Chapter 1254: Seize 90 billion!

What else can be done?

Of course, the choice is to continue!

Jiuding Securities did not budge an inch and maintained its aggressive stance.

After the weekend, the stock market reopened on Monday.

Jiuding Securities Company once again made a big deal of raising its bid to buy Nippon Steel shares.

The Mitsui consortium's aggressive approach re-ignited the enthusiasm of many investment institutions.

Over the course of two days, Nippon Steel's share price soared to 1,345.7 yen per share amid fierce competition.

After the market closed on Tuesday afternoon, a bunch of Nippon Steel shareholders, as if by agreement, successively disclosed their shareholdings within an hour.

The ranking of Nippon Steel's top ten shareholders was almost completely changed.

Mitsubishi Group Holdings remained the largest shareholder with a 10% stake, but the four companies of Mitsui Bank, Mitsui Trust Bank, Tokio Marine & Nichido Fire Insurance, and Meiji Life Insurance also entered the ranks of the top five shareholders.

Among the top ten shareholders, there are as many as eight shareholders belonging to the Mitsui financial group!

After the disclosure of the shareholding information, Nippon Steel's president, Ichiro Fujiwara, gave an interview to the press, in which he was cocky and arrogant, once again emphasising that Nippon Steel is an inseparable part of the Mitsui financial group, and that any invaders with sinister intentions will fail.

He also concluded by shouting to the world, reminding all investors to keep their eyes open and not to entrust their precious capital to the care of a weak securities company with no overall vision, to avoid unnecessary losses.

Although Fujiwara Ichiro did not name anyone, everyone knew that he was referring to Jiuding Securities.

The pressure of public opinion shifted to Jiuding Securities.

Many people waited with bated breath to see Matsumoto Yu's attitude.

However, Matsumoto Yu refused to be interviewed, much to the disappointment of those waiting to see the joke.

But early Wednesday morning,

An exclusive interview with Matsumoto Yu published in the 'Zennichi News' was very explosive, which made the crowd of onlookers drop their jaws, and also made Ichiro Fujiwara, who had just arrived at the company, so angry that he wanted to vomit blood.

'With an investment profit of 90.01 billion yen, have we really lost?'

'...When Nippon Steel's share price was over 600 yen per share, it was worth investing in and acquiring, but we believe that Nippon Steel's share price is now seriously overvalued, so we chose to give up acquiring Nippon Steel. I know that many people are laughing at our company, but I want to ask them, although we gave up acquiring Nippon Steel, we made a profit of 90.1 billion yen on this project, have we really lost?'

'Nippon Steel is not an irreplaceable company. As long as it can ultimately achieve a profit, any company is our investment target. No one is irreplaceable.'

'As a securities investment company, Jiuding Securities's only goal is to use the most rational and astute judgment to create wealth for our loyal partners...'

This news article is relatively long, and most of it is Matsumoto Yu's words, or rather, it is advertising for Jiuding Securities.

The rhetorical question asked by Matsumoto Yu during the interview was used as the headline, and the photo of his inexplicable smile was used to double the damage and insult.

'Baka!'

'Ah...'

Fujiwara Ichiro tore the newspaper in his hands into shreds, threw it on the ground, and was still not satisfied. He angrily cursed and stomped on the pieces of the newspaper.

This is typical of being infuriated and incompetent!

At this moment, Fujiwara Ichiro's face felt hot and burning, as if he had been slapped by Matsumoto Yu from afar dozens of times.

Unconsciously, many images that he did not want to face came to Fujiwara Ichiro's mind.

Matsumoto Yu was looking at him with derision.

Many of his peers were looking at him with ridicule and pity, and pointing fingers at him.

The president, Mitsui Genta, who valued him very much, angrily and disappointedly yelled at him that he was a pig, and then raised a knife and wanted to chop him...

The various images in his mind brought Fujiwara Ichiro to the brink of collapse.

...

'I never thought it, everyone was fooled by him, making a profit of 90 billion yen, then the stake held by Jiuding Securities must be more than 13%, and such a large amount of shares cannot be sold in two days, it has been secretly liquidated since last week.'

'The Mitsui Foundation has been following the route they designed.'

'It's too deceptive!'

'Matsumoto Yu should not dare to do this, and the only person who can control this is Xia Yu, who is hiding behind the scenes.'

Among the Sumitomo family, after reading the newspaper, Sumitomo Kosuke was full of emotion. In his eyes, in addition to shock, there was also envy and jealousy.

A profit of 90 billion yen, and it was achieved in such a short period of time.

If you think about the Sumitomo Bank that he is in charge of, although it is a financial giant in the island country, with bank assets of up to 12 trillion yen, the net profit before tax it created last year was less than 40 billion yen.

After working hard for a year, it is less than half of the income of this short-term operation of Jiuding Securities.

'Xia Sang's Jiuding Securities is really amazing, and he is worthy of being called the man of stocks.'

Kumiko Sumitomo, who was serving tea to her father, couldn't take her eyes off him, thinking to herself, 'That Natsuo is really something. He's worthy of being called the stock god.'

Shinichi Sumitomo stroked his beard, his eyes full of solemnity.

'Even we were fooled, so it's understandable that the Mitsui Foundation, which has a direct interest, would also take a fall.'

