The domestic stock market was currently in a slump, and He Wenjie remembered that it would hover around the 2,000-point mark for about half a year. Therefore, he had plenty of time to build his positions. Besides, converting one hundred million US dollars into RMB to flow back into the country was no easy task, so He Wenjie chose to remit half of it back, while planning to open an account in Hong Kong for the remaining fifty million US dollars, intending to use this money for long-term investments in stocks with high growth value.
Whether it was the funds placed in Hong Kong or those remitted back to the mainland, He Wenjie added a modest two-fold leverage to both. Given the large amount of capital that needed to be managed this time, he hired two separate teams in Beijing and Hong Kong to steadily build up positions with a prudent approach.
Having handed the stocks over to his teams to manage, He Wenjie found himself with free time again. Xie Wanghe was busy running ground promotions and grabbing territory for the Meifeng Delivery company where he worked. Zhou Haikuo was busy juggling work and romance. Even Shao Xingchi was so busy hustling for his daily meals that he was nowhere to be seen. With no other options, He Wenjie could only go find Xia Fenghua, who had a fixed workplace, to pass the time.
Chapter 1229