Hundreds of billions of dollars evaporated from the stock market.
That's not just a number, but the actual assets that disappeared from thousands of retail investors.
Chen Pingsheng himself took out 15 billion in cash to stabilize the stock price and maintain market confidence.
Tong Zelan contributed another 2 billion, plus the funds contributed by the group.
It’s almost 20 billion.
This is not only about maintaining the controlling rights of one's own company, but also about protecting the interests of retail investors.
In China, it is not like in other countries where you can make money by short selling.
As long as the stock prices in the domestic market fall, almost everyone will lose money.
It can be seen that under market turmoil, everyone becomes a victim.
The Wanbao War lasted for more than a year, and it will not be over in a short time on his side.
At least these 20 billion yuan can last for at least two months.
Even if Xu Daizi wanted to raise 20 billion yuan immediately, it would not be an easy task.
This was also the first time he used a mortgage loan to resolve a business crisis.
This is the advantage of commercial real estate. Only commercial real estate with the most stable value can immediately obtain mortgage loans from banks or some large conglomerates in times of crisis.
In contrast, the shares of listed companies are obviously not doing well.
Even his sister-in-law Song Wu came to see him. The entertainment industry has been very noisy recently.
Not only was Huayi severely damaged, but her brother-in-law's Tengying Entertainment was also in crisis.
Surrounded by enemies on all sides.
Not only is she here, but Michelle Song is here too.
This is the first time that Tencent Film has faced such a big crisis since its establishment.
The reason was that someone had set his eyes on their company and tried to forcibly obtain controlling rights through the stock market.
A series of resources are mobilized at all costs for this purpose.
If Tengying Group, which has temporarily resolved the crisis, had not been able to immediately come up with 20 billion in cash, Lujiao Coffee and Feiyangyang might have already changed hands.
Even Tengying Entertainment is in extreme danger.
You should know that in the Wanbao War that year, the reason why the founder Lao Wang was kicked out was mainly because he personally could not mobilize too much cash resources.
After looking for help everywhere, they were able to barely stop the invasion of the Baoneng Group.
Chen Pingsheng is different. He can actually take out more than 15 billion in cash at any time.
Having this capital is the biggest reason why he is not afraid of anything.
Both companies are still buying stocks crazily in the secondary market. Chen Pingsheng's capital pool is there, and it is impossible for Xu Dai to take over his controlling stake.
But he couldn't just passively take a beating all the time.
That was totally out of character for him.
After Tong Zelan came over, she said directly: "Old Chen, I asked the old man at home to investigate. Do you know how high Xu Dai's current debt is?"
"How high?"
Xu Daibel has been very popular in recent years, admired by outsiders, and has a lot of titles.
But if you say he is absolutely safe, that is not the case.
Tong Zelan stretched out two fingers aggressively.
Song Yanxi was puzzled, "Two hundred billion?"
Chen Pingsheng shook his head. "It should be more than that. Based on the scale and high-speed operation of their real estate business model, I estimate that two trillion is possible."
"Yes, two trillion."
Tong Zelan was shocked by the results of the old man's investigation. It was impossible for them to do nothing if Xu Dai was messing with them like this.
Chen Pingsheng frowned. "This is not good news. If a company like this goes bankrupt, it would be an earthquake-level disaster. Who knows how many families will be affected."
"Indeed." Tong Zelan said, "Originally, we just wanted to find some small flaws in him, so that he would go back to the training center to save himself and not have time to attack us again. Who knew that the old man's answer was so shocking? It has reached the level of being too big to be defeated. Even if he has many loopholes, we can't start this attack again."
"Why can't we attack him?" Song Wu asked angrily.
Chen Pingsheng glanced at her and said helplessly, "The consequences are too serious. If he really goes viral, we who reported him will definitely not end well."
"Two trillion yuan is not something that ordinary people can afford to owe. With such a huge debt, God knows how many vested interests are involved. We are just a private enterprise. We can do Chinese translation, but we absolutely must not touch this kind of debt."
Many times you can't win just by being just.
Haven’t you heard the saying, when you can owe the bank 10 billion, you are the boss.
Banks are afraid that you will go bankrupt.
If you think about it, it’s a number that is two hundred times higher than ten billion. Just thinking about it is enough to make your heart flutter.
Not to mention trying to break it.
Chen Pingsheng would never have such inappropriate thoughts.
Perhaps in Xu Dai's heart, his debts have become his biggest amulet.
Tong Zelan said, "It's rare that you can still stay absolutely sober at this time. My grandfather also warned me not to try to touch Hengda, let alone try to report it."
Chen Pingsheng waved his hand. "Your grandfather is right. Since we can't deal with Xu Beibelt, what about Master Yan?"
Tong Zelan took a sip of tea. "The eldest son of the old Yan family has been the richest man in China since the 1990s. At that time, his family immediately used their connections to remove themselves from the Forbes list. They kept a low profile for many years afterwards. However, everyone in the Su area knows that the Yan family has always been the undisputed richest family in the Su area. Their foundation is so deep that it is even stronger than Xu Daizi's."
"No wonder they dare to set their sights on me. It turns out each one is stronger than the last."
Compared with them, Huang Zhongshi from Huayi is simply a weakling.
It's ridiculous that he dared to get involved.
