The two listed companies set a shipment volume that is twice that of speculative investors.
This results in a large accumulation of sell orders at the bottom.
If someone buys in large quantities, it means that speculative investors are trying to sell off the shares held by Xing Baohua and his associates.
If no one sells, the stock value will continue to fall.
A peculiar phenomenon has emerged in the Hong Kong stock market: all stocks are showing a green light except for Huahong Bank and Huahong Telecom, which are both showing a red light.
A decline or a crash?
Nobody knows for sure.
This triggered retail investors who were stubbornly holding onto their stocks to start selling them.
Although this small volume may not cause a significant drop, it can trigger panic among many people.
No one from Huahong Group came out to say anything or try to stabilize the situation.
The more the stock price falls, the less valuable the shares held by Huahong Group become!
Aren't they worried?
Stock market investors who don't understand are getting anxious!
The experts who usually rush out to analyze the market at the slightest sign of trouble don't even bother to say a word.
Fortunately, a financial media outlet shared some information.
But it amused many stock market investors.
A financial expert, eager to sell 2,000 lots of shares of Huahong Group, personally called for orders in the trading hall.
The chief financial advisor of a wealth management company is eager to sell 1,500 lots of Huahong shares and is calling for orders in the trading hall.
certain……
No picture, no truth.
The media published the photos with their images blurred out, and each photo was accompanied by the expert's name.
Retail investors are also finding joy amidst their misery.
The reason why experts don't say anything is because, like retail investors, their stocks are trapped.
Who would have thought that Huahong's stock, which was rising rapidly and soaring, would plummet so dramatically?
That's it?
Hong Kong stocks do not have daily price limits (up or down).
Just watch as the stock price keeps falling.
The Stock Exchange is holding another meeting, mainly to communicate with Xing Baohua. If the market continues to plummet like this, it will not only hurt the capital but also the investors' hearts!
Xing Baohua's secretary, Luo Fengjuan, is also busy now.
She not only serves as the secretary to the president of Haina, but also as the secretary to the chairman of Huahong Group.
Of course, she now has quite a few assistants, leading three secretaries.
Busy answering phone calls and taking notes of guests who want to visit Xing Baohua.
We also need to schedule Xing Baohua's work schedule, etc.
Knock on the door and enter Xing Baohua's office to show him the application.
"Boss, these are the guests who called starting around noon to request a visit. If you agree, I'll get back to them and arrange a time," the secretary reported.
"Who are these people?!" Xing Baohua said, looking at the list.
He frowned slightly.
People who visit him will state their company name and level.
The list was full of companies that Xing Baohua had never heard of and had no recollection of.
"I've done a preliminary investigation, and most of these companies are part of a speculative investment group. Eleven of them have expressed interest in discussing a buyback of Huahong shares with you," the secretary continued.
"Heh, if you can't beat them, you talk to them? If they had even a bit of the ruthlessness Toyota has, I'd really like to meet them," Xing Baohua said with a disdainful laugh.
Then Xing Baohua looked up at the secretary standing there and said, "I won't see them. Make up any excuse you want. I'll make them all leave with their tails between their legs and looking utterly humiliated."
The words had barely left his mouth when the head of the finance department barged in without knocking, saying, "Boss, the market has rebounded. I checked, and Quantum Fund closed a large number of positions."
Xing Baohua, who had been sitting leisurely, was startled.
Hey! It's not too much to ask for some votes, is it?
Anyone with tickets, could you give me some?
Thanks
Continue read on readnovelmtl.com
