Chapter 309 I'm Not a Stock God

iQiyi, Youku and Tencent Video entered the A-share market in early September 07.

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

As the market rose all the way to 10 points in mid-October, the stocks of iQiyi, Youku and Tencent Video also reached historical highs, and then fell along with the market.

Although "The Three-Body Problem" achieved amazing box office results during the Lunar New Year holiday, the A-share market at that time had become a frightened bird and continued to fall.

Under such a general trend, iQiyi, Youku and Tencent Video also rebounded slightly and fell sharply.

The bottom line is that the price was hyped too high at the beginning of listing, and the gimmick of "China's first film and television stock" was too attractive, so many people bought it without looking at anything or analyzing anything.

Datiantian was one of them, and he bought a large amount of stocks as soon as they were issued.

When the market rose to 6,000 points, Jiang Heng advised her to sell.

Da Tiantian said that she was ready to "become a shareholder of iQiyi, Youku and Tencent Video" and would not sell a single share!

After hearing this, Jiang Heng was too lazy to persuade him anymore.

Unexpectedly, after the market index plummeted, this person started crying again, asking when it would go back up!

Jiang Hengxin said that as for the overall market, there would be no hope in the next ten years or so, but there was still hope for individual stocks.

I also advised her to sell it at several rebound points, but Jing Tian was reluctant to sell it when she thought about the high price and refused to sell it.

Jiang Heng was too lazy to talk about it, and as time went by, he was busy with other things and Jing Tian forgot about it.

It was not until the 3D version of "Journey to the West: Conquering the Demons" was released that iQiyi, Youku and Tencent Video's stocks actually rebounded against the trend and hit several daily limit ups in a row.

It was just that Jing Tian was busy filming for the "Warring States" crew before, and he only learned the news now.

"Fortunately, it's not too late now. Sell all your stocks!"

"No, it would be a big loss to throw it away. At the beginning...!"

Jiang Heng said: "You can't think like that. You have to cut your losses when it's time to do so. You can just buy them back later."

Da Tiantian was still a little hesitant, "I'd better think about it. The opening ceremony of the Olympics is coming soon, so the price should go up, right?"

Jiang Hengxin said, I had the same idea as you in my previous life, and I fell so miserably!
"Then you'd better throw it away, otherwise I'm afraid you'll come back and cry again!"

Jing Tian was surprised and asked, "Brother, do you have any inside information?"

"Of course not, but do you believe me?"

"letter!"

"Trust me and sell it!"

"Oh! Will it increase in the future?"

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

"Is there a difference?"

Although Jing Tian has more than half a year of experience in stock trading, he is actually confused most of the time.

"Well, the overall market is unlikely to return to 6,000 points in a short period of time!"

"What about how long?"

"Still no hope!"

"No way?" Jing Tian exclaimed, "Our country's economic development is very good. The book says that the stock market is a barometer of the economy!"

Jiang Heng had a headache after hearing this. "I'm going to teach you the first key to stock trading now. Forget what the book says!"

"Ah, you can't believe anything in the book. Why?"

"Well, in general the situation is very complicated. With your intelligence, it's hard for me to explain it clearly!" Jiang Heng joked.

Da Tiantian was displeased, "Humph, actually I'm so smart that you can't even explain it clearly!"

"I guess so. You're free right now, aren't you?" Da Tiantian heard this and knew that Jiang Heng didn't have time to chat with her. She snorted and said, "Okay, you're awesome. I'll listen to you!"

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

"Humph, I will buy it back sooner or later!"

The arrogant Da Tiantian hung up the phone and looked at the closing price on the stock trading software again. She calculated in her mind how much she would lose if she sold it now compared to the highest price. After the calculation, she felt even more heartbroken.

“Oh, if only I had listened to him and sold it!
Alas, my brother didn’t speak more forcefully. If he had said a few more words, I might have listened to him!
However, his judgment of the market is really accurate, but unfortunately I never listened to him!"

Because he was preparing to sell the stocks, Jing Tian finally had the idea of ​​"reviewing the situation".

Only after thinking about it did he realize that almost every judgment Jiang Heng had made about the stock market had come true.

"Ha, my brother can predict the market so accurately, he is simply the domestic Buffett!"

Da Tiantian was surprised and admired him even more in her heart.

The next day, as soon as the stock opened, Jing Tian listed a price slightly lower than the transaction price and sold one-fifth of it.

Unexpectedly, in less than half an hour, the stock price rose by several points. She felt heartbroken and didn't want to sell it anymore.

Just thinking about what Jiang Heng said yesterday, he finally sold the stocks he held in batches.

After he had sold all his money, he howled in a low voice, "My little money, I just lost it like this, woooo!"

A feeling of heartache came over me, and I decided to turn my grief and anger into appetite, and went out to find something to eat.

As for Jiang Heng, he is finally not so busy after the opening of the Olympics.

I took a day off and didn't know where to go for a while, so I bought a 3D movie ticket for "Journey to the West: Conquering the Demons" and watched my own movie.

It has been nearly a month since Journey to the West: Conquering the Demons Strike Back in Heaven was released, but tickets for the IMAX 3D version are still hard to buy, and the reason is that there are too few screens.

But you can buy and watch the ordinary 3D and 2D versions anytime.

There were quite a few audiences in the theater, and most of them were middle-aged and elderly people.

I think the young people bought tickets early to watch the movie, and now it is the turn of the middle-aged and elderly people to become the main audience.

According to the current box office trend, the release of "Journey to the West: Conquering the Demons" will definitely be postponed.

The total box office is also expected to break the box office record of 13.5 billion set by "Avatar" in the mainland, and exceed billion.

The film's global box office will definitely surpass the $18 billion box office record of "Titanic" when it was first released.

It won’t be a big problem to break through 2 billion US dollars.

As for the box office record of 2.7 billion US dollars achieved by "Avatar" when it was first released, there is no need to think about it for now.

"Journey to the West" is an oriental mythology story. Although it has 3D special effects, it still falls a little short of making big box office success in the European and American markets.

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

At this point, the work related to the Olympics was finally completed.

Although it is a bit hard, it is worth it.

After all, his wealth at the moment is enviable, and he is not planning to go abroad to get a green card, so he can only work hard on his reputation.

So far, the effect seems to be good.

At least there weren't too many bad things happening before and after iQiyi, Youku and Tencent Video went public.

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

When he arrived at the hotel booked for him by the crew, he saw a sea of ​​people and loud drums and gongs. It turned out that Xu Yongan, the president of Hengdian Group, came to greet him in person.

"Congratulations, Director Jiang, your film 'Havoc in Heaven' has grossed over 2 billion US dollars worldwide. This is a source of pride for all of us Chinese filmmakers!"

Jiang Heng shook his hand and said with a laugh: "Thank you very much. I have to thank our audience. Without their support, I wouldn't be where I am today!"

(End of this chapter)