The Birth of Shanghai's First Conglomerate

On January 8th, Chen Pingsheng arrived in Hong Kong on his private jet.

Compared to the mainland, his hidden status in Hong Kong is significantly higher.

Because Hong Kong is a place where as long as you have enough money, everyone will respect you.

He invested over 10 billion in his own global headquarters in Hong Kong, plus four storefronts in Shui Yun Jian and the supermarkets in Teng Hui Department Store.

The pure commercial real estate alone amounts to over 20 billion yuan, and that's in addition to the investment funds that hold controlling stakes in Tengying Group.

It shouldn't be a problem for him to rank in the top ten in Hong Kong, which makes him very respected there.

Oh... I forgot to mention, the headquarters of Hengda Hong Kong is not far from here.

Having also spent over 10 billion, Xu Daipi is enjoying immense prestige here.

He received strong support from Hong Kong's bigwigs, with Liu Daxiong being the most supportive among them.

He didn't come here for much else; his main goal was to boost the stock price of Deer Antler Coffee.

At the beginning of the year, Deer Antlers Coffee was targeted by Muddy Waters short sellers on Wall Street.

The stock price plummeted from 30 billion to less than 10 billion.

Muddy Waters, the short-selling firm, naturally made a fortune, and Muddy Waters itself also took the opportunity to buy back 15% of the retail shares.

Once you have a lot of shares, you'll inevitably have to drive up the stock price to make money.

Compared to Starbucks' market capitalization of seven or eight hundred billion US dollars, Deer Antler Coffee is clearly still at its lowest point.

The stock price is far from its actual value.

Hong Kong has released a financial report for Deer Antler Coffee for the fourth quarter of 2017.

In this quarter alone, Deer Antler Coffee achieved a net profit of 2.8 million yuan.

It firmly holds the top position as the number one coffee brand in China.

In addition, directly operated stores, including franchised stores, have a profit margin as high as 92%.

This data had a significantly greater impact on the capital market than the first financial report.

This means that 92 out of 100 Deer Antler Coffee stores have already become profitable.

This is not something that comes easily to franchise brands or super-large chains.

After a year of being suppressed, Deer Antler Coffee's stock price is showing signs of rebounding.

Its subsequent global strategy has accelerated since its partnership with Leicester City.

I don't expect to make Deer Antler Coffee as successful as Starbucks, but it should at least have half of Starbucks' stock price.

Chen Pingsheng has a clear goal: to spend another two to three years making Deer Antler Coffee a global brand.

The Hong Kong headquarters is not too busy. Besides the various group branches, it mainly consists of the global industrial research center and the holding investment fund that he established here.

Hong Kong is both a paradise and a place that's hard to describe.

It's called paradise because the per capita income is far ahead of others; even washing dishes or sweeping the floor can earn you ten or twenty thousand a month.

The main reason why it's hard to describe is that a monthly salary of over 10,000 yuan here is only enough to live in a coffin-sized room or a birdcage bed.

It's really embarrassing that a person's life is worse than that of a free dog.

Shen Youwei has been here for almost two years. Her income is not very high, but she earns 40,000 to 50,000 yuan a month, which includes room and board.

If she saves a little each year, she could build a small villa for her family; in fact, she's already building one.

Making money in Hong Kong to build villas in rural areas.

As long as she doesn't buy a house here, capital can't exploit her; this is the slogan shouted by the group of interns who came together.

Buying a house in Hong Kong? Pshaw.

This is not about working for capital for the rest of your life.

Wouldn't it be great to build a big villa in the countryside, nestled against the mountain and surrounded by birds?

These people live quite wisely.

After Old Chen arrived, he invited Shen Youwei to stay at his house, as his daughter was also coming to Hong Kong soon.

Big Paw's favorite person in Hong Kong is her, and he always asks her to stay at his house whenever he comes.

Shen Youwei is still very pretty, and her gentle and delicate appearance is quite cute.

They're going to live in the multi-billion dollar mansion of the big boss.

Sigh! I used to think that spending 500,000 yuan to build a villa in the countryside was pretty good. But ever since I moved into the multi-billion dollar villa of a big boss, I've been trying to imitate his design blueprints to a lesser extent.

After several years of hard work, it's all for nothing.

"Uncle Chen, will An'an come this year too?"

"She'll definitely come. She's spending the Lunar New Year here again this year. She said last time that she hadn't seen you and Auntie Fatty in a long time."

Chen Pingsheng told her that after An'an arrived, she would work at the Outsider Super Restaurant for a month.

Shen Youwei nodded, but in her mind she was imagining a funny scene of Miss An'an working as a waitress at the grassroots level.

Miss An'an: "This is your dish."

Customer: "That's not right, I didn't order this much?"

