Chapter 322: All Eyes On Them

Sure enough, Eddie's words deeply upset Charles: "Mr. Charles, something's wrong. There are institutions buying aggressively! And the short sellers have suddenly disappeared!"

"Are you saying the enemies have fled?"

Charles Kaseck was taken aback, uncertain.

Unexpectedly, Eddie Roman shook his head, voicing his speculation: "Not necessarily. It could be that the ones buying now are the same enemies who were suppressing the stock price before!"

"Mr. Charles, with the stock price starting to rise, should we wait and see or continue buying?"

Eddie Roman asked.

As a hired executor, his original task was to stabilize the stock price and initiate a rebound. Now, without needing to act, the stock price was rising. It seemed like the mission was accomplished?

Charles Kaseck was also thrown off guard by this unexpected turn of events. He thought for a moment, about to suggest a temporary wait-and-see approach, when suddenly, a phone in the operations room rang, and everyone reflexively turned to look.

Eddie Roman answered immediately, "Hello, what's the situation?"

"What?"

After hearing the news, Eddie Roman exclaimed in shock, hung up without replying, and solemnly addressed Charles and the others: "Mr. Charles, Mr. Barton, we've received the latest information. Galaxy Fund, in collaboration with Jiuding Securities, has publicly announced ownership of 29.6% of our company's shares and intends to acquire us!"

"The current aggressive buyers are likely them!"

"What!"

"29.6%?"

"They want to acquire our company?"

Charles and Barton were instantly alarmed, exchanging a glance, fully grasping the seriousness of the situation.

"Damn bastards, they want to snatch my company!"

Charles's sense of crisis surged, cursing loudly.

With 29.6% ownership, they were only about 6% away from the controlling stake of the Pacific Peace and Harmony Group. The gap was too narrow!

"Change the plan, start aggressive buying immediately!"

Charles shouted impatiently.

Eddie Roman nodded promptly, waving his hand to the staff below: "Full throttle on the buying!"

Charles's mind raced, his expression serious as he paced back and forth, then turned to Barton Hadman: "Barton, please stay here and keep watch. I need to report to the family."

"Understood!"

Barton Hadman nodded solemnly, focusing on the stock market with growing concern.

After Charles left, he immediately called home. Old John answered the phone, listening to Charles's urgent report with furrowed brows. He spoke in a deep voice, "Go all out on buying, and immediately contact other shareholders to buy up their stocks too!"

After hanging up, Old John stood up, pacing with his hands behind his back, trying to calm himself down.

Before long, he seemed to have an idea and quickly dialed a number: "Find me information on a company called Galaxy Fund, and Jiuding Securities, and also about Xia Yu..."

...

"Who is Galaxy Fund? Working with Jiuding Securities? And they're leading this?"

"This is a direct assault! Yihe Air Freight Station is a core enterprise of the Yihe Consortium. This is a blatant challenge!"

"The winds of change, so fast!"

In less than ten minutes, the news of Jiuding Securities and the unknown Galaxy Fund's bid to acquire Yihe Air Freight Station spread throughout the financial market. Many dropped what they were doing to focus on this development.

The initial reaction of stockholders and institutions in the stock market was to watch Yihe Air Freight Station's stock price. Seeing it shoot back up to HK$9 and rapidly rising.

Many who had sold their stocks before felt a pang of regret and disbelief. Some nearly fainted at the missed opportunity.

"Damn it, I just sold my shares, such a big loss!"

"So did I, deceived..."

Apart from those lamenting their losses, those who held onto their stocks wore expressions of relief, their smiles unable to hide their relief.

"I have 2,000 shares, luckily I didn't sell. Looking at this, I'll definitely make a good profit!"

"I have 3,500 shares unsold too. Thank goodness, I almost sold earlier..."

Their self-congratulatory words reached the ears of those who had sold, making them smack their own chests in frustration.

Unfortunately, it was too late now. There were no ifs in the market...

Whether crestfallen, relieved, or simply curious bystanders, everyone closely watched Yihe Air Freight Station's stock price, wondering how high it would climb.

Onward, onward!

Soon, the stock price broke through the HK$10 mark, surpassing today's opening price in a flash.

HK$10.18... 10.28... 10.47... 10.65... 11...

In less than five minutes, the stock price not only surpassed HK$10 but also broke through the HK$11 barrier, leaving everyone exhilarated.

"It's rising, it's up to HK$12 per share now, and the total market value has exceeded HK$600 million, gaining another billion!"

"My goodness, this is too fast. At this rate, when will it stop?"

...

Inside Eddie Securities, everyone looked serious. Eddie turned to Barton Hadman, saying, "Mr. Hadman, it's bad. There are hardly any sell orders in the market now. Even if there's one, it's hard to grab."

"Mr. Hadman, do you know what our upper limit for buying is?"

From Eddie's experience, almost no one was willing to sell stocks now. They were all waiting to see. Unless the price reached both parties' bottom lines and stabilized or fluctuated, prompting observers to think it had peaked, no one would sell.

They were now bidding against each other, but they couldn't buy any stocks. The price went up again, it was completely useless!

Barton Hadman looked serious. Although he was the company's CEO, the funds belonged to the Kaseck family. So, he couldn't decide on this issue, and he had to leave it to Charles, but the problem was that Charles wasn't here. This made him feel very embarrassed.

Looking at Eddie Roman, Barton Hadman gritted his teeth and said directly, "Keep raising the price and see who retreats first!"

Eddie nodded and immediately went to supervise the staff.

"Damn it!"

Barton Hadman cursed inwardly, feeling more and more resentful towards Xia Yu.

...

At the same time, Jiuding Securities' phone kept ringing. Many people came to inquire about the situation. The employees who answered the phone had received orders long ago. As long as someone asked, they didn't know about Galaxy Fund, but they answered all other questions, with the sole purpose of showing Jiuding Securities' firm resolve.

And in Wang Qi's office, the phone kept ringing. He answered one call after another, finally sighed with relief, and then smiled.

The more attention, the better. It not only enhanced Jiuding Securities' reputation but also increased pressure on Yihe. This was more advantageous for them!

If Yihe didn't take it seriously, how could they extort more money?

"Now, Yihe can't absorb stocks from the market temporarily. They can only buy from private shareholders. I'm sure the boss has sent someone to stall them..."

Wang Qi murmured with a smile.

Time flew by, and in a blink of an eye, it was time for the morning session to close.

Yihe Air Freight Station's closing price settled at HK$13.98 per share, nearly breaking through HK$14, a morning where its market value surged by nearly HK$200 million!