'But we can't blame Gentaro Mitsui for making the wrong judgment. After all, Jiuding Securities did have the motive to acquire Nippon Steel.'

Nippon Steel was originally the ringleader in the blockade of the Tiangong Automobile Group, and in the previous battle for Suntory, although Jiuding Securities won the final victory, Mitsui Securities and Mitsui & Co. paid a heavy price, but Jiuding Securities also paid a higher price for the acquisition because of Mitsui Securities' involvement.

Therefore, Jiuding Securities Company and the Mitsui Consortium had old and new grudges.

From the perspective of these outsiders, or from the perspective of the insider Mitsui Genta, it was reasonable for Jiuding Securities Company to launch a takeover of Nippon Steel.

Moreover, from the actions of Jiuding Securities Company, it also revealed its true intentions to acquire the company.

No wonder everyone subconsciously believed that Jiuding Securities Company was really going to acquire Nippon Steel.

They just didn't expect that Jiuding Securities Company had tricked everyone!

'Grandpa, Dad, do you think if the Mitsui Consortium really didn't find out, or let Jiuding Securities acquire it, Nisshin might really acquire Nippon Steel?'

Just then, Sumitomo Kumiko, who had been quietly pouring tea for her grandfather and father, suddenly asked a question.

Sumitomo Shinichi and Sumitomo Kosuke were taken aback. They looked at each other and then fell into thought.

After a while, Sumitomo Shinichi nodded and said, 'I think it's very possible. With the strength of the Jiuding consortium, it is enough to acquire Nippon Steel, and the pressure on Xia Yu will not be too great.'

'So the initiative has always been in the hands of Jiuding Securities. They should have made two contingency plans, so after Nippon Steel discovered and resisted, they immediately adjusted their direction, right?'

Kumiko Sumitomo asked.

'That should be it.'

'Kumiko, you have grown up a lot,'

Shinichi Sumitomo said to his granddaughter with full of gratification, but secretly regretted that Kumiko was a granddaughter instead of a grandson, and could not be cultivated as the family heir.

...

'Although the acquisition by Nippon Steel has come to an end, our entire plan has not yet come to an end. Continue to accelerate the acquisition of shares in Aichi Steel and Nisshin Steel...'

After giving instructions to the department manager and other subordinates in the operations room, Matsumoto Yu of Jiuding Securities Company returned to his office, tidied up his materials a little, and then went to Xia Yu's office.

'Boss, sorry to keep you waiting!'

'This is the recent work situation, please take a look!'

Saying this, Matsumoto Yu handed Xia Yu the folder in his hand.

After Xia Yu took it, he smiled and nodded, indicating for him to sit down: 'It's fine, sit!'

Then, Xia Yu briefly browsed through it.

The company's undisclosed stake in Nisshin Steel had reached 38.9%, and a total of 40.25 billion yen had been spent, which was not a high cost for the acquisition.

In addition, the company had also secretly acquired a 16.8% stake in Aichi Steel for 10.25 billion yen.

This Aichi Steel Company is also an iron and steel company not much different from Nisshin Steel, and it is also a company in the Nippon Steel camp. In addition to producing crude steel, Aichi Steel also produces special steel for automobiles and engine forgings, and is an important part of the Toyota Group's supply chain.

Although the company's scale is only equivalent to about three-quarters of Nisshin Steel, it is more important to the Mitsui Foundation than Nisshin Steel.

This company will be an important auxiliary target for the successful acquisition of Nisshin Steel.

After reading all this, Xia Yu saw the content of the fundraising reception tomorrow afternoon.

Jiuding Securities will open four new funds, two closed-end funds and two open-end funds, each with a capital of 100 billion yen.

The scale of each fund is comparable to that of a medium to large securities company.

If the fundraising goes well, Jiuding Securities will raise 400 billion yen!

And of this, 200 billion yen is a more strictly closed-end fund, which investors cannot redeem as long as it is not due.

Compared to open-end funds, this type of fund is more important to Jiuding Securities Company, because the funds from closed-end funds are more suitable for the company to make long-term investments and deployments, reducing a lot of trouble and unstable factors.

Closed-end funds are the more important foundation of an investment company.

However, with development, semi-open-end funds and open-end funds are relatively more popular, and it is more difficult to raise funds for closed-end funds with many restrictions.

Not to mention that Jiuding Securities has opened two closed-end funds with a scale of 100 billion yen each at once, which is no small feat.

Fortunately, in the first half of this year, Jiuding Securities has been in a state of high exposure, and its popularity has soared due to a series of impressive achievements.

Now it has also stepped on Nippon Steel and tricked the Mitsui consortium, and it has also bitten off 90 billion yen in profits from a group of speculators. It can be said that it has become famous in one battle.

With this aura, Matsumoto Yu only dared to make this decision.

'Although the goal is very ambitious, it is feasible.'

'Okay, let's start with four funds of 100 billion yen each.'

Xia Yu smiled after putting down the documents.

Matsumoto Yu smiled and then asked, 'Boss, will you attend the fundraising reception tomorrow?'

'I won't go, just make sure you host it well and give me the result when you come back.'

Xia Yu shook his head and said.

'Okay.'