We chatted for more than three hours on the private plane.
Later, I simply went to my room to sleep. There was a 50-inch HD TV in there where I could watch whatever I wanted.
The room is fully equipped with details, and it doesn't feel much like sleeping at home.
A private jet worth 700 million is so comfortable.
I lay down and watched TV for a while, then closed my eyes and opened them again. It was 10 a.m. US time.
They arrived in Manhattan, New York.
The people who came to pick them up at the airport were Tong Zelan's secretarial team. She established a North American branch of Honglan Capital in Manhattan.
I also bought a separate office building of over 2,000 square meters here for office use.
Manhattan's gathering place for the world's elite.
Being able to have your own headquarters here is definitely a symbol of strength. At least one-third of the Fortune 500 companies have their headquarters in Manhattan.
Less than 500 meters to the south is Wall Street, where the average annual salary of employees is as high as US$660,000.
Nearby are the Statue of Liberty, Central Park, and Manhattan's skyscrapers, each taller than the other.
Because I had a good sleep, there was no jet lag.
Tong Zelan stretched her body, her breasts were very full. The cars she drove here were two Escalade Platinum extended versions.
Naturally, Chen Pingsheng had to go with her to the North American branch of Honglan Capital. He was not very familiar with Manhattan, but fortunately he had many acquaintances here.
For example, Cai Chengxin, the second-in-command of Alibaba, bought a top-notch luxury house here.
There are many Chinese wealthy people like this.
Tong Zelan's headquarters is located in the Empire State Building, a famous landmark building in New York. She bought the 39th floor at a huge price.
It is worth mentioning that this building was built in 1931 and has a total of 102 floors.
After Chen Pingsheng followed her to the headquarters office, he first sat down with the team and had a few sips of tea.
Tong Zelan then took over some documents from the secretary and said, "Old Chen, take a look at the big house here first. I asked my secretary to carefully select it for you in advance."
Manhattan is dominated by top-end apartments and very few people live in villas. For that, you need to go to more remote areas.
Two of the three houses are close to Central Park, so the external environment is naturally impeccable.
Since he has come here, he has to settle down first.
After a casual look, I finally decided to buy the 7,074-square-foot penthouse apartment with a land price of 380 million yuan.
Tong Zelan asked his secretary to handle the purchase procedures for him. Rich people have special people to help take care of everything.
He just needs to wait until night and check in with his luggage.
Tong Zelan knew that this was his first time here, so she was very careful in making all the arrangements.
At least after the house is bought, they will immediately arrange for a special person to clean it and equip it with a set of the best bedding sets.
In addition, seven or eight top-quality suits and two luxury cars will be sent to his downstairs.
Once all of this is purchased, just ask him for reimbursement directly.
Tong Zelan said, "This house is not bad. It's right above mine. I can take the elevator up to see you in the evening."
“It’s nice to live close by.”
Chen Pingsheng asked her, "Didn't you arrange for an investment institution to discuss share transfers? When will you come over?"
"Don't worry, it will take until the afternoon anyway."
Tong Zelan likes to drink coffee, which is refreshing and invigorating. "Are you sure you want to sell your 15% of Lujiao Coffee shares for 3 billion?"
"Very sure."
"Alright, if most of my money wasn't tied up in the stock market, I'd buy you outright. Lujiao Coffee's value will far exceed 20 billion if it continues to grow at this rate!"
Tong Zelan doesn't like to speculate in domestic stocks, mainly because there are too many junk stocks.
It is difficult to make long-term money due to various factors.
It’s different abroad. For example, Apple and Facebook, which have been held for many years, have been bought for many years.
The annual income is also very good.
Chen Pingsheng mainly had a random increase, otherwise he would not be so anxious to cash out his shares.
Like Bobo Milk Tea and Feiyangyang, they all ended up holding 5%.
After going through layers of controlling shares, the final decision-making power of the enterprise is strictly controlled.
The investment institutions that Tong Zelan contacted were all from the Chinese circle, including Cheng Chang, who specializes in Chinese fast food here.
His ancestral home is in Jiangsu, and he opened a hundred fast food chain restaurants here in 2003.
