Chapter 321 Chen Pingsheng's Back-Up Plan
Hundreds of billions have been wiped out from the stock market.
That is not a number, but the assets of thousands of retail investors that have actually disappeared.
Chen Pingsheng spent 15 billion in cash himself to stabilize the stock price and maintain market confidence.
Tong Zelan took out another two billion, plus the funds from the group's united efforts.
It’s almost 20 billion.
This is not only to protect the controlling rights of one's own company, but also to protect the interests of retail investors.
Unlike abroad, you can make money through short selling in China.
As long as the stock price in the domestic market falls, basically everyone will lose money.
It can be seen that under the market turmoil, everyone becomes a player.
The Wanbao War lasted for more than a year, and it would not end in a short time on his side.
At least if this 20 billion is taken out, it can be maintained for at least two months.
Even if Xu Belt wanted to raise 20 billion immediately, it would not be an easy task.
This is also the first time that he has solved a corporate crisis through mortgage loans.
This is the benefit of commercial real estate. Only commercial real estate with the most stable value can immediately obtain mortgage loans from banks or some large consortiums in times of crisis.
On the other hand, the shares of listed companies are obviously not good.
His sister-in-law Song Wu came to see him. There was too much turmoil in the entertainment industry during this period.
Not only was Huayi's vitality severely damaged, but her brother-in-law's Tengying Entertainment was also in danger.
Enemies on all sides.
Not only is she here, Song Yanxi is also here.
This is the first time that Tengying has faced such a big crisis since its establishment.
And the reason turned out to be that someone took a fancy to their company and tried to forcibly obtain a controlling stake through the stock market.
A range of resources are used at all costs for this purpose.
The Tengying Group, which had temporarily lifted its crisis, had not been able to immediately shell out 20 billion in cash, and Antler Coffee and Boiling Yangyang might have changed hands.
Even Tengying Entertainment is extremely dangerous.
You must know that in the Wanbao War back then, the reason why the founder Lao Wang was kicked out was mainly because he personally could not mobilize too many cash resources.
After looking for help everywhere, I was able to barely block the Baoneng system invasion.
Chen Pingsheng is different. He can actually withdraw more than 15 billion in cash by himself at any time.
Having this capital is the biggest reason why he is not afraid of anything.
Both companies are still buying stocks in the secondary market. Chen Pingsheng's capital is there, and it is impossible for Xu Tiehe to win his controlling stake.
However, he couldn't just be passively beaten all the time.
That's totally out of character for him.
After Tong Zelan came over, he said directly: "Old Chen, I asked the old man at home to investigate. Do you know how high Xu Tie's debt is now?"
"How high?"
Xu Tiehe has achieved great success in recent years and is admired by outsiders. He has a lot of titles.
But if you want to say that he is absolutely safe, that's not true.
Tong Zelan stretched out two fingers aggressively.
Song Yanxi was confused, "Two hundred billion?"
Chen Pingsheng shook his head, "It should be more than that. Based on his scale and high-speed real estate model, I estimate that two trillion is possible."
"That's right, it's two trillion."
Tong Zelan was shocked by the results of the old man's investigation. If Xu Piao came to mess with them like this, it was impossible for them to do nothing.
Chen Pingsheng frowned, "This is not good news. Once a thunderstorm hits this kind of company, it will be an earthquake-level disaster. We don't know how many families will be affected by this."
"Indeed." Tong Zelan said: "Originally, I just wanted to grab a little of his pigtails so that he could save himself and not have time to attack us again. Who knew that the old man's answer was so shocking? It has reached the level of too big to fail. Even if he is full of loopholes, we can’t do it again if we want to attack him.”
"Why can't you attack him?" Song Wu asked angrily.
After Chen Pingsheng glanced at her, he said helplessly: "The consequences are too serious. If he really gets angry, we who reported it will definitely not end well."
"How can ordinary people owe two trillion yuan? Such a huge debt. God knows how many interests are involved in this. We are just a private enterprise and can do Chinese translation. We must not touch this kind of thing."
In many cases, you cannot win if you have justice.
Didn't you hear a sentence? When you can owe the bank 10 billion, you are the boss.
Banks are afraid that you will go bankrupt.
If you think about a number that is 200 times higher than 10 billion, just thinking about it will make your heart palpitate.
Not to mention trying to break it.
Chen Pingsheng would never have such inappropriate thoughts.
Perhaps in Xu Tiehe's heart, his debts have become his biggest talisman.
Tong Zelan said: "It's rare that you can still stay absolutely awake at this time. My grandfather also warned me not to try to touch Hengda, let alone try to report it."
Chen Pingsheng waved his hand, "Your grandpa is right. Since we can't deal with Xu Tie, what's the situation with Mr. Yan?"
Tong Zelan took a sip of tea and said, "The eldest son of Lao Yan's family has been the richest man in China since the 1990s. At that time, his family immediately used their connections to remove him from Forbes. After that, he kept a low profile for many years, but as long as he is Su Di Everyone over there knows that the Yan family has always been the richest man in Suzhou, and their background is even stronger than that of Xu Tie. "
"No wonder those who dare to attack me directly turn out to be stronger than the other."
Compared with them, Huang Zhongshi of Chinese translation is simply a weakling.
