This guy told the finance department to release 2%-3% of the daily volume first.
The purpose of the pressure is to keep speculative capital hanging.
Unless speculative investors sense the situation is unfavorable and want to exit, they will pull down the capped buy orders and start increasing trading volume.
They are not afraid of large trading volumes, after all, the total number of shares in circulation is less than 20%.
When they increase their trading volume, Xing Baohua's side will also increase its trading volume.
Moreover, the large-scale release of shares caused Huahong's stock price to plummet.
The price was driven down to below the average cost price for speculative investors.
This forced speculative investors to cut their losses and leave the market.
The finance department also has a large number of talented people who gather all sorts of information and are busy every day.
To prevent speculative investors from making a false move, they have also made various plans to guard against it.
The more speculative capital flows in, the more they follow suit. This is the most effective technique to prevent speculative capital from taking small profits and getting trapped.
One tactic is to mislead Huahong into increasing its trading volume. After guiding Huahong to increase its trading volume, they continue to increase their purchases, which means inducing Huahong to have a large volume surge, thereby continuing to drive up the price.
This kind of malicious targeting is far more provocative than Xing Baohua's actions against Toyota.
Toyota regrets signing the 30% buyback agreement in Nanzhao.
If we wait a few more days, wouldn't those speculative investors be using Xingtai as a pretext to rescue Fengtai?
I just signed an agreement on behalf of Toyota, and the money has all been transferred.
Is a big show really going to happen?
Xing Baohua has nearly 20 billion yuan in his hands!
Damn it, isn't this indirectly aiding the enemy in fighting against our own allies?
If you want to take down Xing Baohua, you should notify Toyota in advance so that they can cooperate and tie up Xing Baohua's nearly 20 billion US dollars. Then you will still have the ability to fight against you speculative investors.
I've been following Xing Baohua's rival closely, reading financial news every day, and I've noticed that both sides are locked in a stalemate.
Goodness, Xing Baohua can take on more than a dozen people at once without being at a disadvantage. It's heartbreaking to think about! Most of his strength comes from Toyota!
Forget it, let's keep a low profile. Don't remind speculative investors of the Toyota deal. If they can't handle Xing Baohua, surely they can handle Toyota?
To prevent Xing Baohua from joining the board of directors, Toyota not only offered nearly five years' worth of revenue but also incurred a huge debt.
Mitsui Tousaburo also came to the tense Hong Kong to request a meeting with Xing Baohua.
Although he knew Xing Baohua was busy and wouldn't see him soon, he had to wait patiently.
Unexpectedly, Xing Baohua met with him less than an hour after he applied.
First, I want to thank Xing Baohua for the 100 million yuan reward; I bowed so deeply my knees were almost touching his.
“Mr. Xing, on behalf of Mitsui Bank, I am informing you that Mitsui Bank is on your side. You can access 3 billion US dollars of funds from Mitsui Bank without collateral, or up to 10 billion US dollars if you have collateral.” Mitsui Fujisaburo came with a mission.
"Thank you for Mitsui Bank's support. I will apply for funds if needed. But what is the interest rate and timeframe for the 3 billion yen?" Xing Baohua asked politely.
In fact, this guy has enough money, but he's afraid that speculative investors will drag him down. So, to mislead them, he keeps some of his funds idle and uses them to suppress speculative investors.
But Mitsui Bank offered him a 3 billion yen unsecured loan, which was acceptable, since it was a good way to deal with the Japanese and use their money to damage their economy.
I wonder if the Japanese public will tear Mitsui Bank apart once they know the truth.
Because Xing Baohua is a major client of Mitsui Bank, he receives preferential treatment on interest rates.
Xing Baohua thought it was appropriate, so he applied for the 3 billion yuan loan. Actually, he hoped the loan would arrive by mid-September, but after thinking about it, he decided to do something misleading, even though the interest for a few more months would be considerable.
However, he still demanded that Mitsui Bank deposit the loan directly into his current account at Mitsui Bank.
This makes using funds much more convenient.
Mitsui Fujisaburo was overjoyed! He had thought that Xing Baohua, who had nearly 20 billion US dollars in his hands, wouldn't take out a loan, and that he would have to find a way to beg Xing Baohua for a loan.
Who would have thought that Xing Baohua would agree so readily?
Fearing that things might get complicated if I stayed any longer, I felt compelled to report to Mitsui Bank as soon as I left Xing Baohua's place.
Send someone over quickly to finish the rest of the work.
Besides Mitsui Bank, other banks that had established business relationships with Xing Baohua also came to persuade him to take out loans.
Xing Baohua's current unsecured loans are between 3 billion and 4 billion yuan.
Xing Baohua is not afraid of any unsecured loan; as long as the interest rate is reasonable, he will apply for a loan.
All of it was put into the account he opened.
In a short time, Xing Baohua's four banks pooled together nearly 13 billion US dollars.
Furthermore, Xing Baohua signed a confidentiality agreement with the bank, prohibiting them from disclosing information about his loan.
The Hong Kong stock market is stuck in a stalemate, with daily trading volume ranking at the bottom of the entire market.
Through the battle between Xing Baohua and speculative investors, the two listed companies under Huahong Group have grown significantly.
The stock price has already been driven up, and the price is now 130 H coins per share.
For the average person to buy, they would first weigh the risks.
Zhao Shanhai returned from Japan and signed the Toyota agreement on behalf of Xing Baohua, thus completing his mission.
With nothing much to do there, I called Xing Baohua to ask about the next steps in the work plan.
Xing Baohua directly ordered him to come to Hong Kong to stand by.
Although he's supposed to be on standby, he won't actually be idle.
Head to the Great Eagle Empire in Europe and establish a new company.
Xing Baohua wanted to use Standard Chartered Bank to strike at Big Eagle Bank.
Europe and the United States have already begun to form alliances and are working together; the first step is currency unification.
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