Although Yoshiaki Tsutsumi doesn't know who his opponent is, he is unusually angry that his company has been sniped.
So he pledged his shares to the bank to urgently raise a sum of money to control the situation.
According to the trading rules of the Tokyo Stock Exchange, stocks above 500 yen are subject to a daily limit of 10 percent, while stocks under 500 yen are subject to a 15 percent price limit.
Less than 200 yen is 20 percent. 0 trading mode, allowing the same day to buy and sell the same day, but 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 harm the healthy development of the Tokyo Stock Exchange.
There are many listed companies under the Seibu Group, but the core ones are always Seibu Real Estate, Seibu Railway, and Seibu Department Store, which are the three largest stocks in the Seibu Group by market capitalization.
At the same time, it is also the face of the Seibu Group, and before that, all the listed companies under Seibu have fallen for two consecutive days, and if it is pressed on the limit by the empty side again today, then the myth of Seibu's undefeated will be shattered.
Yoshiaki Tsutsumi knew in his heart that today was his last chance to revive the confidence of Seibu Group's shareholders.
Shortly after the market closed last night, the Seibu Group announced that the Seibu Group would use its own funds to buy back its own shares.
Seibu Group still has nearly 2 trillion yen of liquid money on its books, and Seibu Group will always stand with its shareholders and will never bow to malicious short sellers.
As the good news continued to come out in the evening, many investors who had already 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, Seibu stocks opened higher, and then there was a frenzied buy order, constantly pushing up the shares of Seibu Real Estate, Seibu Railway and Seibu Department Store.
Yoshiaki Tsutsumi didn't dare to put his mind down at this moment, because he hadn't sensed the existence of his opponent yet.
Years of business experience have taught him that temporary success or failure is not decisive, shopping malls are like battlefields, and offense is the safest defense.
But the higher the stock price, the more danger Tsumi felt in his heart.
He didn't understand why his opponent didn't make a move, and he shorted the Seibu Group for two days in a row, so he was going to stop like this Yoshiaki Tsutsumi's feeling was right, and just after Seibu Group's share price regained most of yesterday's losses, the short-selling force finally appeared.
Soon the electronic screen of the quotation began to appear one after another orders, and the Seibu Department Store, Seibu Real Estate, and Seibu Railway, which were almost up and down just now, began to fall across the board.
"Pull up the price, don't let the opponent knock the price down" Yoshiaki Tsutsumi stood up, picked up the phone and gave a direct order to the traders at the Tokyo Stock Exchange.
Then Yoshiaki Tsutsumi could no longer be calm, and he began to stare at the price on the computer screen.
Even if Yoshiaki Tsutsumi was not a securities practitioner, he could feel that his order was working, and the original falling momentum like a falling object was cut off by his own funds, and the broken line on the screen began to turn upward.
And then little by little to regain the lost ground.
Soon the price returned to the price of the upward gap at the opening of today, and then, the Seibu Group, Seibu Department Store, and Seibu Railway all stopped near the same price and could not take a step upward.
Tsumi Yoshiaki was a little anxious, he was still not satisfied with his stock price, he picked up the phone and ordered his trader again: "What's the matter, why don't you continue to pull up the stock price" "President, we have used almost 500 billion yen, which is a third of all our funds, and the enemy's selling is very strong, and it is not easy for us to keep the current price," the trader explained to his boss.
"Fool, pull up the stock price according to my orders, there can't be anyone richer than me in this world, they must have bet all their lives, borrowed these funds from financing institutions to increase leverage, pulled up the stock price, let them blow up, I want to let the people who oppose me know the serious consequences, let them blow up" Tsumi Yoshiaki almost ordered his traders in a roaring way.
He has been completely disrupted by the drop in stock prices these days, and originally had a very good project on hand, but because of the drop in stock prices, Seibu Group had to give up.
This made Yoshiaki Tsutsumi angry.
The three most important stocks of the Seibu Group began to stalemate, and almost every rise and fall of the yen was done by a large amount of turnover, and the long and short sides were like two evenly matched sumo wrestlers, each trying to push the other out of the earth, but the battle was still indifferent despite the strength of the two of them.
Unconsciously, under the urging of Yoshiaki Tsutsumi, the trader consumed half of the Seibu Group's funds, and now the Seibu Group has only 500 billion yen left on its books.
"Boss, I feel that the opponent doesn't seem to be doing his best, are we observing and observing, and then attack after withdrawing a few prices" The trader is now nervous and sweaty, today the Seibu Group has thrown out a trillion yen, and during the lunch break, the Tokyo Stock Exchange even personally inquired about the Seibu Group's disk protection action.
However, it is still unknown who is shorting Seibu's shares, only that all the orders are issued from the Sapporo and Mitsubishi stock exchanges in Hokkaido, and the consignors are from abroad.
Because of the requirements of the United States, Japan has adopted a very relaxed attitude towards the flow of foreign capital into and out of Japan's capital market.
As long as the funds are legitimate.
Mitsubishi Securities only knows that the client is from Europe and North America, and they don't know which institution it is.
Tyke Yoshiaki now feels extremely angry, he has topped the Forbes global rich list for five consecutive years, except for the woman named Eva in the United States, Tyi Yoshiaki can't think of anyone else who has the ability to compete with him, is it a certain country's government behavior No, never, we are a real estate company, not an arms company, an energy company, shorting us can not achieve any political goals.
At this moment, there is still half an hour left before the close, and Yoshiaki Tsutsumi also realized that he had consumed too much money today, and he decided to keep this price today until the close.
The trader began to follow the instructions of Yoshiaki Tsutsumi and began to operate conservatively.
But at this time, the opponent who had been grinding with Yoshiaki Tsutsumi for a day suddenly became difficult.
A staggering amount of buying orders began to appear on the screen, and then Seibu shares began to decline across the board, as they did yesterday.
Yoshiaki Tsutsumi hurriedly asked the trader to use his funds to stop the opponent.
But this time, the opponent's attack was too fierce, and Tsutsumi Yoshiaki threw out the buy plate and was drowned by a sell order without even turning over a wave.
"President, we only have 400 billion yen left" "President, we have less than 300 billion yen left."
"President, our money has fallen below 200 billion yen" "President, the bank called and said that our stock was about to fall below the liquidation line, and asked us if we would like to raise margin."
"President, President, call an ambulance" "Insert a financial news that this station has just received, Seibu Group entered the forced liquidation because of the stock price plummet, President Yoshiaki Tsutsumi 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" t1706231537: