The Heiress's Game
Chapter 225 Seizing Control
On the afternoon that Brilliant International's stock price was driven up to 120 yuan, Bai Wenxiong sat in his office, staring silently at the three side-by-side monitors for a long time.
The candlestick chart on the screen resembled an enraged snake, suddenly rising from a stable consolidation around 100 yuan in just a few trading days.
It surged upwards, with trading volume increasing in tandem; each positive candlestick felt like someone was throwing real money at its face.
His fingers were on the mouse, his knuckles turning slightly white from the pressure.
The word "acquisition" kept replaying in his mind, like an alarm bell that was getting louder and louder.
Someone is buying up shares of Brilliant International on the market.
This is not a sporadic purchase by individual investors, nor is it a regular allocation by funds; rather, it is an organized, rhythmic, and purposeful accumulation of shares.
Every time the stock price pulls back slightly, new buy orders appear, steadily pushing the price back up, like an invisible hand catching it at the bottom, unhurried and full of patience.
This technique was so professional, it sent chills down his spine. He didn't know who his opponent was, but he knew they meant no harm.
There was a knock on the office door, and his assistant poked his head in to ask if he wanted to order dinner. He waved his hand, telling the assistant to go home first.
Brilliant International was his only trump card. This company was not a piece of cake given to him by the Bai family from the beginning, but a marginal asset that was separated from the core business when he took it over from the old man.
No one had high hopes for him at first; even his father, Bai Jingchuan, only said, "Let him practice first."
He spent several years taking the company public and then artificially inflating the stock price from the issue price to its current level, using all the connections and resources he had accumulated over the years, as well as the implicit endorsement of the Meng family in Taicheng.
Brilliant International was his pledge of allegiance, his only asset in proving that he was no less capable than anyone else in the vast Bai family.
If control is taken away, he will have no place in the Bai family.
His older brother didn't even need to do anything personally; he only needed to casually say at the board meeting, "Wenxiong was indeed careless this time," and that would be enough to cement his position as a loser, with no chance of recovery.
He grabbed the phone on the table, his finger swiping quickly across the contacts, stopping at the word "Mom".
From childhood, he was Meng Wanqing's pride and the source of her confidence in this family. But today, he needs her help.
When Meng Wanqing received the call, she was at home removing her makeup in front of the mirror.
She paused when she heard her son's voice on the other end of the phone. The makeup remover on the cotton pad dripped down her wrist without her noticing.
"Mom, I need a sum of cash, several hundred million."
Meng Wanqing threw the cotton pad into the trash can, stood up holding her phone, and unconsciously lowered her voice: "What happened?"
Bai Wenxiong explained the situation.
Someone is acquiring shares of Brilliant International on the market with professional methods and precise timing, and it is very likely that they are after control.
The stock price has been driven up to 120 yuan. In order to stabilize the stock price, he has been buying back shares of the circulating stock at a high price in the past few days, and all the funds he can mobilize have been invested in it.
However, the other party had a larger amount of capital and operated in a very professional manner, unlike ordinary speculative capital.
If the company fails to repurchase more shares as soon as possible to consolidate its controlling stake, the other party may launch a takeover bid.
In the end, all his hard work over the years will have been for nothing, benefiting someone else.
Meng Wanqing doesn't quite understand the intricacies of the financial market.
Her background is in film, and her understanding of capital operations is limited to investing in film production, distribution, and box office revenue sharing.
But there was one thing she understood: someone was trying to take over the company from her son.
This company is her son's only trump card. If this trump card is taken away, Bai Wenxiong's status in the Bai family will be wiped out overnight.
All these years of enduring humiliation and pandering to the Bai family, in the end, it was all for the sake of this son.
If Bai Wenxiong falls, what will Meng Wanqing have left in the Bai family? What good will Bai Jingchuan's affection for her do?
Can Bai Jingchuan protect her for a lifetime? When she gets old, when Bai Jingchuan is gone, the Bai family will belong to Bai Junze.
She and her two children will only be marginalized into an insignificant footnote in this vast family genealogy.
She absolutely cannot allow this to happen.
"Mom knows," she said into the phone.
"Don't panic. Mom will raise the money for you. I'll talk to your dad."
"Who did this? Could it be the Bai family, your eldest brother, or one of the other branches?"
