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Chapter 228: Double Killing of Stocks and Debts


What kind of existence is the Seibu Group in Japan, which is now the largest landowner in Japan and the biggest beneficiary of the Japanese real estate market, holding one-sixth of Japan's land area, and most of these lands are in the core of the city.

The Seibu Group is also owned by Prince Hotels, Japan's largest luxury hotel chain brand, and all hotels with the word Prince in Japan are basically the property of the Seibu Group, in addition to Seibu Department Store is also the largest and most luxurious department store in Japan, and in every city in Japan, Seibu Department Store is almost synonymous with the city center.

And these are just some of the many companies under the Seibu Group, Seibu Group's golf courses, resorts, amusement parks throughout the Japanese archipelago, the Golden Railway passenger transportation line connecting the densely populated area of northwestern Tokyo and the city center is also owned by Seibu Railway, a subsidiary of the Seibu Group, in addition to the company's own baseball team, food company, housing company, research institutes, schools, the total number of companies under the Seibu Group has reached a staggering 170, and the total number of employees in the company exceeds 100,000.

And that's not even counting the Seibu Group's overseas operations.

The brightest star in the Japanese economy is not Konosuke Matsushita or Akio Morita of Sony, but Yoshiaki Tsutsumi of the Seibu Group.

Most Japanese people believe that the Seibu Group is already a new conglomerate comparable to established conglomerates such as Mitsubishi, Mitsui, and Sumitomo.

Therefore, Seibu stocks can be called the leading stocks of the Tokyo Stock Exchange, he is the most representative leading stock of Japanese real estate stocks, and it is also a high-quality stock in the eyes of every Japanese investor.

However, as soon as the market opened on Monday, such stocks fell by 5 to 7 percent without warning.

Many investors were confused by the trend of Seibu stocks after the market opened, because according to the past, almost every time the Seibu Group's stock opened to the upside.

This has become almost the most stable rule in the Japanese stock market.

Far from frightening Seibu investors, the decline at the opening saw the decline in Seibu stock as a rare opportunity to enter the market, and many people increased their funds and eagerly followed.

Subsequently, under the coaxing of many small and medium-sized investors, the shares of Seibu Group gradually began to rebound and slowly turned red.

Investors who were bold enough to invest in the morning laughed, and this opportunity made them earn more than five percent of their investment almost in the morning.

During the lunch break, not many people were proud of the bold buying of Seibu Group shares in the morning, while those who did not were secretly annoyed.

When it came to the afternoon opening time, many investors who missed the opportunity in the morning because of their conservatism and caution began to chase after them without hesitation.

When Seibu's stock rose to 9 percent across the board, only one step away from the price limit, investors found that Seibu's stock price could no longer grow.

So at the last few prices of the price limit, the stock price of Seibu companies repeatedly lasted for an hour.

Suddenly, a large order hit Xiwu's stock price to a price increase of 5%.

Many investors think that the exchange's machine is broken, because the price has plunged too much.

Almost many people did not react, and the decline in prices made more investors choose to enter or increase their positions, but the next hour until the market closed, it was simply Seibu shareholders who knew what it meant to cut meat with a blunt knife.

They watched Seibu's stock go from rising by nine percent to being on par with yesterday's price, and then to being locked in the fall limit.

The decline in Seibu stocks across the board did not cause investors to panic sell-off, because this is the most valuable blue chip stock in Japan, and almost all investors believe that Seibu stocks will rise back sooner or later, and it is only a matter of time before they make money, and if they want to make a lot of money, they have to hold their breath.

As a result, many investors who have been in the stock market for many years have chosen to hold stocks and wait and see, and few people sell stocks.

The same scenario is happening in Japan's bond market, which, unlike the stock market, has always been dominated by institutional investors, and on Monday afternoon, the market's finest Seibu corporate bonds began to fall across the board.

Investment institutions tried to stop the plummeting decline of Seibu Group's bond products, but they found that their rivals' selling orders were too strong, and no matter how much money they invested to pull up the price of Seibu bonds, they were ruthlessly suppressed.

As a result, half an hour before the Tokyo Stock Exchange closed, Seibu Group's bonds and stocks were frozen in the fall limit by huge sell orders.

Both institutional investors and ordinary investors see this as an opportunity.

There are many people who risk death to copy the bottom, but they have never been able to shake the empty side, and the empty side seems to have endless power, and Seibu is trampled on the ground.

After the Tokyo Stock Exchange closed, almost everyone was asking the same question.

What happened to the Seibu Group today, and why was it sealed on the fall limit.

The Tokyo Stock Exchange quickly sent a letter of inquiry to the Seibu Group, which replied that the company's joint venture was in good condition, that there were no unusual actions affecting the stock price, and that there were no undisclosed matters that should be disclosed and that all investors needed to be explained.

In a word, the Seibu Group doesn't know why its own stocks and bonds are blocked at the same time.

Japan's major financial media are eyeing the Seibu Group's affairs, because all investors want a reasonable explanation for the reason for the Seibu Group's stock and bond double kill today.

At this moment, the Yomiuri Shimbun financial page suddenly revealed that the Seibu Group had falsified the financial reports of Swiss ski resorts.

When the report was sent to the Yomiuri Shimbun, it was thrown in the trash as an untrue research report, but on Monday, the Seibu Group's double kill reminded the editor of the report, and the editor took it out of the trash, read it carefully, and then sent it to the editor-in-chief's desk after a slight revision.

After some confirmation with the Swiss bureau, the editor-in-chief finally recognized the authenticity of the study and approved the publication of the report on the front page of the Yomiuri Shimbun.

After the Yomiuri Shimbun report, many financial media that could not give a reasonable explanation for the Seibu Group's double kill of stocks and bonds could only quote the Yomiuri Shimbun's views, so many newspapers began to collect clues about the Seibu Group from abroad, and people soon discovered that the first to disclose this research report was a British medium-circulation newspaper, which did not cause widespread repercussions at the time.

The source of the study is a private company called the Muddy Waters Research Institute based in Switzerland.

As a result, Muddy Waters began to enter the attention of the Japanese financial media, who wondered if there was any connection between Muddy Waters and speculators who shorted Seibu Group t1706231537: