Chapter 727: Earning one less yen is a crime

Sony's chief financial adviser was about to call Sony President Nobuyuki Idei, who was holding a press conference to announce Sony's 2002 financial statements, when the Japanese stock market suddenly experienced earth-shaking changes.

Although Sony's stock price has stabilized at around US$70, Sony's chief financial advisor has observed that other Japanese high-tech companies have also suffered huge short selling. Capcom (Capcom) opened at 2855 yen (approximately US$31.03), but it was

Just before the financial statements were about to be released, there was a huge amount of short selling, and the stock price fell directly from 2,855 yen to 2,670 yen.

Sony's chief financial advisor opened the analysis software and saw that there was another short sale of more than 100,000 yuan. It was still one big order and countless loose orders.

Abnormal, absolutely abnormal! But this is not what frightened Sony’s chief financial adviser Shimokawa the most. What frightened him even more was that other well-known Japanese game companies have suffered massive short selling. Namco, Sega,

Square-Enix, which had just merged, also suffered hundreds of thousands of short-selling shares.

Someone is sniping at the Japanese stock market. Someone must be sniping at the Japanese stock market. - Shimokawa's face turned pale. So many Japanese high-tech stocks were heavily short-sold. Someone must be sniping at them. Although they were all retail investors, the source could not be found for the time being.

, but this is definitely unusual. After all, there are not so many retail investors who would attack so many companies, and today is the day when financial statements are released, especially when the targets are high-tech stocks.

As Sony's chief financial advisor, Shimogawa is naturally aware of Sony's financial situation in the past year. If Sony's financial statements are released and the news of a loss of US$916 million is announced, Sony's stock price will definitely plummet, and it will also lead to the collapse of high-tech stocks.

If the stock market falls, it will lead to a sharp fall in the Japanese stock market. This has been expected by everyone, but now there is an unexpected guest coming to snipe, and this time this sniper opponent adopts the strategy of "iron cable across the river" to suppress Japanese high-tech across the board.

Even if Sony, a blue-chip stock, does not suffer losses, as long as several other stocks suffer losses, it will drive the entire high-tech stocks to plummet and cause the Japanese stock market to collapse!

Will the 1990 stock market crash happen again? - Shimokawa broke out in a cold sweat on his forehead. He quickly called Nobuyuki Ii.

At this time, in Hong Kong, Li Zekai, Tang Jiacheng, and Zheng Zhiheng had sold a total of 100,000 lots, involving a total amount of 450 million U.S. dollars. However, through the borrowing and lending in the futures market, Li Zekai and the others only had 200 million U.S. dollars in funds.

About US$45 million has been used, and there is still nearly US$150 million in cash that can be used, which means a total amount of US$1.5 billion can be used.

"Tong (Tang Jiacheng's English name), how is the situation now?" Li Zekai asked.

"Richard, now we have sold 100,000 lots. If the financial statements are released at 10 o'clock, and with our push, it will definitely fall to the limit today. The Japanese stock market is 25% below the limit. Just the stocks we hold in our hands, today

This will earn us a net profit of close to US$100 million." Tang Jiacheng said excitedly.

In the past, he worked hard for weeks in the stock market and the money he earned was only measured in millions of Hong Kong dollars. Now he can earn 100 million U.S. dollars in one day, which is unbelievable to him. And in the following days, as long as they speculate properly,

I'm afraid that the money earned will far exceed this number, and adding a zero at the end is not a problem. But then thinking about Abby Cohen's generosity, Tang Jiacheng's excitement gradually faded away.

They have short-sold a total of 100,000 lots, while Abby Cohen has short-sold 500,000 lots, with a profit that is five times theirs. Of course, this is also due to Lin Feng’s strong capital and a cash flow of US$840 million, which is enough for him.

Do whatever you want.

At this moment, Tang Jiacheng received the news from Abby Cohen - to sell short with all his strength.

Tang Jiacheng looked at the time. It was already the time when major Japanese companies announced their financial statements for the past year. This was the best time to sell short, leaving Japanese companies no time to respond. Otherwise, if they short-sold in advance, Japanese companies could completely

The report is delayed for three days for various reasons, and then all kinds of good news are released to push up the stock price, and they will suffer heavy losses.

But now is the best time. While major Japanese companies release their financial statements, take a sniper at the Japanese stock market.

Tang Jiacheng looked at Li Zekai and Zheng Zhiheng. The three of them looked at me and I looked at you. They nodded heavily and attacked with all their strength. At that moment, Tang Jiacheng directly shorted Sony for 200,000 lots. Of course, he could also choose to short other high traders.

Technology stocks, but Sony is a Japanese blue-chip stock and the flagship of Japanese high-tech stocks. Short selling Sony will deal the heaviest blow to Japanese high-tech stocks and the entire stock market.

After this super selling, Sony's stock price was immediately suppressed to 65 US dollars, which also caused the entire high-tech stocks in Japan to plummet. The Nikkei Index also fell by dozens of points, and the entire market screamed.

However, Sony's performance has always been favored by the outside world. At least in the minds of the Japanese, there is no doubt that Sony's performance is a blue chip stock among blue chip stocks. Although today is the time for Sony's financial statements to be released, many investors do not think that Sony will lose money.

