Michinao Hiyama signed the document on the table and handed it to Vice Minister Junrokuro Sueoka.
It is the official document regarding the Ministry of Local Investment's reduction of its stake in Nippon Telephone and Telecommunications.
Because Nippon Telegraph and Telephone was established with government funding in its early days, even in the years since the beginning of telecommunications liberalization, local public funds in Osaka still played a dominant role.
However, times have changed. State-owned enterprises have long been proven to be not conducive to innovation and development. It is a general trend to go public and become public companies. Local investment departments can also take the opportunity to cash out and invest the funds in other places.
Almost at the same time.
Public Asset Investment Department of Postal Savings Corporation.
Due to the special nature of the commune, in this bubble era when everyone is rushing to consume, the status of a state-owned enterprise has made Postal Savings Bank more trusted by people, and it has long been the largest savings bank.
However, like other urban banks, in addition to regular commercial banking business, Postal Savings Bank also has its own investment business.
Its deposit characteristics are not suitable for investing in high-risk securities markets. For a state-owned monopoly institution like NTT, it is undoubtedly a steady-profit investment.
NTT's development also required borrowing money from banks. Over time, Postal Savings Bank of China held a large number of NTT's original shares.
But with NTT's listing, everything became out of control.
Stocks circulating in the secondary market are full of uncertainty, unlike government bonds which are backed by the government. In particular, NTT's market share is too large, with a share price of 1,028 per share and a total market value of as much as 10 trillion.
The huge market capitalization means that every one point increase requires hundreds of billions of funds.
The central bank is currently tightening its money supply, funds are scarce, and corporate employee public shares will also be listed and circulated at the same time.
A large number of chips are concentrated in the hands of corporate employees. With such dispersion, no institution would like a listed company like NTT.
Therefore, it becomes impossible to push up NTT's stock price and gain more profits.
What's more, the original shares held were only 30 yen in the early days, and now they are listed at a premium of 1028. The profit of more than 30 times is already very generous. At the same time.
Major city banks also made the same decision - selling the NTT shares they won.
Although this company is very profitable and has a monopoly on domestic telecommunications and telephone services, there are also many individual winners of the lottery, and there are also commune employee shares. With such loose chips, no one can support a company with a market value of ten trillion yuan before these chips are integrated.
Eight o'clock.
There are still 30 minutes until the stock market opens.
However, all major sales departments across Japan are already overcrowded with investors who are ready to buy new shares to make money.
Investors are talking about NTT news everywhere. As the country's largest monopoly telecommunications company, everyone knows that this company is a sure bet.
Therefore, investors who received the news were ready to buy shares as soon as possible so that they could take the opportunity to make a fortune.
"Mobile phones are very popular nowadays, and everyone has to pay thousands of yen for phone bills every month. With so many people in the country, the amount of money NTT can make every day is simply an astronomical figure."
"Hosoda-kun has also been following NTT. Judging from the financial reports, NTT's performance has been growing every year. Last quarter, it grew by 220% year-on-year, and it is expected to grow by at least 300% this year."
"Of course, I have been following NTT's news for a long time. In addition to telephone services, the popularization of computers has become a general trend. Who doesn't buy a computer to use in today's families? And using computers and connecting to the Internet has become unstoppable."
“So I think NTT will at least increase to 5,000 yen.”
"Only 5,000 yen? You underestimate NTT. Let me tell you a little secret. Don't tell anyone else. A friend told me that NTT has made a huge breakthrough in a new telecommunications project. This technology can bring benefits of at least hundreds of billions of dollars."
"But a project that brings in hundreds of billions of dollars? How did you know about this, Hirano-kun?"
"Have you forgotten that my brother works at NTT? He told me so himself."
“.”
"The market is now in a bullish pattern with three moving averages. Technically, it is a very obvious bullish trend. According to the wave theory, it will definitely break through the 50,000 point mark."
“.”
"The situation in the Soviet Union is getting worse and worse, and the economy has been severely affected. I heard that many companies there are short of orders. We can definitely seize more market share in front of our high-quality and low-cost Japanese manufacturing industry."
