Xing Baohua then asked Richard how many shares he had purchased.

Can he buy back the shares at a premium?

Richard shook his head and said, "Actually, our department has long been optimistic about your two listed companies. I think continuing to hold shares would be more beneficial for the cooperation between the two companies. Of course, it would be even better if you could sell some shares to Standard Chartered Bank."

Xing Baohua smiled and said, "My shares are only sold on the secondary market. If you want to buy them, go to the market to buy them."

"Thank you for your suggestion. This visit is now concluded. Thank you for your hospitality." With that, Richard stood up to take his leave.

Xing Baohua didn't get up to see them off; these were all insignificant people, and they might not meet again next time.

After the Standard Chartered Bank staff left, Xing Baohua called a meeting for the finance department.

Two listed companies under the Huahong Group have applied to the Hong Kong Stock Exchange for a one-day trading suspension.

The reason given is to increase capital and expand shares, thereby changing the shareholder structure.

The confirmation of the trading suspension period has attracted attention, with many feeling that new shareholders have joined the two listed companies.

It must be a major shareholder; otherwise, they wouldn't have applied for a trading suspension to change the shareholder structure.

Now, all investors are bullish on both companies' stocks. This is all good news; get your cash ready and wait for the market to open so you can buy!

If you act too late, there won't be a single hair left.

Xing Baohua personally invested an additional 1 billion H coins. Other shareholders followed suit in small amounts, totaling less than 2.7 billion H coins.

Xing Baohua's shareholding increased, and he directly added the excess shares to his stock pool.

This time, he won't suppress it; he wants to gather the seven young masters of Hong Kong and foreign speculative capital to play around with.

Especially those big players, they have a lot of money. They took advantage of Xing Baohua's poor access to stock market information to ruin them.

Shareholders who were free could come over, and those who were not free could send a representative. In any case, they were all going to sell their shares, and everything was done according to the chairman's instructions.

This wave of money-making has probably given them enough pocket money for several years.

Two days later, after trading was suspended, both Huahong Bank and Huahong Telecom saw their stock prices gap up immediately upon opening.

Those with experience get excited when they see a gap up; barring any unforeseen circumstances, there will be multiple gaps, which could lead to a surge lasting two or three days.

What is a gap? It means that if you don't buy the stock at the set price, you set a higher price.

Only when there is trading volume at a high level will there be a clear positive candlestick pattern.

This also shows that investors are frantically trying to buy this stock, buying it like crazy.

The kind that's still unavailable.

Xing Baohua's strategy was to fish.

Now that he knows who his opponent is, he doesn't dare to suppress the stock price anymore.

He was afraid that no matter how many he released, people would take advantage of him.

So, we changed tactics, releasing small amounts of stock to gradually push the price up to its ceiling.

The amount released will be gradually controlled. The quantity released will be determined based on changes in the stock market.

Once it gets close to October, Xing Baohua will release large quantities of stock, as long as the big players dare to buy.

Xing Baohua dared to sell, unafraid of the other party raising their paddle.

The stock market has entered the board of directors, but it's just two holding companies; there's not much room for maneuver.

Large investment companies and speculative capital are all about making quick money; they won't follow companies to make money for a long time.

Xing Baohua wanted to trap their money and keep it there, waiting for the stock market crash.

Let's say the speculative investors bought shares at 100 yuan per share, and purchased 1 billion Hong Kong dollars worth of stock.

So, they have two ways to cash out: one is to sell them gradually on the stock market. However, the stock market is volatile. Selling a large number of shares at once will cause the stock price to fall.

They bought in at the ceiling price anyway, so they'll tolerate a smaller loss.

But if the difference is too large, they won't be able to explain it to their private equity clients!

Another way to cash out is to have Xing Baohua repurchase the shares at a premium.

If Xing Baohua does not agree to the premium, it will be unless they increase their capital and expand their shareholding, thereby increasing their own investment.

But that would be pointless; no investment bank or institution would do that anymore.

Xing Baohua had also calculated in his mind that he could cause the other party to lose more than half of their assets.

Plans are subject to change, and Xing Baohua was afraid that the plan might change, so he dared not be negligent and stayed at the company.

All right.

It's like squeezing toothpaste out of a tube.

Retail investors were ecstatic.

Those retail investors who couldn't buy stocks all started cursing.

Those who bought early on were happy to sell at such high prices. Orders were basically submitted and sold instantly.

The busiest people at the exchange are those in yellow and red vests.

Telephone operators wish they could be Nezha. Holding three phones in both hands under their necks, they don't even know who to talk to.

Led by Huahong, other stocks also began to surge.

It's just that its stock price didn't rise as dramatically as Huahong's two companies.

Financial newspapers even went so far as to analyze the two companies, Huahong and Huahong.

Especially the confrontation between the parent company and world-class speculative capital, Xing Baohua was able to get the news, and those financial media outlets, who deal with this every day, were even more well-informed.

List out the world's top speculative capital.

Further analysis of the financial strength of Xing Baohua's parent company.

This is an unprecedented battle, with bulls and speculative capital at play! And in this environment, there are quite a few bullish investors.

Don't be fooled by some people, including a certain CEO, who throw water on the water and say things like "global economic crisis."

Actually, the boss was referring to Xing Baohua.

This encourages people to make calm and rational purchases of financial products.

Look, now speculative capital is all coming to buy, what kind of economic crisis is this? They're just as good at playing the game as he is.

Is Huahong rich?

This is a question many people want to know the answer to.

Telecom companies are known for burning through cash, and the fact that they're raising funds to invest suggests that Xing Baohua didn't have much money to start the project at the time.

Including Huahong Bank, despite having so many businesses, their accounts are all open and transparent. Being listed on the stock exchange means they need to disclose their liabilities in a completely clear and transparent manner.

This chapter is not finished, please click the next page to continue reading!