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Chapter 596: Donating Twenty Billion

~6 min read 1,123 words

With the provincial SASAC stepping in, the directed issuance process of Heavenly Enlightenment Pharmaceutical was completed in just fifteen days.

During this period, Heavenly Enlightenment Pharmaceutical's stock was suspended for a week due to excessive hype, but after resumption it continued to hit the daily limit, and its share price finally rose to 6.16 yuan.

Meanwhile, ST Heavenly Enlightenment ultimately directed-issued 33.10 million shares at a price of five yuan per share.

After the issuance was completed, Liu Jianghua, acting as provincial governor, personally visited Heavenly Enlightenment Pharmaceutical for research, further boosting the hype around ST Heavenly Enlightenment's stock.

This result was music to Chen Yang's ears. The higher the share price, the greater his assets. Who would complain about having too much money?

However, Novartis Company made him 200 million USD, and this money also needs to be made back in the US stock market.

After all social engagements ended, Chen Yang shut himself in his villa to begin researching US stocks.

Then he discovered an interesting stock. In 2003 it rose from $1.91 to $5.25, then underwent a 1-for-10 reverse stock split, adjusting the share price to $52.5.

By 2004 it continued to accelerate, climbing from $52.5 to $120.7.

Then it underwent a 5-for-1 split, adjusting the share price from $120.7 to $24.14.

After the adjustment, its share price began to fall, and it has now dropped to $5.

Chen Yang checked the data and found it was a titanium metal company. Its products play a major role in aerospace, deep-sea economy, biomedicine, petrochemicals, and daily life.

Moreover, this year happens to be the golden period for global aerospace industry development, with many capable private enterprises also joining the sector.

With such strong positive news, its share price should not be only $5.

Chen Yang felt this stock would surely repeat the miracles of 2003 and 2004, so he began placing orders to accumulate shares.

After selling Fruit Company's stock, his account had available funds of $59.8 billion.

However, to prevent any unpredictable mishap, he bought 100 million shares of the company named TIE Company at an average price of $7.

After the position was built, TIE Company's share price had risen to $9, an astonishing increase of 80%.

Most importantly, the money Chen Yang spent to purchase Novartis Company's technology patent has already been earned back during the buildup……

Others had invested decades of R&D and spent several billion dollars to achieve this result, while Chen Yang obtained it by operating in the stock market for just a few days.

By this reckoning, Chen Yang felt he had made a huge profit again.

However, Chen Yang was not satisfied. After reducing his position in TIE Company's stock, his gaze turned back to Fruit Company.

After undergoing nearly a month of adjustment, Fruit Company's share price had fallen to $63.

This had already met Chen Yang's psychological expectation.

Then he bought 81 million shares of Fruit Company's stock at an average price of $65.

By this point, Chen Yang held 100 million shares of TIE Company, 81 million shares of Fruit Company, and 31 million shares of IS Company.

By the end of June, TIE Company's share price had risen to $20, Fruit Company's to $70, and IS Company's share price had surged to $7 billion.

In other words, Chen Yang's total assets at HSBC Bank had risen to $96.8 billion, which converts to over 80 billion yuan.

This information was quickly discovered by well-known domestic financial experts.

Thus, major television news media and major portal websites began reporting news related to Chen Yang.

Outside Heavenly Enlightenment Pharmaceutical Ltd. and Old Commoners Agricultural Products Trading Company, the entrance was crowded with media personnel wanting to interview Chen Yang.

To avoid the disturbance, Chen Yang simply continued to stay in his villa, living a life cut off from the world.

After three days of quiet, Chu Ning knocked on the gate of Chen Yang's villa with her two bodyguards.

To Chen Yang's surprise, those two bodyguards were actually the police who had previously taken him to Fragrance-Retaining Pavilion.

"Miss Chu, you actually had them pose as police; aren't you afraid I'll report you?"

"Hehe, my older brother is the deputy director of Goat City Public Security Bureau; isn't it easy to get two police positions?"

"Since they have police positions, don't they have to follow you around and not do any real work?"

"Hmph, protecting my safety isn't that the most important duty?"

Chen Yang was speechless. People with privileges are just different!

"Chen Yang, I'm here to raise funds for the Old Commoners Foundation. Your net worth is 80 billion yuan; you ought to step up and set an example." Seeing Chen Yang silent, Chu Ning immediately got to the point.

"Running the foundation was originally Chen Yang's idea; Chu Ning is just an errand girl. Since she puts so much heart into this work, Chen Yang naturally cannot be stingy. He directly said: 'Since I'm supposed to set an example, then donate twenty billion yuan!'"

"Twenty billion? In USD?" Chu Ning stared at Chen Yang in surprise, thinking she had misheard.

"What are you thinking? In renminbi!"

Chu Ning's blood boiled with excitement. If not for the bodyguards, she would have rushed forward to hug Chen Yang in celebration.

"Chen Yang recalled that in his previous life, many people had cars and houses, yet still had to go online to crowdfund for medical treatment. He did not want his money to subsidize such shameless people."

"Chen Yang, I'm not a three-year-old kid; you don't have to teach me everything." Chu Ning glared at Chen Yang dissatisfiedly.

Although Chu Ning brought two bodyguards, Chen Yang's villa had six bodyguards; one against three, the opposition had no chance of winning.

"Miss Chu, don't treat my words as wind in your ears. In fact, many people who clearly have money pretend to be poor to defraud charitable funds; you must verify this thoroughly."

Chu Ning snorted coldly: "Who dares to cheat my money? I guarantee his life will be unable to take care of itself!"

Chen Yang shook his head helplessly. Given Chu Ning's personality, she really could do that.

"Miss Chu, this is Dongjiangsheng, not Guangdong Province, nor a place beyond the law. Before making any decision, you had better think carefully."

"Got it!"

Chu Ning felt Chen Yang was too talkative. Since the charitable funds were already in hand, she immediately found an excuse and slipped away.

After Chen Yang waited for her to leave, he immediately used the Old Commoners Financial Investment Company's official announcement to release the news of donating twenty billion yuan.

As soon as the news came out, ST Heavenly Enlightenment's stock hit the daily limit again.

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End of Chapter

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