I thought this was some idiot who wanted to snipe Sony, but when the stock price plummeted, he bought it aggressively, which directly promoted the slow recovery of Sony's stock price.

But at this moment, a bigger sell order came down - 1 million lots (100 million shares)!

Sony's stock price, which had just rebounded, was hit hard instantly and fell directly to 62 US dollars. The entire Japanese financial market was filled with panic. Such a large sell order was beyond everyone's expectation. Even Tang Jiacheng was too surprised to say anything.

By the way, this is too big a gesture, too big.

"Hey, there are still not enough funds!" At this time, Abby Cohen sighed in a hidden operating room in Shanghai. If the funds were sufficient, she would not only sell 1 million hands, but she would at least buy another 1 million hands. Sony

The total share capital is around 1.1 billion shares, with 400 million shares circulating in the market. If he wants to crush Sony to death, Abby Cohen can't wait to spend more. This kind of opportunity is a once-in-a-lifetime opportunity. For financial analysts, this kind of opportunity is rare.

She definitely couldn't miss it. Although she didn't know whether Lin Feng used "divination" to predict Sony's huge losses in the past year, or if it had something else to do with it, in short, since there was such an opportunity, it would be a crime to make less than one yen.

Abby Cohen lamented that there was too little money and not enough money spent, but Tang Jiacheng was already admiring him. This is the futures market, small bets are big, 1:10 lending, if something unexpected happens, then

The position was forced to be liquidated, and US$840 million in cash was lost. Even if the Japanese company made some conspiracy to continue to push the stock price, the loss would be more than US$840 million. If the position cannot be closed by then, Lam Feng will face the bank

Therefore, Tang Jiacheng was really shocked by Abby Cohen's courage. This woman was indeed a "Wall Street myth." Of course, he was also impressed by Lin Feng's trust in Abby Cohen. He could trust Abby Cohen so much.

Bi-Cohen is really rare!

At this time, Nobuyuki Dei had just received a call from Shimokawa.

"What? Sony encountered a huge sell-off!" Nobuyuki Idei couldn't help but exclaimed after hearing this.

"President, you must not release financial statements now, otherwise Sony's stock price will plummet! It will also trigger a collapse of the entire Japanese high-tech stocks." Shimokawa said anxiously.

"But I have just announced the financial statements for 2002!" Shinichi Idei had a dark face. Just five seconds before Shimokawa called, he had just reluctantly announced Sony's financial statements for last year. Until now, the entire news release

In the hall, many reporters were still exclaiming with disbelief on their faces. They did not expect that Sony would lose US$916 million last year.

What to do? - Nobuyuki Idei's mind raced. He was not afraid of being short-sold. No matter how much short-selling, apart from suppressing Sony's stock price, it would have little impact on Sony's actual reputation. After all, Sony is a giant multinational company with

A large number of real estate and profit-making institutions. As long as a financial plan that satisfies the market can be launched, the stock price will slowly rise. Of course, Sony being so short-sold will have a devastating blow to Japanese high-tech stocks and the entire Japanese stock market.

But compared with this, what Nobuyuki Idei is really worried about is how to explain to the board of directors.

What they care about is last year's profit and stock price. But these two points suffered heavy losses today! For a moment, Nobuyuki Idei felt as if he was stuck in a quagmire, as if he was about to be destroyed, but there was no one who could rescue him.

At this time, mobile phone ringtones were ringing wildly throughout the press conference hall.

"What, Capcom also suffered huge losses?"

"What, Sony suffered from huge short selling?"

"What, Sony's stock price has dropped to $58?"

...

Many reporters on the scene shouted louder than the other. Each piece of news came so suddenly and shocking. In an instant, some of the many reporters on the scene ran to the nearest stock market, while others immediately opened their laptops and retrieved stock market information.

The scene was in panic. As for the previous protagonist, Nobuyuki Dei, he had long been forgotten.

Baga! - Nobuyuki Dei secretly cursed in anger. But at this moment, his phone rang. Looking at the phone, Nobuyuki Dei's face darkened. This was a call from the company's board of directors. Nobuyuki Dei secretly felt something bad in his heart.

.

Sure enough! After answering the phone, Nobuyuki Dei's face became even darker. Now the company's major shareholders are asking Nobuyuki Dei to go back to a meeting immediately to give an explanation or explanation for Sony's financial statements last year and the attack on Sony's stock price today.

When Nobuyuki Idei hurried back to Sony's board of directors, the Japanese stock market also suffered a disaster. At 2 p.m., after the Japanese stock market closed, 50 high-tech stocks, led by Sony, fell to the limit (a drop of more than 25%), and

The Nikkei Index also fell from the original 8215 points to 7650 points, down 6% throughout the day, and the entire Japanese stock market was in panic. This was Sony's worst loss in 20 years, and it was also attacked by others, which was even more disturbing.

What makes people panic is that other high-tech companies have also encountered serious financial crises.

Capcom, Namco, Sega, Tokyo Telecom and other high-tech companies all suffered huge losses, which is why the Japanese stock market suffered a sharp decline today. Otherwise, if it were normal, no matter how much Abby Cohen sold short, there would be no chance

The entire Japanese stock market fell.

"By the way, how much did we make today?" After hearing this, Lin Feng clenched his fists and shouted softly, applauding himself for making money and applauding the Japanese stock market.
Chapter completed!