The Birth of Shanghai's First Conglomerate

The CFO of Tengchao Commercial Management withdrew the money very quickly.

He also brought seven or eight security guards from the group with him, and they came back carrying four large suitcases full.

HK$20 million, with HK$160,000 received per person.

This is what it means to change someone's destiny with a single word.

Chen An'an spent 20 million yuan on just one trip up here.

For their family, tens of millions are nothing, but for those working people, it's a completely different story.

They come out to earn money; at a monthly salary of 30,000, this is almost half a year's wages.

Everyone's face was beaming with excitement, and after receiving their money, they cheerfully shouted, "Thank you, boss! Thank you, young lady!"

Chen An'an patted her belly, not saying anything on the surface, but she was very happy inside.

She likes this feeling; this way of spending money makes her happier than going out to buy luxury goods.

The main thing is that she's no longer obsessed with luxury goods. She's been buying whatever she wants at home for a year or two now, so she's long lost interest in those things.

Using them to adorn one's status is completely unacceptable.

She, the eldest sister An'an, is the greatest luxury; everything else is merely embellishment.

On the fifth floor downstairs, there is also Teng Hui Department Store, Teng Ying Entertainment, and Global Selection, a joint venture between Teng Hui Department Store and Xin Teng Live.

Prices in Hong Kong are too high, so this area has the most tea restaurants.

So it is.

Deer Antler Coffee, Boba Milk Tea, and similar establishments will never expand to Hong Kong.

However, Chen Pingsheng still decided to open his own super department store in Hong Kong, not for any other reason than to lay the foundation for his global product selection team.

The price of a prime location in Hong Kong is beyond imagination. He still has over 3 billion in his account, plus the money from his wife's side, easily bringing together 4 billion.

Buying two or three single-story storefronts of several thousand square meters should definitely be enough.

The property rights of Xiangjiang properties are basically permanent, which can be considered their first business venture in Xiangjiang.

Super shopping mall.

He didn't need to handle such a trivial matter himself; he could just have someone else look for it.

As long as you don't look for the best location, you can definitely open three super Teng Hui Department Stores with a 3 billion investment.

Chen Pingsheng's car was parked downstairs; things are different in Hong Kong than on the mainland.

Just like a car, in mainland China the steering wheel is on the left.

Xiangjiang is on the right; his family still lives in that 480-square-meter mansion on Mount Kellett Road.

There is no shared area, and its size is roughly the same as a traditional courtyard house in Beijing.

There are two swimming pools in total.

One is in front of the courtyard, where you can swim and see the sea; the other is on the third floor.

There are also three Filipino maids in the house: two to clean and one to cook.

The cooking skills are quite good. It's worth mentioning that the Filipino domestic helpers in Hong Kong are far more dedicated than those on the mainland.

They are highly professional and will never cause any unnecessary trouble to the homeowner's life.

Of course, the income of servants in wealthy families is also extremely high.

Earning five or six hundred thousand a year is easy.

Shen Youwei and Zhao Yingying, who had come in the same car as their boss, were both stunned.

This is life in the top circles.

You don't have to do anything at home. After meals, you can sit in the yard with a cup of tea, facing the sea.

Those days must have been so pleasant.

This yard is really big; everyone can run around and play happily.

This is Hong Kong, where every inch of land is incredibly valuable.

The value of a villa varies greatly from one to another. For example, very few big stars in Hong Kong live in luxury villas on the Mid-Levels.

The main problem is that the price is too high and we can't afford it.

The big boss's yard is over here; it's so big that you can run around freely.

As long as you don't think about the countless ordinary people living in pigeon coops at the foot of the mountain.

What difference is there between such a life and paradise?

The two nannies arranged a room for them on the second floor, with a large bed that was 1.8 meters wide facing Victoria Harbour.

The thought of waking up every day to face the sea makes life incredibly comfortable.

It was Chen An'an, who had already eaten, who came to find her.

"Sister Youwei, are you done with your work?"

"Are you done with your work?"

She came without bringing anything, and originally planned to go back and get it later that night, but the big boss just waved his hand and had seven sets of clothes delivered to her.

The tags were still on.

When I saw the price, I was almost shocked.

Even the most ordinary white T-shirt costs over eight thousand.

Chanel's latest summer collection.

As for casual pants, tight jeans, etc.

There are none below ten thousand.

The seven sets together would cost around two or three hundred thousand.

She had it, and naturally her senior, Zhao Yingying, also had it.

