It’s not just the domestic situation that changes at a moment’s notice.
The situation abroad, especially in some surrounding areas, will also bring about a series of unpredictable changes due to the turn of the giant China.
Shen Nanpeng said that in addition to the place being a tax haven, there are also a series of factors why wealthy people immigrate to Singapore.
Chen Pingsheng didn’t know much about it, mainly because he didn’t want to immigrate.
Only transferred its most important assets to Xiangjiang, and closely followed the national development strategy to ensure its future investment path.
A very interesting thing happened this year. The four Internet giants, Ali, Takeaway Group, Qiangdong, Big Penguin, etc., have invested heavily in the field of vegetable selling.
This made ordinary people very angry.
These major domestic Internet companies will eventually attack small businesses and hawkers.
Everyone is spending money like crazy in an attempt to deprive ordinary people of their ability to survive in this market.
Many people even approached Chen Pingsheng, hoping that he could also invest a little.
Chen Pingsheng refused without a doubt, not to mention how much money this business could make.
A few large factories with hundreds of billions of dollars are rushing to grab the business of those vegetable vendors who work early and stay late.
This was done in an unethical manner.
Outsiders don’t know how vegetable vendors make money. How can Chen Pingsheng, a second-hand fruit vendor who sells durians on the street, still not know?
I get up at one or two in the morning, and the family is busy picking out and clearing out the goods until three or four.
Then they opened a market to sell vegetables, and most of them earned the price difference of one or two yuan from old men and women.
The hard work involved is really not something ordinary people can do.
And this is an ordinary vegetable seller. If you catch up with fish sellers, just look at how frozen the water is in the early morning of winter.
Tong Zelan also mentioned one thing: the current reputation of the Internet in China has dropped sharply.
The main reason is that after so many years, many people are reflecting on the development of the Internet.
How much of an impact does it have on the economy? If a clothing store with sales of over 100 million rises, then many physical clothing stores will fall.
And there is no need to pay taxes when opening an Internet store.
In the mobile Internet era, the entire physical industry is rapidly losing vitality.
This is one of them.
The second is Internet taxi-hailing, which has become very popular in the past few years.
It was beneficial to most drivers at the beginning, with various subsidies doubling their wages.
As time went by, when one company became the dominant one, everyone was surprised to find that not only did this thing not increase income, it also reduced income by more than 30%.
It once again triggered people’s thinking on the development model of the Internet.
And the most important thing is that in the end, Internet companies started to engage in finance.
That is, lending.
It is not enough for young people to live a life of moonlight, they must also be allowed to spend their money in the next six months or even a year in advance.
Now I am going to break the job of the vegetable vendor.
Given the above factors, the domestic Internet industry is very likely to encounter a red-letter document.
What is a red-headed document? It is absolute administrative intervention.
I don’t know exactly where it will be hit, but one thing that is clear is that there will definitely be restrictions.
This will also be a turning point for the entire Internet.
This kind of information is particularly critical for angel investors. The domestic market is not a Western market economy.
What is more important is a policy-guided economy.
That is, wherever the policy moves, the market will develop.
With this kind of information, even if there is just a hint, it will cause Tong Zelan and the others to drastically change their investment direction.
At the very least, investment funds in the Internet sector will be significantly reduced.
Chen Pingsheng is okay, he doesn’t invest much in Internet companies.
The only ones I have invested in, Pinxixi and Takeout Group are not the top Angel AB rounds.
He only entered when he was growing very well.
As for Guazi’s second-hand cars, it seems to be OK at the moment and has certain conditions for listing.
Except for new energy, which closely follows the direction of the country, other investments still follow the old path of traffic + IPO in traditional industries.
He also reached the top of the industry on this road.
Only in this way can I often drink tea with Tong Zelan and Shen Nanpeng and exchange their experiences.
Chen Pingsheng’s future path is very clear, based on the traffic of Tengying Entertainment, Tengyou Media, and Xin Teng Live.
Quickly covering food, drink and entertainment in traditional industries.
Of course, what is more critical for him is to establish such a complete investment system.
The investors in the Dream Fund are all senior executives he transferred from various listed projects.
It has very rich experience in traditional industry management.
It is better to let them do investment than to find projects everywhere by himself.
Moreover, it is impossible for him to coach all entrepreneurial projects.
The key to future investment is to rely on the improvement of this system. He has even begun to consider building his own Tengying Commercial Academy.
