Reborn in 2014: A One-Man Tycoon

Within just one hour, this rumor began circulating in the British financial markets.

Li Ka-shing is selling off domestic assets in preparation for a full acquisition of O02, the UK's largest telecommunications company.

This news swept through the market like a plague.

Only then did all the individual investors and some institutions realize the situation.

No wonder the stock of Company 02 has been soaring all morning.

Regardless of whether this news is true or not.

It's a fact that the stock of 02 is soaring.

Anyone who enters the market now can still make a fortune.

For a time, all retail investors and institutions were buying frantically.

Retail investors and institutional investors who sold earlier are now filled with regret.

Retail investors and institutions that chose not to sell and wait for a higher price are overjoyed.

"What happened? How did this get leaked?"

At this moment, at the top level of Huitong Capital, Ryan listened to his subordinates' report and was furious.

He only learned of this from his uncle yesterday.

He wasn't sure if Meng Chuan had already made his move, so he had to seize the opportunity to make a fortune.

This is the time to demonstrate his abilities.

He also hoped to absorb more shares held by retail investors, making it difficult for Meng Chuan to take action.

If Meng Chuan wants shares of 02, he has no choice but to come to him.

He was determined to make a hefty profit off Meng Chuan while also taking the opportunity to humiliate him.

But who knew that while he was buying at any cost...

Rumors began circulating that Li Ka-shing was going to acquire 02 Company.

02 The company spans most of Europe, its scale is too large, and its operating costs are also high.

Coupled with mismanagement and heavy debt, the company is already struggling to operate.

If someone were to acquire it at this time, it would inevitably succeed.

And the stock price of 02 is definitely poised for a surge.

But now everyone is scrambling to buy it, and the stock price once soared to £8 per share.

From £3 to £8, it has increased by more than 160% in just half a day.

This is also why there are no daily price limits in the UK stock market.

In theory, it can rise and fall indefinitely.

Otherwise, it would have already hit the daily limit up.

"Quickly, raise the price to £8.5! It'll be too late if we don't buy it now!"

Ryan raised the bet aggressively.

Because more and more retail and institutional investors are flocking in.

Even a second's delay is a huge loss.

Meng Chuan looked at the numbers flashing on the computer screen in front of him and was secretly delighted.

Have a blast! The happier you are now, the more you'll cry later.

"Boss, should we ship the goods?"

George asked somewhat uncertainly.

Meng Chuan purchased the stocks at extremely low prices in the early stages.

The most expensive is only £6 per share.

If you sell everything now, you can already make a considerable profit.

His commissions were also quite substantial.

Moreover, there are more buyers than sellers right now.

As soon as Meng Chuan puts it up for sale, it will be snapped up instantly; there's no worry about it selling.

"No rush, wait a little longer."

Meng Chuan shook his head.

Soon, the share price soared to £8.8 per share.

"I sold all the goods I bought for £6 before."

Meng Chuan previously bought 5000 million shares for £6.

It cost £3 million.

The 8.8 million shares were sold out instantly when they were listed at £5000 per share.

From this single deal, Meng Chuan earned £1.4 million.

Although it wasn't a large sum, it still earned nearly 15 billion RMB.

After all, the current exchange rate between the British pound and the Chinese yuan is around 1:10.4.

However, the revelry did not last long.

Just two hours later, amidst the market frenzy, the Li family suddenly came forward to deny the rumors.

The Li family's representative in the UK issued an emergency press conference directly:

This indicates that the Li family currently has no plans to acquire Company 02.

This news was like a bucket of cold water, instantly extinguishing the market's enthusiasm.

As soon as the news broke, the stock price immediately plummeted, falling from £8 back to £6.

Investors in the market panicked and sold off their stocks en masse.

"Oh no, oh no, sell now! We'll lose a fortune if we don't!"

"If Li Ka-shing doesn't make the acquisition, the stock price definitely won't hold up!"

"I knew it! 02 is a complete mess right now, who would dare to take it on so easily!"

The market went crazy.

The more eager they were to enter the market just now, the more eager they are to sell now.

If you're too slow, you'll just become a sucker.

"Boss? What do we do? Sell everything?"

George was getting a little anxious too.

He never expected the Li family to act so quickly.

Company 02's stock price was overvalued, and it wasn't supported by the news of the Li family's acquisition.

The market will soon return to rationality.

It might even return to today's opening price, or even fall slightly.

"Don't worry, just wait."

Meng Chuan remained calm and composed.

If the Li family hadn't responded so quickly, Meng Chuan would have been quite worried.

However, the Li family surprisingly issued a clarification response within one or two hours.

That means the Li family doesn't want 02's stock price to surge.

Otherwise, if the Li family wanted to acquire it, they would have to pay too much of a premium.

The market capitalization of Company 02 is at least 200 billion euros.

Because of its excessive debt and signs of bankruptcy, the Li family proposed to acquire it for £105 billion.

If the Li family weren't so determined to get 02, they wouldn't bother responding.

"Now, put $4 per share in all my accounts and buy up all the shares that are in circulation on the market."

Meng Chuan is prepared to cover the losses.

The stock price is currently hovering around $5.6.

However, there are more sellers than buyers.

Even many copycat institutions are desperately trying to sell it.

Meng Chuan wasn't in a hurry; he only offered 4 pounds, and he'd take as much as he could get.

Those that can't be sold will definitely see further price reductions.

"Are you still buying now?"

George looked at Meng Chuan with some disbelief.

I always buy when the price is rising, not falling. Now the stock price is clearly falling, so why is Meng Chuan still buying?

"Do as I say."

Meng Chuan said in a deep voice.

George then shut up.

Meng Chuan is the boss, so we can only do what Meng Chuan says.

"Fuck! Fake news, all fake news."

Meanwhile, at the top level of Huitong Capital, Ryan was furious.

He had been on a shopping spree before.

He snapped up almost all of Meng Chuan's 8.8 million shares, which were offered at £5000 each.

In order to grab more orders from retail investors, he consistently bought at a premium.

The average purchase price was almost always around £7.

He has now swept up 12 percent of the retail shares, which is 3.6 million shares.

At an average of £7 per share, he spent a whopping £25.2 billion.

The price has now fallen to £5.6 per share and is still plummeting.

He lost at least £10 billion.

He didn't know how to explain this to the company's shareholders, let alone Uncle Ollie.

Uncle Ollie had told him that it was just for fun, and that he should only make a little money if he wanted to, and not to be reckless.

But he was blind to his own potential; if he sells everything now, he'll lose £10 billion.

This was his biggest loss ever.

This will also become a stain on his reputation that he cannot afford to tarnish.

"Quick, throw it out! That damn Meng Chuan is trying to fool me with fake news."

Ryan roared at his men.

At this moment, he no longer possessed the gentlemanly demeanor and composure typical of a nobleman's son.