Small shareholders can then transfer their shares and reap huge profits.
But Xing Baohua doesn't follow the conventional approach; he accepts any premium offered. They haven't even exhausted their funds in a fierce battle with the other party yet, and what if the minority shareholders sell their shares?
This will only increase Huahong Group's shareholding ratio, which in turn will indirectly increase Xing Baohua's strength.
As for the minority shareholders, most of them are based in Hong Kong. Once Xing Baohua recovers, dealing with them will be as easy as killing an ant.
No, it should be that confronting international speculative capital can also crush them.
Unable to resist, they chose to obey, which led to the three listed companies under Huahong Group banding together.
With no shares being released from the market, they can only rely on the shares already in circulation.
The first wave was still mainly driven by retail investors who listened to the experts on TV and sold off their shares after making a small profit.
There are only sellers and no buyers. Coupled with the sell-off and the guided decline, it creates a sense of panic.
I was initially holding onto my stocks, hoping Xing Baohua would win, but the market started to fall and I felt uncertain. With my profits dwindling and experts adding fuel to the fire, I decided to sell. Now I'll make as much as I can.
If we wait any longer, we'll be trapped.
Just dump them like that! This triggers a sell-off by retail investors, which slowly accumulates like a stream, and that's how the first wave of retail investors is formed.
As the number of sell orders increases, the price decreases.
Following the conclusion of the shareholders' meeting, some news has emerged. Of course, Huahong Group's official statement said it would protect the rights and interests of shareholders and resolutely resist hostile takeover attempts, etc.
Rumors suggest that Xing Baohua is employing a combination of harsh measures and incentives, indicating that he is indeed trying to support the market.
If they're trying to prop up the market, why are they just watching it keep falling?
Then some people figured it out: Xing Baohua was preparing to buy at the bottom of the market. What was he waiting for? To catch a ride on the wave!
Another group of people quickly allowed them to enter the market to make purchases.
Those who had just sold their stocks realized they had sold too early and should have waited to see how the market was doing before selling!
Seeing the orders coming in and the trading volume increasing, I gritted my teeth and bought them back.
They're hard to sell, but when it comes to buying, you can always find a buyer, no matter how many you want.
There's also a group of people who are just watching. Wasn't it supposed to be a protracted war? Is this about to begin?
The more I look, the more confused I get. There are no pending orders for the large number of orders! They are all small orders, and the trading volume is just a result of a lot of people making up the volume.
What happened to the promised tug-of-war? Relying on retail investors to fight it out? Isn't that nonsense?
Although the sell orders outnumbered the buy orders, they did slightly halt the downward trend of the sell orders.
The slow decline is something that speculative investors and Xing Baohua do not want to see.
Both sides are waiting for the price to fall to near the break-even point before placing orders.
While retail investors are confused and placing orders haphazardly, Xing Baohua believes it's time to inject some vitality into the stock market. Tonight, international speculative capital will definitely hire experts to continue misleading retail investors into selling their shares.
Although he wanted the stock to quickly fall below its initial offering price, it was the retail investors who would suffer, so he could only let them recover slowly for a few days.
So, a sudden large buy order will stimulate retail investors to buy in large quantities. This can hold off the market for another day. A decline is inevitable, but it can't keep falling every day. Fortunately, there was no limit down, otherwise it would have been suspended for several days in a row.
Xing Baohua said to Jin Xin, who was learning from him, "Is China Merchants Group interested in becoming a minority shareholder of Huahong Aviation Logistics?"
What do you think?
“I agree to your entry if you buy 5%-8% of the stock.”
“We already have 3.8%,” Jin Xin said.
“Then let’s take another 5% of the bids. Let’s give the market a buffer period,” Xing Baohua said.
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