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Chapter 116: Buying Forty Million in Maotai Stocks! (Part 1/3)
“Gao Mingzhou said, “Tang Feng, I really didn’t expect that Lawrence, on his visit to China, would propose such a cooperation plan. He had never mentioned it to me before.”
“Mr. Gao, don’t worry! As long as I don’t participate, this mathematical research group will definitely not be established,” Tang Feng said confidently.
“You really hit the nail on the head! Mr. Qiu told Lawrence that the two sides could continue to cooperate without your participation! But Lawrence refused,” Gao Mingzhou said with a smile.
“This old fox, don’t think I don’t know what he’s up to. He wants to establish this mathematical research group because he wants to share the achievements made by the group,” Tang Feng said.
“Your mathematical ability has caused panic among them. They worry that you will achieve higher accomplishments and produce more results in the near future. So, they want to take this opportunity to establish a mathematical research group and share a piece of the pie,” Gao Mingzhou said.
“Their calculation is quite good! Unfortunately, we are not fooled by them,” Tang Feng responded.
“I was actually sweating at that time! I was really worried that you would agree to their proposed cooperation plan! Once you agreed, it would be somewhat unreasonable for Mr. Qiu and I to oppose it,” Gao Mingzhou said, shaking his head.
“Mr. Gao, when are Lawrence and his team leaving China?” Tang Feng asked.
“They should be leaving tomorrow morning. This afternoon, they will have an exchange with some members of the Chinese Mathematicians Association,” Gao Mingzhou answered.
“I was thinking that after they leave, we will form our own mathematical research group,” Tang Feng said.
“That’s a good idea! You will be the leader of this group! And you can decide on the members,” Gao Mingzhou said with a smile.
“I want to select a group of young mathematicians. I want to cultivate them and then make them the backbone of China’s mathematical community,” Tang Feng said.
“How do you plan to select them?” Gao Mingzhou asked.
“A nationwide selection. I will set a set of questions to test their potential in mathematics. As long as they pass, they can be selected into this mathematical research group,” Tang Feng answered.
“Did I hear that right? You said pass?” Gao Mingzhou was very surprised.
“No,” Tang Feng shook his head, saying, “The questions I set, passing them is already good! I estimate not many people can pass!”
Hearing this, Gao Mingzhou gasped.
He had no doubt about Tang Feng’s words. After all, Tang Feng’s mathematical strength was evident.
So many world-class mathematical problems had been successfully solved by Tang Feng. It would be a matter of minutes to set a few questions that would make domestic mathematicians fail the exam.
“It’s getting late, let’s go, I’ll treat you to a meal,” Gao Mingzhou said.
“I received so much prize money today, how can I let you pay? I’ll call Professor Lu to see if he has eaten. If he hasn’t, we can go out to eat together,” Tang Feng said, taking out his phone and making a call.
After the call ended, Tang Feng told Gao Mingzhou, “Professor Lu will be here soon!”
In less than five minutes, Lu Tao appeared in front of them.
“Professor Lu, after we eat, you’ll have to accompany me to the bank,” Tang Feng said.
“Sure! No problem!” Lu Tao agreed very readily.
They found a decent-looking restaurant outside the school and had lunch there.
After lunch, Lu Tao accompanied Tang Feng to the bank.
Soon, four million US dollars were exchanged into Chinese yuan.
Additionally, Tang Feng deposited the two million Chinese yuan awarded by the Chinese Mathematicians Association into his bank card.
Thus, his bank account had about forty-eight million yuan.
He was only two million yuan short of reaching half of his small target.
The bank manager personally escorted them to the car.
“Tang Feng, I really didn’t expect that in less than two months, you’ve already earned fifty million. I remember you said last time that you were planning to invest this money in the stock market. Have you started trading stocks yet?” Lu Tao asked with interest.
“Not yet,” Tang Feng shook his head, saying, “I’ve been busy all this time, I’ll find time to open an account at a securities company.”
“Why not do it today since I’m free this afternoon? I can accompany you to open an account,” Lu Tao offered.
“That works!” Tang Feng thought for a moment and agreed.
Then, they went to a securities company.
Tang Feng quickly opened a stock trading account.
Then he did not leave immediately.
He chose to trade directly in the lobby.
He looked at the names of the stocks on the screen in the lobby.
He quickly found the most familiar one!
Maotai Company!
The stock price of Maotai Company was only 20 yuan per share.
It was ridiculously cheap!
He did not hesitate at all and directly spent 40 million to buy 2 million shares!
Lu Tao was shocked by his operation!
After all, in his view, Tang Feng was completely a novice in stock trading!
Novices are usually very cautious!
Not to mention 40 million, even 4,000 yuan would require careful consideration.
But Tang Feng did not.
In an instant, everyone in the trading hall of the securities company knew that a very wealthy young man had arrived!
He spent 40 million yuan to buy stocks of Maotai Company!
On the way back to school, Lu Tao looked at Tang Feng and couldn’t help asking, “Why did you suddenly buy so many shares of Maotai Company?”
“I am optimistic about the future of Maotai Company! Professor Lu, if you have spare cash, you might also consider buying some.”
He had known Professor Lu for not a short time, and the latter had been very good to him. With such a good opportunity to make money, he naturally would not forget him.
“But as far as I know, the stock price of Maotai Company has been falling recently. It dropped from 23 at the beginning of the year to 20 now,” Lu Tao answered.
“Is that so? In that case, didn’t I just catch a bottom?” Tang Feng appeared very happy.
“I don’t know if it’s the bottom. But I always feel that buying so many shares of Maotai stock all at once is very risky,” Lu Tao was a bit worried.
Although the money Tang Feng used for stock trading was earned through solving world-class mathematical problems, it also involved a lot of time and countless brain cells.
If all that money went down the drain, it would indeed be a cause for sighs.
“I think it’s okay. Of course, I bought these stocks planning to hold them for the long term,” Tang Feng smiled.
“How long is long term?” Lu Tao asked.
“Five years. Of course, if the market is always good, I will continue to hold,” Tang Feng answered.
“Why are you optimistic about Maotai Company?” Lu Tao continued to ask.
He believed that with Tang Feng’s intelligence, he wouldn’t have chosen this stock on a whim.
“Accurately speaking, I’m optimistic about China’s future economy. With economic development, consumers’ demand for high-end liquor will definitely increase. Whether it’s for hosting guests or giving gifts, it’s a good choice,” Tang Feng answered.
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Moofie[Translator]
Just a college student that loves reading novels~!