King of Capital

Chapter 505 Supervision Arrives

[Mobike officially announced that it has become the sponsor of the 2017 League of Legends World Finals. The most fashionable shared product and the most popular game will work together to contribute the best marketing promotion case of the year at the Bird's Nest. At the same time, Dai Wei, a young entrepreneur whose reputation surpassed Hu Weiwei, fell in a long night that will never see the dawn again - Caixin Weekly | The sorrow of entrepreneurship. ]

At the end of March, a ten-thousand-word special report from an authoritative domestic financial media put the final nail in the coffin for the shared bikes.

Just as it rose rapidly, it took only three months for users to fail to get refunds and be unable to log into the platform.

When Didi, which has strategic needs, is difficult to take over, there will be no stubborn people entering the market. They are born from the fanatical pursuit of capital and die when the tide of capital recedes.

Caixin Weekly briefly summarizes the content of the competition in mobile payment ports, and its final focus tends to be more macro, using the market and capital to summarize the complex twists and turns.

After reading the full text of the special topic forwarded by Xie Jingxing on WeChat Moments, Song Anli was so angry that she almost smashed her phone. She could only describe it in four words: ill-intentioned!

There are many people like her who are not dissatisfied with Caixin Weekly but are panicked because they are keenly aware of the changes in the direction of public opinion.

Whether the media intentionally follows the spirit of the conference that has just ended successfully, or unconsciously and instinctively blames the increasingly disordered capital speculation today, it shows that the successful literature that has been selling well in airport terminals in the past few years is about to be covered in dust.

It is difficult for high school dropouts to get on CCTV anymore. The era of countless young people being abandoned by their peers is coming to an end...

From being widely sought after to being resisted, this is an inevitable trend.

The collective consciousness of society has quietly and chillingly shifted, the degree of horror far exceeding any representative event. Those ignorant people who have not yet noticed it will inevitably become part of the victims.

People like Song Anli, who have a keen sense of smell, can only be as restless as ants on a hot pan, waiting for the moment when the general trend will materialize.

The prologue was opened in the secondary market. On the trading day of Monday, April 4, Wanda Film suddenly crashed and hit the limit without any warning. Wanda bonds also suddenly plummeted, causing both stocks and bonds to be killed. The announcement of the temporary suspension of trading at noon stated that the trading would be resumed after a clarification was issued through designated media.

Panic intensified in the afternoon. Fosun Pharma, a large-cap stock on the Shanghai Stock Exchange main board, suffered a market crash, with a huge order of 6 shares hitting the limit down at the end of trading. Fosun International, a Hong Kong-listed stock, rebounded sharply after a sharp drop, closing down %.

In addition, HNA-related stocks fell across the board, with HNA Industrial's Hong Kong-listed shares falling 6%.

[The banking regulatory authorities confirmed that they urgently called all banks at the beginning of this month to conduct a thorough investigation of the domestic and overseas financing support of six companies, including HNA Group, Wanda Group, Fosun Group, and Jiangsu and Zhejiang Lawson, as well as possible risks, with a focus on cross-border business risks such as merger and acquisition loans and "domestic guarantees and foreign loans". ]

It was Caixin Weekly again, which issued an urgent statement after the market closed, announcing that the trend of regulatory measures has arrived.

The next evening, the former dean of a top university's financial research institute published an open letter, pointing out that when relevant regulatory authorities issue new requirements, they should consider the overall situation and not cause extremely adverse social impacts on outstanding companies and entrepreneurs like Wanda Chairman Wang.

The China Banking Regulatory Commission remained silent and did not respond. The head of the foreign exchange regulatory unit was interviewed by a reporter and asked: Is it right for a domestic steel plant to buy an overseas film and television company or for a restaurant owner to go overseas and acquire an online game company?
Three days later, Jiangsu and Zhejiang Lawson issued an urgent announcement to terminate the acquisition of AC Milan Football Club. The equity transfer ceremony in Milan, Italy, suddenly turned into a cursing meeting. The club's sellers severely criticized that they should have officially completed the transaction on this day.

In the first head-on collision, the regulatory iron fist won.

Thus the tone was set, and the second step was taken the following month.

The banking regulatory authorities have singled out "domestic guarantees and foreign loans" and issued a formal document requiring the banking industry across the country to conduct a comprehensive investigation of corporate guarantee and loan risks and tighten capital lending.

The China Securities Regulatory Commission, the China Foreign Exchange Regulatory Commission and other regulatory agencies followed closely. In May, the team leader Chen, as Fan Haonan called him, swung a particularly bloodthirsty blow - strictly scrutinizing the irrational and abnormal overseas acquisition business of listed companies.

This embroidered spring knife cut off the cash flow artery of a number of giants that raised funds through the domestic capital market, including HNA and Wanda. The latter's path to returning its core business to the A-share market was cut off by the blade.

But as the first expert to respond said, regulation is intended to control the market, not to destroy it.

After enduring the month of May when punches were raining down on him, Lao Wang finally got a chance to breathe and immediately made up his mind to cut off his arm in order to survive.

