National Tide 1980.

With a well-intentioned but unprepared strategy, and with a completely unequal strength, especially given Ning Weimin's prior experience in similar operations, Takahashi Harunori, already severely injured, still dared to hope for a final gamble to turn the tide. One can only imagine what the outcome would be.

When the market opened in the afternoon, the stock price fell to 19,400 yen.

Actually, Ning Weimin was holding back; he didn't dump the money all at once. His purpose was to lure the other party into raising the price and depleting their funds.

After the back and forth went on until after 2 a.m., he saw that the daily turnover rate had expanded to 17%, and the trading volume had exceeded 140 billion yen. More and more panic selling was occurring, but the buying power was getting weaker and weaker.

Therefore, it can be basically determined that the opponent has already lost a lot of health and is no longer able to turn the tide.

So he stopped holding back and threw out all his remaining chips, hoping to create a good price in the last hour so that Kenichi Sagawa of Nomura Securities could take the opportunity to buy low and make a profit.

As a result, the stock price plummeted again, and the psychological defenses of the bulls finally collapsed.

Nineteen thousand yen, eighteen thousand six hundred yen, eighteen thousand two hundred yen, seventeen thousand five hundred yen...

As the stock price fell by more than 10%, just as Ning Weimin had hoped, a large number of panic sell orders poured in, leaving the orders hanging there in a stalemate.

There is no limit to price drops, only death.

To be honest, during the process of the stock price crashing, there were some bold people who tried to buy at the bottom.

But after they finished buying, they discovered that there was actually a bottom to the bottom; in a one-sided downward market, no matter how they bought, they were always buying halfway down the mountain.

So even the most skeptical people were convinced and started throwing away their newly acquired items like junk.

As a result, EIE International's stock price plummeted like a waterfall.

Soon enough, it even caused two other stocks of similar quality to begin to fall as well.

This is a real collapse!
But this is not the end.

At this very moment, in almost every stock exchange across Japan, increasingly anxious retail investors holding EIE International stock are queuing up, eager to sell, fearing they might lose more money if they wait even a little longer.

They are indeed ignorant retail investors who are easily deceived and believe the lies told by brokerage firms.

But at this point, how could he not be sober?

It's obvious to everyone that this stock has been abandoned by the market, and no further funds will be poured in.

As for those who have already been put in, they're all unlucky. They can only run as many as they can. Right now, it's a race to see who can get there first.

In reality, given the current market conditions, apart from Kenichi Sagawa, who is quietly acting as a middleman for Ning Weimin at Nomura Securities, practically no one dares to place any more orders.

It looked like a sea of ​​sell orders, like stagnant water.

In this situation, compared to the clueless retail investors, Takahashi Harunori and Iwasawa, who suffered a complete defeat, are definitely more distraught.

Indeed, the sudden and complete destruction nearly drove them to a mental breakdown.

Standing in the center of the financial office, Iwasawa stared blankly at the numbers on the screen, completely stunned.

Like a deciduous tree in the depths of winter, swaying a few times in the cold wind.

He had run out of ammunition and food; he was at his wit's end.

The securities company does have 30 to 40 billion yen in its accounts, but in this situation, what good would it do to buy more?

The current situation is that we need to worry about the funds borrowed from securities companies. If the stock price falls below the red line and the margin is insufficient, the position will be forcibly liquidated.

So even when his subordinates got up to report the bad news about the situation, "Minister, this is bad. Another one is dumping shares, it seems like they're taking advantage of the situation. The buy orders have been almost cleared out, and the sell orders have piled up several layers high."

Iwasawa didn't react any further.

He simply took a few dejected steps back, and in his swaying, numbly nodded.

Takahashi Harunori, who is usually arrogant and short-tempered, was unusually quiet.

He slumped at the top of the long conference table, staring fixedly at the ceiling, oblivious to everything around him, too lazy even to bother beating up Iwasawa.

He seemed completely absorbed in his own world, blinking hard, unable to accept the performance of his company's stock today.

If we calculate based on EIE International's former peak market value of three trillion yen, both the company's and his personal wealth, even in terms of publicly available figures, have lost more than 70%.

If you factor in the leverage from financing, his net worth is already negative. He doesn't dare to calculate his debts in detail, but he intuitively knows that they are several times the principal...

To be honest, he's on a higher level than Iwasawa.

So at this moment, he does have one more trick up his sleeve: apply for a temporary suspension of trading.

Although the Japanese stock market does not yet have a circuit breaker mechanism, after experiencing Black Monday, listed companies in Japan have the right to apply for temporary suspension of secondary market trading due to abnormal stock price fluctuations.

However, the problem is that this approach has significant side effects.

Because of the sharp drop in stock price, not only will the outside world speculate about it, but internal conflicts within the company will also erupt, making the situation even more chaotic.

All sorts of negative news, such as illegal financing, financial statement fraud, insider trading, and overvaluation, will be exposed all at once, and even after a review, the negative impact will continue.

If he can't find a way to completely eradicate these problems in the company, then it's just a futile struggle.

The only difference is whether you die sooner or later. You're going to die anyway, so what does it matter?

I got tricked!
There must be a ghost!

He can be certain of this fact.

But he couldn't be sure who the culprit was.

He couldn't understand why he had ended up like this.

If he could, he truly wished none of this had ever happened. Unfortunately, it seemed he no longer had the chance.

