Chapter 310: I Am Not a Stock God

Outstanding Rising Film Company was listed on the A-share market in early September 2007.

Because at that time it was a big bull market, the issue price itself was high.

And as the market index rose all the way to 6124 points in mid-October, Outstanding Rising Film Company's stock also reached a historical high, then fell along with the market index.

Although Three Body achieved astonishing box office results in the New Year slot, the A-share market had become skittish and kept falling.

Under such circumstances, Outstanding Rising Film Company also saw only a slight rebound before a sharp decline.

Fundamentally, the issue price had been hype‑driven too high at the outset, and the hype of being "China's first film and television stock" was too alluring, so many people bought without looking or analyzing anything.

Da Tian Tian was one of them, snapping up a large amount as soon as the stock was issued.

When the market index rose to six thousand points, Jiang Heng once advised her to sell.

Da Tian Tian then said, she was preparing to "become a shareholder of Outstanding Rising Film Company," not selling a single share!

Jiang Heng, hearing that, also grew too lazy to advise her.

Not expecting the market index to plummet "three thousand feet in a flash," she then burst into tears, asking when it would rise again!

Jiang Heng thought to himself, the market index won't recover for over a decade, but individual stocks still hold hope.

He had also advised her to sell at several rebound points, but Jing Tian, upon seeing the high price, couldn't bear to let go and refused to sell.

Jiang Heng also grew too lazy to mention it; as time passed and he busied himself with other things, Jing Tian likewise forgot about it.

Until the 3D version of Great Havoc in Heavenly Palace was released, Outstanding Rising Film Company's stock unexpectedly rebounded against the trend, hitting several consecutive limit‑up boards.

But Jing Tian had been busy filming on the Warring States set earlier, and only now learned of this news.

"Good thing it's not too late yet—sell all the shares you hold!"

"Don't, selling now would be too much of a loss—back then…!"

Jiang Heng said: "You shouldn't think that way; when it's time to cut losses, you must cut losses, worst case you can buy back later."

Da Tian Tian still hesitated: "Let me think a bit more; the Olympic opening ceremony is coming up soon, it should rise, right?"

Jiang Heng thought to himself, I had the same idea in my past life, and that drop was miserable! "Then you should sell, or I'm afraid you'll end up crying again."

Jing Tian exclaimed in surprise: "Brother, do you have any insider information?"

"Of course there isn't, but do you believe me or not?"

"Believe!"

"If you believe me, then sell!"

"Oh! It will go up in the future, right?"

"Are you talking about the market index or individual stocks?"

"Is there a difference?"

Although Jing Tian had about half a year of stock‑trading experience, in fact most of the time she was muddled and clueless.

"Um, the market index won't return to six thousand points in the short term!"

"What about the long term?"

"Still no hope!"

"Impossible?" Jing Tian exclaimed in shock, "Our country's economic development is excellent, and the books say the stock market is a barometer of the economy!"

Jiang Heng felt a headache hearing that, and said: "Now I'll pass on the first essential tip for stock trading: forget what the books say!"

"Ah, nothing in the books can be trusted—why is that?"

"Um, basically the situation is extremely complex; with your intellect, I'd find it hard to explain clearly!" Jiang Heng joked.

Da Tian Tian was displeased: "Hmph, I'm actually quite sharp—it's just that you yourself can't explain it clearly!"

"Well then, are you free right now?" Da Tian Tian, hearing this, knew Jiang Heng had no time to chat idly with her, snorted and said: "Fine, I'll admit you're impressive—I'll listen to you."

"If you had listened to me earlier, you wouldn't have these worries!"

"Hmph, I'll buy them back sooner or later!"

The tsundere Da Tian Tian hung up the phone, then glanced at the closing price on her stock‑trading software, calculated in her mind how much she would lose by selling now compared to the peak price, and the more she figured, the more her heart ached.

"Sniffle, if I had listened to him back then and sold, how great that would have been! Sigh, brother didn't press the point either—if he had said a couple more things then, I might have listened! But his judgment of the market really was spot‑on; it's a pity I never listened on any occasion."

Because she was preparing to sell her stocks, Jing Tian finally had the mindset to "review the board."

With that thought she realized that nearly every market judgment Jiang Heng had ever made to her had come true.

"Ha, brother can read the market this accurately—he's practically the domestic Buffett!"

Da Tian Tian exclaimed in delight, and her admiration grew ever stronger.

The next day, as soon as the stock opened, Jing Tian placed a sell order slightly below the current trade price for one‑fifth of her holdings.

But less than half an hour later the stock rose several points, making her feel a pang of regret and almost unwilling to sell.

But thinking of what Jiang Heng had said yesterday, she ultimately sold her shares in batches.

After selling everything, she let out a low, dry wail: "My little money, just lost like this—sniffle!"

The feeling of heartache welled up, and she decided to turn her sorrow into appetite, going out to find something to eat—no need to mention it.

As for Jiang Heng's side, after the Olympic opening ceremony he finally wasn't so busy.

He took a day off, not knowing where to go, and ended up buying a 3D ticket for Great Havoc in Heavenly Palace to watch his own film.

"Great Havoc in Heavenly Palace" has been on general release for almost a month, but IMAX 3D tickets are still hard to come by, fundamentally because the number of screens is limited.

But the ordinary 3D and 2D versions are readily available for purchase and viewing.

The theater audience was not small, and mostly consisted of middle‑aged and elderly viewers.

Presumably the younger crowd had bought tickets early, so now it was the middle‑aged and elderly group's turn to be the main moviegoers.

Given the current box‑office trend, Great Havoc in Heavenly Palace will certainly have its run extended.

The total box office also looks set to break the 1.35 billion record that Avatar set in mainland China in its previous life, surpassing 1.4 billion.

And the film's worldwide box office can certainly exceed the 1.8 billion record set by Titanic on its first release.

Surpassing two billion US dollars is also not a big problem.

As for Avatar's first-release box office record of 2.7 billion US dollars, we don't need to think about it for now.

The Monkey King is an Eastern mythological story; although it has 3D special effects, hoping to sweep the box office in European and American markets still falls short by a little.

In the blink of an eye, more than ten days passed; the Olympic closing ceremony ended, and then came the Paralympic opening and closing ceremonies.

Thus, the work related to the Olympics is finally over.

Although it was a bit hard, it was also worthwhile.

After all, his wealth at this point is so great as to make people envious; he also does not plan to go abroad to get a green card, so he can only put effort into fame.

So far, the effect is still not bad.

At least, around the time Outstanding Rising Film Company went public, there weren't too many unpleasant incidents.

However, Jiang Heng only rested at home for one day, then took a flight to Yiwu, and then rushed to Hengdian.

Arriving at the hotel booked for him by the crew, he saw a sea of people and booming drums; it turned out that the head of Hengdian Group, Xu Yong'an, had personally come to greet him.

"Congratulations, Director Jiang, your Monkey King has surpassed two billion US dollars in global box office; this is the pride of all Chinese-language filmmakers!"

Jiang Heng shook hands and chuckled: "Thank you, we have to thank our audience; without their support, there would be no me today."

(End of chapter)