Capítulo 246: Chapter 189: Income Skyrockets

July 12th.

The continuously sluggish stock market suddenly burst with shocking news that rocked the business world.

After a long period of buying, Baoneng Group officially disclosed its stake in Vanke, the nation's leading real estate group.

"Disclosing a stake" refers to the shareholdings reaching 5%.

Having qualified for entry into the board of directors, a fierce battle of encirclement and counter-encirclement in the stock market had officially begun, causing Vanke's share price to soar dramatically.

It was foreseeable.

Both parties would now genuinely spend substantial amounts to sweep up the scattered Vanke shares in the market.

For Baoneng, 5% was just the beginning of its disclosure.

What they wanted was absolute control over Vanke.

For Vanke, Baoneng was an unwelcome participant.

In Old Wang's own words, Baoneng didn't deserve to be the largest shareholder of Vanke.

In such a situation, a counter-offensive was inevitable.