Reborn in 2014: A One-Man Tycoon

Chapter 267 ignites the entire internet

Shen An dared to cash out 200 billion yuan in cash using 10% of his shares during this bull market.

Normally, this 10% would be the maximum amount that could be cashed out, which would be 130 billion.

Meng Chuan accepted the entire 20 billion without hesitation.

Anyway, Meng Chuan wants his money back, if it's just a direct cash transfer.

Taxes alone will be a huge expense, with at least 27% of the £200 billion going to taxes.

That's a huge sum of nearly £600 billion, or more than 60 billion RMB.

Meng Chuan would definitely be reluctant to part with so much money.

However, Meng Chuan did not directly hold shares in the Shen family under the name of Mengying Capital.

Instead, they invest in companies like Douyin or Pinduoduo to acquire shares.

They then indirectly held shares in Shang'an Real Estate through the company accounts of Douyin and Pinduoduo.

The shares of Pinduoduo and Douyin that Mengying Capital acquired were all spun off from Meng Chuan's shares.

This is equivalent to Meng Chuan transferring his shares to Mengying Capital.

In addition to Mengchuan Capital, the three companies jointly hold 10% of Shang'an Real Estate's shares.

On average, each company holds 33.3%.

The warning line for raising a sign has not been reached.

In this way, Shen An wouldn't investigate where his 10% stake went.

After all, there are so many retail investors who bought shares in Shang'an Real Estate.

It's impossible for Shen An to check who holds shares in Shang'an Real Estate one by one.

Of course, taking advantage of this opportunity, Meng Chuan also had Mengying Capital give Pinduoduo an extra 5 billion yuan.

This was what Meng Chuan promised Wang Zheng.

Pinduoduo is now on the right track.

Since we've already achieved profitability, we can slow down the pace of subsidies a bit.

With this 5 billion, Pinduoduo can keep burning money for a long time.

It's worth saying.

Pinduoduo has achieved both fame and fortune during this Double Eleven shopping festival.

On Singles' Day, Pinduoduo's daily sales reached 410 billion yuan.

Taobao's revenue reached 480 billion yuan.

Normally, Taobao's turnover can reach 570 billion yuan.

However, the rise of Pinduoduo has still taken away a significant portion of Taobao's revenue.

Besides Taobao, the sales revenue of platforms such as JD.com and Vipshop is pitifully small.

Pinduoduo has taken almost half of their revenue.

Pinduoduo also became famous overnight.

No one dares to underestimate Pinduoduo anymore.

Pinduoduo's current market valuation has exceeded 100 billion yuan.

Meng Chuan was busy with 02 Company during that time and had no time to pay attention to Pinduoduo.

Meng Chuan has yet to fulfill his promise to Wang Zheng to visit them in Beijing and give each of them a large red envelope!

Meng Chuan plans to gradually transfer all of his shares to Mengying Capital.

This allows one to legally and compliantly avoid a significant amount of taxes.

It's not that Meng Chuan doesn't want to pay taxes.

Now is the time for him to accumulate capital.

Being able to use one's capital to protect the stock market during a stock market crash is a truly meritorious act.

After much effort, Shen An managed to raise 500 billion.

As for the remaining 30 billion, how he raises it is none of Meng Chuan's business.

However, it is highly likely that no more shares will be issued.

Otherwise, the Shen family's shareholding will decrease, and Shang'an Real Estate will risk changing hands.

However, Meng Chuan still instructed Ying Die to keep a close eye on Shen An's every move.

If Shen An issues another 10% of the shares, the Shen family's shareholding will only be 35%.

That would actually save us trouble, allowing us to close the net as soon as possible and kick the Shen family out of Shang'an Real Estate.

After making these arrangements, Meng Chuan returned to his calm study routine.

However, this peaceful life lasted only two days.

Meng Chuan suddenly became a viral sensation online again.

Meng Chuan has never liked to show off.

Therefore, he tries to minimize his online exposure.

But that's often how life is.

The more Meng Chuan tried to avoid fame, the more famous he became.

The reason is that a news report about the World Economic Forum was broadcast at 30 minutes past the hour.

The news report was about Meng Chuan's participation in the World Economic Forum.

And the content of the speech delivered at the forum.

Meng Chuan's paper, presented during his speech, has been recognized and highly praised by economists worldwide.

And with the reporting of this news.

Video clips of Meng Chuan's speech at the World Economic Forum have been circulating widely online.

After all, there are quite a few domestic media outlets participating in this forum.

If the news hasn't been reported within the last thirty minutes, other media outlets cannot release it in advance.

Because many major news stories undergo strict review and vetting processes.

These news stories need a 30-minute demonstration and guidance before other media outlets can follow suit.

A Chinese person stands on the world stage and gains worldwide recognition.

This kind of inspiring event has a far greater impact than Meng Chuan's perfect score on the college entrance exam.

He is the youngest speaker in the history of the World Economic Forum.

Meng Chuan has brought honor to the Chinese people.

Furthermore, some media outlets interviewed some of the world-class economists who participated in the World Economic Forum after it concluded.

They all held Meng Chuan in extremely high regard.

These comments, every single one, fill the Chinese people with pride.

In particular, there was an economist named Brad.

He is one of the judges for the Nobel Prize in Economics.

In an interview with domestic media, he stated that Meng Chuan's paper had reached the standard to win the Nobel Prize in Economics.

Even the worst candidate can get a nomination and has a very high chance of winning.

Ordinary people may not know how valuable Meng Chuan's thesis is.

It's unclear what Meng Chuan's paper means for the economic systems of various countries.

However, the fact that it won the Nobel Prize in Economics is enough to prove that this is a world-class paper.

There are very few Chinese people who have won the Nobel Prize.

Every award winner is a source of pride for the nation.

No one in China has yet won the Nobel Prize in Economics.

If Meng Chuan does win the award, he will be the youngest Nobel laureate in history.

This news exploded across the internet like a nuclear bomb.

Meng Chuan has once again become a national idol.

Online comments about Meng Chuan are flooding the internet again:

I told you, nothing can tarnish his reputation except the sun.

Meng Xueshen is a born giant; to worship him would feel like an insult to him.

He is a creator of miracles; it's hard to imagine how far he will go in the future.

Fudan University is incredibly lucky to have recruited the academic genius Meng.

He keeps pushing my boundaries, and I'm really curious to know where his limits are.

[If you're going to have a son, have one like Meng Chuan; if you're going to marry, marry only the genius Meng.]

Besides this news, another piece of news was also revealed, which brought Meng Chuan's reputation to its peak.

This time, the winning mahjong game was played on Pinduoduo.

But the one who's universally disliked is Ge Wei.

Some netizens have unearthed an interview video from "Wu Xiaobo Channel".

The bet between Meng Chuan and Ge Wei in the video has become a hot topic:

What? Pinduoduo was sponsored by Meng Xueshen?

【Why is it Ge Wei again? Wasn't he the one who accused my idol of plagiarism last time?】

Who else could it be but him? Ge Wei doesn't look like a good person at all; just seeing him makes me sick.

[I, Meng Xueshen, am the largest shareholder of Pinduoduo, so I'm definitely going to buy something from Pinduoduo.]

Did my idol win the bet with Ge Wei?

Pinduoduo's Singles' Day sales reached 410 billion yuan; Ge Wei apologized.

[Ge Wei Apologizes]

[Ge Wei Apologizes]

……

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like