"You mean the emperor isn't worried, but the eunuch is? Look at you. I took leave to come here, firstly to learn from your experience, and secondly because our boss said you're pretty good, managing to squeeze out 2 billion from China Merchants Bank. Don't think it's too little, this is using reserves."
Xing Baohua clasped his hands together and said, "Please help me thank your boss. A hero needs three helpers, now I'm even more confident."
Why is Xing Baohua so emotional? Think about the 1997-1998 financial crisis, which was both made and destroyed by Sutton.
This is how much arrogance one must have to dare to take action, preparing to take over Hong Kong.
This is taking advantage of Hong Kong's recent takeover and its vulnerable defenses, launching a surprise attack! It's similar to Xing Baohua's situation this time, where they took advantage of Xing Baohua's inability to mobilize his funds to strike him.
Aren't they going to short-sell several of Huahong's companies?
I'll show you what Zhuangzi is all about.
The dealer can change the rules of the game!
Xing Baohua pointed to the TV in the room and said to Jin Xin, "Watch the financial channel for a while and listen to the experts' advice. It will give you some inspiration."
"Didn't you say they were all talking nonsense? And you want me to learn from them?"
"Sometimes what they say makes a lot of sense. You need to analyze it, just like watching the news at 7 pm every night. You need to figure it out. Once you can figure out a direction, you've become an expert."
"Tch." Jin Xin said, standing up and walking to the TV. He saw it was a rice brand. He immediately activated his pseudo-smartphone and turned on the TV with his voice.
The switching principle of this thing is based on voice control, but sometimes it doesn't work. Even if you shout until you're hoarse, it still won't obey. In the end, you still have to use a remote control.
Of course, the TV in Xing Baohua's office is quite sensitive to voice control; it turns on after a couple of shouts.
No need to change the channel, it's the wireless economy channel.
Sure enough, four or five experts gathered around a round table to discuss Huahong's economic fate.
With the help of several banks promoting the project, Xing Baohua already has tens of billions of yuan to support the market. In terms of capital, he still has an advantage.
On television, experts continued, saying that Xing Baohua would soon intervene to support the market. He wouldn't allow prices to fall further. If those large speculative funds continued to short-sell and suppress the stocks of Huahong and several other listed companies, it could trigger a battle between bulls and bears, which would be a test of courage for retail investors.
If you make money with Huahong, then don't wait. The battle between bulls and bears is mostly a short-term fluctuation, with similar amounts of capital involved, so there won't be any large fluctuations.
On TV, another expert said, "When Hong Kong encountered the financial crisis, how many institutions were ruined! There's a saying that goes, 'When the wall falls, everyone pushes it down.' Those small institutions will also follow suit and suppress Huahong. Once the capital ratio is tilted, Xing Baohua can't withstand it."
Xing Baohua happened to overhear this, stopped what he was doing, and said to Jin Xin with a cold smile, "Did you see that? They're trying to stir up trouble for me! They're saying that there will be localized fluctuations later, and that those who are making profits will sell off first, just to trigger a stock sell-off and drive the stock price even lower."
Jin Xin replied, "Isn't this perfect opportunity for you to buy it back?"
Xing Baohua said with a sneer, "Do they really think these experts are out of their minds? They know my cost price. I am the largest shareholder, and there are many smaller shareholders around me. The original shares are my biggest trump card."
"But we can't just watch it plummet like this!"
"Do you know what a price below the issue price is? Those international speculative funds seem to be shorting several companies in the Huahong Group, but actually they start by manipulating public opinion to drive down the price, just like me, waiting to buy stocks near the issue price."
The lower the price, the better for them. Then they'll compete with me for the remaining shares in circulation, aiming to achieve their goal of a hostile takeover. Their target isn't individual shares, but rather the total number of shares.
"Didn't you already anticipate this? Their acquisition of the subsidiary is useless! It won't have any impact on Huahong Group's headquarters," Jin Xin said naively.
“They will find a way to force me to buy it back at a high price. This is a common trick they use, and it works every time for me,” Xing Baohua said.
Jin Xin winked at Xing Baohua, then looked back at the TV with a half-understanding expression.
Another expert on TV said, "If Xing Baohua and his shareholders release their original shares, this tug-of-war will become quite interesting."
"I think this financial battle will become a classic case study. Friends watching on TV, you can try short-term trading."
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