The Super Rich: Start from when the family business is about to go bankrupt!

Chapter 360 WPG0359: Neon: Oops! It's coming for me! Nova Pharmaceuticals' stock price soars!

In response to Yang Chang's question, An Wuyang did not answer immediately, but communicated with Valle Siman in English.

"Vale, does our cooperation count as Chinese herbal medicine targeting Japan?" An Wuyang was asking on the surface, but was actually trying to shift the blame.

Valais responded affirmatively, "Of course! With our Nova's research and development capabilities, plus your Five-Eight Day's resources, Neon Kyushin's heart-saving pills will definitely die!"

Yang Chang could understand English, so he responded in English, "Sorry, I heard your conversation."

Valai responded indifferently, "It doesn't matter, you are the official TV station of Xia Country, right?"

Yang Chang answered affirmatively, "Yes."

"Then you can report truthfully. Our cooperation is targeting Neon Kyushin's heart-saving pills, and they have no chance of winning. This is what we at Nova Pharmaceuticals say!" Valle Siman said confidently.

good good!
This Wallace Seaman knows how to show off!
An Wuyang added jokingly, "Will it be useless even if God comes?"

Yang Chang was from Xia country, he understood An Wuyang's joke, so he laughed.

Valle also used laughter to hide his embarrassment. He didn't dare to say that even if God came, it would be useless.

……

'Ding! '

'Random event: The neon-shaped heart-saving pill will definitely fail!'

'The little neon heart pill is dead!'

"I, Valle Seaman, said that unless God comes, there is no hope!"

'The high-profile performance of Nova Pharmaceuticals CEO Vale Seaman will make him pay more attention to the cooperation projects between the two parties and put pressure on the top cutting-edge medical research team sent by Nova Pharmaceuticals.'

'Therefore, the development time of the heart-saving pill based on the vitality recovery factor has been reduced from no more than 90 days to no more than 60 days!'

……

what?
Does pretending to be cool have this effect?
If An Wuyang had known that bragging could have such a good effect, he would have wanted to take the opportunity to brag himself instead of letting that little old man Wallace Simon do it!

An Wuyang then asked He Yuming, the evening news reporter from Shengqing TV, to ask questions.

He Yuming's English is not good and she couldn't understand the conversation between An Wuyang and Vale Ximan.

"Hello, Mr. An, I would like to ask, regarding the cooperation between Wugengtian and Nova Pharmaceuticals, who among you decides the pricing rights of related products?" He Yuming asked.

The details of the cooperation between Wugengtian and Nova Pharmaceuticals have not been made public, for example, the product patent rights belong to Wugengtian.

He Yuming's questions indicate that he wants to explore these details.

Because pricing power largely reflects which company holds a dominant position in the cooperation.

An Wuyang smiled and replied, "If there are corresponding results in the cooperative project and commercial products are launched, the corresponding pricing power will be determined by us at Wugengtian."

He Yuming was secretly surprised. In the cooperation between Wugengtian and Nova Pharmaceuticals, it turned out that the former took the dominant position?

This is also a breaking news!
When the reporters from the two TV stations finished asking questions, the joint press conference also came to an end. Tang Wenshu led Zhao Tuo and three new people from the secretariat to distribute Jishishima redemption coupons.

Only staff members of two TV stations enjoy this benefit.

As for self-media practitioners?
Feel sorry!

As the press conference ended, An Wuyang wanted to host a dinner to entertain Vale Siman, but was rejected.

According to the other party, with the signing of the cooperation agreement between the two parties, Nova Pharmaceuticals has a lot to do, so how can they have the time to attend the dinner?

That’s true!

Because whether it is the scientific research equipment needed to establish a cutting-edge medical research laboratory or the top cutting-edge medical research team, they are all handled by Nova Pharmaceuticals, and they do have a lot to do.

As the joint press conference between Wugengtian and Nova Pharmaceuticals ended, related news began to ferment on the Internet.

After some Japanese students studying in Xiaguo discovered this information, they began to forward the corresponding message to Japan.

In the Japanese Internet world, the news of Wugengtian’s cooperation with Nova Pharmaceuticals did not cause much stir, because what does this matter have to do with ordinary netizens?
Since there is no relationship, why should ordinary netizens pay attention to it?
However, for the parties involved, facing this news was like the sky falling!

In recent years, Neon has been quietly stealing Xia's traditional medical knowledge, registering it as so-called "Chinese herbal medicine", and even dumping it back into Xia, with sales quite good.

However, Japan’s Chinese herbal medicine is in trouble now!

