When Toyota releases the shares held by Xing Baohua, the stock price will definitely fall.
Needless to say, the institutional and retail investors holding Toyota stock knew that this was a once-in-a-lifetime opportunity.
In the stock market, Toyota's stock price soared, and no matter how many buy orders were placed at the top, they were all absorbed in no time.
Every time the price is raised, the food is gone in an instant.
The trading volume surged, which was very exciting to watch. Especially the retail investors who sold their stocks, who cheered.
Xing Baohua's funds seemed to be endless, and he invested them relentlessly.
Eiji Toyoda stayed in his office and didn't go anywhere. Xing Baohua's actions quickly attracted the attention of Toyota headquarters, and the senior executives held an emergency meeting, asking Eiji Toyoda, the head of the company, to take charge.
He had received a call from Watanabe Yoshikazu two days prior, informing him that the Yamaguchi-gumi was withdrawing the bounty list and that he had already completed the corresponding task.
Xing Baohua has already learned that it was the Yamaguchi-gumi who did it, and he will have to face their retaliation.
Judging from Xing Baohua's actions, it's clear that Toyota was behind it all, otherwise they wouldn't have launched a surprise attack in the afternoon.
Retribution came swiftly, and Eiji Toyoda was prepared for that day to arrive.
Is the moment of the true decisive battle about to arrive?
Eiji Toyoda is now just waiting for the market to close, wanting to see exactly how many shares Xing Baohua has absorbed.
Mitsui Fujisaburo, who was still in Hong Kong, also received a call from headquarters, instructing him to keep his phone accessible and to contact Xing Baohua at any time.
Mitsui Fujisaburo gave a wry smile. He knew the two companies were irreconcilable enemies, and Xing Baohua's side had a very good chance of winning! Could Toyota turn the tide?
After the trading halt, Xing Baohua already held more than 5.3% of the shares.
This 0.4% alone cost Xing Baohua 170 million US dollars.
Large transactions are favored by banks and investment banks, especially those involving Xing Baohua. In theory, Mitsui Bank also earns a considerable amount, not only from currency exchange commissions but also from stock brokerage fees.
However, instead of standing with Xing Baohua, they told Xing Baohua's opponent all their tactics.
After the stock market closed, Eiji Toyoda received a few phone calls, and the results were already known.
So what should we do now?
Should they let Xing Baohua join Toyota or pay him to come back?
Family members are also rushing to headquarters, and important shareholders are also on their way.
They don't have much time left, and they need to come up with a plan.
As chairman of Toyota, Eiji Toyoda prepared his plans.
He has secretly raised $5.7 billion, a very difficult decision. If Toyota were to acquire Xing Baohua's shares at a premium, it would be struggling to survive for the next ten years, burdened with too much debt.
They may take turns becoming niche car manufacturers, or even go bankrupt.
This decision requires the approval of the entire Toyota family, and also necessitates coercion of other shareholders at the shareholders' meeting to achieve his goal of acquiring the company at a premium.
Unfortunately, Xing Baohua did not die.
He's still alive, and as long as he's alive, he'll seek revenge. Once he's allowed into Toyota, that will be the beginning of Toyota's nightmare.
Important figures kept coming to headquarters, and an emergency shareholders' meeting was scheduled for 8 p.m.
At this moment, Xing Baohua called Zhao Shanhai, who was vacationing in Europe.
Continue read on readnovelmtl.com
