Chang Fu left Tengying Group.
Chen Pingsheng also held a grand farewell banquet for him, so he could be said to have left without any regrets.
The brothers worked together for six years.
Six years later, they were all financially independent, and when he wanted to find his own piece of sky.
The brothers also gave their best wishes, and Chang Fu left the place where he had worked hard for six years without any regrets.
He actually hadn't decided what to do, he just carried a bag and a card with billions of dollars in it and went to see Gao Hu in Guangzhou.
Gao Hu has been very busy because of his new show Friends.
Unlike his previous busy office life, he now finally remembers that he is a chef.
Gao Hu was busy in the kitchen every day. Chang Fu came to see him with a travel bag. He was surprised and happy.
She was surprised that he left Chen Pingsheng, but she was happy that he would come to see her as soon as possible after leaving.
Chang Fu sat at a small table by the window, and Gao Hu handed him a Lao Baisha.
"You smoke this too?"
"Well... after all these years, I still like smoking it."
Gao Hu asked him if he had any plans for the future. Chang Fu said no, he wanted to relax and play with it for half a year before making any decisions.
However, this time he didn't come just to see Gao Hu, he also prepared 100 million for Gao Hu.
It's an investment between brothers.
Gao Hu's credit is now shattered. If it weren't for the support of his old brothers, he wouldn't be able to get a penny in the capital market.
Chang Fu left without asking him how many shares he wanted. He just invested 100 million.
We are still brothers when we make a loss, and we are still brothers when we make a profit.
Similarly, he also opened a card with a balance of 50 million yuan for each of Zhang Tao's two children.
After Zhang Tao left and Chen Pingsheng settled the matter for him, he had to do something himself.
When he leaves Guangzhou, he will really travel around the world.
I can often take photos of skiing on the snow-capped mountains, and go to Antarctica to take photos with the giant penguins.
Life is pretty carefree.
Yang Qian would also meet him from time to time, and the two of them are now living the happiest life.
Maybe it’s because I have experienced a lot.
Yang Qian was divorced, and it was a very failed marriage. Chang Fu had given her many years and waited for her for many years.
Having come this far, the family is definitely complete.
When Tencent Entertainment shut down celebrity live broadcasts and even announced that its celebrities would be completely banned from live streaming to sell goods.
The capital market was in an uproar, and the stock price subsequently plummeted.
As for the reaction among the civilians, it was much more lively. To put it in one sentence, the main point was that they would listen to advice.
Bai Xin also publicly admitted at the press conference that celebrity live streaming is a dimensionality-reduction attack, which has certain harm to the market, including the entrepreneurial space for ordinary people.
Even Tencent Entertainment directly announced in its statement that celebrities should not take away ordinary people's jobs.
The news ended abruptly, but the public response lasted for a long time.
Because so far, no super large enterprise has ever listened to such advice.
It is even publicly stated that using high-end social resources to deprive ordinary people of employment opportunities is an unethical form of market competition.
Tencent Entertainment's withdrawal has set a high benchmark for all super large enterprises.
Because of the impact of this incident, numerous experts and scholars jointly organized a discussion meeting, focusing on the question of whether large companies should continue to snatch or even deprive ordinary people of their market living space.
Many large companies, after achieving a certain level, still unscrupulously expand their business resources towards the grassroots areas.
There is no doubt that in just twenty years, ordinary people will no longer have room to start a business.
Any talk about ordinary people starting a business will become nonsense.
Chen Pingsheng's retreat clearly shows that he is shouldering the responsibilities of his time.
At the same time, it also provides more market space for people like him.
No matter how good the online public opinion is, it cannot withstand the comprehensive backlash from the capital market.
It is foreseeable that after Tencent Entertainment shuts down its live broadcast, it will only rely on increasingly outdated movies and TV series.
Under the fast-paced and comprehensive stimulation of short dramas and short videos, profitability will definitely plummet.
If you don't run now, when will you run?
It can be said that countless shareholders, including small investors, were so angry that they were cursing.
Because it is obvious that Tencent Entertainment gave up this initiative.
If Chen Pingsheng hadn't given up, the situation could have been reversed in an instant with just the pressure of public opinion.
Unfortunately, Chen Pingsheng chose to stand on the side of public opinion this time.
This also caused the stock price of Tencent Entertainment to plummet as expected. Why do the bosses always do this when they encounter a market crisis?
First of all, they will choose the direction given by the capital market, because ordinary people on the Internet cannot raise their stock prices.
But the capital market can, don’t you see that the stock price is plummeting even though the reviews are good?
Because of Chang Fu’s departure, Tengying Entertainment must elect a new president, which can be regarded as a task in a critical situation.
Without any discussion, Chen Pingsheng chose Bai Xin as the third president of Tencent Entertainment.
Although she did a lot in the past, she had always been the chief secretary. Now she has finally been promoted.
Similar to Zhang Wanyi, she jumped from secretary to president.
As the president of a company worth hundreds of billions of dollars, the social status and financial status he has gained are incomparable to before.
Even though the stock price of Tengying Entertainment was still plummeting, Chen Pingsheng waited patiently until it dropped to a certain level before officially promoting Bai Xin.
It also means not to put too much pressure on her.
It’s because young people now have too many choices of entertainment options.
This has led to the decline of movies and TV series.
Although the skits are a bit exaggerated, middle-aged and elderly people like them very much, although most of the short videos are about dancing.
Young people can’t help but like it.
Compared to those TV dramas that take dozens of minutes and you still don’t know what they are about, short and fast videos are more likely to capture the hearts of young people.
This is an inevitable choice under the times, and it is also forcing the industry to continue to progress.
Speaking of it, it started when BAT entered the online video APP market and promoted idol dramas.
This has already sown the seeds for everything that is happening today.
After so many years, China has not produced another movie superstar like Stephen Chow, Jackie Chan, and Jet Li.
All martial arts TV dramas are in slow motion, and any scratch on the skin of a young actor's hand will be known to the whole world.
This industry is becoming increasingly sluggish, and it is no longer something that one person can change.
Even someone as strong as Chen Pingsheng couldn't do it.
It is inevitable that the share price of Tengying Entertainment will fall below the market value of 100 billion yuan. Given the current size of the group, it is completely a case of "when the east is dark, the west will be bright".
The news that celebrities are banned from live streaming to sell goods is definitely a bad thing for Tencent Entertainment.
But for other short video companies, it is a great thing.
Under this trend, Tengyou Media, including Xinteng Live, has seen its stock price soar uncontrollably.
You see, with the two sides canceling each other out, he didn't suffer any loss at all.
(End of this chapter)
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