Chapter 347: The Outcome is Clear
"Buy more!"
"Buy, buy, buy!"
"Someone's taking the shares; buying means profit. Don't miss this chance!"
...
As the competition heated up, more and more attention focused on the stock prices of these four companies, and numerous financial institutions rushed in to buy shares.
Where there are major events, media follows!
The mysterious Galaxy Fund, which had gained fame from previous successes, struck again with a simultaneous assault on Yi He Consortium, injecting massive amounts of money into the stock market. Such explosive news overshadowed all other reports.
"Riding the wave of victory, Galaxy Fund strikes again! Aimed at Yi He!"
"Opportunity for overnight wealth has arrived; shareholders of these stocks are making a fortune!"
...
In an instant, sensational headlines and shock reports flooded the news. Readers, drawn by the lure of money, were intrigued and shifted their attention to the stock market, hoping to profit by following the trend.
In this climate, the stock prices of Fuda Industrial and the other three companies soared. However, the demand for these stocks increased even more.
Many shareholders and investors who initially held the stocks were reluctant to sell, hoping for even higher prices before selling to maximize their profits.
This situation increased the pressure and difficulty of Yi He's acquisition efforts. Fortunately, with Old John's reassurance that Niu Bijian need not worry about funds, Niu Bijian wouldn't have to face the problem of insufficient capital.
...
"Boss, we've acquired shares from another shareholder. We've bought all 3.74% of shares from the sixth-largest shareholder!"
Wang Qi reported the good news to Xia Yu.
Xia Yu, pleased, smiled and said, "Well done!"
It was time to act!
In less than two days, Wang Qi had secured shares from three shareholders of Yi He Machinery Group, acquiring 2.99%, 2.68%, and 3.74% of the shares respectively.
Although he had not yet tackled the larger shareholders holding 6.37%, 5.24%, and 4.99%, the total acquired shares amounted to 9.41%.
Adding the 0.21% bought from the stock market to the 18.65% already held, Xia Yu now owned 28.27% of Yi He Machinery Group's shares!
The gap with Yi He Holdings had narrowed to 8.83%, which was a substantial threat!
However, before taking further action, it was essential to assess the situation of Liu Xiao and his team!
After all, while the four companies of Fuda Industrial were numerous and creating a significant stir, their combined market value was still relatively modest.
If the battle for Yi He Machinery Group began, it would quickly overshadow these four companies, making their stock prices less prominent and making it more difficult to achieve a significant rise.
Furthermore, if these companies turned out to be just a smokescreen, and Yi He stopped aggressively buying shares, the stock prices would peak, and any unsold stocks would become a liability.
Given the limited funds Xia Yu had for these companies, he wasn't interested in acquiring them further. He didn't want to end up as a shareholder through speculative trading.
His goal was to tie up Yi He's funds, reducing future threats, and ideally, trap Yi He in a difficult situation!
Arriving at the adjacent closed building, Xia Yu found the four teams still busy at work.
"We are about to take action against Yi He Machinery Group. How are things with your teams?"
Xia Yu inquired.
"Report, boss. My team has acquired 1.04 million shares of Meixin Catering, accounting for 3.24%. The stock price has risen by 78.4%, with floating profits reaching 914,000 HKD!"
Ma Kai answered first.
Xia Yu nodded in approval. Achieving floating profits of 914,000 HKD in just two days without prior preparation was impressive!
"Report, boss. My team has acquired 980,000 shares of Yi Ning Home, accounting for 3.21%. The stock price has risen by 79.8%, with floating profits reaching 980,000 HKD!"
Li De confidently reported next.
Upon hearing Li De's results, Ma Kai's expression froze, and he unconsciously clenched his fists.
"Report, boss. My team has acquired 1.45 million shares of Lifa International, accounting for 3.12%. The stock price has risen by 77.6%, with floating profits reaching 1.138 million HKD!"
Song Yang reported with a smile, causing Li De and Ma Kai to feel disheartened. They realized their mistake in target selection.
Despite the lower price rise and shareholding percentage, Lifa International's higher market value meant a larger base, resulting in higher floating profits even with a smaller rise.
Noting the differences in company size, the two men turned their attention to Liu Xiao, who had selected Fuda Industrial, the largest company with a market value of 60 million HKD.
Xia Yu also looked at Liu Xiao with rising expectations.
"Boss, we've acquired 1.65 million shares of Fuda Industrial, accounting for 3.89%. The stock price has risen by 91%, with floating profits reaching 2.12 million HKD!"
Liu Xiao reported calmly with a slight bow.
Upon hearing this, Song Yang's smile instantly froze, and Li De and Ma Kai's mouths dropped. After regaining their composure, they exchanged glances and shook their heads in wry smiles.
"Well done!"
Xia Yu praised with a smile.
"Thank you for the compliment, boss!"
Liu Xiao finally showed a modest smile, bowing slightly as he responded.
Victory didn't make him arrogant! His strong mentality set him apart from Song Yang and the others.
Xia Yu compared the performances of the four and formed his own view.
In addition, Liu Xiao's capabilities were acknowledged by Xia Yu.
As a financial veteran, Xia Yu understood that while the data reported by Liu Xiao and the others was straightforward, it conveyed significant information.
The previous battles had not yet settled, and now new conflicts were emerging with media amplifying the hotspots. With Yi He aggressively acquiring shares, the soaring stock prices of the four companies were quite normal!
However, the extent of the price rise reflected the intensity of the acquisition efforts.
Fuda Industrial's stock price had the highest rise, clearly indicating the most intense acquisition efforts and showing Liu Xiao's determination. This was also reflected in the proportion of shares he acquired.
The price rise of a stock reflects the buyer's confidence and determination. Liu Xiao's resolute approach was naturally observed by others.
Confidence is contagious; whether from Yi He, other interested institutions, or individual investors, whether voluntarily or driven by trends, it would boost confidence in the stock, leading to a surge in prices!
Stock market sniping also requires skill, convincing others of your genuine intent to seize the company rather than merely using it as leverage for greenmail. Only then can you succeed and withdraw safely.
If others see through your intention to exploit, they will not be concerned, and the stock price may not rise, making it hard to sell, resulting in minimal success or even inflating the price for others.
Stock market sniping requires not only skill but also a strong heart and calm mind to seize the opportunity for a decisive strike and withdraw swiftly.
"It seems that Liu Xiao's sniping talent is stronger compared to Song Yang and others. A strong heart has a greater advantage in the financial market!"
Xia Yu thought to himself, raising his impression of Liu Xiao.
Previously, Xia Yu had a good impression of Liu Xiao due to his better performance in acquiring Yi He Insurance Consulting Group shares compared to Li De's team.
"Don't get discouraged too early. The assessment is not over yet. Floating profits are just that—floating. Only realized profits count as money. High floating profits now don't guarantee high final profits!"
Xia Yu's gaze swept over the four faces, reminding them.
Hearing this, Song Yang and the others brightened up. Especially Ma Kai, who was currently in last place, looked more determined. He glanced at Li De, remembering that Li De's floating profit was only slightly higher than his. Even though surpassing Song Yang and Liu Xiao might be difficult, third place was still better than last!
Noting the renewed motivation of the team, Xia Yu nodded in approval and said, "Go ahead and make the most of your time!"
"Yes!"
The four responded in unison and quickly returned to their respective teams to make arrangements.