Chapter 388: Having Money but Nowhere to Spend It
Winter is coming.
It is not an empty talk, but understood from an economic perspective.
As far as Chen Pingsheng knows now, at least three trillion US dollars have flowed overseas in just a few years.
Economic development is inseparable from investment. When so much money flows overseas, the consequences can be imagined.
In addition, real estate is still a little crazy for the middle class.
Only they still believe that housing prices will always rise. A well-known real estate company has now launched a 30% discount on home purchases.
Although there are various rules and restrictions, it is also a real price reduction promotion.
You must know that real estate companies cannot lower housing prices casually.
That can easily cause a large number of home buyers to defend their rights, and there is also a piece of paper on it.
Restraining orders are no joke.
Chu Qiuyan is the founder and president of Bobo Milk Tea.
She can clearly feel the drastic changes in the market in the past two years, not to mention other ordinary entrepreneurs.
Mass entrepreneurship and mass innovation seems to have been the slogan of the past few years.
At that time, Success Master was very popular, and people were flocking to sign up for their courses.
Now, the success masters have almost become second only to domestic experts.
Very few people still believe it.
This not only means an improvement in the overall cognition of ordinary people, but also means a drastic change in the market environment.
"Uncle Chen, how should we deal with the future environment?"
"Don't worry too much."
Chen Pingsheng said: "In any case, maintaining sufficient cash flow to prepare for the cold winter is an inevitable long-term plan. In addition, we should improve the internal mechanism and develop everything inward. You will not pay dividends for the time being in the next few years and reduce external investment." amount of investment.”
It is normal for listed companies not to pay dividends for several years, and there is nothing to explain to the outside world.
Buy an umbrella on sunny days and prepare enough cash flow.
No matter how big the difficulty is, you can get through it.
This is not only true for Bobo Milk Tea, but also for all its listed companies.
The direction in the next few years is to reduce investment and expand corporate cash flow.
Originally, Tengying Entertainment proposed investing in building a film and television city, but now he has rejected such a large investment.
Tengying Group is both a whole and composed of countless large-scale individuals.
The current strategic direction is to shrink funds as a whole, and individual listed companies must hoard enough funds.
To prepare for the coming of winter.
Large investments will only appear on his side, and others will begin to shrink.
Chu Qiuyan expressed her understanding. Uncle Chen had almost never missed this aspect.
Every time, you can step on the right outlet in advance, and you can achieve success as quickly as possible every time.
Even he feels that the future economy is not optimistic and companies will start to shrink funds.
The situation must be very serious.
He even reminded everyone that those who took money to speculate in real estate in the early stage should withdraw as soon as possible.
I would rather deposit money in the bank than in a house.
Chu Qiuyan, including Chang Fu and Gao Hu, all used some of their net worth to speculate in real estate.
No need to linger.
As for Chen Pingsheng himself, he has invested 60 billion in commercial real estate.
Including the premium over the years, the total is more than 80 billion.
These fixed commercial assets are used by him to ensure the inheritance of the family, and the companies he holds shares are all overseas.
A little rise or fall will not have much impact.
The most important thing is to be able to collect billions of dollars in rent every year.
Wealthy families must invest in some stable assets.
He spent the next few days in meetings at the headquarters.
The core is just one, winter is coming.
In addition to Tengfei New Energy and those unlisted projects.
All enterprises must tighten their financial management and prepare at least three years of worry-free financial funds.
Not to mention other companies, even Tengying Entertainment, which has a market value of 160 billion, has to reduce unnecessary investments on a large scale.
Chen Pingsheng himself still owns 40% of Tengying Entertainment shares, and he is also rushing to do so before the cold winter approaches.
Set aside 10% again to cash out a large sum of money.
This money was used by him to make up for the funding gap in Tengying Future City and high-end ecological communities.
He was still short of tens of billions of funds, so he was rushing to cash out when the market was pretty good.
This is normal.
