With the arrival of $1.5 billion, Peter's heart finally settled down a little.

"Don, look at this news, is it up to you to show up and announce it?" Peter asked eagerly, after releasing the news that Tang Bao had injected capital into BP Oil, hoping to stabilize market confidence. But the effect was not as good as he imagined, not that Tang Bao's actions had no impact on the market, but Peter came forward to announce, everyone didn't believe it, when the special announcement was made, Tang Bao happened to "travel", and the media couldn't find Tang Bao to confirm the truth of the news, so they thought it was a smoke bomb released by Peter.

So.

Peter wanted Tang Bao to come forward and make the announcement, so that it would be convincing.

"No problem!"

Tang Bao smiled and agreed, when he signed the new agreement, he was already a real shareholder of BP Oil, and he would soon enter the board of directors...... It would also be in his own interest to help Peter stabilize the share price of BP Oil as soon as possible.

"Well, let's hold a press conference as soon as possible to announce the good news!" Peter got Tang Bao's consent and couldn't wait to decide.

……

As the chairman of the board of directors of BP Petroleum in the United Kingdom, Peter suddenly came to New York at this time, which also attracted the attention of many well-intentioned people.

These days.

Some well-informed news media have long begun to report the news of Peter's appearance in New York, and some people have analyzed that Peter can no longer bear the pressure of short selling, and is planning to negotiate with Wall Street institutions to persuade Wall Street capital to abandon the behavior of short selling BP oil in the United Kingdom.

There is also speculation that Peter is in secret contact with major investment institutions in the hope of obtaining new financing support. Among them, the Phoenix Investment Group was mentioned, because Peter was seen personally going to the headquarters of the Phoenix Investment Group, and Peter and Horst were photographed having a good conversation.

Even.

Some newspapers took pains to report that Peter and Tang Bao were engaged in secret negotiations because Peter was seen on the campus of Columby.

Although all kinds of speculation is flying, none of them have been confirmed, so even these news are shocking. However, it did not have much of a favorable impact on the share price of BP Oil. The stock price is still falling, and it has fallen below $30.

Soon.

The news that Phoenix Investment Group was going to hold a press conference spread, and many reporters who were notified were secretly looking forward to what kind of big news there would be this time. They all noticed that every time Phoenix Investment Group took the initiative to hold a press conference, it would break the news.

"Huh? How could the time of this press conference be so early? Tomorrow morning at eight o'clock, make no mistake......" Jims, a reporter for the New York Times, looked at the invitation in his hand. Wondering. He has been invited to all the press conferences of Phoenix Investment Group, including written invitations and telephone invitations, but without exception, they are all set at half past nine in the morning, which has never changed.

Thinking.

Jims called Phoenix Investment Group to confirm whether the timing was accurate, and the answer was naturally yes...... I tried to find out something in advance, but I didn't get anything.

"Alas. Tomorrow you have to get over early and get in the right place...... "Being late for work is a very normal thing for Jims. He has to be on time to get to work so that it's not normal...... The boss will put up with Jims's bad habits, and naturally Jims has a role that cannot be ignored, he is considered the top reporter in the newspaper, writing press releases. Very much attention. However, after seeing the invitation letter from Phoenix Investment Group, Jims also had to make himself "abnormal".

……

The next day, it was past seven o'clock in the morning.

The press conference was already crowded. Hundreds of reporters huddled together, patiently waiting for eight o'clock to arrive.

"Uh......"

Jims, who rushed out of the taxi in a hurry, looked at the crowds of his peers, and was dumbfounded, scolding why he came so early.

He swore he was up early enough!

"Hey, Jims, you're so early today." Some reporters, who were more familiar with Jims, said with a mocking smile on their faces.

"Hey, man, move me somewhere...... Thank you. Jims didn't care about the other party's ridicule, but cheekily squeezed over and asked the reporter who teased him to make room for him. Otherwise, he would have to stand in the last row, and he might lose many opportunities to ask questions.

After a long wait.

At eight o'clock, the press conference began on time.

Tang Bao, Peter, and Horst appeared in the venue, Tang Bao stood in the middle, and the other two stood on either side......

The moment the three of them appeared at the same time, the reporters' eyes suddenly lit up.

"Peter, Peter of BP Petroleum Company in the United Kingdom, could it be that the rumors that Peter and Tang Bao had a secret conversation are true?" Jims whispered.

After a brief opening remark, Tang Bao went straight to the point.

"When I see Mr. Peter next to me, I understand the purpose of today's press conference held by Phoenix Investment Group. Well, yes, you're right. We are very optimistic about the potential of BP Petroleum and have entered into a capital injection agreement with Mr. Peter. Tang Bao pointed to Peter beside him, and then announced.

"Well, I personally injected two billion dollars into Phoenix Investment Group, including a billion dollars to buy a 10% stake in BP Oil. The remaining billion dollars are special preferred stock...... In addition, Phoenix Investment Group will also start increasing its holdings in BP Petroleum from today! ”

Wow.

After Tang Bao's decision was announced, the reporters below were shocked.

Before.

Peter said to the outside world that Tang Bao had injected $2 billion into BP Oil, but no one took it seriously.

But......

At this moment, Tang Bao admitted it himself, and that was naturally true.

