From Becoming Penguin's Major Shareholder to Building an Entertainment Empire

Note that this book is a slow-burn novel, and it will become increasingly exciting as the story progresses.

It starts from 2002, beginning at the Beijing Film Academy, and starting with the H...

Chapter 56 Giving Shen Lanlan a Financial Lesson

Shen Fang patted the silly Shen Lanlan.

"Later, Lantian lost the game and embarked on the path of destruction."

The Lantian incident was a trigger, and I mentioned the term "rental layer" in it.

Economist Qiu Xiaohua once cited a source: "In the mid-to-late 1980s, China implemented a 'dual-track system' for the prices of some means of production and consumer goods and loans, which allowed 'special groups' to enjoy 600 billion yuan in wealth from the price difference."

In the 1980s, how many ordinary people could only dream of becoming "millionaires" with a sum of money? Therefore, it is probably no surprise that this "special group" already existed in the 1980s.

This "special group" abused their power in the fields of finance, securities, real estate, land leasing, construction engineering, and material procurement.

In the securities sector, there exists a group of "rent-seekers" and "nouveau riche" who engage in fraud, manipulate the market, and stir up trouble. The existence of this "profit-making layer" is the biggest destabilizing factor in the entire securities sector and the biggest obstacle to its healthy development.

Then this year, the stock market was hit by a "regulatory storm".

In the nine months following the appointment of Laura Cha, a representative of the "returned overseas students," the China Securities Regulatory Commission (CSRC) did indeed issue more than 40 regulations and penalty decisions, and investigated and dealt with a number of major violations of discipline and law in the securities field, such as the Yian Technology case, the Zhongke Venture case, the Bosera Fund case, the Yinguangxia case, and the Sanjiu Group case.

Shen Lanlan raised her hand to ask a question.

"Won't these rentier classes retaliate?"

Shen Fang nodded and looked at Shen Lanlan with a sense of admiration, saying that she was a promising young woman.

"Of course they retaliated. They have a lot of money and decided to compete with Shi Meilun. If you don't let them make money, they will crash the market and cause trouble. Even if they lose some temporary benefits, they are prepared to drive Shi Meilun away. After being used to being domineering, how could they be scared by a single word from someone else? As a result, our domestic stock market has experienced fluctuations this year. When gods fight, mortals suffer. It will probably stabilize around next year."

Shen Lanlan nodded, seemingly understanding but not quite. The doorbell rang; the takeout had arrived. Shen Lanlan happily went to collect the food. Then Shen Fang paid the bill.

The three of them, grandfather, grandmother, and grandson, began to eat after a delicious meal was laid out.

Shen Lanlan looked at Shen Fang while biting into a large chicken leg.

"Uncle, didn't you say the stock market would be volatile this year? Why are you raising funds?"

Shen Fang took a bite of duck neck.

"Although the stock market is volatile right now, your great-uncle is a stock market genius. Besides, I plan to hold long-term and don't play the short-term game. Moreover, we're betting on industrial groups. There's not much risk. Lanlan, if you trust your great-uncle, take out your hidden savings and invest with me. I won't say a hundredfold return, but it'll definitely increase your wealth tenfold in two years."

Upon hearing this, Shen Lanlan stared intently at Shen Fang. After exchanging glances, she thought to herself, "My uncle probably wouldn't cheat me out of my money, would he?"

Shen Lanlan picked up a duck neck and eagerly handed it to Shen Fang.

"Uncle, you're not kidding me, are you?"

Shen Fang rolled his eyes at Shen Lanlan.

"With your paltry fortune, why would I need to lie to you?"

Shen Lanlan looked at Shen Fang with resentment.

"Your uncle's money is definitely a lie to you, but it's my lifeblood. You'd better be reliable. My happy future depends on you."

Shen Fang nodded.

Shen Lanlan turned and went upstairs, and came down a short while later, handing a bank card to Shen Fang.

"Uncle, there's 3 million inside, given by my dad. This is my dowry! It doesn't matter how much it makes, just don't lose it!!!"

Shen Fang looked at Shen Lanlan in surprise. Good heavens, a real rich woman?! 3 million? That's quite a generous dowry.

"Okay, why don't you come with us this time? Just so you won't worry about your little money."

Shen Lanlan immediately shook her head.

"No way. I'm perfectly fine in Beijing. I'm not going back to Guangdong. I've been here for so many years, I'm sick of it. Besides, all the 36D girls in Guangdong are ugly. The girls in Beijing are much prettier."

Shen Fang shook his head.

This child is hopeless, indulging in wine, women, wealth, and power.