The announcement from China Merchants Group was also made before the market opened the following day.
Whether it's financial news or stock exchange announcements, it's been reported that China Merchants Group will partner with China Post to launch an air express delivery service.
With the slogan "Post today, arrive tomorrow," HK Air Logistics offers express delivery services between 26 cities in mainland China and other cities.
After expanding production, Pengji plans to deploy 80 transport aircraft within five years to form the foundation for express delivery.
Pengji's boast of 80 aircraft in five years is laughable.
But the stock market is just that unpredictable. Even knowing you're making amazing claims, people still believe you and speculate! It's like speculating on a concept.
Even though it's invisible and intangible, a single report can generate a lot of buzz.
After the stock market opened, it digested the news brought by China Merchants Group. And let's be honest, Pengji is a real company; regardless of how many planes it produces annually, or whether the delivery actually reaches the customer the next day, these things are irrelevant to the shareholders.
What they care about is the company's prospects and the grand promises it makes for the future.
We have to try this opportunity; the mainland is so vast! If we want to achieve their stated ideals, and if we want things to arrive as soon as they're invented today, wouldn't we need airplanes?
HK Aviation Logistics Company needs shareholders to raise funds to buy airplanes; that's its purpose.
Therefore, companies with a solid business are still very reliable. In addition, given the quality of Huahong Group, it can easily mobilize tens of billions of dollars. Count on your fingers, which group in Hong Kong is so generous as to take out so much cash?
After the market opened and some news was digested, the share price of HK Aviation Logistics gradually climbed, turning from the red line to the green line.
The price increase was slow, and Xing Baohua instructed the traders to liquidate all two hundred unregistered accounts they had previously acquired.
Then, reverse your position and place a large buy order.
Don't underestimate the small number of 200 unregistered individuals; they place a lot of orders, and once a transaction is completed, it increases the trading volume.
The price was originally going to gradually build up support, but it was driven up by a large number of orders from unregistered investors.
Make everyone think that a major institution has made a move, and those who like to follow the trend can follow suit.
The back-and-forth trading continued until the afternoon, and the price had already risen by more than thirty points.
All three companies under the Huahong Group fell again, while the other two stocks rose due to the influence of HK Aviation Logistics.
The increase wasn't significant, but everyone knew that without deliberate suppression, the other two stocks had established support levels and were unlikely to fall further.
These are all technical factors at play, but in the eyes of market makers, support and resistance levels are easily broken.
As expected, Xing Baohua swept up the opponent's first short order of 20,000 lots at the close of trading. The strategic goal that should have been achieved yesterday was instead ruined by all the unexpected troubles, wasting an extra day.
Today's results were good; more than 20,000 lots of orders were executed, bringing Xing Baohua a profit of over eight million yuan.
Although it wasn't much, it was still a good start.
This also provided an initial test of the effectiveness of electronic technology in real-world combat. It's so satisfying to see your opponent's hand and profit from it.
This is just the first warehouse we've cleared; there are many more to come. If HK Air Logistics really gains a foothold, those institutions that built warehouses will have to run away as soon as possible.
Even if you have to cut your losses, you have to run, otherwise you'll end up like today's 20,000 short positions, forced to the point of margin call.
Geng Rui called Xing Baohua and told him that Haina Company's server had become a veritable exhibition hall of computer viruses.
There's no need to investigate Geng Rui's side; many viruses were implanted by Xing Baohua's people themselves. After reviewing the backend data, many had no data source. There's only one possibility: either someone on their own side had a virus-laden floppy disk and directly implanted the virus.
Further inspection of the server logs revealed traces of malware infection; it's likely that only computer experts would be able to remove such traces.
Geng Rui's question was whether or not to use antivirus software.
Xing Baohua thought for a moment, then decided to kill it. He and Uncle Qiao and others had started an antivirus software company, and if he couldn't even detect and remove viruses on his own computer, wouldn't that be a slap in the face?
"You guys should still use botnets to clean up the backstage area, and don't expose your strength or position," Xing Baohua cautiously reminded Geng Rui.
The stock market is unpredictable, and even a slight fluctuation can have an impact. Strangely enough, the three stocks under Huahong Group rose steadily the next day.
What about international speculative capital?
Are you just going to obediently watch Huahong rise today without putting up any resistance?
Previously, hundreds of thousands of orders were placed, and the vast majority of them were fulfilled, creating a psychological effect, even though no actual transactions were completed.
Unsuccessful transactions are automatically cleared the next day, so buyers strongly support the stock, causing it to soar.
Countless people followed suit, and many regretted not buying at the lower price. Now that the price is higher and the situation is clearer, those who buy in at the wrong time won't make much money.
Retail investors and institutional investors buy in, make a profit of a few points or ten points, and then sell.
This short-term trading strategy has proven effective time and again, yielding small profits.
With international speculative capital remaining relatively quiet, Xing Baohua has also stopped making moves. He still has a large amount of buy orders to place, and he needs to find a way to release them; the real turning point hasn't arrived yet.
The price will likely continue to fall near the opening price.
It's just that those retail investors are suffering. They're having a blast right now, but how come the butcher's knife is already quietly approaching their necks?
Let them play around for a few days. Xing Baohua will give them a few days, and then next Monday, he will do everything he can to suppress the price.
At that time, the unregistered residents who paid the bill also emerged, but the actual elevator users were still the two hundred unregistered residents.
While waiting for the weekend, Xing Baohua saw the situation change again on Friday. This time, the target was not Xing Baohua's company, but other companies. Five family-owned listed companies of Huahong Group were affected.
Fortunately, these large listed companies had already been alerted and prepared before the Hong Kong Monetary Authority relaxed the restrictions on foreign exchange inflows into Hong Kong Island.
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