Chapter 682

In the absence of any other reasonable explanation, Japan's financial media had to regard the muddy water report as the only legal explanation. However, this report seems to be a bit of a fuss to most investors. A Swiss ski resort is nothing about how many properties and projects Xiwu group has in Japan and around the world. After all, Xiwu group probably didn't do it on purpose. It just accidentally put on its ski resort.

However, in the end, the Tokyo Stock Exchange warned Xiwu group that it was due to the negligence of financial staff that it mistakenly counted a ski resort in Austria as a Swiss resort. And corrected his financial report in time. Not long after this statement was issued, early the next morning, investors who lost money yesterday prayed that Xiwu's shares would rebound immediately today. Let them recover yesterday's loss.

In the expectation of all investors, from the beginning of call auction, Xiwu's stocks and bonds were firmly sealed on the daily limit board. Many investors who wanted to pick up a bargain yesterday directly lost 10% of their principal. What's more, they can't run even if they want to run under the limit, because everyone is waiting for others to take over their shares.

The double killing of stocks and bonds of the Xiwu department is once again staged on the Tokyo Stock Exchange, which is definitely a major blow to investors. If the first day's double killing of stocks and debts was caused by the omission of Xiwu group's financial report, what is the purpose of the second double killing of stocks and debts?

Two consecutive days of decline made Xiwu group feel helpless. During this period, they did not encounter any operational difficulties, but the group's stocks and bonds have lost 20% of their market value. In just two days, his wealth has shrunk by more than 25 billion dollars. But he didn't even know why.

When the market closed at noon, the investors of Xiwu group received the latest news about Xiwu group. Di Yiming announced that he would spend 100 billion yen to increase his holdings of Xiwu group because he was optimistic about the future development of Xiwu group. The news soon brought confidence to the market. As soon as the market opened in the afternoon, the stocks of Xiwu began to counter attack in the whole county, and soon returned to the price at yesterday's closing. Many investors saw the strong rebound of Xiwu and did not hesitate to follow in. Just when the bulls of the Xiwu Department wanted to take advantage of the victory, the invisible devil in the market made another move. In just five minutes, the counterattack of the Xiwu department was severely suppressed again. Both the stock market and the foreign exchange market were sealed on the daily limit. I see that the huge and shocking seal on the stock market is as high as 1.5 trillion yen, that is to say, unless someone can spend 10 billion dollars to eat this seal. This kind of financial resources makes people feel extremely desperate. Who is so bad about Xiwu group that they have to kill him?

All investors urgently need an explanation, an explanation that they can accept. However, apart from yesterday's news about the Swiss ski resort, there was no bad news about Xiwu group. This makes investors wonder why they are losing money.

Now the entire Japanese financial sector can not make a legal explanation for the sniping of the share price of the Xiwu group. Hunshui research company, which is far away in Switzerland, has sent the latest research report to Yomiuri Shimbun. This report is based on the public information of Xiwu group. In this report, Hunshui company points out that the overall debt ratio of Xiwu group has exceeded all its own assets. To put it bluntly, it is insolvent. This is not a new discovery. As early as a few years ago, similar reports were published by local research institutions in Japan. However, commercial real estate developers are a highly indebted industry. Real estate development involves construction, design, building materials and other related industries. Developers usually borrow money from the bank to buy land, and then mortgage the land to the bank to obtain more capital, and then buy the land. The whole process is like a snowball. In the construction of real estate projects, construction contractors, building materials suppliers, and even architectural design firms have to advance funds for the projects they undertake. Because of this, although Japan's real estate industry is in full swing now, the construction contractors, design companies, building materials suppliers and other related service agencies who are really responsible for the construction have not made the most profits. Most of the money went into the hands of real estate developers. It can be said that using other people's money to make money is an open secret of the real estate developers industry, so the debt ratio of developers is generally more than 70%.

Taking the position of Xiwu group in Japan, if they develop a project, its cost will only be lower. Banks will give it the most preferential credit because of the scale of Xiwu group. Even without collateral, a business card of diyiming can lend hundreds of millions of yen from Japanese banking institutions. And those construction contractors and building materials suppliers are lining up to cooperate with Xiwu group. As Xiwu group, they will naturally choose those companies that can provide more advance funds for the project. For this reason, although the projects of Xiwu group are all over Japan, they don't use much of their own funds in Japan at all. Because of the appreciation of yen, these funds are all invested in overseas projects in dollars by Xiwu group.

Although the truth is this, no one will care about the debt problem of Xiwu group when the Japanese real estate industry continues to rise and there is no turning point. Because everyone believes that land prices in Japan will continue to rise.

Xie liaosha knows that he can't directly confront the huge foreign exchange reserves of the Japanese government, but he is more than enough to deal with the largest real estate developer in Japan, Xiwu group. It's all part of seryosa's plan. Including Lebedev's muddy water company, its moral is to fish in troubled water. Xie liaosha is to defeat the myth that the Xiwu group is invincible, so as to trigger the debt crisis in the whole Japanese financial market.

Two consecutive days of double killing of stocks and debts have made Di Yiming understand that someone is playing tricks behind him. Now he is afraid to suspend trading, because once the trading is suspended, investors think that something is wrong with Xiwu group. Now, the only way for him is to face up to the challenge of his rivals in the stock and bond markets of the Tokyo Stock Exchange, and use his strong financial resources to pull up the share price of the Xiwu group.

Dike Yiming has pledged 10% of his shares to the bank to raise more funds to buy back his own shares. The money is close to 10 billion US dollars, that is, 1.5 trillion US dollars. This time, dike Yiming has to face up to his rivals.