Chapter 506: Falling Snowflakes
It was a cold January with chilly winds and large clouds in the sky, blocking the warm sunshine from shining on the earth.
Although he was wearing a thin cold-proof shirt prepared by his wife, Takeda still shivered subconsciously when the cold wind blew.
The rooftop is very cold.
Standing on the top floor of the building, you can see the prosperity of most of the port area.
Unlike Leng Se who was high in the sky, although far away from the ground, Takeda could still see the dense traffic and crowds below his feet.
As a gust of wind blew by, he seemed to hear the familiar sound of car horns and the discussions of the crowd again.
But perhaps because it was too far away, he could not hear the vague sound clearly.
Takeda stretched his head as he tried to distinguish them.
The more he looked, the more he felt that the street below was drawing him in, calling him.
Takeda raised his hand and looked at the contract he had just signed, and a smile suddenly appeared on his face.
After planning for half a lifetime, one cannot escape the word "greed".
Unfortunately, it was too late to realize it.
It’s too late.
Wow~
Takeda threw the contract in his hand into the sky, as if he was throwing away the greed that he hated and the regret that was too late.
The snow-white pieces of paper were blown by the cold wind, swirling and floating towards the bustling Tokyo.
He looked back at Chiyoda District with nostalgia again, where his virtuous wife and lovely daughter lived.
I hope they can have a good home in the future.
Taking a step forward, Takeda followed the snowflakes towards the prosperity.
The vague sound always lingered in his ears, making him feel itchy.
He wanted to listen carefully, he wanted to get closer, closer~
The world was upside down, and the corner of my eyes once again swept across the place called home.
There were hazy flashes, dancing and dissipating from the corners of the eyes and cheeks.
Alas, my heart is broken, so I'd better go and don't look back~
…
"What's the Nikkei index now?"
“It’s less than 24,000 points and is still falling.”
"How's the situation at Shirakawa Electric?"
"The decline is about 30%. With the collapse of the broader market, it is expected that this downward trend will continue for some time."
Alas~ Baichuan Feng let out a long sigh, no one was spared~
The moment he had been waiting for finally arrived. Although he was prepared, Baichuan Feng was still shocked by the scene.
The entire stock market is really collapsing. In less than half a day, the Nikkei index has fallen by almost half.
Among the listed sectors of the Dongzheng Exchange, the share price of the company with the largest decline directly shrunk by about 70%.
In half a day, the market value was reduced to only 30% of the original. Such a huge cliff-like drop is really unbearable for ordinary people.
There is also NTT, which is known as a magical stock. Its share price has fallen from a peak of more than 3 million to about half of that now.
Those ordinary families who drew lots, filled out application forms, and finally got a plant, don’t know how they should face this situation?
But he had no right to worry about these things; it was the Ministry of Finance that should be worrying about them.
"A society where wage earners cannot afford to buy a house even if they work hard all their lives is not right. ..."
Baichuan Feng was stunned by the news playing on the TV behind him.
Okay, he took it back.
The Ministry of Finance didn't take this matter seriously at all, and even wanted to do something more exciting.
The interest rates will continue to rise in March. Are they really fully prepared for the bursting of the bubble?
No, perhaps in the eyes of the Ministry of Finance and the Bank of Japan, the current stock market decline is just normal market feedback.
It won't be long before the market recovers. After all, stock prices can't keep falling.
However, things are not that simple. The economy is either overheated or overcooled.
As the movie "The Crowd" said, people's IQ will be greatly reduced when they are in a group.
Therefore, the upward or downward fluctuation of the economy will inevitably lead to a herd effect. The final result will never be just right, and overcorrection may be inevitable.
Today's stock market has already demonstrated this. With the collective withdrawal of hot money, without the support of capital, people also fled.
Yes, those hot money, those overseas capital, and some large financial groups in Japan all tacitly left the Japanese stock market today.
In fact, such actions had already started a week ago. The reason why stock prices fluctuated in the week just after the New Year was that capital was secretly cashing out and running away.
It’s just that the people who are kept in the dark don’t know this and they still believe that the stock market will rise and that the Nikkei index will break through 50,000 points this year.
So when the capital was cashed out, the young people rushed over to take over without thinking twice.
This back and forth movement lasted for about a week, which created sufficient time for capital to flee.
Until this morning, when the stock price was pushed up for the last time, all the capital sold the last few remaining stocks at once.
If a large number of trading orders flood the market, a drop in stock prices is inevitable.
According to usual rules, such trading behavior is not too abrupt.
After all, the transaction volume of the Japanese market far exceeds that of North America, ranking first in the world.
If someone sells, then someone sells. As long as the market is still there, it is normal for the stock price to fluctuate.
However, things are different now. After the last bit of stock was sold , the trading volume of the entire Neon stock market fell sharply.
There are far more sell orders than buy orders.
