Chinese entertainment: What's wrong with actresses wanting to improve?

Chapter 248 The Olympics and Retirement

On June 20, "Black Widow" was released worldwide.

On its opening day, the film swept across North America with lightning speed, grossing $2800 million and easily taking the top spot at the box office.

The box office continued to rise, reaching a peak of $3700 million in a single day.

Scarlett Johansson's name once again caused a sensation in Hollywood.

To demonstrate her excitement and joy, she once again drained Fu Yibai dry with her three points.

July 11, Los Angeles.

Before the US stock market opened, Fu Yibai sat in Xinghui Investment's office, with real-time market data displayed on the screen in front of him.

Chen Zheng stood next to him, holding a tablet that displayed Fang Meili's holdings data.

"Mr. Fu, the opening price for Fang Meili today is $6.8."

"Initiate closing out positions."

Fu Yibai's voice was very calm.

"Take it in batches, slowly, and don't attract market attention."

"clear."

The following week, Star Glory Investments liquidated all of its holdings in Fang Meili at an average price of $6.15 per share.

It earned a net profit of $24.6 billion.

Subsequently, Fu Yibai immediately led his team to invest all the funds in Lehman Brothers and AIG.

On August 1st, the weather in Los Angeles was as hot as a sauna.

News has come that "The Witch" has been taken off the screens in China, with its final box office reaching 4.45 million RMB.

This achievement may not seem particularly impressive compared to Fu Yibai's record of breaking 10 billion yuan at the box office, but it still makes companies in the industry extremely envious.

After "The Witch" finished its run, Yang Shoucheng called Fu Yibai. Even though he was very restrained, Fu Yibai could still hear the excitement in his voice.

After all, this was Yang Shoucheng's first time participating in Fu Yibai's project, a project with a return on investment as high as 300%. He had been in the north for so long and this was the first time he had encountered such a project. How could he not be excited?

While Wall Street giants were still scrambling to deal with the subprime crisis, Fu Yibai stood outside the storm, calmly observing the collapse.

On September 19, the U.S. Securities and Exchange Commission (SEC), together with the United Kingdom, issued a comprehensive ban on short selling of financial stocks, covering 799 financial stocks.

This means that from this day forward, it will no longer be possible to short-sell financial stocks such as banks, insurance companies, and investment banks.

Fu Yibai had already completed all the arrangements in advance and was now standing in Xinghui's office, holding a glass of red wine, overlooking the brightly lit city.

The night outside the window seemed to reflect the chaos and clamor of Wall Street, while here it was a peaceful place of victory.

"Mr. Fu."

Chen Zheng's voice pulled him back to reality.

"The SEC's short-selling restrictions have taken effect. What's next?"

Fu Yibai placed the wine glass on the table and sat down on the sofa.

"Everyone has worked hard during this period, but now is not the time to rest. We will give each member of the team three months' salary as a bonus."

This financial crisis has severely impacted many companies, and Apple's stock price has fallen below $10. Now is the time to start buying at the bottom.

There are also some high-quality technology and energy stocks at historical lows, making this an excellent time for us to position ourselves for the future.

Fu Yibai slid his finger across the tablet, bringing up a list that had been prepared beforehand.

I need you to pay close attention to these companies.

Apple, Amazon, Tesla, Sina, NetEase...

"This is a key focus for Tesla. As far as I know, this company is currently on the verge of bankruptcy."

We can invest, but we don't want to acquire.

A stake of around 20% is sufficient.

If the founders request it, they can sign a concerted action agreement.

Fu Yibai didn't want to influence Tesla's development; he only wanted it to maintain its original growth trajectory and become the trillion-dollar giant it would become in the future.

"In addition, Sina and NetEase, two Chinese internet companies, have huge potential."

Fu Yibai continued, "Although stock prices are currently depressed due to the financial crisis, the number of Chinese internet users is growing explosively, and portal websites and gaming businesses will soon usher in a golden age."

We should take advantage of the current low prices to buy in and hold for the long term.

Chen Zheng looked at the list on the tablet and nodded.

Having experienced these past few months of thrills, he has stopped blindly worshipping Yi Bai.

Therefore, he will unconditionally support any orders given to deal with Yi Bai.

"The next bottom-fishing strategy will have a relatively long execution cycle, and it may take three to five years to see returns."

You need to explain this clearly to your team members so they are mentally prepared.

"clear."

Chen Zheng nodded and stood up.

"Mr. Fu, I'll head down now."

"Um."