Qi Hao might hold onto Penguin's stock for a long time, but Mrs. Hua definitely won't.
His share in Mrs. Hua's stock is less than 5%, and such shares generally become unrestricted a year after listing. It's best to wait until Mrs. Hua produces a blockbuster movie, then sell high.
After selling, they each go their own way, without interfering in each other's business.
However, life won't abandon you, but it won't spare you either.
Not many days into June, Qi Hao felt that stocks were a pain in the ass.
Qi Hao got his hands on Penguin stock in January, when the price was 60 HK dollars.
Later, it even rose to 72.
This means his personal assets increased by tens of millions solely because of the appreciation in Penguin's stock price.
More than what he earned after mixing in the entertainment industry for years.
But after a period of joy comes sorrow. Before he even celebrated for a few months, Penguin's stock started plummeting after June, experiencing continuous drops.
