The richest person in Chinese entertainment

Chapter 379 73 times the profit, $100 billion offer
The top floor of the Morning Light Building is Zhang Chen’s exclusive office.

Robert Iger did not come alone this time. He was dressed very formally in a suit, with his hair combed to a sleek shine. He was followed by six followers, who, judging by their attire, should be his lawyers.

And Zhang Chen, who was standing in front of him, was also dressed in formal attire.

Although it was a meeting between two people, they also represented two companies. Dressing formally could show how seriously they took the matter and also allow the other party to see their sincerity.

There were also many people standing behind Zhang Chen, including a team of lawyers headed by Zhang San's mentor and a lawyer transferred from the United States by Zhang Chen who was proficient in international law and U.S. law. Together they formed the Chen Guang "team" for this negotiation.

In addition, there are "secretaries" and professional translators from both teams.

Some technical terms still require a professional clerk and translator to record every word said by both parties in real time, so as to accurately grasp the other party's meaning during the negotiation and review after the meeting.

Both are important players in any important negotiation.

However, on the Chenguang side, there is an additional "intern", who is the assistant to the chairman's chief assistant - Liu Yifei.

This was also her first time attending such an important meeting of the group.

After she entered the meeting room, her face was tense, for fear of appearing timid.

That little expression made Zhang Chen smile secretly.

In addition, outside the Morning Glory Building, many media outlets that have received the news have already started to take action. They really want to know what cooperation matters Disney is planning by coming to the Morning Glory Group with such fanfare.

Many people speculate that because Zhang Chen holds the copyright to "Harry Potter", Disney wants to snatch the rights to develop the theme park from Warner Bros.

Some people also speculated that this time Disney might come to Zhang Chen, the new youngest winner of the Palme d'Or, with the script.

You should know that Zhang Chen is the only person who holds the triple identities of Palme d'Or winner, world pop music king, and golden song maker.

Disney usually produces some musical and dance movies, and Zhang Chen is obviously the most suitable candidate in the eyes of many people.

However, these speculations only caused discussions on the Internet and did not receive a positive response from either Disney or the Morning Light Group.

So they could only wait at the door of the Morning Light Building, hoping to obtain first-hand information after the meeting between the two.

This may also be the first public meeting between major Hollywood studios in China and the United States.

"Mr. Iger, I wonder what your board of directors thinks?"

“Before we talk about this, I wonder what Leon thinks of my previous proposal?”

Robert Iger didn't say it explicitly, after all, there were so many people there.

Although these people have signed confidentiality agreements and are trusted by both parties, there is no guarantee that the information will be leaked by someone, so it is better to be cautious.

He also didn't want the news of him poaching Chinese talents to get out. If it succeeded, it would be fine. But if not, it would undoubtedly add difficulty to the company's investment in China, which would not be worth the loss.

"Mr. Iger, how do you feel about your first visit to China?" Zhang Chen did not give a direct answer, but asked him a question in return.

At this moment, he was not clear about what conditions the other party came with for the negotiation, and he did not dare to give a direct rejection answer.

You may not agree, but you don't have to say it. Just keep it in suspense before negotiating terms.

Making Robert Iger feel that he is still someone worth winning over is also an additional condition that will be beneficial to the negotiations. Zhang Chen will not take this card away from the table so easily.

"China is pretty good. For example, the building under my feet is no worse than those iconic buildings in New York." Robert Iger answered somewhat reluctantly, only talking about the Morningside Building and nothing else.

At the end of 05, although it was Yanjing in China, there was still a big gap compared to New York in the United States.

"Yes, this building cost me a lot of money." Zhang Chen looked outside through the floor-to-ceiling glass windows of the conference room, and saw half of the second ring road of Yanjing. "Moreover, those buildings outside were also built in just a few years."

"Oh?" Robert Eger also followed Zhang Chen's gaze and looked, "What are these?"

"Mostly, after all, the Olympic Games will be held here in two years."

"Oh, yes!" Robert Eager understood.

"In the past few years, I have bought a lot of land here, and I'm waiting for a big boom in the future." Zhang Chen smiled at Robert Iger.

"That doesn't affect what I'm saying, does it?"

"No, you don't understand our country." Zhang Chen shook his head. "So, I will have to sit here and look after my things for a while."

“Then” Although Robert Iger didn’t understand, he understood what he wanted to hear, so he nodded and said, “Let’s talk about it when Leon makes enough money.”

