Chen Pingsheng decided to invest another 72 billion to increase his holdings in NVIDIA during its trough, a move even his wife wasn't too supportive of.
It was actually quite normal, considering NVIDIA had been plummeting without respite over the past year.
Anyone looking at it would think it still had more room to fall.
While everyone else was dumping, he took out over 70 billion to buy more.
This was undoubtedly a very bold gamble.
His gamble wasn't on a small betting table — it was on a world-class industrial project.
Losing 70 billion on NVIDIA last year was nothing to him, as long as it could bounce back.
In May of this year, he took his private jet to Singapore.
The 1.4 billion project he invested in Xiangjiang alongside Tong Zelan and Shen Nanpeng has already been completed.
The returns align perfectly with expectations — the net profit isn't particularly high, but it's steady.
