The Birth of Shanghai's First Conglomerate

Time flies, and it's already late December.

After a period of cashing out, Chen Pingsheng extracted a total of 6 billion yuan from the Tencent Holdings Group shares.

Apart from the shares in Tencent Entertainment, it is expected that all four stocks acquired through this bottom-fishing will be sold off within another half month.

The total comes to about nine billion. The reason the sale went so smoothly is mainly because the price had fallen so sharply before.

Now, there's a renewed surge in prices, attracting a large number of retail investors to buy in.

This is just a small portion of his holdings in Deer Antler Coffee, Boiling Sheep, and Bobo Milk Tea.

About 20% of the shares in Tengying Entertainment are still untouched, and this is his biggest gain from this bottom-fishing operation.

Chen Pingsheng wants to wait until Tencent's Wolf Warrior 2 is released before he starts selling, but the specifics will depend on the situation.

At the end of December, there will be a grand and spectacular event at Shuiyun Pavilion in Beijing.

Based on past revenue, it should be at least two or three billion.

He could still make a fortune by the end of 16.

After this business battle, Chen Pingsheng made several adjustments to his strategic direction, mainly because he felt that domestic assets were not very safe.

Once any evidence against him is discovered, many people will be eager to take advantage of him.

He himself wouldn't have too much to worry about if he could stay in the chairman's position.

The key is that the family will definitely reach the point where it needs to pass on its legacy.

When that day comes, whether Chen An'an or Chen Xin'yi, and this unborn mistress, can hold on to their love will be a big question.

Chen Pingsheng pondered these questions about the future.

If a country wants to improve its standing in the domestic market, it must increase investment in the technology sector.

Tengfei New Energy is currently flush with cash, and once he cashes out all his shares, he will need to further increase his investment.

In addition, he should also consider buying some assets abroad.

This is the path that every billionaire eventually has to take, and for someone with a net worth of hundreds of billions to take this step is already quite remarkable.

At least that's what he thinks.

When she got home, Song Yanxi was less than three months pregnant.

He's still very healthy and can jump around a lot.

As for the numerous news reports about it recently, it really worried my family.

The old lady's phone rang non-stop all day long; even elderly people in rural areas could see news about Tencent Film Group on TV and their mobile phones every day.

This shows just how influential they are.

As for Chen An'an, the little brat, after being scolded by her mother for a while, she stopped being obsessed with live streaming.

The main reason is that their family has a large amount of assets, which attracts strong enemies.

If she really doesn't know anything in the future, giving her too many assets will only harm her.

There's a chance someone could try to get you in there by any means.

"Old Bean."

Chen An'an ran over excitedly, "My teacher is coming over later."

"Are you doing home visits? Did you get criticized by the school again?"

"No, my teacher came to praise me."

Chen Pingsheng didn't believe her at all. The little brat was good at everything, but his grades were so bad that even a god couldn't save him.

Some people are just like that; no matter how hard they try, they can't learn well.

Some people can easily get good grades, which may also be a kind of talent.

Chen An'an attended an international primary school, and anyone who can become a teacher there must have excellent academic qualifications.

Her home visit teacher was also quite young, only twenty-five years old, and had returned from studying abroad.

Both her family background and her personal qualities are quite good. If he had a suitable younger brother, having a teacher like her as his sister-in-law would truly improve the family's genes.

Unfortunately, there isn't one at all.

Shen Qing still drove his red Audi over; the school conducts home visits every one or two months.

The main focus is on understanding the students' family education.

Those who can attend international primary schools must come from well-off families.

And those who can afford to live in the Tan Palace in Shanghai are even more exceptional.

Especially the founder of Tengying Group, who has been making headlines recently.

Previously, everyone only knew about Tencent Entertainment and did not know that Tencent Group was not only a listed entertainment company.

It also has a huge influence in many fields such as catering, department stores, coffee, new energy vehicles, live streaming, milk tea, and internet investment.

With this battle between Huaying and Tengying, all sorts of media outlets are eager to report on Tengying Group 24/7.

Its commercial achievements over the years have naturally come under public scrutiny.

Shen Qing only learned about the family background of the girl in his class who was as popular as a phoenix.

Just how powerful is it?

In short, it can easily defeat a company worth hundreds of billions.

During this process, he also met Xu Pi, the richest man in China, and the Yan family of Jiangsu, one of the three most prominent hidden wealthy families.

They fought to a standstill.

With such strength, saying it has shocked the business world is an understatement.

At least when Vanke encountered the aggressive capital of Baoneng Group, it was incredibly difficult for them to hold on.

Founder Lao Wang was even ousted from the chairman's seat.

If Baoneng had encountered Tengying Group, even if they had brought in half of the Chamber of Commerce's influence, they still wouldn't have been able to remove this person from the chairman's seat.

Not to mention acquiring a controlling stake in Tencent Pictures Group.

This is the true strength of An'an's father; it's no exaggeration to say that he is a force to be reckoned with.

At least for the past few days, half of the time Shen Qing was scrolling through his phone was filled with news about the Huateng battle.

This not only involves the entire entertainment industry, but also countless top celebrities who have spontaneously defended his position.

This also involves tens of thousands of middle and lower-level managers within the group, as well as up to 30,000 employees.

By all accounts, Tengying Group is a very popular and large-scale enterprise.

Why is it that a man like this has a daughter whose grades just won't improve?
Shen Qing had always been a good student, and she always thought that learning was a very simple thing.

But it didn't work at all for Chen An'an, even though she imitated the ancient Chinese practice of hanging her head from the rafters and pricking her thigh with an awl.

It only lasts for about ten minutes; after that, my head starts to feel dizzy.

I simply can't concentrate on studying.

She has such talent, there's nothing she can do about it.

It seems like I won't be able to get into Tsinghua or Peking University after I grow up, but going abroad to study at Harvard or something shouldn't be a problem.

Lost in thought, Shen Qing arrived at the villa's entrance.

Chen An'an was standing in front of the gate in the courtyard, waiting for her to come over. The person next to her was Chen Pingsheng, the business miracle who had been making headlines recently.

Regardless of media reports, his personal portrait has not appeared in the news media.

He remained as low-key as ever. If she hadn't known about his situation, she probably wouldn't have been able to connect him with the recently impressive Tengying Group.

Not to mention imagining him as a top-tier billionaire.

Having such a brilliant daughter must be quite a headache for him!
(End of this chapter)