Novel

The Rise of a Hegemon

Chapter 45: Let the Storm Rage On

At this moment, any hesitation would be fatal, as it would lead directly to them facing even higher stock costs.

Compared to the subsequent surge in Wharf Holdings' stock price, 35 HKD indeed seemed quite cheap.

Since they still held a certain amount of capital, they should utilize these resources fully and without hesitation, investing as much as possible to seize this rare investment opportunity.

At the same time, this would further exacerbate market volatility, making these murky waters even more unpredictable!

Furthermore, their sudden and massive push to drive up the stock price would undoubtedly trigger a strong reaction in the market, sparking widespread attention and heated discussion.

As expected, after receiving Lin Haoran's explicit instructions, Su Zhixue and his team acted swiftly, launching a comprehensive and rapid takeover of all Wharf Holdings shares priced below 35 HKD on the market, leaving none behind.

The market had already been shocked by the opening price surging toward 31 HKD; however, even more astonishing was that in the following less than ten minutes, trading volume experienced another explosive growth, the momentum of which was breathtaking.

The team led by Su Zhixue was focused intently on the intense trading operations.

Meanwhile, as the boss of the team, although Lin Haoran appeared calm and composed on the surface, he could not help but feel a hint of tension in his heart.

He knew that although he had a meticulous plan and full confidence in leading the competition for Wharf Holdings into a white-hot stage, true victory had not yet arrived.

"Boss, let me report the recent transaction details! We just directly purchased 339,000 shares of Wharf Holdings. The market response was intense; the limit orders in the 31 HKD to 35 HKD range far exceeded our estimates. Although a small portion could not be successfully captured, the vast majority have been brought under our command. I have calculated carefully, and the average transaction price for this batch is only 32.73 HKD per share, far lower than our expected price. It is truly an unexpected great victory!" Su Zhixue's voice carried unmistakable excitement and agitation.

In just over ten minutes, they had splashed out more than ten million HKD, totaling a massive 11.09 million HKD. Such trading speed and scale were unprecedented, even for the experienced Su Zhixue during his month of operations.

As for the three newcomers, including Han Zixing, who had just stepped into their new roles on their first day, their excitement was beyond words.

They had never imagined that the starting point of their new jobs would be so soul-stirring—participating directly in such large-scale transactions.

This would undoubtedly become an extremely precious and unforgettable lesson in their professional careers, accumulating rich experience and valuable wealth for their future growth.

"339,000 shares? That indeed exceeded my expectations," Lin Haoran muttered to himself, looking slightly surprised.

Originally, he thought that being able to increase his holdings by an additional hundred thousand shares would already be a very good result.

After all, when he previously attempted to acquire shares below the 30 HKD mark, there were only about 60,000 shares available in that price range, which made him realize the market's caution and conservatism.

"It seems many investors are holding cash and waiting on the sidelines; they seem to be waiting for higher prices before they are willing to act," Lin Haoran analyzed. "And this happens to provide us with an opportunity."

He continued to think: "If I had adopted a step-by-step strategy, acquiring slowly, those hesitant investors would likely have continuously canceled their orders and moved to higher prices due to market sentiment fluctuations. But my sudden and powerful strike directly broke through their hesitation, leaving them no chance to even adjust their strategies."

Overall, this was a good thing.

"Boss, how should we proceed next?" Su Zhixue asked opportunely.

Lin Haoran pondered for a moment and replied, "Temporarily stop further purchases and switch to closely monitoring the stock's price fluctuations."

Looking back at today's trading, it was indeed quite aggressive.

Within the first two and a half hours of the morning, they rapidly secured 156,000 shares of Wharf Holdings;

Shortly after the afternoon market opened, they quickly added another 26,000 shares to their position;

And that final, swift strike directly brought in 339,000 shares, bringing their total purchase for the day to a staggering 521,000 shares of Wharf Holdings.

Moving forward, if Wharf Holdings' stock price could continue to rise as expected, then continuing to chase the buy would be redundant.

The potential profit margin for high-priced stocks was already relatively limited; continuing to increase holdings would not contribute much to improving the overall late-stage returns, as the primary profits would come from the shares purchased earlier at lower prices.

If the stock market could maintain its upward trend on its own without his further intervention, there was no need to increase his position further.

At this time, staying calm and watching the situation unfold would be the wiser choice.

Sure enough, Lin Haoran's strategy acted like a depth charge in the stock market, instantly stirring up massive waves in Wharf Holdings' stock, pushing it to the brink of boiling.

On the side of Jardine Matheson, seeing the Wharf Holdings stock price suddenly soar to the high of 35 HKD, they were instantly thrown into a panic. Their original wait-and-see attitude vanished, and they immediately mobilized massive funds for an emergency entry, attempting to stabilize their position.

The Bao family also felt unprecedented pressure and challenges. The "King of Ships" Bao decisively issued orders to launch a full-scale acquisition of Wharf Holdings shares at any cost.

Both sides knew full well that their current shareholdings were nearly equal; this contest had entered a white-hot stage, and any slight lapse could lead to total defeat, allowing the opponent to seize the initiative and leave them in a passive position.

As the two powerful conglomerates shifted from their original slow, covert absorption to a formal, large-scale market offensive, certain market makers in the Hong Kong stock market keenly sensed a once-in-a-lifetime opportunity and were all rubbing their hands in preparation to make a big move.

At the same time, retail investors and individual traders in the market were also infected by this frenzy, hoping to get a piece of this hot stock, dreaming of getting rich overnight.

As the bell for the market close rang solemnly, the price of Wharf Holdings stock had soared to a staggering 40.8 HKD per share.

Recalling the market opening today, when the price was hovering at just over 27 HKD, the day's gain, while not directly doubling, was rapid enough to leave everyone speechless; calling it "exaggerated" would not be an understatement.

At this moment, a sense of relief and relaxation also welled up in Lin Haoran's heart.

For him, the surge in Wharf Holdings' stock was not just a leap in numbers, but a major victory for his strategic layout, indicating that his subsequent plans would have even more solid support.

By now, the trend of Wharf Holdings' stock had completely moved beyond Lin Haoran's direct control. His initial assistance acted like a catalyst, stirring up massive market waves and achieving the best expected effect.

Standing to the side, Lin Haoran watched with deep eyes as Su Zhixue busily calculated today's fruitful results, feeling exceptionally good.

Please keep reading, please keep reading, please keep reading~

(End of Chapter)