MTL - You Made Me a Superstar-Chapter 538 financial crisis

  Chapter 538 Financial Tsunami

  May 6th.

  Xinghui's low-level employees are still working as usual.

  But the group of department heads who were close to the board of directors kept shuttling back and forth between the conference room and the office, until the early hours of the morning, the meetings did not stop.

  Music department, film department, TV department, production department, public relations department...

  The lights in each department were as bright as day, and everyone's expressions were tense, and they were suffocated and out of breath in the oppressive atmosphere, and their eyes kept looking towards the big conference room...

  Time is always the least valuable thing, from dawn to dawn, and then from dawn to noon.

   "The department's business cooperation with Hollywood has been suspended, and the films of Xinghui's overseas branch will be temporarily put on hold. The company's overseas assets must be sold as soon as possible, no matter how low the price is!"

   At noon on May 7th.

  Some financial staff came out of the conference room with pale faces.

  Supervisor Xu Chaoyang didn't care about staying up all night, and hurriedly followed Liu Zhengqiang, one of Xinghui's shareholders, to buy a plane to the United States. After boarding the plane, such a thought flashed through Xu Chaoyang's mind.

Shareholder Liu Zhengqiang was sitting next to Xu Chaoyang. In the past, when he was on a plane, he would not be honest with his hands in private. News, I can't wait to fly towards Laomei immediately.

  Xu Chaoyang has no other thoughts, and he is constantly calculating Xinghui's overseas assets and his own personal assets...

  She still has more than 20 million US dollars in stock in Laomei!

  Before boarding the plane, she called the client, but no one answered the phone.

  She wanted to sell the stock immediately, but the stock was completely locked up, and there was no taker at all.

  She heard the news...

  Wall Street is in a mess right now!

   It seems that this time the financial tsunami will not only sweep Wall Street, but also the old America, and even the whole world.

   "The company operates as usual, and all business within the company cannot be interrupted. Apart from this, external public relations must be careful and kept secret!"

   This is the news received by Xinghui's public relations department.

  Xinghui's public relations department, after receiving the news, Murong Li, the person in charge, changed his face instantly.

  After finishing everything in the PR department, he started desperately calling Lao Mei, hoping to get in touch with Lao Mei's client.

  He owns real estate and stocks there, and even invested in a financial company. He plans to transfer to Laomei as soon as he gets his green card.

  …

   "The company has a lot of assets overseas, especially the company's President Li, who has dozens of properties overseas, and the funds on the stock are hundreds of millions of dollars. He also has project cooperation with the DV company..."

   "Today, the Laomei stock market fell sharply, countless stocks fell by the limit, and the few stocks I had in Laomei were also locked up..."

   "Wall Street is in chaos, and many companies have directly collapsed..."

   "I didn't expect this subprime mortgage crisis to be so violent, it indirectly affected Hollywood movies..."

   "Crash directly!"

   "..."

  In the company, everyone looked in a hurry.

  Django has heard tons of bad news...

  After hearing the bad news, he felt unbelievable, and even felt that he was dreaming. After a whole day, he still didn't recover.

  That's the United States, the United States at the center of the world!

  How could there be a financial crisis?

  Django just can’t relate the financial crisis to America…

  But the reactions of the people around him, as well as everyone busy in Xinghui, kept reminding him that he was not dreaming.

   Many people even told him that they were about to experience the most incredible thing in their lives, and it was very likely that they would witness something at this historical juncture!

   Django recovered from the shock, and he couldn't help but feel disbelief in this warning.

  He feels that if it lasts for a few days, at most a week, it will subside there. This is just a man-made panic. People on Wall Street just want to short the stock market and make a fortune.

  In fact…

   After a few days, Django's thoughts gradually began to disappear.

  Things seem to be getting worse.

  In less than half a month, tens of thousands of financial practitioners in Laomei have lost their jobs, gone bankrupt, or jumped off buildings...

  Even the official news is reporting what's going on on Wall Street.

  Chaotic streets, panicked people in suits, people jumping off buildings after bankruptcy one after another...

   May 10th.

  Jiang Ge came to Xinghui again, but he still didn’t see Li Zhongjun, he just heard from other people that Li Zhongjun lost more than 500 million in three days!

  At the same time, the entire management of Xinghui, including the company, suffered a total loss of more than two billion yuan. This did not include the sharp drop in Xinghui's stock price, and the market value directly evaporated by nearly three billion yuan!

  Compared to when he came to the company on the 6th, Django felt that the whole company started to panic this time, and everyone had anxiety and panic on their faces, as if the end of the world was coming.

  During the evening, Jiang Ge saw Xu Chaoyang from the finance department came back. Xu Chaoyang looked very tired, and his face was almost bloodless...

  She hurried into the office without even looking at Django.

  Her stocks in Laomei are locked up, and the property cannot be sold...

