Chapter 317 Buying at the Bottom or Buying from the Base?



Time flies, and another year is coming to an end.

Su Wu's friends also began their journeys home one by one.

Before that, a small gathering is naturally indispensable.

The group sat around the steaming hot pot, their faces rosy and beaming with smiles.

Li Zhi, as the eldest in the dormitory, was the first to raise his glass.

"Brothers and sisters, let's toast to making a fortune this year!"

"cheers!"

Everyone laughed and raised their glasses, their faces beaming with happiness.

Under Su Wu's leadership, they made quite a bit of money that year.

Even several girls benefited from this, each becoming a young woman with savings of over 100,000 yuan.

Ma Shangfeng raised his glass second, "Let's all thank Lao San. This is all thanks to Lao San. Without Lao San, we wouldn't be where we are today!"

"Su Laosan from Nanjing University, he makes money like three men!"

Everyone laughed and raised their glasses again.

As Su Wu listened to their slogans, his lips twitched, sensing that they had rehearsed this entire time.

Next up was Miao Renfeng, who is usually not very talkative.

He raised his glass and said, "Let's all thank the third brother..."

"Stop. Fourth brother, if you're out of ideas, let's just go ahead and do it. Don't you dare pick something up from the ground and eat it, okay?"

Before he could finish speaking, Su Wu quickly interrupted him.

Just kidding, this is practically a thank-you party.

Miao Renfeng swallowed her words, her face turning slightly red.

After a long pause, he gritted his teeth and said, "I'm not like the second brother. Don't cause trouble. Our rehearsals are not easy."

Upon hearing this, the entire room erupted in laughter, with everyone laughing so hard they nearly fell over.

"No one should interrupt, Fourth Brother, please continue."

In the end, it was only by fully exercising his authority as the boss that everyone stopped laughing.

Miao Renfeng then said loudly, "Thank you for taking care of us and helping us, Third Brother. Those who know, know. Cheers!"

"Cheers!" Everyone raised their glasses in unison.

Su Wu drank it all in one gulp, deeply moved.

Everyone remembers how good he was.

At this moment, Li Zhi patted him on the shoulder, "Third brother, now you can give your toast."

Upon hearing this, Su Wu's eyes darted around. "I wish everyone a prosperous new year with soaring stock prices and continued success!"

The laughter stopped abruptly upon hearing this.

Everyone present stared at him with wide eyes, their expressions filled with sorrow.

They ultimately ignored Su Wu's advice and retained their superconducting technology.

The result is that what was originally a huge profit has now been halved.

He's really hitting a nerve; it's just too much.

"Su Wu, you're rubbing salt into our wounds!"

"If it continues to rise and doesn't fall anymore, we'll be thanking our lucky stars."

"He made a hundred million! He's mocking us! He has to be punished!"

After a second of silence, a commotion immediately erupted, and Su Wu was instantly captivated.

After we poured him several drinks, everyone laughed and joked as the party ended.

After Su Wu begged for mercy, Li Zhi, who considered himself a seasoned veteran of the stock market, looked around and spoke confidently.

"Don't panic, everyone. Now is a good time to buy at the bottom. I've already analyzed it. Mobile phone stocks are falling now, but they will definitely rise sharply next year."

"We've already made a considerable profit by selling Superconducting Technology now. Then we can buy other mobile phone stocks at rock-bottom prices and definitely make a fortune..."

Buying domestic mobile phone stocks at rock-bottom prices?

Isn't this just asking for trouble?

Su Wu was completely bewildered, feeling that Li Zhi was planning a scheme to wipe out their entire family line.

This isn't just buying at the bottom, it's practically ransacking the place!

Next year, new-generation color screen mobile phones will completely become the mainstream in the mobile phone market.

Domestic mobile phone manufacturers, lacking relevant technology and chip support, will be completely ruined.

By then, these companies will struggle to even repay their loans, and their massive inventory will crush them.

While they're not completely bankrupt yet, a surge in their stock price is absolutely out of the question.

Su Wu originally harbored the idea of ​​practicing medicine to save lives and intended to lend them a hand.

However, when Ruyang Technology took the initiative to offer cooperation, they completely ignored them.

They all use imported chips; who would use domestically produced chips?

Too low-class, not worth discussing!

After receiving such a reply, Su Wu gave up the idea of ​​saving domestic mobile phones.

From now on, he'll just focus on getting enough to eat and won't bother with other people.

As soon as Li Zhi finished speaking, the crowd started discussing it enthusiastically.

It has to be said that the stock market's allure is so captivating that it can easily get people hooked.

Even after several years of losses, countless people still love it and can't give it up.

Su Wu made no comment on this, but he didn't want to see them jump into the fire.

He looked at Li Zhi and asked, "Brother, where did you get this information?"

“Brother Ma, what they said is definitely true. Do you know what the market share of domestic mobile phones is now?” Li Zhi said with a smug look on his face.

He paused for a moment, then continued, "Did you know that by the end of this year, the number of manufacturers with approved mobile phone licenses will have reached more than 40?"

"My God, this is terrifying!" everyone exclaimed in unison.

Li Zhi shook his head. "News reports predict that China's total annual production capacity will exceed 200 million units next year, accounting for about half of the global capacity. Isn't that great news for a surge?"

Su Wu thought to himself, "I know it all too well, I know it better than anyone else."

But this brief period of glory is about to come to an end.

In the new year, domestic mobile phones will indeed experience explosive growth.

My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!

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