Chapter 899: 463
Just relying on scientific research awards and patent royalties?
It seems unlikely!
Even if it was just from scientific research awards and patent royalties, the money saved up slowly would surely be hard-earned. How could someone risk a huge loss and buy stocks worth a hundred million in one go?
Therefore, following the investment was a sure win!
Many retail investors in the stock market act on a hunch. After carefully analyzing the news, they all found it very reasonable. As a result, on the afternoon the news was released, Red Wind Industry’s stock price quickly hit the price limit.
At this point, more people started paying attention to Red Wind Industry, and some stock market analysts, the so-called ’experts’, began to ’help’ everyone understand the reasons behind Red Wind Industry’s stock hitting the limit.
"This price limit is quite unusual. One reason is the influence brought by Academician Zhao, and the other is the recent overall increase in defense stocks. Just a bit of news could trigger a price limit situation!"
"You may not have noticed, but among the two announcements Red Wind Industry released, one was about R&D cooperation with the mechanical laboratory of Yanhua University, but no specific details of the cooperation were disclosed. For instance, is Academician Zhao involved in the project?"
"What if he is?"
"Without any specific disclosure, nobody knows the details!"
"Academician Zhao’s investment in Red Wind Industry may well mean there are joint R&D projects. Who is Academician Zhao? He is a once-in-a-century super genius in academic research. It seems Red Wind Industry’s technological research and development looks promising..."
"..."
While netizens were actively discussing online, some institutions were also sharpening their knives, ready to enter the market. The public opinion informed them that it was a good opportunity to go long on Red Wind Industry and even the defense sector stocks as a whole. As long as they could pump up the stock price, they could make a profit by selling later when there was no room left for the price to rise.
Thus, the next day, the third day, and the fourth day, Red Wind Industry witnessed consecutive price limits. In less than half an hour after opening, the stock hit the limit. After four consecutive days of price limits, the market value of some parts of the publicly traded company increased by almost a hundred billion.
The management of Red Wind Industry felt as if they were in a dream. They had just disclosed two pieces of news—how could that suddenly lead to four consecutive price limits? Did a one billion investment really result in four consecutive price limits? In terms of market value gain, wasn’t it like leveraging a hundred billion with one billion? freewёbnoνel.com
It was then necessary for Red Wind Industry to make a statement.
Zhou Haoren had never expected that simply making an announcement linking the capital injection and Zhao Yi would have such a significant impact. He truly felt as if he were dreaming.
But no matter what, it was time to say something, or the impact would be too great.
Quickly.
Red Wind Industry issued a notice urging investors to remain calm and not to be swayed by the ’star effect’. It also indicated that the trades of Red Wind Industry’s stock were normal. The revenue and profit margins had not changed, and the capital injection from Star Billion was merely to increase liquidity because the corresponding share capital had been increased, which wouldn’t impact the stock price.
However.
After this announcement was made, it seemed to calm investors down a bit, but Red Wind Industry’s stock price continued to rise. It was unstoppable, unable to be halted. In the following ten or so trading days, the stock increased by 2% to 5% daily, which meant more investors kept pouring in non-stop.
In the face of this situation, Zhou Haoren’s tone changed when he spoke with others, "Academician Zhao is Academician Zhao!"
Whether he understands the stock market or investment, he certainly can’t lose.
"If he sells all his shares now, could he at least make a clean profit of sixty to seventy million?"
"Less than a month, a hundred million capital turned into a clean profit of sixty to seventy million... I think we should consult with Academician Zhao to discuss what the right approach to investment really is..."