Female Novel
Chapter 550
Chapter 550: Waiting for Bao HwaTranslator: Lonelytree Editor: Millman97Bao Hwa’s reputation that they’d gained earlier disappeared once more. In fact, the damage was even bigger this time.
Xi Empire doubled their purchase every time while Bao Hwa only matched the price. The comparison was unflattering for BaoHwa.
Regardless, everyone waited with bated breath to see whether Bao Hwa would continue this contest. The only people who weresaddened by this were those who let go of their shares too early.
Why couldn’t they have been more patient? They had lost so much!
Those still possessing Bao Hwa and Xi Empire’s stock held onto them like dear life, who knew whether the price would stillincrease or not?
At least those having Xi Empire’s stock didn’t dare to sell them so easily anymore, because they were waiting for Bao Hwa toapproach them with a higher price. On the other hand, some with Bao Hwa’s stock were willing to sell, because they were afraidthis was going to be the highest offer. They were afraid they would end up with nothing because of greed.novelbin
However, greed was part of human nature...So many were waiting with the question, Bao Hwa, when are you going to increase your price to purchase Xi Empire’s stocks?
Xinghe and the rest too were waiting for Bao Hwa’s next move. Xia Zhi had been following the contest for the past few days; hewas like a happy baby, completely entertained.
“This time they must be dumbfounded. We went for five times the price; they must be pooping their pants now!”Even Ali’s group followed the development closely alongside the rest of the country.
Sam smiled wickedly. “I’m sure they won’t dare to continue this anymore. Five times the market price is not a small number. Theywill go bankrupt if they continue this fiasco.”
“Xinghe, do you think they will follow up?” Ali asked.Xinghe nodded. “They will.”The room was shocked. Xia Zhi didn’t believe it. “That's unreal, where will they get the assets to do that?”
Bao Hwa might have been rich, but Xi Empire’s stock price was the highest it had ever been. Five times the price was a scarynumber. The total of the smaller shareholders that were willing to sell was tens of billions.
For the argument’s sake, let's put the price at twenty billion, if Bao Hwa wanted to buy them all, they had to produce at least onehundred billion!
Such an amount would definitely make Bao Hwa end up in heavy debt.Xinghe smiled. “Raising the price doesn’t mean that they will buy.”
Cairn understood immediately. “They just want the PR, if someone really approaches them to sell, they will come up with all sortsof reasons to stall.”
“Naturally, not only that, the purpose they’re doing this is to suppress Xi Empire, to create the mirage that Xi Empire was on itsway down,” Xinghe elaborated.
“Then we can do the same thing!” Xia Zhi smiled smugly. “We will also raise the price but not buy.”“That’s right, we too can do the same thing.” Ali nodded in agreement.Xinghe shook her head. “But I’m really going to buy some.”
The room was lost. “Sis, why wouldyou want to buy their stocks? ThatLin Jing had in het hans thirty oepergentharthe s ocks, even after solong, we've only managed to get 5percent, we will not surpass her,” XiaZhi pointed out. The content is onNovelDrama.Org! Read the latestchapter there!
“Xinghe, you really want to buy alltheir stocks at suc rsleyatedi| |
p ice?” Sar froWine and said, “Thetrade-off is not worth it.” The contentis on NovelDrama.Org! Read the latestchapter there!
Xinghe shook her head. “I’m not buying all of them, only another five percent.” “But why?”Xinghe smiled. “You'll know soon enough.”
Fine, they didn’t know anything aboutbusiness, so ie chog@tobdlieVeher. gh&rust/h ve her own reasons..The content is on NovelDrama.Org!Read the latest chapter there!