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Chapter 428: Thunder Strike, Who is the Man Behind the Scenes?

As the stock market opened, the acquisition activities of the Swire Group quietly began.

After the stock market opened, the trading team of the Hong Kong Land Group acted quickly. Using advanced trading strategies and sufficient funds, they began to buy a large number of shares of the Hong Kong Telephone Company.

Due to their thorough preparation in advance, they reacted to the market extremely quickly and cleared out all the pending orders in the stock market quickly before many investors could react.

During this period, people in Hong Kong's stock market were more inclined to buy stocks of listed real estate companies, so the stock prices of those real estate companies rose very rapidly. The total market value of many Chinese real estate companies even made it into the top 30 of listed market value.

Companies like Cheung Kong Holdings and Carrian Group have even made it into the top ten.

Although the share price of Hong Kong Telephone Company has been rising steadily, not many investors or market makers are paying attention to it.

You know, during the peak period of Hong Kong Telephone Company, it was ranked around tenth among Hong Kong's listed companies. Now it has fallen out of the top 30. It is conceivable that its performance has indeed been very mediocre during the Hong Kong bull market in the past two years.

Therefore, after the team from the Swire Group entered the market, almost all investors failed to react. Too few people paid attention to the stocks of Hong Kong Telephone Company.

Under the operation of the Hutchison Whampoa Group's team, in less than five minutes after the stock market opened, almost all orders below HK$30 per share were absorbed by Hutchison Whampoa Group.

Nearly 15 million shares were taken over by the Jardine Matheson Group.

Even Ma Shimin, who was in charge of the rear area, could not have expected this.

It went so well.

It is worthy of being called a thunder strike!
This amount is enough to catch up with the number of shares held by the largest shareholder of Hong Kong Telephone Company today.

The most important thing is that the amount absorbed is actually more than the pending orders counted before the opening.

The reason, of course, was that some shareholders of the Hong Kong Telephone Company placed new orders after the market opened.

In fact, many investors are just placing orders for these nearly 15 million shares for fun and do not think that their orders will be traded.

After all, the market price is only around HK$26 per share. If it is listed at HK$28, HK$29 or even HK$30, they don’t think it will be traded in a short time.

At the rate at which the share price of Hong Kong Telephone Company was rising, it would probably take several months for the price to rise to HK$30 per share.

The actions of the Swire Group completely caught all shareholders off guard.

No one even reacted.

All of a sudden, all investors' eyes were on the Hong Kong Telephone Company, a company that did not have a very high presence in the stock market.

At the same time, the management and shareholders of Hong Kong Telephone Company began to pay close attention to the development of this situation.

No one knows who is the person behind the scenes who suddenly absorbed so many shares of Hong Kong Telephone Company?
The management was also extremely nervous and held an emergency high-level meeting because they knew that once the person behind the scenes successfully acquired enough shares to become the company's controlling shareholder, the company's business strategy and management structure would likely undergo major changes.

But faced with this situation, even if they held a meeting, it would be of no avail.

After all, they are just professional managers, or to put it bluntly, they are employees and have no right to influence the company's listing.

Just when everyone thought that someone must be eyeing the share price of Hong Kong Telephone Company, a fierce takeover battle would follow.

At this moment, many shareholders who held shares of Hong Kong Telephone Company were thankful that they did not put their shares on the market. Now, they should be able to make a profit.

They believed that as long as someone really wanted to acquire the shares of Hong Kong Telephone Company, the stock price would definitely rise to a certain level.

Although they can't eat meat, they can still drink the soup.

However, what was unexpected was that after all the orders were cleared, the stock market of Hong Kong Telephone Company suddenly became quiet.

People kept putting up their own Hong Kong Telephone Company orders, and the prices were naturally higher, all above HK$30 per share. Some greedy people even put the prices at HK$40 or even HK$50 per share.

They want to take a chance, and if they succeed, they will make a profit.

But what they didn't expect was that after those orders were executed, the stock purchase orders of Hong Kong Telephone Company were not continuously bought up as everyone expected, and the stock price continued to rise.

Absolutely not.

Although the number of pending orders continues to increase, the trading volume seems to have remained stable.

Until 10:30 in the morning, the Jardine Matheson Group had not made any further purchases.

Only some people who thought that the stock price would rise took the risk and bought up a lot of shares. They almost bought up all the shares of Hong Kong Telephone, which were priced at more than HK$30 per share. The trading volume of this wave reached more than three million shares.

However, the buyers of these more than three million shares soon regretted their purchases.

They kept an eye on the share price of Hong Kong Telephone Company.

