Chapter 867 - Success: Japan’s Stock Market Crashes!
Chapter 867: Success: Japan’s Stock Market Crashes!
After that, Su Yang counted how much help he received from Yagawa Masaru after he entered Japan. For example, he helped Su Yang settle his financial license and helped him get his money into Japan.
After that, it was a bunch of nonsense.
All in all, it was a whole bunch of words of gratitude.
In the end, Su Yang even “sincerely” expressed that every single yen he earned in Japan was partly thanks to Yagawa Masaru’s efforts.
Su Yang’s act of throwing Yagawa Masaru under the bus, who was originally sitting safely and soundly on the moral high ground, spit out a mouthful of blood!
He felt like he was sitting at home with a huge bus about to fall on top of him.
It was true that he had lured Su Yang to Japan and helped Su Yang exchange for more than 100 billion yen. But… That was all to trick Su Yang!
When there were no conflicts of interest, he was still a businessman with a sense of national pride. After all, he was the richest man in the country, and he was the epitome of many wealthy people. Therefore, he would not harm his own country’s interests.
However, after hearing Su Yang’s words, those tycoons and wealthy men who knew that Su Yang was going to kill them would definitely suspect whether Yagawa Masaru was in cahoots with Su Yang. Otherwise, why would he bring Su Yang in and cause chaos in Japan?
‘I even helped Su-kun apply for a license and exchange foreign currencies!
‘Oh my goodness!
‘If I knew that Su-kun had such capabilities, I would never have brought him here!
‘Furthermore, he’s being ambiguous right now!’
On the surface, Su Yang had sent in a sum of money, which was trillions of yen. Hence, now that Su Yang announced that, others might misunderstand that Yagawa Masaru was involved in the manipulation of the exchange rate. Furthermore, Yagawa Masaru was the one who helped Su Yang get that sum of money into Japan!
Furthermore, Su Yang said that every single yen he earned was partly thanks to Yagawa Masaru’s efforts.
This was literally the nail on the coffin! It was as if Yagawa Masaru was a huge turkey being roasted over a fire for Thanksgiving.
If Su Yang really were to split the money, Yagawa Masaru would definitely be the one to take all the blame, without question!
But look at how shameless Su Yang was!
He did not say that every single yen was partially Yagawa Masaru’s, but that every single yen was partially thanks to Yagawa Masaru’s efforts!
This meant that Yagawa Masaru had helped Su Yang a lot.
However, Yagawa Masaru, who knew the truth, felt that Su Yang did not leave any evidence behind. ‘I’m being made the scapegoat when I haven’t even received a single yen from him.
‘How disgusting!’
Yagawa Masaru was so disgusted by Su Yang that he almost vomited.
One must know that Su Yang had yet to start suppressing Japan’s economy, and his evil deeds had yet to be exposed. When the internet saw this news, they would at most tease him.
However, once Su Yang’s evil deeds were exposed, Yagawa Masaru could imagine the malicious public opinion he would receive.
Even smart people would be able to tell that Su Yang was purposely trying to disgust Yagawa Masaru and to provoke him. However, most of the people in the world were mediocre. They would only see Su Yang thanking Yagawa Masaru and know that the two of them were close and that Yagawa Masaru had betrayed the country.
Yagawa Masaru felt that his future in Japan was dark due to Su Yang’s push…
Yagawa Masaru knew how terrifying the public opinion would be when Japan’s economy collapsed in the future, so he was a little pessimistic. Was he going to be forced to leave Japan?
‘I’ve already been officially recognized as a traitor. If I don’t leave, will I get eliminated?’
…
Other than Yagawa Masaru, Nindentou was also falling into the pit step by step.
Initially, it was just a collaborative email from Jiadian Group, but everyone was already excited and confident about the company’s future.
Unexpectedly, at Jiadian Group’s press conference, they mentioned Nindentou and the other four automobile companies together!
One must know that those were the top 10 companies in Japan! There was even Toyota, the top-ranked automobile company!
Being on par with these companies was the glory of Nindentou!
This also made Nindentou more known to the big shots and the public, so it also boosted their share price.
Under such circumstances, the president of Nindentou waved his hand and decided to repay Su Yang sincerely. He decided to buy 10 million graphene batteries and 10 million transparent screens from Su Yang first.
Furthermore, he had decided to sell the console in advance!
So… After designing the blueprints for the new console, he ordered five million copies directly from the upstream parts supplier.
This number was not an exaggeration for Nindentou’s company. After all, their famous game console, NDS, had a global sales volume of 150 million units. Their new game console, 3DS, had sales of more than 50 million.
