Reaching the age of thirty, my income randomly doubled Chapter 456

Chapter 456: Chapter 281 Strict Preparations

December 5th.

The grand battle of Hua Teng was just over half a month ago.

In the entertainment industry, three top female celebrities were successively banned, causing any slight disturbance to make artists shiver with fear during this time.

However, this was seen as a welcome development by the higher-ups.

After all, in this half a month, the tax payments in the entertainment industry have reached a staggering 12 billion in cash.

Fan Haomen alone contributed 800 million.

His ten years of hard work were for naught, everything had to start over.

This was not due to investigations but voluntary back tax payments, as everyone was afraid of being inadvertently implicated in the raging war of Hua Teng.

The industry's leading giant, Huayi, and the second colossus, Tengying Entertainment, made moves which resulted in Huayi quickly losing three of its female generals.

And Tengying Entertainment was not faring much better.

The company's finances were being thoroughly audited, with the chairman himself being the main target.

The stock price also plummeted from over 80 billion to just over 40 billion.

The decline was over 40%, a severe loss.

You would think Huayi won, but its stock also rapidly fell from over 100 billion to just over 60 billion.

The drop was likewise over 40%.

The result of their fierce half-month battle was a combined stock market value evaporation of over 100 billion.

This shows just how brutal the current battle is.

Whether there is any chance for a rebound in the future is unknown, but for now, the loss is equivalent to the total of the next five entertainment industry companies listed on the stock market.

Huang Zhongshi no longer wanted to continue this fight, but the terrifying reality was that at this level, it was beyond his power to stop.

Too many people were eager to push him forward, like Mr. Pidai and Mr. Yan.

These people had no desire to stop, sacrificing one Huayi meant nothing to them.

Swallowing Tengying Group would be the real snake swallowing an elephant.

A business miracle.

Compared to Tengying Group, Huayi was insignificant and Huang Zhongshi couldn't hold a candle to Chen Pingsheng.

Unfortunately, he just hadn't realized this fact.

If Huayi's stock price fell, it truly fell.

If Tengying Entertainment's stock fell, there were still a series of powerful subsidiary groups behind it.

It was by no means a crippling blow.

This was the real target of Mr. Yan and Mr. Pidai.

“If the price drops for three more days, Tengying Entertainment's stock should fall below 40 billion, at which time we can use a small amount of capital to test Chen Pingsheng's bottom line and see if he will staunchly defend the 40 billion floor.”

“He probably will defend it.”

Mr. Yan said, “Once he staunchly defends Tengying Entertainment, we can start by eating up Antler Coffee.”

Mr. Yan extended his hand to the chessboard and made a move with his chariot to capture a horse.

The entire Tengying Group's stocks were falling, including Antler Coffee listed on Nasdaq.

This was an extremely high-quality new venture.

Just the domestic direct-operated coffee shops numbered over six thousand, not to mention countless franchise stores.

And now its stock price has fallen to 15 billion, with the drop over the period also exceeding 40%.

15 billion, far below the actual value of Antler Coffee.

“Attacking the east to deceive the west is also a good move.”

Mr. Pidai spoke lightly; deals that involved a few tens or hundreds of billions of income were simply not worth his attention.

Clearly, if this strong tree of Tengying Group could indeed be brought down.

Then the income would be incomparable to just a few tens or hundreds of billions.

“It's not just Antler Coffee but Fei Yangyang Catering is also worth paying attention to. If it weren't for the high salaries paid to its staff which make it less favored by the capital market, its stock would have already broken 30 billion. Now, its total stock value is just a mere 6 billion.”

“It must be said, Tengying Group has produced quite a few high-quality assets over the years.”

Just by gaining control over Fei Yangyang and then announcing pay cuts and layoffs.

Given Fei Yangyang's revenue, the stock price could quickly surge to 20 billion without much difficulty.

This was like offering up a plump sheep on a silver platter.

December 6th.

The calm stock market saw only Huayi and Tengying Group shares tumble rapidly.

And in this simple day, suddenly thousands of individual investors quietly began to snap up Tengying Entertainment's stocks from the secondary market.

If Chen Pingsheng hadn't played this trick before, it would probably have been quite difficult to detect.

