章節 324: Chapter 324: The Situation is Critical
Although the stock market hadn't opened yet, it was significantly more crowded this afternoon compared to usual. Despite the large number of people, the atmosphere wasn't noisy; it was as if an invisible pressure compelled everyone to lower their voices. This tension became increasingly evident as time passed.
With the sound of the bell, everyone fixed their eyes on the quotation board.
"It's up! HKD 14.8! It opened with a surge!"
"They're really going at it fiercely. It looks like Jiuding Securities and that Galaxy Fund are determined to win!"
"The Jardine Matheson Group won't give in easily either. This is a clash of titans. It's been a long time since I've seen such an intense battle. Come, grab a chair and enjoy the show. I've got some sunflower seeds; who wants some?"
"Give me some..."
"I've got peanuts here; let's set up a table together..."
Soon, someone brought out a table, and a group of people gathered around it, snacking on sunflower seeds and peanuts, watching intently. Others followed suit, and soon the stock exchange was filled with people casually snacking and discussing the unfolding events.
It seems that wherever you go, the Chinese have a knack for gathering and enjoying a good spectacle.
---
At Eddie Securities, Charles and Barton had arrived early. When they saw the opening jump to HKD 14.8, Charles and the others frowned.
The opponent's determination was evident! To gain an advantage and scare off the competition, they had set a purchase order at HKD 14.5 per share, 0.5 higher than the morning's closing price. But the opponent was even more aggressive, setting it at HKD 14.8.
Instead of intimidating the opponent, they were the ones who got spooked!
"Keep grabbing shares!" Charles gritted his teeth and instructed Eddie.
"Charles, this isn't sustainable. It's extremely difficult and costly to secure shares from the market. At this rate, even with our HKD 100 million, we won't be able to ensure a controlling stake," Barton Hardman said worriedly.
Charles' face darkened at Barton's words. He understood this all too well, but the situation was pressing. The opponent already had enough shares to pose a significant threat. If they didn't compete, and allowed the opponent to continue buying shares unchecked, they would soon have enough to become the largest shareholder, which would be a huge problem!
Right now, the opponent was already the second-largest shareholder, fully entitled to call a board meeting and reallocate positions. Charles Keswick was relieved that they hadn't made that move yet; otherwise, things would be even more troublesome!
"It seems we'll have to target the other shareholders. But those directors are hopeless! They don't have the money when asked, and they make excuses when called to the company. What could be so important? They must be hiding something!" Charles thought angrily.
"No, I need to secure their shares!" Resolving this, Charles instructed Barton Hardman, "Barton, keep an eye on things here. I'm going to negotiate with the other shareholders!"
Barton, understanding Charles' intention, nodded heavily. "Got it, Charles. Make sure it works!"
Charles nodded and quickly left Eddie Securities.
---
"Ring... ring... ring..."
"This is Charles... What? You're apologizing? Damn it!"
*Click!*
Charles hung up the phone with a furious expression, his chest heaving like a bellows. He was about to explode.
A small shareholder, holding 3.5% of the shares, had just informed him that he had sold his shares. The buyer, of course, could only be Xia Yu's side!
Including the shares Xia Yu's side had disclosed in the morning, the opponent now held 33.1% of the shares, just 2.74% short of their 35.85%!
Considering the shares the opponent might have bought in the morning, the gap could be even smaller than 2.74%!
"No, Curtis wouldn't sell his shares to them. It's safer to buy his first."
With that in mind, Charles immediately set off to find Curtis.
---
Meanwhile, the small shareholder who had first received Charles' call could only sigh helplessly after Charles angrily hung up.
"I had no choice. They offered to exchange shares in my company for these; how could I refuse?"
"Ah, it's so frustrating. When gods fight, mortals suffer!"
This small shareholder had initially been pleased, ready to sell his shares at a high price to either Charles or Xia Yu. But after receiving a call from Jiuding Securities, he could no longer smile, even looking despondent.
Jiuding Securities didn't hesitate—they directly offered 13% of his company's shares in exchange for his 3.5% stake in Jardine Air Cargo Terminals. Could he refuse? Dare he refuse?
If he refused, Jiuding Securities' 13% stake in his company would become a knife to his throat. Faced with the choice between offending Jardine or Jiuding Securities, he chose to offend Jardine.
After all, offending Jardine might cause problems down the road, but offending Jiuding Securities would bring immediate disaster. A securities company worth over HKD 10 billion targeting his HKD 100 million company? He'd be crushed!
So even though the 3.5% stake in Jardine Air Cargo Terminals was valued at only HKD 10.2 per share, making it a loss, he had to accept the deal.
When someone has you by the throat, you have no choice but to comply!
"Ah, what a mess, what a mess!"
---
Soon after, Galaxy Fund, in partnership with Jiuding Securities, announced that they now owned 33.3% of Jardine Air Cargo Terminals and reiterated their determination to secure the company.
This news spread through the stock market instantly, and many couldn't help but cheer loudly. They then turned their attention to Jardine Air Cargo Terminals, or rather, the Keswick family, eager to see how they would respond.
The onlookers weren't disappointed. Within ten minutes, Jardine Pacific announced that they held 40% of the shares, with their spokesperson declaring that Jardine Air Cargo Terminals was untouchable!
The pressure was now back on Xia Yu's side.
The game of chess continued! Xia Yu's side wasn't about to let the onlookers down. Soon after, Jiuding Securities responded, declaring that they now held 36.7% of Jardine Air Cargo Terminals and reiterated that they would not fail!
This determination was reflected in the stock market, where, by the end of the afternoon, the stock price of Jardine Air Cargo Terminals had been driven up to HKD 19.9, eventually closing at exactly HKD 20.
In one day, the market value of Jardine Air Cargo Terminals had doubled!
But despite the doubling of the stock's value, Charles felt no joy—only extreme anger and even a hint of panic.
Because Jardine Pacific didn't actually hold 40% of the shares; they only had 38.5%, just 1.8% more than Xia Yu's side. The situation was extremely critical!
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