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Text Chapter 727: Having both sides

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    Xicheng's judgment, coupled with the analysis and explanation of professionals, successfully convinced shareholders.

    Nansam Fund gave up its plan to withdraw from JPMorgan Chase. Not only that, the conference also passed a resolution to increase its holdings.

    ¡°Compared with those large funds that easily cost 40 to 50 billion or even hundreds of billions, Nansam¡¯s standing fund is only about 10 billion US dollars, but this does not mean that shareholders have no money.

    As far as Xicheng saw, there were a few old men who looked unremarkable on the surface, even like homeless people. They invested hundreds of millions and billions of dollars in additional investment at the beginning, which made Nansam double or triple in minutes.

    After the shareholders meeting was dismissed, Xicheng and his father returned to the compound where they lived.

    At this time, the mobile phone rang at the right time.

    "Dear Xicheng, thank you so much," the person on the other end of the call was obviously very excited.

    "Haha, Mr. Dimon, it seems you have got the news. Does this mean there is your spy in our fund?" Xicheng joked: "It seems we need to investigate."

    Damon?

    Li Shenghao frowned, could it be Jimmy Dimon?

    This little bastard is actually connected to the CEO of JPMorgan Chase.

    ¡°But Mr. Prosecutor did not panic. He did not believe that his son would harm the family. However, what happened was indeed beyond his expectation.

    "Dear Xicheng, if you come to New York at any time, I will treat you to a drink," Jimmy Dimon calmed down his excitement slightly and said swornly: "JPMorgan Chase will always be your friend. I can represent the group on this."  I promise."

    JPMorgan Chase is entangled in lawsuits. Since New Year¡¯s Day this year, it has spent US$120 million in litigation fees alone, not to mention the damage to the corporate image caused by this.

    Of course, these are not fatal, after all, they are trillion-dollar giants.

    But if there is really no sense of crisis, then Jimmy Dimon can prepare to pack up and go home.

    The influence of Ponzi schemes has only just begun.  JP Morgan's partners are ready to make moves, especially the major fund organizations that have invested their money here to avoid risks. More than half of them are looking for other ways out.

    ??JPMorgan Chase¡¯s ability to survive the financial crisis is indispensable to these fund organizations with assets ranging from tens to tens of billions of dollars.

    They must not be allowed to leave, at least not at the cusp of this storm.

    Nansam is not the largest fund, but its return on investment has been among the best for more than ten years. Its leader, Li Qingzhe, is known as a fox in the industry, and many funds are willing to advance and retreat with him.

    If he leaves, Jimmy Dimon feels that his job as chairman and CEO is almost done.

    ??Commercial investigation is pervasive.  Before Nansam's shareholder meeting, Jimmy Dimon finally found the key figure - a young boy who had just grown up. It was said that he was the business wizard who single-handedly planned Lee's entry into Apple.

    There is no sensory barrier to communication. Jimmy Damon and Xicheng had a good chat.

    Xicheng promised to help him solve the immediate trouble, and JPMorgan Chase would provide Xicheng with a low-interest high-quality loan of no more than five billion US dollars at any time. This loan does not require any collateral.

    When an enterprise develops to a certain level, especially an enterprise in the rising stage, it is impossible not to deal with banks, many times.  Bank loans are the bright red liquid flowing in the blood of enterprises.

    "JPMorgan Chase is the best bank in the world. We believe that the current storm is just a temporary setback. Mr. Dimon, I hope we can have a happy cooperation in the future. If there is a need for funds, I will let my manager talk to you."

    After hanging up the phone, Xicheng saw his father looking at him expressionlessly.

    "As you can see," he shrugged.  The corners of his lips curled up, "I fooled everyone."

    "Are you short of money?" This son can be regarded as starting from scratch.  He became a billionaire before he reached adulthood. If he was willing to make it public, he would be a highly regarded presence among business geniuses all over the world. However, he almost never asked his family for money.

    As for the test that started when I was fifteen, it has long been meaningless.

    "I do have some ideas, and I need an uncertain amount of capital," Xicheng nodded, "It's just an idea now, so I'm just planning ahead. As for the cooperation between nansam and Xiaomo, that's because I really can't see a better choice.  ¡±

    ??Xiaomi has always been ranked among the top three in the United States. Although there are times when it loses money, at least it does not lose tens of billions like other banks.

    "It's hard to say anything else. In this regard, I believe you," Li Shenghao patted his son on the shoulder and left without looking back.

      He obviously had no intention of snitching on anyone. His son was an insider working for JPMorgan Chase.

    The next day, Xicheng met his right-hand assistants, Jin Douhuan and Hammer, at the manor.

    Kim Doo-hwan is Hee-sung¡¯s butler. Now he travels back and forth between South Korea, Hong Kong, and the United States. He attends most of the social events on behalf of Hee-sung. He is the link between Hee-sung and the family, and has great decision-making power in Hee-sung¡¯s system.

    Hammer is mainly in charge of the film company and is the executive president of hades.

    Being in charge of the seventh largest film company in Hollywood, Hammer looks very energetic. The confusion he felt when he met Hee Sung is no longer visible.

    Regardless of history or annual box office market share, there are only six major movie companies in Hollywood, including Warner Bros. Pictures, Paramount Pictures, 20th Century Fox Pictures, and Sony/Columbia Pictures  , Disney Pictures and Universal Pictures.

    As for movie companies that are familiar to movie fans such as MGM, New Line, and Paramount Advantage, some have been acquired. For example, Sony absorbed MGM in 2005, and Warner acquired New Line in 2008.

    Some are subsidiaries of large companies that specialize in releasing small movies, such as Paramount Advantage, Fox Searchlight, Focus Features (under Universal), etc.

    Lionsgate Pictures and Summit Entertainment are independent film companies with unique characteristics. They are not large in scale, but they have unique survival secrets. For example, Lionsgate Pictures dominates the market by releasing small horror films (such as the "Saw" series) every year.  It has a certain market share, and Summit Entertainment has recently made a sudden appearance thanks to "The Twilight Saga".  As for Weinstein Pictures, which has released movies such as "Inglourious Basterds", it was originally owned by Disney. However, in 2005, Weinstein Pictures successfully "redeemed" and now it has become an independent film company.

    This is currently the most active film company in Hollywood. Although each has its own characteristics, in general, most of the film industry's revenue every year is harvested by the top six film companies.  This pattern lasted until the sudden rise of Hades Pictures.

    "Juno", "Slumdog Millionaire", "The Hangover", "Once Upon a Time", "That Man from Earth", "Mamma Mia", "Cape 7", "Speed", "The Monster on the Han River"  ", "The King's Man", "Haeundae"

    Participated in the investment of "Transformation 2", "Ice 3", "Special Forces", "Avatar"

    Not to mention that Hades Films also owns copyrights for TV series, variety shows, music, etc. It also has two music companies and a TV station in South Korea, and it also holds multiple shares in Hong Kong.

    Looking at the shocking resume of this rookie in the film industry, people will be surprised to find that he is not only powerful, but what is even more frightening is that he never does business at a loss.

    In fact, people don¡¯t know that negotiations on Industrial Light and Magic have entered the final stage. In at most two months, Hades Films will complete the feat of swallowing up the world¡¯s top special effects team.

    By then, will Hades Pictures still be willing to be ranked seventh?  (To be continued)
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