The Rise of a Hegemon
Chapter 33: An Unsatisfactory Harvest
Lin Haoran's second elder sister spent a warm and fulfilling weekend at the Lin family home, accompanied by her lively and adorable nephew. It was not until the first light of Monday morning appeared that she reluctantly bid farewell to her natal family and set off on her journey home.
At the same time, Lin Haoran had also risen early, determined to devote himself entirely to the challenges of the new day. He was completely unaware of his eldest brother's thoughts or the grand gift he had received.
Even if he had known, he wouldn't have cared; his gaze had long since moved past such trivialities.
Regarding his finances, Lin Haoran currently appeared quite composed.
Therefore, he chose to temporarily keep the three-million-dollar check gifted by his second sister without utilizing it.
Thanks to the thirty-million-dollar loan successfully obtained from Hang Seng Bank, combined with the more than ten million dollars in existing savings in his linked stock account, Lin Haoran's current financial situation was quite ample, and he felt no urgent pressure regarding funds.
This stable financial foundation undoubtedly provided a solid backbone for his subsequent stock accumulation.
"Good morning, President Lin!" It was Su Zhixue's voice. The moment Lin Haoran stepped into the office, it seemed Su had arrived quite early, appearing exceptionally dedicated.
"Good morning, Zhixue. Looking at your energy, I assume you had a very pleasant and relaxing weekend," Lin Haoran responded with a smile.
"My son has recovered quite rapidly during this period; his mental state has completely returned to how it was before the onset of his illness. Therefore, I specifically arranged this weekend to take my wife and son to Lamma Island for a wonderful vacation," Su Zhixue's words overflowed with happiness and gratitude.
He knew that all this peace and hope stemmed from President Lin's timely assistance.
Had it not been for President Lin's generous help, he might still be mired in the predicament of raising the exorbitant surgical fees for his son, living in constant anxiety every day.
It was this kindness that allowed Su Zhixue's life to welcome brilliant sunshine after the gloom.
Consequently, whenever life displayed such a warm and harmonious side, his gratitude and respect for Lin Haoran grew even deeper.
"Alright, let's prepare. We need to step up our efforts with Wharf Holdings; besides us, many large corporate conglomerates have already entered the fray," Lin Haoran said with a smile, checking the time on his wrist.
With the successive entry of the Jardine Matheson Group and Bao Yugang, the rising speed of Wharf Holdings' stock price had begun to accelerate.
Currently, his average purchase price for Wharf Holdings shares was only HKD 23.05 per share. This was due to his keen insight, allowing him to buy in large quantities when the stock price was at its lowest, thereby effectively lowering his overall average cost.
However, it was worth noting that at the close of last Friday, the trading price of Wharf Holdings had climbed to HKD 25.03, showing strong upward momentum.
As various conglomerates accelerated their layouts and active accumulation, Lin Haoran realized deeply that the price of Wharf Holdings stock would inevitably continue to climb, meaning the cost of absorbing the stock in the future would unavoidably rise.
He had long possessed a clear understanding and was fully mentally prepared for this.
"Understood, President Lin. Please rest assured, I will meet today's challenge in my best state!" Su Zhixue responded, his eyes flashing with confidence.
As the melodious bell of the nearby stock exchange rang, marking the official start of the trading day, Su Zhixue immediately threw himself into the intense yet orderly work without the slightest slackness.
Lin Haoran was equally diligent. He utilized this time to continuously learn, gradually accumulating rich knowledge and skills in stock trading.
At many critical moments, he was able to provide strong support and assistance for Su Zhixue's trading through his professional abilities. Together, they moved steadily forward amidst the waves of the stock market.
During the process of accumulating shares in Qingzhou Nickel, everything continued to proceed quite smoothly, as seamless as usual.
However, at Wharf Holdings, the situation had quietly changed.
Su Zhixue and Lin Haoran keenly sensed that with the emergence of competitors, their speed of stock accumulation had slowed significantly, and the challenges they faced were becoming increasingly severe.
Every operation required more caution to ensure they could secure a place amidst the fierce competition.
Finally, when the closing bell of the neighboring stock exchange rang softly, announcing the official end of today's trading.
As usual, after the exchange closed, Su Zhixue began calculating the day's gains.
Lin Haoran, meanwhile, waited quietly, his brow furrowed, clearly dissatisfied with today's trading situation.
Although the final detailed results had not yet been calculated, Lin Haoran already knew that the accumulation speed at Wharf Holdings today had been much slower than usual.
He knew that the subsequent stock price of Wharf Holdings would only continue to rise.
Therefore, this was equivalent to his cost price for future accumulation becoming increasingly high.
The higher the cost price, the less profit he would gain from Wharf Holdings in the future.
That would not do!
Soon, Su Zhixue tallied today's results.
"Boss, let me report today's results to you. Regarding Qingzhou Nickel, we accumulated a total of 488,000 shares at an average price of approximately HKD 5.12 per share, with a total expenditure of about 2.5 million HKD.
As for Wharf Holdings, due to the very intense competition for low-priced limit orders today, we attempted to accumulate multiple times but were unsuccessful, being beaten to the punch by others. In the end, we only accumulated 59,100 shares at an average price of HKD 25.27 per share, with a total expenditure of approximately 1.49 million HKD.
So, our total expenditure today was about 4 million HKD," Su Zhixue reported.
Lin Haoran nodded, having long been mentally prepared.
He actually wanted to sweep away all the limit orders in the market below HKD 30 per share, but they had frequently conducted statistics before; the number of stock orders within this price range was at most two or three hundred thousand shares per day, and sometimes as few as a hundred thousand.
If he adopted such an aggressive approach, the consequences would be severe, as it would directly cause the stock price to surge significantly.
His goal was to hold at least over one million shares of Wharf Holdings, and he was still far from reaching that target.
Therefore, given the limited market orders, he could only adopt a strategy of slow accumulation.
However, the accumulation intensity of his competitors was also gradually increasing, which was indeed a significant problem.
Fortunately, these competitors did not seem willing to drive the stock price up too early, so their acquisition speed was relatively slow.
This gave Lin Haoran the opportunity to continue accumulating.
The only way now was to wait until the accumulation was nearly complete, and then sweep up all the shares within a certain price range in one go.
This process would require him to hold at least around one million shares of Wharf Holdings.
Currently, including today's accumulation, Lin Haoran only held 447,000 shares of Wharf Holdings, leaving a considerable distance to his goal of one million shares.