Chen An’an began to learn about stock trading from her grandmother Liu Fen.
At that ti, the Vanke battle was raging in Capital City, and many people were trading stocks.
Those few years saw a particularly strong market where even a janitor could make easy money just by lying down.
Later on, the money earned by luck was lost with technical analyses.
Chen An’an rubbed her little hands together; she was about to dip her toes into the market with her 200 million pocket money.
Winning would be best, but if she lost, she would spank her little sister’s bottom - an experience she should be able to handle at her age anyway.
Even with the dazzling stock market data, at her tender age, she could understand it, having grown up in such an environnt, she knew the basic tricks of the stock market inside out.
There are three types of stocks one should never buy.
At the top of the list are junk stocks, what does that an?
The enterprises that get listed through financial fraud and underhanded deals should never be bought.
Chen An’an rembered her grandmother once bought two similar stocks.
After such enterprises got listed through special ans, the founders sched to inflate the stock prices.
Then they kept cashing out.
It was then up to all the investors to foot the bill, with the most brazen being a god among listed companies who, after being investigated, actually issued a public statent.
Why could my junk company cash out over five billion, do you not have a clue in your hearts?
Look at that attitude, so bold!
This guy was really showing off, laying all his cards on the table - he had already taken the money and run off abroad.
What’s left was for all the investors to pay up, initially just wanting to speculate a bit on the stocks, but in the end, they speculated the company’s boss away.
Liu Fen was so angry she cursed out loud, but in the end, she was helpless.
She lost seven to eight hundred thousand into it.
There are other stocks you shouldn’t buy either, such as industries that the country’s policy does not support or even penalizes - nine out of ten purchases would lead to a loss.
Stocks of companies with internal strife should also not be bought.
Putting aside these, one should still be cautious in choosing among the rest.
Pingsheng also gave the spoiled brat a brief lesson; it’s good for her to be in touch with the deep waters of the stock market from an early age.
He planned to invest the remaining 40 billion into ByteDance, though he didn’t know if he could get a piece of it.
If he couldn’t get in, then he might as well just buy Tesla.
Anyway, he couldn’t just keep his money in the bank where it would only depreciate; moreover, his wife could co up with tens of billions at any ti.
His family didn’t have too much need for savings; every month, there was a continuous flow of funds that they simply couldn’t spend all of it.
All he needed to consider was how to make money work for him.
Ti flies, and in the blink of an eye, it was the end of March, and Tengyou Night was held as scheduled in Guangdong.
This was no ordinary internet celebrity gathering, but rather the premier event of the online influencer community.
Zhang Jingjing, transferred to the Guangdong headquarters, attended the event in a red dress.
She never had the chance to attend such grand events before, but after her dramatic makeover last month, she rapidly gained over 8 million fans.
She beca one of the hottest TikTok influencers of the period and naturally qualified to attend.
Alongside her, Huang iyu was also enjoying her ti in the spotlight.
Both were young girls, beautiful in their own unique ways.
Since it was an annual grand affair, the event’s grandeur was no less than that of a celebrity gathering.
The host on stage even called for the internet celebrities to check in and take pictures.
After most of the prominent influencers of Teng You dia arrived, the host went on stage.
Zhang Jingjing and Huang iyu sat together in the second row, whispering to each other, wondering if Old Chen would show up.
Without him, they definitely wouldn’t have beco popular so quickly.
After a while, news spread throughout the venue that not only all the major influencers were coming this ti.
The major boss himself is coming.
That really took people by surprise, after all, whether it was Xin Teng Live Streaming or Teng You dia.
Over all these years, Chen Pingsheng had never once attended any of their major conferences.
It was obviously very unexpected that he would co this ti.
"The major boss actually ca? Where is he? I haven’t seen him!"
Huang iyu stood on her tiptoes to look around, she didn’t see the major boss, but she did spot the familiar Old Chen.
Huang iyu was a bit pleasantly surprised and hurriedly stood up to wave and signal to him.
She also pulled Zhang Jingjing along, getting ready to go over and greet Old Chen when unexpectedly, the president of Teng You dia, Sun Liancheng, was standing right beside him.
Looking at him, he seed quite cautious; this was clearly not normal.
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Old Chen is just a newcor, does he warrant the boss waiting like this?
For those Internet celebrities at Teng You dia, the major boss has always been too mysterious, never showing up over the years.
Sun Liancheng is their boss.
This ti it wasn’t just Chen Pingsheng who ca; basically, all the key leaders under Tengying Group had co.
As Old Chen was escorted onto the stage by a group of VIPs, Zhang Jingjing, and Huang iyu began to realize.
It turns out the major boss who has been investing in Teng You dia from behind the scenes, holding an absolute controlling share, is him.
This was so unexpected, they were actually personally launched by the major boss, you can’t get much more excited than that.
After Chen Pingsheng got on stage, he didn’t say much.
He just said so encouraging words, then went to talk about investnts privately with the founder who ca from TikTok.
Back when TikTok first started, it was valued at seven billion US dollars, and now it’s worth sixty billion US dollars without even making a profit yet.
That’s the valuation increasing tenfold in just under three years.
Not to ntion he missed out on the earliest opportunity, Shen Nanpeng, including Tong Zelan, also collectively missed out.
As of now, owning Teng You dia on TikTok’s platform, it’s quite necessary to reach a strategic cooperation between the two.
The largest share TikTok Group could spare is 1%.
That’s about six hundred million US dollars, which is around 45 billion RMB.
Chen Pingsheng didn’t hesitate too much and imdiately arranged for legal to sign the official investnt agreent.
From then on, he owned 1% of the shares in the group.
Don’t think that 1% doesn’t seem like much, but it’s still enough to rank in the top ten shareholders.
For a group like this, who knows how many tis it’s financed since its inception.
The shares have already been diluted almost entirely.
The reason he was able to buy this 1% is because of the nurous Internet celebrities under his banner, in short, he owned half the kingdom.
In the future, TikTok Group will definitely finance again, and he can just slowly buy in during that process.
He doesn’t ask for much, at least to attain a 3% stake.
Roughly the sa proportion as Pinduoduo, or ituan.
Once the cooperation was reached, Chen Pingsheng still took a commorative photo with him.
It wasn’t until after the end of Teng You Night, that he found Sun Liancheng and had a small drink with him.
It’s estimated that in another six months, at most by the end of this year, Teng You dia will also officially start its IPO.
And Chen Pingsheng’s initial valuation of it won’t be less than thirty billion, with Teng You dia’s market value only increasing over the next three years.
It’s quite likely to rise to the hundred billion level, and he personally owns 80% of Teng You’s shares.
This is an absolute controlling stake.
Most of the remaining 20% is with Chang Fu.
He just has to wait until Teng You dia cashes out, and he probably won’t have to worry about money for the next five years.
This truly is an anticipated first day.
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