This is the most sinister face of capitalism.
Subprime mortgage.
This was the only amount of money Xing Baohua could raise.
It means mortgaging his profits. While it may seem like tens of billions, Xing Baohua can only get back a little over eight billion, and that can only be used for domestic and targeted consumption.
This restricts the freedom of consumption.
Actually, they were just trying to reduce the risk, afraid that Xing Baohua would squander the money. That was the official reason; the real reason was that they were afraid Xing Baohua would cash out and transfer the money.
Subprime loans and regular loans have different restrictions. The former is considered high-risk, while the latter is considered low-risk.
Even banks wouldn't dare let you run away with the money so easily.
Therefore, the stocks that Xing Baohua designated to purchase were first paid for by the brokerage firm on the bank platform, and then settled at the end.
Whether it's buying property or stocks, as long as Xing Baohua dares to spend, the banks he partners with are willing to provide him with financing.
That's why Xing Baohua was able to be so generous.
This guy, relying on his money, managed to drive up the prices of several stocks he was optimistic about.
They quickly acquired a stake and became one of the shareholders.
Regardless of that, keep acquiring. As long as someone is selling, he'll buy it, and he'll be happy with the profits, even if it's just for the chairman.
Walmart, in particular, made the largest acquisition.
Aren't you short on money to expand? No problem, I have plenty of money here.
Following this acquisition, they even attended a shareholders' meeting and immediately proposed a plan to accelerate the expansion of their global stores.
Short of money?
He can increase his investment! Just give him shares proportionally. He could use his money to open a shop.
A $500 million capital increase plan is underway at Walmart.
The sugar platter was too big; Xing Baohua couldn't handle it in a short time and thus couldn't gain any say in the matter.
With Buffett also acquiring stocks, it's become more difficult for him to absorb them, and the prices have also risen considerably.
That day, while Xing Baohua was in his office thinking about how to continue spending money, the receptionist, Xiaotianxin, told him that a guy who claimed to be a director wanted to see him.
director?
Xing Baohua's eyes lit up, and he asked the receptionist to invite the person in.
I thought it was a director I didn't know, but it turned out to be a truck director.
"Why didn't you call me before you came?" Xing Baohua asked, inviting the truck director and his agent to sit down.
Ask your sweetheart to make some coffee for the two of them.
The agent said flatteringly, "I sent you a message yesterday, but you didn't reply."
"Really? Maybe you were too busy to notice? Is my film finished?" Xing Baohua asked.
When Xing Baohua approached the truck director, the guy was still hesitant, but he took the job because of the money.
A few minutes of racing commercials is a piece of cake for him.
There weren't any major technical difficulties; the only computational challenge lay in the special effects.
The story of how the Pegasus car raced against a Lamborghini, a Ferrari, and a Porsche, and the Pegasus car emerged victorious.
This time, after the shoot, I brought samples to show Xing Baohua.
The film was copied onto a cassette tape, and Xing Baohua happened to have the equipment. He had it carried into his office, inserted the tape, crossed his arms, leaned against his desk, and began to enjoy the lavishly produced advertisement.
To be honest, he overestimated this world-class director.
Maybe they're just not good at shooting commercials?
In short, the advertisement did not suit Xing Baohua's taste and did not meet his expectations.
After reading it, Xing Baohua asked, "Can it still be changed?"
The truck director and his agent exchanged a glance, then nodded. The truck director replied, "The main storyline can't be changed, but some scenes will require reshooting. However, to reduce costs, we can re-edit it. What changes do you think are needed?"
"Don't you think we need to add some excitement to the speed? The kind that gets your hormones pumping?" Xing Baohua said, pointing to the advertisement on TV.
"You mean, if it's too slow, you want it to be faster and more exciting?"
Xing Baohua slapped his forehead and said in a slightly loud voice, "We need a girl, the kind with blonde hair and a cute kitten look."
Seeing the truck driver nod, Xing Baohua continued, "I parked by the roadside to buy something at a convenience store. The Pegasus truck's appearance attracted a lot of attention, including a blonde little cat who came over to chat me up."
The car owner invited the little kitten to get in the car and participate in the race. During the race, the kitten's screams, excited expressions, and sounds were required.
The truck driver remained silent, seemingly lost in thought, while his agent quickly took out paper and pen and wrote down Xing Baohua's request.
It looks like this movie will have to be remade.
Reshoots would incur filming costs, and the truck director, feeling embarrassed to ask for more, simply asked for $100,000, a tiny fraction of which was for the appearance fee of the golden cat.
Most of the footage is usable, and very few parts need to be reshot.
This person was too embarrassed to ask for more director fees or anything like that.
At the very end, the truck director's agent presented a script, hoping that Xing Baohua could invest in it.
Xing Baohua asked the driver, "What's the director's budget?"
“About thirty million US dollars,” the driver-director replied.
Xing Baohua nodded and said, "Get the commercial done. I will invest in this film, but for distribution, we need a distribution company to produce it."
The agent quickly agreed.
After the two left, Xing Baohua finally read the script; the play was titled "The Abyss."
Perhaps because it was early, Xing Baohua didn't seem to have any impression of this film; she probably hadn't seen it.
As the truck driver's broker walked out of Xing Baohua's company, he asked the truck driver, "Wasn't your budget over 60 million US dollars? Why did you cut it in half? Did you give the rest to other investors?"
"No. If I tell him about such a large investment, I'm afraid I'll scare him away. We can do half of the 30 million, and then ask him to invest more later."
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