"The stock market will definitely rise sharply, and the government also wants us to buy Hawaii first, and then use the money to buy back the islands."
“.”
The revolution of the Internet has made information transmission faster, and the volatility of the financial market has become particularly drastic.
However, information transmission is limited by technical issues. The longer the physical distance from the computer room, the faster the transmission speed. Often this delay can range from a few seconds, tens of seconds or even several minutes.
In the financial market, where one second counts in billions, it is clear that the stronger the hardware and internet speed, the better.
However, as an insurance institution, it does not have the qualifications of a securities broker, and when it comes to large-scale transactions, it can only conduct operations in the exclusive trading room of the securities business department.
Nothing to do.
There is a need to establish a relationship with the senior executives of Sanhe Securities.
Nao Nagano went to the Sakata-cho sales department with Shinnosuke Seto.
There was a lot of chaotic discussion.
The not-so-big securities business department was particularly noisy.
Some talked about fundamentals, some talked about technology, some talked about politics, and some talked about industry development, and each of them spoke very well.
Nao Nagano stood at the door of the VIP lounge on the second floor, looking at the retail investors below and shaking his head with both laughter and tears.
It’s exactly the same as my past!
When talking about stocks, everyone can talk about the political economy, technical aspects, fundamentals, and capital of various countries, but they don't know why they can't make money when it comes to making money.
"Nagano-kun!"
A sweet voice called out from behind, and when I turned around, I saw a beautiful young face wearing the sales department uniform. The tight skirt and suit showed off her curves.
Irunouchi Ei, the exclusive account manager assigned to Nao Nagano by Sanwa Securities.
She is called a customer manager, but in fact she is just a pretty girl who runs errands and serves tea. As for whether you can get the hang of her, it depends on whether you can hook up with her.
Nagano Nao knew this very well. When he asked this girl to come over, the sales manager even gave him a lewd and suggestive smile.
To be honest.
It feels terrible to always be treated as a pervert.
Nagano Nao has always thought that he is a gentleman! But even if he is a gentleman, who can resist the bad guys among the people, trying every means to tempt him with all kinds of sugar-coated flesh bombs? It is really difficult to be a human being.
What’s worse is that if everyone in the crowd is a bad guy, even if you are a strong man, you will eventually become a bad guy.
Looking at Irunouchi Ei's beautiful peach blossom eyes, Nagano Nao secretly warned himself to try his best to maintain the bottom line.
Come to the company's exclusive trading room.
Seto Shinnosuke quickly stood up and greeted them.
Nagano Nao nodded, found a seat to sit down, and a cup of fragrant tea was handed to him.
Ring ring ring.
The opening bell rang.
The trading hall was quiet for a moment, but then there were shouts and ringing phones.
NTT, price 1028.
Many retail investors were excited and placed orders on their computers to buy shares as soon as possible.
At this time, Nagano Nao was drinking tea and said jokingly, "Ms. Iriyuki, please tell me to sell 20,000 shares."
"Ah! Can I?" Iruouchi Ying was obviously frightened. The price of 20,000 shares of NTT was a number that made her feel weak all over just thinking about it.
Nagano Nao said seriously, "Why, Miss Iriyuki doesn't know how to place an order?"
"Ah! No! I'll do it right away."
Irunouchi Ying agreed hurriedly, and immediately bent down and grabbed the computer mouse in front of Nagano Nao while standing.
Who knows.
As soon as the mouse moved to the cursor input position, the keyboard was pressed by the burden on her chest and a series of numbers appeared.
Too nervous!
Especially seeing a series of bastards appear on the account.
Ruroujiying's hand trembled and he actually clicked the sell button.
NTT, sell 123323 shares, price 1223!
The circulation of newly listed stocks is not particularly sufficient. In addition, the market has just opened, so the consequences of selling hundreds of thousands of shares at overprices can be imagined.
The rising stock trend is like a snake turning into a dragon and soaring into the sky.
