I have money, but not much.
Many people have figured out why Xing Baohua wanted to increase capital and expand shares.
This was to bring in funds from elsewhere to fill the gap and bolster our courage.
Suddenly, a message from Japan disrupted the plans of many shareholders who were optimistic about Huahong's two listed companies.
R-Hina's subsidiary purchased shares in Toyota, which were then repurchased by Toyota at a 30% premium.
The total value is US$18.7 billion.
What does this mean?
Xing Baohua is incredibly wealthy, surpassing Li Ka-shing by over 10 billion yuan to become Asia's richest man.
Although both Hainan and Huahong are Xing Baohua's companies, they still need to be separated.
Then some people are worried about those speculative investors: do you all have enough money to fight against Xing Baohua?
Didn't anyone realize that Xing Baohua was using his own money to invest in the two companies and increase his shareholding?
Retail investors sometimes invest blindly. They ignore data reports and just assume that the boss has money and won't let his business fail.
Just buy it.
Unfortunately, they couldn't buy them, and some of those who sold their shares regretted it.
After such a shock, most retail investors have been shaken out, but there are still some who are stubbornly holding on and refusing to budge.
Xing Baohua's side had people place orders, and they were immediately overcharged.
Those who pay at the highest price are always stuck in a long queue.
It's so tempting to look at; that's all money!
Perhaps some gamblers, unable to buy stocks, decided to manipulate the market themselves, betting on whether Xing Baohua or the speculative capital would prevail.
As a result, even more people started betting against Xing Baohua.
No matter the odds, just bet on Xing Baohua to win.
With nearly 20 billion in cash assets and being Asia's richest man, he can outmaneuver anyone.
Some people have started to compile a list of Xing Baohua's investments, wanting to see just how many billions of yuan his assets actually amount to.
Huahong and Haina are the publicly known companies.
And then there's that rice technology company that rakes in profits every day. That stuff also generates cash flow!
Well, it's impossible to estimate or calculate precisely, but Xing Baohua has several other companies that he hasn't publicly disclosed.
I just don't know if the software park is profitable or losing money.
Nobody said anything.
Xing Baohua kept a close eye on the stock market's changes. He knew that constantly pushing the price up to such a high level wasn't a solution, but he was also powerless to suppress the stock price.
After calculating the number of buy orders at the high prices, he realized he would need to increase his share capital to sell enough shares.
But the timing was wrong.
If you sell too early, those institutional investors and investment banks will hold onto their shares and continue to drive up the price until it reaches their target selling price.
This easily leads to retail investors footing the bill.
Retail investors have bought at the ceiling again, and speculative funds have taken profits.
Who's the unlucky one?
Isn't it the vast majority of stock market investors? This is not what Xing Baohua wants to see.
Xing Baohua deliberately leaked the deal with Toyota to test the reactions of institutional investors and speculative funds.
I didn't see any reaction, but the stock price is still rising.
Who are the main players? Where are they positioned?
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