Reaching the age of thirty, my income randomly doubled

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Aspiring to develop a small company into a publicly listed enterprise.

That requires too many factors: a good management team, a growth strategy, and an array of essential, outstanding administration.

Yet to bring a listed company to its knees, perhaps just a trivial document, an obscure investigation might suffice.

Clearly, Tengying Group is currently facing all of this.

First, a financial clerk who had been arranged by Huayi to work there for over two years publicly accused them of tax evasion and fraud.

Then came Mr. Yan, who, with a great deal of influence, directly applied for an investigation team from above.

The team settled in to internally inspect the chairman himself.

If something like this happened to a typical entrepreneur, they would generally be nearing their end.

After all, when an investigation team takes residence within a company for an inspection, they are bound to hold some evidence.

This is an extremely unfavorable signal for the entire capital market.

Nobody dares to buy Tengying Group stocks at a time like this.

Those holding them are only panicking and opting to sell at the first opportunity.

Inspection, sell-off, investigation team residency.

With these three strikes dealt, any average enterprise would have already succumbed.

Not to mention, there's still the need to guard against a brutal invasion by the entire opposition camp afterwards.

After rushing to Xiangjiang, Secretary Xu Jing of Guangdong immediately convened a global press conference at the Xiangjiang headquarters.

He announced that Tengying Group would set aside ten billion in cash to deal with this crisis and rapidly buy back its own shares.

To put it bluntly, this ten billion was used to stabilize the confidence of the capital market.

Regrettably, it was to no avail.

Back on the mainland, Mr. Yan immediately utilized his media resources to release a series of news detrimental to Tengying Group.

Attempting to further suppress the stock price and quickly damage investor confidence.

Now it's not just about the entertainment industry anymore, compared to those top female stars taken down.

The battle between these two giants has already caught the attention of the entire financial world.

After all, it began with Huayi versus Tengying Entertainment and has now evolved into an all-out struggle across the Tengying Group.

The founder of Huayi himself couldn't possibly muster enough capital to launch a comprehensive assault on the Tengying enterprises.

There must be a bigger force behind this.

Magic City Today's Finance dedicated a full page to report the headline "The Return of Barbarian Capital, Tengying Crisis?"

It thoroughly introduced the crisis of the Tengying Group, even comparing it directly to the second version of the Vanke-Baoneng battle.

In that conflict, it finally ended with the chairman being ousted.

Right now, it's difficult to say whether Tengying Group will meet the same fate.

As of now, the Tengying Group has five listed companies: Tengying Entertainment, Antler Coffee, Tenghui Department Store, Bobo Milk Tea, and Fei Yangyang Catering.

And that's just the ones on the market, if you include those that aren't listed, the Group's assets are at least in the two-hundred-billion range.

This is indeed a giant, high-quality conglomerate.

No wonder it has attracted so many barbarian capitals to launch extensive assaults.

If one can take it down, the returns would be unimaginable.

Compared to sacrificing a few top female stars, what does that amount to?

Capital decides who becomes a superstar, and so it will be.

Not only is Magic City covering this extensively, but others such as media from Guangdong, Shenzhen, Capital City, and other places are also rapidly focusing on this event.

Their influence is no longer confined to the small world of the entertainment industry but also affects millions of retail investors, both small and large.

The investigation team will have to stay in Tengying Group for at least a month, and no one else dares to bottom-fish Tengying Group's stock price until their results are out.

And the ten billion they have raised is just enough to keep the stock price from falling rapidly, that's it.

As for Xu Pidai and Mr. Yan, they had also gathered more than a hundred billion and were fiercely competing.

Both were absorbing shares in the secondary market, frantically mobilizing more than two hundred billion in capital to grab the plate.
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The fact that none of this has caused Tengying Group stocks to rise shows just how powerful the investigation team is.

December 8th.

Zhao Liying, Yang Mi, and others each took two billion in cash to begin buying back Tengying Entertainment shares.