Such a large amount of chips were suddenly sold, and the rising trend was so fast that it was like a snake being cut in the middle, breaking in half.
NTT, price 1223!
at the same time.
A small IRS office.
The employees' eyes were mostly on the computer, but they were all focused on the stock trends.
It’s just that the IRS is not a securities business department and the delay is too high. The stock price of the business department has fallen to 1223, while the stock price here is still showing 1600.
I have long believed that NTT will rise, but I have placed a buy order since the market opened, but I still can’t buy it. Nagano Yuki cursed angrily: “Damn it! Why can’t I buy it?”
The older sister at the side reminded him: "Nagano, you can place an order at an over-price, otherwise it will be difficult to buy new shares."
"Yeah, how could I forget!"
Yuki Nagano was so excited that she quickly placed an order for 1800. This trick was indeed effective, and the transaction was immediately completed as soon as the stock was submitted.
Price: 1600.
She had never bought new stocks before, let alone so many at one time. Looking at the feedback from the transaction, her face turned red and she clenched her fists to cheer herself up.
If it goes up to 2000, I can pay back my debts.
If it can go up to three thousand, I can make a fortune.
Ha ha!
I'm really going to get rich this time! With sweet dreams.
Nagano Yuki almost laughed out loud with joy.
Especially when he thought about the excessive demands made by Nagano Nao, he raised his fist with pride.
It’s a shameful request to make such a request without getting married!
This guy is getting more and more lewd! Fortunately, I can make money this time, otherwise he will be spoiled.
Hmm? What's going on? The screen seemed frozen, not responding at all.
Is the connection disconnected?
One second.
Two seconds.
Ten seconds The frozen picture suddenly started jumping again, so fast that it was hard to see clearly with the naked eye.
Gradually, the rapidly flashing images slowed down.
As she looked at the numbers on the screen that gradually became clearer, Yuki Nagano's pupils gradually dilated and the smile on her face gradually froze.
How could this happen? ! ! 1233 1208 With Osaka Asset Management's super-high-price selling order, it was like opening Pandora's box, and NTT's stock price plummeted like a waterfall at a faster rate than it had risen.
1139 1078 Ruonei Ying’s face turned pale, and he looked like he had lost his soul, staring blankly at the madly falling stock price.
She had no idea what had happened. She only knew that her chest pressed down on the keyboard and she clicked the sell button in panic, and that's when NTT's stock price became like this.
The stock price dropped from 1,629 to this level in just a few minutes, which means trillions of assets were wiped out because of her mistake.
That's a lot of money, even if you sell her you can't get it!
It was broad daylight, but I didn't know why I felt cold all over, all the way to my limbs. I didn't know when tears started to well up in my eyes and fell silently.
With a thud, Irunouchi Ying realized that he had pierced the sky and collapsed to the ground.
Nagano Nao was quick to help the man up.
"Miss Iru, are you okay?"
"I'm sorry! I'm so sorry, I didn't mean it! I really didn't mean it!"
"You don't have to apologize, Ms. Iriyuki. This has nothing to do with you."
“I’m so sorry!”
“.”
Having never been exposed to this level before, Irenouchi Ying was obviously frightened to the point of collapse.
He cried loudly, and apart from apologizing, his whole body was shaking like a lamb to be slaughtered.
Nagano Nao was at a loss whether to laugh or cry. Market value is not money. It just evaporated. Is there any need to be so scared?
It took a long time to coax the person into silence.
Irunouchi Ying stopped crying half-believingly, and when she was sure that she was not expected to take any responsibility, she cried even harder.
Nagano Nao couldn't help laughing.
He smiled, and Seto and his gang of LSPs also started laughing.
Irenouchi Eine couldn't hold back her laughter and quickly got up and ran to the bathroom.
But Seto Shinnosuke joked, "Speaking of which, we've seen many cases of erroneous orders, but we've never seen such a case of erroneous breasts. If those guys out there knew that their stocks were wiped out because of a beautiful woman's breasts, what would their reaction be?"
"Maybe he'll bite it off to vent his anger!"
"Ha ha."
(End of this chapter)