"Public auction, aside from revealing the reserve price, they shouldn't be able to play any tricks, right? So, do we just need to find out the auction reserve price disclosed to Hong Yuangui by the court?" Zhao Mingjie asked Liu Hun.
To Liu Hun and Zhong Xiao, this question seemed to be the case as well. Although the starting bid was five hundred thousand, Bai Lingfei had guessed that bidding up to seven million wouldn't be a loss, and the upper limit might even be much higher than seven million. Therefore, other bidders, without insider information, might guess and bid around one or two million at most, while the informed Hong Yuangui could purchase assets far exceeding three million with a bid of three million or slightly more.
