Chapter 160: You're cunning, but I'm even more cunning!
First it was the Jintetsu Group, controlled by Jiang Jin, and now this Xia Lian Group has appeared!
Who exactly is the Xia Lian Group?
It's one of the giants of the domestic manufacturing industry!
Although it has weakened somewhat in recent years due to various reasons, even a fallen camel is bigger than a horse; its strength should not be underestimated!
What's worse, Elliott and the Xia Lian Group are sworn enemies!
Back then, they turned the Xia Lian Group's businesses upside down!
The feud between them is no less significant than that with the Jiang Jin Group!
To put it bluntly, looking across the entire Xia Country, there are very few large, reputable corporate groups that haven't had a grudge against Elliott!
"First Jiang Jin, then Xia Lian… this… this is just too damn weird!"
The hook-nosed man's voice trembled slightly.
On the same day, at the same time, so many "major positive news" targeting a dying company were released—is that even possible?!
This is utterly illogical!
Even a fool would know this couldn't possibly be some kind of bullish news!
These so-called "positive news" look like nothing more than a fabricated smokescreen!
Who would be foolish enough to throw money wads of cash into a sinking ship like Xia Hua Shipping?!
Are they just burning money?!
Unless… this is a setup!
A meticulously planned… deadly setup targeting Elliott!
Beep beep beep beep beep—!!!
The stock price alarm had turned into a piercing buzz, like the grim glint of death, echoing in the ears of every Elliott trader!
"No! No! Stop rising! Stop it!!"
The hook-nosed man, seemingly insane, roared at the screen like a gambler who had lost everything.
However, the market never heeds the cries of the defeated.
The retail investors and those who followed the trend were already blinded by this sudden "major positive news."
They didn't care whether the news was true or false!
In their eyes, all they saw was that one huge bullish candlestick on the chart, breaking upwards with unstoppable momentum, seemingly about to pierce the sky!
Panic, like a plague, spread through Elliott's trading room...
A bloody massacre against the short sellers had begun!
***
"Damn, this commotion! Anyone who didn't know better would think the national team had intervened to bail out the market."
"Exactly! Look at all the financial media online now, it's like they all agreed to praise Xiahua Shipping! Even their rhetoric is unified!
It's all the same thing over and over: Xiahua Shipping, major positive news! Promising future!"
In Fanghuan Investment's elite trading department, traders stared at the screens filled with red candlestick charts and explosive news feeds, their expressions as varied as if they were watching the World Cup final.
It has to be said, Jiangjin Group's move was truly "bold" beyond everyone's expectations.
Before, everyone was wondering what tricks the bigwigs at Jiangjin Group would use to crush that arrogant Elliott, but they pulled out a royal flush.
Jiangjin Group's chairman, Qin Han, didn't play by the rules at all.
He directly mobilized the overseas giant that the group was currently acquiring—Kintetsu Group.
This move is like playing cards; you think he's building a winning hand, but then he slams his fist on the table and reveals he's built a bomb.
Kintetsu Group, a behemoth spanning railways, infrastructure, department stores, hotels, and many other sectors.
Using it to fabricate a groundbreaking international cooperation deal for Xia Hua Shipping is like using a spiritual bomb to kill a mosquito—the destructive power is overflowing, and the effect is phenomenal!
It instantly creates a massive wave in the capital markets!
Of course, for those truly in the know, it's immediately obvious that this so-called "major positive news" is likely a smokescreen, a pie in the sky.
After all, Kintetsu Group itself still has a mountain of problems to solve.
But so what?
The stock market is all about the thrill, about speculation!
Good news can make even a pig fly; bad news can turn a phoenix into a chicken!
There's no point in arguing.
Logic? What's logic worth?
Back then, Elliott Management managed to destroy Xia Hua Shipping with a barrage of malicious reports and fake news; now, Jiang Jin Group can do the exact opposite.
They'll bribe all media outlets to portray Xia Hua Shipping as a rising star on the verge of meteoric rise!
You play dirty tricks? I'll play even dirtier, making you cry for your parents!
"Chairman Qin's move is both brilliant and cunning!
Bringing in a foreign giant like Kintetsu Group for 'cross-border cooperation'—this story sounds far more exciting than those domestic companies' mutual back-scratching!
For unsuspecting retail investors, the damage is like a nuclear bomb!"
"What's even more outrageous is that Xia Lian Group has gotten involved! This can't be a coincidence, can it?"
"Coincidence my foot! I heard that Xia Lian Group was ripped off by those bastards at Elliott years ago.
Besides, Jiang Jin and Xia Lian are mortal enemies—who in the industry doesn't know that?
For these mortal enemies to join forces like this can only mean one thing…
"It means that Elliott has incurred the wrath of heaven and the people, becoming public enemy number one."
There was a time when Jiang Jin and Xia Lian fought fiercely because of overlapping business.
The grudges and feuds between them could fill three days and three nights of writing.
Although Jiang Jin has developed rapidly in recent years, widening the gap, the historical grievances haven't diminished in the slightest.
The relationship between the two companies is so bad that their executives practically want to kill each other with their eyes.
But this time, for a common enemy, these arch-rivals have surprisingly shaken hands and made peace, standing in the same trench!
Of course, Xia Lian Group's willingness to enter the fray must have involved multiple factors.
Taking down Elliott is certainly satisfying, but the deeper reason is mutual dependence.
If Xia Hua Shipping is truly destroyed by foreign capital today, then Xia Lian itself might be the next target of these hungry wolves.
That's the fate of competitors; they usually hope for each other's demise, but when faced with external invasion, they know better than anyone that banding together is the only way to survive.
"Plus, our domestic retail investor army is formidable.
'Save our national industries, crush Wall Street!'
These kinds of passionate posts are going viral on various forums and chat groups!"
Countless retail investors, caught up in the hype, responded to the call, buying in droves, single-handedly driving up the stock price!
At this moment, Xia Hua Shipping's stock price, nearly hitting the daily limit up, firmly sealed its gains!
(My darlings, today's three chapters have been posted. Just refresh the page to see them. Love you all!)
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