There is also the first-generation Internet founder Jerry Yang and the well-known domestic investor Duan Yongping.
These people would not originally attend the investment conference for the transfer of Lujiao Coffee shares at the same time, simply because Chen Pingsheng is also a top-tier billionaire in the mainland.
Everyone came over to recognize each other's faces.
You have to know that in America, anyone from China belongs to the same circle.
Within the big circle, there will be small circles divided by various regions.
Just 3 billion, it's nothing to Duan Yongping and others.
Although he is in the United States, he still controls several top companies in China.
He also cooperated with Chen Pingsheng on Pinduoduo, and both of them are investors of Pinduoduo.
A few billion is a small amount of money, and everyone is optimistic about the long-term development of Angler Coffee.
The domestic market is just the first stop for Lujiao Coffee, and it is destined to involve the global market in the future.
By then the stock price will be far more than 20 billion.
This is also the real reason why they are willing to jointly invest in the purchase.
Chen Pingsheng also heard a lot of news from them that was not heard in China, as well as some confidential financial information.
Specifically, Manhattan is a true world-class financial center.
Here you can see the economic development of various regions around the world, as well as national gaming centers.
With different heights, the perspectives are naturally different.
It is like Wall Street, which serves as a financing tool for all listed companies and uses the funds raised to better develop future technologies.
Whether it is chips, AI, or artificial intelligence.
The degree of lead here is not a little bit.
Moreover, New York has a certain siphon effect on the world's top talents.
To put it bluntly, whether they are international students or graduates from top domestic universities, they are all willing to come here to work.
Not to mention other things, Tsinghua University alone has over 20,000 graduates here.
Tsinghua University only has more than 3,000 graduates each year.
Just think about how scary this data is.
Large companies here attach great importance to technological research and development, which has resulted in the United States alone accounting for half of the world's top 100 listed companies in the technology field.
The real gap can be seen from this simple data.
It is no exaggeration to say that while the domestic market is still obsessed with making money through various business models and marketing, companies here have been focusing on future technologies.
Once a breakthrough in key technology is achieved, any business model or marketing method will be insignificant.
It's like paper, it breaks with a poke.
Take Musk for example, who works at Tesla. New energy vehicles are just one of his entrepreneurial projects.
He also has brain-computer interfaces, a Mars colonization plan, and the construction of a global low-orbit satellite Internet service.
It is preparing to launch more than 6,000 satellites into orbit through the Starlink plan to provide space-based network services to global users.
Seriously speaking, these projects have never been heard of in the country, let alone being done.
Domestic wealthy people of his level, or those top Internet tycoons, are actually still competing with vegetable vendors for business.
That's the difference.
Chen Pingsheng was shocked to hear from Old Duan about many projects that were secretly developed by large enterprises.
Feel the gap deeply.
It has to be said that some technology companies are really committed to promoting the development of mankind as a whole.
In the future era of global competition, the key will definitely not be the price per square meter of housing. The key core will still be real technology.
It is absolutely correct for him to invest more than 60 billion yuan in new energy.
From this we can see that new energy vehicles are full of prospects.
New energy vehicles currently account for less than 3% of the domestic automobile market.
As new energy technologies become more mature, this proportion will definitely increase.
…
They chatted until the evening before Chen Pingsheng returned to his newly bought home.
The top-level duplex apartment covers an area of more than 7,000 square feet and has three large living rooms and seven bedrooms, with a variety of detailed configurations.
Especially the large living room, which faces Central Park.
Except for Zhang Wanyi, everyone else went to stay in the hotel first.
She can stay here to make breakfast and handle some urgent official business.
Today, we cashed out 3 billion yuan from Lujiao Coffee and also earned 3 billion yuan.
This is the capital he used to start his business on Wall Street, so he has to try his luck.
"Ding, congratulations to the host, today's revenue is $435 million. Would you like to enable random multiplication?"
"Open."
Chen Pingsheng, who was sitting in the living room, muttered to himself.
The golden dice reappeared and shook non-stop.
Finally it stopped at four o'clock.