At this time, small and medium-sized financial institutions also reacted, so they also started to sell, and the snowball became bigger and bigger.
In the end, an avalanche formed and the little cabbages who had no time to retreat were buried under the rubble.
And all this took only half a day from planning to happening.
In fact, apart from foreign capital and some large local conglomerates, other institutions either suffered heavy losses or were completely wiped out.
Because the collapse came so quickly, most people couldn't react in time.
But all the scenes today were actually destined at the end of December last year.
At that time, the Ministry of Finance had just announced an interest rate hike, and the first few days of the New Year seemed calm.
In fact, hot money, especially overseas speculative capital, has long lost confidence in the market, or in the Japanese government.
They have seen the Japanese government's determination to suppress the bubble. No one can remain indifferent after three interest rate hikes in just half a year.
Since the situation was not right, of course he cashed out and ran away immediately.
They don't have any heavy asset investments in Neon, and all their interests are in the stock market.
So when you retreat, you can do so without any worries and just leave with ease.
Their actions in the past few days did not go unnoticed by Shirakawa Holdings, and even several other financial groups were aware of them.
However, hot money can withdraw very quickly, but these local companies cannot.
Apart from its financial companies which can take advantage of the opportunity to reap the benefits, other affiliated companies can only bear the impact of the stock market crash.
This is the soil in which they survive. They prosper together and suffer together.
"Draw up a plan, and when the share price of Shirakawa Electric drops to a certain level, we will start buying back the shares.
The same is true for the stocks of other companies in the market. If the price is right, you can buy some of the companies that are doing well."
"I understand." Arai Yu was not surprised by Shirakawa Feng's order. This was something that had been planned in the first place.
When the price of Shirakawa Electric was at its peak, Shirakawa Feng asked his women to sell all the scattered shares they had acquired over the years.
I cashed out a lot of money during this period, so I won't mention it. Now the stock market is crashing, and it's time to buy back shares when the bottom comes.
Although Japan's stock market may experience a bear market for ten or even twenty years.
But not all stocks are falling. The stocks of those companies with good business performance and strong brand awareness will eventually rise.
For example, Sony, Toyota, Nissan, Panasonic, Nikon and Shirakawa Electric itself, after experiencing a year or two of decline, their stock prices will definitely rise again.
Wouldn't it be a big loss if we didn't take the opportunity to buy back some shares at this time? Maybe those consortiums are also secretly buying up Shirakawa Electric's shares in the market.
"By the way, Subaru is the focus. We want to increase our shareholding to 40% within two years, and it would be best if we could have absolute control within five years."
This was something that Shirakawa Kaede had planned a long time ago. Previously, because the stock price was too high, the cost of controlling Subaru was too high.
But now is a good opportunity. As the Nikkei index plummets, Subaru is also falling.
Automobile and heavy industry have always been Baichuan Feng's favorite. If he doesn't achieve absolute control at this time, it would be a waste of a great opportunity.
Arai Yu had already noted all of these down before, and now with Shirakawa Feng's repeated attention, he raised Subaru's priority.
After going over with Arai Yu and the others the plans for Shirakawa Holdings for the next few years, Shirakawa Feng can finally relax and watch the spectacle of the bubble bursting.
Tsk, luckily I was fully prepared and the losses have been minimized.
Of course, there is nothing that can be done about the falling share price of Shirakawa Electric, but compared to the widespread misery outside, this result is much better.
Everyone is having a hard time at the beginning of this spring.
Turning around and walking to the floor-to-ceiling window of the office, Baichuan Feng looked at the street scene outside with a sigh.
Huh? It's snowing?
Suddenly, Baichuan Feng's attention was attracted by the white color floating in the sky. He looked carefully and found that it was not snow.
Instead, it was a large piece of white paper flying in the air.
What the hell, how come all the pieces of paper are flying into the sky? It's not that windy outside.
Brush~
Just as Baichuan Feng was concentrating on looking carefully, a black shadow quickly passed by his eyes.
"Shirakawa-san!" Arai Yu noticed this and exclaimed subconsciously.
“Bang!”
A few seconds later, a muffled sound came from downstairs.
Although the sound was not loud, both Shirakawa Kaede and Arai Yu shook subconsciously.
The office fell into silence in an instant. Shirakawa Feng and Arai Yu looked at each other and saw the shock in each other's eyes.
"Ah~!" A faint scream came from downstairs.
Without bothering to say anything, Shirakawa Kaede quickly walked to the window and looked down, followed closely by Arai Yuya.
There were crowds of people on the street, but there was one area that was empty from the crowd.
There was a blurry black figure, lying quietly on the ground without moving.
No, there was a black shadow flowing and gradually expanding.
Wherever it flows, people will retreat away.
The black color spread quickly and gradually, like a stretched shadow, dragging very long on the ground.
