The Birth of the Magic City's First Conglomerate

Turning thirty is an awkward age. Some people shine brightly and achieve glory at this age, while others find their lives a messy struggle.

Undoubtedly, Chen Pingsheng belonged to the latter....

Chapter 320: Real Money

Want to develop a small company into a listed company.

That requires too many factors, a good management team, a development strategy, and a series of essential excellent management.

To bring down a listed company, perhaps all it takes is a small document or an unknown investigation.

Obviously, this is what Tengying Group is facing now.

The financial clerk who had been arranged to work by Huayi for more than two years publicly reported tax evasion under his real name.

Later, Master Yan applied to join the investigation team directly from above with his great background.

Enter the group to investigate the chairman himself.

If this happened to an ordinary entrepreneur, it would basically be the end of him.

After all, the investigation team is entering the company to conduct an investigation, so they must obtain some evidence.

This is an extremely unfavorable signal for the entire capital market.

No one dares to buy Tencent Pictures stocks at this time.

Those who hold its stocks will panic and choose to sell them at the first opportunity.

Inventory, sale, and investigation team move in.

If these three moves were taken, any ordinary company would have collapsed long ago.

Not to mention having to guard against the brutal invasion of the entire enemy group behind.

After Guangdong's number one secretary Xu Jing rushed to Hong Kong, she immediately held a global press conference at the Hong Kong headquarters.

It was announced that Tencent Film Group will set aside 10 billion yuan in cash to deal with the crisis and quickly repurchase its own shares.

To put it bluntly, the 10 billion yuan is used to stabilize confidence in the capital market.

Unfortunately, it's of no use at all.

In the mainland, Mr. Yan immediately used his own media resources to release a series of news that was unfavorable to Tengying Group.

The attempt is to further suppress the stock price and quickly undermine the confidence of shareholders.

It’s not about the entertainment industry anymore, compared to those top female stars who were eliminated.

The battle between these two companies has attracted the attention of the entire financial community.

After all, it started with Huayi and Tengying Entertainment, and now it is a struggle among the entire Tengying Group.

The founder of Huayi himself simply cannot come up with such a large amount of funds to launch a comprehensive attack on the Tencent Film Group.

There must be a bigger hand behind this.

Shanghai Finance Today even devoted an entire section to a headline titled "Reappearance of Savage Capital, Is Tencent Film in Crisis?"

It fully introduces the Tencent-Yingzhou crisis and directly compares it to the second version of the Vanke-Baoneng battle.

And in that battle, the chairman was ultimately eliminated.

It is difficult to say now whether Tengyingxi will have the same result.

As of now, there are five listed companies in the Tengying Group, namely Tengying Entertainment, Lujiao Coffee, Tenghui Department Store, Bobo Milk Tea, and Feiyangyang Catering.

These are only the listed companies. If we add those that are not listed, the group's assets will be at least 200 billion.

This is a super high-quality giant group.

No wonder it attracts so much barbaric capital to attack.

Once it is taken down, the benefits will be beyond imagination.

Compared to this, sacrificing a few top actresses is nothing.

Whoever capital wants to become a big star will become the big star.

Not only is the Shanghai area reporting the news extensively, but media outlets in other places like Guangdong, Shenzhen, and Beijing are also rapidly paying attention to this incident.

Their impact is no longer limited to the entertainment industry, but also includes tens of millions of retail investors.

The investigation team will have to stay in Tengying Group for at least a month. Until their results come out, no one else will dare to buy the bottom of Tengying’s stock price at this time.

The 10 billion yuan it put out was only enough to keep the stock price from falling too fast.

As for Xu Daizi and Master Yan, they also took out more than 10 billion yuan, and both sides were fighting fiercely.

All of them were trading sideways in the secondary market, and both parties quickly mobilized more than 20 billion yuan of funds to grab the market.

This did not cause Tencent Pictures' stocks to rise, which shows how powerful the investigation team is.

December 8th.

Zhao Liying, Yang Mi and others each took 200 million in cash and started to repurchase Tencent Entertainment's shares.

