Reaching the age of thirty, my income randomly doubled

The short drama thing.

Its value can't be estimated too high, mainly because its technical threshold is too low.

Anyone with a bit of filming knowledge could make one by adapting some new media articles found online.

The reason Yateng Short Drama makes money now is primarily that it was the first one to dare to eat crabs.

If profit maximization is the goal at this time, you must rush to get it listed before policies catch up, or everyone realizes what's happening.

A valuation of ten billion is still quite good.

At night, Guo Ziyi took him and Tong Zelan to a top private club in Xiangjiang.

Pingsheng was coming purely out of curiosity; when it comes to stock market gurus in Xiangjiang, Liu Luanxiong tops the list.

In the 2008 financial crisis, Xu Pidai of Hengda Real Estate suffered a capital fracture on the mainland.

It was by seeking the help of Liu Luanxiong from Xiangjiang that Hengda could rise strongly to where it is now.

In a way, Xu Pidai also represented Xiangjiang capital.

The gathering Guo Ziyi attended today wasn't complicated.

It mainly targeted a mainland pharmaceutical company about to go public, basically a shell company.

Everyone's method of making money was simple and brutal: acquire 80% of the company's original shares at a low price.

Then, over the course of half a year, artificially generate positive news.

Driving the stock price up the whole way.

For example, by acquiring two decent quality small companies and declaring the intention to build an omnichannel presence.

Beyond that, they would drive up the stock price together through various hot potato strategies.

Investors all understand the mentality of the general public: buy on the rise and not on the fall.

As long as they could make this stock rise for seventeen or eighteen consecutive days, it would attract a massive following of retail investors.

When the stock price reached a certain high, they would then slowly offload their shares.

Plainly speaking, they were profiting off the retail investors.

Once these manipulators had made their gains and left, no one would care about the welfare of those retail investors anymore.

This kind of manipulation is very common, not very technical.

With twenty billion cash in hand, one could set up such a scheme, and in less than a year, that twenty billion could become fifty to eighty billion.

And this extra tens of billions naturally come from thousands of retail investors being left holding the bag.

It's just that the stock market has risks; if someone follows the trend to buy such manipulated stocks, it is not so bad if they run fast.

If they run slowly, it's basically a complete loss.

Chen Pingsheng has no interest in this way of making money at all, it's entirely built on the backs of countless retail investors.

You could say it's quite vampiric.

Not just him, Tong Zelan and Guo Ziyi are also disinterested.

Nobody lacks this bit of money; there's no need to operate such garbage stocks to earn it.

Many shell companies on the mainland are actually backed by manipulators scheming within.

The specific methods of operation are quite predictable.

To go public, companies must go through numerous auditing processes.

Shell companies certainly don't meet the listing requirements, so they must try every means to take care of key figures in the audit process.

The most common tactic.

Send beautiful women, pure college beauties, female stars, etc.

As long as you want, capital can handle it.

If women aren't successful, then find ways through their children.

Through backdoor dealings to obtain listing qualifications, then collude with a few manipulators to drive up stock prices.

In the end, it is thousands of small investors who are left holding the bag.

Chen Pingsheng has always disdained such ways of making money.

Unfortunately, there are still many who specialize in targeting retail investors.

Even if they are caught, they are just fined a few million and let go.

This is not called a hefty fine, but rather flagrant encouragement of production.

After listening there for a while, he left; the president's class lasted for three days, and it was only the first day on the ninth.

The next day, Pingsheng still listened to the lectures seriously and took diligent notes.

The professor on stage was not merely a teacher, but also a global financial analyst for an international investment bank.

He was well versed in the economic situation throughout Asia. Find your next read at empire

Take, for example, a few years ago when Li from Xiangjiang completely withdrew from the mainland real estate market, reallocating hundreds of billions in cash.

He shifted his investments heavily into infrastructure in other countries, as well as hydropower and energy.

The professor considered this to be a very wise decision.

In business terms, without considering other factors,

this choice to exit the real estate market was undoubtedly quite prescient.

It was also this year that Mr. Ma openly declared that the future housing prices would become as low as cabbages.

In the upper echelons, this was hardly a secret.

Just from what Pingsheng knew, there were already many big players who were bearish on the real estate market.

The main issue was the impact of high housing prices on population growth, which in the long run was bound to hinder future development.

The key point is that housing prices are like the stock market.

It's fine to inflate them, as long as there are enough retail investors willing to take over, the game can continue.

Now, those who can afford to buy property already have one or two homes in their families.

Those with less means have also purchased homes through loans.

What's left, the real demand, is finding it increasingly hard to accept astronomical prices for housing.

The domestic housing stock is already sufficient for three billion people to live in.

Everyone needs to prepare for the retreating tides in advance.

Once housing prices start to drop, it will inevitably signal a major turning point in the economy.

By that time, all industries will inevitably begin to intensely cannibalize themselves internally.

No one will be able to escape.

The main issue is that the entire consumer market will be downgraded.

And the stock market will grow ever larger.

In such give and take circumstances, whether it is traditional industries or internet companies,

they will officially enter the era of internal competition.

Like the catering industry, they will inevitably start to aggressively compete in terms of brand, service, pricing, and even in terms of entrepreneurial influence.

The word "competition" will stand out in all industries.

This day may come soon.

All of you here are major bosses, so start preparing!

The professor's unremarkable tone, however, conveyed a serious future situation that everyone became aware of.

Pingsheng had been preparing for this day for a long time, frankly speaking, the root cause of all this happening

was the countless middle-class families who have overextended their family income for the next ten or even twenty years because of housing.

Having spent so much money on housing, they will naturally cut back on other expenses.

Once housing prices start to fall, most people will tighten their belts.

Like the stock market, where people buy on the rise but not on the decline, once housing prices start to fall, transaction volumes will inevitably also slide.

When investors stop entering the market and houses cannot circulate normally, the impact will be more than just one or two.

It could be said that for the entire mainland economy, housing prices are the most direct indicator of the direction of the wind.

Pingsheng wasn't too worried about that day, mainly because his industrial positioning had already been completed.

Top-quality resources like Water Cloud Space and Tenghui Department Store had already been preemptively purchased by him.

Belonging to the category of self-run, his cost sector was much lower compared to other peers in the industry.

He didn't have to worry about internal competition at all.

The real concern was just for food industry giants like Fei Yangyang.

Fortunately, he had already reduced his shares in Fei Yangyang to only 5%.

Bobo Milk Tea was the same.

He would be able to face that day with composure.