The business world is a battlefield.
This is no joking matter. While you target soone, rest assured they will be targeting you as well.
Unless you are like Xu Pidai, who owes them several trillion.
Whoever dares to blast him is essentially shaking the foundation of the real estate sector.
This was precisely why Tong Zelan’s grandfather had warned him; land is the largest source of revenue for local finances.
Touching this is akin to courting death.
Chen Pingsheng certainly wouldn’t be foolish enough to touch such a foundation, but he still had to retaliate against Huayi and Yan Qihua, one by one.
At this mont, Huang Zhongshi had beco like an enraged Old Ma.
There was a ti, when Huayi’s market value was in the hundreds of billions, that everyone would treat him with the utmost respect.
Even coming to his door, begging for cooperation, from its establishnt in ’94 to Feng Dagang joining in ’98.
Huayi had undeniably charted a peak course in the entertainnt circle, claiming every annual box office championship in Mainland China before 2010.
There’s no exaggeration in saying that.
It was because of such achievents that Huayi beca the undisputed lead brother in the entertainnt circle.
It was only in the past few years that Tengying Entertainnt had risen too quickly and shaken its core position in the entertainnt circle.
But now,
After returning ho from the company, Huang Zhongshi spent the entire journey on the phone.
So were with banks, and others were the business tycoons who used to co to him for female resources.
Twenty billion was almost in his hands.
A single article by Tengying Entertainnt had frightened off the billionaire who had slept with Huayi’s lead actress.
To outsiders, it seed like Tengying Entertainnt was denouncing the trade of money for sex in the entertainnt circle.
People in the business world saw it as a warning that if you dare lend money to Huayi now, don’t bla for targeting you as well.
The sharpened front of Tengying Group, which not even Xu Pidai and Yan Qihua could suppress together, was extrely sharp.
Everyone talked about his backing from the Middle Eastern Royalty, and world-class financial consortium.
At this ti, offending Tengying Group for the sake of sleeping with two celebrities was completely unnecessary.
Better to play it safe and lay low first; while a billionaire is impressive,
he’s nothing compared to Xu Pidai and Yan Qihua.
The three parties employed various tactics, fiercely battling for half a month.
In the end, Tengying Group was still full of vigor, whereas Huayi, valued at hundreds of billions,
saw its shares drop to less than forty billion, and they were still plumting.
Continuing like this, a drop to less than twenty billion was absolutely certain.
Once that happened, the banks and individuals who had accepted his shares as collateral for loans,
would be the first to urge him to repay the debts.
The reason was simple—the shares had been valued at a hundred billion when used as collateral.
Now, dropping more than seventy percent in less than a month, these collateral shares were completely unworthy of the loan amounts.
This was very dangerous.
The counteroffensive of Tengying Group delivered one blow after another, which would chill anyone who witnessed it.
It’s not that he was too harsh on Huayi, but that his moves were too fierce.
If they were in Huang Zhongshi’s position, they would equally struggle to resolve the current crisis.
A series of fierce moves ca down, compressing a conglorate with over a hundred billion in market value, and in a short ti, they were left breathless.
It was unmatched.
The once low-profile Tengying Group had completely made a na for itself in this battle.
They pressed Huayi to the ground and rubbed it fiercely.
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Magic City, Headquarters.
Having caught its breath, Tengying Group struck back.
All the high-level executives of the group witnessed this battle, not only to relieve their emotions but also to disrupt the intentions of any newcors who might aim to challenge the Tengying Group.
Therefore, they had to completely suppress Huayi to the ground this ti.
But before that, they also needed to erase the minor achievents from this Huayi and Tengying battle.
The voluptuous secretary, Zhang Wanyi, ca in holding a financial statent, reporting, "Chen, you personally took out 15 billion to buy back your own stocks at the bottom, and as of now, the overall stock prices of the Tengying Group have risen by about 30 percent."
Compared to when he bought at the bottom, they were up 30 percent.
That ant he now had about 4.5 billion in paper profit, after deducting interest on mortgages, he still made over four billion in just one month.
Moreover, Tengying Group’s stock prices had nearly fallen by 50 percent compared to their lowest point.
That’s a harsh halving of the stock price.
This current increase is far from the peak.
Such a large sum of money wasn’t sothing he could wait to cash out at the peak; that was utterly unrealistic.
The peak ans that the stock price would stop rising, and if he waited for it to stabilize before selling, it would surely push the stock price down again.
"Keep the Tengying Entertainnt stocks, start to slowly sell off the others."
He still wanted to quickly repay the 12 billion to Guo Ziyi. This battle had also inspired him to increase his investnt in comrcial real estate.
The key point was that in tis of crisis, only the most stable core assets like comrcial real estate could secure large funds quickly.
Stocks were too airy, and he would no longer invest in comrcial real estate in the mainland.
The reason was simple, to get money from comrcial real estate in the mainland, he could only go to the banks.
Not to ntion the various approval procedures that took at least half a month, even the matter of getting a 50 percent mortgage loan seed absurd to him.
That comrcial real estate could only secure a mortgage loan of 50 percent at the bank, wasn’t that implying that the real core value of what he bought was just a half-price discount?
It was most reliable to invest such core assets in Xiangjiang.
With a 70 percent mortgage, Guo Ziyi could imdiately take out over ten billion.
That was the hardcore strength of the Xiangjiang big four.
"Old Chen, by retaining Tengying Entertainnt stocks and not selling them, does it an there’s still room for a further explosive increase in their stock price?"
Tong Zelan asked curiously, she had also put in two billion to save the market.
It was intended as an act of loyalty, but she ended up earning a hefty profit.
"Pretty much."
Chen Pingsheng tapped on the desk, "The stock price of Tengying Entertainnt has only recovered to 60 billion now. By the end of this month, War Wolf 2 will be released. This movie might just pull Tengying Entertainnt’s stock price back up to its previous high of over 80 billion."
After the investigation team had left, his projects could also be released on schedule.
Zhan Er, he had a profound impression of it, an investnt of 200 million with a return rate of at least over a billion.
Earning a billion from one movie, that stimulation to the stock price was truly beyond imagination.
He had invested most of his funds in Tengying Entertainnt, only waiting for Zhan Er’s release to drive the stock price crazy before he would sell off the scattered stocks in his hand to cash out a large amount.
It might be unsaid, but every crisis was also an opportunity.
Following this sale, he had put out 15 billion in funds and earned back at least ten billion.
Of course, as he earned, Xu Pidai and Yan Qihua were also earning.
The only one who truly lost was Huang Zhongshi, the foolish guy.
Chen Pingsheng rubbed his chin, seriously thinking. At this point, who would still co forward to be Huang Zhongshi’s White Angel?
If no one took over, he would certainly find a way to buy back those comrcial properties that Huayi had mortgaged.
However, a re mortgage loan of over two billion obviously wasn’t enough pressure yet.
He needed to turn up the heat on Old Huang further. How could soone like him not have private loans?
Not to ntion the debts he owed.
When tis were good, naturally, no one dared to block Huayi’s gates demanding money, but if things were not going well, why wouldn’t they demand it?
Otherwise, weren’t they willing to go down with him?
Chen Pingsheng instructed Zhang Wanyi to release further news externally, pushing those Huayi creditors to knock on the door.
Once the creditors ca knocking, it would undoubtedly be as difficult as ascending to heaven for Huayi to secure loans at this stage.
Anyway, he couldn’t think of anyone who would want to be that White Angel to take over.
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