Think about the recent stock market performance of BP Oil, which is not enough to describe its misery. Surprisingly, Tang Bao will say at this time that he is very optimistic about the potential of BP Oil.

Right now.

Tang Bao is on Wall Street, but he is known as an investment prodigy, and his influence cannot be underestimated. At this time, he publicly expressed his support for BP Oil, which may change the embarrassment of BP Oil's share price falling again and again. It may even bounce back quickly.

Strictly speaking.

Tang Bao and Phoenix Investment Group's increase in holdings may have a greater impact than the Kuwait Investment Authority. Because many of Tang Bao's investments have proven to be very successful, the most representative is Microsoft, in less than two years. He has reaped more than 10 times the return on his investment...... Therefore, Tang Bao's stake in BP Petroleum may attract some investors to follow the trend and buy BP Petroleum shares.

The Kuwait Investment Authority, on the other hand, lacks this effect.

The Kuwait Investment Authority's increase in holdings will pull up the stock price, to a large extent, because some investors are speculating, hoping that the shares they hold will rise to a certain price before the Kuwait Investment Authority takes over. This is not so much an investment in stocks as a short-term speculation for profit.

……

"Hello, Don, I'm a reporter for Outlook Weekly. Why do you have so much confidence in BP Oil? ”

"Sometimes, the share price doesn't tell the whole story, and I'm bullish on BP Oil's long-term value. Putting aside the short-term fluctuations in the stock price, it will be a stable, high-quality company that is worth investing in for the long term. At this moment, Tang Bao showed absolute support for BP Oil.

"Hello, Don, I'm a reporter for the Washington Post, and you're saying that Phoenix Investment Group will take shares of BP Petroleum on the stock market. Does this mean that you are helping BP Oil to hold the market and pull up the share price? ”

"There is no Phoenix Investment Group on board. BP Oil's share price will also get back on track, and we're just taking advantage of the low price to buy more shares. ”

"Hello, Don. I'm Jims, a reporter for the New York Times, and is the fact that you and BP Oil have reached a stake agreement so quickly, related to the recent collapse in BP Oil's share price? Will there be conditions attached to this investment that will make it difficult for BP's oil company? ”

"There is no connection. In fact. When I first returned to the U.S., I negotiated with Mr. Peter about buying shares, and it went very well. As far as I know. Mr. Peter has also made this announcement, but it does not seem to have received your attention and attention. As for the provisation...... In business investment, both sides take what they need, resources are exchanged, and there is no one who is embarrassed. The cooperation between me and Mr. Peter was very pleasant! ”

"There are rumours that the Kuwait Investment Authority has been forced to stop increasing its shareholdings and may even reduce its holdings because it threatens the control of the existing management, may I ask, Tang, is there a similar shareholding limit between you and BP Oil?"

"I haven't heard that. But I can responsibly say that we are not subject to any restrictions, and Phoenix Investment Group is free to absorb shares from the stock market. Of course, we will consider a variety of factors to determine whether we will continue to increase our holdings...... Maybe one day we find a more attractive stock, and we will choose to sell BP oil shares. It all depends on the return on investment. ”

"Hello, Don, I'm a reporter for the Wall Street Journal......"

……

……

……

The news that Tang Bao took a stake in BP Petroleum and Phoenix Investment Group claimed to buy BP oil shares suddenly became news headlines.

The news was reported on television and in newspapers.

Then.

Some investment institutions that shorted BP Oil Company were taken aback when they saw the news. There is no way, the names of Tang Bao and Phoenix Investment Group, it is difficult for them to care whether they want to or not.

Syllable.

Taraka, who was watching today's news in the hotel, suddenly had a bad feeling when he saw Tang Bao and Peter suddenly appear together.

After hearing Tang Bao's announcement of a quick stake in BP Petroleum and said that he would support it strongly. Taraka was so angry that he threw the TV remote control to the ground.

Seeing that BP Petroleum was suppressed and breathless, there was immediately hope for success, but it was unexpectedly disrupted.

……

"Phoenix Investment Group has intervened, we will close our positions tomorrow and retreat, and wait and see for the ......time being," said a fund manager of a small fund company.

"Retreat ...... tomorrow"

"Hmph, what about Phoenix Investment Group, can they compete with the entire Wall Street capital...... Keep selling short! ”

"Huh...... It's unpleasant news, but it's even more interesting! ”

……

"Hey, Tang actually chose to make a move at this time, could it be that the stock price of BP Petroleum has really fallen to the bottom, should I follow in?" Adelson watched the news and thought to himself. Although he promised Peter to help the market, he did not work, and only inhaled tens of thousands of shares in small quantities every day, or even thousands of shares. He is also waiting for the right opportunity to take the opportunity to buy the bottom again.

Originally.

Adelson wanted to continue to wait and see, but Tang Bao's intervention made people hesitate again. He had an in-depth conversation with Tang Bao, and he knew that Tang Bao was not a simple person, and the other party chose to release high-profile news to the outside world at this time, undoubtedly to express his support for BP Petroleum.

Of course.

This could also be a turning point for BP Oil!

……

Arguably.

After Tang Bao announced the news of his stake in BP Petroleum in the United Kingdom, all parties reacted differently, with anger, surprise, and joy.

That's it.

The next day, the New York Stock Exchange opened on time as usual. (To be continued......) R1292