Not only did she wear clothes, but she also wore two watches, giving off a rather casual vibe.

The price isn't too high, but that's for big bosses.

She wouldn't dare wear a Cartier piece that costs over 100,000 yuan.

No wonder all women are desperate to marry into wealthy families; who wouldn't be confused by such a lifestyle?

"Then come out quickly and help me film a cool little video."

Chen An'an had already put on her white training clothes and was about to start teaching Yang Xiaole Mantis Boxing.

I'll also shoot a short video while I'm at it.

Shen Youwei quickly said "oh" twice, and soon Zhao Yingying also came out. She had already taken a shower and changed into new clothes.

I've never felt this comfortable before.

The life of a young lady from a wealthy family is simply too dreamy.

Chen An'an does possess some talents, such as Mantis Boxing, which she learned from a young age.

After meals, we play for half an hour, firstly to stretch our muscles and bones, and secondly, naturally to exercise.

She's definitely the most agile chubby girl.

Shen Youwei held up her phone and took pictures of her, as did Zhao Yingying who was standing next to her.

After finishing a set of Mantis Boxing, Chen An'an immediately started a live stream.

He put on his sunglasses and started playing the erhu.

A lone figure on a cold river; the world of masters is far too lonely.

Shen Youwei watched from the side and found it amusing, "Miss's interests are truly unique!"

"Who says it isn't?"

Zhao Yingying also said, "With the big boss's family's conditions, she can do whatever she wants."

"That's true. Look at her spending 20 million Hong Kong dollars at our company, and the big boss didn't even say a word of reproach. She's really quite willful."

"Stop talking about this. Didn't you hear what the big boss said? Tengchao Commercial Management will be the young lady's daughter after she turns eighteen."

Wow... that's pretty exaggerated.

Zhao Yingying wiped her feet. She was afraid that if she got used to living in a house like this, she wouldn't want to leave.

Don't be too extravagant.

The big boss was still drinking tea on the side, and no one bothered him.

Shen Youwei just glanced at him out of curiosity from time to time, not knowing what the big boss was busy with.

With such a large group and so many branches, he must have a lot to do.

"Oh, thank you so much for the little flower!"

"Little girl, where are you? I see the sea behind you."

"This is my own home, just a so-so little house."

opposite:"……"

One sentence silenced her.

Sichuan Province, a female dormitory at a university.

Jiang Yiyi was lying in bed, scrolling through videos out of boredom, when she suddenly saw a little girl doing a live stream. Curious, she clicked in and found that the scenery on her end was incredibly beautiful, which immediately piqued her interest.

She didn't have much money, but she could still tip with a small flower, as encouragement for the young girl to earn money so early.

If the family weren't struggling financially, who would let their child start earning money so early?

"Young lady, you're supposed to be in Hong Kong, but why does your live stream show Hong Kong as the location?"

"That's right, I'm in Hong Kong, and the one behind me is my dad."

"You live in such a big house in Hong Kong?"

Chen An'an asked in confusion, "This house isn't very big, it's much smaller than the houses I have in Shanghai and Guangzhou."

Chen An'an showed her the phone, saying, "Look at this swimming pool, it's less than 300 square meters in length and width. And this house, it's three stories high and there's no elevator. And look at our backyard, it's not even big enough for my grandma to raise dozens or hundreds of chickens. If my grandma came over, she wouldn't even be able to grow enough vegetables to eat all year round!"

Jiang Yiyi: "..."

"Aren't houses in Hong Kong very expensive?"

"What's so great about it? It's only a little over 800 million. When I grow up, I can buy two of these in a year without doing anything."

She was telling the truth.

Jiang Yiyi thought it sounded like she was talking in her sleep.

"Little girl, are you serious?"

There are tons of fake millionaires on short videos, and Jiang Yiyi can tell from her that she's just spouting nonsense.

I really want to get my little flower back.

“How could my eldest sister An’an lie?”

Chen An'an had finally found a girl willing to chat with her, so how could she give up?

"Dad, where's the key to your Great Phantom?"

"What do you want to do?"

"If others don't believe I'm in Hong Kong, I'm going to ride in your car and go for a spin around Hong Kong a few times!"

Alright... Chen Pingsheng asked Zhao Yimin to be her driver.

I took the three of them for a walk outside. It was a corner of the garage, not very luxurious.

One top-of-the-line burgundy Phantom minivan and one convertible silver Phantom.