There is the immobile Xu Daizi, and the eldest son of the Yan family who was the richest man in the 1990s.
Such a combination made Chen Pingsheng rub his temples.
Compared to the newly rising Xu Daizi, the old Yan family with its unfathomable background is more difficult to deal with.
He was able to hold the position of the richest man in the 1990s and lived a stable life for decades without any trouble.
Just thinking about this ability makes you realize it.
"Old Chen, my grandfather said that if you want to fight them, you need at least five more years to calm down. At least you can't take action now."
Chen Pingsheng also understood. "Don't worry, I don't think we can compare with the richest families in the 1990s. And as for the matter of Xu Bei, I hope God can bless him to continue to be so prosperous."
The subtext is that it’s better not to explode.
If this kind of bomb explodes, the consequences will be unimaginable.
Millions of families will pay for this.
He certainly won't be the bad guy, and he can't afford the consequences.
As for Master Yan, just take your time.
Tong Zelan was quite pleased that he could remain so patient, but the most urgent task was to fight the defensive battle well.
Only by overcoming the current difficulties can we plan how to regain our position in the future.
"Contact Xu Jing and ask how long it will take for the people we arranged to arrive in Hong Kong?"
Chen Pingsheng wanted to end this farce early. Xu Daibei could not move, and Master Yan was even more unfathomable.
Continuing to waste time with these two people will only allow them to make more money.
Of course, Huayi was definitely the victim.
He never fights a battle without confidence, and two years ago he was wary of people tampering with his funding sources.
How could there be no preparation at all?
Zhang Wanyi didn’t even know who she had arranged to go to Hong Kong, and what problems these people could solve.
After she called Xu Jing, Xu Jing replied that she would come the day after tomorrow.
Chen Pingsheng felt much more at ease.
The day after tomorrow, a big news appeared in Hong Kong.
A royal delegation from the Middle East visited Hong Kong and specifically asked to meet Chen Pingsheng, and praised the two for their long-term cooperation.
As soon as the news came out, Huang Zhongshi was completely paralyzed.
Isn’t it said that Chen Pingsheng is guilty of having huge amounts of unidentified property?
When did he cooperate with the Middle Eastern royal family? Not only was he confused, but Xu Daizi was also quite surprised.
What does it mean to be a Middle Eastern royal family? They are a world-class consortium that is truly wealthy by selling oil.
No wonder Tengying Group has developed so rapidly. It turns out that it has obtained the support of the Middle Eastern royal family.
As soon as the news came out, the stock price rose.
The magnitude is simply beyond imagination.
Not only did the stock price soar, but the investigation team stationed in Tengying Group also received news directly from Shanghai.
End all investigations into Tengying Group.
The core assets of Tengying Group are very complex. If you look closely, you will find that most of the equity is concentrated in Tenghui Capital.
This top investment institution is registered in Hong Kong and its shareholders come from all over the world.
Now that the Middle Eastern royal family has arrived, it’s time to put an end to this farce.
If things continue like this, it will be a big question whether Tengfei New Energy, which has invested 50 billion yuan, can continue to invest.
No matter what, Tengying Group is of great significance to the development of new energy in Shanghai.
Now that a Middle Eastern consortium has come forward to support the case, the investigation into the unknown source of this huge amount of wealth can no longer proceed.
The Huateng War, which lasted for more than half a month, shocked the entire financial world and made the entertainment industry tremble.
In the end, it ended with a complete victory for Tengying Group.
The moment the news came out, countless people were cheering with their hands raised and feet moving.
It also made everyone in the Tencent Film Group excited.
Only Huang Zhongshi in the corner looked confused, "This bastard has investment from the Middle Eastern royal family, why didn't he tell me earlier?
"His stock has gone up, but what about my Huayi stock? Master Yan, you have to help me!"
After the investigation team withdrew from Tengying Group, the entire Tengying stock seemed to have experienced a retaliatory growth.
It is foreseeable that it may not be long before the previous high level is restored.
As for Hua Yi, Master Yan said, "Old Huang, I never promised you anything. Besides, when Uncle Xu and I paid together to buy back Tengying Group's shares, I reminded you to participate as well. You can't blame me if you don't have money, right?"
"You..." Huang Zhongshi was very angry. He was the only loser from the beginning to the end.
Yan Qihua spent a total of 5 billion yuan to buy Tengying stocks, and Xu Daibei spent an additional 8 billion yuan.
Even if he failed to seize the final controlling stake in Tengying Group.
At this rate of stock price increase, profits will probably double in less than a month.
This is a success no matter how you look at it.
"Master Yan, I have to remind you that you must remember how many female celebrities you've played with in my place. I'm afraid it won't be that easy for you to sacrifice me now!"
Yan Qihua sneered, stood up and patted him on the shoulder, "Old Huang, please don't talk nonsense when you're drunk. I can't kill Chen Pingsheng by stepping on him, but I can definitely kill you by stepping on you."
Xu Daizi was also in a good mood. He often went to Hong Kong, so he knew very well that Tengying Group owned about 20 billion worth of commercial real estate in Hong Kong alone.
It is not easy to take down a company with such a stable capital base.
However, he and Yan Qihua each gained something. As for Hua Yi, he could only be a discarded pawn from beginning to end.
Who told him that he was not as strong as others?
(End of this chapter)
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