At first, Xia Yu was worried about unexpected changes, but it turned out that everything was calm, with only Tian Wu Securities as an opponent.
Allowing Xia Yu to leverage ten times the investment, eighty million in funds, was like using a cannon to kill a mosquito. In the end, only five million was spent, and even the eight million principal was not fully utilized. Xia Yu found himself both amused and helpless.
But, it didn't matter. No mishaps meant it was best. Victory had been achieved, so these details were trivial. There was no way to complain about being over-prepared after a win!
"Liu Sheng, how many shares did you acquire?" Xia Yu asked Liu Tianci, who was also in high spirits.
"Combined across all accounts, we have 25%. And you?" Liu Tianci asked back with a smile.
With 25% of Da Fa Real Estate's shares, Liu Tianci had bought at a similar price to Xia Yu but was slightly slower and less precise with his buy orders, so he ended up with fewer shares.
However, the 25% he did acquire cost around 4.2 million. If the stock price was pulled back up, Liu Tianci's side could earn around 11 million. Although it wasn't his money, it was his achievement managing HSBC Securities' Kowloon branch, and he would be rewarded for his performance.
"A total of 30%," Xia Yu replied with a smile.
Liu Tianci gave Xia Yu a thumbs-up and said, "Impressive!"
From Liu Tianci's perspective, Xia Yu was indeed impressive. Both were commanding a team of HSBC Securities employees with ample funds, but Xia Yu managed to acquire more shares. Liu Tianci was deeply impressed by Xia Yu's ability to seize opportunities and analyze situations.
This time, besides Xia Yu and HSBC Securities making a profit, other institutions that seized the opportunity also benefited. Aside from Li Zhaoxu's 30% stake, Xia Yu and Liu Tianci together held 55%. After accounting for HSBC Securities' pre-existing small stake, less than 15% of shares were left in the market, either in institutional hands or with retail investors, just waiting to make a profit.
"In the coming days, we need to pull Da Fa Real Estate's stock price back up and then gradually reduce our holdings to cash out," Xia Yu said with a light smile.
"Liu Sheng, we'll need your help with this. With our combined 55% stake, maintaining the stock price while selling will be very challenging!" Xia Yu said to Liu Tianci.
As Xia Yu pointed out, selling such a large volume of stock at a high price was indeed difficult. The more shares sold, the more it could impact the stock price. Maintaining a high stock price while selling such a large quantity required careful and time-consuming management.
"Don't worry, Xia Sheng. Leave it to us. Although the number of shares is large, we have ways to handle it," Liu Tianci said confidently. It might be challenging for other institutions, but as HSBC Securities, the giant of the Hong Kong stock market, they were capable of managing it.
Moreover, helping Xia Yu sell the stock meant HSBC Securities would earn a commission. The higher the selling price, the higher their fees, so they had every incentive to do a good job.
Seeing Liu Tianci's agreement, Xia Yu didn't say more. He trusted Liu Tianci.
Xia Yu then took the opportunity to review other stocks. After checking the specifics, he couldn't help but smile slightly.
He noticed that the stocks recommended through **Jiu Ding Daily** had also seen small increases. The impact of this battle had become apparent so quickly. Indeed, the stock market, being the most informed, lived up to its reputation.
Due to the recent media influence, especially with the **Oriental Daily** leading the attack and other newspapers piling on with malicious criticism of **Jiu Ding Daily** and Xia Yu, coupled with the 'evidence' of Da Fa Real Estate's stock plunge, many investors' confidence was shaken.
Investors who had bought stocks were concerned about the impact on other stocks. Some started to exit, while others held their stocks and watched. If Da Fa Real Estate truly collapsed, it would trigger a chain reaction, dragging down other stocks recommended by Xia Yu and causing a general decline in stock prices.
Although these stocks hadn't fallen in the past two days, their growth had stalled, and prices had begun to fluctuate.
However, now that it was clear that Da Fa Real Estate's crisis was over, seeing its stock price rise again, many anxious investors felt relieved. Confidence in **Jiu Ding Daily** and Xia Yu was restored, even strengthened.
It was foreseeable that as Da Fa Real Estate's stock price continued to rise, other stock prices would also increase. This is the effect of investor confidence; as long as everyone believes a stock will rise, in the absence of short-selling and negative external factors, stock prices will rise.
Stock trading is essentially about the psychological expectations of investors and institutions.
Just like when everyone believes that investing in stocks will lead to prosperity, the stock market will soar!
After reviewing the stock market and finding that there was nothing more for him to do, Xia Yu decided to return to the company to stabilize any unrest among the staff.
Moreover, he needed to carefully plan how to strike back at the **Oriental Daily** and other newspapers.
Had it not been for Xia Yu's skillful handling, other people in charge of **Jiu Ding Daily** might have been toppled by today's aggressive attacks.
This grudge must be repaid!
Xia Yu was never one to turn the other cheek. If someone dared to strike at him, there had to be a cost!
Additionally, Xia Yu planned to thoroughly deal with the **Oriental Daily**. Previously, it had been normal commercial competition, and Xia Yu hadn't specifically targeted the **Oriental Daily**. It was simply that the **Oriental Daily** was too weak and suffered severe impacts from **Jiu Ding Daily**.
Xia Yu felt innocent, much like practicing a powerful skill that accidentally injured the **Oriental Daily**. Was it his fault that his skills were exceptional?
But now, the **Oriental Daily** had resorted to underhanded tactics and targeted Xia Yu and **Jiu Ding Daily** maliciously. Xia Yu wouldn't let them off lightly!
He planned to deliver a few face-slapping packages to the **Oriental Daily**, beating them repeatedly. By the time the Queen of the Newspaper World at **Sing Tao Daily** saw it, she would surely be pleased to find a like-minded friend.
Of course, Xia Yu also noted down the other responsible parties for retaliation. Tian Wu Securities and Wu Chengtai had been ruthless. Although they had acted as financial benefactors for Xia Yu, it was only because Xia Yu was capable of turning them into such benefactors. For ordinary people, Tian Wu Securities would be a merciless predator.
Even though they had provided Xia Yu with funds, they deserved it!
But since they dared to scheme against him and colluded with the **Oriental Daily**, Xia Yu could not forgive them.
Those who do wrong must face consequences! This has always been the way, through the ages!