First, Tsumura Pharmaceutical's previous flagship product, 'Shogun Soup', was attacked by Shuxin Pills, resulting in a sales plummet.

Now the Renzi brand heart-saving pills have also met their rival?

Although this competitor has not even hatched a product, everyone knows that it is only a matter of time before related products are developed.

Because the Renzi brand heart-saving pills are essentially nature's porters.

In the confrontation between the two nature's porters, Wu Gengtian was obviously more powerful.

Japan's traditional Chinese medicine companies hesitated for a moment, because judging from Wugengtian's development strategy, this was obviously aimed at them!

If An Wuyang knew the ideas of these Japanese traditional Chinese medicine companies, he would definitely sneer at them.

Because this incident was clearly caused by Nova Pharmaceuticals, why should Wu Gengtian take the blame?

After An Wuyang took over Wugengtian, he always wanted to change the positioning of Wugengtian and develop Wugengtian into a modern pharmaceutical company, so An Wuyang actively invested in the Tanbian team.

He was not willing to be just a porter of nature.

However, Nova Pharmaceuticals' operation has opened a new door for An Wuyang, and Wu Gengtian can further develop by stepping on the Japanese traditional Chinese medicine companies.

What’s more important is that Wugengtian doesn’t need to do it itself, because other pharmaceutical companies will do it for it!
Especially after the example of Nova Pharmaceuticals, other pharmaceutical companies should have reacted, right?

In this way, Wugengtian Pharmaceutical Group will be given another layer of armor.

After all, those pharmaceutical companies that cooperate with Wugengtian Pharmaceutical Group will form a new interest group with Wugengtian Pharmaceutical Group to jointly resist external risks.

At 10:30 that evening, the U.S. stock market opened.

Because it is the Bald Eagle’s winter time, the market will not open until 10:30 pm in the summer country time;
If it is daylight saving time, the market will open at 9:30 pm summer time.

The U.S. stock market does not have a lunch break like the A-share market. The official trading hours are from 10:30 p.m. to 5 a.m. the next morning.

As for pre-market trading and after-market trading, ordinary investors do not need to pay special attention.

However, during pre-market trading, Nova Pharmaceuticals had obviously been targeted by professional investment institutions, so much so that when the market opened, Nova Pharmaceuticals' stock price directly jumped higher.

At the close of yesterday, Nova Pharmaceuticals' stock price was $90.82.

However, when the market opened today, Nova Pharmaceuticals' stock price directly hit a high of US$98.86, an increase of more than 8.8%.

The US stock market of the Bald Eagle does not have any single-day price fluctuation limits like the A-share market.

In addition, Nova Pharmaceuticals is not a component of the S&P 500 Index or the Russell 1000 Index, but only a component of the S&P Global 100 Index, so circuit breaker management is relatively easy.

The U.S. stock market does have very loose regulations on circuit breaker management for non-dual index stocks such as Nova Pharmaceuticals, requiring a 5% rise or fall in the stock price within 30 minutes to trigger the circuit breaker mechanism.

This mechanism made the stock price of Nova Pharmaceuticals like riding an elevator. Even though the opening price had already jumped up, it continued to rise after the opening. Just ten minutes after the opening, the stock price of Nova Pharmaceuticals rose to a high price of $118.45.

The stock price in the first ten minutes of trading had increased by less than 20% compared to the opening price, so it naturally could not trigger the circuit breaker mechanism, so Nova Pharmaceuticals' stock was still trading normally.

In the interest group communication group established by An Wuyang, Chen Hongzhi is circling An Wuyang.

'Chen Hongzhi: @An Wuyang: WTF! '

'An Wuyang: Gender: Male, like females, thank you.'

'Chen Hongzhi: No, Brother Wuyang, don't you pay attention to the US stock market?'

'An Wuyang: We are not suitable to participate in it at the fifth watch.'

'Chen Hongzhi: That's such a pity! '

'Chen Hongzhi: I asked for $2000 million in funding before, and then invested all of it in Nova Pharmaceuticals. My cost of building the position was only $83.68 per share.'

'Chen Hongzhi: Now the stock price of Nova Pharmaceuticals is about to reach 120 US dollars! '

When investing in the U.S. stock market, you can buy as little as 1 share, instead of having to buy in whole numbers of 100 shares per lot like in the A-share market.

