Reborn in 2014: A One-Man Tycoon

Chapter 544 It's Time to Buy at the Bottom

With a 12-hour time difference, it was just dawn when Meng Chuan returned to the Haihu Manor in Shanghai.

With Meng Chuan's current physical condition, he doesn't need to adjust to the time difference.

After practicing Qi cultivation and fighting with Zhan Qi, Meng Chuan went to the basement.

It's opening time.

Having been away for so long, Meng Chuan still needed to personally check on the recent stock market situation.

"Young Master, the stocks of our companies are currently soaring ahead of the competition."

The whale hunter excitedly reported to Meng Chuan.

Actually, the situation was quite difficult a while ago.

With the addition of BlackRock, many of Meng Chuan's companies are under considerable pressure to keep their stock prices from falling.

However, ever since Meng Chuan made his announcement, neither BlackRock nor any other capital firm has dared to short Meng Chuan's companies anymore.

Overnight, no negative news articles criticizing Meng Chuan's companies could be found online anymore.

All the former financial commentators and experts have, as if by prior agreement, collectively fallen silent.

Even when there are occasional comments, they are all positive about Meng Chuan's companies.

Compared to Meng Chuan's companies, the situation of his other businesses is rather dire.

The real estate industry, apart from the Liu Group, has almost completely collapsed.

After all, there are development projects in the provincial capital, a place with excellent feng shui, and the celebrity effect of Meng Chuan.

The stock price of Liu's Group has soared to a terrifying level of 300 yuan per share.

The Liu Group currently has a market value of 9000 billion.

In the real estate industry, which was in complete collapse, only the Liu Group stood out.

This led to a surge of investors who were particularly fond of the real estate industry flocking to the Liu Group.

Of course, it was precisely because a large number of shareholders flocked to the Liu Group that the complete collapse of other companies in the same industry was accelerated.

This can be considered a vicious cycle.

"Currently, the stock price of Meng Po Guild is maintained at around 200 yuan per share. The total market value has exceeded 6000 billion yuan."

The whale hunter continued his report.

Meng Po Guild was once the most profitable enterprise in Mengchuan.

It is also the company that has experienced the most setbacks and suffered the most.

Especially after the Kris Wu and Jupiter incident.

The Meng Po Guild nearly collapsed.

However, Wu Yifan has already been sentenced to 11 years in the first instance and has stated that he will not appeal.

Jupiter also betrayed the cause and was imprisoned for three years, and had to compensate the Meng Po Guild for reputational damage of 50 billion.

This is considered one of the biggest rulings in the entertainment industry, setting multiple records.

2015 was also a cold winter for the entertainment industry.

However, the stock price of Meng Po Guild has been soaring.

Pinduoduo's market value surprised Meng Chuan even more.

It has become Meng Chuan's company with the highest market value.

Even Tmall's stock price has been affected by the overall economic environment and has begun to shrink.

However, Pinduoduo bucked the trend and grew.

For the first time, its stock price surpassed Tmall's, reaching a record high of 350 yuan per share.

Its total market value also surpassed that of Tmall, setting a record of hundreds of millions.

Wang Zheng also became the richest man in the country.

The only one that lags behind is Hongda International.

Hongda International's total market value is only around 500 billion.

It's considered the top brand among the brands it represents.

However, compared to Meng Chuan's other companies, it seems insignificant.

However, this is also because Hongda Medical has not yet been merged into the company.

Because Meng Po Guild's live-streaming sales are currently generating astonishing sales.

This means that Hongda Medical's current production of medical supplies is insufficient to meet demand.

As Pinduoduo began to expand into overseas markets, Hongda Medical's supplies also began to be exported overseas.

This is no less than the sales volume of Hongda Materials through its overseas sales channels.

If Hongda Medical is included, Hongda International's stock price could increase at least tenfold.

This can be considered a unicorn-level company under Meng Chuan's control.

As for Douyin, although its market value has already exceeded 10,000 because it has not yet gone public, it is just a number.

"Currently, the funds we have accumulated have exceeded 8 trillion yuan."

The whale hunter continued:

"However, our current focus is mainly on supporting the stock market of our own companies. Other industries are being swept away by foreign capital."

"I'm not happy about this," the whale hunter said reluctantly.

He is, after all, Chinese.

However, they can only watch helplessly as foreign capital manipulates the situation.

The stock market is witnessing a daily tragedy of thousands of stocks hitting their daily limit down.

After all, the withdrawal of foreign capital from Meng Chuan's companies has dealt a devastating blow to other industries.

"The stock market has basically returned to rationality. We can now buy at the bottom."

Looking at the candlestick chart in front of him, Meng Chuan said to Liejing.

The reason why Meng Chuan has remained inactive is because...

It's because the stocks of many companies are overvalued.

Under the manipulation of capital, investors are willing to sell their possessions and invest their money in the stock market.

Even junk stocks can achieve a triple jump.

All those inflated prices are bubbles.

If it's a bubble, it's bound to burst.

Only when the tide goes out do we discover who wasn't wearing underwear.

Now is the time for Meng Chuan to boldly buy at the bottom.

"Young Master, you mean..."

The whale hunter looked at Meng Chuan with surprise.

"Now is the time to test your professional knowledge. Buy all the potential stocks and blue-chip stocks."

Meng Chuan said.

"Understood, promise to complete the task."

The whale hunters were extremely excited.

In fact, they have been analyzing the market all along.

Many of these companies originally had excellent prospects for development.

However, no one dared to invest, and the company was on the verge of bankruptcy.

However, he always adhered to Meng Chuan's instructions and could only watch from the sidelines.

The key is that they have a lot of funds. As long as Meng Chuan is given the authority to hunt whales, he can guarantee that his wealth will double again.

At the same time, it can also teach a lesson to those unscrupulous foreign capital.

"Go all out! Don't hold back. Remember my words, I don't want to make money, I want to protect our stock market and crack down on foreign capital. As long as you can achieve this goal, even if you lose all eight trillion, I won't blame you."

Meng Chuan patted the whale hunter on the shoulder.

With the stock market evolving to its current state, Meng Chuan's influence is no longer significant.

Because history is completely different from what Meng Chuan knows.

History deviated from its course by a small margin, and Meng Chuan's limited expertise was nowhere near that of professionals like whaling hunters.

Therefore, Meng Chuan will no longer offer any advice on how to retaliate against whale hunting.

It's entirely up to the whale hunters.

"Thank you for your trust, young master. Whale Hunt will never let you down."

The whale hunter patted his chest and assured him.

At the same time, everyone present looked at Meng Chuan with awe.

The young master doesn't care about the eight trillion yuan loss; he only wants to protect the domestic stock market.

What a profound sense of patriotism!

"If you need any official assistance, just give them a call."

Meng Chuan tossed Old Huang's phone number to Whale Hunter, then left with Shadow Butterfly.

"You're getting better and better at being a hands-off manager."

Leaving the basement, Yingdie covered her mouth and chuckled softly.

It can be said that Meng Chuan's current industries and wealth rank among the top in the world, making him a super-hidden billionaire.

At the same time, Meng Chuan is definitely the most relaxed of all the wealthy people Yingdie knows.

Almost all business matters are handled by professionals.

Meng Chuan has absolutely no need to worry.

"I did that so I could have more time to spend with you!"

Meng Chuan said somewhat shamelessly.

"Yes, yes, Yingdie thanks her husband for his company."

Yingdie giggled:

"Then may I ask, my husband, where are you planning to accompany Yingdie now?"

"go home!!"

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