Chapter 1187: The ‘pig teammate’ in the eyes of the pure ordinary Hyuga

That afternoon, Jiuding Securities smashed the market and sold, and Nomura Securities also scrambled to ship, which had a huge negative impact on the stock price of Dayang Fisheries.

Perhaps at first there were still investors and institutions that didn't react, but when they saw that the sell orders never stopped.

In particular, after the sell order for 5 million shares placed by Jiuding Securities Company was cleared, it was once again smashed at an ultra-low price with 5 million shares. And from time to time, it lowered the price and relisted, clearly competing with Nomura Securities Company to escape.

This behaviour caused great panic in the market, causing the stock price of Dayang Fisheries to plummet.

At the close of trading that afternoon, the stock price of Dayang Fisheries had fallen to 258.25 yen per share.

The stock price had fallen so low, but because of the market panic, no institution dared to pick up the shares in the second half of the afternoon. Nomura Securities and Jiuding Securities both held large amounts of shares that they could not sell, and were caught in an embarrassing vicious circle.

That afternoon and evening, Yutaka Yamakita's mood was terrible!

As soon as the market opened the next morning, the shares of Taiyo Suisan Kaisha, Inc. became the battleground for the two securities companies again.

Whether it was Taiyo Suisan Kaisha, Inc., the shareholders, or the institutions that had previously picked up the shares, they all wailed in grief.

When the gods fight, the fish get caught in the middle!

Forget it, judging from the situation, Ocean Fisheries is going to have a bad time, so let's sell to cut our losses!

With this mentality, many shareholders and institutions blindly followed the trend and joined the stampede.

'This won't work. The price has dropped, and the stocks can't be sold. Let's hold off for now, and let Jiuding Securities be the first to sell. I don't believe they have many stocks in their hands!'

At around 10:30, Yamakita, who was feeling a little irritable, decisively ordered a temporary halt to the rush to flee.

In this way, Jiuding Securities Company lost its biggest opponent, and even though some retail investors were still selling their shares, they were unable to make the stock price of Dayang Fisheries Company fall any more quickly.

Just then, an employee ran up to Yamakita and respectfully reported something. Yamakita's face instantly grew grave, and he let the employee lead the way out of the operations room.

When they arrived in the reception room, the solemn expression on Yamakita's face had disappeared, replaced by a friendly smile.

'Yamashita-kun, welcome!'

Yamakita said, bowing slightly and shaking hands with Yamashita Naoki to show his welcome.

Yamashita Naoki also greeted Yamakita with the same courtesy:

"Yamakita-kun, thank you!'

'Sorry to have taken up your time!'

Yamakita laughed heartily, and said with a hint of meaning: 'Not at all. I was planning to liquidate some stocks to free up capital, but since yesterday afternoon your Jiuding Securities Company has been competing with us to liquidate, I have just ordered that my subordinates temporarily stop liquidation and let you liquidate first, so I have just the time.'

Yamashita Naoki's eyebrows twitched slightly, and he pretended to look surprised, saying, 'Yamakita-kun, is there really such a thing? I didn't know that until you said it!'

'This is not my project, so I really don't know.'

'If I were in charge, I would definitely contact you in advance and determine the order of clearance, so that neither company would suffer!'

He said a lot, but it was all just pleasantries.

Yamakita Yu didn't expect to get anything from Yamashita Naoki, he was just venting his dissatisfaction.

Yamashita Naoki said that it wasn't his responsibility, so it was useless for Yamakita to talk to her about it.

'Yamashita-kun, I wonder what business you are here for this time?'

Yamakita Yu skipped over that topic and asked directly.

Yamashita Naoki sat up straight and said solemnly, 'Yamakita-kun, I came to visit this time at the order of our president to discuss a win-win cooperation with Nomura Securities.'

'Please speak!' Yamakita Yu said sternly.

Yamashita Naoki stated his purpose: 'Your company holds 6.72% of the shares of Xiaosi Industry. We hope that your company can lend them to us temporarily, and our company is willing to pay the corresponding handling fees and royalties.'

Yamakita Yu's pupils contracted, and he stared at Yamashita Naoki with a serious expression, saying in a deep voice: "Yamashita-kun, do you want to short Xiaosi Industry?'

Yamashita Naoki remained calm and said with a composed face: "I don't know about that, I'm just carrying out the orders of our president Matsushita.'

'But Mr. Yamakita, do you really need to ask so many questions about this kind of business?'

