My capital is quite large.

Chapter 304: Brothers and sisters respect each other

Amidst the turbulent developments in the film and television industry, Haofeng Film & Television's response surprised many industry insiders.

Faced with Tencent Video's high-profile move in the movie version of "Love O2O", Haofeng seemed completely unconcerned about the opponent's offensive.

Moreover, Haofeng had just purchased several newly completed hit IPs from Jinjiang Literature City. During the copyright negotiations, he only bought the exclusive adaptation rights for the TV series, while still ignoring the film rights.

This approach undoubtedly demonstrates Haofeng's clear stance once again—in the current market environment, they are very pessimistic about the film adaptation of female-oriented IPs.

After all, in Haofeng's evaluation system, the delicate emotions and long build-up unique to female-oriented IPs are more suitable for being slowly permeated through dozens of episodes of TV series. However, compressing them all into a two-hour movie often results in a fragmented, fast-food style that is extremely difficult to achieve ideal box office results in theaters.

Since Tencent is willing to continue investing heavily in movies, Li Feng is naturally happy to see his rival fall into the same trap multiple times.

While undercurrents were swirling in the film and television industry, the protracted battle between Baowan and Vanke in the domestic capital market finally saw a new turning point.

After several rounds of tumultuous power struggles, Wang Shi, the helmsman of Vanke, finally managed to bring in a highly influential white knight for Vanke – Shenzhen Land Group – by leveraging the connections left by his father-in-law and his own long-cultivated network of political and business relationships.

Shenzhen Earth Group has a powerful background, backed by local state-owned assets.

With this identity, many seemingly intractable problems were quickly resolved.

Shenzhen Land's first step after entering the game was to acquire all 16.9 billion Vanke shares held by Huarun for RMB 371.7 billion.

Following the transaction, Shenzhen Land Group's shareholding reached 15.31%, making it the second-largest shareholder of Vanke, replacing Huarun.

Following that, Shenzhen Land Group acquired 15.53 billion Vanke shares from Evergrande for 292 billion yuan.

Based solely on the book value and the secondary market price at the time, Evergrande's owner, Xu, lost at least 70 billion yuan in this transfer, essentially cutting his losses and leaving the market.

……

A few days later, at a private club in Dalian.

The private room was dimly lit, and a melodious intro was playing from the stereo.

Li Feng came today as agreed, to spend some time with Old Wang from Wanda.

Li Feng isn't usually keen on karaoke or socializing, but Lao Wang is known in the industry for his love of singing. Since Li Feng is visiting today, Lao Wang naturally goes along with him.

The two sat on a spacious leather sofa and chatted idly, completely ignoring the veteran singers performing energetically on the stage in front of them as background music.

Li Feng glanced at the male and female singers singing together on stage, his eyes flickering slightly.

When these artists were enjoying immense popularity in the Chinese music scene, he himself was probably still in elementary school.

Li Feng had a particularly deep impression of the female singer who was once known as the "Queen of Sweet Songs".

I only heard that he later had a relationship problem and entrusted himself to the wrong person, which caused him to get into big trouble in the lower realm, and he was silent in the music scene for many years. I never expected that he would be invited to a private party by Lao Wang today.

Li Feng picked up his wine glass, his expression somewhat subtle, thinking to himself that this richest man did have a bit of nostalgia when it came to his hobbies.

Old Wang, a seasoned businessman, was incredibly astute and immediately noticed the unusual look in Li Feng's eyes.

He laughed and joked, "Brother Li, don't get the wrong idea. I just love to sing. These people on stage are professional teachers I specially invited to exchange ideas and learn from each other. I have no other intentions."

Old Wang patted Li Feng on the shoulder and said, "Before I leave, I have to sing you a song myself, so you can hear if my singing skills have deteriorated."

Upon hearing this, Li Feng smiled with a flattered expression and said modestly, "I'm so sorry, Brother Wang, you're too kind. I'm truly fortunate to have such an audience."