The large-scale sale of assets to replace cash flow caused a chain reaction that resulted in the unclear ownership of Wanda Pictures.

Song Anli was really anxious. On the one hand, she put pressure on the two IPO underwriters to speed up the financing progress of Xiaoma Pentium's IPO, and on the other hand, she frequently called Xie Jingxing to communicate the details of the negotiations between Xiyou and Wanda.

Unfortunately, at this extremely important moment in her personal career, her man was forced to disappear and could hardly take any action.

[Name: Xie Jingxing, Net worth: 720 billion US dollars, Age: 26, Source of wealth: Jingxing Investment Group/diversified financial investment, Residence: Mainland China, Nationality: Mainland China.]

On June 6, Forbes updated the Global Rich List.

According to estimates based on the largest private equity investment project in China last year, the Jingxing Investment Group Financing Case, Xie Jingxing's total net worth soared to US$720 billion, making him the richest man in China and fourth in the world. Ahead of him are Microsoft's Bill Gates, Berkshire Hathaway's Buffett, and Amazon's Bezos.

In addition to the Internet and e-commerce, the financial industry ranks second, second only to Buffett.

Below him, Lao Wang ranks 313th in the world and second in China with a wealth of 18 billion.

In other words, just looking at the wealth list, "Young Marshal" is no longer a nickname, Xie Jingxing has truly been crowned king, the best in the financial industry.

For the general public, it is far more interesting to celebrate the legend of a 26-year-old man who is on par with Buffett than to explore the facts outside the list.

Analysis shows that the valuation of Jingxing Group is exaggerated and inflated. It is better to have a random Weibo post that fabricated that a Spanish princess will not marry anyone but Young Marshal Xie and get more likes. Young Marshal is enhancing our country's prestige and injecting patriotic energy!
…………

【Yao Zhenhua is right. Capital operation is indeed far better than real industry.】

[Korean dramas are reflected in reality, and China's entertainment industry has its own chaebol prince! ]

[If the interest on $720 billion in deposits was given to me for no apparent reason, I can’t imagine how happy I would be as a little girl! ]

[I don’t dare to envy his wife anymore. I remember to expose her in advance when he gives birth. I will die and reincarnate immediately. ]

[What's there to envy about his wife? She's just a little older, they met earlier, and they have a marriage certificate so they can have children! ]

Amid the exploding public opinion carnival, the wandering spirit called class suddenly appeared, and Xie Jingxing's hair stood on end as he decisively pretended to disappear from the face of the earth, and mobilized all the influence of public opinion to carefully and slowly reduce the heat.

On the beach, where the breeze and the warm sunshine were blowing, Zhou Ye was lying under a parasol, playing with his mobile phone and replying to several comments intensively with his secondary Weibo account. Finally, he felt comfortable, put on his black sunglasses that covered half of his face again, and took a selfie with his mobile phone in hand with a cool look on his face.

Switch to the main Weibo account to update today’s Xiao Zhou’s island vacation diary.

"She is retouching the photos. If you go over now, you will definitely scare her." Xie Jingxing instigated slyly while lying not far away.

Zhang Jingyi sat on the sand beside her with her legs bent and her knees hugged, shaking her head.

Xie Jing Xing pretended to be unhappy and glared, but it didn't work. He felt bored and continued to lazily drink the iced cola on his chest with a straw.

During this period, in order to avoid the intense pressure and also because Yu Tong had just given birth to a son, the whole family simply went abroad for vacation and rest.

At the beginning of the year before last, he helped Didi to deal with Apple. He showed off to Cook and clamored on the spot that he wanted to buy the most expensive private island. The old guy was amazed and took it seriously.

Please help introduce the sixth largest island in Hawaii owned by the founder of Oracle, with an area of ​​more than 98 square kilometers, which is almost equivalent to one-third of Hong Kong Island. The terrain is like a pear, not far from the mainland of the United States, and it is a few hours away by plane. Living and medical conditions are convenient. The name of the island, Lanai, means "conquered land" in the indigenous language. There are two to three thousand indigenous people on the island, so at most % of the land ownership can be transferred.

The total price was US$3.2 million, which included relatively complete water and electricity infrastructure. In the past two years, the Four Seasons Hotel on the island was renovated, and several villas were built, costing US$2 million in miscellaneous expenses.

Xie Jingxing had never paid much attention to it, so he was quite surprised when he came here for the first time. The runway had been built and could accommodate Old Xie's Airbus, the water level at the dock had been deepened, and the world's largest expedition ship, which Yu Tong had ordered for more than two years and was finally delivered, was parked there.

I spend time with my wife and children every day, and take time to drive for half an hour to the other side of the island, which is equivalent to the distance from Kowloon, Hong Kong Island to Shenzhen. I play with the two girls, or go diving and fishing at sea, or skydiving and flying helicopters. It's really a leisurely life.

It is impossible for reporters or any other random people to fly over and catch him based on a geographical coordinate.

The only drawback is that Zhou Ye has an arrogant personality and tends to throw tantrums at the slightest provocation.

Zhang Jingyi is the opposite. She is too dull, less lively and really boring.

"You are so stupid and unhappy. How can you act well like this? Really!"

