Extraordinary Genius

Chapter 708: Some are happy and some are sad·Part 1

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readx(); Ohga Norio doesn't understand why the stock price suddenly plummeted? There are no problems in the company's operations. The sales of PS game consoles are getting better and better, and the market feedback is also very good. The sales of CDs are rising steadily. The sales of Walkmans, CD players, etc. are also good, and the income from the concerts of its artists is also good. Good, no negative news.

It is said that the stock price has continued to rise. Even if there are fluctuations, it will not suddenly plummet. The U.S. stock market is now 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-scale selling, which caused the stock price to fall all the way.

Who is it? Is it those hot money? Is there anyone deliberately targeting their Sony

Regardless of the fact that his lower body was still naked at this time, Norio Ohga immediately picked up the phone and called the person in charge in the United States.

"President, mainly overseas hot money, they are selling off our company's stocks in large quantities. And it is not just our company, including Dongzhi, Sharp, Pioneer and many other companies listed in the United States. The stocks have been sold off in large quantities. Everyone's Stocks are falling, and with them, the stock prices of the entire electronics industry are falling!"

"Overseas hot money? Do you know where it comes from?"

"We are investigating, and the current confirmed area is Asia."

Asia? Who is it? Which company is responsible? The stock prices of the entire electronics industry are falling, even causing the market to fall. This is definitely not a simple selling of stocks by hot money. It is very likely that it is something that has been planned for a long time!

But why are these people? Under normal circumstances, they should slowly sell and cash out to make money. If the stock price falls, don't they have no losses? And if you throw it like this, you're not afraid of not being able to throw it out

Before Ohga Norio's cell phone hung up, his home phone rang again. His wife immediately handed him the phone. After he picked it up, he said a few words and then hung up.

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

The president of Dongzhi Company was woken up from his sleep and he was very unhappy. What time is it, no one is allowed to sleep. How will you work tomorrow

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

"What did you say? How could this happen? How much has it fallen?" His sleepiness disappeared instantly, the company's stock. How come it suddenly fell? The entire electronics industry is doing very well now.

"It's already eight percent, no, it's already ten percent!" During the call, the stock dropped to ten percent!

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

"No. Everything in the company is normal. At least there is no scandal in the United States. Europe doesn't know about it. I called the headquarters to ask, and there is no problem."

"So someone is manipulating our stock price?" He was angry, but at the same time a little scared. A large company like theirs has a market value of tens of billions of dollars. If they want to control their stock price, the amount of funds required is not a small amount. Normally, no one has this power, unless many people join forces!

He also got up immediately. The people who convened the board of directors met overnight to at least come up with a way to prevent the stocks here from plummeting when the Tokyo market opens tomorrow!

If the stock price continues to fall for more than ten days like it did at the end of last year, and the stock price shrinks by half, then he, as the president, may be done for. And he also owns a lot of stock in the company, which will cause him to lose a lot of money!

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

They don't know what's wrong with the company, why are the company's shares being sold off in large numbers, and why are the stock prices falling again and again? And they also found that the stock prices of many island companies. In particular, the stock prices of electronic companies have also plummeted, basically to 10%.

As for the entire electronic products industry, stock prices are falling, and even the broader market has fallen. The U.S. stock market is at a time when it is strong and hot money is abundant. The enthusiasm of stock investors is high. Regardless of the good economic situation or policies, the stock has been rising for many days in a row. How could it suddenly plunge today

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

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

They are all studying and planning to join forces with each other to stabilize the stock price first. This matter even reached the Prime Minister of the island country. If there is another big plunge in stock prices, the island country's economy will inevitably fall again, and the blow to it will be huge.

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

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

This time we joined forces and went to the United States to make a lot of money. It felt really good. It's just that some people are a little regretful. If they had known better, they would have been bolder. If they had invested more money, they would have made more money. This is much faster than they can make money from other businesses. No wonder Fu Rongqi keeps insisting on doing it. Finance, finance is indeed a hugely profitable industry!

They are now waiting to see the stocks of chemical companies being sold tonight, and everyone will celebrate together tomorrow. It just so happens that old guy Fu Rongqi has his birthday in a few days. It is estimated that everyone will give face to the party this time. Why can everyone make money this time has something to do with Fu Rongqi.

But Fu Rongqi's face didn't look very good at this time. These people didn't understand finance at all. Can stocks be sold like this? If you listen to him and sell slowly little by little, everyone will make more profits. But these people didn't listen at all. If some people didn't plan to buy the bottom, they wouldn't be able to sell many of their stocks!

The stock market in Tokyo was closed, and Norio Ohga and the others didn't look good. The stock price here also failed to stabilize. Many people sold in panic, and the stock price fell again and again.

"Oga Norio, please explain to us why the stock price dropped so much?" asked a director who was still praising him yesterday.

"Someone is targeting us, or targeting the electronics companies of our island country, especially the companies whose stock prices fell sharply last time. And after our investigation, most of this hot money comes from Xiangjiang!" Norio Ohga said in a deep voice.

Those people didn't hide it at all. They entered the market together openly and unscrupulously, raised their stock prices, and then exited together, causing their stock prices to plummet. Didn't they treat Sony as a cash machine

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

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

"Of course it's profit. They were sure that our stock price would rise, and then a large amount of hot money entered the market to push up our stock price. Now that they think it's almost done, don't they start selling off? Remember our stock price plummeted at the end of last year , then we didn’t do much to rescue the market, and the stock price started to rise on its own. They bought our stocks at that time.”

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

Norio Ohga was also angry. How many times had he been angry? How many times had this happened? When these directors make money, they say it's the result of everyone's hard work. When they lose money, it's all his fault. I don't want to be this fucking acting president anymore!

"I have nothing to say. If you think there is anyone more suitable for this position than me, just bring it up and I can give up!" (To be continued.)

PS: The third update, thank you to book friends such as 7926852, VictorMer, ◎◎0东山杰少◎◎, Black Water Bay, Lao Na is ready to shoot, etc. Thank you. There will be more updates later