Chapter 48: The Market Value of Held Wharf Holdings Shares Exceeds One Hundred Million (Please keep reading)

Over the next few days, just as the market widely anticipated, Wharf Holdings became the hottest focus in the Hong Kong stock market, with its price movements far exceeding most people's imaginations.

Despite closely monitoring every slight fluctuation in price and trading volume of Wharf Holdings, Lin Haoran's team did not rashly enter this fierce battle.

The reason was that their current capital stood at only about 10 million HKD, which was undoubtedly a drop in the bucket for stirring up waves in this capital feast of Wharf Holdings; it would be difficult to create any substantial ripple.

The Wharf Holdings stock was no longer what it used to be; with daily trading volumes exceeding 100 million HKD, Lin Haoran no longer even had the qualification to stir up trouble.

It would be better to save the funds to continue acquiring shares of Tsinghua Porcelain.

On Tuesday, market enthusiasm reached an unprecedented high, and Wharf Holdings' performance was particularly eye-catching. Its unit price soared straight from 40.8 HKD at the opening to a staggering high of 56.9 HKD per share. Ultimately, at the close, the final transaction price held firm at 56.2 HKD per share. The market's frenzy and volatility drove all investors into a madness.

Entering Wednesday, although the rate of increase slowed, Wharf Holdings maintained its strong momentum, with the high price once climbing to 61.2 HKD per share.

However, by Thursday, market sentiment underwent a subtle shift. Some more rational investors felt the stock price was already high, and to prevent a major crash later, many chose to sell. Consequently, after touching a high of 62.9 HKD per share, the price of Wharf Holdings retreated slightly, eventually closing at 60.3 HKD per share. This adjustment seemed to signal that the market was gradually returning to rationality. This day also allowed both the Bao family and the Jardine Matheson group to take advantage of the situation to snap up a significant number of shares.

On Friday, the market was ignited once again by rumors, and Wharf Holdings welcomed a new round of skyrocketing prices. The stock price jumped directly from around 60 HKD, even breaking through the 72 HKD per share mark at its peak. At the close, the final transaction was completed at 70.8 HKD per share, bringing an end to this week's frenzied market.

Amidst these shifting tides of the stock market, although Lin Haoran did not participate directly, he witnessed the breathtaking volatility of Wharf Holdings as an onlooker, as well as the intense capital struggle between the Bao family and the Jardine Matheson group.

The intensity of this commercial war not only gave him a profound understanding of the volatility and unpredictability of the stock market, but also allowed him to witness the cruel competition, strategic maneuvering, and conflicts of interest in the business world.

Watching the stock price continue to climb, Lin Haoran's mood became increasingly pleasant.

If he were to sell the shares he held today, he could instantly cash out 100 million HKD.

His total investment in Wharf Holdings was only a mere 40 million HKD, and now his profits had far exceeded expectations, achieving his vision of doubling his investment.

Originally, during the most intense period on the final day, Friday, Lin Haoran had hesitated as to whether he should sell all these shares.

After all, once the transaction was completed, a massive fortune would fall securely into his pocket, adding more chips to his commercial war against Li Jiacheng.

But on second thought, even with this 100 million HKD, he might not be able to buy many Tsinghua Porcelain shares in the end. After all, Li Jiacheng had already entered the fray, and the opponent's capital was far greater than his own; his team simply could not compete with Li Jiacheng's team.

If there were enough sell orders in the stock market, he wouldn't be afraid; he could simply use large amounts of capital to buy up 51% of Tsinghua Porcelain, and no matter how powerful Li Jiacheng was, there would be nothing he could do.

The problem was that there were not many sell orders for Tsinghua Porcelain in the market.

Therefore, it was better to wait for an opportunity where he could both sell Wharf Holdings at a high price and make the "King of Shipping" Bao owe him a favor.

Once the King of Shipping could dissuade Li Jiacheng from coveting Tsinghua Porcelain, Lin Haoran could easily take control of the company.

Judging from the intense confrontation between the Bao family and the Jardine Matheson group, this competition seemed unlikely to reach a conclusion in the short term. Both sides were determined to seize as many Wharf Holdings shares as possible; thus, a war of attrition was inevitable.

The reason was that the shareholding of Wharf Holdings was extremely dispersed, and combined with the company's massive total market capitalization, concentrating enough shares in a short period was as difficult as climbing a treacherous peak.

Both sides required patience and strategy, using long-term positioning and maneuvering to gradually approach their respective goals.

Thus, Lin Haoran was not afraid that Wharf Holdings would crash again soon; based on the data he had collected, it was basically impossible in the short term.

As for Tsinghua Porcelain.

During the trading sessions from Tuesday to Friday, Lin Haoran keenly noticed that because both sides were relatively restrained in their process of absorbing shares, the stock price of Tsinghua Porcelain did not rise significantly, but instead hovered steadily between 5 HKD and 5.2 HKD per share.

This stagnation in stock price, against the backdrop of both sides' cautious operations, directly led to a gradual decrease in retail sell orders for Tsinghua Porcelain in the market, as there was insufficient momentum to drive an increase in trading volume.

Taking today, Friday, as an example, the total trading volume for the entire day barely reached about 700,000 shares, a figure that appeared particularly sluggish compared to previous days.

Looking back over the past four days, from Tuesday to Friday, although Lin Haoran's team worked tirelessly, they only successfully purchased 1.068 million shares at an average transaction price of 5.11 HKD per share.

This achievement, had Li Jiacheng not yet intervened in the market, would likely have been easily accomplished in less than two days.

In contrast, Lin Haoran inferred from market trends and public information that Li Jiacheng's team had likely absorbed more than 1.5 million shares of Tsinghua Porcelain within these four days, demonstrating powerful financial and team strength.

Of course, given the current state of the stock market, it would certainly be impossible for Li Jiacheng to rely on market absorption to acquire more shares than Lin Haoran held without several months of time.

After all, regarding the sell orders for Tsinghua Porcelain, if they did not increase the price to absorb them, the available orders in the market would only become fewer and fewer, and they wouldn't be able to buy even if they wanted to.

It remained to be seen when Li Jiacheng would make up his mind to raise the price to absorb them.

However, based on Li Jiacheng's past actions, he generally would not reveal his target until he was certain of absorbing a sufficient share of the stock.

If Li Jiacheng continued this way this time, then the time left for Lin Haoran would still be ample.

The only fear was that he might secretly acquire a portion of the shareholders' stock, thereby achieving an overtaking maneuver on the curve.

At this point, combining Lin Haoran's recent operations with those from the past month, he had accumulated a total holding of 10.104 million shares of Tsinghua Porcelain. This number was not only an affirmation of his investment strategy and execution but also marked that Lin Haoran's shareholding in Tsinghua Porcelain had officially broken through the important threshold of 20%.

This was undoubtedly a milestone worth celebrating, representing that he had already secured a seat in this stock market game.

If he were to leak this news to the board of directors of Tsinghua Porcelain, they would surely invite him to become a board member.

However, for now, Lin Haoran was not yet ready to make the news public.