NOVEL Genius of the Rules-Style System Chapter 1179 - 574: What’s Foreign, Will Always Be Foreign!_1

Genius of the Rules-Style System

Chapter 1179 - 574: What’s Foreign, Will Always Be Foreign!_1
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Chapter 1179: Chapter 574: What’s Foreign, Will Always Be Foreign!_1

While the researchers in the lab were admiring Zhao Yi as a top tycoon, Zhao Yi was indeed doing the work of a tycoon. His Star Billion Investment Company, where he personally held more than ninety-eight percent of the shares, had made a comeback to the domestic stock market, continuously throwing money into it.

In just two short weeks, the Star Billion Investment Company had scattered nearly 30 billion yuan, conducting seven major transactions exceeding a hundred million each, the largest of which was an investment in Jin Xin Manufacturing, amounting to 900 million yuan.

In the beginning, not many people noticed because the targets of Star Billion Investment Company’s spending were relatively niche manufacturing and materials companies.

Nowadays worldwide, internet technology is the real hot topic, followed by industries like food and medicine. The manufacturing sector in the domestic stock market was almost forgotten.

Jin Xin Manufacturing is the most high-end technology and largest scale chip and integrated circuits manufacturing enterprise in the country, but due to limitations on technology research and development, patent restrictions, it had little competitive power internationally and could only compete in the domestic low-end market.

But the name "Star Billion" was just too eye-catching.

When the news of Jin Xin Manufacturing’s big transaction came out, a closer look at the acquiring party revealed it was a "Star Billion"-headed company, which immediately drew a lot of attention. Subsequently, the media dug up that Star Billion Investment Company had conducted several transactions exceeding a hundred million yuan in a short time.

"Isn’t Star Billion Investment Company God Zhao’s overseas company?"

"Star Billion Investment, Star Billion Technology, Star Billion Investment has always been overseas, so how did it suddenly switch to the domestic market? And it seems they’ve thrown a lot of money around!"

"It’s probably tens of billions!"

"So rich..."

In fact, tens of billions of yuan isn’t much in the domestic market, but such large transactions typically occur in large corporate groups, not in personal investment companies, especially not in Zhao Yi’s investment company, where a quick check reveals that Star Billion Investment Company is Zhao Yi’s personal company, and the company’s investments are essentially personal investments by Zhao Yi.

That Zhao Yi could whip out tens of billions of yuan and throw it directly into the domestic stock market was indeed very shocking.

There were two points of interest for the public: where did the money from Star Billion Investment Company come from?

And, what was the purpose of the investment?

Soon.

Both questions had answers.

Over the past few months, Star Billion Investment Company had aggressively sold off the overseas tech stocks it held, disposing of nearly two-thirds by now and transferring the funds to the domestic market through foreign exchange settlement and other means.

Even after paying a substantial amount of taxes along the way, Star Billion Investment Company continued to transfer assets to the domestic market relentlessly.

This was even more shocking.

In many people’s minds, wealthy individuals typically move their assets overseas, with very few transferring money into the domestic market.

Zhao Yi’s approach went against the norm, and he sold off highly regarded tech stocks overseas, paid substantial taxes through formal channels, making it somewhat incomprehensible for people. freewebnøvel.coɱ

"Could it be that there might be security risks with the funds overseas?"

The assets held by Star Billion Investment Company were close to around one billion US dollars, mainly due to the tech stock boom overseas over the past year. It was difficult for this to have much impact on the international market.

But Zhao Yi’s influence was significant.

When the news broke, the international market was shaken, and the top international tech stocks were immediately affected. The Dow Jones Index was disturbed and continued to fall for several days, with many tech stocks plummeting for three consecutive days. freewēbnoveℓ.com

This shows just how significant Zhao Yi’s global influence was.

In the eyes of many, Zhao Yi was not only a top scientist but also a remarkably astute investment expert. His sweeping sale of top tech stocks was surely for good reason.

Domestically, there were nothing but praises.

While praises were ongoing, many also took an interest in the movements of Star Billion Technology Company, noticing that its stock market investments were concentrated on electronic materials and high-end manufacturing sectors.

Among these, the main investment in Jin Xin Manufacturing, which was the largest integrated circuit and chip manufacturing enterprise, and also in material and manufacturing-related enterprises up and downstream.

Suddenly.

Stocks related to high-end manufacturing and materials sectors experienced a rare rapid surge.

Many people were blindly following the trend in investing, knowing what Zhao Yi had invested in and immediately following suit.

This method had been proven effective.

As a result, in the days following the reports, stocks related to high-end manufacturing and materials sectors hit one upper limit after another.

The so-called stock market experts were incredibly astonished.

The current situation overturned the stock market’s norms, where the investment of one person could cause so many to follow suit, making the snowball grow larger as it rolled—it was simply beyond comprehension.

They could only exclaim, "God Zhao’s influence is just too great!"

"Blindly following the trend!"

"You still need to be cautious in stock market investments! You have to have your judgment, not get caught up in the frenzy..."

While spouting a bunch of nonsense, they too were eagerly investing in several high-end manufacturing and material-related enterprises.

Investing indeed requires understanding.

But since Big Zhao had already made investments, and with such a huge sum of capital at that, maybe the manufacturing and materials sectors were about to see major benefits? Maybe they really were becoming worth investing in?

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