Chereads / Rebirth:The Financial Giant / Chapter 70 - Chapter 71

Chapter 70 - Chapter 71

[Heavy! Tiansheng Capital has raised the number of Anshi Group to 15% for three consecutive times, intending to swallow this giant with over 500 billion assets? ] - "Dongcai Express"

[Antian equity dispute, what exactly is being fought over? ]——[The Paper]

[Three times in the month, the holdings increased rapidly by 15%. Tiansheng Capital has already seen its fangs. I am afraid that the comers are not good. How will Anshi Group deal with this malicious invasion of capital? ] - "Phoenix Finance"

The "Antian War" continues to dominate headlines, becoming the most discussed event in the capital market. Media outlets are intensifying coverage, and the public, even those not usually interested in financial news, are captivated by the ongoing saga.

As speculation heightens, the industry is abuzz with theories, and the involvement of Chaoyun Trust is raising eyebrows. Questions about Chaoyun's role as a potential mastermind behind the scenes are circulating, given its significant investment in Tiansheng Capital shortly before the latter targeted Anshi Group.

While Tiansheng Capital appears formidable against the relatively new Chaoyun Trust, Anshi Group, which has a more established position, is seen as a more evenly matched opponent.

Despite the growing speculation, Chaoyun Trust remains silent throughout the process, realizing that speaking out might not alter the course of events and could potentially complicate matters.

With the spotlight turning to the equity structure of Anshi Group, public data reveals a delicate balance. The Anshi family holds 15.15% of the total share capital, making them the largest shareholder, with Tiansheng Capital holding at least 15%, securing the second-largest shareholder position. The slim 0.15% difference makes the Anshi family's position as the largest shareholder vulnerable to change.

However, insiders emphasize the Anshi family's robust control, thanks in part to Huijing Real Estate, the second-largest shareholder of the former Anshi Group, holding 4.57% of the shares. The close cross-shareholdings between Anshi Group and Huijing Group create a strong alliance, with the two entities jointly holding 20.07% of the shares.

The "Antian War" remains far from resolution, and the public continues to eagerly await updates on the unfolding events.

After the weekend, Monday, August 3, marked the beginning of a new trading week. Anshi Group's stock opened strongly, hitting the daily limit right away. Following this, the stock experienced nearly 10 consecutive days of adjustments.

On the second day, the bullish trend continued as the stock opened high, closing at the daily limit by the afternoon. At this point, Anshi's shares had reached 24.21 yuan, boasting a cumulative increase of 66.96% for the year, with a total market value of 382.518 billion yuan.

The comment section for Anshi Group's stock was buzzing with activity:

"I'm eagerly waiting for the three boards tomorrow. Last time I raised a card, it was three consecutive boards. This time, I'm counting on another three boards!"

"One brother is delivering real results, not deceiving us."

"An's Group saved my investments. In June, I faced a 60% loss, but heavy investments in Anshi's shares in July brought me a 48% profit, recovering my losses from the first half of the year. It was a lonely journey."

"I faced significant losses in June, and Anshi Group literally saved me. Luckily, I refrained from allocating more funds, or else I would have been in real trouble."

"One brother knows how to play the game!"

"With big players in action, retail investors like us are all in. Opportunities like these are rare!"

"Yeah, I also joined the ride during the previous surge. It used to be a game of snipe or be sniped, a tough game."

"Stock gods, can An shi keep up this momentum?"

On Wednesday, August 5, at Anshi Group headquarters, An Jinhong briefed his father, An Qilong, on their progress:

"Father, Huijing Group has agreed to our suggestion. In the next five to eight working days, they'll sell all 722 million shares they hold in the secondary market. Additionally, our internal employees holding about 2.2%, or around 347.6 million shares, will also be fully sold this week."

An Qilong nodded, emphasizing the importance of avoiding legal loopholes. The plan was clear: manipulate the market, drive down the stock price, and induce Lu Ming to liquidate his position.

The An family had a concentrated capital advantage, internal information advantage, and management advantage to achieve sustained changes in the secondary market—a clear attempt to manipulate stock prices.

On that day, Anshi Group opened higher at 25.42 yuan, about 5% higher. However, within a minute, the stock made an upward move, only to plummet after hitting 25.98 yuan.

Significant selling pressure was evident, with insiders in the company swiftly offloading shares. Tradable shares of Anshi Group accounted for 82% of the total share capital, and the ban on all these shares had been lifted. Only the Anshi family's portion remained untradable.

Executives were happily selling, making a substantial profit on their 3 million positions, and the chips in their hands were ready to be cashed in.

As the stock price dropped, the plan was to buy it back at a lower price. This was undoubtedly inside information.

Despite the overwhelmingly bullish sentiment at the opening, the stock quickly retreated after reaching a high in early trading, turning green around 10 o'clock.

This unexpected reversal left small and medium-sized investors, who had entered the market collectively, bewildered. The selling orders overwhelmed the market, and the following strength was insufficient. The funds that had come in with high expectations found themselves running for the exit.

These funds, initially looking for a quick speculative gain in the "placard concept," had always been prepared to press the button and exit.

Technically speaking, Anshi Group's recent stock price trend followed a standard main rising wave pattern. The three placards from Tiansheng Capital corresponded to potential accumulation and passive placarding to test the market. The "placard-raising concept" of this shining brand had been continuously rising, representing the most powerful upward movement.

After about ten days of consolidation, Tiansheng Capital raised the placard for the third time, initiating another upward movement. However, this surge was noticeably weaker, with the upward momentum gradually fading.

As the stock price increased, the percentage gains became less substantial. The cost of sustaining this rise was escalating. The situation now indicated that the long and short sides of the market had been engaged in a game for about half an hour, and the long side had finally lost. The short side gained a significant advantage, as reflected in the intraday trend of Anshi Group's stock.

Retail investors expressed their concerns in the comment section:

"It's crashing! Dark clouds are looming again. Run, my friends, run!"

Profit-making funds swiftly exited, leaving only those who took over at 25.98 yuan, standing guard with uncertainty written all over their faces.