Reaching the age of thirty, my income randomly doubled-Chapter 947 - 706: Differences in Opinions

The three girls received a gift from an uncle unexpectedly, which was both surprising and joyful!

Chen Pingsheng didn’t stay with them for long; he went to live at Taiyi Villa in the evening, and quite a few guests visited during this time.

They were top wealthy individuals from Guangdong, whose names are not well-known.

True members of the elite wealth class are generally very low-key and would never publicize for the sake of a bit of fame.

People like that are unlikely to become top wealthy.

Meanwhile, Chen An’an went to Snacks Dash, thinking that since there were so many things to deal with, she would handle them step by step at her own pace.

To her, who never lacks money, stock price fluctuations are temporary, and the ups and downs don’t need to be managed.

The real core is maintaining customer reputation, which is the service quality of those tens of thousands of offline stores.

As long as this part is maintained well, the falling stock price will eventually rise again.

She’s not particularly anxious for the moment.

Time passed leisurely, and half a month went by in a blink.

Chen Pingsheng received news from Tong Zelan about the joint formation of a Chinese short-selling fund led by her.

It was met with strong resistance from overseas individual investors, turning what seemed to be a sure-win short-selling battle into something extremely uncertain.

Short-selling funds and retail investors are naturally opposed, and Tong Zelan never fights battles she’s not confident in.

But she never expected such strong collective counter-attacks this time.

Several individual investor organizations jointly spearheaded this, prompting hundreds of thousands of retail investors to collectively buy and push prices up.

Tong Zelan is facing great difficulties and may potentially lose over a hundred billion US Dollars in one go.

That’s no small amount, and as explained before, short-selling is using limited returns to gamble on unlimited risk. ƒгeeweɓn૦vel.com

The risks involved are really not something outsiders can comprehend; similar events have happened before.

But this time, it happened to the Chinese Business Association led by Tong Zelan.

Even the wisest man can make a mistake.

Tong Zelan called Chen Pingsheng, hoping to borrow forty billion US Dollars from him.

Chen Pingsheng quickly transferred the money; he had made significant returns from short-selling with Tong Zelan a few times before.

This time, she initially wanted to invite him to share the risk, but he had family matters to attend to, thus avoiding a loss of tens of billions of dollars.

The game they are playing together is certainly not trivial.

They mobilize hundreds of billions of US Dollars at a time.

It just goes to show that the stock market is risky, and no one can always succeed without fail.

This time, Tong Zelan clearly suffered a huge setback, and her accumulation over several years might not be enough to cover it.

Chen Pingsheng reminded himself to be cautious; engaging in ventures with limited profit and unlimited risk should be minimized.

Initially, Tong Zelan thought it would be a straightforward win, but who knew it would get turned around like this?

She was the one who got attacked by a group of retail investors.

To be honest, they are already acting as market makers in the stock market.

Market makers win, so naturally, some individual investors lose; it’s a normal scenario.

Fortunately, Tong Zelan has a thick enough skin, and it’s just a matter of waiting it out for a while.

On his end, the money lending standard has always been for emergencies, not for poverty.

To him, poverty means loans exceeding assets.

Like Old Xu, who is worth tens of billions, yet when you calculate the debts, they’re nonsense.

He’s unlikely to be able to borrow money.

Even if Tong Yanglan loses over a hundred billion US Dollars this time, she still has strong assets worth no less than two hundred billion US Dollars.

So it’s definitely okay to lend to her.

After returning to Magic City, Chen Pingsheng attended several economic forums hosted locally.

He was always in the main seat, primarily discussing future industry trends and offline market improvement issues.

A few years ago, the rise of the internet severely impacted the real economy to some extent.

Later, with the advent of short videos, live-streaming sales became the best entrepreneurial track for the younger generation.

The offline real economy further accelerated into a harsh winter, except for those well-known shopping malls and the city’s main bustling streets.

The remaining physical stores are doing well if they’re not losing money, not to mention the real estate market is still sluggish.

Numerous industries have been affected by this, and the core work of the local Zhengfu remains employment preservation and stable development.

Xiao Ya, who has now been transferred to Hangzhou, came to ask him about the next step in the post-real estate era.

Chen Pingsheng still adheres to his consistent view, emphasizing that while boosting the technology sector, the foundational service industry must not be neglected.

The fundamental service industry is the largest cornerstone for future employment, and it absolutely cannot be damaged.

Of course, the core of developing the technology industry remains grasping the future and capturing enterprise independent research and development.

The whole country is strongly supporting this area.

Xiao Ya is now a deputy-level official, which is insignificant in the vast Hangcheng.

However, after transferring to Hangzhou, she still received considerable resource tilts from Tengfei Technology.

This is the workplace support brought by her family’s connections.

Compared to her sister Xiao Le, Xiao Ya is clearly more mature and composed.

Perhaps within a few years, she’ll be able to switch from deputy to regular.

Once she reaches regular-level, the most crucial next step is to be transferred down to become county secretary.

This step is extremely critical for her, and Chen Pingsheng has already paved the way for her.

Being a good county secretary doesn’t just enrich life experiences; more importantly, it adds solid experience to one’s resume.

General ambition in the civil service usually includes taking the county secretary step while young.

Xiao Ya naturally is no exception.

The term ’young’ in the cadre team refers to being under fifty years old.

Being county secretary before forty is undoubtedly the best age.

Only at this age can one aim to reach the ministry level at fifty.

Ministry level refers to being a provincial bigwig.

Deputy provincial level.

Ordinary people might never meet such figures in their lifetime.

Xiao Ya’s career plan remains very clear; how far she’ll go depends on both family support and her own capability.

Chen Pingsheng certainly wouldn’t hesitate to support her, so Xiao Ya is very likely to reach a certain level in the future.

Once he finished handling his matters here, Chen Pingsheng went to Xiangjiang.

The main reason was that Tong Zelan and others had returned here, discussing how to make up for the short-selling losses.

Some suggested making an even bigger deal, while others disagreed.

Mainly because the gambler mentality was too strong.

These people in business don’t always make money.

If they lose and then gamble more money, it’ll only speed up their descent into the abyss.

Clearly, Chen Pingsheng disagreed.

He even considered this idea extremely dangerous, completely unnecessary.

Everyone just has their own thoughts.

They’re rich but have different ideas that aren’t easy to unify.