Chapter 286 Escalation of the Situation
Chapter 286 Escalation of the Situation
At this moment, those standing in Liu Qing's office were all top executives of Liu Corporation, especially from the investment, finance, and securities departments. The company's stock affairs were inherently their responsibility.
Soon, staff had arranged seven or eight desks in Liu Qing's spacious office, and people had also brought over their laptops and similar equipment.
Then they all dove into their work with 100% commitment, and the atmosphere in the room instantly became tense and electrifying.
"What's the situation now?"
As everyone took their seats, Liu Qing asked in a grave voice.
"Mr. Liu, the other party hasn't made a move to acquire a substantial share (as explained earlier, this refers to holding 5% of a company's stock).
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"No, Mr. Liu, judging by the current stock price trend, it's impossible that their purchase is less than a 5% stake!"
"Yes, the company's stock price has already risen by 8 points!"
Normally, a rise in stock price would be a cause for celebration, but at this moment, the mood was not one of excitement, but of panic!
Yes, panic, and extreme panic at that!
According to previous instances, this was the other party collecting chips, and once they had gathered enough, they would certainly engage in a mad sell-off in a short time, plummeting the stock price dramatically!@@@@
"It has risen 10 points now!"
Another cry of alarm came.
Just then, a loud "thud" of a door being pushed open sounded, and a man in his forties, his temples already graying, burst in.
The man was none other than Liu Yongyuan, the Family Head of the Liu Family. Usually, Liu Yongyuan exuded an air of refinement and geniality in the presence of outsiders.
But at this moment, his face bore none of that; it was as dark as storm clouds, almost dripping with gloom.
"Father, something's happened!"
Upon seeing Liu Yongyuan, Liu Qing immediately said, his tension easing slightly as if he had found his mainstay.
"I know!"
Liu Yongyuan nodded and said,
"What's the status now?"
"It has risen by 10 points, and it's not clear yet how much stock the other side has swept up. They haven't declared their holdings yet."
Since they hadn't declared their holdings, there was no need for an announcement, so they had no way of knowing how many chips the other side held.
"Chairman, I suspect the other side is operating through multiple accounts, each controlled just below the declaration threshold (5%), but the actual shares they hold are far more than 5%!"
Liu Yongyuan fell silent for a moment, then took out his phone and dialed a number.
"Dial tone..."
This time, though there was no shutdown notice, no one answered after several seconds.
Liu Yongyuan's heart also fluttered with the "dial tone..." sounding, his anxiety reaching its peak.
Just as Liu Yongyuan was about to hang up, a voice came through the phone.
"Family Head Liu!"
Upon hearing this voice, Liu Yongyuan immediately relaxed and took a deep breath, saying,
"Chairman Yu, what is the meaning of this? Why can't any of the office phones be reached?"
"Family Head Liu, logically, I shouldn't even answer this call, but considering our decades of friendship and the significant favor you once did for me, I picked it up."
Chairman Yu sighed from the other end of the phone.
"Chairman Yu, could you clarify a bit more?"
Upon hearing this, Liu Yongyuan's heart tightened again; he realized something serious must have happened!
"Family Head Liu, let me be frank with you. Just before closing time yesterday, someone came to us wanting to buy our Liu Corporation stocks."
"Chairman Yu, after all these years of partnership, you didn't really sell them, did you?"
"We've already sold them because we simply could not refuse the price offered. You know, our company is a partnership; it's not just up to me."
"What exactly was the offer? Our Liu Corporation has been growing rapidly."
"A price you would never expect!"
"And that is?"
"Double! And I heard they also bought Liu Corporation stocks from other institutions."
Upon hearing this, Liu Yongyuan instantly gasped, his mind reeling!
Double, have they gone mad?
You know, Liu Corporation is a company with substantial market value. Even though those institutions altogether held only about 16% of Liu Corporation stocks, that still amounted to a worth of several billion!
Double, wouldn't that be over a hundred billion?!
Who exactly have we offended?
To go such insane lengths to destroy us?
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