  Following the arrival of Xu Chaoyang, many well-known entertainers in the entertainment industry also followed, and the clouds were overcast.

The crisis in Laomei has affected China, and the most direct impact is Hong Kong Island. Hong Kong stocks have fallen for three consecutive times. Many stocks were booming a week ago, and they announced their delisting and suspension directly a week later. Among them, many stocks in Hong Kong Island and mainland China Artists were also caught in it, and countless people were anxious like ants on a hot pot...

   "Uncle, are you okay!"

   "Not dead yet... By the way, how much Xinghui still owes you now? If you can get it done, hurry up, or you won't be able to!"

"what?"

  Jiang Ge saw that Cao Bangguo also walked in.

  He asked a question subconsciously, but found that Cao Bangguo looked at him irritably, said this sentence in an unprecedented voice, and walked into the office after speaking.

  …………

  【The fifth largest investment bank in the United States, Bestearns, was acquired by Morgan Corporation! 】

  【IndyMac Bank of California was taken over by the government and became the third largest bankrupt bank in the United States! 】

  【The fourth largest investment bank, Redman Brothers Holdings, announced its first financial report, claiming a loss of close to 3 billion U.S. dollars, and the company intends to sell commercial real estate and securities worth about 30 billion U.S. dollars! 】

  【The financial crisis triggered a wave of American newspaper closures, and the "Rocky Mountain News" announced its temporary closure】

  【Oscar postponed to May 20th...】

  【…】

  Early May.

  In Huaxia News, some experts talked about the "financial crisis". When talking about the "financial crisis", the experts were cheerful.

   Said that this is only a short-term transition, and there is a high probability that Lao Mei can survive this crisis smoothly, and advises everyone not to panic, let alone get excited.

   Mid-May.

  The smiling faces of the experts began to turn serious, but they still kept everyone optimistic.

  However, in the second ten days of the month, when the 20th was approaching, a series of news from Laomei began to appear on TV news, major social platforms Weibo, Tieba and other places.

  No one thought that this sudden crisis would be so crazy. Almost every day a big company would go bankrupt, and every day there would be news.

  This catastrophe is almost unprecedented. Many people think of the R capital bubble economy in the 1980s...

  But this crisis seems to be more terrifying than the turmoil in R itself at that time, directly affecting the whole world.

  【"Change" delayed release...】

  【"Mercury Monster" has been postponed until August! 】

  【The investment crisis broke out in the crew of "King Kong Tiger", the producer and selection director Tony Auman announced that the plan is temporarily shelved】

  【Men in Black star Will Smith declares bankruptcy...】

  【…】

  In such an astonishing crisis...

  Hollywood is naturally affected.

   Many Hollywood blockbuster plans were even hit hard at one point, and some filmmakers who were about to release in June began to delay the film.

  In addition, the remuneration of some Hollywood movie stars, including their assets, have also been hit hard like never before. Will Smith, who was so chic a few months ago, even announced in front of the media that he was bankrupt...

  【Xinghui encountered a major crisis, Xinghui President Li Zhongjun's personal assets have shrunk by nearly 800 million, and the company in charge of Xinghui Overseas has declared bankruptcy and liquidation! 】

  【Xinghui has laid off employees on a large scale! Another star entertainment? 】

  【Debt collection! Many artists gathered around the stars! 】

  【Prosperous World announces the film plan for the second half of the year, and announces that it will switch to low-budget films...】

  【…】

  The influence of entertainment companies on the mainland is actually not bad.

  Prosperity and other entertainment companies do not have much overseas assets, and after encountering a crisis warning, they immediately chose to avoid it, and the losses were not much.

  Of course everyone started to panic, and all of a sudden became cautious about investing hundreds of millions of dollars in movies.

  But Xinghui's situation is very bad.

   This entertainment company, one of the best in China, was entangled in all kinds of news overnight, and fell into a quagmire from which it could not extricate itself.

  Entertainment news once gave various analyzes to Xinghui, and some people even judged that Xinghui's actual situation was worse than imagined, and it was very likely that Xinghui would go bankrupt.

  In addition to Xinghui, Zhou Yang was also on the hot search...

  During this terrifying stage of indistinguishable situation, Xingyang Cinemas continued to expand overseas in the opposite direction. Some people asserted that Zhou Yang was going to die!

   May 20th.

  The Hong Kong Island Film Awards and Oscar Awards began in this very special atmosphere.

  The media suddenly discovered that Zhou Yang, who had been in Laomei for a long time, seemed to have returned to China, and seemed to be preparing to participate in this year's Hong Kong Island Awards.

   "Damn it!"

   "This year's Golden Statue Awards, most of the nominations are the works of Hua Xing!"

   "The works written by Zhou Yang himself, there are... I rely on it!"

   "..."

  (end of this chapter)