Miss An'an: "Really? Then I'll give it to you."

She took everything from the table next door. Lost in thought for a moment, Chen Pingsheng interrupted her reverie, "What are you thinking about?"

"It's nothing, it's just that I haven't seen An'an in a long time, and I wonder how she is doing now."

"She's become much more sensible. You'll definitely be surprised when she arrives."

"is it?"

Shen Youwei's impression of Miss An'an was still stuck on her extravagant daily spending.

He bought a superyacht worth 200 million on a whim.

Unable to bear seeing the poor living conditions of those in cramped pigeonholes, she persuaded her father to invest 50 million to build the Outsider Super Restaurant with just one sentence.

This extravagant display of wealth truly astonished this young woman who came from the mountains.

"You should also get ready. An'an can't go there to work alone. You and she should go together. I'll also go with you."

What is this operation?
Shen Youwei didn't dare to ask why. She obediently packed her things on her small desk and prepared to move into the big boss's house.

The envious glances exchanged between colleagues were incredibly creepy.

Especially the female colleagues, who pretend to be typing on the keyboard with their long, slender fingers, but are actually thinking in their hearts.

That little vixen looks so innocent all the time, but as soon as the big boss comes, she immediately goes to warm his bed.

Wow, those legs are spread wide!

He snorted twice, secretly cursing that the other party had taken away a golden cudgel.

It comes out looking like gold inlaid with jade.

That's quite a show-off.

No wonder this little vixen doesn't have a boyfriend; she's waiting to serve the big boss.

This kind of thing is very common in Hong Kong; no wealthy family ever stays with just one wife until the end.

Normally, the wife doesn't interfere, as long as the mistress or other women aren't brought home.

Some local employees are not very aware of the situation, and at most they just mutter about the big boss to themselves.

If they were allowed to discuss it openly, they wouldn't dare, even if they had three times the courage.

I don't want to lose this good job for no reason.

Zhao Yingying, who had come with Shen Youwei, asked her, "What's going on with you?"

“An’an is going to spend the Lunar New Year in Hong Kong this year, and the big boss asked me to go and keep her company for a while.”

Tsk… Zhao Yingying clicked her tongue, “You’re really good at overtaking on curves. Did you see the looks in your female colleagues’ eyes? They’re practically spitting fire.”

"Well, there's nothing I can do about it. I can't tell them that the big boss's daughter sent me over."

"No need to explain."

Zhao Yingying said, "You've been in Hong Kong for so long, don't you understand this place? In Hong Kong, money makes you a big shot. Our big boss's wealth is probably not much less than that of the Li family's son. Who would dare to speak ill of him behind his back?"

"It's not that exaggerated, is it?"

Li Na is widely recognized as one of the richest people in Hong Kong.

Leaving aside the Forbes list in mainland China, at least here many people believe he is not only the richest man in China, but also the richest man in all of Asia.

"You're stupid enough not to know."

Zhao Yingying whispered, "Once I went to deliver some documents to the investment department on the top floor, and they happened to be there planning the asset allocation of the big boss. Let me tell you this, our boss has no debt at all, and the net investment in Tengchao Commercial Management alone is as high as 60 billion."

"This year, Tengfei New Energy has invested more than 50 billion yuan in the Tengying Future City project in Shanghai. This is only the net investment of the big boss in commercial real estate. Go ask the investment department yourself how much money Tengfei New Energy has invested in the past year."

"I guarantee your jaw will drop if you hear that number."

"Isn't it?"

The funds flowing into Tengfei New Energy all come from several investment funds in Hong Kong.

The controlling shareholders of these investment funds are located overseas.

Without mobilizing state power, no individual can clearly identify the shareholders in cases of cross-shareholding.

This was the plan that Chen Pingsheng had designed long ago to ensure the complete protection of the family's assets.

Zhao Yingying knew a little because she combined information from the investment department with the fact that she herself had lived in the big boss's villa on Barker Road for a period of time.

"Hehe, absolutely."

Zhao Yingying whispered in her ear, "In just one year, the amount of money flowing into Tengfei New Energy from Hong Kong has reached 100 billion, and the big boss owns all of it."

This is... a bit exaggerated!
Shen Youwei was stunned for a long time after hearing this.

If we calculate it that way, the gap between An An's father and Hong Kong's richest man, Li Ka-shing, is probably not that big.

No wonder An'an can spend money like water.

Her parents don't hesitate to buy her anything she wants; they're clearly that wealthy.

How big of a villa would she have to build in the countryside for people to know that her family has become the richest?
Or you could simply put up a couplet at the door.

Money is plentiful, but spending it is a source of worry.

That little brain of mine is always full of wild thoughts.

(End of this chapter)