Even the sales of the failed product, Wii U, was 13 million.
Therefore, it was actually acceptable to order 10 million yen worth of parts and produce 5 million units.
The only problem was… It would take up too much of the company’s cash flow.
However, the interest rate in Japan was zero, and the stock market was booming. There was hot money everywhere, so there was no need to worry about money. Whether it was increasing stocks or mortgaging stocks, they could easily obtain money from the bank. No matter what, Nindentou would not lack money in the future.
On top of that, the president of Nindentou told him about the “touching experience” Su Yang had with Nissan. He said that Nissan was also preparing to produce parts in advance to show their determination.
Therefore, the senior executives accepted the plan without any objections.
Even though some of the senior executives felt that it was too risky, under the president’s authority, they did not mention it.
Therefore, one contract after another was signed, and the cash was transferred to various parts companies. The parts that were destined to be useless were also created…
Su Yang, who had been monitoring Nindentou’s movements, knew that it was finally time for him to act.
Therefore, he used the 6 trillion yen cash in his hand as a deposit and mortgaged it to the various trading firms and brokers. Then… he madly borrowed the stocks of various Japanese companies!
Because Su Yang had given them all the money he had on hand, and it was all done in batches, the major exchanges and brokerages did not pay much attention to it at first. They happily reached an agreement with Su Yang.
However, when they realized that Su Yang was borrowing more and more money, and the amount of money he was borrowing was getting more and more terrifying, these exchanges finally realized that something was wrong.
Everyone knew that one had to borrow stocks in order to make a void. ‘What’s he planning to do by borrowing so many stocks?
‘Is he planning to defeat the Japanese stock market?!’
Those from the stock exchanges and brokerages have worked in the finance industry for many years, so they knew how dangerous Japan’s stock market was. They knew that Japan’s stock market was tied to the entire country’s economy. They also knew that if the market collapsed, the entire country’s economy might collapse!
Therefore, they wanted to stop Su Yang from lending more shares.
But…
They were already too late!
Su Yang had already borrowed too many shares from the major trading firms and brokers!
These people had no choice but to contact Su Yang urgently to stop his actions. However, Su Yang rejected their negotiations with the excuse that everything was normal business.
The exchange immediately reported this matter to the government, wanting to restrict Su Yang’s stock exchange. However, Su Yang’s actions were normal. If the government restricted the transaction, it might shake the foundation of Japan’s free market.
And, for some unspeakable reason, the cabinet hesitated for a long time before deciding.
But at this critical moment, how could he hesitate?!
After all, Su Yang did not hesitate when they were hesitating!
Su Yang did not give the Japanese any time to remedy the situation. The next day, on the 7th of May, he returned to China and held a press conference in Shanghai. He announced that after a few months of research, Jiadian Group had decided to leave Japan.
During the press conference, Su Yang, who was dressed in a suit and leather shoes, said that Jiadian Group felt that the few companies that were interested in collaborating with Japan had failed to satisfy Jiadian Group in terms and methods of cooperation.
Hence, Jiadian Group’s first attempt to venture overseas had failed, hence they had decided to officially withdraw from the Japanese market.
This sudden attack stunned the five companies that were working with Su Yang.
‘What’s happened?
‘Why have they suddenly stopped their collaboration with us?
‘Didn’t we have a good discussion previously?
‘What’s the problem? We can continue negotiating!
‘What’s going on, why’s he breaching our contrat?!
‘Hang on, wait a minute…
‘We haven’t even signed a contract yet! So it doesn’t seem like they’re breaking any agreements…’
At that moment, the five companies suddenly realized that Su Yang had repeatedly refused to sign the contract over the past few months of negotiations. ‘He refused to sign the contract so that he wouldn’t break the contract?!’
After all, once there was an agreement and there was a dispute, they would definitely have to go to the court for judgment. In his own territory, the court would definitely be more inclined to his side.
But now… Since there were no contracts signed, there was no breach of contract, nor was there a chance to bring the matter to court!
Hence, they all realized that Su Yang had prepared for all this long ago!
The presidents of these companies started to doubt themselves. ‘Why were we so stupid back then? Why did we listen to everything he said? Why did we not sign the contract just because he didn’t agree to sign it?
‘Why were we so naive?’
Actually, how would they have known that there was an ability in the world called… [Advanced Verbal Cannon]…
Every time he wanted to negotiate with them, Su Yang would especially activate this ability. Otherwise, he would not have been able to fool them in the first place.
