The Birth of Shanghai's First Conglomerate

On the way back, the sky was blue and the clouds were white.

Through the plane window, you can see some oddly shaped white clouds, and city skyscrapers reflected in your eyes like tiny dots.

My uncle didn't say anything, but he did everything.

Xiao Le was very grateful, as it was the first time he had truly experienced his uncle's power and omnipotence.

As he himself said.

As long as you believe you are right, you have nothing to fear, no matter what you do.

This is what it feels like to have someone to rely on.

By the time the plane landed, it was already the end of August.

Xiao Le did not mention his experience in Shacheng to anyone after returning.

She didn't deliberately show off, and didn't say much even when Erpiya asked.

Instead, she focused on preparing for her senior year of high school, determined to get into a good university through her own efforts.

In the future, I will join my uncle's company and strive to be loyal to him.

Xiao Le wasn't the only one who started school.

Chen An'an is now in sixth grade, and Er Pi Ya is starting first grade.

Summer vacation is always lively, but it passes by quickly.

Erpiya doesn't need any guarantees; if she says she'll get first place, then she absolutely will.

As for Chen An'an, the big-breasted kid, he's smart in everything else, but he lacks a bit of talent when it comes to studying.

This year's goal is clear: I must rank within the top twelve in my class.

Their family moved out of the large villa again and into a large flat on the Bund.

Such a house feels even warmer when a family lives together.

The guests next door have changed again, and this time Wu Mei has moved in.

The old Yang's steamed bun shop downstairs also heard that something big had happened, and that Yang's wife was so upset by her daughter-in-law that she was hospitalized.

The reason was that her daughter-in-law used the hundreds of thousands of yuan in betrothal gifts given by her family to buy two designer handbags and a designer watch.

If an ordinary person carries a bag worth over 100,000 yuan, who is she trying to impress?
Besides, the bride price was borrowed by the elderly couple from various sources, as they had been counting on the expenses of their newlywed wedding.

We can use this money to gradually make ends meet.

Who knew that her daughter-in-law would turn around and use the hundreds of thousands of yuan to buy her two favorite bags.

If she's so bad at managing money, how will she ever be able to run a household?

The daughter-in-law started arguing about divorcing her son right after they got married, saying that she, as the mother, was too annoying.

The bride price was all given to her; it was her own money.

She's spending her own money, why should her mother-in-law have to nag her?

Good guy.

A good wife brings prosperity to three generations, while a bad wife ruins three generations. She's really something else.

The Yang family's affair caused quite a stir downstairs, leading many locals to say they would never marry a woman from out of town.

Liu Fen and Peng Ying are busy every day, chatting and gossiping in the community's senior citizen groups.

Old Yang's situation is still just a mother-in-law and daughter-in-law issue.

There was another one that was even more outrageous, absolutely outrageous.

She's also from their neighborhood, and she's a resident who was relocated due to demolition.

Take this family's son, for example. He finally graduated from university, but he doesn't want to do anything and doesn't want to find a job.

He was thinking of using the money to open a billiards hall.

His parents had no choice but to scrape together a million for him.

Opening a billiards hall isn't such a bad business.

What's outrageous about this son is that, in order to increase the size of the billiard hall, he actually knocked down the load-bearing wall of the rented house.

That one blow nearly killed the elderly couple.

They originally thought that even if they lost all of their one million yuan starting a business, they could barely accept it.

Consider it as gaining experience for my son.

Who knew that his knock would send their family back to square one?

The compensation alone for the upstairs residents would be an astronomical sum.

With this one blow, he returned all the compensation he received from the demolition of his old house.

That's still not enough.

When Liu Fen talked about this, she was incredibly animated.

She finally found someone even more tragic than her older sister's son who jumped off a building.

What an idiot.

Entrepreneurship can ruin a generation; the ancients were right, they were right, they really are old ladies!

In such a large community, I've never heard of any successful examples.

They either squander their money or drive their elderly parents to their deaths.

“I told my daughter, given your family’s situation, as long as An’an and the others don’t start their own businesses when they grow up, they could never spend all this money in ten lifetimes.”

Liu Fen said earnestly.

Song Yanxi was certainly aware of this, and she rolled her eyes at her mother.

"Mom, don't worry about these things. What An'an and the others do when they grow up is up to them."

"I was just saying a few words!"

Liu Fen continued, "Look at this summer, you traveled all over the world and spent more than half a month in the mountains. Now you give An'an 200 million yuan every year and let her manage such a large charity fund. I'm afraid that she will become too ambitious and want to surpass her father when she grows up."

"Definitely not."

Song Yanxi is very confident in her eldest daughter, but the real challenge is her second daughter, who has an exceptionally high IQ.

Liu Fen didn't elaborate on the matter, but instead turned to talk about her younger sister, Song Wu.

