibu Group applied to the Tokyo Stock Exchange for an emergency suspension of trading. Please pay attention to the follow-up. Report” ()