章節 349: Chapter 349: Old John Loses His Composure
With his command given, the staff, who had been prepared, immediately sprang into action to execute General Manager Linsen's orders.
Soon, another large sell order appeared in the stock market. The Yihe staff wasted no time and quickly bought up the shares.
Another large sell order emerged!
Many stakeholders' faces changed immediately, sensing something unusual. Their anxiety and suspicion grew stronger!
Some more pragmatic investors and institutions, unwilling to take risks, quickly began to act, seeking to cash out and exit.
As time went on, the large sell orders from Yining Home Furnishings, Lifa International, and Fuda Industries caused their stock prices to halt rising. The news spread rapidly, and soon everyone at the exchange was aware.
The word quickly spread outside.
"This is bad; it must be Galaxy Fund liquidating their holdings. We need to pull out immediately!"
"The stock price has peaked; we should run!"
...
Some alert and quick-thinking individuals immediately considered this possibility and acted swiftly!
Xia Yu had anticipated this situation. To cause more trouble for Yihe and trap their funds, Xia Yu had cunningly arranged for Wang Qi to leak the information about selling his own stocks.
With news coming from Jiuding Securities, those holding stocks, whether institutions or individual investors, could no longer sit still and rushed to place sell orders to cash out.
Naturally, the Yihe operations team suddenly saw an increasing number of sell orders coming through. The stock prices fluctuated wildly and even showed slight declines.
"President, there are many sell orders on the market. The situation seems off!"
"President, the same here. Should we continue acquiring?"
"President…"
With one team leader reporting, the others quickly chimed in, making the operations room quite noisy.
Niu Bijian furrowed his brows tightly, realizing that something had indeed gone wrong!
"Ring, ring, ring…"
At this moment, the phone on the desk suddenly rang urgently. A responsible person immediately answered the call. After a few seconds, their face changed dramatically. Without hanging up, they reported to Niu Bijian.
"President, we've received news that Galaxy Fund has completely liquidated their holdings and even leaked the information deliberately to create panic."
Niu Bijian's face darkened immediately. He quickly walked to the phone and grabbed it.
"This is Niu Bijian. What's going on?"
"President…"
Niu Bijian listened silently, his face as dark as water. After a while, he hung up the phone without saying a word.
The atmosphere in the operations room grew heavier. Some employees who were placing sell orders had unconsciously slowed down, frequently glancing at their team leaders.
Realizing the seriousness, the team leader responsible for acquiring Fuda Industries' stock mustered the courage to ask with concern, "President, should we continue acquiring?"
Niu Bijian glanced at him and then asked the other employees, "How are the stock prices?"
"President, the prices are falling, and the number of sell orders is increasing…"
An employee quickly reported.
"Fuck!"
Niu Bijian cursed inwardly, feeling overwhelmed by the situation.
This was a big problem!
He took a deep breath, made a firm decision, and said in a deep voice, "Continue buying and stabilize the stock prices. Acquire as many shares as possible until there are no more sell orders!"
"Yes!"
With his command, all employees hesitated no more. They immediately intensified their buying efforts, continually absorbing the sell orders.
Although their stock holdings increased, Niu Bijian couldn't feel any joy. He felt trapped!
Galaxy Fund was clearly targeting and extorting them, creating a major headache!
Galaxy Fund could have just exited, but they also created further damage by publicly announcing their liquidation stance, clearly signaling to investors that the stock price had peaked and encouraging them to cash out!
The consequence was that some naive investors, after understanding this, immediately placed sell orders to exit.
But this placed all the pressure on Yihe!
Should they continue buying?
With Galaxy Fund's withdrawal, the company's safety was ensured, and their shareholding was sufficient. In theory, further acquisitions weren't necessary.
However, this was their own company. If they didn't continue buying, with a large number of sell orders and no buyers, what would be the outcome?
Sellers would lower their prices to cash out quickly, triggering others to follow suit. If the prices continued to drop and no buyers emerged, everything would be exposed. Investor confidence would suffer severe damage, potentially leading to a panic sell-off and a sharp drop in stock prices!
Could Niu Bijian watch their company's stock price plummet?
Absolutely not!
If the stock price fell drastically, the high-priced shares would depreciate, leading to significant losses!
To avoid losses, the only solution was to stabilize the stock price by absorbing all the market stocks, maintaining investor and institutional confidence, and later finding ways to gradually cash out and recover the funds. When prices are low, they could then buy more!
Caught between a rock and a hard place, with immense risks ahead and certain doom behind, Niu Bijian had to decisively choose to preserve the present situation and deal with future problems later!
Xia Yu's maneuver had forced Niu Bijian into a corner, making him proceed forward!
Thus, Niu Bijian felt as if he had ingested something revolting.
Investing funds to buy shares at high prices, with only risks and no benefits, and being trapped with funds—wasn't that distressing?
"I didn't expect to be schemed against. I've let down the chairman's trust!"
Niu Bijian felt deeply guilty.
"This situation no longer needs my oversight for now. I should report to the chairman. Sigh…"
With that thought, Niu Bijian left the operations room and headed to the Keswick family mansion.
...
"Chairman, I'm sorry. I fell for their trick…"
At the Keswick family mansion, Old John sat on the sofa. Niu Bijian slightly bowed and said with guilt.
Although Old John's eyes were dark, he did not blame his capable subordinate, as he hadn't anticipated that Galaxy Fund's actions were purely for extortion.
"You did well. Don't blame yourself!"
Old John said affirmatively to Niu Bijian. If he had discovered the deceit, he would have made the same choice as Niu Bijian.
Hearing Old John's words, Niu Bijian's expression relaxed slightly, and he felt a sigh of relief.
"Chairman, I'm worried that the Chinese kid might have more schemes!"
"This kind of sabotage is extremely irritating. With so many companies under us, if he continues this every time, we'll be passively suffering…"
Niu Bijian didn't elaborate further, but he knew Old John would understand the implication of his words.
Old John's face darkened. His usually calm demeanor became somewhat restless. This was indeed a tricky problem.
Passive responses were ultimately not the solution!
It seemed…
A fierce look flashed in Old John's eyes.
"Ring, ring, ring…"
At this moment, the phone on the desk rang suddenly. Old John snapped back to attention and picked up the phone.
"Hello!"
"…"
"What?"
Hearing his son Charles' anxious report over the phone, Old John's eyes narrowed. He blurted out, his old hands gripping the phone tightly, veins bulging visibly, clearly exerting a lot of force.
Seeing Old John's rare loss of composure, Niu Bijian's heart sank, and a bad premonition lingered in his mind.
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