Others, such as Bai Lu, Shen Teng, Wu Jing, also began to spend money to buy back shares.

More than five thousand managers of Antler Coffee jointly set up accounts, trying to use their little savings to publicly defend their own enterprise.

At Fei Yangyang Catering, more than twenty thousand employees united to spontaneously defend the plate.

You can't change the boss, because once the boss changes.

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Then they would all be controlled by capital, trimming the workforce where necessary, and cutting salaries when required.

Everything would gravitate toward the capital market.

No longer could one do a job worth eight thousand and receive a salary of twelve thousand.

The fact had proven that the operation of a company must align with the general trend and the will of the people.

Once a crisis began, employees would spontaneously protect the company's assets.

Unfortunately, to people including Mr. Yan and Xu Pidai, all of this seemed like a joke.

How much money could employees possibly contribute?

How much could they casually come up with?

Without being able to mobilize tens of billions in cash, who would dare to target the entire Tengying Group?

All this just made Huang Zhongshi look like an idiot being used without his knowledge.

Frankly speaking, after Huayi Film and Television lost heavyweights like Fan Haomen and Mrs. Bai, and top talents like Yang Baobei, what else did it have to justify a market value of a hundred billion?

Absolutely nothing.

Thus, its falling stock price really caused severe damage.

Trying to climb back up would be harder than ascending to heaven.

After all, to cultivate a top celebrity, both capital and luck are indispensable.

Huayi will struggle to regain its former position as the number one jewel in the entertainment industry.

As for Tengying Entertainment, it's a different story.

Although they were audited, none of their top celebrities were actually implicated.

Before the news broke, they had already plugged all the financial gaps with their own funds.

Their quick response made it impossible for Mr. Yan to undermine even one or two of their Generals.

Besides, their goal was to acquire the controlling stake of the entire Tengying Group.

It would be pointless to buy an empty entertainment shell if they cut off all the moneymakers.

Wouldn't that be foolish?

Therefore, whether it was Xu Pidai or Mr. Yan, they all aimed their guns at Chen Pingsheng personally.

Not one of his profitable Generals below him would be touched.

If they couldn't take control, it could still be considered a business miracle of buying low and seizing assets.

At the very least, they could make tens or hundreds of billions.

If they attacked each pillar of his group, wouldn't that hurt themselves?

After all, they had genuinely forked out over a hundred billion to buy shares of the Tengying Group.

This is also the real reason why all the trouble befell the major artists of Huayi Film and Television.

After all, capital isn't foolish.

They indeed aimed to deal with Chen Pingsheng, but they certainly wouldn't consider a mutually assured destruction.

Nor would they diminish themselves in an endless internal strife.

Having spent over a hundred billion, they could clearly become the third-largest shareholder of the Tengying Group.

Only behind Chen Pingsheng and the earliest investor, Tong Zelan.

In this power struggle, Huayi Film and Television, which fired the opening shot, was the only one truly suppressed.

Only now did Huang Zhongshi realize the sinister intentions of these people.

He became the earliest sacrificial lamb in this game of capital.

Next were the over one hundred thousand retail investors who had bought shares in both parties. In the face of capital's maneuvers,

a stock purchased at ten thousand was now only worth five thousand.

In battles waged by market manipulators at this level, the retail investors usually suffered heavy losses.

Investing involves risks, after all.

Compared to the Tengying Group's retail investors, those from Huayi were obviously more pitiful.

At least Tengying had actually spent over a hundred billion to stabilize its stock price.

The stock hovered around a forty billion valuation, making it difficult to fall further.

Unlike Chen Pingsheng, Huang Zhongshi had no way to immediately produce a hundred billion in cash to stabilize the market.

To buy back his own company's shares, to reassure market confidence.

Even if he had it, he wouldn't use it.

As outsiders could see, losing three top female stars in a short period of time had already deeply wounded the company.

The prospect of returning to the top spot in the entertainment industry was utterly impossible.