In his opinion, a large amount of investment would definitely not be abandoned just because of his words.

But he didn't hear Zhang Chen's clear refusal either.

What does “these few years” mean?
Isn't there still a chance?
Maybe it's because you are dissatisfied with some people.

Let’s wait a few more years.

After Zhang Chen finished speaking, he kept staring at Robert Iger's expression. After seeing that the other party did not show any anger, frowning, dissatisfaction or other emotions, he had an idea in his mind.

This time, his naturalization is no longer a necessary condition.

Then the next thing is to discuss the issue of benefit distribution.

"Speaking of making money, didn't I show Mr. Iger a way before?" Zhang Chen brought the topic back on track. "I wonder how your investigation is going?"

Although the focus of today's negotiations is on the acquisition of Pixar Animation, although he is one of the major shareholders, if he wants to sell the company, he must obtain the consent of more than two-thirds of the votes of the entire board of directors, so today we will only discuss the intentions of Zhang Chen, the shareholder who holds half of the shares.

Today is still a contact.

After all, this is a business worth more than 70 billion US dollars, and it is impossible to be concluded in just a few meetings.

And before letting Disney pay, Zhang Chen also has to see how much the other party believes in what he throws to them.

If the other party believes in it more and feels that money can be made, then they will be more willing to sell it when they have collected enough Pixar animations.

Zhang Chen was clear about this.

It was hard for Liu Yifei, who was typing on the keyboard beside him.

She felt like she was just helping Zhang Chen record some completely useless information.

The normal negotiations have been going on for nearly half an hour now and have just gotten on track.

But just as things got on track, Zhang Chen started talking about other things.

This made Liu Yifei think that Zhang Chen was joking for a while, so she didn't even think about discussing cooperation.

Of course, she thought so in her heart, but there was no sign of dissatisfaction on her face.

Sister Yining told her that as a qualified assistant, she didn't need to have her own emotions or thoughts, and the best thing to do was to follow the boss's instructions.

Although she only had a vague understanding of this, it did not stop her from listening to the advice of the person she trusted most around Zhang Chen.

Thinking of this, Liu Yifei looked up at Zhang Chen and Robert Iger who were already gathered together studying a report.

Remember, I am a ruthless coder.

Liu Yifei encouraged herself in her heart.

"We have been researching the market for almost a month, and the situation is similar to what Lyon said."

"So." Zhang Chen smiled, "Are you ready to make money together?"

"Leon, how long do you think it will take?" Robert Iger said, fearing that Zhang Chen would reveal the specific time directly, and then said, "This time it's not just us Disney, you know the two major shareholders of our company?" Zhang Chen thought for a moment and then asked which two major shareholders Robert Iger was referring to.

BlackRock and Vanguard lead the way.

These two giants are entering the market?

Zhang Chen took a deep breath.

It is not known whether the two companies planned to take action after receiving the news brought back by Robert Iger, or whether they had a premonition and only felt a sense of urgency at this time.

For these two companies, with assets all over the world, they are very clear about what kind of crisis this will bring.

If you can short a portion of assets that are clearly going to fall while you are long, it will undoubtedly be a way to hedge the risks of the assets you have.

No investor will simply go long or short like retail investors. Generally, they will buy some opposing funds to spread the risk. This is the origin of hedge funds.

The fact that these two companies did not send anyone to attend the meeting made Zhang Chen a little confused.

"Won't they send anyone?" Zhang Chen couldn't help but ask.

"They've already started taking action."

"So that's how it is." Zhang Chen understood.

It seems that the two companies have reached a conclusion through analysis.

Then it will be time for the big capitalists in the United States to swing their scythe against their citizens and speculators around the world.

"Leon, how many CDS have you customized from several investment banks?" Robert Iger suddenly asked.

"According to the current value, it is approximately 24 billion US dollars." Zhang Chen smiled slightly.

Robert Eger was shocked when he heard the price.

He quickly calculated in his mind and looked a little shocked: "So you need to pay about 3.2 million US dollars in insurance premiums every year?"

"Yes." Zhang Chen nodded.

"Hiss——" Robert Eger couldn't help but gasp.

Even Liu Yifei, who was quietly entering content, stared at Zhang Chen with wide eyes.

Robert Iger really didn't expect Zhang Chen to play such a big game.

