Once the price intervals were set, Xing Baohua didn't need to give any further instructions; the traders knew exactly what to do.
Analysts and economists are pretty much useless now; they don't need to analyze technical or fundamental aspects anymore, they're just sitting around in the office doing nothing.
However, Xing Baohua didn't let them sit idle either!
Research Canon!
Less than half an hour after those words were spoken, Canon's stock, which was trading at 1,300 yuan per share, began to fall.
It has been holding steady around 1,000 yuan for a long time.
When Canon learned that the source of the information was a single sentence from Xing Baohua, they asked his economists to investigate Canon.
This scared away some investors, who quickly sold off their Canon shares.
The news came from Xing Baohua's side, which Xing Baohua already knew, so he wanted to make good use of it.
The Japanese had fully understood Xing Baohua's true purpose: to undermine Japan's optical system. He wasn't doing this for profit, but to destroy the core structure of both companies.
Some previously drafted laws were also released ahead of schedule in an attempt to win back some investors and restore their confidence in the two companies.
Officials acted swiftly, and their actions were also targeted for the sake of targeting.
The two companies were restricted from exporting related optical instruments, optical equipment, optical manufacturing equipment, etc.
I don't know how they compiled the list, but there are more than 100 prohibited items.
This greatly limited Xing Baohua's ability to remove Nikon devices, thus protecting Nikon.
Just let Xing Baohua be an investor and receive dividends.
If that were to happen, Xing Baohua would be completely trapped. Nikon would have to shift production and related profitable projects such as equipment and patents, and open a new factory.
If Xing Baohua's investment in Nikon becomes an empty shell, where will its value lie?
The more money he invested, the greater the loss would be, and the money he invested was used to build a new Nikon factory.
Forget about fund supervision and stuff; there are plenty of accountants who know how to do bookkeeping. They can easily transfer money out of the country with some excuse and purpose.
For example, screws on equipment, costing $80,000 each, how about a million screws to start?
Expensive? It's made of precious metals, of course it's expensive!
Ultimately, the produced optical equipment was too expensive and no one wanted it, resulting in a stockpile of unsold stock. They were openly telling investors, "I'm just trying to rip you off."
What can you do about it?
Xing Baohua also read the official regulations.
Jin Xin came to Xing Baohua again to ask how to handle the situation.
Make a quick buck and run, but staying to participate in the business will obviously put you under strict control.
"Why go through all that trouble? What I want is controlling stake, the position of major shareholder," Xing Baohua said.
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