He used intimidation, feigned attacks, and forced Newport to believe it was true and withdraw from the competition.
After half an hour of discussion, the people at ACOM unanimously agreed to Newport's $50 million offer.
As for Xing Baohua, unless he commands a higher price than Newport.
Of course, it's also clear that this child is unwilling to pay a high price. Unfortunately, those capitalists like money, not products.
When they came out, they told Bob Johnson what had happened, and after a decision by all the company's shareholders, they agreed to sell 51% of the company's shares to Newport Wafer Fab.
Bob Johnson, his face grim, looked at Xing Baohua and said to Chris Curry, "Sir, something's come up. Please wait a moment while I await the company's latest instructions."
Chris Curry and Hauser both looked at Xing Baohua, wondering what they had said after the meeting that led to the change in the situation.
Xing Baohua chuckled and said to the two founders of ACOM, “I guess Newport will change his mind after I leave. There’s no competition anymore, so he might offer you a very low price, or he might not even buy it. If that happens, please call my secretary. My price will remain unchanged. Oh! It’s fine if they buy it. Don’t worry, I’ll launch a takeover bid for Newport tomorrow. I’ll still be your boss.”
Chris Curry and Houser exchanged a glance, wondering, "Is this even possible?"
They'd sell you a company worth tens of millions, even if you offered ten million more, for sixty million.
Why do you insist on spending billions or even tens of billions to buy a listed company?
Is your brain really okay?
I can't understand Xing Baohua's actions, and I'm worried about his intelligence.
Everyone was misled by Xing Baohua's methods; it was just a smokescreen.
Everyone knows that Xing Baohua is rich, and quite rich. He can acquire companies worth over 10 billion yuan without hesitation, and his biggest success stories are all in Japan.
But everyone overlooked one thing: Is Xing Baohua rich?
Tens of millions, this guy can get by cutting some foreign exchange. But if the price really reaches hundreds of millions, he really doesn't dare to touch it, because all his money is tied up in the foreign exchange market.
They dare not come out easily.
While others are trapped and losing money, he's trapped with a profit. He hasn't even reached his target price yet, so how could he possibly sell?
This strategy is similar to that of ordinary stock market investors trading futures and forex. "Wait a little longer, wait a little longer, I'll exit when it rises to a certain level."
As a result, the price rose by half but didn't even reach that number, and I got trapped again.
They were all greedy, but Xing Baohua's greed was different; he roughly knew what price it would reach.
So it wasn't him who was anxious, but the person he was betting against.
After Xing Baohua finished speaking, he asked Xie Yingying to leave the other party's contact information and then left gracefully.
They didn't even leave a goodbye.
The convoy returned to Greater London, and Xie Yingying came over to tell Xing Baohua, "The trader who was on vacation will be in place tomorrow."
“Let them get their tickets refunded and continue their vacation,” Xing Baohua said.
"Uh..." Xie Yingying was stunned for a moment. Although she didn't understand, she still nodded to Secretary Dong.
Xing Baohua said, "There are many informants here. If we call those traders back, their identities will be exposed very quickly. This is not Hong Kong. I cannot protect their safety or the safety of their families."
"I understand, you're bluffing to put pressure on the other side!" Xie Yingying said.
“Yes! There are still a few traders here. When Zhao Shanhai was sent to Daying to trade stocks earlier, he set up many accounts. Some have been abandoned, and some remain. After the launch, we will directly acquire the Newport wafer fab.” Xing Baohua smiled, as if he had everything under control.
After pausing for a moment, as if remembering something, he said to Xie Yingying, "You have the contact information for that girl from The Sun, right? Send her a message saying that I'm preparing to acquire Newport Wafer Fab."
After Xie Yingying nodded, she knew what to do.
The role and status of wafer fabs are very important, and their products are also very special. Xing Baohua can invest, but he cannot be the boss.
If it's made public, people will try to stop it. Just think, buying a football team can cause protests, so if a wafer fab is controlled by outsiders, wouldn't that cause a huge uproar?
Xing Baohua still has several million pounds sterling in liquid funds; throwing this amount into the market won't even cause a ripple.
What can a few million pounds do? It's not enough to make people laugh at you. But who dares to underestimate Xing Baohua's methods? A few million pounds, what if it's just a small team of scouts testing the waters?
Don't forget, when Xing Baohua was shorting the British pound in the foreign exchange market, did anyone have faith in him?
Now this kid has turned things around and more than doubled his money. Who has that ability?
One million? That depends on who's in charge and who's doing the work.
Those old nobles all know that Xing Baohua has a team of traders; many may not know, but there are definitely many.
The next day, Xing Baohua instructed the on-duty trader to liquidate some of the short positions in the electronic market, not much, just over 200 million yuan.
These are scattered across some newly launched accounts.
Xing Baohua used his real name to open an account and threw in one million of the meager amount of money in the account.
Once bright, how dark.
Xing Baohua used his real name to directly purchase shares of Newport Wafer Factory with the one million British pounds that had just arrived in his account.
Millions, fully invested.
All the information Xing Baohua provides is public; it's meant to be seen by people, otherwise how could it deceive them?
When Newport realized that Xing Baohua was serious, he sought help from the old nobles with whom he had business dealings, saying that they couldn't let this guy buy up the nation's most important assets!
One million pounds sterling scared the other party to death.
The old aristocracy also has an economic analysis team! They are very clear about Xing Baohua's fund movements, so how come they still have money to operate?
My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!
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