Chapter 494 The Pact Under Siege



Both investors and retail investors sensed the crisis and panic!

After a moment of stunned silence, the shareholders clamored to place more orders and continue speculating.

We were just one step away from getting our hands on the fatty meat. At this point, we had to fight tooth and nail to preserve our gains.

But they forgot that policy interference is enormous and uncontrollable.

Retail investors were unaware of what was happening. But as time went on, major clients understood. Why was Nikon's stock showing signs of a reversal?

The market opened lower with a gap down because many institutions withdrew.

In particular, the wolves of Wall Street and international speculative capital are the most well-informed.

Unfortunately, it was the middle of the night, so they couldn't withdraw and had to place sell orders before the market opened.

This is equivalent to taking emergency precautions after receiving advance notice.

Then came a chain reaction: as more and more people learned about it, it caused even more panic.

The information asymmetry, coupled with the lack of financial experts to interpret the information, led to the withdrawal of Wall Street speculators and hot money. Where were the remaining retail investors supposed to find out?

In short, just follow the trend and sell!

A torrent of water poured down!

This is terrifying! They're all placing empty orders to ship their goods!

With no buyers, the price continued to fall, dropping below the 10,000 yen mark within half an hour of opening.

Everyone was dumbfounded; they all seemed stunned.

The cooked duck flew away.

Aside from the price, the people in the office were all wondering how their amazing boss managed to do it, or if he had superpowers.

Since the price broke through the 10,000 mark, all of Xing Baohua's short positions have been profitable. Every 1,000 yuan drop translates to a profit of 100 million US dollars.

Moreover, as long as he feels it's a good fit, the buyer will be a brokerage firm like Mitsui Bank. There's no issue of not being able to sell it on the market and having to bite the bullet and buy it back first, paying out sufficient profits.

Of course, it's not that Mitsui Bank is losing this money, but rather that they're advancing the profits so that they can recoup their losses from shareholders after settling accounts with Xing Baohua.

They earn commissions from both ends. Regardless of who wins or loses, they make money.

Xing Baohua's phone rang, startling the stunned crowd.

An incredible, defying-the-fate battle was turned around just like that.

Miracles are also classics.

But who could have imagined the sacrifices Xing Baohua made behind the scenes?

When the office learned what Lao Bu had said, everyone in the office applauded Xing Baohua.

The boss is amazing. How did he get Old Bu to say something like that? If it's a coincidence, nobody would believe it.

They set up a ridiculous trap in advance to lure those people in, and just when they thought they were about to be ganged up on and wiped out, they miraculously rose from the ashes.

Without Lao Bu, Xing Baohua would be the biggest joke in history; now he's an incredible miracle.

Xing Baohua's phone kept ringing, and he calmly pressed the answer button.

Hearing the voice on the phone, he said in a serious tone, "Get them all out of here. I won't see any of them."

As a representative of Mitsui Bank, Mitsui Fujisaburo called Xing Baohua to request a meeting and implied during the call that many shareholders wanted to sell their shares to Xing Baohua at a price around 10,000.

Xing Baohua must be out of his mind to agree to that price. He thinks waiting a couple more days will get him several thousand yuan? You guys get all the good stuff, what's the point of him even working here?

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