Xie Jingxing drank up the Coke and complained unhappily, then turned over and sat up, ready to go home. The purebred Arabian horse that Uzbekistan gave to Old Xie was airlifted here and raised for a few days. It was in good spirits and could be ridden, so he went into the mountains for a walk in the afternoon.

Zhang Jingyi unconsciously clenched the phone in her hand: "I want to go back to China."

"Have you had enough fun?" Xie Jingxing asked casually.

"Sister An Li said there is a supporting role in a movie that is quite suitable for me. I want to go back and audition."

Zhang Jingyi's immaturity only became more obvious: "This movie is a joint investment of LeTV Pictures and Wanda Pictures. Wanda Pictures is not doing well. The person in charge of casting changes every few days. Sister An Li is worried that she may not be able to communicate with them in the future."

"I'd better go back early to audition and secure the role." As she spoke, her face turned red and her eyes avoided.

Xie Jing Xing crossed his arms over his chest and asked without comment: "Did your sister An Li tell you anything else?"

"What else?" Zhang Jingyi looked confused and didn't understand.

"Nothing, you're not suitable for a supporting role. Zhang Yimou has a script for a spy thriller, and the heroine has a great role to play."

Xie Jing Xing made the decision easily, and then emphasized: "Don't film this year, act in this movie next year as your debut work."

"Are you talking about "On the Cliff"? My agent told me that Director Zhang doesn't want to shoot this movie next year... and Director Zhang has his own candidate for the heroine." Zhang Jingyi's tone gradually lowered.

"Well, then change it, find someone to write a script that suits you, and let her play a villain who only appears on screen for two minutes."

Xie Jingxing deliberately lowered his voice and said it like a thief before walking away in style, leaving Zhang Jingyi in a daze. After a long time, she looked at Zhou Ye who was pretending to be aloof not far away.

Two minutes?
Just let her appear on camera for ten seconds only. Her agent should be able to find a solution.

【Don't worry, keep waiting. 】

Xie Jingxing strolled across the beach and back to the road, got into the car and sent a concise text message to Song Anli.

With the shift in financial regulation, Wanda suddenly fell into a cash flow crisis and sold off assets in a struggle to survive. So how should other giants respond?
People from Hainan State-owned Assets have already visited the headquarters of Jingxing Group. With a wealth of US$720 billion, providing one-tenth of the liquidity can solve many problems.

Avoiding public opinion risks is secondary, and avoiding disasters is the top priority.

The matter of Vanke was enough to be dealt with once, and Xie Jingxing had no intention of taking action before the overall situation was settled.

As for the arrangement for Zhou Ye and Zhang Jingyi, there was no special meaning behind it. It was just like he, as a big boss, was bored and invited them to go abroad for vacation during the summer vacation. He might as well treat it as a development game while he was free.

Life is about competition, and fighting with others is endless fun.

…………

"Never mind the tie, just go over the speech again."

"Water Cowboy, have you positioned yourself? There should be no obstruction in the shooting area for the reporters!"

"There are still ten minutes left. Bosses who need to go to the bathroom, please go quickly and come back soon!"

There was a commotion in the conference room of the Hong Kong Stock Exchange. Ten minutes later, New Dangsong was listed on the Hong Kong stock market. The IPO issue price was HK$70 per share, the total share capital was HK$60 billion, and the market value of HK$3500 billion was the unanimous expectation of the entire market for this mainland monopoly unicorn.

This is extremely rare in history. Even experienced staff members still find it difficult to control their nervousness.

"Why didn't Mr. Su come?"

Tang Man stood in the corner, as far away from the excited faces as possible. Since Young Marshal Xie would not show up today, she was the only other protagonist besides Zhang Tao, the CEO of New DAE. It was a great day for Meimei to establish herself as the queen of venture capital, so she couldn't mess up her carefully crafted makeup.

"Mr. Su has asked for leave."

"She is an iron man who works all year round, why did she choose to take today off? Could it be that she doesn't want to meet me?"

"Bereavement leave."

"Ok?"

"Mr. Su's father passed away." The representative sent by Taihe Capital to attend the bell ringing ceremony explained softly.

Tang Man was stunned and speechless, with her red lips parted, and she managed to squeeze out a fragmented voice from her throat: "Then, Mr. Xie..."

"Mr. Xie returned to China as soon as he received the news. He should have just arrived at Mr. Su's hometown. The incident happened suddenly and everyone was caught off guard."

Tang Man's mind went blank and she could hardly hear what was said. She left the meeting room and walked into the fire escape. She leaned against the iron gate, took out her mobile phone, opened Baidu, and entered the search keywords based on her memory.

There were a few related web pages with the latest dates jumping around, with basically the same titles: the president of a city commercial bank in Suzhou who was about to retire accidentally fell from a building and died.

Tang Man closed her eyes and sighed silently.

When she and Su He first entered the securities industry, the so-called second-generation financial talents mostly came from the more traditional banking industry. The two had been competing for many years and had long been familiar with each other's family backgrounds.

I wonder how many people will not be able to land safely this year... (End of this chapter)

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