If I don't sell all the goods, I'll have to pay my employees' wages out of my own pocket.
Another reason is that he also needs funds to support his companies. He needs to keep the market value of his two listed companies as low as possible, and he also needs a lot of cash to buy back shares.
The stock price was lower then, making it more suitable for a buyback.
Anyway, that's how the stock market works – buying and selling back and forth.
Xing Baohua instructed his secretary to refuse all interviews with company executives, shareholders, and himself. Even department heads warned employees that the company was still developing and should not be publicized.
If someone asks you about it when you go out, just say you have no comment.
If anyone dares to say anything out of turn, sorry, you can leave. People who want to come in are already queuing up all the way to Victoria Harbour.
What should have been a happy occasion was dampened by Xing Baohua's cold water.
Hua Hong's employees had no idea what their boss was thinking. If it were anyone else, they would have already publicized it in a high-profile manner, since spreading the word would also be a form of publicity for the company.
The next day, Xing Baohua didn't even go to the company, but stayed at home idly, fiddling with his phone and tablet.
The stock market is already heating up, mainly due to two stocks under Huahong Group.
Stock market investors rushed in, buying and buying.
A large number of trades were executed. It looked like the stock price was about to rise.
The traders at Huahong Financial Department quickly released their shares, pulling the price back up.
This process continued repeatedly.
Some experienced stock market investors figured out the trick and started short-term trading. By repeatedly trading, they finally made money from Hua Hong.
One person passes to two, two people pass to four...
This has attracted more and more people, resulting in a geometric increase in purchasing volume.
At this rate, Xing Baohua and the shareholders have not yet sold one-eighth of their shares.
Many powerful figures in Hong Kong have asked Xing Baohua to go out to dinner, attend dances, participate in auctions, etc.
Xing Baohua didn't go anywhere, not because he was being disrespectful, but because he wanted people to say he wasn't in Hong Kong anymore.
At this time, it was also known that some people wanted to acquire shares under Huahong Group.
But Xing Baohua couldn't bear it!
The people who can invite him out to play and broaden his horizons are all acquaintances. They take out large sums of money to buy the stocks in his possession. Normally, this guy would be overjoyed.
October is almost here.
Many people will see their assets shrink and their liabilities increase.
Xing Baohua's temporary absence was to allow them to replenish their cash reserves.
To better prepare for the upcoming financial crisis.
Xing Baohua will communicate with everyone in the company and follow the directly established shipping plan. He has something to do and needs to return to the inland.
Arriving at the airport, I saw my private jet.
Direct flight to the capital of Shandong Province.
The advantage of private jets is that they save time.
And they could just leave without hesitation.
Upon arrival at Ludong Airport, Xing Baohua's large red flag was waiting inside the airport.
Wei Laisong came to greet him personally.
The two hugged each other, and Wei Laisong patted Xing Baohua on the shoulder and said with a smile, "You finally decided to come back."
"What are you saying? It's like I'm reluctant to come back. Let me tell you, this is my home," Xing Baohua retorted bluntly.
"Okay, okay. Get in the car first." Wei Laisong personally opened the car door for Xing Baohua.
Xing Baohua quickly said, "No, I wouldn't dare."
Unable to dissuade the boss, I had no choice but to get in the car and sit down.
On the way out of the airport, Wei Laisong kept turning his head to look at the plane. At this moment, as if he had just realized something, he asked Xing Baohua, "Is this the plane you bought?"
"yes!"
"Why didn't you say so earlier? I could have gone up and taken a look!"
"There's a chance," Xing Baohua chuckled.
Wei Laisong turned his head and looked Xing Baohua up and down as if he were seeing him for the first time.
"What's wrong with you! How can you judge people like that?" Xing Baohua felt a chill run down her spine when she saw Wei Laisong's smiling face.
“I only found out this morning when I got a call from home. You’ve done something really good in Hong Kong recently!” Wei Laisong continued with a smile.
"It's nothing, just luck." Xing Baohua knew what the other person meant.
"Is this just luck? That's international speculative capital! The funds they pooled together are equivalent to several years' worth of our reserves. It takes real skill to repel them!" Wei Laisong said with envy.
"Stop with the flattery, I hear it every day, it's calloused. Just say what you need to say." Xing Baohua knew Wei Laisong's nature.
"Have you summarized your experience and insights from this operation to stop foreign speculative capital groups?" Wei Laisong asked.
"It's not over yet? Let's summarize! What exactly happened?" Xing Baohua asked Wei Laisong, turning slightly to the side.
“I got a call from home this morning about this. Some economists in China want to find an opportunity to learn from your experience,” Wei Laisong said.
"Come on, you know my own level perfectly well. You want to lecture economists? Do you think I'm cut out for that?" Xing Baohua said self-deprecatingly.
"Don't you know the answer in your heart? If you don't want to talk about it, fine, but don't make so many excuses," Wei Laisong said bluntly.
"No, I'm the one who directs those financial experts. It's not that I have that financial knowledge in my head; I just hire experts to oversee things."
"If you can't deliver on your promise, I can arrange for some time for domestic experts to come and learn from me. On-site teaching is more valuable than verbal instruction," Xing Baohua said.
"Sure!"
And so, Wei Laisong and Xing Baohua talked to each other, summarizing the various matters under their jurisdiction.
Upon arriving in central Shandong, Xing Baohua went straight home to visit his father and mother.
When no one was home, Xing Baohua had people leave all their belongings there.
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