He owns a Brabus V-Class minivan and two Bentleys, which are his wife's favorite cars.

Chen An'an grabbed her phone and ran, completely ignoring the constantly shaking camera in the live stream.

There's a reason why she has so many fans.

Jiang Yiyi was so dizzy from being shaken that she felt lightheaded, but she recovered quickly.

The summer breeze blew on Chen An'an's face, and the road was lined with lush green trees, clearly indicating that they lived on a mountaintop.

Luxury mansions on the Peak in Hong Kong?
What kind of family background does this person have?

When Jiang Yiyi looked again, Chen An'an was already sitting in the back of the Grand Phantom. It was so cool with the convertible top down.

Shen Youwei and Zhao Yingying accompanied her.

The young lady's daily life is so simple and unpretentious; she even has to check the weather before going out.

The weather was nice, so we sat in the convertible.

When the weather is bad, take a big off-road vehicle.

I'm usually casual.

"You..." Jiang Yiyi was completely dumbfounded.

"Look, this is Hong Kong at night, the most prosperous city in the world, and the sea is right next to my home."

When Chen An'an saw several large yachts, she suddenly realized that her family in Hong Kong didn't even own a yacht.

Her father spent over two billion to buy that, and it will take another three years to complete production.

If you come to Hong Kong and can't even take a ride on a yacht, wouldn't that be a huge disappointment?

"Uncle Zhao, why didn't my dad buy a yacht here?"

"This is the second time the boss has come; he probably just didn't have enough time."

Yachts on Hong Kong are definitely a must-have for the wealthy.

Prices range from billions to hundreds of thousands.

"That won't do. I'm thinking of going to sail the ocean in a couple of days. Ask my dad where there are any superyachts available. I want to buy one."

Alright, these are all normal needs of the young lady.

Zhao Yimin called Chen Pingsheng, who then made a call within the group after thinking about it.

Tell them to take Chen An'an to buy the yacht she likes.

Yachts at sea, the smaller ones are called speedboats.

The largest one is a floating palace at sea; her family has already spent 2.5 billion to order it from Italy.

That's what you call true world-class luxury, its level of opulence is simply unimaginable.

Chen An'an wanted to buy a ready-made one, which was available in Hong Kong, but they were usually quite small.

Buying a very large superyacht requires direct contact with the brand for custom production.

Jiang Yiyi was also surprised to see her run to the yacht center with just a word.

I quickly called my roommates to come and see; they were also working here during the summer vacation.

She didn't go home. I thought she was just a young girl talking nonsense, but she just casually pulled out a Rolls-Royce, a convertible at that.

That's not even the most outrageous thing. After seeing so many yachts docked on the sea, I decided to buy one myself.

Her dad agreed after just one phone call.

What kind of family is this?
"Miss."

The two had arrived early to wait for Chen An'an, who was quite used to this top-notch treatment.

She didn't feel anything was wrong; she had only come to see the yacht.

You must buy one that you like.

The visitors introduced themselves to her one by one, and the person in charge of the yacht center personally came to greet her.

The cheapest item here is a small speedboat that costs a little over a million.

It often appears in gunfight movies.

The most valuable item is a medium-sized superyacht, with a living room alone that is 100 square meters.

It also has top-notch facilities such as a separate gym, library, and movie theater.

What Chen An'an liked most about it was that there was a large balcony outside the room.

Sitting on that, facing the sea, sipping a cup of coffee, is simply wonderful.

At night, the balcony can be electrically closed.

The ship has five master bedrooms and can easily accommodate more than a dozen people.

This medium-sized superyacht is at least four or five times larger than the one in Shanghai.

It's so extravagant it's unimaginable.

"This is it. I'm going to tell my dad to buy it."

Chen An'an clapped her little hands excitedly and ran around on it at will.

The person in charge was grinning from ear to ear; her words were practically a confirmation.

After all, I had heard before I came that if he didn't have some ability, he wouldn't be here to introduce me.

They won't even be eligible to board the ship.

If something worth over 200 million wasn't there when you were born, it's basically gone forever.

If you want to defy fate, all you can say is, keep trying, young man.

The final price was HK$2.2 million, and there's not much room for negotiation on this kind of deal.

If you can afford it, then buy it; if you can't, no one will recommend it to you.

Because it's completely useless.

Chen An'an bought the big toy she wanted and didn't even bother with the live stream.

Shen Youwei had no choice but to follow behind her with her phone in hand, given how huge the superyacht was.