Different from Mr. Ma’s Hupan University, he is a middle-level management talent for the whole society.
Hupan University is also quite powerful, bringing together countless top-level business resources from the entire society.
If you are not the top second or third generation, you won’t be able to get into it at all. Only those who have done extremely well in the first generation are qualified to enter, let’s not talk about what they are taught!
Can you say that bringing all these people together can be characterized as a clique?
These people gather together to destroy your job as an ordinary person. Who can resist it?
So, establishing a university like this is definitely an ambition beyond imagination.
Who else would dare to play like this?
Grandpa Tong Zelan has commented on this university. When he talks about it, he frowns slightly and says nothing.
It's obvious that some problems have begun to surface, it just depends on when they erupt.
Shen Nanpeng also said that the smartest thing Chen Pingsheng did was to invest his large funds in the new energy market.
In addition, he actually started a tennong breeding business.
Charity Technology has both hands, so that he can break through the barriers and gain the special attention of many top bosses in the real world.
Otherwise, given his situation, he would have to immigrate sooner or later.
Of course, the risk of doing this is also infinitely high.
At least after knowing that Ascendas New Energy has invested more than 70 billion, he can no longer get money in the capital market.
Although the capital market believes in heavy investment to clear the way, this investment also has limits.
He has invested eighty or ninety billion in the car before he even built one. Who can bear this?
No matter how good the relationship is, he will not invest.
The main reason is that the current market share of new energy is too low, only about 3%.
This is completely impossible to support a company with an investment of over 100 billion, and I don’t know how many years it will suffer losses in the future.
It is worth mentioning that the field of science and technology is also the most unrestricted, which many people may not know.
If you continue to develop the technology industry, the country will only help you and will not restrict you at all.
Because the technology industry is a global competition.
The competitive pressure is beyond imagination, and its opponents are all outside but not inside.
This is also the main reason why Huawei has reached this point, and there are very few negative reviews about it online.
To put it bluntly, the country will intentionally control this area, and will not let people with malicious intentions maliciously attack it.
This is also the main reason why Huawei’s position in the old business world is as stable as the top of Mount Tai.
It is worth mentioning that it was Liu Lenovo who had this status in the 1990s.
As time went by, Chinese people gradually understood.
What kind of technology company is this? It's just an assembly factory, a middleman who put it together.
All core technologies are foreign, and they sell a computer here.
Ninety percent of the profits will go to foreign chip and component developers.
The Chinese people who have come back to their senses are also the main reason why Liu Lenovo went to the altar.
In fact, you can know the country’s key development direction just by looking at the trend of online public opinion.
Obviously it is now vigorously supporting real technology companies that integrate industry, academia and research.
And Tengfei is taking this path.
The cost is that the investment is high and very expensive, and the risks are completely uncontrollable.
The advantage is that with the support of the government, once we can gain a firm foothold on this road, we will have a place in the world.
The pros and cons depend on how you weigh them.
Chen Pingsheng stayed here until four o'clock in the afternoon before going back.
Some people came from behind, and they were basically the top figures in the business world of the Magic City.
People at their level have their own sources of information.
Everyone will not hide it deliberately, but will share it.
Unless competition is involved.
Overall, the investment market this year is far worse than a few years ago.
The only fast-rising Douyin was missed by Tong Zelan and Shen Nanpeng.
Even Chen Pingsheng was the same. When Zhang Yimin first came to Shanghai to look for financing, he was also there.
There is no doubt that I missed it because I couldn’t understand it.
Of course, at that time, he couldn't spend much money on a new Internet company with a valuation of over US$7 billion.
In the investment industry, venture capital gods like Shen Nanpeng will miss out.
Not to mention other people, it is extremely normal.
When he got home, Liu Fen, apart from taking care of her little girl, spent the rest of her time speculating in stocks and looking for money-making opportunities everywhere.
She still made a little money in the first year of stock trading. In the past two years, she also lost money when she bought anything like the big market.
The domestic stock market is so unreliable, and there are very few companies that can really keep rising.
They are all super high-quality stocks that can be stable in the long term, but more than 90% of them are still stealing money from investors.
You don’t need too many junk stocks.
She also has relatives who have gone to Vietnam to speculate in real estate, and she herself is ready to make the move.
It was Song Yanxi who told her not to bother.
(End of this chapter)