Immediately, all the experts from the United States in the room started making phone calls, regardless of whether the other party was partying in the middle of the night or sleeping.

We must tell them this good news as soon as possible.

In just three days, a large amount of overseas funds entered the Japanese stock market.

If we're not going to do anything else, we'll just focus on Nikon. Xing Baohua instructed the traders to place short orders first thing every morning.

It hung there gleamingly, like a piece of fat meat hanging from a beam, with wolves and tigers below craning their necks, ready to devour it.

In just three days, Nikon's stock price rose at an alarming rate.

At first, Nikon shareholders were selling off some stock and making some money, but when they saw short orders placed at 10,000 yen, they didn't understand what it meant. After an expert explained it to them...

Who's still selling stocks?!

Wait!

If there's demand but no supply in the market, the stock price will surely skyrocket!

This is really strange. Investors have banded together, and a few are selling. But they are a minority, so it's not a big deal.

What's even stranger is that Nikon's stock price really skyrocketed, like a rocket was riding on its backside!

It was still over 7,000 in the morning, but it jumped to 8,500 in the afternoon.

I estimate it will break 10,000 in two days!

Everyone's waiting for Xing Baohua to go bankrupt.

To avoid a margin call, you need to increase your capital! Of course, it also depends on the price level. After all, it's a 1:1 short position; as long as the margin is sufficient, a margin call might be delayed.

But that would only make the buying market even more frenzied; it's estimated that the higher the price goes, the more Xing Baohua will follow suit. If it rises to 20,000 yen...

Xing Baohua will have to pay two billion US dollars in compensation.

So everyone is willing to take this risk. Everyone wants to share in the profits of these two billion US dollars.

Mitsui Bank issued a very serious risk warning to Xing Baohua.

This shows their humanity. Look, I warned you, and you still didn't listen. You'll regret it when you lose money; they wouldn't have warned you otherwise.

Actually, they are quite happy to share in this dividend. Nikon's shareholders are also speculating on it, hoping to use this opportunity to make it burn even brighter.

Everyone knows that the stocks he bought cost only a little over a thousand yen, or even a few hundred yen, so this is a hundredfold return.

No matter how high the price rises to, they'll sell as soon as Xing Baohua's account is liquidated. If they don't sell now, when will they?

When the stock closed at 9,300 yen per share the next day, everyone thought it would definitely rise to 10,000 the next day.

There's no way out; we'll just have to wait for the short contracts to hit the 10,000 mark and see how Xing Baohua ends up.

The next day, both stocks opened higher.

I was dumbfounded!

Xing Baohua didn't place any short orders today?

The empty orders that were usually listed every day have suddenly disappeared.

"Baka yarou!"

A chorus of curses erupted.

Words like "coward" and "scoundrel" started popping up.

Just as they were about to reach the 10,000 mark, Xing Baohua actually backed down.

That kid actually tricked us.

The experts who had been following the case were stunned, including the experts on Xing Baohua's side.

Is it really worth going through all that trouble to hype it up?

It has a similar feel to the story of the feudal lords being amused by the beacon fires.

Xing Baohua also had his own difficulties!

Too early won't work, too late won't work.

If he can get it up today, it's estimated that it will reach the 10,000 mark by this morning.

He wanted to hang it up at noon or in the afternoon so that he could have a stable overnight stay.

If it's hung up in the morning, it'll be the middle of the night in Da Meizi Guo! Should we wake Lao Bu up to talk?

Unless Old Bu has gone mad.

He needs to control the pace well!

Sure enough, Mitsui Bank called to inquire about Xing Baohua's short positions.

Xing Baohua said he would think about it some more and decide whether or not to short the market, since the price is about to reach 10,000.

He's under a lot of pressure and needs some time.

So, Xing Baohua is still somewhat sane. Let's give him some time; it'll help cool down the market and allow everyone to calm down.

When will anyone be able to calm down?

They started cursing all sorts of idiots and cowards again.

Around 1 p.m., were there short positions again appearing in the market, hovering around the 10,000 mark?

crazy.

The stock price broke the 10,000 mark in less than an hour.

Everyone laughed happily.

Mitsui Bank and its partners have already popped champagne to celebrate.

Furthermore, agreements were reached with many Nikon shareholders to dump their shares.

Xing Baohua's short positions were all activated. The short order agreement was generated, and now for every 100 yen increase, Xing Baohua has to put in 100 yen multiplied by his number of shares as margin.

Until his funds could no longer support the rising prices.

Moreover, Mitsui Bank has a backup plan: if Xing Baohua's margin is insufficient, Mitsui Bank will find numerous reasons not to provide a guarantee for Xing Baohua.

Lacking funds, he could only seek funding from other banks. Mitsui Bank would then use cumbersome procedures to delay his arrival.

It's the kind of situation where you can't avoid getting liquidated.

All sorts of traps had been set for Xing Baohua, and they were just waiting for the plan to be implemented.

Now, Xing Baohua can only wait.

In the entire rented temporary office, everyone held their breath, staring at the display screen on the wall as numbers kept flashing.

Nikon's stock price continues its unstoppable upward trend.

By the close of trading, the price had reached over 21,000 yen. This resulted in a loss of over 1,000 yen, equivalent to a loss of approximately 15 US dollars per share for Xing Baohua. Combined with his short positions of over 10 million shares, he lost approximately 150 million yen in a single day.

This kind of gambling is terrifying.

Xing Baohua only has a $300 million deposit. He can hold on for another two days.

Two days later, we'll see what Mitsui Bank does; they'll be the ones facing pressure and offending Xing Baohua.

There's no way around it; the stakes are too high, and more importantly, it involves interpersonal relationships and social niceties.

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