'Li Shiyu: I invested less money, only 800 million US dollars, and the cost of opening a position was 84.22 US dollars per share. Although the cost is a bit high, I am making a lot of money now! '

'Lin Qianli: Thank you, Brother Wuyang! '

'All is well:'

'An Wuyang: Everyone, stop talking. My suggestion is that next time when I arrive in the capital, you should all treat me to a meal, and then we can talk about these things in person.'

'An Wuyang: Our current chat software is not very confidential! '

An Wuyang was thinking that once he got the top hacker team in place, the first task would be to develop an instant messaging software for internal communication instead of always using green bubbles to talk about these things.

There is naturally no problem in communicating ordinary chats and routine work content through green bubbles.

However, An Wuyang was worried that something unexpected might happen if this kind of suspected insider trading was communicated through Green Bubble.

'Chen Hongzhi: So when will Brother Wuyang come to the capital again?'

'Li Shiyu: We will definitely make sure that Wuyang is comfortable.'

'Lin Qianli: You look so comfortable, I suspect you are driving!'

'Lin Qianli: But this time it's worth driving! '

'Zhu Guanghao: Damn! I was too slow. The cost of opening a position is so high, $90.56 per share.'

'Chen Hongzhi: I looked at the stock price of Nova Pharmaceuticals again, and it is now $122.34. Don't bark! '

'Sun Kairui: So I also made money? '

'Chen Hongzhi: I borrowed $10 from you. Based on our opening cost and the current stock price, you have made about Xia Guoyuan.'

'Chen Hongzhi: We are foreigners in the US stock market. We do not need to pay taxes there. We only need to provide corresponding certificates when the funds return to China, and then pay 20% capital gains tax.'

'Chen Hongzhi: Simply put, you made more than 200,000 yuan! '

'Sun Kairui: Great! '

'Sun Kairui: Thank you Brother Hongzhi for saving my life this time! '

'Chen Hongzhi: I already know about your situation. I advise you to turn back as soon as possible.'

'Sun Kairui: I'

'Li Shiyu: This idiot is determined to hit his head against the wall, Brother Hongzhi, just let him do it!'

'Zhu Guanghao: He is indeed stupid! '

'Sun Kairui:.'

'An Wuyang: Young people always think that love is the only meaning.'

'An Wuyang: @Sun Kairui: Brother, I suggest you pretend that you have no money, and then see the other party's attitude, and then make a decision.'

'Li Shiyu: I think Wuyang is right! '

'Zhu Guanghao: Didn't you say that she really loves you too? '

'Zhu Guanghao: Then let's see what her attitude is when you have no money and your family doesn't care about you?'

'Chen Hongzhi: You can't get this money back for now, I think you can really refer to everyone's suggestions.'

'Sun Kairui: I understand, thank you brothers.'

An Wuyang had just finished communicating with his brothers from the Imperial Capital Circle and the Shengqing Circle when he received a call from Qin Sheng.

Qin Sheng said with excitement in his tone, "Boss An, have you looked at the U.S. stock market?"

"Nova Pharmaceuticals' stock price has gone crazy, I get it!" An Wuyang responded sarcastically.

"Hahaha, I really made a lot of money this time!" Qin Sheng laughed.

"What is your cost of building a position?" An Wuyang asked curiously.

"Not high, not high, about 86 US dollars." Qin Sheng responded.

"However, I invested 100 million yuan in it," Qin Sheng added.

An Wuyang raised his eyebrows, "Didn't you say 3000 million US dollars before?"

"I temporarily borrowed some money from the bank, just for one month, but the interest rate was 1.25 basis points. It's really too much!" Qin Sheng complained.

Perhaps at first glance the interest rate of only 1.25 basis points seems quite reasonable?
But if you only borrow it for a month, that’s pretty dark!

Because after comprehensive calculation, the annual interest rate is as high as 15%.

The laws of the Xia country once stipulated that the cut-off interest rate for usury was 24%, but in July last year, the Supreme Court revised the regulations again, lowering the annual interest rate cut-off for usury to 15.4%.

The amount of money Qin Sheng borrowed just happened to be below this line, so the interest rate was really very high. Adding a little more would be considered illegal usury.

"You made a lot of money this time!" An Wuyang exclaimed.

It’s a pity that An Wuyang couldn’t participate in this opportunity, otherwise he might have been invited by the Bald Eagle to be investigated.

Qin Sheng laughed, "Not much, not much. Currently it's almost three hundred million."

"Get out of here!" An Wuyang complained directly.

Qin Sheng said sensibly, "Boss An, after I get the money, I will give you another big gift!"

This guy understands the ways of the world. An Wuyang helped him make money, so he must reciprocate!
(End of this chapter)