297. Summit Showdown (1)

Sure enough, the yen overnight foreign exchange market saw a big dive expected by Ye Zifeng, and the yen fell 3,800 basis points against the dollar, and the foreign exchange market was full of blood and mourning.

The exchange rate of a country's local currency, whether it rises or falls, should be stable, and sharp appreciation and depreciation will hurt a country's economy very much! For example, the sharp depreciation of the local currency of import and export enterprises, especially in countries with poor domestic resources such as the Japanese state, indicates a serious shrinkage of assets.

As now, overnight, the exchange rate suddenly depreciated sharply, and everyone sold the yen and bought a basket of currencies such as the dollar, causing the yen to depreciate sharply. As a result, the value of assets denominated in yen has depreciated sharply! First and foremost are assets such as finance and real estate, which are denominated in yen.

Almost overnight, all economic analysts in the world have been bearish on the Japanese economy, believing that the five-year-long economic bull market has ended, the bulls will go to the bears, and the Japanese will enter an economic winter.

What's more, it is believed that the economic crisis of the Japanese country has completely exploded!

Public opinion began to be one-sidedly bearish on the stock market and futures market!

Sure enough, the next day, the Japanese futures market, the stock market and the bond market opened sharply lower, among which the Nikkei opened at 33,800 points, down more than 1,800 points, or as much as 5%.

The share price of Mitsubishi Corporation fell slightly less than the broader market index, opening at 928 yen, down only nearly 3%, but the trading volume was significantly enlarged, and the over-the-counter funds entered the market to protect the disk obviously!

In the futures market, Nikkei futures also fell sharply at the same time, and investors who were hedged in the spot market have opened short orders in the futures market to hedge the losses in the spot market, but because there are few opponents, the short orders in the futures market have lost their minds, and the decline is far greater than that of the spot market.

The futures market is an expected market and a bellwether for the spot market. When everyone saw that the futures price was significantly lower than the spot price, it caused even greater panic in the spot market.

After entering the continuous auction, everyone began to sell spot one after another, and the Nikkei index saw a sharp fall.

33,000 points, 32,500 points, 32,000 points。。。。。

It was not until 31,500 points that the Nikkei showed signs of stopping, but on the market, the index did not show signs of rising, but traded sideways at a low level.

At this time, the Nikkei index has fallen by nearly 5,000 points, that is, by nearly 14%, and the panic market has converged, and the selling pressure without recording costs has been reduced.

Mitsubishi's stock price quickly fell below the opening price during the continuous bidding process, and 928 yen has become the highest price.

Mitsubishi's disk protection funds at the 900 yen integer mark, slightly raised, under the pressure of crazy selling, collapsed!

Before Ye Zifeng could suppress it, Mitsubishi's stock price fell below 900 yen, 890 yen, and 880 yen。。。。。

At this moment, Yoshihara Ogawa sat in the trading room of Mitsubishi Corporation's headquarters, his heart was as cold as ice and his face was as cold as ashes!

Since Yoshihara Ogawa has been closely following the changes in the foreign exchange market last night, but when he noticed that the yen has depreciated sharply against the dollar basket of currencies, he knows that a market crash is inevitable today!

Before the market opened, when he reported his judgment to Yoshihara Yamamoto, Yoshihara Yamamoto was also like ashes, but he still had a trace of illusion, thinking that the decline in the foreign exchange market was just a delayed reaction to the decline in the Nikkei stock market yesterday, and in today's market, the reaction should not be too intense!

But the market really reflects the sentiment of investors!

There has been a surge in the stock, bond and futures markets!

"What to do? Do you want to lose your car? Hold Mitsubishi's stock price first? Yoshihara Ogawa asked Yoshihara Yamamoto eagerly.

Yoshihara Ogawa knew that Mitsubishi's cash flow was simply not able to withstand the selling pressure of financial assets. From the stock market, bond market, futures market, and various investment funds, everyone is crazy to cash out, and the drama of running fast is being staged everywhere.

"First clear all kinds of investment funds, close all the long positions in the futures market, and then see how many short orders can be opened for hedging! Then reduce the holdings of other stocks and keep the shares of Mitsubishi Corporation! ”

Yoshihara Yamamoto is worthy of being a generation of heroes, and when he felt that he knew that there was a mistake in the judgment of the market, he made a decision and issued a series of operation instructions to Yoshiwara Ogawa.

After receiving the order, Yoshihara Ogawa also issued corresponding operation instructions to each trader. And the maintenance of Mitsubishi's stock price is his own operation.

The listed Mitsubishi company, as the mother ship of the Mitsubishi Group, it carries too many interests of the Mitsubishi company, it is the financing platform of the Mitsubishi Group, 75% of the shares of the Mitsubishi company held by the Yoshihara family have been mortgaged to other financial institutions to obtain enough cash, in this battle for control of the Mitsubishi company with the Xiuchuan family, the cash policy of the Yoshiwara family has won the full support of other shareholders for them, and has made great contributions!

