The Birth of Shanghai's First Conglomerate
Chapter 323 A lot of money
Markets are like battlefields.
This is no joke; when you take action against someone, they will definitely take action against you in return.
Unless you owe it trillions like Xu Daipi did.
Anyone who dares to bomb him is shaking the very foundation of the real estate industry.
This is precisely the main reason why Grandpa Tong Zelan spoke up to remind them: land is the biggest source of income for local governments.
Anyone who touches this is basically asking for death.
Chen Pingsheng certainly wouldn't be foolish enough to touch such a root, but he would still fight back against Hua Yi and Yan Qihua one by one.
At this moment, Huang Zhongshi resembled an angry old horse.
Once upon a time, when Huayi's market value was in the hundreds of billions, everyone treated him with utmost respect.
They would even come to him begging for cooperation, from the establishment of the company in 94 to Feng Dagang joining in 98.
Huayi Brothers undoubtedly reached the pinnacle of the entertainment industry, having won all the annual box office championships in mainland China before 2010.
No exaggeration at all.
It is precisely because of these achievements that Huayi has become the undisputed leader in the entertainment industry.
It is precisely because Tencent Entertainment has risen so rapidly in recent years that its core position in the entertainment industry has been shaken.
But now...
After returning home from the company, Huang Zhongshi made phone calls the whole way.
Among them were banks, and even more so, business tycoons who used to come to him asking for female resources.
We were originally going to get our hands on 2 billion.
An article by Tencent Entertainment scared away the billionaire who had slept with Huayi Brothers' leading actress.
To outsiders, it appears as Tencent Entertainment criticizing the money-for-sex transactions within the entertainment industry.
Those in the business world who see this are undoubtedly saying, "If you dare to lend money to Huayi at this time, don't blame me for taking you down with me."
Even with Xu Pi and Yan Qihua working together, they couldn't suppress the Tengying Group, demonstrating its formidable strength.
People outside are saying he also has the backing of Middle Eastern royalty and world-class conglomerates.
At this point, it's completely unnecessary to offend Tencent Pictures just because you want to sleep with two celebrities.
I'd better keep my head down for safety first; billionaires are indeed very powerful.
But compared to Xu Pipi and Yan Qihua, they are far inferior.
The three parties employed various tactics, engaging in a fierce back-and-forth struggle for over half a month.
As a result, Tencent Pictures Group remained vibrant and successful, while Huayi Translation Group, with a market value of hundreds of billions, fared much better.
Not only is the stock price less than 40 billion, but it is also still in a state of collapse.
If things continue like this, it's a certainty that the value will fall below 20 billion.
Once it reaches this point, those banks or individuals who took over his shares and provided him with mortgage loans...
They will all urge him to repay his debts immediately.
The reason is simple: the shares were worth hundreds of billions when they were pledged.
Now, in less than a month, the price has fallen by more than 70%, and these pledged shares are no longer worth the loan amount.
This is very dangerous.
Tengying Group's counterattack came one after another, a move that would chill anyone to the bone.
It's not that he was too harsh on Huayi, but rather that his moves were too aggressive.
If they were in Huang Zhongshi's position, they would also find it extremely difficult to resolve the current crisis.
A series of devastating moves were launched, quickly overwhelming a company with a market value of over 100 billion yuan.
Also no one.
The once low-profile Tengying Group has gained widespread recognition in this battle.
They even brutally rubbed Hua Yi to the ground.
……
Shanghai, headquarters.
Having recovered, Tengying Group launched a counterattack. The entire group's top management witnessed this battle firsthand, not only feeling vindicated but also deterring any attempts by newcomers to exploit Tengying Group.
Therefore, they must pin Hua Yi to the ground this time.
However, before that, we also need to verify some of the minor achievements of this battle between Huateng and others.
Zhang Wanyi, the busty secretary, reported with a financial statement in hand, "Uncle Chen, you personally used a total of 150 billion to buy back your own company's stock at the bottom. As of now, the overall stock price of the Tencent Group has risen by about 30%."
It has risen by 30% compared to when he bought at the bottom.
That means he currently has a paper profit of around 45 billion. Even after deducting the interest on the mortgage loan, he still made more than 4 billion in just one month.
Moreover, the stocks of the Tencent Group have fallen by nearly 50% from their lowest point.
That means it was halved, the stock price was cut in half.
The current upward trend is far from peaking.
However, with such a large amount of capital, it's impossible for him to wait until the highest point to cash out; that's completely unrealistic.
The highest point means that the stock price is about to stop rising. Once it stabilizes, selling will inevitably drive the stock price down again.
"We're only keeping Tencent Entertainment shares; we're slowly selling off the rest."
He still wanted to return the 120 billion yuan to Guo Ziyi as soon as possible. This battle also gave him the idea of increasing his investment in commercial real estate.
The key is that in a real crisis, only commercial real estate with the most stable core assets can quickly obtain large amounts of funds.
Shares are too abstract, and another point is that he will no longer invest in commercial real estate in mainland China.
The reason is simple: if you want to get money from commercial real estate in mainland China, you can only go to banks.
Putting aside the fact that the various approval procedures at the bank would take at least half a month, he found the idea of a 50% discount on a mortgage loan to be a bit outrageous.
Commercial real estate requires banks to offer a 50% discount on mortgage loans, which means that the core value of the properties he buys is actually only half of what it should be.
Investing in such core assets in Hong Kong is still the most reliable option.
With a 30% mortgage, Guo Ziyi could immediately pull out over 10 billion yuan.
This is the core strength of Hong Kong's four great families.
"Old Chen, does your holding onto Tencent Entertainment mean that its stock price still has room for further explosive growth?"
Tong Zhelan asked curiously, "I also took out two billion to save the market."
What started as a gesture of loyalty ended up making him a fortune.
"more or less."
Chen Pingsheng tapped the table. "Tengying Entertainment's stock price has only just recovered to 60 billion. Wolf Warrior 2 will be released at the end of this month, and this movie may be able to directly pull Tengying Entertainment's stock price back to its previous high of over 80 billion."
After the investigation team leaves, his project can be released as scheduled.
He had a deep impression of Zhan Er; the return on an investment of 200 million was at least over 1 billion.
If a movie earns a billion dollars, the impact on the stock price will be absolutely beyond imagination.
He has invested most of his funds in Tencent Entertainment, and he will only sell his scattered shares to cash out a large sum when the second season of War is released and the stock price soars.
To be honest, every crisis is also an opportunity.
After this sell-off, he has earned back at least 10 billion of the 15 billion he invested.
Of course, he made money, and so did Yan Qihua.
The only one who truly fell was that big, dumb guy, Huang Zhongshi.
Chen Pingsheng stroked his chin, thinking seriously, "At a time like this, who would still be willing to be Huang Zhongshi's nurse?"
If no one is willing to take over, he will definitely try to buy back all the commercial real estate that Huayi has mortgaged.
However, having a mortgage loan of over two billion yuan coming knocking on the door is clearly not enough.
He needed to add fuel to the fire for Lao Huang, since how could someone like him not have access to private lending?
Not to mention the money owed.
When things are good, naturally no one dares to block the gate of Huayi to demand money, but now that things are not going well, they still don't ask for it.
Wouldn't that mean I want to go down with him?
Chen Pingsheng instructed Zhang Wanyi to release further news to pressure the Chinese creditors to come to his door.
Once the creditors come knocking, it will be incredibly difficult for Huayi to get a loan at this stage.
He couldn't imagine who would be willing to take over this "angel in white" situation.
(End of this chapter)
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