After leaving the meeting room, Jun Hei returned to his office alone and looked blankly at the newspaper on the desk.
He had brought it from home, and from the crumpled irregular creases, one could guess that the newspaper had been abused.
The most prominent item on the newspaper was a list of three losses incurred by Nomura Securities.
Shorting Taiyo Fisheries had resulted in a loss of 4.7 billion yen!
Going long on Kojima Silk Industries had resulted in a loss of 23 billion yen!
The New York branch had gone long on oil futures, resulting in a loss of 196 million US dollars!
When he saw this list at home, Junpei Hirata was filled with shock and anger. His first thought was that there was a traitor within the company.
However, on the way here, he tried his best to remain calm and sorted out what had happened during this period of time.
Then he made a judgment: there was a possibility that there was a traitor in the company, but the most critical point was that someone had set their sights on his company.
And his first suspect was Wells Fargo, which had previously shorted Nomura Securities!
His second suspect was undoubtedly Jiuding Securities, which had been working against him in the stocks of Ocean Fisheries and Little Silk Industries.
His third suspect was the financial giant on Wall Street, and he was definitely shorting oil futures.
After careful consideration, Jun Ping Xiang judged that in addition to the obvious enemies, there were also hidden enemies. The enemies had woven a web, and were now preparing to close in on Nomura Securities!
This made him shudder!
Because he had just realised that he didn't even know who the enemy was.
So after arriving at the company, he never mentioned anything about undermining morale, and directly gave the order to empty most of the assets and return the funds.
He was afraid!
Now that these three lists have been released, it shows that Nomura Securities has lost more than 300 million US dollars. The news has already been reported in the newspaper, and it is too late to recover. Investors must have seen it.
After the stock market opens, a sharp fall in the share price is inevitable. Junpei Hiwatari doesn't plan to cover the bottom so quickly, lest the funds get trapped again and he falls for it again.
At the same time, he is also worried that investors will demand the redemption of funds. It's okay to close the funds, as there is a certain closed period. What he fears is the semi-closed funds and open-ended funds, as investors have the right to demand the redemption of funds.
If there is not enough capital reserve, and in case the capital chain dries up, the company's crisis will expand more than ten times, and that will be fatal!
In the financial industry, when a crisis strikes, liquidity is the only source of strength!
"Hoo!'
Pure Ping Xiang shook his head vigorously to clear his thoughts about capital, then he picked up the phone on the desk and quickly dialed a number.
It was to Ishikawa Itsuki, the head of the New York branch, to remind him to recall capital as soon as possible and be on the alert.
Ishikawa had already caused the company huge losses by speculating in oil futures, and now the New York branch was responsible for two-thirds of the company's crisis!
He had serious doubts about Ishikawa's abilities, but now was an emergency, and replacing the leader at such a time would not only be too late, but would also confuse the troops and expose even greater vulnerabilities. Therefore, he could only try to remind Ishikawa as much as possible what to do.
Next, Junpei Hinata took the trouble to call the heads of overseas branches and give orders.
While he was busy making phone calls,
The Tokyo Stock Exchange, Osaka Securities Exchange and Nagoya Stock Exchange opened at the same time.
After the market opened, a large number of sell orders were thrown out, and the stock price of Nomura Securities began to fall steadily.
The news of Nomura Securities was definitely not as explosive as that of Xiao Si Industry, but because of its larger market value and high reputation in the financial industry, it still attracted a lot of attention.
However, this did not affect the continued decline of the stock price of Xiao Si Industry after the opening.
For Xia Yu, the explosion at Nomura Securities was actually a good cover for his company to buy up shares in Xiao Si Industries.
On the one hand, Xia Yu's company was buying up shares in Xiao Si Industries.
On the other side, he smashed the market for Nomura Securities, amplifying market panic and stimulating the decline in Nomura Securities' stock price.
Then, an hour after the morning opening, several rumours spread – Nomura Securities' capital chain was about to dry up, and in response to the sudden crisis, it was selling off its investment assets at low prices, and the company's actual losses would further increase!
After these rumours came out, it was difficult for stock investors, who were limited in their abilities and resources, to investigate, but it was different for financial institutions.
Financial institutions directly focused on the previous investment destination of Nomura Securities, while collecting information on the stock market, and soon discovered that it was true!
Nomura Securities was disposing of assets on a large scale to recover capital.
After confirming this, the heads of many institutions were tempted, and they realised that this was an excellent opportunity to kick Nomura Securities while it was down. Not only could they take advantage of Nomura Securities, but if they operated properly, they could also obtain the assets being disposed of by Nomura Securities at a lower price. This kind of self-serving behaviour was what they liked to do the most!
When these institutions took action, each department of Nomura Securities suffered great resistance. Pure Ping was so angry that he was beside himself.
In this dilemma, he could only choose the lesser of two evils and continue to grit his teeth and order the company to accelerate the return of funds.
This behaviour also accelerated the rate at which Nomura Securities' stock price fell.
After the stock market closed that afternoon,
the stock price of Nomura Securities on the Tokyo Stock Exchange, which had the highest market value, fell to 501.64 yen per share, and its market value evaporated by 146.362 billion yen!
As night fell, the market closed on the island country, but as dawn broke and the market opened in the United States, the stock price of Nomura Securities on the New York Stock Exchange also began to plummet.
By the end of the day, the market value of Nomura Securities had fallen directly below 2 billion US dollars.
By the close of trading on Friday afternoon, Nomura Securities' share price on the Tokyo Stock Exchange had fallen to 446.92 yen per share.
Over at Koito Industries, the crisis continued, with the share price falling to 245.69 yen per share.
Over the two days of Thursday and Friday, major institutions had made huge gains by buying the dips, spending 22.69 billion yen and buying 92.354 million shares.
Together with the results from Wednesday, Xia Yuming held a total of 157.53 million shares, both overtly and covertly.
With so many shares, there were far more shares than the ones previously circulating before Xiaosi Industry went public, which showed that many shareholders had sold their shares.
However, Xia Yuming was still not satisfied with so many shares.
Xiaosi Industry was a large industrial company he had his eye on, and acquiring it would be enough to make it one of the core companies in the island's industrial sector.
Upon Xia Yu's order, institutions such as Jiuding Securities and Jiuding Bank began to take action, preparing to use this weekend to acquire the equity of the island's Xiaosi Industrial Company and Nomura Securities.
At the same time, Wells Fargo was also preparing to use these two days to resolve the bet with those institutions in advance. Only in this way would the 52.5568 million shares originally borrowed for the bet really belong to Xia Yu's side.