AnalysisTuoniaox Archive
BSC: The Barbarian at Ethereum's Gate
In capital-dominated markets, there's never a shortage of "barbarians" who attempt to become part of the mainstream narrative through capital power and aggressive operational tactics. In 2015, the battle between Vanke and the "barbarian" Baoneng caused quite a stir. Baoneng continuously purchased Vanke shares in the secondary market, investing 43 billion yuan through leveraged financing to accumulate approximately 25% of Vanke's shares, surpassing China Resources to become the controlling shareholder.