'I remember that Nomura Securities also borrowed stocks from our company before, and we agreed without asking too many questions.'

'Anyway, since your company is bullish on Koshi Industry for the long term, we will return the stocks in full in due course. As long as your company does not lose out, that's fine, isn't it?'

Yamakita Yu laughed, but it felt a bit like a forced smile.

'Yamashita-kun, the value of the shares in Koito Industries exceeds 30 billion yen. The amount involved is too large and has exceeded my authority. It must be approved by our president, so I cannot give you an answer for the time being!'

Yamashita Naoki nodded understandingly and said, 'I understand. Then would you please report to your president Junpei.'

'Shall we come back this afternoon or tomorrow?'

Although this was a question, Yamashita Naoki deliberately limited the time, so that Yamakita Yu could not delay.

Yamakita Yu looked at Yamashita Naoki deeply, and without jumping into the pit, he said with a faint smile that was watertight, 'I can't be sure about that. I definitely hope to cooperate with your company, but the key will still depend on the attitude of our president.'

'Okay, then I'll be waiting to hear from you!' Yamashita Naoki felt a little regret in his heart, but he didn't show it, and he kept smiling. After he finished speaking, he stood up.

'Yamakita-kun, then I won't disturb you anymore, we'll be going now!'

'Okay!'

'I'll see you out!'

After Yamashita Naoki had left, Sanpei Yutaka immediately made a phone call to the Island Silk Industry Company, not to say that Jiuding Securities was preparing to short sell, but to find out about the company's business situation.

After getting a definite answer, he went to the office of the company president, Hirata Sumihisa, and knocked gently on the door.

'Knock, knock!'

'Come in!'

Hearing the voice from inside, Sanpei Yutaka gently pushed open the door and quickly walked in.

'President, I have something important to report to you!'

Junpei Hirata, who was looking at the material and thinking, put down his pen, slowly looked up at Yamakita, and asked in a deep voice, 'Is it still about Taiyo Fisheries?'

Yesterday afternoon, Yamakita had already reported the relevant situation to Junpei Hirata in time in order to reduce his responsibility.

Yamakita said respectfully, 'President, this is the first thing. Apart from this, there is another equally important matter.'

'First, tell me about Taiyo Fisheries.'

Junpei Hirata frowned slightly and continued to command with composure.

'Yes!'

'The share price of Taiyo Gyogyo has fallen to 246.52 yen per share. In fact, when the share price fell below 250 yen per share, I instructed my subordinates to suspend the sale of shares to avoid an embarrassing competition with Kudo Securities.'

'At present, we still hold 10.21 million shares in our hands, and only 4.11 million shares were sold yesterday and this morning.'

'This morning in particular, it was difficult to close the sell orders we posted, so I took the liberty of deciding to stop selling.'

After saying this, Yamakita Yutaka bowed his head, but his peripheral vision was still quietly peeking at Junpei Hinata's reaction.

Junpei Hinata was able to understand Yamakita Yutaka's decision, and he would have done the same thing if he were in his shoes.

Therefore, he gave a positive response to Shanbei Yong: 'You did the right thing!'

'We are clearing our stocks, as is Jiuding Securities. In fact, our two companies' views are the same: we are bearish on Dayang Fisheries. They are crashing the market, which is overall good for us.'

'The only surprise is that they joined the crash before we had finished selling our stocks. They did what we were going to do last, but earlier.'

At this point, even Junpei Hirata could not help feeling depressed.

If it had been a week later, or if he had known in advance that Jiuding Securities was going to dump the stock, then he could have completely changed his plan, given up on the idea of dumping the stock at the end, and the expected return would have been even higher.

But human calculations are no match for the calculations of heaven, and he had not expected that Jiuding Securities would also be shorting Ocean Fisheries in large quantities.

And it had affected their plan.

Jiuding Securities had simply popped up like a pig teammate out of nowhere!

Seeing that Yamakita was too scared to respond, Junpei was feeling bored. He gave a bland order, 'Today, let Jiuding Securities clear their positions first. There are only so many shares of Ocean Fisheries in circulation, and we've sold most of them. Jiuding Securities wasn't the one that bought them before, so they shouldn't have many shares left. They should be able to clear their positions in a few days.'

'If there are any special circumstances, you deal with them in a timely manner and report back to me.'

Yamakita answered loudly, 'Yes!'

Junpei Hyuga continued to ask, 'What was the second thing?'