But when Yi Anguo orders a reduction, it happens, and no one can oppose it. Yi Anguo’s reasoning is to seize the opportunity while it’s good; if you wait until the stock price plumts, it’ll be too late to reduce.
However, in the first half of January 2010, the stock price kept rising, which started to make people doubt Yi Anguo’s approach as a boss.
Fortunately, in the second half of January, the global stock market economy began to cool down, the stock price started to fall, and continued to decline without respite.
At this mont, everyone realized that the boss was indeed more impressive, as he had anticipated the market trends in advance.
In fact, Yi Anguo only had such a keen insight due to the advantage of being reborn.
But he could also choose not to act, as the market correction is only temporary, and by July, it would hit a bottom, after which it will soar again.
Yet, why not act when you can sell at a high price and buy more at a low price to profit from the difference?
Without ntioning the profits, it’s at least around 30%.
30% of 10 billion is 3 billion, and 30% of 100 billion, that’s 30 billion.
If it’s in US Dollars, that’s even more astounding.
In over a year, Yi Anguo profited over hundreds of billions of US Dollars from international oil futures, but he also invested a lot of money in various places, such as Hua Xing Technology, Hua Xin International, Anguo Network Technology Service Company, also known as Anjing Online Supermarket.
Additionally, there’s Anjing Tis Square, Microelectronics Group, Anguo Bank, Anguo Furniture, Anguo Automobile Manufacturing Co., Anguo Property Company, and many real estate properties under his na.
Besides, the investnt departnt provided venture capital to various companies and acquired so companies, alongside investnts in research projects.
However, the funds invested in the stock market still held the majority, and investnts in US stocks, due to buying up the four major US banks, yielded profits of three hundred and fifty billion US Dollars.
However, the bottom purchases of companies like Apple, Amazon, and Google also involved huge sums of US Dollars, although profits have multiplied several tis, due to being long-term holdings, they can’t be realized at present, and profits are only on paper.
Such a massive reduction this ti could bring in a significant amount of funds, and re-investing in these company stocks after half a year wouldn’t require as much money.
Now, recovering 100 billion US Dollars, only 70 billion US Dollars would be needed by then, and his reduction this ti can at least recover 300 billion US Dollars, and between the buying and selling, a hundred billion US Dollars can be saved.
With this hundred billion US Dollars cash in hand, there are plenty of things he can do, including the yearly investnt needed for research expenses.
To catch up in technology, which falls behind, the cost is undoubtedly enormous, and ti waits for no one. If you want to expedite the process, there is only one way: to spend money lavishly, throw money at hiring more technical experts and professionals, bring them back to the country for tech R&D, there’s no second option.
If Yi Anguo didn’t engage in R&D, didn’t establish Microelectronics Group, didn’t set up Hua Xin International, didn’t establish Hua Xing Technology, then his life would be quite relaxed.
Making money for him is too easy: investing in real estate, buying more houses, and waiting for them to appreciate.
Or investing in stocks of companies with potential to rise, and wait for the stock prices to soar.
But since heaven has given him a chance to be reborn, there are things he feels obligated to do; no matter how much money, it’s just numbers, but so things hold significant aning once done.
Before the Spring Festival, Yi Anguo flew to the US again, Anguo Group organized an exchange eting in the US involving Chinese students studying abroad and those working in various industries who the Anguo Group aims to persuade back for tech R&D.
Many people are sowhat tempted, but still harbor many concerns and hesitations, fearing the treatnt, working conditions won’t be as expected upon returning.
So feel that while the treatnt might catch up with the US, research conditions and living environnts can’t match the US, so no matter how enticing Anguo Investnt makes it sound, they aren’t keen on returning for developnt.
Although they are patriotic at heart and want to contribute to their motherland, they’re even more concerned about their future, considering their children’s education.
Many have been working and studying in the US for years, and are accustod to the Arican lifestyle, worrying about various issues upon returning.
Chen Xuejiao suggests Yi Anguo personally make a trip to the US and convince those tech talents with sincerity to stir enthusiasm for returning and developing at ho.
Yi Anguo thought it over for a long ti and decided to convene a eting with these people to openly discuss any concerns they might have.
He would then deliver a speech at the eting, giving them a patriotic education talk.
After reaching the US, Chen Xuejiao curiously asked Yi Anguo: "What are you planning to say in your speech to move these people and make them willing to return for developnt? These people are highly educated, not easily swayed; it’s not simple to persuade them back at all."
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