"Haha, then little brother, you have to give your big brother this face today."

Old Wang chuckled, then composed himself: "But speaking of which, things have been quite turbulent in Shenzhen lately. That Xu Belt kid, not only did he betray us this time, but why did he sell his Vanke shares so cheaply? This whole mess must have resulted in a loss of at least seven billion yuan on paper. Does he look like someone who's burning money?"

Li Feng held his wine glass and smiled calmly: "That shouldn't be the case. In my opinion, Xu Pidai is a very shrewd man. He never acts without a clear benefit. He shouldn't do anything that would be a loss."

Old Wang asked with some curiosity, "Oh? What insightful opinion does Mr. Li have?"

"I wouldn't call it insightful," Li Feng said modestly, speaking slowly. "It's just that I've dealt with local governments more often over the years, so some of the intricacies have become easier to understand. Evergrande is currently eager to backdoor list on the A-share market through Shenzhen Real Estate Development Group, which is a subsidiary of Shenzhen State-owned Assets Supervision and Administration Commission. As for Shenzhen Land Group, as a local entity, it needs a large number of Vanke shares to solidify its position as the largest shareholder and quell the internal turmoil within Vanke."

Old Wang was no ordinary person; upon hearing this, the clues in his mind quickly came together.

The two exchanged a smile, raised their glasses in perfect unison, and said in unison, "Let's not talk about it anymore..."

Although he said he wouldn't talk about it, Old Wang knew exactly what was going on.

Evergrande was willing to sell its shares to Shenzhen Land at a discount, doing a huge favor to the local state-owned assets, all in exchange for a green light to return to the A-share market.

Thinking of this, Old Wang had an idea.

He tentatively asked, "Brother Li, do you think Evergrande's move is reliable? Can Xu Pidao really make this happen?"

Looking at Old Wang's expression, Li Feng immediately understood.

After Wanda was listed on the Hong Kong Stock Exchange, its valuation was consistently suppressed by foreign investors. Wang Jianlin had been holding back his anger and had long considered privatizing the company, delisting it, and then relisting it on the A-share market.

Now that he sees Evergrande taking the path of local state-owned enterprises through the exchange of benefits, he is clearly somewhat tempted.

Li Feng pondered for a moment, then carefully replied, "I feel there's a chance. After all, Xu Jiayin isn't stupid, especially considering he's lost over 7 billion yuan in real money. Brother Wang, if you were to give away your Vanke shares at a 10% discount to Shenzhen Real Estate, taking advantage of this favorable wind, you should be able to get through to him."

Li Feng's words exposed his thoughts, but Old Wang's weathered face didn't show much embarrassment.

He said somewhat apologetically, "Sigh, if we really do it your way, wouldn't I be letting Brother Li down? After all, we agreed to work together to target Vanke, and things haven't even reached the final stage yet. I'm just pulling out my chair early."

Li Feng waved his hand and said, "My dear brother, the thought is what counts. How could I possibly stand in the way of your future? If you think this path is feasible, feel free to pursue it. I will absolutely not interfere."

Hearing Li Feng's statement, Old Wang felt relieved, but then a new question arose.

"However, if Wanda really goes through the process of privatization and delisting, the amount of capital required will be enormous. At that time... we'll probably have to rely heavily on Mr. Li to provide a safety net in terms of funding."

Upon hearing this, Li Feng laughed heartily: "Brother Wang, you're being too polite. Leave the financial matters to me. Just let me know if you need any support."

Upon hearing this, Old Wang's face lit up with excitement, and he exclaimed, "Good brother! That's straightforward! For what you said, I have to sing you 'West Sea Love Song' today!"

After saying that, Lao Wang stood up, strode to the stage, and took the microphone.

As the melodious yet slightly melancholic accompaniment began, Old Wang stood under the spotlight and sang with deep emotion:

"I remember you promised you wouldn't let me drift alone..."

"I'm left alone, weeping in the wind..."