The richest person in Chinese entertainment

Chapter 100 Public Opinion War and Harvest Moment

Chapter 100 Public Opinion War and Harvest Moment
"Leon, I told you that you would not go back empty-handed." Will Smith was happy for Zhang Chen's winning the award.

In any case, Zhang Chen did not return empty-handed from his Grammy journey.

As for whether the outside world will question whether he won the award legitimately, it doesn’t matter to him.

What's the point in questioning further? He won't lose anything because of those who don't support him in the first place.

Sure enough, in front of the news media after the Grammy Awards, a reporter asked him about his thoughts on winning the award:
“Leon, do you feel that you are not worthy of this award?”

The reporter started questioning Zhang Chen right away.

"Whether you are qualified or not is for the association to judge. You should ask them."

The awards are not awarded by themselves. You can ask the US National Academy of Recording Arts whether you are qualified. They are the ones who sponsor the Grammy Awards.

"What we want to ask is, do you think you are qualified?"

The reporter was still relentless and just wanted to ask Zhang Chen how he evaluated himself. To put it bluntly, he wanted to ask him whether Zhang Chen was better than the Santana band.

"My thoughts are not important. I believe in the association's judgment." He could not fall into the trap and had to answer according to the reporter's questions. No matter from which angle Zhang Chen analyzed the gap between himself and Santana, the reporter would report it out of context.

"Okay everyone, I have something else to do so I'll leave first."

Zhang Chen had already anticipated how the media would report tomorrow, and it was obvious that the previous wave of questions from reporters was well prepared.

"Sister Lan, please contact Warner and make some preparations." Zhang Chen said to Yin Zilan after returning to the car.

Passively welcoming negative news is not his style.

The next day, just as Zhang Chen had expected, many media questioned his eligibility for the "Best Male Rock Singer" award.

But Zhang Chen was prepared, and knew that the media would still help him even if he gave him money.

So about half of the media have similar arguments:
"Santana won 12 out of 7 Grammy Awards, but the album sales are very few. Who is the rock band that people really like?"

"The Rock and Roll Hall of Fame, a retirement home from the old days."

"The Grammys are a place of fame and fortune where seniority is the key."

There are many media outlets in the beautiful country that are willing to take money to help people engage in verbal battles. Under Zhang Chen's financial offensive, the public opinion began to form a trend of competing with the side that questioned itself.

Under this kind of public opinion offensive, Zhang Chen frequently appeared in the news with his own name and released the second song of his new album "Rolling In The Deep"

As soon as this song was released, it was requested crazily by North American listeners. Many beautiful Chinese people who didn't know Zhang Chen also wanted to listen to this guy who dared to challenge the legendary rock band, and to hear whether his songs were representative of the new era as reported by the media.

With the joint efforts of Zhang Chen's fans and the audience, "Rolling In The Deep" ranked second on the Billboard singles chart when it first appeared on the chart.

"Tsk, is it the last one on the list again?" Zhang Chen listened to Yin Zilan's report in his Beverly Hills villa.

Due to the opacity of Billboard ranking data, the final ranking may be affected by some external factors.

Currently, Zhang Chen’s two singles, "stronger (What Doesn't Kill You)", was squeezed out by "Rolling In The Deep" in terms of on-demand streaming, so Zhang Chen’s team has concentrated their efforts on the new single.

Therefore, the ranking of "Stronger" is currently ranked No.5
"Rolling In The Deep" ranked No.2 this week
"Let's release the third song and see how long they can hold it back."

This time, Zhang Chen has sufficient ammunition. Although due to some objective factors, his treatment in the United States is significantly different from that in the previous two years.

But fortunately, the other party did not dare to deliberately target him. Moreover, this time when he came to the United States, he also brought a full team of bodyguards. These bodyguards, including himself, have already obtained green cards and are eligible to legally own biubiu.

Although a green card does not mean U.S. citizenship, except for the right to elect and vote, other rights are basically the same as those enjoyed by citizens holding U.S. citizenship.

The United States green card is the United States' permanent residence permit, which is equivalent to China's five-star card.

It is to facilitate foreigners doing business in the country, to facilitate living and working in the country, and to help holders avoid a series of cumbersome procedures for visa application.

At Zhang Chen's suggestion, the album's third single "One Day" began to be released.

He has his own team and Warner to help him get on the charts, and there are also media outlets that are constantly helping to increase his popularity, so he doesn't need to go on shows to promote his album.

He was doing an important thing at home with peace of mind.

Apple's stock has finally reached its highest level in the next few years, and it's time to start selling.

Due to Zhang Chen's joining, Apple's stock price is much higher than the original price.

It has now reached $180 per share.

The initial batch that Zhang Chen bought had an average price of $15, which has increased by about 12 times.

At first, he bought it in installments with 4000 million US dollars, and later invested about 2000 million US dollars. The average price of the two purchases was 18 US dollars, which increased tenfold.

Since Apple's overall size is still small and cannot accommodate the money he has earned in recent years, he also invested the funds in other Internet companies.

The $6000 million from Apple alone earned him $6 million.

Other Internet companies have been established for some time, and he is not clear about the stock price situation of other Internet companies, so he can only invest in those that he is more familiar with.

For example, Qualcomm's average share price was $53 when he bought it last year. Thanks to the royalties from several albums in recent years and continuous sales revenue, he was able to invest $8000 million in these stocks.

Qualcomm's current stock price is around $200, and the average price he sold it for is $190.

Turned 8000 million yuan of funds into 2.8 million yuan.

In other words, the money he earned in the past few years has now turned into nearly 9 million US dollars through the U.S. stock market.

However, he did not plan to withdraw this money. Instead, he asked his investment team to find institutions to start borrowing stocks of Internet companies, which he planned to short.

To put it simply, short selling means agreeing on a price with the lender to borrow stocks during the current period, and then returning the corresponding number of stocks at the agreed time.

For example, if you want to short stock A now, the borrowing price is US$10 per share, and you borrow 10 shares, and agree to repay them in 1 month.

One month later, the stock price of A dropped to $1. Then, one only needs to spend $10 to buy 10 shares to pay back the original stock value of $100, making a profit of $90.

Of course, the specific operations are much more complicated and involve various aspects such as margin trading, hedge funds, short-selling reports, leverage, etc.

But no matter what, even if Zhang Chen had a poor memory, he knew that the Internet bubble in the United States started around the end of March 2000 because of a report.

It would be a waste if you don't make this money.

 I don't know much about the stock market, so please be gentle if there's anything wrong with me, haha.
  I got up a little late, so I'll present the first chapter first and continue writing.
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(End of this chapter)

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