But the stock price did not skyrocket.

Not to mention HK$40 or even HK$50 per share, even HK$35 per share could not be broken. On the contrary, the share price of Hong Kong Telephone Company gradually stabilized after a brief fluctuation, and even showed a downward trend.

Soon, it was 11 o'clock in the morning.

At this time, the share price of Hong Kong Telephone Company had fallen again to below HK$30 per share, and the latest transaction price was HK$29.8 per share.

Moreover, the stock price seems to be still falling.

Especially those shareholders who bought more than three million shares, they all have a feeling of regret at this moment, they should not have been greedy!

These buyers began to feel anxious. They had expected to make quick profits by chasing the rise, but reality hit them hard.

There was a lot of discussion in the stock market, and people were speculating why the person behind the scenes suddenly stopped after clearing a large number of low-price orders.

Some veteran stock investors, looking at the large circle of stock investors surrounding them, began to share their views, thinking that this might be a strategy of the people behind the scenes, intending to observe the market's reaction through a silent period, while creating psychological pressure on those investors who wanted to follow the hype.

They were right, but it didn't help.

Because the share price of Hong Kong Telephone Company fell instead of rising.

Investors simply cannot bear this kind of psychological pressure.

Many stock investors were at the stock exchange. They bought into the stock because they noticed that the share price of Hong Kong Telephone Company had suddenly risen.

But now, I regret it.

But there's no use regretting.

After all, it's already bought.

Now, they just want to know, what to do in this situation?
Sell ​​off?

Wouldn't that be blood loss?
Not selling?
What if the stock price doesn’t go up? Wouldn’t they be stuck with a lot of money?

The investors who purchased these more than 3 million shares are not the type of investors who hold shares for the long term. Instead, they are the type of investors who like to make short-term profits.

If they are lucky, they can indeed make a lot of money, especially in today's bull market.

But they all have one thing in common, which is their weak ability to withstand stress.

Seeing that the growth rate of Hong Kong Telephone Company's transaction volume was slowing down, and eventually there might not be a transaction for several minutes, they became even more panicked.

The management and shareholders of Hong Kong Telephone Company were equally anxious. They were eager to know the real intentions of the person behind the scenes.

However, no matter how anxious I was, it was of no use.

Because before the Jardine Matheson Group announced its identity, no one knew that the person behind the scenes was actually the famous Jardine Matheson Group!

As Hong Kong Telephone Company's share price continued to decline and trading volume decreased sharply, anxiety in the stock market grew.

Those investors who had bought in pursuit of rising prices began to panic. They gathered in corners of the four major stock exchanges, discussing countermeasures in low voices. A sense of depression and uneasiness filled the air.

"What is going on? What the hell is the person behind this doing?" A stockholder slammed the table in anger. His face was ashen, and it was obvious that he could no longer bear the pressure brought by the falling stock price.

"Yeah, what exactly do they want to do? Are they going to give up the acquisition?" Another shareholder also joined the discussion, his eyes full of confusion and anxiety.

"Give up the acquisition? That's unlikely. The person behind this has absorbed so many shares at once, nearly 15 million shares, which is almost the same as the shares held by the current largest shareholder of Hong Kong Telephone Company. In this case, the other party should be aiming to acquire Hong Kong Telephone Company. I don't think they will give up easily." An old stockholder who seemed quite experienced shook his head, trying to calm everyone down.

"But they remain silent and the stock price keeps falling. How can we small shareholders bear it? If it goes on like this, we will be trapped!" A middle-aged shareholder said anxiously, his eyes revealing helplessness and despair.

The reason why I bought the stock of Hong Kong Telephone Company was because I hoped it would rise sharply. But why was the result different from what I imagined?

"I think the other party may be waiting for some opportunity, or testing the market's reaction." Another young investor expressed his opinion.

"Testing the market reaction? Then why did they choose Hong Kong Telephone Company? Although this company is stable, it doesn't have any particularly outstanding highlights." A female stockholder asked doubtfully.

Although the revenue and profits of Hong Kong Telephone Company are stable, they are difficult to compare with the huge profits of the real estate industry in recent years, where the annual profit growth can often double or triple.

After all, most investors enter the stock market not just for the dividends of listed companies.

The vast majority of investors enter the stock market with the dream of making more wealth, and dividends are obviously unable to satisfy their ambitions.

They are more eager to obtain greater profit margins through the strategy of buying low and selling high.

However, reality is often disappointing. Many stock investors eventually become "leeks" harvested by the market, just like those leeks that still grow tenaciously after being harvested, constantly rising and falling in the wave of investment. (End of this chapter)

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