It's ridiculous that he dared to get involved directly.
An immovable Xu Belt, and an eldest son of the Yan family who was the richest man in the 1990s.
This combination made Chen Pingsheng have to rub his temples.
Compared with the newly rising Xu Tie, the old Yan family with unfathomable background is even more difficult to deal with.
He was able to secure his position as the richest man in the 1990s, and he could live in peace and stability for decades without any problems.
You can know this kind of ability just by thinking about it.
"Old Chen, my grandfather said that if you want to fight them, you have to wait for at least five more years. At least you can't take action now."
Chen Pingsheng also understood quite well, "Don't worry, I don't think that I can compare with the richest family in the 1990s now, and there is also the matter of many belts. God better bless him to continue to be so prosperous."
The subtext is better not to explode.
If this kind of thunder exploded, the consequences would be really disastrous.
Millions of families will pay for it.
He would definitely not be this evil person, nor could he bear the consequences.
As for Young Master Yan, just take your time.
Tong Zelan was very pleased that he could remain so calm. The most important thing now was to fight the defensive battle well.
Get over the current difficulties first before you can plan how to regain your position in the future.
"Contact Xu Jing and ask how long it will take for the person we arranged to arrive in Xiangjiang?"
Chen Pingsheng wants to end this farce early. Xu Leather cannot move, and Young Master Yan is even more unfathomable.
If you continue to waste money with these two people, it will only allow them to make a little more money.
Of course, Chinese translation has definitely become the victim.
He never fights an uncertain battle, and two years ago he was wary of others tampering with his sources of funds.
How could there be no preparation at all.
Zhang Wanyi didn't even know who had arranged for people to come to Xiangjiang and what problems these people could solve.
After she called Xu Jing, Xu Jing got back to her the day after tomorrow.
Chen Pingsheng felt a lot more at ease.
The day after tomorrow, a big news appeared in Xiangjiang.
The royal delegation from the Middle East visited Xiangjiang, asked to see Chen Pingsheng by name, and greatly appreciated the long-term cooperation between the two.
As soon as the news came out, Huang Zhongshi was immediately numb.
Didn’t it mean that Chen Pingsheng was guilty of not knowing his huge amount of property?
When did he cooperate with the Middle Eastern royal family? Not only did he feel numb, but Xu Belt was also surprised.
What is the concept of the Middle Eastern royal family? It is a world-class consortium that is truly rich by selling oil.
No wonder Tengying Group has developed so rapidly because it has the support of the Middle Eastern royal family.
As soon as the news came out, the stock price rose.
The magnitude is simply beyond imagination.
Not only did the stock price skyrocket, but the investigation team stationed in Tengying Group also directly received news from the Magic City.
End all investigations into Tengying Group.
The core assets of Tengying Group are very complex. If you look carefully, you will find that most of the equity is concentrated in Tenghui Capital.
This top investment institution is registered in Xiangjiang, and its shareholders come from all over the world.
Now that the Middle Eastern royal family has arrived, this farce must come to an end.
If this continues, it will be a big question whether Tengfei New Energy, which has invested 50 billion, can continue to invest.
In any case, Tengying Group is of great significance to the development of new energy in Shanghai.
Now that a Middle Eastern consortium has come to the platform in person, the investigation into the unknown source of this huge amount of property can no longer proceed.
The Hua Teng war took more than half a month and shocked the entire financial world and even made the entertainment industry tremble.
In the end, it ended with the overall victory of Tengying Group.
The moment the news came out, countless people were cheering with their hands up.
It even made the entire Tengying department rejoice.
Only Huang Zhongshi in the corner looked confused, "This bastard has investment from the Middle Eastern royal family, why didn't you tell me earlier?
"His stock has gone up, but what about my Huayi stock? Mr. Yan, you have to help me!"
After the investigation team withdrew from Tengying Group, the entire Tengying Group's stocks were more like a retaliatory growth.
It is foreseeable that it may return to its previous high level before long.
As for Huayi, Mr. Yan said: "Old Huang, I have never promised you anything. Besides, when Uncle Xu and I spent money together to buy back Tengying stock, I reminded you that I wanted you to do the same." Get involved, you can’t blame me if you don’t have money, right?”
"You..." Huang Zhongshi was very angry. He was the only loser from beginning to end.
Yan Qihua spent 5 billion to buy Tengying stock, and Xu Tongbao spent 8 billion to go shopping.
Even if he didn't grab the final controlling stake in Tengying Group.
Based on the rate of increase in the stock price, the profit will probably double in less than a month.
No matter how you look at it, this is a success.
"Master Yan, I have to remind you, you won't remember how many female stars you played with me, right? If you want to sacrifice me now, I'm afraid it won't be that simple!"
Yan Qihua sneered, stood up and patted his shoulder, "Old Huang, please don't talk drunkenly. I can't crush Chen Pingsheng to death, but I will crush you to death. That's more than enough."
Xu Pingtai was also in a good mood. He often went to Xiangjiang. Naturally, he knew that Tengying Group owned about 20 billion in commercial real estate in Xiangjiang alone.
A company with such a stable capital base cannot be easily stepped down.
However, he and Yan Qihua both have their own achievements. As for the Chinese translation, they can only be abandoned from the beginning to the end.
Who told him that he is not as strong as others?