Reaching the age of thirty, my income randomly doubled

Chapter 246: Chapter 189: Income Skyrockets



Chapter 246: Chapter 189: Income Skyrockets

July 12th.

The continuously sluggish stock market suddenly burst with shocking news that rocked the business world.

After a long period of buying, Baoneng Group officially disclosed its stake in Vanke, the nation's leading real estate group.

"Disclosing a stake" refers to the shareholdings reaching 5%.

Having qualified for entry into the board of directors, a fierce battle of encirclement and counter-encirclement in the stock market had officially begun, causing Vanke's share price to soar dramatically.

It was foreseeable.

Both parties would now genuinely spend substantial amounts to sweep up the scattered Vanke shares in the market.

For Baoneng, 5% was just the beginning of its disclosure.

What they wanted was absolute control over Vanke.

For Vanke, Baoneng was an unwelcome participant.

In Old Wang's own words, Baoneng didn't deserve to be the largest shareholder of Vanke.

In such a situation, a counter-offensive was inevitable.

The entire Lushen Markets were watching this battle, touted as the nation's foremost business war in the stock market.

Various financial news continued to emerge.

It involved state-owned capital, local business groups banding together, and even the second-ranking real estate player like Hengda intruding.

Everyone knows how the stock market works.

If more shares are bought, the price will inevitably soar.

If more are sold, they will plunge in response.

At the moment, numerous big players were scooping up Vanke shares, voraciously absorbing them.

Baoneng Group had spent eight billion in the secondary market just to acquire about 5% of Vanke's total A-shares.

They were now prepared to spend hundreds of billions more through their subsidiaries or a series of joint actors to become the largest controlling shareholder of Vanke.

Chen Pingsheng, who had initially spent 1.5 billion to acquire Vanke's shares, was now poised to make millions daily, given the situation.

Vanke's shares hit their daily limit as soon as the market opened, confirming that several big dealers were fiercely competing.

He didn't pay much attention, as such a massive operation surely wouldn't conclude in the short term.

The stocks he held jumped daily, netting him millions more.

This was like pocket money for shopping in Greater Magic City for the spoiled brat.

July 13th.

Yang Mi had arrived in Greater Magic City with the grandeur of a queen.

On the 14th was Bobo Milk Tea's nationwide franchise recruitment convention, and her appearance initiated continuous screams at the venue.

The convention concluded with over eight hundred new franchises secured.

The booming tea industry was foreseeable.

From the franchise fees alone, nearly ninety million was collected in just one meeting.

Following that, Bobo Milk Tea planned to invest sixty million of those funds into opening their own stores.

By September, it was expected to have about four hundred company-owned stores and around two thousand franchise stores.

In just over six months since its establishment, Bobo Milk Tea had created a business miracle.

Its development speed was staggeringly fast, leaving peers dumbfounded.

Thanks to the low-price strategy, dual top-tier female celebrity endorsements, recent popularity surge due to Hua Qiangu, and the intangible assets of a campus belle founding goddess, a combination of factors propelled Bobo Milk Tea's miraculous market speed.

Who would believe this was just a tea company that had been established for little over six months?

It was foreseeable.

The growth of Bobo Milk Tea was just the beginning of its journey.

The future held even greater possibilities.

The franchise recruitment convention far exceeded expectations and consequently, Tong Zelan valued Bobo Milk Tea at 2.5 billion.

This development speed and the light-asset franchise model, it was definitely worth the price.

Meanwhile, the development task of Bobo Milk Tea was handed over to Yang Qian and Jiang Wei to manage.

With the ninety million received in franchise fees, Bobo Milk Tea was not only helping franchisees with store marketing but was also planning to open direct stores in major cities nationwide.

This was bound to keep them busy for a while.

Chen Pingsheng didn't intervene much there since Tong Zelan had already signed a plan with two securities firms and three small financial groups in Xiangjiang for an IPO, selling 60% of Bobo Milk Tea's shares.

This was officially the beginning of a reverse merger listing.

1.5 billion was accounted for.

Bobo Milk Tea became the first successfully incubated investment project by her Honglan Capital.

The initial investment was thirty million.

She personally took ten million, and after adding another thirty million, she took another ten million.

The total investment in Bobo Milk Tea was sixty million.

She invested around twenty million for a 30% stake.

Now valued at 2.5 billion, her investment had increased over forty times.

With 1.5 billion in hand, she relinquished 18% of her shares, equating to 450 million.

The remaining 12% would wait until Bobo Milk Tea was officially listed.

With a huge base of 1.2 billion people in the country and the backing of two securities firms and three small financial groups in Xiangjiang managing the underwriting,

the actual listing of Bobo Milk Tea was merely a matter of time.

It all depended on how it was managed there, but she had already brought back over twenty times her investment amount.

As for Chen Pingsheng, he himself held a 22% stake.

The shares he needed to relinquish amounted to 13%.

"Ding, congratulations host, your cumulative income today is 320 million; would you like to activate the random multiplier?"

Taking the company public indeed received random boosts from Golden Finger Grandpa.

Chen Pingsheng was delighted.

Such amounts of money were not insignificant, easily amounting to hundreds of millions each time.

If he could also complete an IPO for Fei Yangyang this year, that would be at least seven to eight hundred million.

Shaking it up then would achieve numerous small goals.

The direction set earlier was indeed correct, and for the next few years, he would focus solely on this aspect.

The success of Bobo Milk Tea had greatly boosted his confidence.

This project, as Tong Zelan said, had little investment but fast development; once replicated, it was like a runaway horse.

Unbelievably fast.

Looking at the entire domestic tea market, no one could match his speed.


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