However, it was also because of this that Su Yang did not have an easy time during this period of time. Things like 360 degrees backflips, breaking a boulder above his chest, or jumping into the swimming pool while carrying a bag of ice cubes, and all sorts of weird things (the price to activate Advanced Verbal Cannon was to complete a weird mission).
Of the five companies, the most shocked and confused one was the president of Nindentou.
This was because the other four companies had only lost some time, but the president of Nindentou had put over a billion yen in cash on the supply chain. The parts that had been ordered had all been reviewed by the Jiadian Group!
Thinking up to this point, the president of Nindentou suddenly had a bad feeling. He quickly made a call to his confidant and got him to bring the blueprint to the president’s office.
In the office, the two of them studied the blueprints carefully. They realized that these parts had all been modified to fit the graphene battery and the transparent screen, and they were very weird.
Now that graphene batteries and transparent screens could not be used, these parts could not be used at all!
What was worse was that after careful research, they realized that even the console’s main PCB had been modified by Jiadian Group. Furthermore, due to its unique shape, they could not fit any other screens on it.
In other words… even the main PCB, the most expensive part in the console, had to be scrapped!
At that moment, the president of Nindentou and his confidant’s faces turned pale. They had thought of the worst possible scenario.
The president of Nindentou sat on the chair with a pale face. His eyes were empty as he muttered, “Why was I so crazy? Why did I actually go ahead to order five million sets of parts first?!
“All these parts are not going to be scrapped!
“We’re in big trouble!”
The confidant was also panicking and didn’t know what to do.
It had to be said that to be able to become the leader of a large company, the president of Nindentou had some ability. After panicking, he quickly adjusted his mentality, and his expression changed from panic to determination.
He slammed the table and stood up. Then he said, “I will take full responsibility for this matter! We will immediately implement the remedy!
“Contact the various departments and get them to contact the parts supplier immediately. Ask them to cancel the order. We will pay for the parts that have been manufactured. Those that have not been manufactured will be rejected.
“I’ll go to the stock exchange and the bank later to apply for mortgage shares and a directional increase. Now that the stock market is on fire, it’s not a problem to get some money!
“With this money, we still have a chance of survival!”
His confidant was influenced by him and hurriedly replied, “Yes, Sir!” He bowed and left the room.
Just as the president of Nindentou was off to grab this last thread of hope, Su Yang’s final step arrived.
On the afternoon of May 7th, after the press conference, Jiadian Group started to sell their shares on a large scale.
Because the purpose that time was to suppress the stock price, Jiadian Group did not hide anything and did not care about the price. They directly started to override the single-busting market and threw all the stocks they borrowed.
Tens of millions of yen worth of stocks. The entire stock market in Japan only had a market value of 4 trillion yen. That was more than 1% of the entire stock market.
It was hard to imagine what kind of effect it would have once it started to weigh down the game!
There had never been such a thing in human history.
And on that day, everyone witnessed it.
The Japanese stock market crashed!
Furthermore, the collapse was very severe. The entire Japan’s index was like an old man who had been knocked down by someone with a “Peng”, suffering a tremendous fall!
In fact, it was an extremely drastic fall!
Because the Japanese stock market… Does not have a limit on the rise and fall.
The entire Japan’s index dropped by more than 5%.
At that moment, panic started to spread.
All the Japanese who placed their money in stocks panicked.
They did not know what had happened, but they knew that the stock market had collapsed! Every single stock had a huge downturn! There was no way for it to rise, but it kept falling.
The entire stock market was going down, down to an endless pit!
Initially, they had made a lot of profit, but now, a lot of it has been cut off.
The Japanese investors were panicking now.
One had to know that the stock market had been falling for four to five days. The experts had said that it was just an adjustment, but looking at the momentum at that moment, it seemed like it was going to collapse?!
‘All my savings are in there!
‘If I lose it, it’s all over for me!
Panic caused the Japanese to lose their rationality. They did not know what to do, and they only knew how to stop the damage as soon as possible. Hence, they started to throw them as well! It was all for the sake of escaping!
Thus, under the influence of everyone, the entire Japanese stock market collapsed!
In fact, because Su Yang had acted too quickly, the public was thrown into a panic. Even some corporations and international capital did not manage to escape in time.
Japan’s corporations had gone mad, the international capital had gone mad, and so had Japan. This massive amount of funds wasn’t something that could be saved!
‘What should I do?’
Fortunately…
Although Japan’s stock market did not have a limit on the rise and fall, it had a melting mechanism.
So… God gave them one last chance.
As stock prices fell, more stocks triggered the meltdown mechanism.
All of a sudden, the stock market in Japan, which did not have any limit on its price or price, strangely stopped trading.
Because almost all the stocks had melted off…