Therefore, in the stock price of Mitsubishi Corporation, they must not have the slightest mistake!

When the stock market opened, Yoshihara Ogawa carried out a slight protection on Mitsubishi shares, so that Mitsubishi shares fell better than the decline of the broader market.

In this way, there will be an illusion in the minds of investors that Mitsubishi's stock price is still relatively strong, which will reduce a certain amount of selling pressure accordingly.

However, the market is not what people want!

At the beginning of the continuous bidding transaction, the selling pressure surged, and everyone took running fast as the standard! Mitsubishi's strong performance has attracted a lot of selling pressure.

Yoshihara Ogawa had no choice but to give up this hopeless act of protecting the disk!

When Mitsubishi shares fell to the 900 yen integer mark, Yoshihara Ogawa plucked up the courage and wanted to try to protect the disk again, when he found that his million share buy order, at the price of 900 yen, had not been maintained for a minute, it was pierced by a huge number of orders, and at the 900 yen integer mark, five million orders were quickly piled up, and the number of stacked orders was rapidly piled up to more than 10 million.

These sell-offs quickly sparked panic, and Mitsubishi's stock price fell by 860 yen, 840 yen, 820 yen, and 800 yen。。。。。。

Mitsubishi's stock price plunged nearly 20 percent in this plunge, far higher than the 14 percent decline in the broader market index.

Yoshihara Ogawa knows that instead of letting the funds be consumed in this rapidly declining process, it is better to wait for the market to stabilize and protect the disk, so as to effectively use the existing funds.

Ye Zifeng did not make any moves after the morning market opened, he just looked at the decline of Nikkei futures, and knew that when the market closed yesterday, he had made a huge amount of short orders in the futures market, and he had earned a lot of satisfaction.

Ye Zifeng did not choose to close the position and make a profit, but chose to continue to hold!

In the futures market, the vast majority of investors take a rolling operation to chase the rise and kill the fall in order to obtain the maximum profit. For example, Ye Zifeng's position is not moving, and only if he is extremely bearish or bullish on the market, and he is very confident in the trend, he will hold a position like this.

The futures market is fundamentally different from the stock market, and when you see the wrong trend in the futures market, you must not easily hold or cover the position, because in this way, it will often lead to liquidation.

In the stock market, holding or covering positions can be seen everywhere, because this kind of trading method only loses time, not money. This is often the only choice for retail investors. Once the quilt is covered, choose to lie down on the spot and patiently wait for the market to pick up.

Hidekawa Yoshiko saw that Ye Zifeng had made a lot of money on Nikkei index futures, but he did not choose to close the position, so he asked curiously: "Now that the spot and futures have both fallen sharply, if the time comes, the market index will be reversed, and the profits will shrink sharply!" ”

Yoshiko Hidekawa knows that when the index falls too sharply, there is often a round of rebound or reversal in the intraday.

"It's not important to make money, it's just that we do it by the way, and our goal is to take down Mitsubishi!" Ye Zifeng stared at the plate and said nonchalantly.

In such a market world, if someone earns a lot of money, but he suddenly tells you that making money is not important, then you must only vomit blood and die.

Ye Zifeng stared at the shares of Mitsubishi Corporation, and when he fell to 900 yen, a million-dollar buy order suddenly appeared below, trying to hold the stock price.

Just when Ye Zifeng was still hesitating whether to break it through, the millions of pay orders were instantly penetrated. When Ye Zifeng saw this, he lost no time in pressing the only more than 3 million Mitsubishi shares in his hand at the price of 900 yen at one time.

Subsequently, the selling orders at this price increased rapidly, and in the blink of an eye, tens of millions of sell orders were accumulated at the price of 900 yen, and Mitsubishi's stock price fell rapidly.

And Ye Zifeng's selling order at 900 yen did not even make a deal.

In this way, Ye Zifeng's books began to lose money!

The loss is not important to Ye Zifeng. The important thing is that Ye Zifeng must collect enough Mitsubishi shares.

Only by collecting enough Mitsubishi shares can the Hidekawa family regain control of Mitsubishi.

When Mitsubishi's stock price fell to 800 yen, Ye Zifeng and Yoshihara Ogawa began to enter the market in unison. It's just that one is to enter the market to protect the disk, and the other is to enter the market to absorb cheap chips.

Yoshihara Ogawa piled up 5 million buy orders at the position of 800 yen, which supported the stock price of Mitsubishi Corporation below, and he did not actively absorb it, and was able to maintain the stock price above 800 yen, which was his first goal, and he did not want to consume too much money for the first goal.

Ye Zifeng was much more active than Yoshihara Ogawa, and he began to collect chips on a large scale between 800 yen and 850 yen. Due to Ye Zifeng's intervention, Mitsubishi's stock price has a low sideways trend.