There's no need to acquire a chemical company!
Xing Baohua's two weeks in Japan finally put Nikon back on track, and everyone, from headquarters to factories and laboratories, entered a period of intense and stressful work.
However, there were still more than a dozen dismissed senior executives protesting outside the headquarters. They had only been reassigned and had not been fired. Now, they were just protesting and not going to work, which was considered as automatic resignation.
No matter how long the protest lasts, it has nothing to do with Nikon anymore, and they won't get any severance pay.
These dozen or so former senior executives also went through labor arbitration proceedings.
They sued Nikon, and their demands were outrageous: they wanted them to return to their original positions and pay them a certain amount of compensation.
Xing Baohua managed to subdue the board members, turning them into colleagues on the same path of shared interests.
This labor arbitration involving senior executives isn't just targeting Xing Baohua! It's directly aimed at all Nikon shareholders!
Their net worth had already shrunk, and they still wanted to extort money?
So Nikon's massive legal team stepped in, using every trick in the book, good or bad, to intimidate them by threatening to send them to jail.
Several people chickened out on the spot, while others tried to put up a fight, but the legal team showed them what happened to Kazuo Nanda. They were in high-ranking positions, so how could they really be innocent?
The whole thing was like a farce, and it ended quickly.
Nikon's stock price also rebounded. Seeing that things were not going well, Xing Baohua quickly had his short positions closed and bought in.
The 100 million US dollars in Japanese yen exchanged with Mitsui Bank were injected into various unregistered accounts, thus driving up Nikon's stock price.
When stock prices rise to a certain level, shareholders who are short of cash will release their shares to cash out.
Xing Baohua was just waiting for the shareholders to cash out their shares so he could regain his tiny bit of controlling stake.
The pound, far away in Europe, was affected by the recent events and began to fall again, dropping from 1.54-1.49 to around 1.38.
It rebounded from 1.38 to 1.3986 and held steady, occasionally returning above 1.4.
Xing Baohua knew that the pound might fall further, but the decline wouldn't be significant. It was crucial to close out his positions quickly while he had the chance.
Trying to close out a position at the very bottom is sure to make you a target of hatred!
Notify the traders on duty to come out in batches, and call Xiaotian to keep a close eye on the market. If necessary, control the slippage and time of the pound sterling to give the traders an optimal order placement point.
Because the foreign exchange market operates on a 24-hour trading system, the market is ordered according to time from that point in time.
In short, the delivery period cannot be during the Eagle Exchange's trading hours, so we should start with the Wellington Forex Market.
The priority queuing method came in handy at this moment. Because the trader had a lot of orders, Xiaotian's hands flew across the keyboard, constantly pushing the pending orders to the front of the queue.
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