Rebirth in Hong Kong: Rising from Acquiring the Audi Factory

Protagonist: Bao Junyi

【Industrial】 【Business Warfare & Schemes】 【Stock Market & Finance】 【Military Industry】

Bao Junyi arrives in 1972.

Bao Junyi transmig...

Chapter 67: Miracle Develops Home Game Console

However, I never expected that the stock price would exceed my expectations and it is still so low. If I buy it now, the fund return data at the end of the year will definitely be high, and the dividends will not be small.

However, they also thought of the three major financial groups standing in front of everyone, and no one dared to rush forward openly.

Before anyone could react, Bao Junyi continued, "In response to the popularity of arcade games and considering the many inconveniences of arcades, Miracle Games has begun developing a home game console, which is now in the testing phase."

A year ago, Bao Junyi sent people to the Sakura Country to poach Miyamoto Mao from Nintendo with a high salary, and also gave him a villa in Hong Kong and brought his entire family to Hong Kong.

Finally, moved by their sincerity, they came to the Miracle R&D Center, formed a home game console project team, and converted the games previously played on arcade machines into games that could be played on home game consoles.

Bao Junyi also pointed out some of Nintendo's shortcomings in the future, striving to develop a perfect product.

The head of Nintendo of America in the audience was also surprised to hear that Bao Junyi had already developed a home game console.

He murmured inwardly, "We must quickly get this news back to Sakura Country. We can't let Miracle Games surpass us again, or else Nintendo won't even have a chance to make a living."

The same idea also applies to arcades or companies that are developing home game consoles.

However, the reporters in the audience became excited and shouted while holding up their microphones.

Bao Junyi asked the American ABC reporter. After all, this was their home turf. If he didn't let them, they might make things difficult for you. At this critical juncture, Miracle Games would be in big trouble.

The blonde ABC reporter asked, "Mr. Bao, why are you suddenly distributing dividends now? Are you declaring war on someone?"

"Beautiful reporter, the dividends are distributed because the company has made sufficient profits this year and we want to share them with shareholders. At the same time, this is not a declaration of war against anyone."

"I just think the current Miracle Games stock price is too low. I want to buy back some, and I might sell it off when it gets higher in the future."

At this time, a male NHK reporter from the Sakura Country asked, "Excuse me, Mr. Bao, the Miracle Home Game Console is currently in the testing phase. How long will it take for it to be released to the market?"

Bao Junyi looked at the reporter from Sakura Country with a smile, and after a while he said, "The specific time will be known only by the technical department. As for the approximate time, it should be around one year."

"It's understood that Nintendo in our country is also developing a home game console, which is expected to be released on the market in about six months. Are you worried, Mr. Bao?"

"Haha, I'm very confident in the equipment developed by Miracle Games. We don't take Nintendo seriously."

Some of Bao Junyi's answers sparked heated discussions among the audience.

Then the BBC and CBS of the Eagle Country, TASS of the Bear Country, and Infinity of Hong Kong successively answered.

......

After the press conference, Bao Junyi went to the Miracle Games branch.

Sitting in the office, looking at the stock price chart on the desktop computer screen.

However, at the morning press conference, the impact was far from over, and it was learned that Marvel Games had developed a new home game console, which was already in the testing and debugging stage.

In addition, some international hot money and institutions were also attracted and joined the game.

When the U.S. stock market opened, Miracle Games' stock price opened 25% higher, and the stock price surged straight up.

However, it soon encountered a large amount of selling orders, and the stock price continued to fall. It fell below the dividing line in a few minutes. The originally green color soon turned red and continued to fall.

Located in the trading room of the Morgan Building on Wall Street.

The trading team of more than a dozen people, under the command of the manager, kept issuing instructions, tapping on the keyboard, and continuously issuing selling orders.

Chief Lauren said, "This press conference had a huge impact. A full $200 million was spent this morning. Fortunately, we had enough ammunition to suppress them."

"Yeah, luckily we anticipated it."

Morgan's butler George said, "Don't be too happy. If we don't use all our strength to suppress the stock price today, and the other party discovers that we are not strong enough, we will be finished."

"A lot of international hot money and investment, and institutions will come in and take a bite."

"Then we will be pushed down by the crowd."

After hearing this, the two clan leaders broke out in sweat and said, "We all listen to you. What should we do now?"

"We must now do our utmost to dampen market enthusiasm, show those on the sidelines our strength, and strive to draw them into our short-selling camp."

"Great! This way we can form a force, and a drop in the stock price will become inevitable."

Several people here are discussing this, and major funds, institutions, financial management, international hot money and international investment institutions outside are all paying attention.

Some people couldn't hold back any longer and started to line up.

Originally, shareholders in the US stock exchange had taken out funds to buy Miracle Games stocks.

However, a sudden large number of sell orders caused the stock price to plummet, and investors stopped their actions and even sold all the stocks they had previously bought.

Bao Junyi sat in his office, dialed a number and said, "Within half a day, double the leverage and send it all out."

"Then he hung up the phone."

Ten minutes later.

When Miracle Games' stock price fell to US$32 per share, there were suddenly continuous large buy orders placed, and the stock price also rose wildly at this time.

From $32 per share, 36, 38, 40, 42, 45, 48, 51, 55, 58, 64...

In just five minutes, the stock price doubled, buy orders were placed continuously, and the price broke through one high after another.

Interior of a wealthy mansion in Morgan Building.

The command trading manager ran in and said, "Mr. George, this is bad. Miracle Games has suddenly received a large influx of large buy orders, and the stock price has continued to rise. In less than five minutes, it has risen to over $60 per share."

"What? What's going on?"

"Just now, when our stock price was about to break through $30 per share, a large number of buy orders suddenly poured in. Moreover, the other party was not considering the cost or the price, and directly placed large buy orders, pushing the stock price up continuously."

"Furthermore, in just five minutes, the transaction volume has exceeded 200 million US dollars, and this transaction amount is still increasing."

Morgan's butler George said grimly, "We must keep up. Otherwise, if the onlookers join the long crowd, we'll be finished."

“How much money do we have in our account now?”

The trading manager said, "We only have $1.1 billion left in our account. At this rate, it will be gone within the hour."

Butler George said to the two clan leaders beside him, "You two, we must raise money again this time. Besides, we all underestimated Bao Junyi. He must have a backup plan that he has been hiding."

"We must prepare sufficient funds to cope with this, otherwise all our previous investments will be wasted."

The two thought for a while, turned around and left to raise funds.

However, the butler George also left and returned to Morgan Manor to report the current situation to the Morgan patriarch.

......