Chapter 711: Several Families Are Happy and Families Are Sad

Norio Oga couldn't understand why the stock price suddenly plummeted? The company’s operations have not had any problems. The sales of PS game consoles are getting better and better. The market feedback is also very good. The sales of CDs are rising steadily. The sales of Walkmans and CD players are also good. Great, no negatives.

Ordinarily, the stock price has continued to rise. Even if there are fluctuations, it will not suddenly plummet. Now the US stock market is in a bull market. It has only been a few minutes, and it is about to fall by 5%!

He took a look, and sure enough, there was a continuous large amount of selling, which made the stock price fall all the way.

Who are those hot money? Someone else deliberately targeted them Sony?

Regardless of the fact that he was still naked at this time, Norio Ohhe immediately grabbed the phone and called the person in charge in the country of America.

"President, it's mainly overseas hot money. They are selling a large amount of our company's stock. And not only our company, but also Dongzhi, Sharp, Pioneer and many other companies listed in the United States have been sold in large quantities. Everyone's Stocks are falling, and the stock prices of the entire electronics industry are falling!"

"Hot money from abroad? Do you know where it came from?"

"It is being investigated, and the scope that can be determined now is Asia."

Asia? Who is it? Which company did it? The stock prices of the entire electronics industry are falling, and even pull the market down. This is definitely not a simple sell-off of stocks with hot money. It is very likely that it is a long-planned thing!

But what are these people doing? Under normal circumstances, they should slowly sell and cash out to make money. The stock price has fallen. Don't they have nothing to lose? And if you throw it like this, you are not afraid of not being able to throw it out?

Norio Oga's cell phone hadn't been hung up yet, when the phone at home rang again. His wife immediately handed him the phone, and he picked it up. After saying a few words, I hung up.

"I'm going to the company and I won't be back tonight."

...

The president of Dongzhi Company was very upset when someone woke him up in his sleep. What time is it, and people are not allowed to sleep, so how can you work tomorrow?

"President, our company's stock price suddenly plummeted!"

"What did you say? How did this happen? How much did it fall?" His drowsiness disappeared instantly. Why did the company's stock suddenly fall? The electronics industry as a whole is doing very well right now.

"Eight percent already, no,

Already ten percent! "In the time of the call, the stock fell to 10%!

"What's the reason? Has the company been exposed to another scandal?"

"No, everything in the company is normal. At least there are no scandals in the United States. I don't know about Europe. I called the headquarters and asked, and there is no problem."

"So someone is manipulating our stock price?" He was angry, but at the same time a little terrified. A big company like theirs has a market value of tens of billions of dollars. To control their stock prices, the amount of funds used is not a small amount. It is said that no one has this strength, unless many people unite!

He also got up immediately, convened the members of the board of directors, and held a meeting overnight. At least he had to come up with a way to avoid it after the Tokyo market opened tomorrow. The stocks here are also diving!

If, like the end of last year, the stock price fell for more than ten days in a row, and the stock price shrank by half, then he, the president, might be the end. And he also has a lot of shares in the company, which will cost him a lot of money!

This night is destined to be a sleepless night for many island country companies.

They don't know what's wrong with the company, why the company's stock is sold off in large numbers, and the stock price falls again and again? At the same time, they also found that the stock prices of many island country companies, especially electronic companies, were also falling sharply, basically falling to 10%.

As for the entire electronics industry, stock prices are falling, and even the broader market has fallen. The U.S. stock market is at a strong time when hot money is plentiful, stockholders' enthusiasm is high, the economic situation is good, and the policy is good. It has been rising for many days in a row. How could it suddenly plunge today?

At this time, many people began to buy while taking advantage of the sharp drop, and the stock price began to slowly rise again. Among them, there are many powerful companies.

If it is possible for someone to target one of their companies, but so many of them, who has the strength?

They are all researching and plan to join forces with each other to stabilize the stock price first. This incident even reached the prime minister of the island country. If there is another big plunge in the stock price, the economy of the island country will inevitably fall again, and that will deal a huge blow to him.

The next day, electronics companies in the entire island country, including the government, continued to release some good news, hoping to stabilize the stock price. But after yesterday's sharp drop, many stockholders couldn't believe it at all, so the stocks of these companies listed in Tokyo also began to fall.

Some rich people in Hong Kong who bought stocks in electronic companies have already opened champagne to celebrate. Some of them earn more, some earn less, but no matter what, they all earn.

This joint, went to the United States to make a lot of money, it feels really cool. It’s just that some people are a little bit regretful. If they had known earlier, they would have been bolder. If they had invested more money, they would have made more money. This was much faster than their other businesses. No wonder Fu Rongqi has been insisting on doing it. Finance, finance is indeed a profiteering industry!

They are now waiting to see the stocks of chemical companies sold tonight, and everyone will celebrate together tomorrow. It just so happened that the old guy Fu Rongqi had his birthday in a few days. I guess everyone will save face this time and have fun. No matter how everyone can make money this time, it has nothing to do with Fu Rongqi.

But at this time, Fu Rongqi's face was not very good-looking. These people don't understand finance at all. Can stocks be thrown like this? If you listen to him and sell slowly, everyone will get more profit. But these people didn't listen at all. If some people didn't plan to buy the bottom, many of their stocks would not be able to sell!

The stock market in Tokyo was closed, Norio Ohga and the others were in a bad mood. The stock price here also failed to stabilize. Many people sold in panic, and the stock price fell again and again.

"Dahe Nooro, explain to us why the stock price has fallen so much?" asked a director who was praising him yesterday.

"Someone targeted us, or targeted electronics companies in our island country, especially the companies whose stock prices plummeted last time. After our investigation, most of these hot money came from Xiangjiang!" Norio Ohga said in a deep voice.

Those people didn't hide at all, just entered the market together so openly, drove up their stock prices, and then exited together, causing their stock prices to plummet. Isn't this treating Sony as a cash machine?

"Xiangjiang, why are they targeting us? Is there any big electronics company in Xiangjiang? There is no company in our island country doing anything excessive in Xiangjiang. Why do they do this?"

Norio Oga glanced at the director, are you an idiot, can't figure out such a simple question?

"Of course it is a benefit. They saw that our stock price would rise, and then a lot of hot money entered the market to drive up our stock price. Now that it is almost the same, they started selling. Remember that our stock price fell sharply at the end of last year , Then we didn’t save the market much, did the stock price start to rise by itself, they bought our stock at that time.”

"Why didn't you pay attention to such an important matter? You also asked us to increase our holdings of the company's stock, and now the stock price has fallen again. What do you say about this?"

Norio Oga was also angry, how many times, how many times? When this group of directors make money, they say it's the result of everyone's hard work. If they lose money, it's all his fault. This fucking acting president, I don't want to do it anymore!

"I have nothing to say. If you think anyone is more suitable for this position than me, you can raise it, and I can step aside!" (To be continued.)

PS: For the third update, thanks to 7926852, VictorMer, ◎◎0 Dongshan Jieshao◎◎, Heishuiwan, Lao Na ready to shoot and other book friends for their monthly tickets, thank you. There will be more