Song Wu's son, Yang Chaoqun, is almost two years old.

Liu Fen had a small selfish wish: she hoped that Song Yanxi could talk to her sister about having another child.

The child should take the surname Song. Given their family's circumstances, they could easily afford to let Song Wu's son take her own surname.

Liu Fen was also smart; she knew that if she went to Yang Changwen to bring it up, he definitely wouldn't agree.

There might even be a lot of complaints.

If her son-in-law could just say a word, there wouldn't be a second one.

Now that he's changed his surname to Song, it's not a big problem.

Although Song Yanxi really didn't want to bring up this matter, she could tell from Liu Fen's eager eyes.

She desperately wanted Song Wu to have another child who would take their family name.

That's impossible for her.

Firstly, she won't have any more children, and secondly, given Chen Pingsheng's current business standing.

Who would dare let his son take someone else's surname?

Song Wu is actually doing alright; she'll definitely have to have another child.

She was overjoyed that her son took her surname; she wouldn't object at all.

The only ones who would have objections are Yang Changwen and his parents.

"We'll have to wait until Song Wu gets pregnant before we can discuss this further."

"Okay, I'll take that as a yes."

Liu Fen said earnestly, "Mom has never asked you for anything all these years, so you must take this matter seriously."

"You have the nerve to say you've never asked me for anything?"

Song Yanxi counted on her fingers and explained the details to her, "Back when Song Wu was still an extra, weren't you always clamoring to give her a boost? And even though our house was big enough, you kept saying you wanted to move to a bigger one."

"Who bought it for you in Beijing, and then bought it with you in Shanghai and Guangzhou?"

"You see those old ladies driving nice cars, and you secretly come to ask for one too. You must have changed cars at least four or five times over the years, if not seven or eight!"

"Heh...you've really made something of yourself, Song Yanxi, why are you calculating so much for your mother?"

Feeling guilty, Liu Fen took her sleeping mistress, Chen Lu, for a stroll.

She and Peng Ying, those two old ladies, are living a very carefree life now.

If she didn't run away and kept talking, Peng Ying would start to have a problem with her.

Besides, do families like theirs really lack money?

The least noteworthy thing is probably the money spent.

Peng Ying was so frugal when he first came to Beijing!
Now, I see those mink coats that cost hundreds of thousands of yuan and I don't even blink; I just buy them without hesitation.

Isn't it because her son is too rich?

The glory of parents in their old age does not depend entirely on their sons and daughters.

She can only spend a few million a year at most, which isn't even enough for her eldest granddaughter to casually buy a watch.

Although this kind of spending is extravagant, Liu Fen feels that she is still quite frugal.

It's at least more economical than Peng Ying's.

It's true that it's easy to go from frugality to extravagance. Old Mrs. Peng used to be extremely frugal.

Now she's become the kind of customer that luxury stores love most.

Song Yanxi didn't want to settle old scores with her.

It's a reminder to her not to forget the kindness shown to her, and even more so, to remember who gave her this dignified old age.

Families like theirs certainly don't care about spending money.

Because she can't spend all her money, she now has several billion in savings.

Although they don't care about spending money, if you spend their money and still complain about how good they are.

Song Yanxi wouldn't be that fool, not even her own mother.

She now has her own specific way of managing her finances, which is to speculate on gold.

This is her favorite thing to cook.

After all, gold is a hard currency globally.

Compared to those incomprehensible antiques, it is infinitely more valuable.

Every time she spends a sum of money, she spends ten times that amount to hoard gold.

Try not to waste your money.

She's not the only one who likes to speculate on gold; many top-tier wealthy women enjoy doing it.

As the saying goes, antiques are valued in prosperous times, while gold is valued in chaotic times.

The situation overseas is becoming increasingly unpredictable; this is the prelude to an era of chaos!
Gold will only continue to appreciate in value.

As for those antiques, her family doesn't collect those kinds of things at all.

I'll only buy one or two items if I happen to find something I like.

In the current situation, trying to make money from antiques is exactly the same as becoming a traitor four or five years ago.

Song Yanxi herself is also good at making money. In addition to gold, she also buys some overseas technology stocks.

Such as Apple, Nvidia, etc.

Apple started gradually buying in 14, while Nvidia did so because of the booming chip technology in recent years.

She started buying in 15.

Her husband said that investing a large portion of the family's money in these top-performing tech stocks was the best way to mitigate risk.

Both of them only liked to speculate on large-cap stocks.

As for the small domestic companies, there are too many that engage in fraud, so the two of them chose to avoid them without prior agreement.

Even if large-cap stocks rise slowly, they are still bullish in the long run.

Even if a small stock soars rapidly, it could collapse at any time.

Money can generate more money.

That's why their family has the confidence to spend money so freely.

(End of this chapter)