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In July, the sale of Nvidia exceeded $0.32 billion! Huang Renxun has set a new record for cashing out for two consecutive months.
According to the shareholding rules adopted in March, Huang Renxun sold Nvidia stocks worth 0.323 billion US dollars in July and broke his personal monthly record for cashing out, which was set in June by selling nearly 0.17 billion US dollars. Some analysts believe that Huang Renxun's timing was perfect for cashing out before Nvidia's sharp drop in August, and he had successfully taken advantage of the last surge in chip stocks. Nvidia fell more than 15% on Monday's opening and was deeply mired in a bear market.
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