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Chapter 48: The market value of the 9 Longcang stocks controlled exceeds million

Chapter 48: The market value of Wharf Holdings' stocks exceeds million yuan (please read later)
In the next few days, as the market generally expected, Hutchison Whampoa shares became the hottest focus in the Hong Kong stock market, and its crazy trend far exceeded the imagination of most people.

Although Lin Haoran's team closely monitored every price fluctuation and trading volume change of Hutchison Whampoa shares, they did not rashly get involved in this fierce battle.

The reason is that their current financial situation is only more than 10 million Hong Kong dollars, which is undoubtedly a drop in the bucket to stir up the capital feast of Hutchison Whampoa and is unlikely to cause any substantial ripples.

The current Hutchison Whampoa stock is no longer the same as before. The daily trading volume is over HK$100 million. Lin Haoran is no longer qualified to stir up trouble.

It would be better to keep it and use it to continue acquiring Qingzhou Yingni’s shares.

On Tuesday, market enthusiasm was at an unprecedented high, and the performance of Wharf Holdings' stock was particularly eye-catching. Its unit price soared from HK$40.8 at the opening to an astonishing price of HK$56.9 per share. Finally, at the close of the market, the transaction price of the last transaction also stood firmly at HK$56.2 per share. The market's frenzy and volatility made all investors crazy.

As of Wednesday, although the growth rate slowed down, Wharf Holdings' stock still maintained its strong momentum, with the highest price climbing to HK$61.2 per share.

However, on Thursday, there was a subtle change in market sentiment. Some more rational investors felt that the stock price was already high. In order to prevent the stock from plummeting later, many investors chose to sell. So this time, the share price of Hutchison Whampoa fell slightly after hitting a high of HK$62.9 per share, and finally closed at HK$60.3 per share. This adjustment seemed to indicate that the market was gradually returning to rationality. This day also allowed both the Pao family and the Jardine Matheson Group to take over a lot of stocks.

On Friday, the market was once again ignited by rumors, and Hutchison Whampoa's stock ushered in a new round of surge. The share price jumped directly from around HK$60, and even broke through the HK$72 per share mark at its highest. At the final close, the last transaction was completed at a price of HK$70.8 per share, bringing an end to this week's crazy market.

Although Lin Haoran did not directly participate in the turbulent stock market, he witnessed as a bystander the thrilling movements of Wharf Holdings' stocks and the fierce capital competition between the Pao family and the Jardine Matheson Group.

The intensity of this business war not only made him deeply realize the ever-changing and unpredictable nature of the stock market, but also made him witness the brutal competition, strategic games and conflicts of interest in the business world.

As the stock price continued to rise, Lin Haoran became more and more happy.

If he sells the stocks he holds today, he can cash in HK$100 million in an instant.

His total investment in Wharf Holdings was only HK$40 million, but now the profit has far exceeded expectations, realizing his vision of doubling the profit.

Originally, at the most intense moment of the last day, Friday, Lin Haoran was still a little hesitant about whether to sell all the stocks.

After all, once the deal is done, a huge fortune will be firmly in his pocket, adding more bargaining chips to his business war with Li Jiacheng.

But think about it, he may not be able to use the 100 million Hong Kong dollars to buy Ching Chau Cement shares. After all, Li Jiacheng has already entered the market, and the other party has much more funds than him. His team is no match for Li Jiacheng's team.

If there are enough orders on the stock market, he is not afraid. He can directly use large funds to buy 51% of Qingzhou Yingni shares. No matter how powerful Li Jiacheng is, he will have no way to stop it.

But the problem is that there are not many orders for Qingzhou Yingni in the stock market.

Therefore, it is better to wait for an opportunity, so that he can sell the Wharf shares at a high price and make the ship charter king owe him a favor.

Once the charter king can dispel Li Jiacheng's covetousness for Qingzhou Yingni, Lin Haoran will be able to easily control Qingzhou Yingni.

Judging from the fierce competition between the Pao family and the Jardine Matheson Group, it seems that this competition will be difficult to determine in the short term. Both sides are aiming to seize as many Wharf Holdings shares as possible, so a protracted war is inevitable.

The reason is that Wharf Holdings' stock holdings are extremely dispersed, and the company's total market value is huge. It is as difficult as climbing a dangerous mountain to gather enough shares in a short period of time. Both parties need patience and strategy, and can gradually approach their respective goals through long-term planning and competition.

Therefore, Lin Haoran is not afraid that the stock price of Hutchison Whampoa will plummet again soon. From the information he has collected, it is basically impossible in the short term.

As for Qingzhou Yingni.

During the trading period from Tuesday to Friday, Lin Haoran keenly noticed that since both parties were relatively restrained in the process of absorbing stocks, the share price of Qingzhou Yingni did not rise significantly, but instead hovered steadily between HK$5 and HK$5.2 per share.

This stagnation of stock price, against the backdrop of cautious operations by both parties, directly led to a gradual decrease in retail orders for Qingzhou Yingni in the market, due to a lack of sufficient motivation to drive an increase in trading volume.

Take today, Friday, for example. The total trading volume for the whole day barely reached about 70 shares, which is particularly low compared with previous days.

Looking back over the past four days, from Tuesday to Friday, despite the unremitting efforts of Lin Haoran's team, they only successfully purchased 106.8 million shares, with an average transaction price of HK$5.11 per share.

If Li Jiacheng had not yet entered the market, this result could have been easily achieved in less than two days.

On the other hand, Lin Haoran inferred from market trends and public information that Li Jiacheng's team had acquired more than 150 million shares of Qingzhou Yingni in these four days, demonstrating strong financial and team strength.

Of course, according to the current stock market situation, it would be impossible for Li Jiacheng to rely on the market to absorb more stocks than Lin Haoran holds without a few months.

After all, if they don’t raise the price to absorb Qingzhou Yingni’s orders, then the orders on the market will become fewer and fewer, and they will not be able to absorb them even if they want to.

It depends on when Li Jiacheng will make up his mind to raise the price to absorb it.

However, judging from Li Jiacheng's past actions, he generally does not reveal his goals until he is sure that he has acquired enough shares.

If Li Jiacheng remains the same this time, there will still be plenty of time left for Lin Haoran.

I’m afraid that he will secretly take over some of the shareholders’ shares and overtake them.

So far, combining Lin Haoran's recent operations with those in the past month, he has accumulated 1010.4 million shares of Qingzhou Yingni. This figure is not only an affirmation of his investment strategy and execution, but also indicates that Lin Haoran's shareholding in Qingzhou Yingni has officially exceeded the important threshold of 20%.

This is undoubtedly a milestone worth celebrating, representing that he has gained a foothold in the stock market game.

If he passed this news to the board of directors of Qingzhou Yingni, they would definitely invite him to become a member of the board.

However, Lin Haoran is not ready to make the news public yet.

Please read, please read, please read~


(End of this chapter)

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