Others such as Bai Lu, Chen Teng, Wu Jing and others began to pay money to buy back.

More than 5,000 store managers of Lujiao Coffee opened accounts and attempted to use the little spare money they had to publicly support their own companies.

Feiyangyang has more than 20,000 employees, who have united as one and started to spontaneously support the market.

You can't change your boss, once your boss changes.

Then they will all be controlled by capital, and those who need to lay off employees will be laid off, and those who need to cut salaries will have their salaries cut.

Everything will move towards the capital market.

It will no longer be possible to get a salary of 12,000 yuan for doing the work of 8,000 yuan as it is now.

Facts have proved that the operation of a business must ultimately conform to the general trend of people's hearts.

Once a crisis occurs, employees will spontaneously protect you.

Unfortunately, all this is just a joke in the eyes of Master Yan and Xu Daizi.

How much money can employees contribute?

How much can they casually take out?

Without being able to mobilize tens of billions of cash, how dare you try to take over the entire Tengying Group?

In all this, Huang Zhongshi is the only one who is being used like an idiot without even realizing it.

To put it bluntly, after Huayi lost its pillars such as Fan Haomen, Bai Yinghou, and Yang Baobao, what else does it have that can be worth a stock price of hundreds of billions?

Not at all.

So, he really broke his bones when he fell.

It is harder than climbing to the sky to get it back up.

After all, if you want to cultivate a top star, capital and luck are both indispensable.

It will be difficult for Huayi to return to its previous position as the number one in the entertainment industry.

As for Tengying Entertainment, it’s different.

Although their family was investigated, none of the top stars really got into trouble.

Before the news came out, all the holes were immediately filled with their own funds.

The reaction was so quick that Master Yan thought it would be impossible to defeat one or two of its generals.

Besides, their goal is to take control of the entire Tencent Film Group.

If we really kill off all these money-making people, what would be the point of buying an empty shell entertainment group?

Isn't this stupid?

So whether it was Xu Daizi or Master Yan, they pointed their guns at Chen Pingsheng personally.

None of the generals under him who can make money will be touched.

Even if we fail to seize the controlling stake, it will still be a business miracle of buying at the bottom and grabbing the market.

You can earn at least tens or hundreds of billions.

If he attacks all the pillars of his group, wouldn't that be harmful to himself?

After all, they are the ones who have invested hundreds of billions of dollars to buy Tencent Pictures stocks.

This is also the real reason why those who get into trouble are all big artists of Huayi Film and Television.

To put it bluntly, capital is not stupid.

It is true that they want to deal with Chen Pingsheng, but they definitely do not want to die with him.

It is even more impossible to use self-harm to cause endless internal consumption.

After spending more than 10 billion yuan, it is obvious that he can become the third largest shareholder of Tencent Film Group.

Second only to Chen Pingsheng and the earliest investor Tong Zelan.

The only party that was truly suppressed was Huayi Film and Television, which fired the opening shot.

Huang Zhongshi only realized the sinister intentions of these people now.

He also became the earliest victim of this capital game.

The second group is more than 100,000 retail investors who had previously bought stocks on both sides. These people are involved in the game of capital.

The stocks I bought for 10,000 are now only worth 5,000.

When the market makers attack this level, the only ones who suffer huge losses are often retail investors.

Who said investing is risky?

Compared with the retail investors of Tencent and Film Group, those on Huayi are obviously more pitiful.

After all, Tencent Film actually put out more than 10 billion yuan to support the market.

The stock price is stuck at 40 billion and it is difficult to fall any further.

However, it is impossible for Huang Zhongshi of Huayi to immediately take out 10 billion in cash to protect the market like Chen Pingsheng.

Used to repurchase its own shares and stabilize market confidence.

Even if there is, he won't take it.

As outsiders can see, the loss of three top female stars in a short period of time has already dealt a heavy blow to the team.

It is impossible to return to the top spot in the entertainment industry in the future.

(End of this chapter)