"Congratulations to the host for obtaining a quadruple random amplification."
One second, two seconds, three seconds passed.
"Ding, your Citibank account has received $1.74 billion, with a balance of $2.175 billion."
I was really lucky. After arriving in the United States, I changed my bank card to Citibank.
The settlement currency naturally became the US dollar.
Manhattan is brightly lit at night, compared to the infrastructure of Shanghai.
Manhattan is not as good as that place, but it is far behind in terms of economy and global influence.
If I really have to use one word to describe the gap between the two, it's like people who have never been to big cities are particularly yearning for Beijing, Shanghai, Guangzhou and Shenzhen.
Manhattan is like this, a world-class global city that brings together the world's elite.
The most noteworthy thing is that there is no need to work overtime here. The role of the trade union is to strictly protect the rights and interests of workers.
"Uncle Chen, I have several classmates studying abroad here."
Zhang Wanyi finished taking a shower and wiped her wet hair.
In her heart, Chen Pingsheng is not only a boss but also a caring elder.
"That's great. If you have their contact information, you can try to contact one or two of them. I can't do that. No one who graduated from junior high school went abroad to study."
“That’s because of the restrictions.”
Zhang Wanyi explained, "My classmates went abroad to study because their grades weren't good enough to compete in China. But after arriving here, they discovered the education system was completely different. While they couldn't compete in China, the students abroad were incredibly talented."
This is also true.
Chen Pingsheng himself often said that if he didn't study hard, he would only be able to go to Harvard when he grew up.
In China, it is exam-oriented education, while abroad, it is teaching according to students' aptitude.
It’s completely different to learn whatever you want to learn.
Those who can get into Tsinghua University and Peking University in the country basically won’t come out.
"Your classmates are in pretty good shape!"
"No, they had to scrape together as much as they could and even sell their house to support them to study here for a few years."
Zhang Wanyi's family conditions were average, so naturally she didn't have the means to study abroad.
The cost of studying abroad at a prestigious university, not to mention the tuition alone, is hundreds of thousands of dollars a year.
Adding up all the various expenses, if you want to live a decent life, you need to spend at least 800,000 yuan a year.
"But after graduation, they all stayed here to work. They could easily earn NT$400,000 to 500,000 a year. They all work a five-day week, with a maximum working time of 40 hours a week."
This is true, and it is obviously much better than the crazy internal competition.
Zhang Wanyi smiled and said, "I only found out about them from the class group."
"fine."
Chen Pingsheng said, "We just arrived on Wall Street and don't know anything yet. You can try to contact them. I will also go and look for suitable office buildings for sale tomorrow."
"Uncle Chen, do you want to buy an office building here?"
"You're overthinking it. Buying one layer is more than enough."
He has no property abroad, so why would he spend that much money to buy an office building?
Besides, the labor costs here are very high. The starting salary for graduates from prestigious universities is around 50,000 to 60,000 US dollars a year.
He doesn't want to be the one who gets taken advantage of.
After the industries here are sorted out, we will consider investing heavily in an office building.
The next day, Zhang Wanyi prepared breakfast at dawn.
Chen Pingsheng came out to eat a little, and then he went to the 39th floor of the Empire State Building.
Tong Zelan told him that there was a single-story office building for sale upstairs, and the area of more than 2,000 square meters was definitely enough to start an investment company.
Chen Pingsheng also thought so. He went to find out and found out that the company listed for sale was a British company, and they were going to move their headquarters to the Port of New Jersey.
It is natural for this place to be sold, with the price of a single floor reaching as high as 120 million US dollars.
Chen Pingsheng thought about it and agreed, mainly because there was not much room for bargaining.
This is the price for a property in the heart of Manhattan.
Everything is in good condition and you can start working right away. However, he is busy setting up his new headquarters.
But something big happened on the other side.
It is unknown why the news was leaked, but Luckin Coffee was targeted by the Wall Street short-selling giant Muddy Waters.
At around nine o'clock in the morning, Muddy Waters published a long analytical article about the financial fraud of Luckin Coffee and the inflated stock price.
And it was stamped and published by several major economists.
