After just one trading week, Superconducting Technology fell silent.
The reason is simple: they've sold all their shares and need to issue more.
At this moment, Superconducting Technology's stock is practically worthless, with very few shares actually in circulation.
But Hu Zeqing wasn't in a hurry; this was exactly the effect he wanted.
The more this is the case, the more valuable Superconducting Technologies' stock becomes.
But what also pained him was that someone took advantage of the situation and swindled him out of more than 40 million shares.
Although the money was in his hands, he had no idea what the other party wanted to do.
Sihai Hotel
Peter looked at the data Su Wu had given him in disbelief, completely dumbfounded.
In just one trading week, Su Wu managed to acquire one-third of the stocks on the market.
He dared not even think about what this meant.
However, one thing he was certain of was that retail investors currently held very few Superconducting Technology shares.
Looking at their side, the situation can only be described as utterly bleak.
Not counting the original shares they acquired, they only received a few million shares.
This is the result of countless people keeping their eyes red and constantly watching the market.
It took Peter a long time to finally come to his senses.
"Xiao Wu, how exactly did your company manage to do that?"
"Trade secrets".
"Okay, do you offer to steal it for me?"
"Our business capabilities are limited, so we have to charge fees."
"Okay, how much?"
"One share costs one yuan, or 5% of the trading volume."
"Well... I'll think about it."
When it came to serious matters, both of them spoke very concisely.
Su Wu then offered two solutions.
The first option is to charge based on the number of shares, while the second is to calculate based on the amount of money spent.
As for which one is better, that depends on what Peter thinks.
Anyway, Su Wu won't lose out; he'll definitely make a profit.
Peter seemed to be looking at the data in his hand.
Su Wu's quote may not seem like much, but it's actually quite expensive when you add it all up.
Taking the data he has as an example, 40 million shares would cost 40 million yuan.
But if we calculate based on price, 5% seems about right.
Su Wu's pricing strategy is quite sophisticated.
If the number of shares is less than 40 million, then it would be more cost-effective based on the price.
However, if it exceeds 40 million shares, then it is appropriate to calculate based on the number of shares.
Of course, this is calculated based on the current stock price of over 20 yuan.
This stumped Peter.
He pondered for a moment and said, "Based on our calculations, Hu Zeqing will release at least 60% of the shares, leaving him with only 15%. He'll be changing hands over approximately 300 million shares..."
"And you should also know that they've already started constantly reselling to drive up the stock price. Nobody can predict what the next share issuance will cost."
"So, what price range does your company think is appropriate for us to compete with?"
Peter looked at Su Wu very seriously, hoping to get a positive answer.
Su Wu had no idea about these things.
However, he also consulted some professionals abroad.
Their advice is that it's okay to do it for under 30 yuan, but the risk will increase if it exceeds 30 yuan.
Because you never know just how greedy your opponent really is.
Now when asked, he can only recite the answer verbatim, "30 yuan. If it exceeds that, there's no point in continuing to fight for it."
“Yes, that’s what we think too. We can’t give Hu Zeqing too much money, lest he run away after he’s had his fill. Let’s choose the first option then,” Peter Ma suggested.
He didn't think Su Wu could get much more, and felt that this might be a better deal.
Su Wu didn't mind and continued, "We can hand over 100 accounts to you to operate; you're better at suppressing prices."
“Okay, then we’ll hand over our accounts to you and take charge of the next round of ticket grabbing.” Peter nodded emphatically.
To gain mutual trust, someone always has to take the first risk.
Su Wu undoubtedly chose to take the risk himself.
Entrusting an account worth 2 billion to the other party is already an immense act of trust.
With his statement, things became much simpler.
They've reached an agreement, but it's a real hardship for Hu Zeqing.
Issuing new shares takes time, but the stock price still needs to rise.
However, at this moment, the vast majority of the stocks are in the hands of two parties, and if neither side makes a move, the market will stagnate.
In order to continuously increase the stock price, he can only buy and sell his own shares to drive up the stock price.
But he soon realized something was wrong: someone had started selling off superconducting technology at low prices.
"What the hell is going on? Who on earth is behind this?"
"You bunch of useless idiots haven't found anything yet?"
"Since someone is selling at a low price, then I'll buy it all. Do I need to tell you that?"
Hu Zeqing's roar echoed in the meeting room, and none of the responsible persons dared to utter a sound.
"Damn it, are you all mute? Speak!"
Enraged, Hu Zeqing looked around and pointed at someone at random.
The man smiled wryly and said, "Young Master Hu, it's obvious that they want to challenge us to a duel."
"A duel? Who the hell dares to fight me in a duel?"
"We've received information that it might be Ma Peter..."
Some news cannot be kept secret.
Peter and his team weren't exactly low-key people; the news had already spread.
Upon hearing this, Hu Zeqing's expression immediately darkened.
He knew that the Li family was targeting him.
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