v3 Chapter 1036： The stock price collapsed! (1/2)
When dawn comes, the warmth cuts through the sky, the early morning sun is especially warm, and the sudden rain that came last night swept away all kinds of exhaust gas and floating dust, making the air exceptionally fresh.
This seems to indicate that today is a good day.
As the sun gradually rises and the time gets closer to work, the whole city begins to noisy.
Norman Shiyahuai was tossed and turned to sleep well last night because of the news that came out suddenly yesterday afternoon. After having breakfast this morning, he rushed to Swire Financial.
As it happens, Cedric Quincy also had trouble sleeping last night and came to the company early.
When Norman Shiyahuai arrived at the company, he happened to see Cedric Quincy reading the newspaper intently.
”Cedric, good morning!”
Norman Shiyahuai's words awakened Cedric Quincy.
The latter immediately put down the newspaper and greeted Norman Shi Yahuai respectfully: ”Chairman, good morning, you have come so early!”
”Need a newspaper?”
Looking at the thick stack of newspapers in front of Cedric Quincy, Norman Shi Yahuai had read the newspapers for a while while eating breakfast at home, but due to time constraints, he only read the ”Jiuding Daily” and ”South China Morning Post.”
He also wanted to know what the headlines of other business newspapers were.
”Bring me all business newspapers except ”Jiuding Daily” and ”South China Morning Post.”
”Ok.”
After receiving the newspaper handed over by Cedric Quincy, Norman Shi Yahuai quickly flipped through the newspaper, scanning back and forth in the newspaper, searching for key words, and stopped flipping when he found the target, staring at each word. Read it carefully.
After reading the newspapers, Norman Shi Yahuai's face gradually became gloomy, and his breathing became heavier.
Cedric Quincy, who has been observing closely, can understand the chairman's mood, because he was not in a better mood than the chairman when he read the newspaper just now.
Newspapers such as ”Hong Kong Economic Journal”, ”Hong Kong Commercial Daily”, ”Sing Pao”, ”Economic Daily” and so on, all discuss the same news on the front page.
That was the news that suddenly spread throughout Xiangjiang yesterday afternoon that Jiuding Securities had abandoned its acquisition of Swire Group.
Of course, every newspaper has a different style, and different entry points and headlines for news.
The most popular headline party is ”Jiuding Consortium VS Swire Consortium, it ended in failure!”
The more dull headline is ”Jiuding Securities Co., Ltd. retreats, and the Hong Kong stock market has reached a watershed!”
...
Of course, Norman Shiyahuai’s focus is not on the headlines of the newspapers, but on the impact of these newspapers’ headlines reporting on this news!
Before the market was closed yesterday morning, Swire Financial finally completed all plans, which also meant that he firmly controlled Swire Group and other companies.
He was in a good mood yesterday at noon and afternoon.
It was just when he was off work that he learned the news that Jiuding Securities had given up on the acquisition, and his original good mood instantly disappeared.
Almost all newspapers now report this news. At this point, there is no doubt that most investors in Hong Kong almost know this news.
This certainly gave the Taikoo Consortium an aura of glory that defeated the Jiuding Consortium, but this was just an imaginary thing, and the influence was secret and intangible.
But the most urgent thing is that as the Jiuding Consortium retreats and the battle is over, the stock price that was pushed up by the two rivals has lost the core driving force. How can it be maintained?
The low stock prices have risen three or four times, and the high ones have risen five or six times. This kind of increase will be invalid even if he throws out good news, let alone he can't find good news.
And the most effective way is undoubtedly to invest a large amount of money in repurchase, to eat all the low-priced sell orders, and the stock price will naturally stabilize temporarily.
Just this way, Norman Shi Yahuai directly PASS, he doesn't have so much money!
If he had so much money, he would not give up part of his assets, and his strategy would shrink his strength.
So the situation facing now is-no solution!
It's okay if the stock price drops slightly, if it drops too sharply, then he will be on the wax.
”Hey……”
After putting down the newspaper, Norman Shi Yahuai sighed for a long time. Even if he had just gotten up for an hour or two, he felt exhausted physically and mentally.
”Cedric, what can you do to stabilize the stock price?”
Norman Shiya looked at Cedric Quincy with a glimmer of hope, hoping that he, the financial elite, could figure out a way.
It's a pity that Cedric Quincy is a man and not a god. He thought about this situation last night and didn't come up with a solution.