"Anything is possible," Bai Wenxiong said wearily.
"Currently, it is impossible to find out who is specifically behind this operation. This kind of thing is very common in the financial market. If someone sees a company's stock price as undervalued, someone will come to acquire it; if someone sees a company's stock price as overvalued, someone will come to short it."
Perhaps I drove the stock price too high, attracting predators eager to grab a share. Perhaps…”
He paused, not uttering the name "Bai Junze," but both mother and son knew that the name remained suspended in the air.
Several hundred million is not a small amount. Although it is in cash, it is not something we cannot come up with.
Her own savings over the years, plus the Meng family's several accounts in Taicheng, were enough to make ends meet.
It's just that some of the money is held in different channels, and it takes some time to withdraw it.
She picked up her phone and dialed her parents' home in Taicheng. The phone rang for a long time before being answered. The voice on the other end was lazy, and there was the clattering sound of mahjong tiles in the background.
Without wasting words, Meng Wanqing said directly in Taiwanese, "Brother, I have an urgent need here. Could you help me gather the cash in the account?"
There was a moment of silence on the other end of the phone, then a reply of "How much?"
Meng Wanqing announced a number, and the sound of mahjong tiles stopped.
"What happened?" Her older brother's voice finally became serious.
"Something's happened to Wenxiong; someone's trying to take over his company."
Meng Wanqing said, "I don't have time to explain the details to you right now. Just help me get the money out first, and the interest will be calculated at the market rate."
I'll also pool all the money from my various accounts together, whatever I can gather.
Meng Wanqing made several more phone calls, her tone regaining the decisiveness expected of a young lady from a long-established family, confirming each number one by one.
Then she dialed Bai Jingchuan's number again.
Bai Jingchuan was at the company. After listening to her explain the situation in a few words, he remained silent for a few seconds.
Bai Wenxiong is his son. Although he is not as capable of entrusting him with important responsibilities as Bai Junze, he has watched his son work diligently at Brilliant International over the years and manage the stock price to exceed 100 yuan through market value management. He does have some respect for him.
More importantly, he is Bai Jingchuan's son, and it is not up to outsiders to bully him.
"How much short?" he asked. "Two hundred million," Meng Wanqing said.
"I raised some money myself, and my family also agreed, but I'm still short a bit."
"I'll take care of the rest," Bai Jingchuan said before hanging up the phone.
Within two hours, several sums of money were transferred into the account designated by Bai Wenxiong.
Meng Wanqing finally felt relieved. She didn't ask Bai Jingchuan where the money came from, nor did she ask Bai Wenxiong how long it would take to pay off the debt.
She didn't care; as long as she could save her son's company, any amount of money was worth it.
Bai Wenxiong looked at the account balance and remained silent for a few seconds. Then he put his glasses back on, picked up his phone, and began issuing instructions to the company's CFO.
He will continue to buy back shares, as long as the other party dares to release more shares.
He now has ammunition. Although he hasn't fully figured out who's hiding in the shadows, as long as he has ammunition, he can hold on.
That's all for today. I'll finish updating tomorrow, and then I might go on hiatus for a few days. I might update again later, but who knows?
You'll Also Like
-
Naruto: Starting from the Reincarnation of the Otsutsuki.
Chapter 341 6 hours ago -
Tokyo: Bubble, but the system is Sengoku
Chapter 241 6 hours ago -
Bleach: From the moment I was invited by Squad Zero.
Chapter 177 6 hours ago -
Uchiha the Madman: He embodies truth and obliterates reality.
Chapter 108 6 hours ago -
Battle Through the Heavens: The Strongest in the Entire Map, I Will Always Be Above You
Chapter 591 6 hours ago -
Film and Television: Are the leading ladies using my rewards?
Chapter 873 6 hours ago -
So what if she's my sister-in-law? You seduced me first.
Chapter 208 6 hours ago -
Qin Dynasty: They've all turned into zombies, what's there to fear about a rebellion?
Chapter 641 6 hours ago -
After one night of indulgence, the abstinent tycoon kissed her every night with his hand on her hip.
Chapter 274 6 hours ago -
Sequence Beyond: My Wife is a Mysterious Boss
Chapter 570 6 hours ago