Reaching the age of thirty, my income randomly doubled-Chapter 882 - 666: Flaunting Wealth and Elegance
Among the domestic capital games, the most sensational was undoubtedly the Baowang War. Vanke Shares were widely dispersed, and Yao held hundreds of billions in cash from an insurance company. He leveraged it to directly become the major shareholder of Vanke.
If it weren’t for the last critical moment when Peng City’s state-owned assets intervened, he would have succeeded.
Of course, what truly drove Yao out of the capital market was still the Baoge War.
Miss Dong stood up and outright rejected savage capital.
This led to the state-owned assets committees in two places simultaneously taking action, and the final result was that Yao was banned from re-entering the capital market.
Later, he ventured into new energy, but a capital game player dabbling in real industry naturally didn’t fare well.
The news shows he was even blocked and beaten by his employees at the door.
This could be considered a huge disgrace for a billionaire of his generation.
When it comes down to it, Chen Pingsheng is the most qualified to play this game now, given the vast amount of money he controls.
For any high-quality company with dispersed equity, he can easily gain controlling stakes.
Even local state-owned entities find it hard to counter him.
Currently, he hasn’t gone to acquire other companies; instead, he has merged his own company once.
After Teng You Media acquired Tengying Entertainment, within half a month, the stock price rose to 4.2 trillion.
Later, they acquired the entirety of Fei Yangyang, raising the stock price by another 30 billion.
It reached a historical high of 4.5 trillion.
In today’s entertainment industry, it’s imperative to develop new large-scale profit sectors. Relying solely on making movies and TV shows will only lead to stagnation.
The greatest benefit of merging Teng You Media is that it now has diverse operations.
It can perfectly utilize high-end star resources.
The public is quite concerned whether, after merging and restructuring internal enterprises, he will engage in aggressive expansion externally.
Tang Jing handed the tablet to him, "Big Boss, look, all the financial news lately is about our group’s mergers and restructures, with countless netizens asking when their companies will also be merged and then getting rid of their damn parasitic bosses."
"Let’s not pay attention to such news. Also, have our PR department control it, so no one thinks we’re manipulating public opinion."
"Big Boss, is that really necessary? I feel these people are just expressing genuine sentiments; indeed, many hope our Tengying Group will acquire those parasitic factories."
"That makes it even more important not to let such opinions spread widely."
Chen Pingsheng said: "Overseas, they are recently discussing export restrictions, banning products from companies relying on cheap labor from being exported.
"This may seem positive to some people, but its essence is still anti-dumping to protect their own domestic enterprises. Of course, from another perspective, it has certain benefits because it can pressure domestic factories to conduct independent R&D, improving the core advantages of their products."
"Big Boss, this won’t really happen, right?"
"It will happen; it’s just a matter of time."
Chen Pingsheng said: "For those enterprises relying on foreign trade export, it’s undoubtedly a huge blow. At this juncture, we shouldn’t be boasting about high salaries and benefits; it’s too sensitive."
Alright... though he didn’t quite understand.
Tang Jing still meticulously completed every task assigned by the big boss. As the saying goes, do not attempt to portray oneself as unique.
That only invites a ton of jealousy, serving no purpose.
Tesla’s Magic City factory had this issue before, and they ended up with the only option of increasing bonuses but not wages.
The domestic situation is quite unique, after all, the reform and opening have only been ongoing for so many years. Expecting technology to quickly surpass those developed nations that have been advancing for centuries is unrealistic; it must be done step by step.
The factors involved are extremely complex, not something that can be clarified in a few words.
Chen Pingsheng isn’t planning to acquire anyone else’s company anymore; he has enough of his own, unless it’s a very high-quality company like Wanda.
He would then consider taking action.
Time flows languidly, swiftly reaching January.
The New Year festival isn’t particularly lively this year, after all, it hasn’t been long since restrictions were lifted.
Many are infected, naturally staying home to recover.
Nothing happened in their home; Er Piya wears five small masks every day.
There’s an abundance everywhere now, seemingly unavoidable. She’s even considering spending billions to buy a small mountain and dig a big cave in it.
Building an ultra-comfortable cultivation cave, with food delivered through a single channel by outsiders every day.
She’d stay inside until the illness completely subsides before coming out again.
No surprise, her whimsical idea was vetoed by her mother, Yanxi.
Though the idea of building a mountain cave was denied, Yanxi still built her a small villa on the hilltop of the back mountain. frёewebnoѵel.ƈo๓
Watching how long she could stay there by herself after it was built.
Their family of five hadn’t been infected; the youngest sister caught it first.
She recovered at home in three days as if nothing happened; their villa even has its own top-tier medical team.
Nothing strange about it, just standard luxury setup.
They all receive regular health checks and have diets arranged for balanced nutrition control.
Others also caught it one after another but recovered quickly.
Afterward, Er Piya discovered something strange; it’s said this thing can be transmitted even through air.