He lost too much. Unlike ordinary people who can still think about making up for their losses and being careful in the future... he probably has no future.

As for Ning Weimin's side at Daiwa Securities, the situation was quite different, filled with laughter and joy.

Yes, he has now basically sold off all the EIE shares he originally acquired through his Daiwa Securities account.

He used these hundreds of billions of dollars worth of stocks to crash the market, and on paper, he lost a considerable amount.

But much of the money that was lost has already been recovered through buying low and selling high.

Moreover, Kenichi Sagawa wasn't idle either. He used his Nomura Securities account to buy stocks at low prices, which would eventually earn back many times over for Ning Weimin.

After all, even if he doesn't dump his shares or sell them, he can still use them to repay Nomura Securities.

The lower the purchase price, the more Ning Weimin earns, and at the same time, it also harms Nomura Securities, his accomplice.

So Ning Weimin really enjoyed causing the market to crash this time.

He witnessed firsthand how the system swept away a batch of customers from top to bottom, breaking Takahashi Harunori's bones and crushing his opponents' hopes, which was quite stress-relieving.

"Ahhh! More orders! These aren't ours, the Americans are taking advantage of our situation, great!"

The trader had gone completely mad, pounding his fists on the keyboard and screaming at the computer screen, "Haha! Kill them! We killed them! They've routed us! They've surrendered!"

He was ecstatic; it was probably the first time he'd ever done something like sweeping up orders and destroying a well-known listed company, and he felt an overwhelming sense of accomplishment.

Meanwhile, everyone in the Daiwa Securities VIP room breathed a long sigh of relief.

Although both bodyguards and financial staff have easy jobs and no responsibility, they are not responsible for these tasks.

But after all, the amount of money involved is too large, and the wealth is overwhelming. The amount of money, calculated in the hundreds of billions, is like a mountain pressing down on them.

This is why they admire Ning Weimin even more for his calm and composed demeanor, and a sense of respect for him arises spontaneously.

This kind of speculation... is just too exciting; people who aren't in it can't possibly understand.

Look at him, no wonder he's a big boss, he's so calm and collected with so much money.

This is the difference between people. It's only natural that they get rich. Just that kind of composure is something that ordinary people can't do.

Just like in the VIP room of Daiwa Securities, at the same time, in the trading room of Nomura Securities, Kenichi Sagawa's small team was also celebrating because of the market trend.

"Hahaha! The boss is really something, he beat them to a pulp!"

As members of the same camp, everyone felt a sense of pride and shook hands to celebrate today's great success.

"Of course, our boss is a stock market genius..." Kenichi Sagawa praised Ning Weimin enthusiastically, but at the same time he did not forget to urge his subordinates to work.

"Keep a close eye on the market, then place small orders in batches to buy, buy, these are all bargains..."

However, at that moment, someone came to inform Kenichi Sagawa, "Mr. Sagawa, Manager Goshima from the sales department requests an audience..."

"Kanji Goto?" Kenichi Sagawa asked in surprise, somewhat puzzled as to why he was here at this time.

As a result, when he asked his subordinate to open the door, he saw Hiroji Goto rush in like a waiter, bowing and showing no respect for his superior.

"Sagawa-kun, please help me, you have to help me..."

"What kind of talk is that..."

Kenichi Sagawa looked at his former boss with surprise, then shook his head and chuckled, "You're my boss, how can I help you? Just tell me what you need..."

"No, only you can help now. Please advise Chairman Ning to repay the EIE stock as soon as possible. Do you know what kind of impact such a loss will have on our branch? I need to redeem and liquidate these stocks as soon as possible, otherwise the losses will be too great."

"But I'm just managing the portfolio for a client right now. Chairman Ning clearly told me that this stock still has room to fall, so what reason do I have to give Chairman Ning advice?"

"But... but... this stock has already fallen by 70%. If it falls any further, I won't be able to explain myself..."

"I can't give this reason to the client. If you ask me, I suggest you call Chairman Ning yourself. I can make the call for you and get in touch with him."

“But… I… how can I compare to you in terms of influence? Chairman Ning wouldn’t listen to me anyway. Sagawa, you know, after the unpleasant incident last time, Chairman Ning only trusts you now…”

Seeing the troubled look on Goto Hiroji's face, Sagawa Kenichi became even more eager to tease him and deliberately provoke him.

"Then why don't you just order forced leveling? We've already done it once. Doing it again won't hurt."

However, given the current situation, Hiroji Goto was no longer capable of doing so.

Not to mention that Sagawa Kenichi wasn't the only one in the room watching over Ning Weimin's account; even if he wanted to, he simply couldn't.

Regarding legal responsibility, Ning Weimin made it clear beforehand that the securities lending agreement was signed very meticulously, and that it would end up in court. It seems that no one is any good.

For a moment, he was caught in a dilemma, his face turning as red as a liver...

However, things can be quite magical sometimes. Even when things reach a stalemate, they can often be resolved in a way that no one could have imagined.

"EIE is suspended from trading! That's right, it has applied for a temporary suspension!" the person staring at the screen suddenly exclaimed.

Okay, now there's no need to think about anything or argue about anything, because it's impossible to do anything else that day.

As Kenichi Sagawa took a deep breath, Hiroji Goto also lowered his head and sighed.

Their emotions were all somewhat complex, but each person knew their own joy and sorrow, and each's feelings were different. (End of Chapter)