Soviet Godfather

Vol 5 Chapter 228: Equity and debt double kill

What kind of existence is the current Seibu Group in Japan? The Seibu Group is now Japan’s largest landlord and the biggest beneficiary of the Japanese real estate market. He holds one-sixth of the land area of ​​Japan, and most of these lands It is the core area of ​​the city. Seibu Group is also the owner of Prince Hotels, Japan’s largest luxury hotel chain. All hotels with the word Prince in Japan are basically Seibu Group properties. In addition, Seibu Department Store is also Japan’s largest and most luxurious department store. In every city in Japan, Seibu Department Store is almost synonymous with the city center. These are just a few of the many companies under the Seibu Group. Seibu’s golf courses, resorts, and amusement parks are spread across the Japanese archipelago. The golden railway passenger transport line connecting the densely populated areas of northwestern Tokyo and the city’s central area also belongs to the Seibu Group. The company-Seibu Railway. In addition, this company also has its own baseball team, food company, housing company, research institute, school... The total number of companies under the Seibu Group has reached an astonishing 170, and the total number of employees exceeds 10 10,000 people, and this does not include Seibu Group’s overseas operations. The most dazzling star in the Japanese business world is not Konosuke Matsushita or Akio Morita, but Yoshiaki Tsutomu of Seibu Group. Most Japanese believe that Seibu Group is already a new conglomerate comparable to established consortia such as Mitsubishi, Mitsui, and Sumitomo.

Therefore, the Seibu-based stocks can be regarded as the leading heavy stocks of the Tokyo Stock Exchange. They are the most representative leading stocks in Japanese real estate stocks, and they are also high-quality stocks in the minds of every Japanese investor. But such stocks fell by 5% to 7% without warning as soon as the market opened on Monday. Many investors have been confused by the trend of Seibu stocks after the market opened, because according to the past, the Seibu Group's stocks have gapped up almost every time the market opened. This has almost become the most stable rule in the Japanese stock market.

Not only did the opening drop not scare Seibu's investors, they saw the fall in Seibu stocks as a rare opportunity to enter the market. Many people increased their funds and followed it impatiently. Subsequently, under the uproar of many small and medium-sized investors, Seibu Group's stock gradually began to rebound, slowly turning red. In the morning, those investors who invested boldly laughed. This opportunity made their investment more than 5% of profits almost in the morning. When the market was closed at noon, not many people were proud of buying Seibu Group stocks in the morning, and those who did not buy were secretly annoyed.

At the opening time in the afternoon, many investors who missed the opportunity in the morning because of conservative and cautious began to chase in without hesitation. When Seibu's stocks rose to 9% across the board, only one step away from closing the daily limit, investors found that Seibu's stock price could no longer rise. So at the last few price points of the daily limit, the stock prices of Seibu-based companies continued for an hour. Suddenly, a large order hit Xiwu's stock price to a 5% increase.

Many investors think that the exchange machine is broken because the price has plunged too sharply. Almost many people did not react. The price drop made more investors choose to enter or increase positions. However, until the closing hour, Seibu’s shareholders knew what it meant to cut meat with a blunt knife. They watched as Seibu's stock went from rising by 9%, to the same price as yesterday, and then to being tightly blocked by the down limit.

The fall of Seibu stocks across the board did not cause investors to panic selling, because this is the most valuable blue chip stock in Japan. Almost all investors believe that Seibu’s stock will rise back sooner or later. It is only a matter of time to make money. Big money has to be calm. So many investors who have been in the stock market for many years have chosen to hold their shares and wait and see, and few sell their stocks.

The same scenario also occurs in the Japanese bond market, but unlike the stock market, the Japanese bond market has always been dominated by institutional investors, and on Monday afternoon, the highest quality Seibu corporate bonds in the market began to be fully integrated. Down. Investment institutions once tried to prevent the plummet of Seibu Group’s bond products, but they found that their opponents’ selling orders were too strong. No matter how much money they invested to raise the price of Seibu’s bonds, they were finally relentlessly suppressed. So just half an hour before the close of the Tokyo Stock Exchange, the bonds and stocks of the Seibu Group were tightly sealed on the down limit by huge selling orders. Both institutional investors and ordinary shareholders think this is an opportunity. There were a lot of people who risked their lives to hunt down the bottom, but they were still unable to shake Kong Fang, who seemed to have infinite power to trample Seibu to the ground.

After the Tokyo Stock Exchange market closed, almost everyone asked the same question. What happened to the Seibu Group today and why was it blocked on the limit. The Tokyo Stock Exchange quickly issued a letter of inquiry to the Seibu Group. The Seibu Group responded that the company’s joint venture was in good condition, and there were no abnormal actions affecting the stock price, and there were no undisclosed matters that should be disclosed to all investors. . In a word, Seibu Group does not know why its stocks and bonds will be blocked at the same time.

The major financial media in Japan are focusing on the Seibu Group's affairs~www.wuxiaspot.com~ because all investors want a reasonable explanation to explain the reasons for the Seibu Group's dual-debt double killing today. At this moment, the financial page of "Yomiuri Shimbun" suddenly disclosed that Seibu Group had falsified the financial report of Swiss ski resorts.

When this research report was sent to the "Yomiuri Shimbun", it was treated as an untrue research report and was thrown into the trash can. However, on Monday, the Seibu Group’s stock and debt double play reminded the editor of this research report. , It was turned over by the editor from the trash can, read it carefully, and then sent it to the editor's desk after a little modification. After some confirmation with the Swiss branch, the editor-in-chief finally approved the authenticity of the research report, and then approved the research report to be published on the front page of "Yomiuri Shimbun".

After the "Yomiuri Shimbun" report, many financial media that could not give a reasonable explanation for the Seibu Group’s stock and debt double killing could only quote the views of the "Yomiuri Shimbun", so many newspapers began to collect clues about the Seibu Group from abroad. It was soon discovered that the earliest disclosure of this research report was a medium circulation newspaper in the UK, which did not arouse widespread repercussions at the time. The source of this research report is a private company called the Muddy Water Research Institute in Switzerland. So muddy water began to enter the attention of the Japanese financial media. They wondered if there is any connection between the muddy water and the speculators who short the Seibu Group? ()

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