If such a large amount of cash were to be cashed out through the stock market, it would be possible for the stock price to be discounted by half.
Or seek buyers from the capital market at a 20% discount.
Some people want to buy, but they secretly want some additional conditions.
For example, he fell in love with certain female celebrities, but Chen Pingsheng naturally rejected these.
In the end, Du Niang took action.
He has no choice but to take action. Ahli has Youku, Penguin has Tencent Video, and he also has iQiyi.
Both Ali and Penguin had shares in Tengying Entertainment, but he did not.
Naturally, there is a big gap in terms of film and television resources.
Even if he knew that the price of Tengying Entertainment's shares was artificially high, it was for the sake of the development of its video website.
This is all I can spend.
Du Niang was very prosperous in her early years, but she has obviously fallen behind in recent years.
He rushed to any outlet early in the morning and left it hastily done.
The specific reason why it cannot develop is that it suffers from the disease of big companies.
Chen Pingsheng has also been wary of his own company making this mistake.
After receiving 12.8 billion funds from him, in addition to supplementing the funding gap for the headquarters construction.
Of the remaining 2.8 billion, 1.8 billion was used for farming.
Another billion will be used to improve lives again.
There is nothing to improve about his life. He has top-notch villas in the four super first-tier cities.
He has more than one villa. He even has a Baijiadao Banshan villa worth 2 billion in Hong Kong.
He also spent 1 billion to build a summer resort in Qingdao.
He also invested more than 50 billion in Jinshan to build Tengying Future City.
He has cars, super yachts, private jets and so on.
Even he himself doesn't know what to improve about such a life.
He has everything.
He should go home and ask his wife.
Song Yanxi also looked at him in confusion. After thinking for a long time, she couldn't think of anything she hadn't bought.
"Husband, think about it, my colleagues used to laugh at you because of an ordinary LV bag, but now you have money and don't know what to buy."
"Yeah, you don't need anything, and I don't like anything anymore. After the material needs are completely solved, there are only spiritual pursuits left."
"Didn't you like all kinds of cars before? Why don't I see you driving those exaggerated sports cars now?"
"You are different in status and older, so why are you interested in the things you liked when you were young?"
Chen Pingsheng said, "You don't drive a Ferrari yourself."
"It's a little less comfortable, and it's just that fresh at the beginning."
Song Yanxi's figure recovered quickly, and she will be finished with the confinement in some time.
"You should ask An An what she wants. She went to the village in the city with you to clean the small table for two months. As a father, you should reward her."
"That's right, I almost forgot about it."
When Chen Pingsheng called the big fart kid to the room and asked her seriously how she would spend tens of millions if she was given tens of millions, Chen An An was stunned.
She scratched her head and thought for a long time, but couldn't think of what else she needed to spend money on.
It can only be said that she has fully experienced the pleasure of spending money at will over the years.
Even if you give her another sum of money, she will not buy those unnecessary things.
His family is already rich to the point that even big farts don't like to buy.
After thinking for a long time, I can't think of what else she needs, so I just don't bother to take the money.
It's meaningless.
It was the second fart girl outside who tilted her little butt to eavesdrop.
When she heard that there was money to be taken at home, she immediately came in with her hands behind her back and her head shaking.
"Dad, you can give me the money that my sister can't spend."
"How much money can you spend with your little fart?"
"I want to buy a big car."
"How big?"
"It's a very big one, at least it can seat two of me."
The second fart girl stretched out two fingers and gestured exaggeratedly.
Chen Anan took out a thousand yuan and handed it to her, "With your little needs, one thousand can meet it."
Is that so?
Chen Anan took her to shop online. It was Erpi Ya's first time to shop online.
388 yuan can buy a big car on Pinxixi.
Not to mention two people like her, it's no problem to seat four people.
Erpi Ya came to ask for money, but she was sent away with only 1,000 yuan.
Not to mention the little one, she could get by with just a bottle of milk.