The young lady said she wanted to buy it, and the big boss bought it for her without saying a word.

This kind of life is just too dreamy.

Before she met Chen An'an, she had never known that a girl under ten years old could live such a life.

……

Negotiations regarding the superyacht will take some time.

Anyway, it's all handled by the group's Hong Kong office, so Chen An'an doesn't need to worry about it herself.

If she wants to take the ride, she'll have to wait a day or two.

However, Chen An'an genuinely liked the superyacht, and she even called Song Yanxi, who was far away in Beijing.

She shared her own joy and happiness.

Song Yanxi also gave her a few words of advice: don't spend money recklessly.

Chen An'an nodded vigorously, then turned around and completely forgot about it.

What did her mother say?
I don't think I remember.

Rushing home, Chen Pingsheng told her to go and rest quickly, without even checking the time.

It's almost 10 o'clock; it's not good for kids to stay up too late.

Before going to sleep, Chen An'an chatted with Shen Youwei for a while, and as they chatted, she became sleepy.

When I got sleepy, I lay down on that big bed and slept until I woke up naturally.

The next day, Chen Pingsheng was going to attend a CEO training course.

There are six bodyguards at home, and Shen Youwei and Zhao Yingying are taking care of her, so she should be fine.

He went to class with peace of mind.

The Hong Kong CEO Program mainly focuses on courses related to international affairs and global finance.

There were 21 students in the class, and the registration fee was 2.68 million.

He knew quite a few people, such as his old acquaintance Tong Zelan and Guo Ziyi, the eldest grandson of the third generation of the Guo family, a wealthy family in Hong Kong.

Another one is Du Hua, the president of Kuaishou, and Han Jindong, the head of China's largest home appliance supermarket.

They are all people with impressive backgrounds, and the rest also cover multiple fields such as real estate, toys, supermarkets, manufacturing, and clothing.

It's safe to say that this executive training program is exceptionally high-quality.

Including Chen Pingsheng himself, at least half of them have a net worth of over 10 billion.

Those with assets exceeding 50 billion are considered super-rich.

Han Jindong, Guo Ziyi, and Du Hua all belong to this category.

People at their level are very polite when they greet each other.

Chen Pingsheng kept a relatively low profile, after all, his most publicly known company is Tencent Entertainment.

The stock price has now reached 620 billion.

He personally owns 50% of the shares, and recently sold one of his fresh food supermarket chains to Alibaba for $12 billion.

It also attracted a wave of attention from financial news.

In July, Deer Antler Coffee was still listed on Nasdaq with a stock price of over 20 billion.

In addition, over 40 billion yuan has been invested in new energy vehicle manufacturing in the past few months.

He is undoubtedly a rising star in the domestic business world.

Those who achieve this level are often very low-key.

Du Hua even joked that Chen, the old man, had become the biggest beneficiary of her own short video platform.

Of all the internet celebrities on Kuaishou, Xin Teng's live streams feature half of them as top influencers.

Chen Pingsheng politely asked him to take care of him.

In front of Du Hua, Chang Fu is nothing more than a worker and a capitalist, no matter how much he earns in a year.

Chen Pingsheng is different; Xin Teng's live stream is his, and Du Hua is definitely aware of that.

Both of them are now major capitalists, and no one would be unwilling to cooperate and achieve a win-win situation.

He directly demanded a 20% stake in Xinteng Live.

He can't create such a huge platform while you're the only one raking in the profits.

This is completely contrary to his interests as the founder.

After thinking about it, Chen Pingsheng agreed.

There's no way to disagree; the platform is controlled by them, and they can easily limit your traffic.

Once these two companies reach such a cooperation, all other internet celebrities are destined to become like Xiao Karami.

Xinteng Live's annual net profit is around 3 billion, with the establishment of a global shopping mall in Hong Kong.

There is still room for further growth in the future.

Chen Pingsheng quoted a valuation of eight billion, which Du Hua readily agreed to.

He himself is a business owner, how could he not know how much Xin Teng's live streaming is worth?
If it weren't for his status, it would have been impossible to buy 20% of the shares for 16 billion.

Han Jindong and Guo Ziyi also wanted to buy some from him, as both of them own large supermarkets.

Developing live-streaming e-commerce through online influencers is arguably an inevitable trend.

Chen Pingsheng refused to sell it again no matter what.

Han Jindong has been playing football with Hengda for the past few years and is having a great time. He even asked Chen Pingsheng if he wanted to throw some in too.

