Chapter 68: The Financial Defense War of the Three Major Automobile Enterprises

One week later.

Su Xin had already sold about eighty percent of the stocks in his account. Due to the continuous large-scale selling over this period, it finally aroused the vigilance of the people in Sakura Country, to the point that there were very few retail investors left who dared to pick up the stocks he subsequently listed.

This also caused the stock prices of the three major automobile enterprises to finally begin a slight decline.

Although each company only saw a 0.8% drop, for the three major automobile enterprises with a market capitalization as high as one trillion, this was equivalent to a devaluation of several billion.

Such fluctuations and abnormal trading phenomena also caught the attention of the media in Sakura Country. Various rumors began to spread in the financial market, and some stockholders even thought that a major international financial group was preparing to snipe the three major automobile enterprises on the stock market.

Under these circumstances, in order to avoid causing panic selling by retail investors, the financial departments of the three major automobile enterprises decisively began to take action, mobilizing a large amount of funds to support the floor, sweeping up all the stocks sold at low prices on the market, and keeping the stock prices within a normal range.

Just like that.

Su Xin sold, and the three major automobile enterprises bought.

Given that the three major automobile enterprises were providing a floor, Su Xin decisively ordered to speed up, selling all the stocks he held within one day.

Such a fierce offensive made the three major automobile enterprises immediately nervous.

"Quick! No matter the amount! Buy it all!"

In the financial department of Yutian Group, Vice President Tokuda Nobuo wiped the cold sweat from his forehead and ordered.

In his view, to dare to snipe the three major automobile enterprises of Sakura Country simultaneously, the opponent was either ignorant and fearless, or possessed incredibly immense financial strength.

And the latter possibility was greater.

After all, when they launched their defense, that mysterious financial tycoon immediately increased the offensive, and the stocks released within this short hour were worth at least around ten billion Sakura Coins.

Converted to Long Coin, that is five hundred million.

Converted to Eagle Dollar, that is over seventy million.

Added to the large amount of stocks the opponent had continuously released over the previous week, the total value was at least one hundred and seventy billion Sakura Coins.

Moreover, this was only the stock value of his Yutian Group; as far as he knew, the stocks of the other two automobile enterprises that this mysterious tycoon had released within the week were equivalent in value to theirs.

In other words, this mysterious financial tycoon had used more than five hundred billion Sakura Coins as of now.

This was not the end.

The opponent was still increasing the intensity of the attack.

The opponent's funds were likely unfathomable!

How could that mysterious tycoon with such terrifying financial strength be an ignorant person who did not know the immensity of heaven and earth?

Tokuda Nobuo reported the situation on the stock market to the president, and the latter decisively issued an instruction—at all costs, protect the stock price!

"Understood!"

Tokuda Nobuo responded sternly.

He knew that the only possibility for the opponent to sell off a large amount of stocks was to suppress the stock price through this short-selling method and earn huge profits from it.

Once the opponent succeeded in short-selling, causing the Yutian Group's stock price to plummet, then the ones who would suffer the most severe losses would be Yutian Group and the retail and major investors holding Yutian Group shares.

Not to mention Yutian Group; its scale was there, and its business condition was there. No matter how much the stock price dropped or how much blood it lost, as long as it endured, it would eventually be able to rise again.

But for those major or retail investors, once the stock price plummeted, many would panic-sell at low prices and suffer extreme losses.

And these would lead to everyone losing confidence in the stock price of Yutian Group.

In the stock market, confidence is gold.

Once everyone lost confidence in Yutian Group, then no matter how good the operating data of Yutian Group was, it would be very difficult to return to its glorious period.

Therefore, Tokuda Nobuo was very clear that they must absolutely not be easily defeated by the opponent in the stock market.

"Another one hundred thousand shares? Buy!"

"Five hundred thousand shares? Buy that too!"

"As long as the price is reasonable, buy it all!"

Tokuda Nobuo did not even have time to eat lunch, watching the opponent continuously list stocks in the trading room, while their traders continuously bought them.

Until before the market closed at three in the afternoon.

When the trader finally bought the last two hundred thousand shares of Yutian Automobile stock, they discovered that there was no one left in the stock market continuing to list sell orders.

"Huh? What happened?"

"Is it gone already?"

Tokuda Nobuo was stunned and asked.

The trader also felt that something was not quite right, but indeed did not see anyone listing large orders, so they had to shake their head: "It is indeed gone."

"Daring to snipe the three major automobile enterprises at the same time, and this is all the skill they have? It's already over?"

Tokuda Nobuo could not help but be amused to the point of anger.

"What kind of financial tycoon is this? They are completely a reckless and ignorant big fool, right?"

"Do they really think short-selling is that easy?"

"Having invested so much money to short-sell, if they fail to suppress the stock price, when they return the stocks and see the interest and commissions, they probably won't even have a place to cry!"

"If they added high leverage, the interest and commissions are likely higher than their principal."

Waiting until the market closed, they still did not see anyone selling a relatively large quantity of Yutian Group stocks, and Tokuda Nobuo finally became convinced—

That so-called financial tycoon was simply a reckless and ignorant upstart.

You must know that short-selling is a game for the strong; once you make a move, you either win big and fill your pockets, or you lose big and go bankrupt.

There is rarely a third possibility.

If you do not have enough funds, rushing into the game can very likely lead to bankruptcy.

And because of the existence of the leverage mechanism, short-selling is much riskier than normal stock trading. After all, in normal stock trading, at most you lose the money you invested, while short-selling can leave you owing money to the brokerage firm.

If they were not reckless and ignorant, how could that mysterious person who had been stirring up trouble in the stock market for several days only prepare such a small amount of funds to attempt to short-sell the three major automobile enterprises of Sakura Country simultaneously?

Do they really think they are just decorations that won't fight back?

Or rather, were they counting on the three major automobile enterprises to simultaneously have major negative news, leading to a stock market crash?

How is that possible!

Tokuda Nobuo shook his head in disdain and reported this brilliant financial defensive battle to the president.

The other two major car companies, seeing the turmoil in the stock market subside, also quietly breathed a sigh of relief.

They had also thought they had encountered some major capital shark, but after the financial offensive and defensive battle ended, they realized the opponent was nothing more than a silver-plated pewter spearhead.

……

Kyoto Stock Exchange, in a VIP room.

Seeing that all the stocks had been sold, and the selling prices were extremely ideal, all sold at normal high-level prices, this made Su Xin nod with satisfaction.

"Alright, for the next few days, you all just play around in Sakura Country first, and wait for my news later to buy back stocks to return the borrowed shares."

Luan Weiliang breathed a sigh of relief and smiled:

"Understood, Boss!"

Over these past few days, he and several traders had been staring at the screens for several hours every day, their hands operating without a moment's rest, and they were already physically and mentally exhausted.

Now that all the stocks were sold, next, they just had to wait for the stock prices of the three major car companies to fall, and then buy them back at the right time.

Although he did not believe the stock prices of the three major car companies would really fall, since the boss firmly believed it, and he had already tried to persuade him, what else could be done.

Just act according to the boss's instructions.

Regardless of whether the plan succeeds or fails, it is enough that his salary and bonus will not be less.