CDS is actually a derivative product that cannot be purchased on the secondary market. It can only be customized from others or from an investment bank.

Even if he was just guessing, he knew that the CDS in Zhang Chen's hands must be insured by the junk MBS and CDO that Zhang Chen had carefully selected.

As long as the things insured by Zhang Chen do not explode, Zhang Chen will need to pay high premiums to the investment banks every year.

Robert Iger could imagine the way the people from the investment banks looked at Zhang Chen when he went to customize this kind of CDS. He was definitely a money-making boy!
Because judging from the current market conditions, the real estate market in the United States is on the rise, and with the personal guarantee from the chairman of the bank in the United States, investors are optimistic about the market, including these investment banks.

Currently, no matter what type of MBS, the investment bank gives it the highest 3A rating.

Only people like Robert Iger who have conducted careful investigations know how many "zero down payment" home purchase loan contracts of people with no money, no relatives or no friends" in the United States are mixed in these packaged MBS.

Their people also went to investment banks like Goldman Sachs to inquire about prices.
They only look at the ratings without opening the MBS asset package to investigate how many junk contracts are there.

“Since Leon is so confident, let’s follow him!”

"Okay!" Zhang Chen laughed, stood up and shook hands with Robert Iger, "Making a lot of money is what we should do."

"Yes!" Robert Eger held Zhang Chen's hand tightly.

The two of them just burst into laughter under the gaze of everyone.

What if you suffer a loss, cheat the other party and cause him to be dissatisfied or even want to kill you?
In Zhang Chen's opinion, the impact he brought was not as great as the crisis in the United States in 08. That thing was also rotten to the core. It was only a matter of time before it exploded. The only thing left was how much profit he could make.

Furthermore, with the participation of BlackRock and Vanguard, do you want to lose money?

Never underestimate the means these people will use to achieve their goals.

If the facts deviate from Zhang Chen's prediction, the worst that can happen is that he will just hide in China for the rest of his life and never go out. It's no big deal.

In a word, the timid will die of starvation, and the bold will die of gluttony.

Now that he has successfully pulled two tall guys to charge in the front, the ideal situation would be for him to pick up some "leftovers" from the back.

If he were really allowed to rush forward alone to short the U.S. housing market, he would probably die without knowing how.

"Leon, how much profit do you think we can make this time?"

"It won't be a loss anyway." Zhang Chen didn't answer.

How can this kind of question be answered?

You cannot negotiate returns on any investment.

But he knew clearly that if he followed the short seller's operation according to his memory, the rate of return would be about .
73 times!
That is to say, his 24 billion US dollars would generate an income of about 08 billion US dollars after 1700!

Thinking of such a huge income, Zhang Chen felt excited.

The sickle cuts the people of the United States and speculators all over the world. He makes this money without any psychological burden.

With this money, and just in time for the domestic economy to take off, he also needed to consider how to invest the money in the country.

This would require him to use another line that he had prepared long ago.

However, the most important thing at the moment is to finalize the short selling as soon as possible.

"Mr. Iger, then I will wait for you to open a position?"

Robert Iger did not refuse and nodded directly: "Okay!"

It was unrealistic to let Zhang Chen take the lead in building a position, but Robert Iger still made a request: "Then we need you to stand up and say something publicly, Leon."

"I understand." Zhang Chen chuckled.

This is a public bearish sentiment from a world superstar and famous investor.

It was just a few casual remarks, not a discussion of specific content, but he had an idea of how to say it.

For example, at a press conference, they "suddenly" talked about the cousin of the second uncle of the aunt of a worker in the crew who bought a house without a job, and Zhang Chen "felt" that buying a house was so convenient. Content like this is fine.

"So." Robert Iger felt relieved after talking about an important matter, so he looked more relaxed when talking about this. "Pixar?"

"Mr. Iger, I have presented you with a great gift that you approve of. I wonder if your offer this time is any different from the last time?"

"Leon, why don't you tell me your price?"

"100 million!"

Zhang Chen directly raised the price online by more than 2 billion US dollars.

　Asking for monthly tickets, asking for rewards!!! Asking for monthly tickets, asking for rewards!!! Asking for monthly tickets, asking for rewards!!! Asking for monthly tickets, asking for rewards!!! Asking for monthly tickets, asking for rewards!!! Asking for monthly tickets, asking for rewards!!! Asking for monthly tickets, asking for rewards!!!

　　
　
(End of this chapter)