What a joke.

Given the current level of football skills in China, he would never invest a single penny.

Even if he doesn't vote, others will.

That's how it is in the CEO training program; everyone gets to know each other on the first day.

Then resources are exchanged. For example, after Xin Teng Live brought in Du Hua, the founder, he simply became both a player and a referee.

Other online celebrities who want to compete with him can have their live streams shut down in no time.

Chen Pingsheng didn't mention that he was still in Guangzhou, preparing for another live-streaming company.

I specifically went to compete for Douyin, which was launched in September.

Teng Hui Department Store will be listed on the Hong Kong Stock Exchange this month, and the Kwok family deserves some credit for that.

Guo Ziyi was very supportive after hearing that he was going to open four global super shopping malls in Hong Kong.

This could greatly increase the Hong Kong stock market value of Teng Hui Department Store.

Chen Pingsheng plans to spend over 3 billion yuan to purchase storefronts in four super-large shopping malls to open Tenghui Department Store.

This Guo family can produce anything they want.

Their family owns many super shopping malls in Shanghai, and any one of them is worth at least tens or hundreds of billions of yuan.

It's comparable to Hong Kong's Li's Oriental Plaza in Beijing.

This is what you call a true top-tier luxury family; outsiders have no idea exactly how many they own in the commercial real estate sector.

Not to mention using these to calculate their net worth.

Guo Ziyi was the most valued person in the three generations of the Guo family, and he certainly had the authority to decide on the sale of some of his family's small properties.

If Teng Hui Department Store can get help from the Kwok family in Hong Kong, it will be very beneficial to its future.

After all, the Guo family has been operating in the Shanghai department store market for fifty years.

His experience in this field is unparalleled.

Chen Pingsheng chose to open a global shopping mall in Hong Kong for two reasons, firstly, to boost the stock price of Teng Hui Department Store.

Secondly, it involves establishing a top-tier team for global brands.

The funds will be used to support Xin Teng's upcoming live streams and the newly established Douyin influencer e-commerce companies.

Once he has established the best team for this global brand, the future of live-streaming e-commerce will be bright.

Where are the rivals?

To achieve this small goal, it's not difficult to set out billions in advance.

It can only be said that he has a long-term vision.

Hong Kong does indeed have the world’s richest collection of luxury brands.

During the three-day training period, Guo Ziyi found him four super-large single-story storefronts.

One of them is on Nathan Road, located on Kowloon Peninsula in Hong Kong, which is also one of the most famous streets in the area.

The property has an area of ​​1900 square meters and a price of HK$9.8 million.

There's also a property on Paterson Street in Causeway Bay.

It has an area of ​​2,800 square meters and a price of 800 million.

The location is much worse than Nathan Road.

There's another one on Temple Street, which is also in Yau Ma Tei, Kowloon, Hong Kong.

The last one is on Queen's Road Central.

The four storefronts together cover more than 10,000 square meters.

Chen Pingsheng spent a total of 3.8 billion yuan to acquire them all.

There will only be these four stores in Hong Kong; it's impossible for them to open any more.

The main problem is that the cost is too high; the investment in a single Tenghui Department Store has reached around one billion yuan.

Given these prices, it's already quite impressive that he was able to open four stores at once.

That's what he thinks, and that's what others think too.

Once the storefront is secured, the next step is to prepare for renovations, invest in the project, and select products to open the store.

Fortunately, Du Hua gave him another 1.6 billion yuan, otherwise he would have had to ask his wife, Song Yanxi, to raise the money.

The CEO training program lasts three days; let's not even talk about how much we learn.

Through various resource exchanges, he also successfully established Teng Hui Department Store in the Hong Kong market.

In addition, Xin Teng's live streaming can also take root and grow on Kuaishou with peace of mind.

We have already reached an important cooperation agreement with the platform.

The next step is to go public.

His stake in Xinteng Live has also dropped to 30%.

They cashed out approximately 2.9 billion yuan in total.

The total investment was only 200 million, which is following the trend.

Run very fast.

Just as Du Hua officially signed the contract and transferred the money, the delightful "ding" sound rang out again.

This 1.6 billion can all be used for random increases, and the cost has already been fully realized.

Xin Teng's live streaming business is undoubtedly his most profitable venture in recent years, bar none.

Both cash-out transactions were the largest single transaction.

If it can still have this effect after Douyin is launched.

That would be amazing.

(End of this chapter)