Besides Tencent, there are many other potential stocks in the domestic stock market, such as Taobao (an online shopping platform), Longgang Steel (an export trading company), and some heavy industry companies, all of which are on the growth list.
As long as you get in early, you can basically make some money.
Zhou Chen focused on Tencent because he wanted to get the best value for his money. Secondly, Tencent was one of the most famous companies in China. In addition, the previous incident with Tencent had intensified Zhou Chen's desire to become a major shareholder of Tencent. So, although other stocks were good, he did not intend to hold them.
Most importantly, they all lack a point of explosive growth.
Whether viewed in the long term or the short term, choosing the penguin is still the best way to maximize profits.
After scanning the list, Zhou Chen didn't find any stocks worth buying. He might keep a small portion of his money and use the rest to increase his holdings in Tencent.
Just as Zhou Chen was about to close the webpage of the stock market, he suddenly saw a somewhat familiar company name.
"Stroke petrochemical..."
I paused the mouse, stared at the words on the screen, and a news article flashed through my mind.
Zhongfeng Petrochemical Company photographed an isolated island in a certain sea area and unexpectedly discovered natural energy sources such as oil and natural gas on it. After exploration, the reserves were found to be as high as hundreds of millions.
I still remember that when this news came out, Zhongfeng Petrochemical's stock price soared, increasing three or four times, even more rapidly than Tencent's stock price. It was incredibly popular at the time, causing a huge sensation. Some people became rich overnight by holding Zhongfeng Petrochemical's stock, doubling their net worth and buying cars and houses.
Currently, Zhongfeng Petrochemical's stock price is 5 yuan per share, which is almost the lowest point. When news of the discovery of oil and natural gas spread, a large number of investors flocked in, all wanting to get a share of the profits.
His current holdings are undoubtedly at the best time.
Without further hesitation, Zhou Chen immediately used all the money in his account to buy shares of Zhongfeng Petrochemical. Not only that, he also sold most of his Tencent shares and converted them into Zhongfeng Petrochemical shares.
Just as Zhou Chen, a major retail investor in Tencent stock, was selling off large quantities of shares, someone immediately noticed his actions.
"Someone is selling Penguin stock. Penguin is doing so well right now, who would want to sell?"
"It's Mr. Zhou, a retail investor with considerable financial strength. Among retail investors, he holds a number of shares in Tencent that rank among the top five."
"So this guy is a real shrewd one. What kind of news did he get? Why is he suddenly so bearish on Tencent? Right now, many people are rushing to increase their holdings."
"I don't know. There might be a reason why the big shot did this. However, he didn't sell all his Tencent shares, most likely because he needs funds for cash flow in reality."
This matter is being discussed in stock forums and some stock investor groups.
Zhou Chen was of course unaware of these things, because he didn't pay attention to what stock market investors were talking about. If he hadn't suddenly discovered Sinopec, he would have completely forgotten about it.
After Zhou Chen invested tens of millions of yuan in Zhongfeng Petrochemical, its share price rose from 5 yuan to 6 yuan per share, an increase of 1 yuan.
This change attracted some attention, but not much; most people didn't take it seriously, regarding it as a normal fluctuation in the stock market.
China Petrochemical Corporation
"Boss, our stock just suddenly went up. Someone bought 40 million worth of our stock, which directly raised the price by one dollar."
The secretary arrived at the office to give a report.
"Um?"
Upon hearing this, the man, the owner of Zhongfeng Petrochemical, was somewhat surprised and astonished. The most glorious time for his Zhongfeng Petrochemical stock was two years ago, when the stock price reached a high of 15 yuan per share. However, after that, the stock price opened high and then fell. Due to the emergence of a large number of competitors, the company's performance declined, and the stock price continued to fall. Now, it is almost ready to exit the stock market. As a result, many old shareholders have sold off their shares and exited the market, causing the stock price to plummet again.
Suddenly, someone acquired a large amount of their company's stock, amounting to tens of millions.
The man didn't know if someone was trying to short their stock or if they were simply optimistic about his company's future.
After much thought, he figured it was highly likely that they wanted to short the stock, first driving up the price of his company's stock to lure in a large number of retail investors, and then suddenly dumping it to reap the profits.
That's how it's done in Western countries.
It's possible that someone in China is imitating this, or that Western capital is manipulating things behind the scenes.
As for why he wasn't optimistic, frankly, even as the boss, he felt the future was bleak and believed the company might not last long before being delisted.
Do you know any specific information about the person who bought our stock?
The man looked up and asked.
The secretary shook her head. "This person is very mysterious. All we know is that he is called Mr. Zhou. He should be a retail investor. He has always held Tencent stock before, and this is the first time he has held stock in another company."
"Retail investors?"
The man frowned; this puzzled him even more. A retail investor suddenly selling his Tencent stock to buy his stock—had he lost his mind?
This 'Mr. Zhou' is really strange; I don't know what he's thinking.
But regardless, the stock price increase is a good thing for him.
"Ring ring..."
Just then, the phone on the desk rang.
The man casually picked it up, and the next second, he suddenly stood up and exclaimed in surprise, "What!"
This sudden action left the secretary standing nearby completely bewildered.
She had never seen her boss so out of control.
What exactly happened?
Judging from the boss's delighted expression, it seems like something good has happened.
"Stroke and petrochemicals?"
Sun Liancheng, who was in Yanjing, was very puzzled when Zhou Chen told him to hold more of this stock, because Penguin was currently performing very well and would most likely continue to rise. If he sold it now, he would have to pay a high price to hold Penguin stock again.
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