Funding had begun from the opposing side.

In the Magic City headquarters, Zhang Wanyi was fully prepared, and upon receiving a message from the big boss, immediately began to openly support the stock with three billion.

This was to prevent the adversary from acquiring too many scattered shares in the secondary market.

After a brief fluctuation, Tengying Entertainment's stock price actually managed a slight increase despite the unfavorable circumstances.

This clearly meant that buying had begun to outweigh the selling for today.

Huang Zhongshi clearly knew he had become someone else's weapon, but even if he wanted to follow suit, he didn't have the funds to match their play.

Both parties in Tengying Entertainment had put forth tens of billions in real money to prevent the stock price from falling further, so where could he muster that kind of cash?

If Huayi were still worth over a hundred billion, he could simply mortgage a little bit of the stock for a loan.

But now Huayi's stock price was already less than sixty billion.

There was further room for decline, so who would dare to truly throw money in at this time?

Watching Mr. Pidai abandon him and begin to frantically buy Tengying Entertainment's stocks,

He knew he was just being used as a pawn.

As a tycoon in the entertainment industry, Chen Pingsheng's diversified businesses simply weren't comparable to his alone at Huayi.

Didn't you see that even after clashing with him, there was still ability to engage back-and-forth with Mr. Pidai?

“They've started supporting their stock over there,”

“Tengying Entertainment should slowly absorb shares on this end. We must draw their attention. Antler Coffee and Fei Yangyang must quickly be bought up to the disclosure threshold. We'll take as much as they throw at us in the secondary market.”

Mr. Yan was also ruthless, having swiftly pushed for an investigation team to enter Tengying Group, pulling strings from behind the scenes.

As for Mr. Pidai, he too had to call Mr. Xu.

If it weren't for Chen Pingsheng's large amount of capital, he wouldn't have had to work with him at all.

If it were like Huang Zhongshi of Huayi, he could have easily taken control on his own.

Unfortunately, Chen Pingsheng could mobilize a capital pool that was too large at any time.

To take it down, one must have sufficient capital.

This was also the main reason for their rapid cooperation.

Chen Pingsheng only held 5% of Fei Yangyang's shares.

He also had only a 20% stake in Antler Coffee.

Once they managed to buy more shares than his from the secondary market,

In the future, they could directly enter the board of directors.

They might even oust the founder himself.

This was asset encroachment, also defined by entrepreneurs as barbaric capital.

Compared to making money from stock trading, top players were engaging at this level.

Who would bother with small skirmishes?

Why not directly take over the two listed companies?

Zhang Wanyi kept a constant watch on her own company's stock, not letting any slight detail change pass by unnoticed.

If they couldn't hold their ground at this time, the crisis could turn exceedingly severe.

“Chen, the stock prices of Antler Coffee and Fei Yangyang have started to fall more slowly.”

Chen Pingsheng took a look and then sneered, “They still want to feint to the east and attack in the west, tell Xu Jing in Guangdong to have Xiangjiang Tenghui Capital buy back our own stocks across the board.”

Who could possibly be fooled by such minor maneuvers?

If he couldn't mobilize funds of over ten billion at any time, he might indeed have risked losing control of Antler Coffee and Fei Yangyang right now.

Simply put, maintaining sufficient cash flow is essential for running a business long-term; otherwise, after going public, even a slight disturbance could spiral into a fatal crisis.

“Ridiculous, Chen Pingsheng actually wants to protect everything.”

Initially planning to quietly keep buying at the lowest price, out of nowhere a large sum of money emerged, starting a horizontal acquisition.

At this time, the one who could do such a thing, other than Chen Pingsheng himself, is unlikely to be anyone else.

“Let's not hide our moves anymore. He wants to protect everything, right? I really want to see how capable Chen Pingsheng really is!”

Mr. Yan was quite angry, thinking the other side would certainly sacrifice pieces to save the king, but to his surprise, Chen Pingsheng didn't want to give up anything at all.

Did he have the capacity to do so?

If that's the case, then let's all lay our cards on the table and have a direct confrontation.

The so-called laying cards on the table meant something similar to the previous great battle with Vanke.

It would be a fierce competition of financial plates, starting at tens of billions.

Chapter end

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