As soon as the news came out, the stock price plummeted.
It was not until Tong Zelan came up that he found out that Muddy Waters had borrowed 30% of Lujiao Coffee shares from the investment bank.
The total market value is around 8.5 billion.
There is no doubt that Lujiao Coffee has been targeted by the short-selling giant.
The so-called short selling is a stock market game that only exists in foreign countries.
For example, now the actual value of each share of Angler Coffee is US$12, and Muddy Waters borrowed 100 million shares from the investment bank.
It was agreed that the loan would be repaid within six months.
After half a year, the price of Lujiao Coffee per share will drop to only $6.
Then he only needs to return the shares at a price of six US dollars.
The loan amount is $12 per share, and the repayment amount is $6 per share.
The gap in the middle is the profit of the short-selling giant.
Of course, there is another situation.
That is, it was $12 when it was lent out, and it increased to $36 when it was repaid.
That would result in huge losses.
This means that when the shares were borrowed, their actual value was only 8.5 billion.
If the value of 100 million shares rises to 25.5 billion when they are returned, the gap will be made up by the short-selling giants.
Simply put, short selling means that the lower the stock price is, the higher the profit of the short selling giant will be.
If the stock price goes up in the opposite direction, you will face huge losses.
Seriously speaking, if the Shanghai and Shenzhen stock markets could also make money by short selling, it would definitely be a paradise for short selling giants.
I can hit the target every time with my eyes closed.
It’s different abroad. Even if the market goes sideways, the stock price can still increase by one or two times in a year. You can imagine how these short-selling giants will live.
They try to pick out those high-quality stocks with inflated stock prices or poorly managed companies and attack them.
After Chen Pingsheng clearly understood the short-selling rules, he no longer cared much about it.
This is different from the time with Xu Daizi. Xu Daizi and the so-called Master Yan wanted to seize the management rights of his business through the stock market.
He will definitely fight back.
Muddy Waters makes money by lowering its stock price.
In other words, the money earned by Muddy Waters was entirely borne by retail investors abroad who bought Luckin Coffee shares.
He could say without exaggeration that this matter was beneficial to him personally.
After all, he had just sold his shares in Luckin Coffee at a high price, only to run into the short-selling giant Muddy Waters.
You can't blame him for this.
Secondly, when the stock price really drops to a certain level, he can take out another 10 billion to buy it back at a low price.
It was exactly the same way as the previous two times he made money, so as far as he was concerned, he hoped that Muddy Waters would lower the stock price of Angler Coffee.
But I can't tell anyone about this idea.
There still has to be a superficial counterattack, but no one will know what is happening in secret.
He also wanted Muddy Waters to lower the stock price and then use 1 billion to buy back the 15% shares he sold.
The profit from this transaction would be billions, only a fool would not do it.
Anyway, everyone is eating retail food.
As for those big investors, they naturally will not sell their stocks at this time. As long as they don't sell their stocks, there will be no cash loss.
It will go back up one day in the future.
Chen Pingsheng chose to remain inactive and let Yang Qian, the president of Hong Kong, keep releasing news and angrily scolding Muddy Waters for being shameless.
He secretly prepared a 10 billion yuan fund, waiting for the stock price to drop to the freezing point before slowly buying back the shares.
The louder the criticism in Hong Kong, the more truthful the investigation report released by Muddy Waters is.
Lujiao Coffee's milk tea-style coffee is not global at all.
It also involves financial fraud and false reporting of profits. Please mobilize a large number of economic experts to send videos to tell these American retail investors.
This is a junk-type Chinese company, everyone should get rid of it quickly.
Chen never thought that his second chance to make money on Wall Street would come so soon.
Or it can be achieved by robbing American retail investors.
The more unfavorable news Muddy Waters releases, the more Hong Kong people criticize it, and they don't release any serious news to clarify the matter.
Anyway, just keep cursing, the stock price is also facing the lowest point in the short term.
It is normal for domestic companies listed on Nasdaq to encounter short-selling giants.
No one really takes it seriously, at least these things are normal on Wall Street.
(End of this chapter)
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